2025-05-07T07:59:11-05:00 2024-06-30 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2023-07-01 010376832 Maine Veterans Home MAIN 2076220075 460 Civic Center Drive Augusta ME 04330 Kevin Brooks CFO 2076220075 2025-05-06 1 1 Joseph R Byrne P01289281 2077752387 2025-05-06 2023 2025-03-06 01:10:19Z Sharon Fusco 460 Civic Center Drive Augusta ME 04330 123608507 0 X www.mainevets.org X 1983 ME Maine Veterans' Homes provides skilled nursing and rehabilitation, long term care, memory care, pharmacy support and consultation, and assisted living services for veterans and eligible family members at six facilities across Maine. 13 13 1591 81 -523660 0 2669740 3493422 80987861 94841996 1220686 2617462 4584336 5706733 89462623 106659613 0 0 0 0 61839864 71116944 0 0 0 41245443 42086921 103085307 113203865 -13622684 -6544252 185101800 172629725 57041186 52078318 128060614 120551407 X To provide skilled, long term care, pharmacy and rehabilitation services for veterans, their spouses, widows, widowers, and gold star families. 0 0 31710114 24823348 Maine Veterans' Home Augusta operates 138 beds, providing skilled nursing, physical/occupational/speech therapy and rehabilitation, long-term care, memory care, and assisted living services. During FY24, we provided 47,028 days of care to 213 residents. Efforts to recover from the coronavirus pandemic were the primary focus in this fiscal year. 23569872 23487322 Maine Veterans' Home Scarborough operates 150 beds, providing skilled nursing, physical/occupational/speech therapy and rehabilitation, long-term care, memory care, and assisted living services. During FY24, we provided 50,855 days of care to 256 residents. Efforts to recover from the coronavirus pandemic were the primary focus in this fiscal year. 24346028 22071312 Maine Veterans' Home Bangor operates 150 beds, providing skilled nursing, physical/occupational/speech therapy and rehabilitation, long-term care, memory care, and assisted living services. DuringFY24, we provided 50,375 days of care to 258 residents. Efforts to recover from the coronavirus pandemic were the primary focus in this fiscal year. 20260871 30955728 We operate three additional facilities in Maine, one in South Paris (90 beds), Caribou (70 beds) and Machias (30 beds). During FY24, we provided a combined total of 61,493 days of care to 317 residents. MVH Pharmacies provides medication and consulting services to all six MVH facilities and external nursing homes. 20260871 30955728 99886885 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 66 0 1 1591 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Kevin Brooks 2076220075 460 Civic Center Drive Augusta ME 04330 Donald Lagace Board Chair 1.00 X X 0 0 0 Steven SanPedro Vice Chair 1.00 X X 0 0 0 Emil Genest Treasurer 1.00 X X 0 0 0 Julie Schwetz Secretary 1.00 X X 0 0 0 Angela Armstrong Board Member 1.00 X 0 0 0 Christine Brawn Board Member 1.00 X 0 0 0 Heather Burr Board Member 1.00 X 0 0 0 Sam Collins Board Member 1.00 X 0 0 0 Christopher Gardner Board Member 1.00 X 0 0 0 Diane Jackson Board Member 1.00 X 0 0 0 Bridget Miller Board Member 1.00 X 0 0 0 Michael Pooler Board Member 1.00 X 0 0 0 David Richmond Board Member 1.00 X 0 0 0 Richard Parent Past Board Member 1.00 X 0 0 0 Sharon Fusco CEO 40.00 X 250001 0 11034 Kevin Brooks CFO 40.00 X 190927 0 55034 Rebecca Gagnon COO 40.00 X 187486 0 13567 Neil Thurlow Director of Pharmacy Ops 40.00 X 168803 0 41996 Jeffrey Church Pharmacist 40.00 X 168738 0 24164 Gregory Urban Administrator 40.00 X 160948 0 21733 Jacob Anderson Administrator 40.00 X 159951 0 15856 James McQuaid Past Chief Pharmacy Officer 40.00 X 161990 0 21422 1448844 0 204806 40 0 1 0 Hudson Staffing PLLC 4409 Ivan Creek Dr Franklin TN 37064 Contract Nursing 5890323 Health Carousel LLC PO Box 714216 Cincinnati OH 45271 Contract Nursing 1698396 MAS Medical Staffing PO Box 4473 Houston TX 77210 Contract Nursing 686932 Select Rehabilitation Inc PO Box 71985 Chicago IL 60694 Therapy Services 606842 Boreas Transportation Company LLC 150 Dunbar Hill Rd Embden ME 04958 Delivery Services 565362 20 3171294 322128 3493422 Net Resident Service Revenue 623000 86730149 86730149 V.A. Stipend Revenue 623000 7575281 7575281 Other Revenue 900099 536566 271245 265321 94841996 620231 620231 9532678 184967 7649681 70733 1882997 114234 1997231 1997231 14935213 9228480 5706733 6495714 -788981 106659613 101072389 -523660 2617462 708049 708049 54465487 49655273 4810214 6633363 6010090 623273 8418590 7628360 790230 891455 803454 88001 289023 289023 111960 111960 60375 60375 32678 32678 10314658 8311320 2003338 130575 130575 3014780 1403679 1611101 337790 337790 2627830 2611692 16138 59119 17986 41133 71993 37404 34589 1022420 1022420 8182735 8182735 469898 469898 Miscellaneous Expense 5558356 5422161 136195 Health Care Provider Ta 5106717 5106717 Food and Janitorial Sup 2769448 2769448 Medical Supplies 1926566 