Trinity Health Of New England Corporation Inc
- Assets
- $683.7m
- Revenue
- $237.3m
- Investments
- $0.0
- Employees
- 8,893
- Location
- Hartford, CT
- Founding
- 03/1946
- Data as of
- 09/2021
- EIN
- 06-1491191
Organization Overview
Trinity Health Of New England Corporation Inc is located in Hartford, CT. The organization was established in 1946. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2021, Trinity Health Of New England Corporation Inc employed 8,893 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Trinity Health Of New England Corporation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2017, Trinity Health Of New England Corporation Inc has awarded 151 individual grants totaling $4,231,698. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HEALTH CARE SYSTEM MANAGEMENT AND SUPPORT
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZED IN 1997, TRINITY HEALTH OF NEW ENGLAND IS LOCATED IN HARTFORD, CT AND IS THE SOLE MEMBER OF FIVE NONPROFIT HOSPITAL ORGANIZATIONS. TRINITY HEALTH OF NEW ENGLAND HAS DEVELOPED AN ADMINISTRATIVE ORGANIZATIONAL STRUCTURE TO INTEGRATE THESE NONPROFIT HOSPITALS AND OTHER SUBSIDIARIES. THE ACTIVITY WITHIN THE ORGANIZATION INCLUDES INTEGRATION OF INFORMATION SYSTEMS, FINANCE, MARKETING, BUSINESS DEVELOPMENT, LEGAL, COMPLIANCE AND OTHER ADMINISTRATIVE FUNCTIONS WITH THE GOAL OF REDUCING OVERALL COSTS TO THE MEMBER ORGANIZATIONS. TRINITY HEALTH OF NEW ENGLAND IS AN INTEGRATED HEALTH CARE DELIVERY SYSTEM COMPRISED OF WORLD-CLASS PROVIDERS AND FACILITIES DEDICATED TO THE FULL SPECTRUM OF PREVENTATIVE, ACUTE, AND POST-ACUTE CARE, ALL DELIVERED WITH THE TRIPLE AIM OF BETTER HEALTH, BETTER CARE AND LOWER COSTS FOR OUR PATIENT POPULATIONS. IN NEW ENGLAND, OUR HOSPITALS, WALK-IN CLINICS, MEDICAL OFFICES, SPECIALIZED FACILITIES, AFFILIATED INSTITUTIONS, AND FOUNDATIONS SERVE A POPULATION OF NEARLY 3 MILLION PEOPLE. AS A DYNAMIC PART OF TRINITY HEALTH, ONE OF THE NATION'S LARGEST MULTI-INSTITUTIONAL CATHOLIC HEALTH CARE DELIVERY SYSTEMS, TRINITY HEALTH OF NEW ENGLAND IS UNIQUELY POSITIONED TO ADVANCE HEALTH CARE THROUGH ALLIANCES WITH THE UNIVERSITY OF CONNECTICUT SCHOOL OF MEDICINE, THE FRANK H. NETTER MD SCHOOL OF MEDICINE AT QUINNIPIAC UNIVERSITY, AND THROUGH OUR OWN RESEARCH INSTITUTIONS DEDICATED TO THE DEVELOPMENT OF PRIMARY CARE, NEW TREATMENTS FOR CANCER AND MULTIPLE SCLEROSIS, AND MUCH MORE. PLEASE VISIT OUR WEBSITE FOR ADDITIONAL INFORMATION: WWW.TRINITYHEALTHOFNE.ORG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danyal Ibrahim Chief Quality & Data Analytics Offr | 48 | $393,088 | |
Sheri Lemieux Asst Secy; Assistant To Pres/ceo | Officer | 35 | $99,573 |
Reginald Eadie MD Director; President & CEO | OfficerTrustee | 50 | $0 |
Kevin O'connor Director, Chair Through 12/20 | OfficerTrustee | 1 | $0 |
Joann Price Director; Vice Chair As Of 1/21 | OfficerTrustee | 1 | $0 |
James Smith Dir; V Chair Thr 12/20;chair At 1/21 | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Adjustment Bureau Collection Services | 9/29/21 | $1,855,085 |
Logixhealth Inc Coding Services | 9/29/21 | $1,157,753 |
Merritt Hawkins And Associates Professional Services | 9/29/21 | $808,824 |
Diamond Healthcare Corporation Health Care Services | 9/29/21 | $777,437 |
Usa Security Services Corporation Security Services | 9/29/21 | $763,245 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $210,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,700 |
| Total Program Service Revenue | $237,129,629 |
| Investment income | $2,233 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,633 |
| Net Gain/Loss on Asset Sales | -$35,311 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,315,884 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $564,380 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,743,606 |
