Central Maine Medical Center
Central Maine Medical Center consistently operates at a deficit, with expenses exceeding revenue in recent fiscal years.
EIN: 10211494 · Lewiston, ME · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $516.9M |
| Total Expenses | $524.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $500 |
| Net Assets | $99.0M |
| Transparency Score | 65/100 |
Is Central Maine Medical Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Maine Medical Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Maine Medical Center
Central Maine Medical Center (EIN: 10211494) is a nonprofit organization based in Lewiston, ME, classified under NTEE code E220. The organization reported total revenue of $516.9M and total assets of $265.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Maine Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Maine Medical Center is a major nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $505.4M |
| Total Expenses | $524.7M |
| Surplus / Deficit | $-19,331,830 |
| Total Assets | $283.3M |
| Total Liabilities | $184.4M |
| Net Assets | $99.0M |
| Operating Margin | -3.8% |
| Debt-to-Asset Ratio | 65.1% |
| Months of Reserves | 6.5 months |
Financial Health Grade: C
In 2023, Central Maine Medical Center reported a deficit of $19.3M with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 65.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Maine Medical Center's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | +3.8% | +-0.0% |
| 2022 | +15.5% | +16.3% | +8.3% |
| 2021 | +4.8% | +4.7% | -12.9% |
| 2020 | +0.9% | +0.7% | +14.4% |
| 2019 | -1.7% | +0.6% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1942 |
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 Medical Center with a Mission Score of 65 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 Medical Center 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 deficit of $19.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.1%.
Executive Compensation Analysis
The provided data consistently shows 0% officer compensation across all filings, which suggests that executive compensation is either not reported in this specific field or is not a direct expense in the manner typically highlighted. This makes it difficult to assess executive pay relative to the organization's substantial size and revenue, which exceeded $500 million in 2023.
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 Medical Center's IRS 990 filings:
- Consistent operational deficits: Expenses have exceeded revenue in most recent fiscal years, including a $19.3 million deficit in 2023.
- Unclear executive compensation: The consistent reporting of 0% officer compensation makes it difficult to assess executive pay transparency for an organization with over $500 million in revenue.
Strengths
The following positive indicators were identified for Central Maine Medical Center:
- Substantial asset base: The organization maintains significant assets, reported at $283,328,323 in 2023, providing a financial buffer.
- Large scale of operations: With revenues exceeding $500 million, CMMC is a major healthcare provider in its community.
- Consistent filing history: A robust filing history of 13 IRS 990s indicates a commitment to regulatory compliance.
Frequently Asked Questions about Central Maine Medical Center
Is Central Maine Medical Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Maine Medical Center (EIN: 10211494) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does Central Maine Medical Center spend its money?
Central Maine Medical Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Maine Medical Center tax-deductible?
Central Maine Medical Center is registered as a tax-exempt nonprofit (EIN: 10211494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Central Maine Medical Center CEO make?
Central Maine Medical Center's highest-compensated officer earns $500 annually. The organization reported $516.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Central Maine Medical Center's spending goes to programs?
Central Maine Medical Center directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Central Maine Medical Center compare to similar nonprofits?
With a transparency score of 65/100 (Good), Central Maine Medical Center is above average for NTEE category E220 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Central Maine Medical Center located?
Central Maine Medical Center is headquartered in Lewiston, Maine and files with the IRS under EIN 10211494. It is classified under NTEE code E220.
How many years of IRS 990 filings does Central Maine Medical Center have?
Central Maine Medical Center 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 $516.9M in total revenue.
Is Central Maine Medical Center financially sustainable given its consistent operational deficits?
CMMC has consistently reported expenses exceeding revenue, with a nearly $19.3 million deficit in 2023. While it holds significant assets ($283,328,323 in 2023), sustained operational losses could challenge its long-term financial sustainability without strategic adjustments.
How does Central Maine Medical Center fund its operations despite recurring deficits?
