Cottage Hospital FY2020 filing

Tax-deductible

Woodsville, NH501(c)(3)Since 1903HospitalsEIN 02-0223321Revenue $36.1M in FY2020

On file with the IRScottagehospital.org90 Swiftwater Rd, 03785-1421 · Woodsville, NHTax-exempt since Jan 1972Hospital or medical research org — 170(b)(1)(A)(iii)

This page gets seen. Tell your story. Claim this org.

Medical care and related services

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
$2.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $283K a year · under 1% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.4M
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $72K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$23.7M
57% of total assets
Fine: liabilities are 57% of assets; 50% to 65%.
Pt X · Ln 26
Independent board members
9
of 12 voting members
Looks good: 9 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$36.1M
Spent
$35.3M
To programs
75%
Net assets
$17.7M
By yearFY2020–FY2025
Revenue
$36.1M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$36.1M
FY2021$41.9M
FY2022$38.2M
FY2023$41.5M
FY2024$42.7M
FY2025$45.7M
Expenses
$35.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$35.3M
FY2021$38.6M
FY2022$40.5M
FY2023$42.2M
FY2024$43.8M
FY2025$44.0M
Net assets
$17.7M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$17.7M
FY2021$22.1M
FY2022$18.0M
FY2023$17.8M
FY2024$18.0M
FY2025$19.2M

From the FY2020 Form 990 (year ending September 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 1972.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $26.6M Management & general 25% · $8.7M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

20 people listed on the 990; $2.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$417,848Pt VII · Sec A
Physician Ed
$391,720Pt VII · Sec A
$324,425Pt VII · Sec A
$287,993Pt VII · Sec A
Physician Ed
$234,400Pt VII · Sec A
Physician Rhc
$233,359Pt VII · Sec A
Medical Staff Secretary
$212,133Pt VII · Sec A
Medical Staff President
$200,258Pt VII · Sec A

Nathan Potter’s $448K as Physician Ed is at the 71st percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Christopher Findley—$509,920$436,280$457,658$472,687$417,848
Nathan Potter$448,037—————
Jeffrey Hanissian$417,906—————
Charles Sawyer—————$391,720
Christopher Danielson$370,008$335,334$337,433$330,117$339,337$324,425
Robert Brown——$369,563———
Peter B Schroer$337,381$361,509————
Russell Sarver$353,027—————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Cottage Hospital executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides medical care and related services to those in need.

Questions for Cottage Hospital

Tap to ask. Cottage Hospital sees how many people are interested.

Your first name shows with your question. Cottage Hospital answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $26.6M · in their own filed words · FY2019
01

Cottage Hospital provided health care to approximately 669 inpatients and 28,973 outpatients during the fiscal year.

$22.5Mprogram expense
02

The Rowe Health Center provides internal medicine, behavioral health, general surgery, podiatry, gastroenterology and endocrinology services. We are proud to offer a team-based approach to provide all of our patients with accessible, convenient, high quality care.

$2.1Mprogram expense
03

The Ray of Hope Geriatric Behavioral Health Unit provides quality care for those struggling with a behavioral health issue. This inpatient program is for geriatric patients 65 years and older with persistent or late onset behavioral health illnesses or concerns.

