Lahey Clinic Foundation Inc

Burlington, MA
Tax-exempt since Oct. 1994
EIN: 04-2323457

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Health — General and Rehabilitative / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Revenue

$14.5M (2023)

Expenses

$2.54M (2023)

Total Assets

$960M (2023)

Total Liabilities

$474M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Revenue

$14,529,877

Expenses

$2,541,358

Net Income

$11,988,519

Net Assets

$486,372,862

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$9,921,965	68.3%
Program Services	$0
Investment Income	$4,607,912	31.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$960,450,884
Total Liabilities	$474,078,022
Net Assets	$486,372,862

Compensation

Key Employees and Officers	Compensation	Related	Other
Tabb Md Kevin (Ttee (Ex Officio) & Ceo (Ex Off))	$0	$2,507,235	$299,917
Longworth Md David (Trustee (Ex Officio) & President)	$0	$1,110,533	$31,775
Mourtzinos Md Arthur P (Trustee; Urologist)	$0	$748,389	$48,353
Hunter Md Alice A (Trustee; Orthopaedic Surgeon)	$0	$513,964	$62,649
Sorcini Md Andrea P (Ttee (Ex Off); Msa Pres & Urologist)	$0	$467,162	$45,670
Srinivasan Md Jayashri (Trustee; Division Chair Neurology)	$0	$443,247	$60,158
Aquino Md Patrick (Ttee; Lci Division Chair, Psychiatry)	$0	$407,577	$24,586
Winger Md Christine (Trustee, Physician)	$0	$345,098	$62,996
Villanueva Md Andrew G (Trustee, Chief Quality Officer)	$0	$263,177	$65,695
D'agostino Md Richard S (Trustee, Physician)	$0	$232,277	$78,678
Crawford Md Betsey (Ttee; Physician, Internal Medicine)	$0	$249,589	$29,087
Edmonds Jane C (Trustee & Chair)	$0	$0	$0
Lang David (Trustee, Chair)	$0	$0	$0
Moffatt Bruce Md Phd Susan (President & Trustee (Ex Officio))	$0	$0	$0
Alexander Paul (Trustee)	$0	$0	$0
Bailey Phd Eric M (Trustee)	$0	$0	$0
Crandall Roger (Trustee)	$0	$0	$0
Cruz Melissa (Trustee)	$0	$0	$0
Fink Johanna (Trustee)	$0	$0	$0
Irving James (Trustee)	$0	$0	$0
Mcardle Joan (Trustee)	$0	$0	$0
Nordblom Peter C (Trustee)	$0	$0	$0
Poduska William J (Trustee)	$0	$0	$0
Ponte Patricia Reid (Trustee)	$0	$0	$0
Reynolds Mary (Trustee)	$0	$0	$0
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990

Filed on Aug. 14, 2024

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Fiscal Year Ending Sept.
2022

Revenue

$33,558,820

Expenses

$672,827

Net Income

$32,885,993

Net Assets

$397,699,409

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,919,204	17.6%
Program Services	$0
Investment Income	$8,081,827	24.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$19,557,789	58.3%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$914,887,443
Total Liabilities	$517,188,034
Net Assets	$397,699,409

