Southern New Hampshire Medical Center
88% goes to programs $0 to raise $100 Strong reserves Growing revenue
Southern New Hampshire Medical Center is a 501(c)(3) organization based in Nashua, New Hampshire, registered in 1995, with $380,379,344 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
8 Prospect St, Nashua, NH, 03060 EIN 02-0483054 Since 1995
Revenue (FY2023)
$380.4M
▲ 21.5% vs prior year
Health median: $840K
Expenses (FY2023)
$332.9M
Net assets
$272.4M
Employees
1,812
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating88% to programs · $0 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 Southern New Hampshire Medical Center: 88% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +12% 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 Southern New Hampshire Medical Center: 10 mo reserves · +12% 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 Southern New Hampshire 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 Southern New Hampshire Medical Center: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Southern new hampshire medical center is dedicated to providing exceptional care that improves the health and well-being of individuals and communities we serve.
What they do
Charity care ($7,976,206) and other uncompensated care ($696,668) at cost.
Community health services and health professional education.
Contact & location
- Address
- 8 Prospect St, Nashua, NH, 03060
- City
- Nashua
- State
- New Hampshire
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $215.9M (FY2013) to $380.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $158.9MNet assets $272.4M
Operating margin
12.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$431.3M
Total liabilities
$158.9M
Net assets
$272.4M
Salaries & benefits
$137.4M
41% of expenses
Board members
15
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $380,379,344▲21.5% | $332,904,426▲12.9% | $272,419,098▲10.0% | $431,302,604▲4.6% | 990 |
| 2022 | $313,157,281▼0.2% | $294,741,343▲12.4% | $247,696,767▼7.0% | $412,365,259▼5.6% | 990 |
| 2021 | $313,798,950▲10.0% | $262,122,124▲6.3% | $266,341,756▼15.8% | $437,025,715▼12.6% | 990 |
| 2020 | $285,384,127▲8.8% | $246,609,751▲10.7% | $316,153,280▲21.5% | $499,808,183▲7.5% | 990 |
| 2019 | $262,407,741▼0.9% | $222,857,131▲6.3% | $260,296,738▼4.6% | $464,724,660▲12.2% | 990 |
| 2017 | $264,814,323▲8.1% | $209,581,061▲6.7% | $272,750,495▲11.0% | $414,067,791▲2.3% | 990 |
| 2016 | $244,908,667▲4.6% | $196,359,853▲4.8% | $245,657,739▲19.7% | $404,931,478▲6.2% | 990 |
| 2015 | $234,028,646▲10.8% | $187,439,720▲2.1% | $205,286,525▲7.3% | $381,247,568▲9.2% | 990 |
| 2014 | $211,216,357▼2.2% | $183,534,380▲3.6% | $191,404,505▼4.2% | $349,230,949▼0.2% | 990 |
| 2013 | $215,938,950 | $177,134,985▲3.6% | $199,811,549▲7.9% | $349,867,545▲4.5% | 990 |
| 2012 | — | $170,943,847▼0.9% | $185,232,927▲20.9% | $334,813,337▲6.9% | 990 |
| 2011 | — | $172,428,448▼17.8% | $153,181,688▲8.2% | $313,156,702▲15.3% | 990 |
| 2009 | — | $209,642,449 | $141,557,279 | $271,630,304 | 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: Colin T Mchugh — $724,184 (0.22% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Colin T Mchugh | Snhmc President/ceo/secretary | 43 | $724,184 |
| Joseph M Leahy Do | Physician | 40 | $502,394 |
| Brett Sweeney Md | Trustee | 42 | $397,036 |
| Patrick Lee Md | Physician | 40 | $369,890 |
| Linda Hatch Md | Physician | 40 | $361,322 |
| Steven D Salhanick | Physician | 40 | $353,101 |
| Susan T Santana | Svp/chief Nursing Officer | 40 | $352,689 |
| Marc Sadowsky | Trustee | 2 | $70,574 |
| Alonzo Deberry | Trustee | 2 | — |
| Bobbie D Bagley | Vice Chair | 2 | — |
| Craig Fitzgerald | Chair | 2 | — |
| Eitan Zeira | Trustee | 2 | — |
| Helen Honorow Esq | Trustee | 2 | — |
| John Friberg Esq | Interim Ceo, Solutionhealth | 2 | — |
| Karen Maynard Md | Trustee | 2 | — |
| K Brian Mclaughlin | Trustee | 2 | — |
| Kenneth Matsis | Vp Finance, Southern Nh Health | 40 | — |
| Mark William Begor Jr | Treasurer | 2 | — |
| Melliyal Annamalai | Trustee | 2 | — |
| Michael Turilli | Svp/cfo, Solutionhealth | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aya Healthcare Inc | Healthcare Staffing | $11,155,576 |
| Weatherby Locums Inc | Healthcare Staffing | $1,326,905 |
| Mass General Physicians Organization | Physician Services | $1,265,422 |
| Jim Allard Contracting | Construction | $1,176,797 |
| Granite State Plumbing and Heating LLC | Plumbing and Heating Services | $1,083,885 |
Grants received · $88K total
4 grants to Southern New Hampshire Medical Center totaling $88K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| St Joseph Hospital of Nashua Nh | Support for the medical center. | 2023 | $25,000 |
| St Joseph Hospital of Nashua Nh | Prescription assistance | 2020 | $25,096 |
| St Joseph Hospital of Nashua Nh | Prescription assistance | 2019 | $25,000 |
| Donor Advised Charitable Giving | Health | 2019 | $12,500 |
Grants made · $71K in FY2019
1 grant totaling $71K in FY2019. All grants made by Southern New Hampshire Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Legacy Trust of Southern New Hampshire Health Inc | To further efforts to support the southern nh health system. | $71,121 |
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Frequently asked questions
- Is Southern New Hampshire Medical Center a legitimate nonprofit?
- Yes. Southern New Hampshire Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0483054, based in Nashua, New Hampshire. Donations are tax-deductible.
- What is Southern New Hampshire Medical Center's EIN?
- Southern New Hampshire Medical Center's Employer Identification Number (EIN) is 02-0483054.
- How much revenue does Southern New Hampshire Medical Center report?
- Southern New Hampshire Medical Center reported $380,379,344 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Southern New Hampshire Medical Center's spending goes to programs?
- Southern New Hampshire Medical Center spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Southern New Hampshire Medical Center have?
- CharityIndex grades Southern New Hampshire Medical Center A, based on program efficiency and fundraising cost.
- How much does Southern New Hampshire Medical Center's highest-paid employee make?
- The highest reported compensation on Southern New Hampshire Medical Center's latest Form 990 is $724,184, paid to Colin T Mchugh (Snhmc President/ceo/secretary).
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Data for Southern New Hampshire Medical Center (EIN 02-0483054) 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.