Bridgeport Hospital and Healthcare Services Inc
Nonprofit profile at a glance
- EIN
- 061066729
- IRS 990 coverage
- 2010–2012
- Forms available
- Form 990 2012
- Location
- Bridgeport, CT, USA
- Phone
- 2036886679
- Rating confidence
- Limited
- Sector
- Health Support Services
Reported finances
- Revenue
- $132,727
- Expenses
- $234,530
- Assets
- $3,805,396
- Liabilities
- $7,556,829
Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
32 people listed
Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Health care management
What it reported doing in 2012
Schedule 0bridgeport hospital and healthcare services includes the entities of bridgeport hospital, southern ct health system properties and the bridgeport hospital foundation, inc. Bridgeport hospital, founded in 1878, is a 383-bed urban teaching hospital serving nearly 18,500 inpatients and more than 240,000 outpatient encounters in 2013. A member of the yale new haven health system since 1996, bridgeport hospital is the site of the Connecticut burn center; the joel e. Smilow heart institute the norma f. Pfriem cancer institute and breast care center, the women's care center, center for wound healing & hyperbaric medicine, and ahlbin centers for rehabilitation medicine. Bridgeport hospital is also home to the second inpatient campus of yale-new haven children's hospital.during fiscal year 2013, bridgeport hospital provided approximately $71.8 million dollars in community benefits. This figure includes $47.3 million dollars in charity care (at cost) and under reimbursed medicaid (at cost), $19.5 million in health professions education, and over $4.9 million in community health improvement and education activities, subsidized services, research and in-kind contributions to community groups. An additional $91,000 dollars was provided in the area of community building activities, which included support for economic development, environmental improvements, workforce development, advocacy and coalition building. Bridgeport hospital has invested a significant amount of time and resources in the development and implementation of public health projects to improve health and increase access.with donors contributing over $8.0 million, the bridgeport hospital foundation had a successful year. In may, the 10th annual bridgeport hospital home run 5k walk and road race attracted a record 700 plus participants with more than $18,000 in proceeds to support the joel e. Smilow heart institute at bridgeport hospital. The norma f. Pfriem breast care centers 14th annual rose of hope luncheon attracted more than 560 people and raised a record net $342,000 to support the breast care centers programs for women in need.
Operating model
- Revenue model
- Earned-program. 87% of the money available for current operations came from fees and other program revenue.
- 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.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 60
- Accountability: 78
- Sustainability: 29
- Growth: 0
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: Limited
- Related-party transparency: Scored; rating input score 0
Accountability
- Independent voting board: 77.8%; rating input score 78; 19th 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: -76.7%; rating input score 3; 3rd percentile among comparable filings
- Total-asset coverage ratio: 16.23; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 1.99; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 628.1%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -26.8% per year; rating input score 0; 8th percentile among comparable filings
- Asset growth: -34.7% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 14 of 18 board members independent · 7 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $57K in reported program spending
- Leadership: top reported pay $1.3M · 32 people listed · 0 of 6 pay-setting controls reported
- Consistency: 12 of 12 current checks pass
- Schedules: 6 filed schedules · includes executive pay and related organizations
- Filing history: 3 filing years from 2010 to 2012
- Related organizations: 39 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 3/100.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.