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Nonprofiteer
← MIDDLESEX HOSPITAL

Form 990 for tax year 2024

Filed by MIDDLESEX HOSPITAL.

Totals

Total revenue
$562,648,390
Total expenses
$524,818,709
Contributions and grants received
$12,406,175
Grants paid
$164,337
Program service revenue
$531,587,937
Investment income
$10,074,675
Other revenue
$8,579,603
Total assets, end of year
$657,423,312
Total liabilities, end of year
$161,140,323
Net assets or fund balances, end of year
$496,282,989
Program services expenses (Part IX)
$469,647,049
Management and general expenses
$53,992,374
Fundraising expenses
$1,179,286
Program service expenses (Part III)
$469,647,049

Program services were 89.5% 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.

  • 1a · Federated campaigns

    $461

  • 1c · Fundraising events

    $232,808

  • 1e · Government grants (contributions)

    $3,213,494

  • 1f · All other contributions, gifts and grants

    $8,959,412

  • 1g · Noncash contributions included above

    $252,550

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

    total $530,030,250 · related or exempt $530,030,250

  • 2b · Program service revenue: NET INCOME FROM JOINT VENTURES

    total $1,050,500 · related or exempt $1,050,500

  • 2c · Program service revenue: SPECIMEN LAB

    total $507,187 · unrelated business $507,187

  • 3 · Investment income

    total $7,002,053 · excluded $7,002,053

  • 4 · Income from investment of tax-exempt bond proceeds

    total $24,659 · excluded $24,659

  • 6a · Gross rents

    real property $1,191,723

  • 6b · Less rental expenses

    real property $1,191,723

  • 6c · Rental income or loss

    real property $0

  • 7a · Gross sales of assets other than inventory

    securities $32,837,198

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

    securities $29,789,235

  • 7c · Gain or loss

    securities $3,047,963

  • 7d · Net gain or loss

    total $3,047,963 · excluded $3,047,963

  • 8a · Fundraising events: gross income

    $96,278

  • 8a · Fundraising events: contributions included on line 1c

    $232,808

  • 8b · Fundraising events: direct expenses

    $101,993

  • 8c · Net income from fundraising events

    total -$5,715 · excluded -$5,715

  • 9a · Gaming: gross income

    $1,631

  • 9b · Gaming: direct expenses

    $476

  • 9c · Net income from gaming

    total $1,155 · excluded $1,155

  • 10a · Gross sales of inventory

    $258,285

  • 10b · Cost of goods sold

    $133,382

  • 10c · Net income from sales of inventory

    total $124,903 · excluded $124,903

  • 11a · Other revenue: PURCHASE DISCOUNTS

    total $2,215,701 · related or exempt $2,215,701

  • 11b · Other revenue: CAFETERIA REVENUE

    total $1,674,321 · excluded $1,674,321

  • 11c · Other revenue: IN-SYSTEM BILLING MANAGEMENT FEES

    total $975,890 · related or exempt $975,890

  • 11d · All other revenue

    total $3,593,348 · related or exempt $3,562,719 · unrelated business $30,629

  • 11e · Other revenue, total

    $8,459,260

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $164,337 · program services $164,337

  • 5 · Compensation of officers, directors and key employees

    total $7,572,421 · program services $6,057,937 · management and general $1,514,484

  • 6 · Compensation of disqualified persons

    total $426,104 · program services $426,104

  • 7 · Other salaries and wages

    total $243,832,999 · program services $223,548,138 · management and general $20,284,861

  • 8 · Pension plan contributions

    total $11,382,061 · program services $10,561,893 · management and general $820,168

  • 9 · Other employee benefits

    total $24,733,309 · program services $22,685,372 · management and general $2,047,937

  • 10 · Payroll taxes

    total $17,261,272 · program services $15,880,370 · management and general $1,380,902

  • 11a · Fees: management

    total $2,139,686 · program services $829,986 · management and general $130,414 · fundraising $1,179,286