Compensation

Key Employees and Officers	Compensation	Related	Other
Tabb Md Kevin (Ttee(ex Off)&Ceo(ex Off),Lcf,Lc,Lch)	$0	$5,034,628	$296,171
Longworth Md David (Ttee (Ex Off), Pres Lc, Lch, Lcf)	$0	$1,453,154	$36,329
Mourtzinos Md Arthur P (Trustee, Physician)	$0	$714,768	$48,049
Villanueva Md Andrew G (Trustee, Chief Quality Officer)	$0	$679,576	$62,617
D'agostino Md Richard S (Trustee, Physician)	$0	$655,274	$85,005
Hunter Md Alice A (Trustee, Physician)	$0	$551,761	$62,195
Winger Md Christine (Trustee, Physician)	$0	$522,935	$62,571
Sorcini Md Andrea P (Ttee (Ex Officio); Msa Pres/Phy)	$0	$520,959	$32,882
Srinivasan Md Jayashri (Trustee, Physician)	$0	$420,342	$59,810
Aquino Md Patrick (Trustee, Physician)	$0	$394,733	$56,020
Crawford Md Betsey (Trustee, Physician)	$0	$238,143	$34,529
Lang David (Trustee, Chair)	$0	$0	$0
Alexander Paul (Trustee)	$0	$0	$0
Bailey Phd Eric M (Trustee)	$0	$0	$0
Crandall Roger (Trustee)	$0	$0	$0
Cruz Melissa (Trustee)	$0	$0	$0
Edmonds Jane C (Trustee)	$0	$0	$0
Irving James (Trustee)	$0	$0	$0
Matias Juana (Trustee)	$0	$0	$0
Mcardle Joan (Trustee)	$0	$0	$0
Nordblom Peter C (Trustee)	$0	$0	$0
Poduska William J (Trustee)	$0	$0	$0
Reid Ponte Patricia (Trustee)	$0	$0	$0
Reynolds Mary (Trustee)	$0	$0	$0
Robins Shannon (Trustee)	$0	$0	$0
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990

Filed on Aug. 15, 2023

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Fiscal Year Ending Sept.
2021

Revenue

$37,603,944

Expenses

$1,070,284

Net Income

$36,533,660

Net Assets

$367,753,345

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$10,106,039	26.9%
Program Services	$0
Investment Income	$7,122,627	18.9%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	-$1,026,010
Sales of Assets	$21,401,288	56.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$924,716,563
Total Liabilities	$556,963,218
Net Assets	$367,753,345

Compensation

Key Employees and Officers	Compensation	Related	Other
Tabb Md Kevin (Trustee (Ex Officio) And Ceo (Ex Officio))	$0	$3,378,281	$364,897
Longworth Md David (Trustee (Ex Officio), President)	$0	$1,277,981	$56,771
D'agostino Md Richard S (Trustee, Physician)	$0	$713,170	$55,917
Mourtzinos Md Arthur P (Trustee, Physician)	$0	$735,562	$23,620
Jenkins Md Roger L (Trustee, Physician)	$0	$623,997	$70,520
Villanueva Md Andrew G (Trustee, Chief Quality Officer)	$0	$617,321	$30,832
Hunter Md Alice A (Trustee, Physician)	$0	$610,698	$30,506
Winger Md Christine (Trustee, Physician)	$0	$571,905	$67,233
Sorcini Md Andrea P (Trustee (Ex Officio); Msa President/Physician)	$0	$536,145	$0
Srinivasan Md Jayashri (Trustee, Physician)	$0	$462,001	$65,522
Crawford Md Betsey (Trustee)	$0	$282,871	$40,633
Lang David (Trustee, Chair)	$0	$0	$0
Alexander Paul (Trustee)	$0	$0	$0
Bailey Phd Eric M (Trustee)	$0	$0	$0
Crandall Roger (Trustee)	$0	$0	$0
Cruz Melissa (Trustee)	$0	$0	$0
Edmonds Jane C (Trustee)	$0	$0	$0
Irving James (Trustee)	$0	$0	$0
Matias Juana (Trustee)	$0	$0	$0
Mcardle Joan (Trustee)	$0	$0	$0
Nordblom Peter C (Trustee)	$0	$0	$0
Poduska William J (Trustee)	$0	$0	$0
Reese Stuart (Trustee)	$0	$0	$0
Reid Ponte Patricia (Trustee)	$0	$0	$0
Reynolds Mary (Trustee)	$0	$0	$0
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990

Filed on Aug. 16, 2022

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Fiscal Year Ending Sept.
2020

Revenue

$4,685,194

Expenses

$2,825,481

Net Income

$1,859,713

Net Assets

$199,015,935

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,763,189	59.0%
Program Services	$0
Investment Income	$6,777,873	> 100%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$4,855,868
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$1,696,079	60.0%
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$910,019,710
Total Liabilities	$711,003,775
Net Assets	$199,015,935

