Anna Jaques Hospital
86% goes to programs $28 to raise $100 Thin reserves
Anna Jaques Hospital is a 501(c)(3) organization based in Newburyport, Massachusetts, registered in 1941, with $145,773,360 in FY2023 revenue. CharityIndex grades it B, and it directs about 86% of spending to programs.
25 Highland Ave, Newburyport, MA, 01950 EIN 04-2104338 Since 1941
Revenue (FY2023)
$145.8M
▼ 2.5% vs prior year
Health median: $840K
Expenses (FY2023)
$174.5M
Net assets
$1.8M
Employees
1,314
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating86% to programs · $28 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Anna Jaques Hospital: 86% to programs · $28 to raise $100 earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · -20% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Anna Jaques Hospital: 0 mo reserves · -20% margin earns a C on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Anna Jaques Hospital: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Anna Jaques Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
See schedule o.
What they do
Ajh outpatient services include the wound care clinic, which saw 3,551 patients; pain clinic (1,915 patients), sleep lab (813 patients), oncology clinic, which provided 4,662 infusions and 4,827 clinic visits; therapists of various disciplines, who saw 23,901 patients in fiscal 2018; diagnostic imaging (78,281 visits), as well as laboratory services and other clinics. grants were made to seacoast affiliated group practice, a related organization, to assist in the growth of the jointly run breast care center, which saw 1,782 patients in the fiscal year.
Ajh emergency services treated 28,216 patients during fiscal 2018.
Contact & location
- Address
- 25 Highland Ave, Newburyport, MA, 01950
- City
- Newburyport
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $114.5M (FY2013) to $145.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $106.1MNet assets $1.8M
Operating margin
-19.7%
Spent more than it raised in the latest fiscal year.
Total assets
$107.9M
Total liabilities
$106.1M
Net assets
$1.8M
Salaries & benefits
$75.7M
43% of expenses
Board members
21
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $145,773,360▼2.5% | $174,531,701▲6.9% | $1,814,529▼94.2% | $107,897,217▼4.0% | 990 |
| 2022 | $149,477,423▲7.8% | $163,230,546▲8.7% | $31,216,005▼20.9% | $112,415,504▼1.8% | 990 |
| 2021 | $138,657,927▼3.0% | $150,185,993▲5.0% | $39,462,569▼17.6% | $114,520,671▼16.3% | 990 |
| 2020 | $143,003,241▲12.9% | $143,044,615▲7.1% | $47,884,635▲451% | $136,785,580▲31.2% | 990 |
| 2019 | $126,639,967▼7.5% | $133,571,306▼1.3% | $8,684,822▼58.6% | $104,230,488▲12.9% | 990 |
| 2018 | $136,949,236▲3.9% | $135,301,603▲3.6% | $20,974,949▼37.5% | $92,319,549▲3.9% | 990 |
| 2017 | $131,753,495▲2.6% | $130,626,411▲3.1% | $33,545,675▲31.6% | $88,866,592▼0.1% | 990 |
| 2016 | $128,476,229▲2.7% | $126,639,992▲3.4% | $25,491,274▲55.9% | $88,931,162▼2.0% | 990 |
| 2015 | $125,063,755▲7.2% | $122,435,306▲7.1% | $16,349,418▼21.0% | $90,778,523▲0.2% | 990 |
| 2014 | $116,693,375▲2.0% | $114,294,668▲2.5% | $20,686,632▼21.0% | $90,602,004▲6.2% | 990 |
| 2013 | $114,456,624 | $111,548,111▲1.3% | $26,173,747▼4.4% | $85,289,248▲5.8% | 990 |
| 2012 | — | $110,115,954▼1.7% | $27,375,516▲84.3% | $80,609,696▲0.9% | 990 |
| 2011 | — | $112,025,860▲4.1% | $14,855,543▼20.7% | $79,888,276▲7.1% | 990 |
| 2010 | — | $107,618,355▲0.7% | $18,724,539▼8.4% | $74,602,938▲24.2% | 990 |
| 2009 | — | $106,907,189 | $20,445,886 | $60,045,090 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Goldstein Mark — $652,432 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Goldstein Mark | Frmr Pres & Ttee (ex-off) | 0 | $652,432 |
