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Nonprofiteer
← MAINHEALTH SERVICES

Form 990 for tax year 2023

Filed by MAINHEALTH SERVICES.

Totals

Total revenue
$26,309,702
Total expenses
$10,230,206
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$25,962,442
Investment income
$208,255
Other revenue
$139,005
Total assets, end of year
$365,813,522
Total liabilities, end of year
$399,666,583
Net assets or fund balances, end of year
-$33,853,061
Program services expenses (Part IX)
$10,230,206
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$10,230,206

Program services were 100.0% 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: SeHR Program Revenue

    total $25,962,442 · related or exempt $25,962,442

  • 3 · Investment income

    total $538,026 · excluded $538,026

  • 7a · Gross sales of assets other than inventory

    securities $19,492,825

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

    securities $19,822,596

  • 7c · Gain or loss

    securities -$329,771

  • 7d · Net gain or loss

    total -$329,771 · excluded -$329,771

  • 11a · Other revenue: Miscellaneous Revenue

    total $139,005 · related or exempt $139,005

  • 11e · Other revenue, total

    $139,005

Functional expenses

Part IX, the statement of functional expenses.

  • 20 · Interest

    total $1,079,010 · program services $1,079,010

  • 22 · Depreciation, depletion and amortization

    total $9,151,196 · program services $9,151,196

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $83,502,701 · end of year $82,170,965

  • 9 · Prepaid expenses and deferred charges

    end of year $422,004

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

    $344,172,084

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

    $324,035,891

  • 10c · Land, buildings and equipment, net

    beginning of year $18,722,406 · end of year $20,136,193

  • 11 · Investments: publicly traded securities

    beginning of year $36,099,066 · end of year $34,494,862

  • 12 · Investments: other securities

    beginning of year $22,282 · end of year $20,965

  • 15 · Other assets

    beginning of year $154,113,300 · end of year $228,568,533

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,134,829 · end of year $7,884,465

  • 19 · Deferred revenue

    beginning of year $268,601 · end of year $197,276

  • 20 · Tax-exempt bond liabilities

    beginning of year $50,009,166 · end of year $30,965,139

  • 23 · Secured mortgages and notes payable

    beginning of year $3,457,852 · end of year $2,109,931

  • 25 · Other liabilities

    beginning of year $280,796,366 · end of year $358,509,772

  • 27 · Net assets without donor restrictions

    beginning of year -$51,257,639 · end of year -$33,914,128

  • 28 · Net assets with donor restrictions

    beginning of year $50,580 · end of year $61,067

Mission and programs · 2023

Mission

See Schedule O Disclosure for Part 1, Line 1

Activities or mission (Part I)

MaineHealth Services will lead the development of the premier community care network that provides a broad range of integrated health care services in Maine and Northern New England. Through MaineHealth Services' affiliated organizations, the network will organize services along the full continuum of care necessary to improve the health status of the populations it serves in a cost effective manner.

  • MaineHealth Services is the parent company of the largest healthcare system in Maine. The MaineHealth System (including MaineHealth) provides a full range of integrated healthcare services to patients in Maine and Northern New England with the goal of improving the health status of the populations it serves. To that end, MaineHealth Services led the MaineHealth System's efforts to implement a system wide shared electronic health record system (SeHR).Clinically, MaineHealth Services' investment in SeHR commenced in 2007 and is central to MaineHealth Services strategic plan. (Continued on Schedule O)(Continued from page 2 of 990, Line 4a) SeHR is an integrated suite of technology solutions to support healthcare delivery for the MaineHealth Services system, providers and the communities MaineHealth Services serves. Epic and Lawson solutions provide an integrated suite of software solutions for managing most clinical, business and financial processes. The integration of these solutions has enabled and will continue to enable caregivers and patients, regardless of the setting, to obtain a more comprehensive view of information to facilitate further improvements in the delivery of safe, effective, and efficient care and advance MaineHealth Services vision of "one patient, one record". Additional administrative services such as management of insurance programs occurs within MaineHealth Services.

    Expenses $10,230,206 · Revenue $26,101,447

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Brian H Noyes

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Brett Loffredo MD

    Physician, MH

    Total calculated
    $493,010
    From this org
    $0
    From related orgs
    $399,880
    Other
    $93,130
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $391,776 related
    Bonus
    $0
    Other
    $0 + $8,104 related
    Deferred
    $0 + $60,240 related
    Nontaxable benefits
    $0 + $32,890 related
    Filer's total
    $0 + $493,010 related
  • Clint Boothby Esq

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Daniel Loiselle MD

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • David Kumaki MD FACP

    Former Physician, MH/Trustee

    Total calculated
    $2,075
    From this org
    $0
    From related orgs
    $2,015
    Other
    $60
    Hours/week
    1
  • Gregory Dufour

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Jere G Michelson

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Kate Herlihy MD MHP

    Physician, MH

    Total calculated
    $322,200
    From this org
    $0
    From related orgs
    $265,774
    Other
    $56,426
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $210,664 related
    Bonus
    $0 + $6,089 related
    Other
    $0 + $49,021 related
    Deferred
    $0 + $24,221 related
    Nontaxable benefits
    $0 + $32,205 related
    Filer's total
    $0 + $322,200 related
  • Katherine B Coster

