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Nonprofiteer
← SVMC HOLDINGS INC

Form 990 for tax year 2022

Filed by SVMC HOLDINGS INC.

Totals

Total revenue
$616,264,745
Total expenses
$637,943,962
Contributions and grants received
$4,787,397
Grants paid
$902,194
Program service revenue
$614,714,110
Investment income
$143,850
Other revenue
-$3,380,612
Total assets, end of year
$313,245,742
Total liabilities, end of year
$220,257,173
Net assets or fund balances, end of year
$92,988,569
Program services expenses (Part IX)
$612,634,539
Management and general expenses
$24,259,737
Fundraising expenses
$1,049,686
Program service expenses (Part III)
$612,634,539

Program services were 96.0% 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.

  • 1c · Fundraising events

    $787,849

  • 1d · Related organizations

    $1,618,422

  • 1e · Government grants (contributions)

    $2,381,126

  • 2a · Program service revenue: Net Patient Revenue

    total $598,575,070 · related or exempt $598,575,070

  • 2b · Program service revenue: Pharmacy

    total $15,763,802 · related or exempt $15,763,802

  • 2c · Program service revenue: Reference Testing

    total $375,238 · unrelated business $375,238

  • 3 · Investment income

    total $143,025 · excluded $143,025

  • 6a · Gross rents

    real property $1,283,560

  • 6b · Less rental expenses

    real property $4,443,713

  • 6c · Rental income or loss

    real property -$3,160,153

  • 6d · Net rental income or loss

    total -$3,160,153 · excluded -$3,160,153

  • 7a · Gross sales of assets other than inventory

    other assets $825

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

    other assets $0

  • 7c · Gain or loss

    other assets $825

  • 7d · Net gain or loss

    total $825 · excluded $825

  • 8a · Fundraising events: gross income

    $52,700

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

    $787,849

  • 8b · Fundraising events: direct expenses

    $273,159

  • 8c · Net income from fundraising events

    total -$220,459 · excluded -$220,459

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $902,194 · program services $902,194

  • 5 · Compensation of officers, directors and key employees

    total $443,997 · management and general $443,997

  • 7 · Other salaries and wages

    total $182,128,326 · program services $177,159,661 · management and general $4,339,409 · fundraising $629,256

  • 8 · Pension plan contributions

    total $9,664,246 · program services $9,377,733 · management and general $253,204 · fundraising $33,309

  • 9 · Other employee benefits

    total $14,842,317 · program services $14,402,291 · management and general $388,870 · fundraising $51,156

  • 10 · Payroll taxes

    total $11,542,877 · program services $11,128,808 · management and general $365,931 · fundraising $48,138

  • 11b · Fees: legal

    total $85,341 · management and general $85,341

  • 11d · Fees: lobbying

    total $73,840 · management and general $73,840

  • 11g · Fees: other

    total $140,633,914 · program services $140,633,914

  • 12 · Advertising and promotion

    total $220,933 · program services $162,814 · management and general $44,290 · fundraising $13,829

  • 13 · Office expenses

    total $5,594,820 · program services $4,155,802 · management and general $1,422,808 · fundraising $16,210

  • 14 · Information technology

    total $17,864,898 · program services $17,009,243 · management and general $855,655

  • 16 · Occupancy

    total $6,965,276 · program services $5,493,508 · management and general $1,455,938 · fundraising $15,830

  • 17 · Travel

    total $116,510 · program services $97,080 · management and general $16,705 · fundraising $2,725

  • 19 · Conferences, conventions and meetings

    total $220,475 · program services $208,088 · management and general $11,298 · fundraising $1,089

  • 20 · Interest

    total $447,792 · program services $273,153 · management and general $174,639

  • 21 · Payments to affiliates

    total $30,816,725 · program services $25,323,345 · management and general $5,493,380

  • 22 · Depreciation, depletion and amortization

    total $17,135,646 · program services $11,124,471 · management and general $5,995,076 · fundraising $16,099

  • 23 · Insurance

    total $5,293,957 · program services $5,293,957

  • 24a · Other expenses: Medical Supplies

    total $133,229,366 · program services $133,229,366

  • 24b · Other expenses: Hospital Provider User

    total $32,969,004 · program services $32,969,004

  • 24c · Other expenses: Repairs & Maintenance

    total $12,706,864 · program services $12,510,167 · management and general $146,956 · fundraising $49,741

