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Nonprofit · EIN 22-2535533

NEWPORT HOSPITAL FOUNDATION INC

Tax-exempt · NEWPORT, RI 02840

Financials

$8.1M$8.6M2022$17.2M$8.2M2023$13.6M$9.2M2024
Revenue Expenses · by fiscal year end
Financials of NEWPORT HOSPITAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$13,621,185$9,233,364$4,387,821$140,953,211$990,401$139,962,810
September 30, 2024990$17,246,563$8,196,819$9,049,744$133,079,352$159,792$132,919,560
September 30, 2023990$8,141,137$8,649,388-$508,251$116,918,552$1,062,554$115,855,998
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$2,450,541
Program service revenue
$0
Investment income
$11,168,422
Net gain from sales of assets
$7,295,314
Net income from fundraising events
$2,222
Other revenue
$2,222

Expenses

Grants and similar amounts paid
$7,771,160
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$7,771,160
Management and general (functional)
$397,863
Fundraising (functional)
$1,064,341

Balance sheet and other

Total assets, start of year
$133,079,352
Total assets, end of year
$140,953,211
Total liabilities, end of year
$990,401
Net assets, end of year
$139,962,810
Publicly traded securities
$99,760,324
Net assets without donor restrictions
$136,407,662
Net assets with donor restrictions
$3,555,148
Gross receipts
$44,698,390
Employees
0
Volunteers
125
Year formed
1983
State of legal domicile
RI

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Peter K MarkellEVP & CFO
Officer
0.1$0$1,464,555$40,760
Crista DurandFormer President
Former
0$0$786,684$448,861
Nicholas P DominickPresident thru 7/25
Trustee or director, Officer
1$0$702,482$40,089
Jeffrey T Gaines MDTrustee
Trustee or director
2$0$426,586$82,990
Orla BrandosFormer CNO
Former
0$0$404,193$58,334
Tenny Thomas MDPresident
Trustee or director, Officer
0.25$0$12,810$0
Gail AlofsinTrustee
Trustee or director
1$0$0$0
Holly Banniser MDTrustee
Trustee or director
0.5$0$0$0
Carol R BazarskyChair
Trustee or director, Officer
2$0$0$0
John BrooksTrustee
Trustee or director
0.5$0$0$0
Edward Feldstein EsqTrustee thru 12/24
Trustee or director
0.5$0$0$0
Anne F HamiltonTrustee
Trustee or director
1$0$0$0
Susan N HillTrustee
Trustee or director
1$0$0$0
Victoria JohnsonSecretary thru 12/24
Trustee or director, Officer
1$0$0$0
Patricia Norton KidderTrustee
Trustee or director
1$0$0$0
11 more people on this return
NameTitleHours / weekCompensation
Elizabeth W LeathermanTrustee
Trustee or director
0.25$0
Paul A LeysTrustee
Trustee or director
1$0
Thomas E McGue MDTrustee
Trustee or director
5$0
Ann MencoffTrustee thru 12/24
Trustee or director
0.5$0
Barbara OdegaardTrustee
Trustee or director
1$0
Jonathan H PardeeTrustee
Trustee or director
0$0
Isabella G RidallTrustee
Trustee or director
2$0
Arthur J SampsonTrustee
Trustee or director
2$0
Sarah Schochet-HenkenSecretary
Trustee or director, Officer
0.5$0
Nancy Schreiber MDTrustee
Trustee or director
0$0
Barbara van BeurenVice Chair
Trustee or director, Officer
0.4$0
990 for the year ended September 30, 2024: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Peter K MarkellEVP & CFO
Officer
0.1$0$1,193,642$18,928
Crista F DurandPresident- 9/24
Trustee or director, Officer
10$0$591,433$118,424
Jeffrey T Gaines MDTrustee
Trustee or director
2$0$442,719$85,746
Orla M Brandos DNPMBAMSNTrustee- 9/24
Trustee or director
1$0$332,004$62,636
Arthur J SampsonTrustee
Trustee or director
2$0$87,962$0
Gail AlofsinTrustee
Trustee or director
1$0$0$0
M Therese Antone SrTrustee- 12/23
Trustee or director
0$0$0$0
Holly Bannister MDTrustee- 12/23
Trustee or director
0$0$0$0
Carol R BazarskyChairperson
Trustee or director, Officer
2$0$0$0
John BrooksTrustee
Trustee or director
0.5$0$0$0
Peter CapodilupoTrustee-12/23
Trustee or director
1$0$0$0
Edward D FeldsteinTrustee
Trustee or director
0.2$0$0$0
Rita B GewirzTrustee
Trustee or director
0.5$0$0$0
Susan HillTrustee
Trustee or director
0$0$0$0
Anne F HamiltonTrustee
Trustee or director
1$0$0$0
Victoria JohnsonSecretary
Trustee or director, Officer
1$0$0$0
Patricia N KidderTrustee
Trustee or director
1$0$0$0
Elizabeth W LeathermanTrustee
Trustee or director
0.25$0$0$0
Paul A LeysTrustee
Trustee or director
1$0$0$0
Thomas E McGue MDTrustee
Trustee or director
1$0$0$0
Ann MencoffTrustee
Trustee or director
1$0$0$0
Jonathan H PardeeTrustee
Trustee or director
3$0$0$0
James A PurvianceTrustee- 12/23
Trustee or director
0$0$0$0
Isabella G RidallTrustee
Trustee or director
2$0$0$0
Sarah Schochet-HenkenTrustee
Trustee or director
0.5$0$0$0
Nancy D Schreiber MDTrustee
Trustee or director
0$0$0$0
Barbara van BeurenVice Chair
Trustee or director, Officer
0.5$0$0$0
Sharon Wood PrinceTrustee
Trustee or director
0$0$0$0
990 for the year ended September 30, 2023: 33 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
David A KirshnerEVP/CFO- 11/22
Officer
0$0$857,218$20,609
Crista F DurandPresident
Trustee or director, Officer
10$0$501,054$113,302
Jeffrey T Gaines MDTrustee
Trustee or director
2$0$364,201$85,172
Arthur J SampsonTrustee
Trustee or director
2$0$417,696$18,300
Orla M Brandos DNPMBAMSNTrustee
Trustee or director
1$0$285,994$66,025
Gail AlofsinTrustee
Trustee or director
1$0$0$0
Sr Therese M AntoneTrustee
Trustee or director
0$0$0$0
Holly Bannister MDTrustee
Trustee or director
0$0$0$0
Carol R BazarskyChairperson
Trustee or director, Officer
2$0$0$0
John BrooksTrustee
Trustee or director
0.5$0$0$0
Peter CapodilupoTrustee
Trustee or director
1$0$0$0
Norey D CullenTrustee- 12/22
Trustee or director
0$0$0$0
Edward D FeldsteinTrustee
Trustee or director
0.2$0$0$0
Rita B GewirzTrustee
Trustee or director
0.5$0$0$0
Bradford C Gray MDTrustee- 12/22
Trustee or director
0.5$0$0$0
Anne F HamiltonTrustee
Trustee or director
1$0$0$0
Victoria JohnsonSecretary
Trustee or director, Officer
1$0$0$0
Patricia N KidderTrustee
Trustee or director
1$0$0$0
Elizabeth W LeathermanTrustee
Trustee or director
0.25$0$0$0
Paul A LeysTrustee
Trustee or director
1$0$0$0
Thomas E McGue MDTrustee
Trustee or director
1$0$0$0
Juliette C McLennanTrustee- 12/22
Trustee or director
0$0$0$0
Ann MencoffTrustee
Trustee or director
1$0$0$0
Jonathan H PardeeTrustee
Trustee or director
3$0$0$0
Sandra J PattieTrustee- 12/22
Trustee or director
0$0$0$0
James A PurvianceTrustee
Trustee or director
0$0$0$0
Oliver QuinnTrustee- 12/22
Trustee or director
0$0$0$0
Isabella G RidallTrustee
Trustee or director
2$0$0$0
Sarah Schochet-HenkenTrustee
Trustee or director
0.5$0$0$0
Nancy D Schreiber MDTrustee
Trustee or director
0$0$0$0
Barbara van BeurenVice Chair
Trustee or director, Officer
0.5$0$0$0
Sharon Wood PrinceTrustee
Trustee or director
0$0$0$0
Peter K MarkellEVP & CFO
Officer
0.1$0$0$0

