Trinity Health of New England Corporation Inc
76% goes to programs Thin reserves
Trinity Health of New England Corporation Inc is a 501(c)(3) organization based in Hartford, Connecticut, registered in 1946, with $205,361,822 in FY2023 revenue. CharityIndex grades it C+, and it directs about 76% of spending to programs.
114 Woodland St Ms 5-103-58, Hartford, CT, 06105 EIN 06-1491191 Since 1946
Revenue (FY2023)
$205.4M
▼ 11.1% vs prior year
Health median: $840K
Expenses (FY2023)
$205.3M
Net assets
-$6.7M
Employees
9,115
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating76% 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 Trinity Health of New England Corporation Inc: 76% to programs earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +0% 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 Trinity Health of New England Corporation Inc: 0 mo reserves · +0% margin earns a D 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 Trinity Health of New England Corporation Inc: 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 Trinity Health of New England Corporation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide health care system management and support
Contact & location
- Address
- 114 Woodland St Ms 5-103-58, Hartford, CT, 06105
- City
- Hartford
- State
- Connecticut
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $350K (FY2013) to $205.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $555.0MNet assets -$6.7M
Operating margin
0.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$548.3M
Total liabilities
$555.0M
Net assets
-$6.7M
Salaries & benefits
$79.6M
39% of expenses
Board members
14
11 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $205,361,822▼11.1% | $205,306,638▼14.1% | -$6,694,458▲64.3% | $548,315,541▼1.9% | 990 |
| 2022 | $230,952,220▼5.9% | $239,038,425▲2.0% | -$18,728,492▲94.4% | $558,926,740▲0.7% | 990 |
| 2021 | $245,426,062▲3.4% | $234,311,286▼1.8% | -$337,450,146▼385% | $555,288,962▼18.8% | 990 |
| 2020 | $237,315,884▼5.8% | $238,544,919▼4.4% | -$69,633,416▼26.8% | $683,679,706▲3.9% | 990 |
| 2019 | $251,840,818▲12.0% | $249,443,066▲10.0% | -$54,929,101▼50.9% | $658,047,910▲71.5% | 990 |
| 2018 | $224,778,195▲4.7% | $226,790,424▲4.7% | -$36,406,558▼65.1% | $383,797,982▼11.4% | 990 |
| 2017 | $214,630,705▲91.4% | $216,696,922▲91.2% | -$22,057,607▼1457% | $433,272,010▼4.3% | 990 |
| 2016 | $112,136,179 | $113,311,376▲47434% | $1,625,442▼90.2% | $452,869,504▲2634% | 990 |
| 2014 | $0▼100% | $238,381 | $16,562,041▲4.5% | $16,562,041▲4.5% | 990 |
| 2013 | $350,000 | $0▼100% | $15,847,219▲2.3% | $15,847,219▲2.3% | 990 |
| 2012 | — | $350,000 | $15,497,219▼2.2% | $15,497,219▼2.2% | 990 |
| 2011 | — | $0 | $15,847,219 | $15,847,219 | 990 |
| 2010 | — | $0 | $15,847,219 | $15,847,219 | 990 |
| 2009 | — | $0 | $15,847,219 | $15,847,219 | 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: Danyal Ibrahim — $407,355 (0.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Danyal Ibrahim | Former Highest Compensated Emp. | 0 | $407,355 |
| Sheri Lemieux | Asst Secy; Assistant To Pres/ceo | 35 | $109,978 |
| Arosha Jayawickrema | Director As of 1/24 | 1 | — |
| Barbara Mullen Csj | Director | 1 | — |
| Catherine Spath Md | Director, Medical Staff President | 1 | — |
| David Bittner | Former Officer | 0 | — |
| Emily Brower | Director; Trinity Svp Clinical Intg | 1 | — |
| Gregory Davis | Director Through 12/23 | 1 | — |
| James Smith | Director; Chair Through 12/23 | 1 | — |
| Jennifer Schneider | Former Officer | 0 | — |
| Joann Price | Dir V Chr Through 12/23; Chr At 1/24 | 1 | — |
| John Kinney | Director As of 1/24 | 1 | — |
| Joyce Mandell | Director Through 12/23 | 1 | — |
| Karl Krapek | Director | 1 | — |
| Lisa Zapatka | Chief Nursing Officer | 50 | — |
| Maureen Lanzoni | Chief Human Resources Officer | 50 | — |
| Michelle Theroux | Director | 1 | — |
| Mike Ryan | Regional Vp of Finance | 40 | — |
| Montez Carter | Director; President/ceo | 50 | — |
| Most Rev Juan Miguel Betancourt | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Network Design & Construction | Construction Services | $3,313,334 |
| The Csi Companies Inc | Consulting Services | $2,297,546 |
| Healthrise | Revenue Cycle Services | $1,217,047 |
| Windstream Enterprise | It Services | $897,231 |
| Chimenet Inc | It Services | $792,015 |
Grants received · $608K total
6 grants to Trinity Health of New England Corporation Inc totaling $608K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Trinity Health Corporation | Community welfare - it starts here grant | 2020 | $60,000 |
| American Online Giving Foundation Inc | General support | 2020 | $50,000 |
| American Online Giving Foundation Inc | General support | 2020 | $50,000 |
| Trinity Health Corporation | Community welfare - transforming communities initiative grant | 2019 | $200,000 |
| Trinity Health Corporation | Community welfare - transforming communities initiative grant | 2018 | $196,325 |
| Trinity Health Corporation | Community welfare - transforming communities initiative grant | 2017 | $52,166 |
Grants made · $94K in FY2023
2 grants totaling $94K in FY2023. All grants made by Trinity Health of New England Corporation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Hartford Roman Catholic Diocesan Corporation | Malta house of care medical clinic | $84,000 |
| Paradigm For Parity Inc | General support | $10,000 |
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Frequently asked questions
- Is Trinity Health of New England Corporation Inc a legitimate nonprofit?
- Yes. Trinity Health of New England Corporation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1491191, based in Hartford, Connecticut. Donations are tax-deductible.
- What is Trinity Health of New England Corporation Inc's EIN?
- Trinity Health of New England Corporation Inc's Employer Identification Number (EIN) is 06-1491191.
- How much revenue does Trinity Health of New England Corporation Inc report?
- Trinity Health of New England Corporation Inc reported $205,361,822 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Trinity Health of New England Corporation Inc's spending goes to programs?
- Trinity Health of New England Corporation Inc spends about 76% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Trinity Health of New England Corporation Inc have?
- CharityIndex grades Trinity Health of New England Corporation Inc C+, based on program efficiency and fundraising cost.
- How much does Trinity Health of New England Corporation Inc's highest-paid employee make?
- The highest reported compensation on Trinity Health of New England Corporation Inc's latest Form 990 is $407,355, paid to Danyal Ibrahim (Former Highest Compensated Emp.).
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Data for Trinity Health of New England Corporation Inc (EIN 06-1491191) 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.