LINCOLNHEALTH

EIN: 010153960 501(c)(3)

Damariscotta, ME

Total Revenue
$22,402,043
Total Expenses
$21,973,980
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
ME
Principal Officer
James Donovan
Phone
2076338402
Tax Period
2018-10-01 to 2019-01-01

LINCOLNHEALTH is a 501(c)(3) with EIN 010153960, based in Damariscotta, ME. Founded in 1955, the organization files IRS Form 990 and reported its most recent data for fiscal year 2018. In that period, it reported $22,402,043 in total revenue and $21,973,980 in total expenses.

Mission

LincolnHealth is dedicated to maintaining and improving the health of our communities by assuring: the very best, highest quality, and compassionate health care services from highly trained professionals; our services are cost-effective and accessible to all regardless of their ability to pay; as a not-for-profit, charitable organizations, we will be trustworthy stewards of our resources; our active participation and support of the Maine Healthcare family.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $428,687
Program Service Revenue $21,405,281
Investment Income $94,955
Other Revenue $473,120
TOTAL REVENUE $22,402,043

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,393,231
Fundraising Expenses $70,503
Program Expenses $20,486,963
Other Expenses $13,580,749
TOTAL EXPENSES $21,973,980

Year-over-Year Comparison

2018 2017 Change
Revenue $22,402,043 $89,115,119 -0.7%
Expenses $21,973,980 $84,572,681 -0.7%
Net Income $428,063 $4,542,438 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
14
Employees
N/A
Volunteers
145

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$707,505
Total Directors
20
$1,580,273
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aquilino Alamo MD Trustee 0.40
Director
$0 $37,919 $250,416
Samira Hasan DO Trustee 0.40
Director
$0 $34,929 $418,038
James Cosgrove Trustee 0.40
Director
$0 $0 $0
Leslie Fossel Trustee 0.40
Director
$0 $0 $0
Meagan G Hamblett Trustee 0.40
Director
$0 $0 $0
Timothy Fox MD Trustee 0.40
Director
$0 $36,794 $316,954
Jack T Fulmer MD Secretary 0.40
Officer Director
$0 $0 $0
Bruce P Garren Treasurer 0.40
Officer Director
$0 $0 $0
David Lawrence Vice Chairman 0.40
Officer Director
$0 $0 $0
William Logan Chairman 0.40
Officer Director
$0 $0 $0
Bruce Lutsk Trustee 0.40
Director
$0 $0 $0
Russell Mack MD Trustee 0.40
Director
$0 $0 $0
Sean O'Donnell MD Trustee 0.40
Director
$0 $38,606 $285,456
Wayne Moore Trustee 0.40
Director
$0 $0 $0
Susan Porter Trustee 0.40
Director
$0 $0 $0
Andrew Russ MD Trustee 0.40
Director
$0 $41,605 $309,409
Denise Soucy MD Trustee 0.40
Director
$0 $0 $0
Holly B Stover Trustee 0.40
Director
$0 $0 $0
Peter W Wood Trustee 0.40
Director
$0 $0 $0
Louis Sell Trustee 0.40
Director
$0 $0 $0
James Donovan CEO - LHG 3.00
Officer
$0 $47,197 $430,123
Wayne Printy CFO - LHG 3.00
Officer
$0 $27,674 $277,382
Stacey Miller VP Phys. Services 50.00
Highest
$164,630 $36,009 $200,639
Christine Anderson VP Patient Svc & CNO 50.00
Highest
$174,084 $35,712 $209,796
Karen Philbrick Director of Pharmacy 50.00
Highest
$144,048 $34,705 $178,753
Brent Peters Staff Pharmacist 50.00
Highest
$131,038 $27,993 $159,031
Deborah Monck RN IV 50.00
Highest
$125,537 $20,231 $145,768
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2019 $22,402,043 $21,973,980 No data $428,063
2018 $89,115,119 $84,572,681 $86,542,226 $4,542,438
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