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Nonprofiteer
← CHESHIRE MEDICAL CENTER

Form 990 for tax year 2025

Filed by CHESHIRE MEDICAL CENTER.

Totals

Total revenue
$84,192,007
Total expenses
$86,246,592
Contributions and grants received
$3,361,826
Grants paid
$16,748
Program service revenue
$80,036,005
Investment income
-$1,495
Other revenue
$795,671
Total assets, end of year
$161,014,685
Total liabilities, end of year
$68,284,494
Net assets or fund balances, end of year
$92,730,191
Program services expenses (Part IX)
$78,594,333
Management and general expenses
$7,458,535
Fundraising expenses
$193,724
Program service expenses (Part III)
$78,594,333

Program services were 91.1% 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.

  • 1d · Related organizations

    $2,929,499

  • 1e · Government grants (contributions)

    $388,607

  • 1f · All other contributions, gifts and grants

    $43,720

  • 2a · Program service revenue: NET PATIENT SERVICE REVENUE

    total $73,031,242 · related or exempt $73,031,242

  • 2b · Program service revenue: PHARMACY REVENUE

    total $6,401,855 · related or exempt $6,114,975 · unrelated business $286,880

  • 2c · Program service revenue: LABORATORY SERVICES

    total $54,244 · unrelated business $54,244

  • 2d · Program service revenue: CONTRACTED PATIENT SERVICES

    total $548,664 · related or exempt $548,664

  • 2f · All other program service revenue

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

  • 6a · Gross rents

    real property $3,496

  • 6c · Rental income or loss

    real property $3,496 · personal property $0

  • 6d · Net rental income or loss

    total $3,496 · excluded $3,496

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

    other assets $1,495

  • 7c · Gain or loss

    securities $0 · other assets -$1,495

  • 7d · Net gain or loss

    total -$1,495 · excluded -$1,495

  • 8c · Net income from fundraising events

    total $0

  • 11a · Other revenue: FOOD SERVICES

    total $315,612 · excluded $315,612

  • 11b · Other revenue: REBATES AND DISCOUNTS

    total $245,408 · related or exempt $245,408

  • 11c · Other revenue: CHILDCARE REVENUE

    total $182,870 · excluded $182,870

  • 11d · All other revenue

    total $48,285 · related or exempt $48,285 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $792,175

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $550 · program services $550

  • 2 · Grants to domestic individuals

    total $16,198 · program services $16,198

  • 5 · Compensation of officers, directors and key employees

    total $361,648 · program services $5,222 · management and general $356,426

  • 7 · Other salaries and wages

    total $24,304,092 · program services $22,873,065 · management and general $1,371,604 · fundraising $59,423

  • 8 · Pension plan contributions

    total $1,373,766 · program services $1,292,878 · management and general $77,529 · fundraising $3,359

  • 9 · Other employee benefits

    total $7,054,426 · program services $6,639,061 · management and general $398,117 · fundraising $17,248

  • 10 · Payroll taxes

    total $1,344,472 · program services $1,265,310 · management and general $75,875 · fundraising $3,287

  • 11b · Fees: legal

    total $26,321 · program services $980 · management and general $25,341

  • 11g · Fees: other

    total $25,654,649 · program services $22,436,194 · management and general $3,130,236 · fundraising $88,219

  • 12 · Advertising and promotion

    total $64,938 · program services $36,688 · management and general $28,250

  • 13 · Office expenses

    total $383,937 · program services $306,274 · management and general $71,680 · fundraising $5,983

  • 14 · Information technology

    total $90,374 · program services $90,374

  • 16 · Occupancy

    total $1,650,176 · program services $1,459,714 · management and general $190,462

  • 17 · Travel

    total $117,870 · program services $111,679 · management and general $5,872 · fundraising $319

  • 19 · Conferences, conventions and meetings

    total $18,596 · program services $18,350 · management and general $246

  • 20 · Interest

    total $476,753 · program services $476,753

  • 22 · Depreciation, depletion and amortization

    total $2,388,322 · program services $1,466,916 · management and general $921,406

  • 23 · Insurance

    total $942,413 · program services $939,211 · management and general $3,202

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $14,169,901 · program services $14,169,901

  • 24b · Other expenses: MEDICAID ENHANCEMENT & PILOT TAXES

    total $3,147,426 · program services $3,147,426

  • 24c · Other expenses: EQUIPMENT RENTAL AND MAINTENANCE

    total $1,416,552 · program services $856,113 · management and general $560,439

  • 24d · Other expenses: OTHER EXPENSES

    total $513,487 · program services $389,510 · management and general $109,722 · fundraising $14,255

  • 24e · All other expenses

    total $729,725 · program services $595,966 · management and general $132,128 · fundraising $1,631

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $13,317,225 · end of year $13,587,644

  • 4 · Accounts receivable

    beginning of year $19,977,731 · end of year $17,458,787

  • 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

  • 8 · Inventories for sale or use

    beginning of year $5,351,475 · end of year $5,392,014

  • 9 · Prepaid expenses and deferred charges

    beginning of year $192,410 · end of year $1,273,573

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

    $280,128,727

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

    $217,582,045

  • 10c · Land, buildings and equipment, net

    beginning of year $65,384,295 · end of year $62,546,682

  • 12 · Investments: other securities

    beginning of year $30,731,826 · end of year $32,198,712

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $22,439,269 · end of year $28,557,273

