Maine Coast Medical Realty Inc
- Assets
- $28.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ellsworth, ME
- Founding
- 06/1991
- Data as of
- 09/2021
- EIN
- 01-0390918
Organization Overview
Maine Coast Medical Realty Inc is located in Ellsworth, ME. The organization was established in 1991. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Coast Medical Realty Inc 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 09/2021, Maine Coast Medical Realty Inc generated $145.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $155.5k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (9.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
HOLD TITLE TO, AND COLLECT RENTAL INCOME FROM, REAL PROPERTY DEVOTED TO THE CHARITABLE PURPOSES OF MAINE COAST REGIONAL HEALTH FACILITIES D/B/A NORTHERN LIGHT MAINE COAST HOSPITAL AND THEIR RELATED PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Gray Director/chair | 0.5 | $0 | |
Glenn Martin Secretary | 0.5 | $0 | |
Sally J Hutchins Director/vchair | 0.5 | $0 | |
John Ronan President | 0.5 | $0 | |
Timothy Dentry Dir/nlh CEO | 0.5 | $0 | |
Kathy Corey Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $145,279 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $145,279 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,046 |
| Occupancy, rent, utilities, and maintenance | $136,465 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,977 |
| Total expenses | $155,488 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,472 |
| Other assets | $0 |
| Total assets | $28,370 |
| Total liabilities | $522,529 |
| Net assets or fund balances | -$494,159 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Catholic Medical Center Physicians Practice Associates Manchester, NH | $724,337 | $16,272,963 |