Midstate Medical Center
92% goes to programs $105 to raise $100 Strong reserves
Midstate Medical Center is a 501(c)(3) organization based in Hartford, Connecticut, registered in 1923, with $443,370,802 in FY2023 revenue. CharityIndex grades it C+, and it directs about 92% of spending to programs.
80 Seymour St, Hartford, CT, 06102 EIN 06-0646715 Since 1923
Revenue (FY2023)
$443.4M
▼ 7.3% vs prior year
Health median: $840K
Expenses (FY2023)
$426.6M
Net assets
$323.2M
Employees
1,932
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →DProgram efficiency40% of the rating92% to programs · $105 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 Midstate Medical Center: 92% to programs · $105 to raise $100 earns a D on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +4% 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 Midstate Medical Center: 9 mo reserves · +4% margin earns a A 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 Midstate 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 Midstate Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
The mission of midstate medical center is to improve the health and healing of the people and communities we serve.
What they do
Gastroenterology:the digestive health center of midstate medical center (the center) is a dedicated hospital center by board certified gastroenterologists and is located on the hospital's main campus. for patients in central connecticut, the center is a comprehensive resource for the prevention, diagnosis and treatment of a full range of gastrointestinal disorders that affect the stomach, colon and digestive tract.the staff provides expert care to all of our patients and work together to provide a seamless transition from pre-procedure to procedure and room to home. our staff ensures that each patient has a visit that is as pleasant and comfortable as possible. we care for inpatients as well as an outpatient population.the center provides upper services such endoscopies and colonoscopies as well as radiofrequency ablation for patients with high grade barrett's esophagus, and ercp (endoscopic retrograde cholangiopancreatogram). pulmonologist's frequent our department as we continue to care for patients having bronchoscope procedures. some other conditions treated at the center include: ulcerative colitis; gerd (heartburn); diverticulitis; irritable bowel syndrome; crohn's disease; barrett's esophagus; and colon cancer.for fy24, the center had 13,648 cases with an average length of stay of 3.2 days.
Orthopedic spine conditions:midstate spine care brings together the expertise of specialists in orthopedic spine surgery, neurosurgery, pain medicine, physical medicine, rehabilitation and rheumatology to offer patients with back and neck pain the most comprehensive, effective medical and surgical treatment options.whenever possible, our physicians will prescribe conservative, nonsurgical treatment to get you back to your life quickly and safely.for some problems, however, surgery is the best solution, and midstate offers the clinical expertise and a wide variety of options for even the most difficult spine conditions. midstate medical center's spine surgery program has earned distinction by the aetna institutes of quality and has been recognized for program excellence related to high-quality care and commitment to continuous improvement.the hospital spine center treats a variety of conditions including, but not limited to: *chronic back and neck pain *degenerative back and neck disorders *spondylolisthesis *spinal stenosis *disc herniation *chiari malformation *spinal fracture *deformities, including scoliosis and kyphosis *primary and metastatic spinal tumorsfor fy24, the center had 7,784 cases with an average length of stay of 3.2 days. during the previous fiscal year, the center employed 12 surgeons.
Contact & location
- Address
- 80 Seymour St, Hartford, CT, 06102
- City
- Hartford
- State
- Connecticut
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $230.2M (FY2013) to $443.4M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $194.0MNet assets $323.2M
Operating margin
3.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$517.2M
Total liabilities
$194.0M
Net assets
$323.2M
Salaries & benefits
$151.7M
36% of expenses
Board members
10
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $443,370,802▼7.3% | $426,648,757▼8.4% | $323,186,694▲7.4% | $517,182,671▲8.9% | 990 |
| 2022 | $478,470,804▲8.8% | $465,983,868▲9.9% | $300,891,867▼1.6% | $474,857,778▲1.6% | 990 |
| 2021 | $439,842,089▲7.2% | $424,155,725▲11.8% | $305,882,371▲10.6% | $467,211,742▲1.6% | 990 |
| 2020 | $410,150,277▲8.0% | $379,470,588▲6.4% | $276,483,229▲52.4% | $459,995,708▲14.3% | 990 |
