Form 990 for tax year 2023
Filed by SPEARE MEMORIAL AT BOULDER POINT.
Totals
- Total revenue
- -$481,774
- Total expenses
- $0
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $27,847
- Other revenue
- -$509,621
- Total assets, end of year
- $13,455,143
- Total liabilities, end of year
- $11,600,050
- Net assets or fund balances, end of year
- $1,855,093
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $27,847 · excluded $27,847
-
6a · Gross rents
real property $838,074
-
6b · Less rental expenses
real property $1,347,695
-
6c · Rental income or loss
real property -$509,621
-
6d · Net rental income or loss
total -$509,621 · related or exempt -$535,106 · unrelated business $25,485
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $0 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $1,221,255 · end of year $840,207
-
9 · Prepaid expenses and deferred charges
beginning of year $17,927 · end of year $17,358
-
10a · Land, buildings and equipment: cost or other basis
$18,612,210
-
10b · Land, buildings and equipment: accumulated depreciation
$6,014,632
-
10c · Land, buildings and equipment, net
beginning of year $10,558,504 · end of year $12,597,578
-
17 · Accounts payable and accrued expenses
beginning of year $870,902 · end of year $94,086
-
20 · Tax-exempt bond liabilities
beginning of year $2,372,601 · end of year $2,100,452
-
25 · Other liabilities
beginning of year $6,217,316 · end of year $9,405,512
-
27 · Net assets without donor restrictions
beginning of year $2,336,867 · end of year $1,855,093
Mission and programs · 2023
Mission
To acquire, own, develop and finance certain real estate property for Speare Memorial Hospital to further the charitable purposes of the hospital.
Activities or mission (Part I)
The Organization provides medical office space in Plymouth, New Hampshire.
-
Provide medical office space in Plymouth, New Hampshire.
Revenue -$535,106
As filed on the 2023 return.
Listed in Part VII
-
Michelle McEwen
President/CEO
- Total calculated
- $448,094
- From this org
- $0
- From related orgs
- $386,556
- Other
- $61,538
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $353,556 related
- Bonus
- $0 + $33,000 related
- Other
- $0
- Deferred
- $0 + $29,216 related
- Nontaxable benefits
- $0 + $32,322 related
- Filer's total
- $0 + $448,094 related
-
Lisa Baker
Board Member
- Total calculated
- $140,599
- From this org
- $0
- From related orgs
- $108,924
- Other
- $31,675
- Hours/week
- 1 + 1 related
-
Kevin Young
Board Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Steven Camerino
Board Vice Chair
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Robert Maloney
Board Treasurer
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Julie Bernier
Board Secretary
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Delores Hopper
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Walter Johnson
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Susan Scrimshaw
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Elizabeth Kleiner
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Patrick Miller
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Thomas Myrick
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Nancy Puglisi
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Margaret Turner
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Bruce Wiggett
Board Member
- Total calculated
- $0
- Hours/week
- 1 + 1 related
-
Joseph Caristi
CFO
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Nancy Pierce
Past Interim CFO
- Total calculated
- $151,325
- From this org
- $0
- From related orgs
- $124,618
- Other
- $26,707
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $124,618 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $11,041 related
- Nontaxable benefits
- $0 + $15,666 related
- Filer's total
- $0 + $151,325 related
-
Travis Boucher
Former CFO
- Total calculated
- $174,444
- From this org
- $0
- From related orgs
- $142,541
- Other
- $31,903
- Hours/week
- 0
Schedule J breakdown matched by us
- Base
- $0 + $136,185 related
- Bonus
- $0 + $6,356 related
- Other
- $0
- Deferred
- $0 + $10,605 related
- Nontaxable benefits
- $0 + $21,298 related
- Filer's total
- $0 + $174,444 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I, Line 3
- Compensation for the CEO is paid by Speare Memorial Hospital, a related organization. The Hospital uses the following in order to establish compensation amounts paid: compensation committee, compensation survey or study, comparison of other organizations, Form 990 information, board approval and a written employment contract.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · Hospital · NH
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Speare Health Network LLC
C · Physician/Hospital Organization · NH
-
Speare Health Ventures Inc
C · Healthcare Services · NH
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 2 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511279349300111
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.