The New London Hospital Association Inc
Nonprofit profile at a glance
- EIN
- 020222171
- IRS 990 coverage
- 2009–2025
- Forms available
- Form 990 2025, Form 990-T 2025
- Location
- New London, NH, USA
- Phone
- 6035262911
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Hospital, General
Reported finances
- Revenue
- $29,322,959
- Expenses
- $26,446,192
- Assets
- $151,061,903
- Liabilities
- $59,343,444
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- LAUREN GEDDES WIRTH MD (TRUSTEE/PRESIDENT/CEO-INTERIM EX-OFFICIO)
- LISA RUBENBERG (TRUSTEE/MEDICAL STAFF PRESIDENT)
People named in this filing
- JANE RASTALLIS (TRUSTEE / SECRETARY)
- JOHN HOLLINGER (TRUSTEE/CHAIR)
- KAREN BONEWALD (TRUSTEE / TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the new london hospital association is to continually improve the wellbeing of individuals in our region by providing high-quality healthcare to our communities.
What it reported doing in 2025
New london hospital association, inc. (nlha) is the principal provider of primary and secondary health care for 15 towns in sullivan and merrimack counties in New Hampshire. The hospital provides acute and primary health care - from emergency services to family medical practice to surgical care and essential wellness and prevention services for the 33,000 residents in its service area, a significant portion of whom are uninsured, under-insured, and/or dependent on medicaid/medicare benefits. This includes a largely elderly population and a significant number of rural, low-income families. (continued on schedule o)
Operating model
- Revenue model
- Other-operating. 98% of the money available for current operations came from other operating 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 70
- Transparency & Controls: 96
- Accountability: 78
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.4%; rating input score 74
- Program expense ratio: 82.3%; rating input score 82
- Fundraising efficiency: $5.79 raised per $1 spent on fundraising; rating input score 17; 17th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 23rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 61.9%; rating input score 62; 9th percentile among comparable filings
- Governance controls: 7 of 7 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 9.8%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 5.71; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 33; 33rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings
Growth
- Program expense growth: 2.4% per year; rating input score 100; 20th percentile among comparable filings
- Revenue growth: 2.4% per year; rating input score 100; 17th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 43rd percentile among comparable filings
Details
- Where the money goes: 74.4% of revenue deployed · 82.3% of spending went to programs
- Governance: 13 of 21 board members independent · 7 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $21.8M in reported program spending
- Leadership: top reported pay $0 · 22 people listed
- Consistency: 35 of 36 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors and grants
- Filing history: 16 filing years from 2009 to 2025
- Contacts: How to reach this organization
- Related organizations: 9 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 17/100.
- Review — Sustainability: Operating margin scored 57/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 33/100.