Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $107,833

• 1g · Noncash contributions included above

  $105,163

• 2a · Program service revenue: Patient services

  total $9,434,676 · related or exempt $9,434,676

• 3 · Investment income

  total $544,940 · excluded $544,940

• 7a · Gross sales of assets other than inventory

  securities $17,856,558

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

  securities $16,805,113

• 7c · Gain or loss

  securities $1,051,445

• 7d · Net gain or loss

  total $1,051,445 · excluded $1,051,445

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $6,552,733 · program services $6,112,934 · management and general $439,799

• 8 · Pension plan contributions

  total $205,547 · program services $191,751 · management and general $13,796

• 9 · Other employee benefits

  total $871,195 · program services $812,723 · management and general $58,472

• 10 · Payroll taxes

  total $472,544 · program services $440,828 · management and general $31,716

• 11g · Fees: other

  total $548,491 · program services $511,678 · management and general $36,813

• 12 · Advertising and promotion

  total $780 · management and general $780

• 13 · Office expenses

  total $37,228 · program services $34,730 · management and general $2,498

• 16 · Occupancy

  total $165,757 · program services $154,632 · management and general $11,125

• 17 · Travel

  total $268,181 · program services $250,182 · management and general $17,999

• 19 · Conferences, conventions and meetings

  total $11,078 · program services $10,334 · management and general $744

• 22 · Depreciation, depletion and amortization

  total $59,547 · management and general $59,547

• 23 · Insurance

  total $12,473 · management and general $12,473

• 24a · Other expenses: Medical Supplies

  total $601,762 · program services $601,762

• 24b · Other expenses: Dues & Subscriptions

  total $87,254 · program services $81,398 · management and general $5,856

• 24c · Other expenses: Maintenance

  total $46,198 · program services $43,097 · management and general $3,101

• 24e · All other expenses

  total $37,542 · program services $35,022 · management and general $2,520

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,447,526 · end of year $2,294,435

• 2 · Savings and temporary cash investments

  beginning of year $3,826,410 · end of year $3,981,222

• 4 · Accounts receivable

  beginning of year $1,203,809 · end of year $1,121,736

• 9 · Prepaid expenses and deferred charges

  beginning of year $43,542 · end of year $41,197

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

  $3,117,411

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

  $2,796,084

• 10c · Land, buildings and equipment, net

  beginning of year $380,875 · end of year $321,327

• 11 · Investments: publicly traded securities

  beginning of year $15,785,666 · end of year $22,641,392

• 12 · Investments: other securities

  beginning of year $12,894,163 · end of year $12,170,219

• 15 · Other assets

  beginning of year $149,009 · end of year $50,494

• 17 · Accounts payable and accrued expenses

  beginning of year $765,232 · end of year $720,725

• 25 · Other liabilities

  beginning of year $2,285,708 · end of year $2,387,309

• 27 · Net assets without donor restrictions

  beginning of year $32,924,339 · end of year $38,552,585

• 28 · Net assets with donor restrictions

  beginning of year $755,721 · end of year $961,403

The filer's explanations (Part III)

Part I, Line 4b

Community Health and Nursing Services Corporation and its related organizations has a deferred compensation arrangement under a non-qualified defined contribution plan to provide supplemental retirement benefits to certain employees. Lois Skillings and Michael Perry, officers of the Organization, participated in this plan. Lois Skillings and Mike Perry received $71,754 and $42,325 respectively from Mid Coast Health Management Corp & Subs. These amounts are reported in Schedule J, Part II, Column (B)(iii) for each individual.

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

• Midcoast Health Management Corp

  C · Management services · ME

• Mid Coast Medical Group

  C · Management services · ME

• Thornton Oaks Development Corp

  C · Management services · ME