Danbury Hospital is located in Danbury, CT. 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 09/2023, Danbury Hospital employed 3,293 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Danbury 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, Danbury Hospital generated $872.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $847.3m during the year ending 09/2023. While expenses have increased by 3.5% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE HEALTH OF EVERY PERSON IN OUR COMMUNITY THROUGH THE EFFICIENT DELIVERY OF EXCELLENT, INNOVATIVE AND COMPASSIONATE CARE.
Describe the Organization's Program Activity:
DANBURY HOSPITAL IS A 456-BED ACUTE CARE HOSPITAL THAT OFFERS AWARD-WINNING PATIENT CARE. FOR MORE THAN 130 YEARS, THE HOSPITAL HAS DELIVERED MISSION-DRIVEN SERVICES TO THE COMMUNITY. THE HOSPITAL IS COMMITTED TO PROVIDING SAFE, CONVENIENT CARE TO MEET THE PERSONAL HEALTHCARE NEEDS OF THE COMMUNITIES WE SERVE. DANBURY HOSPITAL IS PART OF NUVANCE HEALTH, WHICH IS A SIX-HOSPITAL SYSTEM, ON 7 CAMPUSES, WITH NUMEROUS OUTPATIENT FACILITIES THROUGHOUT THE HUDSON VALLEY AND ACROSS WESTERN CONNECTICUT. THE NUVANCE HEALTH SYSTEM GIVES THE COMMUNITY ACCESS TO A VARIETY OF SERVICES INCLUDING, BUT NOT LIMITED TO, BARIATRIC SURGERY AND MEDICAL WEIGHT LOSS, BLOOD DRAW, CRITICAL CARE, DIABETES EDUCATION, EMERGENCY SERVICES, HEART AND VASCULAR, IMAGING AND RADIOLOGY, INFUSION THERAPY, NEUROLOGY AND NEUROSURGERY, ORTHOPEDIC CARE, PHYSICAL REHABILITATION, PRIMARY CARE, RHEUMATOLOGY, SLEEP DISORDERS, URGENT CARE, WOMEN'S HEALTH, BEHAVIORAL HEALTH, CANCER CARE, DENTISTRY, DIGESTIVE HEALTH, ENDOCRINOLOGY, GENETIC COUNSELING, HOME HEALTH CARE, INFECTIOUS DISEASE, KIDNEY DISEASE AND NEPHROLOGY, OCCUPATIONAL MEDICINE, PATIENT BLOOD MANAGEMENTS AND BLOODLESS MEDICINE, PEDIATRICS, PODIATRY, PULMONARY CARE, SENIOR CARE AND GERIATRIC MEDICINE, SURGICAL SERVICES, UROLOGY, WOUND CARE AND HYPERBARIC MEDICINE. DANBURY HOSPITAL FEATURES ADVANCED TECHNOLOGIES, MAKING US A DESTINATION FOR INNOVATIVE SERVICES. THE HOSPITAL OFFERS BOTH MINIMALLY INVASIVE AND ROBOT-ASSISTED SURGERY AND IS DESIGNATED BY THE SURGICAL REVIEW CORPORATION AS A ROBOTIC CENTER OF EXCELLENCE. DANBURY HOSPITAL HAS THROMBECTOMY-CAPABLE STROKE CENTER CERTIFICATION FROM THE JOINT COMMISSION AND OFFERS HIGHLY ADVANCED CARDIAC AND VASCULAR CARE. OTHER FEATURES INCLUDE A STATE-OF-THE-ART LEVEL III NICU AND COMPASSIONATE PSYCHIATRIC CARE, INCLUDING A PARTIAL-HOSPITALIZATION PROGRAM. DANBURY HOSPITAL IS COMMITTED TO PROVIDING QUALITY SERVICE TO THE COMMUNITY AND HAS BEEN RECOGNIZED BY SEVERAL ORGANIZATIONS FOR THE QUALITY HEALTHCARE THAT IT PROVIDES TO THE REGION. DANBURY HOSPITAL IS JOINT COMMISSION ACCREDITED WITH A GOLD SEAL OF DISTINCTION. THE HOSPITAL HAS RECEIVED ADVANCED CERTIFICATION AND A GOLD SEAL OF DISTINCTION FOR EXCELLENCE IN PALLIATIVE CARE, SPINE, TOTAL HIP AND KNEE REPLACEMENT. THE HOSPITALS BARIATRIC DEPARTMENT RECEIVED MBSAQUIP BARIATRIC CENTER ACCREDITATION. DANBURY HOSPITAL HAS RECEIVED A CENTER FOR RADIATION ONCOLOGY ACCREDITATION, A NUCLEAR MEDICINE CENTER ACCREDITATION AND BREAST IMAGING CENTER OF EXCELLENCE FROM THE AMERICAN COLLEGE OF RADIOLOGY. THE COLLEGE OF SURGEONS HAS AWARDED DANBURY HOSPITAL WITH THE ROBOTIC CENTER OF EXCELLENCE, WHICH WAS THE FIRST IN THE STATE OF CONNECTICUT. IT HAS DESIGNATED AND VERIFIED THE HOSPITAL AS A LEVEL II TRAUMA CENTER AND ACCREDITED US WITH PRAXAIR CANCER CENTER COMMISSION ON CANCER. US NEWS & WORLD REPORT HAS AWARDED DANBURY HOSPITAL AS HIGH PERFORMANCE IN HEART FAILURE TREATMENT, HIGH PERFORMANCE IN HEART ATTACK, COPD TREATMENT AND STROKE TREATMENT. DANBURY HOSPITAL HAS BEEN NAMED AMOUNG THE TOP 5% IN THE NATION FOR GASTROINTESTINAL SURGERY AND SURGICAL CARE. THE HOSPITAL HAS ALSO BE NAMED TOP 10% IN THE NATION FOR CARDIOLOGY SERVICES AND TREATMENT OF STROKE. DANBURY HOSPITAL IS A FIVE-STAR RECIPIENT FOR TREATMENT OF HEART FAILURE FOR THREE YEARS IN A ROW. THE HOSPITAL IS ALSO A FIVE-STAR RECIPIENT FOR TREATMENT OF HEART ATTACK, UPPER GASTROINTESTINAL SURGERIES, COLORECTAL SURGERIES, TREATMENT OF GI BLEED, TREATMENT OF BOWEL OBSTRUCTION, TOTAL KNEE REPLACEMENT, TOTAL HIP REPLACEMENT, TREATMENT OF CHRONIC