Sturdy Memorial Foundation Annual Meeting Reporting 2016
ATTLEBORO, MA – Sturdy Memorial Foundation, Inc., the not-for-profit parent organization of Sturdy Memorial Hospital, held its annual meeting last evening at Highland Country Club in Attleboro. The agenda included the recognition of two Board members whose terms were completed; Board of Directors Chair Donna Kimmel, who has been a member of the Board for seven years, and Mark Young, MD, who has served on the Board for the past four years.
Robert Threser, CPA, who is a partner with Castro, Thresher, and Oliveira, PC, was elected as the next Chair of the Board of Directors, at the January Board of Directors Meeting. Two new Board members were elected – Marco Arismendi and Ted Dion. In addition, eight members of the community were elected to the Foundation.
Members and guests attending the meeting were told that the Hospital had maintained its positive financial status for the 30th consecutive year. The Hospital's bottom line from current year operations was $10,080,910. Operating expenses for the year totaled $153.8 million, which included $4.9 million in uncompensated care for services provided to those who could not or would not pay.
In his second annual report as President and Chief Executive Officer, Dr. Bruce Auerbach highlighted noteworthy Hospital accomplishments from Fiscal Year 2015. He noted that Sturdy is well-positioned to respond to the always evolving changes in health care and that the Hospital is financially secure due to years of fiscal responsibility. He also expressed gratitude to the organization’s staff and supporters for their contributions to the fiscal year’s success, and conveyed great satisfaction at being able to provide area residents with excellent, high quality health care.
2016 New Members of the Sturdy Memorial Foundation
Gregg L. Hansen
Bettyann McKenzie, Esq.