Sturdy Memorial Foundation Annual Meeting Held
Year-End Results Reported, Community Leaders Named To Foundation
Attleboro, MA, January 14, 2020 – Sturdy Memorial Foundation, Inc., the not-for-profit parent organization of Sturdy Memorial Hospital and Sturdy Memorial Associates, held its annual meeting last evening at the Hospital. The agenda included the recognition of two Board members; Robert Thresher, was thanked for his four years of service as Chair
of the Board of Directors, – he will remain on the Board; and Steven Frank DO, who has served on the Board for the past four years.
John Korona, is slated to become the next Chair of the Board of Directors, pending a formal vote to be taken at the January Board of Directors Meeting. Roger Forman was elected to the Board. In addition, six 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 34th consecutive year. The Hospital's bottom line attributable to current year operations for FY2019 was $3,736,969. This is after adjustments were made to account for changes in rules related to pension expense(s). Operating expenses for the year totaled $198,127,796 million, which included $6.5 million in uncompensated care for services provided to those who could not or would not pay.
In his annual report , President and Chief Executive Officer, Joseph Casey highlighted several of the Hospital’s accomplishments in fiscal year 2019 and thanked the organization’s staff and supporters for their contributions to the fiscal year’s success.
2020 New Members of the Sturdy Memorial Foundation
Sharon Mullane, MD
Established on April 14, 1913, Sturdy Memorial Hospital is an independent, full-service, not-for-profit, acute care community hospital, serving southeastern Massachusetts and nearby Rhode Island.