Upper Connecticut Valley Hospital Association FY2020 filing

Tax-deductible

Colebrook, NH501(c)(3)Since 1969HospitalsEIN 02-0276210Revenue $21.0M in FY2020

On file with the IRSucvh.org181 Corliss Ln, 03576-3207 · Colebrook, NHTax-exempt since Jul 1969Hospital or medical research org — 170(b)(1)(A)(iii)

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Upper Connecticut Valley Hospital strives to improve the well-being of the rural communities IT serves by promoting health and assuring access to quality care.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$1.6M 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
6 of 6
filings with a surplus
Average surplus $3.1M a year · 10% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 8% of spending
Looks good: pay to officers and key staff is 8% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $30K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$22.6M
50% of total assets
Looks good: liabilities are 50% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 13 voting members
Looks good: 10 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21.0M
Spent
$19.4M
To programs
81%
Net assets
$22.8M
By yearFY2020–FY2025
Revenue
$21.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$21.0M
FY2021$27.3M
FY2022$29.1M
FY2023$37.3M
FY2024$36.3M
FY2025$32.9M
Expenses
$19.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$19.4M
FY2021$22.2M
FY2022$26.6M
FY2023$31.4M
FY2024$33.7M
FY2025$32.1M
Net assets
$22.8M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$22.8M
FY2021$28.8M
FY2022$28.8M
FY2023$35.3M
FY2024$39.3M
FY2025$42.7M

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

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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 Jul 1969.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $15.8M Management & general 19% · $3.7M

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

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Who runs it and what they're paid

23 people listed on the 990; $1.6M 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
Er Provider
$320,516Pt VII · Sec A
President/CEO
$262,080Pt VII · Sec A
Chief Medical Officer
$253,790Pt VII · Sec A
Hospitalist
$239,296Pt VII · Sec A
Pharmacist
$164,728Pt VII · Sec A
Er Provider
$164,574Pt VII · Sec A
Er Provider
$136,160Pt VII · Sec A
Chief Financial Officer
$72,540Pt VII · Sec A

Thomas Cochran’s $560K as Director is at the 80th 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
Thomas Cochran$559,876$459,590$383,566$374,597$351,338$320,516
Tamsin Durand$452,289$393,971————
Elisabeth Moore$433,855—————
Darin Brown$353,180$376,272————
Scott Colby—$361,012$325,861$312,238$243,866$262,080
Edward Laverty Pa-C—$280,929$337,261$307,048$332,450$253,790
Darin C Brown——$307,529$322,342——
Stephen Kraunz————$261,285—

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.

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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

Offers excellent and efficient healthcare services to those in need.

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Provided by the organization

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1 program · $15.8M · in their own filed words · FY2019
01

Upper Connecticut Valley Hospital provided hospital care and inpatient and outpatient services on a region-wide basis. The net charity care provided by the Hospital for the year-ended September 30, 2020 was $321,000.

$15.8Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$30K
Grants paid · 14 grants · $1.2M · 2019–2024

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$21.0M
Ln 12
Fees for servicesLn 2g$19.7M
Gifts and grantsLn 1h$986K
Investment incomeLn 3$336K
Money outPt IX
$19.4M
Ln 25
Programscol B$15.8M
Managementcol C$3.7M
Owns and owesPt X
$22.8M
net assets · Ln 32
Cash and savingsLn 1–2$12.9M
Total assetsLn 16$45.4M
LiabilitiesLn 26$22.6M
PeoplePt VI, VII
23
listed · VII A
PaidVII A9
Voting boardVI 1a13
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$986K
Government grantsLn 1e$863K
Fees for servicesLn 2g$19.7M
Investment incomeLn 3$336K
Gains on assetsLn 7−$20K
Total revenueLn 12$21.0M
Assets in detailPt X, end of year
CashLn 1$1.5M
SavingsLn 2$11.4M
Cash and savings togetherLn 1–2$12.9M
InvestmentsLn 11–13$17.1M
Land, buildings, equipmentLn 10c$12.3M
Other assetsLn 15$355K
Total assetsLn 16$45.4M
LiabilitiesLn 26$22.6M
Net assetsLn 32$22.8M
OperationsPt I, VI
EmployeesI 5142
VolunteersI 67
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$5.7M$12.9M
InvestmentsLn 11–13$15.6M$17.1M
Land, buildings, equipmentLn 10c$7.6M$12.3M
Total assetsLn 16$32.2M$45.4M
LiabilitiesLn 26$12.5M$22.6M
Net assetsLn 32$19.7M$22.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$239K$239K
Pay of current officers, directors and key staffLn 5$558K$274K$284K
Other salaries and wagesLn 7$8.3M$7.3M$1.1M
Pension plan contributionsLn 8$141K$125K$16K
Other employee benefitsLn 9$1.4M$1.2M$182K
Payroll taxesLn 10$488K$414K$73K
Management feesLn 11a$80K$80K
Legal feesLn 11b$36K$36K
Accounting feesLn 11c$60K$60K
Investment management feesLn 11f$112K$112K
Other fees for servicesLn 11g$2.6M$1.6M$982K
Advertising and promotionLn 12$31K$31K
Office expensesLn 13$83K$83K
Information technologyLn 14$210K$115K$95K
OccupancyLn 16$234K$234K
TravelLn 17$124K$54K$70K
Depreciation, depletion and amortizationLn 22$1.2M$1.2M$12K
InsuranceLn 23$155K$155K
Other expenses (24a–d)Ln 24$3.4M$3.1M$327K
Total functional expensesLn 25$19.4M$15.8M$3.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $32.9M$32.1M$841K$42.7M 990 PDF
FY2024 $36.3M$33.7M$2.5M$39.3M 990 PDF
FY2023 $37.3M$31.4M$5.9M$35.3M 990 PDF
FY2022 $29.1M$26.6M$2.5M$28.8M 990 PDF
FY2021 $27.3M$22.2M$5.2M$28.8M 990 PDF
FY2020 Viewing $21.0M$19.4M$1.6M$22.8M 990 PDF

