Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $30,385

• 2a · Program service revenue: Patient Fees

  total $97,592,755 · related or exempt $97,592,755

• 2b · Program service revenue: Miscellaneous Revenue

  total $1,116,978 · related or exempt $951,358 · unrelated business $9,911 · excluded $155,709

• 2c · Program service revenue: Charity Care & Discounts

  total -$3,436,312 · related or exempt -$3,436,312

• 2d · Program service revenue: Medicare/Medicaid Allowances

  total -$20,347,190 · related or exempt -$20,347,190

• 2e · Program service revenue: Other Contractual Allowances

  total -$24,037,360 · related or exempt -$24,037,360

• 3 · Investment income

  total $147,254 · excluded $147,254

• 6a · Gross rents

  real property $29,260

• 6b · Less rental expenses

  real property $2,068

• 6c · Rental income or loss

  real property $27,192

• 6d · Net rental income or loss

  total $27,192 · excluded $27,192

• 7a · Gross sales of assets other than inventory

  securities $1,568,531

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

  securities $1,442,115

• 7c · Gain or loss

  securities $126,416

• 7d · Net gain or loss

  total $126,416 · excluded $126,416

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,357,493 · program services $684,868 · management and general $672,625

• 7 · Other salaries and wages

  total $20,973,044 · program services $19,138,030 · management and general $1,835,014

• 8 · Pension plan contributions

  total $78,173 · program services $69,539 · management and general $8,634

• 9 · Other employee benefits

  total $4,683,114 · program services $4,207,138 · management and general $475,976

• 10 · Payroll taxes

  total $1,543,452 · program services $1,372,980 · management and general $170,472

• 11b · Fees: legal

  total $53,757 · management and general $53,757

• 11c · Fees: accounting

  total $121,157 · management and general $121,157

• 11f · Fees: investment management

  total $20,030 · management and general $20,030

• 11g · Fees: other

  total $12,392,761 · program services $11,168,457 · management and general $1,224,304

• 12 · Advertising and promotion

  total $15,449 · program services $14,299 · management and general $1,150

• 14 · Information technology

  total $1,624,907 · program services $613,306 · management and general $1,011,601

• 16 · Occupancy

  total $80,265 · program services $65,443 · management and general $14,822

• 17 · Travel

  total $68,987 · program services $15,029 · management and general $53,958

• 20 · Interest

  total $369,822 · program services $257,689 · management and general $112,133

• 22 · Depreciation, depletion and amortization

  total $1,557,219 · program services $1,344,281 · management and general $212,938

• 23 · Insurance

  total $370,201 · program services $91,922 · management and general $278,279

• 24a · Other expenses: Medical Supplies

  total $4,734,204 · program services $4,734,204

• 24b · Other expenses: Other Supplies

  total $1,889,880 · program services $1,787,091 · management and general $102,789

• 24c · Other expenses: Medicaid Tax

  total $866,522 · program services $866,522

• 24d · Other expenses: Miscellaneous Expenses

  total $525,798 · program services $114,550 · management and general $411,248

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $36,801 · end of year $15,264

• 2 · Savings and temporary cash investments

  beginning of year $5,772,101 · end of year $1,428,094

• 3 · Pledges and grants receivable

  beginning of year $18,880 · end of year $0

• 4 · Accounts receivable

  beginning of year $6,627,018 · end of year $8,814,843

• 8 · Inventories for sale or use

  beginning of year $1,101,428 · end of year $1,197,862

• 9 · Prepaid expenses and deferred charges

  beginning of year $453,935 · end of year $780,893

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

  $46,184,257

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

  $36,377,905

• 10c · Land, buildings and equipment, net

  beginning of year $11,419,203 · end of year $9,806,352

• 11 · Investments: publicly traded securities

  beginning of year $4,148,925 · end of year $4,089,298

• 14 · Intangible assets

  beginning of year $0 · end of year $618,274

• 15 · Other assets

  beginning of year $2,466,333 · end of year $1,717,858

• 17 · Accounts payable and accrued expenses

  beginning of year $7,965,235 · end of year $9,390,953

• 20 · Tax-exempt bond liabilities

  beginning of year $3,263,841 · end of year $2,646,175

• 23 · Secured mortgages and notes payable

  beginning of year $1,333,535 · end of year $1,495,028

• 25 · Other liabilities

  beginning of year $4,871,831 · end of year $1,890,542

• 27 · Net assets without donor restrictions

  beginning of year $14,514,940 · end of year $12,969,765

• 28 · Net assets with donor restrictions

  beginning of year $95,242 · end of year $76,275

The filer's explanations (Part III)

Form 990, Part VII, Line 5

During 2022, Dr. Hassan Abouleish was compensated by Internal Medicine of Houlton, an unrelated organization, for services rendered to the Hospital. Amounts paid by the Hospital to Internal Medicine of Houlton for services rendered by Dr. Abouleish total $399,875 during 2022. The Hospital is not made aware of the actual amount of compensation paid to Dr. Abouleish by Internal Medicine of Houlton, and as such, has disclosed and reported the amount paid to the unrelated organization on Form 990, Part VII, Column D and Sch J Part II pursuant to the Form 990 instructions.