Stamford Health
Legal name: The Stamford Hospital
Nonprofit profile at a glance
- EIN
- 060646917
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Stamford, CT, USA
- Phone
- 2032761000
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Hospital, General
Reported finances
- Revenue
- $908,887,549
- Expenses
- $922,289,174
- Assets
- $1,324,795,439
- Liabilities
- $758,582,122
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- KATHLEEN SILARD (PRESIDENT & CEO)
Highest reported compensation
- KATHLEEN SILARD (PRESIDENT & CEO): $2,305,770 total reported compensation
- DAVID YUH MD (PHYSICIAN): $1,243,196 total reported compensation
- MICHAEL VEILLETTE (SR. VP FINANCE CFO): $1,062,385 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Vision:_ Stamford Health is reimagining healing in every way, distinguishing ourselves as the most trusted healthcare partner for the communities we serve. _Values:_ Teamwork: Work together, share common goals, support each other. Teamwork: Work together, share common goals, support each other Compassion: Put patients first, be understanding, have pride, show empathy Integrity: Advocate, model ethics, inspire trust and maintain high standards. Mission, Vision & Values _Mission:_ Together with our physicians, we provide a broad range of high-quality health and wellness services focused on the needs of our communities. _.
What it reported doing in 2024
Key operating statistics for the year ended 9/30/2025 include: adult and pediatric inpatients cared for and discharged 15,921; babies born 2,205; total inpatient days of care provided 80,212; patients seeking care in the stamford hospital emergency room: admitted for inpatient treatment 9,116; treated and released 54,817; treated at tully immediate care center 26,352; surgeries performed at the hospital and tully center 14,073; radiology procedures performed 275,740.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 93
- Accountability: 77
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84%; rating input score 84
- Program expense ratio: 82.6%; rating input score 83
- Fundraising efficiency: $3.06 raised per $1 spent on fundraising; rating input score 11; 11th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 25th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Pass
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 97.4%; rating input score 97; 32nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 60%; rating input score 60; 16th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- 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: -1.5%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 1.44; rating input score 52; 52nd percentile among comparable filings
- Liabilities to assets ratio: 0.57; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 1.1%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 6.3% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 5.4% per year; rating input score 100; 39th percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 84% of revenue deployed · 82.6% of spending went to programs
- Governance: 9 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $762.3M in reported program spending
- Leadership: top reported pay $2.3M · 24 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $37.3M reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 12 filed schedules · includes major donors, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 11 filed money-flow records
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 11/100.
- High — Sustainability: Operating margin scored 21/100.
- Review — Sustainability: Total-asset coverage ratio scored 52/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.