ANNA JAQUES HOSPITAL INC

EIN: 042104338 501(c)(3) Health Care

CHARLESTOWN, MA

Total Revenue
$145,773,360
Total Expenses
$174,531,701
Total Assets
$107,897,217
Net Assets
$1,814,529
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Organization Details

Formation Year
1884
Legal Domicile
MA
Principal Officer
KEVIN TABB MD
Phone
9784631000
Tax Period
2023-10-01 to 2024-09-30

ANNA JAQUES HOSPITAL INC, founded in 1884, is a major nonprofit in the Health Care sector that reported $145.8M in total revenue in fiscal year 2023. Expenses of $174.5M exceeded revenue, resulting in a 20% operating deficit.

Mission

HOUSING ALLOWANCES WERE PROVIDED TO ONE FORMER OFFICER, ONE KEY EMPLOYEE, AND ONE OFFICER DURING THE YEAR. THIS BENEFIT WAS TREATED AS PART OF THEIR TAXABLE COMPENSATION.

Program Service Accomplishments

Program 1
Expenses: $150,948,160 Revenue: $142,681,160

OUTPATIENT CLINICS AND SERVICES ANNA JAQUES HOSPITAL PROVIDES A COMPREHENSIVE PROGRAM OF CLINICAL SERVICES ENCOMPASSING GENERAL INTERNAL MEDICINE AND ALL THE SUBSPECIALTIES OF INTERNAL MEDICINE...

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OUTPATIENT CLINICS AND SERVICES ANNA JAQUES HOSPITAL PROVIDES A COMPREHENSIVE PROGRAM OF CLINICAL SERVICES ENCOMPASSING GENERAL INTERNAL MEDICINE AND ALL THE SUBSPECIALTIES OF INTERNAL MEDICINE, COVERING THE GAMUT OF SERVICES FROM PRIMARY TO TERTIARY CARE AS WELL AS PROVIDING SURGICAL SERVICES ON AN OUTPATIENT BASIS. THE HOSPITAL'S MEDICAL STAFF BLENDS EXPERIENCED PRIMARY CARE PHYSICIANS AND SPECIALISTS IN A WIDE VARIETY OF DISCIPLINES. THE PRIMARY CARE AND SPECIALISTS AT AJH PROVIDE OUTPATIENT PRIMARY CARE AS WELL AS GASTROINTESTINAL, OPHTHALMOLOGIC, ORTHOPEDIC, CARDIAC, DERMATOLOGIC, UROLOGICAL AND PODIATRIC PROCEDURES, PAIN MANAGEMENT, CARDIAC REHABILITATION, PULMONARY REHABILITATION, DIABETES MANAGEMENT SERVICES, AND NUTRITIONAL COUNSELING. DIAGNOSTIC FACILITIES AT AJH INCLUDE A COMPLETE 24-HOUR LABORATORY AND BLOOD BANKING SERVICES AS WELL AS DIAGNOSTIC IMAGING INCLUDING CT SCANNING, ULTRASOUND, MRI, 3D MAMMOGRAPHY, ULTRASONIC CARDIOGRAPHY, BONE DENSITOMETRY, NUCLEAR MEDICINE, PLAIN FILM RADIOLOGY AND FLUOROSCOPY. THE ANNA JAQUES CANCER CENTER CANCER, AFFILIATED WITH BETH ISRAEL DEACONESS MEDICAL CENTER, PROVIDES A FULL ARRAY OF COMMUNITY-BASED CANCER SERVICES IN NEWBURYPORT AND WHEN NEEDED, ADVANCED TREATMENT OPTIONS AND SPECIALISTS AT BIDMC IN BOSTON. DURING THE PERIOD COVERED BY THIS FILING, ANNA JAQUES HOSPITAL HAD 212,666 OUTPATIENT ENCOUNTERS. THIS INCLUDED 7,471 HOSPITAL CLINIC ENCOUNTERS, 1,456 OBSERVATION CASES, 9,638 PAIN CLINIC VISITS, 1,257 WOUND CENTER VISITS, 3,466 OUTPATIENT AMBULATORY SURGERIES, 3,748 OUTPATIENT ENDOSCOPY VISITS, 5,558 OUTPATIENT ONCOLOGY VISITS, 3,854 OUTPATIENT ONCOLOGY INFUSIONS, 8,967 OUTPATIENT EKG EXAMS, 1,084 OUTPATIENT ORTHOPEDIC PROCEDURES, 24,662 OUTPATIENT RADIOLOGY EXAMS, 16,771 OUTPATIENT CT SCANS, 17,139 OUTPATIENT ULTRASOUNDS, 7,146 OUTPATIENT MRIS, 753 OTHER NUCLEAR MEDICINE TESTS, 14,601 BREAST IMAGING EXAMS, 515,130 OUTPATIENT LAB TESTS, 16,481 OUTPATIENT REHABILITATION/PHYSICAL THERAPY VISITS, AND 35,705 OTHER TESTS AND PROCEDURES.