  • 24d · Other expenses: Purchased Services

    total $11,071,806 · program services $9,121,547 · management and general $1,931,867 · fundraising $18,392

  • 24e · All other expenses

    total $2,972,838 · program services $2,058,393 · management and general $760,533 · fundraising $153,912

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $9,358,523 · end of year $23,658,982

  • 2 · Savings and temporary cash investments

    beginning of year $1,000 · end of year $2,529

  • 3 · Pledges and grants receivable

    beginning of year $5,223,716 · end of year $3,957,227

  • 4 · Accounts receivable

    beginning of year $48,359,753 · end of year $51,011,465

  • 8 · Inventories for sale or use

    beginning of year $11,471,832 · end of year $12,388,335

  • 9 · Prepaid expenses and deferred charges

    beginning of year $1,217,991 · end of year $978,052

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

    $240,219,740

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

    $57,731,022

  • 10c · Land, buildings and equipment, net

    beginning of year $168,996,082 · end of year $182,488,718

  • 11 · Investments: publicly traded securities

    beginning of year $26,353,690 · end of year $28,357,442

  • 12 · Investments: other securities

    beginning of year $2,354,548 · end of year $4,473,534

  • 13 · Investments: program-related

    end of year $125,980

  • 14 · Intangible assets

    beginning of year $1,005,000 · end of year $1,005,000

  • 15 · Other assets

    beginning of year $3,059,460 · end of year $4,798,478

  • 17 · Accounts payable and accrued expenses

    beginning of year $40,288,266 · end of year $43,034,166

  • 19 · Deferred revenue

    beginning of year $861,036 · end of year $1,534,518

  • 25 · Other liabilities

    beginning of year $115,776,697 · end of year $175,688,489

  • 27 · Net assets without donor restrictions

    beginning of year $88,766,510 · end of year $57,639,750

  • 28 · Net assets with donor restrictions

    beginning of year $31,709,086 · end of year $35,348,819

Mission and programs · 2022

Mission

To improve the health and well-being of all people in the communities we serve.

  • As a member of Hartford HealthCare Corporation (HHC), Cardiology services at St Vincent Medical Center are provided through the Hartford HealthCare Heart and Vascular Institute. As a patient or family member, there are many reasons to choose the Hartford HealthCare Heart and Vascular Institute. Whether you enter our system through one of our board-certified cardiologists in an outpatient setting, in an emergency by way of LIFE STAR helicopter, or at one of our seven hospitals, including a tertiary care level teaching hospital, we provide the coordinated, evidence-based care that you need to get back on your feet again. The stress of driving long distances for care and assessment can have a serious impact on the patient's quality of life. The care provided at the St Vincent's regional Heart and Vascular Center works seamlessly with the Heart & Vascular Institute's Center for Advanced Heart Failure at Hartford Hospital. The Center offers a range of cardiac treatments and surgical procedures for patients and their loved ones performed by our expert cardiac care team.At the completion of FY23, the Center had approximately 30,559 cases with an average length of stay of 5.4 days.

