Lakewood Northern Light Continuing Care Lakewood
Lakewood Northern Light Continuing Care Lakewood reported $14.5 million in revenue and $14.6 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $87.60 went to program services, $12.40 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: 99.8% of the total. The highest compensation it reported for one person was $805,724 (EVP & CPO). 6 people received more than $100,000 in reportable compensation. Revenue rose 22% 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 $15MFor 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 $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 87.6% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 12.4% | 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 | 99.8% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $805,724 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 5.53% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 6 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -0.4 | 6.6 |
| Independent voting board members Part VI 1a–1b | 4 of 5 | 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 expenseProvide Skilled, Dementia and Long-Term Nursing Care
Northern Light Continuing Care Lakewood is a 105 bed long-term care facility in Waterville, Maine. Northern Light Continuing Care Lakewood is a not-for-profit skilled nursing facility that has cared for the residents of Central Maine for forty-two years. During fiscal year 2025 Northern Light Continuing Care Lakewood had an 88% occupancy rate. Northern Light Continuing Care Lakewood is a member of Eastern Maine Healthcare Systems d/b/a Northern Light Health
Please see the following excerpt from the Northern Light Health Annual Report 2025 to the Community for detail of community benefit projects at NLH members:Guiding the wayEvery day, our Northern Light Health team demonstrates extraordinary commitment to our mission and to the patients, families, and communities who rely on us. Their dedication serves as a constant reminder of the strength that only comes from working together with purpose.This annual report tells some of the stories that reflect our determination to care for the people of Maine. From our smallest health centers to our largest…
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 |
|---|---|---|---|---|
| EVP & CPO Officer, 0.00 hrs/week | $0 | $679,220 | $126,504 | $805,724 |
| Ex-Officio Director/trustee, officer, 0.50 hrs/week | $0 | $426,878 | $40,357 | $467,235 |
| Ex-Officio Director/trustee, officer, 0.50 hrs/week | $0 | $358,000 | $62,058 | $420,058 |
| VP Finance Officer, 0.00 hrs/week | $0 | $316,029 | $21,765 | $337,794 |
| Former VP Finance Listed in Part VII, 0.00 hrs/week | $0 | $307,677 | $14,988 | $322,665 |
| CNA III Listed in Part VII, 40.00 hrs/week | $180,297 | $0 | $22,554 | $202,851 |
| CNA III Listed in Part VII, 40.00 hrs/week | $165,557 | $0 | $14,790 | $180,347 |
| Registered Nurse I Listed in Part VII, 40.00 hrs/week | $129,812 | $0 | $25,105 | $154,917 |
6 people received more than $100,000 in reportable compensation from Lakewood Northern Light Continuing Care Lakewood (Part VII, line 2). Compensation of current officers, directors and key employees totaled $154K (Part IX, line 5).
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–1b5 · 4 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 2Yes
- 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 5156
- Volunteers Part I, line 68
Correct a figure or respond
Every number above is copied from Lakewood Northern Light Continuing Care Lakewood's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Lakewood Northern Light Continuing Care Lakewood, you can publish a response that is linked from this page.
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Of every $100 Lakewood Northern Light Continuing Care Lakewood spent in FY2025, $87.60 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Lakewood Northern Light Continuing Care Lakewood's spending goes to programs?
In the fiscal year ending September 30, 2025, Lakewood Northern Light Continuing Care Lakewood reported that 87.6% of its $14.6 million in expenses went to program services, 12.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Lakewood Northern Light Continuing Care Lakewood pay its top executive?
The largest total compensation Lakewood Northern Light Continuing Care Lakewood reported for one person in the fiscal year ending September 30, 2025 was $805,724, for the role of EVP & CPO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Lakewood Northern Light Continuing Care Lakewood get its money?
Of $14.5 million in revenue in the fiscal year ending September 30, 2025, 0.1% came from contributions and grants and 99.8% from program service revenue (Form 990, Part VIII).
Is Lakewood Northern Light Continuing Care Lakewood a registered charity?
The IRS lists EIN 01-0421234 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 202632179349302008 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502169349300830 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412149349300441 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342199349301484 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212159349301106 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122189349301022 · read the filing
All filings for EIN 01-0421234: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.