Martins Point Generations Advantage Inc
Revenue
$745.8m
year to 31 December 2024
Expenses
$805.6m
year to 31 December 2024
Total assets
$221.8m
$126.7m liabilities
Net assets
$95.1m
assets less liabilities
Directors and trustees
10
6.7 years on average
Staff
0
employees, year to 31 December 2024
Chair observed
≥6 yrs
Edward S McKersie
Left since last filing
0
no seats appear to have opened
Martins Point Generations Advantage Inc's network
10 people6 organisationsi10 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (10). Violet dotted lines (15) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
10 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 10 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Edward S McKersie Chair | Chair (end 9/2024)/Treasurer | 2018 | 8 yrs |
| Barbara E Trethaway JD | Board Member | 2018 | 8 yrs |
| Bradford A Hunter | Treasurer (end 9/2024)/Vice Chair | 2020 | 6 yrs |
| Cathleen Morrow MD | Board Member | 2018 | 8 yrs |
| George J Isham MD Ms | Board Member | 2019 | 7 yrs |
| John Fitzsimmons | Board Member | 2021 | 5 yrs |
| Kathryn Rand | Vice Chair (end 9/2024)/Chair | 2019 | 7 yrs |
| Paul F Kasuba MD | President & CEO | 2018 | 8 yrs |
| Steve Decastro | Board Member | 2022 | 4 yrs |
| Umesh Kurpad | Board Member (start 9/2024) | 2024 | 2 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
5 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Amanda Jackson | Chief Financial Officer | since 2020 |
| Daniel B Chojnowski | Chief Financial Officer (end 5/19) | since 2018 |
| David Currier Esq | Board Secretary | since 2018 |
| David E Currier Esq | Company secretary | since 2021 |
| Jeffrey Brown | CIO, Interim CFO | since 2019 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Steve deCastro | Board Member | 0.5 | $0 | $30k | |
| John Fitzsimmons | Board Member | 0.5 | $0 | $30k | |
| George J Isham MD MS | Board Member | 0.5 | $0 | $38k | |
| Umesh Kurpad | Board Member (start 9/2024) | 0.5 | $0 | $15k | $2k |
| Cathleen Morrow MD | Board Member | 0.5 | $0 | $33k | $675 |
| Barbara E Trethaway JD | Board Member | 0.5 | $0 | $40k | $2k |
| Edward S McKersie | Chair (end 9/2024)/Treasurer | 0.5 | $0 | $48k | $1k |
| Kathryn Rand | Vice Chair (end 9/2024)/Chair | 0.5 | $0 | $43k | $2k |
| Bradford A Hunter | Treasurer (end 9/2024)/Vice Chair | 0.5 | $0 | $40k | |
| Paul F Kasuba MD | President & CEO | 9 | $0 | $1.1m | $254k |
| David E Currier | Secretary | 0.5 | $0 | $48k | |
| Amanda Jackson | Chief Financial Officer | 9 | $0 | $545k | $120k |
| David H Howes MD | Former President & CEO | 0 | $0 | $184k |
About
- Legal name
- Martins Point Generations Advantage Inc
- EIN
- 474682941
- Address
- 331 Veranda St, Portland, ME, 04103-5535
- State
- Maine
- Mission
- The mission of Martin's Point Generations Advantage, Inc. is to support the mission of its Parent, Martin's Point Health Care, Inc., which is to create a healthier community through authentic relationships built on trust. (as filed on the Form 990)
- Activity (NTEE)
- E99 Health care
- IRS classification
- 501(c)04 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Health Care
- Size band
- 9 (IRS master file code)
- Formed
- 2015
- Principal officer
- Paul F Kasuba MD (as named on the Form 990)
- IRS ruling date
- 1 February 2016
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- EO
Most connected
Related organisations (Schedule R)
Longest observed on the filings
≥8years on the filingsEdward S McKersie
≥8years on the filingsBarbara E Trethaway JD
≥8years on the filingsCathleen Morrow MD
≥8years on the filingsPaul F Kasuba MD
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $221.8m
- Total liabilities
- $126.7m
- Net assets or fund balances
- $95.1m
- Contributions and grants received
- $0
- Program service revenue
- $737m
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $745.8m | $805.6m | Deficit $59.8m |
As filed on the IRS Form 990. US dollars.