Martins Point Health Care Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The mission of Martin's Point Health Care is to create a healthier community through authentic relationships built on trust.
- Income
- $550.1 million
- Spending
- $554.4 million
- Spent on programs
- 95%
- Reserves
- 5.3 months of spending
- Largest source of income
- fees for its services, 99%
- Employees
- 1,215
- Volunteers
- 0
- Highest pay
- $1.4 million, president & ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100. Higher than 58% of charities in its peer group (health care, over $100m).
Reserves
20 of 35Spendable reserves would cover 5.3 months of spending.
Debt
10 of 20It owes 47% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
15 of 15Income rose 1% on the year before.
Spending floor
15 of 1595% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 53% of charities in its peer group (health care, over $100m).
Independent board
25 of 256 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $440.9 million spent. Provision of Health Plan Services - Please see not-for-profit narrative statement for Martin's Point on Schedule O. Martin's Point Health Care is a not-for-profit, mission-driven organization serving our community's health care needs by delivering exceptional health care and insurance plan coverage for patients and members. We maintain a focus on preventative, integrated health care, care management, access, education, and quality, and achieve successful outcomes by improving the health and well-being of those we serve. PROVIDING HIGH-QUALITY PRIMARY CARE In 2024, Martin's Point Health Care: - Served about 95,000 patients through family medicine, pediatrics, internal medicine, sports medicine, cosmetic dermatology, physical therapy, and more. Additionally, our patients have expanded access to onsite radiology, pharmacy, and laboratory services. - Participated in over 60 community events and provided critical services to ensure our senior population remains active - both physically and mentally - through activities such as online chair yoga, healthy living seminars, and more. - Ensured successful health outcomes by structuring our provider's and medical staff work around a central care team model. Through this team-based approach, we are able to improve effectiveness in patient treatment, work collaboratively to anticipate patient needs, and better coordinate care options. - Remained committed to our mission of delivering the care every person deserves, by providing nearly $60,000 in financial assistance to patients who are unable to pay for services. ADMINISTRATING THE US FAMILY HEALTH PLAN Martin's Point offers a TRICARE Prime plan for select groups throughout the Northeast. Our plan members receive comprehensive benefits and quality care. In 2024, Martin's Point Health Care: - Served as one of six contracted health plan administrators to the Department of Defense of the US Family Health Plan for military beneficiaries. Through this plan, Martin's Point serves families of active-duty personnel, including activated National Guard and Reserve, and military retirees and their families across Northern New England, Upstate New York, and Northern Pennsylvania. In 2024, our US Family Health Plan served about 45,000 members. - The Martin's Point US Family Health Plan received a 4.0-out-of-5 Star rating from The National Committee on Quality Assurance (NCQA) for its access to quality care, prevention and wellness efforts, management of chronic diseases, and overall quality of member experience. NCQA uses measures of clinical quality (HEDIS) and patient experience (CAHPS) and Standards from the NCQA Accreditation process to rate health plans. COMMITTED TO AN EXCEPTIONAL PATIENT- AND MEMBER-CENTRIC EXPERIENCE Martin's Point is committed to providing exceptional care and service, ensuring a patient/member-centric experience, where patient and/or member needs and expectations are the central driver for how care is managed. This stands as a key area of focus as well as the metric by which we measure our success. This work is driven by three principles: 1) to improve the experience of care, 2) to improve health outcomes, and 3) to reduce overall costs. To achieve these goals, we are working to make systemic changes to the way primary care is delivered and coordinated. In 2024, Martin's Point Health Care: - Continued to enhance our Primary Care Comprehensive Payment model to encourage and reward quality care and a better health care experience. - Participated as a member of the national Alliance of Community Health Plans, which is comprised of 20 of the top performing community and regional non-profit health plans. MARTIN'S POINT - MAKING A DIFFERENCE IN OUR COMMUNITY Martin's Point is committed to making a difference and improving lives in the communities we serve. In addition to actions that support this work through our services for patients and members, the organization also serves as a leader in the philanthropic community. Direct Medical Services for our Community: To support the neediest members of our community, we provide free care on a sliding scale. In 2024, we provided over $62,000 of services and $53,000 for prescription drugs to uninsured and underinsured members of our community through this program. We also offer a prompt pay discount for amounts not covered by insurance which reduced costs for the uninsured by almost $39,000 in 2024. All of our services are available to Medicare and Medicaid patients. These government programs do not pay the full cost of services provided. Unlike some local for-profit physician's practices, Martin's Point provides services under these programs to everyone as a benefit to the community. In 2024, the cost of services provided exceeded reimbursements by nearly seventeen million dollars. In 2024, Martin's Point Health Care: - Contributed over $880,000 in financial support to over 120 health care and community nonprofit organizations, agencies, and groups throughout Maine, New Hampshire, and New York. - Employees personally and collectively contributed $47,768 of their wages to their local United Ways and other charities, which Martin's Point matches, dollar for dollar. - Employees from across the organization also actively volunteered their own time to represent Martin's Point Health Care in significant fundraising events for the American Diabetes Association, American Heart Association, Maine Cancer Foundation, American Lung Association, and many more. - Martin's Point is proud to support our employees in their efforts and ability to make a difference in our communities. Thus, Martin's Point provides a volunteer time-off policy which makes it easier for our employees to do direct volunteer service and serve on community boards and committees. In 2024, this totaled over 3,200 hours, which represents about $124,000 in wages to employees for volunteer time. Martin's Point donated over $880,000 in monetary support to over 120 community partners and efforts in
