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Melrosewakefield Healthcare Parent Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 042103587 ✦ Medford, MA ✦ Designated as a 501(c)(3)

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Overview

What is Melrosewakefield Healthcare Parent Corporation?

Melrosewakefield Healthcare Parent Corporation is a nonprofit organization based in Medford, Massachusetts, with a specific focus on supporting the advancement of medical knowledge and practices. They primarily devote their resources to benefit MelroseWakefield Healthcare, Inc., a hospital, and its related organizations. Their charitable, scientific, or educational activities are aimed at addressing the physical and mental needs of the surrounding communities. Through various programs and services, they contribute to the betterment of healthcare, improving the overall well-being of individuals in their vicinity. The organization employs a workforce of 13 individuals who are dedicated to this mission.


Official website here: www.melrosewakefield.org

Is Melrosewakefield Healthcare Parent Corporation legitimate?

Melrosewakefield Healthcare Parent Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Melrosewakefield Healthcare Parent Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $270,338

For more financial information, click here


Official website here: www.melrosewakefield.org

What is the mission statement of Melrosewakefield Healthcare Parent Corporation?

Melrosewakefield Healthcare Parent Corporation's mission is centered around developing, sponsoring, and promoting charitable, scientific, or educational programs solely for the benefit of Melrosewakefield Healthcare Inc. and its related organizations. The primary goal is to support the advancement of medical knowledge and practice, addressing the physical and mental needs of surrounding communities. These programs aim to improve the care, treatment, and healing of individuals, contributing to the betterment of health and well-being.


Official website here: www.melrosewakefield.org

Who is the CEO of Melrosewakefield Healthcare Parent Corporation?

Kelly Corbi is the President/Director of Melrosewakefield Healthcare Parent Corporation. The CEO's salary of Melrosewakefield Healthcare Parent Corporation is $0 and their total compensation is $325,000.


Official website here: www.melrosewakefield.org

What is the revenue of Melrosewakefield Healthcare Parent Corporation?

Melrosewakefield Healthcare Parent Corporation's revenue in 2022 was $2,290,391.


Official website here: www.melrosewakefield.org

Who are the executives of Melrosewakefield Healthcare Parent Corporation and what are their salaries?

The average compensation at Melrosewakefield Healthcare Parent Corporation during 2022 was $20,795. There are 13 employees and 15 volunteers at Melrosewakefield Healthcare Parent Corporation.


Here are 35 key members and their salaries (Melrosewakefield Healthcare Parent Corporation's CEO's salary is $0 and their total compensation is $325,000):


Tara Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Campbell (Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert L Swanson Jr (Clerk/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Keenan (Director (Until Jan. 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
James Herrington (Vice Chair/Director (Until Mar. 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Glasser (Director (Until Mar. 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Bardaro (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurence Conway Md (Director)
  • Compensation: $0
  • Related: $385,326
  • Other: $3,884
Mehreen Butt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Graf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Freed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Pennacchio Md (Director)
  • Compensation: $0
  • Related: $466,182
  • Other: $29,642
Michael Dandorph (Director)
  • Compensation: $0
  • Related: $1,905,698
  • Other: $260,012
Gail Infurna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Lembo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pamela Whelton (Interim Pres. & Ceo (Until 3/31/22))
  • Compensation: $0
  • Related: $325,000
  • Other: $0
Maurice M Edouard-Vincent (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Jeong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Doherty Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andras Sandor Md (Director)
  • Compensation: $0
  • Related: $464,108
  • Other: $48,463
Bindiya Thakkar Md (Director)
  • Compensation: $0
  • Related: $420,595
  • Other: $47,293
Kelly Corbi (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles R Whipple Esq (Assistant Sec./General Counsel)
  • Compensation: $381,654
  • Related: $0
  • Other: $42,882
Lisa Russell (Assistant Clerk (Until June 2022))
  • Compensation: $0
  • Related: $75,084
  • Other: $11,591
William Wyman (Assistant Treasurer)
  • Compensation: $0
  • Related: $509,944
  • Other: $20,328
Donna Sandler (Assistant Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Sbardella (Vp, Medical Affairs & Cmo)
  • Compensation: $652,345
  • Related: $0
  • Other: $425
Deborah Cronin-Waelde (System V.P./Cno (Until 12/26/21))
  • Compensation: $433,088
  • Related: $0
  • Other: $7,326
Carol A Beison (Executive Director Pho)
  • Compensation: $361,189
  • Related: $0
  • Other: $10,009
Ryan Fuller (Vp Business Development)
  • Compensation: $339,461
  • Related: $0
  • Other: $4,687
Nancy Bittner (Vp, Education)
  • Compensation: $261,997
  • Related: $0
  • Other: $27,788
Michael Newman (President/Cmo, Hhma)
  • Compensation: $501,977
  • Related: $440,327
  • Other: $94,949
Cheryl Warren (Vp, Clinical Support Services)
  • Compensation: $154,338
  • Related: $0
  • Other: $22,503
Susan M Sandberg (Former President/Ceo)
  • Compensation: $668,588
  • Related: $0
  • Other: $21,341
Michael P Connelly (Former Asst Treas/Exec Vp/Cfo)
  • Compensation: $338,218
  • Related: $0
  • Other: $0


