Southcoast Hospitals Group Inc logo

Southcoast Hospitals Group Inc

Public charity · Grantmaker New Bedford, MA EIN: 22-2592333 Website

Southcoast Hospitals Group Inc is a public charity based in New Bedford, Massachusetts. It supports health care and community well-being in the communities served by Southcoast; its 2025 filing describes extensive inpatient, outpatient, emergency, and other health services.

Key facts about Southcoast Hospitals Group Inc

In short: Southcoast Hospitals Group Inc gave $381K across 25 grants in 2025 (avg $15K), mostly in Massachusetts. Source: 2025 IRS Form 990.

EIN
22-2592333
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$381,167
Grants made (2025)
25
Average grant
$15,247
Median grant
$11,393
Total assets
$1,240,071,776
Primary geography
Massachusetts (86% of itemized 2025 grant dollars)
How to apply
The Healthy Community Fund’s stated process is to submit a Letter of Interest; selected applicants are invited to submit a Request for Proposal. Full details ↓
Deadline
September 28, 2026, for the listed Letter of Interest cycle.

Data from IRS Form 990, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.2B

+7.0% YoY

Annual Giving

$381K

+48.0% YoY

Grant Count

25

+47.1% YoY

Avg Grant Size

$15K

+0.6% YoY

How Southcoast Hospitals Group Inc gives

  • 28% of 2025 grantees were also funded in 2024. Method
  • Giving grew 64% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The organization’s stated mission is “to promote the optimal health and well-being of the individuals and families in the communities served by Southcoast Hospitals Group.” Its filing says endowment funds are intended to support its tax-exempt purpose of providing quality health care services in its service area.

The Healthy Community Fund, a partnership between Southcoast Health and United Way of Greater New Bedford, funds local health and wellness efforts. Its stated focus areas include socioeconomic factors, housing, the built environment, food access and security, access to care, behavioral health, chronic disease, maternal and child health, and overall health.

Grantees’ own descriptions illustrate the range of work represented among 2025 recipients. The Marion Institute says it engages individuals and communities in an integrative approach to whole-body health. Coastal Foodshed describes its work connecting local growers and consumers and improving access to healthy local food. Elephant Circle says it works toward a world in which people have support throughout the perinatal period. Other recipients include organizations whose stated missions involve local economic development, youth programs, violence prevention, language and career education, and community mobilization.

Grantmaking

In 2025, the filing reports 25 grants totaling $381,167. Grants ranged from $5,250 to $42,500, with a median of $11,393. The largest awards included:

Grant Range

is $10,000–$25,000.

Review Cycle

September 28, 2026, for the listed Letter of Interest cycle.

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Geographic Focus

Where this funder awards grants

The organization’s stated service area includes southeastern Massachusetts and Rhode Island. The Healthy Community Fund information specifies that programs must benefit Southcoast Health and/or United Way of Greater New Bedford service areas in southeastern Massachusetts. In 2025, 86% of grant dollars went to recipients in Massachusetts, 8% to Rhode Island, and 7% to Colorado, as reported in the filing.

Grant Distribution by State

3states

Share of 2025 grant dollars across all 25 itemized grants.

Cities

New BedfordFall RiverBostonWarehamMarionDartmouthMattapoisettBrocktonPortsmouthDightonEast FreetownFairhavenLakevilleMiddletownNeedhamNewportNorth DartmouthPalisadeRochesterShrewsbury

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M8 grants2019 15 grants2020 3 grants2021 19 grants2022 13 grants2023 17 grants2024 25 grants2025

From 2019 to 2025, annual grant giving ranged from $38K (2021) to $861K (2020). In 2025 it made 25 grants totaling $381K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

The Marion Institute: $43KThe Marion Institute$43KYWCA Southeastern Massachusetts: $30KYWCA SoutheasternMassachusetts$30KElephant Circle: $25KElephant Circle$25KCoastal Foodshed Inc: $25KCoastal Foodshed Inc$25KPositive Action Against Chemical Add: $25KPositive Action AgainstChemical Add$25KTown of Lakeville: $24KTown of Lakeville$24KOne Southcoast Chamber: $21KOne Southcoast Chamber$21KTown of Middletown: $20KTown of Middletown$20KFall River Public Schools: $20KFall River Public Schools$20KDennison Memorial Community Center Inc: $15KDennison Memorial CommunityCenter Inc$15K

The largest 2025 recipient was The Marion Institute ($43K). Together the top 10 received $248K.

