Cheshire Medical Center
90% goes to programs $6 to raise $100 Growing revenue
Cheshire Medical Center is a 501(c)(3) organization based in Keene, New Hampshire, registered in 1981, with $307,906,797 in FY2023 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
580 Court St, Keene, NH, 03431 EIN 02-0354549 Since 1981
Revenue (FY2023)
$307.9M
▲ 16.8% vs prior year
Health median: $840K
Expenses (FY2023)
$312.6M
Net assets
$75.6M
Employees
1,249
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating90% 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 Cheshire Medical Center: 90% to programs · $6 to raise $100 earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · -2% 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 Cheshire Medical Center: 3 mo reserves · -2% margin earns a B 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 Cheshire Medical Center: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Cheshire Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To lead our community to optimal health and wellness through our clinical and service excellence, collaboration, and compassion for every patient, every time.
Contact & location
- Address
- 580 Court St, Keene, NH, 03431
- City
- Keene
- State
- New Hampshire
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $159.8M (FY2013) to $307.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $86.2MNet assets $75.6M
Operating margin
-1.5%
Spent more than it raised in the latest fiscal year.
Total assets
$161.9M
Total liabilities
$86.2M
Net assets
$75.6M
Salaries & benefits
$116.8M
37% of expenses
Board members
17
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $307,906,797▲16.8% | $312,590,986▲8.6% | $75,616,200▲42.2% | $161,863,854▲10.2% | 990 |
| 2022 | $263,584,484▼0.5% | $287,817,174▲6.2% | $53,181,837▼26.6% | $146,820,184▼3.6% | 990 |
| 2021 | $264,934,375▲7.1% | $271,130,920▲12.6% | $72,417,920▼10.0% | $152,302,112▼9.5% | 990 |
| 2020 | $247,398,804▲9.6% | $240,795,064▲0.4% | $80,425,979▲37.5% | $168,346,405▼9.2% | 990 |
| 2019 | $225,659,551▼1.0% | $239,728,736▲9.8% | $58,478,497▼19.0% | $185,465,067▲44.0% | 990 |
| 2018 | $227,976,248▲8.3% | $218,241,706▲1.0% | $72,238,083▲5.5% | $128,808,055▲2.8% | 990 |
| 2017 | $210,426,594▲2.6% | $216,121,643▲4.3% | $68,470,701▲8.4% | $125,320,625▼1.1% | 990 |
| 2016 | $205,018,030▲23.8% | $207,142,122▲21.4% | $63,151,961▲5.0% | $126,657,747▼6.1% | 990 |
| 2015 | $165,625,699▲1.1% | $170,640,031▲3.8% | $60,167,216▼23.4% | $134,879,963▼6.7% | 990 |
| 2014 | $163,839,490▲2.5% | $164,398,433▲3.6% | $78,496,223▲8.1% | $144,627,429▲5.1% | 990 |
| 2013 | $159,837,202 | $158,643,872▲1.6% | $72,583,218▲6.4% | $137,587,316▲0.7% | 990 |
| 2012 | — | $156,194,400▲1.5% | $68,213,876▲44.1% | $136,587,126▲6.9% | 990 |
| 2010 | — | $153,820,686▼2.2% | $47,341,167▼10.1% | $127,769,556▲2.5% | 990 |
| 2009 | — | $157,341,490 | $52,654,929 | $124,631,712 | 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: Kathryn F Willbarger — $380,067 (0.12% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kathryn F Willbarger | Coo /trustee and Interim Ceo (through 8/6/23) | 40 | $380,067 |
| Daniel Gross | Chief Financial Officer (through 5/2/24) | 40 | $290,020 |
| Erli Chen | Physicist | 40 | $259,554 |
| Anne Tyrol | Chief Nursing Officer | 40 | $224,304 |
| Matthew Borden | Pharmacist | 40 | $179,218 |
| Kevin Forrest | Vp Facilities & Support Services | 40 | $170,156 |
| Sandra M Phipps | Vp Philanthropy/comm Relations | 40 | $165,844 |
| Lisa Hanamoto | Rn Baylor-wn-ip/prcd | 40 | $162,732 |
| Annmarie Coppo | Interim Cfo (as of 5/3/24) | 40 | $133,274 |
| Andrew G Tremblay Md | Trustee | 1 | — |
| Barbara Duckett | Trustee/secretary (through 1/24) | 0.5 | — |
| Cherie Holmes Md | Trustee | 1 | — |
