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← EMERSON HEALTH SYSTEM INC

Form 990 for tax year 2024

Filed by EMERSON HEALTH SYSTEM INC.

Totals

Total revenue
$0
Total expenses
$17,233
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$767,334
Total liabilities, end of year
$504,715
Net assets or fund balances, end of year
$262,619
Program services expenses (Part IX)
$17,233
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$0

Program services were 100.0% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $0

  • 1g · Noncash contributions included above

    $0

  • 2a · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2b · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2c · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2d · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2e · Program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

  • 8a · Fundraising events: contributions included on line 1c

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11a · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11b · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11c · Other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0 · program services $0

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 4 · Benefits paid to or for members

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 6 · Compensation of disqualified persons

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 7 · Other salaries and wages

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 8 · Pension plan contributions

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 9 · Other employee benefits

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 10 · Payroll taxes

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11a · Fees: management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11b · Fees: legal

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11c · Fees: accounting

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11d · Fees: lobbying

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11e · Fees: professional fundraising services

    total $0 · fundraising $0

  • 11f · Fees: investment management

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 13 · Office expenses

    total $17,233 · program services $17,233 · management and general $0 · fundraising $0

  • 14 · Information technology

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 15 · Royalties

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 16 · Occupancy

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 17 · Travel

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 18 · Travel or entertainment for public officials

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 20 · Interest

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 21 · Payments to affiliates

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24a · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24b · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24c · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24d · Other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 26 · Joint costs (an allocation of the lines above)

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $22,588 · end of year $5,355

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $761,979 · end of year $761,979

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $504,715 · end of year $504,715

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $279,852 · end of year $262,619

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

EMERSON HEALTH SYSTEMS IS THE PARENT ORGANIZATION OF FOUR SUBSIDIARIES - EMERSON HOSPITAL EMERSON OCCUPATIONAL HEALTH SERVICES EMERSON PROPERTY DEVELOPMENT AND EMERSON HEALTH CARE FOUNDATION. EMERSON HEALTH SYSTEMS PROVIDES ITS HEALTHCARE SUBSIDIARIES WITH A MANAGEMENT TEAM.

Activities or mission (Part I)

EMERSON HEALTH SYSTEMS IS THE PARENT OF FOUR SUBSIDIARIES - EMERSON HOSPITAL EMERSON OCCUPATIONAL HEALTH SERVICES EMERSON PROPERTY DEVELOPMENT CORPORATION AND EMERSON HEALTHCARE FOUNDATION. EMERSON HEALTH SYSTEMS PROVIDES ITS HEALTHCARE SUBSIDIARIES WITH A MANAGEMENT TEAM.

  • N A

As filed on the 2024 return.

Listed in Part VII

  • Christine Schuster

    President and Chief Executive Officer

    Total calculated
    $1,664,410
    From this org
    $0
    From related orgs
    $1,355,693
    Other
    $308,717
    Hours/week
    4 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,156,488 related
    Bonus
    $0 + $186,041 related
    Other
    $0 + $13,164 related
    Deferred
    $0 + $272,441 related
    Nontaxable benefits
    $0 + $36,276 related
    Filer's total
    $0 + $1,664,410 related
  • David Lautz

    Physician

    Total calculated
    $1,398,210
    From this org
    $0
    From related orgs
    $1,355,334
    Other
    $42,876
    Hours/week
    4 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $777,093 related
    Bonus
    $0 + $574,677 related
    Other
    $0 + $3,564 related
    Deferred
    $0 + $6,600 related
    Nontaxable benefits
    $0 + $36,276 related
    Filer's total
    $0 + $1,398,210 related
  • John Dowd

    Physician

    Total calculated
    $831,070
    From this org
    $0
    From related orgs
    $788,194
    Other
    $42,876
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $585,000 related
    Bonus
    $0 + $200,872 related
    Other
    $0 + $2,322 related
    Deferred
    $0 + $6,600 related
    Nontaxable benefits
    $0 + $36,276 related
    Filer's total
    $0 + $831,070 related
  • Jennifer Nayor

    Physician

    Total calculated
    $787,955
    From this org
    $0
    From related orgs
    $745,079
    Other
    $42,876
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $534,608 related
    Bonus
    $0 + $209,931 related
    Other
    $0 + $540 related
    Deferred
    $0 + $6,600 related
    Nontaxable benefits
    $0 + $36,276 related
    Filer's total
    $0 + $787,955 related
  • David Kahan

    Physician

    Total calculated
    $769,915
    From this org
    $0
    From related orgs
    $763,315
    Other
    $6,600
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $455,000 related
    Bonus
    $0 + $307,090 related
    Other
    $0 + $1,225 related
    Deferred
    $0 + $6,600 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $769,915 related
  • Arthur Lee

    Physician

    Total calculated
    $747,340
    From this org
    $0
    From related orgs
    $711,045
    Other
    $36,295
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $676,603 related
    Bonus
    $0 + $33,200 related
    Other
    $0 + $1,242 related
    Deferred
    $0 + $6,600 related
    Nontaxable benefits
    $0 + $29,695 related
    Filer's total
    $0 + $747,340 related
  • Mark Moschella

    Physician

    Total calculated
    $744,105
    From this org
    $0
    From related orgs
    $707,810
    Other
    $36,295
    Hours/week
    0 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $704,294 related
    Bonus
    $0
    Other
    $0 + $3,516 related
    Deferred
    $0 + $6,600 related
    Nontaxable benefits
    $0 + $29,695 related
    Filer's total
    $0 + $744,105 related
  • Benjamin Tillinger

    Medical Staff President

    Total calculated
    $663,576
    From this org
    $0
    From related orgs
    $627,281
    Other
    $36,295
    Hours/week
    4 + 56 related

    Schedule J breakdown matched by us

    Base
    $0 + $406,407 related
    Bonus
    $0 + $220,064 related
    Other
    $0 + $810 related
    Deferred
    $0 + $6,600 related
    Nontaxable benefits
    $0 + $29,695 related
    Filer's total
    $0 + $663,576 related
  • Christina Martin

    Assistant Secretary

    Total calculated
    $124,880
    From this org
    $0
    From related orgs
    $110,337
    Other
    $14,543
    Hours/week
    4 + 36 related
  • Paul Birch

    Vice Chair

    Total calculated
    $0
    Hours/week
    4
  • John Boynton

    Director

    Total calculated
    $0
    Hours/week
    4
  • Jeffrey Campbell

    Treasurer

    Total calculated
    $0
    Hours/week
    4 + 4 related
  • Richard Churchill

    Director

    Total calculated
    $0
    Hours/week
    4
  • Gloria Clough

    Chair

    Total calculated
    $0
    Hours/week
    4 + 4 related
  • Eileen Deignan

    Director

    Total calculated
    $0
    Hours/week
    4
  • James DiGiovanni

    Secretary

    Total calculated
    $0
    Hours/week
    4
  • Rose Ann Giordano

    Director

    Total calculated
    $0
    Hours/week
    4
  • John Hickling

    Director

    Total calculated
    $0
    Hours/week
    4
  • Joshua Nelson

    Director

    Total calculated
    $0
    Hours/week
    4 + 4 related
  • Anna Rasmussen

    Director

    Total calculated
    $0
    Hours/week
    4
  • David Rose

    Director

    Total calculated
    $0
    Hours/week
    4
  • Jill Stansky

    Director

    Total calculated
    $0
    Hours/week
    4
  • James Street

    Director

    Total calculated
    $0
    Hours/week
    4
  • Michael Zak

    Director

    Total calculated
    $0
    Hours/week
    4

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

  • 1a · Health or social club dues or initiation fees
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 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
| PartandLinenumber:,Explanation:|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 Line 4b
| Name :, Title:, Item Selected:, Amount:| Christine Schuster, 243341|

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.

  • Emerson Hospital

    501(C)(3) · non-profit community hospital · MA

    Directly controlled by Emerson Health System Inc

  • Emerson Healthcare Foundation

    501(C)(3) · coordinate and develop the fundraising effort for Emerson Hospital · MA

    Directly controlled by Emerson Health System Inc

  • Emerson Practice Associates

    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 corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • Emerson Property Development

    C-Corporation · property management · MA · 100% owned · share of income $40,124 · share of assets $0

    Directly controlled by Emerson Health System Inc

  • Emerson Occupational Health

    C-Corporation · health services · MA · 100% owned · share of income $0 · share of assets $0

    Directly controlled by Emerson Health System Inc

Provenance

Return type
form_990
Tax year
2024
Filed
14 August 2026
IRS schema version
2024v5.1
Source object
202612269349300101

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