Civic Intelligence

The Danbury Hospital

990 • Fiscal year 2013 • EIN 06-0646597

Oct 01, 2012 to Sep 30, 2013 • Filed on Jul 31, 2014

24 Hospital AvenueDanbury, CT 06810
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.41x

Higher debt load relative to assets than 56% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2013

Liabilities / Revenue

58th percentile

0.65x

Higher debt load relative to revenue than 58% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2013

Net Margin

59th percentile

7.6%

Higher net margin than 59% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

55th percentile

7.1%

Faster asset growth than 55% of similar nonprofits.

2013 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$829,018,642

Up $55,134,758 (+7.1%) from 2012

Net Assets

Up

$486,647,111

Up $42,026,012 (+9.5%) from 2012

Liabilities

Up

$342,371,531

Up $13,108,746 (+4.0%) from 2012

Revenue

$526,991,761

No earlier filing loaded for comparison.

Expenses

Down

$486,746,196

Down $10,147,032 (-2.0%) from 2012

Net Income

$40,245,565

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0B$500M$0Assets 2010: $603,421,824Liabilities 2010: $179,416,697Net Assets 2010: $424,005,1272010Assets 2011: $715,105,959Liabilities 2011: $326,864,381Net Assets 2011: $388,241,5782011Assets 2012: $773,883,884Liabilities 2012: $329,262,785Net Assets 2012: $444,621,0992012Assets 2013: $829,018,642Liabilities 2013: $342,371,531Net Assets 2013: $486,647,1112013Assets 2014: $838,062,311Liabilities 2014: $348,768,773Net Assets 2014: $489,293,5382014Assets 2015: $836,823,101Liabilities 2015: $360,086,728Net Assets 2015: $476,736,3732015Assets 2016: $821,780,750Liabilities 2016: $368,426,366Net Assets 2016: $453,354,3842016Assets 2017: $771,223,240Liabilities 2017: $378,515,816Net Assets 2017: $392,707,4242017Assets 2018: $771,984,782Liabilities 2018: $401,836,442Net Assets 2018: $370,148,3402018Assets 2019: $844,564,145Liabilities 2019: $453,962,061Net Assets 2019: $390,602,0842019Assets 2020: $888,908,051Liabilities 2020: $509,883,902Net Assets 2020: $379,024,1492020Assets 2021: $968,428,982Liabilities 2021: $503,119,281Net Assets 2021: $465,309,7012021Assets 2022: $931,003,057Liabilities 2022: $456,524,247Net Assets 2022: $474,478,8102022Assets 2023: $900,891,336Liabilities 2023: $394,185,296Net Assets 2023: $506,706,0402023Assets 2024: $905,822,875Liabilities 2024: $384,446,689Net Assets 2024: $521,376,1862024

Highlighted filing

2013

Assets$829,018,642
Liabilities$342,371,531
Net Assets$486,647,111

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0B$500M$0-$500MExpenses 2010: $460,480,4852010Expenses 2011: $496,006,0272011Expenses 2012: $496,893,2282012Revenue 2013: $526,991,761Expenses 2013: $486,746,196Net Income 2013: $40,245,5652013Revenue 2014: $538,829,366Expenses 2014: $500,627,224Net Income 2014: $38,202,1422014Revenue 2015: $619,835,389Expenses 2015: $624,664,915Net Income 2015: -$4,829,5262015Revenue 2016: $645,821,208Expenses 2016: $645,182,475Net Income 2016: $638,7332016Revenue 2017: $688,318,765Expenses 2017: $663,215,162Net Income 2017: $25,103,6032017Revenue 2018: $707,008,259Expenses 2018: $699,362,337Net Income 2018: $7,645,9222018Revenue 2019: $741,874,050Expenses 2019: $717,006,081Net Income 2019: $24,867,9692019Revenue 2020: $740,396,088Expenses 2020: $721,766,095Net Income 2020: $18,629,9932020Revenue 2021: $798,413,805Expenses 2021: $739,029,200Net Income 2021: $59,384,6052021Revenue 2022: $818,823,850Expenses 2022: $787,818,022Net Income 2022: $31,005,8282022Revenue 2023: $872,375,186Expenses 2023: $847,323,275Net Income 2023: $25,051,9112023Revenue 2024: $903,751,781Expenses 2024: $917,544,364Net Income 2024: -$13,792,5832024

Highlighted filing

2013

Revenue$526,991,761
Expenses$486,746,196
Net Income$40,245,565
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Jul 31, 2014
Return Version
2012v2.0
Gross Receipts
$547,276,911
Mission and Program Overview

Mission

To improve the health and well being of every person we serve.

