Overview
What is Maine Center For Economic Policy?
The Maine Center for Economic Policy (MECEP) is a nonprofit organization situated in Augusta, Maine. Their primary mission is to conduct research, analysis, education, outreach, and advocacy to promote policy solutions that enhance the economic well-being of low-income workers and their families. In 2022, MECEP played a significant role in educating policymakers, residents, and the media by releasing 69 research reports, blog posts, and fact sheets, issuing 23 press releases and op-eds, having their analyses cited in 170 news stories, maintaining daily social media content, running three digital education campaigns, publishing a monthly newsletter, and presenting at six public events. MECEP strives to advance equity and prosperity for all Maine people through issue-based analysis, education, and advocacy, providing credible and rigorous economic analysis that advances economic justice and prosperity for all Maine citizens.
Official website here: www.mecep.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Maine Center For Economic Policy has received high marks from Charity Navigator, scoring 96% overall, which reflects strong accountability and financial management practices. The organization boasts a fully independent board, which enhances its governance, and it excels in areas such as financial oversight and conflict of interest policies, indicating a commitment to transparency.
Strengths of the Maine Center For Economic Policy include a robust program expense ratio of 75.01%, meaning a significant portion of its funds is directed towards fulfilling its mission. Additionally, the organization has demonstrated effective management practices, with no material diversion of assets reported and a strong liabilities to assets ratio of 3.57%, showcasing financial stability.
While the ratings indicate a well-managed nonprofit, it is important for prospective donors and supporters to consider how these financial metrics translate into the organization’s actual impact on economic issues in Maine. Overall, the Maine Center For Economic Policy appears to be a trustworthy organization with a solid track record.
This AI summary has been generated from information found on Charity Navigator.
Is Maine Center For Economic Policy legitimate?
Maine Center For Economic Policy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Center For Economic Policy 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: $127,215
Professional Fundraising Fees: $0
Other Salaries and Wages: $730,989
For more financial information, click here
Official website here: www.mecep.org/
What is the mission statement of Maine Center For Economic Policy?
The Maine Center for Economic Policy's mission is to promote equity and prosperity for all Maine people. They accomplish this through issue-based analysis, education, and advocacy. The organization provides credible and rigorous economic analysis to advance economic justice and prosperity. Their activities include conducting research, analysis, education, and outreach to influence policy solutions that improve the economic well-being of low-income Maine workers and their families. In 2022, they educated policymakers, residents, and media by producing numerous research reports, blog posts, and fact sheets, issuing press releases, having their analyses cited in news stories, maintaining social media content, running digital education campaigns, publishing a newsletter, and presenting at public events.
Official website here: www.mecep.org/
Who is the CEO of Maine Center For Economic Policy?
Garrett Martin is the Executive Di of Maine Center For Economic Policy.
Official website here: www.mecep.org/
What is the revenue of Maine Center For Economic Policy?
Maine Center For Economic Policy's revenue in 2022 was $1,144,593.
Official website here: www.mecep.org/
Who are the executives of Maine Center For Economic Policy and what are their salaries?
The average compensation at Maine Center For Economic Policy during 2022 was $66,016. There are 13 employees at Maine Center For Economic Policy.
Here are 13 key members and their salaries:
- Compensation: $112,744
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- Other: $30,701
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Official website here: www.mecep.org/
Where can I find the form 990 for Maine Center For Economic Policy?
Maine Center For Economic Policy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mecep.org/
Learn more at the official website: www.mecep.org/
Mission Statement of Maine Center For Economic Policy
The Maine Center for Economic Policy, abbreviated as MECEP, is committed to advocating for equity and prosperity for all Maine residents. They achieve this objective by providing credible and rigorous economic analysis that promotes economic justice and prosperity for the state's population. MECEP's mission is twofold: firstly, they educate citizens, policymakers, advocates, and media on economic issues, ensuring that they have access to reliable data to make informed decisions. Secondly, MECEP advocates for policy solutions that enhance the economic well-being of low-income Maine workers and their families. In 2022, MECEP demonstrated their commitment to this mission by producing numerous research reports, blog posts, and fact sheets; issuing press releases and op-eds; and presenting at public events. Their analyses were also cited in numerous news stories, and they maintained a strong social media presence through daily Facebook and Twitter content, as well as running digital education campaigns. Overall, MECEP's mission is to use research, education, and advocacy to advance policy solutions that improve the economic lives of Maine's most vulnerable residents.
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Impact
October, 2024
The Maine Center for Economic Policy plays a crucial role in advancing economic justice and prosperity for all residents of Maine. Through comprehensive research and analysis, they focus on policies that enhance the economic well-being of low-income workers and their families. In 2022, the organization produced 69 research reports, blog posts, and fact sheets, enabling informed discussions among policymakers, residents, and media.
Their impact extends beyond traditional research; the organization issued 23 press releases and op-eds, ensuring their analyses reached a wide audience. Their work was cited in 170 news stories, amplifying their messages and driving public awareness of economic issues. Engaging with the community, they maintained active social media content and ran three digital education campaigns to foster a deeper understanding of economic challenges and solutions.
Additionally, by publishing a monthly newsletter and presenting at six public events, the Maine Center for Economic Policy encourages dialogue and collaboration around pressing economic issues. Their commitment to educating and advocating for equitable policies is vital in shaping a fairer economic landscape for all Maine people.
This information is meant to be a general summary of Maine Center For Economic Policy. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,920
- Gross Receipts: $1,146,022
Assets and Liabilities:
- Total Assets: $1,302,237
- Total Liabilities: $46,607
- Net Assets: $1,255,630
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Organization Details
Founding Year
1994
Phone
(207) 622-7381Principal Officer
Garrett Martin
Main Address
PO BOX 437, AUGUSTA, ME, 043320437
Website
www.mecep.org/NTEE Category
Code: V22 - Social research
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