Concord Hospital - Laconia

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

EIN: 851443782 ✦ Concord, NH ✦ Designated as a 501(c)(3)

Overview

What is Concord Hospital - Laconia?

Concord Hospital - Laconia, located at 250 Pleasant Street, Concord, New Hampshire, is a charitable hospital with a workforce of 1296 employees. They invest significant resources in community benefit programs and services, allocating almost $20 million in FYE 2022. Major areas of investment include charitable care services and subsidized programs. The hospital exists to address the health needs of individuals within the communities it serves, enhancing its ability to deliver quality patient care and address identified community health needs overall.


Official website here: www.concordhospital-laconia.org/

Is Concord Hospital - Laconia legitimate?

Concord Hospital - Laconia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord Hospital - Laconia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,357,287

For more financial information, click here


Official website here: www.concordhospital-laconia.org/

What is the mission statement of Concord Hospital - Laconia?

Concord Hospital-Laconia is a charitable organization dedicated to addressing the health needs of the communities it serves. Its mission is geared towards enhancing the capability to deliver quality patient care and address identified community health requirements. In the previous fiscal year, the organization invested close to 20 million dollars in community benefit programs, services, and other expenses. The largest sectors of support were charitable care services and subsidized programs and services. These investments strengthen the hospital's capacity to provide exceptional patient care and fulfill its overarching charitable mission.


Official website here: www.concordhospital-laconia.org/

Who is the CEO of Concord Hospital - Laconia?

Robert P Steigmeyer is the Principal Officer of Concord Hospital - Laconia. The CEO's salary of Concord Hospital - Laconia is $0 and their total compensation is $1,686,454.


Official website here: www.concordhospital-laconia.org/

What is the revenue of Concord Hospital - Laconia?

Concord Hospital - Laconia's revenue in 2022 was $143,628,883.


Official website here: www.concordhospital-laconia.org/

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

The average compensation at Concord Hospital - Laconia during 2022 was $58,918. There are 1,296 employees and 26 volunteers at Concord Hospital - Laconia.

Here are 14 key members and their salaries (Concord Hospital - Laconia's CEO's salary is $0 and their total compensation is $1,686,454):

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

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

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

    • Tajammul Shafique Md (Physician)
  • Compensation: $402,908
  • Related: $0
  • Other: $20,258

    • Raza M Shariff Md (Physician)
  • Compensation: $393,960
  • Related: $0
  • Other: $22,510

    • Christopher Weinmann Md (Physician)
  • Compensation: $355,544
  • Related: $0
  • Other: $20,789

    • Fredderic Fernholz Md (Physician)
  • Compensation: $277,298
  • Related: $0
  • Other: $17,701

    • Kevin Donovan Cao (Chief Administrative Off. (End 3/22))
  • Compensation: $0
  • Related: $276,524
  • Other: $12,725

    • Vercin Ephrem Md (President Medical Staff)
  • Compensation: $248,306
  • Related: $0
  • Other: $22,178

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

    • Robert Segal (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-laconia.org/

    Where can I find the form 990 for Concord Hospital - Laconia?

    The Concord Hospital - Laconia’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 - Laconia

    Concord Hospital-Laconia, a charitable organization, is dedicated to addressing the health needs of individuals within the communities it serves. Established with a mission to enhance the quality of patient care and respond to identified community health requirements, this hospital invests significantly in various community benefit programs and services. In the fiscal year ending 2022, Concord Hospital-Laconia allocated nearly $20 million towards charitable care services and subsidized programs and services. These investments enable the hospital to fulfill its mission effectively and provide essential healthcare resources to those in need. By prioritizing charitable care and subsidized programs, Concord Hospital-Laconia strengthens its ability to make a positive impact on the overall health and wellbeing of the communities it serves.

    Impact

    This information is meant to be a general summary of Concord Hospital - Laconia. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Concord Hospital - Laconia's impact is significant as it plays a crucial role in meeting the health needs of individuals within the communities it serves. In FYE 2022, the hospital invested nearly $20 million in community benefit programs, services, and other expenses. This investment primarily supported charitable care services and subsidized programs and services, ultimately enhancing the hospital's ability to provide quality patient care, respond to community health needs, and fulfill its charitable mission overall.





    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: $156,528
  • Program Service Revenue: $141,094,010
  • Gross Receipts: $143,628,883

    • Assets and Liabilities:
  • Total Assets: $62,507,843
  • Total Liabilities: $24,511,070
  • Net Assets: $37,996,773
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Patient services

    Revenue

    $131,709,876

    Disproportionate share funding

    Revenue

    $7,950,000

    Hospital auxiliary services

    Revenue

    $684,258

    Food services

    Revenue

    $389,860

    Pharmacies

    Revenue

    $360,016

    Organization Details

    Founding Year

    2020

    Principal Officer

    Robert P Steigmeyer

    Main Address

    250 Pleasant Street, Concord, NH, 033017559

    NTEE Category

    Code: E22 - Health

    If you are a representative of Concord Hospital - Laconia and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.