Mass General Brigham Incorporated
76% goes to programs $6 to raise $100 Growing revenue
Mass General Brigham Incorporated is a 501(c)(3) organization based in Somerville, Massachusetts, registered in 2010, with $299,721,576 in FY2017 revenue. CharityIndex grades it B, and it directs about 76% of spending to programs.
399 Revolution Dr Ste 695, Somerville, MA, 02145 EIN 04-2103591 Since 2010
Revenue (FY2017)
$299.7M
▲ 7.5% vs prior year
Health median: $840K
Expenses (FY2017)
$292.1M
Net assets
$30.8M
Employees
2,109
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 rating76% to programs · $6 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 Mass General Brigham Incorporated: 76% to programs · $6 to raise $100 earns a C+ on this criterion. See the exact thresholds →
C+Financial health25% of the rating1 mo reserves · +3% 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 Mass General Brigham Incorporated: 1 mo reserves · +3% 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 Mass General Brigham Incorporated: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
BTransparency10% of the rating3 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 Mass General Brigham Incorporated: 3 of 5 disclosure signals earns a B on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
See schedule o.
Contact & location
- Address
- 399 Revolution Dr Ste 695, Somerville, MA, 02145
- City
- Somerville
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $228.1M (FY2013) to $299.7M (FY2017) across 5 reported years.
Financial snapshot
Financial health & position (FY2017)
Liabilities $493.1MNet assets $30.8M
Operating margin
2.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$523.9M
Total liabilities
$493.1M
Net assets
$30.8M
Salaries & benefits
$118.7M
41% of expenses
Board members
19
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2017 | $299,721,576▲7.5% | $292,087,720▲5.8% | $30,778,188▲318% | $523,876,840▲25.4% | 990 |
| 2016 | $278,938,745▲7.2% | $276,098,408▲5.9% | $7,357,059▲328% | $417,880,268▲26.3% | 990 |
| 2015 | $260,117,429▲10.3% | $260,653,776▲3.1% | -$3,231,675▼32.1% | $330,811,290▲55.6% | 990 |
| 2014 | $235,731,595▲3.4% | $252,784,400▲10.8% | -$2,446,996▼109% | $212,622,120▲1.6% | 990 |
| 2013 | $228,069,599 | $228,061,270▲2.4% | $28,534,557▼21.9% | $209,199,752▼6.6% | 990 |
| 2012 | — | $222,744,370▲11.1% | $36,519,785▲41.3% | $224,049,415▼5.1% | 990 |
| 2011 | — | $200,480,622▼5.6% | $25,843,320▼22.4% | $236,179,653▼4.8% | 990 |
| 2010 | — | $212,288,551▲5.1% | $33,302,738▼21.7% | $248,076,965▼2.6% | 990 |
| 2009 | — | $202,059,008 | $42,538,578 | $254,755,693 | 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 (FY2017)
Highest-paid: John R Fernandez — $1,143,642 (0.39% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| John R Fernandez | President | 37 | $1,143,642 |
| Carolann Williams | Cfo & Vp Finance and Admin | 49 | $491,994 |
| Martha Pyle Farrell | Asst Secretary | 49 | $399,988 |
| Jennifer Street | Vp Communications & Planning | 60 | $394,488 |
| Jeffrey J Pike | Chief Operating Officer | 60 | $387,742 |
| Eileen O Lowell | Cno & Vp Pat Care Svs | 60 | $321,769 |
| Melissa M Paul | Chief Development Officer | 60 | $307,369 |
| Debra Rogers | Vp Ophthalmology | 20 | $301,334 |
| Kenneth Holmes | Cfo Meea | 30 | $300,617 |
| Rachel Wasserstrom | Vp Otolaryngology | 30 | $286,902 |
| Michael Ricci | Chief Information Officer | 60 | $255,576 |
| Leo J Hill | Deputy Cio | 60 | $196,670 |
| Maureen Kelley | Asst Secretary (until 5/18) | 53 | $196,400 |
| Glenn W Bunting | Voice & Speech Clinical Dir | 60 | $194,732 |
| Robin Switzer | Director of Human Resources | 60 | $193,764 |
| Ralph T Pelosi | Director Facilities Planning | 60 | $193,138 |
| Barbara J Scully | Director Prof Rev Cycle | 30 | $191,046 |
| Annette Nova | Director (until 12/17) | 2 | — |
| Charles De Gunzberg | Director | 2 | — |
| D Bradley Welling | Director | 29 | — |
Top vendors & contractors (FY2017)
| Contractor | Services | Paid |