    Revenue $117,926,380

  • Hartford HealthCare is Connecticut's most comprehensive healthcare network. Our fully integrated health system includes a tertiary-care teaching hospital, an acute-care community teaching hospital, an acute-care hospital and trauma center, two community hospitals. The Cancer Institute, headed by a visionary leadership team, offers the same high-quality care you'd get at an academic health system but delivered in convenient community settings. Advanced treatments and services are available in offices and centers across our system all offered by fellowship-trained experts in various types of cancer. These community efforts are enhanced by our membership in the Memorial Sloan Kettering (MSK) Cancer Alliance. This connection offers invaluable access to current research trials that can connect you with the latest medications and treatments for your cancer. Often, you can join research trials from the convenience of your local Cancer Institute site. This distinctive cancer care and clinical research partnership means the Hartford HealthCare Cancer Institute brings the most innovative, evidence-based cancer care from MSK directly into community settings across our state. Previously, patients had to travel to New York to get this level of care.Partnering with MSK has helped Hartford HealthCare expand its research portfolio to include more cancer types than ever before, and to add a Cancer Care Innovation Unit at Hartford Hospital. The unit enables Hartford HealthCare to provide Phase I clinical trials to patients, meaning they have access to the most promising drugs in the development pipeline.We've also drafted standards that guarantee you will receive the same high level of care no matter which location you visit or provider you see. Our community approach to cancer treatment has been recognized nationally. In 2017, the Cancer Institute became one of only a few U.S. systems to earn the American College of Surgeons' Commission on Cancer accreditation. Historically, such approval was only given to individual locations. The Hartford HealthCare Cancer Institute encompasses comprehensive cancer centers at seven hospitals across Connecticut Hartford Hospital, The Hospital of Central Connecticut, Backus Hospital, Midstate Medical Center, Windham Hospital, Charlotte Hungerford Hospital and St Vincent's Medical Center. Collectively, the cancer programs within the Cancer Institute treat about 6,000 new cancer patients per year while caring for tens of thousands of existing patients, offering a full range of innovative, evidence-based and personalized treatments designed to meet the needs of each individual patient. Our innovative Institute approach is unlike any other in the state and is among the most highly regarded in the nation. Through our Institute, which is organized around a specific disease and not necessarily location, we can apply best practices throughout our system so that patients receive the same high standards of care no matter where they live or which Hartford HealthCare cancer center they choose. For all of our patients, a dedicated team of oncologists, surgeons, radiologists, pathologists, nurses, clinical researchers, technicians and others collaborate to provide the exact course of care they need. The Institute's multidisciplinary disease management teams meet and collaborate regularly to lend expertise and insight on numerous cancer types, translating into exceptional coordinated care. The Institute's accomplished, fellowship-trained physicians are nationally recognized for their level of sophisticated care in areas such as radiation oncology, medical oncology and surgical oncology. Patients are also cared for in an environment that emphasizes compassion and personal connections, with a team of trained nurse navigators who provide guidance and support to patients and families, from diagnosis to recovery. The Institute also boasts a thriving survivorship program. In 2017, the Institute was accredited as a network by the American College of Surgeons Commission on Cancer, one of a select few institutes nationwide to be recognized as a system, rather than individual cancer centers. For patients coming through our doors with a cancer diagnosis, that means three things: standardized care, more options and more hope.More than four years after the Hartford HealthCare Cancer Institute became the charter member of the Memorial Sloan Kettering (MSK) Cancer Alliance, cancer patients now have unprecedented access to the world's most advanced clinical trials. And more than ever before, physicians, nurses, pharmacists and researchers are working collaboratively to implement cancer treatment standards and protocols developed at MSK, the premier cancer treatment center in the country. For FY23, the approximate number of cases treated were as follows:Hartford Hospital: 2,886Hospital of Central Connecticut: 1,331Backus Hospital: 959Midstate Medical Center: 405Windham Hospital: 70Charlotte Hungerford Hospital: 267St Vincent's Medical Center: 736The five most common types of cancer diagnosed by teams of specialists at the Hartford HealthCare Cancer Institute are cancers of the Breast, Lung, Prostate, Bladder & Colon. Each patient has a unique scenario requiring a personalized plan.Approximately 1,662 Breast Cancer cases were treated across the system as follows:Hartford Hospital: 622Hospital of Central Connecticut: 363Backus Hospital: 256Midstate Medical Center: 152Windham Hospital: 16Charlotte Hungerford Hospital: 72St Vincent's Medical Center: 181Approximately 732 Lung Cancer cases were treated across the system as follows:Hartford Hospital: 298Hospital of Central Connecticut: 165Backus Hospital: 141Midstate Medical Center: 42Windham Hospital: 9Charlotte Hungerford Hospital: 23St Vincent's Medical Center: 54Approximately 807 Prostate Cancer cases were treated across the system as follows:Hartford Hospital: 325Hospital of Central Connecticut: 140Backus Hospital: 122Midstate Medical Center: 46Windham Hospital: 1Charlotte Hungerford Hospital: 57St Vincent's Medical Center: 116 Approximately 408 Bladder Cancer cases were treated across the system as follows:Hartford Hospital: 154Hospital of Central Connecticut: 62Backus Hospital: 89Midstate Medical Center: 40 Windham Hospital: 3Charlotte Hungerford Hospital: 27St Vincent's Medical Center: 33Approximately 330 Colon Cancer cases were treated across the system as follows:Hartford Hospital: 130Hospital of Central Connecticut: 56Backus Hospital: 52Midstate Medical Center: 23Windham Hospital: 2Charlotte Hungerford Hospital: 20St Vincent's Medical Center: 47As always, Hartford HealthCare is creating a better future for healthcare in Connecticut and beyond. We are a community of caregivers engaged in developing a coordinated, consistent high standard of care. We use research and education as partners in care delivery. We create and engage in meaningful alliances to enhance access to services. We invest in technology and training to develop new pathways to improve the timeliness, efficiency and accuracy of our services.

