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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Health Care Southcoast Hospitals Group Inc.

Southcoast Hospitals Group Inc.

Fiscal year ending 2022. Filed on August 15, 2023.

101 Page Street
New Bedford, Massachusetts 02740

Southcoast Hospitals Group Inc. (EIN: 22-2592333) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2022 IRS Form 990 filing, Southcoast Hospitals Group Inc., a 501(c)(3) charitable organization, reported compensation for 16 out of 6,718 total employees. Among the employees shown here, the average compensation is $792,467. The highest compensated employee at Southcoast Hospitals Group Inc. is Keith Hovan with fiscal year 2022 compensation of $2,418,356.

Revenue, expenses, and employee compensation

Revenue

$1,019,838,643

Expenses

$980,973,163

Employee compensation

$464,394,881
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Keith Hovan
President and CEO (Until 1/22)
$2,418,356
$2,073,393 No related comp$344,963
Rayford Kruger, M.D.
President and CEO (AS of 3/22)
$1,292,916
$0 $1,247,543 $45,373
Renee Clark
Evp/Coo (Shg)/ ASST Clerk
$1,235,542
$1,054,119 No related comp$181,423
Wade Broughman
Executive Vice President Fin/Cfo and Treasurer
$1,128,474
$1,093,794 No related comp$34,680
Michael Cofone
Senior Vice President Finance (Until 12/21)
$831,618
$737,705 No related comp$93,913
Stephen Canessa
Senior Vice President Chief Brand Strategy Offcr
$777,833
$654,570 No related comp$123,263
James Feen
Senior Vice President and Chief Information Officer
$746,453
$617,574 No related comp$128,879
Lauren Desimon Johnson
Senior Vice President CHRO
$662,129
$544,116 No related comp$118,013
Ilana Feinerman, M.D.
Trustee
$617,298
$0 $591,757 $25,541
Jaqueline Somerville
Svp/Cno
$599,016
$566,658 No related comp$32,358
Tonya Johnson
Vice President, Operations
$428,980
$390,936 No related comp$38,044
Ana Laus
Trustee (AS of 1/22)
$424,392
$0 $408,612 $15,780

Benchmark Employee Compensation

Non-Employee Board Members

Jay S Schachne, M.D.
Trustee
$7,210
$0 $6,802 $408
Salman Bashir, M.D.
Trustee
$1,100
$1,100 No related compNo other comp
Donald G Giumetti
Vice Chair
No compensation reported
Heidi A Kostin
Trustee
No compensation reported
W Hugh M Morton
Trustee
No compensation reported
James Jerome Coogan
Clerk
No compensation reported
Dennis J Fusco
Trustee
No compensation reported
Jason Rua
Trustee
No compensation reported
Louis Cabral
Chair
No compensation reported
Jonathan L Rounds
Trustee
No compensation reported
Christopher Hodgson
Trustee
No compensation reported
Elizabeth Huidekoper
Trustee
No compensation reported

Contractors

Suffolk Construction Company Inc.
Construction
$18,171,905
North American Partners IN Anesthes
Anesthesia
$6,127,420
Quest Diagnostics Inc.
Lab
$5,369,020
Cannon Cochran Management Service
Management
$5,134,297
Cross Country Staffing Inc.
Staffing
$4,660,108

Mission Statement

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)

Revisions to this organization profile

August 15, 2025:
2024 Southcoast Hospitals Group Inc. 990 filed
August 15, 2024:
2023 Southcoast Hospitals Group Inc. 990 filed
August 15, 2023:
2022 Southcoast Hospitals Group Inc. 990 filed

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