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Southcoast Health System

New Bedford, MA · EIN 04-2794625 · 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

Southcoast Health System reported $36.7 million in revenue and $17.2 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $80.52 went to program services, $19.48 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: 66.1% of the total. The highest compensation it reported for one person was $1,798,618 (EX-OFFICIO, PRESIDENT & CEO). Revenue rose 2% 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 $17M

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 $37M

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)
80.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
19.5%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
0.1%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
66.1%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,798,618$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
10.47%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
198.26.6
Independent voting board members
Part VI 1a–1b
12 of 1688.9%

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
$12M expenses · 83.3% of program spending · revenue $14M

Southcoast Health network - Southcoast Health System, through its interest in Southcoast Health network (shn), aims to provide network management and support services to physicians and other medical professionals associated with the system

$2.3M expenses · 16.7% of program spending · revenue $4.6M

Southcoast accountable care organization - Southcoast Health System, through its interest in southcoast accountable care organization, aims to expand the delivery of healthcare services with a variety of public and private payers and to support the reducing of costs of care while improving quality and patient experience

— expenses · revenue $5.1M

Southcoast behavioral health - Southcoast Health System, through its interest in southcoast behavioral health (sbh), aims to address an urgent healthcare need of the community it serves by providing high quality medical care for community members facing behavioral health issues

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
EX-OFFICIO, PRESIDENT & CEO
Director/trustee, officer, 37.50 hrs/week
$0$1,594,229$204,389$1,798,618
12/24), CLERK (AS OF 1/25), EVP COO
Officer, 8.50 hrs/week
$0$1,221,168$203,192$1,424,360
FORMER PRESIDENT & CEO, EX OFFICIO
Former, 0.00 hrs/week
$0$1,316,776$32,290$1,349,066
CMIO
Key employee, 10.00 hrs/week
$0$1,217,862$44,560$1,262,422
TREASURER/EVP FIN & CFO (TO 12/2024)
Officer, 5.50 hrs/week
$0$1,093,225$40,272$1,133,497
SVP - CHIEF DIGITAL INFO OFFICER
Key employee, 55.00 hrs/week
$0$818,186$143,633$961,819
PHYSICIAN & CMO
Key employee, 20.00 hrs/week
$0$768,979$42,720$811,699
TRUSTEE
Director/trustee, 1.50 hrs/week
$0$678,729$39,148$717,877

0 people received more than $100,000 in reportable compensation from Southcoast Health System (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
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$37M$17M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$37M$17M80.5%$284M$1,798,618
FY2024 ⓘ$32M$17M79.6%$261M$1,615,731
FY2023 ⓘ$32M$16M80.4%$227M$4,500,160
FY2022 ⓘ$46M$18M89.8%$206M$2,418,356
FY2021 ⓘ$39M$14M98.6%$213M$2,741,895
FY2020 ⓘ$36M$18M98.7%$163M$2,553,818

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–1b16 · 12 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 15aNo
  • 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 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • 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 50
  • Volunteers Part I, line 612

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
PREMIER HEALTHCARE SOLUTIONS
Healthcare consulting
$372,384
MERCER
Investment management and consulting
$256,750
9351205 CANADA INC
Consulting
$222,500
EPIC SYSTEMS CORPORATION
It systems tech and support
$121,955
COLLECTIVE MEDICAL TECHNOLOGIES INC
Subscription services
$104,466

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

10 private foundations reported grants to Southcoast Health System totaling $443K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

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

Similar-sized charities in this cause

All health care charities · Largest charities in Massachusetts

Questions people ask

How much of Southcoast Health System's spending goes to programs?

In the fiscal year ending September 30, 2025, Southcoast Health System reported that 80.5% of its $17.2 million in expenses went to program services, 19.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Southcoast Health System pay its top executive?

The largest total compensation Southcoast Health System reported for one person in the fiscal year ending September 30, 2025 was $1,798,618, for the role of EX-OFFICIO, PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Southcoast Health System get its money?

Of $36.7 million in revenue in the fiscal year ending September 30, 2025, 0.1% came from contributions and grants (including 0.1% from government grants) and 66.1% from program service revenue (Form 990, Part VIII).

Is Southcoast Health System a registered charity?

The IRS lists EIN 04-2794625 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 202612309349301686 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202542279349303444 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202402289349302620 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202332279349304133 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202232279349304198 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202122289349302767 · read the filing

All filings for EIN 04-2794625: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.