2025-08-08T14:49:46-05:00 2024-11-07 990 2024-10-01 263878235 LincolnHealth Medical Partners Inc LINC 2076338402 35 Miles Street Damariscotta ME 04543 Wayne Printy CFO 2076338402 2025-07-23 1 2024 2025-03-06 01:10:19Z X X Cynthia Wade 6 St Andrews Lane Boothbay Harbor ME 04538 0 0 X www.lchcare.org X 2008 ME The Corporation operates for the purpose of providing medical & health services, including primary & specialized care, through licensed physicians & other health professionals primarily in Lincoln County, Maine. Effective February 5, 2023 the operations and net assets of LincolnHealth Medical Partners have been transferred to a related organization MaineHealth (EIN # 01-0238552). On 11/7/24 the organization was administratively dissolved by the State of Maine. X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 See Schedule O 0 0 LincolnHealth Medical Partners, Inc.(LHP) operated for the purpose of providing medical and health services, including primary and specialized care, through licensed physicians and other health professionals primarily in Lincoln County. The operations and net assets of LHP have been transferred to a related tax exempt organization effective February 2023. The organization was administratively dissolved by the State of Maine on 11/7/24. 1 0 0 0 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 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X Wayne Printy 2076338402 6 St Andrews Lane Boothbay Harbor ME 04538 Cynthia Wade President,LH 3.00 50.00 X 0 500699 58886 Wayne Printy Chief Financial Officer 3.00 50.00 X 0 358182 63213 0 858881 122099 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 0 0 0 0 0 X 0 0 0 X 19425145 21092481 7407420 47925046 19425145 21092481 7407420 47925046 47925046 47925046 1.00000 1.00000 X Part II, Line 6. The organization was administratively dissolved on November 7, 2024 and is filing a short period final return. 0 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 to be 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 2024 or 2023. 0 0 0 0 0 0 0 0 0 Cynthia Wade President,LH 0 318690 0 98698 0 83311 0 17250 0 41636 0 559585 0 0 Wayne Printy Chief Financial Officer 0 256820 0 49359 0 52003 0 27600 0 35613 0 421395 0 0 Asset distribution- asset dispositions happened in a prioryear and were reported on Sched. N Part II. 0 MaineHealth 22 Bramhall Street Portland ME 04102 0 0 0 0 1 1 0 1 0 Schedule N, Part I, Line 1 and 4b Explanations LincolnHealth Medical Partners (LHP) Board of Directors approved a plan of dissolution in 2023. All net assets of the organization were transferred in a prior year to MaineHealth (EIN # 01-0238552), a related 501(c) 3 organization. This was fully reported on Schedule N, Part II of the Tax Year 2022 Form 990. On 11/7/2024, the State of Maine administratvely dissolved LHP. No assets remained at the time of administrative dissolution, and no distributions were made in the current year. Accordingly, Schedule N, Part I is completed to reflect legal termination of the organization. Form 990, Part VI, Section A, line 6 MaineHealth (EIN # 01-0238552) is the sole member of LincolnHealth Medical Partners, Inc. (LHP). Form 990, Part VI, Section A, line 7a MaineHealth appoints the members of the Governing Body of LincolnHealth Hospital pursuant to the Bylaws of LincolnHealth Medical Partners, Inc. Those individuals also serve on the Board of LincolnHealth Medical Partners, Inc. Form 990, Part VI, Section A, line 7b Decisions of the governing body such as budgets, business strategies, significant financial commitments, and amendments to the articles of incorporation are subject to the approval of the sole corporate member. Form 990, Part VI, Section B, line 11b The Chief Financial Officer performs a detailed review of the entire Form 990. The Form 990 is also made available to the governing body prior to filing. 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 Presidents (Line 15a) MaineHealth, a related organization uses an outside firm, Sullivan Cotter, to perform an independent benchmark analysis annually for the President of LincolnHealth Medical Partners. The firm meets with the Executive Committee of the Board of Directors of MaineHealth to review the executive compensation 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. Compensation Process for Officers (line 15b) Compensation for officers of LincolnHealth Medical Partners 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. Form 990, Part VI, Section C, line 19 Documents that are required to be open for public inspection are made available upon request. Amendments to original return: Form 990, Part I, Line 1 - Is updated for administrative dissolution date. Form 990, Part III, line 4a- Description is edited to reflect past tense of final return filing. Form 990, Part VII, Line 1- Reportable compensation from related organization (EIN # 01-0238552) is provided for two corporate officers on final short period return. Schedule J -Is amended to reflect calendar year 2024 compensation from related organization for two corporate officers. Schedule N Part I - Is amended to show net assets of entity were transferred and reported in a prior tax year with Line 2-6 updated and supplemental disclosures provided in Part III. LincolnHealth Cove's Edge 35 Miles Street Damariscotta ME 04543 010382340 Healthcare ME 501(c)(3) Line 3 MaineHealth 0 MaineHealth Services 110 Free Street Portland ME 04101 010431680 Healthcare ME 501(c)(3) Line 12c, III-FI N/A 0 MaineHealth 22 Bramhall Street Portland ME 04102 010238552 Hospital ME 501(c)(3) Line 3 MaineHealth Services 0 St Joseph's Rehabilitation & Residence 1133 Washington Avenue Portland ME 04103 010339489 Nursing home ME 501(c)(3) Line 10 MaineHealth 0 Maine Medical Center Realty Corp 22 Bramhall Street Portland ME 04102 010434215 Property management ME 501(c)(3) Line 12a, I MaineHealth 0 Quarry Hill 4 White Street Rockland ME 04841 010213976 Long term care ME 501(c)(3) Line 10 MaineHealth 0 Healthy Community Coalition Inc 105 Mt Blue Circle 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 Mid Coast Geriatric Services Corporation 123 Medical Center Drive Brunswick ME 04011 010496221 Home health 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 PBH Management Company PO Box 287 Belfast ME 04915 010537278 Management services ME N/A C 0 Maine Medical Partners 22 Bramhall Street Portland ME 04102 010442142 Healthcare ME N/A C 0 Waldo County Healthcare Mgmt Co PO Box 287 Belfast ME 04915 010485133 Management services ME N/A C 0 Midcoast 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 Management services ME N/A C 0 Thornton Oaks Development Corp 123 Medical Center Drive Brunswick ME 04011 010448411 Management services ME N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0