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Nonprofiteer
← NEWPORT HOSPITAL

Form 990 for tax year 2022

Filed by NEWPORT HOSPITAL.

Totals

Total revenue
$149,049,913
Total expenses
$143,736,247
Contributions and grants received
$2,595,240
Grants paid
$0
Program service revenue
$142,455,937
Investment income
$3,883,464
Other revenue
$115,272
Total assets, end of year
$332,869,228
Total liabilities, end of year
$32,161,307
Net assets or fund balances, end of year
$300,707,921
Program services expenses (Part IX)
$114,099,655
Management and general expenses
$29,636,592
Fundraising expenses
$0
Program service expenses (Part III)
$114,099,655

Program services were 79.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Timothy J Babineau

    Fmr. Trustee

    Total calculated
    $6,836,842
    From this org
    $0
    From related orgs
    $6,453,503
    Other
    $383,339
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported + $1,010,777 related
    Bonus
    not reported + $3,000,000 related
    Other
    not reported + $2,442,726 related
    Deferred
    not reported + $358,564 related
    Nontaxable benefits
    not reported + $24,775 related
    Filer's total
    not reported + $6,836,842 related

  • Ziya L Gokaslan MD

    Trustee

    Total calculated
    $1,721,056
    From this org
    $0
    From related orgs
    $1,671,096
    Other
    $49,960
    Hours/week
    0.5 + 44.5 related

    Schedule J breakdown matched by us

    Base
    not reported + $1,511,572 related
    Bonus
    not reported + $152,000 related
    Other
    not reported + $7,524 related
    Deferred
    not reported + $18,300 related
    Nontaxable benefits
    not reported + $31,660 related
    Filer's total
    not reported + $1,721,056 related

  • Paul J Adler

    Secretary

    Total calculated
    $889,150
    From this org
    $0
    From related orgs
    $744,106
    Other
    $145,044
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    not reported + $616,787 related
    Bonus
    not reported
    Other
    not reported + $127,319 related
    Deferred
    not reported + $116,284 related
    Nontaxable benefits
    not reported + $28,760 related
    Filer's total
    not reported + $889,150 related

  • David A Kirshner

    Treas.-11/22

    Total calculated
    $877,827
    From this org
    $0
    From related orgs
    $857,218
    Other
    $20,609
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    not reported + $662,492 related
    Bonus
    not reported
    Other
    not reported + $194,726 related
    Deferred
    not reported + $12,141 related
    Nontaxable benefits
    not reported + $8,468 related
    Filer's total
    not reported + $877,827 related

  • G Alan Kurose

    Fmr. Trustee

    Total calculated
    $700,640
    From this org
    $0
    From related orgs
    $636,825
    Other
    $63,815
    Hours/week
    0 + 50 related

    Schedule J breakdown matched by us

    Base
    not reported + $589,012 related
    Bonus
    not reported + $36,227 related
    Other
    not reported + $11,586 related
    Deferred
    not reported + $39,196 related
    Nontaxable benefits
    not reported + $24,619 related
    Filer's total
    not reported + $700,640 related

  • Crista F Durand

    President

    Total calculated
    $614,356
    From this org
    $0
    From related orgs
    $501,054
    Other
    $113,302
    Hours/week
    33 + 7 related

    Schedule J breakdown matched by us

    Base
    not reported + $411,596 related
    Bonus
    not reported
    Other
    not reported + $89,458 related
    Deferred
    not reported + $84,820 related
    Nontaxable benefits
    not reported + $28,482 related
    Filer's total
    not reported + $614,356 related

  • Jeffrey T Gaines MD

    Chief Medical Officer

    Total calculated
    $449,373
    From this org
    $364,201
    From related orgs
    $0
    Other
    $85,172
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $330,956
    Bonus
    not reported
    Other
    $33,245
    Deferred
    $56,719
    Nontaxable benefits
    $28,453
    Filer's total
    $449,373

  • Arthur J Sampson

    Trustee- 1/23

    Total calculated
    $435,996
    From this org
    $0
    From related orgs
    $417,696
    Other
    $18,300
    Hours/week
    2 + 6 related

    Schedule J breakdown matched by us

    Base
    not reported + $412,504 related
    Bonus
    not reported
    Other
    not reported + $5,192 related
    Deferred
    not reported + $18,300 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $435,996 related

  • Orla M Brandos

    Chief Nursing Officer

    Total calculated
    $352,019
    From this org
    $285,994
    From related orgs
    $0
    Other
    $66,025
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $244,344
    Bonus
    not reported
    Other
    $41,650
    Deferred
    $43,777
    Nontaxable benefits
    $22,248
    Filer's total
    $352,019

