Eastern Maine Healthcare Systems
Eastern Maine Healthcare Systems: Strong Assets, Inconsistent Revenue, and High Executive Compensation
EIN: 222514163 · Brewer, ME · NTEE: E200 · Updated: 2026-04-04
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 80% 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: 222514163) is a nonprofit organization based in Brewer, ME, classified under NTEE code E200. The organization reported total revenue of $18.7M and total assets of $100.3M 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 large 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 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.7M |
| Total Expenses | $14.8M |
| Surplus / Deficit | $-1,151,803 |
| Total Assets | $91.8M |
| Total Liabilities | $1.6M |
| Net Assets | $90.3M |
| Operating Margin | -8.4% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 74.4 months |
Financial Health Grade: B
In 2023, Eastern Maine Healthcare Systems reported a deficit of $1.2M with expenses exceeding revenue, holds 74.4 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (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 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.1% | -29.6% | +2.7% |
| 2022 | -40.1% | +43.2% | -8.6% |
| 2021 | +127.7% | -30.6% | +19.0% |
| 2020 | +36.7% | +61.1% | -6.9% |
| 2019 | +5.9% | +9.4% | +0.4% |
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 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Eastern Maine Healthcare Systems allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $1.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation appears high relative to the organization's revenue fluctuations, with the CEO's compensation reported at $1,481,574 in 2023, despite a significant drop in revenue from previous years.
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:
- Significant year-over-year revenue volatility, with 2023 revenue at $13,663,940 compared to $36,855,468 in 2021.
- High executive compensation relative to the organization's revenue and mission score.
- Accumulated deficit of $1,586,684 in 2023, indicating expenses exceeding revenues over time.
Strengths
The following positive indicators were identified for Eastern Maine Healthcare Systems:
- Substantial total assets of $91,838,799 in 2023, providing a strong financial base.
- Consistent reporting and transparency through publicly available Form 990 filings.
- Clear articulation of program services and community benefits provided.
- Low fundraising costs relative to overall expenses, suggesting efficient resource allocation for fundraising activities.
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: 222514163) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Eastern Maine Healthcare Systems spend its money?
Eastern Maine Healthcare Systems directs 80% 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: 222514163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Eastern Maine Healthcare Systems do?
Eastern Maine Healthcare Systems is a nonprofit organization in the Health Care sector, located in Brewer, Maine. It is classified under NTEE code E200.
How much revenue does Eastern Maine Healthcare Systems have?
Eastern Maine Healthcare Systems reported total revenue of $18,720,767. Based on 13 IRS 990 filings on record.
What are Eastern Maine Healthcare Systems's total assets?
Eastern Maine Healthcare Systems holds total assets of $100,274,404 as reported in IRS 990 filings.
Where is Eastern Maine Healthcare Systems located?
Eastern Maine Healthcare Systems is based in Brewer, Maine.
What is Eastern Maine Healthcare Systems's EIN?
Eastern Maine Healthcare Systems's Employer Identification Number (EIN) is 222514163. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Eastern Maine Healthcare Systems?
Eastern Maine Healthcare Systems is classified under NTEE code E200 (Health Care).
Is Eastern Maine Healthcare Systems a registered 501(c)(3)?
Yes, Eastern Maine Healthcare Systems is recognized as a tax-exempt organization by the IRS. EIN: 222514163.
Does Eastern Maine Healthcare Systems file IRS Form 990?
Yes, Eastern Maine Healthcare Systems has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Eastern Maine Healthcare Systems's revenue in 2023?
In the 202309 filing period, Eastern Maine Healthcare Systems reported total revenue of $13,663,940, total expenses of $14,815,743, and net assets of $91,838,799.
Is Eastern Maine Healthcare Systems's revenue growing or declining?
Eastern Maine Healthcare Systems's revenue is declining. Revenue went from $22,076,154 (202209) to $13,663,940 (202309), a -38.1% change. Based on 13 filings on record.
What is Eastern Maine Healthcare Systems's most recent 990 filing?
The most recent IRS Form 990 filing for Eastern Maine Healthcare Systems covers tax period 202309. It shows revenue of $13,663,940, expenses of $14,815,743, total assets of $91,838,799, and liabilities of $1,586,684.
How much does Eastern Maine Healthcare Systems spend on programs vs administration?
Based on IRS 990 analysis, Eastern Maine Healthcare Systems allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Eastern Maine Healthcare Systems a trustworthy charity?
Based on AI analysis of IRS 990 data, Eastern Maine Healthcare Systems appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 4 strengths noted.
What are the red flags for Eastern Maine Healthcare Systems?
