Mount Desert Island Hospital

Organization Overview

Mount Desert Island Hospital is located in Bar Harbor, ME. The organization was established in 1940. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 04/2022, Mount Desert Island Hospital employed 541 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Desert Island Hospital is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 04/2022, Mount Desert Island Hospital generated $94.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $79.5m during the year ending 04/2022. While expenses have increased by 5.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

CRITICAL ACCESS HOSPITAL, PROVIDING MEDICAL & HEALTHCARE SERVICES LOCATED IN BAR HARBOR, ME.

Describe the Organization's Program Activity:

IN FISCAL YEAR 2022, MOUNT DESERT ISLAND (MDI) HOSPITAL PROVIDED $5,191,894 IN SERVICES FOR WHICH NO COMPENSATION WAS EXPECTED OR RECEIVED. FINANCIAL ASSISTANCE POLICIES EXIST TO PROVIDE RELIEF FOR THOSE WHO CANNOT PAY FOR MEDICAL CARE. MDI HOSPITAL PROVIDES CARE TO PERSONS COVERED BY GOVERNMENTAL PROGRAMS INCLUDING MEDICARE, MEDICAID, VA, AND CHAMPUS. THE UNREIMBURSED VALUE FOR PROVIDING CARE TO THESE PATIENTS APPROXIMATES $903,620. THE HOSPITAL CONTINUES TO PROVIDE A NUMBER OF HEALTH SERVICES AND PREVENTATIVE HEALTH PROGRAMS TO THE COMMUNITY. AVAILABLE PROGRAMS INCLUDE CARDIAC PULMONARY REHABILITATION, CARE COORDINATION, WELLNESS PROGRAMS, DIABETES EDUCATION, ANNUAL WELLNESS EXAMS, NUTRITION COUNSELING, PARENTING, PREGNANCY AND SIBLING CLASSES, PHYSICAL AND OCCUPATIONAL THERAPY PROGRAMS, SPEECH THERAPY, MEDICATION THERAPY MANAGEMENT, HEALTH COACHING, CARE MANAGEMENT, COAGULATION MANAGEMENT, FINANCIAL AND INSURANCE WORKSHOPS, AND OUR ORAL HEALTH PROGRAM WHICH INCLUDED EDUCATION AND OUTREACH TO THE COMMUNITY, SCHOOLS, AND SERVICE PROVIDERS. THE HOSPITAL PROVIDES VOLUNTEERS AS CERTIFIED APPLICATION COUNSELORS TO HELP ENROLL AND EDUCATE MEMBERS OF OUR COMMUNITY INTO THE HEALTH INSURANCE EXCHANGE OPTIONS. THROUGHOUT THE YEAR, STAFF FROM THE HOSPITAL MAKE PRESENTATIONS TO AREA SCHOOL CHILDREN REGARDING SMOKING CESSATION, WELLNESS, HEALTH, ACTIVITY, NUTRITION, AND ORAL HEALTH, INCLUDING GIVE KIDS A SMILE DAY, IN WHICH FREE OR REDUCED COST SCREENINGS ARE AVAILABLE. ADDITIONALLY, COMMUNITY GROUPS SUCH AS THE YMCA, ALCOHOLICS ANONYMOUS, CANCER SUPPORT, AND PALLIATIVE CARE USE THE HOSPITAL'S CONFERENCE ROOMS FOR THEIR MEETINGS. MANY HOSPITAL STAFF MEMBERS SERVE OTHER NONPROFITS IN CAPACITIES SUCH AS VOLUNTEER HOURS AND BOARD OF DIRECTORS' MEMBERSHIPS, AS WELL AS MEMBERSHIPS IN SERVICE ORGANIZATIONS SUCH AS THE LOCAL HEALTHY ACADIA, ROTARY, CHAMBER OF COMMERCE, AND LIONS/LIONESS CLUBS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Triage Llc
Healthcare Consultancy
$376,271
Therapy Partners Llc
Physical Therapy Services
$918,369
Eclinicalworks
Software Support And Solutions
$204,202
Surapeneni P Ramanadha Rao
Physician Services
$315,000
Baker Newman & Noyes
Tax And Audit Services
$134,079
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $5,251,811
All other contributions, gifts, grants, and similar amounts not included above$5,503,239
Noncash contributions included in lines 1a–1f $155,447
Total Revenue from Contributions, Gifts, Grants & Similar$10,755,050
Total Program Service Revenue$80,120,830
Investment income $1,118,071
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $13,127
Net Gain/Loss on Asset Sales $2,572,405
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $94,579,483

Grants Recieved

Over the last fiscal year, we have identified 35 grants that Mount Desert Island Hospital has recieved totaling $1,954,243.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$1,131,200
Diana Davis Spencer Foundation

Bethesda, MD

PURPOSE: GENERAL SUPPORT

$300,000
Cornolia Cogswell Rossi Foundation Inc

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$75,000
Davis Family Foundation

Yarmouth, ME

PURPOSE: Fixed-Place MRI Project

$50,000
Pershing Square Foundation

New York, NY

PURPOSE: GENERAL SUPPORT

$50,000
Edward B Mears Ud 4-12-35

Pittsburgh, PA

PURPOSE: GENERAL OPERATING

$30,875
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,847,696
Earnings-$1,133,936
Admin Expense$24,445
Net Contributions$3,675,585
Ending Balance$12,364,900

Peer Organizations

Organization NameAssets
Concord Hospital Inc
Concord, NH
$622,809,517
Elliot Hospital Of The City Of Manchester
Manchester, NH
$594,778,887
Catholic Medical Center
Manchester, NH
$548,724,237
Central Maine Medical Center
Lewiston, ME
$415,757,957
Exeter Hospital Inc
Exeter, NH
$318,717,288
Southern New Hampshire Medical Center
Nashua, NH
$313,798,950
St Marys Regional Medical Center
Lewiston, ME
$248,635,435
St Joseph Hospital Of Nashua Nh
Nashua, NH
$272,191,009
Mercy Hospital
Portland, ME
$253,284,486
Cheshire Medical Center
Keene, NH
$247,398,804
York Hospital
York, ME
$221,452,190
St Joseph Hospital
Bangor, ME
$183,023,757

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