Compensation

Key Employees and Officers	Compensation	Related	Other
Tabb Md Kevin (Ttee (Ex Of), Ceo (Ex Of))	$0	$2,488,251	$789,051
Irving James (Trustee)	$0	$16,790	$396
Lang David (Trustee, Chair)	$0	$0	$0
Bailey Phd Eric M (Trustee)	$0	$0	$0
Crandall Roger W (Trustee)	$0	$0	$0
Edmonds Jane C (Trustee)	$0	$0	$0
Mcardle Joan (Trustee)	$0	$0	$0
Nordblom Peter C (Trustee)	$0	$0	$0
Reese Stuart (Trustee)	$0	$0	$0
Reid Ponte Patricia (Trustee)	$0	$0	$0
Schmergel Greg (Trustee)	$0	$0	$0
Poduska J William (Trustee)	$0	$0	$0
Crawford Md Betsey (Trustee)	$0	$273,647	$39,665
Longworth Md David (Ttee (Ex Of), Pres Lh/Lmc)	$0	$1,267,211	$54,598
D'agostino Md Richard S (Trustee, Division Chair)	$0	$743,784	$75,544
Villanueva Md Andrew G (Trustee, Chief Quality Officer)	$0	$718,985	$68,315
Hunter Md Alice A (Trustee)	$0	$672,877	$65,746
Jenkins Md Roger L (Trustee)	$0	$623,889	$68,610
Mourtzinos Md Arthur P (Trustee, Physician)	$0	$637,039	$47,967
Winger Md Christine (Trustee, Physician)	$0	$560,461	$67,432
Sorcini Md Andrea P (Ttee (Ex Of), Msa Pres/Phy)	$0	$583,039	$38,724
Srinivasan Md Jayashri (Trustee, Division Chair)	$0	$444,156	$63,961
Lear Maryellen (Assistant Clerk)	$0	$128,555	$33,143
Bennett Kevin (Vp Financial Services)	$0	$376,920	$66,920
Fischer Steven P (Treasurer (Ex Officio))	$0	$1,311,136	$430,191
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990

Filed on Aug. 17, 2021

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Fiscal Year Ending Sept.
2019

Revenue

$19,319,520

Expenses

$3,119,634

Net Income

$16,199,886

Net Assets

$204,716,063

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,047,459	15.8%
Program Services	$0
Investment Income	$11,613,745	60.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$2,472,838	12.8%
Net Inventory Sales	$0
Other Revenue	$2,185,478	11.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$2,092,284	67.1%
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$942,583,380
Total Liabilities	$737,867,317
Net Assets	$204,716,063

Compensation

Key Employees and Officers	Compensation	Related	Other
Ain Carolyn (Trustee)	$0	$0	$0
Bailey Phd Eric M (Trustee)	$0	$0	$0
Connolly Ann Marie (Trustee, Chair)	$0	$0	$0
Crandall Roger W (Trustee)	$0	$0	$0
Crawford Md Betsey (Trustee)	$0	$252,357	$38,823
D'agostino Md Richard S (Trustee, Division Chair)	$0	$870,040	$73,934
Edmonds Jane C (Trustee)	$0	$0	$0
Eskandarian Edward (Trustee)	$0	$0	$0
Hunter Md Alice A (Trustee)	$0	$638,803	$64,323
Irving James (Trustee)	$0	$0	$0
Jenkins Md Roger L (Trustee)	$0	$623,174	$67,187
Lang David (Trustee, Chair)	$0	$0	$0
Longworth Md David (Trustee (Ex Off)/Officer)	$0	$951,824	$40,955
Mcardle Joan (Trustee)	$0	$0	$0
Mcgoldrick Linda (Trustee)	$0	$0	$0
Mourtzinos Md Arthur P (Trustee, Physician)	$0	$615,238	$41,377
Nesto Md Richard (President & Trustee (Ex Off))	$0	$862,978	$68,437
Nordblom Peter C (Trustee)	$0	$0	$0
Poduska J William (Trustee)	$0	$0	$0
Reese Stuart (Trustee)	$0	$0	$0
Reid Ponte Patricia (Trustee)	$0	$0	$0
Saltsman Md Wayne (Ttee (Ex Off), Pres Med Staff)	$0	$285,245	$61,021
Schmergel Greg (Trustee)	$0	$0	$0
Sorcini Md Andrea P (Ttee/Msa President/Physician)	$0	$549,704	$37,832
Srinivasan Md Jayashri (Trustee, Division Chair)	$0	$402,281	$65,581
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990