Official website here: www.melrosewakefield.org

Where can I find the form 990 for Melrosewakefield Healthcare Parent Corporation?

Melrosewakefield Healthcare Parent Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.melrosewakefield.org

Learn more at the official website: www.melrosewakefield.org

Mission Statement of Melrosewakefield Healthcare Parent Corporation

MelroseWakefield Healthcare Parent Corporation's mission is centered around supporting and promoting charitable, scientific, and educational programs for the betterment of MelroseWakefield Healthcare, Inc. (the hospital) and its related organizations. This nonprofit corporation has dedicated its efforts towards advancing the knowledge and practice of medicine, surgery, nursing, and other related fields that contribute to the care, treatment, and healing of individuals. To accomplish this, MelroseWakefield Healthcare Parent Corporation develops, sponsors, and promotes services and programs specifically for the benefit of the hospital and its related organizations. These initiatives aim to address the physical and mental needs of the surrounding communities. By doing so, the corporation contributes significantly to the well-being of its community, enhancing the overall healthcare system.

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Impact




October, 2024

Melrosewakefield Healthcare Parent Corporation significantly enhances community health and wellness through its focused initiatives on developing, sponsoring, and promoting services and programs tailored for Melrosewakefield Healthcare and its affiliated organizations. By addressing both physical and mental health needs, the corporation plays a vital role in advancing medical knowledge and practice.

The corporation's activities are largely centered on charitable, scientific, and educational programs that empower healthcare professionals and enrich patient care. This commitment not only fosters advancements in medicine, surgery, nursing, and related fields but also ensures that the surrounding communities benefit from improved healthcare services. Through these initiatives, Melrosewakefield Healthcare Parent Corporation strengthens the overall health infrastructure in Medford, MA, and enhances the quality of life for individuals in the region.




This information is meant to be a general summary of Melrosewakefield Healthcare Parent Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,290,391 (2022)
Expenses
$2,277,053 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,290,391
  • Gross Receipts: $2,290,391

Assets and Liabilities:

  • Total Assets: $4,729,910
  • Total Liabilities: $3,652,864
  • Net Assets: $1,077,046

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RELATED EXEMPT SUBS RENTAL INCOME

Revenue

$1,965,047

PHO & OTHER HC PROVIDERS RENTAL

Revenue

$300,792

FUND DEVELOPMENT RENTAL INCOME

Revenue

$24,552

Organization Details

Founding Year

1921

Principal Officer

Kelly Corbi

Main Address

170 GOVERNORS AVENUE, MEDFORD, MA, 02155

NTEE Category

Code: E20 - Health

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