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Lahey Clinic Inc

Foundation · Grantmaker Charlestown, MA EIN: 04-2704683 Website

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Key facts about Lahey Clinic Inc

EIN
04-2704683
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$163,961
Grants made (2024)
8
Average grant
$20,495
Median grant
$18,000
Total assets
$312,521,997
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Lahey Clinic Inc funds

By grant dollars, the top recipient states for Lahey Clinic Inc's 8 itemized 2024 grants were Massachusetts (100%). The most frequent recipient cities were Peabody, MA (3 grants) and Boston, MA (2 grants). None of its 8 grants with a stated purpose were described as general or operating support.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$312.5M

+17.5% YoY

Annual Giving

$164K

+134.6% YoY

Grant Count

8

+166.7% YoY

Avg Grant Size

$20K

-12.0% YoY

About Lahey Clinic Inc

Based on IRS filings

Lahey Clinic Inc is a nonprofit organization focused on Health, based in Charlestown, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $312.5M in total assets. In 2024, it awarded 8 grants totaling $164K. Net investment income was $7.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 8 itemized 2024 grant dollars.

Cities

PeabodyBostonArlingtonAtlantaBloomingtonCharlestownMedfordWellesley

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$122M$243M$365M$487M20202021202220232024
Metric202420232022
Total Assets$312,521,997$265,897,725$239,661,515
Revenue$376,718,300$337,273,093$361,277,977
Expenses$442,571,119$412,489,983$411,373,162
Qualifying Distributions———
Net Investment Income$7,342,031$107,053$4,696,406
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$41K$82K$123K$164K0 grants20200 grants20210 grants20223 grants20238 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Peabody Education Foundation: $36KPeabody Education Foundation$36KBoston University: $30KBoston University$30KHousing Corporation of Arlington: $30KHousing Corporation ofArlington$30KTrustees of Tufts Collegetufts Univ: $21KTrustees of Tufts CollegetuftsUniv$21KNewhall Fields Community Farm: $15KNewhall Fields Community Farm$15KAmerican Heart Association: $15KAmerican Heart Association$15KSutton Residence for Women: $10KSutton Residence for Women$10KHarvard Pilgrim Healthcare Inc: $7KHarvard Pilgrim Healthcare Inc$7K

Grant Size Distribution

11 grants across all recorded years

11<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Peabody Education Foundation ($35,951), Boston University ($30,342), Housing Corporation of Arlington ($30,000).

RecipientPurposeAmount
PEABODY EDUCATION FOUNDATION Peabody, MACARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS$35,951
BOSTON UNIVERSITY Boston, MAMEDICAL RESEARCH$30,342
HOUSING CORPORATION OF ARLINGTON Arlington, MACARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS$30,000
TRUSTEES OF TUFTS COLLEGETUFTS UNIV Medford, MACARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS$21,000
NEWHALL FIELDS COMMUNITY FARM Peabody, MACARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS$15,000
AMERICAN HEART ASSOCIATION Wellesley, MACARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS$15,000
SUTTON RESIDENCE FOR WOMEN Peabody, MACARE ACCESS AND/OR TO ADDRESS OTHER IDENTIFIED COMMUNITY HEALTH NEEDS$10,000
HARVARD PILGRIM HEALTHCARE INC Boston, MAMEDICAL RESEARCH$6,668

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Whitmore MD Robert — Neurosurgeon: $1.4MWhitmore MD RobertNeurosurgeon$1.4MShekar MD Prem — Cardiothoracic Surgeon: $1.4MShekar MD PremCardiothoracic Surgeon$1.4MYew MD Andrew — Neurosurgeon: $1.1MYew MD AndrewNeurosurgeon$1.1MGhogawala MD Zoher — Neurosurgeon: $1.1MGhogawala MD ZoherNeurosurgeon$1.1MMagge MD Subu — Neurosurgeon: $953KMagge MD SubuNeurosurgeon$953KMarx MD Jeffrey L — FRMR Interim Chair, Dept of Medicine: $837KMarx MD Jeffrey LFRMR Interim Chair, Dept of…$837KMourtzinos MD Arthur P — Trustee; Urologist: $802KMourtzinos MD Arthur PTrustee; Urologist$802KCreighton MD Malcolm — Hosp Based Svcs & Emerg Med Chair: $666KCreighton MD MalcolmHosp Based Svcs & Emerg Med…$666KBrams MD David — Trustee (President, Medical Staff): $628KBrams MD DavidTrustee (President, Medical…$628KSorcini MD Andrea P — Trustee; Msa President and Urologist: $614KSorcini MD Andrea PTrustee; Msa President and…$614KHunter MD Alice a — Trustee; Orthopaedic Surgeon: $560KHunter MD Alice aTrustee; Orthopaedic Surgeon$560KRosenblatt MD Michael S — Former Cmo Hospital: $540KRosenblatt MD Michael SFormer Cmo Hospital$540KSrinivasan MD Jayashri — Trustee; Division Chair Neurology: $479KSrinivasan MD JayashriTrustee; Division Chair…$479KWinger MD Christine — Trustee, Physician: $477KWinger MD ChristineTrustee, Physician$477KAquino MD Patrick — Ttee; Lci Division Chair, Psychiatry: $426KAquino MD PatrickTtee; Lci Division Chair…$426KCrawford MD Betsey — Ttee; Physician, Internal Medicine: $251KCrawford MD BetseyTtee; Physician, Internal…$251KD'Agostino MD Richard S — Trustee, Physician: $63KD'Agostino MD Richard STrustee, Physician$63K

