The Surgery Center of Greater Nashua

EIN: 461084049 501(c)(3) Health Care

Nashua, NH

Total Revenue
$21,913
Total Expenses
$1,203,923
Total Assets
$1,410,976
Net Assets
$832,945
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NH
Principal Officer
Colin T McHugh
Phone
6035789909
Tax Period
2023-07-01 to 2024-06-30

The Surgery Center of Greater Nashua, founded in 2012, is a micro nonprofit in the Health Care sector that reported $22K in total revenue in fiscal year 2023. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 5394% operating deficit.

Mission

Day surgery center that provides compassionate care to all in our community.

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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 $21,913
Investment Income $0
Other Revenue $0
TOTAL REVENUE $21,913

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,015,221
Other Expenses $1,203,923
TOTAL EXPENSES $1,203,923

Year-over-Year Comparison

2023 2022 Change
Revenue $21,913 $2,106,392 -1.0%
Expenses $1,203,923 $2,430,233 -0.5%
Net Income $-1,182,010 $-323,841 +2.6%
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
9
Independent Members
N/A
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
3
$1,116,527
Total Directors
9
$4,640,343
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael R Kacznowski MD Trustee 2.00
Director
$0 $76,619 $1,176,020
Tung T Nguyen MD Trustee 2.00
Director
$0 $77,224 $1,112,036
Melissa Martin Trustee 2.00
Director
$0 $33,639 $153,480
Val Fryatt Trustee 2.00
Director
$0 $37,598 $221,208
Karen Maynard MD Trustee 2.00
Director
$0 $50,111 $703,656
Anand Padmanabha MD Trustee 2.00
Director
$0 $21,695 $655,129
Rebecca Cooper-Piela Trustee 2.00
Director
$0 $28,601 $276,756
Leanne Berube RN Executive Director 2.00
Officer Director
$0 $6,459 $192,548
Jessica McLavey Trustee 2.00
Director
$0 $6,634 $149,510
Colin T McHugh SNHMC President/CEO/Secretary 2.00
Officer
$0 $50,993 $775,177
Kenneth Matsis Treasurer/VP Finance, SNHHS 2.00
Officer
$0 $2,115 $148,802
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
2025 No data No data No data No data
2024 $21,913 $1,203,923 $1,410,976 $-1,182,010
2023 $2,106,392 $2,430,233 $2,207,655 $-323,841
2022 $3,564,984 $3,227,933 $1,671,373 $337,051
2020 $2,345,774 $2,561,703 $1,818,434 $-215,929
2019 $3,061,474 $2,674,083 $2,590,967 $387,391
2018 $2,081,588 $2,579,544 $1,818,492 $-497,956
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