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Nonprofiteer
← STAMFORD HEALTH INC

Form 990 for tax year 2023

Filed by STAMFORD HEALTH INC.

Totals

Total revenue
$5,063,307
Total expenses
$1,459,598
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,067,697
Investment income
$3,995,610
Other revenue
$0
Total assets, end of year
$144,637,871
Total liabilities, end of year
$30,452,916
Net assets or fund balances, end of year
$114,184,955
Program services expenses (Part IX)
$1,354,682
Management and general expenses
$104,916
Fundraising expenses
$0
Program service expenses (Part III)
$1,354,682

Program services were 92.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 2a · Program service revenue: RENTAL ACTIVITY

    total $1,067,697 · related or exempt $1,067,697

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $2,748,959 · unrelated business $300,946 · excluded $2,448,013

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $17,405,897

  • 7b · Less cost or other basis and sales expenses

    securities $16,159,246

  • 7c · Gain or loss

    securities $1,246,651 · other assets $0

  • 7d · Net gain or loss

    total $1,246,651 · excluded $1,246,651

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 7 · Other salaries and wages

    total $16,800 · program services $16,800

  • 8 · Pension plan contributions

    total $672 · program services $672

  • 10 · Payroll taxes

    total $395 · program services $395

  • 11a · Fees: management

    total $19,653 · program services $19,653

  • 11c · Fees: accounting

    total $40,401 · management and general $40,401

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $119,848 · program services $118,410 · management and general $1,438

  • 14 · Information technology

    total $606 · program services $606

  • 16 · Occupancy

    total $1,097,539 · program services $1,097,539

  • 22 · Depreciation, depletion and amortization

    total $85,715 · program services $85,715

  • 23 · Insurance

    total $14,892 · program services $14,892

  • 24a · Other expenses: ADMINISTRATIVE OVERHEAD

    total $93,526 · management and general $93,526

  • 24b · Other expenses: SERVICE CONTRACTS

    total $11,956 · management and general $11,956

  • 24c · Other expenses: MISC EXPENSE

    total $250 · management and general $250

  • 24d · Other expenses: State and Federal Taxes

    total -$10,454 · management and general -$10,454

  • 24e · All other expenses

    total -$32,201 · program services $0 · management and general -$32,201 · fundraising $0

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $825,812 · end of year $1,038,379

  • 4 · Accounts receivable

    beginning of year $48,932 · end of year $106,836

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $100,878 · end of year $35,486

  • 10a · Land, buildings and equipment: cost or other basis

    $4,053,881

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,943,880

  • 10c · Land, buildings and equipment, net

    beginning of year $195,717 · end of year $110,001

  • 11 · Investments: publicly traded securities

    beginning of year $92,169,014 · end of year $115,534,046

  • 12 · Investments: other securities

    beginning of year $11,095,900 · end of year $17,238,472

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $7,789,112 · end of year $10,574,651

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $344,530

  • 19 · Deferred revenue

    beginning of year $15,292 · end of year $15,292

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $25,868,203 · end of year $30,093,094

  • 27 · Net assets without donor restrictions

    beginning of year $86,295,384 · end of year $114,138,469

  • 28 · Net assets with donor restrictions

    beginning of year $46,486 · end of year $46,486

Mission and programs · 2023

Mission

STAMFORD HEALTH, INC. IS A SUPPORTING ORGANIZATION WHOSE MISSION IS TO SUPPORT ITS AFFILIATE ORGANIZATIONS: THE STAMFORD HOSPITAL AND STAMFORD HEALTH MEDICAL GROUP, INC.

Activities or mission (Part I)

STAMFORD HEALTH, INC. IS A SUPPORTING ORGANIZATION WHOSE MISSION IS TO SUPPORT ITS AFFILIATE ORGANIZATIONS: THE STAMFORD HOSPITAL AND SHMG.

  • PARENT ORGANIZATION THAT OVERSEES AND COORDINATES THE STAMFORD HOSPITAL AND AFFILIATED ENTITIES THAT PROVIDE A BROAD RANGE OF HEALTHCARE AND RELATED SERVICES TO THE COMMUNITIES OF FAIRFIELD COUNTY, CONNECTICUT AND ADJOINING COMMUNITIES IN WESTCHESTER COUNTY, NEW YORK.

    Expenses $1,354,682 · Revenue $1,067,697

As filed on the 2023 return.