Filed on Aug. 18, 2020

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990-T

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Fiscal Year Ending Sept.
2018

Revenue

$22,644,227

Expenses

$3,073,583

Net Income

$19,570,644

Net Assets

$416,999,753

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,573,460	24.6%
Program Services	$0
Investment Income	$5,230,577	23.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$11,839,234	52.3%
Net Inventory Sales	$0
Other Revenue	$956	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$1,328,109	43.2%

Assets/Debt
Total Assets	$961,416,980
Total Liabilities	$544,417,227
Net Assets	$416,999,753

Compensation

Key Employees and Officers	Compensation	Related	Other
Ann Marie Connolly (Trustee/Chair)	$0	$0	$0
Carolyn Ain (Trustee)	$0	$0	$0
Eric M Bailey (Trustee)	$0	$0	$0
Roger W Crandall (Trustee)	$0	$0	$0
Jane C Edmonds (Trustee)	$0	$0	$0
Edward Eskandarian (Trustee)	$0	$0	$0
James Irving (Trustee)	$0	$0	$0
David Lang (Trustee)	$0	$0	$0
Joan Mcardle (Trustee Elected 6/8/18)	$0	$0	$0
Linda Mcgoldrick (Trustee)	$0	$0	$0
Deborah Mckenna (Trustee Thru 9/10/18)	$0	$0	$0
Peter C Nordblom (Trustee)	$0	$0	$0
J William Poduska (Trustee)	$0	$0	$0
Stuart Reese (Trustee)	$0	$0	$0
Greg Schmergel (Trustee)	$0	$0	$0
David Wajsgras (Trustee)	$0	$0	$0
Howard R Grant Jd Md (Trustee/Officer/President/Ceo)	$0	$2,662,373	$64,084
Richard S D'agostino Md (Trustee/Division Chair)	$0	$651,184	$69,896
Roger L Jenkins Md (Trustee/Physician)	$0	$663,266	$72,402
Alice A Hunter Md (Trustee/Physician)	$0	$622,897	$28,948
Arthur P Mourtzinos Md (Trustee/Physician)	$0	$673,836	$50,452
Wayne Saltsman Md (Trustee Ex Officio/Physician)	$0	$286,036	$33,374
David G Spackman Jd (Officer/Svp Gov. Affairs & Gen)	$0	$414,227	$51,406
Andrew G Villanueva Md (Trustee/Chief Quality Officer)	$0	$349,868	$50,203
Rebecca C Yang Md (Trustee Thru 4/30/18/Physician)	$0	$386,234	$59,248
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990

Filed on Aug. 15, 2019

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Fiscal Year Ending Sept.
2017

Revenue

$26,348,026

Expenses

$6,525,272

Net Income

$19,822,754

Net Assets

$462,310,284

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,203,315	12.2%
Program Services	$0
Investment Income	$6,668,911	25.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$16,475,670	62.5%
Net Inventory Sales	$0
Other Revenue	$130	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,342,093,084
Total Liabilities	$879,782,800
Net Assets	$462,310,284

