NORTHERN MAINE MEDICAL CENTER

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1948

Legal Domicile

Principal Officer

JEFF ZEWE

Phone

2078343155

Tax Period

2023-10-01 to 2024-09-30

NORTHERN MAINE MEDICAL CENTER, founded in 1948, is a mid-sized nonprofit in the Health Care sector that reported $70.6M in total revenue in fiscal year 2023.

Mission

THE MISSION OF NORTHERN MAINE MEDICAL CENTER IS TO PROVIDE, COORDINATE, OR SUPPORT ACCESS TO HIGH QUALITY, AFFORDABLE HEALTH CARE AND TO POSITIVELY IMPACT OUR COMMUNITIES' QUALITY OF LIFE BY IMPROVING HEALTH STATUS.

Program Service Accomplishments

Program 1

Expenses: $61,494,995 Revenue: $60,407,522

MEDICAL CARE & ANCILLARY SERVICES, NURSING HOME & SKILLED SERVICES, PHYSICIAN SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,674,842

Program Service Revenue $64,703,275

Investment Income $2,166,424

Other Revenue $44,930

TOTAL REVENUE $70,589,471

Expense Breakdown

Grants Paid $7,497

Salaries & Benefits $35,832,179

Fundraising Expenses $0

Program Expenses $61,494,995

Other Expenses $34,767,868

TOTAL EXPENSES $70,607,544

Year-over-Year Comparison

	2023	2022	Change
Revenue	$70,589,471	$68,670,882	+0.0%
Expenses	$70,607,544	$72,165,102	0.0%
Net Income	$-18,073	$-3,494,220	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

607

Volunteers

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

$983,217

Total Directors

$603,576

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES HARRIS MD	DIRECTOR	50.00	Director	$574,072	$29,504	$603,576
DONALD GUIMOND	CHAIR	1.50	Officer Director	$0	$0	$0
ERIN SOUCY	VICE-CHAIR	1.50	Officer Director	$0	$0	$0
DOUGLAS CYR	DIRECTOR	1.50	Director	$0	$0	$0
GISELE DIONNE	DIRECTOR	1.50	Director	$0	$0	$0
JOHN EZZY	DIRECTOR	1.50	Director	$0	$0	$0
NORMAN FOURNIER	DIRECTOR	1.50	Director	$0	$0	$0
STEVEN OUELLETTE	DIRECTOR	1.50	Director	$0	$0	$0
STEVEN PELLETIER	DIRECTOR	1.50	Director	$0	$0	$0
LUCIE TABOR	DIRECTOR	1.50	Director	$0	$0	$0
DAN VAILLANCOURT	DIRECTOR	1.50	Director	$0	$0	$0
JEFF ZEWE	PRESIDENT/CEO	50.00	Officer	$409,771	$27,727	$437,498
AARON TEACHOUT	TREASURER/CFO	50.00	Officer	$297,248	$0	$297,248
ALAIN BOIS	SECRETARY/COO	50.00	Officer	$228,147	$20,324	$248,471
DR SHAHRIAR ANOUSHFAR	GENERAL SURGEON	50.00	Highest	$945,510	$40,091	$985,601
DR WALTER DOERFLER	ER PHYSICIAN	50.00	Highest	$519,200	$21,133	$540,333
DR DANAE KERSCHNER	PHYSICIAN	50.00	Highest	$389,231	$12,083	$401,314
DR MARK OVERTON	PHYSICIAN	50.00	Highest	$922,653	$28,505	$951,158
DR SILWANA SIDORCZUK	PHYSICIAN	50.00	Highest	$573,688	$35,839	$609,527
DR ERIK ST PIERRE	PAST DIRECTOR/PHYSICIAN	50.00		$507,394	$30,931	$538,325

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
2024	$70,589,471	$70,607,544	$105,352,233	$-18,073
2023	$68,670,882	$72,165,102	$105,858,864	$-3,494,220
2022	$79,262,975	$73,962,299	$111,511,588	$5,300,676
2021	$71,628,259	$68,587,025	$77,654,286	$3,041,234
2020	$64,266,752	$62,321,976	$80,180,987	$1,944,776
2019	$59,148,879	$58,468,730	$50,243,775	$680,149
2018	$55,345,767	$54,657,785	$50,508,413	$687,982