Concord Hospital Inc

Organization Overview

Concord Hospital Inc is located in Concord, NH. The organization was established in 1987. 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, Concord Hospital Inc employed 4,096 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Concord Hospital Inc 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, Concord Hospital Inc generated $622.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $583.0m during the year ending 09/2021. While expenses have increased by 4.4% 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.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HOSPITAL

Describe the Organization's Program Activity:

VARIOUS HOSPITAL SERVICES; SEE SCHEDULE HIN FYE 2021, CONCORD HOSPITAL INVESTED ALMOST $79 MILLION IN COMMUNITY BENEFIT PROGRAMS, SERVICES, AND OTHER EXPENSES. THE LARGEST AREAS OF SUPPORT WERE CHARITABLE CARE SERVICES, MEDICAL EDUCATION AND SUBSIDIZED PROGRAMS AND SERVICES. OUR INVESTMENT ENHANCES THE HOSPITAL'S ABILITY TO PROVIDE QUALITY PATIENT CARE, RESPOND TO IDENTIFIED COMMUNITY HEALTH NEEDS AND ADDRESS THE HOSPITAL'S CHARITABLE MISSION OVERALL.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Harvey Construction Corp
Construction Services
$10,570,755
Anesthesia Associates Pa
Healthcare Services
$3,975,004
Angelica-worcester
Professional Services
$1,226,926
Concord Orthopaedics Pa
Healthcare Services
$1,742,880
Engelberth Construction Inc
Construction Services
$1,907,478
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$4,240,384
Government grants $4,206,429
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$8,446,813
Total Program Service Revenue$589,259,049
Investment income $6,478,834
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $1,747,958
Net Gain/Loss on Asset Sales $12,622,876
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $180,800
Miscellaneous Revenue$0
Total Revenue $622,809,517

Grants Awarded

Over the last fiscal year, Concord Hospital Inc has awarded $80,000 in support to 2 organizations.

Grant RecipientAmount

RIVERBEND COMMUNITY MENTAL HEALTH

Org PageRecipient Profile

Concord, NH

PURPOSE: Support for: continuing education & training of staff, clinical staff at Concord Homeless Resource Center, and general operating support.

$60,000

CONCORD REGIONAL VISITING NURSE ASSOCIATION INC

Org PageRecipient Profile

Concord, NH

PURPOSE: Purchase of two i-stat machines for diagnostic testing.

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Concord Hospital Inc has recieved totaling $713,171.

Awarding OrganizationAmount
Clara Saltus Trust Uw

Bedford, NH

PURPOSE: DAILY OPERATIONS

$175,956
Abbie F Mosley Tr Uw

Johnston, RI

PURPOSE: LINAC III SPECIAL PROJECT

$101,605
Kiva Foundation

Lincoln, MA

PURPOSE: HEALTH CARE

$100,000
Trust U/W E Sawyer Cummings

Concord, NH

PURPOSE: GENERAL

$92,200
Benjamin Kimball Trust Uw

Bedford, NH

PURPOSE: DAILY OPERATIONS

$87,169
Trust Uw Benjamin Couch 08-07-46 916-0107-9 Fbo A Richardson

Bedford, NH

PURPOSE: SUPPORT VARIOUS ACTIVITIES

$61,830
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$275,536,256
Earnings$65,833,936
Other Expense$799,972
Ending Balance$340,570,220

Peer Organizations

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