Dartmouth-Hitchcock Health is located in Lebanon, NH. The organization was established in 2010. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dartmouth-Hitchcock Health 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 06/2021, Dartmouth-Hitchcock Health generated $17.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $26.0m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GOVERN AN INTEGRATED HEALTH CARE DELIVERY SYSTEM THAT BEST SERVES THE PURPOSES OF PREVENTING, DIAGNOSING, TREATING, AND CURING HUMAN ILLNESS WITHIN THE NORTHERN NEW ENGLAND REGION.
Describe the Organization's Program Activity:
DARTMOUTH-HITCHCOCK HEALTH (D-HH) CONTINUES TO ESTABLISH AND MAINTAIN COOPERATIVE HOSPITAL AND PROVIDER RELATIONSHIPS THROUGHOUT THE NORTHERN NEW ENGLAND REGION. WHILE D-HH CONTINUES TO REFINE ITS AFFILIATIONS WITH FIVE HOSPITALS AND VISITING NURSE AND HOSPICE OF VERMONT AND NH (VNH), D-HH IS ALSO REACHING OUT TO OTHER HEALTH CARE ORGANIZATIONS IN HOPES OF FURTHER COORDINATING CARE AND CREATING GREATER EFFICIENCIES IN HEALTH CARE DELIVERY THROUGHOUT NORTHERN NEW ENGLAND.
PHILANTHROPY ACROSS THE D-HH SYSTEM IS COORDINATED BY A JOINT DEVELOPMENT OFFICE, WORKING ON BEHALF OF D-HH AND THE GEISEL SCHOOL OF MEDICINE AT DARTMOUTH. THE JOINT DEVELOPMENT OFFICE ALSO MANAGES REVENUE FROM EVENTS SUCH AS THE NORRIS COTTON CANCER CENTER'S PROUTY RACE, VARIOUS EVENTS SPONSORED BY THE CHILDREN'S HOSPITAL AT DARTMOUTH-HITCHCOCK (CHAD), AND THE FASHION SHOW SPONSORED BY THE HEART & VASCULAR CENTER. APPROXIMATELY 80% OF D-HH'S PHILANTHROPIC REVENUE COMES FROM DONOR CONTRIBUTIONS AND EVENT REVENUE. DURING FY21, MORE THAN $16 MILLION WAS RAISED THROUGH THE JOINT DEVELOPMENT OFFICE FOR THE DARTMOUTH-HITCHCOCK HEALTH SYSTEM. THE RELATED REVENUES AND EXPENSES FOR FUND RAISING EVENTS HAVE BEEN REPORTED ON SCHEDULE G.
D-HH AND THE UNIVERSITY OF VERMONT HEALTH NETWORK ARE THE CO-FOUNDERS OF ONECARE VERMONT ACCOUNTABLE CARE ORGANIZATION, LLC. ("ONECARE"). ONECARE HELD ALTERNATIVE PAYMENT MODEL CONTRACTS WITH THE CENTERS FOR MEDICARE AND MEDICAID (CMS) AND THE CENTERS FOR MEDICARE AND MEDICAID INNOVATION CENTER (CMMI); THE STATE OF VERMONT MEDICAID PROGRAM; AND BLUE CROSS AND BLUE SHIELD OF VERMONT AS PART OF ITS CONTINUED WORK WITH THE STATE OF VERMONT TO IMPLEMENT THE STATE'S GLOBAL COMMITMENT TO HEALTH SECTION 1115 WAIVER ("ALL PAYOR WAIVER") FROM CMS. DURING FISCAL YEAR 2021, ONECARE CHANGED ITS LEGAL STATUS AND BECAME A NOT-FOR-PROFIT ORGANIZATION; CONSEQUENTLY, AS OF JUNE 30, 2021, D-HH IS NO LONGER A JOINT PARTNER IN ONECARE WITH THE UNIVERSITY OF VERMONT MEDICAL CENTER HEALTH NETWORK. UNTIL DECEMBER 31, 2020 D-HH CONTINUED TO PARTICIPATE IN AN ALTERNATIVE PAYMENT MODEL CONTRACT WITH HARVARD PILGRIM HEALTH CARE IN WHICH D-HH SHARED FINANCIAL RISK WITH HARVARD PILGRIM HEALTH CARE AND OTHER PROVIDER MEMBERS OF BENEVERA HEALTH, LLC FOR THE POPULATION OF HEALTH MANAGEMENT AND TOTAL COST OF CARE OF HARVARD PILGRIM HEALTH CARE FULLY INSURED COMMERCIAL MEMBERS WHO WERE ATTRIBUTED TO A PRIMARY CARE PROVIDER OTHER THAN ONE ASSOCIATED WITH A BENEVERA HEALTH LLC MEMBER ORGANIZATION. ON DECEMBER 31, 2020 BENEVERA DISSOLVED, THUS ENDING D-HH PARTICIPATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Officer | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Mayer Brown Llp Legal Services | 6/29/21 | $4,775,119 |
The Trustees Of Dartmouth College Development Services | 6/29/21 | $4,160,667 |
Natl Economic Research Assn Inc Economic Research | 6/29/21 | $1,673,465 |
Update Inc Document Review Services | 6/29/21 | $1,530,532 |
Driven Inc Technology Services | 6/29/21 | $870,559 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $2,460,382 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $7,088,136 |
