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Tufts Shared Services

Boston, MA · EIN 23-7000827 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending September 30, 2025 (tax year 2024) · View the filing · Correct or respond

Tufts Shared Services reported $34.3 million in revenue and $32.0 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $94.70 went to program services, $5.30 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: 97.8% of the total. The highest compensation it reported for one person was $1,224,871 (FORMER BOARD MEMBER). 16 people received more than $100,000 in reportable compensation. Revenue rose 16% 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 $32M

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 $34M

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)
94.7%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
5.3%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
0.0%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
97.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,224,871$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.83%1.34%
People paid over $100,000
Part VII, line 2
1627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.16.6
Independent voting board members
Part VI 1a–1b
2 of 688.9%

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
$16M expenses · 51.9% of program spending · revenue $17M

Utility supply center - the usc provides utility related service to most of tufts medical center and tufts university buildings between harrison avenue and tremont street. Each institution is responsible for their share of the utilities. Its principal location is in the dental building basement. It also operates the tufts human nutrition research center's utility supply center and supplies nights, weekends, and holiday coverage for tufts medical center. The usc also manages central electricity, steam, water and sewer, and natural gas

$13M expenses · 42.7% of program spending

Rental and parking - weekday parking is restricted to the medical center and university use. On evenings and weekends the tremont street garage is open to commercial parking. The parking department funds the t-pass subsidy.- tremont street garage-mortgage paid 6/2008.- traveler street garage-owned by tss, inc.- herald street garage-leased- hudson/tyler street lot-leased- motor mart garage-leased- verizon lot-leased

$1.6M expenses · 5.4% of program spending · revenue $1.9M

Copy center - the copy center competitively provides printing services to tufts medical center, and to tufts university at its boston, medford and grafton campuses. It does some commercial work for outside customers. It also provides office copiers and paper

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
FORMER BOARD MEMBER
Former, 0.00 hrs/week
$0$1,100,883$123,988$1,224,871
BOARD MEMBER
Director/trustee, 1.00 hrs/week
$0$520,958$53,930$574,888
BOARD MEMBER
Director/trustee, 1.00 hrs/week
$0$378,090$77,535$455,625
FORMER BOARD MEMBER
Former, 0.00 hrs/week
$0$327,648$33,862$361,510
BOARD MEMBER
Director/trustee, 1.00 hrs/week
$0$300,618$37,103$337,721
FORMER BOARD MEMBER
Former, 1.00 hrs/week
$0$233,414$68,981$302,395
BOARD MEMBER
Director/trustee, 1.00 hrs/week
$0$267,015$20,464$287,479
EXECUTIVE DIRECTOR
Officer, 40.00 hrs/week
$248,080$0$33,354$281,434

16 people received more than $100,000 in reportable compensation from Tufts Shared Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $489K (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
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$34M$32M94.7%$32M$1,224,871
FY2024 ⓘ$34M$32M94.6%$30M$1,137,502
FY2023 ⓘ$36M$35M95.0%$27M$808,040
FY2022 ⓘ$36M$32M96.2%$26M$821,825
FY2021 ⓘ$31M$29M96.1%$22M$833,005
FY2020 ⓘ$30M$31M95.1%$20M$741,275

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–1b6 · 2 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 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 577

Correct a figure or respond

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

Questions people ask

How much of Tufts Shared Services's spending goes to programs?

In the fiscal year ending September 30, 2025, Tufts Shared Services reported that 94.7% of its $32.0 million in expenses went to program services, 5.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Tufts Shared Services pay its top executive?

The largest total compensation Tufts Shared Services reported for one person in the fiscal year ending September 30, 2025 was $1,224,871, for the role of FORMER BOARD MEMBER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Tufts Shared Services get its money?

Of $34.3 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 97.8% from program service revenue (Form 990, Part VIII).

Is Tufts Shared Services a registered charity?

The IRS lists EIN 23-7000827 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

  • FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202602179349301105 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202502249349300825 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202432279349303218 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202322279349301877 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212249349301556 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202102229349300615 · read the filing

All filings for EIN 23-7000827: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.