Down East Community Hospital
- Assets
- $56.3m
- Revenue
- $63.0m
- Investments
- $0.0
- Employees
- 418
- Location
- Machias, ME
- Founding
- 09/1966
- Data as of
- 12/2021
- EIN
- 01-0263198
Organization Overview
Down East Community Hospital is located in Machias, ME. The organization was established in 1966. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Down East Community Hospital employed 418 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Down East Community Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Down East Community Hospital generated $63.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $52.0m during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ACUTE CARE CRITICAL ACCESS HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
SURGICAL SERVICES TO INPATIENTS AND OUTPATIENTS, TOTALING 2,553 SURGERIES.
CARE FOR MEDICAL/SURGICAL UNIT PATIENTS. UNIT PROVIDED CARE TO 782 ADMISSIONS FOR 2,542 PATIENT DAYS & 20 SWING BED ADMISSIONS FOR 203 SWING BED DAYS.
IMAGING SERVICES TO INPATIENTS AND OUTPATIENTS. 18,265 RADIOLOGICAL EXAMS WERE PROVIDED TO INPATIENTS AND OUTPATIENTS.
VARIOUS OTHER MEDICAL SERVICES SUPPLIED TO PATIENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aziz Massaad MD Former Trustee | 60 | $1,022,625 | |
Rita Ten MD Trustee | Trustee | 38.5 | $514,986 |
Stephen Madigan Physician | 40 | $465,924 | |
Kara Dwight Physician | 40 | $434,874 | |
Elaine Mau Physician | 30 | $416,551 | |
Christian Inegbenijie MD Trustee | Trustee | 38.5 | $406,310 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wk Construction & Sons Construction Services | 12/30/21 | $1,718,867 |
Emcare Physician Services Physician Services | 12/30/21 | $2,396,851 |
Nickerson & O'day Construction Services | 12/30/21 | $701,106 |
Trane Construction Services | 12/30/21 | $899,585 |
Down East Medical Associates Physician Services | 12/30/21 | $1,022,625 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,559,397 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,117 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,781,514 |
| Total Program Service Revenue | $54,899,680 |
| Investment income | $213,906 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $119,452 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,014,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,643,541 |
| Compensation of current officers, directors, key employees. | $654,381 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,433,035 |
| Pension plan accruals and contributions | $949,583 |
| Other employee benefits | $4,156,043 |
| Payroll taxes | $1,362,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $323,777 |
| Fees for services: Accounting | $51,357 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,548,541 |
| Advertising and promotion | $89,441 |
| Office expenses | $242,814 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,960,484 |
| Travel | $32,040 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $300,009 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,687,435 |
| Insurance | $931,569 |
| All other expenses | $0 |
| Total functional expenses | $52,040,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,587 |
| Savings and temporary cash investments | $25,966,212 |
| Pledges and grants receivable | $12,601 |
| Accounts receivable, net | $4,175,341 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $706,919 |
| Prepaid expenses and deferred charges | $481,962 |
| Net Land, buildings, and equipment | $21,060,530 |
| Investments—publicly traded securities | $3,873,818 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $56,278,970 |
| Accounts payable and accrued expenses | $5,021,673 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $10,181,774 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,842,887 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,317,483 |
| Total liabilities | $26,363,817 |
| Net assets without donor restrictions | $28,225,141 |
| Net assets with donor restrictions | $1,690,012 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $56,278,970 |
Grants Awarded
Over the last fiscal year, Down East Community Hospital has awarded $38,542 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Milbridge, ME PURPOSE: To support the Womens' Health Resource Library. | $29,855 |
Machias, ME PURPOSE: Organizational Support | $8,687 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Down East Community Hospital has recieved totaling $5,719.
| Awarding Organization | Amount |
|---|---|
Stella A Mceacharn Trust Uw 050680 Fbo Charities Merrill Trust Co Tr Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $5,701 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $18 |
Endowment Analysis
| Beg. Balance | $3,656,720 |
| Earnings | $537,207 |
| Admin Expense | $27,115 |
| Ending Balance | $4,166,812 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Littleton Hospital Association Littleton, NH | $118,195,564 | $100,362,959 |
Monadnock Community Hospital Peterborough, NH | $175,868,092 | $101,127,836 |
Maine Coast Regional Health Facilities Ellsworth, ME | $64,403,049 | $81,449,460 |
Memorial Hospital North Conway, NH | $121,250,571 | $92,264,207 |
Huggins Hospital Wolfeboro, NH | $178,261,759 | $92,166,408 |
Mount Desert Island Hospital Bar Harbor, ME | $84,300,625 | $94,579,483 |
Alice Peck Day Memorial Hospital Lebanon, NH | $121,000,117 | $84,355,521 |
Speare Memorial Hospital Plymouth, NH | $103,298,307 | $78,325,414 |
Androscoggin Valley Hospital Inc Berlin, NH | $96,834,885 | $76,927,619 |
The New London Hospital Association Inc New London, NH | $104,740,465 | $65,376,393 |
Weeks Medical Center Lancaster, NH | $93,203,469 | $69,251,055 |
Mid Coast Hospital Brunswick, ME | $0 | $59,625,535 |