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Filing year 2023

BOSTON MEDICAL CENTER CORPORATION

Boston, Massachusetts·EIN 04-3314093·NTEE E22Z · Health Care·501(c)(3)
Total revenue
$2.6B
Total assets
$2.8B
Total expenses
$2.6B
Reported officers
45
Mission

BOSTON MEDICAL CENTER'S MISSION IS TO PROVIDE CONSISTENTLY EXCELLENT AND ACCESSIBLE HEALTH SERVICES TO ALL IN NEED OF CARE REGARDLESS OF STATUS AND ABILITY TO PAY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 17 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Health Care organizations in Massachusetts.

Trustee /interim President(thru 5/31/24)
Board Member
Above 90th percentile
$1.9M
$2.1M
Base
$1.2M
Bonus
$459k
Other
$82k
Benefits
$10k
Svp/cfo/treasurer (thru 7/1/24)
Above 90th percentile
$924k
$1M
Base
$648k
Bonus
$156k
Other
$5k
Benefits
$7k
SVP Ambulatory & Prf Svc
Senior Vice President
75th to 90th percentile
$899k
$990k
Base
$610k
Bonus
$117k
Other
$33k
Benefits
$47k
President, Clearway Health, Llc
Highest Compensated Employee
75th to 90th percentile
$866k
$954k
Base
$419k
Bonus
$378k
Other
$1k
Benefits
$10k
Svp/chief Medical Officer
Key Employee
Above 90th percentile
$865k
$952k
Base
$605k
Bonus
$122k
Other
$97k
Benefits
$32k
SVP of Clinical Operations/cno
Senior Vice President
75th to 90th percentile
$842k
$928k
Base
$503k
Bonus
$101k
Other
$185k
Benefits
$37k
Svp/chief HR Officer
Key Employee
75th to 90th percentile
$811k
$893k
Base
$536k
Bonus
$117k
Other
$46k
Benefits
$32k
Vp/cio
Highest Compensated Employee
75th to 90th percentile
$763k
$840k
Base
$516k
Bonus
$113k
Other
$18k
Benefits
$35k
Svp/chief Legal Counsel/clerk
Officer (Unspecified)
$737k
$812k
Base
$506k
Bonus
$113k
Other
$62k
Benefits
$33k
Svp/chief Sustainability/re Officer
Highest Compensated Employee
75th to 90th percentile
$693k
$763k
Base
$466k
Bonus
$101k
Other
$38k
Benefits
$12k
Vp, Chief Quality Officer
Board Vice President
Above 90th percentile
$617k
$680k
Base
$439k
Bonus
$71k
Other
$9k
Benefits
$52k
Former President
Former Officer/director/trustee
75th to 90th percentile
$589k
$649k
Base
$271k
Bonus
$313k
Other
Benefits
$1k
Svp/executive Medical Director
Key Employee
Median to 75th percentile
$406k
$447k
Base
$287k
Bonus
$47k
Other
$18k
Benefits
$31k
Treasurer (07/01/24 - 11/12/24)
Median to 75th percentile
$194k
$214k
Base
$159k
Bonus
$26k
Other
Benefits
$9k
Trustee
Board Member
25th percentile to median
$44k
$49k
Trustee (thru 1/1/24)
Board Member
10th to 25th percentile
$41k
$45k
Trustee/president (as of 5/31/24)
Below 10th percentile
$32k
$36k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 28 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at BOSTON MEDICAL CENTER CORPORATION equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.1%
Sector median
4%
Middle half of sector
1% to 13%

Based on 13,830 health care organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Down 15%
from 2022

From $2.3M in 2022 to $1.9M in 2023.

$2.3M
2022
$1.9M
2023
In today's dollarsEst.
Down 18% in real terms$2.6M to $2.1M

Estimated with Boston-Cambridge-Newton, MA-NH metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Member pay rose 4369% from 2022 to 2023, while revenue rose 9%.

$44k in 2022 to $1.9M in 2023.
  • Chief Financial Officer pay fell 6% from 2022 to 2023.
  • Senior Vice President pay rose 11% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about BOSTON MEDICAL CENTER CORPORATION

What does the Board Member of BOSTON MEDICAL CENTER CORPORATION earn?

In 2023, the Board Member of BOSTON MEDICAL CENTER CORPORATION received $1,949,276 in total compensation. This pay is in the top 10% for Board Member roles among Health Care organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board Member pay at BOSTON MEDICAL CENTER CORPORATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Massachusetts, the 2023 pay of the Board Member at BOSTON MEDICAL CENTER CORPORATION falls in the top 10%. In 2023, the highest total compensation at BOSTON MEDICAL CENTER CORPORATION equaled 0.1% of the organization's total expenses. The median for health care organizations is 4%.

What are BOSTON MEDICAL CENTER CORPORATION's revenue and expenses?

In 2023, BOSTON MEDICAL CENTER CORPORATION reported $2.6B in total revenue and $2.6B in total expenses on its IRS Form 990.

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