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Martin's Point Health Care Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010353275 ✦ Portland, ME ✦ Designated as a 501(c)(3)

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Overview

What is Martin's Point Health Care Inc?

Martin's Point Health Care Inc, located at 331 Veranda Street, Portland, Maine, is a nonprofit organization with a mission to create a healthier community. With a team of 1245 employees, they deliver health plan services, striving for authentic relationships built on trust. Their goal is to ensure that every person receives the care they deserve. This community-focused organization provides essential health services, aiming to make a positive impact on the lives of the people they serve.


Official website here: www.martinspoint.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96%

Martin's Point Health Care Inc has received a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The organization scored particularly well in areas such as having an independent board and maintaining solid financial oversight. Their commitment to transparency is evident, as they have policies and procedures in place that are compliant with best practices in governance.

However, user feedback indicates significant dissatisfaction, particularly regarding their Medicare Advantage Plans. Clients have reported poor customer service experiences, including mishandling of appeals and inadequate support for necessary prescriptions. Some reviews highlight a concerning pattern of dismissiveness from healthcare providers, with patients feeling that their serious health issues were not taken seriously.

Additionally, there are references to a Justice Department investigation concerning corruption related to their Medicare Advantage Plan, which has cast a shadow over their operations. While the organization demonstrates strong financial health, these patient experiences suggest a need for improvement in patient care and communication to restore trust among its clientele.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Martin's Point Health Care Inc legitimate?

Martin's Point Health Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin's Point Health Care Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,097,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $91,234,233

For more financial information, click here


Official website here: www.martinspoint.org

What is the mission statement of Martin's Point Health Care Inc?

Martin's Point Health Care Inc is dedicated to enhancing community health through the establishment of genuine relationships founded on trust. Their mission is to make a difference in people's lives by delivering the care that every person deserves. The organization aspires to build a healthier community by fostering authentic connections and providing essential healthcare services. Martin's Point Health Care focuses on creating an environment where individuals can access quality care and feel supported in their healthcare journey. Their commitment is to create a positive impact on their clients' lives, ensuring they receive the care they need to thrive.


Official website here: www.martinspoint.org

Who is the CEO of Martin's Point Health Care Inc?

Paul F Kasuba Md is the Board Member (Start 10/2022) of Martin's Point Health Care Inc. The CEO's salary of Martin's Point Health Care Inc is $467,493 and their total compensation is $546,146.


Official website here: www.martinspoint.org

What is the revenue of Martin's Point Health Care Inc?

Martin's Point Health Care Inc's revenue in 2022 was $525,072,936.


Official website here: www.martinspoint.org

Who are the executives of Martin's Point Health Care Inc and what are their salaries?

The average compensation at Martin's Point Health Care Inc during 2022 was $74,965. There are 1245 employees at Martin's Point Health Care Inc.


Here are 18 key members and their salaries (Martin's Point Health Care Inc's CEO's salary is $467,493 and their total compensation is $546,146):


Steve Decastro (Board Member (Start 10/2022))
  • Compensation: $3,250
  • Related: $0
  • Other: $0
Ronald F Dixon Md (Board Member)
  • Compensation: $21,352
  • Related: $0
  • Other: $0
John Fitzsimmons (Board Member)
  • Compensation: $14,000
  • Related: $0
  • Other: $0
Cathleen Morrow Md (Board Member)
  • Compensation: $13,648
  • Related: $0
  • Other: $0
Edward S Mckersie (Treas. (End 9/22); Chair(Start 9/22))
  • Compensation: $24,214
  • Related: $0
  • Other: $0
Barbara E Trethaway Jd (Chair (End 9/2022); Board Member)
  • Compensation: $29,074
  • Related: $0
  • Other: $0
Kathryn Rand (Board Member; Vice Chair(Start 9/22))
  • Compensation: $17,537
  • Related: $0
  • Other: $0
George J Isham Md Ms (Vice Chair (End 9/22); Board Member)
  • Compensation: $22,000
  • Related: $0
  • Other: $0
Bradford A Hunter (Board Member; Treas. (Start 9/22))
  • Compensation: $16,500
  • Related: $0
  • Other: $0
David H Howes Md (President & Ceo (End 5/2022))
  • Compensation: $771,390
  • Related: $0
  • Other: $23,677
Paul F Kasuba Md (Board Member, Pres./Ceo (Start 6/22))
  • Compensation: $467,493
  • Related: $0
  • Other: $78,653
David E Currier (Secretary)
  • Compensation: $47,478
  • Related: $0
  • Other: $0
Amanda Jackson (Chief Financial Officer)
  • Compensation: $438,394
  • Related: $0
  • Other: $108,797
Daniel Mccormack (Coo, Delivery Systems)
  • Compensation: $529,904
  • Related: $0
  • Other: $124,166
Jeffrey Brown (Chief Information Officer)
  • Compensation: $508,606
  • Related: $0
  • Other: $125,598
Teresa Nizza (Chief Human Resources Officer)
  • Compensation: $482,508
  • Related: $0
  • Other: $95,180
Jonathan Easton Harvey Md (Chief Medical Officer)
  • Compensation: $480,606
  • Related: $0
  • Other: $118,456
Bernadette Di Re (Coo, Health Plans)
  • Compensation: $404,781
  • Related: $0
  • Other: $101,594


Official website here: www.martinspoint.org

Where can I find the form 990 for Martin's Point Health Care Inc?

Martin's Point Health Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.martinspoint.org

Learn more at the official website: www.martinspoint.org

Mission Statement of Martin's Point Health Care Inc

Martin's Point Health Care Inc, a mission-driven organization, strives to create a healthier community through meaningful connections based on trust. In simple terms, they aim to deliver the care that every person deserves (activity or mission description). Their commitment extends beyond just providing healthcare services. Instead, they focus on building authentic relationships, fostering an environment that values transparency and trust. The mission of Martin's Point Health Care is rooted in the belief that strong relationships play a pivotal role in promoting better health and well-being for individuals and the community at large. By addressing health needs with compassion and understanding, Martin's Point Health Care seeks to make a positive impact in people's lives.

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Impact




August, 2024

Martin's Point Health Care Inc's impact is significant in promoting the well-being of individuals through the delivery of quality health care services. By upholding their mission to create a healthier community through authentic relationships built on trust, Martin's Point Health Care plays a crucial role in improving the overall health and well-being of the population they serve. Their commitment to providing the care every person deserves reinforces their dedication to promoting health and wellness in the community.




This information is meant to be a general summary of Martin's Point Health Care Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$525,072,936 (2022)
Expenses
$498,454,800 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,761,763
  • Program Service Revenue: $516,101,295
  • Gross Receipts: $577,523,608

Assets and Liabilities:

  • Total Assets: $497,712,566
  • Total Liabilities: $145,648,831
  • Net Assets: $352,063,735

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Provision of Health Plan Services

Revenue

$456,540,638

Delivery of medical care

Revenue

$59,560,657

Organization Details

Founding Year

1971

Principal Officer

Paul F Kasuba Md

Main Address

331 Veranda Street PO Box 9746, Portland, ME, 041045040

NTEE Category

Code: E320 - Health

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