MASSACHUSETTS EYE & EAR INFIRMARY

EIN: 042103591 501(c)(3) Health Care

BOSTON, MA

Total Revenue
$299,721,576
Total Expenses
$292,087,720
Total Assets
$523,876,840
Net Assets
$30,778,188
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Organization Details

Formation Year
1827
Legal Domicile
MA
Principal Officer
CAROLANN WILLIAMS
Phone
6175733942
Tax Period
2017-10-01 to 2018-09-30

MASSACHUSETTS EYE & EAR INFIRMARY, founded in 1827, is a major nonprofit in the Health Care sector that reported $299.7M in total revenue in fiscal year 2017.

Mission

THE MASSACHUSETTS EYE AND EAR INFIRMARY ("THE INFIRMARY") IS A NOT-FOR-PROFIT TEACHING HOSPITAL CONDUCTING PATIENT CARE AND RESEARCH. THE INFIRMARY IS A TEACHING HOSPITAL OF HARVARD MEDICAL SCHOOL AND AN INTERNATIONAL CENTER FOR RESEARCH. IT HAS THE MOST COMPETITIVE PROGRAM IN THE COUNTRY FOR EYE, EAR, NOSE, AND THROAT RESIDENCY TRAINING AND THE WORLD'S LARGEST OPHTHALMIC FELLOWSHIP PROGRAM. IT IS PART OF A SYSTEM OF RELATED ENTITIES THAT PROVIDE SPECIALIZED MEDICAL CARE COLLECTIVELY KNOWN AS "MASSACHUSETTS EYE AND EAR INFIRMARY" ("MEEI"). FORM 990, PART III, LINE 4A: Massachusetts Eye and Ear is a specialty hospital dedicated to excellence in the care of disorders that affect the eye, ear, nose, throat and adjacent regions of the head and neck. World-renowned for care, research and teaching in these areas of expertise, Mass. Eye and Ear physicians and scientists are driven by a mission to find cures for blindness and deafness. In the 2018-2019 "Best Hospitals Survey," U.S. News & World Report again ranked Mass. Eye and Ear a top hospital in the nation: #4 for eye care and #6 for ear, nose and throat care. The commitment to provide compassionate and accessible patient care continued with the expansion to twenty clinical care locations in Massachusetts and Rhode Island. In 2018 Mass. Eye and Ear became a proud member of the Partners HealthCare system. This integration has and will continue to allow for a more seamless sharing of some of the centralized services Partners extends to its entities, including PeopleSoft (enterprise resource planning) and Epic (unified patient care system). CLINICAL HIGHLIGHTS DEPARTMENT OF OPHTHALMOLOGY - FACULTY HIRES Paolo Bispo, PhD Yihe Chen, MD Deborah Jacobs, MD Lynette Johns, OD Patrick Lee, OD Courtney Ondeck, MD, MPhil Elizabeth Rossin, MD, PhD Bart Chwalisz, MD (part-time) David Sola-Del Valle, MD Allison Soneru, MD Aisha Traish, MD Tav van Zyl, MD Nazlee Zebardast, MD, MSc Department of Ophthalmology - Faculty Appointments Professor of Ophthalmology Eric Pierce, MD, PhD: William F. Chatlos Professor of Ophthalmology Associate Professor of Ophthalmology Dean Cestari, MD Jack Greiner, MS, OD, DO, PhD (Part-time) Tatjana Jakobs, MD George Papaliodis, MD Luk Vandenberghe, PhD Mary Aronow, MD Assistant Professor of Ophthalmology Petr Baranov, MD, PhD Jason Comander, MD, PhD Tobias Elze, PhD Kevin Houston, OD, MSc Charles Leahy, OD, MS (Part-time) John B. Miller, MD Ayellet Segr, MSc, PhD Brian Song, MD Yoshihiro Yonekawa, MD Instructor in Ophthalmology Paulo Bispo, PhD Yihe Chen, MD Department of Otolaryngology - Faculty Hires Full-time Medical Staff Dunia E. Abdul-Aziz, MD Craig A. Jones, MD Matthew R. Naunheim, MD Michael D. Otremba, MD Research Faculty Daniel L. Faden, MD Srinivas Vinod Saladi, PhD Community-based Medical Staff Pamela S. Jones, MD Vishnu Kannabiran, MD Geoffrey E. Leber, MD, FACS George A. Scangas, MD Department of Otolaryngology - Faculty Appointments Professor Mark A. Varvares, MD Associate Professor Stacey T. Gray, MD Kristina Simonyan, MD, PhD, Dr med Assistant Professor Alicia M. Quesnel, MD Anne E. Takesian, PhD Department of Otolaryngology - Other Promotions/New Leadership Jean Bruch, DMD, MD, was named director of the Norman Knight Hyperbaric Medicine Center Nate Jowett, MD, FRCSC, was named director of the Surgical Photonics and Engineering Laboratory Faisal Karmali, PhD, and Richard F. Lewis, MD, were named co-directors of the Jenks Vestibular Physiology Laboratory Konstantina M. Stankovic, MD, PhD, FACS, was promoted to director of the Division of Otology and Neurotology Department of Anesthesiology - Faculty Hires Melina Hutchison, CRNA Timothy Riley, CRNA Department of Anesthesiology - Faculty Promotions Alvaro Andres Macias, MD: Associate Clinical Director; Assistant Professor, Active Staff Mass Eye and Ear Iuliu Fat, MD: Associate Medical Director for Preoperative Evaluation and Testing; Associate Anesthesiologist, Active Staff, Mass Eye and Ear Gustavo Lozada, MD, MMED: Co-Director of Ambulatory Anesthesia Nancy Gessner, MD: Anesthesiologist, Active Staff, Mass Eye and Ear Maria Bortkiewicz, MD: Anesthesiologist, Active Staff, Mass Eye and Ear Susanna Panitsas, MD: Associate Anesthesiologist, Active Staff, Mass Eye and Ear Benjamin Mizell, MD: Associate Anesthesiologist, Active Staff, Mass Eye and Ear Kathrin Bourdeu, MD: Associate Anesthesiologist, Active Staff, Mass Eye and Ear Artem Grush, MD: Anesthesiologist, Active Staff, Mass Eye and Ear Nita Sahani, MBBS: Associate Anesthesiologist, Active Staff, Mass Eye and Ear Yana Levin, MD: Associate Anesthesiologist, Active Staff, Mass Eye and Ear Department of Radiology For FY18, the Department of Radiology had a total of 160 resident and fellow rotations joining Dr. Curtin and faculty for daily read out sessions and head and neck imaging training (44 from MGH, 49 from BWH, and 67 from BIDMC).

