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Neighborhealth Corporation

East Boston, MA · EIN 23-7425849 · 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

Neighborhealth Corporation reported $277.7 million in revenue and $278.9 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $83.60 went to program services, $16.40 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: 64.8% of the total. Government grants made up 14.5%. The highest compensation it reported for one person was $604,222 (PRESIDENT & CEO (UNTIL 5/25)). 353 people received more than $100,000 in reportable compensation. Revenue rose 62% 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 $279M

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 $278M

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)
83.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
16.4%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
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
18.8%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
14.5%0.1%
Program service revenue share
Part VIII 2g ÷ 12
64.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$604,222$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.22%1.34%
People paid over $100,000
Part VII, line 2
35327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
4.96.6
Independent voting board members
Part VI 1a–1b
13 of 1388.9%

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
$119M expenses · 51.2% of program spending · revenue $85M

In fiscal year 2025 the Neighborhealth Corporation corp. Continued its mission to promote and sustain healthy communities, families, and individuals by providing accessible, person-centered, compassionate, high-quality health care services to everyone who lives and works in our service area, regardless of their ability to pay. During the fiscal year ended september 30, 2025, Neighborhealth Corporation provided 390,622 patient visits

$82M expenses · 35.1% of program spending · revenue $97M

The neighborhood pace program continued to provide comprehensive, all-inclusive care for older adults. During the fiscal year ended september 30, 2025, the program delivered direct care totaling 11,178 member months for its pace participants

$32M expenses · 13.7% of program spending · revenue $42M

The pharmacy provides onsite and home-delivered prescription medications to health center patients. Patients also have access to discounted prescriptions through select 340b pharmacy partners in the surrounding area.during the fiscal year ended september 30, 2025, the organization filled 592,642 prescriptions

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
PRESIDENT & CEO (UNTIL 5/25)
Officer, 39.00 hrs/week
$553,312$0$50,910$604,222
EXECUTIVE VP & COO (UNTIL 6/25)
Officer, 40.00 hrs/week
$426,382$0$40,699$467,081
PRESIDENT & CEO/ CFO
Officer, 39.00 hrs/week
$357,326$0$38,837$396,163
CHIEF MEDICAL OFFICER
Officer, 40.00 hrs/week
$330,243$0$43,996$374,239
MEDICAL DIRECTOR/PACE
Highest compensated employee, 40.00 hrs/week
$295,055$0$36,378$331,433
MEDICAL DIRECTOR ADULT MEDICINE
Highest compensated employee, 40.00 hrs/week
$287,848$0$35,550$323,398
PHYSICIAN
Highest compensated employee, 40.00 hrs/week
$280,898$0$9,532$290,430
CHIEF MEDICAL OFFICER (UNTIL 7/24)
Officer, 40.00 hrs/week
$282,906$0$4,676$287,582

353 people received more than $100,000 in reportable compensation from Neighborhealth Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.1M (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$100M$200M$300M$400MFY2020FY2021FY2022FY2023FY2024FY2025$278M$279M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$278M$279M83.6%$114M$604,222
FY2024 ⓘ$248M$259M82.7%$112M$663,535
FY2023 ⓘ$251M$242M81.8%$119M$594,726
FY2022 ⓘ$226M$201M81.2%$108M$818,975
FY2021 ⓘ$207M$189M81.8%$87M$673,712
FY2020 ⓘ$171M$163M80.6%$69M$655,123

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–1b13 · 13 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 51,616
  • Volunteers Part I, line 696

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
BLUEWATER EMERGENCY PARTNERS LLC
Medical services
$7,285,323
CORNERSTONE HEALTH SOLUTIONS LLC
Medical consultants
$2,523,475
BOSTON UNIVERSITY MEDICAL CENTER RADIOLO
Medical services
$2,182,147
AMERICAN MOBILE NURSING HEALTHCARE INC
Medical consultants
$1,910,180
BU FAMILY MEDICINE
Medical services
$1,786,821

Individuals listed as contractors are left out. 78 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Neighborhealth Corporation totaling $1,750 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 Neighborhealth Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Neighborhealth Corporation, 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 Neighborhealth Corporation's spending goes to programs?

In the fiscal year ending September 30, 2025, Neighborhealth Corporation reported that 83.6% of its $278.9 million in expenses went to program services, 16.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Neighborhealth Corporation pay its top executive?

The largest total compensation Neighborhealth Corporation reported for one person in the fiscal year ending September 30, 2025 was $604,222, for the role of PRESIDENT & CEO (UNTIL 5/25) (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Neighborhealth Corporation get its money?

Of $277.7 million in revenue in the fiscal year ending September 30, 2025, 18.8% came from contributions and grants (including 14.5% from government grants) and 64.8% from program service revenue (Form 990, Part VIII).

Is Neighborhealth Corporation a registered charity?

The IRS lists EIN 23-7425849 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 202602269349302365 · read the filing
  • FY2024: Form 990 for the fiscal year ending September 30, 2024, object 202512259349300546 · read the filing
  • FY2023: Form 990 for the fiscal year ending September 30, 2023, object 202442269349301859 · read the filing
  • FY2022: Form 990 for the fiscal year ending September 30, 2022, object 202312129349301751 · read the filing
  • FY2021: Form 990 for the fiscal year ending September 30, 2021, object 202212159349300816 · read the filing
  • FY2020: Form 990 for the fiscal year ending September 30, 2020, object 202142259349301959 · read the filing

All filings for EIN 23-7425849: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.