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Filing year 2023

MILFORD REGIONAL PHYSICIAN GROUP INC

Milford, Massachusetts·EIN 04-3159969·NTEE E110 · Health Care·501(c)(3)
Total revenue
$117.8M
Total assets
$68.1M
Total expenses
$127.8M
Reported officers
21
Mission

Our primary mission at Milford Regional Healthcare System, which includes Milford Regional Medical Center and Milford Regional Physician Group, is to provide exceptional healthcare services to all individuals in our community with dignity, compassion and respect.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

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

President
Key Employee
75th to 90th percentile
$702k
$784k
Base
$519k
Bonus
$91k
Other
Benefits
$37k
Physician
Highest Compensated Employee
75th to 90th percentile
$615k
$686k
Base
$615k
Bonus
Other
Benefits
$41k
Physician
Highest Compensated Employee
75th to 90th percentile
$605k
$676k
Base
$540k
Bonus
$35k
Other
Benefits
$26k
Physician
Highest Compensated Employee
75th to 90th percentile
$604k
$674k
Base
$604k
Bonus
Other
Benefits
$10k
Physician
Highest Compensated Employee
75th to 90th percentile
$575k
$642k
Base
$575k
Bonus
Other
Benefits
$909
Physican
Highest Compensated Employee
75th to 90th percentile
$569k
$636k
Base
$569k
Bonus
Other
Benefits
$41k
Trustee
Board Member
Median to 75th percentile
$371k
$414k
Base
$353k
Bonus
Other
Benefits
$15k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 14 unpaid individuals.

Browse compensation in Health Care

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MILFORD REGIONAL PHYSICIAN GROUP INC equaled 0.5% of the organization's total expenses. The median for health care organizations is 4%.

This organization (2023)
0.5%
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.

Held steady
from 2022

From $700k in 2022 to $702k in 2023.

$700k
2022
$702k
2023
In today's dollarsEst.
Down 3% in real terms$808k to $784k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay held roughly steady from 2022 to 2023, while revenue rose 2%.

$700k in 2022 to $702k in 2023.
  • Highest Compensated Employee pay fell 7% from 2022 to 2023.
  • Board Member pay fell 21% 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 MILFORD REGIONAL PHYSICIAN GROUP INC

What does the Key Employee of MILFORD REGIONAL PHYSICIAN GROUP INC earn?

In 2023, the Key Employee of MILFORD REGIONAL PHYSICIAN GROUP INC received $701,773 in total compensation. This pay is in the top quarter for Key Employee roles among Health Care organizations in Massachusetts, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at MILFORD REGIONAL PHYSICIAN GROUP INC compare with similar nonprofits?

Compared with the same role at Health Care organizations in Massachusetts, the 2023 pay of the Key Employee at MILFORD REGIONAL PHYSICIAN GROUP INC falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MILFORD REGIONAL PHYSICIAN GROUP INC equaled 0.5% of the organization's total expenses. The median for health care organizations is 4%.

What are MILFORD REGIONAL PHYSICIAN GROUP INC's revenue and expenses?

In 2023, MILFORD REGIONAL PHYSICIAN GROUP INC reported $117.8M in total revenue and $127.8M in total expenses on its IRS Form 990.

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