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Filing year 2024

Needymeds Inc

Gloucester, Massachusetts·EIN 46-3091990·NTEE E01 · Health Care·3
Total revenue
$1.6M
Total assets
$789k
Total expenses
$1.8M
Reported officers
5
Mission

NEEDYMEDS EDUCATES AND EMPOWERS THOSE SEEKING AFFORDABLE HEALTHCARE.

Executive compensation

Form 990 · Schedule J · 1 reported individual · Filing year 2024

President
key employee
$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.

Browse compensation in Health Care

Up 62%
from 2023

From $72k in 2023 to $116k in 2024.

$72k
2023
$116k
2024
In today's dollarsEst.
Up 57% in real terms$80k to $125k

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.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Needymeds Inc reported revenue and expenses across 3 filing years.

RevenueExpenses
$1.8M
$1.8M
2022
$1.7M
$1.7M
2023
$1.6M
$1.8M
2024
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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