VALLEY REGIONAL HOSPITAL INC Charity Report

Public IRS 990 nonprofit record

VALLEY REGIONAL HOSPITAL INC

EIN 02-0222118 · Health Care (E22Z)

What they do

The Mission of Valley Regional Hospital, Inc. is to Improve Community Health, Patient Experience, and Value. Our Vision is to Partner With The Community to Optimize Health By Ensuring Access to High Value Health Care.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders33 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

77.71%of revenue went to mission work84.6% of expenses · Program services

$80.46spent for every $100 of revenueRevenue covered expenses this year.

14.16%of revenue went to management and office costs15.4% of expenses

$1.30in assets for every $1 spent this yearSome assets cannot be spent right away.

0.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $451,907 for JEFFREY A HANISSIAN (PAST PHYSICIAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$70,142,208

Mission workProgram services$54,510,50777.71% of revenue84.6% of expenses

ManagementOffice and general costs$9,929,02914.16% of revenue15.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$5,702,6728.13% of revenueShown in gray on the chart

Total expenses$64,439,53691.87% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 84.6% mission · 15.4% management · 0.0% fundraisingTotal expenses: 91.87% of revenue

2022Expense mix: 82.9% mission · 17.1% management · 0.0% fundraisingTotal expenses: 94.83% of revenue

2021Expense mix: 83.4% mission · 16.6% management · 0.0% fundraisingTotal expenses: 87.53% of revenue

2020Expense mix: 82.6% mission · 17.4% management · 0.0% fundraisingTotal expenses: 89.24% of revenue

2019Expense mix: 83.9% mission · 16.1% management · 0.0% fundraisingTotal expenses: 94.76% of revenue

2018Expense mix: 88.0% mission · 12.0% management · 0.0% fundraisingTotal expenses: 98.05% of revenue

2017Expense mix: 76.2% mission · 23.8% management · 0.0% fundraisingTotal expenses: 98.65% of revenue

2016Expense mix: 77.0% mission · 23.0% management · 0.0% fundraisingTotal expenses: 103.78% of revenue

Money in and money out

Revenue$80,091,262

Expenses$64,439,536

Annual surplus $15,651,726 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$54,510,507 · 84.6% of expenses

Management and office costs$9,929,029 · 15.4% of expenses

See all reported dollar amounts

Revenue$80,091,262

Expenses$64,439,536

Assets$83,821,173

Income$96,896,555

Contributions$382,904

Mission work (program services)$54,510,507

Management and general$9,929,029

Stocks and bonds$36,673,791

Accounting fees$59,319

Investing fees$162,424

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JEFFREY A HANISSIANPAST PHYSICIAN · 40 hrs/week $451,907Base $406,429 · Other $45,478

WHITNEY F HILTONORTHOPEDIST · 40 hrs/week $378,164Base $348,013 · Other $30,151

JOEL P HERRINGTONPAST PHYSICIAN · 40 hrs/week $361,531Base $328,232 · Other $33,299

CHARLES M SAWYERPAST PHYSICIAN · 40 hrs/week $359,636Base $338,802 · Other $20,834

JOSHUA RUDNERPAST ER PHYSICIAN/CMO · 40 hrs/week $352,061Base $335,822 · Other $16,239

FERNANDA MAGALHAES DE MELO MANARA MPHYSICIAN · 40 hrs/week $329,522Base $292,831 · Other $36,691

JULIANN BARRETT DOCMO · 40 hrs/week $321,386Base $314,490 · Other $6,896

STEVEN SURGENORTRUSTEE · 1 hrs/week $72,787Base · Other $72,787

PATRICK JORDANTRUSTEE · 1 hrs/week $71,266Base · Other $71,266

MATTHEW HOUDETRUSTEE · 1 hrs/week $60,242Base · Other $60,242

JOCELYN CAPLE MDINTERIM PRESIDENT & CEO · 39 hrs/week $58,356Base · Other $58,356

JEAN SHAWFORMER CFO $29,246Base · Other $29,246

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (33)

JEFFREY A HANISSIANPAST PHYSICIAN

WHITNEY F HILTONORTHOPEDIST

JOEL P HERRINGTONPAST PHYSICIAN

CHARLES M SAWYERPAST PHYSICIAN

JOSHUA RUDNERPAST ER PHYSICIAN/CMO

FERNANDA MAGALHAES DE MELO MANARA MPHYSICIAN

JULIANN BARRETT DOCMO

STEVEN SURGENORTRUSTEE

PATRICK JORDANTRUSTEE

MATTHEW HOUDETRUSTEE

JOCELYN CAPLE MDINTERIM PRESIDENT & CEO

JEAN SHAWFORMER CFO

SAMUEL SHIELDS JRTRUSTEE

ALEX SCOTTPAST TRUSTEE

WILLIAM PALMER MDTRUSTEE

PATRICIA PUTNAMVICE CHAIR

ALAN KEILLERTREASURER

VINCENT FUSCA IIIPAST TRUSTEE

TOM SULLIVANTRUSTEE

TERRI DECKERSECRETARY

BRYAN HUOTTRUSTEE

SCOTT BOURANISPAST TRUSTEE

CAROL VIVIANTRUSTEE

CELESTE PITTSINTERIM CFO

JOHN GILMANTRUSTEE

PAMELA BROWNTRUSTEE

MICHAEL FUERSTTRUSTEE

DEANNA HOWARDTRUSTEE

LISA RICHMONDTRUSTEE

KATHERINE LAJOIEPAST TRUSTEE

ERIC CRAINICHTRUSTEE

JAMES BORCHERTPAST TRUSTEE

JOHN TANSEYCHAIR

About this charity

Recognized since: January 1957
Location: 243 ELM ST, CLAREMONT, NH 03743-4921
County: Sullivan
In care of: Celeste Pitts
Primary officer: Celeste Pitts, Interim CFO

How to reach them

WebsiteVisit the charity’s website Phone(603) 542-7771

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: BERRY DUNN MCNEIL & PARKER LLC
NTEE classification: Health Care (E22Z)