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Filing year 2024

FACULTY PRACTICE FOUNDATION INC & AFFILIATES

Boston, Massachusetts·EIN 90-0513372·501(c)(3)
Total revenue
$138.3M
Total assets
$95.2M
Total expenses
$145.6M
Reported officers
43

Reported officers (all unpaid)

No paid executives reported in 2024. FACULTY PRACTICE FOUNDATION INC & AFFILIATES reported 43 unpaid officers and board members on its 990.

President/director - Neurosurg
Director - Emf
Director - Obgyn
Pres/treas/clerk/dir - Psych
Pres/dir - Oto
Prs/trs/dr-rehab,prs/trs/clk/dr-neur
Director - Obgyn
Pres/treas/clerk/dir - Ortho
Director - Emf
Pres/treas/clerk/dir - Eye
Pres/treas/clerk/dir - Urology
Clerk/director - Radio
Director - Emf
Pres/treas/clerk/dir - Er
Pres/treas/clerk/dir - Path
Pres/treas/clerk/dir - Ct,ps,sa,gs
Pres/treas/clerk/dir - Rad Onc
Pres/treas/dir - Emf
Pres/treas/clerk/dir - Fam
Director - Emf
Schedule O Disclosure
Clerk - Obgyn
Treasurer/clerk - Derm
Treas/clk-neurosurg & Treas-oto
Clerk - Oto
Treasurer - Obgyn
Treasurer/director - Radio
Director - Eye
President/director - Radio
Director - Eye
Director - Emf (as of 9/1/2024)
Director - Eye
Director - Emf
Pres/treas/clerk/dir - Chf
Pres/treas/clerk/dir - Anes
President/director - Obgyn
Director - Emf (as of 9/24)
Director - Obgyn
President/director - Derm
Director - Emf (until 8/24)
Director - Obgyn
Director - Obgyn
Director - Obgyn

Down 15%
from 2022

From $2M in 2022 to $1.7M in 2023.

$2M
2022
$1.7M
2023
In today's dollarsEst.
Down 18% in real terms$2.2M to $1.8M

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

Former Officer/director/trustee pay rose 268% from 2022 to 2023, while revenue rose 8%.

$449k in 2022 to $1.7M in 2023.
  • Highest Compensated Employee pay fell 21% from 2022 to 2023.
  • Chief Executive Officer pay rose 4% 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

FACULTY PRACTICE FOUNDATION INC & AFFILIATES reported revenue and expenses across 3 filing years.

RevenueExpenses
$497.7M
$498.4M
2022
$535.5M
$542.7M
2023
$138.3M
$145.6M
2024
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about FACULTY PRACTICE FOUNDATION INC & AFFILIATES

What are FACULTY PRACTICE FOUNDATION INC & AFFILIATES's revenue and expenses?

In 2024, FACULTY PRACTICE FOUNDATION INC & AFFILIATES reported $138.3M in total revenue and $145.6M in total expenses on its IRS Form 990.

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