Grant Size Distribution

77 grants across all recorded years

75<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 75 grants of 77 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
The Marion Institute Marion, MACommunity Outreach and Support Services$42,500
YWCA Southeastern Massachusetts New Bedford, MASupport Services$30,000
Elephant Circle Palisade, COSupport Services$25,000
Coastal Foodshed Inc New Bedford, MASupport Services$25,000
Positive Action Against Chemical Add New Bedford, MACommunity Outreach and Support Services$25,000
Town of Lakeville Lakeville, MACommunity Outreach$23,868
One Southcoast Chamber New Bedford, MACommunity Outreach and Support Services$21,355
Town of Middletown Middletown, RICommunity Outreach$20,000
Fall River Public Schools Fall River, MACommunity Outreach$20,000
Dennison Memorial Community Center Inc New Bedford, MACommunity Outreach and Support Services$15,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $1,240,071,776 $1,381,528,208 $1,285,336,650 $381,167 (25)
2024 $1,158,657,361 $1,203,785,146 $1,109,586,238 $257,580 (17)
2023 $1,044,672,844 $1,121,349,892 $1,034,147,962 $173,354 (13)
Revenue
Expenses
Net Investment Income
$0$500M$1B$1.5B$2B2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,240,071,776$1,158,657,361$1,044,672,844
Revenue$1,381,528,208$1,203,785,146$1,121,349,892
Expenses$1,285,336,650$1,109,586,238$1,034,147,962
Net Investment Income$20,007,200$15,109,721$6,959,286

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 16, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS August 15, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS August 15, 2025)
  5. Added Form 990 for fiscal year 2019 (received by the IRS August 17, 2020)
  6. Updated Form 990 for fiscal year 2023 (received by the IRS August 15, 2024)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 17, 2026)
  8. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists David McCready as ex-officio president and CEO; Donald Giumetti as chair; and Carmen F. Sylvester as vice chair. Listed trustees include Ilana Feinerman, MD; Anil Shukla, MD (as of January 2025); Salman Bashir, MD; Dennis Fusco; and Elizabeth Huidekoper. John Mungovan, MD, is listed as a trustee until December 2024, and Christopher Hodgson as trustee and clerk until December 2024.

Southcoast Hospitals Group Inc is led by Keith Hovan, Former President & CEO since 2023 (on filings since 2019); 19 of 32 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Keith Hovan

    Former President & CEO

    President, CEO & Ex-Officio → President & CEO, 2020

    President & CEO → Former President & CEO, 2023

    On filings since 2019

    $2.4M (2019) → $115K (2025)

  • Rayford S. Kruger MD

    Former President & CEO

    President & CEO → Former President & CEO, 2025

    On filings since 2022

    $1.2M (2023) → $1.3M (2025)

  • David McCready

    Ex-Officio, President & CEO

    On filings since 2024

    17.5 hrs/week

    $317K (2024) → $1.6M (2025)

  • Matthew Shaw

    Executive Director - Chief Info Security Officer

    New on the 2025 filing

    60 hrs/week

    $338K (2025)

  • Donald G. Giumetti

    Chair

    Vice Chair → Vice Chair & Chair, 2023

    Vice Chair & Chair → Chair, 2024

    On filings since 2019

    2.5 hrs/week

    No compensation reported

  • Salman Bashir MD

    Trustee

    On filings since 2019

    2.5 hrs/week

    $16K (2019) → $7K (2025)

