CONCORD HOSPITAL - FRANKLIN Charity Report

Public IRS 990 nonprofit record

CONCORD HOSPITAL - FRANKLIN

EIN 85-1433123 · Hospitals (E20)

What they do

CH-Franklin is A Charitable Organization Which Exists to Meet The Health Needs of Individuals Within The Communities It Serves.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.30 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 leaders16 people are listed in the latest report.

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

Money made simple

56.35%of revenue went to mission work84.3% of expenses · Program services

0.11%of revenue went to fundraising0.2% of expenses

$66.83spent for every $100 of revenueRevenue covered expenses this year.

10.37%of revenue went to management and office costs15.5% of expenses

$1.61in 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.

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 $316,861 for ROBERT STEIGMEYER (PRESIDENT & CEO, MEMBER EX-OFFICIO). 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$39,969,987

Mission workProgram services$22,522,18056.35% of revenue84.3% of expenses

ManagementOffice and general costs$4,143,37510.37% of revenue15.5% of expenses

FundraisingAsking for donations$45,0890.11% of revenue0.2% of expenses

Revenue left after expensesReported annual surplus$13,259,34333.17% of revenueShown in gray on the chart

Total expenses$26,710,64466.83% 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: 84.3% mission · 15.5% management · 0.2% fundraisingTotal expenses: 66.83% of revenue

2022Expense mix: 84.9% mission · 15.0% management · 0.2% fundraisingTotal expenses: 75.62% of revenue

2021Expense mix: 85.8% mission · 14.0% management · 0.2% fundraisingTotal expenses: 92.97% of revenue

2020Expense mix: 85.1% mission · 14.7% management · 0.2% fundraisingTotal expenses: 76.69% of revenue

Money in and money out

Revenue$39,969,987

Expenses$26,710,644

Annual surplus $13,259,343 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)$22,522,180 · 84.3% of expenses

Management and office costs$4,143,375 · 15.5% of expenses

Fundraising$45,089 · 0.2% of expenses

See all reported dollar amounts

Revenue$39,969,987

Expenses$26,710,644

Assets$43,045,897

Income$39,969,987

Contributions$2,344

Mission work (program services)$22,522,180

Fundraising$45,089

Management and general$4,143,375

Stocks and bonds$367,995

Accounting fees$9,996

Investing fees$555

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

ROBERT STEIGMEYERPRESIDENT & CEO, MEMBER EX-OFFICIO · 1 hrs/week $316,861Base · Other $316,861

SCOTT SLOANESENIOR VP, CFO, & TREASURER · 1 hrs/week $154,062Base · Other $154,062

MARY BAKKENSYSTEM CHIEF OPERATING OFFICER · 1 hrs/week $145,242Base · Other $145,242

MATTHEW GIBB MDCHIEF CLINICAL OFFICER · 1 hrs/week $126,234Base · Other $126,234

KEVIN MCCARTHYCHIEF ADMINISTRATIVE OFFICER · 1 hrs/week $104,369Base · Other $104,369

MARY ABIGAIL DACUYCUY MDPHYSICIAN · 50 hrs/week $54,306Base · Other $54,306

MELISSA HANRAHAN MDPHYSICIAN · 50 hrs/week $51,201Base · Other $51,201

JO-ANN LOPEZ VALLES MDPHYSICIAN · 50 hrs/week $45,091Base · Other $45,091

ANA SILVIA HERNANDEZ AVILES MDPHYSICIAN · 50 hrs/week $42,016Base · Other $42,016

TE-ANA HARRIS MDPHYSICIAN · 50 hrs/week $34,148Base · Other $34,148

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 (16)

ROBERT STEIGMEYERPRESIDENT & CEO, MEMBER EX-OFFICIO

SCOTT SLOANESENIOR VP, CFO, & TREASURER

MARY BAKKENSYSTEM CHIEF OPERATING OFFICER

MATTHEW GIBB MDCHIEF CLINICAL OFFICER

KEVIN MCCARTHYCHIEF ADMINISTRATIVE OFFICER

MARY ABIGAIL DACUYCUY MDPHYSICIAN

MELISSA HANRAHAN MDPHYSICIAN

JO-ANN LOPEZ VALLES MDPHYSICIAN

ANA SILVIA HERNANDEZ AVILES MDPHYSICIAN

TE-ANA HARRIS MDPHYSICIAN

MANISHA PATEL DDSCHAIR

LUCY KARL ESQTRUSTEE

LUCY HODDER ESQSECRETARY

ROBERT SEGALTRUSTEE

CHARLES FANARASVICE CHAIR

WILLIAM CHAPMAN ESQSECRETARY (END 1/2024)

About this charity

Recognized since: January 2021
Location: 250 Pleasant Street, Concord, NH 03301
County: Merrimack
In care of: Scott Sloane
Primary officer: Scott Sloane, Senior VP, CFO, & Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(603) 228-4677

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: BAKER NEWMAN & NOYES
NTEE classification: Hospitals (E20)
IRS tax category: Hospitals