STURDY MEMORIAL HOSPITAL INC Charity Report

Public IRS 990 nonprofit record

STURDY MEMORIAL HOSPITAL INC

EIN 04-2768252 · Health Care (E220)

What they do

THE HOSPITALS MISSION is to PROVIDE HIGH QUALITY CARE to THE SICK and INJURED, ON BOTH AN INPATIENT and OUTPATIENT BASIS, WITHOUT REGARD to RACE, CREED, NATIONAL ORIGIN, AGE, GENDER, DISABILITY, or ABILITY to PAY. (CONTINUED ON SCHEDULE O). ORGANIZATIONS MISSION (CONTINUED)THE HOSPITAL WORKS to ENSURE THAT AMPLE, HIGH-QUALITY PRIMARY and SPECIALTY PHYSICIAN SERVICES ARE ACCESSIBLE to AREA RESIDENTS. ADDITIONALLY, WE TRY to AVOID COSTLY DUPLICATION of HEALTH CARE SERVICES BY COORDINATING WITH OTHER AREA HEALTH CARE PROVIDERS to THE EXTENT PRACTICABLE. THE HOSPITAL PROVIDES LEADERSHIP WHILE WORKING IN COOPERATION WITH PUBLIC and PRIVATE HEALTH ORGANIZATIONS, AS WELL AS CIVIC and BUSINESS ORGANIZATIONS, to MEET THE HEALTH CARE NEEDS of OUR COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.10 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 leaders32 people are listed in the latest report.

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

Money made simple

84.64%of revenue went to mission work86.1% of expenses · Program services

$92.25spent for every $100 of revenueRevenue covered expenses this year.

13.72%of revenue went to management and office costs13.9% of expenses

$2.44in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%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 $1,009,946 for AIMEE BREWER (PRESIDENT & CEO). 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$296,170,067

Mission workProgram services$250,674,04684.64% of revenue86.1% of expenses

ManagementOffice and general costs$40,620,02113.72% of revenue13.9% of expenses

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

Revenue left after expensesReported annual surplus$4,876,0001.65% of revenueShown in gray on the chart

Total expenses$291,294,06798.35% 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: 86.1% mission · 13.9% management · 0.0% fundraisingTotal expenses: 98.35% of revenue

2022Expense mix: 85.5% mission · 14.5% management · 0.0% fundraisingTotal expenses: 98.45% of revenue

2021Expense mix: 87.3% mission · 12.7% management · 0.0% fundraisingTotal expenses: 95.02% of revenue

2020Expense mix: 87.1% mission · 12.9% management · 0.0% fundraisingTotal expenses: 91.78% of revenue

2019Expense mix: 87.6% mission · 12.4% management · 0.0% fundraisingTotal expenses: 94.24% of revenue

2018Expense mix: 87.6% mission · 12.4% management · 0.0% fundraisingTotal expenses: 92.03% of revenue

2017Expense mix: 86.9% mission · 13.1% management · 0.0% fundraisingTotal expenses: 91.67% of revenue

2016Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 94.48% of revenue

Money in and money out

Revenue$315,766,463

Expenses$291,294,067

Annual surplus $24,472,396 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)$250,674,046 · 86.1% of expenses

Management and office costs$40,620,021 · 13.9% of expenses

See all reported dollar amounts

Revenue$315,766,463

Expenses$291,294,067

Assets$709,403,993

Income$414,045,095

Contributions$27,073

Mission work (program services)$250,674,046

Grants given$82,322,559

Average grant$4,573,476

Management and general$40,620,021

Stocks and bonds$310,924,534

Accounting fees$208,325

Investing fees$432,394

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

AIMEE BREWERPRESIDENT & CEO · 37 hrs/week $1,009,946Base $911,626 · Other $98,320

NITHIN KARANTH MDPHYSICIAN DIRECTOR (AS OF 01/2024) · 42 hrs/week $990,669Base $981,132 · Other $9,537

WAYNE GIETZEVP/COO · 20 hrs/week $751,195Base $621,679 · Other $129,516

BRIAN PATEL MDPHYSICIAN · 40 hrs/week $663,532Base $620,620 · Other $42,912

AMY PFEFFERCFO & TREASURER · 35 hrs/week $652,851Base $604,369 · Other $48,482

RONALD VAN NESS-OTUNNU MDPHYSICIAN DIRECTOR (THRU 12/2023) · 42 hrs/week $551,761Base $499,962 · Other $51,799

NATALIE COOKCHIEF HUMAN RESOURCES OFFICER · 45 hrs/week $514,402Base $423,125 · Other $91,277

DENIS TANGUAYVP, CHIEF INFORMATION OFFICER · 45 hrs/week $503,438Base $405,391 · Other $98,047

MARK MCGUIRE MDPHYSICIAN · 40 hrs/week $467,867Base $435,395 · Other $32,472

JUSTINE ZILLIKENCHIEF STRATEGY OFFICER · 40 hrs/week $451,986Base $375,467 · Other $76,519

ALICIA BLAZEJEWSKI MDPHYSICIAN · 40 hrs/week $420,315Base $383,290 · Other $37,025

ROBIN MORRISSVP OF CLINICAL OPS & INTEGRITY · 45 hrs/week $380,803Base $350,819 · Other $29,984

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 (32)

AIMEE BREWERPRESIDENT & CEO

NITHIN KARANTH MDPHYSICIAN DIRECTOR (AS OF 01/2024)

WAYNE GIETZEVP/COO

BRIAN PATEL MDPHYSICIAN

AMY PFEFFERCFO & TREASURER

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

NATALIE COOKCHIEF HUMAN RESOURCES OFFICER

DENIS TANGUAYVP, CHIEF INFORMATION OFFICER

MARK MCGUIRE MDPHYSICIAN

JUSTINE ZILLIKENCHIEF STRATEGY OFFICER

ALICIA BLAZEJEWSKI MDPHYSICIAN

ROBIN MORRISSVP OF CLINICAL OPS & INTEGRITY

BRIAN KELLY MDFORMER VP/PHYSICIAN

LISA SALAMEHSVP FOR PATIENT SVCS. & CNO

DAVID SPOORFORMER SVP PATIENT SRVS/CNO

CATHLEEN DESIMONEDIRECTOR

THOMAS NOELDIRECTOR

STEPHEN BURLONEDIRECTOR

ROSE LARSONCLERK

ANDY BEISEDIRECTOR (AS OF 01/2024)

ROGER FORMANDIRECTOR

RICHARD DIGIACOMODIRECTOR

RALPH SCHLENKERDIRECTOR

DENNIS LEAHYDIRECTOR (AS OF 01/2024)

LAURA GIGNACDIRECTOR

KEVIN CRYANDIRECTOR

DENNIS KELLYDIRECTOR (THRU 12/2023)

JOHN KORONACHAIR (THRU 12/2023)

JAMES DELISIODIRECTOR

FRANK COOKDIRECTOR (AS OF 01/2024)

DWAYNE DEMONDDIRECTOR (THRU 12/2023)

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

About this charity

Recognized since: January 1982
Location: PO BOX 2963, ATTLEBORO, MA 02703-0963
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 Officer phone(508) 236-8150

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 (E220)
Grant-giving organization: Yes