EIN 04-3314093

Boston Medical Center Corporation (BMC)

IRS 501(c) type
501(c)(3)
Num. employees
11,396
City
Year formed
1996
Most recent tax filings
2022-09-01
NTEE code, primary
Description
Boston Medical Center is committed to providing exceptional care, without exception. We promise to provide consistently excellent and accessible health services to all in need of care regardless of status and ability to pay.
Also known as...
Boston Medical Center
Total revenues
$2,141,060,598
2022
Total expenses
$2,128,452,782
2022
Total assets
$2,456,189,580
2022
Num. employees
11,396
2022

Program areas at BMC

The statute that authorized the creation of Boston Medical Center requires it to serve all populations. Bmc is a private, not-for-profit, 514-licensed bed, urban academic Medical Center which emphasizes community-based, accessible care and the mission to provide consistently accessible health services to all in need of care regardless of status and ability to pay. Bmc is the largest safety net hospital in new england and provides a full spectrum of pediatric and adult care services from primary to family medicine to advanced specialty care. Boston Medical Center is dedicated to providing accessible health care. Nearly 75 percent of our patients come from underserved populations, such as the low-income and elderly, who rely on government payers such as medicaid, the health safety net, and medicare for their coverage; 27 percent do not speak english as a primary language. To address the health needs of diverse patient populations, bmc provides a wide range of services beyond the traditional Medical model. These programs, including patient navigation and a food pantry, help to reduce barriers to access to health services and eliminate disparities in health care among various populations that bmc serves.
Boston Medical Center provides research support to foreign organizations.
Boston Medical Center provides research support to organizations within the us.

Grants made by BMC

GranteeGrant descriptionAmount
Trustees of Boston UniversitySubaward$5,508,578
Western Massachusetts Training ConsortiumSubaward$1,442,507
Bay Cove Human ServicesSubaward$1,235,804
...and 89 more grants made totalling $24,233,049

Who funds Boston Medical Center Corporation (BMC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$4,798,300
Trustees of Boston UniversityResearch$2,302,283
The JPB FoundationEarly Identification of Rising Risk Families and Parent-Guided Team-Based Care To Prevent and Mitigate Toxic Stress$2,075,000
...and 108 more grants received totalling $30,210,111

Personnel at BMC

NameTitleCompensation
Kathleen E WalshPresident and Chief Executive Officer$2,235,565
William CreevyPresident and Chief Executive Officer of the Faculty Practice Foundation
Alastair BellExecutive Vice President , Strategy and Chief Operating Officer / Senior Vice President Operations and Strategy and Chief Operating Officer / Senior Vice President Operations and Strtgy and Chief Operating Officer$1,320,299
Terri NewsomSenior Vice President and Chief Financial Officer and Treasurer$289,055
Ravin DavidoffSenior Vice President and Chief Medical Officer / Senior Vice President Medical Affairs and Chief Marketing Officer$816,858
...and 10 more key personnel

Financials for BMC

RevenuesFYE 09/2022
Total grants, contributions, etc.$65,960,590
Program services$1,952,312,192
Investment income and dividends$13,834,966
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$1,912,784
Net gain from sale of non-inventory assets$93,259,933
Net income from fundraising events$-398,166
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$14,178,299
Total revenues$2,141,060,598

Form 990s for BMC

Fiscal year endingDate received by IRSFormPDF link
2022-092023-08-15990View PDF
2021-092022-08-12990View PDF
2020-092021-09-03990View PDF
2019-092020-10-22990View PDF
2018-092020-07-01990View PDF
...and 10 more Form 990s

Organizations like BMC

OrganizationLocationRevenue
Monument Health Rapid City HospitalRapid City, SD$927,255,627
Hartford HospitalHartford, CT$2,318,411,620
Ochsner Medical CenterNew Orleans, LA$4,902,026,766
Maimonides Medical CenterBrooklyn, NY$1,327,224,906
Montefiore Medical CenterBronx, NY$4,245,441,819
Huntington HealthPasadena, CA$894,837,558
MaineHealth (MMC)Portland, ME$3,440,262,667
Kent HospitalProvidence, RI$601,092,922
Greenwich HospitalGreenwich, CT$547,200,272
Greater Baltimore Medical Center (GBMC)Baltimore, MD$611,564,381
Data update history
August 19, 2023
Received grants
Identified 93 new grant, including a grant for $2,302,283 from Trustees of Boston University
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 13, 2023
Used new vendors
Identified 15 new vendors, including , , , , , , , , , , , , , , and
May 6, 2023
Updated personnel
Identified 12 new personnel
May 6, 2023
Used new vendors
Identified 3 new vendors, including , , and
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donations
General information
Address
1 Boston Medical Pl
Boston, MA 02118
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
bmc.org/ 
Phone
(617) 638-8000
Facebook page
BostonMedicalCenter 
Twitter profile
@the_bmc 
IRS details
EIN
04-3314093
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1996
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E22: Hospital, General
NAICS code, primary
622: Hospitals
Parent/child status
Central organization
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