Middlesex Hospital is a 501(c)(3) organization based in Middletown, Connecticut, registered in 1939, with $539,655,486 in FY2023 revenue. CharityIndex grades it A, and it directs about 90% of spending to programs.
Revenue (FY2023)
$539.7M
▲ 5.3% vs prior year
Health median: $840K
Expenses (FY2023)
$493.7M
Net assets
$467.6M
Employees
3,749
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 Middlesex Hospital: 90% to programs · $20 to raise $100 earns a A on this criterion. See the exact thresholds →
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 Middlesex Hospital: 11 mo reserves · +9% margin earns a A on this criterion. See the exact thresholds →
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 Middlesex Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
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 Middlesex Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A non-profit, acute care, community hospital in middletown, ct. (see schedule o)middlesex hospital is committed to providing high quality inpatient and outpatient healthcare services. the hospital recognizes community transparency and integrity as fundamental responsibilities.
Middlesex hospital emergency department delivers care at the whalen emergency center at the hospital's main campus as well as two satellite sites located at the shoreline medical center in westbrook and the middlesex hospital medical center in marlborough. the emergency department treat and release visits for the fiscal year ending 9/30/2018 were 77,222. in each, emergency care is deployed by expert, board-certified emergency medicine doctors and specifically trained physician assistants, nurses, patient care technicians and other support personnel. emergency care is provided 24 hours a day, 7 days a week. the departments are supported by a broad spectrum of diagnostic capabilities and sophisticated information systems. in addition to emergency care there are also isolation and decontamination areas in the emergency department and a helipad on site for life star medical helicopter transports. middlesex hospital is committed to providing the highest standard of care for both the physical and behavioral health needs of our psychiatric patients. the emergency department at the hospital houses an eight bed emergency department crisis unit. treatment is provided regardless of the patient's background or status. ed services are staffed with clinical personnel specifically trained to care for the unique needs of their patients (psychiatrists, staff nurses, patient care technicians/mental health workers, secretaries, nurse educator, social workers, cotas, ot and others). together the staff partners with hospital staff and community resources to develop the best care plan for patients throughout their stay in the hospital and upon discharge. in fy 18, the emergency room activity accounted for 77,222 emergency department visits. demand continues to rise and the services provided continue to be recognized for continuous patient satisfaction in particular as a recipient of the press ganey summit award for achieving a 99% customer satisfaction rating for twelve consecutive years.
The hospital's homecare department makes over 92,000 revenue generating visits a year to community residents. homecare is staffed with specialty nurses, home health aides, physical therapists, occupational therapists, speech therapists, medical social workers and nutritionists to meet the physical and behavioral health needs of patients cared for in their homes and outside the hospital setting. homecare services include: specialized cardiac care; including tele monitoring and the heart smart program (a multidisciplinary program which includes the full spectrum cardiac self management support and clinical care), full spectrum geriatric care, infusion therapies, lifeline services, and a significant range of respiratory, pulmonary and medical rehabilitation services as well as providing outpatient hospice and palliative services throughout the community. the homecare department generously provides community health services including flu shots, health fairs, and coordination of linkages with meals on wheels, transportation, adult day care and other services on contract with local organizations.
Other services incorporate a wide range of care provided to patients that are not specifically captured in the three largest categories. this designation accounts for approximately 550,000 visits. these services include care provided at the cancer center such as diagnostic testing, treatment and such supports as alternative medicine therapies/integrative medicines, and hereditary risk assessments. physical medicine and rehabilitation services also are folded into this grouping. services are available at multiple locations which offer comprehensive rehabilitation and occupational medicine and physical therapy (including hand therapy) services. care is delivered by experienced, highly-qualified staff, with advanced training in physical and occupational therapy, speech language pathology and related fields. in each clinical case, patients are evaluated and receive a unique treat
Revenue grew from $383.9M (FY2013) to $539.7M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
8.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$614.1M
Total liabilities
$146.6M
Net assets
$467.6M
Salaries & benefits
$286.7M
58% of expenses
Board members
13
12 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $539,655,486▲5.3% | $493,737,848▲1.7% | $467,563,644▲14.4% | $614,139,759▲10.2% | 990 |
| 2022 | $512,639,238▲5.8% | $485,711,932▲6.6% | $408,688,632▲3.5% | $557,504,992▲2.0% | 990 |
| 2021 | $484,471,218▲4.0% | $455,782,472▲3.5% | $394,889,561▼5.8% | $546,749,767▼12.9% | 990 |
| 2020 | $466,024,134▲4.8% | $440,368,727▲5.0% | $419,399,312▲5.2% | $628,027,463▲1.4% | 990 |
| 2019 | $444,816,688▼1.7% | $419,235,331▲2.3% | $398,485,288▲3.0% | $619,190,364▲17.1% | 990 |
| 2018 | $452,671,267▲0.3% | $410,004,757▲1.7% | $386,882,622▲8.3% | $528,880,049▲3.9% | 990 |
| 2017 | $451,390,925▲8.5% | $403,345,263▲7.4% | $357,380,987▲12.4% | $508,825,625▲7.9% | 990 |
| 2016 | $416,112,322▲2.5% | $375,506,397▲0.4% | $317,972,064▲18.3% | $471,471,154▲3.0% | 990 |
| 2015 | $405,768,597▲6.8% | $373,879,104▲0.7% | $268,891,139▲2.6% | $457,928,368▼2.6% | 990 |
| 2014 | $380,077,039▼1.0% | $371,405,037▲6.2% | $261,956,000▼8.9% | $470,017,750▼2.9% | 990 |
| 2013 | $383,937,164 | $349,563,778▲1.1% | $287,700,000▲8.9% | $483,811,000▲5.1% | 990 |
| 2012 | — | $345,789,354▲2.3% | $264,166,000▲64.1% | $460,311,000▲4.6% | 990 |
| 2011 | — | $338,084,673▲0.9% | $161,005,000▲16.6% | $440,085,000▲9.3% | 990 |
| 2010 | — | $334,946,465▲5.7% | $138,072,000▼4.7% | $402,626,000▲2.6% | 990 |
| 2009 | — | $317,015,018 | $144,810,000 | $392,308,000 | 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.