- $64.0 million spent. Delivery of Medical Care - Please see not-for-profit narrative statement for Martin's Point on Schedule O. Martin's Point Health Care is a not-for-profit, mission-driven organization serving our community's health care needs by delivering exceptional health care and insurance plan coverage for patients and members. We maintain a focus on preventative, integrated health care, care management, access, education, and quality, and achieve successful outcomes by improving the health and well-being of those we serve. PROVIDING HIGH-QUALITY PRIMARY CARE In 2024, Martin's Point Health Care: - Served about 95,000 patients through family medicine, pediatrics, internal medicine, sports medicine, cosmetic dermatology, physical therapy, and more. Additionally, our patients have expanded access to onsite radiology, pharmacy, and laboratory services. - Participated in over 60 community events and provided critical services to ensure our senior population remains active - both physically and mentally - through activities such as online chair yoga, healthy living seminars, and more. - Ensured successful health outcomes by structuring our provider's and medical staff work around a central care team model. Through this team-based approach, we are able to improve effectiveness in patient treatment, work collaboratively to anticipate patient needs, and better coordinate care options. - Remained committed to our mission of delivering the care every person deserves, by providing nearly $60,000 in financial assistance to patients who are unable to pay for services. ADMINISTRATING THE US FAMILY HEALTH PLAN Martin's Point offers a TRICARE Prime plan for select groups throughout the Northeast. Our plan members receive comprehensive benefits and quality care. In 2024, Martin's Point Health Care: - Served as one of six contracted health plan administrators to the Department of Defense of the US Family Health Plan for military beneficiaries. Through this plan, Martin's Point serves families of active-duty personnel, including activated National Guard and Reserve, and military retirees and their families across Northern New England, Upstate New York, and Northern Pennsylvania. In 2024, our US Family Health Plan served about 45,000 members. - The Martin's Point US Family Health Plan received a 4.0-out-of-5 Star rating from The National Committee on Quality Assurance (NCQA) for its access to quality care, prevention and wellness efforts, management of chronic diseases, and overall quality of member experience. NCQA uses measures of clinical quality (HEDIS) and patient experience (CAHPS) and Standards from the NCQA Accreditation process to rate health plans. COMMITTED TO AN EXCEPTIONAL PATIENT- AND MEMBER-CENTRIC EXPERIENCE Martin's Point is committed to providing exceptional care and service, ensuring a patient/member-centric experience, where patient and/or member needs and expectations are the central driver for how care is managed. This stands as a key area of focus as well as the metric by which we measure our success. This work is driven by three principles: 1) to improve the experience of care, 2) to improve health outcomes, and 3) to reduce overall costs. To achieve these goals, we are working to make systemic changes to the way primary care is delivered and coordinated. In 2024, Martin's Point Health Care: - Continued to enhance our Primary Care Comprehensive Payment model to encourage and reward quality care and a better health care experience. - Participated as a member of the national Alliance of Community Health Plans, which is comprised of 20 of the top performing community and regional non-profit health plans. MARTIN'S POINT - MAKING A DIFFERENCE IN OUR COMMUNITY Martin's Point is committed to making a difference and improving lives in the communities we serve. In addition to actions that support this work through our services for patients and members, the organization also serves as a leader in the philanthropic community. Direct Medical Services for our Community: To support the neediest members of our community, we provide free care on a sliding scale. In 2024, we provided over $62,000 of services and $53,000 for prescription drugs to uninsured and underinsured members of our community through this program. We also offer a prompt pay discount for amounts not covered by insurance which reduced costs for the uninsured by almost $39,000 in 2024. All of our services are available to Medicare and Medicaid patients. These government programs do not pay the full cost of services provided. Unlike some local for-profit physician's practices, Martin's Point provides services under these programs to everyone as a benefit to the community. In 2024, the cost of services provided exceeded reimbursements by nearly seventeen million dollars. In 2024, Martin's Point Health Care: - Contributed over $880,000 in financial support to over 120 health care and community nonprofit organizations, agencies, and groups throughout Maine, New Hampshire, and New York. - Employees personally and collectively contributed $47,768 of their wages to their local United Ways and other charities, which Martin's Point matches, dollar for dollar. - Employees from across the organization also actively volunteered their own time to represent Martin's Point Health Care in significant fundraising events for the American Diabetes Association, American Heart Association, Maine Cancer Foundation, American Lung Association, and many more. - Martin's Point is proud to support our employees in their efforts and ability to make a difference in our communities. Thus, Martin's Point provides a volunteer time-off policy which makes it easier for our employees to do direct volunteer service and serve on community boards and committees. In 2024, this totaled over 3,200 hours, which represents about $124,000 in wages to employees for volunteer time. Martin's Point donated over $880,000 in monetary support to over 120 community partners and efforts in which ou
- $21.4 million spent. Management of Martin's Point Generations Advantage, a related organization that is a Medicare Advantage HMO with PPO and POS options, which assists in the provision and processing of medical services to Martin's Point Health Care patients.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 1982.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.