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Filing year 2023

BOSTON MEDICAL CENTER HEALTH PLAN INC

Charlestown, Massachusetts·EIN 04-3373331·NTEE E110 · Health Care·501(c)(3)
Total revenue
$5.2B
Total assets
$1.7B
Total expenses
$5.1B
Reported officers
25
Mission

THE CORPORATION IS ORGANIZED AND OPERATES AS A NONPROFIT CORPORATION EXCLUSIVELY FOR THE BENEFIT OF AND TO SUPPORT BOSTON MEDICAL CENTER CORPORATION AND TO PROVIDE ACCESS TO EFFECTIVE, EFFICIENT MEDICAL CARE AMONG LOW INCOME, UNDERSERVED, DISABLED, ELDERLY AND OTHER VULNERABLE RESIDENTS OF THE COMMUNITY.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 13 reported individuals · Filing year 2023

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

Trustee/president
Above 90th percentile
$1.2M
$1.3M
Base
$655k
Bonus
$336k
Other
$60k
Benefits
$40k
Treasurer/cfo (thru 6/30/24)
Above 90th percentile
$778k
$857k
Base
$472k
Bonus
$203k
Other
Benefits
$40k
Chief Info Officer (eff. 5/2023)
Key Employee
75th to 90th percentile
$747k
$822k
Base
$272k
Bonus
$453k
Other
Benefits
$22k
Chief Operating Officer
Above 90th percentile
$695k
$766k
Base
$420k
Bonus
$191k
Other
Benefits
$40k
Chief Medical Officer (thru 8/1/24)
Key Employee
75th to 90th percentile
$683k
$753k
Base
$462k
Bonus
$207k
Other
Benefits
$14k
Chief Legal Off/clerk
Officer (Unspecified)
$523k
$576k
Base
$304k
Bonus
$188k
Other
Benefits
$30k
Svp, Service & Operations
Senior Vice President
Median to 75th percentile
$494k
$545k
Base
$318k
Bonus
$130k
Other
Benefits
$37k
Chief Product and Sales Officer
Highest Compensated Employee
75th to 90th percentile
$488k
$537k
Base
$341k
Bonus
$108k
Other
Benefits
$38k
6/30/24), Treas/cfo (eff. 7/1/24)
Officer (Unspecified)
$485k
$534k
Base
$309k
Bonus
$126k
Other
Benefits
$28k
Vp, Network Contracting
Board Vice President
75th to 90th percentile
$483k
$532k
Base
$308k
Bonus
$129k
Other
Benefits
$37k
Svp, Pharmacy Services
Senior Vice President
Median to 75th percentile
$463k
$510k
Base
$303k
Bonus
$114k
Other
Benefits
$37k
Former Chief Information Officer
Former Officer/director/trustee
75th to 90th percentile
$445k
$490k
Base
$6k
Bonus
Other
$437k
Benefits
$920
Senior Medical Director
Highest Compensated Employee
Median to 75th percentile
$436k
$480k
Base
$309k
Bonus
$104k
Other
Benefits
$13k

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 12 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 HEALTH PLAN INC equaled 0.0% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.0%
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.

Up 26%
from 2022

From $947k in 2022 to $1.2M in 2023.

$947k
2022
$1.2M
2023
In today's dollarsEst.
Up 22% in real terms$1.1M to $1.3M

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

Chief Executive Officer pay rose 26% from 2022 to 2023, while revenue rose 26%.

$947k in 2022 to $1.2M in 2023.
  • Chief Financial Officer pay rose 19% from 2022 to 2023.
  • Key Employee pay rose 29% 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.
Financial trend

Revenue and expenses over time

BOSTON MEDICAL CENTER HEALTH PLAN INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$4.1B
$4B
2022
$5.2B
$5.1B
2023
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Massachusetts

Comparable health care organizations in Massachusetts pay their highest-earning executive a median of $203,620.

25th percentile
$88k
Median
$203,620
75th percentile
$494k
90th percentile
$1.3M

These are health care sector-wide figures, not this organization's reported pay. Based on 439 organizations across 439 filings (2022 – 2024).

See full Health Care pay data for Massachusetts
FAQ

Common questions about BOSTON MEDICAL CENTER HEALTH PLAN INC

What does the Chief Executive Officer of BOSTON MEDICAL CENTER HEALTH PLAN INC earn?

In 2023, the Chief Executive Officer of BOSTON MEDICAL CENTER HEALTH PLAN INC received $1,197,985 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Health Care organizations in Massachusetts: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at BOSTON MEDICAL CENTER HEALTH PLAN INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at BOSTON MEDICAL CENTER HEALTH PLAN INC falls in the top 10%. In 2023, the highest total compensation at BOSTON MEDICAL CENTER HEALTH PLAN INC equaled 0.0% of the organization's total expenses. The median for health care organizations is 4%.

What are BOSTON MEDICAL CENTER HEALTH PLAN INC's revenue and expenses?

In 2023, BOSTON MEDICAL CENTER HEALTH PLAN INC reported $5.2B in total revenue and $5.1B in total expenses on its IRS Form 990.

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