Rumford Community Home Corporation
- Assets
- $5.2m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 150
- Location
- Rumford, ME
- Founding
- 07/1988
- Data as of
- 06/2021
- EIN
- 22-2844951
Organization Overview
Rumford Community Home Corporation is located in Rumford, ME. The organization was established in 1988. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2021, Rumford Community Home Corporation employed 150 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rumford Community Home Corporation 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 06/2021, Rumford Community Home Corporation generated $5.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $5.4m during the year ending 06/2021. While expenses have increased by 3.1% per year over the past 6 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
RUMFORD COMMUNITY HOME STRIVES TO PROVIDE ITS RESIDENTS A QUALITY LIFE BY PROVIDING EXCEPTIONAL CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
RUMFORD COMMUNITY HOME CORPORATION PROVIDES SKILLED NURSING CARE TO RESIDENTS OF THE CENTRAL MAINE REGION. ITS 85 BEDS ALSO INCLUDE REHABILITATION, RESIDENTIAL CARE, LONG TERM CARE, AND A SPECIALIZED SECTION FOR ALZHEIMER'S CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Whitlock Treasurer End 6/21 | OfficerTrustee | 3 | $0 |
Peter J Wright President And Ex-Officio Director | OfficerTrustee | 3 | $0 |
Steven Littleson President Cmmc/cmhcc | Officer | 3 | $0 |
Cory Bagby Secretary | Officer | 3 | $0 |
Richard Lovejoy Chair | Trustee | 1 | $0 |
Barbara Belanger Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $160,479 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,949 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $169,428 |
| Total Program Service Revenue | $5,244,546 |
| Investment income | -$6,448 |
| 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 | $5,423,127 |
| 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 | $3,108,382 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $332,493 |
| Payroll taxes | $240,806 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,107 |
| Fees for services: Accounting | $9,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $285,945 |
| Advertising and promotion | $917 |
| Office expenses | $20,508 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $142,489 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,072 |
| Interest | $49,177 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,928 |
| Insurance | $14,116 |
| All other expenses | $52,398 |
| Total functional expenses | $5,354,991 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,058,521 |
| Savings and temporary cash investments | $494,869 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $390,416 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $10,361 |
| Prepaid expenses and deferred charges | $132,042 |
| Net Land, buildings, and equipment | $593,808 |
| Investments—publicly traded securities | $212,439 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $311,011 |
| Total assets | $5,203,467 |
| Accounts payable and accrued expenses | $865,900 |
| Grants payable | $0 |
| Deferred revenue | $139,014 |
| Tax-exempt bond liabilities | $1,710,918 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | -$101,695 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,614,137 |
| Net assets without donor restrictions | $2,591,629 |
| Net assets with donor restrictions | -$2,299 |
| 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 | $5,203,467 |
Endowment Analysis
| Beg. Balance | $7,660 |
| Net Contributions | $1,993 |
| Other Expense | $7,265 |
| Ending Balance | $2,388 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cedars Nursing Care Center Inc Portland, ME | $48,978,261 | $12,452,780 |
Saint Josephs Manor Portland, ME | $7,806,852 | $12,186,312 |
Jha Services Inc Portland, ME | $8,579,539 | $14,615,919 |
Salemhaven Inc Salem, NH | $10,755,688 | $12,544,295 |
Quarry Hill Belfast, ME | $16,044,007 | $10,837,530 |
Lincolnhealth Coves Edge Damariscotta, ME | $9,929,778 | $12,022,430 |
Morrison Hospital Association Whitefield, NH | $30,208,947 | $12,290,092 |
St Andre Health Care Facility Biddeford, ME | $6,597,433 | $11,093,505 |
Wentworth Senior Living Portsmouth, NH | $18,229,591 | $8,131,097 |
Island Nursing Home Inc Deer Isle, ME | $4,961,696 | $5,993,790 |
Rumford Community Home Corporation Rumford, ME | $5,203,467 | $5,423,127 |
Bangor Nursing & Rehabilitation Center Bangor, ME | $3,163,906 | $2,901,288 |