THE AROOSTOOK MEDICAL CENTER NORTHERN LIGHT AR GOULD HOSPITAL

THE AROOSTOOK MEDICAL CENTER NORTHERN LIGHT AR GOULD HOSPITAL

Presque Isle, ME, US
501(c)(3)
EIN
01-0372148
Hospital
Subordinate Organization

THE AROOSTOOK MEDICAL CENTER NORTHERN LIGHT AR GOULD HOSPITAL

Presque Isle, ME, US
501(c)(3)
EIN
01-0372148
Hospital
Subordinate Organization

Income Statement

Fiscal Year Start:
Oct 1
Revenues in 2024

$168,543,684

Program Services
95%
Other
5%
Contributions
<1%
Investments
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$177,839,136

Salaries & Benefits
55%
Other
21%
Fees to Service Providers
15%
Offices, Occupancy & IT
7%
Depreciation
2%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$120,567
$94,268
-22%
Government Grants
$7,634,965
$0
-100%
Fundraising Events
$0
$0
-
Program Services
$155,706,736
$159,297,896
+2%
Membership Dues
$0
$0
-
Investments
$81,717
$52,570
-36%
Other
$14,005,995
$9,098,950
-35%
Total Revenues
$177,549,980
$168,543,684
-5%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$94,463,470
$97,416,184
+3%
Fees to Service Providers
$22,530,917
$26,358,362
+17%
Advertising & Promotion
$111,703
$66,646
-40%
Offices, Occupancy & IT
$11,678,091
$11,972,882
+3%
Interest
$917,878
$890,212
-3%
Depreciation
$3,740,587
$3,534,379
-6%
Other
$37,221,011
$37,600,471
+1%
Total Expenses
$170,663,657
$177,839,136
+4%
Net income
2023
2024
Change
Net income
+$6,886,323
-$9,295,452
-235%
Functional Expenses
Summary
2023
2024
Change
Program
$153,423,153
$159,937,872
+4%
Admin
$17,240,504
$17,901,264
+4%
Fundraising
$0
$0
-
Total Expenses
$170,663,657
$177,839,136
+4%
Income Statement
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