NORTH ADAMS REGIONAL HOSPITAL

EIN: 932484732 501(c)(3) Health Care

PITTSFIELD, MA

Total Revenue
$20,995,088
Total Expenses
$26,781,394
Total Assets
$29,389,946
Net Assets
$-5,786,306
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MA
Principal Officer
SCOTT STGEORGE
Phone
4134472508
Tax Period
2023-10-01 to 2024-09-30

NORTH ADAMS REGIONAL HOSPITAL, founded in 2023, is a mid-sized nonprofit in the Health Care sector that reported $21.0M in total revenue in fiscal year 2023. Expenses of $26.8M exceeded revenue, resulting in a 28% operating deficit.

Mission

THE MISSION OF NORTH ADAMS REGIONAL HOSPITAL IS TO ADVANCE HEALTH & WELLNESS FOR EVERYONE IN OUR COMMUNITY IN A WELCOMING, INCLUSIVE, & PERSONALIZED ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $20,395,916 Revenue: $20,985,088

IN 2014, THE FORMER NORTH ADAMS REGIONAL HOSPITAL (NARH), WHICH HAD BEEN OWNED AND OPERATED BY NORTHERN BERKSHIRE HEALTH SYSTEM (NOT AFFILIATED WITH BERKSHIRE HEALTH SYSTEMS), CLOSED AFTER FILING...

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IN 2014, THE FORMER NORTH ADAMS REGIONAL HOSPITAL (NARH), WHICH HAD BEEN OWNED AND OPERATED BY NORTHERN BERKSHIRE HEALTH SYSTEM (NOT AFFILIATED WITH BERKSHIRE HEALTH SYSTEMS), CLOSED AFTER FILING BANKRUPTCY, LEAVING THE NORTH BERKSHIRE REGION WITHOUT AN ACUTE CARE HOSPITAL. FOLLOWING THE CLOSURE, THE GOVERNOR AND THE MASSACHUSETTS DEPARTMENT OF PUBLIC HEALTH ASKED BERKSHIRE HEALTH SYSTEMS (BHS) TO REOPEN AROUND-THE-CLOCK EMERGENCY CARE THROUGH A SATELLITE EMERGENCY FACILITY UNDER BERKSHIRE MEDICAL CENTER (BMC) LICENSURE. IN THE FOLLOWING MONTHS, BHS PURCHASED THE FACILITY AND PROPERTY THROUGH BANKRUPTCY PROCEEDINGS AND REOPENED NUMEROUS OUTPATIENT SERVICES AS THE NORTH ADAMS CAMPUS OF BMC. IN 2024, BHS FILED AN APPLICATION TO REOPEN NORTH ADAMS REGIONAL HOSPITAL AS A, (CONTINUED ON SCHEDULE O) CRITICAL ACCESS HOSPITAL (CAH) AS CONGRESS HAD ENACTED UPDATED GUIDELINES THAT WOULD ALLOW NARH TO QUALIFY FOR CAH STATUS, WHICH IT HAD NOT QUALIFIED FOR IN 2014. IN MARCH OF 2024, EXACTLY 10 YEARS AFTER IT HAD CLOSED, NARH REOPENED AS A CRITICAL ACCESS HOSPITAL, PROVIDING INPATIENT AND OUTPATIENT CARE SERVICES, MUCH TO THE RELIEF OF THE NORTH BERKSHIRE COMMUNITY.IN FY 2024, NARH ASSISTED WITH INCREASING ACCESS TO HEALTHCARE COVERAGE THROUGH ITS SUPPORT OF THE ECU-HEALTH CARE PROGRAM. THE HOSPITAL SUPPORTED PROGRAMS LIKE BERKSHIRE BOUNTY, BERKSHIRE NORTH WOMEN, INFANTS, AND CHILDREN NUTRITION PROGRAM, AND OPERATION BETTER START TO HELP THOSE FACING FOOD INSECURITY. THROUGH THE BERKSHIRE CONNECTIONS AND BERKSHIRE HARM REDUCTION PROGRAMS, NARH SUPPORTED THOSE WITH SUBSTANCE USE DISORDER ACCESS SUPPORTS AND SAFE USE SUPPLIES. MEMBERS OF THE COMMUNITY AND NARH STAFF PARTICIPATED IN THE BERKSHIRE 150 EXERCISE PROGRAM IN THE SPRING. THE HOSPITAL'S LANGUAGE SERVICES AND DIVERSITY, EQUITY, AND INCLUSION PROGRAMS IMPROVED ACCESS TO HEALTHCARE BY OFFERING TRANSLATION SERVICES AND CULTURALLY COMPETENT HEALTHCARE. STAFFING CONTINUES TO BE A CHALLENGE, AND AFTER OPENING, NARH CONTINUED BHS'S WORK OF PARTNERING WITH MASSACHUSETTS COLLEGE OF LIBERAL ARTS TO PROVIDE TRAINING AND EDUCATION FOR THE NEXT GENERATION OF HEALTHCARE PROVIDERS. THE HUB TEAM, WHICH IS A GROUP OF COMMUNITY AGENCIES, MET WEEKLY IN FY 2024 TO ASSESS AND ASSIST HIGH-RISK COMMUNITY MEMBERS IN THE NORTH BERKSHIRE COMMUNITY ACCESS CARE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,000
Program Service Revenue $20,841,935
Investment Income $0
Other Revenue $143,153
TOTAL REVENUE $20,995,088