    Expenses $60,925,809 · Revenue $64,115,291

  • The Connecticut Orthopaedic Institute (COI) at St. Vincent's Medical Center proudly maintains an exceptional level of care and an outstanding patient experience. The Institute is staffed by some of the top orthopedic specialists in the region through a partnership with Connecticut Orthopedic Specialists and Comprehensive Orthopedics and Musculoskeletal Care. The surgeons, and their patients, also have access to the best-available robotics-assisted technology, Mako Robotic-Arm Assisted Surgery for knees and hips, and Mazor X Robotic Spine Surgery for the spine. The Mazor X Robotic Spine Surgery makes a procedure less invasive and more precise. For our patients, that means a quicker recovery and restored function of your knee, hip, or spine. Conditions treated include but is not limited to: Arthritis; Degenerative Joint Disease, Hand/Repetitive Motion; Hip; Knee; Osteoporosis; Shoulder; and Spine. The Institute is made up of the following departments: Orthopedic Surgery; Mako System; Sports Medicine; and Telerehabilitation.The COI provides the highest quality of care and an outstanding patient experience. We are proud to have been the first in the nation to achieve the Joint Commission's Advanced Certification for Spine Surgery. At the completion of FY23, the Division of Orthopedics had approximately 13,784 cases with an average length of stay of 5.9 days.

    Expenses $52,871,846 · Revenue $50,571,213

  • St. Vincent's Medical Center continues its mission of carrying on the work of the Daughters of Charity and their commitment to serve the sick and poor of Bridgeport. St. Vincent's Medical Center is a licensed 473-bed community teaching and referral hospital with a Level II trauma center and a 76-bed inpatient psychiatric facility in Westport. The Medical Center offers a full range of inpatient and outpatient services with regional centers of excellence in cardiology, surgery, cancer care, orthopedics, family birthing, behavioral health, and an array of specialized services.St. Vincent's Health Services includes the Medical Center, St. Vincent's Behavioral Health Services, St. Vincent's Special Needs Services, and St. Vincent's Medical Center Foundation. In 2010, the Medical Center broke ground on the Elizabeth M. Pfriem SWIM Center for Cancer Care, the renovated and expanded Michael J. Daly Emergency Department.The Elizabeth M. Pfriem SWIM Center for Cancer Care contains all oncology services in one place. These services encompass the full spectrum of cancer care and include community outreach, screening and prevention, diagnostic services, surgical and medical oncology, radiation therapy, interventional oncology, clinical trials, dedicated inpatient and outpatient cancer units, palliative care, pain management, integrative oncology, support services, patient and provider education and survivorship. The Center offers integrative oncology services, including a boutique, spa services, nutrition counseling, social work, financial counseling, a meditation area, support services and a survivorship program.The Michael J. Daly Center for Emergency and Trauma Care was renamed in December of 2009 as the first section of the expanded and refurbished emergency department which opened in the fall 2010. The completely renovated emergency department, tripled in size, holds 60 beds, includes specialized trauma and critical care suites, a "Fast Track" area for minor case needs, dedicated OB/GYN rooms, pediatric area, expanded Behavioral Health and Psychiatric area with focus on privacy and safety, improvements in diagnostic equipment, including its own CT scanner, ultrasound and X-ray equipment to expedite diagnosis and treatment of emergency room patients and a permanent decontamination facility for hazardous spills.

    Expenses $498,836,884 · Grants $902,194 · Revenue $381,725,988

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael Daglio

    Former President

    Total calculated
    $1,614,663
    From this org
    $0
    From related orgs
    $1,445,846
    Other
    $168,817
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $784,731 related
    Bonus
    $0 + $655,043 related
    Other
    $0 + $6,072 related
    Deferred
    $0 + $130,772 related
    Nontaxable benefits
    $0 + $38,045 related
    Filer's total
    $0 + $1,614,663 related

  • William Jennings

    President/Director

    Total calculated
    $1,589,777
    From this org
    $0
    From related orgs
    $1,433,652
    Other
    $156,125
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $0 + $861,267 related
    Bonus
    $0 + $561,033 related
    Other
    $0 + $11,352 related
    Deferred
    $0 + $135,954 related
    Nontaxable benefits
    $0 + $20,171 related
    Filer's total
    $0 + $1,589,777 related

