Sacopee Valley Health Center
- Assets
- $6.8m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 108
- Location
- Porter, ME
- Founding
- 03/1976
- Data as of
- 05/2023
- EIN
- 01-0347381
Organization Overview
Sacopee Valley Health Center is located in Porter, ME. The organization was established in 1976. As of 05/2023, Sacopee Valley Health Center employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacopee Valley Health Center 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 05/2023, Sacopee Valley Health Center generated $9.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $8.9m during the year ending 05/2023. While expenses have increased by 8.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING THE BEST HEALTHCARE FOR OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING MEDICAL SERVICES ON A SLIDING SCALE FEE BASIS IN A RURAL, MEDICALLY UNDERSERVED AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Watson Ingram Board President | OfficerTrustee | 5 | $0 |
Douglas Kleinman Vice President | OfficerTrustee | 5 | $0 |
Betty Lawrence Secretary | OfficerTrustee | 5 | $0 |
Margaret Zack Treasurer | OfficerTrustee | 5 | $0 |
Kevin Ledue Board Member | Trustee | 5 | $0 |
Sean Petone Board Member | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Langford & Low Construction Contractor | 5/30/23 | $615,401 |
Daniel Bates Do Llc Medical Services | 5/30/23 | $139,725 |
Osis Computer Software Maintenance | 5/30/23 | $268,611 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,335,514 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,312 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,345,826 |
| Total Program Service Revenue | $5,075,871 |
| Investment income | $10,171 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,431,868 |
| 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. | $493,456 |
| Compensation of current officers, directors, key employees. | $493,456 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,416,334 |
| Pension plan accruals and contributions | $119,657 |
| Other employee benefits | $877,619 |
| Payroll taxes | $360,293 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,131 |
| Fees for services: Accounting | $42,582 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,111,260 |
| Advertising and promotion | $23,532 |
| Office expenses | $55,874 |
| Information technology | $3,083 |
| Royalties | $0 |
| Occupancy | $127,533 |
| Travel | $26,087 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $29,984 |
| Interest | $12,566 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $170,480 |
| Insurance | $34,586 |
| All other expenses | $0 |
| Total functional expenses | $8,917,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,905 |
| Savings and temporary cash investments | $1,220,325 |
| Pledges and grants receivable | $182,902 |
| Accounts receivable, net | $622,022 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $72,869 |
| Net Land, buildings, and equipment | $4,158,101 |
| Investments—publicly traded securities | $228,068 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $168,506 |
| Total assets | $6,757,698 |
| Accounts payable and accrued expenses | $968,303 |
| Grants payable | $0 |
| Deferred revenue | $1,693 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $321,055 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $168,506 |
| Total liabilities | $1,459,557 |
| Net assets without donor restrictions | $4,879,099 |
| Net assets with donor restrictions | $419,042 |
| 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 | $6,757,698 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bucksport Regional Health Center Bucksport, ME | $10,186,939 | $12,455,204 |
West Central Services Inc Lebanon, NH | $9,414,106 | $10,745,388 |
Sacopee Valley Health Center Porter, ME | $6,757,698 | $9,431,868 |
Maine Mobile Health Program Inc Augusta, ME | $999,617 | $2,415,079 |
Castine Community Hospital Castine, ME | $4,781,600 | $239,229 |
Richmond Area Helth Center Inc Richmond, ME | $510,341 | $100,945 |
Massabesic Lions Club Regional Medical Center Waterboro, ME | $168,340 | $0 |
Arnold Memorial Medical Building Society Jonesport, ME | $637,188 | $61,227 |