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $47,345,277
Program Service Revenue $243,229,424
Investment Income $4,729,380
Other Revenue $4,417,495
TOTAL REVENUE $299,721,576

Expense Breakdown

Grants Paid $19,510,604
Salaries & Benefits $118,670,627
Fundraising Expenses $2,723,969
Program Expenses $222,190,714
Other Expenses $153,787,273
TOTAL EXPENSES $292,087,720

Year-over-Year Comparison

2017 2016 Change
Revenue $299,721,576 $278,938,745 +0.1%
Expenses $292,087,720 $276,098,408 +0.1%
Net Income $7,633,856 $2,840,337 +1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
14
Employees
2109
Volunteers
192

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$2,527,381
Total Directors
22
$5,418,811
Key Employees
9
$3,053,149
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN R FERNANDEZ PRESIDENT 37.0
Officer Director
$1,143,642 $229,175 $1,372,817
WYCLIFFE GROUSBECK CHAIR 3.0
Officer Director
$0 $0 $0
JONATHAN UHRIG TREASURER 3.0
Officer Director
$0 $0 $0
DEWALT PETE ANKENY DIRECTOR 2.0
Director
$0 $0 $0
JAMES CARLISLE DIRECTOR 2.0
Director
$0 $0 $0
CHARLES DE GUNZBERG DIRECTOR 2.0
Director
$0 $0 $0
HARVEY FREISHTAT DIRECTOR 2.0
Director
$0 $0 $0
LYLE HOWLAND SECRETARY 2.0
Officer Director
$0 $0 $0
DIANE E KANEB DIRECTOR 2.0
Director
$0 $0 $0
JOAN W MILLER MD DIRECTOR 27.0
Director
$0 $148,157 $1,052,983
ANNETTE NOVA DIRECTOR (UNTIL 12/17) 2.0
Director
$0 $0 $0
WILLIAM ROMAN DIRECTOR (UNTIL 12/17) 2.0
Director
$0 $0 $0
EUGENE HILL DIRECTOR 2.0
Director
$0 $0 $0
ROBERT ATCHINSON DIRECTOR 2.0
Director
$0 $0 $0
ROBERT KNAPP DIRECTOR 2.0
Director
$0 $0 $0
D BRADLEY WELLING DIRECTOR 29.0
Director
$0 $158,175 $1,221,227
THOMAS LAUER DIRECTOR 2.0
Director
$0 $0 $0
KEITH D LILLEMOE MD DIRECTOR (SINCE 7/18) 2.0
Director
$0 $62,940 $1,079,632
TINA SMITH DIRECTOR 2.0
Director
$0 $0 $0
THOMAS SEQUIST MD DIRECTOR (SINCE 7/18) 2.0
Director
$0 $46,400 $692,152
KATRINE BOSLEY DIRECTOR (SINCE 12/17) 2.0
Director
$0 $0 $0
JONATHAN KUTCHINS DIRECTOR (UNTIL 12/17) 2.0
Director
$0 $0 $0
MAUREEN KELLEY ASST SECRETARY (UNTIL 5/18) 53.0
Officer
$196,400 $21,289 $217,689
CAROLANN WILLIAMS CFO & VP FINANCE AND ADMIN 49.0
Officer
$491,994 $18,998 $510,992
MARTHA PYLE FARRELL ASST SECRETARY 49.0
Officer
$399,988 $25,895 $425,883
BARBARA J SCULLY DIRECTOR PROF REV CYCLE 30.0
Key Emp
$191,046 $22,708 $213,754
EILEEN O LOWELL CNO & VP PAT CARE SVS 60.0
Key Emp
$321,769 $15,221 $336,990
KENNETH HOLMES CFO MEEA 30.0
Key Emp
$300,617 $24,792 $325,409
JEFFREY J PIKE CHIEF OPERATING OFFICER 60.0
Key Emp
$387,742 $9,778 $397,520
RALPH T PELOSI DIRECTOR FACILITIES PLANNING 60.0
Key Emp
$193,138 $3,749 $196,887
DEBRA ROGERS VP OPHTHALMOLOGY 20.0
Key Emp
$301,334 $16,757 $318,091
RACHEL WASSERSTROM VP OTOLARYNGOLOGY 30.0
Key Emp
$286,902 $24,654 $311,556
MICHAEL RICCI CHIEF INFORMATION OFFICER 60.0
Key Emp
$255,576 $16,232 $271,808
SUNIL EAPPEN MD CHIEF MEDICAL OFFICER 31.0
Key Emp
$0 $58,175 $681,134
JENNIFER STREET VP COMMUNICATIONS & PLANNING 60.0
Highest
$394,488 $23,671 $418,159
MELISSA M PAUL CHIEF DEVELOPMENT OFFICER 60.0
Highest
$307,369 $24,789 $332,158
GLENN W BUNTING VOICE & SPEECH CLINICAL DIR 60.0
Highest
$194,732 $23,222 $217,954
ROBIN SWITZER DIRECTOR OF HUMAN RESOURCES 60.0
Highest
$193,764 $3,392 $197,156
LEO J HILL DEPUTY CIO 60.0
Highest
$196,670 $3,089 $199,759
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $299,721,576 $292,087,720 $523,876,840 $7,633,856
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