EIN 04-3314093

Boston Medical Center Corporation (BMC)

IRS 501(c) type
501(c)(3)
Num. employees
11,529
City
Year formed
1996
Most recent tax filings
2023-09-01
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
$2,380,282,356
2023
Total expenses
$2,418,812,155
2023
Total assets
$2,632,199,167
2023
Num. employees
11,529
2023

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, 594-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$6,164,041
VinfenSubaward$1,032,996
University of North Carolina at Chapel HillSubaward$781,877
...and 92 more grants made totalling $19,368,068

Who funds Boston Medical Center Corporation (BMC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$3,021,603
The JPB FoundationEarly Identification of Rising Risk Families and Parent-Guided Team-Based Care To Prevent and Mitigate Toxic Stress$2,425,000
The JPB FoundationEarly Identification of Rising Risk Families and Parent-Guided Team-Based Care To Prevent and Mitigate Toxic Stress$2,425,000
...and 163 more grants received totalling $37,909,910

Personnel at BMC

NameTitleCompensation
Alastair Bell, MD, MBAPresident and Chief Executive Officer , BMCHS$1,297,429
Kathleen E WalshPresident and Trustee$2,255,596
William Creevy, MDBoard Member
Ankur Agrawal, MBASenior Vice President , Chief Financial Officer
Terri NewsomSenior Vice President and Chief Financial Officer and Treasurer$846,135
...and 25 more key personnel

Financials for BMC

RevenuesFYE 09/2023
Total grants, contributions, etc.$31,735,184
Program services$2,291,325,655
Investment income and dividends$18,699,125
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$2,430,789
Net gain from sale of non-inventory assets$23,339,059
Net income from fundraising events$-427,741
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$13,180,285
Total revenues$2,380,282,356

Form 990s for BMC

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-15990View PDF
2022-092023-08-15990View PDF
2021-092022-08-12990View PDF
2020-092021-09-03990View PDF
2019-092020-10-22990View PDF
...and 11 more Form 990s

Organizations like BMC

OrganizationLocationRevenue
Hartford HospitalHartford, CT$2,582,241,968
Monument Health Rapid City HospitalRapid City, SD$912,569,914
Ochsner Medical CenterNew Orleans, LA$5,075,999,430
MaineHealth (MMC)Portland, ME$3,690,471,384
Henry Ford Health Jackson HospitalJackson, MI$794,122,795
Greater Baltimore Medical Center (GBMC)Baltimore, MD$624,667,819
White Plains Hospital (WPH)White Plains, NY$917,849,600
Mount Sinai HospitalNew York, NY$3,946,842,937
Huntington HealthPasadena, CA$764,471,000
Vanderbilt University Medical CenterNashville, TN$6,921,172,886
Data update history
November 26, 2024
Received grants
Identified 12 new grant, including a grant for $611,811 from Scripps Research Institute
October 31, 2024
Updated personnel
Identified 20 new personnel
September 23, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 21, 2024
Updated personnel
Identified 5 new personnel
August 25, 2024
Received grants
Identified 61 new grant, including a grant for $2,425,000 from The JPB Foundation
Nonprofit Types
Grantmaking organizationsHospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingFundraising eventsOperates internationallyState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online 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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