COMMUNITY HEALTH SYSTEMS INC

EIN: 222543622 501(c)(3) Health Care

Attleboro, MA

Total Revenue
$3,068,515
Total Expenses
$6,271,640
Total Assets
$26,745,845
Net Assets
$22,233,559
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
MA
Principal Officer
Russell T Dubuc
Phone
5082220118
Tax Period
2020-01-01 to 2020-12-31

COMMUNITY HEALTH SYSTEMS INC, founded in 1984, is a community nonprofit in the Health Care sector that reported $3.1M in total revenue in fiscal year 2020. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $6.3M exceeded revenue, resulting in a 104% operating deficit.

Mission

Community Health Systems, Inc. provides management services, fund raising activities, investment functions and holds commercial real estate properties principally for the benefit of its two tax exempt health service affiliates.

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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 (2020)

Revenue Breakdown

Contributions & Grants $12,567
Program Service Revenue $2,070,982
Investment Income $919,998
Other Revenue $64,968
TOTAL REVENUE $3,068,515

Expense Breakdown

Grants Paid $2,964,233
Salaries & Benefits $2,168,242
Fundraising Expenses $164,098
Program Expenses $3,236,256
Other Expenses $1,139,165
TOTAL EXPENSES $6,271,640

Year-over-Year Comparison

2020 2019 Change
Revenue $3,068,515 $4,151,070 -0.3%
Expenses $6,271,640 $3,777,492 +0.7%
Net Income $-3,203,125 $373,578 -9.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
23
Volunteers
15

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
3
$798,277
Total Directors
15
$0
Key Employees
1
$122,384
Highest Compensated
6
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Reynold G Spadoni CEO 13
Officer
$386,459 $13,832 $400,291
Dawn Sullivan COO 3.25
Officer
$195,065 $13,026 $208,091
Russell T Dubuc CFO 16.5
Officer
$181,601 $8,294 $189,895
Marlene Roberti Director Business Development 17.25
Highest
$163,894 $13,026 $176,920
Julie Feierstein Physical Therapist 0
Highest
$0 $19,787 $126,948
Eileen Leduc Nurse Manager 0
Highest
$0 $8,294 $126,283
Gail Robey Registered Nurse 0
Highest
$0 $8,294 $123,544
Cathie Miller Occupational Therapist 0
Highest
$0 $19,787 $123,439
Mary Westphal Registered Nurse 0
Highest
$0 $8,294 $123,036
Deborah Zapasnik Director Human Resources 23.5
Key Emp
$109,358 $13,026 $122,384
Michael Murphy President 0.25
Director
$0 $0 $0
Jeffrey Bradley Vice-President 0.25
Director
$0 $0 $0
Gerard Lavoie Treasurer 0.25
Director
$0 $0 $0
Michael Poissant Clerk 0.25
Director
$0 $0 $0
Carie Ann Bailey Member 0.25
Director
$0 $0 $0
Carolyn Blake Dibbert Member 0.25
Director
$0 $0 $0
Susan Girard Dolan Member 0.25
Director
$0 $0 $0
Geoffrey Gallant Member 0.25
Director
$0 $0 $0
Paul Lenahan Member 0.25
Director
$0 $0 $0
Lisa Piscatelli Member 0.25
Director
$0 $0 $0
Elise M Servant Member 0.25
Director
$0 $0 $0
Suzanne M Vargas Member 0.25
Director
$0 $0 $0
Maureen Wilkinson Member 0.25
Director
$0 $0 $0
Frederick Woll DO Member 0.25
Director
$0 $0 $0
Mark Young MD Member 0.25
Director
$0 $0 $0
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
2020 $3,068,515 $6,271,640 $26,745,845 $-3,203,125
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