Capital Region Health Care Corp
- Assets
- $2.4m
- Revenue
- $434.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Concord, NH
- Founding
- 02/1948
- Data as of
- 09/2021
- EIN
- 02-0222123
Organization Overview
Capital Region Health Care Corp is located in Concord, NH. The organization was established in 1948. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital Region Health Care Corp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Capital Region Health Care Corp generated $434.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $466.1k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE MEDICAL CARE
Describe the Organization's Program Activity:
TO PROMOTE A COMPREHENSIVE HEALTH SERVICE SYSTEM, WHICH PROVIDES HIGH QUALITY, COST-EFFECTIVE HEALTH RELATED SERVICES, DELIVERED IN A CARING AND PERSONAL MANNER, EITHER DIRECTLY OR BY ARRANGEMENTS WITH OTHERS, TO MEET THE NEEDS OF THE PEOPLE OF CENTRAL NEW HAMPSHIRE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert P Steigmeyer President & CEO | OfficerTrustee | 1 | $0 |
David Ruedig Chair | OfficerTrustee | 1 | $0 |
William Chapman ESQ Vice Chair & Secretary | OfficerTrustee | 1 | $0 |
Scott Sloane Treasurer | Officer | 1 | $0 |
Teri Brehio MD Trustee | Trustee | 1 | $0 |
Sol Asmar Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $434,909 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $434,909 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $389,124 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $35,542 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,662 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,787 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $466,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $62,574 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,960 |
| Net Land, buildings, and equipment | $1,997,994 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,000 |
| Intangible assets | $0 |
| Other assets | $346,292 |
| Total assets | $2,419,820 |
| Accounts payable and accrued expenses | $52,587 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $615,226 |
| Total liabilities | $667,813 |
| Net assets without donor restrictions | $1,752,007 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,419,820 |
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|---|---|---|
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Harrington Physician Services Inc Southbridge, MA | $5,550,764 | $24,087,781 |
Medical Care Development Incorporated Hallowell, ME | $13,124,569 | $32,391,306 |
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Upstream Usa Inc Boston, MA | $120,584,353 | $35,269,071 |
Bostons Community Medical Group Inc Boston, MA | $39,511,164 | $27,244,634 |
Mass General Brigham Incorporated Boston, MA | $348,073,191 | $73,914,360 |
Springfield Medical Care Systems Inc Springfield, VT | $19,479,475 | $27,227,514 |
Boston Healthnet Corporation Boston, MA | $1,391,448 | $17,183,901 |