Mass General Brigham Incorporated

Organization Overview

Mass General Brigham Incorporated is located in Boston, MA. The organization was established in 2010. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2018, Mass General Brigham Incorporated employed 2,109 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Mass General Brigham Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2018, Mass General Brigham Incorporated generated $299.7m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $292.1m during the year ending 09/2018. While expenses have increased by 3.9% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2018

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
John R Fernandez
President
$1,143,642
Wycliffe Grousbeck
Chair
$0
Jonathan Uhrig
Treasurer
$0
Dewalt Pete Ankeny
Director
$0
James Carlisle
Director
$0
Charles DE Gunzberg
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fish And Richardson Pc
Legal
$744,120
Bond Brothers Inc
Construction
$1,061,976
Medical Record Associates Inc
Medical Records
$681,084
Kpmg Llp
Consulting
$640,619
Pricewaterhousecoopers Llp
Audit And Tax
$636,125
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$21,043,746
Government grants $18,617,830
All other contributions, gifts, grants, and similar amounts not included above$7,683,701
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$47,345,277
Total Program Service Revenue$243,229,424
Investment income $147,863
Tax Exempt Bond Proceeds $0
Royalties $4,417,495
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,581,517
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $299,721,576

Grants Awarded

Over the last fiscal year, Mass General Brigham Incorporated has awarded $19,250,764 in support to 27 organizations.

Grant RecipientAmount

BIONIC EYE TECHNOLOGIES INC

PURPOSE: Basic Research

$1,106,959

BOSTON CHILDREN'S HOSPITAL

PURPOSE: Basic Research

$82,588

BRIGHAM & WOMEN'S HOSPITAL

PURPOSE: Basic Research

$309,529

CASE WESTERN RESERVE UNIVERSITY

PURPOSE: Basic Research

$106,924

CHARLES STARK DRAPER LABORATORY

PURPOSE: Basic Research

$36,131

DUKE UNIVERSITY

PURPOSE: Basic Research

$30,130
View Grant Profile

Peer Organizations

Organization NameAssets
Bon Secours Charity Health System Affiliated Group
Suffern, NY
$636,407,693
Hartford Health Care Corporation
Hartford, CT
$551,640,424
Centerlight Healthcare Inc
Flushing, NY
$646,590,314
Wyckoff Heights Medical Center
Brooklyn, NY
$408,547,999
Albany Med Health System
Glens Falls, NY
$346,451,670
Cha General Services Inc
Malden, MA
$333,237,018
Episcopal Health Services Inc
Garden City, NY
$354,609,008
Albany Med Health System
Saratoga Springs, NY
$338,787,899
Mass General Brigham Incorporated
Boston, MA
$299,721,576
Mass General Brigham Incorporated
Somerville, MA
$338,432,149
Albany Med Health System
Albany, NY
$249,647,567
Trinity Health Of New England Corporation Inc
Hartford, CT
$230,952,220
Nuvance Health Medical Practice Pc
Poughkeepsie, NY
$225,713,088
True North Medical Group Pc
Westbury, NY
$161,443,844
Hartford Healthcare Medical Group Inc
Wethersfield, CT
$199,111,717
Baystate Administrative Services Inc
Springfield, MA
$176,813,133
Care New England Health System
Providence, RI
$189,328,753
St Peters Health Partners
Albany, NY
$180,469,162
Columbia Memorial Hospital
Hudson, NY
$162,818,164
Medical Care Of Boston Management Corporation
Needham, MA
$103,570,844
Mass General Brigham Incorporated
Boston, MA
$129,616,534
Cape Cod Healthcare Inc
Hyannis, MA
$136,489,603
Archcare
New York, NY
$98,443,183
Coastal Medical Physicians Inc
Providence, RI
$76,308,215
Community Health Network Of Connecticut Inc
Wallingford, CT
$75,492,163

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