Program 2

INPATIENT MEDICAL / SURGICAL AND INTENSIVE CARE ANNA JAQUES HOSPITAL (AJH OR HOSPITAL) IS A 119-BED ACUTE CARE HOSPITAL THAT SERVES PATIENTS OF ALL AGES AND SERVES COMMUNITIES IN NORTHERN...

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INPATIENT MEDICAL / SURGICAL AND INTENSIVE CARE ANNA JAQUES HOSPITAL (AJH OR HOSPITAL) IS A 119-BED ACUTE CARE HOSPITAL THAT SERVES PATIENTS OF ALL AGES AND SERVES COMMUNITIES IN NORTHERN MASSACHUSETTS AND SOUTHERN NEW HAMPSHIRE. THE HOSPITAL PROVIDES A WIDE RANGE OF INPATIENT CARE INCLUDING MEDICAL SURGICAL SERVICES, OBSTETRICS, INTENSIVE AND CARDIAC CARE AND COMPLETE DIAGNOSTIC FACILITIES. AJH INPATIENT FACILITIES INCLUDE 63 MEDICAL/SURGICAL BEDS AND AN 8 BED INTENSIVE UNIT. THE 12-BED BIRTH CENTER SEES 597 DELIVERIES ANNUALLY AND ALSO SUPPORTS MOTHERS WITH HIGH-RISK PREGNANCIES WITH THE LEVEL IIB NEONATAL CARE CENTER. THE HOSPITAL HAS A SURGICAL SUITE WITH SIX FULLY EQUIPPED OPERATING ROOMS INCLUDING A CARDIAC CATHETERIZATION LABORATORY, FOUR AMBULATORY PROCEDURE ROOMS AND A POST-OPERATIVE CARE UNIT. SURGICAL SERVICES ARE AVAILABLE 24 HOURS A DAY FOR CRITICALLY ILL OR INJURED PATIENTS REQUIRING IMMEDIATE SURGICAL INTERVENTION, OR FOR OTHER PATIENTS ON A NON-EMERGENT OR ELECTIVE BASIS. AJH IS THE ONLY COMMUNITY HOSPITAL IN THE REGION TO PROVIDE INPATIENT PSYCHIATRIC SERVICES TO ADULTS, ADOLESCENTS AND CHILDREN. INPATIENT PSYCHIATRIC CARE AT ANNA JAQUES HOSPITAL PROVIDES SHORT-TERM, ACUTE INPATIENT CARE TO ADULTS AND ADOLESCENTS AGES 16 AND OLDER WITH A BROAD SPECTRUM OF PSYCHIATRIC PROBLEMS. THE INPATIENT PROGRAM IS A 20-BED ACUTE CARE CO-ED UNIT. THE ANNA JAQUES CHILD AND ADOLESCENT PSYCHIATRY PROGRAM PROVIDES STRUCTURED AND SECURE INPATIENT PSYCHIATRIC SERVICES TO CHILDREN AND ADOLESCENTS AGES 4-17. THE 16-BED PROGRAM OFFERS SHORT-TERM INPATIENT TREATMENT AND STABILIZATION. AJH'S SURGEONS PERFORM ORTHOPEDIC PROCEDURES AND IMPLANTS, PLASTIC RECONSTRUCTION, GASTROINTESTINAL, GENERAL SURGICAL (INCLUDING BREAST) GYNECOLOGICAL, OPHTHALMOLOGIC, PODIATRIC, AND UROLOGICAL PROCEDURES. PATIENTS ARE UNDER THE CARE OF THE HOSPITAL'S MEDICAL STAFF, HOSPITALISTS AND/OR GENERAL SURGEONS ALONG WITH NURSES AND PHYSICIAN ASSISTANTS WHO ARE TRAINED IN CARING FOR PATIENTS WITH COMPLEX MEDICAL NEEDS, INCLUDING INTENSIVISTS IN THE ICU. THE NURSING CARE TEAM CONSISTS OF REGISTERED NURSES, SURGICAL TECHNICIANS AND QUALIFIED ANCILLARY PERSONNEL WORKING COLLABORATIVELY WITH SURGICAL AND ANESTHESIA PHYSICIANS. DURING THE PERIOD OCTOBER 1, 2023 TO SEPTEMBER 30, 2024, ANNA JAQUES HOSPITAL HAD 5,371 INPATIENT DISCHARGES WITH 25,024 PATIENT DAYS, AND 578 TOTAL INPATIENT SURGERIES. ADULT PSYCH DAYS WERE 3,851 AND PEDI PSYCH DAYS WERE 2,274.

