Central Maine Healthcare Corporation
Central Maine Healthcare Corporation maintains stable assets and consistent revenue, with expenses closely aligned to income.
EIN: 10386913 · Lewiston, ME · NTEE: E210 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $92.7M |
| Total Expenses | $66.2M |
| Program Spending | 90% |
| Net Assets | $64.4M |
| Transparency Score | 75/100 |
Is Central Maine Healthcare Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Maine Healthcare Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Maine Healthcare Corporation
Central Maine Healthcare Corporation (EIN: 10386913) is a nonprofit organization based in Lewiston, ME, classified under NTEE code E210. The organization reported total revenue of $92.7M and total assets of $141.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Maine Healthcare Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Maine Healthcare Corporation is a major nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66.3M |
| Total Expenses | $66.2M |
| Surplus / Deficit | +$155K |
| Total Assets | $149.4M |
| Total Liabilities | $84.9M |
| Net Assets | $64.4M |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 56.9% |
| Months of Reserves | 27.1 months |
Financial Health Grade: A
In 2023, Central Maine Healthcare Corporation reported a surplus of $155K with revenue exceeding expenses, holds 27.1 months of operating reserves (strong position), has a debt-to-asset ratio of 56.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Maine Healthcare Corporation's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.0% | -5.5% | -16.8% |
| 2022 | +51.9% | +95.8% | +12.2% |
| 2021 | -44.8% | -49.4% | -17.7% |
| 2020 | +16.4% | +7.5% | -2.1% |
| 2019 | -0.7% | -5.6% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Central Maine Healthcare Corporation with a Mission Score of 75 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Central Maine Healthcare Corporation 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 $155K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.9%.
Executive Compensation Analysis
The reported 0% officer compensation across all available filings is unusual for an organization of this size and revenue, suggesting that executive compensation may be reported under different categories or that the data provided is incomplete regarding this specific metric. Further investigation into the full IRS 990 forms would be necessary to understand the true executive compensation structure.
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 Central Maine Healthcare Corporation's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp for large organization)
Strengths
The following positive indicators were identified for Central Maine Healthcare Corporation:
- Consistent asset base exceeding liabilities (e.g., 2023 assets $149M vs. liabilities $84M)
- Stable revenue generation over multiple years
- Expenses generally align with revenue, indicating active deployment of funds for mission
- Positive net income in several periods (e.g., 2021 revenue $47.4M vs. expenses $35.7M)
Frequently Asked Questions about Central Maine Healthcare Corporation
Is Central Maine Healthcare Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Maine Healthcare Corporation (EIN: 10386913) some concerns. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
How does Central Maine Healthcare Corporation spend its money?
Central Maine Healthcare Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Maine Healthcare Corporation tax-deductible?
Central Maine Healthcare Corporation is registered as a tax-exempt nonprofit (EIN: 10386913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Central Maine Healthcare Corporation's spending goes to programs?
Central Maine Healthcare Corporation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Central Maine Healthcare Corporation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Central Maine Healthcare Corporation is above average for NTEE category E210 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Central Maine Healthcare Corporation located?
Central Maine Healthcare Corporation is headquartered in Lewiston, Maine and files with the IRS under EIN 10386913. It is classified under NTEE code E210.
How many years of IRS 990 filings does Central Maine Healthcare Corporation have?
Central Maine Healthcare Corporation 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 $92.7M in total revenue.
How is executive compensation truly structured if 'Officer Comp' is consistently 0%?
The consistent reporting of 0% for 'Officer Comp' across all filings for an organization with revenues exceeding $90 million (latest) suggests that executive compensation might be categorized differently on the full IRS 990 form (e.g., as salaries for key employees not classified as 'officers' in this specific data point) or that the provided data point is limited. A review of Part VII, Section A of the full 990 form would clarify this.
What is the specific breakdown of program service expenses?
