NonprofitsMaine Guaranteed Access Reinsurance Association

Health Care

Maine Guaranteed Access Reinsurance Association

PORTLAND, ME

Total revenue

$79.8M

Total expenses

$61.1M

Net assets

$53.5M

Grants received

EIN

454331075

Tax year

2024

Mission

A reinsurance program for the high risk segment of Maine's individual health insurance market.

Financials

FY 2024

Revenue

Contributions & grants$45.7M
Program service revenue$29.1M
Investment income$4.9M
Other revenue
Total revenue$79.8M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$61.1M
Total expenses$61.1M
Total assets$87.0M
Net assets$53.5M

People

14 listed

NameRoleCompensation

Jolan F Ippolito

Chair

Board

2 hrs/wk

Ben Johnston

Treasurer (from 04/2024)

Board

2 hrs/wk

David Reagan

Treasurer (left 04/2024)

Board

2 hrs/wk

Dr David Howes

Director

Board

2 hrs/wk

Bruce Nicholson

Director

Board

2 hrs/wk

Kevin Lewis

Director

Board

2 hrs/wk

James Lyon

Director

Board

2 hrs/wk

Ellen Schneiter

Director

Board

2 hrs/wk

Terry Brann

Director

Board

2 hrs/wk

Eric Jermyn

Director

Board

2 hrs/wk

Scott Cremens

Director

Board

2 hrs/wk

Kate Skouteris

Director (from 10/2024)

Board

2 hrs/wk

Dan Demeritt

Director

Board

2 hrs/wk

Christopher Howard

Secretary/Clerk

Board

2 hrs/wk

Independent contractors

River 9 Consulting Inc

Administrative Services

$351K

Milliman

Actuarial Services

$219K

Pierce Atwood LLP

Legal Services

$136K

Details

EIN454331075
NTEE codeE800
Subsection04
Ruling date2015-10
Formed2012
Employees0
Volunteers13
MAINE GUARANTEED ACCESS REINSURANCE ASSOCIATION — Mission, Financials & Grants Received | Grantivo