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Nonprofiteer
← ST MARYS HEALTH SYSTEM

Form 990 for tax year 2024

Filed by ST MARYS HEALTH SYSTEM.

Totals

Total revenue
$3,411,435
Total expenses
$2,924,899
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,091,948
Investment income
$0
Other revenue
$319,487
Total assets, end of year
$7,971,719
Total liabilities, end of year
$19,309,400
Net assets or fund balances, end of year
-$11,337,681
Program services expenses (Part IX)
$2,825,830
Management and general expenses
$99,069
Fundraising expenses
$0
Program service expenses (Part III)
$2,825,830

Program services were 96.6% 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.

  • 2a · Program service revenue: Health plans and care

    total $3,091,948 · related or exempt $3,091,948

  • 6a · Gross rents

    real property $605,151

  • 6b · Less rental expenses

    real property $285,664

  • 6c · Rental income or loss

    real property $319,487

  • 6d · Net rental income or loss

    total $319,487 · excluded $319,487

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,071,733 · program services $1,025,235 · management and general $46,498

  • 8 · Pension plan contributions

    total $77,668 · program services $75,683 · management and general $1,985

  • 9 · Other employee benefits

    total $907,853 · program services $884,653 · management and general $23,200

  • 10 · Payroll taxes

    total $76,166 · program services $74,220 · management and general $1,946

  • 11g · Fees: other

    total $259,395 · program services $240,834 · management and general $18,561

  • 13 · Office expenses

    total $30,566 · program services $28,379 · management and general $2,187

  • 14 · Information technology

    total $9,575 · program services $8,890 · management and general $685

  • 16 · Occupancy

    total $43,848 · program services $40,710 · management and general $3,138

  • 17 · Travel

    total $55 · program services $51 · management and general $4

  • 19 · Conferences, conventions and meetings

    total $12,089 · program services $11,224 · management and general $865

  • 22 · Depreciation, depletion and amortization

    total $322,760 · program services $322,760

  • 24a · Other expenses: Drugs/medical supplies

    total $110,489 · program services $110,489

  • 24b · Other expenses: Provision for bad debt

    total $2,702 · program services $2,702

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $992,724 · end of year $1,172,033

  • 4 · Accounts receivable

    beginning of year $153,156 · end of year $181,762

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,119 · end of year $2,879

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

    $8,969,564

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

    $5,343,970

  • 10c · Land, buildings and equipment, net

    beginning of year $3,927,153 · end of year $3,625,594

  • 12 · Investments: other securities

    beginning of year $1,571,471 · end of year $2,333,414

  • 15 · Other assets

    beginning of year $715,669 · end of year $656,037

  • 17 · Accounts payable and accrued expenses

    beginning of year $475,406 · end of year $157,116

  • 19 · Deferred revenue

    beginning of year $247,053 · end of year $0

  • 25 · Other liabilities

    beginning of year $20,555,961 · end of year $19,152,284

  • 27 · Net assets without donor restrictions

    beginning of year -$14,637,497 · end of year -$12,101,606

  • 28 · Net assets with donor restrictions

    beginning of year $722,369 · end of year $763,925

Mission and programs · 2024

Mission

As an entity, St. Mary's Health System provides administrative oversight, management resources, and supportive services to advance comprehensive, preventative and healing services for the patients, employees, and the local business community of its affiliated organizations. The Prevention & Wellness / Take Charge Community Health Risk Screening Program was developed to provide a cost effective way for individuals, particularly underserved populations, to learn more about their health.

Activities or mission (Part I)

As an entity, St. Mary's Health System provides administrative oversight, management resources, and supportive services to advance comprehensive, preventative, and healing services for the patients, employees, and the local business community of its affiliated organizations.

  • Safety and Employee Health, and Affiliated Services: a program to provide screening and injury management for its employees and the business community.

