ISLAND HEALTH & WELLNESS FOUNDATION

EIN: 016022815 501(c)(3) Health Care

DEER ISLE, ME

Total Revenue
$296,465
Total Expenses
$318,459
Total Assets
$2,677,071
Net Assets
$2,668,160
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
ME
Principal Officer
ELIZA HARRISON
Phone
2073672311
Tax Period
2025-01-01 to 2025-12-31

ISLAND HEALTH & WELLNESS FOUNDATION, founded in 1966, is a small nonprofit in the Health Care sector that reported $296K in total revenue in fiscal year 2025. Revenue grew 19% year-over-year, indicating healthy expansion. Net assets of $2.7M represent 108 months of operating reserves.

Mission

ISLAND HEALTH & WELLNESS FOUNDATION'S MISSION IS TO IDENTIFY AND ADVOCATE FOR HEALTH AND WELLNESS NEEDS OF DEER ISLE-STONINGTON; PROVIDE FINANCIAL SUPPORT, GUIDANCE AND ENCOURAGEMENT TO LOCAL HEALTH AND WELLNESS ORGANIZATIONS; AND MAINTAIN THE ISLAND MEDICAL CENTER FOR THE PROVISION OF HEALTH AND DENTAL CARE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $78,799
Program Service Revenue $106,910
Investment Income $109,491
Other Revenue $1,265
TOTAL REVENUE $296,465

Expense Breakdown

Grants Paid $89,168
Salaries & Benefits $57,154
Fundraising Expenses $19,203
Program Expenses $248,868
Other Expenses $172,137
TOTAL EXPENSES $318,459

Year-over-Year Comparison

2025 2024 Change
Revenue $296,465 $248,519 +0.2%
Expenses $318,459 $278,099 +0.1%
Net Income $-21,994 $-29,580 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
2
Volunteers
13

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
6
$42,312
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAT GROSS EXECUTIVE DI 20.00
Officer
$42,312 $0 $42,312
JENNA BILLINGS TRUSTEE 1.00
Director
$0 $0 $0
BRIAN BURGESS TRUSTEE 1.00
Director
$0 $0 $0
CHRISTINA FIFIELD CO-TREASURER 1.00
Officer Director
$0 $0 $0
NANCY GREENE SECRETARY 1.00
Officer Director
$0 $0 $0
ELIZA HARRISON PRESIDENT 1.00
Officer Director
$0 $0 $0
ROBERTA JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
SHANNON JOYCE VICE PRESIDE 1.00
Officer Director
$0 $0 $0
GWYN MURRAY TRUSTEE 1.00
Director
$0 $0 $0
HOLLAN OLIVER TRUSTEE 1.00
Director
$0 $0 $0
DWIGHT STAPLES TRUSTEE 1.00
Director
$0 $0 $0
JULIA TRUNDY TRUSTEE 1.00
Director
$0 $0 $0
JOHN WILLIAMS TRUSTEE 1.00
Director
$0 $0 $0
JUDY WILLIAMS CO-TREASURER 1.00
Officer Director
$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
2025 $296,465 $318,459 $2,677,071 $-21,994
2024 $248,519 $278,099 $2,595,062 $-29,580
2023 $255,940 $279,968 $2,503,009 $-24,028
2022 $173,077 $251,074 $2,409,831 $-77,997
2021 $209,547 $243,995 $2,665,688 $-34,448
2020 $193,764 $223,069 $2,352,021 $-29,305
2019 $220,060 $194,600 $2,369,667 $25,460
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