Noncash contributions included in lines 1a–1f | $351,578 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,548,518 |
Total Program Service Revenue | $7,265,749 |
Investment income | $198,595 |
Tax Exempt Bond Proceeds | $13,913 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $242,087 |
Net Income from Fundraising Events | -$152,670 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $17,116,192 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $4,575,232 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $164,571 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,295,356 |
Advertising and promotion | $61,295 |
Office expenses | $86,141 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $723 |
Travel | $359 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $51,693 |
Interest | $6,747,230 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $9,807 |
Insurance | $67,676 |
All other expenses | $0 |
Total functional expenses | $26,019,886 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $698,184 |
Savings and temporary cash investments | $177,486,184 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $13,984,256 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $845,157,082 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $210,170,913 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,663,800 |
Total assets | $1,251,160,419 |
Accounts payable and accrued expenses | $14,664,012 |
Grants payable | $0 |
Deferred revenue | $5,383,347 |
Tax-exempt bond liabilities | $539,755,000 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $693,634,283 |
Total liabilities | $1,253,436,642 |
Net assets without donor restrictions | -$2,523,997 |
Net assets with donor restrictions | $247,774 |
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 | $1,251,160,419 |
Over the last fiscal year, Dartmouth-Hitchcock Health has awarded $626,356 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
Hanover, NH PURPOSE: Educ and Prog Sppt | $200,000 |
Boston, MA PURPOSE: Preogram Support | $150,000 |
Keene, NH PURPOSE: Program Support | $101,463 |
Manchester, NH PURPOSE: Program Support | $80,000 |
Manchester, NH PURPOSE: Program Support | $38,580 |
Lebanon, NH PURPOSE: Program Support | $25,000 |
Over the last fiscal year, we have identified 3 grants that Dartmouth-Hitchcock Health has recieved totaling $13,500.
Awarding Organization | Amount |
---|---|
Natalia Mental Health Foundation Inc Coconut Grove, FL PURPOSE: TO FUND INDIVIDUAL PLACEMENT AND SUPPORT (IPS) EMPLOYMENT PROGRAMS FOR THE MENTALLY ILL | $10,000 |
The Barr Fund Chicago, IL PURPOSE: GENERAL FUND | $3,000 |
Albert H Stahmer Foundation Inc Golden, CO PURPOSE: GENERAL FUND | $500 |
Organization Name | Assets | Revenue |
---|---|---|
Massachusetts League Of Community Health Centers Inc Boston, MA | $29,437,679 | $42,298,063 |
Dartmouth-Hitchcock Health Lebanon, NH | $1,251,160,419 | $17,116,192 |
Sisters Of Providence Health System Inc Holyoke, MA | $0 | $32,166,513 |
Tufts Medicine Inc Burlington, MA | $334,551,155 | $530,151 |
New England Donor Services Inc Waltham, MA | $48,652,397 | $15,155,479 |
Academic Physicians Insurancecompany Colchester, VT | $81,982,232 | $24,573,399 |
Alliance Health Management Services Llc Southborough, MA | $2,006,491 | $4,982,711 |
Center For Medical Simulation Inc Charlestown, MA | $2,307,441 | $2,761,057 |
Lincolnhealth Group Boothbay Harbor, ME | $0 | $1,324,254 |
Metropolitan Boston Emergency Medical Services Council Inc Burlington, MA | $3,181,684 | $1,030,015 |
Connections Telehealth Consortium Bangor, ME | $116,868 | $804,314 |
Dana-Farber Childrens Hospital Cancer Care Inc Boston, MA | $0 | $0 |