| Maki Dn Rn Richard | Former Chief Nursing Officer | 0 | $582,840 |
| Bourne Md Katherine A | Anesthesiologist | 55 | $577,474 |
| Focht Md Glenn | President & Trustee (ex-officio) | 55 | $540,599 |
| Eneman Md Jonathan | Oncologist | 55 | $499,734 |
| Brickman Jeffrey L | Frmr Interim Pres & Ttee (ex-off) | 0 | $358,391 |
| Bugallo-muros Mariana | Interim Vp, Hr Business Partner | 55 | $248,325 |
| Matlock John | Cfo & Asst Treas (ex-off) | 55 | $235,962 |
| Anderson Md Marianne S | Neonatologist | 55 | $219,578 |
| Ahern Sean | Former Chief Operating Officer | 0 | $214,269 |
| Burke Deborah | Lead Nursing Supervisor | 55 | $212,576 |
| Desimone Md Olga | Neonatologist | 55 | $208,819 |
| Soldano Joseph | Frmr Co-int Cfo; Dir, Fin Planning | 0 | $188,041 |
| Allard Nate | Trustee | 1 | — |
| Beaumier Mbacpamha Gregory | Asst Treas (ex-off) & Cfo | 1 | — |
| Bouton Phd Christopher | Trustee | 1 | — |
| Boyd Esq Stephen | Asst Clerk (div Vp Dep Gc Comm Bilh) | 1 | — |
| Cannon Patricia | Trustee | 1 | — |
| Clancy Mary Anne | Trustee | 1 | — |
| Connolly Esq Grace Gonzalez | Trustee & Chair | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Beth Israel Lahey Health Inc | Professional & Other Services | $73,583,163 |
| Amerisourcebergen Drug Corp | Pharmaceutical & Healthcare Svcs | $13,397,389 |
| Harvard Medical Faculty Physicians | Leased Physician Services | $6,624,100 |
| Healthcare Workforce Logistics LLC | Staffing Services | $6,003,110 |
| Cardinal Health Inc | Healthcare Services | $4,310,553 |
Grants received · $231K total
8 grants to Anna Jaques Hospital totaling $231K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $60,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $61,370 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $27,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $27,850 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $28,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $15,250 |
| United Way Worldwide | Health | 2016 | $5,000 |
| Patient Access Network Foundation | Patient assistance | 2014 | $5,791 |
Grants made · $2.9M in FY2023
2 grants totaling $2.9M in FY2023. All grants made by Anna Jaques Hospital →
| Recipient | Purpose | Amount |
|---|---|---|
| Medical Care of Boston Management Corporation | Access to primary and/or specialty care | $2,889,693 |
| John Ashford Link House Inc | Care access and/or to address other identified community health needs | $32,222 |
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Frequently asked questions
- Is Anna Jaques Hospital a legitimate nonprofit?
- Yes. Anna Jaques Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2104338, based in Newburyport, Massachusetts. Donations are tax-deductible.
- What is Anna Jaques Hospital's EIN?
- Anna Jaques Hospital's Employer Identification Number (EIN) is 04-2104338.
- How much revenue does Anna Jaques Hospital report?
- Anna Jaques Hospital reported $145,773,360 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Anna Jaques Hospital's spending goes to programs?
- Anna Jaques Hospital spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Anna Jaques Hospital have?
- CharityIndex grades Anna Jaques Hospital B, based on program efficiency and fundraising cost.
- How much does Anna Jaques Hospital's highest-paid employee make?
- The highest reported compensation on Anna Jaques Hospital's latest Form 990 is $652,432, paid to Goldstein Mark (Frmr Pres & Ttee (ex-off)).
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Data for Anna Jaques Hospital (EIN 04-2104338) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.