Speare Memorial Hospital

EIN: 020226774 501(c)(3) Health Care

Plymouth, NH

Total Revenue
$85,362,123
Total Expenses
$84,642,125
Total Assets
$91,674,134
Net Assets
$67,908,715
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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
1899
Legal Domicile
NH
Principal Officer
Michelle McEwen
Phone
6035361120
Tax Period
2024-07-01 to 2025-06-30

Speare Memorial Hospital, founded in 1899, is a mid-sized nonprofit in the Health Care sector that reported $85.4M in total revenue in fiscal year 2024.

Mission

We are a patient and family-centered hospital committed to kindness and collaboration,. Our mission is to work together to serve the needs of our patients and community. We envision a community who works together to achieve optimal health.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $912,036
Program Service Revenue $82,481,530
Investment Income $1,945,457
Other Revenue $23,100
TOTAL REVENUE $85,362,123

Expense Breakdown

Grants Paid $86,795
Salaries & Benefits $48,850,351
Fundraising Expenses $113,952
Program Expenses $80,956,545
Other Expenses $35,704,979
TOTAL EXPENSES $84,642,125

Year-over-Year Comparison

2024 2023 Change
Revenue $85,362,123 $80,410,127 +0.1%
Expenses $84,642,125 $80,162,341 +0.1%
Net Income $719,998 $247,786 +1.9%
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

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Governance

Voting Members
12
Independent Members
11
Employees
614
Volunteers
18

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
10
$1,573,198
Total Directors
17
$480,523
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michelle McEwen President/CEO 40.00
Officer Director
$416,013 $64,510 $480,523
Steven Camerino Board Chair 1.00
Officer Director
$0 $0 $0
Patrick Miller Board Vice Chair 1.00
Officer Director
$0 $0 $0
Julie Bernier Secretary 1.00
Officer Director
$0 $0 $0
Walter Johnson Treasurer 1.00
Officer Director
$0 $0 $0
Donna Driscoll Board Member 1.00
Director
$0 $0 $0
Ken Evans Board Member 1.00
Director
$0 $0 $0
Dolores Hopper Board Member 1.00
Director
$0 $0 $0
Elizabeth Kleiner Board Member 1.00
Director
$0 $0 $0
John Moulton Board Member 1.00
Director
$0 $0 $0
Susan Scrimshaw Board Member 1.00
Director
$0 $0 $0
Margaret Turner Board Member 1.00
Director
$0 $0 $0
Lisa Baker Past Board Member 1.00
Director
$0 $0 $0
Robert Maloney Past Board Member 1.00
Director
$0 $0 $0
Thomas Myrick Past Board Member 1.00
Director
$0 $0 $0
Nancy Puglisi Past Board Member 1.00
Director
$0 $0 $0
Kevin Young Past Board Chair 1.00
Officer Director
$0 $0 $0
Joseph Caristi CFO 40.00
Officer
$183,178 $34,255 $217,433
Joseph Ebner MD CMO 40.00
Officer
$358,534 $49,532 $408,066
Meaghan Smith CNO 40.00
Officer
$197,484 $53,216 $250,700
Daniel Sherman CSO 40.00
Officer
$163,863 $52,613 $216,476
James Koren Physician 40.00
Highest
$382,250 $65,418 $447,668
Elizabeth Disney Physician 40.00
Highest
$381,545 $43,270 $424,815
Paul Musco Physician 40.00
Highest
$515,466 $74,877 $590,343
Andrew Seefeld Physician 40.00
Highest
$459,757 $79,566 $539,323
Joanie Peter Physician 40.00
Highest
$378,081 $64,261 $442,342
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 $85,362,123 $84,642,125 $91,674,134 $719,998
2024 No data No data No data No data
2023 $78,762,729 $77,186,933 $91,200,273 $1,575,796
2022 $79,329,039 $74,203,845 $97,794,161 $5,125,194
2021 $78,325,414 $67,247,699 $103,298,307 $11,077,715
2020 $67,136,959 $65,938,223 $83,889,184 $1,198,736
2019 $66,035,203 $64,413,767 $78,874,073 $1,621,436
2018 $62,256,667 $61,163,778 $72,660,085 $1,092,889
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