Program areas at Valley Regional Hospital
Valley Regional Hospital is a provider of health services with facilities in the Claremont, NH area. The Hospital grants credit to patients, substantially all of whom are local residents.The Hospital also provides care to patients who meet certain criteria under its Financial Assistance policy without charge or at amounts less than its established rates. The Hospital does not pursue collection of amounts determined to qualify as financially-assisted care.The Hospital maintains records to identify and monitor the level of financially-assisted care it provides. For the year ending September 30, 2023 charges forgone for services and supplies furnished under the charity care policy were approximately $511,000. The estimated cost of those services and supplies was approximately $318,000.In addition, the Hospital provides a number of other services to benefit certain poor and elderly patients. Medicaid and state programs do not cover the full cost of the Hospital incurred cost of providingmedical care to patients. The hospital provides services to residents throughout the region. Those services include health evaluations, screenings, and flu vaccine administration at community events and in the workplace. Health education, wellness, chronic disease management, fitness, and ergonomic programs are also widely offered. For these services, and many other community services, the hospital receives little or no payment.Other community benefits can't be quantified or assigned a value. For example, the hospital provides committee and board participants and expertise to address community needs; to support community health initiatives; to advocate for and support individuals who are socially, economically and physically challenged; and to collaborate with the local public safety organizations.
Who funds Valley Regional Hospital
Grants from foundations and other nonprofits
Financials for Valley Regional Hospital
| Revenues | FYE 09/2023 | FYE 09/2022 | % Change |
|---|
| Total grants, contributions, etc. | $481,992 | $2,693,251 | -82.1% |
| Program services | $63,971,940 | $55,397,090 | 15.5% |
| Investment income and dividends | $1,035,580 | $735,947 | 40.7% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $13,727 | $90,130 | -84.8% |
| Net gain from sale of non-inventory assets | $-71,439 | $3,155,522 | -102.3% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $65,431,800 | $62,071,940 | 5.4% |
Organizations like Valley Regional Hospital
| Organization | Type | Location | Revenue |
|---|
| Rutland Regional Medical Center (RRMC) | 501(c)(3) | Rutland, VT | $324,335,651 |
| St John's Riverside Hospital | 501(c)(3) | Yonkers, NY | $314,133,493 |
| The Good Samaritan Hospital of Lebanon Pennsylvania | 501(c)(3) | York, PA | $324,702,509 |
| WellSpan Ephrata Community Hospital | 501(c)(3) | York, PA | $310,055,569 |
| Speare Memorial Hospital | 501(c)(3) | Plymouth, NH | $78,762,729 |
| Milford Regional Medical Center | 501(c)(3) | Milford, MA | $296,685,780 |
| Central Vermont Medical Center (CVMC) | 501(c)(3) | Berlin, VT | $274,059,874 |
| Mt Ascutney Hospital and Health Center | 501(c)(3) | Windsor, VT | $71,808,034 |
| Geisinger Health | 501(c)(3) | Danville, PA | $49,474,038 |
| The Memorial Hospital at North Conway NH | 501(c)(3) | North Conway, NH | $113,533,022 |
Data update history
September 22, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingState / local levelReceives government fundingEndowed supportFundraising races, competitions, and tournamentsTax deductible donations
General information
- Address
- 243 Elm St
- Claremont, NH 03743
- County
- Sullivan County, NH
- Phone
- (603) 542-7771
IRS details
- EIN
- 02-0222118
- Fiscal year end
- September
- Taxreturn type
- Form 990
- Year formed
- 1893
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- E22: Hospital, General
- NAICS code, primary
- 622: Hospitals
- Parent/child status
- Central organization
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