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Cottage Hospital

Woodsville, NH · EIN 02-0223321 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Cottage Hospital reported $45.7 million in revenue and $44.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $79.87 went to program services, $20.13 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 85.6% of the total. Government grants made up 9.1%. The highest compensation it reported for one person was $478,032 (Physician ED). 35 people received more than $100,000 in reportable compensation. Revenue rose 26% 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 $44M

For 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 $46M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
79.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
20.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
9.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
9.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
85.6%93.7%
Highest reported compensation
Part VII-A, columns D–F
$478,032$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.09%1.34%
People paid over $100,000
Part VII, line 2
3527
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.26.6
Independent voting board members
Part VI 1a–1b
9 of 1288.9%

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 expense
$29M expenses · 82.9% of program spending · revenue $34M

Cottage Hospital provided health care to approximately 572 inpatients and 44,976 outpatients during the fiscal year

$2.8M expenses · 7.9% of program spending · revenue $2.6M

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. Specialized care focuses on assessment, treatment, rehabilitation, prevention, family/community support and education surrounding behavioral health

$3.2M expenses · 9.2% of program spending · revenue $2.2M

The Rowe Health Center provides internal medicine, behavioral health, podiatry, cardiology, 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. With same day acute appointments available, meeting the needs of our patients is our priority

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Physician ED
Highest compensated employee, 40.00 hrs/week
$448,037$0$29,995$478,032
Chief Of ED
Highest compensated employee, 40.00 hrs/week
$417,906$0$42,490$460,396
Physician RHC
Highest compensated employee, 40.00 hrs/week
$370,008$0$51,786$421,794
Physician RHC
Highest compensated employee, 40.00 hrs/week
$337,381$0$38,576$375,957
Physician-Urology
Highest compensated employee, 40.00 hrs/week
$353,027$0$19,238$372,265
CEO
Director/trustee, officer, 40.00 hrs/week
$253,823$0$43,978$297,801
CMO
Officer, 40.00 hrs/week
$269,493$0$9,163$278,656
Med Staff President
Director/trustee, 40.00 hrs/week
$245,204$0$10,040$255,244

35 people received more than $100,000 in reportable compensation from Cottage Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$46M$44M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$46M$44M79.9%$19M$478,032
FY2024 ⓘ$43M$44M79.6%$18M$559,403
FY2023 ⓘ$41M$42M77.9%$18M$481,941
FY2022 ⓘ$38M$40M77.9%$18M$496,709
FY2021 ⓘ$42M$39M76.4%$22M$509,872
FY2020 ⓘ$36M$35M75.3%$18M$446,085

Governance 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–1b12 · 9 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 15aYes
  • 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 4No
  • 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 5380
  • Volunteers Part I, line 610

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Bread Loaf Corporation
Building Contractor
$2,203,948
Management Health System
Contracted Staff
$821,126
Dartmouth Hitchcock Clinic
Contracted Providers
$647,341
Cerner Corp CO Oracle
EMR Services
$513,995
EM Staff
Contracted Staff
$469,529

Individuals listed as contractors are left out. 27 contractors were paid more than $100,000 in all.

Private foundation grants it received

3 private foundations reported grants to Cottage Hospital totaling $27,582 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 Cottage Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Cottage Hospital, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in New Hampshire

Questions people ask

How much of Cottage Hospital's spending goes to programs?

In the fiscal year ending September 30, 2025, Cottage Hospital reported that 79.9% of its $44.0 million in expenses went to program services, 20.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Cottage Hospital pay its top executive?

The largest total compensation Cottage Hospital reported for one person in the fiscal year ending September 30, 2025 was $478,032, for the role of Physician ED (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Cottage Hospital get its money?

Of $45.7 million in revenue in the fiscal year ending September 30, 2025, 9.3% came from contributions and grants (including 9.1% from government grants) and 85.6% from program service revenue (Form 990, Part VIII).

Is Cottage Hospital a registered charity?

The IRS lists EIN 02-0223321 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 202620719349300622 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542189349301404 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402159349300210 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302159349300730 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202220399349301312 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202130289349300103 · read the filing

All filings for EIN 02-0223321: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.