Lubec, ME
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Regional Medical Center at Lubec ME Inc, founded in 1971, is a community nonprofit in the Health Care sector that reported $8.2M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.3M, a strong 16% operating margin.
To promote, provide and coordinate quality healthcare for the Downeast Region.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $8,155,048 | $7,168,211 | +0.1% |
| Expenses | $6,852,432 | $6,002,984 | +0.1% |
| Net Income | $1,302,616 | $1,165,227 | +0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| James Doherty | Board Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Roger Quirk | Vice Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Julia Brady | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mark Milam | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jerry Grubel | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Marcia Jackson | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Maureen Lord | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Sara McConnell | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Anne Perry | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Rhonda Welcome | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Thomas MacDonald | CEO | 40.00 |
Officer
|
$171,108 | $4,856 | $175,964 |
| Michelle Tuttle | CFO | 40.00 |
Officer
|
$137,036 | $0 | $137,036 |
| Robert Abrams | Chief Medical Officer | 40.00 |
Highest
|
$222,760 | $15,161 | $237,921 |
| George Ditomassi | Dentist | 40.00 |
Highest
|
$205,592 | $5,796 | $211,388 |
| Christine Moulton | Nurse Practitioner | 40.00 |
Highest
|
$148,221 | $4,387 | $152,608 |
| Nelson Meaker | Nurse Practitioner | 40.00 |
Highest
|
$127,651 | $4,067 | $131,718 |
| Amy Zipperer | Nurse Practitioner | 40.00 |
Highest
|
$101,481 | $12,626 | $114,107 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $8,155,048 | $6,852,432 | $8,576,024 | $1,302,616 |
| 2023 | $7,168,211 | $6,002,984 | $7,175,391 | $1,165,227 |
| 2022 | $6,795,890 | $5,599,092 | $5,902,316 | $1,196,798 |
| 2021 | $7,029,152 | $5,349,208 | $4,862,490 | $1,679,944 |
| 2020 | $4,974,021 | $4,823,168 | $3,852,117 | $150,853 |
| 2019 | $4,927,761 | $4,526,046 | $2,694,219 | $401,715 |
| 2018 | $4,343,953 | $4,186,394 | $2,266,753 | $157,559 |
Compare Regional Medical Center at Lubec ME Inc with other nonprofits in Maine and across the country.