2024-08-09T13:23:18-05:00 2023-09-30 990 2022-10-01 010434215 MMC Realty Corp MMCR 2076622576 22 Bramhall Street Portland ME 04102 Lugene Inzana Treasurer 2076622576 2024-08-01 0 2022 2024-08-08 14:25:15Z Britt Crewse 22 Bramhall Street Portland ME 04102 4442380 0 X N/A X 1987 ME Acquiring, holding, managing, maintaining, developing or disposing of real property for the benefit of and in connection with MaineHealth. 4 0 0 0 1526253 0 0 0 3042410 4029587 0 405439 0 0 3042410 4435026 0 0 0 0 0 0 0 0 0 1520833 3872633 1520833 3872633 1521577 562393 47624601 49401680 5965377 7180063 41659224 42221617 X See Schedule O 0 0 3872633 2908773 MMC Realty was formed solely for the purpose of promoting the lawful interest of MaineHealth, a non-profit, 501(c)(3) institution (EIN 01-0238552), duly organized and existing under the laws of the State of Maine, by acquiring, holding, managing, maintaining, developing or disposing of real property for the benefit of and in connection with MaineHealth. 3872633 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 X 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X Chris Coon 2076626213 22 Bramhall Street Portland ME 04102 Jeffrey Sanders Regional Pres.So.Region/ Board Pres. 1.00 50.00 X X 0 1256019 101231 Lugene Inzana CFO MMC / Board Treasurer 1.00 50.00 X X 0 862453 54714 Jennifer McCarthy COO, MMC/ Trustee 1.00 50.00 X 0 822214 31600 Joel Botler MD Regional CMO So. Region/ Trustee 1.00 50.00 X 0 766977 114880 Jon Kevin Griffin Chief Strategy Officer, MH / Trustee 1.00 50.00 X 0 756664 45572 Beth A Kelsch Gen. Counsel, MH/ Board Secretary 1.00 50.00 X 0 639734 93604 0 5104061 441601 0 0 1 0 0 Rental Income 531310 2503334 2503334 Rental Income - Nonresident 531120 1526253 1526253 4029587 412793 7354 405439 405439 405439 4435026 2908773 1526253 0 2912 2912 2701480 2701480 494215 494215 477331 477331 65735 65735 Administrative Costs 128905 128905 Miscellaneous 2055 2055 3872633 3872633 0 0 1739917 366489 31984233 9402721 6873658 22581512 39011026 26453679 47624601 49401680 184926 108718 39760 1165403 972890 4615048 6058695 5965377 7180063 X 41659224 42221617 41659224 42221617 47624601 49401680 562393 0 X 0 1 X 1 0 X X 1 MaineHealth 010238552 3 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 5283956 5283956 26642039 9363503 17278536 33299 33299 0 24939 5919 19020 22581512 Accounts Receivable - Other Rentals 343641 Due from Affiliates 26032752 Prepaids 77286 26453679 Due to Affiliates 6058695 6058695 X Part X, Line 2: The Internal Revenue Service has previously determined that the MaineHealth System and its subsidiaries (except Maine Medical Partners (MMP) (a subsidiary of MaineHealth) are organizations as described in Section 501(c)(3) of the Internal Revenue Code (IRC) and are exempt from federal income taxes on related income pursuant to Section 501(a) of the IRC. The MaineHealth System recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount of benefit that is greater than fifty percent likely to be realized upon settlement. Changes in measurement are reflected in the period in which the change in judgment occurs. The MaineHealth System did not recognize the effect of any income tax positions in either 2023 or 2022. 0 0 0 0 0 0 0 0 0 Jeffrey Sanders Regional Pres.So.Region/ Board Pres. 0 734335 0 203333 0 318351 0 58807 0 42424 0 1357250 0 0 Lugene Inzana CFO MMC / Board Treasurer 0 506251 0 94526 0 261676 0 15250 0 39464 0 917167 0 0 Joel Botler MD Regional CMO So. Region/ Trustee 0 557314 0 85250 0 124413 0 83605 0 31275 0 881857 0 0 Jennifer McCarthy COO, MMC/ Trustee 0 539142 0 108554 0 174518 0 12200 0 19400 0 853814 0 0 Jon Kevin Griffin Chief Strategy Officer, MH / Trustee 0 647935 0 93480 0 15249 0 12200 0 33372 0 802236 0 0 Beth A Kelsch Gen. Counsel, MH/ Board Secretary 0 463480 0 84750 0 91504 0 55327 0 38277 0 733338 0 0 Form 990, Part V, line 1a: MaineHealth (EIN 01-0238552), acting on behalf