  • 17 · Accounts payable and accrued expenses

    beginning of year $18,013,915 · end of year $19,052,076

  • 19 · Deferred revenue

    beginning of year $716,871 · end of year $828,703

  • 20 · Tax-exempt bond liabilities

    beginning of year $21,400,085 · end of year $21,392,094

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $25,900,223 · end of year $27,011,621

  • 27 · Net assets without donor restrictions

    beginning of year $49,166,790 · end of year $50,533,842

  • 28 · Net assets with donor restrictions

    beginning of year $42,196,347 · end of year $42,196,349

Mission and programs · 2025

Mission

THE MISSION OF CHESHIRE MEDICAL CENTER IS TO DELIVER COMPASSIONATE AND EXCEPTIONAL CARE TO ALL WE SERVE.

Activities or mission (Part I)

TO DELIVER COMPASSIONATE AND EXCEPTIONAL CARE TO ALL WE SERVE BY OPTIMIZING THE HEALTH AND WELLBEING OF OUR COMMUNITIES AND SETTING THE STANDARD FOR HEALTHCARE EXCELLENCE.

  • CHESHIRE MEDICAL CENTER (CHESHIRE) IS A COMMUNITY HOSPITAL LOCATED IN KEENE, NEW HAMPSHIRE. CHESHIRE IS A NOT-FOR-PROFIT ORGANIZATION, AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE HOSPITAL IS A MEMBER OF THE DARTMOUTH HEALTH SYSTEM ("DH"), A NOT-FOR-PROFIT TAX-EXEMPT CORPORATION WITH A PRINCIPAL PLACE OF BUSINESS AT ONE MEDICAL CENTER DRIVE, LEBANON, NEW HAMPSHIRE. CONSISTENT WITH THE DH VISION AND STRATEGY TO CREATE A SUSTAINABLE HEALTH SYSTEM, CHESHIRE AND DH SHARE A COMMON COMMITMENT TO IMPROVING POPULATION HEALTH, VALUE-BASED CARE, AND CREATING NEW PAYMENT MODELS FOR THE BENEFIT OF THE CITIZENS OF NEW HAMPSHIRE AND VERMONT. CHESHIRE PROVIDES A BROAD RANGE OF PATIENT SERVICES AND HEALTH-RELATED COMMUNITY SERVICES, CONSISTENT WITH ITS ROLE AS A COMMUNITY HOSPITAL. THESE INCLUDE A FULL RANGE OF SERVICES IN BOTH ACUTE AND CRITICAL MEDICINE, SURGERY, AND REHABILITATION. (CONTINUED ON SCHEDULE O)

    Expenses $78,594,333 · Grants $16,748 · Revenue $79,988,574

As filed on the 2025 return.

Listed in Part VII

  • ELIZABETH COTTER

    TRUSTEE/SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JOSEPH L PERRAS MD

    TRUSTEE/CEO/PRESIDENT EX-OFFICIO

    Total calculated
    $0
    Hours/week
    40 + 1.5 related

  • MARK BODIN

    TRUSTEE / TREASURER

    Total calculated
    $0
    Hours/week
    1

  • MARK GAVIN

    TRUSTEE / CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SERENA SHOMODY

    TRUSTEE/MED STAFF PRES.

    Total calculated
    $0
    Hours/week
    40

  • ALAN KINTISCH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • ANDREW G TREMBLAY MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • BARBARA DUCKETT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • GINA OBRIEN MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 40 related

  • MICHAEL CHELSTOWSKI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • MICHAEL WATERS

    TRUSTEE / DH TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 40 related

  • PAIGE WALKER

    TRUSTEE (AS OF 8/1/25)

    Total calculated
    $0
    Hours/week
    0.5

  • SALLY MALAY

    TRUSTEE (AS OF 8/1/25)

    Total calculated
    $0
    Hours/week
    0.5

  • STEPHEN LEBLANC

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 42.5 related

  • SUSAN ABERT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • TERESA MALCOLM MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 40 related

  • ANNE TYROL

    CHIEF NURSING OFFICER

    Total calculated
    $0
    Hours/week
    40

  • KATHRYN F WILLBARGER

    COO

    Total calculated
    $0
    Hours/week
    40

  • TODD ROBERTS

    CFO

    Total calculated
    $0
    Hours/week
    40 + 0.5 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.

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 corporations and trusts

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

  • KEENE HEALTH ENTERPRISES

    C CORPORATION · REAL ESTATE HOLDING · NH · 100% owned · share of income $0 · share of assets $0 · controlled entity

    Directly controlled by CMC

  • KEENE HEALTH REALTY

    C CORPORATION · REAL ESTATE HOLDING · NH · 100% owned · share of income -$46,354 · share of assets $410,899 · controlled entity

    Directly controlled by CMC

  • KEENE HEALTH SERVICES

    C CORPORATION · REAL ESTATE HOLDING · NH · 100% owned · share of income $882 · share of assets $1,428,512 · controlled entity

    Directly controlled by CMC

Provenance

Return type
form_990
Tax year
2025
Filed
12 August 2026
IRS schema version
2025v4.2
Source object
202642249349302779

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