Nonprofit · EIN 02-0222118
VALLEY REGIONAL HOSPITAL INC
Tax-exempt · CLAREMONT, NH 03743
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $80,091,262 | $70,117,793 | $9,973,469 | $83,821,173 | $19,596,326 | $64,224,847 |
| September 30, 2024 | 990 | $70,142,208 | $64,439,536 | $5,702,672 | $76,525,625 | $17,178,105 | $59,347,520 |
| September 30, 2023 | 990 | $65,431,800 | $62,050,272 | $3,381,528 | $72,533,242 | $24,129,421 | $48,403,821 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,264,907
- Program service revenue
- $70,101,847
- Investment income
- $8,467,688
- Net rental income
- -$4,107
- Net gain from sales of assets
- $7,301,670
- Other revenue
- $256,820
Expenses
- Grants and similar amounts paid
- $4,121
- Compensation of officers, directors and key employees
- $788,364
- Other salaries and wages
- $25,741,008
- Salaries, compensation and benefits (total)
- $34,948,740
- Professional fundraising fees
- $0
- Legal fees
- $19,438
- Occupancy
- $2,347,096
- Travel
- $21,321
- Depreciation
- $1,692,395
- Program services (functional)
- $59,036,763
- Management and general (functional)
- $11,081,030
Balance sheet and other
- Total assets, start of year
- $76,525,625
- Total assets, end of year
- $83,821,173
- Total liabilities, end of year
- $19,596,326
- Net assets, end of year
- $64,224,847
- Land, buildings and equipment
- $24,110,656
- Publicly traded securities
- $5,778,264
- Net assets without donor restrictions
- $53,786,342
- Net assets with donor restrictions
- $10,438,505
- Gross unrelated business income
- $33,841
- Gross receipts
- $96,896,555
- Employees
- 469
- Volunteers
- 17
- Year formed
- 1893
- State of legal domicile
- NH
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| PATRICK F JORDAN III MBA | TRUSTEE (THROUGH 6/21/25) Trustee or director | 0.5 | $0 | $1,132,708 | $79,260 |
| JOHN A LEBLANC DO | ORTHOPEDIC SURGEON Highest-paid employee | 40 | $657,610 | $0 | $15,947 |
| STEPHEN D SURGENOR MD | TRUSTEE / DH DIRECTOR OF ANESTHESIOLOGY Trustee or director | 0.5 | $0 | $594,937 | $72,041 |
| JOCELYN CAPLE MD | INTERIM CEO (THROUGH 12/8/24) Trustee or director, Officer | 19 | $0 | $375,731 | $65,717 |
| SAMUEL SHIELDS | TRUSTEE / DH VP - STRTGY Trustee or director | 0.5 | $0 | $399,147 | $30,060 |
| MATTHEW S HOUDE | TRUSTEE / DH VP GOV'T RELATIONS Trustee or director | 1 | $0 | $319,691 | $70,463 |
| JULIANN BARRETT DO | MED STAFF PRES (THROUGH 8/26/25)/CMO Trustee or director, Officer | 40 | $336,849 | $0 | $24,456 |
| FERNANDA MAGALHAES MILETTO MD | INTERNAL MEDICINE PHYSICIAN Highest-paid employee | 40 | $298,164 | $0 | $39,882 |
| JAMES H PORTER MD | PHYSICIAN Highest-paid employee | 40 | $309,083 | $0 | $25,083 |
| WHITNEY HILTON DO | PHYSICIAN Highest-paid employee | 40 | $290,120 | $0 | $35,764 |
| LYNDSY MCINTYRE MSN RN | CHIEF NURSING OFFICER Highest-paid employee | 40 | $214,304 | $0 | $37,509 |
| CATHARINE CRAWFORD MD | MED STAFF PRESIDENT/EX-OFFICIO (AS OF 8/27/25) Trustee or director, Officer | 40 | $251,217 | $0 | $0 |
| HANNAH BIANCHI | CHIEF OPERATING OFFICER Officer | 20 | $0 | $236,194 | $8,803 |
| JOSHUA R RUDNER MD | FORMER ER PHYSICIAN AND CMO Former | 0 | $143,117 | $0 | $5,547 |
| WILLIAM PALMER | TRUSTEE Trustee or director | 0.5 | $0 | $138,740 | $4,605 |
17 more people on this return
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MATTHEW FOSTER | CEO (AS OF 12/9/24) Trustee or director, Officer | 19 | $0 | $37,005 | $2,236 |
| ALAN C KEILLER | TRUSTEE/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JOHN TANSEY | TRUSTEE/CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PATRICIA PUTNAM | TRUSTEE/VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| TERRI DECKER | TRUSTEE/SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| BRYAN HUOT | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| CAROL VIVIAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| CHRISTOPHER NESBITT | TRUSTEE (AS OF 8/27/25) Trustee or director | 0.5 | $0 | $0 | $0 |