OBSTRUCTIVE PULMONARY DISEASE, AND TREATMENT OF STROKE OTHER ACCREDITATIONS AND AWARDS INCLUDE BREAST HEALTH PROGRAM ACCREDITATION FROM THE NATIONAL ACCREDITATION PROGRAM FOR BREAST CENTERS, THREE-STAR RATING FOR LUNG CANCER RESECTION OUTCOMES FROM THE SOCIETY OF THORACIC SURGEONS, HIGH PERFORMANCE IN DIABETES TREATMENT FROM U.S. NEWS & WORLD REPORT, AND THE CIRCLE OF LIFE AWARD CELEBRATING INNOVATION IN PALLIATIVE AND END-OF-LIFE CARE FROM THE AMERICAN HOSPITAL ASSOCIATION. IN FY23, DANBURY HOSPITAL HAD 93,679 PATIENT DAYS AND 21,008 DISCHARGES IN ACUTE CARE. THERE WERE 69,895 IN EMERGENCY ROOM VISITS AND 459,056 IN OTHER OUTPATIENT VISITS/PROCEDURES. THE HOSPITAL PROVIDED APPROXIMATELY $31.1M IN CHARITY CARE TO THE REGIONS UN-INSURED AND UNDER-INSURED POPULATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Vice Chairman | OfficerTrustee | 3 | $0 |
Name Not Listed Chairman | OfficerTrustee | 3 | $0 |
Name Not Listed President Danbury Hospital; Eastern Regional President | OfficerTrustee | 34 | $958,117 |
Name Not Listed Director (to 12/31) | Trustee | 2 | $0 |
Name Not Listed Director (to 12/31) | Trustee | 2 | $0 |
Name Not Listed Director (to 12/31)/sys. Chair Primary Care (to 02/24) | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Medical Solutions Llc Medical Staffing | 9/29/23 | $2,233,709 |
Berkeley Research Group Data Analysis/research Services | 9/29/23 | $2,042,185 |
V Michael Simko Legal | 9/29/23 | $561,300 |
Danbury Radiological Associates Image Reading | 9/29/23 | $650,231 |
Associated Neurologists Medical Staffing | 9/29/23 | $528,760 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $6,078,250 |
Government grants | $3,581,365 |
All other contributions, gifts, grants, and similar amounts not included above | $3,177 |
Noncash contributions included in lines 1a–1f | $43,940 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,662,792 |
Total Program Service Revenue | $855,797,273 |
Investment income | $1,479,236 |
Tax Exempt Bond Proceeds | $3,086,578 |
Royalties | $0 |
Net Rental Income | $948,906 |
Net Gain/Loss on Asset Sales | -$1,135,916 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$3,880 |
Miscellaneous Revenue | $0 |
Total Revenue | $872,375,186 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $95,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,041,569 |
Compensation of current officers, directors, key employees. | $119,096 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $269,314,565 |
Pension plan accruals and contributions | $13,014,361 |
Other employee benefits | $40,617,455 |
Payroll taxes | $15,252,459 |
Fees for services: Management | $37,628 |
Fees for services: Legal | $1,108,823 |
Fees for services: Accounting | $2,513,086 |
Fees for services: Lobbying | $190,689 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $104,296 |
Fees for services: Other | $57,023,489 |
Advertising and promotion | $1,238,849 |
Office expenses | $6,249,711 |
Information technology | $16,154,302 |
Royalties | $0 |
Occupancy | $11,417,096 |
Travel | $349,161 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $374,288 |
Interest | $9,373,665 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $47,361,255 |
Insurance | $7,025,571 |
All other expenses | $2,221,335 |
Total functional expenses | $847,323,275 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,457,626 |
Savings and temporary cash investments | $1,068,398 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $77,483,021 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $20,766,247 |
Prepaid expenses and deferred charges | $4,668,995 |
Net Land, buildings, and equipment | $316,505,056 |
Investments—publicly traded securities | $12,044 |
Investments—other securities | $0 |
Investments—program-related | $134,004,055 |
Intangible assets | $0 |
Other assets | $329,925,894 |
Total assets | $900,891,336 |
Accounts payable and accrued expenses | $48,650,583 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $345,534,713 |
Total liabilities | $394,185,296 |
Net assets without donor restrictions | $421,435,108 |
Net assets with donor restrictions | $85,270,932 |
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 | $900,891,336 |