Martin's Point Health Care
Legal name: Martin's Point Health Care Inc
Nonprofit profile at a glance
- EIN
- 010353275
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Portland, ME, USA
- Phone
- 2077913710
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Ambulatory Health Center, Community Clinic
Reported finances
- Revenue
- $550,076,243
- Expenses
- $554,410,222
- Assets
- $575,909,759
- Liabilities
- $271,484,668
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Paul F Kasuba MD (President & CEO)
- David H Howes MD (Former President & CEO)
Highest reported compensation
- Paul F Kasuba MD (President & CEO): $1,387,229 total reported compensation
- Jonathan Easton Harvey MD (Chief Medical Officer (end 3/2024)): $952,483 total reported compensation
- Jeffrey Brown (Chief Information Officer): $716,006 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Delivering the care every person deserves. mom pushing son on swing Martin’s Point offers health care for the whole family. From primary care to specialty care and services like lab and radiology, we help our patients understand their health care needs and treatment options and support them on their journeys to health and wellness. Primary Care Specialty Care & Services Services by Location Primary Care.
What it reported doing in 2024
Management of Martin's Point Generations Advantage, a related organization that is a Medicare Advantage HMO with PPO and POS options, which assists in the provision and processing of medical services to Martin's Point Health Care patients.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 71
- Accountability: 77
- Sustainability: 36
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.2%; rating input score 94
- Program expense ratio: 94.9%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 89.4%; rating input score 89; 22nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 60%; rating input score 60; 16th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.8%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 41; 41st percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 38; 38th percentile among comparable filings
- Officer compensation ratio: 1.1%; rating input score 71; 71st percentile among comparable filings
Growth
- Program expense growth: -0.5% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 1.7% per year; rating input score 100; 12th percentile among comparable filings
- Asset growth: 4.7% per year; rating input score 100; 33rd percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 94.2% of revenue deployed · 94.9% of spending went to programs
- Governance: 6 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $526.2M in reported program spending
- Leadership: top reported pay $1.4M · 18 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $68.8M reported
- Consistency: 39 of 40 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes foreign activity, grants, executive pay, and related organizations
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 58 filed money-flow records
- Related organizations: 41 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 23/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 38/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.