Martins Point Health Care Inc is located in Portland, ME. The organization was established in 1982. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2019, Martins Point Health Care Inc employed 1,077 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Martins Point Health Care Inc generated $472.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $447.4m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Martins Point Health Care Inc has awarded 47 individual grants totaling $783,276. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR A DESCRIPTION OF THE ORGANIZATION'S MOST SIGNIFICANT ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF HEALTH PLAN SERVICES - PLEASE SEE NOT-FOR-PROFIT NARRATIVE STATEMENT FOR MARTIN'S POINT ON SCHEDULE O.
DELIVERY OF MEDICAL CARE - PLEASE SEE NOT-FOR-PROFIT NARRATIVE STATEMENT FOR MARTIN'S POINT ON SCHEDULE O.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David H Howes MD Chief Executive Officer | OfficerTrustee | 20 | $905,565 |
Sandra L Monfiletto Coo, Delivery Systems | 40 | $502,809 | |
Jeffrey Brown Cio, Interim CFO | Officer | 20 | $491,127 |
Jonathan Easton Harvey MD Chief Medical Officer | 40 | $473,314 | |
Teresa A Nizza Chief Human Resources Officer | 20 | $431,170 | |
Patrick Connolly MD Physician | 40 | $420,125 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Eastern Maine Medical Center Medical Services | 12/30/19 | $9,880,047 |
Maine Medical Center Medical Services | 12/30/19 | $23,569,690 |
Mary Hitchcock Memorial Hospital Medical Services | 12/30/19 | $7,928,121 |
Hca Health Services Of Nh Inc Medical Services | 12/30/19 | $6,861,359 |
Mid Coast Hospital Medical Services | 12/30/19 | $6,670,341 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $450,376,920 |
Investment income | $6,390,595 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $110,235 |
Net Gain/Loss on Asset Sales | $15,477,085 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $472,354,835 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $199,560 |
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. | $1,955,933 |
Compensation of current officers, directors, key employees. | $198,526 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $76,639,923 |
Pension plan accruals and contributions | $3,955,311 |
Other employee benefits | $11,324,300 |
Payroll taxes | $4,663,612 |
Fees for services: Management | $6,571,874 |
Fees for services: Legal | $1,664,548 |
Fees for services: Accounting | $166,527 |
Fees for services: Lobbying | $313,187 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $667,604 |
Fees for services: Other | $3,588,617 |
Advertising and promotion | $1,313,883 |
Office expenses | $4,122,481 |
Information technology | $6,696,104 |
Royalties | $0 |
Occupancy | $5,498,071 |
Travel | $290,237 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,358,619 |
Interest | $152,258 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,480,243 |
Insurance | $785,410 |
All other expenses | $0 |
Total functional expenses | $447,370,601 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $7,818 |
Savings and temporary cash investments | $37,160,928 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $9,751,383 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,192,353 |
Prepaid expenses and deferred charges | $5,483,958 |
Net Land, buildings, and equipment | $53,401,065 |
Investments—publicly traded securities | $162,163,804 |
Investments—other securities | $92,647,411 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,434,718 |
Total assets | $369,243,438 |
Accounts payable and accrued expenses | $62,796,957 |
Grants payable | $0 |
Deferred revenue | $537,461 |
Tax-exempt bond liabilities | $4,986,475 |
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 | $0 |
Total liabilities | $68,320,893 |
Net assets without donor restrictions | $300,922,545 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $369,243,438 |
Over the last fiscal year, Martins Point Health Care Inc has awarded $132,450 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
South Portland, ME PURPOSE: General support | $25,000 |
Scarborough, ME PURPOSE: Meals on Wheels program | $25,000 |
Portland, ME PURPOSE: General support | $24,837 |
Augusta, ME PURPOSE: General support | $18,496 |
Alexandria, VA PURPOSE: General support for Community Health Charities, Maine chapter | $13,117 |
Portland, ME PURPOSE: General support | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
Dartmouth-Hitchcock Clinic Lebanon, NH | $252,063,565 | $498,733,718 |
Martins Point Health Care Inc Portland, ME | $369,243,438 | $472,354,835 |
Penobscot Community Health Center Bangor, ME | $38,016,277 | $84,261,528 |
Amoskeag Health Manchester, NH | $10,849,640 | $20,080,252 |
Greater Seacoast Community Health Somersworth, NH | $15,722,262 | $19,874,176 |
Katahdin Valley Health Center Patten, ME | $31,606,827 | $24,390,887 |
Lamprey Health Care Inc Newmarket, NH | $13,511,466 | $18,419,645 |
Community Clinical Services Inc Lewiston, ME | $9,304,348 | $14,641,172 |
Ammonoosuc Community Health Services Inc Littleton, NH | $9,909,677 | $11,581,740 |
Health Access Network Inc Lincoln, ME | $8,007,460 | $10,479,855 |
St Joseph Ambulatory Care Inc Bangor, ME | $1,539,807 | $5,069,055 |
Eastport Health Care Inc Eastport, ME | $3,354,845 | $4,950,809 |
Create a Free Account