  • 11b · Fees: legal

    total $442,754 · management and general $442,754

  • 11c · Fees: accounting

    total $200,860 · management and general $200,860

  • 11d · Fees: lobbying

    total $171,658 · management and general $171,658

  • 11f · Fees: investment management

    total $543,496 · management and general $543,496

  • 11g · Fees: other

    total $58,522,445 · program services $46,064,096 · management and general $12,458,349

  • 12 · Advertising and promotion

    total $3,180,513 · program services $23,338 · management and general $3,157,175

  • 13 · Office expenses

    total $6,309,587 · program services $5,374,064 · management and general $935,523

  • 14 · Information technology

    total $1,265,156 · program services $671,699 · management and general $593,457

  • 16 · Occupancy

    total $10,294,455 · program services $6,607,717 · management and general $3,686,738

  • 17 · Travel

    total $1,175,249 · program services $1,141,842 · management and general $33,407

  • 19 · Conferences, conventions and meetings

    total $983,480 · program services $747,355 · management and general $236,125

  • 20 · Interest

    total $696,121 · program services $696,121

  • 22 · Depreciation, depletion and amortization

    total $28,114,752 · program services $24,549,519 · management and general $3,565,233

  • 23 · Insurance

    total $8,733,306 · program services $8,733,306

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $59,257,164 · program services $59,184,022 · management and general $73,142

  • 24b · Other expenses: STATE HOSPITAL TAX

    total $29,838,640 · program services $29,838,640

  • 24c · Other expenses: FOOD

    total $2,059,693 · program services $1,000,631 · management and general $1,059,062

  • 24d · Other expenses: DUES & LICENSES

    total $1,009,329 · program services $383,414 · management and general $625,915

  • 24e · All other expenses

    total $4,507,862 · program services $4,477,148 · management and general $30,714

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,685,252 · end of year $4,487,385

  • 2 · Savings and temporary cash investments

    beginning of year $60,898,185 · end of year $44,438,250

  • 3 · Pledges and grants receivable

    beginning of year $1,103,976 · end of year $1,187,252

  • 4 · Accounts receivable

    beginning of year $62,426,314 · end of year $68,145,898

  • 7 · Other notes and loans receivable

    beginning of year $46,592 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $1,809,484 · end of year $2,230,944

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,215,106 · end of year $7,939,846

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

    $659,215,906

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

    $422,303,030

  • 10c · Land, buildings and equipment, net

    beginning of year $221,980,459 · end of year $236,912,876

  • 11 · Investments: publicly traded securities

    beginning of year $232,608,662 · end of year $252,749,138

  • 14 · Intangible assets

    beginning of year $258,600 · end of year $201,133

  • 15 · Other assets

    beginning of year $24,107,129 · end of year $39,130,590

  • 17 · Accounts payable and accrued expenses

    beginning of year $66,081,379 · end of year $69,033,696

  • 19 · Deferred revenue

    beginning of year $0 · end of year $137,880

  • 20 · Tax-exempt bond liabilities

    beginning of year $21,081,766 · end of year $17,347,252

  • 23 · Secured mortgages and notes payable

    beginning of year $1,284,222 · end of year $1,029,820

  • 25 · Other liabilities

    beginning of year $58,128,748 · end of year $73,591,675

  • 27 · Net assets without donor restrictions

    beginning of year $445,750,847 · end of year $473,260,023

  • 28 · Net assets with donor restrictions

    beginning of year $21,812,797 · end of year $23,022,966

Mission and programs · 2024

Mission

MIDDLESEX HOSPITAL EXISTS TO PROVIDE THE SAFEST, HIGHEST-QUALITY HEALTH CARE AND THE BEST EXPERIENCE POSSIBLE FOR OUR COMMUNITY. (CONTINUED ON SCHEDULE O)

Activities or mission (Part I)

A NON-PROFIT, ACUTE CARE, COMMUNITY HOSPITAL IN MIDDLETOWN, CT. (SEE SCHEDULE O)MIDDLESEX HOSPITAL IS COMMITTED TO PROVIDING HIGH QUALITY INPATIENT AND OUTPATIENT HEALTHCARE SERVICES. THE HOSPITAL RECOGNIZES COMMUNITY TRANSPARENCY AND INTEGRITY AS FUNDAMENTAL RESPONSIBILITIES.

