Civic Intelligence

Vinalhaven Eldercare Services- Resources

990 • Fiscal year 2022 • EIN 04-3380438

Jul 01, 2021 to Jun 30, 2022 • Filed on Feb 17, 2023

18 Beaver Dam Road PO Box 624Vinalhaven, ME 04863

(207) 863-9980

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.02x

Higher debt load relative to assets than 50% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

51st percentile

0.02x

Higher debt load relative to revenue than 51% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

44th percentile

3.1%

Higher net margin than 44% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

54th percentile

3.6%

Faster asset growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

44th percentile

3.2%

Faster revenue growth than 44% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$931,969

Up $32,719 (+3.6%) from 2021

Net Assets

Up

$914,436

Up $23,149 (+2.6%) from 2021

Liabilities

Up

$17,533

Up $9,570 (+120%) from 2021

Revenue

Up

$746,629

Up $23,403 (+3.2%) from 2021

Expenses

Up

$723,425

Up $50,402 (+7.5%) from 2021

Net Income

Down

$23,204

Down $26,999 (-54%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2012: $815,244Liabilities 2012: $28,803Net Assets 2012: $786,4412012Assets 2013: $751,142Liabilities 2013: $24,820Net Assets 2013: $726,3222013Assets 2014: $727,735Liabilities 2014: $18,101Net Assets 2014: $709,6342014Assets 2015: $766,076Liabilities 2015: $6,802Net Assets 2015: $759,2742015Assets 2016: $711,721Liabilities 2016: $5,954Net Assets 2016: $705,7672016Assets 2017: $716,787Liabilities 2017: $7,998Net Assets 2017: $708,7892017Assets 2018: $723,642Liabilities 2018: $6,011Net Assets 2018: $717,6312018Assets 2019: $746,994Liabilities 2019: $4,287Net Assets 2019: $742,7072019Assets 2020: $840,684Liabilities 2020: $4,539Net Assets 2020: $836,1452020Assets 2021: $899,250Liabilities 2021: $7,963Net Assets 2021: $891,2872021Assets 2022: $931,969Liabilities 2022: $17,533Net Assets 2022: $914,4362022Assets 2023: $869,767Liabilities 2023: $13,965Net Assets 2023: $855,8022023Assets 2024: $963,451Liabilities 2024: $12,248Net Assets 2024: $951,2032024Assets 2025: $1,022,112Liabilities 2025: $12,971Net Assets 2025: $1,009,1412025

Highlighted filing

2022

Assets$931,969
Liabilities$17,533
Net Assets$914,436

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2012: $502,4952012Revenue 2013: $439,929Expenses 2013: $500,048Net Income 2013: -$60,1192013Revenue 2014: $462,854Expenses 2014: $479,542Net Income 2014: -$16,6882014Revenue 2015: $542,870Expenses 2015: $493,230Net Income 2015: $49,6402015Revenue 2016: $447,942Expenses 2016: $501,449Net Income 2016: -$53,5072016Revenue 2017: $513,433Expenses 2017: $510,411Net Income 2017: $3,0222017Revenue 2018: $574,639Expenses 2018: $565,797Net Income 2018: $8,8422018Revenue 2019: $620,074Expenses 2019: $594,960Net Income 2019: $25,1142019Revenue 2020: $731,464Expenses 2020: $638,026Net Income 2020: $93,4382020Revenue 2021: $723,226Expenses 2021: $673,023Net Income 2021: $50,2032021Revenue 2022: $746,629Expenses 2022: $723,425Net Income 2022: $23,2042022Revenue 2023: $760,079Expenses 2023: $820,588Net Income 2023: -$60,5092023Revenue 2024: $892,419Expenses 2024: $802,060Net Income 2024: $90,3592024Revenue 2025: $827,972Expenses 2025: $782,129Net Income 2025: $45,8432025