  • John Mungovan MD

    Trustee

    On filings since 2024

    12.5 hrs/week

    $144K (2024) → $152K (2025)

  • Anil Shukla MD

    Trustee

    New on the 2025 filing

    9.5 hrs/week

    $175K (2025)

  • Christopher Hodgson

    Trustee & Clerk

    Trustee → Trustee & Clerk, 2024

    On filings since 2019

    2.5 hrs/week

    No compensation reported

  • Dennis J. Fusco

    Trustee

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Elizabeth Huidekoper

    Trustee

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Helena Dasilva Hughes

    Trustee

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Jason Rua

    Trustee

    Chair → Trustee, 2020

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Louis Cabral

    Trustee

    Chair → Chair Trustee, 2023

    Chair Trustee → Trustee, 2024

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • W. Hugh M. Morton

    Trustee

    On filings since 2019

    1.5 hrs/week

    No compensation reported

  • Jay S. Schachne MD

    Trustee

    On filings since 2020

    1.5 hrs/week

    No compensation reported

  • Jonathan L. Rounds

    Trustee

    On filings since 2020

    1.5 hrs/week

    No compensation reported

  • Ilana Feinerman MD

    Trustee

    On filings since 2021

    1.5 hrs/week

    No compensation reported

  • Judge Phillip Rapoza

    Trustee

    New on the 2025 filing

    1.5 hrs/week

    No compensation reported

  • James Feen

    Senior Vice President - Chief Digital Info Officer

    Senior Vice President & CIO → Senior Vice President & Chief Digital Info Officer, 2024

    Senior Vice President & Chief Digital Info Officer → Senior Vice President - Chief Digital Info Officer, 2025

    On filings since 2019

    3 hrs/week

    $432K (2019) → $818K (2025)

  • Stephen Canessa

    Senior Vice President External Affairs CCO

    Senior Vice President Chief Brand Strategy Offcr → Senior Vice President External Affairs CCO, 2024

    On filings since 2019

    50 hrs/week

    $349K (2019) → $654K (2025)

  • Wade Broughman

    Treasurer, Executive Vice President Finance & CFO

    Executive Vice President Finance, CFO & Treasurer → Treasurer of Board, Executive Vice President Finance & CFO, 2024

    Treasurer of Board, Executive Vice President Finance & CFO → Treasurer, Executive Vice President Finance & CFO, 2025

    On filings since 2019

    47.5 hrs/week

    $758K (2019) → $1.1M (2025)

  • Lauren Desimon Johnson

    Senior Vice President & Chro

    On filings since 2020

    18 hrs/week

    $553K (2020) → $671K (2025)

  • Tonya Johnson

    Senior Vice President & COO

    Vice President Operations → Senior Vice President & COO, 2023

    On filings since 2020

    $309K (2020) → $226K (2025)

  • Jaqueline Somerville

    Senior Vice President & Cno

    On filings since 2021

    60 hrs/week

    $521K (2021) → $578K (2025)

  • Stephen Pires

    Senior Vice President & Insurance Risk Management

    Senior Vice President Insurance & Risk Management → Senior Vice President & Insurance Risk Management, 2024

    On filings since 2021

    60 hrs/week

    $347K (2021) → $461K (2025)

  • Jadene Elden

    Vice President Revenue Cycle

    On filings since 2022

    40 hrs/week

    $330K (2022) → $353K (2025)

  • Charles E. Cusson Jr.

