Central Maine Real Estate Management Corp

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010387674 ✦ Lewiston, ME ✦ Designated as a 501(c)(2)

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Overview

What is Central Maine Real Estate Management Corp?

Central Maine Real Estate Management Corp is a corporation that plays a vital role in managing real estate properties. Specifically, it manages a range of real estate assets on behalf of Central Maine Medical Center and associated entities, all situated in and around Lewiston, Maine. The organization's mission involves overseeing the ownership and maintenance of these properties, contributing to the local area's real estate landscape.

Is Central Maine Real Estate Management Corp legitimate?

Central Maine Real Estate Management Corp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Central Maine Real Estate Management Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Central Maine Real Estate Management Corp?

Central Maine Real Estate Management Corporation's mission is to oversee and manage various real estate properties for Central Maine Medical Center and related entities. The organization's primary role involves the ownership and maintenance of real estate properties, contributing to the operational needs of these entities. Although the mission statement does not explicitly mention it, it can be inferred that the corporation aims to ensure the efficient use and management of these properties to support the operations of the associated entities.

What is the revenue of Central Maine Real Estate Management Corp?

Central Maine Real Estate Management Corp's revenue in 2023 was $14,594.

Who are the executives of Central Maine Real Estate Management Corp and what are their salaries?

There 14 volunteers at Central Maine Real Estate Management Corp.

Here are 20 key members and their salaries:


Austin Albert (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marney Chalmers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Connelly (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Devore Culver (Chair Person/ Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Gauvin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jolan Ippolito (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Hall Koski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Martin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcanuff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence Merlis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherwood Moody (Director - Part Year)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Pepin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Silverman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Swift (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Littleson (President/Director)
  • Compensation: $0
  • Related: $960,940
  • Other: $80,951
David Salko (Physician/Director)
  • Compensation: $0
  • Related: $346,578
  • Other: $31,577
Hector Tarraza (Physician/Director)
  • Compensation: $0
  • Related: $363,632
  • Other: $2,697
David Paulosky (Treasurer)
  • Compensation: $0
  • Related: $291,452
  • Other: $25,982
Elizabeth Shew (Secretary)
  • Compensation: $0
  • Related: $199,857
  • Other: $31,070
Where can I find the form 990 for Central Maine Real Estate Management Corp?

Central Maine Real Estate Management Corp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Central Maine Real Estate Management Corp

Central Maine Real Estate Management Corporation, as the name suggests, is an organization that is entrusted with managing various real estate properties. This corporation operates with a primary focus on serving Central Maine Medical Center and other related entities. Its mission lies in the ownership and management of real estate properties, ensuring their optimal use and maintenance. By doing so, Central Maine Real Estate Management Corporation plays a vital role in supporting the operations of its affiliated entities, contributing to their overall success. The corporation's activities extend beyond just property ownership, encompassing the effective management of these real estate assets, ensuring they meet the needs of their associated entities.

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Impact




October, 2024

Central Maine Real Estate Management Corp plays a pivotal role in the Lewiston, ME community by owning and managing various real estate properties that serve essential functions, especially related to Central Maine Medical Center and affiliated entities. Through its activities, the corporation contributes to community improvement by ensuring that these properties are effectively maintained and utilized to support healthcare services and related operations.

By managing a diverse portfolio of real estate, the organization helps create a stable foundation for healthcare delivery and other local services, fostering an environment conducive to public health and welfare. Its focus on property management not only enhances the aesthetic and functional aspects of the local landscape but also supports the economic vitality of the area, making it an integral part of the community's infrastructure and development. Overall, Central Maine Real Estate Management Corp significantly impacts Lewiston by promoting better quality services, improving the local economy, and enhancing the livability of the community.




This information is meant to be a general summary of Central Maine Real Estate Management Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$14,594 (2023)
Expenses
$304,483 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $646
  • Gross Receipts: $14,594

Assets and Liabilities:

  • Total Assets: $1,570,143
  • Total Liabilities: $4,964
  • Net Assets: $1,565,179

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$646

Organization Details

Founding Year

1982

Principal Officer

Steve Littleson

NTEE Category

Code: S47 - Community improvement

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