Healthreach Community Health Centers
- Assets
- $25.5m
- Revenue
- $29.8m
- Investments
- $0.0
- Employees
- 295
- Location
- Waterville, ME
- Founding
- 05/1967
- Data as of
- 12/2021
- EIN
- 01-6023664
Organization Overview
Healthreach Community Health Centers is located in Waterville, ME. The organization was established in 1967. As of 12/2021, Healthreach Community Health Centers employed 295 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthreach Community Health Centers 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 12/2021, Healthreach Community Health Centers generated $29.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $26.3m during the year ending 12/2021. While expenses have increased by 5.4% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL SERVICES IN THE UNDERSERVED COMMUNITIES OF CENTRAL AND WESTERN MAINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHREACH COMMUNITY HEALTH CENTERS (THE CENTERS) PROVIDE ACCESSIBLE AND AFFORDABLE HEALTH CARE IN MAINE'S RURAL COMMUNITIES. THE CENTERS HAVE 11 PRIMARY CARE SITES STAFFED BY PROFESSIONALS WHO SPECIALIZE IN FAMILY PRACTICE MEDICINE SERVING PATIENTS OF ALL AGES. ALL SITES ALSO OFFER BEHAVIORAL HEALTH SERVICES, PSYCHIATRIC MEDICATION MANAGEMENT SERVICES, PRESCRIPTION ASSISTANCE, AND SUPPORT FOR PATIENTS IN ADDRESSING THEIR SOCIAL NEEDS SUCH AS ACCESS TO PROGRAMS THAT ASSIST WITH THE COST OF HEALTHCARE AND ASSISTANCE CONNECTING WITH COMMUNITY RESOURCES. TWO CENTERS OFFER DENTAL SERVICES AND TEN SITES OFFER SUBSTANCE USE DISORDER SERVICES. ALL 10 SITES NOW OFFER MT SERVICES AS WELL. THE CENTERS STRIVE TO SUPPORT ACCESS TO HEALTHCARE SERVICES ECONOMICALLY AS WELL AS GEOGRAPHICALLY, SERVING RESIDENTS OF FRANKLIN, SAGADAHOC, ANDROSCOGGIN, OXFORD, KNOX, WALDO, LINCOLN, SOMERSET, ANDKENNEBEC COUNTIES OF MAINE. THE CENTERS' ABILITY TO PROVIDE AFFORDABLE SERVICE IS DEPENDENT UPON GRANTS AND CONTRACTS AT THE FEDERAL AND STATE LEVEL, AS WELL AS FROM PRIVATE ORGANIZATIONS. THE CENTERS EXTEND CREDITWITHOUT COLLATERAL. THE CENTERS HAVE AN ELECTRONIC HEALTH RECORD INTERFACED WITH SEVERAL COMMUNITY PARTNERS AND HAVE UTILIZED TELEHEALTH CAPABILITIES TO MEET PATIENT NEED. THE CENTERS ALSO PROVIDE OTHER OUTREACH AND HEALTH EDUCATION INITIATIVES WHICH BENEFIT THE COMMUNITY WHICH ARE IDENTIFIED THROUGH PERIODIC COMMUNITY HEALTH NEEDSASSESSMENTS.
THE CENTERS PROVIDE MEDICAL, DENTAL, AND BEHAVIORAL HEALTH SERVICES UNDER SLIDING FEE ARRANGEMENTS TO ELIGIBLE PATIENTS. THE SLIDING FEE PLAN IS AVAILABLE FOR ELIGIBLE PATIENTS WHOSE INCOME AND FAMILY SIZE MEET THE CRITERIA OUTLINED IN THE FEDERAL POVERTY GUIDELINES. THESE GUIDELINES ARE UPDATED ON A YEARLY BASIS. UNDER THE MEDICAL ANDBEHAVIORAL HEALTH PLAN, ELIGIBLE PATIENTS PAY A FLAT FEE FOR SERVICES RENDERED BY THE CENTERS. THE FEES RANGE FROM $10 TO $55 PER VISIT. UNDER THE DENTAL PLAN, ELIGIBLE PATIENTS RECEIVE A DISCOUNT OF 20%-80% FROM THE TOTAL CHARGE WITH A MINIMUM PAYMENT DUE OF $50.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Madden MD Medical Director | Officer | 40 | $235,376 |
T Kevin Finley DO Physician | 40 | $210,426 | |
Catherine Chamberlin DO Physician | 40 | $191,295 | |
Kathryn Wistar MD Physician | 40 | $188,315 | |
Constance Coggins President And CEO | Officer | 40 | $181,255 |
Ann Schwink DO Physician | 30 | $180,253 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,014,959 |
| All other contributions, gifts, grants, and similar amounts not included above | $93,078 |
| Noncash contributions included in lines 1a–1f | $44,727 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,108,037 |
| Total Program Service Revenue | $23,373,475 |
| Investment income | $39,581 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $233,164 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,754,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $250 |
| 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. | $574,302 |
| Compensation of current officers, directors, key employees. | $393,558 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,274,590 |
| Pension plan accruals and contributions | $209,403 |
| Other employee benefits | $2,373,948 |
| Payroll taxes | $981,949 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $60,947 |
| Fees for services: Accounting | $54,569 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,743,670 |
| Advertising and promotion | $105,517 |
| Office expenses | $274,022 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,625,499 |
| Travel | $62,585 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,137 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $431,381 |
| Insurance | $102,159 |
| All other expenses | $0 |
| Total functional expenses | $26,295,296 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,150 |
| Savings and temporary cash investments | $17,632,930 |
| Pledges and grants receivable | $68,875 |
| Accounts receivable, net | $1,946,277 |
| 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 | $337,112 |
| Net Land, buildings, and equipment | $2,527,475 |
| Investments—publicly traded securities | $2,769,128 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $212,500 |
| Total assets | $25,525,447 |
| Accounts payable and accrued expenses | $2,431,564 |
| Grants payable | $0 |
| Deferred revenue | $254,795 |
| 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 | $0 |
| Total liabilities | $2,686,359 |
| Net assets without donor restrictions | $22,737,171 |
| Net assets with donor restrictions | $101,917 |
| 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 | $25,525,447 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Healthreach Community Health Centers has recieved totaling $166,192.
| Awarding Organization | Amount |
|---|---|
Family Planning Association Of Maine Inc Augusta, ME PURPOSE: FPA CLINICAL GRANT | $65,000 |
Family Planning Association Of Maine Inc Augusta, ME PURPOSE: INTEGRATION GRANT | $37,500 |
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $33,692 |
Brooks Family Foundation Boston, MA PURPOSE: GENERAL SUPPORT | $30,000 |
Endowment Analysis
| Beg. Balance | $1,820,091 |
| Earnings | $199,460 |
| Net Contributions | $216,936 |
| Ending Balance | $2,236,487 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthreach Community Health Centers Waterville, ME | $25,525,447 | $29,754,257 |
Bucksport Regional Health Center Bucksport, ME | $9,198,188 | $10,576,365 |
West Central Services Inc Lebanon, NH | $7,170,287 | $11,627,644 |
Sacopee Valley Health Center Porter, ME | $5,533,152 | $7,568,426 |
Maine Mobile Health Program Inc Augusta, ME | $777,070 | $2,038,912 |
Richmond Area Helth Center Inc Richmond, ME | $503,256 | $97,453 |
Castine Community Hospital Castine, ME | $4,055,448 | $217,847 |
Arnold Memorial Medical Building Society Jonesport, ME | $615,356 | $58,479 |
Massabesic Lions Club Regional Medical Center Waterboro, ME | $157,225 | $0 |