The organization likely relies on its substantial asset base, potentially drawing from reserves or investment income, and may also secure additional financing or grants to cover operational shortfalls. The consistent deficits suggest a need for ongoing financial management strategies.
What is the actual executive compensation for Central Maine Medical Center, given the 0% reported?
The 0% officer compensation reported in the provided data is unusual for an organization of this size. It suggests that executive compensation might be reported under different expense categories, or the data provided is incomplete regarding specific officer compensation details.
Filing History
IRS 990 filing history for Central Maine Medical Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Maine Medical Center's revenue has grown by 63.8%, moving from $308.6M to $505.4M. Total assets increased by 1.5% over the same period, from $279.3M to $283.3M. Total functional expenses rose by 65.1%, from $317.7M to $524.7M. In its most recent filing year (2023), Central Maine Medical Center reported a deficit of $19.3M, with expenses exceeding revenue. The organization holds $184.4M in liabilities against $283.3M in assets (debt-to-asset ratio: 65.1%), resulting in net assets of $99.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $505.4M | $524.7M | $283.3M | $184.4M | — | — |
| 2022 | $480.3M | $505.7M | $283.4M | $204.1M | — | View 990 |
| 2021 | $415.8M | $434.9M | $261.6M | $182.6M | — | — |
| 2020 | $396.7M | $415.3M | $300.5M | $280.2M | — | View 990 |
| 2019 | $393.2M | $412.5M | $262.6M | $229.3M | — | View 990 |
| 2018 | $399.9M | $409.9M | $268.9M | $216.7M | — | View 990 |
| 2017 | $401.8M | $411.7M | $263.9M | $198.0M | — | View 990 |
| 2016 | $403.9M | $410.4M | $292.2M | $216.6M | — | View 990 |
| 2015 | $375.7M | $367.6M | $285.9M | $204.7M | — | View 990 |
| 2014 | $358.1M | $355.3M | $292.6M | $219.5M | — | View 990 |
| 2013 | $319.9M | $331.6M | $292.4M | $222.5M | — | View 990 |
| 2012 | $328.1M | $331.1M | $305.1M | $223.9M | — | View 990 |
| 2011 | $308.6M | $317.7M | $279.3M | $195.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $505.4M, expenses of $524.7M, and assets of $283.3M (revenue +5.2% year-over-year).
- 2022: Revenue of $480.3M, expenses of $505.7M, and assets of $283.4M (revenue +15.5% year-over-year).
- 2021: Revenue of $415.8M, expenses of $434.9M, and assets of $261.6M (revenue +4.8% year-over-year).
- 2020: Revenue of $396.7M, expenses of $415.3M, and assets of $300.5M (revenue +0.9% year-over-year).
- 2019: Revenue of $393.2M, expenses of $412.5M, and assets of $262.6M (revenue -1.7% year-over-year).
- 2018: Revenue of $399.9M, expenses of $409.9M, and assets of $268.9M (revenue -0.5% year-over-year).
- 2017: Revenue of $401.8M, expenses of $411.7M, and assets of $263.9M (revenue -0.5% year-over-year).
- 2016: Revenue of $403.9M, expenses of $410.4M, and assets of $292.2M (revenue +7.5% year-over-year).
- 2015: Revenue of $375.7M, expenses of $367.6M, and assets of $285.9M (revenue +4.9% year-over-year).
- 2014: Revenue of $358.1M, expenses of $355.3M, and assets of $292.6M (revenue +11.9% year-over-year).
- 2013: Revenue of $319.9M, expenses of $331.6M, and assets of $292.4M (revenue -2.5% year-over-year).
- 2012: Revenue of $328.1M, expenses of $331.1M, and assets of $305.1M (revenue +6.3% year-over-year).
- 2011: Revenue of $308.6M, expenses of $317.7M, and assets of $279.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Maine Medical Center:
Data Sources and Methodology
This transparency report for Central Maine Medical Center 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.