Day Kimball Healthcare Inc

EIN: 060646599 501(c)(3) Health Care

Putnam, CT

Total Revenue
$128,669,612
Total Expenses
$129,194,812
Total Assets
$74,951,200
Net Assets
$-11,290,698
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1894
Legal Domicile
CT
Phone
8609286541
Tax Period
2023-10-01 to 2024-09-30

Day Kimball Healthcare Inc, founded in 1894, is a major nonprofit in the Health Care sector that reported $128.7M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

DKH IS A SHORT-TERM GENERAL CARE HOSPITAL PROVIDING COMPREHENSIVE HEALTHCARE SERVICES TO NORTHEASTERN CT AND BORDER COMMUNITIES IN MA AND RI.

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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 $7,356,434
Program Service Revenue $120,233,468
Investment Income $1,077,905
Other Revenue $1,805
TOTAL REVENUE $128,669,612

Expense Breakdown

Grants Paid $18,440
Salaries & Benefits $57,939,132
Fundraising Expenses $0
Program Expenses $120,189,848
Other Expenses $71,237,240
TOTAL EXPENSES $129,194,812

Year-over-Year Comparison

2023 2022 Change
Revenue $128,669,612 $113,815,421 +0.1%
Expenses $129,194,812 $130,715,343 0.0%
Net Income $-525,200 $-16,899,922 -1.0%
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
18
Independent Members
14
Employees
1013
Volunteers
65

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
8
$1,007,678
Total Directors
21
$1,819,728
Key Employees
1
$271,311
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWIN HIGGINS TREASURER 1.0
Officer Director
$0 $0 $0
JANICE THURLOW CHAIRMAN END 05/24 1.0
Officer Director
$0 $0 $0
JAY CYR DIRECTOR END 05/24; VICE CHAIR BEG 06/24 1.0
Officer Director
$0 $0 $0
KATHY ROCHA SECRETARY 1.0
Officer Director
$0 $0 $0
KYLE KRAMER CHIEF EXECUTIVE OFFICER 40.0
Officer Director
$0 $0 $0
PETER DEARY VICE CHAIR END 05/24; CHAIRMAN BEG 06/24 1.0
Officer Director
$0 $0 $0
RICHARD WILCON MD PRESIDENT / MEDICAL STAFF 1.0
Officer Director
$34,748 $28,886 $539,210
ANNE LAMONDY DIRECTOR 1.0
Director
$0 $0 $0
DANIEL SULLIVAN DIRECTOR END 05/24 1.0
Director
$0 $0 $0
JAMES ZAHANSKY DIRECTOR 1.0
Director
$0 $0 $0
JEFFREY RAWSON DIRECTOR BEG 06/24 1.0
Director
$0 $0 $0
KAREN COLE DIRECTOR 1.0
Director
$0 $0 $0
KRISTA MATSEN MD DIRECTOR END 07/24 1.0
Director
$12,000 $6,505 $177,479
KRISTEN XELLER MD DIRECTOR BEG 06/24 1.0
Director
$0 $0 $0
MATTHEW DESAULNIER DIRECTOR 1.0
Director
$0 $0 $0
MICHAEL BAUM MD DIRECTOR 1.0
Director
$0 $28,963 $370,661
NANCY WEISS DIRECTOR 1.0
Director
$0 $0 $0
PAUL MATTY MD DIRECTOR 1.0
Director
$14,000 $26,039 $304,633
PAUL SWEET DIRECTOR BEG 06/24 1.0
Director
$0 $0 $0
STEPHEN SCHIFF MD DIRECTOR BEG 06/24 1.0
Director
$0 $28,913 $427,745
STEVEN WEXLER MD DIRECTOR 1.0
Director
$0 $0 $0
PAUL A BEAUDOIN CHIEF FINANCIAL OFFICER 40.0
Officer
$468,010 $458 $468,468
JOHN O'KEEFE CNO 40.0
Key Emp
$244,657 $26,654 $271,311
ALEJANDRO CARVAJAL PHYSICIAN 40.0
Highest
$446,517 $17,969 $464,486
ALEXANDRE CARRE PHYSICIAN 40.0
Highest
$363,771 $391 $364,162
CHERYL PETRARCA EXECUTIVE DIRECTOR OF PATIENT CARE 40.0
Highest
$191,302 $6,370 $197,672
JOHN MODICA PHYSICIAN 40.0
Highest
$338,143 $18,439 $356,582
ROBERT VIENS EXEC. DIRECTOR OF PHARMACY/LAB/FACILITIES 40.0
Highest
$168,895 $27,189 $196,084
CARMEN PISC FORMER PHYSICIAN 0.0
$188,521 $0 $188,521
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 $128,669,612 $129,194,812 $74,951,200 $-525,200
2023 $113,815,421 $130,715,343 $74,285,594 $-16,899,922
2023 $113,815,421 $130,715,343 $74,285,594 $-16,899,922
2022 $127,293,021 $119,912,789 $78,766,295 $7,380,232
2021 $129,737,162 $119,382,510 $92,896,606 $10,354,652
2020 $109,975,454 $113,599,072 $92,107,218 $-3,623,618
2019 $118,346,052 $110,375,714 $92,892,711 $7,970,338
2018 $122,978,708 $115,263,295 $94,302,713 $7,715,413
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