Totals
- Total revenue
- $358,675,417
- Total expenses
- $367,286,794
- Contributions and grants received
- $955,366
- Grants paid
- $0
- Program service revenue
- $336,180,825
- Investment income
- -$150,200
- Other revenue
- $21,689,426
- Total assets, end of year
- $293,341,738
- Total liabilities, end of year
- $201,377,234
- Net assets or fund balances, end of year
- $91,964,504
- Program services expenses (Part IX)
- $333,821,125
- Management and general expenses
- $33,465,669
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $333,821,125
Program services were 90.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$955,366
-
2a · Program service revenue: NET PATIENT REVENUE
total $336,180,825 · related or exempt $336,180,825
-
3 · Investment income
total $47,293 · excluded $47,293
-
6a · Gross rents
real property $539,276
-
6b · Less rental expenses
real property $174,090
-
6c · Rental income or loss
real property $365,186
-
6d · Net rental income or loss
total $365,186 · unrelated business $365,186
-
7b · Less cost or other basis and sales expenses
other assets $197,493
-
7c · Gain or loss
other assets -$197,493
-
7d · Net gain or loss
total -$197,493 · related or exempt -$197,493
-
11a · Other revenue: CAFETERIA AND OTHER
total $19,534,841 · related or exempt $19,534,841
-
11b · Other revenue: LAB SERVICES
total $1,729,451 · unrelated business $1,729,451
-
11c · Other revenue: GAIN ON SWAP
total $59,948 · excluded $59,948
-
11e · Other revenue, total
$21,324,240
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $9,243,623 · program services $7,857,080 · management and general $1,386,543
-
7 · Other salaries and wages
total $168,711,054 · program services $168,711,054
-
8 · Pension plan contributions
total $3,449,625 · program services $3,449,625
-
9 · Other employee benefits
total $14,840,730 · program services $2,264,512 · management and general $12,576,218
-
10 · Payroll taxes
total $10,617,979 · program services $10,617,979
-
11a · Fees: management
total $26,452,384 · program services $22,141,424 · management and general $4,310,960
-
11b · Fees: legal
total $976,607 · program services $976,607
-
11c · Fees: accounting
total $474,792 · program services $213,000 · management and general $261,792
-
12 · Advertising and promotion
total $2,431,938 · program services $2,431,938
-
13 · Office expenses
total $457,397 · program services $420,577 · management and general $36,820
-
16 · Occupancy
total $17,674,924 · program services $13,269,390 · management and general $4,405,534
-
17 · Travel
total $687,759 · program services $586,184 · management and general $101,575
-
20 · Interest
total $1,722,111 · program services $1,722,111
-
22 · Depreciation, depletion and amortization
total $11,348,642 · program services $11,348,642
-
23 · Insurance
total $2,477,876 · program services $2,477,876
-
24a · Other expenses: SUPPLIES
total $64,514,193 · program services $63,742,628 · management and general $771,565
-
24b · Other expenses: MISCELLANEOUS
total $14,940,389 · program services $14,356,466 · management and general $583,923
-
24c · Other expenses: REPAIRS & MAINTENANCE
total $11,780,985 · program services $2,750,246 · management and general $9,030,739
-
24d · Other expenses: BILLING COLLECTION
total $4,483,786 · program services $4,483,786
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1 · end of year $0
-
2 · Savings and temporary cash investments
beginning of year $60,968,239 · end of year $39,632,745
-
4 · Accounts receivable
beginning of year $33,409,684 · end of year $39,556,280
-
7 · Other notes and loans receivable
beginning of year $3,327,984 · end of year $3,011,396
-
8 · Inventories for sale or use
beginning of year $6,126,653 · end of year $5,458,307
-
9 · Prepaid expenses and deferred charges
beginning of year $8,832,149 · end of year $10,325,499
-
10a · Land, buildings and equipment: cost or other basis
$350,131,857
-
10b · Land, buildings and equipment: accumulated depreciation
$228,102,198
-
10c · Land, buildings and equipment, net
beginning of year $125,257,772 · end of year $122,029,659
-
12 · Investments: other securities
beginning of year $13,563,314 · end of year $14,302,864
-
13 · Investments: program-related
beginning of year $10,614,510 · end of year $11,361,116
-
15 · Other assets
beginning of year $0 · end of year $47,663,872
-
17 · Accounts payable and accrued expenses
beginning of year $45,244,565 · end of year $41,818,049
-
20 · Tax-exempt bond liabilities
beginning of year $47,656,334 · end of year $45,003,245
-
23 · Secured mortgages and notes payable
beginning of year $29,411,593 · end of year $48,886,872
-
25 · Other liabilities
beginning of year $41,150,049 · end of year $65,669,068
-
27 · Net assets without donor restrictions
beginning of year $89,091,312 · end of year $80,121,740
-
28 · Net assets with donor restrictions
beginning of year $9,546,453 · end of year $11,842,764
Mission and programs · 2022
Mission
THE MISSION OF EMERSON HOSPITAL IS TO DELIVER HIGH QUALITY, SAFE AND COST-EFFECTIVE CARE TO OUR PATIENTS AND TO MAINTAIN A PROFESSIONAL AND RESPECTFUL ENVIRONMENT FOR ALL MEMBERS OF THE EMERSON HOSPITAL COMMUNITY. WE DEFINE HIGH QUALITY AS MEETING OR EXCEEDING THE REQUIREMENTS OF OUR CUSTOMERS: PATIENTS, PHYSICIANS, EMPLOYEES, THE COMMUNITY AND PAYERS.
