Monadnock Community Hospital is located in Peterborough, NH. The organization was established in 1946. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Monadnock Community Hospital employed 681 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Monadnock Community Hospital 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, Monadnock Community Hospital generated $101.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $90.8m during the year ending 09/2021. While expenses have increased by 1.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CRITICAL ACCESS HOSPITAL SERVING THE MONADNOCK REGION OF THE STATE OF NEW HAMPSHIRE
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PURPOSE OF MONADNOCK COMMUNITY HOSPITAL (MCH) IS TO ENSURE ACCESS TO QUALITY HEALTH CARE FOR PATIENTS IN OUR COMMUNITY, REGARDLESS OF THEIR ABILITY TO PAY. THE FOLLOWING IS A SUMMARY OF THE SERVICES MCH PROVIDES IN AN EFFORT TO FULFILL ITS MISSION, TOGETHER WITH KEY PROGRAM STATISTICS FOR FISCAL YEAR 2021.INPATIENT SERVICES - INCLUDES: ADULT STAYS, MATERNITY/BIRTHS, AND SWING BED NURSING. DURING THE FISCAL YEAR, THE HOSPITAL ADMITTED 1,042 PATIENTS AND RECORDED 3,376 PATIENT DAYS. EMERGENCY SERVICES - MCH OFFERS HEALTH SERVICES 24 HOURS PER DAY, 7 DAYS PER WEEK. RESPONSIBLE FOR THE IMMEDIATE TREATMENT OF ANY MEDICAL OR SURGICAL EMERGENCY; FOR INITIATING LIFE SAVING PROCEDURES IN ALL TYPES OF EMERGENCY SITUATIONS; AND FOR PROVIDING EMERGENCY AND INITIAL EVALUATIONS AND TREATMENT FOR OTHER CONDITIONS INCLUDING MINOR ILLNESSES AND INJURIES, AND SUB-ACUTE MEDICAL PROBLEMS. DURING THE YEAR, THERE WERE 12,550 VISITS TO THE ER. PHYSICIAN PRACTICES - FAMILY HEALTH SERVICES, PROGRAMS, AND EDUCATION ARE INTEGRAL COMPONENTS OF HEALTHCARE AT MCH. INPATIENT AND OUTPATIENT PRIMARY CARE INCLUDES: MEDICAL, SURGICAL, PSYCHOLOGICAL AND SPECIALIST SERVICES, PROVIDED BY PHYSICIANS AND MID-LEVEL PRACTITIONERS. THESE ARE LOCATED AT THE HOSPITAL AND ITS FOUR SATELLITE PRACTICES LOCATED IN ANTRIM, JAFFREY, NEW IPSWICH, AND RINDGE. DURING THE YEAR, 55,495 PRIMARY CARE OFFICE VISITS WERE RECORDED. SURGICAL SERVICES - INCLUDES SAME DAY AND SHORT-TERM INPATIENT SURGERY. MCH PROVIDES SURGERY IN THE AREAS OF ORTHOPAEDICS, GENERAL SURGERY, OB/GYN, OPHTHALMOLOGY, UROLOGY, ENT, AND PODIATRY. IN ADDITION, THE HOSPITAL OFFERS SOME NON-SURGICAL PROCEDURES INCLUDING COLONOSCOPIES, GASTROSCOPIES, AND PAIN MANAGEMENT INJECTIONS. DURING THE FISCAL YEAR, 2,020 PROCEDURES WERE PERFORMED. RADIOLOGY AND DIAGNOSTICS - MCH PROVIDES ADVANCED RADIOLOGICAL TECHNOLOGY AND EXTENSIVE IMAGING SERVICES INCLUDING: BONE DENSITY, MRI, CT, NUCLEAR MEDICINE, ULTRASOUND, MAMMOGRAPHY, AND OTHER DIAGNOSTIC PROCEDURES, BOTH INPATIENT AND OUTPATIENT. DURING THE FISCAL YEAR, 29,363 EXAMS WERE PERFORMED. REHABILITATION SERVICES - ADDITIONALLY, MCH SERVES THE PEOPLE OF THE MONADNOCK REGION THROUGH ITS MEDICAL REHABILITATION AND FITNESS SERVICES. MCH OFFERS REHABILITATION PROGRAMS FOR CARDIAC AND DIABETIC REHABILITATION, ALONG WITH PULMONARY FITNESS, WHICH FEATURE EDUCATIONAL AND EXERCISE COMPONENTS. WE ALSO PROVIDE PHYSICAL AND OCCUPATIONAL THERAPY, AS WELL AS SPEECH REHABILITATION. DURING THE FISCAL YEAR 60,320 PROCEDURES WERE RECORDED FOR THESE SERVICES. WELLNESS SERVICES - COMMUNITY MEMBERS WANTING TO IMPROVE AND MAINTAIN THEIR HEALTH HAVE ACCESS TO AN AWARD-WINNING, MEDICALLY-BASED FITNESS FACILITY. DUE TO THE COVID-19 PANDEMIC, THE BOND WELLNESS CENTER WAS CLOSED TO MEMBERS IN MID-MARCH OF 2020 AND HAS NOT REOPENED. MONADNOCK COMMUNITY HOSPITAL'S FINANCIAL GRANT PROGRAM PROVIDES ASSISTANCE WITH HOSPITAL AND/OR PHYSICIAN BILLS FOR QUALIFYING PATIENTS. IN FISCAL YEAR 2021, THE ORGANIZATION RECORDED $1,021,000 IN CHARGES FOREGONE BASED ON ESTABLISHED RATES. THE ESTIMATED COST INCURRED TO PROVIDE THESE SERVICES WAS $522,977. IN ADDITION, MONADNOCK COMMUNITY HOSPITAL PROVIDED OTHER SERVICES TO THE COMMUNITY AT NO COST OR REDUCED COST, SUCH AS SCREENINGS AND CLINICS. THE COST OF PROVIDING THESE SERVICES WAS APPROXIMATELY $4,001,000 IN 2021.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William White MD Physician | 27.9 | $530,963 | |
Terrence Mcnamara DO Physician | 41.5 | $462,016 | |
Shawn Harrington MD Ex-Officio (voting) (end 1/21) | Trustee | 41.5 | $457,997 |
Ronald Michalak MD Physician | 41.5 | $457,674 | |
Cynthia Mcguire Chief Executive Officer | OfficerTrustee | 55 | $390,526 |
Michael Lindberg MD Physician | 38.9 | $352,417 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Catholic Medical Center Contract Physician And Lab Services | 9/29/21 | $2,966,086 |
Monadnock Region Emergency Physicians Pl Contract Emergency Physician Group | 9/29/21 | $2,634,567 |
Monadnock Anesthesia Association Contract Anesthesia Group | 9/29/21 | $1,471,992 |
Hutter Construction Corporation General Contractor | 9/29/21 | $1,062,011 |