    Vice President Org Captly & Talent Management

    Executive Director Talent Management & Org Captly → Vice President Org Captly & Talent Management, 2024

    On filings since 2023

    12 hrs/week

    $328K (2023) → $290K (2025)

  • Mark Cale

    CFO Shg & Senior Vice President Finance Shs

    On filings since 2023

    60 hrs/week

    $509K (2023) → $549K (2025)

  • Patricia Buiocchi

    Senior Vice President Post Acute Services

    Senior Vice President Post Acute Care Network → Senior Vice President Post Acute Services, 2024

    On filings since 2023

    30 hrs/week

    $345K (2023) → $532K (2025)

  • Michael Bushell

    Treasurer, Executive Vice President Finance & CFO

    New on the 2025 filing

    17.5 hrs/week

    $174K (2025)

  • Carmen F. Sylvester

    Vice Chair

    Trustee → Vice Chair, 2023

    On filings since 2020

    2.5 hrs/week

    No compensation reported

Former officers (28)
  • Former: Renee Clark Asst Clerk (2019–2025) — Clerk & Executive Vice President COO · Filing note: Until
  • Former: James Jerome Coogan (2019–2024) — Clerk
  • Former: Philip Oliveira (2021–2024) — Vice President Supply Chain Strat & Logist
  • Former: Robert Ronan MD (2023–2024) — Trustee
  • Former: Heidi A. Kostin (2020–2023) — Trustee
  • Former: Ana Laus (2022–2023) — Trustee
  • Former: Mark Lacombe (2023) — Director It Eng Syst Network
  • Former: Michael Cofone (2019–2022) — Senior Vice President Finance
  • Former: James Witkowski MD (2021–2022) — Trustee
  • Former: Robert Swann (2022) — Vice President & Acno Slh
  • Former: Robert Caldas MD (2019–2021) — Former Senior Vice President & CMO
  • Former: Robert Tripp Jr. DO (2019–2021) — Trustee
  • Former: Georgina Nouaime MD (2020–2021) — Trustee
  • Former: Joely Edwards MD (2021) — Trustee
  • Former: Sheri Weintraub (2021) — Cheif Physicist
  • Former: Christopher Cheneymd (2019–2020) — Trustee
  • Former: David Dejesus Jr. (2019–2020) — Former Senior Vice President & Chro
  • Former: Jack Dresser (2019–2020) — Senior Vice President & Cpo
  • Former: John Lentini MD (2019–2020) — Trustee
  • Former: Michael Barretti DO (2019–2020) — Ex-Officio
  • Former: Pamela McNamara (2019–2020) — Trustee
  • Former: Carl Ribeiro (2019) — Trustee
  • Former: Daniel Sousa MD (2019) — Ex-Officio
  • Former: Kristofer Lindeman (2019) — Former Treasurer
  • Former: Linda Bodenmann (2019) — Former Executive Vice President, COO & Assistant Clerk
  • Former: Maureen Sylvia Armstrong (2019) — Trustee
  • Former: Paul Iannini (2019) — Phys. in Chief & Med
  • Former: Timothy Eixenberger (2019) — Cno

