Foundation for Healthy Communities

EIN: 020275078 501(c)(3) Health Care

Concord, NH

Total Revenue
$8,846,523
Total Expenses
$8,921,182
Total Assets
$4,248,381
Net Assets
$3,373,910
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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
1968
Legal Domicile
NH
Principal Officer
Stephen M Ahnen
Phone
6032250900
Tax Period
2024-01-01 to 2024-12-31

Foundation for Healthy Communities, founded in 1968, is a community nonprofit in the Health Care sector that reported $8.8M in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring.

Mission

To improve health and health care delivery in New Hampshire.

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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 $7,798,265
Program Service Revenue $992,397
Investment Income $55,861
Other Revenue $0
TOTAL REVENUE $8,846,523

Expense Breakdown

Grants Paid $4,210,583
Salaries & Benefits $2,177,010
Fundraising Expenses $0
Program Expenses $8,357,184
Other Expenses $2,533,589
TOTAL EXPENSES $8,921,182

Year-over-Year Comparison

2024 2023 Change
Revenue $8,846,523 $18,806,609 -0.5%
Expenses $8,921,182 $17,601,276 -0.5%
Net Income $-74,659 $1,205,333 -1.1%
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
20
Independent Members
18
Employees
22
Volunteers
19

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
5
$887,387
Total Directors
21
$887,387
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Ames Executive Director 40.00
Officer Director
$177,116 $46,822 $223,938
Stephen Ahnen Secretary/Treasurer 1.00
Officer Director
$0 $91,725 $663,449
Lauren Collins-Cline Immediate Past Chair 0.50
Officer Director
$0 $0 $0
Betsey Rhynhart Chair 0.50
Officer Director
$0 $0 $0
Andrew Watt MD Vice Chair 0.50
Officer Director
$0 $0 $0
Mark Bonica Trustee 0.50
Director
$0 $0 $0
Annette Escalante MSW MLADC Trustee 0.50
Director
$0 $0 $0
Cherie Holmes MD Trustee 0.50
Director
$0 $0 $0
Fuad Kahn MD MBA Trustee 0.50
Director
$0 $0 $0
Sally Kraft MD Trustee 0.50
Director
$0 $0 $0
Eileen Groll Liponis Trustee 0.50
Director
$0 $0 $0
Lisa Madden Trustee 0.50
Director
$0 $0 $0
Tom Manion MPA FACHE Trustee 1.00
Director
$0 $0 $0
Holly McCormack DNP RN Trustee 1.00
Director
$0 $0 $0
Colin McHugh Trustee 1.00
Director
$0 $0 $0
Sue Mooney MD Trustee 0.50
Director
$0 $0 $0
Jeremy Roberge CPA Trustee 1.00
Director
$0 $0 $0
Steve Saltzman Trustee 0.50
Director
$0 $0 $0
John Skevington Trustee 0.50
Director
$0 $0 $0
Susan Walsh Trustee 0.50
Director
$0 $0 $0
Deborah Broadhead RN Past Trustee 0.50
Director
$0 $0 $0
Kristine A Hering VP Quality Improvement 40.00
Highest
$202,556 $11,760 $214,316
Jon Scott Nichols Sr. Director, Health Care Coalition 40.00
Highest
$106,121 $6,915 $113,036
Luellyn J Valtin Sr. Director Rural Qlty Improvement 40.00
Highest
$124,303 $7,904 $132,207
Kate E Luczko Sr. Director Healthforce 40.00
Highest
$116,384 $14,688 $131,072
Beth Wheeler Sr. Director of Population Health 40.00
Highest
$100,117 $6,604 $106,721
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
2024 $8,846,523 $8,921,182 $4,248,381 $-74,659
2023 $18,806,609 $17,601,276 $4,362,037 $1,205,333
2022 $24,683,113 $24,223,668 $2,784,513 $459,445
2021 $12,126,255 $12,294,224 $1,947,762 $-167,969
2021 $12,126,255 $12,294,224 $1,947,762 $-167,969
2020 $13,135,402 $13,000,303 $1,981,638 $135,099
2019 $11,219,439 $11,503,017 $1,949,181 $-283,578
2018 $11,850,147 $11,840,983 $1,883,428 $9,164
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