Nonprofit · EIN 01-0212438
MAINE CENTRAL INSTITUTE
Tax-exempt · PITTSFIELD, ME 04967
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $9,616,649 | $10,251,140 | -$634,491 | $30,456,955 | $5,162,417 | $25,294,538 |
| June 30, 2024 | 990 | $11,984,432 | $11,419,757 | $564,675 | $26,489,958 | $5,542,617 | $20,947,341 |
| June 30, 2023 | 990 | $14,107,482 | $11,080,993 | $3,026,489 | $27,313,644 | $4,863,301 | $22,450,343 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $931,911
- Program service revenue
- $8,279,111
- Investment income
- $405,627
- Net gain from sales of assets
- $324,315
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $870,838
- Compensation of officers, directors and key employees
- $289,932
- Other salaries and wages
- $3,843,219
- Salaries, compensation and benefits (total)
- $5,083,366
- Professional fundraising fees
- $0
- Legal fees
- $171,143
- Accounting fees
- $30,475
- Occupancy
- $639,768
- Travel
- $51,753
- Depreciation
- $172,317
- Program services (functional)
- $6,724,317
- Management and general (functional)
- $3,184,722
- Fundraising (functional)
- $342,101
Balance sheet and other
- Total assets, start of year
- $26,489,958
- Total assets, end of year
- $30,456,955
- Total liabilities, end of year
- $5,162,417
- Net assets, end of year
- $25,294,538
- Land, buildings and equipment
- $16,218,940
- Publicly traded securities
- $10,012,305
- Net assets without donor restrictions
- $18,025,843
- Net assets with donor restrictions
- $7,268,695
- Gross receipts
- $9,616,649
- Employees
- 158
- Volunteers
- 100
- Year formed
- 1866
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Pearson | Head of School Officer | 40 | $218,417 | $59,186 |
| Jerilyn Underhill | Chief Financial Officer Officer | 40 | $12,329 | $0 |
| Michael Dow | Board President Trustee or director, Officer | 5 | $0 | $0 |
| Kyle Holmstrom | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Timothy Archibald | Trustee Trustee or director | 1 | $0 | $0 |
| Robert Bryant | Trustee Trustee or director | 1 | $0 | $0 |
| Corey Dionne | Trustee Trustee or director | 1 | $0 | $0 |
| Allen Dyer | Trustee Trustee or director | 1 | $0 | $0 |
| Lewis Fitts III | Trustee Trustee or director | 1 | $0 | $0 |
| Natalia Hall | Trustee Trustee or director | 1 | $0 | $0 |
| Mitchell Hallee | Trustee Trustee or director | 1 | $0 | $0 |
| Kristy Hapworth | Trustee Trustee or director | 1 | $0 | $0 |
| Frank Haseltine | Trustee Trustee or director | 1 | $0 | $0 |
| Charles Jaffers | Trustee Trustee or director | 1 | $0 | $0 |
| Peg Peat | Trustee Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul Pietranico | Trustee Trustee or director | 1 | $0 |
| Debra Pronovost | Trustee Trustee or director | 1 | $0 |
| Elizabeth Ross | Trustee Trustee or director | 1 | $0 |
| Deborah Rozeboom | Trustee Trustee or director | 1 | $0 |
| Matthew Stein | Trustee Trustee or director | 1 | $0 |
| Dan Tilton | Trustee Trustee or director | 1 | $0 |
| Eric Thompson | Trustee Trustee or director | 1 | $0 |
| Erik Updyke | Trustee Trustee or director | 1 | $0 |
| Craig Weaver | Trustee Trustee or director | 1 | $0 |
| Joo Ohk Yi | Trustee Trustee or director | 1 | $0 |
| Margaret Peat | Past Trustee Trustee or director | 1 | $0 |
| Aaron Rosen | Past Trustee Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 29 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Pearson | Head of School Officer | 40 | $185,737 | $57,199 |
| Daniel Welch | Chief Financial Officer Officer | 40 | $97,633 | $13,343 |
