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CHS of Waltham

Also known as Maristhill Nursing & Rehabilitation

Waltham, MA · EIN 04-3333609 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

CHS of Waltham reported $11.0 million in revenue and $13.3 million in expenses for calendar year 2024. Of every $100 it spent, $91.74 went to program services, $8.26 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: 99.2% of the total. The highest compensation it reported for one person was $268,376 (LPN). 8 people received more than $100,000 in reportable compensation. Revenue rose 6% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $13M

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

Calendar year 2024 · Form 990, Part VIII · total revenue $11M

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

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
8.3%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
0.5%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.2%93.7%
Highest reported compensation
Part VII-A, columns D–F
$268,376$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.02%1.34%
People paid over $100,000
Part VII, line 2
827
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-3.06.6
Independent voting board members
Part VI 1a–1b
5 of 588.9%

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

2024 · Form 990, Part III · the three largest programs by expense
$12M expenses · 100.0% of program spending · revenue $11M

Maristhill Nursing and Rehabilitation Center provided 32,005 days of skilled nursing services during 2024, and 24,272 days of skilled services to Medicaid recipients

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
LPN
Highest compensated employee, 84.00 hrs/week
$227,731$0$40,645$268,376
RN
Highest compensated employee, 56.00 hrs/week
$159,279$0$28,652$187,931
RN Manager
Highest compensated employee, 44.00 hrs/week
$133,301$0$39,105$172,406
President & CEO
Officer, 40.00 hrs/week
$150,181$0$7,920$158,101
Nurse Manager/LPN
Highest compensated employee, 45.00 hrs/week
$124,496$0$18,013$142,509
RN
Highest compensated employee, 47.00 hrs/week
$116,663$0$12,173$128,836

8 people received more than $100,000 in reportable compensation from CHS of Waltham (Part VII, line 2). Compensation of current officers, directors and key employees totaled $158K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20M201920202021202220232024$11M$13M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$11M$13M91.7%−$3.3M$268,376
2023 ⓘ$12M$13M90.8%−$1.0M$235,745
2022 ⓘ$11M$11M89.5%−$337K$271,452
2021 ⓘ$9.0M$9.9M87.5%$68,000$172,353
2020 ⓘ$10M$10M91.0%$1.1M$208,840
2019 ⓘ$10M$11M91.9%$1.2M$183,225

Governance answers, as filed

2024 · 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–1b5 · 5 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 2No
  • 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 4Yes
  • 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 5128
  • Volunteers Part I, line 67

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Covenant Health Inc
Management services
$512,420
Performance Health Care Services Inc
Laundry and housekeeping
$430,091
B4Health LLC
Nursing agency
$334,909
US Foods
Food services.
$292,493
ConnectRN Inc
Nursing agency
$185,255

Individuals listed as contractors are left out. 14 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from CHS of Waltham's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for CHS of Waltham, 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 CHS of Waltham's spending goes to programs?

In calendar year 2024, CHS of Waltham reported that 91.7% of its $13.3 million in expenses went to program services, 8.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does CHS of Waltham pay its top executive?

The largest total compensation CHS of Waltham reported for one person in calendar year 2024 was $268,376, for the role of LPN (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does CHS of Waltham get its money?

Of $11.0 million in revenue in calendar year 2024, 0.5% came from contributions and grants and 99.2% from program service revenue (Form 990, Part VIII).

Is CHS of Waltham a registered charity?

The IRS lists EIN 04-3333609 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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

  • 2024: Form 990 for calendar year 2024, object 202523039349300612 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403199349304265 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313109349301021 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203059349301690 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143149349305164 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033119349300308 · read the filing

All filings for EIN 04-3333609: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.