Highest-paid: Vincent Capece Jr — $1,465,474 (0.30% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Vincent Capece Jr | President/ceo | 40 | $1,465,474 |
| Susan Martin | Vp Finance/treasurer | 40 | $696,091 |
| David Cosentino | Vp Quality & Patient Safety | 40 | $571,059 |
| Evan Jackson | Vp & Cio | 40 | $529,738 |
| David Giuffrida | Vp Facilities and Support Svcs | 40 | $516,951 |
| Theodore Hartenstein | Med Director, Utilization | 40 | $506,696 |
| Ricardo Perez | Pulmonologist | 40 | $504,207 |
| Jonathan Bankoff | Chairman Emergency Medicine | 40 | $501,396 |
| Justin Goralnik | Pulmonologist | 40 | $470,423 |
| Jeffrey Shelton | Chairman Dept Psych | 40 | $457,001 |
| Todd Bischop | Chief Dept of Med | 40 | $440,341 |
| Brian Mcguire | Physician | 40 | $423,850 |
| Donna Stroneski | Vp Human Resources | 40 | $421,429 |
| Kelly Haeckel | Vp Patient Care Svcs/cno | 40 | $391,175 |
| Laura Martino Left 122022 | Former Key Employee | 40 | $370,265 |
| Leland Mckenna | Vp Planning & External Affairs | 40 | $322,825 |
| Justin Drew | Vp Ambulatory & Clinical Svcs | 40 | $322,658 |
| Jesse Wagner Md | Former Key Employee | 40 | $206,816 |
| Chandler J Howard | Vice Chairman | 1 | — |
| Christine H Repasy | Director | 1 | — |
| Contractor | Services | Paid |
|---|---|---|
| Epic Systems | Technology Services | $5,024,701 |
| Quest Diagnostics Inc | Laboratory Services | $2,112,123 |
| Carousel Industries Inc | It Services | $1,942,316 |
| Eplus Technology | Technology Services | $1,502,028 |
| Mediately LLC | Marketing | $1,471,405 |
23 grants to Middlesex Hospital totaling $303K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Mayo Clinic | Support charitable programs | 2024 | $10,000 |
| The Rhode Island Community Foundation | Hl - healthy lives (primary) | 2024 | $7,500 |
| Mayo Clinic | Support charitable programs | 2023 | $27,500 |
| Donor Advised Charitable Giving | Health | 2023 | $17,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $9,350 |
| The Rhode Island Community Foundation | General operating support | 2022 | $7,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $6,600 |
| Donor Advised Charitable Giving | Health | 2022 | $5,750 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2022 | $5,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $18,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $11,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $11,000 |
| The Rhode Island Community Foundation | General support | 2021 | $7,500 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2020 | $14,500 |
| Mayo Clinic | Support charitable programs | 2020 | $12,050 |
6 grants totaling $143K in FY2023. All grants made by Middlesex Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Middlesex County Chamber of Commerce Inc | General support | $65,100 |
| Connecticut State Golf Association Inc | Csga sponsorship | $35,000 |
| Varsity Communications Inc | 2024 ct golf show sponsorship | $17,000 |
| Health Assistance Intervention Education Network For Connecticut | General support | $10,000 |
| Community Foundation of Middlesex County Inc | 2024 becky thatcher river cruise support | $10,000 |
| St Vincent Depaul Place Middletown Inc | General support | $5,490 |
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Data for Middlesex Hospital (EIN 06-0646718) 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.