MAINE COLLEGE OF HEALTH PROFESSIONS

EIN: 010356077 501(c)(3)

LEWISTON, ME

Total Revenue
$9,930,190
Total Expenses
$4,602,969
Total Assets
$16,722,913
Net Assets
$15,403,870
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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
ME
Principal Officer
STEVE LITTLESON
Phone
2077952813
Tax Period
2022-07-01 to 2023-06-30

MAINE COLLEGE OF HEALTH PROFESSIONS is a 501(c)(3) with EIN 010356077, based in LEWISTON, ME. Founded in 1982, the organization files IRS Form 990 and reported its most recent data for fiscal year 2022. In that period, it reported $9,930,190 in total revenue and $4,602,969 in total expenses, with net assets of $15,403,870.

Mission

THE COLLEGE PROVIDES FORMAL TRAINING IN NURSING, RADIOLOGIC TECHNOLOGY AND NUCLEAR MEDICINE AT THE ASSOCIATE DEGREE LEVEL.

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Trantor Score

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $6,108,696
Program Service Revenue $3,903,338
Investment Income $-81,844
Other Revenue $0
TOTAL REVENUE $9,930,190

Expense Breakdown

Grants Paid $1,000,515
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,537,252
Other Expenses $3,602,454
TOTAL EXPENSES $4,602,969

Year-over-Year Comparison

2022 2021 Change
Revenue $9,930,190 $5,250,072 +0.9%
Expenses $4,602,969 $4,676,211 0.0%
Net Income $5,327,221 $573,861 +8.3%
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
9
Independent Members
8
Employees
N/A
Volunteers
8

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
5
$1,578,397
Total Directors
11
$280,677
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETHANY PICKER TRUSTEE 3.00
Director
$0 $31,423 $280,677
KENNETH ALBERT ESQ RN CHAIR 1.00
Officer Director
$0 $0 $0
ANDREA GAGER MD TRUSTEE 1.00
Director
$0 $0 $0
NED CLAXTON TRUSTEE 1.00
Director
$0 $0 $0
PAUL COLISANTE TRUSTEE 1.00
Director
$0 $0 $0
DAVID GILMORE MD TRUSTEE 1.00
Director
$0 $0 $0
SARAH HUDSON SECRETARY 1.00
Officer Director
$0 $0 $0
ANNE KEMPER TRUSTEE 1.00
Director
$0 $0 $0
JOAN MACRI TRUSTEE - PART YEAR 1.00
Director
$0 $0 $0
PETER SCHLAX JR TRUSTEE - PART YEAR 1.00
Director
$0 $0 $0
DR WISE TRUSTEE 1.00
Director
$0 $0 $0
STEVE LITTLESON PRESIDENT CMMC/CMHC 3.00
Officer
$0 $80,951 $1,041,891
DAVID PAULOSKY TREASURER 3.00
Officer
$0 $25,982 $317,434
MONIKA BISSELL PRESIDENT 3.00
Officer
$0 $1,671 $219,072
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 No data No data No data No data
2023 $9,930,190 $4,602,969 $16,722,913 $5,327,221
2022 $5,250,072 $4,676,211 $8,546,985 $573,861
2021 $4,663,699 $4,053,578 $8,564,967 $610,121
2020 $6,727,250 $5,277,838 $12,466,367 $1,449,412
2019 $5,741,625 $4,726,765 $11,795,763 $1,014,860
2018 $4,973,496 $4,423,884 $10,764,500 $549,612
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