Concord Hospital - Laconia
Concord Hospital - Laconia reported $166.9 million in revenue and $173.9 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $84.96 went to program services, $14.87 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: 98.8% of the total. The highest compensation it reported for one person was $2,016,109 (President & CEO, Member Ex-Officio). 188 people received more than $100,000 in reportable compensation. Revenue rose 214% 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 $174MFor 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 $167MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.9% | 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 | $0.16 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.1% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.8% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.8% | 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) | 1.16% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 188 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 5 of 6 | 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 expenseVarious hospital services; see Schedule H.In FYE 2025, CH-L invested over $21 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| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| 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 |
| Physician Highest compensated employee, 50.00 hrs/week | $0 | $697,318 | $46,301 | $743,619 |
| Physician Highest compensated employee, 50.00 hrs/week | $0 | $697,064 | $30,547 | $727,611 |
| Physician Highest compensated employee, 50.00 hrs/week | $0 | $628,799 | $36,654 | $665,453 |
| Physician Highest compensated employee, 50.00 hrs/week | $0 | $598,515 | $56,514 | $655,029 |
188 people received more than $100,000 in reportable compensation from Concord Hospital - Laconia (Part VII, line 2).
5 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–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 51,120
- Volunteers Part I, line 650
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Medefis Consolidated Staffing solutions | $2,289,181 |
| Medicus Healthcare Solutions Healthcare solutions | $496,209 |
| Virtual Neurology PLLC Healthcare services | $483,480 |
| Dipak Ramkumar Healthcare services | $477,351 |
| Healthcare Workforce Logistics Staffing solutions | $445,219 |
Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.
Private foundation grants it received
2 private foundations reported grants to Concord Hospital - Laconia totaling $29,063 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 Concord Hospital - Laconia'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 - Laconia, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Concord Hospital - Laconia spent in FY2025, $84.96 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Concord Hospital - Laconia's spending goes to programs?
In the fiscal year ending September 30, 2025, Concord Hospital - Laconia reported that 85.0% of its $173.9 million in expenses went to program services, 14.9% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Concord Hospital - Laconia pay its top executive?
The largest total compensation Concord Hospital - Laconia 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 - Laconia get its money?
Of $166.9 million in revenue in the fiscal year ending September 30, 2025, 1.1% came from contributions and grants (including 0.8% from government grants) and 98.8% from program service revenue (Form 990, Part VIII).
Is Concord Hospital - Laconia a registered charity?
The IRS lists EIN 85-1443782 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 202602099349300135 · read the filing
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202511819349300226 · read the filing
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202431839349300223 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332079349300918 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232019349301223 · read the filing
All filings for EIN 85-1443782: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.