NEEDYMEDS EDUCATES AND EMPOWERS THOSE SEEKING AFFORDABLE HEALTHCARE.
Executive compensation
Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024
Percentile bands compare each position's total pay with the same role at Health Care organizations in Massachusetts.
| Position | Total |
|---|---|
President Key Employee 25th percentile to median | $116k $125k |
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 4 unpaid individuals.
Top pay as a share of expenses
In 2024, the highest total compensation at Needymeds Inc equaled 7% of the organization's total expenses. The median for health care organizations is 4%.
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.
Up 62%
from 2023
From $72k in 2023 to $116k in 2024.
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.
Key Employee pay rose 2656% from 2022 to 2024, while revenue fell 9%.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about Needymeds Inc
What does the Key Employee of Needymeds Inc earn?
In 2024, the Key Employee of Needymeds Inc received $116,015 in total compensation. This pay is below the median (the midpoint) for Key Employee roles among Health Care organizations in Massachusetts, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.
How does Key Employee pay at Needymeds Inc compare with similar nonprofits?
Compared with the same role at Health Care organizations in Massachusetts, the 2024 pay of the Key Employee at Needymeds Inc falls between the 25th percentile and the median. In 2024, the highest total compensation at Needymeds Inc equaled 7% of the organization's total expenses. The median for health care organizations is 4%.
What are Needymeds Inc's revenue and expenses?
In 2024, Needymeds Inc reported $1.6M in total revenue and $1.8M in total expenses on its IRS Form 990.
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