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Nonprofit · EIN 22-2594672

CONCORD HOSPITAL INC

Tax-exempt · CONCORD, NH 03301

Financials

$623.5M$595.9M2022$710.6M$661.8M2023$768.2M$716.5M2024
Revenue Expenses · by fiscal year end
Financials of CONCORD HOSPITAL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$768,174,048$716,541,000$51,633,048$1,112,298,358$399,227,286$713,071,072
September 30, 2024990$710,596,540$661,827,398$48,769,142$969,779,290$388,400,006$581,379,284
September 30, 2023990$623,479,394$595,874,619$27,604,775$819,519,638$371,113,098$448,406,540
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$10,354,069
of which government grants
$3,178,431
Program service revenue
$728,752,123
Investment income
$28,048,260
Net rental income
$819,853
Net gain from sales of assets
$12,715,935
Net income from sales of inventory
$183,885
Other revenue
$1,019,596

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$5,181,606
Other salaries and wages
$336,644,736
Salaries, compensation and benefits (total)
$429,261,817
Professional fundraising fees
$0
Legal fees
$722,466
Accounting fees
$380,067
Occupancy
$12,755,508
Travel
$978,955
Depreciation
$19,587,379
Program services (functional)
$606,241,936
Management and general (functional)
$109,063,968
Fundraising (functional)
$1,235,096

Balance sheet and other

Total assets, start of year
$969,779,290
Total assets, end of year
$1,112,298,358
Total liabilities, end of year
$399,227,286
Net assets, end of year
$713,071,072
Land, buildings and equipment
$162,278,240
Publicly traded securities
$357,960,418
Net assets without donor restrictions
$713,071,072
Gross unrelated business income
$3,060,430
Gross receipts
$823,545,899
Employees
5,475
Volunteers
209
Year formed
1944
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.

NameTitleHours / weekCompensationOther / benefits
Robert SteigmeyerPresident & CEO, Member Ex-Officio
Trustee or director, Officer
56$1,665,954$350,155
Matthew Gibb MDChief Clinical Officer
Key employee
50$940,287$174,887
Scott SloaneSenior VP, CFO, & Treasurer
Officer
56$843,934$195,114
Louis Russo MDPhysician
Highest-paid employee
50$891,412$58,711
Nicola Francalancia MDPhysician
Highest-paid employee
50$837,529$65,015
Mary BakkenSystem Chief Operating Officer
Key employee
50$731,335$148,110
Shahab Moossavi MDPhysician
Highest-paid employee
50$785,450$79,608
Scott Deckelbaum DOPhysician
Highest-paid employee
50$766,250$67,830
Burr Loew MDPhysician
Highest-paid employee
50$701,708$71,618
Joseph MeyerTrustee
Trustee or director
1$106,830$0
Ari Salis MDTrustee
Trustee or director
1$25,000$0
Frederick BriccettiTrustee
Trustee or director
1$0$0
Philip EmmaTrustee
Trustee or director
1$0$0
Jeanie ForresterTrustee
Trustee or director
1$0$0
Lucy Karl EsqTrustee
Trustee or director
1$0$0
10 more people on this return
NameTitleHours / weekCompensation
Linda LordenTrustee
Trustee or director
1$0
Matthew NadeauTrustee
Trustee or director
1$0
Peter Noordsij MDTrustee
Trustee or director
1$0
Manisha Patel DDSTrustee
Trustee or director
1$0
Katherine SaundersTrustee
Trustee or director
1$0
Robert SegalTrustee
Trustee or director
1$0
David WeissTrustee
Trustee or director
1$0
Charles FanarasChair
Trustee or director, Officer
1$0
Lucy Hodder EsqVice Chair
Trustee or director, Officer
1$0
Don WelfordSecretary
Trustee or director, Officer
1$0
990 for the year ended September 30, 2024: 28 people
NameTitleHours / weekCompensationOther / benefits
Robert SteigmeyerPresident & CEO, Member Ex-Officio
Trustee or director, Officer
56$1,585,081$316,861
Matthew Gibb MDChief Clinical Officer
Key employee
50$871,082$126,234
Louis Russo MDPhysician
Highest-paid employee
50$799,976$53,704
Nicola Francalancia MDPhysician
Highest-paid employee
50$798,313$54,719
Mary BakkenSystem Chief Operating Officer
Key employee
50$702,300$145,242
Scott SloaneSenior VP, CFO, & Treasurer
Officer
56$693,400$154,062
Shahab Moossavi MDPhysician
Highest-paid employee
50$656,843$73,165
Burr Loew MDPhysician
Highest-paid employee
50$592,726$66,601
Patrick Magnus MDPhysician
Highest-paid employee
50$586,349$72,881
Christopher Allen MDTrustee (end 1/2024)
Trustee or director
1$381,844$71,594
Joseph Meyer MDTrustee
Trustee or director
1$64,359$0
Ari Salis MDTrustee
Trustee or director
1$25,000$0
Frederick Briccetti MDTrustee
Trustee or director
1$0$0
Philip EmmaTrustee
Trustee or director
1$0$0
Jeanie ForresterTrustee
Trustee or director
1$0$0
Lucy Karl EsqTrustee
Trustee or director
1$0$0
Linda LordenTrustee
Trustee or director
1$0$0
Matthew NadeauTrustee
Trustee or director
1$0$0
Peter Noordsij MDTrustee
Trustee or director
1$0$0
Katherine SaundersTrustee
Trustee or director
1$0$0
Robert SegalTrustee
Trustee or director
1$0$0
Jeffrey TowleTrustee (end 1/2024)
Trustee or director
1$0$0
Don WelfordTrustee
Trustee or director
1$0$0
David WeissTrustee
Trustee or director
1$0$0
Manisha Patel DDSChair
Trustee or director, Officer
1$0$0
Charles FanarasVice Chair
Trustee or director, Officer
1$0$0
Lucy Hodder EsqSecretary
Trustee or director, Officer
1$0$0
William Chapman EsqSecretary (end 1/2024)
Trustee or director, Officer
1$0$0
990 for the year ended September 30, 2023: 26 people
NameTitleHours / weekCompensationOther / benefits
Robert P SteigmeyerPresident & CEO, Member Ex-Officio
Trustee or director, Officer
56$1,440,673$303,393
Matthew GibbChief Clinical Officer
Key employee
50$839,758$116,011
Nicola Francalancia MDPhysician
Highest-paid employee
50$797,236$48,475
Louis Russo MDPhysician
Highest-paid employee
50$800,949$43,570
Scott SloaneSenior VP, CFO, & Treasurer
Officer
56$636,917$143,367
Shahab Moossavi MD FACCPhysician
Highest-paid employee
50$653,159$67,964
Ebaa Alawami MD MSCPhysician
Highest-paid employee
50$565,382$65,557
Michael Ferguson MDPhysician
Highest-paid employee
50$541,304$66,831
Mary BakkenSystem Chief Operating Officer
Key employee
50$491,329$46,540
Christopher Allen MDTrustee/CH Med. Staff President
Trustee or director
51$337,228$67,523
Joseph Meyer MDTrustee
Trustee or director
51$120,000$50,070
Sol AsmarTrustee (end 1/2023)
Trustee or director
1$0$0
Frederick Briccetti MDTrustee
Trustee or director
1$0$0
Lucy Hodder EsqTrustee
Trustee or director
1$0$0
Lucy Karl EsqTrustee
Trustee or director
1$0$0
Linda LordenTrustee
Trustee or director
1$0$0
Matthew NadeauTrustee (start 1/2023)
Trustee or director
1$0$0
Peter Noordsij MDTrustee
Trustee or director
1$0$0
Katherine SaundersTrustee (start 1/2023)
Trustee or director
1$0$0
Robert SegalTrustee
Trustee or director
1$0$0
Jeffrey TowleTrustee
Trustee or director
1$0$0
Don WelfordTrustee
Trustee or director
1$0$0
Philip EmmaChair; Trustee
Trustee or director, Officer
1$0$0
Manisha Patel DDSChair
Trustee or director, Officer
1$0$0
Charles FanarasVice Chair
Trustee or director, Officer
1$0$0
William Chapman EsqSecretary
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
250 PLEASANT ST, CONCORD, NH 03301-7559
Principal officer (990 for 2024)
Robert P Steigmeyer, 250 Pleasant Street, Concord, NH 03301
Signed the 990
Scott Sloane, Senior VP, CFO, & Treasurer
Phone
(603) 228-4677
Return prepared by
Baker Newman & Noyes

