Miles Memorial Hospital League
- Assets
- $113.2k
- Revenue
- $391.1k
- Investments
- $0.0
- Employees
- 14
- Location
- Damariscotta, ME
- Founding
- 04/1974
- Data as of
- 12/2021
- EIN
- 23-7212628
Organization Overview
Miles Memorial Hospital League is located in Damariscotta, ME. The organization was established in 1974. 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 12/2021, Miles Memorial Hospital League employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Miles Memorial Hospital League 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, Miles Memorial Hospital League generated $391.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $400.1k during the year ending 12/2021. While expenses have increased by 0.5% 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
SUPPORT FOR LINCOLNHEALTH FOUNDED IN 1930, THE MILES MEMORIAL HOSPITAL LEAGUE IS A VOLUNTEER ORGANIZATION, WHICH PROMOTES COMMUNITY AWARENESS THROUGH SUPPORT OF THE MEDICAL STAFF
Describe the Organization's Program Activity:
Part 3 - Line 4a
MILES MEMORIAL HOSPITAL LEAGUE OPERATES A THRIFT SHOP WHICH SELLS GOODS WHICH ARE DONATED AND A HOSPITAL GIFT SHOP. ALL THE INCOME FROM ITS ACTIVITIES ARE DEVOTED TO THE SUPPORT OF LINCOLNHEALTH AND OTHER MID COAST MAINE HEALTH ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Crouch VP & Director | OfficerTrustee | 3 | $0 |
Susan Winter President & Director | OfficerTrustee | 3 | $0 |
Barbara Belknap Treasurer & Director | OfficerTrustee | 2 | $0 |
Anne Pathnik Secretary &director | OfficerTrustee | 0.25 | $0 |
Marva Nesbit Director | Trustee | 0.25 | $0 |
Ann Mcfarland Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $200 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $645 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $845 |
| Total Program Service Revenue | $0 |
| Investment income | $30 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $390,192 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $391,067 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $149,000 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,945 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,430 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,031 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,433 |
| Office expenses | $2,302 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,818 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $519 |
| Insurance | $6,373 |
| All other expenses | $8,394 |
| Total functional expenses | $400,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67,972 |
| Savings and temporary cash investments | $44,441 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $767 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $113,180 |
| Accounts payable and accrued expenses | $4,727 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,727 |
| Net assets without donor restrictions | $108,453 |
| 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 | $113,180 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Miles Memorial Hospital League has recieved totaling $58,094.
| Awarding Organization | Amount |
|---|---|
Edward P Clark Trust Brooklyn, OH PURPOSE: ASSIST W/EDUCATION, | $37,500 |
Clover C Clark Tr 10 101230022380 Brooklyn, OH PURPOSE: GENERAL OPERATING | $20,533 |
Gertrude C And William R Jones Trust Brooklyn, OH PURPOSE: GENERAL OPERATING | $61 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Catholic Medical Center Physicians Practice Associates Manchester, NH | $724,337 | $16,272,963 |