EIN 04-2103602

Milford Regional Medical Center

IRS 501(c) type
501(c)(3)
Num. employees
2,117
Year formed
1903
Most recent tax filings
2023-09-01
NTEE code, primary
Description
Milford Regional Medical Center is committed to providing exceptional healthcare services to our community with dignity, compassion and respect. The mission statement of Milford Regional Medical Center Inc is focused on providing quality healthcare services to the community. This commitment has been strengthened further during the pandemic, which transformed and intensified the mission of the center.
Total revenues
$296,685,780
2023
Total expenses
$294,602,019
2023
Total assets
$240,533,459
2023
Num. employees
2,117
2023

Program areas at Milford Regional Medical Center

A full-service, community and regional teaching hospital, Milford Regional is a 148-bed, nonprofit, acute-care facility serving a region of 20-plus towns in central Massachusetts. With over 300 primary care and specialty physicians on the medical staff, our physicians are skilled in the most advanced procedures and technology, and provide personalized patient care in a warm and caring environment. Many hold teaching appointments at New England's finest medical schools preparing the doctors of tomorrow. In FY2023, Milford Regional provided over 58,000 visits in its 52-bed emergency department. In addition, Milford Regional treats 667 patients in its 10-bed ICU. Furthermore, patients benefit from our patient care center which includes eight state-of-the-art operating suites, consolidated surgical services (including admitting and pre-admission testing) and medical/surgical floors with private rooms, many with advanced patient monitoring capabilities. Our fourth floor houses 15 private rooms designed for the needs of cancer and palliative care patients. Our Maternity Center offers home-like LDRP (labor, delivery, recovery, postpartum) rooms, as well as a new 1B Continuing Care Nursery that accommodates the extra care, comfort and needs of late preterm babies at 35 weeks and beyond, as well as those with health issues. Milford Regional's partnerships with world leaders in healthcare include our 54,000 square foot Cancer Center which provides comprehensive cancer services (including radiation therapy) with Dana-Farber/Brigham and Women's Cancer Center, as well as strong partnerships with Brigham and Women's Hospital, Boston Children's Hospital and UMass Memorial Health Care.

Who funds Milford Regional Medical Center

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Milford Regional Medical Staff AssociationPhysician Stipends.$78,500
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$32,400
American Online Giving FoundationGeneral Support$11,452
...and 3 more grants received

Personnel at Milford Regional Medical Center

NameTitleCompensation
Edward KellyPresident and Chief Executive Officer$1,121,294
Nicole ThyneExecutive Vice President and Chief Operating Officer$553,109
Elizabeth CadleVice President Finance , Chief Financial Officer$331,410
Peter SmulowitzChief Medical Officer$557,033
Dr. Albert CrimaldiGastroenterology Chief
...and 13 more key personnel

Financials for Milford Regional Medical Center

RevenuesFYE 09/2023
Total grants, contributions, etc.$6,372,358
Program services$277,120,988
Investment income and dividends$2,323,498
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,703,151
Net income from fundraising events$-333,190
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,498,975
Total revenues$296,685,780

Form 990s for Milford Regional Medical Center

Fiscal year endingDate received by IRSFormPDF link
2023-092024-08-14990View PDF
2023-092024-08-12990View PDF
2022-092023-08-14990View PDF
2021-092022-08-12990View PDF
2020-092021-09-03990View PDF
...and 11 more Form 990s

Organizations like Milford Regional Medical Center

OrganizationLocationRevenue
Cape Regional Medical CenterCape May Court House, NJ$139,824,806
Greater Baltimore Medical Center (GBMC)Baltimore, MD$624,667,819
White Plains Hospital (WPH)White Plains, NY$917,849,600
Southcoast HealthNew Bedford, MA$1,121,349,892
St John's Riverside HospitalYonkers, NY$331,397,889
St Vincent's Medical Center / SVMC Holdings IncBridgeport, CT$616,264,745
Kent HospitalProvidence, RI$646,011,139
Maimonides Medical CenterBrooklyn, NY$1,451,215,166
Middlesex HospitalMiddletown, CT$512,639,238
York HospitalYork, ME$211,367,142
Data update history
September 30, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 22, 2024
Used new vendors
Identified 1 new vendor, including
September 22, 2024
Updated personnel
Identified 4 new personnel
May 18, 2024
Received grants
Identified 3 new grant, including a grant for $78,500 from Milford Regional Medical Staff Association
March 12, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
HospitalsHealth organizationsHeadquarter / parent organizations
Issues
Health
Characteristics
LobbyingFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
14 Prospect St
Milford, MA 01757
Metro area
Worcester, MA-CT
County
Worcester County, MA
Website URL
milfordregional.org/ 
Phone
(508) 473-1190
Facebook page
MilfordRegionalMedicalCenter 
Twitter profile
@milfordregional 
IRS details
EIN
04-2103602
Fiscal year end
September
Taxreturn type
Form 990
Year formed
1903
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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