Norwalk Hospital Association is located in Norwalk, CT. The organization was established in 1943. 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, Norwalk Hospital Association employed 1,845 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norwalk Hospital Association 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, Norwalk Hospital Association generated $402.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $400.9m during the year ending 09/2021. While expenses have increased by 0.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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:
Part 3 - Line 4a
NORWALK HOSPITAL IS A 366-BED HOSPITAL THAT CARES FOR PATIENTS, THEIR LOVED ONES AND RESIDENTS IN FAIRFIELD COUNTY, CONNECTICUT, AND THE SURROUNDING NEW YORK METROPOLITAN AREA. NORWALK 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. NORWALK HOSPITAL IS AN ACUTE CARE, ACADEMIC HOSPITAL THAT PROVIDES PATIENTS WITH THE LATEST IN MEDICAL, SURGICAL AND WELLNESS SERVICES. NORWALK HOSPITAL PROVIDES SERVICES TO THE COMMUNITY THROUGH OUR LEVEL II TRAUMA CENTER, THROMBECTOMY-CAPABLE STROKE CENTER AND JOINT REPLACEMENT CENTER OF EXCELLENCE TO ADVANCED CANCER, HEART, AND NEUROSCIENCES CARE. OUR TEAMS INCLUDE TOP MEDICAL AND SURGICAL TALENT, AND WE INVEST IN TECHNOLOGY AND COLLABORATE WITH LEADING DOCTORS AND SCIENTISTS TO BRING TOP-NOTCH SERVICES TO FAIRFIELD COUNTY. NORWALK HOSPITAL PARTICIPATES IN VARIOUS CLINICAL TRIALS AND RESEARCH, WHICH BRINGS NEW TREATMENT OPTIONS TO OUR PATIENTS. NORWALK 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. NORWALK HOSPITAL HAS BEEN NAMED AMONG THE TOP 5% IN THE NATION FOR CARDIOLOGY SERVICES, OVERALL GI SERVICES, OVERALL PULMONARY SERVICES, NEUROSCIENCES (2 YEARS IN A ROW), AND TREATMENT OF STROKE (3 YEARS IN A ROW). THE HOSPITAL HAS ALSO BEEN NAMED TOP 10% IN THE NATION FOR GASTROINTESTINAL SURGERY, AND GI MEDICAL TREATMENT. NORWALK HOSPITAL HAS BEEN RECOGNIZED AS BEST REGIONAL HOSPITAL FOR EXCELLENCE BY U.S. NEWS & WORLD REPORT FOR OUR HIGH PERFORMANCE IN HEART FAILURE TREATMENT, DIABETES TREATMENT, HIP FRACTURE, COPD TREATMENT, AND HIGH PERFORMANCE IN STROKE TREATMENT. HEALTHGRADES HAS LISTED NORWALK HOSPITAL AS AMERICA'S 50 BEST HOSPITALS. HEALTHGRADES HAS ALSO AWARDED THE HOSPITAL WITH THE CRITICAL CARE EXCELLENCE AWARD, GASTROINTESTINAL CARE EXCELLENCE AWARD, NEUROSCIENCES EXCELLENCE AWARD (3 YEARS IN A ROW), STROKE CARE EXCELLENCE AWARD (6 YEARS IN A ROW), AND THE PULMONARY CARE EXCELLENCE AWARD (9 YEARS IN A ROW). THE HOSPITAL WAS LISTED ON THE GET WITH THE GUIDELINES STROKE GOLD PLUS WITH TARGET: TYPE 2 DIABETES HONOR ROLL, GET WITH THE GUIDELINES STROKE GOLD PLUS WITH TARGET: STROKE HONOR ROLL ELITE. THE BARIATRIC DEPARMENT HAS HELD THE MBSAQIP BARIATRIC CENTER ACCREDITATION FROM THE AMERICAN COLLEGE OF SURGEONS AND AMERICAN SOCIETY FOR METABOLIC AND BARIATRIC SURGERY SINCE 2006. IN FY23, NORWALK HOSPITAL HAD 43,898 PATIENT DAYS AND 9,483 DISCHARGES IN ACUTE CARE. THERE WERE 37,405 IN EMERGENCY ROOM VISITS AND 132,828 IN OTHER OUTPATIENT VISITS/PROCEDURES. THE HOSPITAL PROVIDED APPROXIMATELY $29.7M 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 President Norwalk Hospital | OfficerTrustee | 46 | $723,112 |
Name Not Listed Chairman | OfficerTrustee | 3 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director (to 10/17) | Trustee | 2 | $12,240 |
Name Not Listed Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Premier Imaging Llc Image Readings And Research | 9/29/23 | $826,920 |
Lechase Construction Services Llc Construction | 9/29/23 | $2,487,567 |
Danbury Radiological Associates Image Readings | 9/29/23 | $361,457 |
Eastern Land Management Inc Landscape Management And Snow Services | 9/29/23 | $309,760 |
Urology Associates Of Norwalk Medical Staffing | 9/29/23 | $300,297 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $2,071,362 |
Government grants | $1,511,397 |
All other contributions, gifts, grants, and similar amounts not included above | $20,314 |
Noncash contributions included in lines 1a–1f | $3,500 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,603,073 |
Total Program Service Revenue | $381,453,012 |
Investment income | $1,341,643 |
Tax Exempt Bond Proceeds | $1,454,629 |
Royalties | $0 |
Net Rental Income | $3,075,442 |
Net Gain/Loss on Asset Sales | $6,173,814 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $402,634,806 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $42,568 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $290,420 |
Compensation of current officers, directors, key employees. | $31,559 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $127,659,137 |
Pension plan accruals and contributions | -$463,126 |
Other employee benefits | $21,130,546 |
Payroll taxes | $7,894,780 |
Fees for services: Management | $0 |
Fees for services: Legal | $522,236 |
Fees for services: Accounting | $506,879 |
Fees for services: Lobbying | $74,871 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $139,804 |
Fees for services: Other | $93,969,046 |
Advertising and promotion | $442,319 |
Office expenses | $2,585,041 |
Information technology | $7,192,530 |
Royalties | $0 |
Occupancy | $13,854,342 |
Travel | $190,299 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $22,593 |
Interest | $4,164,125 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,223,029 |
Insurance | $2,870,945 |
All other expenses | $0 |
Total functional expenses | $400,928,677 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,674,338 |
Savings and temporary cash investments | $275,298 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $38,196,452 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,039 |
Inventories for sale or use | $7,190,772 |
Prepaid expenses and deferred charges | $19,378,531 |
Net Land, buildings, and equipment | $235,912,301 |
Investments—publicly traded securities | $0 |
Investments—other securities | $130,208,931 |
Investments—program-related | $171,273,974 |
Intangible assets | $0 |
Other assets | $186,736,527 |
Total assets | $792,848,163 |
Accounts payable and accrued expenses | $46,325,617 |
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 | $252,814,345 |
Total liabilities | $299,139,962 |
Net assets without donor restrictions | $397,182,445 |
Net assets with donor restrictions | $96,525,756 |
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 | $792,848,163 |
Over the last fiscal year, Norwalk Hospital Association has awarded $16,234,828 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
NORWALK HOS PHYS & SURGEONS PURPOSE: STRATEGIC SUPPORT | $4,736,991 |
WESTERN CT MEDICAL GROUP PURPOSE: STRATEGIC SUPPORT | $11,497,837 |