Birch Bay Retirement Village
- Assets
- $6.3m
- Revenue
- $5.7m
- Investments
- $0.0
- Employees
- 99
- Location
- Bar Harbor, ME
- Founding
- 08/2003
- Data as of
- 04/2022
- EIN
- 01-0481696
Organization Overview
Birch Bay Retirement Village is located in Bar Harbor, ME. The organization was established in 2003. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 04/2022, Birch Bay Retirement Village employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Birch Bay Retirement Village 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 04/2022, Birch Bay Retirement Village generated $5.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $5.3m during the year ending 04/2022. While expenses have increased by 2.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RETIREMENT COMMUNITY OFFERING 32 ASSISTED LIVING SUITES AND 23 INDEPENDENT LIVING APARTMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED LIVING: BIRCH BAY RETIREMENT VILLAGE IS COMPRISED OF 32 ASSISTED LIVING SUITES AND 23 INDEPENDENT LIVING APARTMENTS, FOR A TOTAL OF 55 RESIDENCE UNITS.
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 |
|---|---|---|---|
Peter Sullivan Executive Director | Officer | 40 | $113,041 |
Harriet Whittington Vice Chair (end 10/2021) | OfficerTrustee | 1 | $0 |
Enoch Albert Vice Chair (end 8/21); Chair | OfficerTrustee | 1 | $0 |
Terry Wagner Vice Chair | OfficerTrustee | 1 | $0 |
Richard R Fox Chair (end 8/2021) | OfficerTrustee | 1 | $0 |
Christina J Maguire President & CEO | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $8,234 |
| Related organizations | $0 |
| Government grants | $188,093 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,104 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $208,431 |
| Total Program Service Revenue | $5,478,348 |
| Investment income | $29,620 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,514 |
| Net Income from Gaming Activities | $416 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,713,301 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $150,054 |
| Compensation of current officers, directors, key employees. | $127,546 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,675,277 |
| Pension plan accruals and contributions | $39,974 |
| Other employee benefits | $568,305 |
| Payroll taxes | $201,235 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $235 |
| Fees for services: Accounting | $87,070 |
| Fees for services: Lobbying | $150 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,720 |
| Advertising and promotion | $19,640 |
| Office expenses | $114,615 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $362,734 |
| Travel | $14,155 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,576 |
| Interest | $254,553 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $374,772 |
| Insurance | $31,069 |
| All other expenses | $0 |
| Total functional expenses | $5,318,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $179,474 |
| Savings and temporary cash investments | $834,336 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $122,876 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,322 |
| Net Land, buildings, and equipment | $4,893,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $130,000 |
| Other assets | $130,083 |
| Total assets | $6,319,891 |
| Accounts payable and accrued expenses | $622,243 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $5,406,760 |
| 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 | $1,872,327 |
| Total liabilities | $7,901,330 |
| Net assets without donor restrictions | -$1,614,025 |
| Net assets with donor restrictions | $32,586 |
| 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 | $6,319,891 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Birch Bay Retirement Village has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Edward And Mary Ellen Darling Family Foundation Brewer, ME PURPOSE: SPONSORSHIP | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Birch Bay Retirement Village Bar Harbor, ME | $6,319,891 | $5,713,301 |
Mid Coast Hunger Prevention Program Inc Brunswick, ME | $3,968,249 | $4,595,930 |
Onion Foundation Wayne, ME | $0 | $6,147,695 |
Home Health Care And Community Services Inc Keene, NH | $19,374,838 | $5,076,272 |
National Partnership For Environmental Technology Education South Portland, ME | $643,333 | $2,940,774 |
Plowshare Farm Inc Greenfield, NH | $6,398,748 | $2,051,436 |
Androscoggin Valley Home Care Services Berlin, NH | $661,119 | $984,451 |
Maine Center For Enterprise Development Portland, ME | $380,716 | $1,053,182 |
New Hampshire Alcohol And Drug Abuse Counselors Association Concord, NH | $217,356 | $700,557 |
Salt Pond Community Broadcasting Company East Orland, ME | $732,028 | $749,368 |
New Hampshire East Youth Hockey Exeter, NH | $419,438 | $399,540 |
Oxford County Agricultural Society Norway, ME | $475,362 | $318,915 |