Civic Intelligence

Research and Education Trust C/O Maine Hospital Association

990EZ • Fiscal year 2016 • EIN 23-7257058

Oct 01, 2015 to Sep 30, 2016 • Filed on Jan 26, 2017

Organization ProfileN/A
33 Fuller StreetAugusta, ME 04330

(207) 622-4794

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

0.99x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

84th percentile

0.14x

Higher debt load relative to revenue than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

48th percentile

2.3%

Higher net margin than 48% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

13th percentile

-35%

Faster asset growth than 13% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

59th percentile

6.6%

Faster revenue growth than 59% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$28,259

Down $15,140 (-35%) from 2015

Net Assets

Up

$359

Up $4,456 (+109%) from 2015

Liabilities

Down

$27,900

Down $19,596 (-41%) from 2015

Revenue And Expenses
Liabilities / Revenue84th percentileNet Margin48th percentile

Revenue

Up

$193,000

Up $11,964 (+6.6%) from 2015

Expenses

Up

$188,544

Up $10,665 (+6.0%) from 2015

Net Income

Up

$4,456

Up $1,299 (+41%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth13th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$80K$60K$40K$20K$0-$20KAssets 2010: $35,638Liabilities 2010: $32,700Net Assets 2010: $2,9382010Assets 2012: $44,797Liabilities 2012: $1,230Net Assets 2012: $43,5672012Assets 2013: $25,752Liabilities 2013: $0Net Assets 2013: $25,7522013Assets 2014: $25,825Liabilities 2014: $33,079Net Assets 2014: -$7,2542014Assets 2015: $43,399Liabilities 2015: $47,496Net Assets 2015: -$4,0972015Assets 2016: $28,259Liabilities 2016: $27,900Net Assets 2016: $3592016Assets 2017: $54,125Liabilities 2017: $43,987Net Assets 2017: $10,1382017Assets 2018: $37,800Liabilities 2018: $20,207Net Assets 2018: $17,5932018Assets 2019: $61,746Liabilities 2019: $36,816Net Assets 2019: $24,9302019Assets 2020: $35,791Liabilities 2020: $11,052Net Assets 2020: $24,7392020Assets 2021: $63,086Liabilities 2021: $31,237Net Assets 2021: $31,8492021Assets 2022: $51,643Liabilities 2022: $14,796Net Assets 2022: $36,8472022

Highlighted filing

2016

Assets$28,259
Liabilities$27,900
Net Assets$359
Open 2016 Filing

Operations Trend

Revenue Growth59th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $422,6622010Expenses 2012: $440,0062012Revenue 2013: $175,310Expenses 2013: $193,125Net Income 2013: -$17,8152013Revenue 2014: $180,981Expenses 2014: $213,987Net Income 2014: -$33,0062014Revenue 2015: $181,036Expenses 2015: $177,879Net Income 2015: $3,1572015Revenue 2016: $193,000Expenses 2016: $188,544Net Income 2016: $4,4562016Revenue 2017: $202,755Expenses 2017: $192,976Net Income 2017: $9,7792017Revenue 2018: $206,131Expenses 2018: $198,676Net Income 2018: $7,4552018Revenue 2019: $211,470Expenses 2019: $204,133Net Income 2019: $7,3372019Revenue 2020: $211,671Expenses 2020: $211,861Net Income 2020: -$1902020Revenue 2021: $214,296Expenses 2021: $207,186Net Income 2021: $7,1102021Revenue 2022: $215,679Expenses 2022: $210,681Net Income 2022: $4,9982022

Highlighted filing

2016

Revenue$193,000
Expenses$188,544
Net Income$4,456
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Jan 26, 2017
Return Version
2015v3.0
Gross Receipts
$193,000
Mission and Program Overview

Mission

To promote and sponsor educational programs for training of hospital and healthcare personnel and foster research in hospital administration.

