Windham Community Memorial Hospital Inc

EIN: 060646966 501(c)(3) Health Care

Willimantic, CT

Total Revenue
$122,370,882
Total Expenses
$117,211,227
Total Assets
$93,172,667
Net Assets
$27,065,053
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Financial Trends

Organization Details

Formation Year
1908
Legal Domicile
CT
Principal Officer
Donna Handley
Phone
8606963530
Tax Period
2023-10-01 to 2024-09-30

Windham Community Memorial Hospital Inc, founded in 1908, is a major nonprofit in the Health Care sector that reported $122.4M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $117.2M left a modest 4% surplus.

Mission

The mission of Windham Community Memorial Hospital is to offer comprehensive services in an environment where innovation and teaching are integral to care; where we are proud to serve patients and one another; where meeting the challenge of complex medical needs is viewed as a defining competency; and where quality and safety of care are a constant.

Program Service Accomplishments

Program 1
Expenses: $12,891,171 Revenue: $15,762,888

Digestive Health:At the Hartford HealthCare Digestive Health Institute at Windham Hospital, the staff is dedicated to providing comprehensive care for a wide range of digestive health concerns. Our...

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Digestive Health:At the Hartford HealthCare Digestive Health Institute at Windham Hospital, the staff is dedicated to providing comprehensive care for a wide range of digestive health concerns. Our team of experts utilizes advanced diagnostic and therapeutic techniques to accurately diagnosis and manage various conditions, ensuring patients receive the highest quality of care tailored to their individual needs.Digestive health services we offer include:*Endoscopy services*Colon Cancer Screening*Complex Hernia Repair & Abdominal Core Health*Gallbladder Surgery*Thyroid Surgery*Breast Surgery*Liver Health and Hepatology*Soft Tissue Management: Lipoma and Cyst Removal At the completion of FY24, the Division of Gastroenterology had 7,450 cases with an average length of stay of 3.0 days.

Program 2
Expenses: $12,788,221 Revenue: $12,428,222

Bone & Joint (Orthopedics):The Orthopedics Department at Windham community Memorial Hospital offers the community a full range of services, including Hand and Upper Extremity, Total Joint Care...

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Bone & Joint (Orthopedics):The Orthopedics Department at Windham community Memorial Hospital offers the community a full range of services, including Hand and Upper Extremity, Total Joint Care, Sports Medicine, Physical Therapy and Advanced Imaging. As a member of Hartford HealthCare Corporation's network, the hospital has access to the integrated health network's recognized expertise, ongoing research studies that evaluate new treatments and one of the nation's top training centers for robot-assisted surgery. Windham Community Memorial Hospital surgeons are the first in Windham County to Utilize Mako robotic arm-assisted technology for total hip and knee replacement. Our Specialties include:Advanced ImagingFoot & AnkleHand & Upper ExtremityHipKneeOsteoporosisShoulderSpine CareSports MedicineTotal ReplacementsJoint Replacement Pre-Op classesAt the completion of FY24, the Division of Orthopedics had 13,003 cases with an average length of stay of 3.7 days.

Program 3
Expenses: $10,012,899 Revenue: $13,156,644

Heart and Vascular:Windham Hospital is a 130-bed, not-for-profit acute care community hospital providing state-of-the-art comprehensive medical services, personalized attention and care. The hospital...

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Heart and Vascular:Windham Hospital is a 130-bed, not-for-profit acute care community hospital providing state-of-the-art comprehensive medical services, personalized attention and care. The hospital is a member of the Hartford HealthCare Network which includes Hartford Hospital. Hartford HealthCare is Connecticut's most comprehensive healthcare network.If you're a cardiology patient facing a battery of tests and procedures like EKG, stress tests or even diagnostic catheterization, your comfort and convenience is important. Windham Hospital offers world-class clinicians and state-of-the-art technology for comprehensive cardiac care including heart function screening and other studies, as well as oversight and administration of drugs and other therapies to improve heart function. The hospital is a member of the Windham Hospital patients can receive advanced care such as bypass and transplants at Hartford Hospital. Emergent transfers to Hartford Hospital can occur in less than an hour via LIFE STAR. Heart & Vascular Services Provided at Windham Hospital: Echo, Electrocardiogram, Full Outpatient Device Clinic, Holter and 30-day Event Monitoring, Pacemaker Insertion and Follow-up Care, Stress Testing, & Vascular Testing Arterial. At the completion of FY24, the Division had 9,125 cases with an average length of stay of 3.3 days.