Expense Breakdown

Grants Paid $0
Salaries & Benefits $9,923,976
Fundraising Expenses $0
Program Expenses $20,395,916
Other Expenses $16,857,418
TOTAL EXPENSES $26,781,394

Year-over-Year Comparison

2023 2022 Change
Revenue $20,995,088 N/A N/A
Expenses $26,781,394 N/A N/A
Net Income $-5,786,306 $0 N/A
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
23
Independent Members
18
Employees
209
Volunteers
25

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
$1,869,581
Total Directors
26
$2,762,128
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DARLENE M RODOWICZ PRESIDENT/TRUSTEE 3.00
Officer Director
$0 $37,153 $1,092,652
ALFRED BARBALUNGA TRUSTEE 1.00
Director
$0 $0 $0
ALEC BELMAN TRUSTEE/ PHYSICIAN 0.00
Director
$0 $69,757 $481,060
JASON BRATCHER TRUSTEE/ PHYSICIAN 0.00
Director
$0 $30,341 $672,180
ALFRED BRAVO TRUSTEE 1.00
Director
$0 $0 $0
TIMOTHY BURKE TRUSTEE 1.00
Director
$0 $0 $0
ROBERT CELLA JR MD TRUSTEE 1.00
Director
$0 $0 $0
SHAWN V CUSSON TRUSTEE 1.00
Director
$0 $0 $0
EDITH KIT DOBELLE TRUSTEE 1.00
Director
$0 $0 $0
DAVID HALL TRUSTEE 1.00
Director
$0 $0 $0
LETICIA SE HAYNES TRUSTEE/ TERM ENDED 12/23 1.00
Director
$0 $0 $0
EDMUND HORNSTEIN DO TRUSTEE 1.00
Director
$0 $380 $227,562
SUSAN KORMANIK TRUSTEE 1.00
Director
$0 $0 $0
JOHN A LOIODICE MD TRUSTEE/ PHYSICIAN 1.00
Director
$0 $38,038 $288,674
KATHLEEN M MCCORMICK ESQ TRUSTEE 1.00
Director
$0 $0 $0
DAVID MORESI TRUSTEE 1.00
Director
$0 $0 $0
LAURIE NORTON MOFFATT TRUSTEE 1.00
Director
$0 $0 $0
FREDERICK PUDDESTER TRUSTEE 1.00
Director
$0 $0 $0
BARTON D RASER TRUSTEE 1.00
Officer Director
$0 $0 $0
DEBORAH RENZI TRUSTEE/ TERM BEGAN 1/1/24 1.00
Director
$0 $0 $0
JEANETTE SMITH PHD TRUSTEE 1.00
Director
$0 $0 $0
ANAKATINA CORDON SUFFISH TRUSTEE 1.00
Director
$0 $0 $0
JOHN L BISSELL TRUSTEE TERM ENDED 12/23 1.00
Director
$0 $0 $0
BRONLY S BOYD TRUSTEE TERM ENDED 12/23 1.00
Director
$0 $0 $0
CAROL G SIEGEL TRUSTEE TERM ENDED 12/23 1.00
Director
$0 $0 $0
EDWIN A STUEBNER JR MD TRUSTEE TERM ENDED 12/23 1.00
Director
$0 $0 $0
SCOTT STGEORGE TREASURER 3.00
Officer
$0 $25,392 $627,894
CHERYL M BOUDREAU CLERK 2.00
Officer
$0 $19,721 $149,035
RICHARD ALCOMBRIGHT TRUSTEE 1.00
Officer
$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
2024 $20,995,088 $26,781,394 $29,389,946 $-5,786,306
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