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Nonprofiteer
← BIRCH BAY RETIREMENT VILLAGE

Form 990 for tax year 2024

Filed by BIRCH BAY RETIREMENT VILLAGE.

Totals

Total revenue
$6,424,876
Total expenses
$6,332,204
Contributions and grants received
$22,934
Grants paid
$0
Program service revenue
$6,368,529
Investment income
$35,182
Other revenue
-$1,769
Total assets, end of year
$5,737,790
Total liabilities, end of year
$5,672,308
Net assets or fund balances, end of year
$65,482
Program services expenses (Part IX)
$5,032,828
Management and general expenses
$1,299,376
Fundraising expenses
$0
Program service expenses (Part III)
$5,032,828

Program services were 79.5% 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.

  • 1c · Fundraising events

    $19,510

  • 1f · All other contributions, gifts and grants

    $3,424

  • 2a · Program service revenue: RESIDENT FEES

    total $6,046,989 · related or exempt $6,046,989

  • 2b · Program service revenue: COOPERATIVE FEES

    total $255,403 · related or exempt $255,403

  • 2c · Program service revenue: LIFELINE FEES

    total $32,381 · related or exempt $32,381

  • 2d · Program service revenue: DINING SERVICES

    total $26,556 · related or exempt $26,556

  • 2e · Program service revenue: ROOM RENTALS

    total $7,200 · related or exempt $7,200

  • 3 · Investment income

    total $35,182 · excluded $35,182

  • 8a · Fundraising events: gross income

    $5,500

  • 8a · Fundraising events: contributions included on line 1c

    $19,510

  • 8b · Fundraising events: direct expenses

    $7,269

  • 8c · Net income from fundraising events

    total -$1,769 · excluded -$1,769

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $155,210 · program services $23,281 · management and general $131,929

  • 7 · Other salaries and wages

    total $2,814,454 · program services $2,467,814 · management and general $346,640

  • 8 · Pension plan contributions

    total $44,675 · program services $33,492 · management and general $11,183

  • 9 · Other employee benefits

    total $770,821 · program services $587,522 · management and general $183,299

  • 10 · Payroll taxes

    total $218,467 · program services $163,781 · management and general $54,686

  • 11b · Fees: legal

    total $1,398 · management and general $1,398

  • 11c · Fees: accounting

    total $8,900 · management and general $8,900

  • 11d · Fees: lobbying

    total $480 · management and general $480

  • 11g · Fees: other

    total $825,962 · program services $649,185 · management and general $176,777

  • 12 · Advertising and promotion

    total $25,236 · program services $19,509 · management and general $5,727

  • 13 · Office expenses

    total $28,936 · program services $22,369 · management and general $6,567

  • 16 · Occupancy

    total $308,355 · program services $238,376 · management and general $69,979

  • 17 · Travel

    total $8,223 · program services $6,357 · management and general $1,866

  • 19 · Conferences, conventions and meetings

    total $5,960 · program services $4,607 · management and general $1,353

  • 20 · Interest

    total $129,543 · program services $88,952 · management and general $40,591

  • 22 · Depreciation, depletion and amortization

    total $462,371 · program services $317,490 · management and general $144,881

  • 23 · Insurance

    total $38,795 · program services $29,991 · management and general $8,804

  • 24a · Other expenses: DIETARY FOOD

    total $176,571 · program services $136,499 · management and general $40,072

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $129,999 · program services $100,497 · management and general $29,502

  • 24c · Other expenses: MINOR EQUIPMENT

    total $52,410 · program services $40,516 · management and general $11,894

  • 24d · Other expenses: MEDICAL SUPPLIES

    total $35,871 · program services $27,730 · management and general $8,141

  • 24e · All other expenses

    total $89,567 · program services $74,860 · management and general $14,707

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $326,984 · end of year $112,064

