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Exeter Health Resources

Charlestown, MA · EIN 02-0222126 · 501(c)(3) · Supporting organization (509(a)(3))
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Exeter Health Resources reported $5.2 million in revenue and $2.5 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $98.02 went to program services, $1.98 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 52.4% of the total. The highest compensation it reported for one person was $4,734,371 (CEO (EX-OFF) (CEO, BILH)). 14 people received more than $100,000 in reportable compensation. Revenue fell 67% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $2.5M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $5.2M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
98.0%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
2.0%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
52.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$4,734,371$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
190.50%1.34%
People paid over $100,000
Part VII, line 2
1427
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
1,477.36.6
Independent voting board members
Part VI 1a–1b
8 of 1288.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$2.4M expenses · 100.0% of program spending · revenue $2.7M

No description in Part III; see the filing.

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO (EX-OFF) (CEO, BILH)
Officer, 1.00 hrs/week
$0$3,665,891$1,068,480$4,734,371
TREAS (EX-OFF) (EXEC VP & CFO, BILH)
Officer, 1.00 hrs/week
$0$1,386,253$2,208,450$3,594,703
FORMER TRUSTEE, CEO & PRESIDENT
Former, 0.00 hrs/week
$959,979$0$623,368$1,583,347
FORMER CHIEF EXECUTIVE PHYSICIAN
Former, 0.00 hrs/week
$733,115$0$555,392$1,288,507
CLERK (EX-OFF); BILH GENERAL COUNSEL
Officer, 1.00 hrs/week
$0$1,001,061$33,790$1,034,851
TRUSTEE (EX-OFFICIO) & PRESIDENT
Director/trustee, officer, 55.00 hrs/week
$913,756$0$38,605$952,361
FRMR VP STRAT/COMM REL/MKTG/ADVANCE
Former, 0.00 hrs/week
$481,500$0$431,710$913,210
ASST TREAS (EX-OFF) & CFO
Officer, 55.00 hrs/week
$644,590$0$25,522$670,112

14 people received more than $100,000 in reportable compensation from Exeter Health Resources (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$5.2M$2.5M98.0%$306M$4,734,371
FY2024 ⓘ$13M$11M96.9%$286M$5,410,415
FY2023 ⓘ$18M$16M92.5%$274M$2,807,152
FY2022 ⓘ$23M$19M90.4%$299M$1,514,145
FY2021 ⓘ$16M$14M97.2%$359M$1,115,889
FY2020 ⓘ$16M$15M87.2%$260M$1,693,536

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 8 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26Yes
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 522
  • Volunteers Part I, line 68

Correct a figure or respond

Every number above is copied from Exeter Health Resources's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Exeter Health Resources, you can publish a response that is linked from this page.

Questions people ask

How much of Exeter Health Resources's spending goes to programs?

In the fiscal year ending September 30, 2025, Exeter Health Resources reported that 98.0% of its $2.5 million in expenses went to program services, 2.0% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Exeter Health Resources pay its top executive?

The largest total compensation Exeter Health Resources reported for one person in the fiscal year ending September 30, 2025 was $4,734,371, for the role of CEO (EX-OFF) (CEO, BILH) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Exeter Health Resources get its money?

Of $5.2 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 52.4% from program service revenue (Form 990, Part VIII).

Is Exeter Health Resources a registered charity?

The IRS lists EIN 02-0222126 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202642269349300724 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502279349302620 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432279349300118 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202342229349300119 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242279349300409 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102249349301010 · read the filing

All filings for EIN 02-0222126: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.