STURDY HEALTH FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

STURDY HEALTH FOUNDATION INC

EIN 04-2103631 · Health Care (E110)

What they do

to SUPPORT THE MISSION and PURPOSES of STURDY MEMORIAL HOSPITAL and ITS AFFILIATES, WHICH ARE AT THE FOREFRONT of DELIVERING EXCEPTIONAL PATIENT CARE. (CONTINUED ON SCHEDULE O).

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.50 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 leaders23 people are listed in the latest report.

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

Money made simple

42.86%of revenue went to mission work80.5% of expenses · Program services

4.10%of revenue went to fundraising7.7% of expenses

$53.24spent for every $100 of revenueRevenue covered expenses this year.

6.27%of revenue went to management and office costs11.8% of expenses

$19.85in assets for every $1 spent this yearSome assets cannot be spent right away.

8.1%of its money came from giftsOther money may come from services or investments.

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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 $154,401 for WILLIAM FLORENTINO (CHIEF DEVEL. OFFICER (THRU 03/2023)). 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$6,973,738

Mission workProgram services$2,988,83642.86% of revenue80.5% of expenses

ManagementOffice and general costs$437,5186.27% of revenue11.8% of expenses

FundraisingAsking for donations$286,2674.10% of revenue7.7% of expenses

Revenue left after expensesReported annual surplus$3,261,11746.76% of revenueShown in gray on the chart

Total expenses$3,712,62153.24% 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: 80.5% mission · 11.8% management · 7.7% fundraisingTotal expenses: 53.24% of revenue

2022Expense mix: 84.1% mission · 10.4% management · 5.5% fundraisingTotal expenses: 52.26% of revenue

2021Expense mix: 85.5% mission · 4.9% management · 9.6% fundraisingTotal expenses: 45.18% of revenue

2020Expense mix: 89.7% mission · 7.1% management · 3.2% fundraisingTotal expenses: 38.59% of revenue

2019Expense mix: 87.4% mission · 9.4% management · 3.1% fundraisingTotal expenses: 45.65% of revenue

2018Expense mix: 85.0% mission · 9.3% management · 5.7% fundraisingTotal expenses: 42.20% of revenue

2017Expense mix: 94.4% mission · 3.7% management · 1.9% fundraisingTotal expenses: 45.98% of revenue

2016Expense mix: 61.8% mission · 20.2% management · 18.0% fundraisingTotal expenses: 10.50% of revenue

Money in and money out

Revenue$6,973,738

Expenses$3,712,621

Annual surplus $3,261,117 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)$2,988,836 · 80.5% of expenses

Management and office costs$437,518 · 11.8% of expenses

Fundraising$286,267 · 7.7% of expenses

See all reported dollar amounts

Revenue$6,973,738

Expenses$3,712,621

Assets$73,682,428

Income$16,882,782

Contributions$567,476

Mission work (program services)$2,988,836

Fundraising$286,267

Management and general$437,518

Stocks and bonds$45,638,912

Investing fees$29,303

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

WILLIAM FLORENTINOCHIEF DEVEL. OFFICER (THRU 03/2023) · 30 hrs/week $154,401Base $151,725 · Other $2,676

COLEEN RESNICKVP, CHIEF ADVANCEMENT OFFICER · 40 hrs/week $138,876Base $123,853 · Other $15,023

AIMEE BREWEREXECUTIVE DIRECTOR · 2 hrs/week $98,320Base · Other $98,320

RONALD VAN NESS-OTUNNU MDPHYSICIAN DIRECTOR (THRU 12/2023) · 1 hrs/week $51,799Base · Other $51,799

AMY PFEFFERCFO · 5 hrs/week $48,482Base · Other $48,482

NITHIN KARANTH MDPHYSICIAN DIRECTOR (AS OF 01/2024) · 1 hrs/week $9,537Base · Other $9,537

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 (23)

WILLIAM FLORENTINOCHIEF DEVEL. OFFICER (THRU 03/2023)

COLEEN RESNICKVP, CHIEF ADVANCEMENT OFFICER

AIMEE BREWEREXECUTIVE DIRECTOR

RONALD VAN NESS-OTUNNU MDPHYSICIAN DIRECTOR (THRU 12/2023)

AMY PFEFFERCFO

NITHIN KARANTH MDPHYSICIAN DIRECTOR (AS OF 01/2024)

ANDY BEISETREASURER (AS OF 01/2024)

DENNIS KELLYDIRECTOR (THRU 12/2023)

THOMAS NOELDIRECTOR

STEPHEN BURLONETREASURER (THRU 12/2023)

ROSE LARSONCLERK

CATHLEEN DESIMONEDIRECTOR

ROGER FORMANDIRECTOR

RICHARD DIGIACOMODIRECTOR

RALPH SCHLENKERPRESIDENT

LAURA GIGNACDIRECTOR

KEVIN CRYANDIRECTOR

JOHN KORONADIRECTOR/CHAIR (THRU 12/2023)

JAMES DELISIODIRECTOR

FRANK COOKDIRECTOR (AS OF 01/2024)

DWAYNE DEMONDDIRECTOR (THRU 12/2023)

DONNA N KIMMELDIRECTOR/CHAIR (AS OF 01/2024)

DENNIS LEAHYDIRECTOR (AS OF 01/2024)

About this charity

Recognized since: January 1956
Location: 211 PARK STREET PO BOX 2963, ATTLEBORO, MA 027030963
County: Bristol
In care of: AMY PFEFFER
Primary officer: AMY PFEFFER, CFO

How to reach them

WebsiteVisit the charity’s website Phone(508) 222-5200

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Health Care (E110)