Inland Hospital
- Assets
- $36.2m
- Revenue
- $73.4m
- Investments
- $0.0
- Employees
- 607
- Location
- Waterville, ME
- Founding
- 06/2005
- Data as of
- 09/2020
- EIN
- 01-0217211
Organization Overview
Inland Hospital is located in Waterville, ME. The organization was established in 2005. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Inland Hospital employed 607 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Inland 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 09/2020, Inland Hospital generated $73.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $76.3m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
INLAND HOSPITAL D/B/A NORTHERN LIGHT INLAND HOSPITAL OPERATES A 48-BED NON-PROFIT HOSPITAL AND OUTLYING CLINICS IN THE WATERVILLE AREA, THAT PROVIDES MEDICAL, SURGICAL, AND ACUTE CARE TO ALL, REGARDLESS OF ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HEALTHCARE SERVICES REGARDLESS OF ABILITY TO PAY AS WELL AS EDUCATION AND PROMOTION OF HEALTH. PROVIDED $1,367,444 OTHER UNCOMPENSATED CARE (AT COST).NORTHERN LIGHT INLAND HOSPITAL IS A 48-BED FACILITY THAT PROVIDES MEDICAL-SURGICAL, AND ACUTE CARE. NORTHERN LIGHT INLAND HOSPITAL IS A NON-PROFIT HOSPITAL, SERVING ALL WHO NEED CARE, REGARDLESS OF ABILITY TO PAY. NORTHERN LIGHT INLAND HOSPITAL ALSO HAS OUTLYING CLINICS IN THE REGION, ALLOWING EASIER ACCESS FOR PATIENTS.ADDITIONAL STATISTICS:TOTAL ADMISSIONS 1,627PERCENT OCCUPANCY OF AVAILABLE BEDS 27%EMERGENCY ROOM VISITS 8,848SURGERY CASES 2,447SERVICES PROVIDED TO THOSE WHO COULD NOT PAY $3,602,075
MEDICAID SHORTFALLS (AT COST). 27,916 PERSONS SERVED.
MEDICARE SHORTFALLS (AT COST). 29,583 PERSONS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Bradfield MD Board Member | Trustee | 40 | $420,398 |
Danielle P Gagnon Physician | 40 | $411,184 | |
Simon Gibbs Physician | 40 | $389,796 | |
James W Douglas Reg Med Info Ofcr | 40 | $366,229 | |
Julia W Karlsson Physician | 40 | $332,259 | |
Mark A Klemperer Physician | 40 | $324,704 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emergency Physician Associates Inc Phsician Fees-third Party | 9/29/21 | $2,548,651 |
Nurse Anesthesia Of Maine Prof Fees-crna | 9/29/21 | $830,538 |
Insight Health Corp P.s. X-ray Svcs | 9/29/21 | $417,960 |
Waterville Pediatrics Phsician Fees-p.s. | 9/29/21 | $375,356 |
Simplifi P.s. Temp Staff Exp | 9/29/21 | $333,929 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,839 |
| Investment income | $24,860 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,384 |
| Net Gain/Loss on Asset Sales | -$27,963 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,167 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $73,359,416 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,562,385 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $32,641,280 |
| Pension plan accruals and contributions | $404,621 |
| Other employee benefits | $4,775,883 |
| Payroll taxes | $1,932,740 |
| Fees for services: Management | $0 |
| Fees for services: Legal | -$50 |
| Fees for services: Accounting | $19,417 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $533 |
| Fees for services: Other | $13,630,318 |
| Advertising and promotion | $270,909 |
| Office expenses | $1,383,990 |
| Information technology | $3,016,674 |
| Royalties | $0 |
| Occupancy | $2,606,089 |
| Travel | $39,066 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $78,720 |
| Interest | $442,814 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,635,996 |
| Insurance | $850,116 |
| All other expenses | $0 |
| Total functional expenses | $76,273,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,950 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $16,260 |
| Accounts receivable, net | $13,200,202 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $648,527 |
| Prepaid expenses and deferred charges | $152,829 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $45,795 |
| Other assets | $7,997,277 |
| Total assets | $36,158,496 |
| Accounts payable and accrued expenses | $13,897,574 |
| Grants payable | $0 |
| Deferred revenue | $5,723,783 |
| Tax-exempt bond liabilities | $2,769,064 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $11,948,837 |
| Total liabilities | $34,339,258 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,819,238 |
Grants Awarded
Over the last fiscal year, Inland Hospital has awarded $12,595 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF WATERVILLE PURPOSE: Water and Trail Enhancements | $7,500 |
Waterville, ME PURPOSE: To purchase 1 commercial fridge. | $5,095 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Inland Hospital has recieved totaling $432,322.
| Awarding Organization | Amount |
|---|---|
Northern Light Health Foundation Brewer, ME PURPOSE: General support | $432,322 |
Endowment Analysis
| Beg. Balance | $1,818,168 |
| Earnings | $311,022 |
| Net Contributions | $1,000 |
| Other Expense | $12,312 |
| Ending Balance | $2,117,878 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Maine Medical Center Bangor, ME | $1,005,801,244 | $940,831,284 |
Lrghealthcare Manchester, NH | $149,103,564 | $184,765,489 |
The Aroostook Medical Center Presque Isle, ME | $82,703,031 | $151,749,545 |
Inland Hospital Waterville, ME | $36,158,496 | $73,359,416 |
Northern Maine Medical Center Fort Kent, ME | $77,654,286 | $71,628,259 |
Concord Hospital - Laconia Concord, NH | $50,420,745 | $53,154,882 |
Acadia Hospital Corp Brewer, ME | $44,827,005 | $62,873,016 |
Mrh Corp Brewer, ME | $37,605,393 | $60,251,570 |
Sebasticook Valley Health Pittsfield, ME | $62,811,701 | $56,748,491 |
Pines Health Services Caribou, ME | $7,660,342 | $25,489,346 |
Penobscot Valley Hospital Lincoln, ME | $10,665,595 | $23,475,356 |
Charles A Dean Memorial Hospital Greenville, ME | $24,475,739 | $25,328,153 |