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Lisa Beaule MD

    VP Physc & APP Svcs - So. Reg., MH

    Total calculated
    $696,288
    From this org
    $0
    From related orgs
    $594,453
    Other
    $101,835
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $497,331 related
    Bonus
    $0
    Other
    $0 + $97,122 related
    Deferred
    $0 + $61,926 related
    Nontaxable benefits
    $0 + $39,909 related
    Filer's total
    $0 + $696,288 related
  • Melissa Smith

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Morris Fisher

    Chairman

    Total calculated
    $0
    Hours/week
    1
  • Marie J McCarthy

    Vice Chairman

    Total calculated
    $0
    Hours/week
    1
  • Nancy Hasenfus MD

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Peter Manning MD

    Physician, MH

    Total calculated
    $415,525
    From this org
    $0
    From related orgs
    $395,747
    Other
    $19,778
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $357,468 related
    Bonus
    $0
    Other
    $0 + $38,279 related
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $3,278 related
    Filer's total
    $0 + $415,525 related
  • Thomas J Ryan Jr MD FACC

    Physician, MH

    Total calculated
    $425,184
    From this org
    $0
    From related orgs
    $328,038
    Other
    $97,146
    Hours/week
    1 + 24 related

    Schedule J breakdown matched by us

    Base
    $0 + $307,308 related
    Bonus
    $0
    Other
    $0 + $20,730 related
    Deferred
    $0 + $57,295 related
    Nontaxable benefits
    $0 + $39,851 related
    Filer's total
    $0 + $425,184 related
  • Sandy Morrell Rooney

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Stuart H Watson

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Linda Terry

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Peter Wood

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Matthew C Chin

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Quincy Hentzel

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Amanda Rand Esq

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Ann Bresnahan

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Andrew Mueller MD

    CEO and President, MH

    Total calculated
    $2,277,317
    From this org
    $0
    From related orgs
    $2,222,049
    Other
    $55,268
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,371,192 related
    Bonus
    $0 + $670,196 related
    Other
    $0 + $180,661 related
    Deferred
    $0 + $13,200 related
    Nontaxable benefits
    $0 + $42,068 related
    Filer's total
    $0 + $2,277,317 related
  • Albert G Swallow III

    CFO, MH; Board Treasurer

    Total calculated
    $1,404,205
    From this org
    $0
    From related orgs
    $1,275,516
    Other
    $128,689
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $738,708 related
    Bonus
    $0 + $246,696 related
    Other
    $0 + $290,112 related
    Deferred
    $0 + $92,666 related
    Nontaxable benefits
    $0 + $36,023 related
    Filer's total
    $0 + $1,404,205 related
  • Beth Kelsch

    General Counsel, MH; Board Secretary

    Total calculated
    $848,591
    From this org
    $0
    From related orgs
    $752,576
    Other
    $96,015
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $520,986 related
    Bonus
    $0 + $141,750 related
    Other
    $0 + $89,840 related
    Deferred
    $0 + $55,677 related
    Nontaxable benefits
    $0 + $40,338 related
    Filer's total
    $0 + $848,591 related
  • Robert Frank

    Former General Counsel, MH

    Total calculated
    $119,874
    From this org
    $0
    From related orgs
    $117,526
    Other
    $2,348
    Hours/week
    1 + 20 related

    Schedule J breakdown matched by us

    Base
    $0 + $98,155 related
    Bonus
    $0
    Other
    $0 + $19,371 related
    Deferred
    $0 + $2,348 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $119,874 related
  • Joan Boomsma MD

    Former Chief Medical Officer

    Total calculated
    $197,135
    From this org
    $0
    From related orgs
    $197,135
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $197,135 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $197,135 related
  • Mark Harris

    Frmr Officer/Chief Planning Officer

    Total calculated
    $646,482
    From this org
    $0
    From related orgs
    $532,131
    Other
    $114,351
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $286,988 related
    Bonus
    $0 + $103,175 related
    Other
    $0 + $141,968 related
    Deferred
    $0 + $77,443 related
    Nontaxable benefits
    $0 + $36,908 related
    Filer's total
    $0 + $646,482 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

  • 4a · Severance or change-of-control payment

Answered no

  • 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 4a
Joan Boomsma, MD (Former Chief Medical Officer of MaineHealth) received severance payments totaling $197,135 during calendar year 2023 from MaineHealth.

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.

  • Maine Medical Partners

    C · Healthcare · ME

  • Waldo County Healthcare Mgmt Co

    C · Management services · ME

  • PBH Management Company

    C · Management services · ME

  • Mid Coast Health Management Corp

    C · Management services · ME

  • Mid Coast Medical Group

    C · Healthcare · ME

  • Thorton Oaks Development Corp

    C · Management services · ME

Provenance

Return type
form_990
Tax year
2023
Filed
11 August 2025
IRS schema version
2023v6.0
Source object
202532269349300318

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