| 2019 | $379,906,364▲18.7% | $356,518,886▲22.4% | $181,364,677▲15.1% | $402,305,670▲21.3% | 990 |
| 2018 | $320,059,067▲12.9% | $291,243,590▲9.8% | $157,588,942▲2.4% | $331,693,554▲8.9% | 990 |
| 2017 | $283,390,732▲22.0% | $265,279,078▲19.2% | $153,872,234▲25.7% | $304,607,474▲5.8% | 990 |
| 2016 | $232,310,545▼2.9% | $222,485,526▲2.6% | $122,382,874▲39.0% | $287,967,028▲4.4% | 990 |
| 2015 | $239,159,457▲2.8% | $216,926,035▲2.7% | $88,058,528▼1.6% | $275,954,166▲1.5% | 990 |
| 2014 | $232,747,203▲1.1% | $211,178,782▲1.2% | $89,482,222▼16.7% | $271,884,855▼1.7% | 990 |
| 2013 | $230,245,746 | $208,773,520▼2.4% | $107,441,592▼5.4% | $276,677,123▲1.3% | 990 |
| 2012 | — | $213,913,168▼9.1% | $113,586,026▲24.5% | $273,104,731▼6.7% | 990 |
| 2011 | — | $235,433,968▲12.4% | $91,260,037▲24.9% | $292,807,780▲18.6% | 990 |
| 2010 | — | $209,541,673▲7.0% | $73,069,764▼6.1% | $246,981,756▲2.1% | 990 |
| 2009 | — | $195,770,054 | $77,802,069 | $241,873,393 | 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: Manjunath Ramaiah Md — $664,109 (0.16% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Manjunath Ramaiah Md | Hospitalist | 60 | $664,109 |
| Timothy Pratt Md | Hospitalist | 60 | $582,050 |
| Andrew Metzger Md | Medical Director | 60 | $515,353 |
| Leslie Muska Md | Physician Assistant Pdm | 60 | $457,916 |
| Katherine Stettmeier Md | Hospitalist | 60 | $444,477 |
| Alex Toribio | Director | 1 | — |
| Ali Hemdan Md | Director (thru 09/2024) | 1 | — |
| Bruce Eldridge | Vice Chair | 2 | — |
| Cynthia Mccraven | Director | 1 | — |
| David Hyman Dds | Chair | 2 | — |
| David Silverman | Director | 1 | — |
| Doris Poma | Vp, Human Resources | 30 | — |
| Elizabeth Ciotti | Former Officer | 0 | — |
| Fred Sorbo III | Interim Vp, Finance (thru 12/23) | 30 | — |
| Gary Havican | Director/president (thru 02/2024) | 30 | — |
| Gina Calder | Director/president | 30 | — |
| Howard Boey Md | Director | 1 | — |
| Janette Edwards | Vp, Operations | 30 | — |
| Jeffrey Finkelstein Md | Dir./interim President (thru 08/24) | 30 | — |
| John Rathgeber | Director (thru 06/2024) | 0 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Shiftwise Inc (formerly Origin Inc) | Staffing Service | $17,866,224 |
| Radiology Services LLC | Medical Service | $15,165,863 |
| Morrison Management Sp Inc Acute Care | Food Service | $1,859,621 |
| Affiliated Physicians of the Ct Orthopae | Management Service | $1,787,413 |
| Berstein - Magoon -gay LLC | Laundry Service | $1,544,233 |
Grants received · $29K total
4 grants to Midstate Medical Center totaling $29K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| United Way Worldwide | Covid relief | 2022 | $10,095 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $6,150 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,450 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,450 |
Grants made · $45K in FY2023
4 grants totaling $45K in FY2023. All grants made by Midstate Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Teall Properties Group LLC | To support sponsorship of the ciac | $15,000 |
| The Southington-cheshire Community Ymcas Inc | To support the organizations dedication to youth development, healthy living and social resposibility through programs that build healthy spirit, mind and body for all. | $14,250 |
| Meriden Senior Center Div of City of Meriden Dep of Health and Human Ser | To support mental health event | $8,000 |
| Comunidad Hispana De Wallingford Inc | To support the spanish community of wallingford | $8,000 |
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Frequently asked questions
- Is Midstate Medical Center a legitimate nonprofit?
- Yes. Midstate Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-0646715, based in Hartford, Connecticut. Donations are tax-deductible.
- What is Midstate Medical Center's EIN?
- Midstate Medical Center's Employer Identification Number (EIN) is 06-0646715.
- How much revenue does Midstate Medical Center report?
- Midstate Medical Center reported $443,370,802 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Midstate Medical Center's spending goes to programs?
- Midstate Medical Center spends about 92% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Midstate Medical Center have?
- CharityIndex grades Midstate Medical Center C+, based on program efficiency and fundraising cost.
- How much does Midstate Medical Center's highest-paid employee make?
- The highest reported compensation on Midstate Medical Center's latest Form 990 is $664,109, paid to Manjunath Ramaiah Md (Hospitalist).
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Data for Midstate Medical Center (EIN 06-0646715) 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.