Capital Region Health Care Corp
Capital Region Health Care Corp shows strong asset growth and zero executive compensation amid fluctuating expenses.
EIN: 20222123 · Concord, NH · NTEE: E21Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $475K |
| Total Expenses | $147K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2.9 |
| Net Assets | $2.1M |
| Transparency Score | 90/100 |
Is Capital Region Health Care Corp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capital Region Health Care Corp directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capital Region Health Care Corp
Capital Region Health Care Corp (EIN: 20222123) is a nonprofit organization based in Concord, NH, classified under NTEE code E21Z. The organization reported total revenue of $475K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capital Region Health Care Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capital Region Health Care Corp is a small nonprofit that has been operating for 78 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $435K |
| Total Expenses | $147K |
| Surplus / Deficit | +$288K |
| Total Assets | $2.9M |
| Total Liabilities | $846K |
| Net Assets | $2.1M |
| Operating Margin | 66.3% |
| Debt-to-Asset Ratio | 29.1% |
| Months of Reserves | 238.1 months |
Financial Health Grade: A
In 2023, Capital Region Health Care Corp reported a surplus of $288K with revenue exceeding expenses, holds 238.1 months of operating reserves (strong position), has a debt-to-asset ratio of 29.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Capital Region Health Care Corp's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -16.8% | +9.5% |
| 2022 | +0.0% | -62.2% | +9.8% |
| 2021 | +0.0% | -2.0% | +6.4% |
| 2020 | +3.2% | +1.1% | +19.3% |
| 2019 | +2.3% | -2.4% | +6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1948 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Capital Region Health Care Corp with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Capital Region Health Care Corp allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $288K, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.1%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with assets exceeding $2.9 million and annual revenues over $400,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Capital Region Health Care Corp's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- Unusually low expenses in 2023 compared to prior years, potentially indicating a significant operational change not fully explained
Strengths
The following positive indicators were identified for Capital Region Health Care Corp:
- Consistent asset growth over the past decade, from $1.8M to $2.9M
- Zero reported officer compensation across all filings, indicating high efficiency in this area
- Significant reduction in expenses in recent years, from $498,455 in 2016 to $146,583 in 2023
- Stable revenue streams, consistently above $400,000 annually
- Strong financial health with positive net assets and consistent surpluses in recent periods
Frequently Asked Questions about Capital Region Health Care Corp
Is Capital Region Health Care Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Capital Region Health Care Corp (EIN: 20222123) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Capital Region Health Care Corp spend its money?
Capital Region Health Care Corp directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capital Region Health Care Corp tax-deductible?
Capital Region Health Care Corp is registered as a tax-exempt nonprofit (EIN: 20222123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Capital Region Health Care Corp CEO make?
Capital Region Health Care Corp's highest-compensated officer earns $2.9 annually. The organization reported $475K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Capital Region Health Care Corp's spending goes to programs?
Capital Region Health Care Corp directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Capital Region Health Care Corp compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Capital Region Health Care Corp is above average for NTEE category E21Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Capital Region Health Care Corp located?
Capital Region Health Care Corp is headquartered in Concord, New Hampshire and files with the IRS under EIN 20222123. It is classified under NTEE code E21Z.
How many years of IRS 990 filings does Capital Region Health Care Corp have?
Capital Region Health Care Corp has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $475K in total revenue.
Is Capital Region Health Care Corp financially stable?
Yes, the organization appears financially stable. Its assets have grown consistently from $1.8 million in 2014 to $2.9 million in 2023, and it has maintained a positive net asset position. Revenues have been consistent, and expenses have significantly decreased in recent years, leading to substantial surpluses.
How does Capital Region Health Care Corp manage executive compensation?
Capital Region Health Care Corp reports 0% officer compensation across all 13 available filings, indicating that no salaries are paid to its officers. This is a significant factor in its financial management and efficiency.
What is the trend in Capital Region Health Care Corp's expenses?
Expenses have shown a decreasing trend in recent years, from a high of $498,455 in 2016 to $146,583 in 2023. This suggests improved operational efficiency or a change in the scope of its activities.
How has Capital Region Health Care Corp's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $1,811,810 in 2014 to $2,908,565 in 2023, indicating effective financial stewardship and accumulation of resources.
Filing History
IRS 990 filing history for Capital Region Health Care Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Capital Region Health Care Corp's revenue has grown by 17%, moving from $372K to $435K. Total assets increased by 59% over the same period, from $1.8M to $2.9M. Total functional expenses fell by 65.3%, from $422K to $147K. In its most recent filing year (2023), Capital Region Health Care Corp reported a surplus of $288K, with revenue exceeding expenses. The organization holds $846K in liabilities against $2.9M in assets (debt-to-asset ratio: 29.1%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $435K | $147K | $2.9M | $846K | — | View 990 |
| 2022 | $435K | $176K | $2.7M | $785K | — | View 990 |
| 2021 | $435K | $466K | $2.4M | $668K | — | View 990 |
| 2020 | $435K | $476K | $2.3M | $662K | — | — |
| 2019 | $422K | $471K | $1.9M | $710K | — | View 990 |
| 2018 | $412K | $482K | $1.8M | $761K | — | View 990 |
| 2017 | $412K | $491K | $1.8M | $849K | — | View 990 |
| 2016 | $404K | $498K | $1.8M | $890K | — | View 990 |
| 2015 | $403K | $485K | $1.8M | $931K | — | View 990 |
| 2014 | $393K | $476K | $1.8M | $931K | — | View 990 |
| 2013 | $389K | $538K | $1.8M | $968K | — | View 990 |
| 2012 | $389K | $407K | $1.9M | $1.1M | — | View 990 |
| 2011 | $372K | $422K | $1.8M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $435K, expenses of $147K, and assets of $2.9M (revenue +0.0% year-over-year).
- 2022: Revenue of $435K, expenses of $176K, and assets of $2.7M (revenue +0.0% year-over-year).
- 2021: Revenue of $435K, expenses of $466K, and assets of $2.4M (revenue +0.0% year-over-year).
- 2020: Revenue of $435K, expenses of $476K, and assets of $2.3M (revenue +3.2% year-over-year).
- 2019: Revenue of $422K, expenses of $471K, and assets of $1.9M (revenue +2.3% year-over-year).
- 2018: Revenue of $412K, expenses of $482K, and assets of $1.8M (revenue +-0.0% year-over-year).
- 2017: Revenue of $412K, expenses of $491K, and assets of $1.8M (revenue +2.1% year-over-year).
- 2016: Revenue of $404K, expenses of $498K, and assets of $1.8M (revenue +0.2% year-over-year).
- 2015: Revenue of $403K, expenses of $485K, and assets of $1.8M (revenue +2.6% year-over-year).
- 2014: Revenue of $393K, expenses of $476K, and assets of $1.8M (revenue +1.1% year-over-year).
- 2013: Revenue of $389K, expenses of $538K, and assets of $1.8M (revenue +0.0% year-over-year).
- 2012: Revenue of $389K, expenses of $407K, and assets of $1.9M (revenue +4.5% year-over-year).
- 2011: Revenue of $372K, expenses of $422K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capital Region Health Care Corp:
Data Sources and Methodology
This transparency report for Capital Region Health Care Corp is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.