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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 $21,044,923 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $86,257$986,188
I-9 Program service revenuePrior year $17,947,010$19,722,921
I-10 Investment incomePrior year $896,312$335,814
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $18,929,579$21,044,923
I-13 Grants and similar amounts paidPrior year $448,089$239,204
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $9,959,813$10,851,682
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $8,328,071$8,349,817
I-18 Total expensesPrior year $18,735,973$19,440,703
I-19 Revenue less expensesPrior year $193,606$1,604,220
Part VI · Governance 10 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members10
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 $21,044,923 across 7 lines filed
VIII-1e Government grants$863,041
VIII-1f All other contributions, gifts and grants$123,147
VIII-1h Total contributions, gifts and grants$986,188
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $19,705,161 · Excluded from tax $17,760$19,722,921
VIII-3 Investment incomeExcluded from tax $355,514$355,514
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$19,700−$19,700
VIII-12 Total revenueRelated to mission $19,705,161 · Unrelated business $0 · Excluded from tax $353,574$21,044,923
Part IX · Statement of functional expenses $19,440,703 across 19 lines filed
IX-1 Grants to domestic organizationsPrograms $239,204$239,204
IX-5 Pay of current officers, directors and key staffPrograms $273,585 · Management $284,444$558,029
IX-7 Other salaries and wagesPrograms $7,251,556 · Management $1,062,237$8,313,793
IX-8 Pension plan contributionsPrograms $124,954 · Management $15,880$140,834
IX-9 Other employee benefitsPrograms $1,169,963 · Management $181,524$1,351,487
IX-10 Payroll taxesPrograms $414,429 · Management $73,110$487,539
IX-11a Management feesManagement $79,875$79,875
IX-11b Legal feesManagement $36,315$36,315
IX-11c Accounting feesManagement $60,000$60,000
IX-11f Investment management feesManagement $111,901$111,901
IX-11g Other fees for servicesPrograms $1,630,737 · Management $981,916$2,612,653
IX-12 Advertising and promotionManagement $31,436$31,436
IX-13 Office expensesManagement $83,383$83,383
IX-14 Information technologyPrograms $115,431 · Management $94,987$210,418
IX-16 OccupancyPrograms $234,159$234,159
IX-17 TravelPrograms $53,786 · Management $70,477$124,263
IX-22 Depreciation, depletion and amortizationPrograms $1,158,712 · Management $11,841$1,170,553
IX-23 InsuranceManagement $155,046$155,046
IX-24 Other expenses (24a–d)Programs $3,112,427 · Management $327,388$3,439,815
IX-25 Total functional expensesPrograms $15,778,943 · Management $3,661,760 · Fundraising $0$19,440,703
Part X · Balance sheet $45,365,598 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $2,819,482$1,522,637
X-2 Savings and temporary cash investmentsStart of year $2,855,131$11,354,331
X-3 Pledges and grants receivableStart of year $4,754$1,673
X-4 Accounts receivableStart of year $2,436,094$2,252,652
X-8 Inventories for sale or useStart of year $307,581$275,071
X-9 Prepaid expenses and deferred chargesStart of year $245,261$274,720
X-10c Land, buildings and equipment, netStart of year $7,619,876$12,267,709
X-11 Publicly traded securitiesStart of year $15,606,270$17,061,801
X-15 Other assetsStart of year $327,009$355,004
X-16 Total assetsStart of year $32,221,458$45,365,598
X-17 Accounts payable and accrued expensesStart of year $1,946,113$1,677,966
X-19 Deferred revenueStart of year $10,754$57,856
X-25 Other liabilitiesStart of year $10,589,698$20,866,711
X-26 Total liabilitiesStart of year $12,546,565$22,602,533
X-27 Net assets without donor restrictionsStart of year $19,431,172$22,469,639
X-28 Net assets with donor restrictionsStart of year $243,721$293,426
X-32 Total net assets or fund balancesStart of year $19,674,893$22,763,065
X-33 Total liabilities and net assetsStart of year $32,221,458$45,365,598
Part XI · Reconciliation of net assets $22,763,065 net assets at year end
XI-1 Total revenue$21,044,923
XI-2 Total expenses$19,440,703
XI-3 Revenue less expenses$1,604,220
XI-4 Net assets at start of year$19,674,893
XI-5 Net unrealized gains (losses) on investments$1,483,952
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$22,763,065

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

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