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Lahey Clinic Hospital INC

Public charity990-T FY2023
DBA: % TIMOTHY OCONNOR
Other · BURLINGTON, MA · EIN 04-2704686

About

Lahey clinic (LC) provides the highest quality interdisciplinary and coordinated patient care leading to the BEST possible outcomes and experiences for every patient, advancing medicine through research and educating tomorrow's health care leaders. Lahey clinic also promotes health and wellness in partnership with the diverse communities served. Lahey clinic accomplishes these missions in conjunction with the lahey clinic hospital d/b/a lahey hospital & medical center and the BETH israel lahey health (BILH) network of affiliates as described further in this form 990. 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.

In care of Timothy Oconnor

Donations are tax-deductible
Category
Other
Employees
5,927
Volunteers
164

Financial Snapshot

FY ending 2024-09-30
Revenue
$1.2B
Expenses
$1.1B
Assets
$627.0M
Liabilities
$255.9M

Financial history

$1.2B$614.1M$0
161718192021222324
RevenueExpenses
Latest FY2024: $1.2B · Avg: $1.1B

501(h) election

This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.

Political & Grant Activity

Campaign Spending
Lobbying
$113K
Grants Given
$1.1M
LAHEY CLINIC HOSPITAL INC
Your actions

Address

41 MALL RD
Burlington, MA, 01805-000

Governance

Voting board members24
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %100.0%
Endowment held by related orgNo

Fundraising activity (Schedule G)

Uses professional fundraisersYes
Net to org-$127K
Retained by contractors$127K
ChannelsMail · Phone · Email · In-person · Grant solicitation
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
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