Mount Desert Island Hospital
79% goes to programs $0 to raise $100 Strong reserves
Mount Desert Island Hospital is a 501(c)(3) organization based in Bar Harbor, Maine, registered in 1940, with $101,028,358 in FY2024 revenue. CharityIndex grades it A, and it directs about 79% of spending to programs.
10 Wayman Ln, Bar Harbor, ME, 04609 EIN 01-0211797 Since 1940
Revenue (FY2024)
$101.0M
▼ 11.9% vs prior year
Health median: $840K
Expenses (FY2024)
$91.9M
Net assets
$77.9M
Employees
577
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating79% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Mount Desert Island Hospital: 79% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +9% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Mount Desert Island Hospital: 10 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Mount Desert Island Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Mount Desert Island Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Critical access hospital, providing medical & healthcare services located in bar harbor, me.
Contact & location
- Address
- 10 Wayman Ln, Bar Harbor, ME, 04609
- City
- Bar Harbor
- State
- Maine
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $50.0M (FY2013) to $101.0M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $32.9MNet assets $77.9M
Operating margin
9.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$110.8M
Total liabilities
$32.9M
Net assets
$77.9M
Salaries & benefits
$53.0M
58% of expenses
Board members
19
17 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $101,028,358▼11.9% | $91,948,548▲0.8% | $77,903,187▲7.7% | $110,782,791▲4.5% | 990 |
| 2023 | $114,669,555▲34.2% | $91,204,570▲3.1% | $72,320,542▲45.9% | $106,023,085▲32.5% | 990 |
| 2022 | $85,474,752▼9.6% | $88,439,225▲11.2% | $49,564,576▼5.0% | $80,033,646▼5.1% | 990 |
| 2021 | $94,579,483▲13.6% | $79,539,780▲8.3% | $52,180,954▲32.1% | $84,300,625▲2.0% | 990 |
| 2020 | $83,223,429▲14.2% | $73,414,852▲2.9% | $39,498,591▲39.1% | $82,649,941▲26.8% | 990 |
| 2019 | $72,870,776▲8.7% | $71,362,629▲7.1% | $28,388,404▲1.8% | $65,183,877▲25.9% | 990 |
| 2018 | $67,016,472▲10.1% | $66,636,992▲12.2% | $27,877,572▲0.9% | $51,760,310▲1.4% | 990 |
| 2017 | $60,894,545▼4.6% | $59,413,158▲0.3% | $27,620,966▲7.1% | $51,033,957▼1.8% | 990 |
| 2016 | $63,815,749▲15.2% | $59,259,648▲7.2% | $25,783,350▲25.5% | $51,969,386▲8.1% | 990 |
| 2015 | $55,418,330▲2.7% | $55,291,331▲3.8% | $20,538,350▼2.2% | $48,075,250▼2.5% | 990 |
| 2014 | $53,953,497▲7.9% | $53,256,598▲0.8% | $20,989,672▲2.0% | $49,324,045▼0.4% | 990 |
| 2013 | $49,993,947 | $52,812,599▼4.2% | $20,581,323▼3.6% | $49,537,121▼5.5% | 990 |
| 2012 | — | $55,118,855▲0.2% | $21,341,513▲2.9% | $52,443,534▼0.2% | 990 |
| 2011 | — | $55,035,351▲6.9% | $20,745,181▼9.4% | $52,560,561▼0.7% | 990 |
| 2010 | — | $51,491,061▲6.2% | $22,889,424▲12.4% | $52,909,124▲28.3% | 990 |
| 2009 | — | $48,484,835 | $20,366,142 | $41,225,229 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Stuart Davidson Md — $627,481 (0.68% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Stuart Davidson Md | Physician | 50 | $627,481 |
| Charles Hendricks Md | Physician | 50 | $548,783 |
| Damian Flowers | Medical Staff President | 50 | $510,644 |
| Joseph Dougherty Md | Physician | 50 | $472,450 |
| Christina Maquire | President & Ceo | 50 | $455,306 |
| George Shafranov | Physician | 50 | $363,723 |
| David Sugerman | Physician | 50 | $353,235 |
| Peter Witham Md | Trustee (thru Aug)/physician | 50 | $225,461 |
| Michelle Smith | Vp/treasurer/cfo | 40 | $212,045 |
| Julian Kuffler Md | Trustee (see Sch O) | 1 | $132,894 |
| Morgan Mackenzie Parady | Clerk/secretary | 40 | $67,238 |
| Arthur Martinez | Trustee | 1 | — |
| Charles Manee Hutchins | Trustee | 1 | — |
| Dean S Read | Trustee | 1 | — |
| Dr Joseph Jacobson | Trustee | 1 | — |
| Edward Benz Md | Trustee | 1 | — |
| Edward Samek | Trustee | 1 | — |
| Elsie Flemings | Trustee | 1 | — |
| Enoch Albert | Trustee | 1 | — |
| Kathryn Lucchesi Phd Rph | Trustee | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Landry & French Construction Co | Construction Services | $5,934,714 |
| Aya Healthcare | Locum Staffing | $2,749,988 |
| El Shea Inc | Construction Services | $1,708,662 |
| Cerner Corporation | Healthcare It Solutions | $1,483,156 |
| Bay State Physical Therapy of Randolph | Locum Staffing | $999,488 |
Grants received · $5.2M total
62 grants to Mount Desert Island Hospital totaling $5.2M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fjc | General operating support | 2024 | $100,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $64,924 |
| Maine Community Foundation Inc | General hospitals | 2024 | $43,500 |
| The Bessemer Giving Fund | General support | 2024 | $39,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $322,600 |
| The Chicago Community Trust | General support for programs, operations and other charitable purposes | 2023 | $106,000 |
| Fjc | General operating support | 2023 | $100,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2023 | $55,002 |
| The Bessemer Giving Fund | General support | 2023 | $51,000 |
| Maine Community Foundation Inc | General hospitals | 2023 | $41,000 |
| Donor Advised Charitable Giving | Health | 2023 | $32,500 |
| National Philanthropic Tr | Health | 2023 | $31,000 |
| Delaware Community Foundation | Unrestricted support | 2023 | $20,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $10,000 |
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Compare Mount Desert Island Hospital
Frequently asked questions
- Is Mount Desert Island Hospital a legitimate nonprofit?
- Yes. Mount Desert Island Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 01-0211797, based in Bar Harbor, Maine. Donations are tax-deductible.
- What is Mount Desert Island Hospital's EIN?
- Mount Desert Island Hospital's Employer Identification Number (EIN) is 01-0211797.
- How much revenue does Mount Desert Island Hospital report?
- Mount Desert Island Hospital reported $101,028,358 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Mount Desert Island Hospital's spending goes to programs?
- Mount Desert Island Hospital spends about 79% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mount Desert Island Hospital have?
- CharityIndex grades Mount Desert Island Hospital A, based on program efficiency and fundraising cost.
- How much does Mount Desert Island Hospital's highest-paid employee make?
- The highest reported compensation on Mount Desert Island Hospital's latest Form 990 is $627,481, paid to Stuart Davidson Md (Physician).
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Data for Mount Desert Island Hospital (EIN 01-0211797) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.