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Filing year 2023

HALLMARK HEALTH MEDICAL ASSOCIATES INC

Medford, Massachusetts·EIN 04-3140938·NTEE E31 · Health Care·3
Total revenue
$55.1M
Total assets
$14.7M
Total expenses
$67.7M
Reported officers
15
Mission

HALLMARK HEALTH MEDICAL ASSOCIATES, INC. SUPPORTS THE CHARITABLE MISSION OF MELROSEWAKEFIELD HEALTHCARE, INC. THROUGH THE EMPLOYMENT OF PRIMARY CARE PHYSICIANS AND SPECIALISTS AT PRACTICES THROUGHOUT THE MELROSEWAKEFIELD SERVICE AREA. THERE ARE NEARLY 80 PHYSICIANS OPERATING PRACTICES IN 9 DIFFERENT COMMUNITIES WITHIN THE MELROSEWAKEFIELD SERVICE AREA.

Executive compensation, broken down

Form 990 · Schedule J · 15 reported individuals · Filing year 2023

Physician
highest compensated employee
$1.2M
$1.4M
Base
$527k
Bonus
$670k
Other
$9k
Benefits
$14k
Physician
highest compensated employee
$1.1M
$1.3M
Base
$738k
Bonus
$338k
Other
$27k
Benefits
$27k
Physician
highest compensated employee
$1M
$1.1M
Base
$718k
Bonus
$299k
Other
$701
Benefits
$24k
Physician
highest compensated employee
$718k
$791k
Base
$579k
Bonus
$137k
Other
$508
Benefits
$589
Physician
highest compensated employee
$704k
$775k
Base
$513k
Bonus
$161k
Other
$20k
Benefits
$483
President/director
$498k
$548k
Base
$413k
Bonus
$53k
Other
$452
Benefits
$27k
Physician/chair
officer (unspecified)
$363k
$400k
Base
$301k
Bonus
$24k
Other
$12k
Benefits
$20k
Director
board member
$329k
$362k
Base
$283k
Bonus
$21k
Other
$2k
Benefits
$15k
Director
board member
$188k
$208k
Base
$167k
Bonus
$681
Other
$8k
Benefits
$8k
Former President/director
former officer/director/trustee
$118k
$130k
Director
board member
$115k
$126k
Assistant Clerk (until 4/24)
officer (unspecified)
$77k
$85k
Treasurer/director
officer (unspecified)
$60k
$67k
Assistant Secretary
secretary (operational)
$19k
$20k
Secretary
secretary (operational)
$3k
$3k

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.

Browse compensation in Health Care

Up 7%
from 2022

From $1.1M in 2022 to $1.2M in 2023.

$1.1M
2022
$1.2M
2023
In today's dollarsEst.
Up 3% in real terms$1.3M to $1.4M

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.

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

Revenue and expenses over time

HALLMARK HEALTH MEDICAL ASSOCIATES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$55.1M
$64.9M
2022
$55.1M
$67.7M
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 $169,601.

25th percentile
$66k
Median
$169,601
75th percentile
$296k
90th percentile
$481k

These are health care sector-wide figures, not this organization's reported pay. Based on 82 organizations across 82 filings (2022 – 2023).

See full Health Care pay data for Massachusetts
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