Bristol Hospital and Health Care Group

Nonprofit profile at a glance

EIN
222577726
IRS 990 coverage
2009–2023
Forms available
Form 990 2023
Location
Bristol, CT, USA
Phone
8605853000
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Reported finances

Revenue
$4,587,801
Expenses
$6,029,618
Assets
$-34,740,595
Liabilities
$4,605,595

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • KURT BARWIS (PRESIDENT, CEO & CFO)
  • CHRIS ANN MEANEY (SVP, PRESIDENT, BHMG)
  • CHRISTINE LAPRISE (VICE PRESIDENT, OPERATIONS)
  • JENNY CINQUEMANI (ASST. VICE PRESIDENT & CNO)

Highest reported compensation

  • KURT BARWIS (PRESIDENT, CEO & CFO): $687,770 total reported compensation
  • ANDREW LIM MD (MEDICAL DIRECTOR): $436,305 total reported compensation
  • CHRIS ANN MEANEY (SVP, PRESIDENT, BHMG): $331,607 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Bristol hospital and health care group is committed to enhancing the health and well-being of our community. We will provide safe, quality care and services to our patients through our continuum of services and health promotion. We will collaborate with health professionals and other organizations as advocates for our community. We will provide the opportunity for growth to our medical staff and employees in an environment where each individual is respected and valued.

What it reported doing in 2023

Healthcare parent company for bristol hospital, inc., bristol hospital multispecialty group, inc., bristol health care, inc., bristol hospital development foundation, inc., bristol hospital ems, llc, bristol home care and hospice agency, inc., and bristol health pharmacy, llc. Bristol health opened a retail pharmacy in fy 2021 to provide a more convenient access for prescription and over the counter drugs to our patients.

Operating model

Revenue model
Earned-program. 100% 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.

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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 67
  • Accountability: 87
  • Sustainability: 11
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.8%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Yes; rating input score 100

Accountability

  • Independent voting board: 92.9%; rating input score 93; 23rd 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: -31.4%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: -5.76; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 1.6%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 42.9% per year; rating input score 100; 96th percentile among comparable filings
  • Revenue growth: 33.6% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: -24.8% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.8% of spending went to programs
  • Governance: 13 of 14 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6M in reported program spending
  • Leadership: top reported pay $688K · 19 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 21 of 21 current checks pass
  • Schedules: 5 filed schedules · includes executive pay and related organizations
  • Filing history: 15 filing years from 2009 to 2023
  • Contacts: How to reach this organization
  • Related organizations: 6 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 — Sustainability: Operating margin scored 4/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.