Solutionhealth
91% goes to programs Growing revenue
Solutionhealth is a 501(c)(3) organization based in Bedford, New Hampshire, registered in 2019, with $158,374,673 in FY2023 revenue. CharityIndex grades it A, and it directs about 91% of spending to programs.
360 Route 101 Ste 8, Bedford, NH, 03110 EIN 83-0741190 Since 2019
Revenue (FY2023)
$158.4M
▲ 13.6% vs prior year
Health median: $840K
Expenses (FY2023)
$165.0M
Net assets
$36.0M
Employees
1,022
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 rating91% to programs
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 Solutionhealth: 91% to programs earns a A+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 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 Solutionhealth: 3 mo reserves · -4% 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 Solutionhealth: 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 Solutionhealth: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To support and facilitate an integrated community-based, regional health care delivery system among the southern new hampshire and elliot hospital systems.
Contact & location
- Address
- 360 Route 101 Ste 8, Bedford, NH, 03110
- City
- Bedford
- State
- New Hampshire
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $319K (FY2018) to $158.4M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $33.7MNet assets $36.0M
Operating margin
-4.2%
Spent more than it raised in the latest fiscal year.
Total assets
$69.7M
Total liabilities
$33.7M
Net assets
$36.0M
Salaries & benefits
$97.4M
59% of expenses
Board members
10
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $158,374,673▲13.6% | $164,999,950▲16.6% | $35,964,495▲32.8% | $69,653,141▲33.1% | 990 |
| 2022 | $139,475,176▲1.8% | $141,501,590▲2.4% | $27,089,772▲251% | $52,329,934▼14.3% | 990 |
| 2021 | $136,993,038▲46.0% | $138,186,899▲47.2% | $7,724,367▼13.4% | $61,075,440▲41.1% | 990 |
| 2020 | $93,816,355▲343% | $93,850,857▲342% | $8,918,228▲173% | $43,298,954▲208% | 990 |
| 2019 | $21,174,050▲6541% | $21,245,627▲6564% | $3,269,857 | $14,038,238 | 990 |
| 2018 | $318,820 | $318,820 | $0 | $0 | 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: Brad Kreick — $1,269,289 (0.77% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brad Kreick | Solutionhealth Ceo (end 4/2024) | 41 | $1,269,289 |
| Michael Turilli | Svp/cfo | 41 | $597,609 |
| John E Friberg Jr | Interim Ceo of Sh | 40 | $568,294 |
| Jason Elliot | Svp/chief Human Resources Officer | 40 | $428,419 |
| Debra Dulac | Svp/chief Information Officer | 40 | $410,130 |
| Mary Guarino | Vp Revenue Cycle | 40 | $285,370 |
| Alisha Feightner | Vp Operational Excellence | 40 | $285,084 |
| Isideal Cuko | Chief Operating Officer | 40 | $278,542 |
| Bobbie Bagley | Trustee | 1 | — |
| Charla Stevens Esq | Trustee/vice Chair | 1 | — |
| Charles Rolecek | Trustee (start 4/2024) | 1 | — |
| Clifford Kinghorn | Trustee/chair | 1 | — |
| Colin Mchugh | Snhhs President/ceo | 1 | — |
| David Bellman | Trustee (end 3/2024) | 1 | — |
| Dianne Mercier | Trustee | 1 | — |
| Howard Brodsky | Trustee | 1 | — |
| Martha E O'neill | Trustee | 1 | — |
| Paul W Hoff Phd | Trustee (end 2/2024) | 1 | — |
| Stephen Loosigian Do | Trustee/secretary | 1 | — |
| Timothy Whitaker | Trustee/treasurer | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Eclipse Insights LLC | Revenue Cycle Management | $2,631,838 |
| Bca Financial Services Inc | Business Management Services | $1,760,793 |
| Workday Inc | Fiancial Management Services | $1,536,246 |
| Clinical Financial Resource Inc | Coding Services | $1,188,944 |
| Echostor Technologies Inc | Software Services | $963,029 |
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Frequently asked questions
- Is Solutionhealth a legitimate nonprofit?
- Yes. Solutionhealth is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 83-0741190, based in Bedford, New Hampshire. Donations are tax-deductible.
- What is Solutionhealth's EIN?
- Solutionhealth's Employer Identification Number (EIN) is 83-0741190.
- How much revenue does Solutionhealth report?
- Solutionhealth reported $158,374,673 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Solutionhealth's spending goes to programs?
- Solutionhealth spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Solutionhealth have?
- CharityIndex grades Solutionhealth A, based on program efficiency and fundraising cost.
- How much does Solutionhealth's highest-paid employee make?
- The highest reported compensation on Solutionhealth's latest Form 990 is $1,269,289, paid to Brad Kreick (Solutionhealth Ceo (end 4/2024)).
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Data for Solutionhealth (EIN 83-0741190) 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.