BOOTHBAY REGION HEALTH CARE INC

EIN: 465271171 501(c)(3) Health Care

BOOTHBAY HARBOR, ME

Total Revenue
$517,163
Total Expenses
$584,264
Total Assets
$157,391
Net Assets
$-148,222
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
ME
Principal Officer
PATRICIA SEYBOLD
Phone
2076331075
Tax Period
2023-01-01 to 2023-12-31

BOOTHBAY REGION HEALTH CARE INC, founded in 2015, is a small nonprofit in the Health Care sector that reported $517K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. Expenses of $584K exceeded revenue, resulting in a 13% operating deficit.

Mission

OUR MISSION IS TO PROVIDE A COMPREHENSIVE PRIMARY HEALTH CARE SYSTEM UNDER COMMUNITY GOVERNANCE, DRIVEN BY THE NEEDS OF THE PEOPLE AND WHICH IS ACCESSIBLE, EFFECTIVE, HIGH QUALITY, EFFICIENT, AFFORDABLE, SUSTAINABLE, PATIENT AND FAMILY-CENTERED, PERSONAL, ACCOUNTABLE TO THE PATIENTS WE SERVE, AND WHICH UNITES PATIENTS AND PROVIDERS ALIKE TO DEVELOP AND MAINTAIN GOOD HEALTH FOR ALL AGES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $222,807
Program Service Revenue $269,929
Investment Income $141
Other Revenue $24,286
TOTAL REVENUE $517,163

Expense Breakdown

Grants Paid $0
Salaries & Benefits $389,839
Fundraising Expenses $0
Program Expenses $584,264
Other Expenses $194,425
TOTAL EXPENSES $584,264

Year-over-Year Comparison

2023 2022 Change
Revenue $517,163 $625,451 -0.2%
Expenses $584,264 $611,888 0.0%
Net Income $-67,101 $13,563 -5.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
13
Volunteers
6

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA SEYBOLD TREASURER 20.00
Officer Director
$0 $0 $0
MAUREEN KINSEY SECRETARY 5.00
Officer Director
$0 $0 $0
JOHN WEBSTER BOARD MEMBER 5.00
Director
$0 $0 $0
TONY KRASON BOARD MEMBER 5.00
Director
$0 $0 $0
PAM O'CONNER BOARD MEMBER 5.00
Director
$0 $0 $0
CHARLES CUNNINGHAM VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
STEPHANIE HAWKE PRESIDENT 5.00
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
2024 No data No data No data No data
2023 $517,163 $584,264 $157,391 $-67,101
2022 $625,451 $611,888 $137,253 $13,563
2021 $897,765 $954,087 $133,390 $-56,322
2020 $984,750 $991,509 $249,377 $-6,759
2019 $693,162 $851,286 $166,606 $-158,124
2018 $419,738 $736,092 $251,941 $-316,354
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