Given the NTEE code E210 (General Hospitals), the vast majority of expenses would be related to direct patient care, medical supplies, staff salaries, and facility operations. A detailed breakdown would be found in Schedule O or Part IX of the full 990 form.
What are the primary sources of revenue for Central Maine Healthcare Corporation?
As a healthcare provider, primary revenue sources would typically include patient service revenue (e.g., insurance reimbursements, patient payments), government grants (e.g., Medicare/Medicaid), and potentially some philanthropic contributions. The full 990, Part VIII, would detail these sources.
Filing History
IRS 990 filing history for Central Maine Healthcare Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Maine Healthcare Corporation's revenue has grown by 36.8%, moving from $48.5M to $66.3M. Total assets increased by 1.5% over the same period, from $147.2M to $149.4M. Total functional expenses rose by 53.6%, from $43.1M to $66.2M. In its most recent filing year (2023), Central Maine Healthcare Corporation reported a surplus of $155K, with revenue exceeding expenses. The organization holds $84.9M in liabilities against $149.4M in assets (debt-to-asset ratio: 56.9%), resulting in net assets of $64.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66.3M | $66.2M | $149.4M | $84.9M | — | View 990 |
| 2022 | $72.1M | $70.0M | $179.6M | $83.8M | — | View 990 |
| 2021 | $47.5M | $35.7M | $160.1M | $100.6M | — | View 990 |
| 2020 | $86.0M | $70.7M | $194.4M | $85.1M | — | View 990 |
| 2019 | $73.8M | $65.8M | $198.7M | $94.7M | — | View 990 |
| 2018 | $74.3M | $69.7M | $187.8M | $83.5M | — | View 990 |
| 2017 | $59.5M | $59.5M | $175.1M | $78.1M | — | View 990 |
| 2016 | $54.8M | $56.3M | $171.6M | $83.5M | — | View 990 |
| 2015 | $52.4M | $55.4M | $165.3M | $70.2M | — | View 990 |
| 2014 | $53.9M | $50.0M | $168.3M | $62.7M | — | View 990 |
| 2013 | $48.7M | $47.4M | $153.8M | $57.8M | — | View 990 |
| 2012 | $47.9M | $44.0M | $152.1M | $81.6M | — | View 990 |
| 2011 | $48.5M | $43.1M | $147.2M | $47.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66.3M, expenses of $66.2M, and assets of $149.4M (revenue -8.0% year-over-year).
- 2022: Revenue of $72.1M, expenses of $70.0M, and assets of $179.6M (revenue +51.9% year-over-year).
- 2021: Revenue of $47.5M, expenses of $35.7M, and assets of $160.1M (revenue -44.8% year-over-year).
- 2020: Revenue of $86.0M, expenses of $70.7M, and assets of $194.4M (revenue +16.4% year-over-year).
- 2019: Revenue of $73.8M, expenses of $65.8M, and assets of $198.7M (revenue -0.7% year-over-year).
- 2018: Revenue of $74.3M, expenses of $69.7M, and assets of $187.8M (revenue +24.8% year-over-year).
- 2017: Revenue of $59.5M, expenses of $59.5M, and assets of $175.1M (revenue +8.6% year-over-year).
- 2016: Revenue of $54.8M, expenses of $56.3M, and assets of $171.6M (revenue +4.6% year-over-year).
- 2015: Revenue of $52.4M, expenses of $55.4M, and assets of $165.3M (revenue -2.9% year-over-year).
- 2014: Revenue of $53.9M, expenses of $50.0M, and assets of $168.3M (revenue +10.8% year-over-year).
- 2013: Revenue of $48.7M, expenses of $47.4M, and assets of $153.8M (revenue +1.6% year-over-year).
- 2012: Revenue of $47.9M, expenses of $44.0M, and assets of $152.1M (revenue -1.2% year-over-year).
- 2011: Revenue of $48.5M, expenses of $43.1M, and assets of $147.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Maine Healthcare Corporation:
Data Sources and Methodology
This transparency report for Central Maine Healthcare Corporation 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.