Maine Dental Service Corporation

The Maine Dental Service Corporation is a nonprofit organization designated as a civic league, social welfare organization, and local association of employees. It was tax-exempt since July 1970[1]. Despite its charitable mission, donations to this organization are not tax-deductible[1].

Purpose and Operations

Maine Dental Service Corporation, operating under the name Delta Dental Plan of Maine, focuses on providing dental insurance benefits. The organization engages in the processing and payment of claims for dental benefits to various groups, including large and small businesses, as well as individuals and families[3]. The company offers dental service-related benefits up to a maximum amount per covered individual, as specified by the various programs it administers[2].

Financial Overview

The corporation's revenue primarily comes from program services, which account for a significant percentage of its total revenue. In recent years, contributions have been nonexistent, while investment income and sales of assets contribute smaller portions to its total revenue[1]. For example, in a recent fiscal year, program services accounted for approximately 96.4% of its revenue[1]. The organization also holds substantial assets, with total assets reported to be around $83 million in recent filings[1].

Governance and Structure

The organization is part of a broader network involving other Delta Dental plans. In 2009, it joined forces with similar entities to form Red Tree Holdings, Inc., a holding company aimed at pursuing investment opportunities[2]. Despite this structure, there is no recorded information about the board members of Maine Dental Service Corporation[3].

Grants and Community Engagement

In 2023, the organization provided $1,000,500 in grants, showcasing its commitment to community welfare initiatives[5]. However, specific details about these grants and the recipients are not widely disclosed.

Tax Status and Recognition

While not eligible for tax-deductible donations, the organization remains a vital part of the healthcare infrastructure in Maine by providing dental benefits to various segments of the population. Its operations are examined regularly by state insurance bureaus to ensure compliance with financial and operational standards[2].