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Norwalk Hospital Foundation

Norwalk, CT · EIN 22-2577707 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Norwalk Hospital Foundation reported $26.7 million in revenue and $12.2 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $68.55 went to program services, $31.45 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 78.0% of the total. The highest compensation it reported for one person was $2,336,530 (CHIEF FINANCIAL OFFICER; TREASURER). Revenue rose 5% 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 $12M

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 $27M

Other revenue was negative: −$16,823. The bar shows the positive sources only.

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)
68.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
31.4%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
78.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,336,530$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
19.17%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
177.26.6
Independent voting board members
Part VI 1a–1b
3 of 488.9%

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
$8.4M expenses · 100.0% of program spending · grants $8.4M

Norwalk Hospital Foundation, inc. Is a not-for-profit corporation located in norwalk, connecticut. It was organized as a non-stock corporation under the laws of connecticut for the purpose of soliciting, receiving, holding, investing and administering contributions on behalf of the Norwalk Hospital and other not-for-profit healthcare affiliates

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
CHIEF FINANCIAL OFFICER; TREASURER
Officer, 0.0 hrs/week
$0$2,147,602$188,928$2,336,530
CHIEF LEGAL OFFICER; SECRETARY
Officer, 0.0 hrs/week
$0$1,140,456$139,321$1,279,777
CHIEF DEVELOPMENT OFFICER
Officer, 0.0 hrs/week
$0$736,519$81,278$817,797
DIRECTOR
Director/trustee, 0.0 hrs/week
$0$500,509$65,939$566,448

0 people received more than $100,000 in reportable compensation from Norwalk Hospital Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$27M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$27M$12M68.6%$180M$2,336,530
FY2024 ⓘ$13M$15M76.0%$164M$1,649,792
FY2023 ⓘ$11M$24M85.7%$150M$1,407,109
FY2022 ⓘ$26M$7.2M44.7%$166M$1,431,994
FY2021 ⓘ$29M$6.5M47.7%$171M$2,343,892
FY2020 ⓘ$25M$6.3M44.1%$143M$2,174,097

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–1b4 · 3 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 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 50
  • Volunteers Part I, line 64

Private foundation grants it received

30 private foundations reported grants to Norwalk Hospital Foundation totaling $4.3M 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 Norwalk Hospital Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Norwalk Hospital Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of Norwalk Hospital Foundation's spending goes to programs?

In the fiscal year ending September 30, 2025, Norwalk Hospital Foundation reported that 68.6% of its $12.2 million in expenses went to program services, 31.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Norwalk Hospital Foundation pay its top executive?

The largest total compensation Norwalk Hospital Foundation reported for one person in the fiscal year ending September 30, 2025 was $2,336,530, for the role of CHIEF FINANCIAL OFFICER; TREASURER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Norwalk Hospital Foundation get its money?

Of $26.7 million in revenue in the fiscal year ending September 30, 2025, 78.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Norwalk Hospital Foundation a registered charity?

The IRS lists EIN 22-2577707 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), 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 202622269349302512 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512209349301046 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202422219349300727 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332279349304718 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202340839349300734 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202112819349301341 · read the filing

All filings for EIN 22-2577707: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.