| Daniel Smith | Trustee / Vice Chair (as of 1/20/23) | 0.5 | — |
| David Quigley | Former Key / Vp - Clinical Operations (through 3/7/23) | 0 | — |
| Don Caruso Md | Former Ceo/president | 1 | — |
| Elizabeth Cotter | Trustee/secretary (as of 1/24) | 0.5 | — |
| Gina Obrien Md | Trustee (as of 1/20/23) | 0.5 | — |
| Jennifer L Dinubila Do | Former Med Staff Pres. | 0 | — |
| Joseph L Perras Md | Trustee/ceo/president Ex-officio (as of 8/7/23) | 40 | — |
| Les Pitts Md | Trustee/ex-officio Med. Staff Pres | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Prolucent Health Inc | Workforce Services | $8,109,410 |
| Conifer Revenue Cycle Solutions | Revenue Management | $6,539,839 |
| Walsh Brothers Incorporated | Construction Services | $5,039,383 |
| Fastaff LLC | Workforce Services | $3,485,661 |
| Mary Hitchcock Memorial Hospital | Health Services | $2,531,057 |
Grants received · $2.1M total
29 grants to Cheshire Medical Center totaling $2.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New Hampshire Charitable Foundation | Advocacy and lobbying, implementation of community health improvement plan | 2024 | $15,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $130,500 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2023 | $38,000 |
| New Hampshire Charitable Foundation | For community based initiatives, lobbying efforts | 2023 | $18,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $126,000 |
| Jsi Research & Training Institute Inc | Operational support | 2022 | $28,000 |
| Donor Advised Charitable Giving | Health | 2022 | $20,000 |
| New Hampshire Charitable Foundation | For substance misuse prevention/mental health effort, early childhood dev. public health | 2022 | $14,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $100,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $100,000 |
| Mary Hitchcock Memorial Hospital | Program support | 2021 | $52,124 |
| New Hampshire Charitable Foundation | To support substance misuse prevention and mental health programs | 2021 | $27,000 |
| Dartmouth-hitchcock Clinic | Program support | 2021 | $22,339 |
| Jsi Research & Training Institute Inc | Operational support | 2021 | $12,000 |
| Mary Hitchcock Memorial Hospital | Program support | 2020 | $301,645 |
Grants made · $199K in FY2023
2 grants totaling $199K in FY2023. All grants made by Cheshire Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation For Healthy Communities | Program support | $188,588 |
| Dental Health Works of Cheshire County Inc | Program support | $10,000 |
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Compare Cheshire Medical Center
Frequently asked questions
- Is Cheshire Medical Center a legitimate nonprofit?
- Yes. Cheshire Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0354549, based in Keene, New Hampshire. Donations are tax-deductible.
- What is Cheshire Medical Center's EIN?
- Cheshire Medical Center's Employer Identification Number (EIN) is 02-0354549.
- How much revenue does Cheshire Medical Center report?
- Cheshire Medical Center reported $307,906,797 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Cheshire Medical Center's spending goes to programs?
- Cheshire Medical Center spends about 90% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Cheshire Medical Center have?
- CharityIndex grades Cheshire Medical Center A, based on program efficiency and fundraising cost.
- How much does Cheshire Medical Center's highest-paid employee make?
- The highest reported compensation on Cheshire Medical Center's latest Form 990 is $380,067, paid to Kathryn F Willbarger (Coo /trustee and Interim Ceo (through 8/6/23)).
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Data for Cheshire Medical Center (EIN 02-0354549) 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.