Milford Regional Physician Group
Milford Regional Physician Group reported $117.8 million in revenue and $127.8 million in expenses for the fiscal year ending September 30, 2024. Of every $100 it spent, $97.38 went to program services, $2.62 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: 100.0% of the total. The highest compensation it reported for one person was $701,773 (President). 216 people received more than $100,000 in reportable compensation. Revenue rose 51% between FY2020 and FY2024. Source: Form 990, FY2024.
Where $100 of spending went
The fiscal year ending September 30, 2024 · Form 990, Part IX, line 25 · total expenses $128MFor 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, 2024 · Form 990, Part VIII · total revenue $118MInvestment income was negative: −$2,144. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 97.4% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.6% | 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 | 100.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $701,773 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.55% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 216 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 0.3 | 6.6 |
| Independent voting board members Part VI 1a–1b | 12 of 15 | 88.9% |
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
FY2024 · Form 990, Part III · the three largest programs by expenseMilford Regional Physicians Group has 16 primary care offices servicing the 20 communities of Central Massachusetts. Guided by its mission "to provide quality healthcare services to our community with dignity, compassion, and respect", MRPG strives to be responsive to diverse constituencies, individuals and families of all ages, employees and employers of large and small business, physicians and other healthcare providers. As a charitable organization, we acknowledge out special concern for the need of the unserved and the undeserved, especially the poor and the minority populations. Our 49…
Milford Regional Physicians Group has 21 specialist groups servicing the 20 communities of Central Massachusetts. The group of 48 specialists includes pulmonary and critical care, rheumatology, urology, obstetrics and gynecology, endocrinology, sleep medicine, ear nose & throat, and more. Our Lung Allergy & Sleep Pulmonary & Critical Care specialists have expertise in a range of respiratory conditions including but not limited to: lung cancer diagnosis and treatment; chronic obstructive lung diseases including asthma; pulmonary vascular disease including pulmonary hypertension; respiratory…
Milford Regional Physicians Group has an active hospitalists program that serves the inpatients at Milford Regional Medical Center. Our 26 hospitalists work in collaboration with our primary care physicians to provide well coordinated care to our patients while they are hospitalized. The hospitalists can also make on-the-spot decisions about patient care, follow up on test results and modify treatment plans immediately, if necessary. They provide continuity of care, answer questions and provide emotional support to patients and their families
Highest reported compensation
FY2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| President Key employee, 50.00 hrs/week | $609,715 | $0 | $92,058 | $701,773 |
| Physician Highest compensated employee, 50 hrs/week | $574,853 | $60,000 | $30,210 | $665,063 |
| Physician Highest compensated employee, 50 hrs/week | $614,623 | $48,272 | $0 | $662,895 |
| Physician Highest compensated employee, 50 hrs/week | $603,859 | $52,434 | $0 | $656,293 |
| Physican Highest compensated employee, 50 hrs/week | $569,463 | $47,775 | $0 | $617,238 |
| Physician Highest compensated employee, 50 hrs/week | $574,906 | $41,193 | $0 | $616,099 |
| Trustee Director/trustee, 50 hrs/week | $352,597 | $0 | $17,936 | $370,533 |
216 people received more than $100,000 in reportable compensation from Milford Regional Physician Group (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.1M (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2024 · 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–1b15 · 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 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 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 14bNo
- Employees Part I, line 5761
Correct a figure or respond
Every number above is copied from Milford Regional Physician Group's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Milford Regional Physician Group, you can publish a response that is linked from this page.
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Of every $100 Milford Regional Physician Group spent in FY2024, $97.38 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Milford Regional Physician Group's spending goes to programs?
In the fiscal year ending September 30, 2024, Milford Regional Physician Group reported that 97.4% of its $127.8 million in expenses went to program services, 2.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Milford Regional Physician Group pay its top executive?
The largest total compensation Milford Regional Physician Group reported for one person in the fiscal year ending September 30, 2024 was $701,773, for the role of President (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Milford Regional Physician Group get its money?
Of $117.8 million in revenue in the fiscal year ending September 30, 2024, 0.0% came from contributions and grants and 100.0% from program service revenue (Form 990, Part VIII).
Is Milford Regional Physician Group a registered charity?
The IRS lists EIN 04-3159969 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512269349303151 · read the filing · XML
- FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202412269349300951 · read the filing
- FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202302269349301105 · read the filing
- FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202242239349301129 · read the filing
- FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142289349304564 · read the filing
All filings for EIN 04-3159969: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.