| Michael Dow | Board President Trustee or director, Officer | 5 | $0 | $0 |
| Kyle Holmstrom | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Timothy Archibald | Trustee Trustee or director | 1 | $0 | $0 |
| Robert Bryant | Trustee Trustee or director | 1 | $0 | $0 |
| Allen Dyer | Trustee Trustee or director | 1 | $0 | $0 |
| Lewis Fitts III | Trustee Trustee or director | 1 | $0 | $0 |
| Natalia Hall | Trustee Trustee or director | 1 | $0 | $0 |
| Mitchell Hallee | Trustee Trustee or director | 1 | $0 | $0 |
| Kristy Hapworth | Trustee Trustee or director | 1 | $0 | $0 |
| Frank Haseltine | Trustee Trustee or director | 1 | $0 | $0 |
| Charles Jeffers | Trustee Trustee or director | 1 | $0 | $0 |
| Margaret Peat | Trustee Trustee or director | 1 | $0 | $0 |
| Paul Pietranico | Trustee Trustee or director | 1 | $0 | $0 |
| Debra Pronovost | Trustee Trustee or director | 1 | $0 | $0 |
| Aaron Rosen | Trustee Trustee or director | 1 | $0 | $0 |
| Elizabeth Ross | Trustee Trustee or director | 1 | $0 | $0 |
| Deborah Rozeboom | Trustee Trustee or director | 1 | $0 | $0 |
| Matthew Stein | Trustee Trustee or director | 1 | $0 | $0 |
| Dan Tilton | Trustee Trustee or director | 1 | $0 | $0 |
| Eric Thompson | Trustee Trustee or director | 1 | $0 | $0 |
| Erik Updyke | Trustee Trustee or director | 1 | $0 | $0 |
| Craig Weaver | Trustee Trustee or director | 1 | $0 | $0 |
| Joo Ohk Yi | Trustee Trustee or director | 1 | $0 | $0 |
| Tania Carnrick | Past Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Gregg Newhouse | Past Trustee Trustee or director | 1 | $0 | $0 |
| Jason Cummings | Past Trustee Trustee or director | 1 | $0 | $0 |
| Norbert Young | Past Trustee Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 31 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| David Pearson | Head of School Officer | 40 | $91,000 | $31,965 |
| Daniel Welch | Chief Financial Officer Officer | 40 | $93,049 | $10,461 |
| Winn Price | Past Head of School Officer | 40 | $85,000 | $0 |
| Michael Dow | Board President Trustee or director, Officer | 5 | $0 | $0 |
| Kyle Holmstrom | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Timothy Archibald | Trustee Trustee or director | 1 | $0 | $0 |
| Robert Bryant | Trustee Trustee or director | 1 | $0 | $0 |
| Allen Dyer | Trustee Trustee or director | 1 | $0 | $0 |
| Jethro Ferguson | Trustee Trustee or director | 1 | $0 | $0 |
| Lewis Fitts III | Trustee Trustee or director | 1 | $0 | $0 |
| Natalia Hall | Trustee Trustee or director | 1 | $0 | $0 |
| Mitchell Hallee | Trustee Trustee or director | 1 | $0 | $0 |
| Kristy Hapworth | Trustee Trustee or director | 1 | $0 | $0 |
| Frank Haseltine | Trustee Trustee or director | 1 | $0 | $0 |
| Gregg Newhouse | Trustee Trustee or director | 1 | $0 | $0 |
| Peg Olson | Trustee Trustee or director | 1 | $0 | $0 |
| Charmaine Patel | Trustee Trustee or director | 1 | $0 | $0 |
| Paul Pietranico | Trustee Trustee or director | 1 | $0 | $0 |
| Debra Pronovost | Trustee Trustee or director | 1 | $0 | $0 |
| Aaron Rosen | Trustee Trustee or director | 1 | $0 | $0 |
| Deborah Rozeboom | Trustee Trustee or director | 1 | $0 | $0 |
| Matthew Stein | Trustee Trustee or director | 1 | $0 | $0 |
| Tina Tang | Trustee Trustee or director | 1 | $0 | $0 |
| Dan Tilton | Trustee Trustee or director | 1 | $0 | $0 |
| Eric Thompson | Trustee Trustee or director | 1 | $0 | $0 |
| Erik Updyke | Trustee Trustee or director | 1 | $0 | $0 |
