Emerson Hospital
93% goes to programs $0 to raise $100 Growing revenue
Emerson Hospital is a 501(c)(3) organization based in Concord, Massachusetts, registered in 1936, with $387,341,406 in FY2023 revenue. CharityIndex grades it A, and it directs about 93% of spending to programs.
133 Ornac, Concord, MA, 01742 EIN 04-2103565 Since 1936
Revenue (FY2023)
$387.3M
▲ 8.0% vs prior year
Health median: $840K
Expenses (FY2023)
$367.1M
Net assets
$113.4M
Employees
2,704
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating93% 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 Emerson Hospital: 93% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +5% 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 Emerson Hospital: 4 mo reserves · +5% 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 Emerson 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 Emerson Hospital: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
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 21 towns.
What they do
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, 2024 in addition, the hospital also had 35,775 emergency department visits and 96,044 rehabilitation service visits.
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, 2024 emerson hospital saw 1,722 new homecare patients and performed 18,526 homecare visits.
Contact & location
- Address
- 133 Ornac, Concord, MA, 01742
- City
- Concord
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $190.4M (FY2013) to $387.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $187.9MNet assets $113.4M
Operating margin
5.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$301.4M
Total liabilities
$187.9M
Net assets
$113.4M
Salaries & benefits
$202.7M
55% of expenses
Board members
20
16 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $387,341,406▲8.0% | $367,051,501▼0.1% | $113,433,046▲23.3% | $301,380,465▲2.7% | 990 |
| 2022 | $358,675,417▲2.0% | $367,286,794▲5.8% | $91,964,504▼6.8% | $293,341,738▲11.9% | 990 |
| 2021 | $351,532,242▲10.1% | $347,108,419▲10.3% | $98,637,765▲11.8% | $262,100,306▼1.5% | 990 |
| 2020 | $319,206,496▲21.2% | $314,824,760▲10.0% | $88,202,210▲94.9% | $265,964,885▲14.0% | 990 |
| 2019 | $263,442,696▼3.2% | $286,078,180▲6.6% | $45,245,544▼9.3% | $233,345,597▲9.4% | 990 |
| 2018 | $272,071,713▲8.3% | $268,383,047▲9.6% | $49,873,170▼14.3% | $213,357,704▲8.8% | 990 |
| 2017 | $251,264,701▲7.0% | $244,835,546▲4.8% | $58,205,204▲26.4% | $196,171,179▼0.5% | 990 |
| 2016 | $234,773,977▲6.6% | $233,678,877▲9.4% | $46,065,376▲19.7% | $197,252,997▲2.7% | 990 |
| 2015 | $220,155,824▲9.9% | $213,606,544▲6.8% | $38,468,866▼5.9% | $192,053,815▲5.0% | 990 |
| 2014 | $200,245,070▲5.2% | $199,970,692▲5.8% | $40,873,514▼16.9% | $182,904,282▼4.5% | 990 |
| 2013 | $190,395,796 | $189,031,857▲1.4% | $49,191,197▼1.5% | $191,431,387▲3.2% | 990 |
| 2012 | — | $186,352,778▲3.6% | $49,952,134▲6.5% | $185,562,354▲2.5% | 990 |
| 2011 | — | $179,878,350▲2.9% | $46,899,737▲7.2% | $180,977,832▲5.1% | 990 |
| 2010 | — | $174,739,924▼3.9% | $43,740,264▼11.3% | $172,250,255▼2.9% | 990 |
| 2009 | — | $181,902,656 | $49,336,663 | $177,413,006 | 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: Christine C Schuster — $1,370,489 (0.37% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christine C Schuster | President and Ceo | 56 | $1,370,489 |
| Stephen Coco | Sr Vp, Cfo, Assistant Treasurer | 30 | $651,704 |
| Craig Best | President (epa) | 30 | $463,556 |
| Christina Martin | Assistant Secretary | 4 | $104,412 |
| Anna Rasmussen | Director | 4 | — |
| Arthur Lee Md | Physician | 0 | — |
| Benjamin Tillinger Md | Med Staff President | 4 | — |
| David Kahan Md | Physician | 0 | — |
| David Lautz Md | Director | 4 | — |
| David Rose Md | Director | 4 | — |
| Eileen Deignan Md | Director | 4 | — |
| Gloria L Clough | Chair | 4 | — |
| James Digiovanni | Secretary | 4 | — |
| James Street Md | Director | 4 | — |
| Jeffrey S Campbell | Treasurer | 4 | — |
| Jennifer Nayor Md | Physician | 0 | — |
| Jill Stansky | Director | 4 | — |
| John Boynton | Director | 4 | — |
| John Dowd Md | Physician | 0 | — |
| John Hickling | Director | 4 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Mass General Brigham | Medical Services | $5,408,136 |
| Sodexo Inc & Affiliates | Environmental/cafeteria Services | $3,160,604 |
| Kaufman Hall & Associates Inc | Healthcare Management and Consulting | $2,233,355 |
| Quest Diagnostics | Medical Services | $1,806,267 |
| Siemens Diagnostics | Medical Services | $1,661,486 |
Grants received · $1.4M total
38 grants to Emerson Hospital totaling $1.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
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Compare Emerson Hospital
Frequently asked questions
- Is Emerson Hospital a legitimate nonprofit?
- Yes. Emerson Hospital is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2103565, based in Concord, Massachusetts. Donations are tax-deductible.
- What is Emerson Hospital's EIN?
- Emerson Hospital's Employer Identification Number (EIN) is 04-2103565.
- How much revenue does Emerson Hospital report?
- Emerson Hospital reported $387,341,406 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Emerson Hospital's spending goes to programs?
- Emerson Hospital spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Emerson Hospital have?
- CharityIndex grades Emerson Hospital A, based on program efficiency and fundraising cost.
- How much does Emerson Hospital's highest-paid employee make?
- The highest reported compensation on Emerson Hospital's latest Form 990 is $1,370,489, paid to Christine C Schuster (President and Ceo).
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Data for Emerson Hospital (EIN 04-2103565) 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.