Monadnock Community Hospital
89% goes to programs $81 to raise $100 Strong reserves Growing revenue
Monadnock Community Hospital is a 501(c)(3) organization based in Peterborough, New Hampshire, registered in 1946, with $128,008,734 in FY2023 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
452 Old Street Rd, Peterborough, NH, 03458 EIN 02-0222157 Since 1946
Revenue (FY2023)
$128.0M
▲ 11.9% vs prior year
Health median: $840K
Expenses (FY2023)
$122.3M
Net assets
$146.2M
Employees
687
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating89% to programs · $81 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 Monadnock Community Hospital: 89% to programs · $81 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating14 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 Monadnock Community Hospital: 14 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 Monadnock Community Hospital: 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 Monadnock Community Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Critical access hospital serving the monadnock region of the state of new hampshire
Contact & location
- Address
- 452 Old Street Rd, Peterborough, NH, 03458
- City
- Peterborough
- State
- New Hampshire
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $81.9M (FY2013) to $128.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $57.0MNet assets $146.2M
Operating margin
4.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$203.2M
Total liabilities
$57.0M
Net assets
$146.2M
Salaries & benefits
$57.6M
47% of expenses
Board members
18
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $128,008,734▲11.9% | $122,252,408▲13.9% | $146,206,600▲22.4% | $203,243,687▲14.0% | 990 |
| 2022 | $114,350,269▲8.6% | $107,296,594▲8.6% | $119,406,431▲16.5% | $178,215,506▲8.4% | 990 |
| 2021 | $105,277,810▲4.1% | $98,839,362▲8.9% | $102,521,457▼9.0% | $164,422,071▼6.5% | 990 |
| 2020 | $101,127,836▼1.9% | $90,782,480▼1.4% | $112,720,758▲29.0% | $175,868,092▲6.2% | 990 |
| 2019 | $103,082,260▲6.8% | $92,089,045▼5.2% | $87,413,325▲8.9% | $165,576,325▲21.0% | 990 |
| 2018 | $96,510,126▼5.1% | $97,125,282▲3.8% | $80,246,461▲3.0% | $136,807,429▲5.1% | 990 |
| 2017 | $101,747,336▲14.7% | $93,596,469▲7.6% | $77,913,508▲13.4% | $130,171,265▲6.4% | 990 |
| 2016 | $88,671,378▲6.4% | $86,996,034▲4.6% | $68,734,158▲11.7% | $122,356,088▲9.0% | 990 |
| 2015 | $83,330,730▲4.5% | $83,174,506▲3.6% | $61,511,660▲3.9% | $112,294,272▲4.1% | 990 |
| 2014 | $79,766,923▼2.6% | $80,307,776▲1.1% | $59,192,339▼0.3% | $107,855,800▲3.2% | 990 |
| 2013 | $81,905,350 | $79,395,430▲2.9% | $59,374,826▲9.9% | $104,528,486▲5.1% | 990 |
| 2012 | — | $77,174,557▼2.7% | $54,010,293▲14.7% | $99,482,264▲7.8% | 990 |
| 2011 | — | $79,301,069▲7.3% | $47,081,310▲2.8% | $92,323,694▲3.1% | 990 |
| 2010 | — | $73,935,411▲1.6% | $45,812,948▲4.8% | $89,519,561▲1.3% | 990 |
| 2009 | — | $72,752,874 | $43,719,669 | $88,337,402 | 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: Vache Hambardzumyan Md — $596,287 (0.49% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Vache Hambardzumyan Md | Physician | 41.5 | $596,287 |
| Terrence Mcnamara Do | Trustee/physician | 41.5 | $455,080 |
| Daniel Perli Md | Physician/chief Medical Officer | 50 | $442,753 |
| Derek Anderson Md | Physician | 41.5 | $436,575 |
| Cynthia Mcguire | Chief Executive Officer | 55 | $435,263 |
| Shawn Harrington Md | Physician | 41.5 | $401,907 |
| Dmitry Tarasevich Md | Physician | 41.5 | $396,554 |
| Richard D Scheinblum | Vp Finance/cfo | 50 | $287,766 |
| Alexander J Walker Esq | Ex-officio (voting) (end 3/2024) | 3 | — |
| Carolyn Garretson | Trustee | 3 | — |
| Casandra Clark | Trustee | 3 | — |
| Ed Madigan | Trustee (start 1/2024) | 3 | — |
| Eric Lasky Md | Ex-officio (voting) | 3 | — |
| Greg Neilley Md | Trustee (start 1/2024) | 3 | — |
| Iris Waitt | Trustee | 3 | — |
| James Callahan Esq | Chair (end 1/2024); Trustee | 3 | — |
| Jeffrey R Crocker Esq | Trustee | 3 | — |
| Leslie Lewis | Trustee | 3 | — |
| Michael Shea | Trustee (end 1/2024) | 3 | — |
| Patricia Shuster | Clerk | 3 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Catholic Medical Center | Contract Physician and Lab Services | $2,924,273 |
| Monadnock Region Emergency Physicians Pl | Contract Emergency Physician Group | $2,662,000 |
| Ahsa LLC | Contract Staffing Group | $1,955,794 |
| Hutter Construction Corp | General Contractor | $1,809,236 |
| Caring Nurses Staffing Agency LLC | Contract Staffing Group | $1,519,407 |
Grants received · $765K total
19 grants to Monadnock Community Hospital totaling $765K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| New Hampshire Charitable Foundation | For designated distribution, general support | 2024 | $9,132 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $61,290 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $43,850 |
| New Hampshire Charitable Foundation | For desi dist, general support, laboratory facility improvements | 2022 | $19,894 |
| Donor Advised Charitable Giving | Health | 2022 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $71,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $71,200 |
| New Hampshire Charitable Foundation | For designated dist., general/annual support | 2021 | $32,786 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $87,550 |
| New Hampshire Charitable Foundation | For general support and designated distributions | 2020 | $29,741 |
| Mary Hitchcock Memorial Hospital | Program support | 2019 | $118,968 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $58,650 |
| Dartmouth-hitchcock Clinic | Program support | 2019 | $46,266 |
| New Hampshire Charitable Foundation | For designated distributions, nursing education and for general support | 2018 | $28,442 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $28,350 |
Grants made · $32K in FY2023
3 grants totaling $32K in FY2023. All grants made by Monadnock Community Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Town of Peterborough | For the benefit of the peterborough ambulance | $15,000 |
| Contoocook Valley School District | Support the hope squad basic program | $8,693 |
| Community Volunteer Transportation Company | Support no-fee transportation to those in need in the monadnock region | $8,000 |
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Frequently asked questions
- Is Monadnock Community Hospital a legitimate nonprofit?
- Yes. Monadnock Community Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0222157, based in Peterborough, New Hampshire. Donations are tax-deductible.
- What is Monadnock Community Hospital's EIN?
- Monadnock Community Hospital's Employer Identification Number (EIN) is 02-0222157.
- How much revenue does Monadnock Community Hospital report?
- Monadnock Community Hospital reported $128,008,734 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Monadnock Community Hospital's spending goes to programs?
- Monadnock Community Hospital spends about 89% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Monadnock Community Hospital have?
- CharityIndex grades Monadnock Community Hospital A, based on program efficiency and fundraising cost.
- How much does Monadnock Community Hospital's highest-paid employee make?
- The highest reported compensation on Monadnock Community Hospital's latest Form 990 is $596,287, paid to Vache Hambardzumyan Md (Physician).
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Data for Monadnock Community Hospital (EIN 02-0222157) 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.