Overview
What is Katahdin Valley Health Center?
Katahdin Valley Health Center is a nonprofit organization based in Patten, Maine. With a workforce of 353 employees, they offer medical, dental, and various health care services to individuals from the surrounding areas of Patten, Millinocket, Brownville, Ashland, Island Falls, Lincoln, Dover, and Houlton. As a Federally Qualified Health Center, their mission is to provide essential health care to the community, ensuring accessibility to those living in these Maine areas.
Official website here: www.kvhc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Katahdin Valley Health Center has achieved an impressive score of 96%, indicating strong performance in accountability and finance. The charity’s operations are backed by a fully independent board, which suggests a commitment to transparency and governance. The organization scored full points in critical areas such as financial statement oversight, absence of asset diversion, and adherence to policies regarding conflicts of interest and whistleblowers.
The center allocates a significant portion of its expenses, over 71%, directly to its programs, demonstrating effectiveness in utilizing funds to support its mission. Additionally, the liabilities to assets ratio is a healthy 36.18%, reflecting a solid financial position and stability. The comprehensive oversight mechanisms in place contribute to a sense of trust and reliability in the organization’s operations.
While the evaluation highlights no notable weaknesses, it is important to recognize that ongoing monitoring of financial health and program effectiveness is essential for continued success. Overall, Katahdin Valley Health Center exemplifies diligent management and a strong commitment to its community, making it a noteworthy nonprofit in the health sector.
This AI summary has been generated from information found on Charity Navigator.
Is Katahdin Valley Health Center legitimate?
Katahdin Valley Health Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Katahdin Valley Health Center 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,323,333
For more financial information, click here
Official website here: www.kvhc.org
What is the mission statement of Katahdin Valley Health Center?
The Katahdin Valley Health Center is dedicated to delivering medical, dental, and various other healthcare services to individuals residing in the regions of Patten, Millinocket, Brownville, Ashland, Island Falls, Lincolon, Dover, and Houlton, Maine. It operates as a Federally Qualified Health Center. The organization's primary goal is to cater to the healthcare needs of people in these areas, ensuring access to essential medical services. By providing comprehensive healthcare, Katahdin Valley Health Center aims to improve the overall well-being of the community. The center offers a range of healthcare solutions, addressing the needs of individuals of all ages. Through its unwavering commitment to community health, Katahdin Valley Health Center plays a crucial role in maintaining the well-being of its served areas.
Official website here: www.kvhc.org
Who is the CEO of Katahdin Valley Health Center?
Claudette Humphrey is the CEO of Katahdin Valley Health Center The CEO's salary of Katahdin Valley Health Center is $386,810 and their total compensation is $420,724.
Official website here: www.kvhc.org
What is the revenue of Katahdin Valley Health Center?
Katahdin Valley Health Center's revenue in 2024 was $34,203,366.
Official website here: www.kvhc.org
Who are the executives of Katahdin Valley Health Center and what are their salaries?
The average compensation at Katahdin Valley Health Center during 2024 was $46,319. There are 374 employees at Katahdin Valley Health Center.
Here are 18 key members and their salaries (Katahdin Valley Health Center's CEO's salary is $386,810 and their total compensation is $420,724):
- Compensation: $386,810
- Related: $0
- Other: $33,914
- Compensation: $220,081
- Related: $0
- Other: $34,616
- Compensation: $215,752
- Related: $0
- Other: $27,316
- Compensation: $213,466
- Related: $0
- Other: $19,361
- Compensation: $227,697
- Related: $0
- Other: $3,214
- Compensation: $196,390
- Related: $0
- Other: $18,799
- Compensation: $177,670
- Related: $0
- Other: $12,236
- Compensation: $167,860
- Related: $0
- Other: $13,736
- 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
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.kvhc.org
Where can I find the form 990 for Katahdin Valley Health Center?
Katahdin Valley Health Center's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.kvhc.org
Learn more at the official website: www.kvhc.org
Mission Statement of Katahdin Valley Health Center
Katahdin Valley Health Center, a federally qualified health center, is committed to delivering essential medical, dental, and other healthcare services to individuals residing in the regions of Patten, Millinocket, Brownville, Ashland, Island Falls, Lincoln, Dover, and Houlton, Maine. This community-focused organization is dedicated to enhancing the health and wellbeing of its population.
By offering a comprehensive range of healthcare solutions, Katahdin Valley Health Center addresses the diverse medical needs of people across all age groups within its service areas in central and northern Maine. The center is deeply rooted in the belief that every individual has the right to access quality healthcare, regardless of their location or socioeconomic status. As a result, it provides critical healthcare services, ensuring that the people it serves have access to the care they need to live healthy lives.
In its mission to improve the overall health of the community, Katahdin Valley Health Center fosters a patient-centered approach that prioritizes the needs and wellbeing of its clients. The organization's team of skilled healthcare professionals is dedicated to providing personalized care that goes beyond simply treating medical conditions. By focusing on the unique needs of each individual, Katahdin Valley Health Center plays a vital role in maintaining and enhancing the health of its community.
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Impact
October, 2024
Katahdin Valley Health Center significantly impacts the health and well-being of individuals in central and northern Maine, particularly in communities such as Patten, Millinocket, Brownville, Ashland, Island Falls, Lincoln, Dover, and Houlton. By offering a comprehensive range of medical and dental services, the center serves residents of all ages, ensuring accessible healthcare for diverse populations.
The center's ability to provide essential healthcare services addresses critical needs in areas that may experience shortages of medical providers. This enhances overall community health outcomes, reduces barriers to care, and promotes preventative measures, which are crucial in maintaining healthier populations. By being a federally qualified health center, Katahdin Valley Health Center is equipped to cater to low-income and underserved individuals, thus fostering a more equitable healthcare environment in the region. Overall, its contributions are vital in promoting community health, improving quality of life, and supporting the local economy by keeping residents healthy.
This information is meant to be a general summary of Katahdin Valley Health Center. 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 2024.
- Investment Income: $216,410
- Program Service Revenue: $23,936,771
- Gross Receipts: $34,203,366
Assets and Liabilities:
- Total Assets: $40,956,131
- Total Liabilities: $15,738,438
- Net Assets: $25,217,693
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL FEES
Revenue
$16,842,545
PHARMACY REVENUE
Revenue
$4,919,025
INCENTIVE REWARDS
Revenue
$1,294,440
340B PROGRAM
Revenue
$750,125
OTHER REVENUE
Revenue
$130,636
Organization Details
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