IRS 990 Nonprofit Profile

Northeast Hospital Corporation

Centering on a concept and continuum of care that embraces the health, well-being and dignity of each patient, regardless of their ability to pay, northeast hospital corporation (nhc) has four facilities, beverly hospital, addison gilbert hospital, lahey outpatient center, danvers and bayridge hospital and is founded on the concepts of quality, caring and community. Together, these institutions are dedicated to providing the highest quality, patient-centered medical care for massachusetts' north shore and cape ann residents. Centering on a concept and continuum of care that embraces the health, well-being and dignity of each patient, regardless of their ability to pay, northeast hospital corporation (nhc) has four facilities, beverly hospital, addison gilbert hospital, lahey outpatient center, danvers and bayridge hospital and is founded on the concepts of quality, caring and community. Together, these institutions are dedicated to providing the highest quality, patient-centered medical care for massachusetts' north shore and cape ann residents. During the fiscal period covered by this filing, beth israel lahey health (bilh) served as the sole member of anna jaques hospital (ajh), beth israel deaconess medical center, inc. (bidmc), mount auburn hospital (mah), new england baptist hospital (nebh), beth israel deaconess hospital -- milton, inc. (milton), beth israel deaconess hospital -- needham, inc. (needham), beth israel deaconess hospital -- plymouth, inc. (plymouth), lahey health shared services (lhss), lahey clinic foundation (lcf), winchester hospital (winchester), northeast hospital corporation (nhc) which includes beverly, addison gilbert and bayridge hospitals, northeast behavioral corporation (nbhc), the beth israel lahey health performance network (bilhpn), exeter health resources inc. (ehri) and the beth israel lahey health pharmacy. The lahey clinic foundation in turn served as the sole member of lahey clinic inc, and lahey clinic hospital d/b/a lahey hospital and medical center (lhmc) and exeter health resources inc served as the sole member of exeter hospital. Each of the entities listed here may have also, in turn, served as member to other network affiliates. Bilh is an integrated health care system committed to expanding access to extraordinary patient care across eastern massachusetts and southern new hampshire and advancing the science and practice of medicine through groundbreaking research and education. The bilh system is comprised of academic and teaching hospitals, a premier orthopedics hospital, primary care and specialty care providers, ambulatory surgery centers, urgent care centers, community hospitals, homecare services, outpatient behavioral health centers and addiction treatment programs. Bilh's community of clinicians, caregivers and staff includes approximately 4,700 physicians and 39,000 employees.

Financials

Filing year
2023
Total revenue
$537.4M
Total expenses
$494.2M
Total assets
$517.3M
Program expenses
$428.6M
Administration
$63.8M
Fundraising
$1.8M
Program share of expenses
87%
EIN
42121317
Sector
Health
Location
Charlestown, MA

Leadership and Compensation

Tabb MD Kevin - CEO (ex-off) (ceo, Bilh)
$5.4M
Rowan Michael - Ttee(exo)(ceo Desig)evp Hos&amb Bilh
$4.7M
Rios Cindy - Treas (ex-off) (exec VP & Cfo, Bilh)
$1.7M
Shorett Peter - Ttee(ceo Desig) (sr EVP & Coo, Bilh)
$1.6M
Katz Esq Jamie - Clerk (ex-off); General Counsel Bilh
$1.3M
Sands Tom - President & Trustee (ex-officio)
$957K
Heit MD Jeffrey - Ttee (ex-off) (pres, Medical Staff)
$617K
Doumas MD Alexander - Trustee; Cardiologist
$577K
Hwang Joseph - Chief Operating Officer, Nhc
$576K
Gendreau MD Mark - Svp, Chief Medical Officer, Nhc
$528K

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
19
Independent members
14

Grants

Grants to U.S. organizations and individuals
$232K

WWW.BEVERLYHOSPITAL.ORG

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Financial data on this page is sourced from IRS Form 990 filings.