  • Eva Greenwood

    Treasurer

    Total calculated
    $233,888
    From this org
    $0
    From related orgs
    $198,973
    Other
    $34,915
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    not reported + $134,109 related
    Bonus
    not reported + $50,000 related
    Other
    not reported + $14,864 related
    Deferred
    not reported + $27,186 related
    Nontaxable benefits
    not reported + $7,729 related
    Filer's total
    not reported + $233,888 related

  • Paul W Parchesky

    Dir. Inpatient RX

    Total calculated
    $202,583
    From this org
    $164,414
    From related orgs
    $0
    Other
    $38,169
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,871
    Bonus
    not reported
    Other
    $1,543
    Deferred
    $9,965
    Nontaxable benefits
    $28,204
    Filer's total
    $202,583

  • Christopher Monteiro

    Dir. of Radiology

    Total calculated
    $199,819
    From this org
    $160,945
    From related orgs
    $0
    Other
    $38,874
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,543
    Bonus
    not reported
    Other
    $402
    Deferred
    $10,045
    Nontaxable benefits
    $28,829
    Filer's total
    $199,819

  • Sarah A Nekraz

    Dir. Med Nursing

    Total calculated
    $191,636
    From this org
    $153,431
    From related orgs
    $0
    Other
    $38,205
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $152,608
    Bonus
    not reported
    Other
    $823
    Deferred
    $9,385
    Nontaxable benefits
    $28,820
    Filer's total
    $191,636

  • Perry J Wein

    Director-Op.Room

    Total calculated
    $184,431
    From this org
    $172,706
    From related orgs
    $0
    Other
    $11,725
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $171,644
    Bonus
    not reported
    Other
    $1,062
    Deferred
    $10,325
    Nontaxable benefits
    $1,400
    Filer's total
    $184,431

  • Elizabeth M Lima-Tessier

    Dir. Emergency Svs

    Total calculated
    $184,112
    From this org
    $163,624
    From related orgs
    $0
    Other
    $20,488
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $155,309
    Bonus
    $7,500
    Other
    $815
    Deferred
    $9,721
    Nontaxable benefits
    $10,767
    Filer's total
    $184,112

  • Lawrence A Aubin Sr

    Chair

    Total calculated
    $0
    Hours/week
    0.5 + 7.5 related

  • Emanuel Barrows

    Trustee

    Total calculated
    $0
    Hours/week
    1.5 + 5.5 related

  • Roger N Begin

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 10.5 related

  • Peter Capodilupo

    Vice Chair

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • Sarah T Dowling JD LLM

    Trustee

    Total calculated
    $0
    Hours/week
    0 + 13 related

  • Edward D Feldstein Esq

    Trustee

    Total calculated
    $0
    Hours/week
    0.2 + 2.9 related

  • John Fernandez

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 49 related

  • Michael L Hanna

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 6.6 related

  • Philip Kydd

    Trustee

    Total calculated
    $0
    Hours/week
    0.5 + 6 related

  • Alan H Litwin

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.5 + 9 related

  • Martha B Mainiero MD

    Trustee

    Total calculated
    $0
    Hours/week
    0.25 + 2.85 related

  • Steven Pare

    Trustee

    Total calculated
    $0
    Hours/week
    0 + 3 related

  • Lawrence B Sadwin

    Trustee

    Total calculated
    $0
    Hours/week
    0 + 17 related

  • Shivan Subramaniam

    Trustee

    Total calculated
    $0
    Hours/week
    5 + 27 related

  • Jane Williams PhD RN

    Trustee

    Total calculated
    $0
    Hours/week
    0.25 + 6.5 related

  • Peter K Markell

    EVP & CFO

    Total calculated
    $0
    Hours/week
    2 + 48 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

  • 1a · Tax indemnification and gross-up payments
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a: Relevant information in regards to selections on 1a.
Tax Indemnification and Grossed Up Payments:The Lifespan Executive Long Term Disability program provides financial protection to designated Lifespan physicians and executives in the event that they become disabled. Premiums are paid to the insurance carrier by the insureds on an after-tax basis to allow for income replacement at a reasonable cost. The income associated with the premiums is grossed up to cover the total cost of the benefit as provided in the Lifespan Executive Benefit Plan and is included in Medicare wages, more specifically on Schedule J, Part II, Column B (iii).
Part I, Line 7: Non-Fixed payments not listed above
Certain physicians and executives participate in incentive compensation plans arranged through individual contractual agreements which stipulate non-fixed payments based on meeting criteria comprised of various quality and productivity markers.

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.

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 partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2024
IRS schema version
2022v5.0
Source object
202432279349301828

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