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Melrosewakefield Healthcare INC

Public charity990-T FY2023
Other · MEDFORD, MA · EIN 04-2767880

About

To operate hospitals on two campuses (one with 24 hour ER services) along with a hospital school of nursing. Melrosewakefield healthcare provides inpatient and outpatient medical care and ancillary medical services and testing.

Donations are tax-deductible
Category
Other
Employees
2,158
Volunteers
242

Financial Snapshot

FY ending 2024-09-30
Revenue
$267.6M
Expenses
$280.6M
Assets
$207.2M
Liabilities
$81.4M

Financial history

$336.3M$168.2M$0
161718192021222324
RevenueExpenses
Latest FY2024: $267.6M · Peak FY2023: $336.3M · Avg: $270.6M
MELROSEWAKEFIELD HEALTHCARE INC
Your actions

Address

170 Governors AVE
Medford, MA, 02155-164

Governance

Voting board members16
Independent members11
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

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

Financial detail (Schedule D)

Board-designated %0.0%
Permanent endowment %74.1%
Endowment held by related orgNo
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 ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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