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Filing year 2023

HALLMARK HEALTH PROPERTIES INC

Medford, Massachusetts·EIN 22-2580542·NTEE E190 · Health Care·3
Total revenue
$2.8M
Total assets
$20.5M
Total expenses
$3M
Reported officers
5
Mission

THE MISSION OF HALLMARK HEALTH PROPERTIES, INC. IS TO ACQUIRE, HOLD, MANAGE AND DEVELOP REAL ESTATE PROPERTIES FOR THE BENEFIT OF MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION (THE PARENT) AND MELROSEWAKEFIELD HEALTHCARE, INC. (HOSPITAL) AND THEIR RELATED ORGANIZATIONS.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

President/director
$115k
$126k
Secretary/director (until 4/24)
officer (unspecified)
$77k
$85k
Director (as of 4/24)
board member
$64k
$70k
Treasurer/director
officer (unspecified)
$60k
$67k
Secretary
secretary (operational)
$17k
$19k

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 34%
from 2022

From $86k in 2022 to $115k in 2023.

$86k
2022
$115k
2023
In today's dollarsEst.
Up 29% in real terms$98k to $126k

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 PROPERTIES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.5M
$2.6M
2022
$2.8M
$3M
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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