Overview
The University of Maine System (UMS), founded in 1968, stands as Maine's most prominent public higher education provider, functioning as the flagship educational network in the state. UMS is dedicated to teaching, research, economic development, and community service, establishing a broad cultural and educational impact statewide. Enrolling nearly 30,000 students annually, the system contributes significantly to the education and community service sectors, fostering the academic and professional development of Maine's residents.
Economic Impact
UMS has an impressive statewide economic impact of approximately $1.5 billion annually, achieving a return of $7.50 for every dollar received in state appropriations. The system includes roughly 120,000 alumni living in Maine, further amplifying its influence on the local economy. In the last fiscal year, UMS reinvested over $630 million into the Maine economy through various avenues such as payroll and procurement, underscoring its integral role in economic sustenance and growth.
Structure and Accreditation
The system encompasses seven universities, a law school, and 31 additional course locations, along with the University of Maine Cooperative Extension. Accredited by the New England Commission of Higher Education (NECHE), UMS is committed to maintaining high educational standards. A strategic plan drives the system's mission to expand educational access and enhance systemic benefits through unified accreditation.
Leadership and Key Personnel
- Dannel Malloy, as the Chancellor, spearheads initiatives to boost enrollment, retention, and innovation.
- Joan Ferrini-Mundy holds dual roles as President of the University of Maine and Vice Chancellor for Research and Innovation, leading a focused approach to research and graduate education.
- Ryan Low, the Vice Chancellor for Finance and Administration, ensures financial oversight for system efficiency.
- Paul Chan - General Counsel
- Carolyn McDonough - Director of Capital Planning and Project Management
- David Demers - Chief Information Officer
- Amie Parker - Senior Director HR and Institutional
- Gretchen Catlin - Chief Facilities & General Services Officer
- Rachel Piper - Executive Director, Strategic Procurement and Services
- Robin Sherman - Director, IT Project Management Office
- Steve Cousins - Interim Director
- April Strowbridge - Director of Payroll Operations
- Thomas Blanchard - Assistant Director, Capital Planning & Project Management
Strategic Initiatives and Challenges
The UMS Transforms initiative, supported by a historic $240 million endowment, aims to enhance educational and operational efficacy across the system. Although faced with challenges such as a temporary pause in USDA funding, UMS continues to focus on educational expansion and maintaining robust enrollment growth.
Programs and Facilities
UMS offers over 100 degrees and certificates via both onsite and online formats, emphasizing affordable tuition and advanced, interactive technology. Notable investments, including an $80 million grant from the Alfond Foundation, are directed towards improving athletic facilities, enhancing the overall student experience and engagement.
Financial and Employee Data
- Estimated Annual Revenue: $70.4 million
- Revenue per Employee: $225,000
- Total Number of Employees: 313
- Employee Growth: 1% (year-over-year)
Competitor Landscape
Main Competitors
- Imperial College London
- MIT
- Harvard University
Regional Competitors
- The City University of New York
- Saint Mary's College
- Loyola University New Orleans
Local Competitors
- Thornton Academy: $117M revenue, 520 employees
- John Bapst Memorial High School: $30.7M revenue, 155 employees
- Chewonki Foundation: $42M revenue, 212 employees
Industry and Market Position
UMS acts as a critical educational and economic force within Maine, offering research, development, and outreach services that serve communities and local enterprises. This comprehensive approach cements its role as a regional growth catalyst, contributing to heightened educational standards.
Recent Developments
UMS is maintaining stable tuition rates for in-state students in the forthcoming academic year, in line with its mission of accessibility to education. Chancellor Dannel Malloy's ongoing campus tours highlight his commitment to engaging directly with university faculties and addressing institutional needs.
The University's emphasis on affordable tuition, coupled with its expansive alumni network and diverse program offerings, fortifies its competitive edge in Maine and the broader Northeastern U.S. educational landscape.