Miles Health Care Inc in Damariscotta, Maine (ME)

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Miles Health Care Inc
Employer Identification Number (EIN)010382339
Name of OrganizationMiles Health Care Inc
Address35 Miles Street, Damariscotta, ME 04543
ActivitiesFundraising
SubsectionCharitable Organization
Ruling Date08/1982
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2007
Assets$10,000,000 to $49,999,999
Income$10,000,000 to $49,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$14,802,648
Amount of Income$13,863,681
Form 990 Revenue Amount$13,354,474
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Fund Raising and/or Fund Distribution


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Amount of income in 2007: $13,863,681
This organization: 

 $13,863,681
Other organizations performing similar types of work: 

 $6,738,823

Assets in 2007: $14,802,648
Miles Health Care Inc: 

 $14,802,648
Other organizations performing similar types of work: 

 $27,052,672

Expenses in 2002: $4,003,819
This organization: 

 $4,003,819
Other organizations performing similar types of work: 

 $3,062,102

Income to expenses ratio in 2002: 1.1
This organization: 

 1.1
Other organizations performing similar types of work: 

 1.2

Expenses allocated to program services in 2002: 55.8%
Miles Health Care Inc: 

 55.8%
Other organizations performing similar types of work: 

 85.8%

Employees paid over $50,000 in 2002: 17.5%
This organization: 

 17.5%
Other organizations performing similar types of work: 

 30.8%

Grants share in income in 2002: 9.1%
Miles Health Care Inc: 

 9.1%
Other organizations performing similar types of work: 

 8.7%

Financial snapshot ($)

Revenue for 2002

Assets at end of 2002

Expenses for 2002

Functional Expenses for 2002 ($)

