Sturdy Memorial Foundation Annual Meeting Held; Year-End Results Reported, Community Leaders Named To Foundation
Sturdy Memorial Foundation, Inc., the not-for-profit parent organization of Sturdy Memorial Hospital and Sturdy Memorial Associates, held its annual meeting at the Hospital. The agenda included the recognition of long standing Board member, Catherine White, whose Board term has concluded. White has been a Foundation member since 2001, served as Chairperson of the Planning Committee, and served as a member of the Board of Managers of the Hospital, the Board of Directors of the Foundation, as well as Chairperson and Treasurer of SHV Board of Directors. One new Board member was elected - Colleen McGahan, Esq., attorney at Coogan, Smith, McGahan, Lorince, Jacobi, & Shanley LLP in Attleboro.
Six members of the community were elected to the Foundation - Cathleen DeSimone,Kate Mangiaratti Hynes,Domenic Longobardi, Reynold Spadoni,Michael Tamburro, and William Vernon.
Members and guests attending the meeting were told that the Hospital maintained its positive financial status for the 33rd consecutive year. The bottom line attributable to the current year operations for the Foundation, including the Hospital and Associates for fiscal year 2018, was $5,357,461. Operating expenses for the year totaled $235,255,379. The Hospital delivered $5.7 million in uncompensated care for services provided to those who could not or would not pay.
In his first annual report as President and Chief Executive Officer, Joseph Casey highlighted several of the Hospital's accomplishments in fiscal year 2018 and thanked the organization's staff and supporters for their contributions to the year's success.