Overview
What is Mainegeneral Health?
Mainegeneral Health is a renowned nonprofit organization headquartered at 35 Medical Center Parkway, Augusta, Maine (ME 04330). With a workforce of 5520 dedicated employees, the organization provides administrative services for its tax-exempt subsidiaries and sets overall goals and strategies for the efficient and coordinated delivery of essential health care services. Their mission is to improve the health and wellbeing of their patients, families, and the wider community. This is accomplished through offering a range of health care services for individuals of all ages and in various care settings.
Official website here: www.mainegeneral.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 60% (Two-Star out of Four Star rating)
Mainegeneral Health has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial performance. While the organization boasts strong governance elements, such as a majority of independent board members and an effective audit committee, it falls short in key financial ratios. The low program expense ratio suggests that a smaller portion of its budget is allocated directly to programs, which could be a concern for potential donors.
Strengths highlighted in the evaluation include robust policies for conflict of interest and whistleblower protections, which reflect a commitment to transparency and ethical practices. The organization has also demonstrated diligence in documenting its board meeting minutes and maintaining a presence online through its tax forms, ensuring accessibility for stakeholders.
However, the significant liabilities to assets ratio and the low percentage of expenses directed toward programs raise questions about the financial health and impact of Mainegeneral Health. Potential supporters might want to consider these financial metrics in their decision-making process regarding donations or partnerships.
This AI summary has been generated from information found on Charity Navigator.
Is Mainegeneral Health legitimate?
Mainegeneral Health is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mainegeneral Health 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: $1,414,890
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,235,661
For more financial information, click here
Official website here: www.mainegeneral.org
What is the mission statement of Mainegeneral Health?
Mainegeneral Health is dedicated to improving the health of patients, families, and communities on a daily basis. They achieve this goal through a diverse range of healthcare services for people of all ages in various care settings. The organization goes beyond just providing healthcare, as it aims to enhance overall well-being for its patients and their families. By developing and implementing effective strategies, Mainegeneral Health coordinates the delivery of necessary healthcare services in an efficient manner. The mission is carried out through administrative services for tax-exempt subsidiaries and the implementation of system-wide health care goals.
Official website here: www.mainegeneral.org
Who is the CEO of Mainegeneral Health?
Charles Hays is the President & Ceo of Mainegeneral Health. The CEO's salary of Mainegeneral Health is $929,551 and their total compensation is $971,570.
Official website here: www.mainegeneral.org
What is the revenue of Mainegeneral Health?
Mainegeneral Health's revenue in 2022 was $13,719,711.
Official website here: www.mainegeneral.org
Who are the executives of Mainegeneral Health and what are their salaries?
The average compensation at Mainegeneral Health during 2022 was $1,567. There are 5520 employees and 16 volunteers at Mainegeneral Health.
Here are 26 key members and their salaries (Mainegeneral Health's CEO's salary is $929,551 and their total compensation is $971,570):
- Compensation: $929,551
- Related: $0
- Other: $42,019
- Compensation: $0
- Related: $415,973
- Other: $43,456
- Compensation: $414,235
- Related: $0
- Other: $38,283
- Compensation: $0
- Related: $315,189
- Other: $25,863
- Compensation: $316,723
- Related: $0
- Other: $38,342
- Compensation: $293,113
- Related: $0
- Other: $14,404
- Compensation: $291,121
- Related: $0
- Other: $44,302
- Compensation: $212,510
- Related: $0
- Other: $22,150
- Compensation: $168,648
- Related: $0
- Other: $9,868
- Compensation: $71,104
- Related: $0
- Other: $3,149
- Compensation: $0
- Related: $37,741
- Other: $745
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $10,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mainegeneral.org
Where can I find the form 990 for Mainegeneral Health?
Mainegeneral Health's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mainegeneral.org
Learn more at the official website: www.mainegeneral.org
Mission Statement of Mainegeneral Health
MaineGeneral Health strives to improve the health and wellbeing of patients, families, and communities on a daily basis. They accomplish this through a diverse range of healthcare services catering to individuals of all ages and in various care settings. MaineGeneral Health serves as the administrative backbone for tax-exempt subsidiaries within the organization, while also setting the strategic direction for the delivery of essential healthcare services in an efficient and coordinated manner.
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Impact
October, 2024
MaineGeneral Health plays a crucial role in enhancing the health and well-being of individuals and communities in Augusta, Maine, and its surrounding areas. By providing a comprehensive range of healthcare services tailored for people of all ages, the organization ensures that essential health needs are met across various settings.
Through efficient administration and strategic planning, MaineGeneral Health coordinates the delivery of necessary services, thereby improving access to quality healthcare. This commitment not only supports patients and their families but also fosters a healthier community as a whole. The organization’s focus on patient-centered care helps promote wellness and preventive measures, ultimately contributing to the overall health of the population it serves.
This information is meant to be a general summary of Mainegeneral Health. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $624,918
- Program Service Revenue: $12,988,057
- Gross Receipts: $13,997,055
Assets and Liabilities:
- Total Assets: $49,305,333
- Total Liabilities: $41,268,953
- Net Assets: $8,036,380
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management Fee
Revenue
$12,549,761
Other
Revenue
$438,296
Organization Details
Founding Year
1997
Phone
(207) 626-1000Principal Officer
Charles Hays
Main Address
35 Medical Center Parkway, Augusta, ME, 04330
Website
www.mainegeneral.orgNTEE Category
Code: E22 - Health
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