Program 3

EMERGENCY DEPARTMENT ANNA JAQUES HOSPITAL'S EMERGENCY DEPARTMENT (ED) IS OPEN 24 HOURS A DAY, 7 DAYS A WEEK AND PROVIDES EMERGENCY CARE TO ALL PATIENTS, REGARDLESS OF ABILITY TO PAY. THE PHYSICIANS...

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EMERGENCY DEPARTMENT ANNA JAQUES HOSPITAL'S EMERGENCY DEPARTMENT (ED) IS OPEN 24 HOURS A DAY, 7 DAYS A WEEK AND PROVIDES EMERGENCY CARE TO ALL PATIENTS, REGARDLESS OF ABILITY TO PAY. THE PHYSICIANS PROVIDE AROUND THE CLOCK PHYSICIAN PATIENT CARE COVERAGE AND MEDICAL DIRECTION OF THE AJH EMERGENCY DEPARTMENT. A HIGHLY TRAINED NURSING STAFF ALSO PROVIDES CARE TO PATIENTS IN THE ED. AJH OPERATES AS A LEVEL III TRAUMA CENTER AND CERTIFIED STROKE CENTER. THE HOSPITAL OPERATES A TELE-STROKE PROGRAM WITH BETH ISRAEL DEACONESS MEDICAL CENTER WHERE NEUROLOGICAL IMAGES CAN BE TRANSMITTED BETWEEN AJH AND BIDMC, MEANING THAT PATIENTS IN THE GREATER NEWBURYPORT AREA HAVE ACCESS TO THE SAME WORLD-CLASS SPECIALISTS AS PATIENTS AT BIDMC IN BOSTON. THE SYSTEM FACILITATES, WHEN NECESSARY, MULTI-DISCIPLINARY EVALUATION OF IMAGES, RESULTING IN IMPROVED TECHNICAL PERFORMANCE AND FEEDBACK AND DIAGNOSES WITH GREATER DIAGNOSTIC ACCURACY. DURING THE FISCAL PERIOD OCTOBER 1, 2023 TO SEPTEMBER 30, 2024, ANNA JAQUES HOSPITAL HAD 23,825 EMERGENCY DEPARTMENT VISITS. IN ADDITION TO THE PROGRAM SERVICE ACCOMPLISHMENTS NOTED ABOVE, THE BILH NETWORK HAD SIGNIFICANT ACTIVITIES ACROSS ENTITIES RELATED TO BOTH BEHAVIORAL HEALTH AND OTHER HEALTHCARE INITIATIVES. SEE THE NARRATIVE SUPPORT FOR SCHEDULE H FOR ADDITIONAL DETAILS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,909,641
Program Service Revenue $140,739,777
Investment Income $313,531
Other Revenue $2,810,411
TOTAL REVENUE $145,773,360

