Stamford Health Inc

EIN: 222476636 501(c)(3) Health Care

STAMFORD, CT

Total Revenue
$5,063,307
Total Expenses
$1,459,598
Total Assets
$144,637,871
Net Assets
$114,184,955
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
CT
Phone
2032761000
Tax Period
2023-10-01 to 2024-09-30

Stamford Health Inc, founded in 1983, is a community nonprofit in the Health Care sector that reported $5.1M in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $3.6M, a strong 71% operating margin.

Mission

STAMFORD HEALTH, INC. IS A SUPPORTING ORGANIZATION WHOSE MISSION IS TO SUPPORT ITS AFFILIATE ORGANIZATIONS: THE STAMFORD HOSPITAL AND SHMG.

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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 $0
Program Service Revenue $1,067,697
Investment Income $3,995,610
Other Revenue $0
TOTAL REVENUE $5,063,307

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,867
Fundraising Expenses $0
Program Expenses $1,354,682
Other Expenses $1,441,731
TOTAL EXPENSES $1,459,598

Year-over-Year Comparison

2023 2022 Change
Revenue $5,063,307 $5,610,162 -0.1%
Expenses $1,459,598 $1,465,941 0.0%
Net Income $3,603,709 $4,144,221 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
11
Employees
N/A
Volunteers
N/A

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
$5,214,457
Total Directors
15
$4,058,607
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathleen Silard President & CEO 2.0
Officer Director
$0 $59,518 $2,008,332
Chad Spooner Director 2.0
Director
$0 $0 $0
Cheryl De Vonish Director 2.0
Director
$0 $0 $0
Elizabeth Zea Director 2.0
Director
$0 $0 $0
Enrique Chang Director 2.0
Director
$0 $0 $0
James Thomas Chairman 2.0
Director
$0 $0 $0
Lucy Galbraith Director 2.0
Director
$0 $0 $0
Maher Madhoun MD PHYSICIAN Director 2.0
Director
$0 $72,763 $757,589
Mallory Martino Director 2.0
Director
$0 $0 $0
Matthew Dumas Director 2.0
Director
$0 $0 $0
Michael Diliberto Director 2.0
Director
$0 $0 $0
Michael Ebright MD Physician Director (SHMG) 2.0
Director
$0 $75,763 $858,810
Patrick Hackett Director 2.0
Director
$0 $0 $0
Paul Giusti Director 2.0
Director
$0 $0 $0
Shara Israel MD Physician Director (SHMG) 2.0
Director
$0 $122,107 $433,876
Elaine Guglielmo Termed - Sr. VP HR ganization Development 2.0
Officer
$0 $46,773 $592,697
Elizabeth Longmore Sr. VP Operations COO 2.0
Officer
$0 $133,442 $958,697
Michael Veillette Sr. VP FINANCE CFO 2.0
Officer
$0 $128,102 $1,055,799
Sal Mancino Sr. VP HR ganization Development 2.0
Officer
$0 $110,512 $598,932
Kevin Gage Termed - Sr. VP Finance CFO 0.0
$0 $0 $129,822
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 $5,063,307 $1,459,598 $144,637,871 $3,603,709
2023 $5,610,162 $1,465,941 $112,225,365 $4,144,221
2022 $6,788,756 $1,502,142 $95,766,036 $5,286,614
2021 $10,796,376 $1,465,110 $116,971,228 $9,331,266
2020 $2,697,212 $1,253,818 $101,583,937 $1,443,394
2019 $9,196,395 $1,683,054 $90,417,095 $7,513,341
2018 $3,546,437 $1,645,365 $89,263,717 $1,901,072
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