Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $2,539

• 1d · Related organizations

  $2,342,062

• 1e · Government grants (contributions)

  $496,342

• 1f · All other contributions, gifts and grants

  $967,852

• 1g · Noncash contributions included above

  $44,334

• 2a · Program service revenue: Cafeteria

  total $792,250 · excluded $792,250

• 2b · Program service revenue: Education

  total $9,070 · related or exempt $9,070

• 2c · Program service revenue: Net Patient Care Service

  total $312,667,134 · related or exempt $312,667,134

• 3 · Investment income

  total $286,856 · excluded $286,856

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6a · Gross rents

  real property $493,732

• 6b · Less rental expenses

  real property $22,672

• 6c · Rental income or loss

  real property $471,060

• 6d · Net rental income or loss

  total $471,060 · excluded $471,060

• 7a · Gross sales of assets other than inventory

  other assets $3,373,345

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

  other assets $943,589

• 7c · Gain or loss

  other assets $2,429,756

• 7d · Net gain or loss

  total $2,429,756 · excluded $2,429,756

• 8c · Net income from fundraising events

  total $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $54,246

• 10b · Cost of goods sold

  $42,644

• 10c · Net income from sales of inventory

  total $11,602 · excluded $11,602

• 11a · Other revenue: 340b Pharmacy Benefits

  total $7,714,361 · related or exempt $7,714,361

• 11b · Other revenue: Opioid Settlement

  total $14,732 · related or exempt $14,732

• 11e · Other revenue, total

  $7,729,093

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $0

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $0

• 5 · Compensation of officers, directors and key employees

  total $3,471,683 · program services $2,443,749 · management and general $1,027,934

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $140,597,963 · program services $133,361,889 · management and general $7,236,074

• 8 · Pension plan contributions

  total $4,059,634 · program services $3,839,414 · management and general $220,220

• 9 · Other employee benefits

  total $16,026,434 · program services $15,145,343 · management and general $881,091

• 10 · Payroll taxes

  total $9,067,865 · program services $8,519,380 · management and general $548,485

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $271,042 · program services $271,042

• 11c · Fees: accounting

  total $49,350 · management and general $49,350

• 11d · Fees: lobbying

  total $0

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $10,404 · program services $8,320 · management and general $2,084

• 11g · Fees: other

  total $39,715,572 · program services $22,397,362 · management and general $17,318,210

• 12 · Advertising and promotion

  total $1,049,406 · program services $1,049,406

• 13 · Office expenses

  total $6,734,365 · program services $5,198,251 · management and general $1,536,114

• 14 · Information technology

  total $13,000,385 · program services $12,295,162 · management and general $705,223

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $10,775,791 · program services $8,617,497 · management and general $2,158,294

• 17 · Travel

  total $319,715 · program services $312,693 · management and general $7,022

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $344,007 · program services $340,658 · management and general $3,349

• 20 · Interest

  total $3,457,274 · program services $2,764,813 · management and general $692,461

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $8,401,283 · program services $7,202,517 · management and general $1,198,766

• 23 · Insurance

  total $3,630,302 · program services $3,433,372 · management and general $196,930

• 24a · Other expenses: Medical Supplies Expense

  total $45,003,700 · program services $45,003,700

• 24b · Other expenses: Taxes & Licensing

  total $5,497,763 · program services $5,492,994 · management and general $4,769

• 24c · Other expenses: Repairs & Maintenance

  total $3,339,750 · program services $3,095,359 · management and general $244,391

• 24d · Other expenses: Dues & Subscriptions

  total $523,238 · program services $520,324 · management and general $2,914

• 24e · All other expenses

  total $552,790 · program services $530,502 · management and general $22,288

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,600 · end of year $5,500

• 2 · Savings and temporary cash investments

  beginning of year $502,029 · end of year $7,802,149

• 3 · Pledges and grants receivable

  beginning of year $45,691 · end of year $0

• 4 · Accounts receivable

  beginning of year $47,957,187 · end of year $52,829,737

• 5 · Loans and receivables from officers and key people

  end of year $0

• 6 · Loans and receivables from disqualified persons

  end of year $0

• 7 · Other notes and loans receivable

  end of year $191,234

• 8 · Inventories for sale or use

  beginning of year $3,387,205 · end of year $3,465,615

• 9 · Prepaid expenses and deferred charges

  beginning of year $889,997 · end of year $807,661

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

  $217,482,132

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

  $73,985,663

• 10c · Land, buildings and equipment, net

  beginning of year $146,619,775 · end of year $143,496,469

• 11 · Investments: publicly traded securities

  end of year $0

• 12 · Investments: other securities

  end of year $0

• 13 · Investments: program-related

  end of year $0

• 14 · Intangible assets

  beginning of year $3,151,000 · end of year $3,151,000

• 15 · Other assets

  beginning of year $35,177,773 · end of year $47,951,478

• 17 · Accounts payable and accrued expenses

  beginning of year $57,514,508 · end of year $46,816,238

• 19 · Deferred revenue

  beginning of year $208,429 · end of year $430,376

• 20 · Tax-exempt bond liabilities

  beginning of year $89,043,181 · end of year $85,603,357

• 23 · Secured mortgages and notes payable

  beginning of year $737,474 · end of year $109,376

• 25 · Other liabilities

  beginning of year $35,893,561 · end of year $57,855,311

• 27 · Net assets without donor restrictions

  beginning of year $45,003,329 · end of year $57,311,216

• 28 · Net assets with donor restrictions

  beginning of year $9,335,775 · end of year $11,574,969

The filer's explanations (Part III)

Part I, Line 7: Non-Fixed payments not listed above

Physician bonuses reported in Part II, column (ii) are based on worked RVUs.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• Affiliated Healthcare Systems AHS

  C · Holding co. · ME

  Directly controlled by EMHS

• Affiliated Laboratory Inc

  C · Clinical lab · ME

  Directly controlled by AHS

• Affiliated Healthcare Management

  C · Hlthcr mgmt · ME

  Directly controlled by AHS

• Beacon Direct

  C · Healthcare Self Funded TPA · ME

  Directly controlled by EMHS