Coastal Healthcare Alliance
- Assets
- $0.0
- Revenue
- $890.5k
- Investments
- $0.0
- Employees
- 24
- Location
- Belfast, ME
- Founding
- Data as of
- 01/2019
- EIN
- 22-2494475
Organization Overview
Coastal Healthcare Alliance is located in Belfast, ME. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2018, Coastal Healthcare Alliance employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Healthcare Alliance 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 01/2019, Coastal Healthcare Alliance generated $890.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (41.0%) each year. All expenses for the organization totaled $883.4k during the year ending 01/2019. As we would expect to see with falling revenues, expenses have declined by (41.1%) per year over the past 4 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
COASTAL HEALTHCARE ALLIANCE IS A COMMUNITY HEALTHCARE SYSTEM DEDICATED TO CARING FOR THE SICK AND INJURED AND TO IMPROVING THE HEALTH AND QUALITY OF LIFE OF THE PEOPLE OF MID-COAST MAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COASTAL HEALTHCARE ALLIANCE (CHA) WAS FORMED IN 2015 WHEN WALDO COUNTY HEALTHCARE, INC. MERGED INTO PEN BAY HEALTHCARE AND WAS RENAMED COASTAL HEALTHCARE ALLIANCE (CHA). CHA IS A COMMUNITY HEALTH CARE SYSTEM DEDICATED TO CARING FOR THE SICK AND INJURED AND TO IMPROVING THE HEALTH AND QUALITY OF LIFE OF THE PEOPLE OF MID-COAST MAINE. CHA PROVIDES SUPPORT SERVICES TO SEVERAL OF ITS AFFILIATES INCLUDING WALDO COUNTY GENERAL HOSPITAL, COASTAL MEDICAL CARE, WALDO COUNTY HEALTHCARE MANAGEMENT COMPANY, PENOBSCOT BAY MEDICAL CENTER, QUARRY HILL AND PEN BAY WALDO HEALTHCARE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor G Willmann VP Of Development | 50 | $159,853 | |
Carole Brand Vice President | OfficerTrustee | 1 | $0 |
Lee Woodward Jr President | OfficerTrustee | 1 | $0 |
Stephen Hanscom Secretary | OfficerTrustee | 1 | $0 |
David Flanagan Treasurer | OfficerTrustee | 1 | $0 |
Mark Fourre MD CEO | Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $81,182 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,182 |
| Total Program Service Revenue | $691,191 |
| Investment income | $102,024 |
| 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 | $890,492 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $309,441 |
| Pension plan accruals and contributions | $8,044 |
| Other employee benefits | $100,679 |
| Payroll taxes | $19,863 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,100 |
| Fees for services: Accounting | $107,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,877 |
| Advertising and promotion | $20,523 |
| Office expenses | $29,068 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $852 |
| Travel | $9,276 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,776 |
| Insurance | $8,218 |
| All other expenses | $3,593 |
| Total functional expenses | $883,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Endowment Analysis
| Beg. Balance | $112,552 |
| Earnings | -$9,159 |
| Other Expense | $103,393 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cheshire Health Foundation Keene, NH | $78,781,807 | $12,306,567 |
Concord Hospital Trust Concord, NH | $67,334,634 | $6,367,330 |
Capital Region Health Care Development Corporation Concord, NH | $21,495,479 | $4,517,739 |
Mmc Realty Corp Portland, ME | $43,663,674 | $5,719,456 |
Foundation For Seacoast Health Portsmouth, NH | $39,490,341 | $5,481,063 |
Elliot Health System Prof & Gen Liab Ins Trust Manchester, NH | $4,832,857 | $1,446,680 |
Wentworth-Douglass Health System Dover, NH | $5,216,380 | $1,462,327 |
Kennebec Valley Dental Coalition Inc Oakland, ME | $1,717,032 | $1,311,335 |
Rangeley Region Health & Wellness Partnership Rangeley, ME | $4,090,002 | $1,435,313 |
Womens Board Of The Maine Medical Center Portland, ME | $689,607 | $1,022,806 |
Coastal Healthcare Alliance Belfast, ME | $0 | $890,492 |
Weathervane Seafoods Health And Welfare Tr Kittery, ME | $126,820 | $367,280 |