Mission

Concord Hospital is a charitable organization which exists to meet the health needs of individuals within the communities it serves.

990 for the year ended September 30, 2025

Program accomplishments

  • Various hospital services; see Schedule H.In FYE 2025, Concord Hospital invested over $80 million in community benefit programs, services, and other expenses. The largest areas of support were charitable care services, medical education and subsidized programs and services. Our investment enhances the Hospital's ability to provide quality patient care, respond to identified community health needs and address the Hospital's charitable mission overall.
    Expenses $606,241,936 · revenue $726,711,289

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 yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
22-2594672
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
1987
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E220)
Assets (IRS master file)
$1,112,298,358
Income (IRS master file)
$823,545,899

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$768,174,048$716,541,000$1,112,298,358XML
990-TSeptember 2025–––IRS
990September 2024$710,596,540$661,827,398$969,779,290XML
990-TSeptember 2024–––IRS
990September 2023$623,479,394$595,874,619$819,519,638XML
990-TSeptember 2023–––IRS
990September 2022$640,674,263$605,888,014$692,144,264IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS
990September 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 22-2594672).

Questions about CONCORD HOSPITAL INC

What is the EIN of CONCORD HOSPITAL INC?
The employer identification number (EIN) of CONCORD HOSPITAL INC is 22-2594672.
Is CONCORD HOSPITAL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to CONCORD HOSPITAL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CONCORD 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 CONCORD 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 CONCORD 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 CONCORD HOSPITAL INC?
The 990 for the year ended September 30, 2025 names Robert P Steigmeyer.
Who are the officers and directors of CONCORD HOSPITAL INC?
The 990 for the year ended September 30, 2025 lists 25 people; 11 received compensation from the organization, the highest $1,665,954 (Robert Steigmeyer, President & CEO, Member Ex-Officio).
How much revenue does CONCORD HOSPITAL INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $768,174,048, expenses of $716,541,000 and total assets of $1,112,298,358 at year end.

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