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Non-profit hospitals in Maine: revenue, profit and executive pay

What 15 non-profit hospital organizations covering 15 Maine hospitals reported to the IRS on their public Form 990: how much they took in, what they spent and what they paid their leaders.

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Non-profit hospital organizations
15 organizations

They file for 15 Maine hospitals listed on this site and together reported $1.9 billion in revenue.

Took in more than they spent
47%

7 reported a surplus and 8 a deficit. The typical margin (surplus as a share of revenue) was -1.1%, against 2.9% nationally.

Largest non-profit hospitals in Maine

By total revenue on the latest Form 990. The percentage is the margin: how much of each dollar was left after expenses.

Every non-profit hospital organization in Maine

One row per Form 990 filing, with the Maine hospitals it covers. Click a column to sort. Officer pay is the total for all current officers, directors, trustees and key employees together, not one person.

Organization Revenue Margin Officer pay (total) Net assets Tax year IRS filings
Central Maine Medical Center Lewiston $505.4 million -3.8% $19.3 million deficit $4.8 million $99.0 million Jun 2023 Full Form 990 filings (ProPublica)
Mercy Hospital Portland $288.6 million 3.1% $9.0 million surplus $2.9 million $54.3 million Sep 2023 Full Form 990 filings (ProPublica)
St Marys Regional Medical Center Lewiston $238.0 million -12.5% $29.8 million deficit $1.9 million -$26.3 million Dec 2023 Full Form 990 filings (ProPublica)
York Hospital York $210.4 million -5.2% $11.0 million deficit $2.1 million $58.1 million Dec 2023 Full Form 990 filings (ProPublica)
Redington-fairview General Hospital Skowhegan $154.5 million 1.6% $2.5 million surplus $2.1 million $101.5 million Jun 2023 Full Form 990 filings (ProPublica)
Mount Desert Island Hospital Bar Harbor $85.5 million -3.5% $3.0 million deficit $1.2 million $49.6 million Apr 2023 Full Form 990 filings (ProPublica)
Bridgton Hospital Bridgton $70.4 million 22.5% $15.8 million surplus $0 $24.6 million Jun 2023 Full Form 990 filings (ProPublica)
Northern Maine Medical Center Fort Kent $68.7 million -5.1% $3.5 million deficit $2.1 million $42.9 million Sep 2023 Full Form 990 filings (ProPublica)
Down East Community Hospital Machias $62.3 million -1.1% $686,000 deficit $1.9 million $31.0 million Dec 2023 Full Form 990 filings (ProPublica)
Rumford Hospital Rumford $60.3 million 12.2% $7.3 million surplus $0 $11.6 million Jun 2023 Full Form 990 filings (ProPublica)
Houlton Regional Hospital Houlton $51.2 million -4.1% $2.1 million deficit $1.4 million $13.0 million Sep 2023 Full Form 990 filings (ProPublica)
Blue Hill Memorial Hospital Inc Blue Hill $44.9 million 5.6% $2.5 million surplus $1.3 million $37.3 million Sep 2023 Full Form 990 filings (ProPublica)
Millinocket Regional Hospital Millinocket $31.8 million 0.1% $28,000 surplus $2.0 million $9.3 million Jun 2023 Full Form 990 filings (ProPublica)
Calais Community Hospital Calais $27.4 million 0.8% $230,000 surplus $0 $4.1 million Dec 2023 Full Form 990 filings (ProPublica)
Penobscot Valley Hospital Lincoln $23.6 million -7.6% $1.8 million deficit $596,000 $1.4 million Dec 2023 Full Form 990 filings (ProPublica)

Surplus is revenue minus expenses; a negative figure is a deficit. Net assets are what the organization owns minus what it owes. When a health system files one return for several hospitals, the figures are the system's totals, which may include hospitals in other states.

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How Maine compares with the U.S.

The typical non-profit hospital organization in Maine kept -1.1% of its revenue after expenses, lower than the national median of 2.9%.

MeasureMaineUnited States
Median margin-1.1%2.9%
Share with a surplus47%65%
Median revenue$68.7 million$124.0 million
Median officer pay (total)$2.0 million$1.3 million

Questions about non-profit hospitals in Maine

What are the largest non-profit hospitals in Maine?

By revenue on their latest IRS Form 990: Central Maine Medical Center ($505.4 million), Mercy Hospital ($288.6 million), St Marys Regional Medical Center ($238.0 million), York Hospital ($210.4 million), Redington-fairview General Hospital ($154.5 million). Some of these filings cover a whole health system, including hospitals in other states.

How much do non-profit hospitals in Maine make?

The 15 non-profit hospital organizations we matched in Maine reported $1.9 billion in combined revenue on their latest Form 990. 7 reported a surplus (more revenue than expenses) and 8 a deficit. The typical (median) margin was -1.1%, lower than the U.S. median of 2.9%.

Which non-profit hospital in Maine pays its officers the most?

Central Maine Medical Center reported the highest total: $4.8 million. That is the combined pay of all its current officers, directors, trustees and key employees, not one person. Pay for each named executive is in the full filing.

Do non-profit hospitals in Maine pay taxes?

Non-profit hospitals are exempt from federal income tax and usually from state and local property and sales taxes. In return they are expected to provide community benefits, such as charity care, and must file a public Form 990 with the IRS each year.

Source: IRS Form 990 data (Exempt Organizations Business Master File and SOI annual extracts). Organizations are matched to hospitals by legal name and address. Figures are as filed for the latest available tax year. For-profit and government hospitals don't file a Form 990, so they are not listed. About the data.