Blue Oak Wellness Strategies Llc Contract Fitness Group | 9/29/21 | $848,291 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $51,327 |
Related organizations | $0 |
Government grants | $4,252,230 |
All other contributions, gifts, grants, and similar amounts not included above | $1,921,239 |
Noncash contributions included in lines 1a–1f | $71,379 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,224,796 |
Total Program Service Revenue | $92,604,688 |
Investment income | $2,166,521 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $126,734 |
Net Income from Fundraising Events | $5,097 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $101,127,836 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $23,000 |
Grants and other assistance to domestic individuals. | $34,154 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,003,621 |
Compensation of current officers, directors, key employees. | $680,878 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $32,997,992 |
Pension plan accruals and contributions | $205,162 |
Other employee benefits | $4,653,218 |
Payroll taxes | $2,067,570 |
Fees for services: Management | $0 |
Fees for services: Legal | $181,690 |
Fees for services: Accounting | $66,518 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $65,556 |
Fees for services: Other | $7,374,865 |
Advertising and promotion | $77,023 |
Office expenses | $2,284,937 |
Information technology | $1,343,408 |
Royalties | $0 |
Occupancy | $2,513,689 |
Travel | $10,164 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $74,640 |
Interest | $958,169 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,266,537 |
Insurance | $700,949 |
All other expenses | $852,904 |
Total functional expenses | $90,782,480 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,010 |
Savings and temporary cash investments | $32,553,314 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,642,463 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $480,168 |
Inventories for sale or use | $1,456,783 |
Prepaid expenses and deferred charges | $984,702 |
Net Land, buildings, and equipment | $36,180,081 |
Investments—publicly traded securities | $91,432,074 |
Investments—other securities | $6,220,933 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $912,564 |
Total assets | $175,868,092 |
Accounts payable and accrued expenses | $10,541,727 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $22,595,944 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $216,198 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $29,793,465 |
Total liabilities | $63,147,334 |
Net assets without donor restrictions | $95,668,147 |
Net assets with donor restrictions | $17,052,611 |
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 | $175,868,092 |
Over the last fiscal year, Monadnock Community Hospital has awarded $23,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Peterborough, NH PURPOSE: For the benefit of the Peterborough Ambulance | $15,000 |
Peterborough, NH PURPOSE: Support no-fee transportation to those in need in the Monadnock Region | $8,000 |
Over the last fiscal year, we have identified 7 grants that Monadnock Community Hospital has recieved totaling $75,991.
Awarding Organization | Amount |
---|---|
New Hampshire Charitable Foundation Concord, NH PURPOSE: For designated dist., general/annual support | $32,786 |
Grimshaw Gudewicz Charitable Foundation Fall River, MA PURPOSE: OPERATING | $18,000 |
Dixie Wonders Irrv Tr Johnston, RI PURPOSE: UNRESTRICTED GIFT | $10,193 |
The Wapack Foundation C/O Nichols And Pratt Boston, MA PURPOSE: GENERAL OPERATIONS | $5,000 |
Julian G Lange Family Foundation Ii Kilmarnock, VA PURPOSE: CHARITABLE | $5,000 |
Eppes Jefferson Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Beg. Balance | $14,658,179 |
Earnings | $2,714,995 |
Net Contributions | $320,443 |
Other Expense | $641,006 |
Ending Balance | $17,052,611 |
Organization Name | Assets | Revenue |
---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
South Shore Hospital Inc South Weymouth, MA | $826,172,591 | $754,117,212 |
Concord Hospital Inc Concord, NH | $790,822,441 | $622,809,517 |
Berkshire Medical Center Inc Pittsfield, MA | $782,927,301 | $631,822,397 |
Elliot Hospital Of The City Of Manchester Manchester, NH | $676,110,969 | $594,778,887 |
The Lowell General Hospital Lowell, MA | $603,322,132 | $492,829,849 |
Catholic Medical Center Manchester, NH | $518,751,919 | $548,724,237 |
Central Maine Medical Center Lewiston, ME | $261,602,490 | $415,757,957 |
Northeast Hospital Corporation Beverly, MA | $567,670,947 | $423,580,610 |
Lawrence General Hospital Lawrence, MA | $303,928,617 | $317,528,046 |
Mount Auburn Hospital Cambridge, MA | $474,641,703 | $335,853,854 |
Beth Israel Deaconess Hospital Plymouth Inc Plymouth, MA | $277,727,725 | $326,450,777 |