EAGLE LAKE REGIONAL HEALTH CENTER

EIN: 010371991 501(c)(3)

EAGLE LAKE, ME

Total Revenue
$-171,707
Total Expenses
$16,906
Total Assets
$8,005
Net Assets
$7,888
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
ME
Principal Officer
MICHAEL ROCHESTER
Phone
2074445987
Tax Period
2018-07-01 to 2019-06-30

EAGLE LAKE REGIONAL HEALTH CENTER is a 501(c)(3) with EIN 010371991, based in EAGLE LAKE, ME. Founded in 1979, the organization files IRS Form 990 and reported its most recent data for fiscal year 2018. In that period, it reported $-171,707 in total revenue and $16,906 in total expenses, with net assets of $7,888.

Mission

TO PROVIDE HEALTH CARE FACILITIES TO THE COMMUNITY.

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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 $0
Program Service Revenue $0
Investment Income $-182,019
Other Revenue $10,312
TOTAL REVENUE $-171,707

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,615
Fundraising Expenses $0
Program Expenses $16,791
Other Expenses $15,291
TOTAL EXPENSES $16,906

Year-over-Year Comparison

2018 2017 Change
Revenue $-171,707 $13,226 -14.0%
Expenses $16,906 $20,425 -0.2%
Net Income $-188,613 $-7,199 +25.2%
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
5
Independent Members
5
Employees
1
Volunteers
5

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
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN MARTIN DIRECTOR 0.50
Officer Director
$0 $0 $0
TIMOTHY SOUCIE VICE PRESIDE 0.50
Officer Director
$0 $0 $0
MICHAEL ROCHESTER PRESIDENT 1.00
Officer
$0 $0 $0
SUSAN VIOLETTE TREASURER 0.50
Officer
$0 $0 $0
IRIS RAYMOND SECRETARY 0.50
Officer
$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
2019 $-171,707 $16,906 $8,005 $-188,613
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