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SVMC HOLDINGS INC

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Public IRS 990 nonprofit record

SVMC HOLDINGS INC

EIN 83-2550272 · Hospitals (E20)

What they do

to Improve The Health and Well-being of All People In The Communities We Serve.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $95.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

102.63%of revenue went to mission work95.8% of expenses · Program services
0.22%of revenue went to fundraising0.2% of expenses
$96.70spent for every $100 of revenueRevenue covered expenses this year.
4.34%of revenue went to management and office costs4.0% of expenses
$0.57in assets for every $1 spent this yearSome assets cannot be spent right away.
0.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $380,692 for PETER MUMMA (VP). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$637,936,564
Mission workProgram services$654,685,713102.63% of revenue95.8% of expenses
ManagementOffice and general costs$27,672,0794.34% of revenue4.0% of expenses
FundraisingAsking for donations$1,374,2780.22% of revenue0.2% of expenses
Total expenses$683,732,070107.18% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2023CurrentExpense mix: 95.8% mission · 4.0% management · 0.2% fundraisingTotal expenses: 107.18% of revenue
2022Expense mix: 96.0% mission · 3.8% management · 0.2% fundraisingTotal expenses: 103.52% of revenue
2021Expense mix: 95.8% mission · 4.0% management · 0.1% fundraisingTotal expenses: 106.54% of revenue
2020Expense mix: 95.5% mission · 4.4% management · 0.2% fundraisingTotal expenses: 104.06% of revenue
2019Expense mix: 88.8% mission · 11.1% management · 0.1% fundraisingTotal expenses: 101.77% of revenue

Money in and money out

Revenue$707,034,879
Expenses$683,732,070
Annual surplus $23,302,809 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$654,685,713 · 95.8% of expenses
Management and office costs$27,672,079 · 4.0% of expenses
Fundraising$1,374,278 · 0.2% of expenses
See all reported dollar amounts
Revenue$707,034,879
Expenses$683,732,070
Assets$387,676,225
Income$715,007,816
Contributions$5,820,415
Mission work (program services)$654,685,713
Fundraising$1,374,278
Grants given$2,963,977
Average grant$105,856
Management and general$27,672,079
Stocks and bonds$32,102,988
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
PETER MUMMAVP · 60 hrs/week $380,692Base $333,345 · Other $47,347
KAREN KAISERVP · 60 hrs/week $318,022Base $265,950 · Other $52,072
WILLIAM HOEYVP (THRU JULY 2024) · 60 hrs/week $309,527Base $265,801 · Other $43,726
MELISSA LANZAREGISTERED NURSE · 60 hrs/week $308,151Base $252,579 · Other $55,572
IRENE BROWN-REIDREGISTERED NURSE · 60 hrs/week $303,868Base $269,800 · Other $34,068
MAUREEN GETHINGSDIR PERIOPERATIVE SVCS · 60 hrs/week $300,165Base $269,364 · Other $30,801
NICOLE LOIZDIR CLINICAL OPERATIONS · 60 hrs/week $267,792Base $237,547 · Other $30,245
MANUEL LAVOURAPHARMACIST · 60 hrs/week $264,104Base $213,835 · Other $50,269
WILLIAM JENNINGSPRESIDENT/DIRECTOR · 60 hrs/week $191,193Base · Other $191,193
MICHAEL DAGLIOFORMER PRESIDENT $188,591Base · Other $188,591
DANIEL GOTTSCHALL MDVP · 60 hrs/week $71,208Base · Other $71,208
DEBORAH LEEVP · 60 hrs/week $65,576Base · Other $65,576

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

PETER MUMMAVP

KAREN KAISERVP

WILLIAM HOEYVP (THRU JULY 2024)

MELISSA LANZAREGISTERED NURSE

IRENE BROWN-REIDREGISTERED NURSE

MAUREEN GETHINGSDIR PERIOPERATIVE SVCS

NICOLE LOIZDIR CLINICAL OPERATIONS

MANUEL LAVOURAPHARMACIST

WILLIAM JENNINGSPRESIDENT/DIRECTOR

MICHAEL DAGLIOFORMER PRESIDENT

DANIEL GOTTSCHALL MDVP

DEBORAH LEEVP

JOHN ROSSIVP

TERESA FULLERVP

CHRISTOPHER GIVENVP

DARA RICHARDS MDDIRECTOR

CAROL BIRKSDIRECTOR

STRICK WOODS MDDIRECTOR

ROBIN CAUTINDIRECTOR

RINA BAKALARDIRECTOR

RAHUL GUPTA MDDIRECTOR

PETER CIMINO MDDIRECTOR

GEORGE ESTRADADIRECTOR

DEACON PATRICK TOOLECHAIR

DEBRA LIEBOWITZDIRECTOR

LUCY TEIXEIRAVICE CHAIR

DOUGLASS GRABEDIRECTOR

JANE MANNINGDIRECTOR

About this charity

Recognized since
January 2019
Location
2800 MAIN ST, BRIDGEPORT, CT 06606-4201
County
Fairfield
In care of
Christopher Given
Primary officer
Christopher Given, VP of Finance

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
October 1, 2023
Return type
990
Tax preparer
FORVIS MAZARS LLP
NTEE classification
Hospitals (E20)
IRS tax category
Hospitals
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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