New Hampshire Hospital Association

EIN: 026012527

Concord, NH

Total Revenue
$2,894,621
Total Expenses
$2,720,372
Total Assets
$4,548,425
Net Assets
$4,211,907
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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
1934
Legal Domicile
NH
Principal Officer
Stephen Ahnen
Phone
6032250900
Tax Period
2024-01-01 to 2024-12-31

New Hampshire Hospital Association, founded in 1934, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2024. Expenses of $2.7M left a modest 6% surplus.

Mission

To enhance the clinical & economic performance of hospitals.

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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 $0
Program Service Revenue $2,664,392
Investment Income $84,652
Other Revenue $145,577
TOTAL REVENUE $2,894,621

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,501,094
Fundraising Expenses $0
Other Expenses $1,219,278
TOTAL EXPENSES $2,720,372

Year-over-Year Comparison

2024 2023 Change
Revenue $2,894,621 $2,853,134 +0.0%
Expenses $2,720,372 $2,753,308 0.0%
Net Income $174,249 $99,826 +0.7%
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
15
Independent Members
14
Employees
10
Volunteers
16

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
7
$929,222
Total Directors
17
$663,449
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Stephen Ahnen President & CEO 40.00
Officer Director
$571,724 $91,725 $663,449
Susan Reeves EdD RN CENP Chair 1.00
Officer Director
$0 $0 $0
Michael Peterson FACHE Vice Chair 1.00
Officer Director
$0 $0 $0
John Jurczyk FACHE Secretary/Treasurer 1.00
Officer Director
$0 $0 $0
Greg Baxter MD MBA FACEP Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Debra Cresta Trustee 1.00
Director
$0 $0 $0
Sharon Hartl Trustee 1.00
Director
$0 $0 $0
Eileen Keefe RN Trustee 1.00
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
Robert Nutter Trustee 1.00
Director
$0 $0 $0
Richard Scheinblum Trustee 1.00
Director
$0 $0 $0
Scott Sloane Trustee 1.00
Director
$0 $0 $0
Alex Walker Trustee 1.00
Director
$0 $0 $0
Dean Carucci Past Immediate Past Chair 1.00
Officer Director
$0 $0 $0
Jeremy Roberge Past Trustee 1.00
Director
$0 $0 $0
Kathleen Bizarro-Thunberg Executive Vice President 40.00
Officer
$231,281 $34,492 $265,773
Benjamin C Bradley VP State Government Relations 40.00
Highest
$154,660 $35,511 $190,171
Caroline Lavoie VP. Data Analyst 20.00
Highest
$105,333 $12,098 $117,431
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 $2,894,621 $2,720,372 $4,548,425 $174,249
2023 $2,853,134 $2,753,308 $4,091,657 $99,826
2022 $2,774,437 $2,647,561 $3,837,832 $126,876
2021 $2,616,289 $2,397,781 $4,512,482 $218,508
2020 $2,763,633 $2,498,056 $3,981,172 $265,577
2019 $2,457,189 $2,386,969 $3,961,922 $70,220
2018 $2,362,390 $2,300,888 $3,825,328 $61,502
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