Blue Hill Memorial Hospital Inc
- Assets
- $34.0m
- Revenue
- $40.5m
- Investments
- $0.0
- Employees
- 307
- Location
- Blue Hill, ME
- Founding
- 04/1935
- Data as of
- 09/2020
- EIN
- 01-0227195
Organization Overview
Blue Hill Memorial Hospital Inc is located in Blue Hill, ME. The organization was established in 1935. 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 09/2021, Blue Hill Memorial Hospital Inc employed 307 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Hill Memorial Hospital Inc 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, Blue Hill Memorial Hospital Inc generated $40.5m 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 (6.7%) each year. All expenses for the organization totaled $37.6m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (7.5%) 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
BLUE HILL MEMORIAL HOSPITAL D/B/A NORTHERN LIGHT BLUE HILL HOSPITAL IS DEDICATED TO IMPROVING THE HEALTH AND WELLNESS OF OUR COMMUNITIES BY PROVIDING PRIMARY AND SPECIALTY HEALTH CARE OF OUTSTANDING QUALITY AND CARING FOR OUR PATIENTS WITH RESPECT AND COMPASSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
MEDICARE SHORTFALLS (AT COST)22,587 PERSONS SERVED.
CHARITY CARE PROVIDED (AT COST) 2021 PERSONS SERVED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Surapaneni Ramanadha Rao Surgeon | 50 | $781,929 | |
Richard Littlefield DO Ex-Officio | Trustee | 50 | $338,905 |
Dennis Desilvey Physician | 50 | $332,459 | |
Mike Murnik MD VP Senior Phys | Officer | 45 | $293,731 |
Charles J Zelnick Physician | 50 | $284,899 | |
Robert Baroody Physician | 50 | $238,120 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Emergency Physician Associates Inc Physician Fees | 9/29/21 | $2,611,895 |
Insight Health Corp Imaging Services | 9/29/21 | $124,470 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $572,123 |
| Investment income | $13,329 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$416 |
| Net Gain/Loss on Asset Sales | $10,607 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,461,149 |
| 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. | $1,455,581 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,795,319 |
| Pension plan accruals and contributions | $971,360 |
| Other employee benefits | $2,787,325 |
| Payroll taxes | $960,456 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35 |
| Fees for services: Accounting | $10,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,046,822 |
| Advertising and promotion | $75,052 |
| Office expenses | $786,249 |
| Information technology | $1,618,951 |
| Royalties | $0 |
| Occupancy | $778,132 |
| Travel | $32,491 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,187 |
| Interest | $78,827 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $701,083 |
| Insurance | $335,431 |
| All other expenses | $0 |
| Total functional expenses | $37,597,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,402,685 |
| Savings and temporary cash investments | $724,357 |
| Pledges and grants receivable | $84,317 |
| Accounts receivable, net | $4,371,447 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $209,290 |
| Prepaid expenses and deferred charges | $14,304 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,138,789 |
| Total assets | $34,017,992 |
| Accounts payable and accrued expenses | $6,751,146 |
| Grants payable | $0 |
| Deferred revenue | $6,113,996 |
| Tax-exempt bond liabilities | $0 |
| 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 | $6,244,659 |
| Total liabilities | $19,109,801 |
| 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 | $14,908,191 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Blue Hill Memorial Hospital Inc has recieved totaling $131,047.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $76,300 |
Davis Family Foundation Yarmouth, ME PURPOSE: Improved Technology for Better Outcomes: Hologic Selenia Dimensions 3-D Mammography Machine for Blue Hill Hospital | $25,000 |
Communities Foundation Of Texas Dallas, TX PURPOSE: THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT. | $10,000 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: General Hospitals | $8,500 |
Tua Louis & Leona Cleaves Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $7,119 |
Marion B Hamilton Trust Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $3,924 |
Endowment Analysis
| Beg. Balance | $815,838 |
| Earnings | $150,963 |
| Other Expense | $28,404 |
| Ending Balance | $938,397 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Littleton Hospital Association Littleton, NH | $118,195,564 | $100,362,959 |
Monadnock Community Hospital Peterborough, NH | $175,868,092 | $101,127,836 |
Maine Coast Regional Health Facilities Ellsworth, ME | $64,403,049 | $81,449,460 |
Memorial Hospital North Conway, NH | $121,250,571 | $92,264,207 |
Huggins Hospital Wolfeboro, NH | $178,261,759 | $92,166,408 |
Mount Desert Island Hospital Bar Harbor, ME | $84,300,625 | $94,579,483 |
Alice Peck Day Memorial Hospital Lebanon, NH | $121,000,117 | $84,355,521 |
Speare Memorial Hospital Plymouth, NH | $103,298,307 | $78,325,414 |
Androscoggin Valley Hospital Inc Berlin, NH | $96,834,885 | $76,927,619 |
The New London Hospital Association Inc New London, NH | $104,740,465 | $65,376,393 |
Weeks Medical Center Lancaster, NH | $93,203,469 | $69,251,055 |
Mid Coast Hospital Brunswick, ME | $0 | $59,625,535 |