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Lincolnhealth Cove's Edge

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010382340 ✦ Damariscotta, ME ✦ Designated as a 501(c)(3)

Overview

What is Lincolnhealth Cove's Edge?

Lincolnhealth Cove's Edge is a dedicated nonprofit organization situated in Damariscotta, Maine. Committed to upholding the trust placed in it, the organization provides top-notch skilled nursing, long-term care, assisted living, and adult day care services, all delivered with compassion by well-trained professionals. In addition, they offer residential care through Chase Point, which comprises 24 residential care apartments and 18 dementia care beds. Lincolnhealth Cove's Edge also houses a 76-bed facility that provides both skilled and long-term nursing care to its residents. The organization's mission is to respect the independence and dignity of its patients, residents, and clients, promote open communication in care decisions, and serve as a responsible steward of its resources, while actively participating in and supporting MaineHealth's initiatives.


Official website here: www.lchcare.org

Is Lincolnhealth Cove's Edge legitimate?

Lincolnhealth Cove's Edge is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lincolnhealth Cove's Edge submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,080,925

For more financial information, click here


Official website here: www.lchcare.org

What is the mission statement of Lincolnhealth Cove's Edge?

Lincolnhealth Cove's Edge prioritizes upholding the trust placed in it by delivering exceptional skilled nursing, long-term care, assisted living, and adult day care services. These services are provided by well-trained professionals who respect the independence and dignity of their patients, residents, and clients. Open communication is promoted in all care decisions, and as a not-for-profit organization, Lincolnhealth Cove's Edge aims to be a trustworthy steward of its resources. The organization also actively participates and supports various initiatives within the healthcare community. Lincolnhealth Cove's Edge further extends its services through its Chase Point facility, offering residential care with 24 residential care apartments and 18 dementia care beds, and a 76-bed facility providing both skilled and long-term nursing care.


Official website here: www.lchcare.org

Who is the CEO of Lincolnhealth Cove's Edge?

Cynthia Wade is the President of Lincolnhealth Cove's Edge.


Official website here: www.lchcare.org

What is the revenue of Lincolnhealth Cove's Edge?

Lincolnhealth Cove's Edge's revenue in 2022 was $8,507,382.


Official website here: www.lchcare.org

Who are the executives of Lincolnhealth Cove's Edge and what are their salaries?

Here are 26 key members and their salaries:

    Joan Boomsma Md (Former Chief Medical Officer, Mh) [Trustee/Director]
  • Compensation: $0
  • Related: $1,020,233
  • Other: $45,354

    • Omar Hasanmd (Chief Quality Officer, Mh) [Trustee/Director]
  • Compensation: $0
  • Related: $602,066
  • Other: $47,546

    • Samira Hasan Do (Physician) [Trustee/Director]
  • Compensation: $0
  • Related: $492,529
  • Other: $40,576

    • Timothy Fox Md (Physician) [Trustee/Director]
  • Compensation: $0
  • Related: $441,835
  • Other: $44,942

    • Cynthia Wade (President)
  • Compensation: $0
  • Related: $386,058
  • Other: $48,606

    • Sean O'Donnell Md (Physician) [Trustee/Director]
  • Compensation: $0
  • Related: $321,179
  • Other: $42,282

    • Andrew Russ Md (Physician) [Trustee/Director]
  • Compensation: $0
  • Related: $299,961
  • Other: $46,724

    • Wayne Printy (Chief Financial Officer)
  • Compensation: $0
  • Related: $279,853
  • Other: $35,669

    • James Donovan (Former President)
  • Compensation: $0
  • Related: $253,933
  • Other: $16,026

    • Aquilino Alamo Md (Physician) [Trustee/Director]
  • Compensation: $0
  • Related: $210,337
  • Other: $39,845

    • Joan Teele (Registered Nurse I)
  • Compensation: $122,291
  • Related: $0
  • Other: $32,794

    • Cheryl L Dobbelsteyn (Senior Director)
  • Compensation: $120,712
  • Related: $0
  • Other: $18,203

    • Wanda Wilcox (Executive Director)
  • Compensation: $107,100
  • Related: $0
  • Other: $18,711

    • Russell Mack Md (Physician) [Trustee/Director]
  • Compensation: $0
  • Related: $86,400
  • Other: $0

    • Bruce P Garren (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marva Nesbit (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack T Fulmer Md (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Fossel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Soucy Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Stover (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meagan G Hamblett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Lutsk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Sell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lawrence (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly Elkins (Chief Operating Officer, Mh) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lchcare.org

    Where can I find the form 990 for Lincolnhealth Cove's Edge?

    The Lincolnhealth Cove's Edge’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lchcare.org

    Learn more at the official website: www.lchcare.org

    Mission Statement of Lincolnhealth Cove's Edge

    Lincolnhealth Cove's Edge, a trustworthy not-for-profit organization, is dedicated to upholding the faith bestowed upon it by delivering top-notch and compassionate skilled nursing, long-term care, assisted living, and adult day care services. This is achieved through the expertise of well-trained professionals. The organization goes beyond basic care services, extending its commitment to respecting the independence and dignity of its patients, residents, and clients. Lincolnhealth Cove's Edge promotes open communication in all care decisions, ensuring transparency and patient involvement. As a testament to its stewardship, the organization actively participates and supports the MaineHealth family, further solidifying its commitment to providing exceptional care. Additionally, Lincolnhealth Cove's Edge offers residential care through its Chase Point facility, providing 24 residential care apartments and 18 dementia care beds. The organization also operates a 76-bed facility that provides both skilled and long-term nursing care to its residents.

    Impact

    This information is meant to be a general summary of Lincolnhealth Cove's Edge. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Lincolnhealth Cove's Edge has a significant impact on the community by providing the best and most compassionate skilled nursing, long-term care, assisted living, and adult day care services. They uphold the trust placed in them by ensuring the independence and dignity of their patients, residents, and clients are always respected. Through their well-trained professionals, they promote open communication in all care decisions, creating a supportive and caring environment for those in need of their services. Additionally, as a nonprofit organization, Lincolnhealth Cove's Edge is a trustworthy steward of resources, actively participating and supporting the MaineHealth family. Overall, their dedication to quality care and service has a positive impact on the well-being of individuals in Damariscotta and the surrounding areas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,441
  • Program Service Revenue: $7,725,778
  • Gross Receipts: $9,387,489

    • Assets and Liabilities:
  • Total Assets: $8,330,762
  • Total Liabilities: $4,130,747
  • Net Assets: $4,200,015
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PATIENT SERVICE REVENU

    Revenue

    $5,389,626

    RESIDENT SERVICE REVEN

    Revenue

    $2,336,152

    Organization Details

    Founding Year

    1981

    Principal Officer

    Cynthia Wade

    Main Address

    35 MILES STREET, DAMARISCOTTA, ME, 04543

    NTEE Category

    Code: E910 - Health

    If you are a representative of Lincolnhealth Cove's Edge and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.