Operating record

Maine Coast Regional Health Facili Dba Northern Light Maine Coast Hos

Brewer, ME · EIN 01-0198331 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$81,449,460$86,652,122−$5,202,6621.347%
2021$92,170,287$92,995,961−$825,6741.645%
2022$108,339,833$103,582,586$4,757,2471.938%
2023$118,951,465$111,529,894$7,421,5712.438%

In its most recent public year (2023), this organization brought in $7,421,571 more than it spent. Its reserves stood at about 2.4 months of spending, up from 1.3 in 2020. Staff pay was 38% of spending. $5,817,474 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