NORTHEAST HOSPITAL CORPORATION Charity Report

Public IRS 990 nonprofit record

NORTHEAST HOSPITAL CORPORATION

EIN 04-2121317 · Health Care (E220)

What they do

SEE SCHEDULE O

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders40 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

79.75%of revenue went to mission work86.7% of expenses · Program services

0.34%of revenue went to fundraising0.4% of expenses

$69.72spent for every $100 of revenueRevenue covered expenses this year.

11.87%of revenue went to management and office costs12.9% of expenses

$1.35in assets for every $1 spent this yearSome assets cannot be spent right away.

0.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $2,401,778 for ROWAN MICHAEL (TTEE(EXO)(CEO DESIG)EVP HOS&AMB BILH). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$537,440,417

Mission workProgram services$428,603,93879.75% of revenue86.7% of expenses

ManagementOffice and general costs$63,784,78811.87% of revenue12.9% of expenses

FundraisingAsking for donations$1,805,3870.34% of revenue0.4% of expenses

Revenue left after expensesReported annual surplus$43,246,3048.05% of revenueShown in gray on the chart

Total expenses$494,194,11391.95% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 86.7% mission · 12.9% management · 0.4% fundraisingTotal expenses: 91.95% of revenue

2022Expense mix: 88.8% mission · 11.2% management · 0.0% fundraisingTotal expenses: 94.90% of revenue

2021Expense mix: 87.3% mission · 12.6% management · 0.0% fundraisingTotal expenses: 90.62% of revenue

2020Expense mix: 86.7% mission · 13.2% management · 0.0% fundraisingTotal expenses: 91.30% of revenue

2019Expense mix: 88.5% mission · 11.3% management · 0.2% fundraisingTotal expenses: 88.82% of revenue

2018Expense mix: 86.9% mission · 12.8% management · 0.2% fundraisingTotal expenses: 92.19% of revenue

2017Expense mix: 86.5% mission · 13.2% management · 0.3% fundraisingTotal expenses: 92.60% of revenue

2016Expense mix: 85.5% mission · 14.2% management · 0.3% fundraisingTotal expenses: 89.30% of revenue

Money in and money out

Revenue$708,805,250

Expenses$494,194,113

Annual surplus $214,611,137 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$428,603,938 · 86.7% of expenses

Management and office costs$63,784,788 · 12.9% of expenses

Fundraising$1,805,387 · 0.4% of expenses

See all reported dollar amounts

Revenue$708,805,250

Expenses$494,194,113

Assets$669,589,890

Income$709,182,985

Contributions$1,742,727

Mission work (program services)$428,603,938

Fundraising$1,805,387

Grants given$7,299,360

Average grant$72,271

Management and general$63,784,788

Executive compensation (total)$1,209,781

Stocks and bonds$114,584,896

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ROWAN MICHAELTTEE(EXO)(CEO DESIG)EVP HOS&AMB BILH · 1 hrs/week $2,401,778Base · Other $2,401,778

TABB MD KEVINCEO (EX-OFF) (CEO, BILH) · 1 hrs/week $1,097,028Base · Other $1,097,028

SANDS TOMPRESIDENT & TRUSTEE (EX-OFFICIO) · 55 hrs/week $957,421Base $708,524 · Other $248,897

DOUMAS MD ALEXANDERTRUSTEE; CARDIOLOGIST · 55 hrs/week $576,926Base $514,238 · Other $62,688

HWANG JOSEPHCHIEF OPERATING OFFICER, NHC · 55 hrs/week $576,324Base $530,819 · Other $45,505

GENDREAU MD MARKSVP, CHIEF MEDICAL OFFICER, NHC · 55 hrs/week $527,542Base $490,969 · Other $36,573

PERRYMAN RN NE-BC KIMBERLYSENIOR VP, CNO, BEVERLY HOSPITAL · 55 hrs/week $487,992Base $454,831 · Other $33,161

GILLESPIE MD STEVENPSYCHIATRIST · 55 hrs/week $465,236Base $427,599 · Other $37,637

PEPPE MD JOSEPHPHYSICIAN, FAMILY MEDICINE · 55 hrs/week $448,122Base $433,553 · Other $14,569

