Massachusetts · Nonprofit
NORTHEAST HOSPITAL CORPORATION
NORTHEAST HOSPITAL CORPORATION (Massachusetts) receives grants from 29 organizations whose IRS filings report $5,445,896 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,345,441). 23 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $709M
- Funders on record
- 29
- Grants received
- $5.4M
- Net assets
- $480M
What Northeast Hospital Corporation does
Mission
Centering on a concept and continuum of care that embraces the health, well-being and dignity of each patient, regardless of their ability to pay, Northeast Hospital Corporation (nhc or hospital) has four facilities, beverly hospital, addison gilbert hospital, lahey outpatient center, danvers and bayridge hospital and is founded on the concepts of quality, caring and community. Together, these institutions are dedicated to providing the highest quality, patient-centered medical care for massachusetts' north shore and cape ann residents. Nhc provides care to patients in the communities where they live and work and provides care to medicare, medicaid and other patients regardless of their ability to pay. The hospital accomplishes this mission in close connection with the other members of the beth israel lahey health network of affiliates. In addition, as part of its dedication to providing community benefits, nhc is committed to working in partnership with residents and community leaders as well as civic, social and medical organizations from the communities it serves. Nhc is dedicated to the planning, development, implementation and monitoring of programs that address the health…
As stated on its FY2025 Form 990.
Programs
Outpatient clinics and services Northeast Hospital Corporation (nhc) is located in massachusetts' north shore and cape ann regions. Nhc is comprised of two community hospitals (beverly and addison gilbert hospitals), a behavioral health facility (bayridge hospital) and lahey outpatient center danvers which is an outpatient facility that offers diagnostic and imaging services, along with primary, specialty, preventative and urgent care. Beverly and addison gilbert hospitals are leading providers in such important medical specialties that include, but are not limited to cardiology, oncology, radiology, geriatrics, women's health, rehabilitation, endoscopy, mammography and cardiopulmonary services. Some of these areas are highlighted below. Cardiovascular services cardiovascular services provide a full range of cardiac testing, diagnostic services, cardiovascular treatment and follow-up care. Nhc offers specialized cardiac tests such as electrocardiograms, echocardiograms, stress testing, doppler ultrasonography and cardiac catheterization, as well as treatment for a full range of cardiac disorders, including coronary artery disease, cardiomyopathy, valve and artery problems,…
$521,672,793 spentof which $336,194 as grants$415,729,334 earned by the program100% of program spendingInpatient medical / surgical and intensive care as noted above, Northeast Hospital Corporation (nhc or hospital) is comprised of multiple locations, three of which offer inpatient care: two community hospitals (beverly and addison gilbert hospitals) and a behavioral health facility (bayridge hospital). Combined these locations have a total of 337 licensed beds, comprised of 197 medical/surgical beds, 18 intensive care unit beds, 11 pediatric service beds, 31 obstetrics service beds, and 80 psychiatric service beds. Nhc provides a wide range of inpatient services that include, but are not limited to, critical care, general medicine, surgery, maternity/obstetrics, newborn special care, pediatrics and behavioral health/psychiatry. Additional information on some of these areas are highlighted below. Surgical services surgical specialties include ophthalmology, ear, nose and throat (ent) surgery, breast surgery, general and gastrointestinal surgery, gynecological surgery, plastic surgery, spine surgery, urologic surgery and vascular surgery. Surgeons also specialize in minimally invasive surgical procedures, which decrease the risk of infection and blood loss and minimize discomfort…
$241,974,005 earned by the programEmergency department beverly and addison gilbert hospitals' emergency departments are open 24-hours-a-day, 7 days a week, and provide the local communities with a dedicated emergency care team that includes board-certified emergency medicine physicians and specialty trained emergency nurses. Patients seeking care at beverly and addison gilbert hospitals have access to advanced life support, intensive care capabilities, and a wide range of doctors and clinicians specially trained in areas such as pediatrics, cardiology and anesthesia. In addition, both beverly and addison gilbert hospitals are primary stroke service hospitals. This designation means that both hospitals meet the criteria required to provide a high level of stroke care to patients. The hospitals have available diagnostic and therapeutic services from a multidisciplinary team and that team is accessible 24-hours a day, seven days a week to patients presenting with symptoms of acute stroke. Beverly hospital's emergency department also offers fast track, a program that provides dedicated staff to care for patients with minor injuries and illnesses. The service treats patients with sprains, flu, cuts and other minor…
$37,116,088 earned by the program
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $521,672,793.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $517M to $670M (+29%).
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.
Government-grant reliance: 2019 0% · 2020 9% · 2021 0% · 2022 1% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
1% of NORTHEAST HOSPITAL CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
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
Tabb Md Kevin
CEO (ex-off) (CEO, bilh)
Board chair
Nardella Bruce F
Trustee & chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 7 funders to 13 funders, grant income rose $356k → $610k.
12 of 29 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 64% 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 NORTHEAST HOSPITAL CORPORATION’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
NORTHEAST HOSPITAL CORPORATION leans on a few funders — its largest provides 43% of grant income and the top three 71%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund NORTHEAST HOSPITAL CORPORATION.
Largest funder’s share by year: 2017 76% · 2018 35% · 2019 44% · 2020 44% · 2021 45% · 2022 40% · 2023 39% — diversifying over time.
“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
68% of NORTHEAST HOSPITAL CORPORATION's funders are still giving 3 years after their first grant; 79% give in more than one year at all.
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
64% of NORTHEAST HOSPITAL CORPORATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.0M that is directly attributable, 68% of it comes from Massachusetts funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.5M arriving through sponsors registered in 8 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.
Against its field
NORTHEAST HOSPITAL CORPORATION runs a healthier operating margin than three-quarters of the 1,241 health nonprofits its size.
this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025
Government funding NORTHEAST HOSPITAL CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $242.0M on record.
- MA$242.0M
- CT$80
- FL$42
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like NORTHEAST HOSPITAL CORPORATION
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
87% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 36 states
Part of a family of 82 related entities
- Addison Gilbert Society Inc · exempt
- Anna Jaques Hospital · exempt
- Assoc Phys Harvard Med Fac Phy at Bidmc · exempt
- Baim Institute for Clinical Research Inc Dba Baim Institute · exempt
- Beth Israel Anaesthesia Foundation Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for NORTHEAST HOSPITAL CORPORATION: 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.
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 NORTHEAST HOSPITAL CORPORATION?
- NORTHEAST HOSPITAL CORPORATION (Massachusetts) receives grants from 29 organizations whose IRS filings report $5,445,896 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($2,345,441). 23 of them have funded it in more than one year, and 64% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does NORTHEAST HOSPITAL CORPORATION have?
- IRS filings report 29 organizations giving $5,445,896 in grants to NORTHEAST HOSPITAL CORPORATION, 23 of which have funded it in more than one year.
- Who is the largest funder of NORTHEAST HOSPITAL CORPORATION?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $2,345,441 in grants. The full list of funders is on this page.
- How can an organization like NORTHEAST HOSPITAL CORPORATION 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 29 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