Nonprofit · EIN 04-2770980
EMERSON HEALTH CARE FOUNDATION INC
Tax-exempt · CONCORD, MA 01742
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $7,803,932 | $1,087,202 | $6,716,730 | $29,331,831 | $351,170 | $28,980,661 |
| September 30, 2024 | 990 | $6,198,981 | $1,100,000 | $5,098,981 | $19,107,791 | $273,859 | $18,833,932 |
| September 30, 2023 | 990 | $4,614,150 | $1,197,947 | $3,416,203 | $12,205,475 | -$309,960 | $12,515,435 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $7,591,215
- Program service revenue
- $0
- Investment income
- $212,717
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $698,891
- Salaries, compensation and benefits (total)
- $834,989
- Professional fundraising fees
- $0
- Fundraising (functional)
- $1,087,202
Balance sheet and other
- Total assets, start of year
- $19,107,791
- Total assets, end of year
- $29,331,831
- Total liabilities, end of year
- $351,170
- Net assets, end of year
- $28,980,661
- Net assets without donor restrictions
- $4,383,416
- Net assets with donor restrictions
- $24,597,245
- Gross receipts
- $7,899,423
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Christine Schuster | President and CEO Trustee or director, Officer | 4 | $0 | $1,355,693 | $308,717 |
| David Lautz | Physician Highest-paid employee | 0 | $0 | $1,355,334 | $42,876 |
| Jennifer Nayor | Physician Highest-paid employee | 0 | $0 | $745,079 | $42,876 |
| David Kahan | Physician Highest-paid employee | 0 | $0 | $763,315 | $6,600 |
| Arhtur Lee | Physician Highest-paid employee | 0 | $0 | $711,045 | $36,295 |
| Mark Moschella | Physician Highest-paid employee | 0 | $0 | $707,810 | $36,295 |
| Karl Kussin | CHIEF PHILANTHROPY OFFICER Trustee or director, Officer | 50 | $0 | $307,798 | $53,669 |
| Adrienne Principe | Director Trustee or director | 4 | $0 | $0 | $0 |
| Benjamin Matys | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| Charles Denault | Chair Trustee or director | 4 | $0 | $0 | $0 |
| Danny Costa | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| Deborah Greene | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| Denise Haartz | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| Gloria Clough | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| Jack Mackeen | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeffrey Campbell | Director Trustee or director | 4 | $0 |
| Joshua Nelson | DIRECTOR Trustee or director | 4 | $0 |
| Karen McGinn | Director Trustee or director | 4 | $0 |
| Kenneth Anderson Jr | Vice Chair Trustee or director, Officer | 4 | $0 |
| Liza Carey | DIRECTOR Trustee or director | 4 | $0 |
| Lynn Martin | DIRECTOR Trustee or director | 4 | $0 |
| Margaret Bernhardt | DIRECTOR Trustee or director | 4 | $0 |
| Michael Lovdal | DIRECTOR Trustee or director | 4 | $0 |
| Michael O'Brien | DIRECTOR Trustee or director | 4 | $0 |
| Philip Lotane | Treasurer Trustee or director, Officer | 4 | $0 |
| Robert Segal | DIRECTOR Trustee or director | 4 | $0 |
| Sandra Schelzi | Secretary Trustee or director | 4 | $0 |
| Sara Wilson | Director Trustee or director | 4 | $0 |
| Stephen Carr | Director Trustee or director | 4 | $0 |
| Thomas Valle | Director Trustee or director | 4 | $0 |
| William Boger III | Director Trustee or director | 4 | $0 |
990 for the year ended September 30, 2024: 31 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRISTINE C SCHUSTER | PRESIDENT AND CEO Trustee or director, Officer | 4 | $0 | $1,370,489 | $313,345 |
| DAVID LAUTZ MD | PHYSICIAN Highest-paid employee | 0 | $0 | $1,416,265 | $39,572 |
| ARTHUR LEE MD | PHYSICIAN Highest-paid employee | 0 | $0 | $742,314 | $33,354 |
| MARK MOSCHELLA MD | PHYSICIAN Highest-paid employee | 0 | $0 | $718,621 | $33,354 |
| JENNIFER NAYOR MD | PHYSICIAN Highest-paid employee | 0 | $0 | $649,121 | $39,572 |
| DAVID KAHAN MD | PHYSICIAN Highest-paid employee | 0 | $0 | $651,956 | $5,300 |
