Cooley Dickinson Health Care Corp

Overview

Mission

Fundraising to support identified priorities of Cooley Dickinson Hospital and VNA & Hospice of Cooley Dickinson.

What it reported doing in 2012

Cooley Dickinson Health Care Corporation supports Cooley Dickinson Hospital's goal to become a model community hospital, providing our patients and communities with the best health care in the most appropriate setting by implementing best practices and providing compassionate, personalized care to our patients. Cooley Dickinson Health Care Corporation solicits funds from a wide variety of sources, including individuals, businesses, and private foundations. Cooley Dickinson Health Care Corporation is organized to support the advancement of the knowledge and practice of medicine, surgery, nursing, and all other programs and services related to the care, treatment, and health of Cooley Dickinson Hospital inpatients and outpatients and the health of the community. Cooley Dickinson Health Care Corporation operates exclusively for the benefit of Cooley Dickinson Hospital and VNA & Hospice of Cooley Dickinson Inc.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
  • Includes noncash contributions: Reported contributions include donated property or goods.

Nonprofit profile at a glance

EIN
042103561
IRS 990 coverage
2009–2012
Forms available
Form 990 2012
Headquarters
Northampton, MA, USA
Phone
4135822064
Rating confidence
Limited
Sector
Community Health Systems

The verdict

- This form does not report enough financial and governance detail to rate the organization. That is normal for this form and is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 65
  • Accountability: 63
  • Sustainability: 81
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 60th 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Scored; rating input score 0

Accountability

  • Independent voting board: 51.9%; rating input score 52; 10th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 45.9%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 14.54; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 89%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -16.3% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 15.4% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 14 of 27 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $2.2M · 29 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 41 of 41 current checks pass
  • Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 4 annual filings from 2009 to 2012
  • Money network: 1 filed money-flow record
  • Related organizations: 53 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

29 people listed

Source: IRS Form 990. Selected filing: FY2012.