Elliot Hospital Of The City Of Manchester
- Assets
- $676.1m
- Revenue
- $594.8m
- Investments
- $93.0m
- Employees
- 3,692
- Location
- Manchester, NH
- Founding
- 08/1942
- Data as of
- 06/2021
- EIN
- 02-0232673
Organization Overview
Elliot Hospital Of The City Of Manchester is located in Manchester, NH. The organization was established in 1942. 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 06/2022, Elliot Hospital Of The City Of Manchester employed 3,692 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elliot Hospital Of The City Of Manchester 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 06/2021, Elliot Hospital Of The City Of Manchester generated $594.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $486.8m during the year ending 06/2021. While expenses have increased by 3.4% per year over the past 7 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.
Since 2015, Elliot Hospital Of The City Of Manchester has awarded 25 individual grants totaling $7,272,353. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOSPITAL SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL SERVICES PROVIDED TO 14,568 INPATIENTS AND 578,392 OUTPATIENTS INCLUDING FREE CARE IN THE AMOUNT OF $7,974,629 (AT COST) AND CONTRIBUTIONS TO COMMUNITY PROGRAMS.
CONTRIBUTIONS TO EMPLOYEE ASSISTANCE AND RELIEF PROGRAMS, AS WELL AS TO COMMUNITY ORGANIZATIONS INCLUDING AMOSKEAG HEALTH (FORMERLY MANCHESTER COMMUNITY HEALTH CENTER); CITY OF MANCHESTER, NH; EASTER SEALS NEW HAMPSHIRE; AND FOUNDATION FOR HEALTHY COMMUNITIES IN MANCHESTER, NEW HAMPSHIRE.
COMMUNITY BENEFITS INCLUDING EDUCATIONAL PROGRAMS, HEALTH SCREENINGS, HEALTH PUBLICATIONS AND OTHER HEALTH INFORMATION SERVICES, AND CASH AND IN-KIND CONTRIBUTIONS TO COMMUNITY AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Sailhamer Soukup MD Trustee (end 1/2022) | Trustee | 2 | $0 |
Marina Feldman MD Trustee | Trustee | 2 | $0 |
William G Baxter President & CEO | OfficerTrustee | 42 | $1,048,277 |
Stephen Loosigian DO Trustee (end 1/2022) | Trustee | 2 | $0 |
Matt Dayno MD Trustee (end 1/2022) | Trustee | 2 | $0 |
Sherry Hausmann Pres/ceo, Solutionhealth (end 10/21) | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Nh Oncology-hematology Pa Physician Services | 6/29/22 | $4,165,970 |
Nh Neurospine Institute Diagnosis And Treatment Services | 6/29/22 | $521,756 |
Amoskeag Anesthesia Pllc Medical Services | 6/29/22 | $1,426,850 |
Chris Nelson Contracting Construction Services | 6/29/22 | $451,851 |
Orchestrate Healthcare Consulting Healthcare It And Consulting | 6/29/22 | $403,095 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,445,481 |
| Investment income | $6,520,342 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $5,262,785 |
| Net Gain/Loss on Asset Sales | $23,589,348 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $594,778,887 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $38,793 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,548,249 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $180,681,477 |
| Pension plan accruals and contributions | $6,041,537 |
| Other employee benefits | $36,180,795 |
| Payroll taxes | $10,632,279 |
| Fees for services: Management | $25,371,349 |
| Fees for services: Legal | $119,712 |
| Fees for services: Accounting | $140,592 |
| Fees for services: Lobbying | $40,253 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $902,603 |
| Fees for services: Other | $25,087,145 |
| Advertising and promotion | $430,962 |
| Office expenses | $6,797,421 |
| Information technology | $3,645,844 |
| Royalties | $0 |
| Occupancy | $12,976,487 |
| Travel | $265,975 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $233,940 |
| Interest | $6,271,971 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,341,035 |
| Insurance | $1,821,905 |
| All other expenses | $0 |
| Total functional expenses | $486,772,113 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,091,060 |
| Savings and temporary cash investments | $9,797,387 |
| Pledges and grants receivable | $333,805 |
| Accounts receivable, net | $38,172,392 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $809,087 |
| Inventories for sale or use | $5,625,234 |
| Prepaid expenses and deferred charges | $3,265,683 |
| Investments—publicly traded securities | $151,182,603 |
| Investments—other securities | $92,958,105 |
| Investments—program-related | $784,521 |
| Intangible assets | $23,833 |
| Other assets | $49,957,639 |
| Total assets | $676,110,969 |
| Accounts payable and accrued expenses | $48,327,649 |
| Grants payable | $10,142 |
| Deferred revenue | $236,247 |
| Tax-exempt bond liabilities | $165,923,068 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,441,432 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $172,626,157 |
| Total liabilities | $388,564,695 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $287,546,274 |
Grants Awarded
Over the last fiscal year, Elliot Hospital Of The City Of Manchester has awarded $1,220,754 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
AMOSKEAG HEALTH PURPOSE: Community benefit grant for health worker services in school districts | $420,000 |
EASTER SEALS NEW HAMPSHIRE PURPOSE: Support Veterans Count program | $48,843 |
FOUNDATION FOR HEALTHY COMMUNITIES PURPOSE: Healthcare services and support, and general operations | $694,861 |
FRESH START FOOD HUB PURPOSE: For Boys & Girls Club Farm Share | $28,000 |
GREATER MANCHESTER CHAMBER OF COMMERCE PURPOSE: Influencer Level membership to the Chamber of Commerce | $9,050 |
QC BIKE COLLECTIVE PURPOSE: Earn-a-Bike funding for programs at elementary schools | $20,000 |