BRIDGTON HOSPITAL

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1917

Legal Domicile

Principal Officer

STEVEN LITTLESON

Phone

2077952813

Tax Period

2024-07-01 to 2025-06-30

BRIDGTON HOSPITAL, founded in 1917, is a mid-sized nonprofit in the Health Care sector that reported $59.8M in total revenue in fiscal year 2024. Expenses of $53.9M left a modest 10% surplus.

Mission

TO PROVIDE EXCEPTIONAL HEALTHCARE SERVICES IN A SAFE AND TRUSTFULENVIRONMENT THROUGH THE EXPERTISE, COMMITMENT, AND COMPASSION OFOUR FAMILY OF CAREGIVERS.

Program Service Accomplishments

Program 1

Expenses: $46,744,419 Revenue: $56,795,856

BRIDGTON HOSPITAL IS A CRITICAL ACCESS HOSPITAL SERVING 20 SURROUNDING COMMUNITIES PLUS THE MOUNT WASHINGTON VALLEY COMMUNITIES OF NEW HAMPSHIRE. THE HOSPITAL HAS A MEDICAL/SURGICAL UNIT, CRITICAL...

BRIDGTON HOSPITAL IS A CRITICAL ACCESS HOSPITAL SERVING 20 SURROUNDING COMMUNITIES PLUS THE MOUNT WASHINGTON VALLEY COMMUNITIES OF NEW HAMPSHIRE. THE HOSPITAL HAS A MEDICAL/SURGICAL UNIT, CRITICAL CARE UNIT. OUR TWO OPERATING ROOMS HANDLE GENERAL, ORTHOPEDIC, AND AMBULATORY SURGERY. THE HOSPITAL HAS A 24 HOUR EMERGENCY DEPARTMENT AND NUMEROUS PROFESSIONAL SERVICES INCLUDING CT SCANNING, MRI, NUCLEAR MEDICINE SPECT SCANNING, TREADMILL INCLUDING THALLIUM ONCOLOGY CLINIC, INPATIENT AND OUTPATIENT PHYSICAL THERAPY AND MEDICAL SCIENCES LIBRARY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,384,396

Program Service Revenue $56,692,983

Investment Income $1,635,309

Other Revenue $97,949

TOTAL REVENUE $59,810,637

Expense Breakdown

Grants Paid $0

Salaries & Benefits $25,745,755

Fundraising Expenses $0

Program Expenses $46,744,419

Other Expenses $28,141,139

TOTAL EXPENSES $53,886,894

Year-over-Year Comparison

	2024	2023	Change
Revenue	$59,810,637	$59,020,348	+0.0%
Expenses	$53,886,894	$54,582,134	0.0%
Net Income	$5,923,743	$4,438,214	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

337

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$2,539,193

Total Directors

$1,846,494

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE LITTLESON	PRESIDENT	3.00	Officer Director	$0	$249,217	$1,090,693
HECTOR TARRAZA	DIRECTOR	3.00	Director	$0	$8,625	$385,088
DAVID SALKO	DIRECTOR	3.00	Director	$0	$40,664	$370,713
DEVORE CULVER	CHAIR	3.00	Officer Director	$0	$0	$0
AUSTIN ALBERT	VICE CHAIR	3.00	Officer Director	$0	$0	$0
MARBEY CHALMERS	DIRECTOR	3.00	Director	$0	$0	$0
JANET KOSKI	DIRECTOR - PART YEAR	3.00	Director	$0	$0	$0
JAMES MARTIN	DIRECTOR	3.00	Director	$0	$0	$0
JOHN MCANUFF	DIRECTOR	3.00	Director	$0	$0	$0
LAURENCE MERLIS	DIRECTOR	3.00	Director	$0	$0	$0
LINDA PEPIN	DIRECTOR	3.00	Director	$0	$0	$0
LOUIS SILVERMAN	DIRECTOR	3.00	Director	$0	$0	$0
GEOFFREY SWIFT	DIRECTOR	3.00	Director	$0	$0	$0
KENNETH WEBB	DIRECTOR	3.00	Director	$0	$0	$0
DAVID PAULOSKY	TREASURER	3.00	Officer	$0	$83,304	$646,853
STEPHANY JACQUES	PRESIDENT BRIGTON HOSPITAL	30.00	Officer	$0	$38,340	$397,613
ELIZABETH SHEW	SECRETARY	3.00	Officer	$0	$64,999	$404,034
DARIUSZ PIERKO	PHYSICIAN	55.00	Highest	$324,273	$34,651	$358,924
MARY WOOD	PHYSICIAN	55.00	Highest	$289,879	$38,519	$328,398
MYRIAM JOLICOEUR	PHYSICIAN	55.00	Highest	$285,674	$7,519	$293,193
CHARLES-KEVIN BERGERON POULIN	PHYSICIAN	55.00	Highest	$284,535	$36,365	$320,900
SETH RABINOWITZ	PHYSICIAN	55.00	Highest	$247,981	$6,749	$254,730

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$59,810,637	$53,886,894	$33,512,564	$5,923,743
2024	No data	No data	No data	No data
2023	$70,381,096	$54,554,893	$38,216,754	$15,826,203
2022	$66,157,717	$56,464,558	$30,748,124	$9,693,159
2021	$55,206,126	$48,446,030	$42,315,863	$6,760,096
2020	$49,375,323	$45,992,045	$65,319,453	$3,383,278
2019	$47,462,422	$48,533,946	$57,847,004	$-1,071,524
2018	$51,035,581	$51,775,423	$57,596,830	$-739,842