Maine Health Access Foundation Inc
- Assets
- $148.9m
- Revenue
- $15.4m
- Investments
- $147.3m
- Employees
- 0
- Location
- Augusta, ME
- Founding
- 04/2001
- Data as of
- 12/2021
- EIN
- 01-0535144
Organization Overview
Maine Health Access Foundation Inc is located in Augusta, ME. The organization was established in 2001. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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 Health Access Foundation 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 12/2021, Maine Health Access Foundation Inc generated $15.4m in total revenue. All expenses for the organization totaled $9.5m during the year ending 12/2021. While expenses have increased by 9.8% per year over the past 3 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.
Since 2020, Maine Health Access Foundation Inc has awarded 673 individual grants totaling $34,825,226. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOVA FUND: IN JANUARY 2023, MEHAF RECEIVED AN UNSOLICITED GIFT OF JUST OVER $9 MILLION GIVEN BY PHILANTHROPIST MACKENZIE SCOTT. MEHAF'S BOARD APPROVED SPENDING OF THE FUNDS WITHIN 3 - 5 YEARS OF RECEIPT. THE PROCEEDS OF THE GIFT HAVE BEEN NAMED THE NOVA FUND. IN MARCH 2023, A RAPID PLANNING PROCESS WITH THE BOARD, COMMUNITY ADVISORY COMMITTEE, AND STAFF YIELDED A HIGH-LEVEL PLAN FOR ALLOCATION OF THE FUNDS TO THE FOLLOWING CATEGORIES: HEALTH JUSTICE MOVEMENT BUILDING; HEALTH CARE WORKFORCE; FISCAL SUPPORT STRATEGIES FOR SMALL HEALTH-FOCUSED NONPROFITS; CRISIS RESPONSE; INCREASED FUNDING FOR CURRENT/RECENT PRIORITIES; BIG IDEAS. DURING 2023, BEYOND GRANTS MADE TO CURRENT/RECENT PRIORITIES THAT ARE REFLECTED ELSEWHERE IN THIS TAX RETURN, A MULTI-DAY PLANNING RETREAT WAS HELD TO BEGIN PLANNING FOR HEALTH JUSTICE MOVEMENT BUILDING.
HEALTH EQUITY CAPACITY BUILDING: STAFF, CONSULTANT, AND EVALUATOR SUPPORT TO IMPLEMENT THE HEALTH EQUITY CAPACITY BUILDING PROGRAM, WHICH FOCUSES ON COMMUNITY-LED ORGANIZATIONS LED BY AND ADDRESSING THE HEALTH AND HEALTH CARE NEEDS OF POPULATIONS THAT EXPERIENCE INEQUITABLE BURDENS AND DISPARITIES. INCLUDES GRANTEE-DETERMINED TECHNICAL ASSISTANCE AND SUPPORT TO COMPLEMENT GRANT FUNDS.
RESPONSIVE GRANTS PROGRAMS - COMMUNITY RESPONSIVE GRANTS AND SYSTEMS IMPROVEMENT AND INNOVATION GRANTS: STAFF AND CONSULTANT EXPENSES TO SUPPORT TWO OPEN COMPETITIVE GRANTS PROGRAMS THAT SEEK TO CENTER COMMUNITY-IDENTIFIED HEALTH AND HEALTH CARE ACCESS NEEDS AND COMMUNITY-LED SOLUTIONS. SUPPORT INCLUDES TECHNICAL ASSISTANCE AND PROGRAM EVALUATION.
HEALTH ADVOCACY: STAFF AND CONSULTANT (EVALUATION AND PLANNING/FACILITATION) EXPENSES TO IMPLEMENT THIS PROGRAM THAT SUPPORTS KEY ADVOCACY ORGANIZATIONS THAT REPRESENT HEALTH CARE AND HEALTH ISSUES AND POPULATIONS THAT ARE MEHAF PRIORITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Leonard President & CEO | 40 | $229,933 | |
Toho Soma MPH Chair | 4 | $700 | |
Christy Daggett Mpp Trustee (start 4/2023) | 3 | $400 | |
Tracey Hair Trustee (start 4/2023) | 2 | $200 | |
Elizabeth Bordowitz Trustee | 3 | $0 | |
Barbara Crider Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Silchester International Investors | 12/30/23 | $199,110 |
Principle Group | 12/30/23 | $131,797 |
Partnerships For Health | 12/30/23 | $111,313 |
Prime Buchholz Llc | 12/30/23 | $93,449 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $18,500 |
| Interest on Savings | $262 |
| Dividends & Interest | $1,214,910 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,157,347 |
| Capital Gain Net Income | $14,157,347 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $21,604 |
| Total Revenue | $15,412,623 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $240,048 |
| Other employee salaries and wages | $677,175 |
| Pension plans, employee benefits | $257,498 |
| Interest | $0 |
| Taxes | $80,000 |
| Depreciation | $14,713 |
| Occupancy | $110,260 |
| Travel, conferences, and meetings | $10,701 |
| Printing and publications | $24,356 |
| Other expenses | $1,045,261 |
| Total operating and administrative expenses | $2,498,868 |
| Contributions, gifts, grants paid | $7,015,909 |
| Total expenses and disbursements | $9,514,777 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,975 |
| Savings and temporary cash investments | $1,271,258 |
| Net Accounts receivable | $5,000 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $77,947 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $147,306,291 |
| Net Land, buildings, and equipment | $32,468 |
| Other assets | $170,000 |
| Total assets | $148,903,939 |
| Accounts payable and accrued expenses | $36,123 |
| Grants payable | $3,012,595 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $60,000 |
| Total liabilities | $3,108,718 |
Grants Awarded
Over the last fiscal year, Maine Health Access Foundation Inc has awarded $11,624,320 in support to 178 organizations.
| Grant Recipient | Amount |
|---|---|
AARP FOUNDATION PURPOSE: HEALTH ADVOCACY; NOVA GRANT | $50,000 |
ACLU OF MAINE FOUNDATION PURPOSE: HEALTH ADVOCACY; NOVA GRANT | $50,000 |
AMISTAD INC (DBA COMMONSPACE) PURPOSE: HEALTH EQUITY CAPACITY; WOMEN'S SUD; OD & INFECTION INITIATIVE | $129,000 |
AN ANGEL'S WING INC PURPOSE: DESIGNATED CHARITABLE GIFT | $1,800 |
AROOSTOOK AREA AGENCY ON AGING INC PURPOSE: PUBLIC HEALTH EMERGENCY RESPONSE | $15,000 |
AROOSTOOK COUNTY ACTION PROGRAM INC PURPOSE: PUBLIC HEALTH EMERGENCY UNWINDING | $15,000 |