Birch Bay Retirement Village

Birch Bay Retirement Village maintains operational stability with consistent revenue growth but carries substantial long-term liabilities.

EIN: 10481696 · Bar Harbor, ME · NTEE: Z99 · Updated: 2026-03-28

$6.4MRevenue

$5.8MAssets

70/100Mission Score (Good)

Z99

About Birch Bay Retirement Village

Birch Bay Retirement Village (EIN: 10481696) is a nonprofit organization based in Bar Harbor, ME, classified under NTEE code Z99. The organization reported total revenue of $6.4M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Birch Bay Retirement Village's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Birch Bay Retirement Village demonstrates consistent operational activity with revenues generally exceeding expenses over the past several years, indicating a stable financial position. For example, in 202304, revenue was $5,847,082 against expenses of $5,628,588. However, the organization carries significant liabilities that have consistently outweighed its assets, with liabilities reaching $7,144,672 in 202304 compared to assets of $6,006,727. This long-term trend of negative net assets warrants closer examination, though it is common for continuing care retirement communities to have substantial debt related to facility construction and operations.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available. A notable positive is the reported 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which could indicate a strong commitment to mission or a different operational structure. Further details on spending efficiency would require a deeper dive into the functional expense breakdown, which is not provided in this summary.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Birch Bay Retirement Village with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Birch Bay Retirement Village allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with annual revenues exceeding $5 million. This suggests either a volunteer leadership structure or that compensation is categorized differently within the financial statements.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Birch Bay Retirement Village's IRS 990 filings:

Consistent negative net assets (liabilities significantly exceed assets across all periods, e.g., $7,144,672 liabilities vs. $6,006,727 assets in 202304)
Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual executive remuneration.

Strengths

The following positive indicators were identified for Birch Bay Retirement Village:

Consistent revenue generation exceeding expenses, indicating operational stability (e.g., 202304 revenue $5,847,082 vs. expenses $5,628,588).
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Stable revenue growth over the past several years, with latest revenue at $6,434,667.

Frequently Asked Questions about Birch Bay Retirement Village

Is Birch Bay Retirement Village financially sustainable given its high liabilities?

While the organization consistently generates more revenue than expenses, indicating operational sustainability, the persistent and significant liabilities exceeding assets (e.g., $7,144,672 liabilities vs. $6,006,727 assets in 202304) suggest a need to understand the nature of these liabilities and the long-term plan for their management. This is common for CCRCs with significant capital investments.

How does Birch Bay Retirement Village manage to operate with 0% reported officer compensation?

The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It suggests that either the leadership is entirely volunteer-based, or compensation for key management personnel is categorized under other expense lines, such as program or administrative salaries, rather than 'officer compensation' as defined by the IRS.

What is the breakdown of program services provided by Birch Bay Retirement Village?

Based on the NTEE code Z99 (unknown/unclassified) and the name 'Retirement Village,' it is highly probable that the primary program services involve providing housing, care, and related services to elderly residents. A detailed breakdown would require reviewing the full IRS Form 990, Part III.

Filing History

IRS 990 filing history for Birch Bay Retirement Village showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Birch Bay Retirement Village's revenue has grown by 57.8%, moving from $3.7M to $5.8M. Total assets decreased by 43.4% over the same period, from $10.6M to $6.0M. Total functional expenses rose by 39%, from $4.0M to $5.6M. In its most recent filing year (2023), Birch Bay Retirement Village reported a surplus of $218K, with revenue exceeding expenses. The organization holds $7.1M in liabilities against $6.0M in assets (debt-to-asset ratio: 118.9%), resulting in net assets of $-1,137,945.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5.8M	$5.6M	$6.0M	$7.1M	—	View 990
2022	$5.7M	$5.3M	$6.3M	$7.9M	—	View 990
2021	$6.3M	$5.0M	$6.7M	$8.7M	—	View 990
2020	$5.2M	$4.5M	$7.4M	$10.6M	—	View 990
2019	$5.2M	$4.6M	$7.1M	$11.1M	—	View 990
2018	$5.1M	$4.6M	$7.6M	$12.1M	—	View 990
2017	$5.2M	$4.8M	$8.0M	$13.0M	—	View 990
2016	$4.4M	$4.4M	$8.2M	$13.7M	—	View 990
2015	$4.5M	$4.6M	$8.7M	$14.1M	—	View 990
2014	$4.1M	$4.3M	$9.1M	$14.6M	—	View 990
2013	$3.8M	$4.3M	$9.7M	$14.9M	—	View 990
2012	$3.6M	$4.2M	$10.2M	$14.8M	—	View 990
2011	$3.7M	$4.0M	$10.6M	$14.6M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5.8M, expenses of $5.6M, and assets of $6.0M (revenue +2.3% year-over-year).
2022: Revenue of $5.7M, expenses of $5.3M, and assets of $6.3M (revenue -8.8% year-over-year).
2021: Revenue of $6.3M, expenses of $5.0M, and assets of $6.7M (revenue +19.6% year-over-year).
2020: Revenue of $5.2M, expenses of $4.5M, and assets of $7.4M (revenue +1.6% year-over-year).
2019: Revenue of $5.2M, expenses of $4.6M, and assets of $7.1M (revenue +1.2% year-over-year).
2018: Revenue of $5.1M, expenses of $4.6M, and assets of $7.6M (revenue -3.0% year-over-year).
2017: Revenue of $5.2M, expenses of $4.8M, and assets of $8.0M (revenue +19.6% year-over-year).
2016: Revenue of $4.4M, expenses of $4.4M, and assets of $8.2M (revenue -3.5% year-over-year).
2015: Revenue of $4.5M, expenses of $4.6M, and assets of $8.7M (revenue +10.6% year-over-year).
2014: Revenue of $4.1M, expenses of $4.3M, and assets of $9.1M (revenue +9.7% year-over-year).
2013: Revenue of $3.8M, expenses of $4.3M, and assets of $9.7M (revenue +3.1% year-over-year).
2012: Revenue of $3.6M, expenses of $4.2M, and assets of $10.2M (revenue -1.8% year-over-year).
2011: Revenue of $3.7M, expenses of $4.0M, and assets of $10.6M.

Data Sources and Methodology

This transparency report for Birch Bay Retirement Village is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

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