Program Services

DescriptionGrantsExpenses
The Research and Education Trust (RET) provides information and education on a continuing basis on hospital policymaking and current health care issues through education programs.$0$184,318
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Steven MichaudPresident-$0--
Rebecca ArsenaultImmediate Past Chair-$0--
James DonovanChair-$0--
Chuck HaysVice Chair-$0--
Peter SiroisTreasurer-$0--
Charles TherrienSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Research and Education Trust
EIN
23-7257058
Phone
2076224794
Address
33 Fuller Street, Augusta, ME 04330

Signing Officer

Name
Steven Michaud
Title
President
Phone
2076224794
Signed
2017-01-26
Discuss with paid preparer
Yes

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
PO Box 1100, Portland, ME 04104-1100
Preparer
Barbara J McGuan CPA
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: Travel. Amount: 3,342. Description: Insurance. Amount: 1,789. Total to Form 990-EZ, line 16: 5,131.”

Form 990-EZ, Part II, Line 24 - Other Assets

“Description: Accounts Receivable. Beg. of Year Amount: 19,036. End of Year Amount: 21,000.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Due to Affiliates. Beg. of Year Amount: 47,496. End of Year Amount: 27,859. Description: Accounts Payable. Beg. of Year Amount: 0. End of Year Amount: 41.”

Raw XML Appendix168 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt033 Fuller Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Augusta
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ME
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd004330
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IRS990EZ/GrossReceiptsAmt0193000
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Steven Michaud
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Rebecca Arsenault
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2James Donovan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Chuck Hays
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Peter Sirois
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Charles Therrien
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Immediate Past Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Vice Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Secretary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt019036
IRS990EZ/OtherAssetsTotalDetail/EOYAmt021000
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt05131
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To promote and sponsor educational programs for training of hospital and healthcare personnel and foster research in hospital administration.
IRS990EZ/ProgramServiceRevenueAmt0172000
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Research and Education Trust (RET) provides information and education on a continuing basis on hospital policymaking and current health care issues through education programs.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0184318
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt0175033
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt047496
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt027900
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0188544
IRS990EZ/TotalProgramServiceExpensesAmt0184318
IRS990EZ/TotalRevenueAmt0193000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt021000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt019036
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015981
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt016110
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt088209
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01090765
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IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt088209
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt021000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt019036
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt015981
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt016110
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt016082
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt088209
IRS990ScheduleA/TotalSupportAmt088209
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Travel. Amount: 3,342. Description: Insurance. Amount: 1,789. Total to Form 990-EZ, line 16: 5,131.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Accounts Receivable. Beg. of Year Amount: 19,036. End of Year Amount: 21,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Due to Affiliates. Beg. of Year Amount: 47,496. End of Year Amount: 27,859. Description: Accounts Payable. Beg. of Year Amount: 0. End of Year Amount: 41.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Steven Michaud
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum02076224794
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Research and Education Trust
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0c/o Maine Hospital Association
ReturnHeader/Filer/BusinessNameControlTxt0RESE
ReturnHeader/Filer/EIN0237257058
ReturnHeader/Filer/PhoneNum02076224794
ReturnHeader/Filer/USAddress/AddressLine1Txt033 Fuller Street
ReturnHeader/Filer/USAddress/CityNm0Augusta
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ME
ReturnHeader/Filer/USAddress/ZIPCd004330
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0010523282
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Berry Dunn McNeil & Parker LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Portland
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ME
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0041041100
ReturnHeader/PreparerPersonGrp/PhoneNum02077752387
ReturnHeader/PreparerPersonGrp/PreparationDt02017-01-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Barbara J McGuan CPA
ReturnHeader/ReturnTs02017-01-31T14:33:27-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-10-01
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,259
Liabilities
$27,900
Net assets
$359
Revenue
$193,000
Expenses
$188,544
Net income
$4,456
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$0.15$0.37$2.16$2.11$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.63$0.31$0.32$2.14$2.07$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.11$0.25$2.12$2.12$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.37$0.25$2.11$2.04$0.07
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.38$0.20$0.18$2.06$1.99$0.07
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.54$0.44$0.10$2.03$1.93$0.10
2016Detailed filing. Detailed filing data is available for this year.$0.28$0.28$0.00$1.93$1.89$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.43$0.47$0.04$1.81$1.78$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.26$0.33$0.07$1.81$2.14$0.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.00$0.26$1.75$1.93$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.45$0.01$0.44$4.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.33$0.03$4.23