Androscoggin Valley Hospital Foundation

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

EIN: 223035216 ✦ Berlin, NH ✦ Designated as a 501(c)(3)

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Overview

What is Androscoggin Valley Hospital Foundation?

Androscoggin Valley Hospital Foundation is a nonprofit organization situated in Berlin, New Hampshire, specifically at 59 Page Hill Road. Their primary mission is to provide both financial support and asset management to Androscoggin Valley Hospital. In essence, they function as a charitable partner, primarily engaging in fundraising activities and investment management to bolster the hospital's mission.

Is Androscoggin Valley Hospital Foundation legitimate?

Androscoggin Valley Hospital Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Androscoggin Valley Hospital Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Androscoggin Valley Hospital Foundation?

The Androscoggin Valley Hospital Foundation's mission is primarily centered around supporting the charitable objectives of Androscoggin Valley Hospital. This support is primarily achieved through two main avenues: fundraising and investment management. The foundation's role is to manage assets and provide financial assistance to ensure the hospital can continue its mission of delivering healthcare services to its community. By doing so, the foundation contributes significantly to the hospital's ability to fulfill its charitable commitments.

Who is the CEO of Androscoggin Valley Hospital Foundation?

Michael Peterson is the President of Androscoggin Valley Hospital Foundation. The CEO's salary of Androscoggin Valley Hospital Foundation is $0 and their total compensation is $716,889.

What is the revenue of Androscoggin Valley Hospital Foundation?

Androscoggin Valley Hospital Foundation's revenue in 2022 was $167,210.

Who are the executives of Androscoggin Valley Hospital Foundation and what are their salaries?

There 3 volunteers at Androscoggin Valley Hospital Foundation.


Here are 8 key members and their salaries (Androscoggin Valley Hospital Foundation's CEO's salary is $0 and their total compensation is $716,889):


Michael Peterson (President)
  • Compensation: $0
  • Related: $413,676
  • Other: $46,019
Mark Kelley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Laflamme (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Mccue (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian O'Hearn (Director)
  • Compensation: $0
  • Related: $229,637
  • Other: $48,726
Thomas Mee (System Ceo)
  • Compensation: $0
  • Related: $677,301
  • Other: $39,588
Matthew Streeter (System Cfo)
  • Compensation: $0
  • Related: $167,302
  • Other: $26,546
Richard Werkowski (Former Interim Cfo)
  • Compensation: $0
  • Related: $120,750
  • Other: $0
Where can I find the form 990 for Androscoggin Valley Hospital Foundation?

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

Mission Statement of Androscoggin Valley Hospital Foundation

Androscoggin Valley Hospital Foundation, a nonprofit organization, is committed to supporting the charitable mission of Androscoggin Valley Hospital primarily through fundraising and investment management. By providing asset management and financial support, this foundation plays a crucial role in strengthening the hospital's capabilities and resources. In essence, the Androscoggin Valley Hospital Foundation works tirelessly to ensure the hospital can continue delivering high-quality healthcare services to its community.

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Impact




October, 2024

The Androscoggin Valley Hospital Foundation significantly impacts healthcare delivery in the community through effective asset management and financial support for Androscoggin Valley Hospital. By focusing on fundraising and investment management, the Foundation enhances the hospital's capacity to provide essential medical services, improve facilities, and invest in advanced technologies. This support ensures that residents in Berlin, NH, and surrounding areas have access to high-quality healthcare. Ultimately, the Foundation's work plays a crucial role in sustaining the hospital's charitable mission, fostering a healthier community through improved health outcomes and increased access to care.




This information is meant to be a general summary of Androscoggin Valley Hospital Foundation. 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
$167,210 (2022)
Expenses
$130,971 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $167,210
  • Gross Receipts: $167,210

Assets and Liabilities:

  • Total Assets: $2,723,873
  • Total Liabilities: $118,726
  • Net Assets: $2,605,147

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Organization Details

Founding Year

1987

Principal Officer

Michael Peterson

Main Address

59 Page Hill Road, Berlin, NH, 03570

NTEE Category

Code: T30 - Philanthropy

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