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Filing year 2023

LAHEY CLINIC FOUNDATION INC

Charlestown, Massachusetts·EIN 04-2323457·NTEE E110 · Health Care·501(c)(3)
Total revenue
$49.5M
Total assets
$634.1M
Total expenses
$6.4M
Reported officers
36

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 23 reported individuals · Filing year 2023

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

Ttee & CEO (ex-off) (ceo, Bilh)
75th to 90th percentile
$1.1M
$1.2M
AVP Development
Key Employee
Median to 75th percentile
$293k
$323k
Base
$215k
Bonus
$44k
Other
$18k
Benefits
$13k
President & Trustee (ex-officio)
Board Member
Median to 75th percentile
$224k
$247k
Frmr Asst Treas (ex-off) & CFO
Median to 75th percentile
$222k
$245k
Treas (ex-off) (exec VP & Cfo, Bilh)
Median to 75th percentile
$218k
$240k
Svp, Chief Medical Officer
Senior Vice President
10th to 25th percentile
$88k
$97k
Ttee (ex-off) (pres, Medical Staff)
Board Member
25th percentile to median
$72k
$80k
Trustee; Chief Academic Officer
Board Member
25th percentile to median
$68k
$75k
Trustee; Orthopaedic Surgeon
Board Member
25th percentile to median
$65k
$71k
Trustee; Division Chair Neurology
Board Chair
Median to 75th percentilevs Health Care peers nationwide
$59k
$65k
Vp, Planning, Design, & Construction
Board Vice President
25th percentile to median
$59k
$65k
Trustee; Urologist
Board Member
25th percentile to median
$50k
$55k
Ttee; Lci Division Chair, Psychiatry
Board Chair
25th percentile to medianvs Health Care peers nationwide
$49k
$54k
Ttee(ceo Desig) (sr EVP & Coo, Bilh)
10th to 25th percentile
$48k
$53k
Trustee, Physician
Board Member
25th percentile to median
$47k
$52k
Regional Vp, Philanthropy
Board Vice President
25th percentile to median
$46k
$51k
Ttee (ex-off); Msa Pres & Urologist
Board Member
10th to 25th percentile
$35k
$39k
Clerk (ex-off); General Counsel Bilh
Officer (Unspecified)
$32k
$35k
Ttee; Physician, Internal Medicine
Board Member
10th to 25th percentile
$31k
$34k
Trustee, Physician
Board Member
10th to 25th percentile
$29k
$32k
Asst Clerk (assoc Gc, Bilh)
Officer (Unspecified)
$28k
$31k
Frmr Ttee (ex-off) & Pres
Former Officer/director/trustee
10th to 25th percentile
$15k
$17k
Asst Treas (ex-off) & CFO
Below 10th percentile
$7k
$8k

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 13 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at LAHEY CLINIC FOUNDATION INC equaled 17% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
17%
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.

Top compensation, year by year

From $300k in 2022 to $1.1M in 2023.

$300k
2022
$1.1M
2023
In today's dollarsEst.
Up 253% in real terms$343k to $1.2M

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 266% from 2022 to 2023, while revenue rose 241%.

$300k in 2022 to $1.1M in 2023.
  • Board Member pay rose 185% from 2022 to 2023.
  • Chief Financial Officer pay rose 1% 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 LAHEY CLINIC FOUNDATION INC

What does the Chief Executive Officer of LAHEY CLINIC FOUNDATION INC earn?

In 2023, the Chief Executive Officer of LAHEY CLINIC FOUNDATION INC received $1,097,028 in total compensation. This pay is in the top quarter for Chief Executive Officer roles among Health Care organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LAHEY CLINIC FOUNDATION 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 LAHEY CLINIC FOUNDATION INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at LAHEY CLINIC FOUNDATION INC equaled 17% of the organization's total expenses. The median for health care organizations is 4%.

What are LAHEY CLINIC FOUNDATION INC's revenue and expenses?

In 2023, LAHEY CLINIC FOUNDATION INC reported $49.5M in total revenue and $6.4M in total expenses on its IRS Form 990.

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