Income-Producing Activities for 2002

Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002
Total revenue$3,678,897$3,661,970$4,284,154
Contributions, gifts, grants, and similar amounts received$169,309$229,255$387,929
Contributions to donor advised funds
Direct public support$169,309$229,255$387,929
Indirect public support$0$0$0
Government contributions (grants)$0$0$0
Program service revenue including government fees and contracts$2,519,076$2,879,882$3,600,723
Membership dues and assessments$0$0$0
Interest on savings and temporary cash investments$0$0$0
Dividends and interest from securities$39,529$32,996$24,312
Net rental income or (loss)$180,922$185,002$184,920
Gross rents$193,727$193,470$184,920
Less: rental expenses$12,805$8,468$0
Other investment income$0$0$0
Gain or (loss) from sales of assets other than inventory$284,121$-52,101$31,177
Gross amount from sales of assets other than inventory$284,121$0$31,177
Less: cost or other basis and sales expenses$0$52,101$0
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0
Less: cost of goods sold$0$0$0
Other revenue$485,940$386,936$55,093
Total expenses$3,683,109$3,738,799$4,003,819
Program services$3,069,203$2,686,148$2,232,210
Management and general$364,702$815,943$1,602,967
Fundraising$249,204$236,708$168,642
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$2,609,563$2,280,584$2,752,782
Excess or (deficit) for the year$-4,212$-76,829$280,335
Net assets or fund balances at beginning of year$3,589,465$2,609,563$2,280,584
Other changes in net assets or fund balances$-975,690$-252,150$191,863
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$4,003,819$2,232,210$1,602,967$168,642
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$1,349,866$751,418$539,599$58,849
Pension plan contributions not included above$35,647$19,843$14,250$1,554
Employee benefits not included above$227,558$126,669$90,968$9,921
Payroll taxes$88,639$49,346$35,429$3,864
Professional fundraising fees$0$0$0$0
Accounting fees$365,093$212,497$152,596$0
Legal fees$3,943$2,295$1,648$0
Supplies$16,437$7,750$5,566$3,121
Telephone$0$0$0$0
Postage and shipping$0$0$0$0
Occupancy$100,155$56,059$40,256$3,840
Equipment rental and maintenance$0$0$0$0
Printing and publications$205,917$98,476$70,716$36,725
Travel$7,739$3,129$2,247$2,363
Conferences, conventions, and meetings$0$0$0$0
Interest$253,965$147,817$106,148$0
Depreciation, depletion, etc.$424,222$246,912$177,310$0
Other expenses not covered above$924,638$509,999$366,234$48,405
Balance Sheets
200020012002
Total assets$12,543,366$14,121,619$16,220,587
Cash - non-interest-bearing$0$0$0
Savings and temporary cash investments$496,998$429,243$579,147
Accounts receivable less allowance for doubtful accounts$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0
Grants receivable$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$0$0$0
Inventories for sale or use$0$0$0
Prepaid expenses and deferred charges$1,507$47,010$69,061
Investments - publicly-traded securities
Investments - other securities$1,517,241$1,200,333$1,544,434
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0
Investments - other$915,853$831,853$937,332
Land, buildings, and equipment less accumulated depreciation$5,420,457$5,032,392$4,671,244
Other assets, including program-related investments$4,191,310$6,580,788$8,419,369
Total liabilities$9,933,803$11,841,035$13,467,805
Accounts payable and accrued expenses$2,560,596$1,434,438$4,538,230
Grants payable$0$0$0
Deferred revenue$1,991,965$0$0
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$0$0$0
Mortgages and other notes payable$4,687,550$5,835,154$7,561,810
Other liabilities$693,692$4,571,443$1,367,765
Total liabilities and net assets/fund balances$12,543,366$14,121,619$16,220,587
Total net assets or fund balances$2,609,563$2,280,584$2,752,782
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002
Total revenue$3,678,897$3,661,970$4,284,154
Total revenue, gains, and other support per audited financial statements$2,909,697$3,670,438$4,476,016
Other expenses$-782,005$0$191,862
Net unrealized gains on investments$-782,005$0$191,862
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$0$0$0
Other revenue$-12,805$-8,468$0
Investment expenses$0$0$0
Other$-12,805$-8,468$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002
Total expenses$3,683,109$3,738,799$4,003,819
Total expenses and losses per audited financial statements$3,695,914$3,999,417$4,003,819
Other revenue$0$252,150$0
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$187,257$0
Other$0$64,893$0
Other expenses$-12,805$-8,468$0
Investment expenses$0$0$0
Other$-12,805$-8,468$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 200640
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$240,409$3,655,816
Program service revenue
Program service revenue 1000000$000$0$3,600,723
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$24,312$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$0Real property rental income that does not depend on the income or profits derived by the person leasing the property and is excluded by section 512(b)(3)$184,920$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$31,177$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$55,093
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$102,304$19,430$0
$102,301$20,238$0
$96,013$19,148$0
$91,150$19,577$0
$86,150$18,869$0
Total number of other employees paid over $50,0002
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
199920002001
Total$2,997,160$3,678,897$3,661,970
Gifts, grants, and contributions received$215,280$169,309$229,255
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$2,047,183$3,005,016$3,399,719
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$249,493$504,572$32,996
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$485,204$0$0
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Unrelated Trade or Business Income (for 2008)
IncomeExpensesNet
Total$0$0$0
Gross receipts or sales less returns and allowances$0$0$0
Cost of goods sold$0$0$0
Gross profit$0$0$0
Capital gain net income$0$0$0
Net gain$0$0$0
Capital loss deduction for trusts$0$0$0
Income (loss) from partnerships and S corporations$0$0$0
Rent income$0$0$0
Unrelated debt-financed income$0$0$0
Interest, annuities, royalties, and rents from controlled organizations$0$0$0
Investment income of a section 501(c)(7), (9), or (17) organization$0$0$0
Exploited exempt activity income$0$0$0
Advertising income$0$0$0
Other income$0$0$0
Deductions Not Taken Elsewhere (for 2008)
Total deductions$0
Compensation of officers, directors, and trustees$0
Salaries and wages$0
Repairs and maintenance$0
Bad debts$0
Interest$0
Taxes and licenses$0
Charitable contributions$0
Depreciation$0
Depletion$0
Contributions to deferred compensation plans$0
Employee benefit programs$0
Excess exempt expenses$0
Excess readership costs$0
Other deductions$0
Unrelated business taxable income$0
Unrelated business taxable income before net operating loss deduction$0
Net operating loss deduction$0
Unrelated business taxable income before specific deduction$0
Specific deduction$1,000
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Number of organizations performing similar types of work
Alabama2
Arkansas1
Arizona2
California18
Colorado1
Connecticut8
District of Columbia3
Florida8
Georgia3
Iowa1
Illinois14
Indiana1
Kansas3
Kentucky4
Louisiana1
Massachusetts9
Maryland7
Maine2
Michigan7
Minnesota4
Missouri4
Mississippi2
North Carolina7
North Dakota2
Nebraska2
New Hampshire2
New Jersey3
New Mexico1
Nevada1
New York18
Ohio9
Oregon2
Pennsylvania27
Rhode Island1
Tennessee3
Texas10
Utah3
Virginia8
Washington10
Wisconsin4
West Virginia2
Total220

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