MONADNOCK COMMUNITY HOSPITAL Charity Report

Public IRS 990 nonprofit record

MONADNOCK COMMUNITY HOSPITAL

EIN 02-0222157 · Health Care (E220)

What they do

Monadnock Community Hospital is Committed to Improving The Health and Well-being of Our Community. We Will Elevate The Health of Our Community By Providing Accessible, High Quality and Value Based Care.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.10 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 leaders26 people are listed in the latest report.

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

Money made simple

85.12%of revenue went to mission work89.1% of expenses · Program services

0.53%of revenue went to fundraising0.6% of expenses

$95.50spent for every $100 of revenueRevenue covered expenses this year.

9.86%of revenue went to management and office costs10.3% of expenses

$1.66in assets for every $1 spent this yearSome assets cannot be spent right away.

0.6%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 $625,597 for VACHE HAMBARDZUMYAN MD (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$128,008,734

Mission workProgram services$108,962,53285.12% of revenue89.1% of expenses

ManagementOffice and general costs$12,617,3489.86% of revenue10.3% of expenses

FundraisingAsking for donations$672,5280.53% of revenue0.6% of expenses

Revenue left after expensesReported annual surplus$5,756,3264.50% of revenueShown in gray on the chart

Total expenses$122,252,40895.50% 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: 89.1% mission · 10.3% management · 0.6% fundraisingTotal expenses: 95.50% of revenue

2022Expense mix: 88.7% mission · 10.6% management · 0.7% fundraisingTotal expenses: 93.83% of revenue

2021Expense mix: 88.8% mission · 10.7% management · 0.6% fundraisingTotal expenses: 93.88% of revenue

2020Expense mix: 89.1% mission · 10.4% management · 0.5% fundraisingTotal expenses: 89.77% of revenue

2019Expense mix: 89.3% mission · 10.3% management · 0.4% fundraisingTotal expenses: 89.34% of revenue

2018Expense mix: 89.0% mission · 10.6% management · 0.5% fundraisingTotal expenses: 100.64% of revenue

2017Expense mix: 89.4% mission · 10.1% management · 0.5% fundraisingTotal expenses: 91.99% of revenue

2016Expense mix: 88.9% mission · 10.6% management · 0.5% fundraisingTotal expenses: 98.11% of revenue

Money in and money out

Revenue$128,008,734

Expenses$122,252,408

Annual surplus $5,756,326 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)$108,962,532 · 89.1% of expenses

Management and office costs$12,617,348 · 10.3% of expenses

Fundraising$672,528 · 0.6% of expenses

See all reported dollar amounts

Revenue$128,008,734

Expenses$122,252,408

Assets$203,243,687

Income$128,843,194

Contributions$829,431

Mission work (program services)$108,962,532

Fundraising$672,528

Grants given$129,943

Average grant$10,829

Management and general$12,617,348

Executive compensation (total)$1,873,201

Stocks and bonds$113,120,776

Accounting fees$118,883

Investing fees$262,097

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

VACHE HAMBARDZUMYAN MDPHYSICIAN · 42 hrs/week $625,597Base $596,287 · Other $29,310

TERRENCE MCNAMARA DOTRUSTEE/PHYSICIAN · 42 hrs/week $493,009Base $455,080 · Other $37,929

CYNTHIA MCGUIRECHIEF EXECUTIVE OFFICER · 55 hrs/week $487,327Base $435,263 · Other $52,064

DEREK ANDERSON MDPHYSICIAN · 42 hrs/week $476,054Base $436,575 · Other $39,479

DANIEL PERLI MDPHYSICIAN/CHIEF MEDICAL OFFICER · 50 hrs/week $460,955Base $442,753 · Other $18,202

SHAWN HARRINGTON MDPHYSICIAN · 42 hrs/week $438,336Base $401,907 · Other $36,429

DMITRY TARASEVICH MDPHYSICIAN · 42 hrs/week $414,627Base $396,554 · Other $18,073

ALEXANDER J WALKER ESQEX-OFFICIO (VOTING) (END 3/2024) · 3 hrs/week $351,171Base · Other $351,171

RICHARD D SCHEINBLUMVP FINANCE/CFO · 50 hrs/week $313,650Base $287,766 · Other $25,884

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 (26)

VACHE HAMBARDZUMYAN MDPHYSICIAN

TERRENCE MCNAMARA DOTRUSTEE/PHYSICIAN

CYNTHIA MCGUIRECHIEF EXECUTIVE OFFICER

DEREK ANDERSON MDPHYSICIAN

DANIEL PERLI MDPHYSICIAN/CHIEF MEDICAL OFFICER

SHAWN HARRINGTON MDPHYSICIAN

DMITRY TARASEVICH MDPHYSICIAN

ALEXANDER J WALKER ESQEX-OFFICIO (VOTING) (END 3/2024)

RICHARD D SCHEINBLUMVP FINANCE/CFO

LESLIE LEWISTRUSTEE

THOMAS S BATES CPATREASURER

STEVE KIMTRUSTEE (START 1/2024)

STEPHEN LEHMKUHL DOEX-OFFICIO (VOTING)

PETER CERRONI DMDTRUSTEE

PAULA HUNTERTRUSTEE; VICE CHAIR (START 1/2024)

PAUL FABERVC (END 1/24); CHAIR (START 1/24)

PATRICIA SHUSTERCLERK

MICHAEL SHEATRUSTEE (END 1/2024)

JEFFREY R CROCKER ESQTRUSTEE

JAMES CALLAHAN ESQCHAIR (END 1/2024); TRUSTEE

IRIS WAITTTRUSTEE

GREG NEILLEY MDTRUSTEE (START 1/2024)

ERIC LASKY MDEX-OFFICIO (VOTING)

ED MADIGANTRUSTEE (START 1/2024)

CASANDRA CLARKTRUSTEE

CAROLYN GARRETSONTRUSTEE

About this charity

Recognized since: January 1946
Location: 452 Old Street Road, Peterborough, NH 03458
County: Hillsborough
In care of: Richard D Scheinblum
Primary officer: Richard D Scheinblum, VP of Finance/CFO

How to reach them

WebsiteVisit the charity’s website Phone(603) 924-7191

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: BAKER NEWMAN & NOYES
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes