FAIRVIEW HOSPITAL

EIN: 042133860 501(c)(3) Health Care

PITTSFIELD, MA

Total Revenue
$97,421,063
Total Expenses
$86,954,722
Total Assets
$122,102,655
Net Assets
$100,304,647
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1912
Legal Domicile
MA
Principal Officer
SCOTT STGEORGE
Phone
4134472508
Tax Period
2023-10-01 to 2024-09-30

FAIRVIEW HOSPITAL, founded in 1912, is a mid-sized nonprofit in the Health Care sector that reported $97.4M in total revenue in fiscal year 2023. Expenses of $87.0M left a modest 11% surplus.

Mission

ADVANCE THE HEALTH & WELLNESS OF OUR COMMUNITY IN A WELCOMING,INCLUSIVE,& PERSONALIZED ENVIRONMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,527,289
Program Service Revenue $90,349,588
Investment Income $5,238,311
Other Revenue $305,875
TOTAL REVENUE $97,421,063

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,231,279
Fundraising Expenses $206,336
Program Expenses $76,644,091
Other Expenses $40,723,443
TOTAL EXPENSES $86,954,722

Year-over-Year Comparison

2023 2022 Change
Revenue $97,421,063 $101,772,969 0.0%
Expenses $86,954,722 $82,451,373 +0.1%
Net Income $10,466,341 $19,321,596 -0.5%
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
23
Independent Members
18
Employees
426
Volunteers
50

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
4
$1,869,581
Total Directors
27
$2,762,128
Key Employees
2
$809,106
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARLENE M RODOWICZ PRESIDENT/TRUSTEE 3.00
Officer Director
$0 $37,153 $1,092,652
RICHARD ALCOMBRIGHT TRUSTEE 1.00
Director
$0 $0 $0
ALFRED A BARBALUNGA TRUSTEE 1.00
Director
$0 $0 $0
ALEC R BELMAN MD PHYSICIAN/TRUSTEE 50.00
Director
$411,303 $69,757 $481,060
JASON BRATCHER MD TRUSTEE 1.00
Director
$0 $30,341 $672,180
ALBERT BRAVO DPM TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY BURKE TRUSTEE 1.00
Director
$0 $0 $0
ROBERT CELLA JR MD TRUSTEE 1.00
Director
$0 $0 $0
EDITH KIT DOBELLE TRUSTEE 1.00
Director
$0 $0 $0
DAVID HALL TRUSTEE 1.00
Director
$0 $0 $0
LETICIA SE HAYNES TRUSTEE 1.00
Director
$0 $0 $0
EDMUND HORNSTEIN DO TRUSTEE 1.00
Director
$0 $380 $227,562
SUSAN KORMANIK TRUSTEE 1.00
Director
$0 $0 $0
JOHN A LOIODICE PHYSICIAN/TRUSTEE 1.00
Director
$0 $38,038 $288,674
DAVID MORESI TRUSTEE 1.00
Director
$0 $0 $0
KATHLEEN MCCORMICK TRUSTEE 1.00
Director
$0 $0 $0
LAURIE NORTON MOFFATT TRUSTEE 1.00
Director
$0 $0 $0
FREDERICK PUDDESTER TRUSTEE 1.00
Director
$0 $0 $0
BARTON D RASER TRUSTEE/ CHAIRMAN 1.00
Officer Director
$0 $0 $0
DEBORAH RENZI TRUSTEE TERM BEGAN 1/24 1.00
Director
$0 $0 $0
JEANETTE SMITH PHD TRUSTEE TERM BEGAN 1/24 1.00
Director
$0 $0 $0
ANAKATINA CORDON SUFFISH TRUSTEE 1.00
Director
$0 $0 $0
ERWIN A STUEBNER JR MD TRUSTEE TERM ENDED 12/23 1.00
Director
$0 $0 $0
JOHN L BISSELL TRUSTEE TERM ENDED 12/23/VICE CHAIRMAN 1.00
Director
$0 $0 $0
BRONLY S BOYD TRUSTEE TERM ENDED 12/23 1.00
Director
$0 $0 $0
CAROLE G SIEGEL TRUSTEE TERM ENDED 12/23 1.00
Director
$0 $0 $0
SHAWN V CUSSON TRUSTEE TERM BEGAN 1/24 1.00
Director
$0 $0 $0
SCOTT STGEORGE TREASURER 3.00
Officer
$0 $25,392 $627,894
CHERYL M BOUDREAU CLERK 2.00
Officer
$0 $19,721 $149,035
JOSHUA PACHECO PHYSICIAN 50.00
Key Emp
$459,608 $56,386 $515,994
DOREEN HUTCHINSON VICE PRESIDENT, OPERATIONS 50.00
Key Emp
$262,059 $31,053 $293,112
CHRISTOPHER CLARK PHYSICIAN 50.00
Highest
$323,215 $25,071 $348,286
TODD MURRAY PHYSICIAN 50.00
Highest
$364,917 $54,933 $419,850
RAHUL CHANDRA SHEKHAR PHYSICIAN 50.00
Highest
$230,031 $23,209 $253,240
MICHAEL CODINI PHYSICIAN 50.00
Highest
$285,295 $53,240 $338,535
ELEANOR RAGONE PHYSICIAN 50.00
Highest
$359,957 $14,333 $374,290
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 $97,421,063 $86,954,722 $122,102,655 $10,466,341
2023 $101,772,969 $82,451,373 $105,059,086 $19,321,596
2022 $86,442,564 $75,470,188 $91,131,031 $10,972,376
2021 $83,351,337 $69,362,836 $83,701,809 $13,988,501
2020 $68,407,452 $69,010,247 $65,669,333 $-602,795
2019 $62,055,999 $56,380,556 $53,788,024 $5,675,443
2018 $58,810,959 $54,361,744 $49,666,793 $4,449,215
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