Charity Impact Media

Home › Health care

Concord Hospital - Franklin

Concord, NH · EIN 85-1433123 · 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

Concord Hospital - Franklin reported $34.0 million in revenue and $31.1 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $85.06 went to program services, $14.77 to management and general costs and $0.17 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.9% of the total. The highest compensation it reported for one person was $2,016,109 (President & CEO, Member Ex-Officio). 17 people received more than $100,000 in reportable compensation. Revenue rose 171% between FY2021 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 $31M

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 $34M

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)
85.1%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
14.8%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
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.9%93.7%
Highest reported compensation
Part VII-A, columns D–F
$2,016,109$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
6.49%1.34%
People paid over $100,000
Part VII, line 2
1727
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
15.56.6
Independent voting board members
Part VI 1a–1b
5 of 688.9%

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
$26M expenses · 100.0% of program spending · revenue $34M

Various hospital services; see Schedule H. In FYE 2025, Concord Hospital - Franklin ("CH-F") invested over $2.1 million in community benefit programs, services, and other expenses. The largest areas of support were charitable care services and subsidized programs and services. Our investment enhances the Hospital's ability to provide quality patient care, respond to identified community health needs and address the Hospital's charitable mission overall

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
President & CEO, Member Ex-Officio
Director/trustee, officer, 1.00 hrs/week
$0$1,665,954$350,155$2,016,109
Chief Clinical Officer
Key employee, 1.00 hrs/week
$0$940,287$174,887$1,115,174
Senior VP, CFO, & Treasurer
Officer, 1.00 hrs/week
$0$843,934$195,114$1,039,048
System Chief Operating Officer
Key employee, 1.00 hrs/week
$0$731,335$148,110$879,445
Chief Administrative Officer
Key employee, 1.00 hrs/week
$0$488,429$114,748$603,177
Physician
Highest compensated employee, 50.00 hrs/week
$0$287,146$59,855$347,001
Physician
Highest compensated employee, 50.00 hrs/week
$0$267,518$63,365$330,883
Physician
Highest compensated employee, 50.00 hrs/week
$0$265,235$35,006$300,241

17 people received more than $100,000 in reportable compensation from Concord Hospital - Franklin (Part VII, line 2).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$34M$31M85.1%$40M$2,016,109
FY2024 ⓘ$40M$27M84.3%$38M$1,901,942
FY2023 ⓘ$38M$29M84.9%$25M$1,744,066
FY2022 ⓘ$33M$31M85.8%$15M$1,686,454
FY2021 ⓘ$13M$9.6M85.1%$3.3M$1,466,428

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–1b6 · 5 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 5183
  • Volunteers Part I, line 66

Correct a figure or respond

Every number above is copied from Concord Hospital - Franklin's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Concord Hospital - Franklin, you can publish a response that is linked from this page.

Questions people ask

How much of Concord Hospital - Franklin's spending goes to programs?

In the fiscal year ending September 30, 2025, Concord Hospital - Franklin reported that 85.1% of its $31.1 million in expenses went to program services, 14.8% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does Concord Hospital - Franklin pay its top executive?

The largest total compensation Concord Hospital - Franklin reported for one person in the fiscal year ending September 30, 2025 was $2,016,109, for the role of President & CEO, Member Ex-Officio (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Concord Hospital - Franklin get its money?

Of $34.0 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 99.9% from program service revenue (Form 990, Part VIII).

Is Concord Hospital - Franklin a registered charity?

The IRS lists EIN 85-1433123 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 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 202642099349301039 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202541819349300964 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202441839349300224 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202322079349300917 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202222019349301267 · read the filing

All filings for EIN 85-1433123: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.