Sturdy Memorial Hospital
86% goes to programs Strong reserves
Sturdy Memorial Hospital is a 501(c)(3) organization based in Attleboro, Massachusetts, registered in 1982, with $296,170,067 in FY2023 revenue. CharityIndex grades it A, and it directs about 86% of spending to programs.
211 Park St, Attleboro, MA, 02703 EIN 04-2768252 Since 1982
Revenue (FY2023)
$296.2M
▲ 2.0% vs prior year
Health median: $840K
Expenses (FY2023)
$291.3M
Net assets
$557.5M
Employees
1,917
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 rating86% 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 Sturdy Memorial Hospital: 86% to programs earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating23 mo reserves · +2% 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 Sturdy Memorial Hospital: 23 mo reserves · +2% 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 Sturdy Memorial 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 Sturdy Memorial Hospital: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Providing safe, high quality, cost efficient health care, and a broad (continued on sch o).range of diagnostics, inpatient, outpatient and emergency services for our community.
Contact & location
- Address
- 211 Park St, Attleboro, MA, 02703
- City
- Attleboro
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $180.2M (FY2013) to $296.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $103.1MNet assets $557.5M
Operating margin
1.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$660.6M
Total liabilities
$103.1M
Net assets
$557.5M
Salaries & benefits
$151.6M
52% of expenses
Board members
15
13 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $296,170,067▲2.0% | $291,294,067▲1.9% | $557,518,472▲12.4% | $660,621,287▲21.4% | 990 |
| 2022 | $290,221,417▲4.2% | $285,733,561▲7.9% | $495,829,045▲10.0% | $544,242,567▲10.0% | 990 |
| 2021 | $278,647,434▲1.6% | $264,782,693▲5.2% | $450,718,955▼12.5% | $494,641,614▼13.5% | 990 |
| 2020 | $274,264,113▲13.1% | $251,725,014▲10.2% | $514,939,704▲25.6% | $572,094,227▲21.1% | 990 |
| 2019 | $242,480,770▲4.2% | $228,515,077▲6.7% | $409,982,036▲2.0% | $472,355,538▲7.2% | 990 |
| 2018 | $232,739,013▲14.5% | $214,188,640▲14.9% | $402,026,349▼7.5% | $440,585,898▼5.9% | 990 |
| 2017 | $203,307,395▲7.7% | $186,371,230▲4.5% | $434,652,388▲6.9% | $468,076,226▲6.7% | 990 |
| 2016 | $188,715,318▲5.8% | $178,305,362▲11.9% | $406,707,907▲16.5% | $438,805,702▲13.4% | 990 |
| 2015 | $178,385,324▲4.0% | $159,301,098▲3.1% | $349,035,932▲4.7% | $386,969,920▲6.0% | 990 |
| 2014 | $171,584,426▼4.8% | $154,481,875▲3.9% | $333,326,605▼6.5% | $364,918,137▼6.1% | 990 |
| 2013 | $180,214,790 | $148,738,058▼0.3% | $356,608,690▲6.7% | $388,607,249▲6.6% | 990 |
| 2012 | — | $149,233,413▼2.0% | $334,310,564▲28.6% | $364,525,742▲25.3% | 990 |
| 2011 | — | $152,272,542▲3.4% | $260,027,918▲13.2% | $290,840,231▲10.8% | 990 |
| 2010 | — | $147,257,706▲0.1% | $229,765,862▼3.0% | $262,432,874▼0.4% | 990 |
| 2009 | — | $147,178,744 | $236,786,973 | $263,438,591 | 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: Nithin Karanth Md — $981,132 (0.34% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Nithin Karanth Md | Physician Director (as of 01/2024) | 42 | $981,132 |
| Aimee Brewer | President & Ceo | 37 | $911,626 |
| Wayne Gietz | Evp/coo | 20 | $621,679 |
| Brian Patel Md | Physician | 40 | $620,620 |
| Amy Pfeffer | Cfo & Treasurer | 35 | $604,369 |
| Ronald Van Ness-otunnu Md | Physician Director (thru 12/2023) | 42 | $499,962 |
| Mark Mcguire Md | Physician | 40 | $435,395 |
| Natalie Cook | Chief Human Resources Officer | 45 | $423,125 |
| Denis Tanguay | Vp, Chief Information Officer | 45 | $405,391 |
| Alicia Blazejewski Md | Physician | 40 | $383,290 |
| Justine Zilliken | Chief Strategy Officer | 40 | $375,467 |
| Robin Morris | Svp of Clinical Ops & Integrity | 45 | $350,819 |
| Brian Kelly Md | Former Vp/physician | 40 | $297,745 |
| Lisa Salameh | Svp For Patient Svcs. & Cno | 45 | $245,909 |
| David Spoor | Former Svp Patient Srvs/cno | 0 | $190,615 |
| Andy Beise | Director (as of 01/2024) | 2 | — |
| Cathleen Desimone | Director | 2 | — |
| Dennis Kelly | Director (thru 12/2023) | 2 | — |
| Dennis Leahy | Director (as of 01/2024) | 2 | — |
| Donna N Kimmel | Director/chair (as of 01/2024) | 2 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Aya Healthcare Inc | Contract Labor | $5,350,354 |
| Nbbj LP | Architects | $4,626,911 |
| Kaufman Hall & Associates LLC | Consulting | $3,770,021 |
| Atlantic Anesthesia PC | Physician Services | $2,310,000 |
| Arup Laboratories Inc | Reference Labs | $1,069,762 |
Grants received · $42K total
3 grants to Sturdy Memorial Hospital totaling $42K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Medical / public services | 2024 | $10,000 |
| Donor Advised Charitable Giving | Health | 2023 | $8,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $24,449 |
Grants made · $18.1M in FY2023
3 grants totaling $18.1M in FY2023. All grants made by Sturdy Memorial Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Sturdy Health Inc | General support | $18,076,962 |
| City of Attleboro | Community support | $15,000 |
| Attleboro Area Council of Churches Inc | Community support | $6,000 |
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Frequently asked questions
- Is Sturdy Memorial Hospital a legitimate nonprofit?
- Yes. Sturdy Memorial Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2768252, based in Attleboro, Massachusetts. Donations are tax-deductible.
- What is Sturdy Memorial Hospital's EIN?
- Sturdy Memorial Hospital's Employer Identification Number (EIN) is 04-2768252.
- How much revenue does Sturdy Memorial Hospital report?
- Sturdy Memorial Hospital reported $296,170,067 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Sturdy Memorial Hospital's spending goes to programs?
- Sturdy Memorial Hospital spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Sturdy Memorial Hospital have?
- CharityIndex grades Sturdy Memorial Hospital A, based on program efficiency and fundraising cost.
- How much does Sturdy Memorial Hospital's highest-paid employee make?
- The highest reported compensation on Sturdy Memorial Hospital's latest Form 990 is $981,132, paid to Nithin Karanth Md (Physician Director (as of 01/2024)).
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Data for Sturdy Memorial Hospital (EIN 04-2768252) 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.