| KARL F KUSSIN | CHIEF PHILANTHROPY OFFICER Trustee or director, Officer | 50 | $0 | $333,314 | $50,516 |
| KENNETH ANDERSON JR | TREASURER Trustee or director, Officer | 4 | $0 | $0 | $0 |
| WILLIAM P BOGER III MD | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JEFFREY S CAMPBELL | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| LIZA CAREY | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| STEPHEN W CARR | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| GLORIA L CLOUGH | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| DANNY COSTA | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| CHARLES A DENAULT | CHAIR Trustee or director, Officer | 4 | $0 | $0 | $0 |
| DEBORAH A GREENE MD | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| DENISE HAARTZ | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| PHILIP S LOTANE | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JACK MACKEEN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| LYNN MARTIN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| KAREN MCGINN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JOSHUA M NELSON | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 | $0 |
| KIMBERLY PATENAUDE | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| SANDRA A SCHELZI | SECRETARY Trustee or director, Officer | 4 | $0 | $0 | $0 |
| ROBERT B SEGAL | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| ANDREW J SOHN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JILL STANSKY | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| THOMAS VALLE | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| SARA WILSON | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| BENJAMIN MATYS | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| MARGARET O'BRIEN BERNHARDT | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 31 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHRISTINE C SCHUSTER | PRESIDENT AND CEO Trustee or director, Officer | 4 | $0 | $1,437,869 | $249,240 |
| DAVID LAUTZ MD | PHYSICIAN Highest-paid employee | 0 | $0 | $1,541,659 | $36,422 |
| ARTHUR LEE MD | PHYSICIAN Highest-paid employee | 0 | $0 | $876,457 | $30,649 |
| SCOTT KELLEY MD | PHYSICIAN Highest-paid employee | 0 | $0 | $748,931 | $23,770 |
| MARK MOSCHELLA MD | PHYSICIAN Highest-paid employee | 0 | $0 | $708,856 | $26,049 |
| JAMES SPINELLI MD | PHYSICIAN Highest-paid employee | 0 | $0 | $708,472 | $13,545 |
| KARL F KUSSIN | CHIEF PHILANTHROPY OFFICER Trustee or director, Officer | 50 | $0 | $326,187 | $17,891 |
| JOHN LIBERTINO MD | FORMER DIRECTOR Former | 4 | $0 | $250,012 | $0 |
| KENNETH ANDERSON JR | TREASURER Trustee or director, Officer | 4 | $0 | $0 | $0 |
| WILLIAM P BOGER III MD | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JEFFREY S CAMPBELL | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| LIZA CAREY | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| STEPHEN W CARR | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| GLORIA L CLOUGH | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| DANNY COSTA | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| CHARLES A DENAULT | CHAIR Trustee or director, Officer | 4 | $0 | $0 | $0 |
| DEBORAH A GREENE MD | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| DENISE HAARTZ | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| PHILIP S LOTANE | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| LYNN MARTIN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| KAREN MCGINN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JOSHUA M NELSON | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 | $0 |
| KIMBERLY PATENAUDE | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| SANDRA A SCHELZI | SECRETARY Trustee or director, Officer | 4 | $0 | $0 | $0 |