  • Vincent DiBattista

    Former Director, President

    Total calculated
    $941,173
    From this org
    $0
    From related orgs
    $882,083
    Other
    $59,090
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $469,269 related
    Bonus
    $0 + $380,999 related
    Other
    $0 + $31,815 related
    Deferred
    $0 + $21,350 related
    Nontaxable benefits
    $0 + $37,740 related
    Filer's total
    $0 + $941,173 related

  • Dale Danowski

    Former Key Employee

    Total calculated
    $647,571
    From this org
    $0
    From related orgs
    $619,995
    Other
    $27,576
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $182,063 related
    Bonus
    $0
    Other
    $0 + $437,932 related
    Deferred
    $0 + $9,423 related
    Nontaxable benefits
    $0 + $18,153 related
    Filer's total
    $0 + $647,571 related

  • Daniel Gottschall MD

    VP

    Total calculated
    $646,551
    From this org
    $0
    From related orgs
    $585,155
    Other
    $61,396
    Hours/week
    30 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $450,103 related
    Bonus
    $0 + $130,888 related
    Other
    $0 + $4,164 related
    Deferred
    $0 + $21,350 related
    Nontaxable benefits
    $0 + $40,046 related
    Filer's total
    $0 + $646,551 related

  • Christopher Given

    VP

    Total calculated
    $441,693
    From this org
    $0
    From related orgs
    $415,641
    Other
    $26,052
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $0 + $317,165 related
    Bonus
    $0 + $97,424 related
    Other
    $0 + $1,052 related
    Deferred
    $0 + $21,350 related
    Nontaxable benefits
    $0 + $4,702 related
    Filer's total
    $0 + $441,693 related

  • Corina Marcu MD

    Former Highest Compensated Employee

    Total calculated
    $435,908
    From this org
    $413,517
    From related orgs
    $0
    Other
    $22,391
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $357,737
    Bonus
    $55,228
    Other
    $552
    Deferred
    $21,350
    Nontaxable benefits
    $1,041
    Filer's total
    $435,908

  • John Rossi

    VP

    Total calculated
    $420,540
    From this org
    $0
    From related orgs
    $361,227
    Other
    $59,313
    Hours/week
    30 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $274,246 related
    Bonus
    $0 + $86,349 related
    Other
    $0 + $632 related
    Deferred
    $0 + $21,350 related
    Nontaxable benefits
    $0 + $37,963 related
    Filer's total
    $0 + $420,540 related

  • Teresa Fuller

    VP

    Total calculated
    $400,079
    From this org
    $0
    From related orgs
    $348,035
    Other
    $52,044
    Hours/week
    30 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $270,985 related
    Bonus
    $0 + $76,420 related
    Other
    $0 + $630 related
    Deferred
    $0 + $21,350 related
    Nontaxable benefits
    $0 + $30,694 related
    Filer's total
    $0 + $400,079 related

  • Melissa Lanza

    Registered Nurse

    Total calculated
    $357,305
    From this org
    $304,690
    From related orgs
    $0
    Other
    $52,615
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $223,762
    Bonus
    $80,690
    Other
    $238
    Deferred
    $21,350
    Nontaxable benefits
    $31,265
    Filer's total
    $357,305

  • Deborah Lee

    VP

    Total calculated
    $338,660
    From this org
    $0
    From related orgs
    $279,649
    Other
    $59,011
    Hours/week
    30 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $214,434 related
    Bonus
    $0 + $63,084 related
    Other
    $0 + $2,131 related
    Deferred
    $0 + $19,601 related
    Nontaxable benefits
    $0 + $39,410 related
    Filer's total
    $0 + $338,660 related

  • Maureen Gethings

    Dir Perioperative Svcs

    Total calculated
    $287,032
    From this org
    $258,388
    From related orgs
    $0
    Other
    $28,644
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $226,554
    Bonus
    $24,438
    Other
    $7,396
    Deferred
    $18,294
    Nontaxable benefits
    $10,350
    Filer's total
    $287,032

  • William Hoey

    VP

    Total calculated
    $275,551
    From this org
    $238,204
    From related orgs
    $0
    Other
    $37,347
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $190,013
    Bonus
    $41,593
    Other
    $6,598
    Deferred
    $16,730
    Nontaxable benefits
    $20,617
    Filer's total
    $275,551

