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Nonprofit · EIN 04-3189108

MANAGED HEALTH RESOURCES INC

Tax-exempt · SOMERVILLE, MA 02143

Financials

$10.2M$10.1M2022$10.3M$10.5M2023$10.7M$10.1M2024
Revenue Expenses · by fiscal year end
Financials of MANAGED HEALTH RESOURCES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,737,463$10,115,111$622,352$4,369,909$1,006,290$3,363,619
December 31, 2023990$10,329,423$10,503,451-$174,028$3,924,677$1,183,410$2,741,267
December 31, 2022990$10,194,626$10,137,167$57,459$4,350,485$1,314,545$3,035,940
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$10,677,135
Investment income
$50,187
Other revenue
$10,141

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$8,014,213
Salaries, compensation and benefits (total)
$9,874,549
Professional fundraising fees
$0
Legal fees
$1,224
Accounting fees
$79,653
Occupancy
$43,689
Travel
$771
Depreciation
$10,725
Program services (functional)
$9,797,366
Management and general (functional)
$317,745

Balance sheet and other

Total assets, start of year
$3,924,677
Total assets, end of year
$4,369,909
Total liabilities, end of year
$1,006,290
Net assets, end of year
$3,363,619
Land, buildings and equipment
$24,769
Net assets without donor restrictions
$3,363,619
Gross receipts
$10,737,463
Employees
208
Volunteers
0
Year formed
1993
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LINDA S CORNELLPRESIDENT/CEO
Trustee or director, Officer
40$293,668$68,150
JACOB SAUERBORNCFO, DIRECTOR
Trustee or director, Officer
40$134,698$16,917
GLEISIANY MIHOCNURSE
Highest-paid employee
40$147,607$0
MARYANNE GUILLEMETTECLINICAL DIRECTOR
Highest-paid employee
40$109,676$16,917
JUDITH DAYSITE DIRECTOR
Highest-paid employee
40$108,734$0
LAURA A MCGAFFIGANPHYSICAL THERAPIST
Highest-paid employee
40$108,130$0
ERIN M O'BRIENNURSE
Highest-paid employee
40$106,096$0
FRAN GAYRONCHAIRPERSON
Trustee or director, Officer
1$0$0
ELIZABETH MINASSIANVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
ELLEN O'BRIENSECRETARY
Trustee or director, Officer
1$0$0
SHIPLEY MASONTREASURER
Trustee or director, Officer
1$0$0
JOAN LANDERSDIRECTOR
Trustee or director
1$0$0
ROBERT DITUCCIDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
LINDA S CORNELLPRESIDENT/CEO
Trustee or director, Officer
40$332,629$73,890
JACOB SAUERBORNCFO, DIRECTOR
Trustee or director, Officer
40$142,946$5,946
GLEISIANY MIHOCNURSE
Highest-paid employee
40$137,641$0
MARYANNE GUILLEMETTECLINICAL DIRECTOR
Highest-paid employee
40$122,236$15,168
NANCY BERGERONDIRECTOR OF SALES AND MARKETING
Highest-paid employee
40$120,041$13,200
TAONGA NKHATA-ILIVEIRANURSE
Highest-paid employee
40$110,139$0
FRAN GAYRONCHAIRPERSON
Trustee or director, Officer
1$0$0
ELIZABETH MINASSIANVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
ELLEN O'BRIENSECRETARY
Trustee or director, Officer
1$0$0
SHIPLEY MASONTREASURER
Trustee or director, Officer
1$0$0
JOAN LANDERSDIRECTOR
Trustee or director
1$0$0
ROBERT DITUCCIDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2022: 11 people
NameTitleHours / weekCompensationOther / benefits
LINDA S CORNELLPRESIDENT/CEO
Trustee or director, Officer
40$243,191$80,696
NANCY BERGERONDIRECTOR OF SALES AND MARK
Highest-paid employee
40$192,927$1,505
JACOB SAUERBORNCFO, DIRECTOR
Trustee or director, Officer
40$115,259$32,925
MARYANNE GUILLEMETTECLINICAL DIRECTOR
Highest-paid employee
40$119,841$17,201
MONIQUE HILLMEDICAL DOCUMENTATION REVIEWER
Highest-paid employee
40$108,403$17,201
FRAN GAYRONCHAIRPERSON
Trustee or director, Officer
1$0$0
ELIZABETH MINASSIANVICE CHAIRPERSON
Trustee or director, Officer
1$0$0
ELLEN O'BRIENSECRETARY
Trustee or director, Officer
1$0$0
SHIPLEY MASONTREASURER
Trustee or director, Officer
1$0$0
JOAN LANDERSDIRECTOR
Trustee or director
1$0$0
ROBERT DITUCCIDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
186 HIGHLAND AVE, SOMERVILLE, MA 02143-1507
Principal officer (990 for 2024)
JACOB SAUERBORN, 259 LOWELL STREET, SOMERVILLE, MA 02144
Signed the 990
JACOB SAUERBORN, CFO
Phone
(617) 776-9800
Return prepared by
DANIEL DENNIS & COMPANY LLP

Mission

TO PROVIDE COMMUNITY BASED SERVICES TO THOSE IN NEED INCLUDING BUT NOT LIMITED TO HOME HEALTH CARE, AFFORDABLE HOUSING, SUPPORTIVE SERVICES AND TO SUPPORT THE CHARITABLE ACTIVITIES OF ITS AFFILIATED ORGANIZATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE MANAGEMENT SERVICES TO ITS AFFILIATED TAX EXEMPT ORGANIZATIONS
    Expenses $9,797,366 · revenue $10,687,276

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
04-3189108
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,369,909
Income (IRS master file)
$10,737,463

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,737,463$10,115,111$4,369,909XML
990December 2023$10,329,423$10,503,451$3,924,677XML
990December 2022$10,194,626$10,137,167$4,350,485XML
990December 2021–––IRS
990December 2020–––IRS
990December 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 04-3189108).

Questions about MANAGED HEALTH RESOURCES INC

What is the EIN of MANAGED HEALTH RESOURCES INC?
The employer identification number (EIN) of MANAGED HEALTH RESOURCES INC is 04-3189108.
Is MANAGED HEALTH RESOURCES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to MANAGED HEALTH RESOURCES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does MANAGED HEALTH RESOURCES 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 MANAGED HEALTH RESOURCES INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MANAGED HEALTH RESOURCES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of MANAGED HEALTH RESOURCES INC?
The 990 for the year ended December 31, 2024 names JACOB SAUERBORN.
Who are the officers and directors of MANAGED HEALTH RESOURCES INC?
The 990 for the year ended December 31, 2024 lists 13 people; 7 received compensation from the organization, the highest $293,668 (LINDA S CORNELL, PRESIDENT/CEO).
How much revenue does MANAGED HEALTH RESOURCES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,737,463, expenses of $10,115,111 and total assets of $4,369,909 at year end.

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