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

David McCready — Ex-Officio, President & CEO: $1.6MDavid McCreadyEx-Officio, President & CEO$1.6MRayford Kruger — Former President & CEO: $1.3MRayford KrugerFormer President & CEO$1.3MRenee Clark Asst Clerk Until — 12/24)/Clerk (At 1/25)/EVP COO: $1.2MRenee Clark Asst Clerk…12/24)/Clerk (At 1/25)/EVP COO$1.2MWade Broughman — Treasurer, EVP Fin/CFO (Until 12/24): $1.1MWade BroughmanTreasurer, EVP Fin/CFO (Until…$1.1MJames Feen — SVP - Chief Digital Info Officer: $818KJames FeenSVP - Chief Digital Info Officer$818KLauren Desimon Johnson — SVP/Chro: $671KLauren Desimon JohnsonSVP/Chro$671KStephen Canessa — SVP External Affairs CCO: $654KStephen CanessaSVP External Affairs CCO$654KJaqueline Somerville — SVP/CNO: $578KJaqueline SomervilleSVP/CNO$578KMark Cale — CFO SHG & SVP Fin SHS (Until 9/25): $549KMark CaleCFO SHG & SVP Fin SHS (Until…$549KPatricia Buiocchi — SVP Post Acute Services (Until 7/25): $532KPatricia BuiocchiSVP Post Acute Services (Until…$532KStephen Pires — SVP, Insurance Risk Mgmt (Until 2/25): $461KStephen PiresSVP, Insurance Risk Mgmt (Until…$461KJadene Elden — VP Revenue Cycle: $353KJadene EldenVP Revenue Cycle$353KMatthew Shaw — Ed - Chief Info Security Officer: $338KMatthew ShawEd - Chief Info Security Officer$338KCharles E Cusson Jr — VP Org Captly and Talent Management: $290KCharles E Cusson JrVP Org Captly and Talent…$290KTonya Johnson — SVP & COO (Until 6/28/24): $226KTonya JohnsonSVP & COO (Until 6/28/24)$226KAnil Shukla MD — Trustee (As of 1/2025): $175KAnil Shukla MDTrustee (As of 1/2025)$175KMichael Bushell — Treasurer (As of 1/25), EVP Fin/CFO: $174KMichael BushellTreasurer (As of 1/25), EVP…$174KJohn Mungovan MD — Trustee (Until 12/2024): $152KJohn Mungovan MDTrustee (Until 12/2024)$152KKeith Hovan — Former President & CEO: $115KKeith HovanFormer President & CEO$115KSalman Bashir MD — Trustee: $7KSalman Bashir MDTrustee$7K

The highest reported compensation on the 2025 filing was $1.6M, to David McCready (Ex-Officio, President & CEO). 20 officers or directors reported compensation on that filing.

Contact

Mailing address: 101 Page Street, New Bedford, MA 02740
Phone: (508) 961-5000
Website: https://southcoast.org

Frequently asked questions about Southcoast Hospitals Group Inc

How much does Southcoast Hospitals Group Inc give each year?

Southcoast Hospitals Group Inc gave $381K across 25 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $258K across 17 grants.

What is Southcoast Hospitals Group Inc's typical grant size?

Southcoast Hospitals Group Inc's median grant in 2025 was $11,393, and its average grant was $15,247, across 25 grants on its 2025 IRS Form 990.

Where does Southcoast Hospitals Group Inc give grants?

Southcoast Hospitals Group Inc gives mostly in Massachusetts: 86% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest states were Rhode Island (8%) and Colorado (7%). The most frequent recipient cities were New Bedford, MA (10 grants) and Fall River, MA (3 grants).

Does Southcoast Hospitals Group Inc give general operating support?

Not in 2025: none of the 25 grants with a stated purpose on Southcoast Hospitals Group Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Community Outreach" (12 grants), "Support Services" (7 grants) and "Community Outreach and Support Services" (6 grants).

Who are Southcoast Hospitals Group Inc's largest grantees?

Southcoast Hospitals Group Inc's largest 2025 grantees include The Marion Institute ($42,500), YWCA Southeastern Massachusetts ($30,000) and Elephant Circle ($25,000), according to its 2025 IRS Form 990. Together they received 26% of its itemized 2025 grant dollars.

How large is Southcoast Hospitals Group Inc?

Southcoast Hospitals Group Inc reported $1.2B in total assets on its 2025 IRS Form 990. Its revenue that year was $1.4B.

What does Southcoast Hospitals Group Inc fund?

The organization’s stated mission is “to promote the optimal health and well-being of the individuals and families in the communities served by Southcoast Hospitals Group.” See mission & focus areas ↑

How do I apply for a grant from Southcoast Hospitals Group Inc?

The Healthy Community Fund’s stated process is to submit a Letter of Interest; selected applicants are invited to submit a Request for Proposal. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Southcoast Hospitals Group Inc's EIN?

Southcoast Hospitals Group Inc's EIN (Employer Identification Number) is 22-2592333. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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