The following concerns were identified: Significant year-over-year revenue volatility, with 2023 revenue at $13,663,940 compared to $36,855,468 in 2021.. High executive compensation relative to the organization's revenue and mission score.. Accumulated deficit of $1,586,684 in 2023, indicating expenses exceeding revenues over time.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Eastern Maine Healthcare Systems's strengths?
Positive indicators for Eastern Maine Healthcare Systems include: Substantial total assets of $91,838,799 in 2023, providing a strong financial base.. Consistent reporting and transparency through publicly available Form 990 filings.. Clear articulation of program services and community benefits provided.. Low fundraising costs relative to overall expenses, suggesting efficient resource allocation for fundraising activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Eastern Maine Healthcare Systems compensate executives?
Executive compensation appears high relative to the organization's revenue fluctuations, with the CEO's compensation reported at $1,481,574 in 2023, despite a significant drop in revenue from previous years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Eastern Maine Healthcare Systems?
- Financial statements are publicly available through IRS Form 990 filings. - Detailed program service accomplishments are provided, outlining community benefits and healthcare services. - Compensation policies for key employees are disclosed, including the process for determining salaries. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does Eastern Maine Healthcare Systems manage its significant asset base to mitigate the impact of its highly volatile revenue streams?
The organization's substantial assets, reaching over $91 million in 2023, likely provide a buffer against revenue fluctuations, allowing for continued operations and program delivery even in years with lower income. This asset base could be used for strategic investments or to cover operational shortfalls.
Given the reported accumulated deficit, what strategies are in place to ensure long-term financial sustainability without compromising program delivery?
While the accumulated deficit suggests past expenses have outpaced revenues, the organization's consistent program spending and asset base indicate a focus on mission. Strategies might include diversifying funding sources, optimizing operational efficiencies, or re-evaluating investment strategies to improve financial performance.
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 81.8%, moving from $7.5M to $13.7M. Total assets increased by 116% over the same period, from $42.5M to $91.8M. Total functional expenses rose by 116.8%, from $6.8M to $14.8M. In its most recent filing year (2023), Eastern Maine Healthcare Systems reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $91.8M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $90.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.7M | $14.8M | $91.8M | $1.6M | — | — |
| 2022 | $22.1M | $21.0M | $89.4M | $1.6M | — | — |
| 2021 | $36.9M | $14.7M | $97.8M | $2.2M | — | View 990 |
| 2020 | $16.2M | $21.2M | $82.2M | $1.2M | — | — |
| 2019 | $11.8M | $13.1M | $88.2M | $1.3M | — | View 990 |
| 2018 | $11.2M | $12.0M | $87.9M | $1.3M | — | View 990 |
| 2017 | $14.1M | $9.2M | $81.8M | $1.3M | — | View 990 |
| 2016 | $14.9M | $12.7M | $71.8M | $1.4M | — | View 990 |
| 2015 | $10.8M | $10.1M | $60.2M | $1.4M | — | View 990 |
| 2014 | $15.8M | $7.7M | $58.9M | $527K | — | View 990 |
| 2013 | $15.2M | $8.3M | $49.5M | $413K | — | View 990 |
| 2012 | $8.2M | $6.5M | $46.2M | $860K | — | View 990 |
| 2011 | $7.5M | $6.8M | $42.5M | $823K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.7M, expenses of $14.8M, and assets of $91.8M (revenue -38.1% year-over-year).
- 2022: Revenue of $22.1M, expenses of $21.0M, and assets of $89.4M (revenue -40.1% year-over-year).
- 2021: Revenue of $36.9M, expenses of $14.7M, and assets of $97.8M (revenue +127.7% year-over-year).
- 2020: Revenue of $16.2M, expenses of $21.2M, and assets of $82.2M (revenue +36.7% year-over-year).
- 2019: Revenue of $11.8M, expenses of $13.1M, and assets of $88.2M (revenue +5.9% year-over-year).
- 2018: Revenue of $11.2M, expenses of $12.0M, and assets of $87.9M (revenue -20.8% year-over-year).
- 2017: Revenue of $14.1M, expenses of $9.2M, and assets of $81.8M (revenue -5.2% year-over-year).
- 2016: Revenue of $14.9M, expenses of $12.7M, and assets of $71.8M (revenue +38.1% year-over-year).
- 2015: Revenue of $10.8M, expenses of $10.1M, and assets of $60.2M (revenue -31.9% year-over-year).
- 2014: Revenue of $15.8M, expenses of $7.7M, and assets of $58.9M (revenue +3.9% year-over-year).
- 2013: Revenue of $15.2M, expenses of $8.3M, and assets of $49.5M (revenue +86.4% year-over-year).
- 2012: Revenue of $8.2M, expenses of $6.5M, and assets of $46.2M (revenue +8.7% year-over-year).
- 2011: Revenue of $7.5M, expenses of $6.8M, and assets of $42.5M.
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.