Civic Intelligence

North Shore Community Health Inc

EIN 04-2610447 • 501(c)3 • Salem, MA

Profile

North shore community health's (nsch) mission is to build healthy communities by providing exceptional care to all.

27 Congress Street 513Salem, MA 01970

www.nschi.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

67th percentile

0.41x

Higher debt load relative to assets than 67% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

45th percentile

0.23x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

54th percentile

5.8%

Higher net margin than 54% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

56th percentile

$289,953

Higher top officer pay than 56% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

25th percentile

-1.3%

Faster asset growth than 25% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

68th percentile

17%

Faster revenue growth than 68% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Down

$17,746,911

Down $233,639 (-1.3%) from 2024

Liabilities

Down

$7,253,922

Down $2,070,225 (-22%) from 2024

Net Assets

Up

$10,492,989

Up $1,836,586 (+21%) from 2024

Revenue

Up

$31,625,236

Up $4,702,113 (+17%) from 2024

Expenses

Up

$29,788,650

Up $3,941,846 (+15%) from 2024

Net Income

Up

$1,836,586

Up $760,267 (+71%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $5,884,992Liabilities 2010: $1,715,481Net Assets 2010: $4,169,5112010Assets 2011: $5,448,832Liabilities 2011: $1,753,206Net Assets 2011: $3,695,6262011Assets 2012: $6,933,051Liabilities 2012: $1,439,105Net Assets 2012: $5,493,9462012Assets 2013: $6,315,762Liabilities 2013: $2,073,212Net Assets 2013: $4,242,5502013Assets 2014: $6,250,266Liabilities 2014: $2,652,805Net Assets 2014: $3,597,4612014Assets 2015: $5,656,575Liabilities 2015: $2,709,079Net Assets 2015: $2,947,4962015Assets 2016: $5,400,367Liabilities 2016: $2,049,507Net Assets 2016: $3,350,8602016Assets 2017: $5,603,986Liabilities 2017: $1,844,215Net Assets 2017: $3,759,7712017Assets 2018: $5,381,097Liabilities 2018: $2,383,273Net Assets 2018: $2,997,8242018Assets 2019: $4,463,702Liabilities 2019: $2,953,910Net Assets 2019: $1,509,7922019Assets 2020: $7,335,180Liabilities 2020: $5,137,150Net Assets 2020: $2,198,0302020Assets 2021: $9,734,194Liabilities 2021: $2,939,181Net Assets 2021: $6,795,0132021Assets 2022: $9,388,725Liabilities 2022: $2,108,596Net Assets 2022: $7,280,1292022Assets 2023: $12,631,987Liabilities 2023: $5,051,903Net Assets 2023: $7,580,0842023Assets 2024: $17,980,550Liabilities 2024: $9,324,147Net Assets 2024: $8,656,4032024Assets 2025: $17,746,911Liabilities 2025: $7,253,922Net Assets 2025: $10,492,9892025

Highlighted filing

2025

Assets$17,746,911
Liabilities$7,253,922
Net Assets$10,492,989

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2010: $7,443,8532010Expenses 2011: $8,584,3282011Expenses 2012: $8,905,3362012Revenue 2013: $10,352,611Expenses 2013: $11,640,907Net Income 2013: -$1,288,2962013Revenue 2014: $11,333,896Expenses 2014: $11,977,033Net Income 2014: -$643,1372014Revenue 2015: $12,377,070Expenses 2015: $13,027,035Net Income 2015: -$649,9652015Revenue 2016: $12,831,796Expenses 2016: $12,428,432Net Income 2016: $403,3642016Revenue 2017: $14,295,525Expenses 2017: $13,886,614Net Income 2017: $408,9112017Revenue 2018: $17,020,041Expenses 2018: $17,781,988Net Income 2018: -$761,9472018Revenue 2019: $16,706,527Expenses 2019: $18,194,559Net Income 2019: -$1,488,0322019Revenue 2020: $18,305,188Expenses 2020: $17,616,950Net Income 2020: $688,2382020Revenue 2021: $25,174,416Expenses 2021: $20,577,433Net Income 2021: $4,596,9832021Revenue 2022: $25,824,865Expenses 2022: $25,339,749Net Income 2022: $485,1162022Revenue 2023: $26,821,991Expenses 2023: $26,522,036Net Income 2023: $299,9552023Revenue 2024: $26,923,123Expenses 2024: $25,846,804Net Income 2024: $1,076,3192024Revenue 2025: $31,625,236Expenses 2025: $29,788,650Net Income 2025: $1,836,5862025

