Lincolnhealth Cove's Edge
Lincolnhealth Cove's Edge reported $10.4 million in revenue and $15.9 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $87.82 went to program services, $12.18 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 93.7% of the total. The highest compensation it reported for one person was $1,356,361 (Chief Operating Officer, MH). 7 people received more than $100,000 in reportable compensation. Revenue fell 13% 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 $16MFor 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 $10MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.8% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.2% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.1% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 93.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,356,361 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 8.52% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 7 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -13.5 | 6.6 |
| Independent voting board members Part VI 1a–1b | 11 of 21 | 88.9% |
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 expenseLong Term Care - LincolnHealth Cove's Edge long term care program services include a 76 bed, dually licensed facility that provides both skilled and long term nursing care to its residents. For the year ending September 30, 2025, LincolnHealth Cove's Edge had 15,759 patient days. Of those days, 11% represented Medicare patients, and 65% MaineCare patients
Residential Care - LincolnHealth Cove's Edge provides residential care at its Chase Point facility. Chase Point consists of 24 residential care apartments and 18 memory care beds. For the year ending September 30, 2025, Chase Point had 5,641 residential care patient days, and 4,877 memory care patient days. Of the memory care days, 48% represented MaineCare patients
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Chief Operating Officer, MH Director/trustee, 1.00 hrs/week | $0 | $1,322,435 | $33,926 | $1,356,361 |
| Chief Quality Officer, MH Director/trustee, 1.00 hrs/week | $0 | $785,276 | $59,333 | $844,609 |
| Physician, LH Director/trustee, 1.00 hrs/week | $0 | $715,421 | $58,557 | $773,978 |
| President, LH Director/trustee, officer, 1.00 hrs/week | $0 | $500,699 | $59,486 | $560,185 |
| Chief Medical Officer, LH Director/trustee, 1.00 hrs/week | $0 | $429,923 | $58,581 | $488,504 |
| Physician, LH Director/trustee, 1.00 hrs/week | $0 | $424,718 | $20,434 | $445,152 |
| Chief Financial Officer Officer, 1.00 hrs/week | $0 | $358,182 | $63,222 | $421,404 |
| Physician, LH Director/trustee, 1.00 hrs/week | $0 | $351,130 | $53,918 | $405,048 |
7 people received more than $100,000 in reportable compensation from Lincolnhealth Cove's Edge (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b21 · 11 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 15aNo
- 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 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 642
Correct a figure or respond
Every number above is copied from Lincolnhealth Cove's Edge's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lincolnhealth Cove's Edge, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Lincolnhealth Cove's Edge spent in FY2025, $87.82 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Lincolnhealth Cove's Edge's spending goes to programs?
In the fiscal year ending September 30, 2025, Lincolnhealth Cove's Edge reported that 87.8% of its $15.9 million in expenses went to program services, 12.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Lincolnhealth Cove's Edge pay its top executive?
The largest total compensation Lincolnhealth Cove's Edge reported for one person in the fiscal year ending September 30, 2025 was $1,356,361, for the role of Chief Operating Officer, MH (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lincolnhealth Cove's Edge get its money?
Of $10.4 million in revenue in the fiscal year ending September 30, 2025, 0.1% came from contributions and grants and 93.7% from program service revenue (Form 990, Part VIII).
Is Lincolnhealth Cove's Edge a registered charity?
The IRS lists EIN 01-0382340 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 202602229349300705 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502199349301825 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432199349300848 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312149349300311 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202229349301600 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202132249349301853 · read the filing
All filings for EIN 01-0382340: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.