    Expenses $2,825,830 · Revenue $3,091,948

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeffery Davila MD

    Director

    Total calculated
    $673,982
    From this org
    $0
    From related orgs
    $662,384
    Other
    $11,598
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $655,043 related
    Bonus
    $0
    Other
    $0 + $7,341 related
    Deferred
    $0 + $10,147 related
    Nontaxable benefits
    $0 + $1,451 related
    Filer's total
    $0 + $673,982 related

  • David Geiger Esq

    Director

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Ralph Harder MD

    Director

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Lena Jo Hartley

    Director

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • John Isaacson

    Director

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Deacon Denis Mailhot

    Director

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Kathy McManus

    Director

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Steve Ouellette

    Director

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Jonathan Torres MD

    Director (start 5/2024)

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Mark Anthoine

    Chair

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Stephen Grubbs

    Covenant Health, President & CEO

    Total calculated
    $1,276,101
    From this org
    $0
    From related orgs
    $1,235,937
    Other
    $40,164
    Hours/week
    0.1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $805,455 related
    Bonus
    $0 + $400,000 related
    Other
    $0 + $30,482 related
    Deferred
    $0 + $10,350 related
    Nontaxable benefits
    $0 + $29,814 related
    Filer's total
    $0 + $1,276,101 related

  • Joseph Marino

    CFO & Treasurer

    Total calculated
    $311,054
    From this org
    $0
    From related orgs
    $306,112
    Other
    $4,942
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $304,012 related
    Bonus
    $0
    Other
    $0 + $2,100 related
    Deferred
    $0 + $3,741 related
    Nontaxable benefits
    $0 + $1,201 related
    Filer's total
    $0 + $311,054 related

  • Cynthia Scott

    Secretary

    Total calculated
    $92,627
    From this org
    $0
    From related orgs
    $76,099
    Other
    $16,528
    Hours/week
    1 + 42 related

  • Winfield Brown

    President & CEO (start 10/2024)

    Total calculated
    $162,300
    From this org
    $0
    From related orgs
    $156,573
    Other
    $5,727
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $155,804 related
    Bonus
    $0
    Other
    $0 + $769 related
    Deferred
    $0 + $2,688 related
    Nontaxable benefits
    $0 + $3,039 related
    Filer's total
    $0 + $162,300 related

  • Cindy Segar-Miller

    President & CEO (end 10/2024)

    Total calculated
    $525,524
    From this org
    $0
    From related orgs
    $525,524
    Other
    $0
    Hours/week
    1 + 42 related

    Schedule J breakdown matched by us

    Base
    $0 + $525,524 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $525,524 related

  • Kara Clark NP

    Nurse Practitioner

    Total calculated
    $140,130
    From this org
    $114,673
    From related orgs
    $0
    Other
    $25,457
    Hours/week
    40

  • Nia Foderingham MD

    Physician

    Total calculated
    $191,820
    From this org
    $152,745
    From related orgs
    $0
    Other
    $39,075
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $142,455
    Bonus
    $10,000
    Other
    $290
    Deferred
    $1,237
    Nontaxable benefits
    $37,838
    Filer's total
    $191,820

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

None.

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3
Any compensation paid to the trustees, directors, officers or key employees of the Organization is subject to the oversight and decisions of Covenant Health, a related tax-exempt organization. Every two-to-three years the Compensation Committee of the Covenant Health Board of Directors engages an external consultant to provide competitive market data from various survey sources, which is then used to develop recommendations for changes to the compensation program. Since 2003, the Compensation Committee has engaged a human resources consultant to conduct this analysis. Objectives of the analysis are to assess the compositeness of the total cash compensation levels of the senior leadership team, develop market based competitive salary ranges for all executive positions, and ensure that the annual incentive opportunities, if there are any, are competitive and reasonable.

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.

  • Campus Holding

    C · Holding company · ME · 100% owned

    Directly controlled by St Mary's Health System

  • Covenant Health Insurance LTD

    C · Self-insurance company · CJ

  • GNM Corporation

    C · Real estate holding company · NH

  • SJ Physicians Services

    C · Physician practice · NH

  • St Joseph Corporate Services Inc

    C · Holding company · NH

  • Strauss Incorporated

    C · Repairs and transcriptions · ME

Provenance

Return type
form_990
Tax year
2024
Filed
10 November 2025
IRS schema version
2024v5.2
Source object
202543189349310509

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