Highlighted filing

2025

Revenue$31,625,236
Expenses$29,788,650
Net Income$1,836,586

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.7$7.25$10.5$31.6$29.8$1.84
2024Detailed filing. Detailed filing data is available for this year.$18.0$9.32$8.66$26.9$25.8$1.08
2023Detailed filing. Detailed filing data is available for this year.$12.6$5.05$7.58$26.8$26.5$0.30
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.39$2.11$7.28$25.8$25.3$0.49
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.73$2.94$6.80$25.2$20.6$4.60
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.34$5.14$2.20$18.3$17.6$0.69
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.46$2.95$1.51$16.7$18.2$1.49
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.38$2.38$3.00$17.0$17.8$0.76
2017Detailed filing. Detailed filing data is available for this year.$5.60$1.84$3.76$14.3$13.9$0.41
2016Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$5.40$2.05$3.35$12.8$12.4$0.40
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.66$2.71$2.95$12.4$13.0$0.65
2014Detailed filing. Detailed filing data is available for this year.$6.25$2.65$3.60$11.3$12.0$0.64
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.32$2.07$4.24$10.4$11.6$1.29
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.93$1.44$5.49$8.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.45$1.75$3.70$8.58
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.88$1.72$4.17$7.44
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 18, 2025
Return Version
2024v5.2
Gross Receipts
$31,625,236
Mission and Program Overview

Mission

North shore community health's (nsch) mission is to build healthy communities by providing exceptional care to all.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,403,752$4,064,448▲ $1,660,696
Accounts Receivable$4,096,969$3,334,105▼ $762,864
Savings and Temporary Cash Investments$2,529,863$3,111,699▲ $581,836
Cash and Non-Interest-Bearing Accounts$4,549,673$2,178,925▼ $2,370,748
Pledges and Grants Receivable$446,916$992,063▲ $545,147
Prepaid Expenses and Deferred Charges$419,801$879,794▲ $459,993
Total Assets$17,980,550$17,746,911▼ $233,639
Other Assets Total$3,533,576$3,185,877▼ $347,699
Liabilities
Other Liabilities$6,568,690$4,677,984▼ $1,890,706
Accounts Payable and Accrued Expenses$2,609,296$2,462,027▼ $147,269
Mortgage Notes Payable Secured by Investment Property$146,161$113,911▼ $32,250
Total Liabilities$9,324,147$7,253,922▼ $2,070,225
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,900,968$9,914,948▲ $2,013,980
Net Assets With Donor Restrictions$755,435$578,041▼ $177,394
Total Net Assets Fund Balance$8,656,403$10,492,989▲ $1,836,586
Total Liabilities and Net Assets / Fund Balance$17,980,550$17,746,911▼ $233,639

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$3,100,811$3,861,358$6,962,169
Equipment$677,094$2,095,295$2,772,389
Buildings$268,048$201,789$469,837
Other Land Buildings$18,495$67,018$85,513
Other Assets Org$1,914,528--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Margaret BrennanPresident & CEOFT$264,246$25,707$289,953
Amer El-haddadChief Medical OfficerFT$251,200$10,068$261,268
Kristin DardenMedical DirectorFT$225,345$25,707$251,052
Laura HollandDirector WOMEN'S HEALTHFT$223,566$25,707$249,273
David TothEndocrinologistFT$217,189$25,707$242,896
Ellen ReeceVP, Value Based Care & InformaticsFT$166,348$25,707$192,055
Robert SlocumDirector of Clinical InnovationPT$165,716$24,409$190,125
Ryan Ribeiro-rodriguezChief Operating OfficerFT$159,821$25,664$185,485
Paul ForteDirector of DentalFT$177,546$1,669$179,215
Kara PesolaDirector of Clinical TrainingFT$135,718$25,707$161,425
Asia AstvatsaturianVice President of FinanceFT$127,125$891$128,016

Board Members and Trustees

NameTitle
Lucy CorchadoVice Chair
Aisha Slay-straussBoard Member
Jennifer FeminoBoard Member
Marion WinfreyBoard Member
Matthew VenoBoard Member
Tammy LamondeBoard Member
Joseph CaiazzoBoard Member (as of 4/2025)
Christopher FuccioneBoard Member (as of 6/2024)
Jarissie EchavarriaBoard Member (as of 9/2024)
Maureen AylwardBoard Member (until 10/2024)
Peter KentBoard Member (until 4/2025)
Amy LeachClerk
William SullivanTreasurer (until 12/2024)

Highest Paid Contractors

ContractorServicesLocationCompensation
Community Technology Cooperative LLCEmr Support75 FEDERAL STREET 7TH FLOOR, Boston, MA 02110$1,116,520
CPA Medical BillingMedical Billing100 SOUTH SHORE DR, East Haven, CT 06512$838,708
Sequence Health LLCCall Center10 INVERNESS CENTER PARKWAY SUITE, Hoover, AL 35242$539,417
Community Care CooperativeRisk Coding / Captive75 FEDERAL STREET 7TH FLOOR, Boston, MA 02110$323,493
Propio Language ServicesTranslation Services10801 MASTIN STREET SUITE 580, Overland Park, KS 66210$281,314
Revenue and Support

Revenue Composition

Contributions and Grants
$9,178,592
Program Service Revenue
$22,343,752
Investment Income
$96,353
Other Revenue
$6,539
All Other Contributions
$2,804,150
Change in Net Assets
$1,836,586