Highlighted filing

2022

Revenue$746,629
Expenses$723,425
Net Income$23,204
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 17, 2023
Return Version
2021v4.2
Gross Receipts
$752,685
Mission and Program Overview

Mission

Vinalhaven Eldercare Services' mission is to provide the opportunity for Vinalhaven elders to age in place: in their homes, in the community, on the island, to maintain elder's connections to island traditions, community and family, to promote dignity, safety, health, comfort and a respectable quality of life and to be a sustainable organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$891,287$914,436▲ $23,149
Savings and Temporary Cash Investments$448,165$498,312▲ $50,147
Land, Buildings, and Equipment, Net$326,625$296,332▼ $30,293
Cash and Non-Interest-Bearing Accounts$73,837$70,676▼ $3,161
Investments in Publicly Traded Securities$24,705$28,748▲ $4,043
Accounts Receivable$9,427$15,292▲ $5,865
Prepaid Expenses and Deferred Charges$4,089$4,374▲ $285
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$899,250$931,969▲ $32,719
Other Assets Total$12,402$18,235▲ $5,833
Liabilities
Other Liabilities$4,575$11,607▲ $7,032
Deferred Revenue$0$3,253▲ $3,253
Accounts Payable and Accrued Expenses$3,388$2,673▼ $715
Total Liabilities$7,963$17,533▲ $9,570
Net Assets / Fund Balance
Total Net Assets Fund Balance$891,287$914,436▲ $23,149
Total Liabilities and Net Assets / Fund Balance$899,250$931,969▲ $32,719

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$268,663$634,030$902,693
Equipment$8,576$111,665$120,241
Other Land Buildings$19,093$77,359$96,452
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristi ButlerAdminstrator/CEOFT$52,803$52,803
Linda LynchPast Adminstrator/CEOFT$44,421$44,421

Board Members and Trustees

NameTitle
John CochranPresident
Patrick ShaneVice-President
Andy CreelmanDirector
Anne BarrettDirector
Anne DebowDirector
Cheryl WarrenDirector
Jeff AronsonDirector
Kachina WattDirector
Robert PotterDirector
James GrumbachSecretary
Shelby SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$146,857
Program Service Revenue
$581,643
Investment Income
$0
Other Revenue
$18,129
All Other Contributions
$129,252
Change in Net Assets
$23,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$465,471
Other Expenses$257,954
Total Fundraising Expense$4,682
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$335,782$42,976-$378,758
Occupancy$65,453--$65,453
Current Officers, Directors, Trustees, and Key Employees-$44,421-$44,421
Depreciation Depletion$42,766--$42,766
Payroll Taxes$26,793$7,418-$34,211
Insurance$7,772$10,554-$18,326
Office Expenses-$16,541$1,244$17,785
Fees for Services Accounting-$13,936-$13,936
Other Expenses$9,826$5,692$3,438$9,826
Other Employee Benefits$2,026$6,055-$8,081
Information Technology-$3,248-$3,248
Travel$39$2,931-$2,970
Advertising-$150-$150
Total Functional Expenses$564,821$153,922$4,682$723,425
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,422
Fundraising Direct Expenses$4,895
Gaming Gross Income$602
Gaming Direct Expenses$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Auction$10,518$10,518$1,003$9,515
Total Events$10,518$10,518$1,793$8,725
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Customer Deposits$11,607
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The Form 990 is reviewed by all board members. After review the return is filed.

Form 990, Part VI, Section B, line 12C

The Administrator/CEO monitors compliance with the policy.

Form 990, Part VI, Section B, line 15A

The Independent Personnel Committee prepares the salary recommendation for the Administrator/CEO and presents it to the Board as a whole for a vote.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request and without charge at the Organization's offices.

