SolutionHealth is a highly coordinated community based regional health care network founded by Elliot Health System, Inc. and Southern New Hampshire Health System, Inc. Its purpose is to better serve the healthcare needs and interests in the specific communities served by Elliot and SNHH respectively, and southern New Hampshire as a region by improving and increasing access, quality, value and community benefits, while maintaining the affordability of healthcare.

501(c)(3) charity; gifts are tax-deductible.
91¢ of each $1 spent went to programs.
$4.4M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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
1 of 6
filings with a surplus
Average deficit $1.7M a year · 1% of revenue · last 6 filings
Concern: a surplus in 1 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
91%
of spending
Looks good: 91% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$4.4M
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.4 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$34.4M
79% of total assets
Worth a look: liabilities are 79% of assets; over 65%.
Pt X · Ln 26
Independent board members
7
of 10 voting members
Looks good: 7 of 10 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$93.8M
+343% vs prior year
Spent
$93.9M
To programs
91%
Net assets
$8.9M
By yearFY2020–FY2025
Revenue
$93.8M
FY2021▲ +343%
Tap a bar for its year
Revenue by fiscal year
FY2020$21.2M
FY2021$93.8M
FY2022$137.0M
FY2023$139.5M
FY2024$158.4M
FY2025$162.5M
Expenses
$93.9M
FY2021▲ +342%
Tap a bar for its year
Expenses by fiscal year
FY2020$21.2M
FY2021$93.9M
FY2022$138.2M
FY2023$141.5M
FY2024$165.0M
FY2025$162.5M
Net assets
$8.9M
FY2021▲ +173%
Tap a bar for its year
Net assets by fiscal year
FY2020$3.3M
FY2021$8.9M
FY2022$7.7M
FY2023$27.1M
FY2024$36.0M
FY2025$28.6M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 Mar 2019.

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

Where the money goes

91 cents of each dollar spent went to programs.

Program services 91% · $85.7M Management & general 9% · $8.1M

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

22 people listed on the 990; $4.4M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
President & CEO
$1,016,634Pt VII · Sec A
Chief Operations Officer
$654,726Pt VII · Sec A
Chief Legal Officer
$481,789Pt VII · Sec A
Chief Information Officer
$446,149Pt VII · Sec A
VP Chief of Medical Information
$404,552Pt VII · Sec A
VP Chief Information Officer
$382,804Pt VII · Sec A
Chief Strategy Officer
$328,818Pt VII · Sec A
VP of Facilities
$244,601Pt VII · Sec A

Bradley Kreick’s $2.0M as Former Sh President & CEO (end 4/24) is at the 83rd percentile of top reported officer pay among 1747 $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
Bradley Kreick$1,960,720—————
Sherry Hausmann——$910,000$1,660,268$1,016,634$986,215
Brad Kreick—$1,269,289$1,131,927$46,000——
John E Friberg ESQ$1,072,488—————
Kelly Corbi———$1,056,483$654,726$610,838
Joseph Felkner——$958,845$730,579$206,989—
Michael Turilli$783,833$597,609$463,240———
John E Friberg———$778,659$481,789—

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

Connects regional healthcare systems for better patient care.

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Provided by the organization

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1 program · $85.7M · in their own filed words · FY2020
01

SolutionHealth allows the Elliot Health System and the Southern New Hampshire Health System (the "Hospital Systems") to establish a regional healthcare organization in New Hampshire that combines resources and skill-sets from both Hospital Systems.

$85.7Mprogram expense

Funders

Who pays for it.

