Morrison Hospital Association

Nonprofit profile at a glance

EIN
020262504
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Whitefield, NH, USA
Phone
6038372541
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Nursing, Convalescent Facilities

Official website

Reported finances

Revenue
$11,746,243
Expenses
$12,998,484
Assets
$26,090,584
Liabilities
$26,226,794

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • BRIAN FOGG (PRESIDENT)
  • DAPHNE CASSADY (VICE PRESIDENT)
  • SHANNON LYNCH (EXECUTIVE DIRECTOR)
  • STEPHANIE IRWIN (EXECUTIVE DIRECTOR (THROUGH DEC 2024))

Highest reported compensation

  • SHANNON LYNCH (EXECUTIVE DIRECTOR): $197,486 total reported compensation
  • SARAL DAVIS (THERAPY DIRECTOR): $140,702 total reported compensation
  • TRAVIS LEBRUN (OPERATIONS DIRECTOR): $123,648 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To service northern New Hampshire and Vermont in provided nursing care, assisted living, independent living and other medical care. The morrison communities is a caring and compassionate resident centered organization that extends our charitable commitment to the greater community. We commit to empowering our residents, their loved ones and our staff to achieving their optimal well-being in a quality home-like setting, expressed by mutual respect and trust.in addition to the above, the morrison provides community health education, clinical settings for undergraduate training and scholarships to local schools for health professions education. The morrison allows local nonprofits including the chamber of commerce, leadership and teaching groups to use their conference rooms at no cost.

What it reported doing in 2024

Built on the morrison's sterling reputation of commitment to excellence, summit by morrison is a first-of-its-kind senior living community in the heart of New Hampshire's white mountains region. Unlike any other, our community offers multiple living options for seniors who wish to move to or continue living in the nh's white mountains region: 14 independent living cottages, 33 independent living apartments, 24 assisted living apartments and 12 apartments for residents who may need memory care. Summit by morrison promotes senior lifestyle choices that enhance well-being through community, autonomy and proximity to family and friends.summit recognizes that the need for life enrichment opportunities extends beyond the walls of summit itself and to the greater community of whitefield and the north country. Many of our residents have ties to coos county and have spent their lives working and serving the area they love and call home. It is our desire as an organization to continue their legacy of service and caring by sharing our resources. Our auditorium and lounge are open to community usage for all nonprofits and community groups. Currently, we have shared our space or booked for future events with the sau 36's system of care team, the whitefield elementary school (we hosted a winter program elective group and have hosted a kindergarten class for trick-or-treating, a christmas visit with santa and valentine card exchange), the whitefield library, whitefield historical society, a local quilting group, and a regional relay for life group. Many of the events we host are open to the public as well. Examples include poetry readings, concerts, family movie matinees, squam lakes live animal outreach program and our weekly exercise classes. Summit has also participated in community events, such as whitefield's community day where we provided food, music and games for children and adults.

Operating model

Revenue model
Earned-program. 96% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.2%; rating input score 91
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • 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: -10.7%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 2.01; rating input score 62; 62nd percentile among comparable filings
  • Liabilities to assets ratio: 1.01; rating input score 6; 6th percentile among comparable filings
  • Officer compensation ratio: 5.2%; rating input score 49; 49th percentile among comparable filings

Growth

  • Program expense growth: 8.8% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 20th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.2% of spending went to programs
  • Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $11.9M in reported program spending
  • Leadership: top reported pay $197K · 14 people listed · 1 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $427K reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 5 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • 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 — Sustainability: Operating margin scored 9/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • High — Sustainability: Liabilities to assets ratio scored 6/100.
  • Moderate — Sustainability: Officer compensation ratio scored 49/100.