Public Charity

SOUTHCOAST HOSPITALS GROUP INC

SOUTHCOAST HOSPITALS GROUP INC, of NEW BEDFORD, MA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.2B in revenue, $1.1B in expenses, $1.2B in total assets. 21 publicly reported grants to this organization, totaling roughly $341K, appear in IRS filings.

EIN: 222592333 NEW BEDFORD, MA Latest filing: 2024
Total Revenue$1.2B
Total Expenses$1.1B
Total Assets$1.2B
Grant Records21
Funding Total$341K
Filing Years2020–2024

Mission

TO PROMOTE THE OPTIMAL HEALTH AND WELL-BEING OF THE INDIVIDUALS AND FAMILIES IN THE COMMUNITIES SERVED BY SOUTHCOAST HOSPITALS GROUP (SHG). (SEE SCHEDULE O)

Officers & Directors

VICE CHAIR Carmen F Sylvester
VP ORG CAPTLY AND TALENT MANAGEMENT Charles E Cusson Jr
TRUSTEE, CLERK (AS OF 1/1/2024) Christopher Hodgson
EX-OFFICIO, PRES & CEO (FROM 1/24) David Mccready
TRUSTEE Dennis Fusco
CHAIR Donald G Giumetti

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$108,200 8 grants
GENERAL OPERATIONS
$80,000 1 grant
COVID-19 GRANT
$45,750 2 grants
HEALTH
$30,250 3 grants
HUMAN SERVICES
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.2B $1.1B $1.2B
2023 $1.1B $1.0B $1.0B
2022 $1.0B $981.0M $991.2M
2021 $959.6M $889.3M $1.3B
2020 $936.8M $839.0M $1.2B

Between 2020 and 2024, reported annual revenue grew from $936.8M to $1.2B (+29%), with total assets most recently reported at $1.2B.

Interactive year-over-year charts and full filing details available with membership.

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