Brockton Hospital Inc
91% goes to programs $0 to raise $100 Strong reserves
Brockton Hospital Inc is a 501(c)(3) organization based in Brockton, Massachusetts, registered in 1983, with $381,761,879 in FY2023 revenue. CharityIndex grades it A+, and it directs about 91% of spending to programs.
680 Centre St, Brockton, MA, 02302 EIN 22-2472997 Since 1983
Revenue (FY2023)
$381.8M
▲ 3.9% vs prior year
Health median: $840K
Expenses (FY2023)
$297.7M
Net assets
$229.0M
Employees
2,271
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating91% to programs · $0 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 Brockton Hospital Inc: 91% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +22% 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 Brockton Hospital Inc: 9 mo reserves · +22% margin earns a A 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 Brockton Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 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 Brockton Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Signature healthcare brockton hospital is a community-based not-for-profit (continued on schedule o)
Contact & location
- Address
- 680 Centre St, Brockton, MA, 02302
- City
- Brockton
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $244.4M (FY2013) to $381.8M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $221.6MNet assets $229.0M
Operating margin
22.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$450.6M
Total liabilities
$221.6M
Net assets
$229.0M
Salaries & benefits
$137.0M
46% of expenses
Board members
20
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $381,761,879▲3.9% | $297,668,105▼6.2% | $228,990,748▲62.3% | $450,586,871▲39.6% | 990 |
| 2022 | $367,295,141▼1.3% | $317,198,182▼12.2% | $141,059,568▲52.2% | $322,843,764▲14.5% | 990 |
| 2021 | $372,320,315▲9.1% | $361,299,918▲11.4% | $92,652,484▼0.2% | $282,009,414▼9.7% | 990 |
| 2020 | $341,306,981▲10.0% | $324,312,144▲10.6% | $92,805,814▲38.6% | $312,206,864▼5.1% | 990 |
| 2019 | $310,329,472▲3.7% | $293,324,206▲1.6% | $66,957,935▲4.3% | $329,126,341▲27.5% | 990 |
| 2018 | $299,172,614▲1.3% | $288,576,358▲4.8% | $64,183,764▼27.7% | $258,092,500▲5.3% | 990 |
| 2017 | $295,223,380▲4.9% | $275,277,854▲4.1% | $88,819,551▲26.3% | $245,000,101▲1.8% | 990 |
| 2016 | $281,522,470▲4.5% | $264,528,629▲3.5% | $70,302,749▲57.3% | $240,748,890▲15.6% | 990 |
| 2015 | $269,273,633▲3.9% | $255,514,071▲4.0% | $44,690,140▼7.8% | $208,172,504▲2.0% | 990 |
| 2014 | $259,152,570▲6.0% | $245,666,990▲12.3% | $48,490,929▼9.1% | $204,138,964▲10.4% | 990 |
| 2013 | $244,438,493 | $218,782,794▲6.4% | $53,338,108▼22.4% | $184,968,651▲5.4% | 990 |
| 2012 | — | $205,609,152▲3.6% | $68,692,171▲163% | $175,530,671▲15.1% | 990 |
| 2011 | — | $198,519,829▲4.5% | $26,105,301▲315% | $152,503,977▲25.6% | 990 |
| 2010 | — | $189,910,753▼4.2% | $6,297,964▼13.2% | $121,382,625▲6.5% | 990 |
| 2009 | — | $198,339,988 | $7,258,016 | $113,969,058 | 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: Robert Haffey — $709,945 (0.24% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Robert Haffey | President & Clerk/ Ceo | 50 | $709,945 |
| Jason Radzevich | Cfo & Treasurer | 50 | $496,097 |
| Karen E Murphy | Senior Vp General Counsel | 50 | $480,032 |
| Jussi J Maijala | Chief Human Resources Officer | 40 | $443,250 |
| Kimberly Walsh | Sr. Vp/chief Operating Officer | 50 | $400,366 |
| Nicholas Szymanski | Vp/chief Information Officer | 40 | $355,696 |
| Stephen Borges | Vp Financial Oper. Until 08/24 | 1 | $292,721 |
| Kim N Hollon | Former President/ceo | 0 | $283,844 |
| Jeffrey Miller | Vp Development | 50 | $271,175 |
| Cheryl Mccallion Md | Director (until 12/12/23) | 0.5 | — |
| Clara Miranda | Director | 0.5 | — |
| Dale Ellenberg Md | Director | 0.5 | — |
| David Drinkwater Md | Physician, Trustee | 1 | — |
| David F Engelkemeyer | Director | 0.5 | — |
| David M Offutt | Vice Chairman | 0.5 | — |
| David R Wolohojian | Chair,board of Trs Until 09/24 | 0.5 | — |
| Deepti Seshadri Md | President, Medical Staff | 1 | — |
| Edward Smith | Director | 0.5 | — |
| Fred Niccoli | Chairman, Development Office | 0.5 | — |
| James F Leary | Director | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Clearway Health Boston Medical Cent | Pharmacy Services | $4,876,819 |
| Matrix Anesthesia Pd | Physician Services | $3,351,586 |
| Remetronix Medical LLC | Medical Equip. Srvcs | $3,163,309 |
| Allied Universal Security Services | Security Services | $1,662,747 |
| Ropes Gray LLP | Legal Services | $1,038,511 |
Grants received · $8,000 total
1 grant to Brockton Hospital Inc totaling $8,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2016 | $8,000 |
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Frequently asked questions
- Is Brockton Hospital Inc a legitimate nonprofit?
- Yes. Brockton Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2472997, based in Brockton, Massachusetts. Donations are tax-deductible.
- What is Brockton Hospital Inc's EIN?
- Brockton Hospital Inc's Employer Identification Number (EIN) is 22-2472997.
- How much revenue does Brockton Hospital Inc report?
- Brockton Hospital Inc reported $381,761,879 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Brockton Hospital Inc's spending goes to programs?
- Brockton Hospital Inc spends about 91% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Brockton Hospital Inc have?
- CharityIndex grades Brockton Hospital Inc A+, based on program efficiency and fundraising cost.
- How much does Brockton Hospital Inc's highest-paid employee make?
- The highest reported compensation on Brockton Hospital Inc's latest Form 990 is $709,945, paid to Robert Haffey (President & Clerk/ Ceo).
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Data for Brockton Hospital Inc (EIN 22-2472997) 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.