Listed in Part VII

  • Kathleen Silard

    President & CEO

    Total calculated
    $2,008,332
    From this org
    $0
    From related orgs
    $1,948,814
    Other
    $59,518
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,539,186 related
    Bonus
    $0 + $360,828 related
    Other
    $0 + $48,800 related
    Deferred
    $0 + $18,720 related
    Nontaxable benefits
    $0 + $40,798 related
    Filer's total
    $0 + $2,008,332 related
  • Chad Spooner

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Cheryl De Vonish

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Elizabeth Zea

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Enrique Chang

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • James Thomas

    Chairman

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Lucy Galbraith

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Maher Madhoun MD

    PHYSICIAN Director

    Total calculated
    $757,589
    From this org
    $0
    From related orgs
    $684,826
    Other
    $72,763
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $553,026 related
    Bonus
    $0 + $131,800 related
    Other
    $0
    Deferred
    $0 + $22,500 related
    Nontaxable benefits
    $0 + $50,263 related
    Filer's total
    $0 + $757,589 related
  • Mallory Martino

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Matthew Dumas

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Michael Diliberto

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Michael Ebright MD

    Physician Director (SHMG)

    Total calculated
    $858,810
    From this org
    $0
    From related orgs
    $783,047
    Other
    $75,763
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $431,433 related
    Bonus
    $0
    Other
    $0 + $351,614 related
    Deferred
    $0 + $25,500 related
    Nontaxable benefits
    $0 + $50,263 related
    Filer's total
    $0 + $858,810 related
  • Patrick Hackett

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Paul Giusti

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Shara Israel MD

    Physician Director (SHMG)

    Total calculated
    $433,876
    From this org
    $0
    From related orgs
    $311,769
    Other
    $122,107
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $299,749 related
    Bonus
    $0 + $3,110 related
    Other
    $0 + $8,910 related
    Deferred
    $0 + $44,798 related
    Nontaxable benefits
    $0 + $77,309 related
    Filer's total
    $0 + $433,876 related
  • Elaine Guglielmo

    Termed - Sr. VP HR ganization Development

    Total calculated
    $592,697
    From this org
    $0
    From related orgs
    $545,924
    Other
    $46,773
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $523,244 related
    Bonus
    $0 + $22,680 related
    Other
    $0
    Deferred
    $0 + $30,000 related
    Nontaxable benefits
    $0 + $16,773 related
    Filer's total
    $0 + $592,697 related
  • Elizabeth Longmore

    Sr. VP Operations COO

    Total calculated
    $958,697
    From this org
    $0
    From related orgs
    $825,255
    Other
    $133,442
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $683,291 related
    Bonus
    $0 + $141,014 related
    Other
    $0 + $950 related
    Deferred
    $0 + $83,100 related
    Nontaxable benefits
    $0 + $50,342 related
    Filer's total
    $0 + $958,697 related
  • Michael Veillette

    Sr. VP FINANCE CFO

    Total calculated
    $1,055,799
    From this org
    $0
    From related orgs
    $927,697
    Other
    $128,102
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $774,968 related
    Bonus
    $0 + $150,117 related
    Other
    $0 + $2,612 related
    Deferred
    $0 + $95,830 related
    Nontaxable benefits
    $0 + $32,272 related
    Filer's total
    $0 + $1,055,799 related
  • Sal Mancino

    Sr. VP HR ganization Development

    Total calculated
    $598,932
    From this org
    $0
    From related orgs
    $488,420
    Other
    $110,512
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $381,790 related
    Bonus
    $0 + $105,712 related
    Other
    $0 + $918 related
    Deferred
    $0 + $59,750 related
    Nontaxable benefits
    $0 + $50,762 related
    Filer's total
    $0 + $598,932 related
  • Kevin Gage

    Termed - Sr. VP Finance CFO

    Total calculated
    $129,822
    From this org
    $0
    From related orgs
    $129,822
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $129,822 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $129,822 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

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 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)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
THE OFFICERS NOTED BELOW RECEIVED PAYMENTS FROM A 457(F) NON-QUALIFIED DEFERRED COMPENSATION PLAN OF THE LISTED AMOUNTS: KATHLEEN SILARD $302,062 ELAINE GUGLIELMO $71,925

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.

  • STAMFORD HEALTH MEDICAL GROUP INC

    501(c)(3) · MEDICAL SERVICES · CT · controlled entity

    Directly controlled by TSH

  • THE STAMFORD HOSPITAL

    501(c)(3) · HOSPITAL · CT · controlled entity

    Directly controlled by SHI

  • STANFORD HEALTH PHARMACY LLC

    501(c)(3) · PHARMACY SERVICES · CT

    Directly controlled by TSH

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Provenance

Return type
form_990
Tax year
2023
Filed
14 August 2025
IRS schema version
2023v6.0
Source object
202522269349303027

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