Is Millinocket Regional Hospital Legit?

Quick charity verification for Millinocket Regional Hospital (EIN: 10223482)

Verdict: Millinocket Regional Hospital appears trustworthy

75/100Mission Score
$34.7MRevenue
$16.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Millinocket Regional Hospital demonstrates consistent operational activity, with revenues and expenses generally in balance over the past decade. For instance, in 2023, revenues were $31,753,748 against expenses of $31,725,853, indicating a very tight margin. While the organization's assets have fluctuated, they have generally remained stable, with $16,270,735 in assets as of the latest filing. The hospital's financial health appears stable, operating near break-even in most years, which is common for many non-profit hospitals. The consistent reporting of 0% officer compensation across all available filings suggests that executive compensation is either not reported in this section or is genuinely zero, which would be highly unusual for an organization of this size and could indicate a reporting anomaly or a unique compensation structure not captured in the 'Officer Comp' field.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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