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Concord Hospital Inc

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

EIN: 222594672 ✦ Concord, NH ✦ Designated as a 501(c)(3)

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

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.

Here 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 4,198 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):

    Robert P Steigmeyer (President & Ceo, Member Ex) [Trustee/Director]
  • Compensation: $1,415,834
  • Related: $0
  • Other: $270,620

    • Matthew Gibb (Chief Clinical Officer)
  • Compensation: $857,617
  • Related: $0
  • Other: $109,187

    • Nicola Francalancia Md (Physician)
  • Compensation: $808,613
  • Related: $0
  • Other: $44,342

    • Louis Russo Md (Physician)
  • Compensation: $795,916
  • Related: $0
  • Other: $12,970

    • Scott Sloane (Treasurer)
  • Compensation: $620,216
  • Related: $0
  • Other: $138,222

    • Moosavi Shahab Md (Physician)
  • Compensation: $642,907
  • Related: $0
  • Other: $65,382

    • Christopher Fore Md (Physician)
  • Compensation: $578,966
  • Related: $0
  • Other: $57,615

    • Samuel Aldridge Md (Physician)
  • Compensation: $564,927
  • Related: $0
  • Other: $63,637

    • Christopher Allen Md (Trustee/Ch Med. Staff Pres.(On 1/22))
  • Compensation: $352,104
  • Related: $0
  • Other: $62,223

    • Tanja Vanderlinde Md (Trustee (End 1/2022))
  • Compensation: $268,485
  • Related: $0
  • Other: $102,811

    • Joseph Meyer Md (Trustee)
  • Compensation: $240,456
  • Related: $0
  • Other: $88,872

    • Timothy Jones (Former Vp/Coo (Ended 6/2020))
  • Compensation: $215,977
  • Related: $0
  • Other: $0

    • Sol Asmar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frederick Briccetti Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Fanaras (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy Hodder Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy Karl Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Lorden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Noordsij Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Segal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Towle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Don Welford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philip Emma (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manisha Patel Dds (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Chapman Esq (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.concordhospital.org

    Where can I find the form 990 for Concord Hospital Inc?

    The 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.

    Impact

    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.




    Thursday, August 15, 2024

    Concord Hospital Inc's impact is significant, as it plays a vital role in meeting the health needs of individuals within the communities it serves. In the fiscal year ending 2022, Concord Hospital invested over $78 million in community benefit programs, services, and other expenses. This investment primarily supported charitable care services, medical education, and subsidized programs and services. By allocating resources to these areas, Concord Hospital enhances its ability to provide quality patient care, respond to identified community health needs, and fulfill its charitable mission. Overall, Concord Hospital's commitment to improving the well-being of its community members is evident in its substantial contributions and dedication to serving those in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    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
  • 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

    Principal Officer

    Robert P Steigmeyer

    Main Address

    250 Pleasant Street, Concord, NH, 03301

    NTEE Category

    Code: E22 - Health

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