Activities or mission (Part I)
EMERSON HOSPITAL IS AN ACUTE CARE NON PROFIT COMMUNITY HOSPITAL THAT OFFERS A WIDE RANGE OF MEDICAL, SURGICAL AND SPECIALTY CARE TO APPROXIMATELY 300,000 INDIVIDUALS IN 25 TOWNS.
-
EMERSON HOSPITAL IS AN 199-BED ACUTE CARE NON-PROFIT COMMUNITY HOSPITAL THAT PROVIDES SERVICES TO INPATIENTS. THE FACILITY INCLUDES THE FOLLOWING UNITS: THREE MEDICAL/SURGICAL UNITS, A LOCKED BEHAVIORAL HEALTH UNIT, A LOCKED MATERNITY/OBSTETRICS UNIT, A CRITICAL CARE UNIT, A SHORT TERM REHABILITATION TRANSITIONAL CARE UNIT, A PEDIATRICS UNIT AND A SPECIAL CARE NURSERY. EMERSON HOSPITAL SERVED 7,115 INPATIENTS AND 2,405 OBSERVATION PATIENTS FOR A TOTAL OF 38,095 PATIENT DAYS.
Expenses $89,591,450 · Revenue $90,224,750
-
EMERSON HOSPITAL IS AN ACUTE CARE NON-PROFIT COMMUNITY HOSPITAL THAT PROVIDES A VARIETY OF SERVICES ON AN OUTPATIENT BASIS. EMERSON PERFORMED 11,043 PROCEDURES ON OUTPATIENTS DURING THE FISCAL YEAR ENDING SEPTEMBER 30, 2023 IN ADDITION, THE HOSPITAL ALSO HAD 34,372 EMERGENCY DEPARTMENT VISITS AND 104,188 REHABILITATION SERVICE VISITS.
Expenses $241,201,488 · Revenue $242,906,482
-
EMERSON HOSPITAL PROVIDES HOMECARE SERVICES. HOME CARE IS AVAILABLE 24 HOURS PER DAY AND 7 DAYS PER WEEK TO HOMEBOUND PATIENTS OF ALL AGES. PRIMARY HOMECARE SERVICES INCLUDE PROFESSIONAL NURSES WHO DELIVER MEDICAL CARE AS ORDERED BY PHYSICIANS, REHABILITATION PROFESSIONALS WHO WORK WITH PATIENTS TO RESTORE FUNCTION AND INDEPENDENCE AND HOME HEALTH AIDES WHO ASSIST WITH PERSONAL CARE TASKS. FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2023 EMERSON HOSPITAL SAW 1,749 NEW HOMECARE PATIENTS AND PERFORMED 18,241 HOMECARE VISITS.
