Maine Veterans Home
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To provide skilled, long term care, pharmacy and rehabilitation services for veterans, their spouses, widows, widowers, and gold star families.
- Income
- $119.3 million
- Spending
- $111.6 million
- Spent on programs
- 89%
- Reserves
- 0.8 months of spending
- Largest source of income
- fees for its services, 93%
- Employees
- 1,587
- Volunteers
- 89
- Highest pay
- $248,996, cfo
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 65 out of 100. Higher than 52% of charities in its peer group (health care, over $100m).
Reserves
4 of 35Spendable reserves would cover 0.8 months of spending.
Debt
16 of 20It owes 30% of what it owns.
Living within its means
15 of 15Income exceeded spending by 6% of income.
Income trend
15 of 15Income rose 12% on the year before.
Spending floor
15 of 1589% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, 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 2512 of 12 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 June 30, 2025, 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 (4)
- $31.9 million spent. Maine Veterans' Home Augusta operates 138 beds, providing skilled nursing, physical/occupational/speech therapy and rehabilitation, long-term care, memory care, and assisted living services. During FY25, we provided 48,229 days of care to 284 residents. Efforts to recover from the coronavirus pandemic were the primary focus in this fiscal year.
- $23.0 million spent. Maine Veterans' Home Scarborough operates 150 beds, providing skilled nursing, physical/occupational/speech therapy and rehabilitation, long-term care, memory care, and assisted living services. During FY25, we provided 49,746 days of care to 293 residents. Efforts to recover from the coronavirus pandemic were the primary focus in this fiscal year.
- $23.9 million spent. Maine Veterans' Home Bangor operates 150 beds, providing skilled nursing, physical/occupational/speech therapy and rehabilitation, long-term care, memory care, and assisted living services. During FY25, we provided 49,179 days of care to 332 residents. Efforts to recover from the coronavirus pandemic were the primary focus in this fiscal year.
- $20.1 million spent. We operate three additional facilities in Maine, one in South Paris (90 beds), Caribou (70 beds) and Machias (30 beds). During FY25, we provided a combined total of 63,209 days of care to 309 residents. MVH Pharmacies provides medication and consulting services to all six MVH facilities and external nursing homes.
Source: Form 990 for the year ending June 30, 2025, 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 June 2025.
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 September 1981.
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.