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Nonprofiteer
← MAINEGENERAL HEALTH

Form 990 for tax year 2023

Filed by MAINEGENERAL HEALTH.

Totals

Total revenue
$14,559,310
Total expenses
$14,217,028
Contributions and grants received
$48,694
Grants paid
$283,937
Program service revenue
$13,741,763
Investment income
$768,853
Other revenue
$0
Total assets, end of year
$74,087,058
Total liabilities, end of year
$64,567,419
Net assets or fund balances, end of year
$9,519,639
Program services expenses (Part IX)
$3,218,074
Management and general expenses
$10,177,755
Fundraising expenses
$821,199
Program service expenses (Part III)
$3,218,074

Program services were 22.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $48,694

  • 2a · Program service revenue: Management Fee

    total $13,361,682 · related or exempt $13,361,682

  • 2b · Program service revenue: Other

    total $380,081 · related or exempt $380,081

  • 3 · Investment income

    total $491,308 · excluded $491,308

  • 7a · Gross sales of assets other than inventory

    securities $535,929

  • 7b · Less cost or other basis and sales expenses

    securities $258,384

  • 7c · Gain or loss

    securities $277,545

  • 7d · Net gain or loss

    total $277,545 · excluded $277,545

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $237,957 · program services $237,957

  • 2 · Grants to domestic individuals

    total $45,980 · program services $45,980

  • 5 · Compensation of officers, directors and key employees

    total $2,047,357 · management and general $2,047,357

  • 7 · Other salaries and wages

    total $7,497,040 · program services $2,174,488 · management and general $4,667,411 · fundraising $655,141

  • 8 · Pension plan contributions

    total $350,608 · program services $67,544 · management and general $222,025 · fundraising $61,039

  • 9 · Other employee benefits

    total $1,150,459 · program services $257,409 · management and general $846,127 · fundraising $46,923

  • 10 · Payroll taxes

    total $623,270 · program services $138,029 · management and general $453,713 · fundraising $31,528

  • 11b · Fees: legal

    total $33,900 · management and general $33,900

  • 11c · Fees: accounting

    total $117,000 · management and general $117,000

  • 11f · Fees: investment management

    total $15,966 · management and general $15,966

  • 11g · Fees: other

    total $555,170 · program services $174,504 · management and general $370,878 · fundraising $9,788

  • 12 · Advertising and promotion

    total $2,162 · management and general $2,162

  • 13 · Office expenses

    total $75,352 · program services $5,682 · management and general $68,559 · fundraising $1,111

  • 14 · Information technology

    total $36,463 · program services $547 · management and general $35,916

  • 16 · Occupancy

    total $325,013 · program services $534 · management and general $322,863 · fundraising $1,616

  • 17 · Travel

    total $39,142 · management and general $39,142

  • 19 · Conferences, conventions and meetings

    total $10,211 · program services $864 · management and general $9,347

  • 22 · Depreciation, depletion and amortization

    total $12,280 · management and general $12,280

  • 23 · Insurance

    total $34,707 · management and general $34,707

  • 24a · Other expenses: Professional Membership

    total $438,744 · program services $1,817 · management and general $436,392 · fundraising $535

  • 24b · Other expenses: Recruitment

    total $282,258 · management and general $282,258

  • 24c · Other expenses: Medical Supplies

    total $64,277 · program services $64,277

  • 24d · Other expenses: Institutional Dues

    total $50,601 · management and general $50,601

  • 24e · All other expenses

    total $171,111 · program services $48,442 · management and general $109,151 · fundraising $13,518

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,767,891 · end of year $3,485,373

  • 2 · Savings and temporary cash investments

    beginning of year $20,896 · end of year $103,902

  • 3 · Pledges and grants receivable

    beginning of year $18,453 · end of year $11,232

  • 4 · Accounts receivable

    beginning of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,923,948 · end of year $2,429,689

  • 10a · Land, buildings and equipment: cost or other basis

    $392,669

  • 10b · Land, buildings and equipment: accumulated depreciation

    $390,995

  • 10c · Land, buildings and equipment, net

    beginning of year $13,955 · end of year $1,674

  • 11 · Investments: publicly traded securities

    beginning of year $22,431,637 · end of year $22,178,033

  • 12 · Investments: other securities

    beginning of year $1,884,364 · end of year $5,638,243

  • 15 · Other assets

    beginning of year $25,580,434 · end of year $40,238,912

  • 17 · Accounts payable and accrued expenses

    beginning of year $20,735,988 · end of year $36,550,952

  • 25 · Other liabilities

    beginning of year $23,941,995 · end of year $28,016,467

  • 27 · Net assets without donor restrictions

    beginning of year $7,955,587 · end of year $8,453,525

  • 28 · Net assets with donor restrictions

    beginning of year $1,008,008 · end of year $1,066,114

Mission and programs · 2023

Mission

To enhance, every day, the health of our patients, our families and our communities. We do that through a range of health care services for people of all ages, in a variety of care settings.

Activities or mission (Part I)

To enhance, every day, the health of our patients, our families and our communities.

  • MaineGeneral Health provides administrative services for tax-exempt subsidiaries and develops and implements overall goals and strategies for the system-wide delivery of necessary health care services in an efficient and coordinated manner.

    Expenses $3,218,074 · Grants $283,937 · Revenue $13,741,763

As filed on the 2023 return.

