Stephens Community Healthcare Foundation

Overview

Mission

To ensure a high quality, accessible, affordable and appropriate integrated health care system to improve the health and well being of the community.

What it reported doing in 2018

The Foundation supports Stephens Memorial Hospital Association. The Foundation's only member is Western Maine Health Care Corporation, the parent company of Stephens Memorial Hospital Association.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 84% of its reported program spending out as grants.

Nonprofit profile at a glance

EIN
311644144
IRS 990 coverage
2009–2018
Forms available
Form 990 2018
Headquarters
Norway, ME, USA
Phone
2077435933
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

The verdict

MIXED - Most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 59
  • Accountability: 79
  • Sustainability: 46
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 41.1%; rating input score 41
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 11th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 80%; rating input score 80; 24th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 74.3%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 1,239.6%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -4.6% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: -6.6% per year; rating input score 0; 42nd percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 39th percentile among comparable filings

Details

  • Where the money goes: 41.1% of revenue deployed · 100% of spending went to programs
  • Governance: 8 of 10 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $491K · 11 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 12 of 12 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 10 annual filings from 2009 to 2018
  • Contacts: How to reach this organization
  • Related organizations: 5 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

11 people listed

Highest reported compensation

  • Timothy Churchill (Presid & CEO): $491,191 total reported compensation
  • John Cox (Regional CFO): $311,042 total reported compensation
  • Kathleen Herlihy MD (Trustee): $310,282 total reported compensation

Source: IRS Form 990. Selected filing: FY2018.