Houlton Regional Hospital

Organization Overview

Houlton Regional Hospital is located in Houlton, ME. The organization was established in 1973. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Houlton Regional Hospital employed 442 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houlton Regional Hospital 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 09/2020, Houlton Regional Hospital generated $48.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $47.8m during the year ending 09/2020. While expenses have increased by 0.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

HOULTON REGIONAL HOSPITAL'S PURPOSE IS TO PROVIDE SAFE, COMPASSIONATE, QUALITY, COST EFFECTIVE CARE TO THE COMMUNITIES WE SERVE. WE ARE DEDICATED TO IMPROVING THE HEALTH STATUS OF THOSE WE SUPPORT THROUGH EDUCATION, TREATMENT AND REHABILITATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVISION OF HEALTH CARE SERVICES IN RURAL MAINE. DURING THE FISCAL YEAR ENDED 9/30/21, 1,099 PEOPLE HAD AN INPATIENT STAY (INCLUDING SWING BEDS); 86,623 OUTPATIENT SERVICES WERE RENDERED; 8,804 PEOPLE WERE SERVED IN THE EMERGENCY ROOM. OF THESE SERVICES, 55 ACCOUNTS (REPRESENTING 14 PEOPLE AND $89,495) WERE WRITTEN OFF AS CHARITY CARE.


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Board, Officers & Key Employees

Name (title)Compensation
Hassan E Abouleish MD
Vice President
$460,200
Eric Rau
Gen Surgeon
$415,545
Jennifer Cavalari
Hospitalist
$342,719
Shawn D Anderson
CEO
$312,936
Kimberly Mays-De-Perez
Ob/gyn Physician
$274,966
Solomon Olabiyi MD
Director
$250,996

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Blue Water Emergency Partners Llc
Emergency Physicians
$3,272,177
Houlton Internal Medicine Pa
Internal Medicine
$598,250
Arundel Internal Medicine Pc
Hospitalist Svcs
$525,128
Internal Medicine Of Houlton
Internal Medicine
$460,200
John C Russell Md
Urologist
$430,356
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,678,380
Investment income $142,541
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $189,890
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $48,441,740

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Houlton Regional Hospital has recieved totaling $115,080.

Awarding OrganizationAmount
$115,080
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$203,049
Earnings$50,445
Admin Expense$455
Ending Balance$253,039

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