  • Vesta Maignan

    Registered Nurse

    Total calculated
    $271,211
    From this org
    $225,893
    From related orgs
    $0
    Other
    $45,318
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $180,946
    Bonus
    $40,600
    Other
    $4,347
    Deferred
    $16,389
    Nontaxable benefits
    $28,929
    Filer's total
    $271,211

  • Qinghui Zhang

    RadiationOncology Physicist III

    Total calculated
    $270,314
    From this org
    $224,380
    From related orgs
    $0
    Other
    $45,934
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $222,809
    Bonus
    $600
    Other
    $971
    Deferred
    $16,702
    Nontaxable benefits
    $29,232
    Filer's total
    $270,314

  • Chenese Nicholas MD

    Director Clinical Operations

    Total calculated
    $261,899
    From this org
    $228,753
    From related orgs
    $0
    Other
    $33,146
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $200,753
    Bonus
    $23,294
    Other
    $4,706
    Deferred
    $10,968
    Nontaxable benefits
    $22,178
    Filer's total
    $261,899

  • Robert Brown MD

    Former Highest Compensated Employee

    Total calculated
    $202,556
    From this org
    $187,527
    From related orgs
    $0
    Other
    $15,029
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $186,081
    Bonus
    $350
    Other
    $1,096
    Deferred
    $13,110
    Nontaxable benefits
    $1,919
    Filer's total
    $202,556

  • Carol Birks

    Director

    Total calculated
    $0
    Hours/week
    2

  • Robin Cautin

    Director

    Total calculated
    $0
    Hours/week
    2

  • Peter Cimino MD

    Director

    Total calculated
    $0
    Hours/week
    2

  • Douglass Grabe

    Director

    Total calculated
    $0
    Hours/week
    2

  • Rahul Gupta MD

    Director

    Total calculated
    $0
    Hours/week
    2

  • Debra Liebowitz

    Director

    Total calculated
    $0
    Hours/week
    2

  • Jane Manning

    Director

    Total calculated
    $0
    Hours/week
    2

  • Dara Richards MD

    Director

    Total calculated
    $0
    Hours/week
    2

  • Lucy Teixeira

    Director

    Total calculated
    $0
    Hours/week
    2

  • Strick Woods MD

    Director

    Total calculated
    $0
    Hours/week
    2

  • George Estrada

    Chair

    Total calculated
    $0
    Hours/week
    3

  • Deacon Patrick Toole

    Vice Chair

    Total calculated
    $0
    Hours/week
    3

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

  • 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 3
The Independent Executive Compensation Committee (Committee) of the Board of Directors of Hartford HealthCare on behalf of SVMC Holdings, Inc., hires an outside consultant, Human Resources and Compensation Consulting Practice of Gallagher, to determine best practices in governing executive compensation. Please refer to compensation narrative reported on Schedule O.
Part I, Lines 4a-b
Hartford Healthcare Corporation, a related organization, maintains a 457(f) Supplemental Executive Retirement Plan (SERP). Participants include certain officers and key employees at the President & CEO, Executive Vice President and Senior Vice President levels that are reported by SVMC Holdings, Inc. on its Form 990, Part VII. Contributions are made by Hartford HealthCare Corporation to the plan based on a percentage of the participant's compensation. Participants vest in the plan at the earlier of reaching age 55 and having 5 years of service, death, disability, involuntary separation without reasonable cause, upon reaching age 65 or the occurence of a change in control. Each participant ceases to be eligible for further contributions by Hartford HealthCare Corporation on the date of the participant's separation from service. Participants receive a one-time lump sum payment of the accumulated amount during the 30-day period following the participant's separation from service. In 2022, Dale Danowski (Former Key Employee) received a lump sum severance payment in the amount of $435,161. 2022 SERP Accruals were made on behalf of the following individuals: Michael Daglio $109,422 William Jennings $114,604 2022 SERP Payout was made on behalf of the following individual: Vincent DiBattista $10,631
Part I, Line 7
Hartford HealthCare Corporation, a related organization, has a Compensation At Risk Plan that encourages and rewards achievements of significant functional goals. These goals contribute to the organization's strategic and financial direction. The plan utilizes market practice alignment to ensure competitive recruitment and retention. Awards are based on CEO and/or Hartford HealthCare Corporation's Compensation Committee discretionary assessment of overall organization performance and individual contribution to results.

