Henry Heywood Memorial Hospital
- Assets
- $100.2m
- Revenue
- $186.6m
- Investments
- $1.1m
- Employees
- 1,331
- Location
- Gardner, MA
- Founding
- 01/1936
- Data as of
- 09/2023
- EIN
- 04-2103581
Organization Overview
Henry Heywood Memorial Hospital, operating under the name Heywood Hospital, is located in Gardner, MA. The organization was established in 1936. 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 09/2023, Heywood Hospital employed 1,331 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heywood 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 09/2023, Heywood Hospital generated $186.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $198.5m during the year ending 09/2023. While expenses have increased by 7.3% per year over the past 8 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, Heywood Hospital has awarded 46 individual grants totaling $1,097,745. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO BE OUR COMMUNITY'S TRUSTED CHOICE FOR EXCEPTIONAL PATIENT CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEYWOOD OFFERS VARIOUS OUTPATIENT SERVICES SUCH AS AN EMERGENCY ROOM, OUTPATIENT ONCOLOGY AND HEMATOLOGY ADVANCED IMAGING, SPECIAL PROCEDURES, REHABILITATION SERVICES AND MANY OTHERS ON AN OUTPATIENT BASIS.HEYWOOD OFFERS INPATIENT SERVICES INCLUDING TELEMETRY, INTENSIVE CARE, MATERNITY, PEDIATRICS, GERIATRIC AND ADULT INPATIENT CARE AND INPATIENT ADULT MENTAL HEALTH.HEYWOOD HAS ELEVEN SPECIALTY AND ONE PRIMARY CARE, PROVIDER BASED PRACTICES. THE PRIMARY CARE PRACTICE FOCUSES ON PEDIATRICS AND FAMILY PRACTICE, AND THE SPECIALTY CARE PRACTICES FOCUS ON THE AREAS OF CARDIOLOGY, ENDOCRINOLOGY, GASTROENTEROLOGY, GYNECOLOGY/OBSTETRICS, ORTHOPEDICS, PULMONOLOGY, UROLOGY AND GENERAL SURGERY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Chauvin Chairman | OfficerTrustee | 0.2 | $0 |
Roy Lake Vice Chairman | OfficerTrustee | 0.2 | $0 |
Albert Rose 2nd Vice Chairman | OfficerTrustee | 0.2 | $0 |
Cheney Castine Treasurer | OfficerTrustee | 0.2 | $0 |
Joanne Parks Clerk | OfficerTrustee | 0.2 | $0 |
Joyce Fletcher Trustee | Trustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quartulli & Associates Inc Physical Therapy | 9/29/23 | $3,175,939 |
Medefis Inc Management Services | 9/29/23 | $1,570,189 |
Alliance Healthcare Services Radiology/oncology Services | 9/29/23 | $1,522,290 |
Spine And Pain Care Center Medical Services | 9/29/23 | $1,313,949 |
Lab Corp Inc Diagnostic Laboratory Testing | 9/29/23 | $770,429 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,000 |
| Related organizations | $0 |
| Government grants | $1,464,690 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,007,290 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,477,980 |
| Total Program Service Revenue | $183,831,474 |
| Investment income | $177,462 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $49,780 |
| Net Gain/Loss on Asset Sales | $39,601 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $186,576,297 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,138 |
| 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. | $1,646,899 |
| Compensation of current officers, directors, key employees. | $1,336,688 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $66,272,889 |
| Pension plan accruals and contributions | $1,321,396 |
| Other employee benefits | $8,208,738 |
| Payroll taxes | $4,775,675 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,513,416 |
| Fees for services: Accounting | $1,837,717 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,904 |
| Fees for services: Other | $67,858,613 |
| Advertising and promotion | $63,624 |
| Office expenses | $2,100,320 |
| Information technology | $31,511 |
| Royalties | $0 |
| Occupancy | $5,295,122 |
| Travel | $112,325 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $93,211 |
| Interest | $695,189 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,518,564 |
| Insurance | $1,231,899 |
| All other expenses | $308,250 |
| Total functional expenses | $198,472,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,928 |
| Savings and temporary cash investments | $7,380,349 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $18,590,108 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,864,766 |
| Prepaid expenses and deferred charges | $901,728 |
| Net Land, buildings, and equipment | $56,915,433 |
| Investments—publicly traded securities | $7,086,181 |
| Investments—other securities | $1,142,451 |
| Investments—program-related | $0 |
| Intangible assets | $4,009,748 |
| Other assets | $2,190,153 |
| Total assets | $100,238,845 |
| Accounts payable and accrued expenses | $43,463,388 |
| Grants payable | $0 |
| Deferred revenue | $1,445,165 |
| Tax-exempt bond liabilities | $54,040,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,772,524 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,450,157 |
| Total liabilities | $111,171,234 |
| Net assets without donor restrictions | -$16,233,318 |
| Net assets with donor restrictions | $5,300,929 |
| 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 | $100,238,845 |
Grants Awarded
Over the last fiscal year, Henry Heywood Memorial Hospital has awarded $38,923 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GROWING PLACES GARDEN PROJECT PURPOSE: Increase access to and knowledge about healthy food and disease | $11,849 |
THREE PYRAMIDS PURPOSE: Pilot financial empowerment/asset building program for residents in Gardner. | $6,424 |
BOYS & GIRLS CLUB OF FITCHBURG PURPOSE: To support general operations | $10,650 |
THE SHINE INITIATIVE PURPOSE: Radiant Sponsor May 2022 | $10,000 |