Public Charity

Maine Life Care Retirement Community Inc

Based in Scarborough, ME, Maine Life Care Retirement Community Inc operates as a Public Charity. The organization reported $37.0M in revenue, $33.6M in expenses, $190.6M in total assets for fiscal year 2024. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $220K.

EIN: 010496258 Scarborough, ME Senior Citizens Housing & Retirement Communities NTEE: L22 Latest filing: 2024
Total Revenue$37.0M
Total Expenses$33.6M
Total Assets$190.6M
Grant Records3
Funding Total$220K
Filing Years2020–2024

Mission

Maine Life Care Retirement Community (dba Piper Shores) offers a vibrant retirement living lifestyle that enriches residents by providing a continuum of the highest quality of care and service. Piper Shores will help all residents realize their optimum potential by cultivating a rich diversity of life experience that connects to innovative programs and services.

Where $100 goes at Maine Life Care Retirement Community Inc

How Maine Life Care Retirement Community Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$71 Programs the work itself
$29 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $71 for programs

$71
Maine Life Care provides residents with a safe and secure home community, providing for independent living needs and continued health care services for the remainder of their lives
All program spending · Reported in the filing: 188 units; 50 units; 40 beds
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Vice Chair Adrian Kurre
Marketing Director Andrea Killiard
Director (start 8/2024) Brian O'coin
Director David Kunhardt
Director Dawn Harmon
Chair Frank Chessa

Officer compensation and complete director data available with membership.

Top Grant Purposes

Human & Social Services
$120,000 2 grants
General Support
$100,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $37.0M $33.6M $190.6M
2023 $28.9M $30.4M $178.0M
2022 $24.4M $25.0M $169.3M
2021 $23.5M $23.2M $140.5M
2020 $24.9M $22.7M $114.6M

Between 2020 and 2024, reported annual revenue grew from $24.9M to $37.0M (+49%), with total assets most recently reported at $190.6M.

Interactive year-over-year charts and full filing details available with membership.

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