Expenses $3,028,187 · Revenue $3,049,593
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Paul BirchPAUL BIRCH
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 8 + 1 related
-
John BoyntonJOHN BOYNTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 6 + 1 related
-
Jeff CampbellJEFF CAMPBELL
TREASURER
- Total calculated
- $0
- Hours/week
- 7 + 5 related
-
Richard ChurchillRICHARD CHURCHILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 7 + 1 related
-
Gloria CloughGLORIA CLOUGH
PRESIDENT
- Total calculated
- $0
- Hours/week
- 14 + 5 related
-
Eileen Deignan MDEILEEN DEIGNAN MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 6 + 1 related
-
James DigiovanniJAMES DIGIOVANNI
SECRETARY
- Total calculated
- $0
- Hours/week
- 8 + 1 related
-
Rose Ann GiordanoROSE ANN GIORDANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 6 + 1 related
-
John HicklingJOHN HICKLING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 7 + 1 related
-
David Lautz MDDAVID LAUTZ MD
DIRECTOR
- Total calculated
- $1,578,081
- From this org
- $0
- From related orgs
- $1,541,659
- Other
- $36,422
- Hours/week
- 39 + 1 related
Schedule J breakdown matched by us
- Base
- $0 + $786,064 related
- Bonus
- $0 + $753,273 related
- Other
- $0 + $2,322 related
- Deferred
- $0 + $4,600 related
- Nontaxable benefits
- $0 + $31,822 related
- Filer's total
- $0 + $1,578,081 related
-
Joshua NelsonJOSHUA NELSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 6 + 1 related
-
Anna RasmussenANNA RASMUSSEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 6 + 1 related
-
David Rose MDDAVID ROSE MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 6 + 1 related
-
William RyanWILLIAM RYAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 7 + 1 related
-
Christine SchusterCHRISTINE SCHUSTER
PRESIDENT, CEO
- Total calculated
- $1,687,109
- From this org
- $1,437,869
- From related orgs
- $0
- Other
- $249,240
- Hours/week
- 50 + 10 related
Schedule J breakdown matched by us
- Base
- $1,116,860
- Bonus
- $317,308
- Other
- $3,701
- Deferred
- $249,240
- Nontaxable benefits
- $0
- Filer's total
- $1,687,109
-
Jill StanskyJILL STANSKY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 7 + 5 related
-
James Street MDJAMES STREET MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 6 + 1 related
-
Michael ZakMICHAEL ZAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 6 + 1 related
-
Stephen CocoSTEPHEN COCO
SR VP, CFO, ASSISTANT TREASURER
- Total calculated
- $570,226
- From this org
- $552,335
- From related orgs
- $0
- Other
- $17,891
- Hours/week
- 30 + 10 related
Schedule J breakdown matched by us
- Base
- $525,013
- Bonus
- $25,000
- Other
- $2,322
- Deferred
- $0
- Nontaxable benefits
- $17,891
- Filer's total
- $570,226
-
Christina MartinCHRISTINA MARTIN
ASSISTANT SECRETARY
- Total calculated
- $123,611
- From this org
- $109,393
- From related orgs
- $0
- Other
- $14,218
- Hours/week
- 38 + 2 related
-
Benjamin Tillinger MDBENJAMIN TILLINGER MD
MEDICAL STAFF PRESIDENT
- Total calculated
- $515,125
- From this org
- $0
- From related orgs
- $487,071
- Other
- $28,054
- Hours/week
- 38 + 1 related
Schedule J breakdown matched by us
- Base
- $0 + $377,792 related
- Bonus
- $0 + $108,469 related
- Other
- $0 + $810 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $28,054 related
- Filer's total
- $0 + $515,125 related
-
Eric StastnyERIC STASTNY
CHIEF OPERATING OFFICER
- Total calculated
- $701,614
- From this org
- $610,128
- From related orgs
- $0
- Other
- $91,486
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $498,180
- Bonus
- $111,138
- Other
- $810
- Deferred
- $59,664
- Nontaxable benefits
- $31,822
- Filer's total
- $701,614
-
Laura Doyon MDLAURA DOYON MD
PHYSICIAN
- Total calculated
- $662,013
- From this org
- $0
- From related orgs
- $662,013
- Other
- $0
- Hours/week
- 0 + 60 related
Schedule J breakdown matched by us
- Base
- $0 + $379,995 related
- Bonus
- $0 + $281,480 related
- Other
- $0 + $538 related
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $0 + $662,013 related
-
Scott Kelley MDSCOTT KELLEY MD
PHYSICIAN
- Total calculated
- $772,701
- From this org
- $0
- From related orgs
- $748,931
- Other
- $23,770
- Hours/week
- 0 + 60 related
Schedule J breakdown matched by us
- Base
- $0 + $643,139 related
- Bonus
- $0 + $105,000 related
- Other
- $0 + $792 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $23,770 related