Compensation

Key Employees and Officers	Compensation	Related	Other
David M Barrett Md (Emeritus Chief Exec. Officer)	$2,411,680	$0	$0
Howard R Grant Jd Md (Trustee/Officer/President/Ceo)	$0	$1,089,242	$279,685
Christine Winger Md (Trustee/Physician)	$0	$479,190	$37,762
Roger L Jenkins Md (Trustee/Physician)	$0	$626,008	$68,129
Richard S D'agostino Md (Trustee/Division Chair)	$0	$554,854	$65,673
Andrew G Villanueva Md (Trustee/Cmo Lhmc)	$0	$351,508	$40,851
Betsey Crawford Md (Trustee/Physician)	$0	$243,878	$36,805
Arthur P Mourtzinos Md (Trustee/Physician)	$0	$490,219	$73,149
Rebecca C Yang Md (Trustee/Physician)	$0	$370,296	$53,121
Eric M Bailey (Trustee)	$0	$0	$0
Craig R Benson (Trustee Thru 2/13/2017)	$0	$0	$0
Ann Marie Connolly (Trustee/Chair)	$0	$0	$0
James D Irving (Trustee)	$0	$0	$0
J William Poduska (Trustee)	$0	$0	$0
Windle B Priem (Trustee Thru 2/13/2017)	$0	$0	$0
Stuart Reese (Trustee)	$0	$0	$0
Carolyn Ain (Trustee)	$0	$0	$0
Jane C Edmonds (Trustee)	$0	$0	$0
Deborah Mckenna (Trustee)	$0	$0	$0
David Wajsgras (Trustee)	$0	$0	$0
Edward Eskandarian (Trustee)	$0	$0	$0
Roger W Crandall (Trustee)	$0	$0	$0
David Lang (Trustee)	$0	$0	$0
Linda Mc Goldrick (Trustee)	$0	$0	$0
Greg Schmergel (Trustee)	$0	$0	$0
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990

Filed on Aug. 14, 2018

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Fiscal Year Ending Sept.
2016

Revenue

$9,577,747

Expenses

Net Income

$9,577,747

Net Assets

$434,929,593

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,576,661	37.3%
Program Services	$0
Investment Income	$5,182,747	54.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$818,339	8.5%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,322,022,569
Total Liabilities	$887,092,976
Net Assets	$434,929,593

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Howard R Grant Jd Md (Trustee/Officer/Pres & Ceo)	$0	$1,264,853	$376,483
John A Libertino Md (Trustee/Dept Chair Thru 5/17)	$0	$481,529	$42,534
Roger L Jenkins Md (Trustee/Physician)	$0	$589,517	$66,712
Richard S D'agostino Md (Trustee/Department Chair)	$0	$616,067	$65,662
Andrew G Villanueva Md (Trustee/Cmo Lhmc)	$0	$353,935	$45,413
Betsey Crawford Md (Trustee/Physician)	$0	$224,332	$31,842
Arthur P Mourtzinos Md (Trustee/Physician)	$0	$520,791	$45,293
Rebecca C Yang Md (Trustee/Physician)	$0	$378,069	$51,654
Eric M Bailey (Trustee)	$0	$0	$0
Craig R Benson (Trustee)	$0	$0	$0
Ann Marie Connolly (Trustee Chair)	$0	$0	$0
James D Irving (Trustee)	$0	$0	$0
J William Poduska (Trustee)	$0	$0	$0
Windle B Priem (Trustee)	$0	$0	$0
Stuart Reese (Trustee)	$0	$0	$0
Carolyn Ain (Trustee)	$0	$0	$0
Jane C Edmunds (Trustee)	$0	$0	$0
Deborah Mckenna (Trustee)	$0	$0	$0
David Wajsgras (Trustee)	$0	$0	$0
Edward Eskandarian (Trustee)	$0	$0	$0
Roger W Crandall (Trustee)	$0	$0	$0
David Lang (Trustee)	$0	$0	$0
Linda Mc Goldrick (Trustee)	$0	$0	$0
Greg Schmergel (Trustee)	$0	$0	$0
Alice Hunter Md (Trustee/Physician)	$0	$590,117	$56,540
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990

Filed on Aug. 14, 2017

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990-T

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Fiscal Year Ending Sept.
2015

Revenue

$43,968,631

Expenses

Net Income

$43,968,631

Net Assets

$396,494,690

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,188,265	11.8%
Program Services	$0
Investment Income	$4,110,172	9.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$34,670,194	78.9%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$1,187,008,303
Total Liabilities	$790,513,613
Net Assets	$396,494,690

