What is Penobscot Valley Hospital's total revenue?

Penobscot Valley Hospital reported total revenue of $23.6M for tax year 2023 on its IRS Form 990, against $25.4M in total expenses.

What are Penobscot Valley Hospital's total assets?

Penobscot Valley Hospital reported total assets of $7.7M and net assets of $1.4M on its FY2023 IRS Form 990.

Where can I find Penobscot Valley Hospital's IRS Form 990?

Penobscot Valley Hospital files IRS Form 990 annually under EIN 01-0545327. The financial summary, executive compensation, and community benefit data are shown on this page; the original filing is also available directly from the IRS.

IRS Form 990 · EIN 01-0545327

Penobscot Valley Hospital

Lincoln, ME 04457-0368 · Tax year 2023

NTEE E20

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$23.6M

Total revenue

$25.4M

Total expenses

—

Net income

—

Operating margin

Financial summary

Total revenue: $23.6M
Contributions + grants: $496K
Program service revenue: $23.1M
Total expenses: $25.4M
Program expenses: —
Administrative expenses: —
Fundraising expenses: —
Net income: —
Total assets: $7.7M
Total liabilities: $6.3M
Net assets: $1.4M

Peer comparison

Compared to 4 organizations with NTEE E20 in ME

Avg revenue (peers)

$315.0M

This org:$23.6M

Avg net income (peers)

$191K

This org:—

Avg top exec comp (peers)

$443K

This org (highest):$691K

Executive compensation (FY2024)

19 officers + key employees from the most recent Schedule J filing (FY2024; the financial summary above is FY2023)

Name	Title	Hours/wk	Base comp	Total comp
Todd Tritch MD	ED Physician and Medical Director	40	$642K	$691K
Christopher M Fallon MD	Physician	40	$434K	$453K
Dr Glenn Deyo	Surgeon	40	$330K	$361K
Dr Stratton J Shannon	Physician	40	$336K	$339K
Melissa Pelkey	CEO	40	$185K	$220K
Crystal Landry RN	Past CEO	20	$182K	$220K
Elisa Blethen	CFO	40	$170K	$198K
Dr Carl Alessi	Physician	40	$173K	$188K
Lisa Veillette	CNO	40	$87K	$87K
Amy Theriault	Past COO	0	$695	$695
Phillip Dawson Jr	President	1.5	—	—
Jesse McNally	Past Board Member	1.5	—	—
Richard Stone	Board Member	1.5	—	—
Kristen Sciolino DDS	Board Member	1.5	—	—
Ryan Reed	Board Member	1.5	—	—
Patricia Nobel MD	Board Member	1.5	—	—
Christine Hanson	Board Member	1.5	—	—
H Joseph Thibodeau DDS	Treasurer	1.5	—	—
Beatrice Szantyr MD	Vice President	1.5	—	—

10-year history

Revenue and net income trend across all available filings

RevenueNet income

Year	Revenue	Expenses	Net income	Assets
2024	—	—	—	—
2023	$23.6M	$25.4M	—	$7.7M
2021	$23.5M	$21.6M	$6K	$10.7M
2020	$19.7M	$18.6M	—	$10.9M
2019	$17.9M	$18.5M	$-1K	$8.9M
2018	$18.7M	$19.7M	$-26K	$8.3M
2017	$20.6M	$22.3M	$26K	$9.4M
2016	$21.5M	$23.5M	$60K	$10.8M
2015	$22.9M	$24.0M	$21K	$12.5M
2014	$25.1M	$26.0M	$44K	$13.4M

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