LAHEY CLINIC HOSPITAL INC Charity Report

Public IRS 990 nonprofit record

LAHEY CLINIC HOSPITAL INC

EIN 04-2704686 · 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 $85.60 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 leaders51 people are listed in the latest report.

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

Money made simple

79.60%of revenue went to mission work85.6% of expenses · Program services

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

$84.85spent for every $100 of revenueRevenue covered expenses this year.

13.04%of revenue went to management and office costs14.0% of expenses

$0.54in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%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 $1,366,413 for MOFFATT-BRUCE MD PHD SUSAN (PRESIDENT & TRUSTEE). 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$1,228,137,032

Mission workProgram services$977,643,43779.60% of revenue85.6% of expenses

ManagementOffice and general costs$160,175,25313.04% of revenue14.0% of expenses

FundraisingAsking for donations$4,134,9570.34% of revenue0.4% of expenses

Revenue left after expensesReported annual surplus$86,183,3857.02% of revenueShown in gray on the chart

Total expenses$1,141,953,64792.98% 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: 85.6% mission · 14.0% management · 0.4% fundraisingTotal expenses: 92.98% of revenue

2022Expense mix: 87.3% mission · 12.2% management · 0.5% fundraisingTotal expenses: 93.69% of revenue

2021Expense mix: 87.2% mission · 12.8% management · 0.0% fundraisingTotal expenses: 98.61% of revenue

2020Expense mix: 88.9% mission · 11.1% management · 0.0% fundraisingTotal expenses: 93.98% of revenue

2019Expense mix: 86.9% mission · 13.1% management · 0.0% fundraisingTotal expenses: 93.40% of revenue

2018Expense mix: 82.8% mission · 17.2% management · 0.0% fundraisingTotal expenses: 89.82% of revenue

2017Expense mix: 79.4% mission · 20.6% management · 0.0% fundraisingTotal expenses: 93.50% of revenue

2016Expense mix: 81.1% mission · 18.9% management · 0.0% fundraisingTotal expenses: 98.04% of revenue

Money in and money out

Revenue$1,345,922,175

Expenses$1,141,953,647

Annual surplus $203,968,528 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)$977,643,437 · 85.6% of expenses

Management and office costs$160,175,253 · 14.0% of expenses

Fundraising$4,134,957 · 0.4% of expenses

See all reported dollar amounts

Revenue$1,345,922,175

Expenses$1,141,953,647

Assets$616,342,012

Income$1,346,931,806

Contributions$122,708

Mission work (program services)$977,643,437

Fundraising$4,134,957

Grants given$13,758,944

Average grant$136,227

Management and general$160,175,253

Executive compensation (total)$5,557,681

Stocks and bonds$42,349,982

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

MOFFATT-BRUCE MD PHD SUSANPRESIDENT & TRUSTEE · 55 hrs/week $1,366,413Base $1,142,266 · Other $224,147

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

STAIN MD STEVENCHAIR, SURGERY DEPARTMENT · 55 hrs/week $1,009,811Base $939,112 · Other $70,699

MOSENTHAL MD ANNETRUSTEE; CHIEF ACADEMIC OFFICER · 55 hrs/week $915,931Base $847,816 · Other $68,115

LIESCHING MD TIMOTHYSR. VP AND CHIEF MEDICAL OFFICER · 55 hrs/week $801,470Base $713,219 · Other $88,251

BENNETT KEVINFRMR ASST TREAS (EX-OFF) & CFO $757,399Base $535,325 · Other $222,074

KEITZ MD SHERICHAIR OF DEPARTMENT OF MEDICINE · 55 hrs/week $700,309Base $635,285 · Other $65,024

GALVIN RN MSN TRACY AFRMR SVP, CNO, LHMC $638,694Base $461,468 · Other $177,226

BACIARELLI RENATO VALINTERIM SVP, COO · 55 hrs/week $599,877

LEW JOHNVP, HUMAN RESOURCES BUSINESS PARTNER · 55 hrs/week $506,555Base $461,764 · Other $44,791

ROBINSON MPH MBA JASONVP HOSPITAL SVCS & ACADEMIC AFFAIRS · 55 hrs/week $459,269Base $396,618 · Other $62,651

BOWEN-BENITICH MBA BRIGITTEVP SURGICAL SERVICES · 55 hrs/week $435,633Base $405,496 · Other $30,137

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 (51)

