NonprofitsLincolnhealth Coves Edge

Health Care

Lincolnhealth Coves Edge

DAMARISCOTTA, ME

Total revenue

$10.2M

Total expenses

$14.6M

Net assets

Grants received

EIN

010382340

Tax year

2023

Mission

LincolnHealth Cove's 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.

Programs

2 programs

Residential Care - LincolnHealth Cove's Edge provides residential care at its Chase Point facility. Chase Point consists of 24 residential care apartments and 18 dementia care beds. For the year ending September 30, 2024, Chase Point had 4,751 Residential Care patient days, and 6,006 dementia care patient days. Of the dementia care days, 46% represented MaineCare patients.

Expenses: $3.8M

Schooner Cove Cooperative provides maintenance and other services for Schooner Cove, a congregate living facility located in Damariscotta, Maine.

Expenses: $423K

Financials

FY 2023

Revenue

Contributions & grants$1K
Program service revenue$9.5M
Investment income$177K
Other revenue$501K
Total revenue$10.2M

Expenses

Grants paid
Salaries & benefits$7.6M
Fundraising
Other expenses$7.1M
Total expenses$14.6M
Total assets$7.4M
Net assets

People

27 listed

NameRoleCompensation

Samira Hasan DO

Physician, LH

Board

1 hrs/wk

Sean O'Donnell MD

Physician, LH

Board

1 hrs/wk

Timothy Fox MD

Physician, LH

Board

1 hrs/wk

Bruce P Garren

Vice Chair

Board

1 hrs/wk

Marva Nesbit

Secretary

Board

1 hrs/wk

Jack T Fulmer MD

Chair

Board

1 hrs/wk

Leslie Fossel

Trustee

Board

1 hrs/wk

Denise Soucy MD

Trustee

Board

1 hrs/wk

Andrew Russ MD

Physician, LH

Board

1 hrs/wk

Peter Wood

Treasurer

Board

1 hrs/wk

Meagan G Hamblett

Trustee

Board

1 hrs/wk

Louis Sell

Trustee

Board

1 hrs/wk

Wayne Moore

Trustee

Board

1 hrs/wk

Bruce Lutsk

Trustee

Board

1 hrs/wk

Jessica Pinkham RN

Director of Surgical Services

Board

1 hrs/wk

Cynthia Wade

President, LH

Board

3 hrs/wk

Wayne Printy

Chief Financial Officer

Board

3 hrs/wk

Holly Stover

Trustee

Board

1 hrs/wk

Aquilino Alamo MD

Physician, LH

Board

1 hrs/wk

Kelly Elkins

Chief Operating Officer, MH

Board

1 hrs/wk

Omar Hasan MD

Chief Quality Officer, MH

Board

1 hrs/wk

Russell Mack MD

Physician, LH

Board

1 hrs/wk

Kathryn A Bean

Registered Nurse

Staff

$146K

50 hrs/wk

Cheryl L Dobbelsteyn

Senior Director

Staff

$142K

50 hrs/wk

Wanda Wilcox

Executive Director

Staff

$135K

50 hrs/wk

Thelma A Hannan

Director of Nursing

Staff

$109K

50 hrs/wk

Cynthia T Lindsley

Manager of Clinical Nursing

Staff

$104K

50 hrs/wk

Details

EIN010382340
NTEE codeE910
Subsection03
Ruling date1982-08
Formed1981
Employees0
Volunteers33
LINCOLNHEALTH COVES EDGE — Mission, Financials & Grants Received | Grantivo