Official Seal, Everything Is Broken (2026)

Everything Is Broken

Report No. 1 · Nonprofit Hospital Executive Pay vs Charity Care · Annual Report, 2026 edition

New Hampshire · Ranked 189 of 1033 by CEO pay.

Concord Hospital

Robert Steigmeyer, President & CEO, Member Ex-Officio. Fiscal year ending 2025-09.

$2.0M
CEO total compensation
Form 990 Part VII, columns D+E+F
0.45%
of expenses spent on charity care
Schedule H Part I line 7a
48.5%
CEO pay as a share of all charity care
Robert Steigmeyer’s pay of $2,016,109 equals 48.5 percent of the $4,155,336 the system spent on charity care in the same year.

§1The filing

Total revenue
$969,080,195
Total expenses
$921,525,154
Net assets
$770,972,069
Employees
6,778
Hospitals covered
3 facilities across 3 filings
Charity care, net
$4,155,336
Bad debt
$10,430,025
Medicare surplus (shortfall), as filed
($89,291,426)
CEO pay from the organization (Part VII col. D)
$1,665,954
From related organizations (col. E)
$0
Other compensation, including deferred pay and nontaxable benefits (col. F)
$350,155
CEO total compensation (D+E+F)
$2,016,109 to Robert Steigmeyer

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Concord Hospital, EIN 22-2594672, fiscal year ending 2025-09, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$103.6M Of which charity care to patients who could not pay (line 7a)$4.2M (4%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($10.4M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

§3Filings in this system

Filing entityEINFY endRevenueCharity care% of expensesFiling
Concord Hospital Inc22-25946722025-09$768.2M$3.2M0.47%990
Concord Hospital - Laconia85-14437822025-09$166.9M$783,8690.47%990
Concord Hospital - Franklin85-14331232025-09$34.0M$137,0450.47%990

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

§Share

Concord Hospital: CEO pay $2.0M, charity care 0.45% of expenses