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 · Part VII & Schedule J · 5 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at Health Care organizations in Massachusetts.
| Position | Total |
|---|---|
President & CEO (until 1/2024) Median to 75th percentile | $310k $346k |
Asst Clerk/ EVP & COO Shs Median to 75th percentile | $191k $214k |
President & CEO (as of 1/2024) 10th to 25th percentile | $51k $57k |
Trustee Board Member 25th percentile to median | $42k $47k |
Treasurer/ EVP & CFO Shs 10th to 25th percentile | $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.
Top pay as a share of expenses
In 2023, the highest total compensation at SOUTHCOAST VENTURES INC equaled 104% 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.
Up 29%
from 2022
From $240k in 2022 to $310k in 2023.
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.
Chief Executive Officer pay rose 29% from 2022 to 2023, while revenue rose 52%.
- Board Member pay rose 8% from 2022 to 2023.
Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.
Among peers
Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.
Common questions about SOUTHCOAST VENTURES INC
What does the Chief Executive Officer of SOUTHCOAST VENTURES INC earn?
In 2023, the Chief Executive Officer of SOUTHCOAST VENTURES INC received $310,296 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 SOUTHCOAST VENTURES INC compare with similar nonprofits?
Compared with the same role at Health Care organizations in Massachusetts, the 2023 pay of the Chief Executive Officer at SOUTHCOAST VENTURES INC falls between the median and the 75th percentile. In 2023, the highest total compensation at SOUTHCOAST VENTURES INC equaled 104% of the organization's total expenses. The median for health care organizations is 4%.
What are SOUTHCOAST VENTURES INC's revenue and expenses?
In 2023, SOUTHCOAST VENTURES INC reported $203k in total revenue and $297k in total expenses on its IRS Form 990.
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