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Filing year 2024

WATERBURY HOSPITAL FOUNDATION

Waterbury, Connecticut·EIN 83-2947453·NTEE E11 · Health Care·501(c)(3)
Total revenue
$951k
Total assets
$17.3M
Total expenses
$333k
Reported officers
11
Mission

THE FOUNDATION FACILITATES EQUITABLE ACCESS TO HEALTHCARE SERVICES FOR THE GREATER WATERBURY COMMUNITY. OUR FOUNDING PRINCIPLES ARE TO PROVIDE FOR THE HEALTHCARE NEEDS (INCLUDING MEDICAL EQUIPMENT AND EXPENSES) OF THE 13-TOWN GREATER WATERBURY COMMUNITY; TO PROTECT AND STEWARD CHARITABLE ASSETS; TO SUPPORT AND ENGAGE IN COMMUNITY PROJECTS, GRANTS, ACTIVITIES AND PROGRAMS THAT IMPROVE ACCESS TO HEALTHCARE AND ENHANCE THE HEALTH OF GREATER WATERBURY'S COMMUNITY, INCLUDING PREVENTATIVE HEALTH PROGRAMS; AND TO PROVIDE HEALTH EDUCATION AND TRAINING OF HEALTHCARE PROVIDERS AND EDUCATORS IN THE COMMUNITIES.

Executive compensation

Form 990 · Part VII & Schedule J · 3 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Health Care organizations in Connecticut.

President & CEO (as of 06/24)
10th to 25th percentile
$27k
$30k
President & CEO (until 06/24)
10th to 25th percentile
$25k
$27k
Director of Finance & Admin
Below 10th percentile
$22k
$24k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at WATERBURY HOSPITAL FOUNDATION equaled 8% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2024)
8%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 31%
from 2023

From $40k in 2023 to $27k in 2024.

$40k
2023
$27k
2024
In today's dollarsEst.
Down 33% in real terms$45k to $30k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay fell 31% from 2023 to 2024, while revenue fell 67%.

$40k in 2023 to $27k in 2024.
  • Chief Financial Officer pay rose 46% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about WATERBURY HOSPITAL FOUNDATION

What does the Chief Executive Officer of WATERBURY HOSPITAL FOUNDATION earn?

In 2024, the Chief Executive Officer of WATERBURY HOSPITAL FOUNDATION received $27,454 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among Health Care organizations in Connecticut, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at WATERBURY HOSPITAL FOUNDATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Connecticut, the 2024 pay of the Chief Executive Officer at WATERBURY HOSPITAL FOUNDATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at WATERBURY HOSPITAL FOUNDATION equaled 8% of the organization's total expenses. The median for health care organizations is 4%.

What are WATERBURY HOSPITAL FOUNDATION's revenue and expenses?

In 2024, WATERBURY HOSPITAL FOUNDATION reported $951k in total revenue and $333k in total expenses on its IRS Form 990.

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