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EMERSON HEALTH CARE FOUNDATION INC

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Public IRS 990 nonprofit record

EMERSON HEALTH CARE FOUNDATION INC

EIN 04-2770980 · Health Care (E32Z)

What they do

EMERSON HEALTH CARE FOUNDATION INC PROVIDES PHILANTHROPIC RESOURCES to ASSIST EMERSON HEALTH SYSTEM, INC and EMERSON HOSPITAL IN FULFILLING THEIR MISSION of IMPROVING THE HEALTH STATUS of THE PEOPLE IN THE COMMUNITIES IT SERVES. THROUGH THE ON-GOING CULTIVATION of RELATIONSHIPS, THE FOUNDATION LEADERSHIP WILL STRIVE to CREATE THE WILLINGESS AS WELL AS THE MEANS THROUGH WHICH EMERSON HOSPITALS CONSTITUENTS WILL FINANCIALLY SUPPORT THE FACILITY, EQUIPMENT, OPERATIONAL, EDUCATIONAL and PROGRAMMATIC NEEDS of THE HOSPITAL. THE FOUNDATION WILL STRIVE CONTINUALLY to EXPAND THE BASE of ANNUAL PHALANTHROPIC SUPPORT and BUILD AN ENDOWMENT to ENSURE THE COMMUNITYS FUTURE HEALTH CARE NEEDS.

Before you give

Should I give to this charity?

Easy charity check
The spending raises an important question

Of every $100 spent, about $0.00 was reported for mission work and $100.00 for fundraising. Understand this before you give.

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 charity tells us what it is trying to do.

They name their leaders31 people are listed in the latest report.

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

Money made simple

17.74%of revenue went to fundraising100.0% of expenses
$14.10spent for every $100 of revenueRevenue covered expenses this year.
$26.67in assets for every $1 spent this yearSome assets cannot be spent right away.
78.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. 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 $313,345 for CHRISTINE C SCHUSTER (PRESIDENT AND CEO). 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.

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$6,198,981
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations$1,100,00017.74% of revenue100.0% of expenses
Revenue left after expensesReported annual surplus$5,098,98182.26% of revenueShown in gray on the chart
Total expenses$1,100,00017.74% of revenue

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

Pause before giving. This filing reports that 100.0% of spending went to fundraising and 0.0% went to mission work. Ask the charity to explain these numbers and show recent results.

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: 0.0% mission · 0.0% management · 100.0% fundraisingTotal expenses: 17.74% of revenue
2022Expense mix: 0.0% mission · 0.0% management · 100.0% fundraisingTotal expenses: 25.96% of revenue
2021Expense mix: 47.9% mission · 0.0% management · 52.1% fundraisingTotal expenses: 21.74% of revenue
2020Expense mix: 45.3% mission · 0.0% management · 54.7% fundraisingTotal expenses: 47.84% of revenue
2019Expense mix: 24.0% mission · 0.0% management · 76.0% fundraisingTotal expenses: 21.00% of revenue
2018Expense mix: 64.4% mission · 0.0% management · 35.6% fundraisingTotal expenses: 81.87% of revenue
2017Expense mix: 0.0% mission · 0.0% management · 100.0% fundraisingTotal expenses: 54.64% of revenue
2016Expense mix: 0.0% mission · 0.0% management · 100.0% fundraisingTotal expenses: 45.57% of revenue

Money in and money out

Revenue$7,803,932
Expenses$1,100,000
Annual surplus $6,703,932 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.

Fundraising$1,100,000 · 100.0% of expenses
See all reported dollar amounts
Revenue$7,803,932
Expenses$1,100,000
Assets$29,331,831
Income$7,899,423
Contributions$6,121,371
Fundraising$1,100,000
Grants given$3,711,898
Average grant$927,975
Executive compensation (total)$334,920
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
CHRISTINE C SCHUSTERPRESIDENT AND CEO · 4 hrs/week $313,345Base · Other $313,345
KARL F KUSSINCHIEF PHILANTHROPY OFFICER · 50 hrs/week $50,516Base · Other $50,516
DAVID LAUTZ MDPHYSICIAN $39,572Base · Other $39,572
JENNIFER NAYOR MDPHYSICIAN $39,572Base · Other $39,572
ARTHUR LEE MDPHYSICIAN $33,354Base · Other $33,354
MARK MOSCHELLA MDPHYSICIAN $33,354Base · Other $33,354
DAVID KAHAN MDPHYSICIAN $5,300Base · Other $5,300

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 (31)

CHRISTINE C SCHUSTERPRESIDENT AND CEO

KARL F KUSSINCHIEF PHILANTHROPY OFFICER

DAVID LAUTZ MDPHYSICIAN

JENNIFER NAYOR MDPHYSICIAN

ARTHUR LEE MDPHYSICIAN

MARK MOSCHELLA MDPHYSICIAN

DAVID KAHAN MDPHYSICIAN

KIMBERLY PATENAUDEDIRECTOR

WILLIAM P BOGER III MDDIRECTOR

LIZA CAREYDIRECTOR

LYNN MARTINDIRECTOR

MARGARET OBRIEN BERNHARDTDIRECTOR

PHILIP S LOTANEDIRECTOR

ROBERT B SEGALDIRECTOR

SANDRA A SCHELZISECRETARY

SARA WILSONDIRECTOR

STEPHEN W CARRDIRECTOR

THOMAS VALLEDIRECTOR

ANDREW J SOHNDIRECTOR

KENNETH ANDERSON JRTREASURER

KAREN MCGINNDIRECTOR

JOSHUA M NELSONVICE CHAIR

JILL STANSKYDIRECTOR

JEFFREY S CAMPBELLDIRECTOR

JACK MACKEENDIRECTOR

GLORIA L CLOUGHDIRECTOR

DENISE HAARTZDIRECTOR

DEBORAH A GREENE MDDIRECTOR

DANNY COSTADIRECTOR

CHARLES A DENAULTCHAIR

BENJAMIN MATYSDIRECTOR

About this charity

Recognized since
January 1983
Location
OLD ROAD TO NINE ACRE CORNER, CONCORD, MA 01742-0000
County
Middlesex
In care of
SCOTT KOSOWICZ
Primary officer
SCOTT KOSOWICZ, INTERIM CHIEF FINANCIAL OFFICER

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
October 1, 2023
Return type
990
Tax preparer
E J CALLAHAN & ASSOCIATES LLC
NTEE classification
Health Care (E32Z)
IRS tax category
All Other Outpatient Care Centers
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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