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Howard R Grant Jd Md (Trustee/Officer/President & Ceo)	$1,106,889	$905,636	$278,701
Richard W Nesto Md (Trustee/Cmo Lahey Health/Physician)	$597,095	$243,884	$93,878
Timothy O'connor (Officer/Evp Cfo & Treasurer)	$522,673	$224,003	$148,876
Joseph C Corkery Md (Chief Inst. Adv. Officer)	$504,922	$0	$22,655
Gregory A Bazylewicz Md (Svp Chief Netwrk Dvlp Offc)	$406,322	$238,633	$52,148
Joanne M Conroy (Evp Lhs & Ceo Lhmc)	$372,804	$0	$39,938
Allan S Danis (Vp Contracting)	$341,514	$0	$1,403
Kevin H Hoppe (Vice President Lahey Acu)	$331,878	$0	$46,659
David G Spackman (Officer/Svp Gov Affairs & Gen Counsel)	$319,908	$130,667	$51,385
Derek C Bellin Md (Svp Institutional Adv & Cmo/Physician)	$317,468	$105,822	$35,324
Kimberly A Perryman (Cno Beverly Hospital)	$311,689	$0	$48,955
Thomas J Cahill Jr (Vp Philanthropy)	$311,529	$0	$32,027
Elizabeth P Conrad (Svp Chief Hr Officer)	$258,179	$115,994	$55,551
Peter Lloyd (Officer/Vp Corporate Finance)	$253,958	$103,729	$21,482
Phillips Axten (Vp Cco & Assoc Genl Counsel)	$250,423	$112,509	$2,670
Michael Jellnick (Evp Lhs & Ceo Lhs Comm Netwrk)	$100,452	$245,934	$45,448
Lisa M Colombo (Svp Chief Nursing Officer)	$17,929	$340,631	$39,955
John A Libertino Md (Trustee/Physician/Department Chair)	$0	$851,691	$21,468
Roger L Jenkins Md (Trustee/Physician)	$0	$626,415	$31,483
Richard S D'agostino Md (Trustee/Physician/Department Chair)	$0	$639,523	$30,662
Andrew G Villanueva Md (Trustee/Cmo Lhmc/Physician)	$0	$408,781	$11,190
Betsey Crawford Md (Trustee/Physician)	$0	$221,260	$1,181
Arthur P Mourtzinos Md (Trustee/Physician)	$0	$522,864	$26,873
Rebecca C Yang Md (Trustee/Physician)	$0	$383,299	$32,166
Eric M Bailey (Trustee)	$0	$0	$0
See filing for compensation of 14 other people →

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990

Filed on Aug. 15, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Sept.
2014

Revenue

$10,467,663

Expenses

$8,913,383

Net Income

$1,554,280

Net Assets

$391,866,145

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,862,987	46.5%
Program Services	$0
Investment Income	$4,957,267	47.4%
Bond Proceeds	$51,031	0.5%
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$563,976	5.4%
Net Inventory Sales	$0
Other Revenue	$32,402	0.3%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$42,408	0.5%
Professional Fundraising Fees	$391,278	4.4%
Other Salaries and Wages	$4,590,927	51.5%

Assets/Debt
Total Assets	$1,118,347,920
Total Liabilities	$726,481,775
Net Assets	$391,866,145

