Elliot Health System

Overview

Mission

Elliot Health System is dedicated to providing innovative, life-changing and life-saving healthcare every day to every individual. Read Our 2025 Annual ReportRead Our 2025 Community Benefit Report Ways to Give As a non-profit healthcare system, Elliot Health System relies on the generosity of the community to help support programs, improvements, advocacy, and education. Elliot is dedicated to fostering a culture of philanthropy where forward-thinking donors have an opportunity to see their generosity in action – truly embodying our mission to inspire, heal, and serve. As a non-profit healthcare system, Elliot Health System relies on the generosity of the community to help support programs, improvements, advocacy, and education. Elliot is dedicated to fostering a culture of philanthropy where forward-thinking donors have an opportunity to see their generosity in action – truly...

What it reported doing in 2024

The Hospital provides grants to various organizations to advance public health, wellness, and the quality of life of its community at large.Major contributions include grants and gifts to other community organizations, as well as scholarships and tuition assistance payments for individuals pursuing careers and education in healthcare services.

Operating model

Revenue model
Earned-program. 98% of the money available for current operations came from fees and other program 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
020232673
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Headquarters
Manchester, NH, USA
Phone
6036632033
Rating
72
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. The filing reports few safeguards for money sent abroad and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 74
  • Accountability: 87
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.2%; rating input score 63
  • Program expense ratio: 74%; rating input score 74
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 75%; rating input score 75; 16th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 77.3%; rating input score 77; 24th 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: 14%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 1.2; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.42; rating input score 42; 42nd percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 79; 79th percentile among comparable filings

Growth

  • Program expense growth: 4.9% per year; rating input score 100; 40th percentile among comparable filings
  • Revenue growth: 5.8% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: 6% per year; rating input score 100; 44th percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 63.2% of revenue deployed · 74% of spending went to programs
  • Governance: 17 of 22 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $514.6M in reported program spending
  • Leadership: top reported pay $2M · 30 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $16.1M reported
  • Consistency: 40 of 41 current checks pass · 1 finding to review
  • Schedules: 11 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
  • Filing history: 16 annual filings from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 18 filed money-flow records
  • Related organizations: 29 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

30 people listed

Highest reported compensation

  • Bradley Kreick (Former SH President & CEO): $2,009,281 total reported compensation
  • William G Baxter (President & CEO): $1,581,095 total reported compensation
  • John E Friberg Esq (Interim CEO, SolutionHealth): $1,200,857 total reported compensation

Source: IRS Form 990. Selected filing: FY2024.