Audited Revenue Reconciliation

Revenue per Audited Statements
$30,899,888
Revenue Not Reported on Financial Statements
$725,348
Revenue Not Reported on Form 990
$26,400
Other Revenue Adjustments
$725,348
Total Revenue per Audited Statements
$30,926,288
Total Revenue per Form 990
$31,625,236
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,211,307
Other Expenses$11,577,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,008,022$2,625,205-$13,633,227
Other Employee Benefits$1,691,642$452,421-$2,144,063
Fees for Services Other$1,590,007$257,385-$1,847,392
Current Officers, Directors, Trustees, and Key Employees$640,606$707,302-$1,347,908
Information Technology$1,026,055$210,156-$1,236,211
Payroll Taxes$863,474$222,635-$1,086,109
Occupancy$802,555$169,786-$972,341
Office Expenses$644,379$131,974-$776,353
Depreciation Depletion$471,959$96,666-$568,625
All Other Expenses$255,189$87,688-$342,877
Advertising$196,895$40,328-$237,223
Other Expenses$151,563$70,486-$222,049
Fees for Services Accounting$114,125$23,375-$137,500
Insurance$87,346$17,890-$105,236
Fees for Services Legal$44,597$9,134-$53,731
Interest$29,373$6,016-$35,389
Travel$6,624$19,451-$26,075
Total Functional Expenses$23,915,404$5,873,246$0$29,788,650

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$29,788,650
Total Expenses per Audited Statements$29,089,702
Expenses per Audited Statements$29,063,302
Expenses Not Reported on Financial Statements$725,348
Other Expense Adjustments$725,348
Expenses Not Reported on Form 990$26,400
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Conditional Grant Advance$2,707,495
Operating Lease Liabilities$1,970,489
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 initial completion is done by our auditors. The form 990 is then sent to the north shore community health management team and then forwarded to the members of the board of directors, who are able to submit any questions, comments, or observations that they have. Then management discusses any changes they are going to make to the 990 form. If changes are deemed necessary, they are made immediately. The form 990 is then approved for submission by the board of directors.

Form 990, Part VI, Section B, Line 12C

Each employee, volunteer, and board member will acknowledge that they have read and understand north shore community health's conflict of interest policy upon beginning their employment or tenure with north shore community health by signing an acknowledgement form. This is updated on a yearly basis.

Form 990, Part VI, Section B, Line 15

The compensation of the health center's officers and key employees is approved by the board of directors utilizing a salary survey. The executive director sets the other employees' salaries based on a salary survey in accordance with the health center's budget parameters.

Form 990, Part VI, Section C, Line 19

North shore community health, inc. Makes its governing documents, conflict of interest policy and financial statements available to the public upon request. The form 990 is available to the general pubic through www.guidestar.org.

Filing and Contact Details

Filer

Filer Name
North Shore Community Health Inc
EIN
04-2610447
Phone
9788251109
Address
27 CONGRESS STREET 513, SALEM, MA 01970

Signing Officer

Name
Margaret Brennan
Title
President & Chief Executive Officer
Phone
9788251109
Signed
2025-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Margaret Brennan
Formed
1977
Legal Domicile
Ma
Voting Board Members
10
Independent Board Members
10
Employees
228
Volunteers
12

Preparer

Firm
Aafcpas Inc
Address
50 WASHINGTON STREET, WESTBOROUGH, MA 01581
Preparer
Caitlin Limoges CPA
Phone
5083669100
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

In 2024, nsch launched its clinical outreach program with the mission to engage marginalized populations facing significant barriers to high-quality healthcare particularly those experiencing homelessness or housing instability. The former medical director for gloucester family health center/mat director stepped into the role of director of clinical innovation and integration. Using innovative strategies, high-intensity care navigation, and a direct primary care model, we're meeting patients where they are regardless of challenges such as lack of housing, insurance, transportation, technology access, or social support. Since beginning in may 2024, we've established our first outreach clinic at lifebridge of the north shore in salem, operating weekly. By the end of 2025, we aim to expand to additional sites in gloucester and peabody. In addition to primary care, women's health, and chronic disease management, we also provide telehealth-based psychopharmacology and behavioral health as well as recovery services, hiv and hepatitis c treatment.

FORM 990, PART XII, LINE 2C:

There have been no changes made to the organization's oversight or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The center accounts for uncertainty in income taxes in accordance with asc topic, income taxes. This standard clarifies the accounting for uncertainty in tax positions and prescribes a recognition threshold and measurement attribute for the financial statements regarding a tax position taken or expected to be taken in a tax return. The center has determined that there are no uncertain tax positions which qualify for either recognition or disclosure in the financial statements at june 30, 2025. The center's information returns are subject to examination by federal and state jurisdictions.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Investment in south river 725,348.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment in south river 725,348.

Raw XML AppendixShowing 400 of 854 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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