- Filer's total
- $0 + $772,701 related
-
Arthur Lee MDARTHUR LEE MD
PHYSICIAN
- Total calculated
- $907,106
- From this org
- $0
- From related orgs
- $876,457
- Other
- $30,649
- Hours/week
- 0 + 60 related
Schedule J breakdown matched by us
- Base
- $0 + $676,603 related
- Bonus
- $0 + $198,612 related
- Other
- $0 + $1,242 related
- Deferred
- $0 + $4,600 related
- Nontaxable benefits
- $0 + $26,049 related
- Filer's total
- $0 + $907,106 related
-
Mark Moschella MDMARK MOSCHELLA MD
PHYSICIAN
- Total calculated
- $734,905
- From this org
- $0
- From related orgs
- $708,856
- Other
- $26,049
- Hours/week
- 0 + 60 related
Schedule J breakdown matched by us
- Base
- $0 + $656,534 related
- Bonus
- $0 + $50,000 related
- Other
- $0 + $2,322 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $26,049 related
- Filer's total
- $0 + $734,905 related
-
James Spinelli MDJAMES SPINELLI MD
PHYSICIAN
- Total calculated
- $722,017
- From this org
- $0
- From related orgs
- $708,472
- Other
- $13,545
- Hours/week
- 0 + 60 related
Schedule J breakdown matched by us
- Base
- $0 + $548,392 related
- Bonus
- $0 + $159,270 related
- Other
- $0 + $810 related
- Deferred
- $0 + $4,600 related
- Nontaxable benefits
- $0 + $8,945 related
- Filer's total
- $0 + $722,017 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
- 6a · Pay contingent on this organization's net earnings
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 4B
- EMERSON HOSPITAL OFFERS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO A SELECT CLASS OF MANAGEMENT. SUPPLEMENTAL RETIREMENT INCOME IS ASSESSED BY AN INDEPENDENT ACTUARY TO DETERMINE ANNUAL CONTRIBUTION AMOUNTS BY EMERSON HOSPITAL. PLAN CONTRIBUTIONS BECOME INCOME TO THE PARTICIPANT BASED ON A CLIFF VESTING SCHEDULE, WHICH IS EVERY FIVE YEARS FROM THE DATE OF PLAN ENROLLMENT. THE FOLLOWING PERSONS PARTICIPATED IN A 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. CHRISTINE SCHUSTER $224,140 ERIC STASTNY $34,564 BARRETT KITCH, MD $30,338 CHRISTINE GALLERY $16,213 RENEE FOSBERG $6,962 DAVID RYAN $6,882
- PART I, LINE 6
- EXECUTIVES ARE ELIGIBLE TO RECEIVE INCENTIVE COMPENSATION IN THE AMOUNT OF 5% OF BASE SALARY IF THE ORGANIZATION ACHIEVES THE BOARD APPROVED BUDGETED GAIN FROM OPERATIONS FOR THE FISCAL YEAR.
- PART I, LINE 7
- EXECUTIVES ARE ELIGIBLE TO RECEIVE INCENTIVE COMPENSATION IN THE AMOUNT OF 15-25% OF BASE SALARY IF THEY ACHIEVE SPECIFIC INDIVIDUAL GOALS.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)3 · PROVIDES ITS HEALTHCARE SUBSIDIARIES WITH A MANAGEMENT TEAM · MA
-
EMERSON HEALTH CARE FOUNDATION
501(C)3 · COORDINATE AND DEVELOP THE FUNDRAISING EFFORT FOR EMERSON HOSPITAL · MA
Directly controlled by EMERSON HEALTH SYSTEM INC
-
501(C)3 · PROVIDE HEALTH CARE SERVICES IN THE COMMUNITIES SERVED BY EMERSON HOSPITAL · MA
Directly controlled by EMERSON HEALTH SYSTEM INC
-
EMERSON PRACTICE ASSOCIATES II
501(C)3 · PROVIDE HEALTH CARE SERVICES IN THE COMMUNITIES SERVED BY EMERSON HOSPITAL · MA
Directly controlled by EMERSON HEALTH SYSTEM INC
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RADIATION ONCOLOGY CENTER MANAGEMENT COMPANY LLC
RELATED · OPERATE A RADIATION ONCOLOGY FACILITY · MA · 50% owned · share of income $4,067,732 · general or managing partner
-
SHIELDS IMAGING MANAGEMENT AT EMERSON
RELATED · IMAGING SERVICES · MA · 50% owned · share of income $1,894,288 · general or managing partner
-
MASSACHUSETTS VALUE ALLIANCE LLC
RELATED · HEALTHCARE AFFORDABILITY · MA · 20% owned · share of income -$74,412
-
EMERSON ENDOSCOPY AND DIGESTIVE HEALTH CENTER LLC
RELATED · ENDOSCOPY AND DIGESTIVE HEALTH · MA · 75% owned · share of income $439,156
-
SHIELDS PET-CT AT EMERSON HOSPITAL LLC
RELATED · PET-CT · MA · 50% owned · share of income $646,688
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
EMERSON PHYSICIAN HOSPITAL ORGANIZATION
C · HEALTH SERVICES CONTRACTING · MA · 50% owned
-
EMERSON PROPERTY DEVELOPMENT CORP
C · PROPERTY MANAGEMENT · MA · 100% owned · share of income $21,176 · share of assets $83,734
Directly controlled by EMERSON HEALTH SYSTEM INC
-
EMERSON OCCUPATIONAL HEALTH SERVICES
C · HEALTH SERVICES · MA · 100% owned · share of income -$10,370
Directly controlled by EMERSON HEALTH SYSTEM INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202402279349302670
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