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Filing year 2024

Maine Renewable Energy Association

Augusta, Maine·EIN 01-0491904·501(c)(6)
Total revenue
$618k
Total assets
$458k
Total expenses
$553k
Reported officers
21
Mission

To associate its members together for their mutual benefit as (1) developers & producers of renewable electric energy, and (2) suppliers of goods & services to such producers.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director
Median to 75th percentile
$131k
$141k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 20 unpaid individuals.

Top compensation, year by year

From $27k in 2023 to $131k in 2024.

$27k
2023
$131k
2024
In today's dollarsEst.
Up 373% in real terms$30k to $141k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 389% from 2023 to 2024, while revenue rose 84%.

$27k in 2023 to $131k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Maine Renewable Energy Association reported revenue and expenses across 2 filing years.

RevenueExpenses
$336k
$265k
2023
$618k
$553k
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about Maine Renewable Energy Association

What does the Chief Executive Officer of Maine Renewable Energy Association earn?

In 2024, the Chief Executive Officer of Maine Renewable Energy Association received $130,579 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among nonprofits nationwide, across all sectors, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Maine Renewable Energy Association compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2024 pay of the Chief Executive Officer at Maine Renewable Energy Association falls between the median and the 75th percentile.

What are Maine Renewable Energy Association's revenue and expenses?

In 2024, Maine Renewable Energy Association reported $618k in total revenue and $553k in total expenses on its IRS Form 990.

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