$2.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$72K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$36.1M
Ln 12
Fees for servicesLn 2g$34.2M
Gifts and grantsLn 1h$1.7M
Investment incomeLn 3$179K
Money outPt IX
$35.3M
Ln 25
Programscol B$26.6M
Managementcol C$8.7M
Owns and owesPt X
$17.7M
net assets · Ln 32
Cash and savingsLn 1–2$14.2M
Total assetsLn 16$41.5M
LiabilitiesLn 26$23.7M
PeoplePt VI, VII
20
listed · VII A
PaidVII A9
Voting boardVI 1a12
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.7M
Government grantsLn 1e$1.5M
Noncash giftsLn 1g$13K
Fees for servicesLn 2g$34.2M
Investment incomeLn 3$179K
Other incomeLn 4–11$40K
Gains on assetsLn 7−$2K
Total revenueLn 12$36.1M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$12.8M
Cash and savings togetherLn 1–2$14.2M
InvestmentsLn 11–13$8.2M
Land, buildings, equipmentLn 10c$12.9M
Other assetsLn 15$995K
Total assetsLn 16$41.5M
LiabilitiesLn 26$23.7M
Net assetsLn 32$17.7M
OperationsPt I, VI
EmployeesI 5398
VolunteersI 641
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$5.4M$14.2M
InvestmentsLn 11–13$7.6M$8.2M
Land, buildings, equipmentLn 10c$13.9M$12.9M
Total assetsLn 16$33.6M$41.5M
LiabilitiesLn 26$16.9M$23.7M
Net assetsLn 32$16.7M$17.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$7K$7K
Pay of current officers, directors and key staffLn 5$899K$437K$462K
Other salaries and wagesLn 7$15.9M$12.2M$3.7M
Pension plan contributionsLn 8$269K$194K$75K
Other employee benefitsLn 9$1.7M$1.2M$540K
Payroll taxesLn 10$1.1M$850K$283K
Legal feesLn 11b$107K$5K$102K
Accounting feesLn 11c$193K$193K
Investment management feesLn 11f$10K$10K
Other fees for servicesLn 11g$6.6M$5.5M$1.1M
Office expensesLn 13$110K$68K$42K
OccupancyLn 16$1.3M$628K$717K
TravelLn 17$24K$9K$15K
InterestLn 20$331K$318K$13K
Depreciation, depletion and amortizationLn 22$1.6M$556K$1.0M
InsuranceLn 23$300K$210K$89K
Other expenses (24a–d)Ln 24$4.8M$4.4M$415K
Total functional expensesLn 25$35.3M$26.6M$8.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $45.7M$44.0M$1.7M$19.2M 990 PDF
FY2024 $42.7M$43.8M−$1.1M$18.0M 990 PDF
FY2023 $41.5M$42.2M−$693K$17.8M 990 PDF
FY2022 $38.2M$40.5M−$2.3M$18.0M 990 PDF
FY2021 $41.9M$38.6M$3.3M$22.1M 990 PDF
FY2020 Viewing $36.1M$35.3M$841K$17.7M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $36,145,158 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $387,029$1,723,633
I-9 Program service revenuePrior year $34,218,933$34,202,932
I-10 Investment incomePrior year $314,922$178,617
I-11 Other revenuePrior year $47,274$39,976
I-12 Total revenuePrior year $34,968,158$36,145,158
I-13 Grants and similar amounts paidPrior year $6,200$7,472
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $20,496,200$19,907,823
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $13,707,187$15,388,437
I-18 Total expensesPrior year $34,209,587$35,303,732
I-19 Revenue less expensesPrior year $758,571$841,426
Part VI · Governance 9 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $36,145,158 across 9 lines filed
Lines not itemized here account for $36,843 of total revenue; see the IRS return.
VIII-1e Government grants$1,500,671
VIII-1f All other contributions, gifts and grants$222,962
VIII-1g Noncash contributions (included above)$12,510
VIII-1h Total contributions, gifts and grants$1,723,633
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $33,567,690 · Excluded from tax $635,242$34,202,932
VIII-3 Investment incomeExcluded from tax $180,518$180,518
VIII-6 Net rental income or lossExcluded from tax $3,133$3,133
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$1,901−$1,901
VIII-12 Total revenueRelated to mission $33,567,690 · Unrelated business $0 · Excluded from tax $853,835$36,145,158
Part IX · Statement of functional expenses $35,303,732 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $7,472$7,472
IX-5 Pay of current officers, directors and key staffPrograms $436,521 · Management $462,025$898,546
IX-7 Other salaries and wagesPrograms $12,208,818 · Management $3,651,424$15,860,242
IX-8 Pension plan contributionsPrograms $194,411 · Management $75,021$269,432
IX-9 Other employee benefitsPrograms $1,205,459 · Management $540,344$1,745,803
IX-10 Payroll taxesPrograms $850,341 · Management $283,459$1,133,800
IX-11b Legal feesPrograms $4,702 · Management $102,249$106,951
IX-11c Accounting feesManagement $193,130$193,130
IX-11f Investment management feesManagement $9,534$9,534
IX-11g Other fees for servicesPrograms $5,503,765 · Management $1,050,738$6,554,503
IX-13 Office expensesPrograms $67,584 · Management $42,409$109,993
IX-16 OccupancyPrograms $627,501 · Management $716,723$1,344,224
IX-17 TravelPrograms $8,679 · Management $15,296$23,975
IX-20 InterestPrograms $318,311 · Management $12,689$331,000
IX-22 Depreciation, depletion and amortizationPrograms $556,185 · Management $1,043,714$1,599,899
IX-23 InsurancePrograms $210,390 · Management $89,302$299,692
IX-24 Other expenses (24a–d)Programs $4,400,845 · Management $414,691$4,815,536
IX-25 Total functional expensesPrograms $26,600,984 · Management $8,702,748 · Fundraising $0$35,303,732
Part X · Balance sheet $41,461,746 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $467,013$1,466,930
X-2 Savings and temporary cash investmentsStart of year $4,915,252$12,752,367
X-3 Pledges and grants receivableStart of year $14,172$0
X-4 Accounts receivableStart of year $4,809,138$4,370,201
X-8 Inventories for sale or useStart of year $540,721$536,348
X-9 Prepaid expenses and deferred chargesStart of year $420,996$257,216
X-10c Land, buildings and equipment, netStart of year $13,856,922$12,904,129
X-11 Publicly traded securitiesStart of year $7,345,927$7,964,204
X-12 Other securitiesStart of year $207,965$214,872
X-15 Other assetsStart of year $978,524$995,479
X-16 Total assetsStart of year $33,556,630$41,461,746
X-17 Accounts payable and accrued expensesStart of year $3,071,535$3,258,495
X-19 Deferred revenueStart of year $0$4,273,248
X-20 Tax-exempt bond liabilitiesStart of year $5,329,531$5,177,192
X-25 Other liabilitiesStart of year $5,696,984$8,393,847
X-26 Total liabilitiesStart of year $16,902,564$23,742,582
X-27 Net assets without donor restrictionsStart of year $14,994,361$16,166,526
X-28 Net assets with donor restrictionsStart of year $1,659,705$1,552,638
X-32 Total net assets or fund balancesStart of year $16,654,066$17,719,164
X-33 Total liabilities and net assetsStart of year $33,556,630$41,461,746
Part XI · Reconciliation of net assets $17,719,164 net assets at year end
XI-1 Total revenue$36,145,158
XI-2 Total expenses$35,303,732
XI-3 Revenue less expenses$841,426
XI-4 Net assets at start of year$16,654,066
XI-5 Net unrealized gains (losses) on investments$216,765
XI-9 Other changes in net assets$6,907
XI-10 Net assets at end of year$17,719,164

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.