Overview
What is Concord Hospital - Franklin?
Concord Hospital - Franklin, located at 250 Pleasant Street, Concord, New Hampshire (03301), is a charitable hospital dedicated to addressing the health requirements of the local community. In the fiscal year ending 2022, CH-Franklin invested approximately $3 million in community benefit programs and services, primarily focusing on charitable care and subsidized initiatives. This investment strengthens the hospital's capacity to deliver high-quality patient care and address identified community health needs, aligning with its mission to serve the population it caters to.
Official website here: www.concordhospital-laconia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Concord Hospital - Franklin has achieved an exceptional Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. This rating reflects the organization’s commitment to transparency and effective financial management, with a notable emphasis on maintaining a majority of independent board members and a solid score in governance practices.
The nonprofit demonstrates impressive financial health, with a program expense ratio of 85.32%, signifying that a significant portion of its budget is directed towards its programs and services. The organization also scores perfectly in areas such as its audit and oversight committee, conflict of interest policy, and whistleblower policy, highlighting its robust operational practices that prioritize ethical management.
While the rating is overwhelmingly positive, it is important for potential donors and stakeholders to remain aware of the overall impact of the organization's programs. Continuous monitoring of its effectiveness and community engagement will be essential for maintaining this high standard of accountability and service.
This AI summary has been generated from information found on Charity Navigator.
Is Concord Hospital - Franklin legitimate?
Concord Hospital - Franklin is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord Hospital - Franklin 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: $14,765,837
For more financial information, click here
Official website here: www.concordhospital-laconia.org
What is the mission statement of Concord Hospital - Franklin?
Concord Hospital-Franklin is a charitable organization dedicated to serving the health needs of the communities it caters to. The mission of the hospital is to invest in programs and services that enhance its capacity to deliver quality patient care and address community health requirements. In fiscal year 2022, the hospital allocated close to $3 million towards community benefit initiatives. The majority of this investment went towards charitable care services and subsidized programs, enabling the hospital to further its commitment to providing essential healthcare services. Through these efforts, Concord Hospital-Franklin strengthens its ability to fulfill its charitable mission and improve overall healthcare outcomes for those it serves.
Official website here: www.concordhospital-laconia.org
Who is the CEO of Concord Hospital - Franklin?
Robert P Steigmeyer is the Principal Officer of Concord Hospital - Franklin. The CEO's salary of Concord Hospital - Franklin is $0 and their total compensation is $1,686,454.
Official website here: www.concordhospital-laconia.org
What is the revenue of Concord Hospital - Franklin?
Concord Hospital - Franklin's revenue in 2022 was $33,485,171.
Official website here: www.concordhospital-laconia.org
Who are the executives of Concord Hospital - Franklin and what are their salaries?
There 5 volunteers at Concord Hospital - Franklin.
Here are 9 key members and their salaries (Concord Hospital - Franklin's CEO's salary is $0 and their total compensation is $1,686,454):
- Compensation: $0
- Related: $1,415,834
- Other: $270,620
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $620,216
- Other: $138,222
- Compensation: $0
- Related: $857,617
- Other: $109,187
- Compensation: $0
- Related: $276,524
- Other: $12,725
Official website here: www.concordhospital-laconia.org
Where can I find the form 990 for Concord Hospital - Franklin?
Concord Hospital - Franklin's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.concordhospital-laconia.org
Learn more at the official website: www.concordhospital-laconia.org
Mission Statement of Concord Hospital - Franklin
Concord Hospital-Franklin, a charitable organization, is dedicated to addressing the health needs of the communities it serves. In line with its mission, the hospital invests substantially in community benefit programs and services, amounting to nearly $3 million in FYE 2022. The organization's primary focus lies in charitable care services and subsidized programs and initiatives.
By providing these vital services, Concord Hospital-Franklin enhances its capacity to deliver top-notch patient care and identify and respond to community health needs. The hospital's charitable mission is strengthened through these investments, ensuring its commitment to improving the overall well-being of individuals within the communities it serves.
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Impact
October, 2024
Concord Hospital - Franklin significantly impacts the community by investing nearly $3 million in community benefit programs and services in fiscal year 2022. This substantial investment primarily supports charitable care and subsidized programs, enhancing the hospital's capacity to provide quality patient care. By addressing identified community health needs, Concord Hospital - Franklin fulfills its mission to meet the health needs of individuals within the communities it serves. The hospital's commitment to these initiatives not only boosts health services but also strengthens the overall well-being of the region.
This information is meant to be a general summary of Concord Hospital - Franklin. 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: $20,468
- Program Service Revenue: $33,381,877
- Gross Receipts: $33,485,171
Assets and Liabilities:
- Total Assets: $16,651,021
- Total Liabilities: $1,188,171
- Net Assets: $15,462,850
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Patient Services
Revenue
$30,981,256
Disproportionate Share Funding
Revenue
$2,293,600
Food Services
Revenue
$98,381
Pharmacies
Revenue
$8,640
Organization Details
Founding Year
2020
Phone
(603) 228-4677Principal Officer
Robert P Steigmeyer
Main Address
250 Pleasant Street, Concord, NH, 03301
NTEE Category
Code: E20 - Health
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