Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $70,206

• 1f · All other contributions, gifts and grants

  $618,007

• 2a · Program service revenue: AFFILIATES ALLOCATION / MANAGEMEN

  total $65,384,045 · related or exempt $65,384,045

• 3 · Investment income

  total $1,547,878 · excluded $1,547,878

• 6a · Gross rents

  real property $688,091

• 6b · Less rental expenses

  real property $30,801

• 6c · Rental income or loss

  real property $657,290

• 6d · Net rental income or loss

  total $657,290 · related or exempt $657,290

• 7a · Gross sales of assets other than inventory

  securities $24,427,974

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

  securities $26,106,501 · other assets $117,409

• 7c · Gain or loss

  securities -$1,678,527 · other assets -$117,409

• 7d · Net gain or loss

  total -$1,795,936 · excluded -$1,795,936

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $16,879 · program services $16,879

• 5 · Compensation of officers, directors and key employees

  total $7,517,897 · program services $6,164,676 · management and general $1,353,221

• 7 · Other salaries and wages

  total $25,993,937 · program services $21,315,028 · management and general $4,678,909

• 8 · Pension plan contributions

  total $364,276 · program services $298,706 · management and general $65,570

• 9 · Other employee benefits

  total $3,715,034 · program services $3,046,328 · management and general $668,706

• 10 · Payroll taxes

  total $2,627,258 · program services $2,154,352 · management and general $472,906

• 11a · Fees: management

  total $14,116 · management and general $14,116

• 11b · Fees: legal

  total $579,548 · management and general $579,548

• 11c · Fees: accounting

  total $107,674 · management and general $107,674

• 11g · Fees: other

  total $6,161,979 · program services $4,806,344 · management and general $1,355,635

• 12 · Advertising and promotion

  total $322,503 · program services $251,552 · management and general $70,951

• 13 · Office expenses

  total $1,186,658 · program services $925,593 · management and general $261,065

• 14 · Information technology

  total $14,748,170 · program services $11,503,573 · management and general $3,244,597

• 16 · Occupancy

  total $699,348 · program services $545,491 · management and general $153,857

• 19 · Conferences, conventions and meetings

  total $187,645 · program services $146,363 · management and general $41,282

• 20 · Interest

  total $170,512 · program services $59,679 · management and general $110,833

• 22 · Depreciation, depletion and amortization

  total $121,252 · program services $105,489 · management and general $15,763

• 23 · Insurance

  total $486,055 · program services $379,123 · management and general $106,932

• 24a · Other expenses: MEDICAL SUPPLIES

  total $1,418,595 · program services $1,418,595 · management and general $0

• 24b · Other expenses: PENSION SETTLEMENT

  total $480,984 · program services $375,168 · management and general $105,816

• 24c · Other expenses: TAXES- PP/ REAL ESTATE

  total $386,808 · program services $301,710 · management and general $85,098

• 24d · Other expenses: AUTO SERVICES

  total $8,743 · program services $6,820 · management and general $1,923

• 24e · All other expenses

  total $89,248 · program services $69,613 · management and general $19,635

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,971,726 · end of year $9,263,624

• 2 · Savings and temporary cash investments

  beginning of year $17,323,556 · end of year $3,811,274

• 3 · Pledges and grants receivable

  beginning of year $460,267 · end of year $283,840

• 4 · Accounts receivable

  beginning of year $3,240,647 · end of year $9,696,208

• 5 · Loans and receivables from officers and key people

  beginning of year $1,501,407 · end of year $1,309,874

• 7 · Other notes and loans receivable

  beginning of year $16,592,570 · end of year $17,264,918

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,277,301 · end of year $956,512

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

  $63,358,973

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

  $53,673,476

• 10c · Land, buildings and equipment, net

  beginning of year $11,096,460 · end of year $9,685,497

• 15 · Other assets

  beginning of year $85,901,978 · end of year $89,576,556

• 17 · Accounts payable and accrued expenses

  beginning of year $30,214,827 · end of year $30,879,908

• 19 · Deferred revenue

  end of year $370,936

• 25 · Other liabilities

  beginning of year $54,704,111 · end of year $55,439,002

• 27 · Net assets without donor restrictions

  beginning of year $47,041,778 · end of year $35,978,239

• 28 · Net assets with donor restrictions

  beginning of year $17,405,196 · end of year $19,180,218

The filer's explanations (Part III)

PART I, LINES 4A-B

MELISSA CACCAMO RECEIVED A SERVERANCE PAYMENT OF $4,327. JASON KRUPP RECEIVED A SERVERANCE PAYMENT OF $253,720. SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN: PARTICIPANT'S ENTITLEMENT TO BENEFITS WILL VEST ON THE PARTICIPANT'S VESTING DATE PROVIDED THE PARTICIPANT HAS REMAINED IN CONTINUOUS EMPLOYMENT IN THE SAME POSITION WHILE PARTICIPATING IN THIS PLAN. A PARTICIPANT WILL HAVE ONLY ONE VESTING DATE FOR ALL ELECTIVE DEFERRALS AND OTHER PLAN CONTRIBUTIONS MADE ON THE PARTICIPANT'S BEHALF DURING ALL PLAN YEARS. A PARTICIPANT'S ENTITLEMENT TO BENEFITS WILL ALSO VEST ( A) IF THE PARTICIPANT'S EMPLOYMENT TERMINATES DUE TO TOTAL DISABILITY, OR ( C) IF OTHER THAN FOR CAUSE ANY PORTION OF THE PARTICIPANT'S ENTITLEMENT PARTICIPANT DIES WHILE STILL EMPLOYED BY THE EMPLOYER, ( B) IF THE THE EMPLOYER TERMINATES THE PARTICIPANTS EMPLOYMENT FOR ANY REASON BENEFITS THAT IS NOT VESTED WHEN THE PARTICIPANT'S EMPLOYMENT WITH THE EMPLOYER TERMINATES, INCLUDING ELECTIVE DEFERRALS, WILL BE FORFEITED. THE EMPLOYER WILL DISTRIBUTE A PARTICIPANT'S BENEFITS UNDER THE PLAN AS SOON AS PRACTICABLE AFTER THE PARTICIPANT'S ENTITLEMENT BECOMES VESTED. STEVE LITTLESON - $193,579 JOHN ALEXANDER - $48,058 KRISTINE CHAISSON - $24,776 RICHARD KROPP - $27,500 JASON KRUPP - $12,082 DAVID PAULOSKY - $45,625

PART I, LINE 7

BONUSES ARE BASED ON PERFORMANCE MEASURES FOR WHICH THERE IS BOARD DISCRETION.

Related corporations and trusts

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

• CWM INSURANCE LTD

  C · INSURANCE · CJ · 100% owned · share of income $8,802,295 · share of assets $55,481,460 · controlled entity

  Directly controlled by CMHC

• CENTRAL MAINE HEALTH VENTURES INC

  C · HEALTHCARE · ME · 100% owned · share of income $12,633,911 · share of assets $18,770,317 · controlled entity

  Directly controlled by CMHC

• CENTRAL MAINE ACO

  C · ACCOUNTABLE CARE · ME · 100% owned · share of income $2,777,295 · share of assets $2,014,073 · controlled entity

  Directly controlled by CMHC