Filing and Contact Details

Filer

Filer Name
Vinalhaven Eldercare Services
EIN
04-3380438
Phone
2078639980
Address
18 Beaver Dam Road PO Box 624, Vinalhaven, ME 04863

Signing Officer

Name
Patrick Shane
Title
Board President
Phone
2078639980
Signed
2023-02-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kristi Butler
Formed
1998
Legal Domicile
Me
Voting Board Members
11
Independent Board Members
11
Employees
19
Volunteers
15

Preparer

Firm
Berry Dunn McNeil & Parker LLC
Address
2211 Congress St, Portland, ME 04102
Preparer
Joseph R Byrne
Phone
2077752387
Supplemental Narrative

Additional Explanations

Form 990, Part X, Line 10: Land, Buildings, and Equipment

Section 1.263(a)-3(n) Election: Vinalhaven Eldercare Services 18 Beaver Dam Rd P.O. Box 624 Vinalhaven, ME 04863 EIN: 04-3380438 Vinalhaven Eldercare Services is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).

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IRS990/MissionDesc0Vinalhaven Eldercare Services' mission is to provide the opportunity for Vinalhaven elders to age in place: in their homes, in the community, on the island, to maintain elder's connections to island traditions, community and family, to promote dignity, safety, health, comfort and a respectable quality of life and to be a sustainable organization.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoncashContributionsAmt03165
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt065453
IRS990/OccupancyGrp/TotalAmt065453
IRS990/OfficeExpensesGrp/FundraisingAmt01244
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt016541
IRS990/OfficeExpensesGrp/TotalAmt017785
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/Desc0Food & Supplies
IRS990/OtherExpensesGrp/Desc1Service Provider Tax
IRS990/OtherExpensesGrp/Desc2Miscellaneous Expense
IRS990/OtherExpensesGrp/Desc3Medic Alert & Meals on
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IRS990/OtherExpensesGrp/ProgramServicesAmt032842
IRS990/OtherExpensesGrp/ProgramServicesAmt131549
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IRS990/OtherExpensesGrp/ProgramServicesAmt39826
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IRS990/OtherExpensesGrp/TotalAmt131549
IRS990/OtherExpensesGrp/TotalAmt219103
IRS990/OtherExpensesGrp/TotalAmt39826
IRS990/OtherLiabilitiesGrp/BOYAmt04575
IRS990/OtherLiabilitiesGrp/EOYAmt011607
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt042976
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0335782
IRS990/OtherSalariesAndWagesGrp/TotalAmt0378758
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07418
IRS990/PayrollTaxesGrp/ProgramServicesAmt026793
IRS990/PayrollTaxesGrp/TotalAmt034211
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04089
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04374
IRS990/PrincipalOfficerNm0Kristi Butler
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0Program Service Revenu
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0581643
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0581643
IRS990/ProgSrvcAccomActy2Grp/Desc0The Organization provides home care and other support for elderly on the island, including meals on wheels and medical alert services.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05349
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt03728
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYGrantsAndSimilarPaidAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt023204
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0577915
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IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0268663
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0634030
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0902693
IRS990ScheduleD/EquipmentGrp/BookValueAmt08576
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0111665
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0120241
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019093
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt077359
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt096452
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011607
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt0296332
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt01003
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0675
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0675
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.02$0.01$1.01$0.83$0.78$0.05
2024Detailed filing. Detailed filing data is available for this year.$0.96$0.01$0.95$0.89$0.80$0.09
2023Detailed filing. Detailed filing data is available for this year.$0.87$0.01$0.86$0.76$0.82$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.93$0.02$0.91$0.75$0.72$0.02
2021Detailed filing. Detailed filing data is available for this year.$0.90$0.01$0.89$0.72$0.67$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.00$0.84$0.73$0.64$0.09
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.74$0.62$0.59$0.03
2018Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.72$0.57$0.57$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.72$0.01$0.71$0.51$0.51$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.71$0.45$0.50$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.77$0.01$0.76$0.54$0.49$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.73$0.02$0.71$0.46$0.48$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.02$0.73$0.44$0.50$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.03$0.79$0.50