Mid Coast-Parkview Health

🔒

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

1991

Legal Domicile

Principal Officer

Lois N Skillings

Phone

2073736733

Tax Period

2020-10-01 to 2020-12-31

Mid Coast-Parkview Health, founded in 1991, is a micro nonprofit that reported $2K in total revenue in fiscal year 2020. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $3K exceeded revenue, resulting in a 34% operating deficit.

Mission

To engage in and conduct charitable, educational, and scientific activities, and to further such activities as may be deemed advisable for the advancement and improvement of health care generally an in the Bath-Brunswick, Maine area in particular. To assist Mid Coast Hospital (an organization exempt from tax as an organization described under Section 501(c)(3) of the Internal Revenue Code) to carry out its tax-exempt functions.To coordinate activities of Mid Coast Hospital and other affiliated organizations engaged in health care activities (the "operating corporations") which may include management, the establishment of fiscal policy, long-range planning, public information and fund-raising for the betterment of the general health.

Program Service Accomplishments

Program 1

Expenses: $2,655 Revenue: $2,000

Mid Coast-Parkview Health coordinates the activities of Mid Coast Hospital and other affiliated organizations engaged in health care activities which may include management, the establishment of...

Mid Coast-Parkview Health coordinates the activities of Mid Coast Hospital and other affiliated organizations engaged in health care activities which may include management, the establishment of fiscal policy, long-range planning, public information, and fund-raising for the betterment of the general health.Effective December 31, 2020 the Hospital and Mid Coast-Parkview Health legally dissolved and transferred all assets and activities to MaineHealth, a 501(c)(3) healthcare organization.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $2,000

TOTAL REVENUE $2,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,655

Other Expenses $2,674

TOTAL EXPENSES $2,674

Year-over-Year Comparison

	2020	2019	Change
Revenue	$2,000	$8,000	-0.8%
Expenses	$2,674	$10,468	-0.7%
Net Income	$-674	$-2,468	-0.7%

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

N/A

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

$1,438,323

Total Directors

$1,076,760

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Pamela Bowerman	Director	0.30	Director	$0	$0	$0
Joan Boomsma MD	Director	0.30	Director	$0	$0	$0
Marcus Deck MD	Director	0.30	Director	$0	$0	$0
Michael Field	Director	0.30	Director	$0	$0	$0
Charles Frizzle	Director	0.30	Director	$0	$0	$0
Ted Huskins	Director	0.30	Director	$0	$0	$0
Margo Knight	Director	0.30	Director	$0	$0	$0
Bruce McGlauflin	Director	0.30	Director	$0	$0	$0
Alain Montegut MD	Director	0.30	Director	$0	$0	$0
Daniel Morgenstern MD	Director	0.30	Director	$0	$0	$0
Richard Petersen	Director	0.30	Director	$0	$0	$0
Sue Spann	Director	0.30	Director	$0	$0	$0
Lloyd Van Lunen	Director	0.30	Director	$0	$0	$0
Joan Shea	Director/Aux. President	0.30	Director	$0	$0	$0
Ranjiv Advani MD	Medical Staff President	0.30	Officer Director	$0	$0	$2,000
Melissa Streeter MD	Medical Staff Vice President	0.30	Officer Director	$0	$43,895	$487,794
Glenn L Hutchinson	Chairperson	0.30	Officer Director	$0	$0	$0
Lenora Burke	Vice Chairperson	0.30	Director	$0	$0	$0
Matthew Orlando	Treasurer	0.30	Officer Director	$0	$0	$0
Charles Bridge	Secretary	0.30	Officer Director	$0	$0	$0
Sandy Morrell Rooney	Immediate Past Chair	0.30	Officer Director	$0	$0	$0
Lois N Skillings	President/CEO	5.50	Officer Director	$0	$90,209	$586,966
Michael Perry	CFO	5.50	Officer	$0	$66,356	$361,563

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
2020	$2,000	$2,674	No data	$-674
2019	$8,000	$10,041	$883,494	$-2,041
2018	$8,000	$9,803	$888,010	$-1,803