Major Activities

Activity 2
TeachingDanbury Hospital provides a dynamic environment for teaching and research for our graduate medical education programs. The hospital received Accreditation with Commendation from the Joint Commission on Accreditation of Healthcare Organizations, and is approved to sponsor residency programs by the Accreditation Council for Graduate Medical Education of the American Medical Association. As a leading university teaching institution, Danbury Hospital during 2012 established a partnership with the University of Vermont College of Medicine to develop a global clinical health elective for future physicians. As part of a global health certification, first-year medical students conduct research abroad for up to six weeks. Program participants work with their counterparts in other countries to address major health care challenges, sharing techniques and practices and coming home with new skills learned from colleagues across the globe. During the year 1,370 persons participated.
Activity 3
ResearchThe Danbury Hospital's Research Institute heralds a new era of personalized medicine that holds great promise for the development of targeted therapies as we gain a deeper understanding of the genetic basis of disease. The Institute will enable us to stay on the forefront of the evolving world of molecular medicine and to deliver the benefits of this work to patients at the bedside.In 2013, Danbury Hospital's two year-old Biomedical Research Institute (BRI) continued to push the frontiers of medical science in ways that are meaningful both to the care of our patients and to medicine as a whole. Danbury Hospital has made significant inroads toward personalized cancer treatments tailored to a cancers specific genetic makeup-especially womens cancers. Reinforcing the Hospitals emerging leadership position in this arena, in September 2013, Danbury Hospital launched Connecticuts first Annual OB/GYN Residents Research Day symposium. The integration of research and medical education for obstetricians and gynecologists helps ensure they remain on the cutting edge of medicine.
Filing and Contact Details

