BETH ISRAEL DEACONESS HOSPITAL - NEEDHAM INC (EIN 043229679) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

KEVIN TABB MD

Phone

7814533000

Tax Period

2023-10-01 to 2024-09-30

BETH ISRAEL DEACONESS HOSPITAL - NEEDHAM INC, founded in 1994, is a major nonprofit in the Health Care sector that reported $161.3M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,295,787

Program Service Revenue $152,369,493

Investment Income $383,802

Other Revenue $3,247,520

TOTAL REVENUE $161,296,602

Expense Breakdown

Grants Paid $540,812

Salaries & Benefits $75,471,491

Fundraising Expenses $461,604

Program Expenses $139,152,453

Other Expenses $84,215,841

TOTAL EXPENSES $160,246,247

Year-over-Year Comparison

	2023	2022	Change
Revenue	$161,296,602	$170,815,918	-0.1%
Expenses	$160,246,247	$140,022,676	+0.1%
Net Income	$1,050,355	$30,793,242	-1.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

1223

Volunteers

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

$10,064,748

Total Directors

$7,640,999

Key Employees

$1,019,031

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROWAN MICHAEL	TTEE(CEO DESIG) EVP HOS&AMBSVCS 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
FOGARTY JOHN	PRESIDENT & TRUSTEE (EX-OFFICIO)	55.00	Officer Director	$609,616	$188,869	$798,485
KANNAM MD JOSEPH	TRUSTEE; CARDIOLOGIST	1.00	Director	$0	$69,575	$530,897
CARNAHAN VIRGINIA	TRUSTEE & CHAIR	1.00	Officer Director	$0	$0	$0
FLEMING PAUL	TRUSTEE & VICE CHAIR	1.00	Officer Director	$0	$0	$0
AUTH JOSEPH	TRUSTEE	1.00	Director	$0	$0	$0
BARABINO GILDA	TRUSTEE	1.00	Director	$0	$0	$0
CAGGIANO GINNY	TTEE (EX-OFF) (CHAIR, BD OF ADVIS)	1.00	Director	$0	$0	$0
CARUCCI DEAN	TTEE (EXO) (BILH DIV PRES COMMUNITY)	1.00	Director	$0	$0	$0
CHAMOUN NASSIB	TRUSTEE	1.00	Director	$0	$0	$0
COFFMAN BARRY	TRUSTEE	1.00	Director	$0	$0	$0
COUGHLIN JAMES C	TRUSTEE	1.00	Director	$0	$0	$0
CRAMER JEREMY	TRUSTEE	1.00	Director	$0	$0	$0
DEAMORE DENISE	TRUSTEE	1.00	Director	$0	$0	$0
FINE GAIL H	TRUSTEE	1.00	Director	$0	$0	$0
KIERSTEAD JANA	TRUSTEE	1.00	Director	$0	$0	$0
LEVINE BRUCE	TRUSTEE	1.00	Director	$0	$0	$0
MANNING MD BETH	TRUSTEE	1.00	Director	$0	$0	$0
MARINO ROGER	TRUSTEE	1.00	Director	$0	$0	$0
MEDALIE LESLIE	TRUSTEE	1.00	Director	$0	$0	$0
POPEO PAUL D	TRUSTEE	1.00	Director	$0	$0	$0
ULLMAN SONAL	TTEE (EX-OFF) (PRES, MEDICAL STAFF)	1.00	Director	$0	$0	$0
WRIGHT JOHN	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
RANGAVIZ SHEILAH	ASST TREAS (EX-OFF), CFO	1.00	Officer	$0	$16,067	$352,611
SMITH MBA BRIAN	ASST TREAS (EX-OFF) & CFO	55.00	Officer	$301,457	$33,643	$335,100
VAZ ESQ BRIAN	ASST CLERK (EX-OFF) (ASST GC BILH)	1.00	Officer	$0	$23,996	$176,797
MCSWEENEY MD GREGORY	SVP & CHIEF MEDICAL OFFICER	55.00	Key Emp	$351,559	$41,508	$393,067
DAVIDSON RN KATHLEEN	SVP, CNO, COO	55.00	Key Emp	$337,057	$32,750	$369,807
WELCH JULIE A	VP, HUMAN RESOURCES BUSINESS PARTNER	55.00	Key Emp	$223,682	$32,475	$256,157
SULLIVAN MD MATTHEW	GASTROENTEROLOGIST	55.00	Highest	$853,150	$78,712	$931,862
BOYD MD CHRISTOPHER G	CARDIOLOGIST	55.00	Highest	$592,522	$67,955	$660,477
MCCARTHY MD KEVIN E	CARDIOLOGIST	55.00	Highest	$601,197	$26,796	$627,993
PIATELLI LUANNE	REGISTERED NURSE	55.00	Highest	$248,581	$42,279	$290,860
BERNARD LOUISE	REGISTERED NURSE	55.00	Highest	$244,566	$38,068	$282,634
MURPHY TRACY	FORMER ASSISTANT CLERK	0.00		$100,657	$10,714	$111,371

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	$161,296,602	$160,246,247	$185,625,640	$1,050,355
2023	$170,815,918	$140,022,676	$183,751,217	$30,793,242
2022	$138,937,991	$133,771,396	$166,387,328	$5,166,595
2021	$126,877,037	$120,642,727	$170,627,277	$6,234,310
2020	$106,145,010	$106,301,218	$166,952,017	$-156,208
2019	$104,920,401	$101,709,249	$155,884,405	$3,211,152
2018	$99,617,281	$91,881,145	$155,754,569	$7,736,136

BETH ISRAEL DEACONESS HOSPITAL - NEEDHAM INC