Weeks Medical Center
80% goes to programs $0 to raise $100 Strong reserves Growing revenue
Weeks Medical Center is a 501(c)(3) organization based in Lancaster, New Hampshire, registered in 1946, with $95,630,825 in FY2023 revenue. CharityIndex grades it A, and it directs about 80% of spending to programs.
173 Middle St, Lancaster, NH, 03584 EIN 02-0222242 Since 1946
Revenue (FY2023)
$95.6M
▲ 10.0% vs prior year
Health median: $840K
Expenses (FY2023)
$93.2M
Net assets
$51.8M
Employees
377
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
B+Program efficiency40% of the rating80% 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 Weeks Medical Center: 80% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating7 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 Weeks Medical Center: 7 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 Weeks Medical Center: 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 Weeks Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To provide high quality and efficient health care services.
Contact & location
- Address
- 173 Middle St, Lancaster, NH, 03584
- City
- Lancaster
- State
- New Hampshire
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $42.2M (FY2013) to $95.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $18.0MNet assets $51.8M
Operating margin
2.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$69.8M
Total liabilities
$18.0M
Net assets
$51.8M
Salaries & benefits
$38.0M
41% of expenses
Board members
9
7 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $95,630,825▲10.0% | $93,243,651▲5.8% | $51,753,839▲5.8% | $69,767,089▼2.6% | 990 |
| 2022 | $86,911,429▲14.1% | $88,104,263▲20.3% | $48,927,638▼2.7% | $71,649,472▼6.4% | 990 |
| 2021 | $76,173,363▲10.0% | $73,262,968▲15.3% | $50,275,689▼4.8% | $76,551,082▼17.9% | 990 |
| 2020 | $69,251,055▲12.3% | $63,519,364▲12.7% | $52,834,536▲16.9% | $93,203,469▲0.6% | 990 |
| 2019 | $61,689,865▲9.6% | $56,343,041▲6.7% | $45,177,884▲13.7% | $92,603,523▲29.0% | 990 |
| 2018 | $56,271,945▲5.5% | $52,826,057▲10.0% | $39,724,241▲9.3% | $71,761,599▲12.1% | 990 |
| 2017 | $53,360,682▲13.8% | $48,027,785▲5.8% | $36,349,697▲16.4% | $64,012,900▲14.8% | 990 |
| 2016 | $46,876,304▲6.6% | $45,378,257▲4.0% | $31,230,643▲6.8% | $55,770,730▲2.8% | 990 |
| 2015 | $43,974,442▲1.9% | $43,632,161▲3.6% | $29,249,589▲4.8% | $54,277,536▲9.8% | 990 |
| 2014 | $43,170,072▲2.2% | $42,109,699▲1.5% | $27,912,469▲1.5% | $49,416,785▲6.5% | 990 |
| 2013 | $42,222,293 | $41,482,721▼5.5% | $27,490,531▲5.7% | $46,394,836▲5.1% | 990 |
| 2012 | — | $43,895,304▲5.2% | $26,010,461▲1.3% | $44,154,341▲4.7% | 990 |
| 2011 | — | $41,732,398▲3.3% | $25,681,667▲4.9% | $42,181,204▲6.7% | 990 |
| 2010 | — | $40,406,558▼9.5% | $24,482,070▼0.2% | $39,514,153▼1.3% | 990 |
| 2009 | — | $44,664,872 | $24,520,668 | $40,037,587 | 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: Mark Morgan Md — $612,823 (0.66% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Mark Morgan Md | Cmo | 40 | $612,823 |
| Prouskeh Ebrahimpour | Physician | 40 | $587,507 |
| John Ford | Physician | 40 | $554,404 |
| Elisabeth Moore | Ed Physician | 40 | $530,237 |
| Matthew Jones | Physician | 40 | $437,489 |
| Ryan Brass | Physician | 40 | $421,766 |
| Michael D Lee | President/ceo | 40 | $383,255 |
| Amber Schmidt | Medical Staff President | 40 | $287,809 |
| Charlie Cotton | Treasurer | 1 | — |
| Denise Brisson | Director (thru 04/24) | 1 | — |
| Dennis Couture | Vice Chair (thru 09/24) | 1 | — |
| Edward Samson III | Director | 1 | — |
| Frances Laduke | Director | 1 | — |
| Matthew Streeter | System Cfo | 1 | — |
| Michael Foster | Director (thru 04/24) | 1 | — |
| Ruby Berryman | Acting Chair/vice Chair | 1 | — |
| Sarah Desrochers | Director | 1 | — |
| Scott Burns | Director | 1 | — |
| Sharon Kopp | Director (thru 08/24) | 1 | — |
| Stanley Holz | Director (thru 04/24) | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| American Healthcare Staffing Assoc | Contract Labor | $1,574,378 |
| Medical Solutions LLC | Contract Labor | $1,371,429 |
| Fastaff | Contract Labor | $901,685 |
| Maxim Healthcare Staffing | Contract Labor | $638,389 |
| Maxor | Pharmacy Other Purchased Services | $533,046 |
Grants received · $165K total
7 grants to Weeks Medical Center totaling $165K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Donor Advised Charitable Giving | Health | 2022 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $6,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $15,500 |
| Donor Advised Charitable Giving | Health | 2018 | $50,000 |
| New Hampshire Charitable Foundation | For youth sbirt initiative and general support | 2016 | $26,000 |
| New Hampshire Charitable Foundation | For sbirt implementation for patients ages 12-22 | 2015 | $50,000 |
| Donor Advised Charitable Giving | Health & human services | 2015 | $11,000 |
Grants made · $91K in FY2023
1 grant totaling $91K in FY2023. All grants made by Weeks Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Foundation For Healthy Communities | Substance abuse prevention, treatment & recovery | $90,791 |
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Frequently asked questions
- Is Weeks Medical Center a legitimate nonprofit?
- Yes. Weeks Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 02-0222242, based in Lancaster, New Hampshire. Donations are tax-deductible.
- What is Weeks Medical Center's EIN?
- Weeks Medical Center's Employer Identification Number (EIN) is 02-0222242.
- How much revenue does Weeks Medical Center report?
- Weeks Medical Center reported $95,630,825 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Weeks Medical Center's spending goes to programs?
- Weeks Medical Center spends about 80% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Weeks Medical Center have?
- CharityIndex grades Weeks Medical Center A, based on program efficiency and fundraising cost.
- How much does Weeks Medical Center's highest-paid employee make?
- The highest reported compensation on Weeks Medical Center's latest Form 990 is $612,823, paid to Mark Morgan Md (Cmo).
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Data for Weeks Medical Center (EIN 02-0222242) 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.