OHI

EIN: 010362709 501(c)(3)

Bangor, ME

Total Revenue
$19,335,727
Total Expenses
$19,190,579
Total Assets
$13,373,734
Net Assets
$10,235,577
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
ME
Principal Officer
Melinda Ward
Phone
2078485804
Tax Period
2023-07-01 to 2024-06-30

OHI is a 501(c)(3) with EIN 010362709, based in Bangor, ME. Founded in 1979, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $19,335,727 in total revenue and $19,190,579 in total expenses, with net assets of $10,235,577.

Mission

A Maine non-profit corporation that inspires people to recognize possibilities and lead meaningful lives.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $452,796
Program Service Revenue $18,491,094
Investment Income $370,988
Other Revenue $20,849
TOTAL REVENUE $19,335,727

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,288,310
Fundraising Expenses $0
Program Expenses $16,703,303
Other Expenses $3,902,269
TOTAL EXPENSES $19,190,579

Year-over-Year Comparison

2023 2022 Change
Revenue $19,335,727 $18,451,763 +0.0%
Expenses $19,190,579 $18,924,643 +0.0%
Net Income $145,148 $-472,880 -1.3%
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
18
Independent Members
18
Employees
369
Volunteers
19

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
$377,144
Total Directors
18
$10,092
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Melinda Ward President/CEO 45
Officer
$161,735 $12,799 $174,534
Deb Smith Associate CEO 50
Officer
$92,338 $14,720 $107,058
Lisa Roye CFO 45
Officer
$82,489 $13,063 $95,552
Cheri Dow Board Member 1
Director
$10,092 $0 $10,092
Tim Moriarty Chairperson 1
Officer Director
$0 $0 $0
Karen Berry Vice Chair 1
Officer Director
$0 $0 $0
Diane Boone Treasurer 1
Director
$0 $0 $0
Susan Gilmartin Secretary 1.00
Officer Director
$0 $0 $0
Martha Harris Board Member 1
Director
$0 $0 $0
Bill Miller Board Member 1
Director
$0 $0 $0
Sarah Zmistowski Board Member 1
Director
$0 $0 $0
Raymond Hart Board Member 1
Director
$0 $0 $0
Margaret F Criner Board Member 1
Director
$0 $0 $0
Ron Gastia Board Member 1
Director
$0 $0 $0
Tim Lo Board Member 1
Director
$0 $0 $0
Sheri Quatrale Board Member 1
Director
$0 $0 $0
Rob Freese Board Member 1
Director
$0 $0 $0
Thad Zmistowski Board Member 1
Director
$0 $0 $0
Beverly Uhlenhake Board Memeber 1
Director
$0 $0 $0
Paul Ouellette Board Member 1
Director
$0 $0 $0
Georgia K Smith Board Member 1
Director
$0 $0 $0
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 $19,335,727 $19,190,579 $13,373,734 $145,148
2023 $18,451,763 $18,924,643 $13,363,903 $-472,880
2022 $19,060,521 $18,658,772 $13,084,805 $401,749
2021 $18,955,777 $16,791,508 $14,084,596 $2,164,269
2020 $16,389,860 $16,307,975 $13,321,505 $81,885
2019 $16,282,498 $15,283,301 $10,713,857 $999,197
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