of the MaineHealth System, filed 1,684 Form 1099s for the calendar year 2022. Form 990, Part V, line 2a: MaineHealth (EIN 01-0238552), acting on behalf of the MaineHealth System filed Form W-3, reporting 26,427 employees, for the calendar year 2022. Form 990, Part VI, Section A, line 6 MaineHealth (EIN 01-0238552) is the sole member of MMC Realty. Form 990, Part VI, Section A, line 7a MaineHealth as the Member shall elect the Trustees and Officers of MMC Realty. Form 990, Part VI, Section A, line 7b MaineHealth as the Member shall have the power to elect the Board of Trustees and officers of MMC Realty; to amend the Articles of Incorporation; to amend the bylaws; and to exercise such other powers as may be conferred on the Member by law, the Articles of Incorporation, or the By Laws of MMC Realty. Form 990, Part VI, Section B, line 11b The Treasurer reviewed the Form 990 in detail before signing the return. The Form 990 was made available to the full board before it was filed. Form 990, Part VI, Section B, line 12c 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. Form 990, Part VI, Section B, line 15 Compensation process for top management official and officers of the organization (Lines 15a and 15b) MaineHealth, a related organization, uses an outside firm, Sullivan Cotter, to perform an independent benchmark analysis for the board president and other company officers. The firm meets with the Executive Committee of the Board of Directors to review the executive benchmark report. The Executive Committee then deliberates on MaineHealth's written salary and incentive plan philosophy before making a final decision. All meeting decisions are captured in minutes with appropriate approvals at all levels. Form 990, Part VI, Section C, line 19 Documents that are required to be open for public inspection are made available upon request. MaineHealth 22 Bramhall Street Portland ME 04102 010238552 Hospital ME 501(c)(3) Line 3 MaineHealth Services 0 MaineHealth Services 110 Free Street Portland ME 04101 010431680 Healthcare ME 501(c)(3) Line 12c, III-FI N/A 0 St Joseph's Rehab & Residence 1133 Washington Avenue Portland ME 04103 010339489 Nursing home ME 501(c)(3) Line 10 MaineHealth 0 LincolnHealth Cove's Edge 35 Miles Street Damariscotta ME 04543 010382340 Healthcare ME 501(c)(3) Line 3 MaineHealth 0 LincolnHealth Medical Partners Inc 35 Miles Street Damariscotta ME 04543 263878235 Physicians Practice ME 501(c)(3) Line 7 MaineHealth 0 Quarry Hill PO Box 287 Belfast ME 04915 010213976 Long term care ME 501(c)(3) Line 10 MaineHealth 0 Healthy Community Coalition Inc 131 Franklin Health Commons Farmington ME 04938 223305743 Community services ME 501(c)(3) Line 7 MaineHealth 0 Western Maine Multi-Medical Specialists 181 Main Street Norway ME 04268 010489824 Physician practices ME 501(c)(3) Line 10 MaineHealth 0 Western Maine Nursing Home Inc 181 Main Street Norway ME 04268 222842655 Nursing home ME 501(c)(3) Line 10 MaineHealth 0 Community Health and Nursing Services 60 Baribeau Drive Brunswick ME 04011 010211546 Home health ME 501(c)(3) Line 10 MaineHealth 0 Mid Coast Geriatric Services Corporation 123 Medical Center Drive Brunswick ME 04011 010496221 Home health ME 501(c)(3) Line 10 MaineHealth 0 Maine Medical Partners 22 Bramhall Street Portland ME 04102 010442142 Healthcare ME N/A C 0 PBH Management Company PO Box 287 Belfast ME 04915 010537278 Management services ME N/A C 0 Waldo County Healthcare Mgmt Co PO Box 287 Belfast ME 04915 010485133 Management services ME N/A C 0 Mid Coast Health Management Corp 123 Medical Center Drive Brunswick ME 04011 010429598 Management services ME N/A C 0 Mid Coast Medical Group 123 Medical Center Drive Brunswick ME 04011 010484592 Healthcare ME N/A C 0 Thorton Oaks Development Corp 123 Medical Center Drive Brunswick ME 04011 010448411 Management services ME N/A C 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 0 0