| ROBERT B SEGAL | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| ANDREW J SOHN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JILL STANSKY | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| JACK MACKEEN | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| BEN MATYS | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| THOMAS VALLE | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| SARA WILSON | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- OLD ROAD TO NINE ACRE CORNER, CONCORD, MA 01742-0000
- Principal officer (990 for 2024)
- Scott Kosowicz, 133 OLD ROAD TO 9 ACRE COR, CONCORD, MA 01742
- Signed the 990
- Scott Kosowicz, Chief Financial Officer
- Phone
- (978) 287-3225
Mission
EMERSON HEALTH CARE FOUNDATION INC PROVIDES PHILANTHROPIC RESOURCES TO ASSIST EMERSON HEALTH SYSTEM INC AND EMERSON HOSPITAL IN FULFILLING THEIR MISSION OF IMPROVING THE HEALTH STATUS OF THE PEOPLE IN THE COMMUNITIES IT SERVES. THROUGH THE ON-GOING CULTIVATION OF RELATIONSHIPS THE FOUNDATION LEADERSHIP WILL STRIVE TO CREATE THE WILLINGESS AS WELL AS THE MEANS THROUGH WHICH EMERSON HOSPITALS CONSTITUENTS WILL FINANCIALLY SUPPORT THE FACILITY EQUIPMENT OPERATIONAL EDUCATIONAL AND PROGRAMMATIC NEEDS OF THE HOSPITAL. THE FOUNDATION WILL STRIVE CONTINUALLY TO EXPAND THE BASE OF ANNUAL PHALANTHROPIC SUPPORT AND BUILD AN ENDOWMENT TO ENSURE THE COMMUNITYS FUTURE HEALTH CARE NEEDS.
Program accomplishments
- EMERSON HEALTH CARE FOUNDATION IS AN ORGANIZATION THAT SUPPORTS FUNDRAISING EFFORTS FOR EMERSON HOSPITAL.0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 04-2770980
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1983
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E32Z)
- Assets (IRS master file)
- $29,331,831
- Income (IRS master file)
- $7,899,423
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $7,803,932 | $1,087,202 | $29,331,831 | XML |
| 990 | September 2024 | $6,198,981 | $1,100,000 | $19,107,791 | XML |
| 990 | September 2023 | $4,614,150 | $1,197,947 | $12,205,475 | XML |
| 990 | September 2022 | $9,746,516 | $2,118,767 | $10,339,772 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-2770980).
Questions about EMERSON HEALTH CARE FOUNDATION INC
- What is the EIN of EMERSON HEALTH CARE FOUNDATION INC?
- The employer identification number (EIN) of EMERSON HEALTH CARE FOUNDATION INC is 04-2770980.
- Is EMERSON HEALTH CARE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to EMERSON HEALTH CARE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does EMERSON HEALTH CARE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EMERSON HEALTH CARE FOUNDATION INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EMERSON HEALTH CARE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of EMERSON HEALTH CARE FOUNDATION INC?
- The 990 for the year ended September 30, 2025 names Scott Kosowicz.
- Who are the officers and directors of EMERSON HEALTH CARE FOUNDATION INC?
- The 990 for the year ended September 30, 2025 lists 31 people; 0 received compensation from the organization.
- How much revenue does EMERSON HEALTH CARE FOUNDATION INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $7,803,932, expenses of $1,087,202 and total assets of $29,331,831 at year end.
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- EMERSON HOSPITAL EIN 04-2103565 · last filed 990 for 2025
- EMERSON PRACTICE ASSOCIATES INC EIN 04-3111240 · last filed 990 for 2025
- NEW ENGLAND DEACONESS ASSOCIATION EIN 04-2104763 · last filed 990 for 2024
- RADICAL HOPE INC EIN 82-4420567 · last filed 990 for 2025
- EXTRA STEPS PEDIATRIC THERAPIES INC EIN 82-5141398 · last filed 990 for 2025
- ALLPATHS FAMILY BUILDING INC EIN 04-3266589 · last filed 990 for 2024
- BEAR SPOT FOUNDATION FOR EQUINE FACILITATED PSYCHOTHERAPY INC EIN 03-0528853 · last filed 990 for 2025
- CONCERNED CITIZENS FOR THE APPROPRIATE PLACEMENT OF TELECOMMU EIN 03-0351405 · last filed 990-N for 2023