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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 $278,628
Program Service Revenue $120,939,980
Investment Income $558,212
Other Revenue $594,062
TOTAL REVENUE $122,370,882

Expense Breakdown

Grants Paid $54,405
Salaries & Benefits $51,763,051
Fundraising Expenses $77,081
Program Expenses $107,190,674
Other Expenses $65,393,771
TOTAL EXPENSES $117,211,227

Year-over-Year Comparison

2023 2022 Change
Revenue $122,370,882 $129,197,725 -0.1%
Expenses $117,211,227 $130,429,245 -0.1%
Net Income $5,159,655 $-1,231,520 -5.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
7
Employees
753
Volunteers
66

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
$1,682,828
Total Directors
12
$2,038,779
Key Employees
6
$1,740,605
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Barry MD Director (Thru 06/24) 1.00
Director
$0 $0 $0
Henry Beck Director 1.00
Director
$0 $0 $0
Kristin Gildersleeve MD Director (Thru 10/23) 1.00
Director
$0 $58,327 $369,142
Joanna Chaurette MD Director 1.00
Director
$0 $63,059 $375,201
Lee-Ann Gomes Director 1.00
Director
$0 $0 $0
Donna Handley Director/President 30.00
Officer Director
$0 $75,283 $978,621
Anthony Joyce III Chair 2.00
Officer Director
$0 $0 $0
Daniel King Director 1.00
Director
$0 $0 $0
Stephen Larcen MD Director 1.00
Director
$0 $0 $0
Anita Lee Director 1.00
Director
$0 $0 $0
Christina Nadeau Director 1.00
Director
$0 $0 $0
Mark Tramontozzi MD Vice Chair 2.00
Officer Director
$0 $44,900 $315,815
Anthony Mastroianni VP, Finance 30.00
Officer
$0 $66,757 $388,392
Liz Li VP, Human Resources 30.00
Key Emp
$0 $23,105 $207,641
Rebecca Durham VP, Patient Care Services 30.00
Key Emp
$0 $23,506 $295,899
Matthew Kaufman VP, Operations 30.00
Key Emp
$0 $59,157 $371,293
Michael Bontempo VP, Human Services (Thru 02/24) 30.00
Key Emp
$0 $6,239 $38,566
Mohammed Ahmad Quereshi MD VP, Medical Affairs 30.00
Key Emp
$0 $56,777 $437,804
Colleen Desai VP, Patient Care Svcs (Thru 12/23) 30.00
Key Emp
$0 $58,805 $389,402
Melisha Cumberland Hospitalist 60.00
Highest
$525,110 $25,376 $550,486
Julian Munoz MD Hospitalist 60.00
Highest
$385,815 $35,686 $421,501
Michael Keenan MD Hospitalist 60.00
Highest
$391,167 $49,739 $440,906
Kyle Finnegan MD Hospitalist 60.00
Highest
$347,361 $33,186 $380,547
Michael Davis Sr Dir Operations 60.00
Highest
$270,079 $29,334 $299,413
Abbie Courtemanche MD Former Key EE 0.00
$0 $35,439 $441,703
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 $122,370,882 $117,211,227 $93,172,667 $5,159,655
2023 $129,197,725 $130,429,245 $89,755,387 $-1,231,520
2022 $137,042,380 $122,964,926 $90,989,065 $14,077,454
2021 $133,669,653 $126,431,649 $72,116,870 $7,238,004
2020 $121,054,683 $117,311,906 $68,084,533 $3,742,777
2019 $109,945,420 $106,666,672 $60,017,455 $3,278,748
2018 $97,505,509 $96,639,206 $67,289,632 $866,303
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