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

  • Southwest Community Health Center Inc

    $777,764

    Southwest Community Health Center Inc. is dedicated to providing high quality, accessible medical, dental and behavioral health services to individuals and families, in the Greater Bridgeport area, especially the uninsured, who reside in the medically underserved Southwest Bridgeport community.

  • Connecticut Cancer Foundation Inc

    $100,000

    The Connecticut Cancer Foundation is committed to reducing the burden of cancer for Connecticut cancer patients and their families. They provide direct financial assistance to Connecticut cancer patients for everyday living expenses such as rent, mortgage, utilities, car payments, medical co-pays, food, medications and more.

  • Discovery Museum Inc

    $17,500

    The Discovery Museum is an educational organization which seeks to connect audiences of all ages with Science, Technology, Engineering, Arts and Mathematics (STEAM) learning.

  • Connecticut Zoological Society

    $6,930

    The Connecticut's Beardsley Zoo mission is dedicated to acquainting a diverse public to the delicate balance that exists between living things and their environment. Animal exhibits, plantings, graphics and Zoo programs are represented to give the visitor a sense of awareness and concern for the intricate beauty and fragility of our planet.

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.

Disregarded entities

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

Related partnerships

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

  • Advanced Medical Imaging of NW CT LLC

    Magnetic Resonance Imaging · CT

  • Ambulance Service of Manchester LLC

    Ambulatory Service · CT

  • Central Connecticut Endoscopy Center

    Endoscopy Svcs · CT

  • Connecticut Imaging Partners LLC

    Imaging Services · CT

  • Connecticut Orthopaedic Surgery Center LLC

    Surgery Svcs · CT

  • Connecticut Proton Therapy Center LLC

    Proton Therapy Services · CT

  • Constitution Surgery Center East LLC

    Surgery Svcs · CT

  • CT GI Endoscopy Center LLC ( Bloomfield)

    GI Services · CT

  • Glastonbury Endoscopy Center LLC

    Endoscopy Svcs · CT

  • Glastonbury Surgery Center LLC

    Surgery Svcs · CT

  • Hartford-Middlesex Clinical System LLC

    Affiliate Support Services · CT

  • HHC Hartford Surgery Center LLC

    Surgery Svcs · CT

  • HHC Southington Surgery Center LLC

    Surgery Svcs · CT

  • Hartford HealthCare-GoHealth Urgent Care LLC

    Urgent Care Services · DE

  • Med East Assoc LLC

    Outpatient Care Clinic · CT

  • New Britain MRI Limited Partnership

    Magnetic resonance imaging · CT

  • Rocky Hill Surgery Center LLC

    Surgery Svcs · CT

  • The Endoscopy Center of Northwest Connecticut LLC

    Endoscopy Svcs · CT

  • Wallingford Endoscopy Center LLC

    Endoscopy Svcs · CT

Related corporations and trusts

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

  • Aetna Ambulance Service Inc

    C · Ambulance Services · CT · controlled entity

  • American Ambulance Services Inc

    S · Ambulance Services · CT · controlled entity

  • American Professional Educational Services Inc

    S · Educational Services · CT · controlled entity

  • Backus Medical Center Condo Assoc Inc

    C · Condo Association · CT · controlled entity

  • CenConn Services Inc

    C · Billing Services · CT · controlled entity

  • ConnCare Inc

    C · Health Care Services · CT · controlled entity

  • HHMOB Corporation

    C · Real Estate & Parking · CT · controlled entity

  • Hartford HealthCare Indemnity Services Ltd

    C · Captive Insurance · BD · controlled entity

  • Hartford Physician Services PC

    C · Medical Services · CT · controlled entity

  • Hunter's Ambulance Service Inc

    S · Ambulance Services · CT · controlled entity

  • Meriden Imaging Center Inc

    S · Imaging · CT · controlled entity

  • Metro Wheelchair Service Inc

    C · Wheelchair Services · CT · controlled entity

  • The Cancer Care Fund Of The Litchfield Hills Inc

    C · Cancer Care Fund · CT · controlled entity

  • Windham Professional Office Condo Assoc

    C · Condo Association · CT · controlled entity

  • WWB Corporation

    C · Holding Company · CT · controlled entity

Provenance

Return type
form_990
Tax year
2022
Filed
14 August 2024
IRS schema version
2022v5.0
Source object
202422279349302497

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