Mid Coast Hospital

Organization Overview

Mid Coast Hospital is located in Brunswick, 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 09/2020, Mid Coast Hospital employed 1,873 individuals.

For the year ending 09/2020, Mid Coast Hospital generated $223.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $233.7m during the year ending 09/2020. While expenses have increased by 4.6% per year over the past 5 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

ACUTE AND SPECIALTY CARE HOSPITAL

Describe the Organization's Program Activity:

Part 3 - Line 4a

ACUTE AND SPECIALTY HEALTH CARE SERVICES WERE PROVIDED TO RESIDENTS OF THE MID-COAST MAINE AREA. CHARITY CARE WAS PROVIDED TO THOSE PATIENTS WHO DID NOT HAVE THE ABILITY TO PAY FOR MEDICAL SERVICES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Spectrum Healthcare Partners
Pathology Services
$273,344
Midcoast Linen Llc
Laundry Services
$425,024
Crooker Construction Llc
Landscaping Services
$209,911
Innovative Business Technology
Collection Services
$1,415,585
Bluewater Emergency Partners Of Brunswic
Staffing Support
$1,824,823
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$28,431
Related organizations$136,116
Government grants $12,354,876
All other contributions, gifts, grants, and similar amounts not included above$616,940
Noncash contributions included in lines 1a–1f $53,786
Total Revenue from Contributions, Gifts, Grants & Similar$13,136,363
Total Program Service Revenue$203,706,935
Investment income $2,811,988
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $17,520
Net Gain/Loss on Asset Sales $3,676,805
Net Income from Fundraising Events -$4,636
Net Income from Gaming Activities $3,422
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $223,348,397

Grants Awarded

Over the last fiscal year, Mid Coast Hospital has awarded $31,625 in support to 5 organizations.

Grant RecipientAmount

MAINE STATE MUSIC THEATER

Org PageRecipient Profile

Brunswick, ME

PURPOSE: General Support

$8,300

BRUNSWICK DOWNTOWN ASSOCIATION

Org PageRecipient Profile

Brunswick, ME

PURPOSE: General Support

$8,175

Bath, ME

PURPOSE: General Support

$5,150

Brunswick, ME

PURPOSE: General Support

$5,000

SOUTHERN MIDCOAST MAINE CHAMBER

PURPOSE: General Support

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Mid Coast Hospital has recieved totaling $29,508.

Awarding OrganizationAmount
Messier-Costain Foundation 0011961170

Bridgeport, CT

PURPOSE: CONTRIBUTION

$13,048
Amyotrophic Lateral Sclerosis Assn

Arlington, VA

PURPOSE: SALARIES OF SOCIAL WORKER AND DIETICIAN

$5,460
Maine Cancer Foundation

Falmouth, ME

PURPOSE: To provide Covid-19 relief funds.

$5,000
Moser Family Foundation Inc

Baltimore, MD

PURPOSE: GENERAL PURPOSES

$5,000
Charles L Read Foundation

Bayshore, NY

PURPOSE: FOR PURCHASE OF CAPITAL ITEMS

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$35,123,951
Earnings$2,447,575
Net Contributions$120,122
Other Expense$63,912
Ending Balance$37,627,736

Peer Organizations

Organization NameAssets
Concord Hospital Inc
Concord, NH
$555,720,109
Elliot Hospital Of The City Of Manchester
Manchester, NH
$503,607,421
Catholic Medical Center
Manchester, NH
$459,237,683
Central Maine Medical Center
Lewiston, ME
$396,713,032
Exeter Hospital Inc
Exeter, NH
$303,921,048
Cheshire Medical Center
Keene, NH
$225,659,551
St Joseph Hospital Of Nashua Nh
Nashua, NH
$242,203,849
St Marys Regional Medical Center
Lewiston, ME
$235,124,353
Mid Coast Hospital
Brunswick, ME
$223,348,397
Southern New Hampshire Medical Center
Nashua, NH
$262,407,741
Mercy Hospital
Portland, ME
$236,348,099
York Hospital
York, ME
$199,699,345

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