The Danbury Hospital

EIN: 060646597 501(c)(3) Health Care

DANBURY, CT

Total Revenue
$903,751,781
Total Expenses
$917,544,364
Total Assets
$905,822,875
Net Assets
$521,376,186
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1886
Legal Domicile
CT
Phone
2037397000
Tax Period
2023-10-01 to 2024-09-30

The Danbury Hospital, founded in 1886, is a major nonprofit in the Health Care sector that reported $903.8M in total revenue in fiscal year 2023.

Mission

Improve the health of every person in our community through the efficient delivery of excellent, innovative and compassionate care.

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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 $8,649,995
Program Service Revenue $885,604,468
Investment Income $3,315,340
Other Revenue $6,181,978
TOTAL REVENUE $903,751,781

Expense Breakdown

Grants Paid $84,209
Salaries & Benefits $363,061,881
Fundraising Expenses $0
Program Expenses $850,479,246
Other Expenses $554,398,274
TOTAL EXPENSES $917,544,364

Year-over-Year Comparison

2023 2022 Change
Revenue $903,751,781 $872,375,186 +0.0%
Expenses $917,544,364 $847,323,275 +0.1%
Net Income $-13,792,583 $25,051,911 -1.6%
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
14
Independent Members
10
Employees
3352
Volunteers
572

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
$3,492,232
Total Directors
15
$2,039,698
Key Employees
4
$4,002,464
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE D HAIMS ESQ VICE CHAIR (TO 12/31) 3.0
Officer Director
$0 $0 $0
MARY ALICE GARRETT CHAIR 3.0
Officer Director
$0 $0 $0
SHARON ADAMS PRESIDENT DANBURY HOSPITAL; EASTERN REGIONAL PRESIDENT 38.0
Officer Director
$1,060,780 $22,810 $1,083,590
DAHLIA PLUMMER MD DIRECTOR/STAFF PHYSICIAN 2.0
Director
$0 $46,094 $702,828
JAMES MOSKOWITZ DIRECTOR 2.0
Director
$0 $0 $0
JOSHUA WEINSHANK ESQ DIRECTOR (FROM 12/7) 2.0
Director
$0 $0 $0
KIM MORGAN DIRECTOR 2.0
Director
$0 $0 $0
LISA A ESNEAULT DIRECTOR 2.0
Director
$0 $0 $0
MARIA GARCIA DIRECTOR 2.0
Director
$0 $0 $0
MEENA THEVER DIRECTOR (FROM 12/07) 2.0
Director
$0 $0 $0
MICHELLE JAMES DIRECTOR 2.0
Director
$0 $0 $0
ROBERT HACKNEY DIRECTOR 2.0
Director
$0 $0 $0
ROBERT PARKER DIRECTOR 2.0
Director
$0 $0 $0
ROBERT SAVINO DO DIRECTOR 2.0
Director
$0 $30,776 $253,280
ROBIN GOODRICH EdD RN DIRECTOR 2.0
Director
$0 $0 $0
BRIAN WYATT SECRETARY & CHIEF LEGAL OFFICER 2.0
Officer
$0 $124,638 $758,850
DANIEL DEBARBA CHIEF FINANCIAL OFFICER; TREASURER 2.0
Officer
$0 $175,627 $1,649,792
JEAN AHN CHIEF STRATEGY OFFICER 5.0
Key Emp
$0 $98,768 $1,079,899
KATHRYN D CULLINAN CHIEF HUMAN RESOURCES OFFICER 5.0
Key Emp
$0 $111,060 $827,453
MICHELLE ROBERTSON CHIEF OPERATING OFFICER 5.0
Key Emp
$0 $187,713 $1,525,961
WAYNE MCNULTY CHIEF COMPLIANCE OFFICER 5.0
Key Emp
$0 $33,749 $569,151
DAWN P MARTIN RN CHIEF NURSING OFFICER 40.0
Highest
$393,189 $33,890 $427,079
EVA H SKELLY RN REGISTERED NURSE 1.0
Highest
$5,351 $28,457 $441,395
JENNIFER L FILIPPONE VP NETWORK OPERATIONS 20.0
Highest
$407,321 $20,488 $427,809
MAJID SADIGH DIRECTOR OF GLOBAL HEALTH 40.0
Highest
$302,344 $34,517 $336,861
WILLIAM DELANEY MD CHC EXECUTIVE MEDICAL DIRECTOR 40.0
Highest
$320,351 $62,650 $383,001
CORNELIUS FERREIRA MD FORMER DIRECTOR & SYS. CHAIR PRIMARY CARE 0.0
$124,715 $11,741 $136,456
JOHN M MURPHY MD NUVANCE CEO/FORMER DIRECTOR 2.0
$0 $53,709 $3,956,016
THOMAS KOOBATIAN MD EXEC DIR/CHIEF OF STAFF-NMH 0.0
$0 $61,535 $618,572
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 $903,751,781 $917,544,364 $905,822,875 $-13,792,583
2023 $872,375,186 $847,323,275 $900,891,336 $25,051,911
2022 $818,823,850 $787,818,022 $931,003,057 $31,005,828
2021 $798,413,805 $739,029,200 $968,428,982 $59,384,605
2020 $740,396,088 $721,766,095 $888,908,051 $18,629,993
2019 $741,874,050 $717,006,081 $844,564,145 $24,867,969
2018 $707,008,259 $699,362,337 $771,984,782 $7,645,922
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