Henry Heywood Memorial Hospital
- Assets
- $148.0m
- Revenue
- $151.4m
- Investments
- $1.8m
- Employees
- 1,296
- Location
- Gardner, MA
- Founding
- 01/1936
- Data as of
- 09/2021
- 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 09/2021, Heywood Hospital employed 1,296 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 09/2021, Heywood Hospital generated $151.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $150.9m during the year ending 09/2021. While expenses have increased by 5.0% 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.
Since 2015, Heywood Hospital has awarded 42 individual grants totaling $1,058,822. 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
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Winfield Brown President/ceo | OfficerTrustee | 40.2 | $911,680 |
Andrew Cocchiarella Trustee/director Of Anesthesia Srv | Trustee | 50.2 | $884,650 |
Ellen Ray Chief Of Er Medicine | 40 | $636,579 | |
Daniel Wilson Er Physician | 30 | $612,283 | |
Kelly Robinson Er Physician | 39 | $537,634 | |
Saleem Khanani Oncology Physician | 36 | $512,789 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Quartulli & Associates Inc Physical Therapy | 9/29/21 | $3,026,063 |
Spine And Pain Care Center Physician Services | 9/29/21 | $1,071,301 |
Hospital Medicine Solutions Consulting Services | 9/29/21 | $1,042,744 |
Lab Corp Inc Diagnostic Laboratory Testing | 9/29/21 | $2,745,584 |
Alliance Healthcare Services Mri Services | 9/29/21 | $1,639,665 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $137,050 |
| Related organizations | $90,181 |
| Government grants | $1,035,121 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,639,397 |
| Noncash contributions included in lines 1a–1f | $90,181 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,901,749 |
| Total Program Service Revenue | $143,266,622 |
| Investment income | $584,140 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $66,415 |
| Net Gain/Loss on Asset Sales | $1,571,725 |
| Net Income from Fundraising Events | $18,019 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $151,408,670 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $204,209 |
| 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. | $2,366,254 |
| Compensation of current officers, directors, key employees. | $1,453,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $61,686,696 |
| Pension plan accruals and contributions | $1,262,283 |
| Other employee benefits | $7,247,336 |
| Payroll taxes | $4,541,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $365,721 |
| Fees for services: Accounting | $129,913 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $51,333 |
| Fees for services: Investment Management | $6,919 |
| Fees for services: Other | $32,202,563 |
| Advertising and promotion | $187,150 |
| Office expenses | $3,193,630 |
| Information technology | $32,802 |
| Royalties | $0 |
| Occupancy | $5,027,202 |
| Travel | $23,440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $131,732 |
| Interest | $1,892,870 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,281,672 |
| Insurance | $642,323 |
| All other expenses | -$537,394 |
| Total functional expenses | $150,916,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,310 |
| Savings and temporary cash investments | $8,276,874 |
| Pledges and grants receivable | $115,425 |
| Accounts receivable, net | $33,093,058 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,312,711 |
| Prepaid expenses and deferred charges | $1,283,956 |
| Net Land, buildings, and equipment | $58,876,028 |
| Investments—publicly traded securities | $32,388,770 |
| Investments—other securities | $1,756,525 |
| Investments—program-related | $0 |
| Intangible assets | $448,899 |
| Other assets | $9,264,395 |
| Total assets | $147,988,951 |
| Accounts payable and accrued expenses | $25,518,378 |
| Grants payable | $0 |
| Deferred revenue | $235,204 |
| Tax-exempt bond liabilities | $48,565,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,437,357 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $23,261,386 |
| Total liabilities | $102,017,325 |
| Net assets without donor restrictions | $40,745,676 |
| Net assets with donor restrictions | $5,225,950 |
| 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 | $147,988,951 |
Grants Awarded
Over the last fiscal year, Henry Heywood Memorial Hospital has awarded $132,892 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Gardner, MA PURPOSE: Peer recovery for individuals with disabilities and substance use disorders | $21,279 |
Waltham, MA PURPOSE: The partnership will improve health and wellbeing in the town of Winchendon, MA, through economic empowerment, focusing on building social, financial, and community assets. | $16,200 |
Gardner, MA PURPOSE: For kids living in poverty, thosewho have witnessed or been victims of violence, or taunted by peers, HOPE offers a safe haven to begin working on their futures. | $10,000 |
Leominster, MA PURPOSE: Programs include information and referral, ESL and civics classes, peer leadership training, food security assistance via meals to homeless and community food pantry, elderly outreach, battered women and children counseling, and homelessness referral. | $10,000 |
MONTACHUSETT RECOVERY FOUNDATION PURPOSE: Provides safe, compassionate and judgement-free holistic recovery supports and services | $10,000 |
Fitchburg, MA PURPOSE: Providing connections to healthcare for low income, underinsured, uninsured, publicly housed, and homeless populations | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Henry Heywood Memorial Hospital has recieved totaling $55,177.
| Awarding Organization | Amount |
|---|---|
Fallon Community Health Plan Inc Worcester, MA PURPOSE: GENERAL SUPPORT | $30,000 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $25,177 |
Endowment Analysis
| Beg. Balance | $26,855,843 |
| Earnings | $2,267,060 |
| Net Contributions | $5,968 |
| Other Expense | $79,035 |
| Ending Balance | $29,049,836 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lahey Clinic Hospital Inc Burlington, MA | $439,333,881 | $1,036,261,688 |
Newyork-Presbyterian-Queens Flushing, NY | $898,800,022 | $913,594,490 |
New York-Presbyterian Brooklyn Methodist Brooklyn, NY | $1,733,884,296 | $932,635,722 |
Saint Francis Hospital And Medical Center Hartford, CT | $1,654,893,576 | $997,837,414 |
St Francis Hospital Roslyn, NY | $1,505,143,319 | $834,224,682 |
Bronxcare Health System Bronx, NY | $743,333,524 | $835,076,495 |
United Health Services Hospitals Inc Binghamton, NY | $821,708,896 | $773,726,450 |
Good Samaritan Hosptial Medical Center West Islip, NY | $1,039,152,790 | $802,832,775 |
South Shore Hospital Inc South Weymouth, MA | $826,172,591 | $754,117,212 |
Bridgeport Hospital Bridgeport, CT | $853,709,766 | $729,975,555 |
White Plains Hospital Medical Center White Plains, NY | $1,287,581,438 | $833,931,324 |
Danbury Hospital Danbury, CT | $968,428,982 | $798,413,805 |