Overview
What is Concord Hospital Inc?
Concord Hospital Inc, based at 250 Pleasant Street, Concord, New Hampshire (03301), is a reputable charitable organization specializing in hospital services. With a workforce of over 4,000 employees, Concord Hospital invests significantly in community benefit programs and services, totaling over $78 million in FYE 2022. Their major areas of support include charitable care services, medical education, and subsidized programs. By allocating these resources, the hospital enhances its capacity to deliver top-notch patient care, address community health needs, and uphold its charitable mission.
Official website here: www.concordhospital.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
Concord Hospital Inc has received a top rating of 100% from Charity Navigator, indicating a strong commitment to accountability and finance. The score is based solely on this category, reflecting the organization's transparency and responsible management of funds. The independent board's majority and the comprehensive financial oversight practices contribute significantly to its high rating.
The organization showcases robust governance practices, with 52% of its board members being independent. This independence ensures objective oversight and enhances trust among stakeholders. Additionally, the presence of a well-documented audit and oversight committee emphasizes their dedication to fiscal responsibility.
Furthermore, Concord Hospital Inc has demonstrated effective management of its resources, with 83.35% of its expenses going directly towards programs. This focus on program spending, along with a solid liabilities to assets ratio of 45.28%, indicates a healthy financial state. Overall, the organization is highly regarded for its operational integrity and commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Concord Hospital Inc legitimate?
Concord Hospital Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord Hospital Inc 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: $4,526,647
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,853,225
For more financial information, click here
Official website here: www.concordhospital.org
What is the mission statement of Concord Hospital Inc?
Concord Hospital Inc is a charitable organization dedicated to addressing the health needs of the communities it serves. Its mission is to enhance the provision of quality patient care and address community health requirements, all in line with its charitable mission. In the previous fiscal year, the hospital invested significantly in community benefit programs, services, and related expenses, amounting to over $78 million. The largest areas of investment were charitable care services, medical education, and subsidized programs and services. These investments enable Concord Hospital to effectively respond to identified community health needs and uphold its charitable mission in entirety.
Official website here: www.concordhospital.org
Who is the CEO of Concord Hospital Inc?
Robert P Steigmeyer is the President & Ceo, Member Ex of Concord Hospital Inc. The CEO's salary of Concord Hospital Inc is $1,415,834 and their total compensation is $1,686,454.
Official website here: www.concordhospital.org
What is the revenue of Concord Hospital Inc?
Concord Hospital Inc's revenue in 2022 was $640,674,263.
Official website here: www.concordhospital.org
Who are the executives of Concord Hospital Inc and what are their salaries?
The average compensation at Concord Hospital Inc during 2022 was $68,218. There are 4198 employees and 158 volunteers at Concord Hospital Inc.
Here are 25 key members and their salaries (Concord Hospital Inc's CEO's salary is $1,415,834 and their total compensation is $1,686,454):
- Compensation: $1,415,834
- Related: $0
- Other: $270,620
- Compensation: $240,456
- Related: $0
- Other: $88,872
- Compensation: $268,485
- Related: $0
- Other: $102,811
- Compensation: $352,104
- Related: $0
- Other: $62,223
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Compensation: $620,216
- Related: $0
- Other: $138,222
- Compensation: $857,617
- Related: $0
- Other: $109,187
- Compensation: $808,613
- Related: $0
- Other: $44,342
- Compensation: $642,907
- Related: $0
- Other: $65,382
- Compensation: $795,916
- Related: $0
- Other: $12,970
- Compensation: $578,966
- Related: $0
- Other: $57,615
- Compensation: $564,927
- Related: $0
- Other: $63,637
- Compensation: $215,977
- Related: $0
- Other: $0
Official website here: www.concordhospital.org
Where can I find the form 990 for Concord Hospital Inc?
Concord Hospital Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.concordhospital.org
Learn more at the official website: www.concordhospital.org
Mission Statement of Concord Hospital Inc
Concord Hospital Inc, a charitable organization, is dedicated to addressing the health requirements of the communities it serves. With a mission to meet the health needs of individuals, Concord Hospital invests significantly in community benefit programs, services, and other expenses. In the fiscal year 2022, the organization allocated over $78 million towards these initiatives.
The largest portions of these investments went towards charitable care services, medical education, and subsidized programs and services. This substantial investment enhances Concord Hospital's capacity to deliver high-quality patient care and respond effectively to identified community health needs, aligning with its charitable mission. By prioritizing these areas of support, Concord Hospital ensures that it remains committed to making a positive impact on the communities it serves.
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Impact
October, 2024
Concord Hospital Inc significantly influences the community by providing a wide range of essential hospital services that cater to the health needs of individuals in the surrounding areas. In the fiscal year ending 2022, the hospital invested over $78 million in community benefit programs, emphasizing its commitment to enhancing healthcare accessibility and quality.
The largest portions of this investment were directed toward charitable care services, medical education, as well as subsidized programs and services, ensuring that critical health resources are available to those who need them most. This comprehensive support enables Concord Hospital to effectively respond to identified community health needs while fulfilling its mission to serve the public's health requirements. Overall, the hospital's efforts contribute to improving health outcomes, fostering a healthier community, and addressing the diverse needs of its population in Concord, NH, and beyond.
This information is meant to be a general summary of Concord Hospital Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,376,239
- Program Service Revenue: $603,933,061
- Gross Receipts: $709,278,286
Assets and Liabilities:
- Total Assets: $692,144,264
- Total Liabilities: $330,130,228
- Net Assets: $362,014,036
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Net Patient Services
Revenue
$577,398,890
Disproportionate Share Funding
Revenue
$19,500,000
Food Services
Revenue
$3,188,698
Other Operating Revenue
Revenue
$2,013,620
Child Care Center
Revenue
$862,960
Organization Details
Founding Year
1944
Phone
(603) 228-4677Principal Officer
Robert P Steigmeyer
Main Address
250 Pleasant Street, Concord, NH, 03301
Website
www.concordhospital.orgNTEE Category
Code: E220 - Health
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