  • MIDDLESEX HOSPITAL CONTINUES TO PROVIDE UPDATES AND ACCESS TO RESOURCES TO HELP MEMBERS OF THE COMMUNITY STAY SAFE AND HEALTHY DURING THESE CHALLENGING TIMES. ARMED WITH SKILLED STAFF, PROGRESSIVE DIAGNOSTIC TOOLS AND ADVANCED SURGICAL TECHNIQUES, THE HOSPITAL WAS WELL POSITIONED TO ENSURE A COMFORTABLE, SAFE ENVIRONMENT FOR EXCEPTIONAL MEDICAL TREATMENT AND RECOVERY. IN THE FISCAL YEAR ENDING 9/30/25, INPATIENT CARE REPRESENTED 11,436 DISCHARGES AND 55,487 PATIENT CARE DAYS. INPATIENT CARE FROM REGISTRATION THROUGH DISCHARGE IS CAREFULLY MANAGED TO EXCEED REGULATORY REQUIREMENTS AND ENSURE QUALITY, PATIENT SATISFACTION, AND BEST PRACTICE WITH EACH ASPECT OF THE INPATIENT EXPERIENCE, INCLUDING ALL ELEMENTS OF CARE FROM NURSING COMPETENCY AND COMPASSION, TO MEAL QUALITY, LAB AND DIAGNOSTIC TESTING, SAFE AND SECURE PHYSICAL SURROUNDINGS TO PATIENT EDUCATION. MIDDLESEX HOSPITAL, LICENSED FOR 275 BEDS AND 22 BASSINETS, PROVIDES ACUTE CARE FROM DEDICATED HEALTH CARE TEAMS WHICH INCLUDE SURGEONS, HOSPITALISTS, FAMILY PRACTITIONERS AND RESIDENTS, MEDICAL STAFF PHYSICIANS, MAGNET NURSES, PHYSICIAN ASSISTANTS, PATIENT CARE TECHNOLOGISTS, DIAGNOSTIC TECHNICIANS, PATHOLOGISTS, ADMINISTRATORS, ENVIRONMENTAL SERVICES, SECURITY, ENGINEERING AND A HOST OF OTHERS WORKING TOGETHER TO ENABLE THE ORGANIZATION'S SUCCESS.THE HOSPITAL UNITS INCLUDING INTENSIVE AND CRITICAL CARE, MEDICAL SURGICAL, ONCOLOGY, ORTHOPEDIC, PULMONOLOGY, VASCULAR AND CARDIOLOGY, GASTROINTESTINAL, MATERNITY, A 20-BED PSYCHIATRIC FLOOR, AND HOSPICE SERVICES SPECIALIZE IN THE SPECIFIC NEEDS OF THEIR PATIENTS AND ARE STAFFED TO ACCOMMODATE THE UNIQUE TREATMENT REQUIREMENTS OF EACH. ALL ANCILLARY SERVICES INCLUDING LABS, RADIOLOGY, FOOD SERVICES, PATHOLOGY, PHARMACY, MEDICAL TRANSCRIPTION AND INFORMATION SERVICES TOO ARE A PART OF THE HOSPITAL TEAM. PATIENT CARE IS DEVELOPED WITH FULL CONSIDERATION OF THE WHOLE INDIVIDUAL, AS THEY ARE ASSIGNED TO CONDITION SPECIFIC CARE PATHWAYS AND SERVICES TO SECURE BEST TREATMENT AND RECOVERY.

