Blue Hill Memorial Hospital Inc
Blue Hill Memorial Hospital Inc. shows consistent revenue and significant asset growth, with no reported officer compensation in available filings.
EIN: 10227195 · Blue Hill, ME · NTEE: E22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $44.1M |
| Total Expenses | $42.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $40 |
| Net Assets | $37.3M |
| Transparency Score | 85/100 |
Is Blue Hill Memorial Hospital Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Blue Hill Memorial Hospital Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Blue Hill Memorial Hospital Inc
Blue Hill Memorial Hospital Inc (EIN: 10227195) is a nonprofit organization based in Blue Hill, ME, classified under NTEE code E22Z. The organization reported total revenue of $44.1M and total assets of $78.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Hill Memorial Hospital Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Blue Hill Memorial Hospital Inc is a large nonprofit that has been operating for 91 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44.9M |
| Total Expenses | $42.4M |
| Surplus / Deficit | +$2.5M |
| Total Assets | $78.6M |
| Total Liabilities | $41.3M |
| Net Assets | $37.3M |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 52.5% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, Blue Hill Memorial Hospital Inc reported a surplus of $2.5M with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 52.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Blue Hill Memorial Hospital Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.7% | +6.5% | +35.9% |
| 2022 | +9.5% | +1.2% | +22.5% |
| 2021 | +12.2% | +4.5% | +38.7% |
| 2020 | +2.1% | -0.6% | +40.1% |
| 2019 | -38.4% | -36.3% | +10.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1935 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Blue Hill Memorial Hospital Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Blue Hill Memorial Hospital Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.5%.
Executive Compensation Analysis
The provided IRS 990 data consistently reports 0% officer compensation across all 13 filings, which is unusual for an organization of this size with revenues exceeding $40 million annually. This suggests that executive compensation may be reported under different categories or is not disclosed in the 'Officer Comp' field in the provided summary, making it impossible to assess relative to the organization's size without further detail.
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 Blue Hill Memorial Hospital Inc's IRS 990 filings:
- Lack of detailed executive compensation reporting in provided summary (0% officer comp is unusual for an organization of this size)
Strengths
The following positive indicators were identified for Blue Hill Memorial Hospital Inc:
- Consistent revenue generation, with latest revenue at $44,874,396.
- Significant asset growth, increasing from $34,017,992 in 202009 to $78,607,104 in 202309.
- Positive net income in recent periods, e.g., $2,524,271 in 202309 ($44,874,396 revenue - $42,350,125 expenses).
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Frequently Asked Questions about Blue Hill Memorial Hospital Inc
Is Blue Hill Memorial Hospital Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Hill Memorial Hospital Inc (EIN: 10227195) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Blue Hill Memorial Hospital Inc spend its money?
Blue Hill Memorial Hospital Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Blue Hill Memorial Hospital Inc tax-deductible?
Blue Hill Memorial Hospital Inc is registered as a tax-exempt nonprofit (EIN: 10227195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Blue Hill Memorial Hospital Inc CEO make?
Blue Hill Memorial Hospital Inc's highest-compensated officer earns $40 annually. The organization reported $44.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Blue Hill Memorial Hospital Inc's spending goes to programs?
Blue Hill Memorial Hospital Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Blue Hill Memorial Hospital Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Blue Hill Memorial Hospital Inc is above average for NTEE category E22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Blue Hill Memorial Hospital Inc located?
Blue Hill Memorial Hospital Inc is headquartered in Blue Hill, Maine and files with the IRS under EIN 10227195. It is classified under NTEE code E22Z.
How many years of IRS 990 filings does Blue Hill Memorial Hospital Inc have?
Blue Hill Memorial Hospital Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $44.1M in total revenue.
How does Blue Hill Memorial Hospital Inc. manage executive compensation, given the 0% reported officer compensation?
The provided data consistently shows 0% officer compensation. This could mean executive compensation is reported under other expense categories, or the summary data provided does not capture the full picture of executive pay. Further investigation into the full 990 forms would be needed to understand how executive compensation is structured and disclosed.
