The Mary Imogene Bassett Hospital
Also known as Bassett Medical Center
The Mary Imogene Bassett Hospital reported $790.7 million in revenue and $835.2 million in expenses for calendar year 2024. Of every $100 it spent, $95.14 went to program services, $4.75 to management and general costs and $0.11 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.9% of the total. The highest compensation it reported for one person was $1,385,752 (Snr Attending Physician). 1,069 people received more than $100,000 in reportable compensation. Revenue rose 31% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $835MFor 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 $791MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 95.1% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.8% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.1% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.02 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 6.4% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 4.2% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 92.9% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,385,752 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.17% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 1,069 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 15 of 17 | 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
2024 · Form 990, Part III · the three largest programs by expenseInpatient and outpatient services provided to our patients resulted in over 11,000 hospitalizations, 50,000 patient days, 15,000 emergency visits, 634,000 outpatient visits and 8,000 surgical cases
Community involvement has been linked to bassett's mission and values since it first opened in 1921. Whether it is strengthening our community relationships for health and wellness, communicating ideas for improving our services to our region, or providing a forum for bassett to learn and listen, we are working with our community to improve the quality of life of the people of our region. Our community services program provides free services to persons who cannot afford to pay, who do not qualify for medicaid, and who fall within the established income guidelines. Bassett's community health…
Highest reported compensation
2024 · 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 |
|---|---|---|---|---|
| Snr Attending Physician Highest compensated employee, 40.0 hrs/week | $1,348,890 | $0 | $36,862 | $1,385,752 |
| Associate Chief Highest compensated employee, 40.0 hrs/week | $1,005,697 | $0 | $30,500 | $1,036,197 |
| Division Chief Plastic Reconstructive Highest compensated employee, 40.0 hrs/week | $929,324 | $0 | $36,400 | $965,724 |
| Snr Attending Physician Highest compensated employee, 40.0 hrs/week | $873,564 | $0 | $33,720 | $907,284 |
| Division Chief Highest compensated employee, 40.0 hrs/week | $861,711 | $0 | $35,307 | $897,018 |
| Network President CEO Director/trustee, officer, 2.0 hrs/week | $0 | $866,810 | $12,117 | $878,927 |
| BMC President Officer, 2.0 hrs/week | $0 | $809,687 | $42,289 | $851,976 |
| Interim Network CFO Officer, 40.0 hrs/week | $524,460 | $0 | $0 | $524,460 |
1,069 people received more than $100,000 in reportable compensation from The Mary Imogene Bassett Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $524K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b17 · 15 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 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 54,000
- Volunteers Part I, line 6100
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| OPTUM INSIGHT Revenue cycle and it | $66,772,256 |
| DAVIN HEALTHCARE WORKFORCE SOLUTIONS INC Agency staffing | $10,869,296 |
| AYA HEALTHCARE Recruiting services | $10,485,161 |
| MCCARTHY Engineering | $10,176,231 |
| CHG COMPANIES INC Locum tenens provider | $4,611,949 |
Individuals listed as contractors are left out. 147 contractors were paid more than $100,000 in all.
Private foundation grants it received
3 private foundations reported grants to The Mary Imogene Bassett Hospital totaling $988K 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 The Mary Imogene Bassett Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Mary Imogene Bassett Hospital, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 The Mary Imogene Bassett Hospital spent in 2024, $95.14 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- UMASS Memorial Health CARE Inc. (Parent)Worcester, MA · revenue $791M · programs 90.5% · FY2025
- Gaston Memorial HospitalGastonia, NC · revenue $791M · programs 92.7% · FY2024
- Pikeville Medical CenterPikeville, KY · revenue $790M · programs 87.7% · FY2025
- Aspirus Wausau HospitalWausau, WI · revenue $792M · programs 76.9% · FY2025
- MaineGeneral Health and AffiliatesAugusta, ME · revenue $787M · programs 79.9% · FY2025
Questions people ask
How much of The Mary Imogene Bassett Hospital's spending goes to programs?
In calendar year 2024, The Mary Imogene Bassett Hospital reported that 95.1% of its $835.2 million in expenses went to program services, 4.8% to management and general and 0.1% to fundraising (Form 990, Part IX).
How much does The Mary Imogene Bassett Hospital pay its top executive?
The largest total compensation The Mary Imogene Bassett Hospital reported for one person in calendar year 2024 was $1,385,752, for the role of Snr Attending Physician (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Mary Imogene Bassett Hospital get its money?
Of $790.7 million in revenue in calendar year 2024, 6.4% came from contributions and grants (including 4.2% from government grants) and 92.9% from program service revenue (Form 990, Part VIII).
Is The Mary Imogene Bassett Hospital a registered charity?
The IRS lists EIN 13-5596796 as a 501(c)(3) organization (hospital or medical research organization), 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 202533179349306798 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433199349310268 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303189349315650 · read the filing
- 2021: Form 990 for calendar year 2021, object 202233199349312123 · read the filing
- 2020: Form 990 for calendar year 2020, object 202103199349324090 · read the filing
- 2019: Form 990 for calendar year 2019, object 202033189349307968 · read the filing
All filings for EIN 13-5596796: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.