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Nonprofit · EIN 02-0456218

FOUNDATION MEDICAL PARTNERS INC

Tax-exempt · NASHUA, NH 03061

Financials

$125.3M$164.9M2022$127.6M$168M2023$134M$178.6M2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION MEDICAL PARTNERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$134,033,925$178,576,421-$44,542,496$68,376,240$76,074,482-$7,698,242
June 30, 2024990$127,607,939$167,986,779-$40,378,840$63,068,368$66,945,451-$3,877,083
June 30, 2023990$125,311,940$164,929,885-$39,617,945$57,147,729$59,510,897-$2,363,168
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,009,824
of which government grants
$999,653
Program service revenue
$132,277,414
Investment income
$0
Net rental income
$746,687
Other revenue
$746,687

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,437,476
Other salaries and wages
$107,151,272
Salaries, compensation and benefits (total)
$131,990,228
Professional fundraising fees
$0
Occupancy
$8,138,551
Depreciation
$623,466
Program services (functional)
$167,948,873
Management and general (functional)
$10,627,548

Balance sheet and other

Total assets, start of year
$63,068,368
Total assets, end of year
$68,376,240
Total liabilities, end of year
$76,074,482
Net assets, end of year
-$7,698,242
Land, buildings and equipment
$5,573,034
Net assets without donor restrictions
-$7,698,242
Gross receipts
$134,033,925
Employees
1,038
Volunteers
12
Year formed
1992
State of legal domicile
NH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Michael R Kaczanowski MDPhysician
Highest-paid employee
40$1,237,489$0$49,885
Jassir Witta MDPhysician
Highest-paid employee
40$1,180,127$0$48,949
John E Friberg EsqInterim CEO, SolutionHealth
Trustee or director, Officer
1$0$1,072,488$128,369
Mollie A MacCormack MDPhysician
Highest-paid employee
40$1,157,444$0$8,722
David Posnick MDPhysician
Highest-paid employee
40$1,106,852$0$26,344
Colin T McHughSNHMC President/CEO/Secretary
Trustee or director, Officer
2$0$889,205$55,104
Edward A Sirlin III MDPhysician
Highest-paid employee
40$860,442$0$50,078
Michael TurilliSVP/CFO, SolutionHealth
Officer
2$0$783,833$123,201
Salvatore Vella JrChief Medical Officer
Key employee
20$675,176$0$59,217
Karen Maynard MDTrustee
Trustee or director
42$641,220$0$61,863
James WatkinsChief Administrative Officer
Officer
40$0$639,200$0
Brett Sweeney MDTrustee
Trustee or director
2$0$443,030$21,084
Kenneth MatsisVP Finance, Southern NH Helth
Officer
2$0$258,010$34,880
Marc SadowskyTrustee (end 12/2024)
Trustee or director
2$0$0$48,800
Melliyal AnnamalaiTrustee
Trustee or director
2$0$0$0
11 more people on this return
NameTitleHours / weekCompensation
Peter ApostolicasTrustee (start 12/2024)
Trustee or director
2$0
Bobbie D BagleyTrustee
Trustee or director
2$0
Heather BenderTrustee (start 12/2024)
Trustee or director
2$0
Sister Paula Marie BuleyTrustee
Trustee or director
2$0
Alonzo DeBerryTrustee
Trustee or director
2$0
Helen Honorow EsqTrustee
Trustee or director
2$0
K Brian McLaughlinTrustee (end 10/2024)
Trustee or director
2$0
Eitan ZeiraTrustee
Trustee or director
2$0
Craig FitzgeraldChair
Trustee or director, Officer
2$0
The Hon Joseph N LaplanteVice Chair
Trustee or director, Officer
2$0
Mark William Begor JrTreasurer
Trustee or director, Officer
2$0
990 for the year ended June 30, 2024: 23 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Michael R Kaczanowski MDPhysician
Highest-paid employee
40$1,099,401$0$77,014
Mollie A MacCormack MDPhysician
Highest-paid employee
40$1,124,272$0$43,512
Tung T Nguyen MDPhysician
Highest-paid employee
40$1,034,812$0$77,224
Witta JassirPhysician
Highest-paid employee
40$1,047,063$0$42,201
Edward A Sirlin III MDPhysician
Highest-paid employee
40$912,470$0$43,777
Colin T McHughSNHMC President/CEO/Secretary
Trustee or director, Officer
2$0$724,184$50,993
Michael TurilliSVP/CFO, SolutionHealth
Officer
2$0$597,609$110,268
Karen Maynard MDTrustee
Trustee or director
42$653,545$0$50,111
John Friberg EsqInterim CEO, SolutionHealth
Trustee or director, Officer
2$0$568,294$115,687
James WatkinsFMP Interim President
Officer
40$0$635,600$0
Salvatore Vella JrChief Medical Officer
Key employee
20$513,175$0$78,428
Kenneth MatsisVP Finance, Southern NH Health
Officer
2$0$146,687$2,115
Marc Sadowsky MDTrustee
Trustee or director
2$0$70,574$0
Melliyal AnnamalaiTrustee
Trustee or director
2$0$0$0
Sister Paula Marie BuleyTrustee
Trustee or director
2$0$0$0
Alonzo DeberryTrustee
Trustee or director
2$0$0$0
Helen Honorow EsqTrustee
Trustee or director
2$0$0$0
The Hon Joseph N LaplanteTrustee
Trustee or director
2$0$0$0
K Brian McLaughlinTrustee
Trustee or director
2$0$0$0
Eitan ZeiraTrustee
Trustee or director
2$0$0$0
Craig FitzgeraldActing Chair
Trustee or director, Officer
2$0$0$0
Bobbie D BagleyVice Chair
Trustee or director, Officer
2$0$0$0
Mark William Begor JrTreasurer
Trustee or director, Officer
2$0$0$0
990 for the year ended June 30, 2023: 30 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Tung T Nguyen MDPhysician
Highest-paid employee
40$1,130,714$0$75,777
Michael R Kaczanowski MDPhysician
Highest-paid employee
40$1,092,340$0$99,967
Mollie A MacCormack MDPhysician
Highest-paid employee
40$1,080,110$0$41,817
Michael J DeLeo IIIChief Medical Officer
Officer
40$983,049$0$49,690
Witta JassirPhysician
Highest-paid employee
40$941,718$0$76,566
Michael S RoseFormer SNHHS Pres./CEO/Sec.
Former
0$0$936,549$0
Edward A Sirlin III MDPhysician
Highest-paid employee
40$857,507$0$73,187
Susan DesocioFormer Pres. Fnd. Medical Partners
Former
0$0$862,986$0
Karen Maynard MDTrustee
Trustee or director
42$781,132$0$46,452
Paul TrainorSenior VP, CFO/Treasurer (end 1/23)
Officer
2$0$470,498$56,500
Colin T McHughSNHMC President/CEO/Secretary
Trustee or director, Officer
2$0$447,154$21,833
James WatkinsFMP Interim President
Trustee or director, Officer
40$0$416,000$0
Robert Dorf DO EOFormer Pres. Fnd. Medical Partners
Former
0$285,968$104,674$10,493
Thomas Wilhelmsen JrFormer SNHHS Pres./CEO/Sec.
Former
0$0$369,231$0
Scott A Wolf DOFormer SNHHS Pres./CEO/Sec.
Former
0$0$332,693$10,615
Mark SantosFormer Pres. Fnd. Medical Partners
Former
0$0$242,870$20,111
Marc Sadowsky MDTrustee
Trustee or director
2$0$12,000$0
Melliyal AnnamalaiTrustee
Trustee or director
2$0$0$0
Sister Paula Marie BuleyTrustee
Trustee or director
2$0$0$0
Alonzo DeberryTrustee
Trustee or director
2$0$0$0
Michael GonzalesTrustee (end 12/2022)
Trustee or director
2$0$0$0
Helen Honorow EsqTrustee
Trustee or director
2$0$0$0
Mary JordanTrustee (end 12/2022)
Trustee or director
2$0$0$0
The Hon Joseph N LaplanteTrustee
Trustee or director
2$0$0$0
K Brian McLaughlinTrustee
Trustee or director
2$0$0$0
Eitan ZeiraTrustee
Trustee or director
2$0$0$0
Craig FitzgeraldActing Chair
Trustee or director, Officer
2$0$0$0
Timothy Sullivan EsqChair (end 12/2022)
Trustee or director, Officer
2$0$0$0
Bobbie D BagleyVice Chair
Trustee or director, Officer
2$0$0$0
Mark William Begor JrTreasurer
Trustee or director, Officer
2$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 3410, NASHUA, NH 03061-3410
Principal officer (990 for 2024)
James Watkins, 8 Prospect Street, Nashua, NH 030603928
Signed the 990
Colin T McHugh, SNHMC President/CEO/Secretary
Phone
(603) 577-2000
Return prepared by
Baker Newman & Noyes