Expense Breakdown

Grants Paid $81,722
Salaries & Benefits $75,719,714
Fundraising Expenses $530,871
Program Expenses $150,948,160
Other Expenses $98,713,148
TOTAL EXPENSES $174,531,701

Year-over-Year Comparison

2023 2022 Change
Revenue $145,773,360 $149,477,423 0.0%
Expenses $174,531,701 $163,230,546 +0.1%
Net Income $-28,758,341 $-13,753,123 +1.1%
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
21
Independent Members
15
Employees
1314
Volunteers
126

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
11
$10,027,989
Total Directors
27
$9,174,319
Key Employees
4
$1,840,183
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROWAN MICHAEL TTEE(EXO)(CEO DESIG)EVP HOS&AMB BILH 1.00
Director
$0 $2,401,778 $4,703,895
SHORETT PETER TTEE(CEO DESIG) (SR EVP & COO, BILH) 1.00
Director
$0 $48,246 $1,607,722
NASEER-GHIASUDDIN MD SAIRA TTEE; PHYSICIAN, INTERNAL MEDICINE 1.00
Director
$0 $47,918 $1,086,280
PURSLEY MD DEWAYNE M TTEE; (NEONAT CHIEF BIDMC/CHR HMFP) 1.00
Director
$0 $94,138 $856,000
FOCHT MD GLENN PRESIDENT & TRUSTEE (EX-OFFICIO) 55.00
Officer Director
$540,599 $10,118 $550,717
KERR-FERNANDEZ MD JANE TTEE (EX-OFF) (PRES, MEDICAL STAFF) 1.00
Director
$0 $44,977 $369,705
CONNOLLY ESQ GRACE GONZALEZ TRUSTEE & CHAIR 1.00
Officer Director
$0 $0 $0
TRIM JEAN TRUSTEE & VICE CHAIR 1.00
Officer Director
$0 $0 $0
ALLARD NATE TRUSTEE 1.00
Director
$0 $0 $0
BOUTON PHD CHRISTOPHER TRUSTEE 1.00
Director
$0 $0 $0
CANNON PATRICIA TRUSTEE 1.00
Director
$0 $0 $0
CLANCY MARY ANNE TRUSTEE 1.00
Director
$0 $0 $0
COSTELLO MICHAEL TRUSTEE 1.00
Director
$0 $0 $0
COUSINS JR FRANK G TRUSTEE 1.00
Director
$0 $0 $0
CUSTODIA-LORA NOEMI TRUSTEE 1.00
Director
$0 $0 $0
FELTER TIMOTHY TRUSTEE 1.00
Director
$0 $0 $0
FUNG MD CLAIRE TRUSTEE 1.00
Director
$0 $0 $0
GHIASUDDIN MD SALMAN TRUSTEE; CARDIOLOGIST 1.00
Director
$0 $0 $0
KHATIB MATT TRUSTEE 1.00
Director
$0 $0 $0
LINDNER CHRISTOPHER TRUSTEE 1.00
Director
$0 $0 $0
NADEAU NICOLE TRUSTEE 1.00
Director
$0 $0 $0
PIENIAZEK MATT TRUSTEE 1.00
Director
$0 $0 $0
PURINTON ELIZABETH TRUSTEE 1.00
Director
$0 $0 $0
SEYMOUR MD PETER TRUSTEE 1.00
Director
$0 $0 $0
SHENK III WILBUR TRUSTEE 1.00
Director
$0 $0 $0
TARKAN MD JOSHUA TTEE (EX-OFF) (PRES, MEDICAL STAFF) 1.00
Director
$0 $0 $0
WILEY MARGARET TRUSTEE 1.00
Director
$0 $0 $0