Listed in Part VII

  • Charles Hays

    President & CEO (Former)

    Total calculated
    $792,493
    From this org
    $741,922
    From related orgs
    $0
    Other
    $50,571
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $637,237
    Bonus
    $0
    Other
    $104,685
    Deferred
    $33,088
    Nontaxable benefits
    $17,483
    Filer's total
    $792,493

  • Terry Brann

    Treasurer & Chief Financial Officer

    Total calculated
    $483,020
    From this org
    $445,717
    From related orgs
    $0
    Other
    $37,303
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $414,813
    Bonus
    $0
    Other
    $30,904
    Deferred
    $26,100
    Nontaxable benefits
    $11,203
    Filer's total
    $483,020

  • Amy Rico MD

    Director

    Total calculated
    $459,318
    From this org
    $0
    From related orgs
    $408,622
    Other
    $50,696
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $383,787 related
    Bonus
    $0 + $21,458 related
    Other
    $0 + $3,377 related
    Deferred
    $0 + $32,373 related
    Nontaxable benefits
    $0 + $18,323 related
    Filer's total
    $0 + $459,318 related

  • Marci Alexander Esquire

    Board Secretary

    Total calculated
    $368,892
    From this org
    $342,980
    From related orgs
    $0
    Other
    $25,912
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $335,149
    Bonus
    $0
    Other
    $7,831
    Deferred
    $18,611
    Nontaxable benefits
    $7,301
    Filer's total
    $368,892

  • Gail Cohen

    Chief Human Resources Officer

    Total calculated
    $362,647
    From this org
    $306,832
    From related orgs
    $0
    Other
    $55,815
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $275,605
    Bonus
    $0
    Other
    $31,227
    Deferred
    $33,050
    Nontaxable benefits
    $22,765
    Filer's total
    $362,647

  • Mark St John

    Chief Information Officer

    Total calculated
    $356,621
    From this org
    $300,873
    From related orgs
    $0
    Other
    $55,748
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $288,387
    Bonus
    $0
    Other
    $12,486
    Deferred
    $32,994
    Nontaxable benefits
    $22,754
    Filer's total
    $356,621

  • Deirdre Heersink DO

    Director

    Total calculated
    $353,576
    From this org
    $0
    From related orgs
    $327,236
    Other
    $26,340
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $295,457 related
    Bonus
    $0 + $12,500 related
    Other
    $0 + $19,279 related
    Deferred
    $0 + $24,042 related
    Nontaxable benefits
    $0 + $2,298 related
    Filer's total
    $0 + $353,576 related

  • Alex Sydnor

    Chief Transformation Officer

    Total calculated
    $359,936
    From this org
    $303,849
    From related orgs
    $0
    Other
    $56,087
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $298,189
    Bonus
    $0
    Other
    $5,660
    Deferred
    $33,100
    Nontaxable benefits
    $22,987
    Filer's total
    $359,936

  • Nathan Howell

    President & CEO

    Total calculated
    $334,583
    From this org
    $333,385
    From related orgs
    $0
    Other
    $1,198
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $287,260
    Bonus
    $40,000
    Other
    $6,125
    Deferred
    $0
    Nontaxable benefits
    $1,198
    Filer's total
    $334,583

  • Nicole McSweeney

    Chief Marketing and Philanthropy Officer

    Total calculated
    $275,956
    From this org
    $242,987
    From related orgs
    $0
    Other
    $32,969
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $242,295
    Bonus
    $0
    Other
    $692
    Deferred
    $22,068
    Nontaxable benefits
    $10,901
    Filer's total
    $275,956

  • Adam Jones

    Sr. Director of Finance

    Total calculated
    $227,331
    From this org
    $180,701
    From related orgs
    $0
    Other
    $46,630
    Hours/week
    50 + 5 related

    Schedule J breakdown matched by us

    Base
    $180,546
    Bonus
    $0
    Other
    $155
    Deferred
    $24,223
    Nontaxable benefits
    $22,407
    Filer's total
    $227,331

  • Stephanie Bartholomew MD

    Director

    Total calculated
    $52,703
    From this org
    $0
    From related orgs
    $52,037
    Other
    $666
    Hours/week
    1 + 1 related

  • Gary Peachey

    Director & Vice Chair

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Greg Feero MD

    Director (part Year)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • James LaLiberty

    Director & Chair (Part Year)

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Janice Kassman

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Joe Purington

    Director

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • John Diefenderfer DO

    Director

    Total calculated
    $0
    Hours/week
    2 + 50 related

  • Matthew Tardiff

    Director & Chair

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Michelle Pelletier

    Director

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Nicole Trufant

    Director

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • Peter Mills

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Scott Bullock

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Scott Small

    Director

    Total calculated
    $0
    Hours/week
    2 + 1 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a
Charles Hays $59,596 Treated as taxable compensation.
Part I, Line 3
The Board of Directors is responsible for determining the compensation package (base salary, performance incentive pay plan and other benefits and perquisites) for the Chief Executive Officer. They have an independent executive compensation consultant who advises the Board after completing an evaluation the compensation and benefits provided to its Chief Executive Officer - this includes. using comparability data, expert compensation studies and other means as well as their findings and opinion regarding the reasonableness of the maximum total remuneration that could be earned. Paid executives who hold voting privileges may not vote or participate in discussions regarding their compensation; however, they may answer questions that will help the Board in its deliberations. For other officer and key employee positions, the Chief Executive Officer is responsible for determining the base compensation for all his direct reports, while the Board of Directors is responsible for the variable compensation. An independent compensation consultant advises the CEO using comparability data, expert compensation studies and other means. This, together with the Chief Executive Officer's compensation, was last reviewed in August 2023.
Part I, Line 7
A portion of compensation is at risk and variable and is based on the quality of job performance.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • Kennebec Risk LLC

    Captive Insurance Company · VT · income $0 · assets $0

    Directly controlled by MaineGeneral Medical Center

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202511349349307506

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