Eastern Maine Healthcare Systems
Eastern Maine Healthcare Systems shows consistent revenue growth and asset accumulation with reported 0% officer compensation.
EIN: 10263628 · Pittsfield, ME · NTEE: E200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $62.5M |
| Total Expenses | $54.8M |
| Program Spending | 85% |
| Net Assets | $64.0M |
| Transparency Score | 85/100 |
Is Eastern Maine Healthcare Systems Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastern Maine Healthcare Systems directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastern Maine Healthcare Systems
Eastern Maine Healthcare Systems (EIN: 10263628) is a nonprofit organization based in Pittsfield, ME, classified under NTEE code E200. The organization reported total revenue of $62.5M and total assets of $87.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Maine Healthcare Systems's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastern Maine Healthcare Systems is a major nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $62.0M |
| Total Expenses | $54.8M |
| Surplus / Deficit | +$7.2M |
| Total Assets | $78.7M |
| Total Liabilities | $14.7M |
| Net Assets | $64.0M |
| Operating Margin | 11.5% |
| Debt-to-Asset Ratio | 18.7% |
| Months of Reserves | 17.2 months |
Financial Health Grade: A
In 2023, Eastern Maine Healthcare Systems reported a surplus of $7.2M with revenue exceeding expenses, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 18.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eastern Maine Healthcare Systems's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.0% | +5.3% | +14.4% |
| 2022 | +11.5% | +11.5% | +9.5% |
| 2021 | +25.7% | +11.0% | +5.3% |
| 2020 | +2.0% | +5.9% | +36.2% |
| 2019 | -38.3% | -39.1% | +8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Eastern Maine Healthcare Systems 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Eastern Maine Healthcare Systems 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $7.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, suggesting either a volunteer executive leadership or that compensation is categorized differently and not captured under 'Officer Comp'.
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 Eastern Maine Healthcare Systems's IRS 990 filings:
- Unclear executive compensation reporting (0% reported for 'Officer Comp' for an organization of this size warrants further scrutiny to understand actual executive remuneration).
Strengths
The following positive indicators were identified for Eastern Maine Healthcare Systems:
- Consistent revenue growth, from $44,278,663 in 2019 to $62,003,610 in 2023.
- Significant asset accumulation, increasing from $43,811,716 in 2019 to $78,730,150 in 2023.
- Healthy operating surplus, with revenue consistently exceeding expenses (e.g., $62,003,610 revenue vs. $54,843,948 expenses in 2023).
- Strong net asset growth, indicating robust financial health and sustainability.
- Consistent IRS 990 filing history over 13 periods, demonstrating regulatory compliance.
Frequently Asked Questions about Eastern Maine Healthcare Systems
Is Eastern Maine Healthcare Systems a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Maine Healthcare Systems (EIN: 10263628) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Eastern Maine Healthcare Systems spend its money?
Eastern Maine Healthcare Systems directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eastern Maine Healthcare Systems tax-deductible?
Eastern Maine Healthcare Systems is registered as a tax-exempt nonprofit (EIN: 10263628). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eastern Maine Healthcare Systems's spending goes to programs?
Eastern Maine Healthcare Systems directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Eastern Maine Healthcare Systems compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eastern Maine Healthcare Systems is above average for NTEE category E200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eastern Maine Healthcare Systems located?
Eastern Maine Healthcare Systems is headquartered in Pittsfield, Maine and files with the IRS under EIN 10263628. It is classified under NTEE code E200.
How many years of IRS 990 filings does Eastern Maine Healthcare Systems have?
Eastern Maine Healthcare Systems 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 $62.5M in total revenue.
How does Eastern Maine Healthcare Systems achieve 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with annual revenues exceeding $60 million. This could indicate that the executive leadership is entirely volunteer-based, or that compensation for key executives is reported under different expense categories (e.g., salaries and wages for employees) rather than specifically as 'Officer Comp' on the 990 form. Further investigation into the detailed expense schedules of the 990 would be necessary to clarify this.
What is the organization's primary program spending focus?
Based on the NTEE code E200 (General and Rehabilitative Hospitals), Eastern Maine Healthcare Systems' primary program spending focus would be on providing healthcare services, including general medical care, specialized treatments, and rehabilitative services to the community in Pittsfield, ME and surrounding areas. The consistent operating surplus and asset growth suggest capacity for these services.
