St Joseph'S Rehabilitation & Residence

“MaineHealth (EIN #01-0238552) is the organization's sole member.”

“Elected Trustees shall be elected annually by the MaineHealth Board of Trustees, acting as the sole corporate member.”

“The exercise of the following powers by the Board of Trustees of the Corporation shall be subject to the approval of the corporate member and additionally the corporate member's sole corporate member, MaineHealth Services: 1. adoption of the annual capital and operating budgets, including modifications thereof; 2. approval of any business, marketing and strategic plans, including modifications thereof; 3. authorization for debt incurred, assumed, or guaranteed by the Corporation in excess of $1,000,000, other than as provided for in annual capital and operating budgets; 4. authorization for any acquisition, disposition, organization or investment by the Corporation in any other corporation, partnership, limited liability company or joint venture; 5. authorization for any sale, assignment, transfer, mortgage or encumbrance of any properties or assets of the Corporation having an aggregate value in excess of $1,000,000, including capitalized leases exceeding $1,000,000 in debt obligation; 6. authorization for any merger or consolidation involving the Corporation as a constituent entity or any sale or other disposition of substantially all of the assets of the Corporation; 7. authorization for the institution of any bankruptcy, insolvency or reorganization proceedings; 8. authorization for the capital investment in an individual, entity or project in the form of cash or either tangible or intangible property in excess of $1,000,000; 9. adoption of any amendments and modifications to the Articles of Incorporation of the Corporation. The approval of the corporate member but not MaineHealth Services shall be required for the exercise of the following powers by the Board of Trustees of the Corporation: 1. authorization for debt incurred, assumed, or guaranteed by the Corporation in excess of $100,000 (but not exceeding $1,000,000), other than as provided for in annual capital and operating budgets; 2. authorization for any sale, assignment, transfer, mortgage or encumbrance of any properties or assets of the Corporation having an aggregate value in excess of $100,000 (but not exceeding $1,000,000), including capitalized leases exceeding $100,000 in debt obligation; 3. authorization for the capital investment in an individual, entity or project in the form of cash or either tangible or intangible property in excess of $100,000 (but not exceeding $1,000,000); 4. authorization for developing, implementing, or terminating programs and services other than those included within any approved strategic or financial plan; 5. selection of the individual serving as Administrator; 6. adoption of the Corporation's Bylaws and any amendments and modifications to the Corporation's Bylaws; 7. authorization for the commencement of litigation other than routine collection actions; and 8. initial entry into or renewal of any management services agreement.”

“The 990 was reviewed by the Board Treasurer and made available to the full Board prior to filing.”

“MaineHealth's Audit & Compliance Services sends Conflict of Interest (COI) disclosure form requests to over 3,000 Care Team Members (including all Board Members, Officers, and other Senior Leaders) each year. Audit & Compliance Services collects the disclosure forms and reviews each submission for possible reported conflicts to determine if a management mitigation plan is required. The results of the annual COI process are reported to the MaineHealth Executive Compliance Committee, the Audit Committee, Local Health System Presidents, and the Board of Trustees Chairpersons.”

“Compensation for officers of St. Joseph's Rehabilitation and Residence is part of the independent benchmark analysis performed annually by Sullivan Cotter. All compensation decisions are reviewed and approved by the MaineHealth Chief Executive Officer, Chief Operating Officer and Chief People Officer.”

“Documents that are required to be open for public inspection are made available upon request.”

“Saint Joseph's Rehabilitation and Residence, a post-acute care facility and wholly owned subsidiary of MaineHealth, sold its bed rights to Fallbrook Commons and ceased providing patient care on Sept. 20, 2024. All 102 residents were transferred to Fallbrook Commons, a new residential and rehabilitation facility operated by North Country Associates. Fallbrook Commons is a joint venture development between North Country Associates, LLC and Sandy River Company, both Maine-based companies with decades of experience developing and operating senior care centers. Saint Joseph's was founded by The Archdiocese of Portland and was acquired by MaineHealth in 2017. Since its acquisition, MaineHealth has made significant investments, and absorbed significant financial losses in order to maintain operations, enhance the quality of care and maximize the facility's use during its final years. As part of a planned transition, MaineHealth sold 102 bed licenses to Fallbrook Commons. MaineHealth will begin to assess how to best utilize the remaining assets of Saint Joseph's to enhance the health of the individuals and communities that it serves.”

“Contract Services - Medical: Program service expenses 10,843,016. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,843,016. Consulting - Financial: Program service expenses 136,520. Management and general expenses 11,847. Fundraising expenses 0. Total expenses 148,367. Fees - Medical Services: Program service expenses 439,723. Management and general expenses 0. Fundraising expenses 0. Total expenses 439,723. Contract Services - Payroll: Program service expenses 0. Management and general expenses 29,869. Fundraising expenses 0. Total expenses 29,869. Contract Services - Pastoral Care: Program service expenses 0. Management and general expenses 3,600. Fundraising expenses 0. Total expenses 3,600. Ambulance Services: Program service expenses 295,195. Management and general expenses 0. Fundraising expenses 0. Total expenses 295,195. Billing: Program service expenses 92,015. Management and general expenses 7,985. Fundraising expenses 0. Total expenses 100,000.”

“Equity transfer from related organization 39,781,263.”