The Memorial Hospital at North Conway NH
Also known as MaineHealth Memorial Hospital
The Memorial Hospital at North Conway NH reported $138.6 million in revenue and $126.9 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $96.63 went to program services, $3.18 to management and general costs and $0.19 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.6% of the total. The highest compensation it reported for one person was $2,618,396 (CEO, MH/Trustee). 135 people received more than $100,000 in reportable compensation. Revenue rose 83% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $127MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $139MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 96.6% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.2% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.77 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.2% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 96.6% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $2,618,396 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.06% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 135 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 7 of 11 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseMemorial Hospital provides healthcare services to the residents and visitors of the mount washington valley area of new hampshire and the western region of maine. Memorial Hospital is a 25 bed critical access hospital. The hospital provides acute inpatient services including general medical and surgical, obstetrics and intensive care units. The hospital had 5,702 acute patient days in 2025. The hospital also provides a variety of outpatient services such as imaging, laboratory, diabetes, oncology, physical rehab, emergency medicine, primary care, orthopedics and general surgery. The hospital…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO, MH/Trustee Director/trustee, 1.00 hrs/week | $0 | $2,556,171 | $62,225 | $2,618,396 |
| Associate Medical Director Highest compensated employee, 50.00 hrs/week | $826,669 | $0 | $23,527 | $850,196 |
| Frmr Interim/Mountain Reg. President Director/trustee, officer, 1.00 hrs/week | $0 | $735,712 | $52,365 | $788,077 |
| Physician Highest compensated employee, 50.00 hrs/week | $612,724 | $0 | $55,859 | $668,583 |
| Physician Highest compensated employee, 50.00 hrs/week | $616,916 | $0 | $49,557 | $666,473 |
| Physician Highest compensated employee, 50.00 hrs/week | $593,059 | $0 | $60,481 | $653,540 |
| Regional CMO - Mountain Region Officer, 50.00 hrs/week | $557,395 | $0 | $58,726 | $616,121 |
| Physician Highest compensated employee, 50.00 hrs/week | $497,755 | $0 | $58,232 | $555,987 |
135 people received more than $100,000 in reportable compensation from The Memorial Hospital at North Conway NH (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 7 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4Yes
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5521
- Volunteers Part I, line 636
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| WEATHERBY LOCUMS INC Locum tenens | $504,766 |
| INSIGHT HEALTH CORP Diagnostic imaging | $303,492 |
| DELTA WAVE ANESTHESIA PLLC Medical services | $228,795 |
| SPECTRUM HEALTHCARE PARTNERS Medical services | $191,589 |
Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to The Memorial Hospital at North Conway NH totaling $11 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from The Memorial Hospital at North Conway NH's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Memorial Hospital at North Conway NH, you can publish a response that is linked from this page.
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Of every $100 The Memorial Hospital at North Conway NH spent in FY2025, $96.63 went to programs. The full breakdown, from its IRS Form 990:
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- WMC-New YorkValhalla, NY · revenue $138M · programs 95.0% · 2024
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All health care charities · Largest charities in New Hampshire
Questions people ask
How much of The Memorial Hospital at North Conway NH's spending goes to programs?
In the fiscal year ending September 30, 2025, The Memorial Hospital at North Conway NH reported that 96.6% of its $126.9 million in expenses went to program services, 3.2% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does The Memorial Hospital at North Conway NH pay its top executive?
The largest total compensation The Memorial Hospital at North Conway NH reported for one person in the fiscal year ending September 30, 2025 was $2,618,396, for the role of CEO, MH/Trustee (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Memorial Hospital at North Conway NH get its money?
Of $138.6 million in revenue in the fiscal year ending September 30, 2025, 0.2% came from contributions and grants (including 0.2% from government grants) and 96.6% from program service revenue (Form 990, Part VIII).
Is The Memorial Hospital at North Conway NH a registered charity?
The IRS lists EIN 02-0222156 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202632229349300973 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512249349302551 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442279349302424 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302239349301790 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202202229349300845 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202132249349301233 · read the filing
All filings for EIN 02-0222156: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.