TABB MD KEVIN CEO (EX-OFF) (CEO, BILH) 1.00
Officer
$0 $1,097,028 $5,410,415
RIOS CINDY TREAS (EX-OFF) (EXEC VP & CFO, BILH) 1.00
Officer
$0 $217,736 $1,689,163
KATZ ESQ JAMIE CLERK (EX-OFF); GENERAL COUNSEL BILH 1.00
Officer
$0 $32,002 $1,302,177
BOYD ESQ STEPHEN ASST CLERK (DIV VP DEP GC COMM BILH) 1.00
Officer
$0 $15,921 $329,981
MATLOCK JOHN CFO & ASST TREAS (EX-OFF) 55.00
Officer
$235,962 $10,813 $246,775
MULKERN NICOLE ASST TREAS (EX-OFF) & INT ASST CFO 1.00
Officer
$0 $16,222 $180,560
KIM ESQ GRACE ASST CLERK (ASST GEN COUNSEL, BILH) 1.00
Officer
$0 $14,808 $178,380
BEAUMIER MBACPAMHA GREGORY ASST TREAS (EX-OFF) & CFO 1.00
Officer
$0 $12,239 $139,821
HWANG JOSEPH CHIEF OPERATING OFFICER, AJH 1.00
Key Emp
$0 $45,505 $576,324
GENDREAU MD MARK CHIEF MEDICAL OFFICER, AJH 1.00
Key Emp
$0 $36,573 $527,542
PERRYMAN RN NE-BC KIMBERLY CHIEF NURSING OFFICER 1.00
Key Emp
$0 $33,161 $487,992
BUGALLO-MUROS MARIANA INTERIM VP, HR BUSINESS PARTNER 55.00
Key Emp
$248,325 $0 $248,325
BOURNE MD KATHERINE A ANESTHESIOLOGIST 55.00
Highest
$577,474 $77,155 $654,629
ENEMAN MD JONATHAN ONCOLOGIST 55.00
Highest
$499,734 $71,852 $571,586
DESIMONE MD OLGA NEONATOLOGIST 55.00
Highest
$208,819 $62,843 $271,662
ANDERSON MD MARIANNE S NEONATOLOGIST 55.00
Highest
$219,578 $43,883 $263,461
BURKE DEBORAH LEAD NURSING SUPERVISOR 55.00
Highest
$212,576 $3,770 $216,346
GOLDSTEIN MARK FRMR PRES & TTEE (EX-OFF) 0.00
$652,432 $207,395 $859,827
BRICKMAN JEFFREY L FRMR INTERIM PRES & TTEE (EX-OFF) 0.00
$358,391 $0 $358,391
SOLDANO JOSEPH FRMR CO-INT CFO; DIR, FIN PLANNING 0.00
$188,041 $39,230 $227,271
MAKI DN RN RICHARD FORMER CHIEF NURSING OFFICER 0.00
$582,840 $160,892 $743,732
CROWLEY SMITH JOANNE FRMR INTERIM VP, HR BUSINESS PARTNER 0.00
$0 $53,779 $431,568
AHERN SEAN FORMER CHIEF OPERATING OFFICER 0.00
$214,269 $19,977 $234,246
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
2024 $145,773,360 $174,531,701 $107,897,217 $-28,758,341
2023 $149,477,423 $163,230,546 $112,415,504 $-13,753,123
2022 $138,657,927 $150,185,993 $114,520,671 $-11,528,066
2021 $143,003,241 $143,044,615 $136,785,580 $-41,374
2020 $126,639,967 $133,571,306 $104,230,488 $-6,931,339
2019 $136,949,236 $135,301,603 $92,319,549 $1,647,633
2018 $131,753,495 $130,626,411 $88,866,592 $1,127,084
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