| DEANNA HOWARD | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| ERIC CRAINICH | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| JOHN GILMAN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| LISA RICHMOND | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MICHAEL FUERST | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| PAMELA BROWN | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
| TOM SULLIVAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| VINCENT FUSCA III | TRUSTEE (THROUGH 10/31/24) Trustee or director | 1 | $0 | $0 | $0 |
| CELESTE PITTS | INTERIM CFO Officer | 19 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 33 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Patrick Jordan | Trustee Trustee or director | 0.9 | $0 | $979,872 | $71,266 |
| Steven Surgenor | Trustee Trustee or director | 0.9 | $0 | $496,952 | $72,787 |
| Jeffrey A Hanissian | Past Physician Highest-paid employee | 40 | $406,429 | $0 | $45,478 |
| Samuel Shields Jr | Trustee Trustee or director | 0.9 | $0 | $358,191 | $27,595 |
| Whitney F Hilton | Orthopedist Highest-paid employee | 40 | $348,013 | $0 | $30,151 |
| Joel P Herrington | Past Physician Highest-paid employee | 40 | $328,232 | $0 | $33,299 |
| Jocelyn Caple MD | Interim President & CEO Trustee or director, Officer | 39 | $0 | $301,934 | $58,356 |
| Charles M Sawyer | Past Physician Highest-paid employee | 40 | $338,802 | $0 | $20,834 |
| Joshua Rudner | Past ER Physician/CMO Key employee | 40 | $335,822 | $0 | $16,239 |
| Matthew Houde | Trustee Trustee or director | 0.9 | $0 | $285,002 | $60,242 |
| Fernanda Magalhaes De Melo Manara M | Physician Highest-paid employee | 40 | $292,831 | $0 | $36,691 |
| Juliann Barrett DO | CMO Trustee or director | 39.9 | $314,490 | $0 | $6,896 |
| Jean Shaw | Former CFO Former | 0 | $0 | $173,716 | $29,246 |
| William Palmer MD | Trustee Trustee or director | 0.9 | $0 | $139,980 | $415 |
| Celeste Pitts | Interim CFO Officer | 39 | $0 | $37,200 | $0 |
| Alex Scott | Past Trustee Trustee or director | 0.9 | $3,707 | $0 | $0 |
| John Tansey | Chair Trustee or director, Officer | 0.9 | $0 | $0 | $0 |
| Patricia Putnam | Vice Chair Trustee or director, Officer | 0.9 | $0 | $0 | $0 |
| Alan Keiller | Treasurer Trustee or director, Officer | 0.9 | $0 | $0 | $0 |
| Terri Decker | Secretary Trustee or director, Officer | 0.9 | $0 | $0 | $0 |
| Pamela Brown | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Eric Crainich | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Michael Fuerst | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| John Gilman | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Deanna Howard | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Bryan Huot | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Lisa Richmond | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Tom Sullivan | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Carol Vivian | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| James Borchert | Past Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Scott Bouranis | Past Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Vincent Fusca III | Past Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Katherine Lajoie | Past Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 24 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Thomas Marks | Physician Highest-paid employee | 40 | $613,795 | $0 | $0 |
| Jocelyn Caple MD | Interim President & CEO Trustee or director, Officer | 38.4 | $0 | $421,499 | $0 |
| Jeffrey A Hanissian | Physician Highest-paid employee | 36 | $370,108 | $0 | $43,226 |
| Charles M Sawyer | Physician Highest-paid employee | 24 | $379,049 | $0 | $19,685 |
| Fernanda Magalhaes De Melo Manara M | Physician Highest-paid employee | 40 | $334,568 | $0 | $33,326 |
| Joel P Herrington | Physician Highest-paid employee | 28 | $329,260 | $0 | $32,757 |
| Joshua Rudner | Co-CMO Key employee | 24 | $323,752 | $0 | $18,377 |
| Juliann Barrett DO | Co-CMO Trustee or director | 39.9 | $311,703 | $0 | $7,944 |
| Jean Shaw | Past CFO Officer | 37.2 | $0 | $178,428 | $41,390 |
| Gailyn Thomas MD | Past Trustee Trustee or director | 19.9 | $194,633 | $0 | $0 |
| Patricia Putnam | Chair Trustee or director, Officer | 0.9 | $0 | $0 | $0 |
| Terri Decker | Vice Chair Trustee or director, Officer | 0.9 | $0 | $0 | $0 |
