Mid Coast Hospital
Mid Coast Hospital shows consistent revenue growth and strong asset base with no reported officer compensation in 990 filings.
EIN: 10215911 · Brunswick, ME · NTEE: E220 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $227.5M |
| Total Expenses | $228.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200 |
| Net Assets | $149.6M |
| Transparency Score | 85/100 |
Is Mid Coast Hospital Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mid Coast Hospital directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mid Coast Hospital
Mid Coast Hospital (EIN: 10215911) is a nonprofit organization based in Brunswick, ME, classified under NTEE code E220. The organization reported total revenue of $227.5M and total assets of $233.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid Coast Hospital's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mid Coast Hospital is a major nonprofit that has been operating for 86 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $239.5M |
| Total Expenses | $228.8M |
| Surplus / Deficit | +$10.8M |
| Total Assets | $212.7M |
| Total Liabilities | $63.2M |
| Net Assets | $149.6M |
| Operating Margin | 4.5% |
| Debt-to-Asset Ratio | 29.7% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2019, Mid Coast Hospital reported a surplus of $10.8M with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 29.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2011–2019), Mid Coast Hospital's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +11.6% | +9.7% | +3.9% |
| 2018 | +7.1% | +6.7% | +3.0% |
| 2017 | +5.0% | +4.7% | +7.7% |
| 2016 | +14.2% | +17.0% | +3.9% |
| 2015 | +13.2% | +13.6% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1940 |
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 Mid Coast Hospital 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Mid Coast Hospital allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.7%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization with over $200 million in annual revenue and suggests that executive salaries may be reported elsewhere or structured differently, requiring further investigation for a complete picture.
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 Mid Coast Hospital's IRS 990 filings:
- Unclear executive compensation reporting (0% officer comp for large organization)
Strengths
The following positive indicators were identified for Mid Coast Hospital:
- Consistent revenue growth over a decade (from $122.9M in 2011 to $239.5M in 2019)
- Strong and growing asset base ($233.2M latest assets)
- Healthy financial reserves (assets significantly exceed liabilities)
- Consistent operational surplus (revenue generally exceeds expenses)
Frequently Asked Questions about Mid Coast Hospital
Is Mid Coast Hospital a legitimate charity?
Based on AI analysis of IRS 990 filings, Mid Coast Hospital (EIN: 10215911) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Mid Coast Hospital spend its money?
Mid Coast Hospital directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mid Coast Hospital tax-deductible?
Mid Coast Hospital is registered as a tax-exempt nonprofit (EIN: 10215911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mid Coast Hospital CEO make?
Mid Coast Hospital's highest-compensated officer earns $200 annually. The organization reported $227.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Mid Coast Hospital's spending goes to programs?
Mid Coast Hospital directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mid Coast Hospital compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Mid Coast Hospital 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 Mid Coast Hospital located?
Mid Coast Hospital is headquartered in Brunswick, Maine and files with the IRS under EIN 10215911. It is classified under NTEE code E220.
How many years of IRS 990 filings does Mid Coast Hospital have?
Mid Coast Hospital has 9 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 $227.5M in total revenue.
How does Mid Coast Hospital manage executive compensation, given the 0% reported in 990 filings?
The consistent reporting of 0% officer compensation across all available IRS 990 filings for Mid Coast Hospital, an organization with over $200 million in annual revenue, suggests that executive compensation may be reported under different categories (e.g., as part of general salaries and wages) or structured in a way that it does not appear in the 'officer compensation' section of the 990. This warrants further review of the full 990 forms, specifically Schedule J, to understand the complete compensation structure for key employees.
What is the trend in Mid Coast Hospital's net assets over the past decade?
Mid Coast Hospital has shown a strong upward trend in net assets. From 2011 to 2019, assets grew from $139.7 million to $212.7 million, while liabilities remained relatively stable. The latest reported assets are $233.2 million, indicating a healthy and growing financial reserve.
Is Mid Coast Hospital financially stable?
Yes, Mid Coast Hospital appears financially stable. Its assets have consistently grown, reaching $233.2 million, significantly exceeding its liabilities. Revenue has also shown consistent growth, from $122.9 million in 2011 to $239.5 million in 2019, demonstrating a robust financial foundation.
Filing History
IRS 990 filing history for Mid Coast Hospital showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Mid Coast Hospital's revenue has grown by 94.9%, moving from $122.9M to $239.5M. Total assets increased by 52.3% over the same period, from $139.7M to $212.7M. Total functional expenses rose by 99.8%, from $114.5M to $228.8M. In its most recent filing year (2019), Mid Coast Hospital reported a surplus of $10.8M, with revenue exceeding expenses. The organization holds $63.2M in liabilities against $212.7M in assets (debt-to-asset ratio: 29.7%), resulting in net assets of $149.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $239.5M | $228.8M | $212.7M | $63.2M | — | View 990 |
| 2018 | $214.6M | $208.6M | $204.7M | $65.2M | — | View 990 |
| 2017 | $200.3M | $195.5M | $198.7M | $66.2M | — | View 990 |
| 2016 | $190.7M | $186.8M | $184.4M | $60.1M | — | View 990 |
| 2015 | $166.9M | $159.7M | $177.6M | $59.4M | — | View 990 |
| 2014 | $147.4M | $140.5M | $169.9M | $56.9M | — | View 990 |
| 2013 | $136.5M | $130.6M | $160.7M | $56.4M | — | View 990 |
| 2012 | $126.2M | $123.1M | $147.8M | $50.6M | — | View 990 |
| 2011 | $122.9M | $114.5M | $139.7M | $48.8M | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $239.5M, expenses of $228.8M, and assets of $212.7M (revenue +11.6% year-over-year).
- 2018: Revenue of $214.6M, expenses of $208.6M, and assets of $204.7M (revenue +7.1% year-over-year).
- 2017: Revenue of $200.3M, expenses of $195.5M, and assets of $198.7M (revenue +5.0% year-over-year).
- 2016: Revenue of $190.7M, expenses of $186.8M, and assets of $184.4M (revenue +14.2% year-over-year).
- 2015: Revenue of $166.9M, expenses of $159.7M, and assets of $177.6M (revenue +13.2% year-over-year).
- 2014: Revenue of $147.4M, expenses of $140.5M, and assets of $169.9M (revenue +8.0% year-over-year).
- 2013: Revenue of $136.5M, expenses of $130.6M, and assets of $160.7M (revenue +8.2% year-over-year).
- 2012: Revenue of $126.2M, expenses of $123.1M, and assets of $147.8M (revenue +2.7% year-over-year).
- 2011: Revenue of $122.9M, expenses of $114.5M, and assets of $139.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mid Coast Hospital:
Data Sources and Methodology
This transparency report for Mid Coast Hospital 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.