|---|---|---|
| Bond Brothers Inc | Construction | $1,061,976 |
| Fish and Richardson PC | Legal | $744,120 |
| Medical Record Associates Inc | Medical Records | $681,084 |
| Kpmg LLP | Consulting | $640,619 |
| Pricewaterhousecoopers LLP | Audit and Tax | $636,125 |
Grants received · $109.8M total
115 grants to Mass General Brigham Incorporated totaling $109.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| University of Miami | Research | 2024 | $568,797 |
| Foundation Fighting Blindness Inc | Research | 2024 | $396,667 |
| Mass General Brigham Incorporated and Affiliates Group Rtn | To support tax exempt affiliate | 2023 | $8,243,780 |
| Mass General Brigham Incorporated | Exempt affiliate support | 2023 | $1,066,833 |
| American Endowment Foundation | Health, general | 2023 | $544,750 |
| University of Miami | Research | 2023 | $229,993 |
| Foundation Fighting Blindness Inc | Research | 2023 | $200,000 |
| Broad Institute Inc | Research | 2023 | $170,211 |
| President and Fellows of Harvard College | Sponsored research sub-award | 2023 | $53,849 |
| University of Pittsburgh | Research- subcontract | 2023 | $22,744 |
| Donor Advised Charitable Giving | Health | 2023 | $20,500 |
| Trustees of Columbia University | Research | 2023 | $12,978 |
| Mass General Brigham Incorporated | Exempt affiliate support | 2022 | $1,391,040 |
| Foundation Fighting Blindness Inc | Research | 2022 | $775,000 |
| President and Fellows of Harvard College | Sponsored research sub-award | 2022 | $249,867 |
Grants made · $19.3M in FY2017
27 grants totaling $19.3M in FY2017 — showing the 15 largest. All grants made by Mass General Brigham Incorporated →
| Recipient | Purpose | Amount |
|---|---|---|
| Mass General Brigham Incorporated | — | $15,083,409 |
| Bionic Eye Technologies Inc | Basic research | $1,106,959 |
| Mass General Brigham Incorporated | Basic research | $800,296 |
| President and Fellows of Harvard College | Basic research | $426,941 |
| Mass General Brigham Incorporated | Basic research | $309,529 |
| Mass General Brigham Incorporated | Basic research | $271,961 |
| Rhode Island Hospital | Basic research | $219,902 |
| Case Western Reserve University | Basic research | $106,924 |
| Worcester Polytechnic Institute | Basic research | $98,339 |
| Portland Va Research Foundation Inc | Basic research | $97,243 |
| Vanderbilt University | Basic research | $92,846 |
| University of Wisconsin | Basic research | $87,696 |
| Childrens Hospital Corporation | Basic research | $82,588 |
| Johns Hopkins U School of Med | Basic research | $74,947 |
| Pennsylvania State University | Basic research | $58,232 |
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Frequently asked questions
- Is Mass General Brigham Incorporated a legitimate nonprofit?
- Yes. Mass General Brigham Incorporated is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2103591, based in Somerville, Massachusetts. Donations are tax-deductible.
- What is Mass General Brigham Incorporated's EIN?
- Mass General Brigham Incorporated's Employer Identification Number (EIN) is 04-2103591.
- How much revenue does Mass General Brigham Incorporated report?
- Mass General Brigham Incorporated reported $299,721,576 in total revenue on its fiscal year 2017 IRS Form 990 filing.
- How much of Mass General Brigham Incorporated's spending goes to programs?
- Mass General Brigham Incorporated spends about 76% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Mass General Brigham Incorporated have?
- CharityIndex grades Mass General Brigham Incorporated B, based on program efficiency and fundraising cost.
- How much does Mass General Brigham Incorporated's highest-paid employee make?
- The highest reported compensation on Mass General Brigham Incorporated's latest Form 990 is $1,143,642, paid to John R Fernandez (President).
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Data for Mass General Brigham Incorporated (EIN 04-2103591) 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.