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Massachusetts · Nonprofit

UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC

UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC (Massachusetts) receives grants from 16 organizations whose IRS filings report $2,168,971 to it, the largest being THE HOPEDALE FOUNDATION ($925,000). 7 of them have funded it in more than one year.

Revenue FY2024
$293M
Funders on record
16
Grants received
$2.2M
Net assets
$77M
7/16 repeat funderspeak grant-dependency 0%
01What it does

What Umass Memorial Health - Milford Regional Medical Center Inc does

Mission

UMass Memorial Health - Milford Regional Medical Center Inc is committed to providing exceptional healthcare services to our community with dignity, compassion, and respect.

As stated on its FY2024 Form 990.

Programs

  1. A full-service, community and regional teaching hospital, Milford Regional is a 148-bed, nonprofit, acute-care facility serving a region of 20-plus towns in central Massachusetts. With over 300 primary care and specialty physicians on the medical staff, our physicians are skilled in the most advanced procedures and technology, and provide personalized patient care in a warm and caring environment. Many hold teaching appointments at New England's finest medical schools preparing the doctors of tomorrow. In FY2024, Milford Regional provided over 60,000 visits in its 52-bed emergency department. In addition, Milford Regional treats 683 patients in its 10-bed ICU. Furthermore, patients benefit from our patient care center which includes eight state-of-the-art operating suites, consolidated surgical services (including admitting and pre-admission testing) and medical/surgical floors with private rooms, many with advanced patient monitoring capabilities. Our fourth floor houses 15 private rooms designed for the needs of cancer and palliative care patients. Our Maternity Center offers home-like LDRP (labor, delivery, recovery, postpartum) rooms, as well as a new 1B Continuing Care…

    $256,622,609 spent$292,776,404 earned by the program
    100% of program spending
  2. Other program services, not described on the e-filed return.

    $0 spent
    0% of program spending

The 2 programs described on its FY2023 Form 990, listed largest first by expense. Program spending in total: $256,622,609.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($219M) Expenses 100 ($206M) Net assets 100 ($121M)2018 Revenue 102 ($223M) Expenses 103 ($213M) Net assets 101 ($122M)2019 Revenue 108 ($235M) Expenses 106 ($219M) Net assets 104 ($125M)2020 Revenue 106 ($232M) Expenses 110 ($226M) Net assets 106 ($128M)2021 Revenue 113 ($247M) Expenses 122 ($251M) Net assets 99 ($119M)2022 Revenue 128 ($279M) Expenses 132 ($273M) Net assets 82 ($99M)2023 Revenue 136 ($297M) Expenses 143 ($295M) Net assets 76 ($92M)2024 Revenue 134 ($293M) Expenses 146 ($302M) Net assets 64 ($77M)
'17'18'19'20'21'22'23'24
Revenue (134)Expenses (146)Net assets (64)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $294M to $249M (−15%).

$253M
$254M
$270M
$298M
$294M
$249M
$241M
$237M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 7% · 2021 1% · 2022 2% · 2023 1% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

0% of UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).

This organization
Typical peer · 2,211 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$12M
’17
$9.6M
’18
$16M
’19
$5.9M
’20
−$4.4M
’21
$6.5M
’22
$2.1M
’23
−$8.8M
’24
1.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Edward Kelly

President and CEO

Board chair

Anthony Consigli

Chair

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2020 and FY2021, and between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24
Listed2224252525252626
Joined·+3+5+3+13+4+12+3
No longer listed·143134113
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 5 funders to 4 funders, grant income fell $195k → $159k.

6 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 19% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC leans on a few funders — its largest provides 43% of grant income and the top three 83%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

43%
largest funder
83%
top three
~3
effective funders

Largest funder’s share by year: 2017 51% · 2018 50% · 2019 58% · 2020 52% · 2021 77% · 2022 67% · 2023 51% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

40% of UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC's funders are still giving 3 years after their first grant; 44% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC's grant income comes from Massachusetts funders.

WI
MA
RI
DE

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Massachusetts out of state home

Funder states come from each funder’s own filing. $413k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC is better cushioned than half of the 2,075 health nonprofits its size.

Operating margin−3% · bottom quartile
Months of reserve1.6mo · above the median
Revenue growth (annualized)4% · below the median

this organization peer median middle 50% of peers· 2,075 health nonprofits over $100M, FY2024

Organizations like UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Massachusetts

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

15
board members
60%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

MA

Part of a family of 3 related entities

  • Milford Regional Physician Group Inc · exempt
  • MRHC Management Services Inc · exempt
  • Milford Regional Healthcare Foundation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC?
UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC (Massachusetts) receives grants from 16 organizations whose IRS filings report $2,168,971 to it, the largest being THE HOPEDALE FOUNDATION ($925,000). 7 of them have funded it in more than one year.
How many funders does UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC have?
IRS filings report 16 organizations giving $2,168,971 in grants to UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC, 7 of which have funded it in more than one year.
Who is the largest funder of UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC?
THE HOPEDALE FOUNDATION is the largest funder on record, with $925,000 in grants. The full list of funders is on this page.
How can an organization like UMASS MEMORIAL HEALTH - MILFORD REGIONAL MEDICAL CENTER INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Massachusetts. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Umass Memorial Health - Milford Regional Medical Center →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing