Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: CLINICAL TRIALS/RESEARCH

  total $105,783,851 · related or exempt $105,783,851

• 2f · All other program service revenue

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

• 3 · Investment income

  total $703,538 · excluded $703,538

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $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.

• 4 · Benefits paid to or for members

  total $0 · program services $0

• 7 · Other salaries and wages

  total $502,401 · program services $502,401

• 9 · Other employee benefits

  total $331,352 · management and general $331,352

• 11c · Fees: accounting

  total $31,750 · management and general $31,750

• 11g · Fees: other

  total $105,783,851 · program services $105,783,851 · management and general $0 · fundraising $0

• 14 · Information technology

  total $144,000 · management and general $144,000

• 24a · Other expenses: MISCELLANEOUS

  total $376 · management and general $376

• 24e · All other expenses

  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 $23,794,479 · end of year $22,946,274

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $0

• 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 $9,990 · end of year $8,080

• 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 $8,786,018 · end of year $1,760,237

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning 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 $31,000 · end of year $31,750

• 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

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $24,540,420 · end of year $24,068,445

• 27 · Net assets without donor restrictions

  beginning of year $8,019,067 · end of year $614,396

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation

MASS GENERAL BRIGHAM HAS A BOARD LEVEL COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES THE COMPENSATION FOR ALL OFFICERS AND KEY EMPLOYEES EXCEPT THE SECRETARY. THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD WHO ARE NOT EMPLOYED BY THE ORGANIZATION, AND NO MEMBER MAY PARTICIPATE IN THE REVIEW AND APPROVAL OF COMPENSATION IF THE MEMBER HAS A CONFLICT OF INTEREST WITH RESPECT TO THAT COMPENSATION ARRANGEMENT. THE COMMITTEE RELIES ON DATA, PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT, WHICH INCLUDES COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS, IN FUNCTIONALLY COMPARABLE POSITIONS, AT SIMILARLY SITUATED ORGANIZATIONS. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE DOCUMENTED IN MINUTES OF THE MEETING. THIS REVIEW PROCESS OCCURS AT LEAST ON AN ANNUAL AND PROSPECTIVE BASIS.

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

THE FOLLOWING INDIVIDUALS PARTICIPATE IN 457(F) PLANS ESTABLISHED BY DFCI; TAXABLE AMOUNTS ARE INCLUDED IN REPORTABLE COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III): LAURIE H. GLIMCHER, MD $133,537 RICHARD S. BOSKEY, ESQ $108,175 BRUCE JOHNSON, MD $34,682 RAMESH A. SHIVDASANI, MD $20,423

Schedule J, Part II, Column (B)(iii) AND COLUMN C

THE DEFERRED COMPENSATION AWARDS/OTHER BENEFITS FIGURE MAY INCLUDE AWARDS OF DEFERRED COMPENSATION, THE VALUE OF OTHER EMPLOYEE TAXABLE BENEFITS IN WHICH THE EMPLOYEE PARTICIPATES, SUCH AS LIFE INSURANCES, DEFERRED COMPENSATION PLANS, TUITION BENEFIT PLANS, HOUSING ALLOWANCES, AND THE VALUE OF NON-TAXABLE EMPLOYEE BENEFIT PLANS SUCH AS PENSION, GROUP HEALTH, LIFE, AND DISABILITY WHICH THE EMPLOYER PROVIDES TO EMPLOYEES ON A NON-DISCRIMINATORY BASIS AS REQUIRED BY THE IRS. NONE OF THE OFFICERS OR EMPLOYEES RECEIVE EXPENSE ACCOUNTS OR ALLOWANCES WHICH CONSTITUTE TAXABLE COMPENSATION. THE CORPORATION HAS AN "ACCOUNTABLE PLAN" WHICH PAYS FOR OR REIMBURSES EXPENSES ONLY IF THEY ARE DINARY, NECESSARY, AND REASONABLE" EXPENSES "INCURRED FOR A BONA FIDE BUSINESS PURPOSE." THE CORPORATION CARRIES LIABILITY INSURANCE THAT COVERS ITS TRUSTEES AND OFFICERS. THIS INSURANCE COVERAGE PROVIDES AN INCIDENTAL BENEFIT TO THE COVERED INDIVIDUALS.