Weeks Medical Center

Overview

Mission

Weeks medical center's compassionate staff is committed to providing high quality and efficient health care services to ensure the well-being of our patients, families and communities.

What it reported doing in 2023

Health care services to individuals in the surrounding region on an inpatient & outpatient basis, which includes hospital services as well as physician office services.

Operating model

Revenue model
Other-operating. 95% of the money available for current operations came from other operating revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
020222242
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Headquarters
Lancaster, NH, USA
Phone
6037884911
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Hospital, General

Official website

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 61
  • Accountability: 87
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.5%; rating input score 78
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 12th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 40.5%; rating input score 40; 9th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 77.8%; rating input score 78; 26th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.5%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 62; 62nd percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 22; 22nd percentile among comparable filings

Growth

  • Program expense growth: 8.1% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 6.4% per year; rating input score 100; 57th percentile among comparable filings
  • Asset growth: 5.7% per year; rating input score 100; 42nd percentile among comparable filings

Details

  • Where the money goes: 78.5% of revenue deployed · 80% of spending went to programs
  • Governance: 7 of 9 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $74.5M in reported program spending
  • Leadership: top reported pay $725K · 23 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $5M reported
  • Consistency: 33 of 34 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 15 annual filings from 2009 to 2023
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 9 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

23 people listed

Highest reported compensation

  • THOMAS MEE (SYSTEM CEO): $724,548 total reported compensation
  • MARK MORGAN MD (CMO): $640,489 total reported compensation
  • PROUSKEH EBRAHIMPOUR (PHYSICIAN): $599,124 total reported compensation

Source: IRS Form 990. Selected filing: FY2023.