Hospital For Special Care is located in New Britain, CT. The organization was established in 1944. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, under the broad grouping of Health Care and related organizations. As of 03/2024, Hospital For Special Care employed 1,457 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hospital For Special Care 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 03/2024, Hospital For Special Care generated $136.0m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $131.2m during the year ending 03/2024. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
HOSPITAL FOR SPECIAL CARE IS A 236-BED REHABILITATION AND CHRONIC DISEASE HOSPITAL, SERVING PATIENTS IN THESE PRIMARY AREAS: INPATIENT AND OUTPATIENT REHABILITATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INPATIENT CARE: REHABILITATION SERVICES INCLUDE PROGRAMS FOR THOSE RECOVERING FROM A LIFE-THREATENING CONDITION, DEBILITATING INJURY OR SUFFERING FROM ACUTE CHRONIC ILLNESS. HFSC PROVIDES INTERDISCIPLINARY CARE FOR PATIENTS WITH AMPUTATIONS, NEUROLOGICAL CONDITIONS, ORTHOPEDIC DIAGNOSES, MUSCULOSKELETAL DIAGNOSES, MULTIPLE TRAUMA, AND COMPLICATIONS FROM PROLONGED HOSPITALIZATIONS. COMPLEX MEDICAL AND REHABILITATION CARE PROVIDE A WIDE RANGE OF SERVICES DESIGNED TO MAXIMIZE THE OUTCOMES OF PATIENTS WHO NO LONGER NEED INVASIVE OR ACUTE DIAGNOSTIC PROCEDURES, BUT WHO CONTINUE TO REQUIRE 24-HOUR NURSING AND MEDICAL CARE AND/OR MONITORING. WE ALSO PROVIDE COMPREHENSIVE CARE FOR INDIVIDUALS WHO REQUIRE COMPLEX WOUND MANAGEMENT. HFSC TREATS ALL LEVELS OF SPINAL CORD DYSFUNCTION THROUGH ITS CONTINUUM OF CARE AND INTERDISCIPLINARY THERAPIES TO PAIN MANAGEMENT AND COMMUNITY RE-ENTRY. A COMPREHENSIVE TREATMENT PLAN IS TAILORED TO EACH INDIVIDUAL BY A DEDICATED REHABILITATION TEAM LED BY THE MEDICAL DIRECTOR. THE ACQUIRED BRAIN INJURY (ABI) PROGRAM TREATS INDIVIDUALS WITH TRAUMATIC BRAIN INJURIES (I.E., ANEURYSM, ANOXIA, TUMORS) WITH THE GOAL TO MAXIMIZE PATIENTS FUNCTIONAL STATUS, INDEPENDENCE, PSYCHOSOCIAL ADJUSTMENT AND VOCATIONAL AND LEISURE SKILLS, INCLUDING COMMUNITY REINTEGRATION. THE NEUROBEHAVIORAL PROGRAM (NBP) IS A LONG-TERM, 25 BED INPATIENT REHABILITATION PROGRAM THAT SPECIALIZES IN THE TREATMENT OF INDIVIDUALS WHO HAVE SUSTAINED AN ACQUIRED BRAIN INJURY AND HAVE BEEN UNSUCCESSFUL LIVING IN THE COMMUNITY OR IN OTHER FACILITIES. THE PURPOSE OF THE NBP IS TO ASSIST THESE INDIVIDUALS IN MANAGING THEIR INDEPENDENCE AND TO IMPROVE THEIR OVERALL QUALITY OF LIFE. HFSC'S CARDIAC MEDICAL UNIT CONSISTS OF TREATMENT, THERAPY AND EDUCATION FOR PATIENTS WHO ARE STRIVING TO REGAIN, OR MAINTAIN THEIR FUNCTIONAL ABILITY WHILE DEALING WITH THE COMPLICATIONS FROM HEART FAILURE (30,126 PATIENT DAYS).
