Harvard Medical Faculty Physicians at Beth Israel Deaconess Medical Center Inc
Nonprofit profile at a glance
- EIN
- 222768204
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Boston, MA, USA
- Phone
- 7817448924
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Health Treatment Facilities, Primarily Outpatient
Reported finances
- Revenue
- $809,798,771
- Expenses
- $790,918,880
- Assets
- $461,433,423
- Liabilities
- $236,920,431
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
34 people listed
Executive titles in this filing
- KIMBALL MD MPH ALEXA B (DIR (EX-OFF), PRES & CEO)
Highest reported compensation
- KHABBAZ MD KAMAL R (THORACIC AND CARDIAC SURGEON): $1,690,721 total reported compensation
- HEALY PETER (DIR EX-OFF; PRES, BIDMC/METRO BOSTON): $1,458,130 total reported compensation
- CHAIKOF MD PHD ELLIOT L (DIR (EXOFF)/SURG CHR; BIDMC SURG CHF): $1,361,482 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o.
What it reported doing in 2024
Patient services - see schedule o
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 76
- Accountability: 56
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 96
- Program expense ratio: 97.9%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: 82.7%; rating input score 83; 18th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 25%; rating input score 25; 10th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.3%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.51; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 2.3%; rating input score 49; 49th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 4.4% per year; rating input score 100; 37th percentile among comparable filings
- Asset growth: 7.2% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 97.9% of spending went to programs
- Governance: 6 of 24 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $774.4M in reported program spending
- Leadership: top reported pay $1.7M · 34 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $250.4M reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, foreign activity, grants, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 29 filed money-flow records
- Related organizations: 82 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 25/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
- Moderate — Sustainability: Officer compensation ratio scored 49/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.