How has the organization managed its liabilities over time?
Liabilities have fluctuated, peaking at $24,111,700 in 2020 and then decreasing to $14,716,227 in 2023. This indicates a proactive approach to managing debt and financial obligations, especially considering the significant asset growth during the same period.
What is the trend in the organization's net assets?
Net assets (Assets minus Liabilities) have shown a strong upward trend. For example, in 2019, net assets were approximately $32.4 million ($43.8M - $11.4M), growing to approximately $64 million ($78.7M - $14.7M) in 2023. This significant increase demonstrates strong financial health and the ability to build reserves and invest in its mission.
Filing History
IRS 990 filing history for Eastern Maine Healthcare Systems showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eastern Maine Healthcare Systems's revenue has grown by 9.3%, moving from $56.7M to $62.0M. Total assets increased by 155.5% over the same period, from $30.8M to $78.7M. Total functional expenses fell by 1.2%, from $55.5M to $54.8M. In its most recent filing year (2023), Eastern Maine Healthcare Systems reported a surplus of $7.2M, with revenue exceeding expenses. The organization holds $14.7M in liabilities against $78.7M in assets (debt-to-asset ratio: 18.7%), resulting in net assets of $64.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $62.0M | $54.8M | $78.7M | $14.7M | — | — |
| 2022 | $63.3M | $52.1M | $68.8M | $11.9M | — | View 990 |
| 2021 | $56.7M | $46.7M | $62.8M | $17.1M | — | View 990 |
| 2020 | $45.2M | $42.1M | $59.7M | $24.1M | — | — |
| 2019 | $44.3M | $39.8M | $43.8M | $11.4M | — | View 990 |
| 2018 | $71.8M | $65.3M | $40.6M | $12.4M | — | View 990 |
| 2017 | $69.6M | $63.7M | $37.3M | $15.3M | — | View 990 |
| 2016 | $68.1M | $66.0M | $43.7M | $16.7M | — | View 990 |
| 2015 | $64.6M | $62.6M | $44.5M | $19.3M | — | View 990 |
| 2014 | $60.9M | $57.7M | $44.3M | $19.9M | — | View 990 |
| 2013 | $55.7M | $53.3M | $42.0M | $20.3M | — | View 990 |
| 2012 | $57.5M | $56.7M | $32.1M | $12.8M | — | View 990 |
| 2011 | $56.7M | $55.5M | $30.8M | $12.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $62.0M, expenses of $54.8M, and assets of $78.7M (revenue -2.0% year-over-year).
- 2022: Revenue of $63.3M, expenses of $52.1M, and assets of $68.8M (revenue +11.5% year-over-year).
- 2021: Revenue of $56.7M, expenses of $46.7M, and assets of $62.8M (revenue +25.7% year-over-year).
- 2020: Revenue of $45.2M, expenses of $42.1M, and assets of $59.7M (revenue +2.0% year-over-year).
- 2019: Revenue of $44.3M, expenses of $39.8M, and assets of $43.8M (revenue -38.3% year-over-year).
- 2018: Revenue of $71.8M, expenses of $65.3M, and assets of $40.6M (revenue +3.2% year-over-year).
- 2017: Revenue of $69.6M, expenses of $63.7M, and assets of $37.3M (revenue +2.3% year-over-year).
- 2016: Revenue of $68.1M, expenses of $66.0M, and assets of $43.7M (revenue +5.4% year-over-year).
- 2015: Revenue of $64.6M, expenses of $62.6M, and assets of $44.5M (revenue +6.1% year-over-year).
- 2014: Revenue of $60.9M, expenses of $57.7M, and assets of $44.3M (revenue +9.2% year-over-year).
- 2013: Revenue of $55.7M, expenses of $53.3M, and assets of $42.0M (revenue -3.0% year-over-year).
- 2012: Revenue of $57.5M, expenses of $56.7M, and assets of $32.1M (revenue +1.3% year-over-year).
- 2011: Revenue of $56.7M, expenses of $55.5M, and assets of $30.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastern Maine Healthcare Systems:
Data Sources and Methodology
This transparency report for Eastern Maine Healthcare Systems 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.