Mid Coast-Parkview Health
Nonprofit profile at a glance
- EIN
- 010430069
- IRS 990 coverage
- 2013–2020
- Forms available
- Form 990 2020, Form 990-N 2012
- Location
- Brunswick, ME, USA
- Phone
- 2073736733
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,000
- Expenses
- $2,674
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- Joan Shea (Director/Aux. President)
- Ranjiv Advani MD (Medical Staff President)
- Melissa Streeter MD (Medical Staff Vice President)
- Lois N Skillings (President/CEO)
Highest reported compensation
- Lois N Skillings (President/CEO): $586,966 total reported compensation
- Melissa Streeter MD (Medical Staff Vice President): $487,794 total reported compensation
- Michael Perry (CFO): $361,563 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To engage in and conduct charitable, educational, and scientific activities, and to further such activities as may be deemed advisable for the advancement and improvement of health care generally an in the Bath-Brunswick, Maine area in particular. To assist Mid Coast Hospital (an organization exempt from tax as an organization described under Section 501(c)(3) of the Internal Revenue Code) to carry out its tax-exempt functions.To coordinate activities of Mid Coast Hospital and other affiliated organizations engaged in health care activities (the "operating corporations") which may include management, the establishment of fiscal policy, long-range planning, public information and fund-raising for the betterment of the general health.
What it reported doing in 2020
Mid Coast-Parkview Health coordinates the activities of Mid Coast Hospital and other affiliated organizations engaged in health care activities which may include management, the establishment of fiscal policy, long-range planning, public information, and fund-raising for the betterment of the general health.Effective December 31, 2020 the Hospital and Mid Coast-Parkview Health legally dissolved and transferred all assets and activities to MaineHealth, a 501(c)(3) healthcare organization.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating 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. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 64
- Accountability: 78
- Sustainability: 18
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 99.3%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 86.4%; rating input score 86; 25th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- 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: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -33.7%; rating input score 37; 37th 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: 7,496.6%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 9.9% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: -10.2% per year; rating input score 0; 36th percentile among comparable filings
- Asset growth: -14.1% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 99.3% of spending went to programs
- Governance: 19 of 22 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $587K · 23 people listed · 0 of 6 pay-setting controls reported
- Consistency: 14 of 14 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 6 filing years from 2013 to 2020
- Contacts: How to reach this organization
- Related organizations: 52 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.