South Shore Medical Center
86% goes to programs Thin reserves
South Shore Medical Center is a 501(c)(3) organization based in S Weymouth, Massachusetts, registered in 2003, with $86,229,755 in FY2023 revenue. CharityIndex grades it C+, and it directs about 86% of spending to programs.
55 Fogg Rd, S Weymouth, MA, 02190 EIN 04-2297845 Since 2003
Revenue (FY2023)
$86.2M
▼ 2.8% vs prior year
Health median: $840K
Expenses (FY2023)
$98.3M
Net assets
-$14.8M
Employees
756
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
C+Program efficiency40% of the rating86% to programs
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 South Shore Medical Center: 86% to programs earns a C+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · -14% 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 South Shore Medical Center: 0 mo reserves · -14% margin earns a D 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 South Shore Medical Center: 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 South Shore Medical Center: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
South shore medical center cares for patients compassionately and effectively, with the highest medical and ethical standards. we build a better future for the communities we serve through teaching, leadership in health care innovation and philanthropy.
Contact & location
- Address
- 55 Fogg Rd, S Weymouth, MA, 02190
- City
- S Weymouth
- State
- Massachusetts
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $131.6M (FY2013) to $86.2M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $67.8MNet assets -$14.8M
Operating margin
-14.0%
Spent more than it raised in the latest fiscal year.
Total assets
$53.0M
Total liabilities
$67.8M
Net assets
-$14.8M
Salaries & benefits
$70.8M
72% of expenses
Board members
13
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $86,229,755▼2.8% | $98,323,618▲1.4% | -$14,803,879▼446% | $53,005,476▼11.4% | 990 |
| 2022 | $88,675,084▲8.4% | $96,966,946▲9.5% | -$2,710,717▼149% | $59,822,242▲4.9% | 990 |
| 2021 | $81,798,241▼1.5% | $88,534,021▲1.8% | $5,581,145▼54.7% | $57,053,453▼16.6% | 990 |
| 2020 | $83,043,739▲9.2% | $86,994,299▲6.0% | $12,316,925▼7.2% | $68,415,013▲1.9% | 990 |
| 2019 | $76,015,365▲1.3% | $82,094,954▲4.0% | $13,267,485▲80.6% | $67,114,601▲173% | 990 |
| 2018 | $75,074,000▲10.3% | $78,966,624▲11.4% | $7,347,074▲96.5% | $24,590,759▲16.2% | 990 |
| 2017 | $68,032,833▼2.1% | $70,879,286▼8.0% | $3,739,698▲538% | $21,164,756▲0.7% | 990 |
| 2016 | $69,477,526▼22.6% | $77,073,235▼24.1% | $586,151▲115% | $21,017,168▲10.7% | 990 |
| 2015 | $89,722,726▼42.9% | $101,580,108▼34.5% | -$3,818,140▼132% | $18,992,247▼34.7% | 990 |
| 2014 | $157,141,880▲19.4% | $154,980,632▲14.3% | $12,082,654▲20.2% | $29,070,968▼0.3% | 990 |
| 2013 | $131,643,562 | $135,555,301▲3.3% | $10,053,081▼25.9% | $29,153,678▼18.4% | 990 |
| 2012 | — | $131,213,230▲4.8% | $13,569,056▲9.9% | $35,729,963▲28.6% | 990 |
| 2011 | — | $125,155,091▲11.3% | $12,342,508▲28.9% | $27,778,069▲15.6% | 990 |
| 2010 | — | $112,439,619 | $9,578,346 | $24,019,919 | 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: Matthew Hjort Md — $726,549 (0.74% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Matthew Hjort Md | Physician | 40 | $726,549 |
| Sergio Fefer Md | Physician | 40 | $621,620 |
| David Halle Md | Ambulatory Medical Director | 40 | $594,728 |
| Steven Starr Md | Physician | 40 | $555,478 |
| Tejash Shah | Physician | 40 | $540,972 |
| Mohammed Sharaf Md | Physician | 40 | $508,342 |
| Linda Oliver | Vp Ambulatory Serv. | 40 | $383,107 |
| Alan Mckim | Director | 0.5 | — |
| Allen Smith Md | President & Ceo | 0.5 | — |
| Amanda Marchica Do | Director As of 10/1/2023 | 0.5 | — |
| Bradford Sampson | Director | 0.5 | — |
| Christopher Oddleifson | Director Thru 12/31/2023 | 0.5 | — |
| Ellen Essenfeld | Director | 0.5 | — |
| Grace Lee | Director As of 10/1/2023 | 0.5 | — |
| Helen Garvey | Director Thru 12/31/2023 | 0.5 | — |
| Joseph R Driscoll Esq | Secretary | 0.5 | — |
| Justin Campbell | Director Thru 9/30/2023 | 0 | — |
| Kenneth Quigley Jr | Director As of 10/1/2023 | 0.5 | — |
| Kimberly Dever Md | Director, Chief Ob/gyn | 0.5 | — |
| Kristine Hanscom CPA Mst Cgma | Former Treas. & Cfo (thru 5/31/23) | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Foxrock Longwater II Realty LLC | Management Company | $4,003,059 |
| South Suburban Gastroenterology PC | Physician Services | $1,508,571 |
| Boston University Dermatology | Physician Services | $571,083 |
| Hancock Flag Realty LLC | Management Company | $520,478 |
| Beale's LLC | Cleaning Services | $339,869 |
Grants made · $7,500 in FY2014
1 grant totaling $7,500 in FY2014. All grants made by South Shore Medical Center →
| Recipient | Purpose | Amount |
|---|---|---|
| Atrius Health Equity Foundation Inc | South shore hospital home care program | $7,500 |
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Frequently asked questions
- Is South Shore Medical Center a legitimate nonprofit?
- Yes. South Shore Medical Center is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-2297845, based in S Weymouth, Massachusetts. Donations are tax-deductible.
- What is South Shore Medical Center's EIN?
- South Shore Medical Center's Employer Identification Number (EIN) is 04-2297845.
- How much revenue does South Shore Medical Center report?
- South Shore Medical Center reported $86,229,755 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of South Shore Medical Center's spending goes to programs?
- South Shore Medical Center spends about 86% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does South Shore Medical Center have?
- CharityIndex grades South Shore Medical Center C+, based on program efficiency and fundraising cost.
- How much does South Shore Medical Center's highest-paid employee make?
- The highest reported compensation on South Shore Medical Center's latest Form 990 is $726,549, paid to Matthew Hjort Md (Physician).
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Data for South Shore Medical Center (EIN 04-2297845) 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.