Eastport Memorial Hospital

Organization Overview

Eastport Memorial Hospital, operating under the name Eastport Memorial Nursing Home, is located in Eastport, ME. The organization was established in 1945. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Eastport Memorial Nursing Home employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastport Memorial Nursing Home 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 12/2021, Eastport Memorial Nursing Home generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 3.9% 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 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

INSPIRED BY OUR CORE VALUES OF DIGNITY AND RESPECT, EASTPORT MEMORIAL NURSING HOME IS COMMITTED TO PROVIDING THE HIGHEST QUALITY OF CARE IN A SAFE, LOVING, COMPASSIONATE AND HOME-LIKE ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE NURSING HOME IS TO OFFER LONG TERM, RESPITE CARE TO THE RESIDENTS OF THE CITY OF EASTPORT AND THE SURROUNDING COMMUNITIES. RESIDENTS OF THE COMMUNITY WITH HEALTH CARE ISSUES THAT REQUIRE NURSING HOME SERVICES ARE ABLE TO STAY IN THEIR COMMUNITY AND RECEIVE THE SERVICES PROVIDED BY EASTPORT MEMORIAL NURSING HOME. THE SECOND PURPOSE OF THE HOME IS TO EMPLOY PROFESSIONALS AND NONPROFESSIONALS FROM EASTPORT AND THE SURROUNDING AREA. THE HOME HAS BEEN ABLE TO SUCCESSFULLY EMPLOY ON AVERAGE 50 HEALTH CARE WORKERS, WHICH INCLUDE LICENSED NURSES, CERTIFIED NURSING ASSISTANTS, ADMINISTRATIVE PERSONNEL, HOUSEKEEPING, LAUNDRY AND MAINTENANCE PERSONNEL. THESE POSITIONS ARE YEAR-ROUND AND RELATIVELY SAFE FROM ECONOMIC SWINGS THAT OTHER INDUSTRIES FACE.


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Board, Officers & Key Employees

Name (title)Compensation
Camela Deschene
Administrator
$100,504
Kevin Raye
President
$0
Tessa Ftorek
Vice President
$0
Chris Brown
VP Of Investments
$0
Jack Reece
Treasurer
$0
Melissa Mitchell
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $74,600
All other contributions, gifts, grants, and similar amounts not included above$65,710
Noncash contributions included in lines 1a–1f $56,000
Total Revenue from Contributions, Gifts, Grants & Similar$140,310
Total Program Service Revenue$2,539,619
Investment income $33,450
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$388
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,712,991

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Eastport Memorial Hospital has recieved totaling $100.

Awarding OrganizationAmount
Lamb Weston Charitable Foundation

Eagle, ID

PURPOSE: COMMUNITY SUPPORT

$100
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,906,874
Earnings$149,738
Other Expense$51,400
Ending Balance$2,005,212

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