Catholic Medical Center
88% goes to programs $6 to raise $100
Catholic Medical Center is a 501(c)(3) organization based in Manchester, New Hampshire, registered in 1946, with $524,303,061 in FY2023 revenue. CharityIndex grades it B+, and it directs about 88% of spending to programs.
195 Mcgregor St, Manchester, NH, 03102 EIN 02-0315693 Since 1946
Revenue (FY2023)
$524.3M
▼ 2.8% vs prior year
Health median: $840K
Expenses (FY2023)
$516.9M
Net assets
$61.6M
Employees
3,256
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →AProgram efficiency40% of the rating88% to programs · $6 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Catholic Medical Center: 88% to programs · $6 to raise $100 earns a A on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Catholic Medical Center: 1 mo reserves · +1% margin earns a C+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Catholic Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Catholic Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The heart of catholic medical center is to carry out christ's healing ministry by offering health, healing, and hope to every individual who seeks our care.
What they do
Various other services. please see schedule h.catholic medical center (cmc), as an agency of the roman catholic church, shall provide health care in a manner consistent with the ethical and religious directives for catholic health care services as interpreted by the roman catholic bishop of manchester. cmc shall employ the highest quality health care professionals and the most appropriate technology to deliver an array of services either directly or through strategic alliances with compatible health care providers. with dignity and compassion, cmc shall treat the body, mind, and spirit of all who seek or provide care and comfort. additional details provided in schedule h.
Contact & location
- Address
- 195 Mcgregor St, Manchester, NH, 03102
- City
- Manchester
- State
- New Hampshire
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $342.8M (FY2013) to $524.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $327.8MNet assets $61.6M
Operating margin
1.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$389.4M
Total liabilities
$327.8M
Net assets
$61.6M
Salaries & benefits
$223.8M
43% of expenses
Board members
13
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $524,303,061▼2.8% | $516,890,196▼2.7% | $61,552,410▼34.5% | $389,369,786▼10.1% | 990 |
| 2022 | $539,499,852▼0.7% | $530,973,938▲4.9% | $93,970,285▼15.2% | $433,176,137▲0.6% | 990 |
| 2021 | $543,238,251▼1.0% | $506,241,155▲11.4% | $110,759,544▼6.5% | $430,455,986▼17.0% | 990 |
| 2020 | $548,724,237▲19.5% | $454,357,725▲3.0% | $118,482,972▲145% | $518,751,919▼2.2% | 990 |
| 2019 | $459,237,683▼6.4% | $441,173,091▼2.4% | $48,379,227▼46.7% | $530,592,222▲21.2% | 990 |
| 2018 | $490,484,929▲3.5% | $452,215,352▲5.0% | $90,757,204▼39.5% | $437,721,429▼2.3% | 990 |
| 2017 | $473,730,448▲9.0% | $430,871,938▲13.8% | $150,099,379▲31.5% | $448,191,010▲23.6% | 990 |
| 2016 | $434,681,350▲8.5% | $378,636,605▲6.1% | $114,172,702▲45.9% | $362,532,601▲11.9% | 990 |
| 2015 | $400,578,656▲13.0% | $357,009,613▲9.6% | $78,230,582▼26.8% | $323,864,484▲4.3% | 990 |
| 2014 | $354,400,124▲3.4% | $325,663,830▲4.9% | $106,909,199▼14.9% | $310,479,366▲1.9% | 990 |
| 2013 | $342,822,455 | $310,597,196▲6.1% | $125,646,743▲27.7% | $304,702,834▲5.4% | 990 |
| 2012 | — | $292,655,372▼2.8% | $98,360,313▲62.3% | $289,197,996▲3.4% | 990 |
| 2011 | — | $301,041,993▲0.1% | $60,620,543▼39.7% | $279,702,554▲8.3% | 990 |
| 2010 | — | $300,739,061▲13.0% | $100,581,785▲88.0% | $258,264,871▲10.9% | 990 |
| 2009 | — | $266,184,220 | $53,498,878 | $232,863,478 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Alexander Walker Jr Esq — $717,524 (0.14% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alexander Walker Jr Esq | President & Ceo | 40.9 | $717,524 |
| Carolanne O'sullivan | Senior Vp, Provider Network | 40 | $499,649 |
| Andrew Watt Md | Vp/chief Medical Information Officer | 40 | $420,359 |
| Michael Gilbert | Chief Medical Officer | 40.2 | $401,623 |
