2023-05-11T08:18:56-04:00 2022-12-31 010411241 CHESTER M KEARNEY PA PO BOX 1550 PRESQUE ISLE ME 04769 990 2022-01-01 270301534 AROOSTOOK HOSPICE FOUNDATION AROO 2077692402 PO BOX 867 PRESQUE ISLE ME 047690722 RICHARD M DUNCAN CHAIRMAN 2077692402 2023-05-09 RICHARD DUNCAN 999009999 false TIMOTHY P POITRAS P00542788 2077643171 2023-05-10 2022 2023-04-26 12:10:37Z AROOSTOOK HOUSE OF COMFORT RICHARD M DUNCAN 416877 false X AROOSTOOKHOUSEOFCOMFORT.ORG X 2009 ME MAINTENANCE AND SUPPORT OF A 6 BED HOSPICE RESIDENTIAL FACILITY. 15 15 1 20 0 210005 109262 208705 212073 85865 27389 -3773 43967 500802 392691 0 0 23161 0 0 290523 269368 290523 292529 210279 100162 4298814 5293460 2548754 3584978 1750060 1708482 X THE MISSION OF THE FOUNDATION IS THE CONSTRUCTION OF A 6-BED HOSPICE RESIDENTIAL FACILITY WHICH WILL PROVIDE TWENTY-FOUR HOUR A DAY PALLIATIVE AND HOSPICE CARE. THE FACILITY WILL HAVE THE CAPACITY TO PROVIDE APPROXIMATELY 1,460 TO 2,190 PATIENT DAYS OF HOSPICE CARE ANNUALLY. ASSUMING AN AVERAGE STAY OF 35 DAYS, THE FACILITY WOULD HAVE THE RESOURCES TO ACCOMMODATE 42 TO 63 PATIENTS PER ANNUM AT 100 PERCENT OF CAPACITY. false false 222660 212073 TO RAISE FUNDS TO MAINTAIN A HOSPICE HOUSE IN NORTHERN MAINE AND TO PAY OFF THE LOAN FROM USDA-RD THAT ALLOWED FOR THE CONSTRUCTION OF THE FACILITY. 222660 true true false false false false false false false true true false false true true false true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 7 0 true 1 false false false false false false false false false X 15 15 true false false false false false false true true false false true true true false true true false false false X CAROL MACPHERSON 2077692402 PO BOX 867 PRESQUE ISLE ME 04769 ABBEY CLAIR EXECUTIVE DI 40.00 X 19077 0 0 LISE COLLINS DIRECTOR 4.00 X 0 0 0 NANCY CRONKITE RECORDING SE 2.00 X X 0 0 0 NANCY DUNCAN DIRECTOR 15.00 X 0 0 0 RICHARD M DUNCAN CHAIRMAN 25.00 X X 0 0 0 NORMAN FOURNIER DIRECTOR 3.00 X 0 0 0 RAY HEWS DIRECTOR 4.00 X 0 0 0 SUZANNE HEWS DIRECTOR 4.00 X 0 0 0 DR DAVID JONES DIRECTOR 2.00 X 0 0 0 GAIL PHAIR KIRK DIRECTOR 1.00 X 0 0 0 CAROL MACPHERSON TREASURER 3.00 X X 0 0 0 MICHAEL D MACPHERSON VICE CHAIRMA 2.00 X X 0 0 0 TERRI OUELLETTE DIRECTOR 2.00 X 0 0 0 NANCY YORK PUTNAM DIRECTOR 1.00 X 0 0 0 TYLER STOLIKER DIRECTOR 1.00 X 0 0 0 MIKE THIBODEAU DIRECTOR 4.00 X 0 0 0 19077 false false false 109262 11427 109262 HOSPICE RENTAL INCOME 623000 212073 212073 212073 27389 27389 68153 24186 43967 43967 392691 239462 43967 19076 19076 572 572 1718 1718 1795 1795 3426 3426 18601 18601 5421 5421 177 177 10617 10617 5415 5415 54283 54283 1055 1055 11572 11572 88956 88956 7953 7953 REPAIRS 41385 41385 PROPERTY MAINTENANCE 6925 6925 MISCELLANEOUS 5933 2882 3051 COMFORT FOOD 5509 5509 2140 2140 292529 222660 69869 0 3363 44245 50708 138768 20000 10000 24096 10435 10435 3370776 419739 3039993 2951037 1174315 994535 1120344 4298814 5293460 1542 2142 2547212 2462492 1120344 2548754 3584978 X 1750060 1708482 1750060 1708482 4298814 5293460 X 100162 -141739 -1 X false true X true false X 267155 169657 568805 210005 109262 1324884 267155 169657 568805 210005 109262 1324884 1324884 13513 21878 24072 27389 86852 36300 36300 68153 68153 1516189 239462 0.87380 0.69820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 851213 -114350 736863 412320 368726 70167 851213 116043 255606 40671 412320 93844 7662 14537 116043 101676 -7832 93844 1.00000 false false 167386 167386 3067298 351731 2715567 136092 68008 68084 2951037 RIGHT OF USE ASSET 1120344 1120344 RIGHT OF USE LIABILITY 1120344 1120344 245531 -141739 -141739 387270 5421 5421 392691 287108 287108 5421 5421 292529 SCHEDULE D, PAGE 2, PART V, LINE 4 THE PRIMARY OBJECTIVE OF THE ENDOWMENT FUND IS TO DELIVER FINANCIAL RETURNS REQUIRED TO SUSTAIN FOUNDATION OPERATIONS, GRANTS, AND PROGRAMS. THE FOUNDATION'S INVESTMENT STRATEGY IS TO KEEP A LONG-TERM DIVERSIFIED ASSET ALLOCATION MODEL, WHICH SEEKS TO MEET OR EXCEED MARKET RETURNS OVER TIME WHILE MINIMIZING COSTS AND TRACKING CLOSELY WITH APPROPRIATE MARKET INDICES. ON AN ANNUAL BASIS, INVESTMENTS ARE REVIEWED TO ENSURE THE OBJECTIVES ARE BEING MET. GOLF TOURNAMENT 68153 68153 24186 68153 68153 24186 24186 43967 FORM 990 - ORGANIZATION'S MISSION THE MISSION OF THE FOUNDATION IS THE CONSTRUCTION OF A 6-BED HOSPICE RESIDENTIAL FACILITY WHICH WILL PROVIDE TWENTY-FOUR HOUR A DAY PALLIATIVE AND HOSPICE CARE. THE FACILITY WILL HAVE THE CAPACITY TO PROVIDE APPROXIMATELY 1,460 TO 2,190 PATIENT DAYS OF HOSPICE CARE ANNUALLY. ASSUMING AN AVERAGE STAY OF 35 DAYS, THE FACILITY WOULD HAVE THE RESOURCES TO ACCOMMODATE 42 TO 63 PATIENTS PER ANNUM AT 100 PERCENT OF CAPACITY. FORM 990, PAGE 6, PART VI, LINE 2 RICHARD DUNCAN NANCY DUNCAN DIRECTOR DIRECTOR MARRIED MICHAEL MACPHERSON CAROL MACPHERSON DIRECTOR DIRECTOR MARRIED RAY HEWS SUZANNE HEWS DIRECTOR DIRECTOR MARIED FORM 990, PAGE 6, PART VI, LINE 11B REVIEWED AND APPROVED BY OFFICERS OF THE BOARD PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 ROUNDING -1