Overview
What is Boothbay Region Health Care Inc?
Boothbay Region Health Care Inc is a community-governed nonprofit organization located at 185 Townsend Ave Suite R, Boothbay Harbor, ME 04538. Their primary mission is to establish an accessible, effective, high-quality, efficient, and affordable primary healthcare system that prioritizes patient and family needs. This comprehensive healthcare system aims to unite patients and providers, fostering a collaborative effort to maintain good health for all ages. With 15 dedicated employees, Boothbay Region Health Care Inc serves as a reliable resource for primary healthcare services within the community.
Official website here: www.boothbayhealthcare.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
Boothbay Region Health Care Inc has received a Two-Star rating from Charity Navigator, indicating a moderate performance in accountability and finance. The organization excels in areas such as having a fully independent board with 100% of its members qualifying as independent and maintaining strong auditing practices. This shows a commitment to governance and transparency in their operations.
However, there are significant areas for improvement. The nonprofit's liabilities to assets ratio is concerning at 153.94%, suggesting potential financial instability. Additionally, there are missing policies that could impact its governance, including a whistleblower policy and a document retention and destruction policy, which are crucial for ensuring accountability and transparency.
On a positive note, Boothbay Region Health Care demonstrates a high program expense ratio of 99.87%, indicating that nearly all of its expenses are directed towards its programs. This suggests a focus on effectively serving its community. Nevertheless, the absence of certain policies and the financial liabilities indicate that stakeholders should monitor the organization's financial health and governance practices closely.
This AI summary has been generated from information found on Charity Navigator.
Is Boothbay Region Health Care Inc legitimate?
Boothbay Region Health Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boothbay Region 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $616,041
For more financial information, click here
Official website here: www.boothbayhealthcare.org
What is the mission statement of Boothbay Region Health Care Inc?
Boothbay Region Health Care Inc's mission is centered around establishing a comprehensive primary health care system that prioritizes community governance and caters to the needs of its patients. This system is intended to be accessible, effective, and of high quality, ensuring affordability and sustainability. It aims to be patient and family-centered, personal, and accountable to the patients it serves. Furthermore, it strives to unite patients and providers in a collaborative effort to promote and maintain good health for all ages.
Official website here: www.boothbayhealthcare.org
Who is the CEO of Boothbay Region Health Care Inc?
Jerry Homer is the Treasurer of Boothbay Region Health Care Inc.
Official website here: www.boothbayhealthcare.org
What is the revenue of Boothbay Region Health Care Inc?
Boothbay Region Health Care Inc's revenue in 2021 was $897,765.
Official website here: www.boothbayhealthcare.org
Who are the executives of Boothbay Region Health Care Inc and what are their salaries?
The average compensation at Boothbay Region Health Care Inc during 2021 was $41,069. There are 15 employees and 12 volunteers at Boothbay Region Health Care Inc.
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Official website here: www.boothbayhealthcare.org
Where can I find the form 990 for Boothbay Region Health Care Inc?
Boothbay Region Health Care Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.boothbayhealthcare.org
Learn more at the official website: www.boothbayhealthcare.org
Mission Statement of Boothbay Region Health Care Inc
Boothbay Region Health Care Inc is committed to establishing a comprehensive primary healthcare system that is governed by the community and caters to the needs of its people. This system is designed to be accessible, affordable, and sustainable, ensuring that it provides high-quality, efficient, and effective healthcare for all ages. The organization's mission emphasizes a patient- and family-centered approach, prioritizing the needs and preferences of its patients. By uniting patients and healthcare providers, Boothbay Region Health Care Inc aims to foster good health and well-being for everyone in the community. The nonprofit organization strives to be accountable to its patients, ensuring that they are at the forefront of its operations and decisions.
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Impact
July, 2024
Boothbay Region Health Care Inc's impact lies in creating a comprehensive primary health care system under community governance, driven by the needs of the people it serves. By focusing on accessibility, effectiveness, high quality, efficiency, affordability, sustainability, and patient and family-centered care, the organization works towards uniting patients and providers to develop and maintain good health for all ages. Through its mission, Boothbay Region Health Care Inc plays a crucial role in ensuring the well-being and healthcare needs of its community are met effectively and sustainably.
This information is meant to be a general summary of Boothbay Region 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: $9
- Program Service Revenue: $518,264
- Gross Receipts: $911,782
Assets and Liabilities:
- Total Assets: $133,390
- Total Liabilities: $220,856
- Net Assets: -$87,466
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICAL CARE
Revenue
$508,250
FIT, FLEXIBLE, AND STR
Revenue
$9,075
REDUCE DEMENTIA
Revenue
$939
Organization Details
Founding Year
2015
Phone
(207) 633-1075Principal Officer
Jerry Homer
Main Address
185 TOWNSEND AVE SUITE R, BOOTHBAY HARBOR, ME, 045381895
Website
www.boothbayhealthcare.orgNTEE Category
Code: E32 - Health
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