What is the specific breakdown of program service expenses for Blue Hill Memorial Hospital Inc.?
While the data indicates total expenses, it does not provide a detailed breakdown of program service expenses (e.g., patient care, community health initiatives). As a hospital, it is assumed the vast majority of expenses are program-related, but specific categories are not available in this summary.
What factors contributed to the significant increase in assets from $34,017,992 in 202009 to $78,607,104 in 202309?
The substantial increase in assets suggests significant investments, capital improvements, or accumulation of reserves. Without more detailed financial statements, the specific drivers of this asset growth cannot be precisely identified from the provided summary data.
Filing History
IRS 990 filing history for Blue Hill Memorial Hospital Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Blue Hill Memorial Hospital Inc's revenue has declined by 10.7%, moving from $50.3M to $44.9M. Total assets increased by 159.3% over the same period, from $30.3M to $78.6M. Total functional expenses fell by 14%, from $49.2M to $42.4M. In its most recent filing year (2023), Blue Hill Memorial Hospital Inc reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $41.3M in liabilities against $78.6M in assets (debt-to-asset ratio: 52.5%), resulting in net assets of $37.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44.9M | $42.4M | $78.6M | $41.3M | — | — |
| 2022 | $49.7M | $39.8M | $57.8M | $23.6M | — | — |
| 2021 | $45.4M | $39.3M | $47.2M | $21.1M | — | View 990 |
| 2020 | $40.5M | $37.6M | $34.0M | $19.1M | — | — |
| 2019 | $39.6M | $37.8M | $24.3M | $11.8M | — | View 990 |
| 2018 | $64.3M | $59.4M | $22.0M | $10.5M | — | View 990 |
| 2017 | $67.6M | $65.0M | $17.2M | $10.2M | — | View 990 |
| 2016 | $61.2M | $60.1M | $39.4M | $12.1M | — | View 990 |
| 2015 | $60.3M | $57.2M | $41.1M | $14.3M | — | View 990 |
| 2014 | $54.8M | $52.3M | $39.3M | $13.3M | — | View 990 |
| 2013 | $56.0M | $54.1M | $38.1M | $13.6M | — | View 990 |
| 2012 | $54.4M | $53.4M | $35.0M | $13.2M | — | View 990 |
| 2011 | $50.3M | $49.2M | $30.3M | $11.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $44.9M, expenses of $42.4M, and assets of $78.6M (revenue -9.7% year-over-year).
- 2022: Revenue of $49.7M, expenses of $39.8M, and assets of $57.8M (revenue +9.5% year-over-year).
- 2021: Revenue of $45.4M, expenses of $39.3M, and assets of $47.2M (revenue +12.2% year-over-year).
- 2020: Revenue of $40.5M, expenses of $37.6M, and assets of $34.0M (revenue +2.1% year-over-year).
- 2019: Revenue of $39.6M, expenses of $37.8M, and assets of $24.3M (revenue -38.4% year-over-year).
- 2018: Revenue of $64.3M, expenses of $59.4M, and assets of $22.0M (revenue -4.9% year-over-year).
- 2017: Revenue of $67.6M, expenses of $65.0M, and assets of $17.2M (revenue +10.6% year-over-year).
- 2016: Revenue of $61.2M, expenses of $60.1M, and assets of $39.4M (revenue +1.4% year-over-year).
- 2015: Revenue of $60.3M, expenses of $57.2M, and assets of $41.1M (revenue +10.0% year-over-year).
- 2014: Revenue of $54.8M, expenses of $52.3M, and assets of $39.3M (revenue -2.1% year-over-year).
- 2013: Revenue of $56.0M, expenses of $54.1M, and assets of $38.1M (revenue +3.0% year-over-year).
- 2012: Revenue of $54.4M, expenses of $53.4M, and assets of $35.0M (revenue +8.2% year-over-year).
- 2011: Revenue of $50.3M, expenses of $49.2M, and assets of $30.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Blue Hill Memorial Hospital Inc:
Data Sources and Methodology
This transparency report for Blue Hill Memorial Hospital Inc 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.