MOFFATT-BRUCE MD PHD SUSANPRESIDENT & TRUSTEE

TABB MD KEVINTTEE & CEO (EX-OFF) (CEO, BILH)

STAIN MD STEVENCHAIR, SURGERY DEPARTMENT

MOSENTHAL MD ANNETRUSTEE; CHIEF ACADEMIC OFFICER

LIESCHING MD TIMOTHYSR. VP AND CHIEF MEDICAL OFFICER

BENNETT KEVINFRMR ASST TREAS (EX-OFF) & CFO

KEITZ MD SHERICHAIR OF DEPARTMENT OF MEDICINE

GALVIN RN MSN TRACY AFRMR SVP, CNO, LHMC

BACIARELLI RENATO VALINTERIM SVP, COO

LEW JOHNVP, HUMAN RESOURCES BUSINESS PARTNER

ROBINSON MPH MBA JASONVP HOSPITAL SVCS & ACADEMIC AFFAIRS

BOWEN-BENITICH MBA BRIGITTEVP SURGICAL SERVICES

SENARIAN EMILYVP MED SVCS & AMBULATORY PERFORMANCE

SACKOS TARARAPID RESPONSE, REGISTERED NURSE

CANTRELL PAULVP, PLANNING, DESIGN, & CONSTRUCTION

CIRINO EILEENLEAD PHYSICIST, TREATMT PLAN, RADONC

STAPLETON MD THOMASCHIEF PERFUSION CARDIOTHORACIC SURG

KILLILEA ANNPATIENT FLOW COORDINATOR

WALEYKO GENOVAITEREGISTERED NURSE, TERTIARY CARE

FANTASIA MSN RN LESLEYINTERIM CHIEF NURSING OFFICER

CONNELLY CPA MBA MICHAELASST TREAS (EX-OFF) & CFO

RIOS CINDYTREAS (EXECUTIVE VP & CFO, BILH)

JOHNSON MD MS FACP ELIZABETHPRES, BILH PRIMARY CARE NETWORK

BRAMS MD DAVIDTRUSTEE (PRESIDENT, MEDICAL STAFF)

MARX MD JEFFREY LFRMR INTERIM CHAIR, DEPT OF MEDICINE

ROSENBLATT MD MICHAEL SFORMER CMO HOSPITAL

CREIGHTON MD MALCOLMHOSP BASED SVCS & EMERG MED CHAIR

HUNTER MD ALICE ATRUSTEE; ORTHOPAEDIC SURGEON

SRINIVASAN MD JAYASHRITRUSTEE; DIVISION CHAIR NEUROLOGY

MOURTZINOS MD ARTHUR PTRUSTEE; UROLOGIST

AQUINO MD PATRICKTTEE; LCI DIVISION CHAIR, PSYCHIATRY

SHORETT PETERTTEE (SR EXECUTIVE VP & COO, BILH)

WINGER MD CHRISTINETRUSTEE, PHYSICIAN

SORCINI MD ANDREA PTRUSTEE; MSA PRESIDENT AND UROLOGIST

KATZ ESQ JAMIECLERK; GENERAL COUNSEL, BILH

CRAWFORD MD BETSEYTTEE; PHYSICIAN, INTERNAL MEDICINE

DAGOSTINO MD RICHARD STRUSTEE, PHYSICIAN

TABERNER MIKAELAASST CLERK (ASSOC GC, BILH)

LONGWORTH MD DAVIDFRMR TTEE (EX-OFF) & PRES

FINK JOHANNATRUSTEE

ALEXANDER PAULTRUSTEE

DECOSTE PAMELATRUSTEE

EDMONDS JANE CTRUSTEE & CHAIR

MCARDLE JOANTRUSTEE

SCHMERGEL GREGTRUSTEE

HO WILLIAMTRUSTEE

LAFRENIERE LAWRENCETRUSTEE

ROBINS SHANNONTRUSTEE

REYNOLDS MARYTRUSTEE

PONTE PATRICIA REIDTRUSTEE

NORDBLOM PETER CTRUSTEE

About this charity

Recognized since: January 1994
Location: CO BILH TAX 529 MAIN ST 4TH FL, CHARLESTOWN, MA 02129-0000
County: Suffolk
In care of: % TIMOTHY OCONNOR
Primary officer: RAFAEL HERNANDEZ, VP, BILH CORPORATE TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(781) 744-5100

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