    Expenses $469,647,049 · Grants $164,337 · Revenue $537,835,060

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • VINCENT CAPECE JR

    PRESIDENT/CEO

    Total calculated
    $1,714,932
    From this org
    $1,377,038
    From related orgs
    $0
    Other
    $337,894
    Hours/week
    40 + 4 related

    Schedule J breakdown matched by us

    Base
    $912,188
    Bonus
    $200,000
    Other
    $264,850
    Deferred
    $300,820
    Nontaxable benefits
    $37,074
    Filer's total
    $1,714,932

  • DAVID C BENOIT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • JEAN M D'AQUILA

    VICE CHAIR (AS OF 6/2025)

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • JOHN J GAUTHIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • ROBERT C HINTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • CHANDLER J HOWARD

    CHAIR (AS OF 6/2025)

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • JONATHAN D LEVINE MD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • MARK D LORENZE MD

    ASST SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • DARRELL G PATASKA

    CHAIRMAN (TILL 7/2025)

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • CHRISTINE H REPASY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • GARY M WALLACE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • MARK BERTOLAMI

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • ELIZABETH G JUDD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • SUSAN MARTIN

    VP FINANCE/TREASURER

    Total calculated
    $711,119
    From this org
    $658,668
    From related orgs
    $0
    Other
    $52,451
    Hours/week
    40 + 4 related

    Schedule J breakdown matched by us

    Base
    $519,272
    Bonus
    $76,000
    Other
    $63,396
    Deferred
    $22,220
    Nontaxable benefits
    $30,231
    Filer's total
    $711,119

  • TODD BISCHOP

    CHIEF DEPT OF MED

    Total calculated
    $493,441
    From this org
    $467,099
    From related orgs
    $0
    Other
    $26,342
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $415,854
    Bonus
    $50,795
    Other
    $450
    Deferred
    $24,150
    Nontaxable benefits
    $2,192
    Filer's total
    $493,441

  • DAVID GIUFFRIDA

    VP FACILITIES & SUPPORT SVCS

    Total calculated
    $517,715
    From this org
    $478,666
    From related orgs
    $0
    Other
    $39,049
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $378,874
    Bonus
    $55,500
    Other
    $44,292
    Deferred
    $22,103
    Nontaxable benefits
    $16,946
    Filer's total
    $517,715

  • EVAN JACKSON

    VP & CIO

    Total calculated
    $627,497
    From this org
    $520,594
    From related orgs
    $0
    Other
    $106,903
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $414,649
    Bonus
    $62,000
    Other
    $43,945
    Deferred
    $66,600
    Nontaxable benefits
    $40,303
    Filer's total
    $627,497

  • DONNA STRONESKI

    VP HUMAN RESOURCES

    Total calculated
    $547,593
    From this org
    $473,112
    From related orgs
    $0
    Other
    $74,481
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $346,066
    Bonus
    $91,000
    Other
    $36,046
    Deferred
    $62,500
    Nontaxable benefits
    $11,981
    Filer's total
    $547,593

  • DAVID COSENTINO

    VP QUALITY & PATIENT SAFETY

    Total calculated
    $712,974
    From this org
    $596,898
    From related orgs
    $0
    Other
    $116,076
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $483,969
    Bonus
    $71,000
    Other
    $41,929
    Deferred
    $76,850
    Nontaxable benefits
    $39,226
    Filer's total
    $712,974

  • KELLY HAECKEL

    VP PATIENT CARE SVCS/CNO

    Total calculated
    $555,541
    From this org
    $463,059
    From related orgs
    $0
    Other
    $92,482
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $324,623
    Bonus
    $108,500
    Other
    $29,936
    Deferred
    $55,485
    Nontaxable benefits
    $36,997
    Filer's total
    $555,541

  • LELAND MCKENNA

    VP PLANNING & EXTERNAL AFF

    Total calculated
    $416,864
    From this org
    $363,893
    From related orgs
    $0
    Other
    $52,971
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $288,043
    Bonus
    $73,500
    Other
    $2,350
    Deferred
    $47,006
    Nontaxable benefits
    $5,965
    Filer's total
    $416,864

  • JUSTIN DREW

    VP AMBULATORY & CLINICAL SVCS

    Total calculated
    $419,350
    From this org
    $360,571
    From related orgs
    $0
    Other
    $58,779
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,045
    Bonus
    $73,500
    Other
    $3,026
    Deferred
    $48,816
    Nontaxable benefits
    $9,963
    Filer's total
    $419,350

