LINCOLNHEALTH COVES EDGE Charity Report

Public IRS 990 nonprofit record

LINCOLNHEALTH COVES EDGE

EIN 01-0382340 · Health Care (E910)

What they do

LincolnHealth Coves Edge Will Uphold The Trust Placed In Us By Assuring: -the Best and Most Compassionate Skilled Nursing, Long Term-care, Assisted Living and Adult Day Care Services From Well Trained Professionals. -that The Independence and Dignity of Our Patients, Residents, and Clients Will Always Be Respected, and Promoting Open Communication In All Care Decisions That, As A Not-for-profit Organization, We Will Be Trustworthy Stewards of Our Resources. -our Active Participation and Support of The Mainehealth Family.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $88.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

127.39%of revenue went to mission work88.6% of expenses · Program services

$143.82spent for every $100 of revenueSpending was higher than revenue this year.

16.43%of revenue went to management and office costs11.4% of expenses

$0.51in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $4,458,433 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $165,975 for CHERYL L DOBBELSTEYN (SENIOR DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$10,173,767

Mission workProgram services$12,960,787127.39% of revenue88.6% of expenses

ManagementOffice and general costs$1,671,41316.43% of revenue11.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$14,632,200143.82% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 88.6% mission · 11.4% management · 0.0% fundraisingTotal expenses: 143.82% of revenue

2022Expense mix: 91.7% mission · 8.3% management · 0.0% fundraisingTotal expenses: 128.49% of revenue

2021Expense mix: 92.3% mission · 7.7% management · 0.0% fundraisingTotal expenses: 160.41% of revenue

2020Expense mix: 91.5% mission · 8.2% management · 0.3% fundraisingTotal expenses: 128.57% of revenue

2019Expense mix: 91.8% mission · 7.9% management · 0.3% fundraisingTotal expenses: 103.90% of revenue

2018Expense mix: 94.7% mission · 5.1% management · 0.3% fundraisingTotal expenses: 104.95% of revenue

2017Expense mix: 94.9% mission · 4.7% management · 0.4% fundraisingTotal expenses: 105.38% of revenue

2016Expense mix: 94.4% mission · 5.1% management · 0.5% fundraisingTotal expenses: 103.91% of revenue

Money in and money out

Revenue$10,173,767

Expenses$14,632,200

Annual shortfall $4,458,433 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$12,960,787 · 88.6% of expenses

Management and office costs$1,671,413 · 11.4% of expenses

See all reported dollar amounts

Revenue$10,173,767

Expenses$14,632,200

Assets$7,400,787

Income$11,717,579

Contributions$1,300

Mission work (program services)$12,960,787

Management and general$1,671,413

Stocks and bonds$2,441,780

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHERYL L DOBBELSTEYNSENIOR DIRECTOR · 50 hrs/week $165,975Base $142,048 · Other $23,927

WANDA WILCOXEXECUTIVE DIRECTOR · 50 hrs/week $160,889Base $134,954 · Other $25,935

KATHRYN A BEANREGISTERED NURSE · 50 hrs/week $158,510Base $145,881 · Other $12,629

THELMA A HANNANDIRECTOR OF NURSING · 50 hrs/week $145,894Base $109,222 · Other $36,672

CYNTHIA T LINDSLEYMANAGER OF CLINICAL NURSING · 50 hrs/week $108,929Base $103,844 · Other $5,085

WAYNE PRINTYCHIEF FINANCIAL OFFICER · 3 hrs/week $58,246Base · Other $58,246

CYNTHIA WADEPRESIDENT, LH · 3 hrs/week $56,611Base · Other $56,611

OMAR HASAN MDCHIEF QUALITY OFFICER, MH · 1 hrs/week $56,587Base · Other $56,587

SAMIRA HASAN DOPHYSICIAN, LH · 1 hrs/week $53,224Base · Other $53,224

TIMOTHY FOX MDPHYSICIAN, LH · 1 hrs/week $53,182Base · Other $53,182

AQUILINO ALAMO MDPHYSICIAN, LH · 1 hrs/week $51,648Base · Other $51,648

SEAN ODONNELL MDPHYSICIAN, LH · 1 hrs/week $49,685Base · Other $49,685

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

CHERYL L DOBBELSTEYNSENIOR DIRECTOR

WANDA WILCOXEXECUTIVE DIRECTOR

KATHRYN A BEANREGISTERED NURSE

THELMA A HANNANDIRECTOR OF NURSING

CYNTHIA T LINDSLEYMANAGER OF CLINICAL NURSING

WAYNE PRINTYCHIEF FINANCIAL OFFICER

CYNTHIA WADEPRESIDENT, LH

OMAR HASAN MDCHIEF QUALITY OFFICER, MH

SAMIRA HASAN DOPHYSICIAN, LH

TIMOTHY FOX MDPHYSICIAN, LH

AQUILINO ALAMO MDPHYSICIAN, LH

SEAN ODONNELL MDPHYSICIAN, LH

JESSICA PINKHAM RNDIRECTOR OF SURGICAL SERVICES

KELLY ELKINSCHIEF OPERATING OFFICER, MH

ANDREW RUSS MDPHYSICIAN, LH

LESLIE FOSSELTRUSTEE

LOUIS SELLTRUSTEE

MARVA NESBITSECRETARY

MEAGAN G HAMBLETTTRUSTEE

JACK T FULMER MDCHAIR

PETER WOODTREASURER

RUSSELL MACK MDPHYSICIAN, LH

HOLLY STOVERTRUSTEE

DENISE SOUCY MDTRUSTEE

BRUCE P GARRENVICE CHAIR

BRUCE LUTSKTRUSTEE

WAYNE MOORETRUSTEE

About this charity

Recognized since: January 1982
Location: 35 MILES STREET, DAMARISCOTTA, ME 04543
County: Lincoln
In care of: Wayne Printy
Primary officer: Wayne Printy, Chief Financial Officer

How to reach them

WebsiteVisit the charity’s website Phone(207) 563-4600

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
NTEE classification: Health Care (E910)
IRS tax category: Nursing Care Facilities (Skilled Nursing Facilities)