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.
In care of Accounting DEPT
Donations are tax-deductible
Category
Other
Employees
2,952
Volunteers
118
Financial Snapshot
FY ending 2024-09-30
Revenue
$537.4M
Expenses
$494.2M
Assets
$517.3M
Liabilities
$170.8M
Financial history
$537.4M$268.7M$0
161718192021222324
RevenueExpenses
Latest FY2024: $537.4M · Avg: $423.2M
Foreign activity (Schedule F)
Total spent abroad$4.0M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
Region
Activity
Spent
CENTRAL AMERICA AND THE CARIBBEAN
—
—
EUROPE (INCLUDING ICELAND & GREENLAND)
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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
$77K
Grants Given
$232K
NORTHEAST HOSPITAL CORPORATION
Your actions
Address
85 Herrick ST
Beverly, MA, 01915-179
Governance
Voting board members19
Independent members14
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 %0.0%
Permanent endowment %41.0%
Endowment held by related orgNo
Fundraising activity (Schedule G)
Uses professional fundraisersYes
Net to org-$47K
Retained by contractors$47K
ChannelsMail · Phone · Email · In-person · Grant solicitation