1926566 113203865 99886885 13316980 0 X 6750 6950 1583450 6401948 452324 44782 6398637 7705785 763791 1176558 82263 154734 204233908 76538928 135159417 127694980 22846355 15495006 2994031 2987228 14814782 10961754 185101800 172629725 12846208 9237710 19996561 20437796 24198417 22402812 57041186 52078318 X 0 0 0 0 128060614 120551407 128060614 120551407 185101800 172629725 -6544252 -964955 0 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 60375 60375 0 Part II-B, Line 1: Maine Veterans' Home lobbying costs include a portion of dues paid to the Maine Health Care Association. This figure includes the preparation of documents and research needed to support State and Federal legislation by the law firm of Soltan Bass. The Senior Care Pharmacy Coalition states 100% of member dues are used for lobbying and political expenditures are included in this figure. 6898776 6898776 158051586 55796775 102254811 132314 39784 92530 23586394 15453591 8132803 15564838 5248778 10316060 127694980 Deferred Outflows of Resources 8691868 Estimated Third-Party Settlements 2269886 10961754 Deferred Inflows of Resources 3905113 Post Employment Benefit Obligations 777930 Net Pension Liability 17071517 Resident Funds Held in Trust 194895 Capital Leases 453357 22402812 112583595 -964955 6921615 5956660 106626935 32678 32678 106659613 120092802 6921615 6921615 113171187 32678 32678 113203865 Part XI, Line 2d - Other Adjustments: Pharmacy Cost of Sales 6,921,615. Part XII, Line 2d - Other Adjustments: Pharmacy Cost of Sales 6,921,615. X 0 0 0 0 0 0 0 0 0 Sharon Fusco CEO 250001 0 0 0 0 0 10000 0 1034 0 261035 0 0 0 Kevin Brooks CFO 176744 0 0 0 14183 0 24999 0 30035 0 245961 0 0 0 Neil Thurlow Director of Pharmacy Ops 159668 0 0 0 9135 0 9402 0 32594 0 210799 0 0 0 Rebecca Gagnon COO 184021 0 0 0 3465 0 0 0 13567 0 201053 0 0 0 Jeffrey Church Pharmacist 146303 0 0 0 22435 0 10400 0 13764 0 192902 0 0 0 James McQuaid Past Chief Pharmacy Officer 116225 0 0 0 45765 0 4601 0 16821 0 183412 0 0 0 Gregory Urban Administrator 149624 0 0 0 11324 0 4976 0 16757 0 182681 0 0 0 Jacob Anderson Administrator 149585 0 0 0 10366 0 3485 0 12371 0 175807 0 0 0 A Maine Health and Higher Educational Facilities Authority - 2023A 010314384 56042SBX7 2023-07-25 72065468 New money & refunding 0 0 1 A 1416229 21854025 1317344 326121 20210560 2023 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 1 0 0 0 0 0 A 0 Form 990, Schedule K: The amount of the issue price on Part I differs from the amount reported on Part II due to the fact the bond is a pooled financing bond. The amount reported on Part II represents Maine Veterans Home's portion of the bond proceeds. Form 990, Part VI, Section B, line 11b The first draft of the 990 return will be completed by our auditor/tax firm BerryDunn using the information provided from audited financial statements and the MVH Finance staff. The draft return is reviewed by the CEO, CFO, Controller and Accounting Manager prior to being presented to the full Board for their review. If the return needs any changes, MVH staff will research changes and adjust the 990 in accordance to the Board's recommendations. After the Board review is complete, the return is submitted electronically with the IRS. Form 990, Part VI, Section B, line 12c Maine Veterans' Homes regularly and consistently monitors the compliance program through a variety of mechanisms, including internal and external audits, two party approval for purchasing and payments, and a compliance hotline reporting tool. Recurring internal audits are performed throughout the year. An external audit is conducted by an independent auditor annually. MVH's Compliance Officer maintains a list of employees who jobs may subject them to conflict of interest (COI). The Compliance Officer conducts annual compliance trainings to explain and educate on COI. If there is a report of suspected COI, this will be investigated by the Compliance Officer, who reports directly to the Board on such matters. For Board business that involves COI, the member is required to recuse him/herself from the decision making process and this is documented in the board minutes. Form 990, Part VI, Section B, line 15 When hiring officers, Maine Veterans' Homes determines salaries for these positions using a compensation consultant, based on market demands for similar positions within the long term care industry. Form 990, Part VI, Section C, line 19 Financial Statements are available to the public upon request. In regards to the Governing documents, Maine Veterans' Homes was established by the State statute and this statute is available to the public through various means, including the State of Maine's website. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Maine Veterans Home 460 Civic Center Drive Augusta, ME 04330 EIN: 01-0376832 Maine Veterans Home is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).