Address and contacts

Address (IRS master file)
11 FRIENDSHIP ST, NEWPORT, RI 02840-2209
Principal officer (990 for 2024)
Tenny Thomas MD, 11 Friendship Street, Newport, RI 02840
Signed the 990
Kevin Bickerstaff, Director of Finance
Phone
(401) 846-6400

Mission

NHF coordinates fundraising in support of comprehensive integrated health care services for the advancement and well-being of the southern Rhode Island community, in furtherance of the purposes of Newport Hospital.

990 for the year ended September 30, 2025

Program accomplishments

  • During fiscal year 2025, NHF transferred $4,613,160 in restricted funds to support projects such as the construction of the Newport Adolescent Behavioral Unit ($3.7M) and support of NH's Beyond the Building capital campaign.
    Expenses $4,613,160 · grants $4,613,160
  • During fiscal year 2025, NHF transferred $3,158,000 in unrestricted funds to NH to support operational needs of the organization.
    Expenses $3,158,000 · grants $3,158,000

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
22-2535533
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1985
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E122)
Assets (IRS master file)
$140,953,211
Income (IRS master file)
$44,698,390

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$13,621,185$9,233,364$140,953,211XML
990September 2024$17,246,563$8,196,819$133,079,352XML
990September 2023$8,141,137$8,649,388$116,918,552XML
990-TSeptember 2023–––IRS
990September 2022$553,718$9,869,829$110,508,543IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––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 22-2535533).

Questions about NEWPORT HOSPITAL FOUNDATION INC

What is the EIN of NEWPORT HOSPITAL FOUNDATION INC?
The employer identification number (EIN) of NEWPORT HOSPITAL FOUNDATION INC is 22-2535533.
Is NEWPORT HOSPITAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
Are donations to NEWPORT HOSPITAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEWPORT HOSPITAL FOUNDATION 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 NEWPORT HOSPITAL FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEWPORT HOSPITAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of NEWPORT HOSPITAL FOUNDATION INC?
The 990 for the year ended September 30, 2025 names Tenny Thomas MD.
Who are the officers and directors of NEWPORT HOSPITAL FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 26 people; 0 received compensation from the organization.
How much revenue does NEWPORT HOSPITAL FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $13,621,185, expenses of $9,233,364 and total assets of $140,953,211 at year end.

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