The New London Hospital Association Inc

Organization Overview

The New London Hospital Association Inc is located in New London, NH. The organization was established in 1954. 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 06/2021, New London Hospital Association Inc employed 620 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New London Hospital Association Inc 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 06/2020, New London Hospital Association Inc generated $65.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $66.5m during the year ending 06/2020. While expenses have increased by 0.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING SAFE QUALITY CARE FOR EVERY PATIENT, EVERY TIME IN PARTNERSHIP WITH PATIENTS, FAMILY, AND HEALTHCARE PROVIDERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NEW LONDON HOSPITAL ASSOCIATION, INC. (NLHA) IS THE PRINCIPAL PROVIDER OF PRIMARY AND SECONDARY HEALTH CARE FOR 15 TOWNS IN SULLIVAN AND MERRIMACK COUNTIES IN NEW HAMPSHIRE. THE HOSPITAL PROVIDES ACUTE AND PRIMARY HEALTH CARE - FROM EMERGENCY SERVICES TO FAMILY MEDICAL PRACTICE TO SURGICAL CARE AND ESSENTIAL WELLNESS AND PREVENTION SERVICES FOR THE 34,000 RESIDENTS IN ITS SERVICE AREA, A SIGNIFICANT PORTION OF WHOM ARE UNINSURED, UNDER-INSURED, AND/OR DEPENDENT ON MEDICAID/MEDICARE BENEFITS. THIS INCLUDES A LARGELY ELDERLY POPULATION AND A SIGNIFICANT NUMBER OF RURAL, LOW-INCOME FAMILIES. NLHA EMPLOYED 74 PROVIDERS IN 2021, OF WHICH 21 WERE PRIMARY CARE, 3 WERE PEDIATRICS, AND 50 WERE SPECIALTY PROVIDERS COVERING GENERAL SURGERY, ANESTHESIOLOGY, CARDIOLOGY, NEUROLOGY, EMERGENCY MEDICINE, HOSPITALISTS, GYNECOLOGY, OPHTHALMOLOGY, AND RHEUMATOLOGY. DURING FY 21, NLHA HAD A TOTAL OF 1383 PATIENT DISCHARGES CONSISTING OF 5821 PATIENT DAYS AND ATTENDED TO 6480 EMERGENCY ROOM VISITS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Pres/ceo/trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Conifer Revenue Cycle Solutions Llc
Revenue Services
$4,709,776
American Healthcare Staffing Assn Inc
Healthcare Staffing
$1,939,353
Dartmouth-hitchcock Clinic
Physician Staffing
$391,661
Upper Valley Neurology
Physician Staffing
$434,913
Mary Hitchcock Memorial Hospital
Physician Staffing
$1,473,390
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$847,513
Investment income $364,974
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $71,031
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $60,509
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $65,376,393

Grants Recieved

Over the last fiscal year, we have identified 5 grants that The New London Hospital Association Inc has recieved totaling $39,205.

Awarding OrganizationAmount
Brown Foundation Inc

Houston, TX

PURPOSE: TO UNDERWRITE THE PURCHASE OF AN AMBULANCE

$15,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$13,950
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$10,000
Sethness Family Foundation

Chicago, IL

PURPOSE: UNRESTRICTED

$250
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,598,461
Other Expense$5,736
Ending Balance$2,592,725

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