Acadia Hospital Corp
- Assets
- $44.8m
- Revenue
- $62.9m
- Investments
- $0.0
- Employees
- 818
- Location
- Brewer, ME
- Founding
- 06/2005
- Data as of
- 09/2020
- EIN
- 01-0459837
Organization Overview
Acadia Hospital Corp is located in Brewer, 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, Acadia Hospital Corp employed 818 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Acadia Hospital Corp 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, Acadia Hospital Corp generated $62.9m 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 (8.2%) each year. All expenses for the organization totaled $56.3m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (9.3%) 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
THE PRIMARY MISSION AND SIGNIFICANT ACTIVITIES OF ACADIA HOSPITAL, CORP. D/B/A NORTHERN LIGHT ACADIA HOSPITAL ARE THE PROVISION OF INPATIENT AND OUTPATIENT PSYCHIATRIC AND MENTAL HEALTH SERVICES TO CHILDREN, ADOLESCENTS, AND ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHERN LIGHT ACADIA HOSPITAL'S 36-BED ADULT INPATIENT SERVICE PROVIDED 10,265 PATIENT DAYS OF CARE TO 695 PATIENTS. PATIENTS ARE REFERRED PRIMARILY FROM A LARGE, NINE COUNTY AREA OF NORTHERN, EASTERN, AND CENTRAL MAINE.
NORTHERN LIGHT ACADIA HOSPITAL'S 32-BED CHILD AND ADOLESCENT INPATIENT SERVICE PROVIDED 10,550 PATIENT DAYS OF CARE TO 465 PATIENTS.
THE ADULT OUTPATIENT CLINIC PROVIDED THE FOLLOWING NUMBER OF PATIENT ENCOUNTERS: 9,274 - INTENSIVE OUTPATIENT PROGRAM; 20,199 MEDICATION MANAGEMENT; 21,400 THERAPY AND 4,597 GERIATRIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Oxley Svp, President | OfficerTrustee | 50 | $455,849 |
Mark Allen Physician-Psychiat | 40 | $384,620 | |
John Campbell MD Ex-Officio | OfficerTrustee | 50 | $371,572 |
Charmaine Patel Medical Director | 40 | $342,734 | |
Joshua Newman Medical Director | 40 | $327,741 | |
Clifford Singer Chief-Geri Psych | 40 | $319,367 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Massachusetts General Physicians Organization Phys & Leadership Svcs | 9/29/21 | $214,311 |
Securitas Sec Svs Usa Inc Security Services | 9/29/21 | $197,657 |
Locumtenenscom Physician Services | 9/29/21 | $993,243 |
Simplifi Rn Services | 9/29/21 | $277,381 |
Augmedix Inc Scribing Services | 9/29/21 | $176,472 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $252,396 |
| Investment income | $59,197 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,821 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,873,016 |
| 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. | $1,678,855 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,992,175 |
| Pension plan accruals and contributions | $1,879,647 |
| Other employee benefits | $5,824,359 |
| Payroll taxes | $2,217,352 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,091 |
| Fees for services: Accounting | $9,128 |
| Fees for services: Lobbying | $159 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,414 |
| Fees for services: Other | $4,885,342 |
| Advertising and promotion | $45,960 |
| Office expenses | $1,229,196 |
| Information technology | $2,283,597 |
| Royalties | $0 |
| Occupancy | $714,186 |
| Travel | $55,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $59,345 |
| Interest | $55,948 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $820,133 |
| Insurance | $412,722 |
| All other expenses | $0 |
| Total functional expenses | $56,344,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,477,833 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,959,410 |
| Loans from Officers, Directors, or Controlling Persons | $2,496 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $43,444 |
| Inventories for sale or use | $89,000 |
| Prepaid expenses and deferred charges | $110,849 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $778,165 |
| Total assets | $44,827,005 |
| Accounts payable and accrued expenses | $8,258,052 |
| Grants payable | $0 |
| Deferred revenue | $1,047,384 |
| Tax-exempt bond liabilities | $47,491 |
| 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 | $14,543,110 |
| Total liabilities | $23,896,037 |
| 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 | $20,930,968 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Acadia Hospital Corp has recieved totaling $83,428.
| Awarding Organization | Amount |
|---|---|
Northern Light Health Foundation Brewer, ME PURPOSE: General Support | $73,428 |
Maine Community Foundation Inc Ellsworth, ME PURPOSE: Psychiatric Hospitals | $10,000 |
Endowment Analysis
| Beg. Balance | $494,724 |
| Earnings | $80,931 |
| Net Contributions | $201,850 |
| Other Expense | $15,426 |
| Ending Balance | $762,079 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Northern Light Health Foundation Brewer, ME | $97,816,251 | $36,855,468 |
Acadia Healthcare Inc Brewer, ME | $7,882,970 | $13,906,931 |
Mid Coast Geriatric Services Corp Brunswick, ME | $17,645,698 | $9,510,615 |