| Craig Weaver | Trustee Trustee or director | 1 | $0 | $0 |
| Joo Ohk Yi | Trustee Trustee or director | 1 | $0 | $0 |
| Norbert Young | Trustee/Past President Trustee or director, Officer | 5 | $0 | $0 |
| Tania Carnrick | Past Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Jason Cummings | Past Trustee Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 295 MAIN ST, PITTSFIELD, ME 04967-4502
- Principal officer (990 for 2024)
- David Pearson, 295 Main Street, Pittsfield, ME 04967
- Signed the 990
- Jerilyn Underhill, Chief Financial Officer
- Phone
- (207) 487-4454
- Website
- www.mci-school.org
- Return prepared by
- Berry Dunn McNeil & Parker LLC
Mission
MCI will inspire students to lead ethical, purposeful, and happy lives as local and world citizens.
Program accomplishments
- Maine Central Institute offers high school programs in Pittsfield, Maine to Maine School Administrative District #53 (SAD #53), students attending from towns with school choice, students transferring from other districts and boarding students. Education and meals provided for approximately 288 students; housing is provided for approximately 56 students.Expenses $6,724,317 · grants $870,838 · revenue $8,279,111
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0212438
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1972
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B250)
- Assets (IRS master file)
- $30,456,955
- Income (IRS master file)
- $9,616,649
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $9,616,649 | $10,251,140 | $30,456,955 | IRS |
| 990 | June 2024 | $11,984,432 | $11,419,757 | $26,489,958 | IRS |
| 990 | June 2023 | $14,107,482 | $11,080,993 | $27,313,644 | XML |
| 990 | June 2022 | $11,684,764 | $10,054,000 | $28,801,582 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0212438).
Questions about MAINE CENTRAL INSTITUTE
- What is the EIN of MAINE CENTRAL INSTITUTE?
- The employer identification number (EIN) of MAINE CENTRAL INSTITUTE is 01-0212438.
- Is MAINE CENTRAL INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to MAINE CENTRAL INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MAINE CENTRAL INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MAINE CENTRAL INSTITUTE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MAINE CENTRAL INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MAINE CENTRAL INSTITUTE?
- The 990 for the year ended June 30, 2025 names David Pearson.
- Who are the officers and directors of MAINE CENTRAL INSTITUTE?
- The 990 for the year ended June 30, 2025 lists 27 people; 2 received compensation from the organization, the highest $218,417 (David Pearson, Head of School).
- How much revenue does MAINE CENTRAL INSTITUTE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $9,616,649, expenses of $10,251,140 and total assets of $30,456,955 at year end.
Other nonprofits in PITTSFIELD
- AWAKE ARISE AND TRIUMPH MINISTRIES EIN 20-8965301 · last filed 990-EZ for 2025
- PARENT BOOSTER USA INC EIN 46-0895187 · last filed 990-N for 2025
- FRIENDS OF THE PITTSFIELD LIBRARY EIN 90-0353986 · last filed 990-N for 2025
- MAINE SCHOOL COUNSELOR ASSOC EIN 01-0530491 · last filed 990-N for 2025
- CIANBRO CHARITABLE FOUNDATION EIN 22-3020020 · last filed 990-PF for 2025
- BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE USA EIN 01-0442435 · last filed 990-EZ for 2026
- BIJOU THEATRE AND ENRICHMENT CENTER EIN 84-4291868 · last filed 990-EZ for 2025
- PINNACLE SKI CLUB OF PITTSFIELD MAINE INC EIN 61-1937512 · last filed 990 for 2025