  • JONATHAN BANKOFF

    CHAIRMAN EMERGENCY MEDICINE

    Total calculated
    $603,598
    From this org
    $541,616
    From related orgs
    $0
    Other
    $61,982
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $495,531
    Bonus
    $45,515
    Other
    $570
    Deferred
    $24,150
    Nontaxable benefits
    $37,832
    Filer's total
    $603,598

  • JEFFREY SHELTON

    CHAIRMAN DEPT PSYCH

    Total calculated
    $514,281
    From this org
    $462,912
    From related orgs
    $0
    Other
    $51,369
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $431,722
    Bonus
    $30,500
    Other
    $690
    Deferred
    $24,150
    Nontaxable benefits
    $27,219
    Filer's total
    $514,281

  • THEODORE HARTENSTEIN

    MED DIRECTOR, UTILIZATION MGMT

    Total calculated
    $594,489
    From this org
    $532,907
    From related orgs
    $0
    Other
    $61,582
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $504,457
    Bonus
    $28,000
    Other
    $450
    Deferred
    $20,700
    Nontaxable benefits
    $40,882
    Filer's total
    $594,489

  • RICARDO PEREZ

    PULMONOLOGIST

    Total calculated
    $564,386
    From this org
    $509,304
    From related orgs
    $0
    Other
    $55,082
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $393,489
    Bonus
    $115,545
    Other
    $270
    Deferred
    $17,250
    Nontaxable benefits
    $37,832
    Filer's total
    $564,386

  • ALINA FILOZOV

    PHYSICIAN, INFECTIOUS DISEASE

    Total calculated
    $492,167
    From this org
    $468,056
    From related orgs
    $0
    Other
    $24,111
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,060
    Bonus
    $214,546
    Other
    $450
    Deferred
    $17,973
    Nontaxable benefits
    $6,138
    Filer's total
    $492,167

  • JESSE WAGNER MD

    FORMER KEY EMPLOYEE

    Total calculated
    $106,233
    From this org
    $106,233
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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 · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 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)

PART I, LINE 1A
SOCIAL CLUB DUES - REPRESENTS A CORPORATE MEMBERSHIP AT A GOLF CLUB USED FOR VARIOUS BUSINESS PURPOSES. THE ASSOCIATED COST IS INCLUDED IN THE TAXABLE COMPENSATION OF THE EXECUTIVE STAFF MEMBER ACCORDING TO IRS RULES AND REGULATIONS. THIS BENEFIT WAS PROVIDED TO THE FOLLOWING INDIVIDUAL: VINCENT CAPECE
PART I, LINE 4B
THE FOLLOWING INDIVIDUALS RECEIVED COMPENSATION FROM A SERP, WHICH WAS INCLUDED IN PART II, COLUMN B(III) AND COLUMN F: VINCENT CAPECE = $237,124 SUSAN MARTIN = $52,703 DAVID COSENTINO = $37,468 EVAN JACKSON = $38,657 DAVID GIUFFRIDA = $38,150 DONNA STRONESKI = $29,978 KELLY HAECKEL = $27,807 SERP CONTRIBUTIONS WERE MADE FOR THE FOLLOWING INDIVIDUALS AND ARE INCLUDED IN PART II, COLUMN C: VINCENT CAPECE = $276,120 DAVID CONSENTINO = $49,250 EVAN JACKSON = $42,450 DONNA STRONESKI = $34,900 KELLY HAECKEL = $33,150 LELAND MCKENNA = $29,400 JUSTIN DREW = $29,400
PART II, COLUMN (B)(II) - BONUS & INCENTIVE COMPENSATION:
THE AMOUNTS REPRESENT INCENTIVE COMPENSATION PAYMENTS MADE IN CALENDAR YEAR 2024. PAYMENTS INCLUDE AMOUNTS EARNED IN 2023 AND DEFERRED, WHERE APPLICABLE.

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

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.

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202612239349301941

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