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Organizations Health Care Southcoast Hospitals Group Inc.

Southcoast Hospitals Group Inc.

Fiscal year ending 2023. Filed on August 15, 2024.

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 2023 IRS Form 990 filing, Southcoast Hospitals Group Inc., a 501(c)(3) charitable organization, reported compensation for 17 out of 6,556 total employees. Among the employees shown here, the average compensation is $907,583. The highest compensated employee at Southcoast Hospitals Group Inc. is Keith Hovan with fiscal year 2023 compensation of $4,500,160.

Revenue, expenses, and employee compensation

Revenue

$1,121,349,892

Expenses

$1,034,147,962

Employee compensation

$473,008,584
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Keith Hovan
Former President and CEO
$4,500,160
$4,459,953 No related comp$40,207
Rayford S Kruger, M.D.
President and Chief Executive Officer
$1,992,480
$1,176,752 $576,097 $239,631
Renee Clark
Evp/Coo (Shg)/ ASST Clerk
$1,172,367
$1,020,008 No related comp$152,359
Wade Broughman
Executive Vice President Fin/Cfo and Treasurer
$1,063,487
$1,027,327 No related comp$36,160
Stephen Canessa
Senior Vice President Chief Brand Strategy Offcr
$730,303
$619,738 No related comp$110,565
Ilana Feinerman, M.D.
Trustee
$705,867
$0 $666,673 $39,194
James Feen
Senior Vice President and Chief Information Officer
$700,505
$585,138 No related comp$115,367
Lauren Desimon Johnson
Senior Vice President CHRO
$680,124
$572,705 No related comp$107,419
Jaqueline Somerville
Svp/Cno
$592,965
$546,660 No related comp$46,305
Mark Cale
CFO SHG and Senior Vice President Finance SHS
$530,644
$509,298 No related comp$21,346
Ana Laus
Trustee (Until 12/2022)
$464,762
$0 $446,403 $18,359
Stephen Pires
Senior Vice President Insurance and RISK MGMT
$463,395
$427,235 No related comp$36,160

Benchmark Employee Compensation

Non-Employee Board Members

Robert Ronan, M.D.
Trustee (AS of 1/23)
$27,900
$27,900 No related compNo other comp
Salman Bashir, M.D.
Trustee
$5,138
$5,138 No related compNo other comp
Elizabeth Huidekoper
Trustee
No compensation reported
Jason Rua
Trustee
No compensation reported
Carmen F Sylvester
VICE Chair (AS of 1/23)
No compensation reported
Donald G Giumetti
VICE Chair(12/22)/Chair(1/23)
No compensation reported
Jonathan L Rounds
Trustee
No compensation reported
Jay S Schachne, M.D.
Trustee
No compensation reported
Helena Dasilva Hughes
Trustee
No compensation reported
Christopher Hodgson
Trustee
No compensation reported
Louis Cabral
Chair(Until 12/22)Trustee(1/23
No compensation reported
Dennis J Fusco
Trustee
No compensation reported

Contractors

Maxim Staffing Solutions
Staffing
$9,716,546
Cross Country Staffing
Staffing
$9,616,165
Suffolk Construction Company Inc.
Construction
$9,584,344
Wynden Stark LLC
Staffing
$5,725,608
Robinson Cole LLP
Legal
$4,413,119

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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