Athol Memorial Hospital

“The Form 990 is prepared by a third-party accounting firm with the assistance of the Accounting Department. The Form 990 is reviewed by the Director of Finance and CFO. Then the return is uploaded to the Hospital cyber board for the Board of Trustees to review prior to filing.”

“The Board of Trustees review the Organization's Conflict of Interest policy annually in order to ensure that the Organization's Board of Trustees and Officers are regularly and consistently monitoring and enforcing it.”

“All Officers and the CEO's salaries are paid by related corporations. The salaries are determined by the Board of Trustees, considering comparable salary information for Officers of other entities of similar size and level of activity.”

“The Organization makes its governing documents, conflict of interest policy and financial statements available to the public by providing completed copies to the Executive Assistant, who provides copies upon request.”

“Physician Fees: Program service expenses 4,591,173. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,591,173. Contracted Services: Program service expenses 224,875. Management and general expenses 0. Fundraising expenses 0. Total expenses 224,875. Temporary Employees: Program service expenses 704,615. Management and general expenses 0. Fundraising expenses 0. Total expenses 704,615. Outside Fees: Program service expenses 5,665,433. Management and general expenses 104,708. Fundraising expenses 80. Total expenses 5,770,221. Other Professional Fees: Program service expenses 310,647. Management and general expenses 36,346. Fundraising expenses 0. Total expenses 346,993.”

“Section 1.263(a)-3(n) Election: Athol Memorial Hospital 2033 Main Street Athol, MA 01331 EIN: 04-2126583 Athol Memorial Hospital is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”

“Transfer to Affiliates -3,111,290.”

“As of August 15, 2025, the Organization's financial statement audit for the fiscal year-ended 9/30/24 is still in process and has not yet been completed. As a result, questions related to financial statement audit on Form 990 Part IV and Part XII have been answered 'no' accordingly.”