Charity Search / MELROSEWAKEFIELD HEALTHCARE INC
Health Care (E22) IRS Verified DX Registered 990 on File

MELROSEWAKEFIELD HEALTHCARE INC

EIN: 04-2767880 · MEDFORD, MA 02155-1643 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Mission Statement

Our mission is to provide, in a community-based setting, the highest quality health care to communities in Boston's northern suburbs. Hallmark Health System, Inc. is committed to building and sustaining a strong, vibrant and healthy community. Hallmark Health System dedicates appropriate resources to collaborations with community partners and the utilization of community member’s input toward improving health services. Hallmark Health System pledges to act as a resource and to work with the community during emergencies; improve access to care; identify, monitor, and address the unique health care needs within its core communities; and promote healthier lifestyles for residents through health education and prevention activities

Financial Overview — FY 2024
$267.6M
Total Revenue
$280.6M
Total Expenses
$125.9M
Net Assets
2158
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 79.6%
Fundraising Efficiency 0.0%
Operating Reserve 5.38x
Liability-to-Asset 39.3%
Revenue Diversification 91.1%
Executive Compensation $1.9M
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $267.6M $280.6M $125.9M 79.6% 2158
2023 $336.3M $286.4M $61.6M 79.2% 2148
2022 $249.3M $308.9M $125.1M 81.1% 2100
2021 $268.4M $245.5M N/A 2188
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Organization Details
EIN
04-2767880
State
MA
City
MEDFORD
ZIP
02155-1643
Classification
E22
Category
Health Care
Rating
56★
Last Updated
Aug 2026
IRS Ruling Year
1997
Foundation Code
12
Form 990
On File
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