From 2024 IRS filing

NameTitleHoursCompensation
Tabb MD KevinTtee & CEO (Ex-Off) (CEO, Bilh)1—
Shorett PeterTtee (Sr Executive VP & COO, Bilh)1—
Moffatt-Bruce MD PHD SusanPresident & Trustee1—
Mosenthal MD AnneTrustee; Chief Academic Officer1—
Mourtzinos MD Arthur PTrustee; Urologist55$802,422
Brams MD DavidTrustee (President, Medical Staff)55$627,872
Sorcini MD Andrea PTrustee; Msa President and Urologist55$613,804
Hunter MD Alice aTrustee; Orthopaedic Surgeon55$559,737
Srinivasan MD JayashriTrustee; Division Chair Neurology55$479,202
Winger MD ChristineTrustee, Physician55$476,807
Aquino MD PatrickTtee; Lci Division Chair, Psychiatry55$425,505
Crawford MD BetseyTtee; Physician, Internal Medicine55$251,035
D'Agostino MD Richard STrustee, Physician55$63,460
Edmonds Jane CTrustee & Chair1—
Alexander PaulTrustee1—
Decoste PamelaTrustee1—
Fink JohannaTrustee1—
Ho WilliamTrustee1—
Lafreniere LawrenceTrustee1—
McArdle JoanTrustee1—
Nordblom Peter CTrustee1—
Ponte Patricia ReidTrustee1—
Reynolds MaryTrustee1—
Robins ShannonTrustee1—
Schmergel GregTrustee1—
Rios CindyTreas (Executive VP & CFO, Bilh)1—
Katz Esq JamieClerk; General Counsel, Bilh1—
Connelly CPA Mba MichaelAsst Treas & Chief Financial Officer1—
Taberner MikaelaAsst Clerk (Assoc GC, Bilh)1—
Stain MD StevenChair, Surgery Department1—
Johnson MD Ms Facp ElizabethPres, Bilh Primary Care Network1—
Liesching MD TimothySr. VP and Chief Medical Officer1—
Creighton MD MalcolmHosp Based Svcs & Emerg Med Chair55$665,572
Keitz MD SheriChair of Department of Medicine1—
Baciarelli Renato ValInterim SVP, COO1—
Lew JohnVP, Human Resources Business Partner1—
Robinson MPH Mba JasonVP Hospital Svcs & Academic Affairs1—
Bowen-Benitich Mba BrigitteVP Surgical Services1—
Senarian EmilyVP Med Svcs & Ambulatory Performance1—
Cantrell PaulVP, Planning, Design, & Construction1—
Shekar MD PremCardiothoracic Surgeon55$1,350,967
Whitmore MD RobertNeurosurgeon55$1,364,173
Ghogawala MD ZoherNeurosurgeon55$1,108,428
Yew MD AndrewNeurosurgeon55$1,117,884
Magge MD SubuNeurosurgeon55$953,435
Bennett KevinFRMR Asst Treas (Ex-Off) & CFO——
Longworth MD DavidFRMR Ttee (Ex-Off) & Pres——
Marx MD Jeffrey LFRMR Interim Chair, Dept of Medicine—$837,301
Rosenblatt MD Michael SFormer Cmo Hospital—$540,334

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Lahey Clinic Inc?

Lahey Clinic Inc is a nonprofit organization focused on Health, based in Charlestown, MA. It holds $312.5M in total assets as of 2024.

How large is Lahey Clinic Inc?

As of 2024, Lahey Clinic Inc holds $312.5M in total assets with $376.7M in annual revenue. It awarded 8 grants totaling $164K in 2024.

Where does Lahey Clinic Inc operate?

Lahey Clinic Inc has awarded grants in Georgia, Indiana, Massachusetts.

What size grants does Lahey Clinic Inc award?

In 2024, Lahey Clinic Inc awarded 8 grants totaling $164K — an average of about $20K per grant, based on its IRS Form 990 filings.

What is Lahey Clinic Inc's EIN?

Lahey Clinic Inc's EIN (Employer Identification Number) is 04-2704683. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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