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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 Ventures Inc.

Southcoast Ventures Inc.

Fiscal year ending 2022. Filed on July 28, 2023.

101 Page Street
New Bedford, Massachusetts 02740

Southcoast Ventures Inc. (EIN: 04-3003172) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2022 IRS Form 990 filing, Southcoast Ventures Inc., a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $1,075,405. The highest compensated employee at Southcoast Ventures Inc. is Keith Hovan with fiscal year 2022 compensation of $2,418,356.

Revenue, expenses, and employee compensation

Revenue

$183,458

Expenses

$69,724

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Keith Hovan
Ex-Officio(Until 12/21)/ President/Ceo(Until 1/22)
$2,418,356
$0 $2,073,393 $344,963
Rayford Kruger, M.D.
President and CEO (AS of 3/22)
$1,292,916
$0 $1,247,543 $45,373
Renee Clark
ASST Clerk/ Executive Vice President and COO SHG
$1,235,542
$0 $1,054,119 $181,423
Wade Broughman
Treasurer/ Executive Vice President and CFO SHG
$1,128,474
$0 $1,093,794 $34,680
Ilana Feinerman, M.D.
Trustee
$617,298
$0 $591,757 $25,541
Ana Laus
Trustee (AS of 1/22)
$424,393
$0 $408,613 $15,780
James Witkowski, M.D.
Trustee (Until 12/21)
$410,853
$0 $363,990 $46,863

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
$0 $1,100 No other comp
Elizabeth Huidekoper
Trustee
No compensation reported
Dennis Fusco
Trustee
No compensation reported
Jonathan L Rounds
Trustee
No compensation reported
Carmen Sylvester
Trustee
No compensation reported
Christopher Hodgson
Trustee
No compensation reported
Heidi Kostin
Trustee
No compensation reported
Louis Cabral
Chair
No compensation reported
Jason Rua
Trustee
No compensation reported
W Hugh Morton
Trustee
No compensation reported
Helena Dasilva Hughes
Trustee
No compensation reported

Mission Statement

SOUTHCOAST VENTURES PARTICIPATES IN PROGRAMS THAT PROVIDE FOR THE IMPROVEMENT OF ACCESS TO HEALTHCARE SERVICES WITHIN THE COMMUNITIES SERVED BY SOUTHCOAST HOSPITALS GROUP, INC. AND ITS AFFILIATED CORPORATIONS THAT ARE EXEMPT FROM FEDERAL INCOME TAX, INCLUDING IDENTIFYING AREAS OF PHYSICIAN SHORTAGES, PROVIDING SUPPORT FOR THE RECRUITMENT OF PHYSICIANS TO AREAS WHERE THERE IS A COMMUNITY NEED AND PROVIDING PRACTICE SUPPORT.

Revisions to this organization profile

August 6, 2025:
2024 Southcoast Ventures Inc. 990 filed
August 2, 2024:
2023 Southcoast Ventures Inc. 990 filed
July 28, 2023:
2022 Southcoast Ventures Inc. 990 filed

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