INPATIENT CARE: RESPIRATORY SERVICES INCLUDE CARING FOR PEOPLE WHO HAVE MADE CONSCIOUS DECISIONS TO LIVE ON LIFE SUPPORT. THESE PATIENTS REQUIRE SIGNIFICANT MEDICAL ATTENTION ALONG WITH SERVICES TO ENHANCE QUALITY OF LIFE. OUR GOAL IS TO LIBERATE PATIENTS FROM VENTILATOR DEPENDENCY SO THAT THEY CAN RESUME THEIR LIVES. THE HOSPITAL FOR SPECIAL CARE IS RECOGNIZED FOR HAVING THE HIGHEST VENTILATOR-WEANING RATE IN CONNECTICUT AND CONSISTENTLY EXCEEDS THE NATIONAL AVERAGE. SERVICES FOR THE CLINICAL MANAGEMENT OF PATIENTS WITH SERIOUS RESPIRATORY CONDITIONS ARE PROVIDED ON THREE DISTINCT UNITS. HSC'S 36-BED LAURIE COLEMAN PUGLISI RESPIRATORY CARE UNIT AND THE 38-BED RESPIRATORY STEP-DOWN UNIT PROVIDE CARE FOR PATIENTS WITH MULTI-SYSTEM PROBLEMS AND VENTILATOR ASSISTANCE (27,183 PATIENT DAYS).
THE MAXIMILIAN E. & MARION O. HOFFMAN FOUNDATION OUTPATIENT CENTER IS DESIGNED TO MEET THE NEEDS OF PATIENTS THAT REQUIRE ASSISTANCE BUT DO NOT REQUIRE HOSPITALIZATION. WHETHER FROM ILLNESS, SURGERY OR INJURY, THERAPY MAY BE NEEDED TO IMPROVE MUSCLE STRENGTH, COORDINATION AND MOBILITY. THE CENTER OFFERS A COMPREHENSIVE TEAM APPROACH PROVIDED BY OUR HIGHLY-SKILLED PHYSICAL AND OCCUPATIONAL THERAPISTS, AND SPEECH-LANGUAGE PATHOLOGISTS. OUTPATIENT PROGRAMS INCLUDE AQUATIC THERAPY, AUTISM SERVICES, BODY WEIGHT SUPPORT ELLIPTICAL TRAINER, CONCUSSION MANAGEMENT, PHYSICAL THERAPY, PSYCHOLOGY AND NEUROPSYCHOLOGY SERVICES, OCCUPATIONAL THERAPY, ORTHOTICS PROGRAM, PULMONARY REHAB, SPEECH THERAPY, SWALLOWING DISORDERS CENTER, NEUROMUSCULAR CLINIC INCLUDING PARKINSON'S CLINIC (54,040 VISITS)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Felicia Dedominicis Fmr SVP Legal | 38.9 | $1,170,912 | |
Lynn Ricci Fache President & CEO | Officer | 35.9 | $881,639 |
William Pesce DO Do, Cmo | Officer | 40 | $550,671 |
Laurie Rudman Senior Vp, CFO | Officer | 37.8 | $397,051 |
Marcy Goldstein MD Chief, Internal Me | 40 | $350,006 | |
Nathan Nartey Internist | 40 | $333,260 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hassan Minhas Psychiatric Physician | 3/30/24 | $296,649 |
Onestaff Medical Travelling Nurses | 3/30/24 | $574,738 |
Usrn Temp Nurse Staffing | 3/30/24 | $664,670 |
Soliant Health Llc Temp Medical Staffing | 3/30/24 | $573,345 |
New England Psychiatric Associates Psychiatric Services | 3/30/24 | $495,024 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $570,745 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $686,068 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,256,813 |
Total Program Service Revenue | $129,277,093 |
Investment income | $3,490,516 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $59,776 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $136,018,536 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $4,459,844 |
Compensation of current officers, directors, key employees. | $4,459,844 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $72,350,037 |
Pension plan accruals and contributions | $1,050,148 |
Other employee benefits | $11,800,765 |
Payroll taxes | $5,594,259 |
Fees for services: Management | $0 |
Fees for services: Legal | $273,124 |
Fees for services: Accounting | $297,050 |
Fees for services: Lobbying | $68,960 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,511,080 |
Advertising and promotion | $731,566 |
Office expenses | $11,584,536 |
Information technology | $133,419 |
Royalties | $0 |
Occupancy | $2,427,883 |
Travel | $49,459 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $82,487 |
Interest | $989,933 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $6,247,976 |
Insurance | $1,039,616 |
All other expenses | $0 |
Total functional expenses | $131,238,751 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,286,918 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,880,482 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $573,035 |
Prepaid expenses and deferred charges | $1,889,937 |
Net Land, buildings, and equipment | $49,050,422 |
Investments—publicly traded securities | $80,185,050 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,317,356 |
Total assets | $181,183,200 |
Accounts payable and accrued expenses | $17,172,046 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $31,789,431 |
Escrow or custodial account liability | $1,861,783 |
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 | $2,791,954 |
Total liabilities | $53,615,214 |
Net assets without donor restrictions | $123,991,811 |
Net assets with donor restrictions | $3,576,175 |
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 | $181,183,200 |