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Filing year 2023

MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION

Medford, Massachusetts·EIN 04-2103587·NTEE E20 · Health Care·501(c)(3)
Total revenue
$827k
Total assets
$2M
Total expenses
$1.1M
Reported officers
25
Mission

DEVELOP, SPONSOR AND PROMOTE SERVICE AND PROGRAMS SOLELY FOR THE BENEFIT OF MELROSEWAKEFIELD HEALTHCARE, INC. (HOSPITAL) AND ITS RELATED ORGANIZATIONS. THESE PROGRAMS AND SERVICES ARE CHARITABLE, SCIENTIFIC OR EDUCATIONAL.

Executive compensation

Form 990 · Part VII & Schedule J · 12 reported individuals · Filing year 2023

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

Director/pres & CEO - Tufts Medicine
Median to 75th percentile
$360k
$396k
President/director
25th percentile to median
$115k
$126k
Assist. Secretary (until 4/24)
Secretary (Operational)
Median to 75th percentilevs Health Care peers nationwide
$77k
$85k
Secretary (as of 2/24)
Secretary (Operational)
Median to 75th percentilevs Health Care peers nationwide
$70k
$77k
Assistant Treasurer
Officer (Unspecified)
$60k
$67k
Assist. Treasurer (until 12/23)
10th to 25th percentile
$39k
$43k
Director
Board Member
10th to 25th percentile
$35k
$38k
Director (until 2/24)
Board Member
10th to 25th percentile
$31k
$34k
Director
Board Member
10th to 25th percentile
$24k
$26k
Secretary (until 7/24)
Secretary (Operational)
10th to 25th percentilevs Health Care peers nationwide
$17k
$19k
Director
Board Member
10th to 25th percentile
$8k
$9k
Assist. Secretary/dir. (as of 7/24)
Officer (Unspecified)
$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.

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 MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION equaled 32% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
32%
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 24%
from 2022

From $291k in 2022 to $360k in 2023.

$291k
2022
$360k
2023
In today's dollarsEst.
Up 19% in real terms$333k to $396k

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 1503% from 2022 to 2023, while revenue fell 51%.

$22k in 2022 to $360k in 2023.
  • Secretary (Operational) pay rose 407% from 2022 to 2023.
  • Chief Financial Officer pay fell 55% 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 MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION

What does the Chief Executive Officer of MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION earn?

In 2023, the Chief Executive Officer of MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION received $359,711 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Health Care organizations in Massachusetts, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION compare with similar nonprofits?

Compared with the same role at Health Care organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION falls between the median and the 75th percentile. In 2023, the highest total compensation at MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION equaled 32% of the organization's total expenses. The median for health care organizations is 4%.

What are MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION's revenue and expenses?

In 2023, MELROSEWAKEFIELD HEALTHCARE PARENT CORPORATION reported $827k in total revenue and $1.1M in total expenses on its IRS Form 990.

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