New England Life Care Inc

Other · Scarborough, Maine

45 Center Street Suite A, Scarborough, ME 04074-6503

EIN: 223195337· Founded: Jun 1994· 32 years active· Filing Year: 2023

Annual Revenue

$130.4M

Total Expenses

$135.7M

Total Assets

$58.4M

Program Spending

96%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$885K

0.7% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$38.8M

Total Payroll

$39.7M

29% of total expenses

Where the Money Goes

96%

Programs: 96%

Payroll: 29%

Other overhead: 4%

Program Revenue$129.9M (100%)

Total Expenses$135.7M (100%)

Payroll$39.7M (29%)

Overhead (non-program)4%

Trust Score Breakdown

Program Spending Ratio

96% of expenses go to programs

40%

Revenue & Stability

$130.4M annual revenue

15%

Executive Compensation

$885K total officer comp (0.7% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$58.4M in assets

10%

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Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.