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Memorial Hospital

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020222156 ✦ North conway, NH ✦ Designated as a 501(c)(3)

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Overview

What is Memorial Hospital?

Memorial Hospital is a nonprofit healthcare institution located in the Mount Washington Valley area of New Hampshire and serving the western region of Maine. Established as a Critical Access Hospital, Memorial Hospital offers acute inpatient services with a capacity of 25 beds and various outpatient services. Their inpatient services cater to general medical and surgical needs, obstetrics, and intensive care units. In 2022, the hospital reported 5,260 acute patient days and 58,768 outpatient visits. Additionally, Memorial Hospital provides a range of healthcare services including imaging, laboratory, diabetes care, oncology, physical rehabilitation, emergency medicine, primary care, orthopedics, and general surgery. With a workforce of 525 employees, the hospital aims to provide comprehensive healthcare solutions for the residents and visitors in the designated region.


Official website here: www.memorialhospitalnh.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Memorial Hospital has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial management. The high score of 96% in the Accountability & Finance category indicates that the organization operates with transparency and adheres to strong governance practices. This rating is based solely on the accountability and finance beacon, which underscores the importance of these areas in establishing trust with donors and stakeholders.

The organization demonstrates a well-structured governance model, with 54% of its board comprised of independent members, ensuring diverse perspectives in decision-making. Additionally, Memorial Hospital excels in various financial oversight aspects, scoring full points for its audit and oversight committee, and showing no material diversion of assets. This level of diligence signifies a commitment to ethical financial practices and the responsible use of funds.

While the rating is commendable, it is important for potential supporters to consider how the hospital's resources are allocated across programs. The organization boasts a program expense ratio of 92.57%, indicating that a substantial portion of its expenses directly supports its mission. Overall, Memorial Hospital's strong performance in accountability and finance positions it as a reliable nonprofit in the healthcare sector.


This AI summary has been generated from information found on Charity Navigator.

Is Memorial Hospital legitimate?

Memorial Hospital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memorial Hospital submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $2,034,556
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,610,576

For more financial information, click here


Official website here: www.memorialhospitalnh.org

What is the mission statement of Memorial Hospital?

Memorial Hospital offers healthcare services to the residents and visitors of the Mount Washington Valley area in New Hampshire and the western region of Maine. As a critical access hospital, it provides acute inpatient care with general medical and surgical units, obstetrics, and intensive care. In 2022, the hospital recorded 5,260 acute patient days and catered to a significant number of outpatients with 58,768 visits and 59,732 clinic visits. Memorial Hospital's service portfolio encompasses various healthcare domains such as imaging, laboratory, diabetes, oncology, physical rehabilitation, emergency medicine, primary care, orthopedics, and general surgery.


Official website here: www.memorialhospitalnh.org

Who is the CEO of Memorial Hospital?

Jill Berry Bowen is the Principal Officer of Memorial Hospital.


Official website here: www.memorialhospitalnh.org

What is the revenue of Memorial Hospital?

Memorial Hospital's revenue in 2022 was $105,759,136.


Official website here: www.memorialhospitalnh.org

Who are the executives of Memorial Hospital and what are their salaries?

The average compensation at Memorial Hospital during 2022 was $65,991. There are 525 employees and 83 volunteers at Memorial Hospital.


Here are 23 key members and their salaries:


Steve Boyle (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Elkins (Coo, Mh/Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hoeft (Physician/Board Member)
  • Compensation: $253,817
  • Related: $0
  • Other: $43,351
Richard W Petersen (Former President, Mh/Board Member)
  • Compensation: $0
  • Related: $1,079,958
  • Other: $114,592
Tim Scott (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Vigeant (Nurse Practitioner/Board Member)
  • Compensation: $222,096
  • Related: $0
  • Other: $24,805
Michelle O'Donnell (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Perley (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Terry (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corinne Ray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Deveau (Board Member; Former Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Irwin (Former Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Kelly (Former Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Mathisen (President/Board Member)
  • Compensation: $408,526
  • Related: $0
  • Other: $16,154
Matthew Dunn (Chief Medical Officer-Regional)
  • Compensation: $406,889
  • Related: $0
  • Other: $25,838
Diana Mclaughlin (Chief Financial Officer)
  • Compensation: $0
  • Related: $248,482
  • Other: $52,382
Kristine Dascoulias (Chief Nursing Officer)
  • Compensation: $173,090
  • Related: $0
  • Other: $38,538
Morice Dennery (Physician)
  • Compensation: $456,904
  • Related: $0
  • Other: $45,475
Danielle Phinney (Physician)
  • Compensation: $557,799
  • Related: $0
  • Other: $39,843
Craig Smith (Vp-Phys & App Services)
  • Compensation: $380,625
  • Related: $0
  • Other: $37,700
Douglas Taylor (Physician)
  • Compensation: $563,110
  • Related: $0
  • Other: $46,905
Joseph Williams (Med Dir - Emergency Svcs)
  • Compensation: $376,015
  • Related: $0
  • Other: $44,925
John Cox (Former Regional Cfo)
  • Compensation: $0
  • Related: $294,646
  • Other: $54,806


Official website here: www.memorialhospitalnh.org

Where can I find the form 990 for Memorial Hospital?

Memorial Hospital's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.memorialhospitalnh.org

Learn more at the official website: www.memorialhospitalnh.org

Mission Statement of Memorial Hospital

Memorial Hospital, a critical access hospital, is dedicated to delivering healthcare services to the residents and visitors of the Mount Washington Valley area in New Hampshire and the western region of Maine. With a capacity of 25 beds, the hospital offers acute inpatient care, including medical and surgical services, obstetrics, and intensive care units. In 2022, Memorial Hospital provided healthcare to over 5,260 acute patients. In addition to inpatient services, the hospital caters to the outpatient needs of the community with a variety of services such as imaging, laboratory, diabetes care, oncology, physical rehabilitation, emergency medicine, primary care, orthopedics, and general surgery. Memorial Hospital attended to 58,768 outpatient visits and 59,732 clinic visits in the same year.

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Impact




October, 2024

Memorial Hospital significantly impacts the health and well-being of residents and visitors in the Mount Washington Valley area of New Hampshire and the western region of Maine. As a 25-bed critical access hospital, it offers essential healthcare services, including acute inpatient care, general medical and surgical treatments, obstetrics, and intensive care.

In 2022, Memorial Hospital served 5,260 acute patients through its inpatient services, highlighting its role as a vital healthcare provider in the community. Beyond inpatient care, the hospital delivered a wide range of outpatient services, with 58,768 outpatient visits and 59,732 clinic visits that year. These services include diagnostic imaging, laboratory work, diabetes management, oncology care, physical rehabilitation, emergency medicine, primary care, orthopedics, and general surgery.

Memorial Hospital’s commitment to healthcare ensures that the local population has access to critical medical services, contributing to the overall health of the community and improving health outcomes for patients within the Mount Washington Valley and beyond.




This information is meant to be a general summary of Memorial Hospital. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$105,759,136 (2022)
Expenses
$96,024,231 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$151,146
  • Program Service Revenue: $103,060,218
  • Gross Receipts: $125,803,844

Assets and Liabilities:

  • Total Assets: $117,406,821
  • Total Liabilities: $50,288,855
  • Net Assets: $67,117,966

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Net patient service revenue

Revenue

$97,719,805

Other revenue

Revenue

$5,340,413

Organization Details

Founding Year

1910

Principal Officer

Jill Berry Bowen

Main Address

3073 White Mountain Highway, North Conway, NH, 03860

NTEE Category

Code: E220 - Health

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