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Howard R Grant Jd Md (Trustee/President/Ceo)	$1,469,642	$0	$273,518
Timothy O'connor (Officer/Treasurer/Evp/Cfo)	$726,158	$0	$162,517
Richard W Nesto Md (Trustee/Evp/Cmoo/Physician)	$697,155	$0	$98,424
Joseph C Corkery Md (Chief Inst. Adv. Officer)	$534,733	$0	$22,512
Gregory A Bazylewicz Md (Svp, Chief Netwk. Dev. Officer)	$495,640	$0	$23,207
David Spackman Jd (Clerk/Gen Counsel)	$438,488	$0	$44,803
Phillips Axten (Chief Compliance Officer & Assoc Genl Counsel)	$400,404	$0	$2,584
Kathleen S Jose (Chief Nursing Officer)	$400,391	$0	$0
Nelson R Gagnon (Vp. Information Services)	$381,347	$0	$423
Derek C Bellin (Svp, Institutional Adv. & Cmo)	$377,038	$0	$25,608
Peter Lloyd (Assistant Treasurer / Vp Finance)	$369,972	$0	$21,828
Joan M Robbio (Chief Human Resources Officer)	$351,507	$0	$7,321
Elizabeth P Conrad (Svp Chief Hr Officer)	$272,032	$0	$28,833
Lisa M Colombo (Svp Chief Nursing Officer)	$197,130	$0	$30,120
John A Libertino Md (Trustee/Chair Dept Of Urol)	$0	$826,585	$44,586
Roger L Jenkins Md (Trustee/Physician)	$0	$639,360	$31,908
Richard S D'agostino Md (Trustee/Chair Dept Cardio)	$0	$657,796	$31,088
Andrew G Villanueva Md (Trustee/Cmo Clinic/Physici)	$0	$393,396	$12,340
Betsey Crawford Md (Trustee/Physician)	$0	$213,972	$542
Arthur P Mourtzinos Md (Trustee/Physician)	$0	$510,958	$23,958
Rebecca C Yang Md (Trustee/Physician)	$0	$371,151	$24,441
Eric M Bailey (Trustee)	$0	$0	$0
Craig R Benson (Trustee)	$0	$0	$0
Ann Marie Connolly (Trustee/Board Chair)	$0	$0	$0
James D Irving (Trustee)	$0	$0	$0
See filing for compensation of 11 other people →

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990

Filed on Aug. 14, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Sept.
2013

Revenue

$24,292,344

Expenses

$6,665,275

Net Income

$17,627,069

Net Assets

$371,656,627

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,626,570	19.0%
Program Services	$0
Investment Income	$3,429,382	14.1%
Bond Proceeds	$50,301	0.2%
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$16,032,922	66.0%
Net Inventory Sales	$0
Other Revenue	$153,169	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$27,537	0.4%
Professional Fundraising Fees	$405,408	6.1%
Other Salaries and Wages	$3,166,280	47.5%

Assets/Debt
Total Assets	$851,356,383
Total Liabilities	$479,699,756
Net Assets	$371,656,627

990

Filed on Oct. 24, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Sept.
2012

Revenue

$5,970,051

Expenses

$5,055,864

Net Income

$914,187

Net Assets

$352,760,269

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,285,682	55.0%
Program Services	$0
Investment Income	$1,873,513	31.4%
Bond Proceeds	$50	0.0%
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$803,736	13.5%
Net Inventory Sales	$0
Other Revenue	$7,070	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$27,537	0.5%
Professional Fundraising Fees	$141,000	2.8%
Other Salaries and Wages	$2,258,637	44.7%

Assets/Debt
Total Assets	$685,716,006
Total Liabilities	$332,955,737
Net Assets	$352,760,269

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Sept.
2011

Revenue

$7,012,666

Expenses

$4,565,250

Net Income

$2,447,416

Net Assets

$322,601,685

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,768,044	39.5%
Program Services	$0
Investment Income	$3,681,299	52.5%
Bond Proceeds	$3,297	0.0%
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$551,892	7.9%
Net Inventory Sales	$0
Other Revenue	$8,134	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$425,580	9.3%
Professional Fundraising Fees	$28,666	0.6%
Other Salaries and Wages	$1,770,093	38.8%

Assets/Debt
Total Assets	$676,307,327
Total Liabilities	$353,705,642
Net Assets	$322,601,685

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

990-T

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
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Updated December 20, 2024

Lahey Clinic Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $14.5M (2023)

Expenses $2.54M (2023)

Total Assets $960M (2023)

Total Liabilities $474M (2023)

Tax Filings by Year

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Sept. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

990-T

Fiscal Year Ending Sept. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

990-T

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Revenue

$14.5M (2023)

Expenses

$2.54M (2023)

Total Assets

$960M (2023)

Total Liabilities

$474M (2023)

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004

Fiscal Year Ending Sept.
2003

Fiscal Year Ending Sept.
2002

Fiscal Year Ending Sept.
2001

Fiscal Year Ending Sept.
2000