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Filing year 2023

SOUTHCOAST VENTURES INC

New Bedford, Massachusetts·EIN 04-3003172·NTEE E112 · Health Care·3
Total revenue
$203k
Total assets
$6.7M
Total expenses
$297k
Reported officers
21
Mission

SOUTHCOAST VENTURES PARTICIPATES IN PROGRAMS THAT PROVIDE FOR THE IMPROVEMENT OF ACCESS TO HEALTHCARE SERVICES WITHIN THE COMMUNITIES SERVED BY SOUTHCOAST HOSPITALS GROUP, INC. AND ITS AFFILIATED CORPORATIONS THAT ARE EXEMPT FROM FEDERAL INCOME TAX, INCLUDING IDENTIFYING AREAS OF PHYSICIAN SHORTAGES, PROVIDING SUPPORT FOR THE RECRUITMENT OF PHYSICIANS TO AREAS WHERE THERE IS A COMMUNITY NEED AND PROVIDING PRACTICE SUPPORT.

Executive compensation

Form 990 · Schedule J · 5 reported individuals · Filing year 2023

President & CEO (until 1/2024)
$310k
$346k
Asst Clerk/ EVP & COO Shs
$191k
$214k
President & CEO (as of 1/2024)
$51k
$57k
Trustee
board member
$42k
$47k
Treasurer/ EVP & CFO Shs
$39k
$44k

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 16 unpaid individuals.

Browse compensation in Health Care

Up 29%
from 2022

From $240k in 2022 to $310k in 2023.

$240k
2022
$310k
2023
In today's dollarsEst.
Up 25% in real terms$277k to $346k

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

SOUTHCOAST VENTURES INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$134k
$139k
2022
$203k
$297k
2023
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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