| Lisa Richmond | Treasurer Trustee or director, Officer | 0.9 | $0 | $0 | $0 |
| Bryan Huot | Secretary Trustee or director, Officer | 0.9 | $0 | $0 | $0 |
| James Borchert | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Scott Bouranis | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Eric Crainich | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Michael Fuerst | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Katherine Lajoie | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Alex Scott | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Samuel Shields | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Tom Sullivan | Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Cynthia L Burr | Past Trustee Trustee or director | 0.9 | $0 | $0 | $0 |
| Steve Gordon | Past Interim CEO Trustee or director, Officer | 38.4 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 243 ELM ST, CLAREMONT, NH 03743-4921
- Principal officer (990 for 2024)
- MATTHEW FOSTER MD MMM, 243 ELM STREET, CLAREMONT, NH 03743
- Signed the 990
- MATTHEW MATTHIESSEN MBA, CFO
- Phone
- (603) 542-7771
- Website
- WWW.VRH.ORG
- Return prepared by
- CROWE LLP
Mission
THE MISSION OF VALLEY REGIONAL HOSPITAL, INC. IS TO IMPROVE COMMUNITY HEALTH, PATIENT EXPERIENCE, AND VALUE. OUR VISION IS TO PARTNER WITH THE COMMUNITY TO OPTIMIZE HEALTH BY ENSURING ACCESS TO HIGH VALUE HEALTH CARE.
Program accomplishments
- VALLEY REGIONAL HOSPITAL IS A PROVIDER OF HEALTH SERVICES WITH FACILITIES IN THE CLAREMONT, NH AREA. THE HOSPITAL GRANTS CREDIT TO PATIENTS, SUBSTANTIALLY ALL OF WHOM ARE LOCAL RESIDENTS. THE HOSPITAL ALSO PROVIDES CARE TO PATIENTS WHO MEET CERTAIN CRITERIA UNDER ITS FINANCIAL ASSISTANCE POLICY WITHOUT CHARGE OR AT AMOUNTS LESS THAN ITS ESTABLISHED RATES. THE HOSPITAL DOES NOT PURSUE COLLECTION OF AMOUNTS DETERMINED TO QUALIFY AS FINANCIALLY-ASSISTED CARE. THE HOSPITAL MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF FINANCIALLY-ASSISTED CARE IT PROVIDES. FOR THE YEAR ENDING SEPTEMBER 30, 2025, CHARGES FORGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER THE CHARITY CARE POLICY WERE APPROXIMATELY $868,082. THE ESTIMATED COST OF THOSE SERVICES AND SUPPLIES WAS APPROXIMATELY $521,000. (CONTINUED ON SCHEDULE O)Expenses $59,036,763 · grants $4,121 · revenue $70,123,738
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 02-0222118
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Hospital or medical research organization
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1957
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E22Z)
- Assets (IRS master file)
- $83,821,173
- Income (IRS master file)
- $96,896,555
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $80,091,262 | $70,117,793 | $83,821,173 | XML |
| 990 | September 2024 | $70,142,208 | $64,439,536 | $76,525,625 | XML |
| 990 | September 2023 | $65,431,800 | $62,050,272 | $72,533,242 | XML |
| 990 | September 2022 | $62,071,940 | $54,330,657 | $66,016,739 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0222118).
Questions about VALLEY REGIONAL HOSPITAL INC
- What is the EIN of VALLEY REGIONAL HOSPITAL INC?
- The employer identification number (EIN) of VALLEY REGIONAL HOSPITAL INC is 02-0222118.
- Is VALLEY REGIONAL HOSPITAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to VALLEY REGIONAL HOSPITAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VALLEY REGIONAL HOSPITAL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VALLEY REGIONAL HOSPITAL INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VALLEY REGIONAL HOSPITAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of VALLEY REGIONAL HOSPITAL INC?
- The 990 for the year ended September 30, 2025 names MATTHEW FOSTER MD MMM.
- Who are the officers and directors of VALLEY REGIONAL HOSPITAL INC?
- The 990 for the year ended September 30, 2025 lists 32 people; 8 received compensation from the organization.
- How much revenue does VALLEY REGIONAL HOSPITAL INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $80,091,262, expenses of $70,117,793 and total assets of $83,821,173 at year end.
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