| Compensation of current officers, directors, key employees. | $2,743,606 |
| Compensation to disqualified persons | $378,740 |
| Other salaries and wages | $63,674,557 |
| Pension plan accruals and contributions | $9,081,714 |
| Other employee benefits | $1,132,437 |
| Payroll taxes | $2,676,617 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,472,779 |
| Fees for services: Accounting | $17,945 |
| Fees for services: Lobbying | $141,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,547,046 |
| Advertising and promotion | $3,303,605 |
| Office expenses | $8,564,793 |
| Information technology | $75,792,657 |
| Royalties | $0 |
| Occupancy | $1,302,438 |
| Travel | $214,166 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,116 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,458,112 |
| Insurance | $169,643 |
| All other expenses | $94,629 |
| Total functional expenses | $238,544,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,019 |
| Savings and temporary cash investments | $19,007 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,347 |
| Prepaid expenses and deferred charges | $455,794 |
| Net Land, buildings, and equipment | $8,172,961 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $674,832,578 |
| Total assets | $683,679,706 |
| Accounts payable and accrued expenses | $44,446,154 |
| Grants payable | $0 |
| Deferred revenue | $125,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $708,741,968 |
| Total liabilities | $753,313,122 |
| Net assets without donor restrictions | -$69,676,415 |
| Net assets with donor restrictions | $42,999 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $683,679,706 |
Grants Awarded
Over the last fiscal year, Trinity Health Of New England Corporation Inc has awarded $304,350 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Hartford, CT PURPOSE: TO SUPPORT THE MISSION OF ENCOURAGING THE FREE AND ACTIVE EXCHANGE OF IDEAS | $50,000 |
Hartford, CT PURPOSE: ARTS, CULTURE AND HUMANITIES | $30,000 |
Hartford, CT PURPOSE: HELP & HOPE AT HOME FUNDING | $25,000 |
Waterbury, CT PURPOSE: FUNDING FOR ANDAR SOFTWARE COMMUNITY IMPACT MODULE & DREW MARINE CHALLENGE | $22,700 |
New Haven, CT PURPOSE: TO DEMOCRATIZE ACCESS TO PUBLIC DATA AND BUILD DATA LITERACY | $20,000 |
West Hartford, CT PURPOSE: SUPPORT SOCIAL, EDUCATIONAL & PHYSICAL NEEDS IN GREATER HARTFORD AREA | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Trinity Health Of New England Corporation Inc has recieved totaling $160,000.
| Awarding Organization | Amount |
|---|---|
Trinity Health Corporation Livonia, MI PURPOSE: COMMUNITY WELFARE - IT STARTS HERE GRANT | $60,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cape Cod Healthcare Inc Hyannis, MA | $1,256,505,571 | $986,611,618 |
Hartford Health Care Corporation Hartford, CT | $2,668,436,051 | $551,640,424 |
Bon Secours Charity Health System Affiliated Group Suffern, NY | $223,032,633 | $606,730,244 |
Wyckoff Heights Medical Center Brooklyn, NY | $318,132,023 | $364,136,906 |
Albany Medical Center Glens Falls, NY | $356,058,419 | $346,451,670 |
Whidden Memorial Hospital Inc Malden, MA | $90,823,513 | $333,237,018 |
Centerlight Healthcare Inc Flushing, NY | $62,373,058 | $284,939,095 |
Albany Medical Center Saratoga Springs, NY | $380,815,690 | $338,787,899 |
Episcopal Health Services Inc Garden City, NY | $212,973,154 | $303,839,103 |
Mass General Brigham Incorporated Boston, MA | $523,876,840 | $299,721,576 |
Trinity Health Of New England Corporation Inc Hartford, CT | $683,679,706 | $237,315,884 |
Albany Med Health System Albany, NY | $312,546,209 | $222,722,582 |