Western Maine Multi-Medical Specialists (EIN 010489824) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

Jeff Noblin

Phone

2077435933

Tax Period

2023-10-01 to 2024-09-30

Western Maine Multi-Medical Specialists is a 501(c)(3) with EIN 010489824, based in Norway, ME. Founded in 1994, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $200,195 in total revenue and $215,722 in total expenses, with net assets of $252,288.

Mission

To ensure a high-quality, accessible, affordable, integrated and appropriate health care system to improve the health and well being of the community.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $169,436

Investment Income $0

Other Revenue $30,759

TOTAL REVENUE $200,195

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,918

Fundraising Expenses $0

Program Expenses $215,505

Other Expenses $36,804

TOTAL EXPENSES $215,722

Year-over-Year Comparison

	2023	2022	Change
Revenue	$200,195	$257,901	-0.2%
Expenses	$215,722	$203,578	+0.1%
Net Income	$-15,527	$54,323	-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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$628,025

Total Directors

$4,079,293

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeff Noblin FACHE	President,WMH	1.00	Officer Director	$0	$32,197	$316,471
Jeanette Andrews DO	Medical Staff President	1.00	Director	$0	$46,119	$395,098
Jennifer D Sunday DO	Physician/Trustee	1.00	Director	$0	$42,864	$314,245
Jennifer Blastow NP-C	Nurse Practitioner/Trustee	1.00	Director	$0	$37,153	$136,936
Kevin Carleton	Former Secretary/Treasurer	1.00	Officer Director	$0	$0	$0
Darcy Lambert	Trustee	1.00	Director	$0	$0	$0
Lisa Miller MD	Physician/Trustee	1.00	Director	$0	$41,904	$252,088
Holly Bancroft Brown	Trustee	1.00	Director	$0	$0	$0
Dan Walsh	Treasurer	1.00	Officer Director	$0	$0	$0
Richard Beauchesne Esq	Former Vice Chair	1.00	Officer Director	$0	$0	$0
Dave Yarin	Trustee	1.00	Director	$0	$0	$0
Gail McBride	Chair	1.00	Officer Director	$0	$0	$0
Kelly Elkins	Chief Operating Officer, MH	1.00	Director	$0	$32,518	$1,217,045
Paul Bickford	Vice Chair	1.00	Officer Director	$0	$0	$0
Mike Binette DVM	Trustee	1.00	Director	$0	$0	$0
Mari Grover	Secretary	1.00	Officer Director	$0	$0	$0
Terri Cannan	Chief Marketing Officer, MH	1.00	Director	$0	$47,512	$589,133
Trampas Hutches	Regional President-Mountain Region	1.00	Director	$0	$50,167	$728,670
Celia Dieterich	Trustee	1.00	Director	$0	$0	$0
Stephanie LeBlanc	Sr. Dir. Behavioral Svcs./Trustee	1.00	Director	$0	$24,061	$129,607
Scott Berk	Trustee	1.00	Director	$0	$0	$0
Monica Laverdiere	Trustee	1.00	Director	$0	$0	$0
Michael Carter	Trustee	1.00	Director	$0	$0	$0
Deborah A Gould	Chief Financial Officer	1.00	Officer	$0	$44,675	$311,554
Andrea Patstone	Former President, WMH	0.00		$0	$84,470	$814,936

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	$200,195	$215,722	$268,768	$-15,527
2023	$257,901	$203,578	$279,153	$54,323
2022	$157,501	$193,140	$141,577	$-35,639
2021	$175,571	$200,559	$186,298	$-24,988
2020	$372,030	$496,299	$147,928	$-124,269
2019	$351,907	$540,539	$244,644	$-188,632
2018	$795,084	$1,389,570	$167,386	$-594,486

Western Maine Multi-Medical Specialists