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

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$93.8M
Ln 12
Fees for servicesLn 2g$93.8M
Money outPt IX
$93.9M
Ln 25
Programscol B$85.7M
Managementcol C$8.1M
Owns and owesPt X
$8.9M
net assets · Ln 32
Cash and savingsLn 1–2$11.1M
Total assetsLn 16$43.3M
LiabilitiesLn 26$34.4M
PeoplePt VI, VII
22
listed · VII A
PaidVII A10
Voting boardVI 1a10
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$93.8M
Total revenueLn 12$93.8M
Assets in detailPt X, end of year
CashLn 1$11.1M
Cash and savings togetherLn 1–2$11.1M
InvestmentsLn 11–13$2.6M
Land, buildings, equipmentLn 10c$4.3M
Other assetsLn 15$19.7M
Total assetsLn 16$43.3M
LiabilitiesLn 26$34.4M
Net assetsLn 32$8.9M
OperationsPt I, VI
EmployeesI 51,037
VolunteersI 69
Fiscal year endsHeaderJune
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 FY21End FY21
Cash and savingsLn 1–2$5.2M$11.1M
InvestmentsLn 11–13$1.1M$2.6M
Land, buildings, equipmentLn 10c$312K$4.3M
Total assetsLn 16$14.0M$43.3M
LiabilitiesLn 26$10.8M$34.4M
Net assetsLn 32$3.3M$8.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$3.2M$2.9M$317K
Other salaries and wagesLn 7$46.6M$46.6M
Pension plan contributionsLn 8$2.4M$2.4M
Other employee benefitsLn 9$7.3M$7.3M
Payroll taxesLn 10$3.6M$3.6M
Legal feesLn 11b$536K$536K
Other fees for servicesLn 11g$7.0M$2.9M$4.0M
Advertising and promotionLn 12$1.4M$1.4M
Office expensesLn 13$3.2M$3.2M
Information technologyLn 14$13.3M$13.3M
OccupancyLn 16$952K$952K
TravelLn 17$62K$62K
Conferences, conventions and meetingsLn 19$131K$131K
Depreciation, depletion and amortizationLn 22$35K$35K
InsuranceLn 23$225K$225K
Other expenses (24a–d)Ln 24$4.0M$4.0M
Total functional expensesLn 25$93.9M$85.7M$8.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $162.5M$162.5M$0$28.6M 990 PDF
FY2024 $158.4M$165.0M−$6.6M$36.0M 990 PDF
FY2023 $139.5M$141.5M−$2.0M$27.1M 990 PDF
FY2022 $137.0M$138.2M−$1.2M$7.7M 990 PDF
FY2021 Viewing $93.8M$93.9M−$35K$8.9M 990 PDF
FY2020 $21.2M$21.2M−$72K$3.3M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $93,816,355 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $21,174,050$93,816,355
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $21,174,050$93,816,355
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $19,350,832$63,054,121
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,894,795$30,796,736
I-18 Total expensesPrior year $21,245,627$93,850,857
I-19 Revenue less expensesPrior year −$71,577−$34,502
Part VI · Governance 7 of 10 board members independent, no flags
VI-1a Voting members of the governing body10
VI-1b Independent voting members7
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 $93,816,355 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $93,816,355$93,816,355
VIII-12 Total revenueRelated to mission $93,816,355 · Unrelated business $0 · Excluded from tax $0$93,816,355
Part IX · Statement of functional expenses $93,850,857 across 16 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $2,851,410 · Management $316,823$3,168,233
IX-7 Other salaries and wagesPrograms $46,552,920$46,552,920
IX-8 Pension plan contributionsPrograms $2,425,664$2,425,664
IX-9 Other employee benefitsPrograms $7,279,392$7,279,392
IX-10 Payroll taxesPrograms $3,627,912$3,627,912
IX-11b Legal feesManagement $536,298$536,298
IX-11g Other fees for servicesPrograms $2,944,919 · Management $4,048,536$6,993,455
IX-12 Advertising and promotionPrograms $1,439,475$1,439,475
IX-13 Office expensesManagement $3,201,069$3,201,069
IX-14 Information technologyPrograms $13,253,248$13,253,248
IX-16 OccupancyPrograms $951,937$951,937
IX-17 TravelPrograms $62,277$62,277
IX-19 Conferences, conventions and meetingsPrograms $130,858$130,858
IX-22 Depreciation, depletion and amortizationPrograms $34,503$34,503
IX-23 InsurancePrograms $225,448$225,448
IX-24 Other expenses (24a–d)Programs $3,968,168$3,968,168
IX-25 Total functional expensesPrograms $85,748,131 · Management $8,102,726 · Fundraising $0$93,850,857
Part X · Balance sheet $43,298,954 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $5,220,280$11,079,334
X-4 Accounts receivable$151,699
X-9 Prepaid expenses and deferred chargesStart of year $1,296,242$5,418,641
X-10c Land, buildings and equipment, netStart of year $311,734$4,315,451
X-12 Other securitiesStart of year $1,110,047$2,627,334
X-15 Other assetsStart of year $6,099,935$19,706,495
X-16 Total assetsStart of year $14,038,238$43,298,954
X-17 Accounts payable and accrued expensesStart of year $6,144,405$14,937,257
X-19 Deferred revenueStart of year $216,213$0
X-25 Other liabilitiesStart of year $4,407,763$19,443,469
X-26 Total liabilitiesStart of year $10,768,381$34,380,726
X-27 Net assets without donor restrictionsStart of year $3,269,857$8,918,228
X-32 Total net assets or fund balancesStart of year $3,269,857$8,918,228
X-33 Total liabilities and net assetsStart of year $14,038,238$43,298,954
Part XI · Reconciliation of net assets $8,918,228 net assets at year end
XI-1 Total revenue$93,816,355
XI-2 Total expenses$93,850,857
XI-3 Revenue less expenses−$34,502
XI-4 Net assets at start of year$3,269,857
XI-9 Other changes in net assets$5,682,873
XI-10 Net assets at end of year$8,918,228

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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