  • 2 · Savings and temporary cash investments

    beginning of year $870,971 · end of year $1,251,808

  • 4 · Accounts receivable

    beginning of year $68,426 · end of year $74,487

  • 9 · Prepaid expenses and deferred charges

    beginning of year $29,106 · end of year $108,825

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

    $13,378,086

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

    $9,463,840

  • 10c · Land, buildings and equipment, net

    beginning of year $4,290,239 · end of year $3,914,246

  • 14 · Intangible assets

    beginning of year $130,000 · end of year $130,000

  • 15 · Other assets

    beginning of year $81,628 · end of year $146,360

  • 17 · Accounts payable and accrued expenses

    beginning of year $652,385 · end of year $603,683

  • 20 · Tax-exempt bond liabilities

    beginning of year $4,348,929 · end of year $3,794,360

  • 25 · Other liabilities

    beginning of year $1,620,987 · end of year $1,274,265

  • 27 · Net assets without donor restrictions

    beginning of year -$865,412 · end of year $20,165

  • 28 · Net assets with donor restrictions

    beginning of year $40,465 · end of year $45,317

Mission and programs · 2024

Mission

BIRCH BAY RETIREMENT VILLAGE IS A RETIREMENT COMMUNITY COMMITTED TO PROVIDING HOUSING AND RELATED HEALTH AND SUPPORT SERVICES FOR THE ELDERLY THAT ARE INTEGRAL TO PROMOTING A HEALTH COMMUNITY.

Activities or mission (Part I)

RETIREMENT COMMUNITY OFFERING 32 ASSISTED LIVING SUITES AND 23 INDEPENDENT LIVING APARTMENTS.

  • ASSISTED LIVING: BIRCH BAY RETIREMENT VILLAGE IS COMPRISED OF 32 ASSISTED LIVING SUITES AND 23 INDEPENDENT LIVING APARTMENTS, FOR A TOTAL OF 55 RESIDENCE UNITS.

    Expenses $5,032,828 · Revenue $6,368,529

As filed on the 2024 return.

Listed in Part VII

  • Christine J Maguire

    PRESIDENT & CEO

    Total calculated
    $485,577
    From this org
    $0
    From related orgs
    $455,306
    Other
    $30,271
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $395,091 related
    Bonus
    $0 + $19,509 related
    Other
    $0 + $40,706 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $30,271 related
    Filer's total
    $0 + $485,577 related

  • Michelle Smith

    TREASURER & CFO

    Total calculated
    $266,732
    From this org
    $0
    From related orgs
    $212,045
    Other
    $54,687
    Hours/week
    10 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $196,792 related
    Bonus
    $0 + $15,253 related
    Other
    $0
    Deferred
    $0 + $9,446 related
    Nontaxable benefits
    $0 + $45,241 related
    Filer's total
    $0 + $266,732 related

  • Tiffany Falabella

    OVERNIGHT SHIFT TEAM LEAD

    Total calculated
    $171,863
    From this org
    $125,385
    From related orgs
    $0
    Other
    $46,478
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $125,385
    Bonus
    $0
    Other
    $0
    Deferred
    $5,360
    Nontaxable benefits
    $41,118
    Filer's total
    $171,863

  • Robert W Hemenway

    EXECUTIVE DIRECTOR

    Total calculated
    $150,306
    From this org
    $134,218
    From related orgs
    $0
    Other
    $16,088
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $134,218
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,088
    Filer's total
    $150,306

  • Joy Hatfield

    HEALTH SERVICES DIRECTOR

    Total calculated
    $132,969
    From this org
    $116,321
    From related orgs
    $0
    Other
    $16,648
    Hours/week
    50

  • Enoch Albert

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Teresa Wagner

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Brent Singer

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Stephanie Albert

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Fred Benson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Peter H Collier

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Richard R Fox

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dr M Ellen Gellerstedt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Peter B York

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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

  • 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 3
THE PRESIDENT AND CEO OF BIRCH BAY RETIREMENT VILLAGE (BBRV) IS PAID BY A RELATED ORGANIZATION, MOUNT DESERT ISLAND HOSPITAL. THE HOSPITAL USES A BOARD COMPENSATION COMMITTEE AND COMPENSATION SURVEY DATA TO DETERMINE THEIR COMPENSATION.
PART I, LINE 7
PERFORMANCE-BASED VARIABLE COMPENSATION WHICH IS SUBJECT TO REVIEW ANNUALLY BY A BOARD COMPENSATION COMMITTEE.

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

No itemized grants to organizations 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.

Related corporations and trusts

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

  • MOUNT DESERT MANAGEMENT COMPANY

    C · REAL ESTATE DEVELOPMENT · ME · 100% owned · share of income $53,438 · controlled entity

    Directly controlled by BIRCH BAY RETIREMENT VILLAGE

Provenance

Return type
form_990
Tax year
2024
Filed
13 March 2026
IRS schema version
2024v5.5
Source object
202630749349300018

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