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Nonprofiteer
← NEWPORT HOSPITAL FOUNDATION INC

Form 990 for tax year 2023

Filed by NEWPORT HOSPITAL FOUNDATION INC.

Totals

Total revenue
$17,246,563
Total expenses
$8,196,819
Contributions and grants received
$5,541,054
Grants paid
$6,631,221
Program service revenue
$0
Investment income
$11,628,512
Other revenue
$76,997
Total assets, end of year
$133,079,352
Total liabilities, end of year
$159,792
Net assets or fund balances, end of year
$132,919,560
Program services expenses (Part IX)
$6,631,221
Management and general expenses
$383,866
Fundraising expenses
$1,181,732
Program service expenses (Part III)
$6,631,221

Program services were 80.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Peter K Markell

    EVP & CFO

    Total calculated
    $1,212,570
    From this org
    $0
    From related orgs
    $1,193,642
    Other
    $18,928
    Hours/week
    0.1 + 49.9 related

    Schedule J breakdown matched by us

    Base
    not reported + $883,350 related
    Bonus
    not reported + $186,333 related
    Other
    not reported + $123,959 related
    Deferred
    not reported
    Nontaxable benefits
    not reported + $18,928 related
    Filer's total
    not reported + $1,212,570 related
  • Crista F Durand

    President- 9/24

    Total calculated
    $709,857
    From this org
    $0
    From related orgs
    $591,433
    Other
    $118,424
    Hours/week
    10 + 55 related

    Schedule J breakdown matched by us

    Base
    not reported + $427,588 related
    Bonus
    not reported + $72,605 related
    Other
    not reported + $91,240 related
    Deferred
    not reported + $88,561 related
    Nontaxable benefits
    not reported + $29,863 related
    Filer's total
    not reported + $709,857 related
  • Jeffrey T Gaines MD

    Trustee

    Total calculated
    $528,465
    From this org
    $0
    From related orgs
    $442,719
    Other
    $85,746
    Hours/week
    2 + 41 related

    Schedule J breakdown matched by us

    Base
    not reported + $343,816 related
    Bonus
    not reported + $46,730 related
    Other
    not reported + $52,173 related
    Deferred
    not reported + $55,913 related
    Nontaxable benefits
    not reported + $29,833 related
    Filer's total
    not reported + $528,465 related
  • Orla M Brandos DNPMBAMSN

    Trustee- 9/24

    Total calculated
    $394,640
    From this org
    $0
    From related orgs
    $332,004
    Other
    $62,636
    Hours/week
    1 + 60 related

    Schedule J breakdown matched by us

    Base
    not reported + $256,753 related
    Bonus
    not reported + $34,862 related
    Other
    not reported + $40,389 related
    Deferred
    not reported + $41,708 related
    Nontaxable benefits
    not reported + $20,928 related
    Filer's total
    not reported + $394,640 related
  • Arthur J Sampson

    Trustee

    Total calculated
    $87,962
    From this org
    $0
    From related orgs
    $87,962
    Other
    $0
    Hours/week
    2 + 6 related
  • Gail Alofsin

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • M Therese Antone Sr

    Trustee- 12/23

    Total calculated
    $0
    Hours/week
    0
  • Holly Bannister MD

    Trustee- 12/23

    Total calculated
    $0
    Hours/week
    0
  • Carol R Bazarsky

    Chairperson

    Total calculated
    $0
    Hours/week
    2
  • John Brooks

    Trustee

    Total calculated
    $0
    Hours/week
    0.5
  • Peter Capodilupo

    Trustee-12/23

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • Edward D Feldstein

    Trustee

    Total calculated
    $0
    Hours/week
    0.2 + 2.9 related
  • Rita B Gewirz

    Trustee

    Total calculated
    $0
    Hours/week
    0.5
  • Susan Hill

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Anne F Hamilton

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Victoria Johnson

    Secretary

    Total calculated
    $0
    Hours/week
    1
  • Patricia N Kidder

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Elizabeth W Leatherman

    Trustee

    Total calculated
    $0
    Hours/week
    0.25
  • Paul A Leys

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Thomas E McGue MD

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Ann Mencoff

    Trustee

    Total calculated
    $0
    Hours/week
    1
  • Jonathan H Pardee

    Trustee

    Total calculated
    $0
    Hours/week
    3
  • James A Purviance

    Trustee- 12/23

    Total calculated
    $0
    Hours/week
    0
  • Isabella G Ridall

    Trustee

    Total calculated
    $0
    Hours/week
    2
  • Sarah Schochet-Henken

    Trustee

    Total calculated
    $0
    Hours/week
    0.5
  • Nancy D Schreiber MD

    Trustee

    Total calculated
    $0
    Hours/week
    0
  • Barbara van Beuren

    Vice Chair

    Total calculated
    $0
    Hours/week
    0.5
  • Sharon Wood Prince

    Trustee

    Total calculated
    $0
    Hours/week
    0

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

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 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
2023
Filed
14 August 2025
IRS schema version
2023v6.0
Source object
202502269349302400

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