Penobscot Valley Hospital (EIN 010545327) - Form 990 Financial Analysis & Trantor Score

🔒

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

1973

Legal Domicile

Principal Officer

Melissa Pelkey

Phone

2077943321

Tax Period

2023-01-01 to 2023-12-31

Penobscot Valley Hospital, founded in 1973, is a mid-sized nonprofit in the Health Care sector that reported $23.6M in total revenue in fiscal year 2023.

Mission

Critical Access Hospital

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $495,663

Program Service Revenue $23,108,754

Investment Income $12,256

Other Revenue $23,503

TOTAL REVENUE $23,640,176

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,096,857

Fundraising Expenses $0

Program Expenses $22,286,053

Other Expenses $11,335,641

TOTAL EXPENSES $25,432,498

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,640,176	$24,248,782	0.0%
Expenses	$25,432,498	$24,299,950	+0.0%
Net Income	$-1,792,322	$-51,168	+34.0%

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

254

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

$596,328

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Phillip Dawson Jr	President	1.50	Officer Director	$0	$0	$0
J Bea Szantyr MD	Vice President	1.50	Officer Director	$0	$0	$0
Judith Doore	Board Member	1.50	Director	$0	$0	$0
Bonnie Gray	Board Member	1.50	Director	$0	$0	$0
Patricia Nobel MD	Board Member	1.50	Director	$0	$0	$0
Kristen Sciolino DDS	Board Member	1.50	Director	$0	$0	$0
Whitney Souers	Board Member	1.50	Director	$0	$0	$0
H Joseph Thibodeau DDS	Board Member	1.50	Director	$0	$0	$0
Richard Wyman	Board Member	1.50	Director	$0	$0	$0
Robert Genest	Past Treasurer	1.50	Officer Director	$0	$0	$0
Annette Haynes	Past Board Member	1.50	Director	$0	$0	$0
Amy Theriault	COO	40.00	Officer	$118,097	$21,255	$139,352
Elisa Blethen	CFO	40.00	Officer	$168,459	$28,423	$196,882
Crystal Landry RN	CEO	40.00	Officer	$231,953	$28,141	$260,094
Dr Carl Alessi	Physician	40.00	Highest	$188,377	$7,006	$195,383
Glenn Deyo	Surgeon	40.00	Highest	$343,491	$23,279	$366,770
Todd Tritch MD	ED Physician and Medical Director	40.00	Highest	$618,320	$18,651	$636,971
Christopher M Fallon MD	Physician	40.00	Highest	$462,097	$10,986	$473,083
Stratton J Shannon	Physician	40.00	Highest	$315,268	$1,044	$316,312

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	No data	No data	No data	No data
2023	$23,640,176	$25,432,498	$7,718,433	$-1,792,322
2022	$24,248,782	$24,299,950	$9,912,217	$-51,168
2021	$23,475,356	$21,608,969	$10,665,595	$1,866,387
2020	$19,679,787	$18,556,488	$10,887,412	$1,123,299
2019	$17,874,664	$18,545,202	$8,906,899	$-670,538
2018	$18,708,886	$19,692,721	$8,314,043	$-983,835

Penobscot Valley Hospital