| Pamela Martel | Executive Vp & Cfo | 40.2 | $345,190 |
| Keith Larocque Rn | Nurse | 40 | $314,999 |
| Sarah Doherty Rn | Nurse | 40 | $292,349 |
| Edward Dudley III | Former Executive Vp & Cfo | 0 | $159,007 |
| Ronald Doncaster | Former Chief Operating Officer | 0 | $112,379 |
| Derek Mcdonald | Dir./bishop's Delegate (end 11/2023) | 0.1 | — |
| Grace Tung | Director | 0.9 | — |
| John J Munoz Md | Director | 0.9 | — |
| Kristy Merrill | Director | 0.7 | — |
| Marie Mckay CPA | Treasurer | 0.8 | — |
| Matthew Albuquerque | Director/secretary (start 1/2024) | 0.8 | — |
| Matthew Kfoury | Secretary (end 1/2024) | 0.2 | — |
| Pamela Diamantis | Vice Chair | 0.9 | — |
| Patricia Furey Md | Director; Medical Staff President | 0.8 | — |
| Robert Capodilupo Md | Interim Trustee/exec Med Dir Nehi | 0.8 | — |
| Robert Gossett | Director | 0.8 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Dartmouth Hitchcock Clinic | Medical Services | $25,094,657 |
| Medical Solutions LLC | Healthcare Staffing Solutions | $17,964,359 |
| Anesthesia Care Group PC | Medical Services | $5,695,208 |
| Harvey Construction Corp | Construction Services | $3,300,981 |
| Huron Consulting Group Inc | Consulting Services | $1,750,000 |
Grants received · $607K total
26 grants to Catholic Medical Center totaling $607K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Jsi Research & Training Institute Inc | Operational support | 2023 | $30,000 |
| New Hampshire Charitable Foundation | For general support | 2023 | $25,000 |
| American Cancer Society Inc | Patient support | 2023 | $10,000 |
| Donor Advised Charitable Giving | Health | 2023 | $8,590 |
| Donor Advised Charitable Giving | Health | 2022 | $39,980 |
| New Hampshire Charitable Foundation | For purchase of ambulance for transport to/from other areas of nh | 2022 | $25,000 |
| Jsi Research & Training Institute Inc | Operational support | 2022 | $23,250 |
| Mary Hitchcock Memorial Hospital | Program support | 2022 | $5,325 |
| Donor Advised Charitable Giving | Health | 2021 | $37,000 |
| Jsi Research & Training Institute Inc | Operational support | 2021 | $36,987 |
| New Hampshire Charitable Foundation | For a multiyear gift | 2021 | $25,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $8,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $8,250 |
| Jsi Research & Training Institute Inc | Operational support | 2020 | $35,457 |
| New Hampshire Charitable Foundation | For the capital campaign project | 2020 | $15,949 |
Grants made · $210K in FY2023
2 grants totaling $210K in FY2023. All grants made by Catholic Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation For Healthy Communities | Nh hospital association, nh medicaid expansion, drug and alcohol abuse prevention initiatives | $178,579 |
| Amoskeag Health | Funding and equipment for health care services and initiatives | $31,272 |
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Frequently asked questions
- Is Catholic Medical Center a legitimate nonprofit?
- Yes. Catholic Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0315693, based in Manchester, New Hampshire. Donations are tax-deductible.
- What is Catholic Medical Center's EIN?
- Catholic Medical Center's Employer Identification Number (EIN) is 02-0315693.
- How much revenue does Catholic Medical Center report?
- Catholic Medical Center reported $524,303,061 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Catholic Medical Center's spending goes to programs?
- Catholic Medical Center spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Catholic Medical Center have?
- CharityIndex grades Catholic Medical Center B+, based on program efficiency and fundraising cost.
- How much does Catholic Medical Center's highest-paid employee make?
- The highest reported compensation on Catholic Medical Center's latest Form 990 is $717,524, paid to Alexander Walker Jr Esq (President & Ceo).
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Data for Catholic Medical Center (EIN 02-0315693) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.