Augusta, ME
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Maine Veterans Home, founded in 1983, is a major nonprofit in the Health Care sector that reported $119.3M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $111.6M left a modest 6% surplus.
Maine Veterans' Homes provides skilled nursing and rehabilitation, long term care, memory care, pharmacy support and consultation, and assisted living services for veterans and eligible family members at six facilities across Maine.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $119,340,649 | $106,659,613 | +0.1% |
| Expenses | $111,596,634 | $113,203,865 | 0.0% |
| Net Income | $7,744,015 | $-6,544,252 | -2.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Donald Lagace | Board Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Steven SanPedro | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Emil Genest | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Julie Schwetz | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Angela Armstrong | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Christine Brawn | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Heather Burr | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Samuel Collins | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Christopher Gardner | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Bridget Miller | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Pooler | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| David Richmond | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Brad Klawitter | CEO | 40.00 |
Officer
|
$49,077 | $0 | $49,077 |
| Sharon Fusco | Past CEO | 40.00 |
Officer
|
$143,003 | $1,921 | $144,924 |
| Kevin Brooks | CFO | 40.00 |
Officer
|
$213,816 | $35,180 | $248,996 |
| Rebecca Gagnon | COO | 40.00 |
Officer
|
$220,338 | $13,275 | $233,613 |
| Lindsay Fitzgerald | Past CWO | 40.00 |
Officer
|
$118,336 | $350 | $118,686 |
| Neil Thurlow | Director of Pharmacy Ops | 40.00 |
Highest
|
$187,293 | $41,762 | $229,055 |
| Gregory Urban | Administrator | 40.00 |
Highest
|
$163,776 | $22,455 | $186,231 |
| Jacob Anderson | Administrator | 40.00 |
Highest
|
$161,905 | $16,891 | $178,796 |
| Dakota Savage | Pharmacist | 40.00 |
Highest
|
$162,365 | $15,620 | $177,985 |
| Andrew Hawkins | Pharmacist | 40.00 |
Highest
|
$161,336 | $1,423 | $162,759 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $119,340,649 | $111,596,634 | $185,036,363 | $7,744,015 |
| 2024 | No data | No data | No data | No data |
| 2023 | $89,462,623 | $103,085,307 | $185,101,800 | $-13,622,684 |
| 2022 | $85,884,783 | $95,974,404 | $201,723,871 | $-10,089,621 |
| 2021 | $107,295,717 | $97,921,867 | $217,527,191 | $9,373,850 |
| 2020 | $126,323,581 | $101,373,945 | $187,313,138 | $24,949,636 |
| 2019 | $111,490,239 | $92,467,792 | $149,178,828 | $19,022,447 |
| 2018 | $101,148,915 | $99,351,896 | $142,234,366 | $1,797,019 |
Compare Maine Veterans Home with other nonprofits in Maine and across the country.