Independence Association Inc

Human services organization based in Brunswick, ME. 199 employees. Exempt under §501(c)(3).

MissionINDEPENDENCE ASSOCIATION ASSISTS ADULTS AND CHILDREN WITH DEVELOPMENTAL DISABILITIES IN OBTAINING A FULL AND INCLUSIVE LIFE IN THEIR CHOSEN COMMUNITY. IT PROVIDES AN ARRAY OF RESIDENTIAL SUPPORT OPTIONS, EMPLOYMENT SERVICES, IN-HOME SUPPORT AND CASE MANAGEMENT SERVICES AS WELL AS

Financial snapshot · TY 2023

$11.5M
Total revenue
$11.3M
Total expenses
$10.4M
Net assets

Financial health · TY 2023

62
Moderate financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
42
7.5 months of expenses
Program efficiency
99
89.5% spent on programs
Revenue diversity
31
Mix of program fees, grants & contributions

Leadership compensation

Ray Nagel
EXECUTIVE DIRECTOR
$105,366
8th percentile vs. peers

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