ARGENTO MD VIVIANASSOCIATE CHIEF MEDICAL OFFICER · 55 hrs/week $436,116Base $397,774 · Other $38,342

OSAIGBOVO MONDAYREGISTERED NURSE · 55 hrs/week $328,996Base $305,763 · Other $23,233

REILLY TIMOTHYVP, HUMAN RESOURCES BUSINESS PARTNER · 55 hrs/week $313,595Base $279,133 · Other $34,462

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (40)

ROWAN MICHAELTTEE(EXO)(CEO DESIG)EVP HOS&AMB BILH

TABB MD KEVINCEO (EX-OFF) (CEO, BILH)

SANDS TOMPRESIDENT & TRUSTEE (EX-OFFICIO)

DOUMAS MD ALEXANDERTRUSTEE; CARDIOLOGIST

HWANG JOSEPHCHIEF OPERATING OFFICER, NHC

GENDREAU MD MARKSVP, CHIEF MEDICAL OFFICER, NHC

PERRYMAN RN NE-BC KIMBERLYSENIOR VP, CNO, BEVERLY HOSPITAL

GILLESPIE MD STEVENPSYCHIATRIST

PEPPE MD JOSEPHPHYSICIAN, FAMILY MEDICINE

ARGENTO MD VIVIANASSOCIATE CHIEF MEDICAL OFFICER

OSAIGBOVO MONDAYREGISTERED NURSE

REILLY TIMOTHYVP, HUMAN RESOURCES BUSINESS PARTNER

HENRIQUES ROBERTNURSE PRACTICIONER, PSYCHIATRY

ANDREE JASONVP, ADDISON GILBERT HOSPITAL

TARMEY MICHAELVP & ASSOC CNO, BEHAVIOR HEALTH, NHC

RIOS CINDYTREAS (EX-OFF) (EXEC VP & CFO, BILH)

DONALDSON CYNTHIA CFRMR VP ANCILL SVS,AGH/LAHEY DANVERS

BEAUMIER MBACPAMHA GREGORYASST TREAS (EX-OFF) & CFO

BOYD MD MARYTTEE; PHYS OBSTETRICS/GYNECOLOGY

CONNELLY CPA MBA MICHAELFRMR INT CFO & ASST TREAS (EX-OFF)

HEIT MD JEFFREYTTEE (EX-OFF) (PRES, MEDICAL STAFF)

SHORETT PETERTTEE(CEO DESIG) (SR EVP & COO, BILH)

KATZ ESQ JAMIECLERK (EX-OFF); GENERAL COUNSEL BILH

COSGROVE ESQ MEGASST CLERK (EXO) (SR ASSOC GC BILH)

GLASS ESQ HANNAHASST CLERK (ASST GEN COUNSEL, BILH)

TAYLOR MD HUGHTRUSTEE; PHYSICIAN, FAMILY MEDICINE

TRUJILLO CAROLINATRUSTEE

PAYSON JONATHANTRUSTEE

ONEILL MARY JANETRUSTEE

OFLYNN MD HUGHTRUSTEE

NARDELLA BRUCE FTRUSTEE & CHAIR

LUNDBERG PAULTRUSTEE & VICE CHAIR

JESSE SANDRATRUSTEE

IRWIN ROBERTTRUSTEE

GEORGE CHRISTOPHERTRUSTEE & VICE CHAIR

FURLONG CHARLESTRUSTEE

CARUCCI DEANTTEE (EXO) (BILH DIV PRES COMMUNITY)

BRADLEY MD ADRIENNETRUSTEE

BELL KARENTRUSTEE

AYLES ERICKATRUSTEE

About this charity

Recognized since: January 1934
Location: CO BILH TAX 529 MAIN ST 4TH FL, CHARLESTOWN, MA 02129-0000
County: Suffolk
In care of: % ACCOUNTING DEPT
Primary officer: RAFAEL HERNANDEZ, VP, BILH CORPORATE TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(978) 922-3000

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: DELOITTE TAX LLP
NTEE classification: Health Care (E220)
IRS tax category: General Medical and Surgical Hospitals
Grant-giving organization: Yes