ANDROSCOGGIN VALLEY HOSPITAL INC (EIN 020280367) - Form 990 Financial Analysis & Trantor Score

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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

1971

Legal Domicile

Principal Officer

MICHAEL PETERSON

Phone

6037522200

Tax Period

2023-10-01 to 2024-09-30

ANDROSCOGGIN VALLEY HOSPITAL INC, founded in 1971, is a mid-sized nonprofit in the Health Care sector that reported $94.0M in total revenue in fiscal year 2023. Expenses of $90.4M left a modest 4% surplus.

Mission

CRITICAL ACCESS HOSPITAL

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $173,677

Program Service Revenue $93,056,193

Investment Income $-843,133

Other Revenue $1,643,550

TOTAL REVENUE $94,030,287

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $37,588,771

Fundraising Expenses $0

Program Expenses $72,426,718

Other Expenses $52,766,959

TOTAL EXPENSES $90,360,730

Year-over-Year Comparison

	2023	2022	Change
Revenue	$94,030,287	$96,725,114	0.0%
Expenses	$90,360,730	$87,507,863	+0.0%
Net Income	$3,669,557	$9,217,251	-0.6%

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

333

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

$1,526,625

Total Directors

$669,701

Key Employees

$819,298

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BACKLER	CHAIR	1.00	Officer Director	$0	$0	$0
DONNA GOODRICH	CHAIR (THRU 10/23)	1.00	Officer Director	$0	$0	$0
MARTHA LAFLAMME	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JAY POULIN	SECRETARY	1.00	Officer Director	$0	$0	$0
JAVIER CARDENAS	DIRECTOR/HOSPITALIST	40.00	Director	$493,874	$11,925	$505,799
JESSICA FOSTER-HEBERT	DIRECTOR/NCHHHA DIR. CLIN	1.00	Director	$0	$8,642	$163,902
CHRISTY LANGLOIS	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN LESSARD	DIRECTOR/APRN	30.00	Director	$0	$0	$0
RICHARD LUNA	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS MCCUE	DIRECTOR	1.00	Director	$0	$0	$0
JESSIE PERKINS	DIRECTOR	1.00	Director	$0	$0	$0
BRIANNE TEABOLDT	MEDICAL STAFF PRESIDENT (THRU 12/23)	1.00	Director	$0	$0	$0
DANIEL VAN BUREN	DIRECTOR	1.00	Director	$0	$0	$0
TYLER WHITE	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS MEE	SYSTEM CEO	1.00	Officer	$0	$18,318	$724,548
MICHAEL PETERSON	PRESIDENT	40.00	Officer	$412,863	$10,815	$423,678
MATTHEW STREETER	SYSTEM CFO	1.00	Officer	$0	$20,804	$378,399
KEITH SHUTE MD	CHIEF MEDICAL OFFICER	39.50	Key Emp	$540,836	$37,627	$578,463
BRIAN O'HEARN	CNO	40.00	Key Emp	$229,911	$10,924	$240,835
RICHARD KARDELL	ENT MD	40.00	Highest	$588,424	$11,495	$599,919
GLENN HALL	GENERAL SURGEON	40.00	Highest	$554,792	$13,744	$568,536
KRZYSZTOF PLOCIENNIK	MD PROVIDER	40.00	Highest	$526,422	$17,665	$544,087
BRADLEY MAHLON	ORTHOPEDIC SURGEON	40.00	Highest	$637,456	$12,522	$649,978
STEPHEN KRAUNZ	EMERGENCY MEDICINE PRACTITIONER	40.00	Highest	$469,474	$3,285	$472,759

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	$94,030,287	$90,360,730	$64,738,399	$3,669,557
2023	$96,725,114	$87,507,863	$77,160,767	$9,217,251
2022	$77,616,151	$75,124,640	$74,030,462	$2,491,511
2021	$76,927,619	$66,855,252	$96,834,885	$10,072,367
2020	$64,332,376	$62,028,129	$91,964,367	$2,304,247
2019	$60,053,258	$60,206,294	$63,368,436	$-153,036
2018	$63,253,561	$58,253,788	$62,638,972	$4,999,773

ANDROSCOGGIN VALLEY HOSPITAL INC