NonprofitsSouthcoast Health System Inc

Health Care

Southcoast Health System Inc

NEW BEDFORD, MA

Total revenue

$32.2M

Total expenses

$17.1M

Net assets

$261.0M

Grants received

$2.1M

41 grants

EIN

042794625

Tax year

2023

Mission

See schedule othe mission of southcoast health system (shs) is to care for and improve the health and promote the wellness of the individuals in the shs communities.

Programs

2 programs

Southcoast accountable care organization - southcoast health system, through its interest in southcoast accountable care organization, aims to expand the delivery of healthcare services with a variety of public and private payers and to support the reducing of costs of care while improving quality and patient experience.

Expenses: $2.4M

Southcoast behavioral health - southcoast health system, through its interest in southcoast behavioral health (sbh), aims to address an urgent healthcare need of the community it serves by providing high quality medical care for community members facing behavioral health issues.

Financials

FY 2023

Revenue

Contributions & grants$1.6M
Program service revenue$22.1M
Investment income$8.5M
Other revenue
Total revenue$32.2M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$17.1M
Total expenses$17.1M
Total assets$291.3M
Net assets$261.0M

People

28 listed

NameRoleCompensation

RAYFORD KRUGER MD

PRES & CEO, EX-OFFICIO (TO 1/24)

Board

8.5 hrs/wk

ILANA FEINERMAN MD

TRUSTEE

Board

1.5 hrs/wk

DAVID MCCREADY

EX-OFFICIO, PRES & CEO (FROM 1/24)

Board

37.5 hrs/wk

JOHN MUNGOVAN MD

TRUSTEE (AS OF 1/2024)

Board

1.5 hrs/wk

ROBERT RONAN MD

TRUSTEE (UNTIL 12/2023)

Board

1.5 hrs/wk

SALMAN BASHIR MD

TRUSTEE

Board

1.5 hrs/wk

CARMEN F SYLVESTER

VICE CHAIR

Board

2.5 hrs/wk

CHRISTOPHER HODGSON

TRUSTEE, CLERK (AS OF 1/2024)

Board

2.5 hrs/wk

DONALD G GIUMETTI

CHAIR

Board

2.5 hrs/wk

JAMES JEROME COOGAN

CLERK (UNTIL 12/2023)

Board

2.5 hrs/wk

DENNIS FUSCO

TRUSTEE

Board

1.5 hrs/wk

ELIZABETH HUIDEKOPER

TRUSTEE

Board

1.5 hrs/wk

HELENA DASILVA HUGHES

TRUSTEE

Board

1.5 hrs/wk

JASON RUA

TRUSTEE

Board

1.5 hrs/wk

JAY SCHACHNE MD

TRUSTEE

Board

1.5 hrs/wk

JONATHAN L ROUNDS

TRUSTEE

Board

1.5 hrs/wk

LOUIS CABRAL

TRUSTEE

Board

1.5 hrs/wk

W HUGH M MORTON

TRUSTEE

Board

1.5 hrs/wk

RENEE CLARK

ASST. CLERK/ EVP & COO

Board

2.5 hrs/wk

WADE BROUGHMAN

TREASUER/ EVP FIN & CFO

Board

5.5 hrs/wk

JEFFREY LAWRENCE MD

SVP, CTIO, PIC (TO 4/24)

Staff

24 hrs/wk

LAUREN MELBY

VP POPULATION HEALTH

Staff

60 hrs/wk

CHRISTINE M CERNAK

ED-INTEGRATED CARE MANAGEMENT

Staff

40 hrs/wk

KENNETH EUGENIO

M-OPERATIONS-SHN

Staff

40 hrs/wk

DANIELLE A MEDINA

ED-CONTRACTING

Staff

40 hrs/wk

DAWN DAVIDIAN

TL-RN-CARE NAVIGATION

Staff

40 hrs/wk

LINDA CLARK

PHARMACIST-CLINICAL SPEC-AMB C

Staff

40 hrs/wk

KEITH HOVAN

FORMER EX-OFFICIO AND PRESIDENT & CEO

Staff

0

Independent contractors

COMMUNITY SERVINGS INC

MEAL DELIVERY SERVICE

$531K

MERCER

INVESTMENT MANAGEMENT

$200K

PREMIER HEALTHCARE SOLUTIONS

HEALTHCARE CONSULTING

$182K

EPIC SYSTEMS CORPORATION

IT SYSTEMS AND TECH SUPPORT

$105K

Grants received

Showing 41 of 41

FromAmountPurposeYear
$166K
UNRESTRICTED GENERAL
2024
$36K
HEALTH AND HUMAN SERVICES
2024
$10K
UNRESTRICTED
2024
$10K
HEALTHY COMMUNITY
2024
$1K
GENERAL PURPOSES
2024
$137K
UNRESTRICTED GENERAL
2023
$134K
UNRESTRICTED GENERAL
2023
$20K
For grant recipient's exempt purposes
2023
$1K
GENERAL PURPOSES
2023
$500
PROGRAM/OPERATING SUPPORT
2023
$300
PROGRAM/OPERATING SUPPORT
2023
$75
PROGRAM/OPERATING SUPPORT
2023
$115K
UNRESTRICTED GENERAL
2022
$25K
ANNUAL FUND - FALL APPEAL JAYNE REBELLO KORN AND JOHN F. KORN FUND
2022
$16K
For grant recipient's exempt purposes
2022
$146K
For grant recipient's exempt purposes
2021
$146K
For grant recipient's exempt purposes
2021
$133K
UNRESTRICTED GENERAL
2020
$130K
UNRESTRICTED GENERAL
2020
$77K
For grant recipient's exempt purposes
2020
$36K
ST. LUKES HOSPITAL OPERATING SUPPORT; TOBEY HOSPITAL GENERAL OPERATING SUPPORT; RADIOLOGY STAFF AWARD
2020
$13K
NEONATAL ABSTINENCE SYNDROME PATIENT ADVOCACY PILOT PROGRAM
2020
$11K
CHARITABLE CONTRIBUTIONS
2020
$10K
GENERAL SUPPORT
2020
$5K
SUPPORT FOR CURRENT PROGRAMS
2020
$124K
UNRESTRICTED GENERAL
2019
$50K
HEALTH/HUMAN SERVICES
2019
$45K
For grant recipient's exempt purposes
2019
$26K
ST. LUKES HOSPITAL OPERATING SUPPORT; TOBEY HOSPITAL GENERAL OPERATING SUPPORT; RADIOLOGY STAFF AWARD
2019
$5K
SUPPORT FOR TOBEY HOSPITAL
2019
$51K
For grant recipient's exempt purposes
2018
$26K
ST. LUKES HOSPITAL OPERATING SUPPORT; TOBEY HOSPITAL GENERAL OPERATING SUPPORT; RADIOLOGY STAFF AWARD
2018
$53K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$50K
HEALTH/HUMAN SERVICES
2017

Funded by

$2.1M from 18 funders · 41 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$554K · 8 grants · 2017–2023

Earle P Charlton Trust

$503K · 4 grants · 2019–2023

Ida S Charlton Fund

$436K · 3 grants · 2020–2024

Southcoast Community Foundation Inc

$149K · 5 grants · 2018–2024

Bristol County Savings Charitable

$100K · 2 grants · 2017–2019

St Anne's Credit Union

$11K · 1 grant · 2020

Details

EIN042794625
NTEE codeE210
Subsection03
Ruling date2000-11
Formed1986
Employees0
Volunteers12
SOUTHCOAST HEALTH SYSTEM INC — Mission, Financials & Grants Received | Grantivo