Mission

The Organization is dedicated to providing exceptional care that improves the health and well-being of individuals and communities we serve. The Organization is a provider of choice, delivering convenient access to high value, quality care in an environment that embraces dignity, compassion and service to the people of our community.

990 for the year ended June 30, 2025

Program accomplishments

  • Health Care Services
    Expenses $167,948,873 · revenue $133,024,101

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
02-0456218
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1993
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E99I)
Assets (IRS master file)
$68,376,240
Income (IRS master file)
$134,033,925

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$134,033,925$178,576,421$68,376,240IRS
990June 2024$127,607,939$167,986,779$63,068,368IRS
990June 2023$125,311,940$164,929,885$57,147,729XML
990June 2022$127,393,246$163,332,003$51,959,863IRS
990June 2021–––IRS
990June 2020–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 02-0456218).

Questions about FOUNDATION MEDICAL PARTNERS INC

What is the EIN of FOUNDATION MEDICAL PARTNERS INC?
The employer identification number (EIN) of FOUNDATION MEDICAL PARTNERS INC is 02-0456218.
Is FOUNDATION MEDICAL PARTNERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to FOUNDATION MEDICAL PARTNERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION MEDICAL PARTNERS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION MEDICAL PARTNERS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION MEDICAL PARTNERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FOUNDATION MEDICAL PARTNERS INC?
The 990 for the year ended June 30, 2025 names James Watkins.
Who are the officers and directors of FOUNDATION MEDICAL PARTNERS INC?
The 990 for the year ended June 30, 2025 lists 26 people; 7 received compensation from the organization, the highest $1,237,489 (Michael R Kaczanowski MD, Physician).
How much revenue does FOUNDATION MEDICAL PARTNERS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $134,033,925, expenses of $178,576,421 and total assets of $68,376,240 at year end.

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