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MaineHealth

Portland, ME · EIN 01-0238552 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

MaineHealth reported $4.71 billion in revenue and $4.52 billion in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $84.65 went to program services, $15.17 to management and general costs and $0.18 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.0% of the total. The highest compensation it reported for one person was $2,618,396 (CEO and President). 4,623 people received more than $100,000 in reportable compensation. Revenue rose 87% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $4.52B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $4.71B

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
84.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
15.2%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
2.2%0.1%
Program service revenue share
Part VIII 2g ÷ 12
86.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,618,396$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.06%1.34%
People paid over $100,000
Part VII, line 2
4,62327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
7.66.6
Independent voting board members
Part VI 1a–1b
15 of 2388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$3.60B expenses · 94.0% of program spending · grants $2.5M · revenue $4.44B

Patient CareMaineHealth Services (MaineHealth's parent) is the largest healthcare system in Maine, providing a full range of integrated healthcare services to patients in Maine and New Hampshire. MaineHealth provides healthcare services in a wide range of community-based settings and includes eight hospitals with 1,330 licensed beds, 131 ambulatory sites, 8 emergency room facilities, approximately 1,450 employed physicians, and other ancillary services. (Continued on Schedule O)(Continued from page 2 of 990, Line 4a) MaineHealth operates the following hospitals: MaineHealth Maine Medical…

$183M expenses · 4.8% of program spending · revenue $22M

Teaching (Medical and Interprofessional Education Program)Educating and training healthcare professionals is vital to MaineHealth's mission. This is a critical component to the delivery of quality health care and developing the health care workforce. To that end we have established a number of robust training and education programs. MaineHealth's flagship hospital, Maine Medical Center (MMC), has a long history of educating medical students, residents, interprofessional providers and faculty. (Continued on Schedule O)(Continued from page 2 of 990, Line 4b) The Department of Medical Education…

$46M expenses · 1.2% of program spending · grants $3.6M · revenue $28M

ResearchResearch is a core component of the MaineHealth mission and essential to the delivery of quality health care in the future. MaineHealth Institute for Research (MHIR) is the research arm of MaineHealth. MHIR supports and encourages a broad spectrum of research, ranging from basic laboratory-based research to translational and clinical research, to population and health services research. The institute has four scientific centers: the Center for Applied Science & Technology, the Center for Clinical & Translational Science, (Continued on Schedule O)(Continued from page 2 of 990, Line 4c)…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO and President
Officer, 50.00 hrs/week
$2,556,171$0$62,225$2,618,396
VP - Chief of Neurosciences
Highest compensated employee, 50.00 hrs/week
$1,474,710$0$103,230$1,577,940
Physician
Highest compensated employee, 50.00 hrs/week
$1,481,078$0$61,326$1,542,404
Associate Medical Director
Highest compensated employee, 50.00 hrs/week
$1,427,349$0$91,173$1,518,522
Physician
Highest compensated employee, 50.00 hrs/week
$1,318,572$0$115,061$1,433,633
Chief Operating Officer
Highest compensated employee, 50.00 hrs/week
$1,322,435$0$33,926$1,356,361
Former CFO, Former Board Treasurer
Officer, 50.00 hrs/week
$1,079,569$0$137,650$1,217,219
Chief Legal Officer, Board Secretary
Officer, 50.00 hrs/week
$863,649$0$102,905$966,554

4,623 people received more than $100,000 in reportable compensation from MaineHealth (Part VII, line 2). Compensation of current officers, directors and key employees totaled $8.5M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$2.00B$4.00B$6.00B$8.00BFY2020FY2021FY2022FY2023FY2024FY2025$4.71B$4.52B
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$4.71B$4.52B84.6%$2.87B$2,618,396
FY2024 ⓘ$4.11B$3.97B83.4%$2.49B$2,277,317
FY2023 ⓘ$3.69B$3.51B82.9%$2.16B$1,844,911
FY2022 ⓘ$3.44B$3.33B83.6%$2.04B$1,533,848
FY2021 ⓘ$3.17B$2.84B87.1%$2.23B$2,467,834
FY2020 ⓘ$2.52B$2.40B86.6%$1.68B$1,992,044

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b23 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 527,768
  • Volunteers Part I, line 6607

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Healthtrust Workforce Solutions LLC
Staffing Services
$116,551,593
Turner Construction Company
Construction
$38,151,872
Cross Country Staffing
Staffing Services
$24,005,378
Spectrum Healthcare Partners
Medical Service
$23,193,393
Langford and Low Inc
Construction
$20,112,914

Individuals listed as contractors are left out. 192 contractors were paid more than $100,000 in all.

Private foundation grants it received

27 private foundations reported grants to MaineHealth totaling $1.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from MaineHealth's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for MaineHealth, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Maine

Questions people ask

How much of MaineHealth's spending goes to programs?

In the fiscal year ending September 30, 2025, MaineHealth reported that 84.6% of its $4.52 billion in expenses went to program services, 15.2% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does MaineHealth pay its top executive?

The largest total compensation MaineHealth reported for one person in the fiscal year ending September 30, 2025 was $2,618,396, for the role of CEO and President (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does MaineHealth get its money?

Of $4.71 billion in revenue in the fiscal year ending September 30, 2025, 2.9% came from contributions and grants (including 2.2% from government grants) and 86.0% from program service revenue (Form 990, Part VIII).

Is MaineHealth a registered charity?

The IRS lists EIN 01-0238552 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632259349301503 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542269349301509 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412269349300861 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312269349300016 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242249349301244 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112289349300526 · read the filing

All filings for EIN 01-0238552: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.