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Concord Hospital Trust

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

EIN: 260378710 ✦ Concord, NH ✦ Designated as a 501(c)(3)

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Overview

What is Concord Hospital Trust?

Concord Hospital Trust, located at 250 Pleasant Street, Concord, New Hampshire, functions as the philanthropic arm of Concord Hospital. This nonprofit organization raises funds through various initiatives, including annual, planned, and special gifts. The majority of these contributions are allocated towards several key areas, such as providing charitable care, supporting subsidized community benefit programs, enhancing cancer care services, and upgrading medical technology, including advanced equipment for the Payson Cancer Center. By doing so, Concord Hospital Trust helps meet the health needs of individuals residing in the communities served by Concord Hospital.


Official website here: www.concordhospital.org

Is Concord Hospital Trust legitimate?

Concord Hospital Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord Hospital Trust 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


Official website here: www.concordhospital.org

What is the mission statement of Concord Hospital Trust?

The Concord Hospital Trust functions as the philanthropic arm of Concord Hospital, with a mission to secure and distribute charitable contributions as per donors' wishes, supporting the hospital's objective of addressing the health requirements of the communities it serves. The trust utilizes endowment funds and money raised through annual, planned, and special gifts initiatives to fund various programs and services. A significant portion of these philanthropic resources is allocated towards charitable care, operating support for subsidized community benefit programs, cancer care services, and modern medical technology, including advanced equipment for the Payson Cancer Center.


Official website here: www.concordhospital.org

Who is the CEO of Concord Hospital Trust?

Robert P Steigmeyer is the President & Ceo of Concord Hospital Trust. The CEO's salary of Concord Hospital Trust is $0 and their total compensation is $1,686,454.


Official website here: www.concordhospital.org

What is the revenue of Concord Hospital Trust?

Concord Hospital Trust's revenue in 2022 was $11,238,250.


Official website here: www.concordhospital.org

Who are the executives of Concord Hospital Trust and what are their salaries?

There 12 volunteers at Concord Hospital Trust.


Here are 17 key members and their salaries (Concord Hospital Trust's CEO's salary is $0 and their total compensation is $1,686,454):


Robert P Steigmeyer (President & Ceo)
  • Compensation: $0
  • Related: $1,415,834
  • Other: $270,620
Ronald Yap Md (Immediate Past Chair)
  • Compensation: $0
  • Related: $428,414
  • Other: $84,787
Lynda Caine (Trustee (End 3/2022))
  • Compensation: $0
  • Related: $128,421
  • Other: $28,273
Suzanne Meyer (Trustee)
  • Compensation: $0
  • Related: $27,960
  • Other: $350
Kimberlee G Burgess Esq (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianne Cook (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth A Deloge Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Mcmanis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Moran (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Provost Cfp (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
Charles Fanaras (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Muriel Schadee Cpa (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Pitman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Sloane (Senior Vp/Cfo & Treasurer)
  • Compensation: $0
  • Related: $620,216
  • Other: $138,222


Official website here: www.concordhospital.org

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

Concord Hospital Trust'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 Trust

The Concord Hospital Trust serves as the philanthropic arm of Concord Hospital, dedicating its efforts to securing and distributing charitable gifts in alignment with donors' intentions. Its mission is to support the Hospital's broader objective of addressing the health needs of individuals within the communities it serves. The Trust achieves this by channeling available endowment monies and funds raised through annual, planned, and special gifts initiatives towards various programs and services. The majority of these philanthropic funds are allocated towards charitable care, operational support for subsidized community benefit programs such as the Family Health Center and emergency behavioral health services, cancer care services, and medical technology, including advanced equipment for the Payson Cancer Center. In essence, the Concord Hospital Trust plays a crucial role in enhancing the Hospital's capacity to cater to the health needs of its community members.

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Impact




October, 2024

Concord Hospital Trust plays a vital role in enhancing healthcare services within the community by securing and distributing charitable gifts to support Concord Hospital's mission. The Trust funds a wide array of programs and services aimed at improving health outcomes for community members. Key initiatives include providing charitable care and operating support for essential programs such as the Family Health Center and emergency behavioral health services. Additionally, the Trust has significantly contributed to cancer care services and invested in state-of-the-art medical technology at the Payson Cancer Center. Through its fundraising efforts and endowment management, Concord Hospital Trust directly impacts the health and well-being of individuals in Concord, NH, by ensuring access to quality medical services and support.




This information is meant to be a general summary of Concord Hospital Trust. 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
$11,238,250 (2022)
Expenses
$10,367,908 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,757,782
  • Gross Receipts: $13,277,810

Assets and Liabilities:

  • Total Assets: $56,794,845
  • Total Liabilities: $7,067,839
  • Net Assets: $49,727,006

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Organization Details

Founding Year

2008

Principal Officer

Robert P Steigmeyer

Main Address

250 Pleasant Street, Concord, NH, 03301

NTEE Category

Code: E11 - Health

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