Filer

EIN
06-0646597
Raw XML AppendixShowing 400 of 1,632 raw XML fields

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IRS990/Activity2/Description0TeachingDanbury Hospital provides a dynamic environment for teaching and research for our graduate medical education programs. The hospital received Accreditation with Commendation from the Joint Commission on Accreditation of Healthcare Organizations, and is approved to sponsor residency programs by the Accreditation Council for Graduate Medical Education of the American Medical Association. As a leading university teaching institution, Danbury Hospital during 2012 established a partnership with the University of Vermont College of Medicine to develop a global clinical health elective for future physicians. As part of a global health certification, first-year medical students conduct research abroad for up to six weeks. Program participants work with their counterparts in other countries to address major health care challenges, sharing techniques and practices and coming home with new skills learned from colleagues across the globe. During the year 1,370 persons participated.
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IRS990/Activity3/Description0ResearchThe Danbury Hospital's Research Institute heralds a new era of personalized medicine that holds great promise for the development of targeted therapies as we gain a deeper understanding of the genetic basis of disease. The Institute will enable us to stay on the forefront of the evolving world of molecular medicine and to deliver the benefits of this work to patients at the bedside.In 2013, Danbury Hospital's two year-old Biomedical Research Institute (BRI) continued to push the frontiers of medical science in ways that are meaningful both to the care of our patients and to medicine as a whole. Danbury Hospital has made significant inroads toward personalized cancer treatments tailored to a cancers specific genetic makeup-especially womens cancers. Reinforcing the Hospitals emerging leadership position in this arena, in September 2013, Danbury Hospital launched Connecticuts first Annual OB/GYN Residents Research Day symposium. The integration of research and medical education for obstetricians and gynecologists helps ensure they remain on the cutting edge of medicine.
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IRS990/Description0Clinical CareDuring FYE2013, approximately 19,000 discharges and 70,000 Emergency Room visits occurred.Below are some of the accolades, accreditations and designations that we have been recognized with:Hospital Accreditation, Joint Commission, 2011-2013Chest Pain Center Accreditation, Society of Chest Paint Centers, 2011Primary Stroke Center Recertification, Joint Commission, 2012Nuclear Medicine Laboratory Accreditation, Intersociental Commission for the Accreditation of Laboratories, 2011Stroke Center Designation, CT Department of Public Health, 2011-2013Center for Weight Loss Surgery Accreditation, 2012Recognized for Exemplary Surgical Outcomes, American College of Surgeons National Surgical Quality Improvement Program, 2011Beacon Award for Excellence in Critical Care, American Association of Critical Care Nurses, 2011Gold Standard Accreditation for Breast Ultrasound, American College of Radiology, 2012Granted two-year certification for Joint and Spine (Orthopedics), Joint Commission Specialty Certification, 2012Awarded Disease Specific Certification (two year) for Hip, Knee and Spine Surgery Programs, Joint Commission Gold Seal of Approval, 2012Heart-Safe Community, CT Department of Public Health, 2012Crimson Award, The Advisory Board, 2011Sleep Center Accreditation, American Academy of Sleep Medicine, 2011Recognized for "Decreasing Inadvertent Perioperative Hypothermia", Institute for Healthcare Improvement, 2011In 2012, Becker's Hospital Review, ranked Danbury Hospital as a top 100 great community hospital. Also in 2012, Cleverly and Associates awarded Danbury Hospital with Community Value Leadership Awards for providing high-quality, high-value services at an appropriate cost.
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IRS990/Form990PartVIISectionA/NamePerson1Brian C White
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IRS990/Form990PartVIISectionA/NamePerson3Spencer Houldin
IRS990/Form990PartVIISectionA/NamePerson4Joseph D Skrzypczak
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IRS990/Form990PartVIISectionA/NamePerson7A Altorelli to 911
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IRS990/Form990PartVIISectionA/Title1Director
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IRS990/Form990PartVIISectionA/Title3Director
IRS990/Form990PartVIISectionA/Title4Secretary
IRS990/Form990PartVIISectionA/Title5Director
IRS990/Form990PartVIISectionA/Title6Director
IRS990/Form990PartVIISectionA/Title7Director
IRS990/Form990PartVIISectionA/Title8Treasurer
IRS990/Form990PartVIISectionA/Title9Director
IRS990/Form990PartVIISectionA/Title10Director
IRS990/Form990PartVIISectionA/Title11President & CEO
IRS990/Form990PartVIISectionA/Title12Ass't Secretary
IRS990/Form990PartVIISectionA/Title13SVP & CFO
IRS990/Form990PartVIISectionA/Title14Chief Information Officer
IRS990/Form990PartVIISectionA/Title15VP of Facilities
IRS990/Form990PartVIISectionA/Title16Chief Risk Compl. Officer
IRS990/Form990PartVIISectionA/Title17Chief Operating Officer
IRS990/Form990PartVIISectionA/Title18Sr. VP/Chief Nurse Exec.
IRS990/Form990PartVIISectionA/Title19Sr. VP Human Resources
IRS990/Form990PartVIISectionA/Title20Chief Medical Officer
IRS990/Form990PartVIISectionA/Title21General Counsel
IRS990/Form990PartVIISectionA/Title22VP,Qual & Pat Sfty
IRS990/Form990PartVIISectionA/Title23VP of Planning
IRS990/Form990PartVIISectionA/Title24Physician
IRS990/Form990PartVIISectionA/Title25Dir. of Educ./Res.
IRS990/Form990PartVIISectionA/Title26WCMG Physician
IRS990/Form990PartVIISectionA/Title27Director of Purchasing
IRS990/Form990PartVIISectionA/Title28VP, Marketing (Former)
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$906$384$521$904$918$13.8
2023Detailed filing. Detailed filing data is available for this year.$901$394$507$872$847$25.1
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$931$457$474$819$788$31.0
2021Detailed filing. Detailed filing data is available for this year.$968$503$465$798$739$59.4
2020Detailed filing. Detailed filing data is available for this year.$889$510$379$740$722$18.6
2019Detailed filing. Detailed filing data is available for this year.$845$454$391$742$717$24.9
2018Detailed filing. Detailed filing data is available for this year.$772$402$370$707$699$7.65
2017Detailed filing. Detailed filing data is available for this year.$771$379$393$688$663$25.1
2016Detailed filing. Detailed filing data is available for this year.$822$368$453$646$645$0.64
2015Detailed filing. Detailed filing data is available for this year.$837$360$477$620$625$4.83
2014Detailed filing. Detailed filing data is available for this year.$838$349$489$539$501$38.2
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$829$342$487$527$487$40.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$774$329$445$497
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$715$327$388$496
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$603$179$424$460