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Nonprofit · EIN 22-2618894

MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND

Tax-exempt · PEABODY, MA 01960

Financials

$31M$26.9M2022$31.8M$27.7M2023$32.7M$32.2M2024
Revenue Expenses · by fiscal year end
Financials of MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$32,704,075$32,240,241$463,834$94,623,257$8,903,377$85,719,880
June 30, 2024990$31,820,837$27,743,978$4,076,859$90,766,006$8,884,864$81,881,142
June 30, 2023990$30,969,948$26,936,492$4,033,456$82,514,559$8,086,631$74,427,928
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$28,764,285
Investment income
$3,918,696
Net gain from sales of assets
$1,635,006
Other revenue
$21,094

Expenses

Grants and similar amounts paid
$0
Benefits paid to members
$29,047,956
Compensation of officers, directors and key employees
$198,598
Other salaries and wages
$1,254,350
Salaries, compensation and benefits (total)
$1,822,257
Professional fundraising fees
$0
Legal fees
$56,227
Accounting fees
$44,235
Occupancy
$276,827
Depreciation
$93,804

Balance sheet and other

Total assets, start of year
$90,766,006
Total assets, end of year
$94,623,257
Total liabilities, end of year
$8,903,377
Net assets, end of year
$85,719,880
Land, buildings and equipment
$653,506
Publicly traded securities
$81,073,949
Gross receipts
$54,877,099
Employees
17
Volunteers
0
Year formed
1984
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SUSAN FOURNIEREXECUTIVE DIRECTOR/CEO
Officer
40$194,207$11,559
DIVYA UPADHYAYDENTIST
Highest-paid employee
40$161,830$43,897
KAREN MARTINDIRECTOR OF INFORMATION SY
Highest-paid employee
40$143,006$29,896
PRIYA CHERUVATHURDENTIST
Highest-paid employee
40$118,931$31,418
SCOTT D DAVISSENIOR SOFTWARE ENGINEER
Highest-paid employee
40$115,099$27,118
MARK BERNARDTRUSTEE/CO-CHAIR
Trustee or director
2$0$0
MATTHEW HALETRUSTEE/CO-CHAIR
Trustee or director
2$0$0
LINDA DELUCATRUSTEE
Trustee or director
2$0$0
MATTHEW KANETRUSTEE
Trustee or director
2$0$0
MICHAEL GRUNKOTRUSTEE
Trustee or director
2$0$0
DIANNE CANAVANTRUSTEE
Trustee or director
2$0$0
MELISSA A THOMSONTRUSTEE
Trustee or director
2$0$0
MATTHEW COLETRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
SUSAN FOURNIEREXECUTIVE DIRECTOR/CEO
Officer
40$263,539$22,749
KAREN MARTINDIRECTOR OF INFORMATION SY
Highest-paid employee
40$133,031$28,746
SCOTT D DAVISSENIOR SOFTWARE ENGINEER
Highest-paid employee
40$108,031$26,113
MARK BERNARDTRUSTEE/CO-CHAIR
Trustee or director
2$0$0
MATTHEW HALETRUSTEE/CO-CHAIR
Trustee or director
2$0$0
LINDA DELUCATRUSTEE
Trustee or director
2$0$0
MATTHEW KANETRUSTEE
Trustee or director
2$0$0
ERICA CRYSTALTRUSTEE
Trustee or director
2$0$0
DIANNE CANAVANTRUSTEE
Trustee or director
2$0$0
MICHAEL GRUNKOTRUSTEE
Trustee or director
2$0$0
MATTHEW COLETRUSTEE
Trustee or director
2$0$0
990 for the year ended June 30, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
BRIAN B NOVYCHIEF DENTAL OFFICER
Highest-paid employee
40$220,003$30,911
SUSAN FOURNIEREXECUTIVE DIRECTOR/CEO
Officer
40$174,239$26,535
KAREN MARTINDIRECTOR OF INFORMATION SY
Highest-paid employee
40$119,624$25,013
SCOTT D DAVISSENIOR SOFTWARE ENGINEER
Highest-paid employee
40$100,939$23,095
MARK BERNARDTRUSTEE/CO-CHAIR
Trustee or director
2$0$0
MATTHEW HALETRUSTEE/CO-CHAIR
Trustee or director
2$0$0
LINDA DELUCATRUSTEE
Trustee or director
2$0$0
CHERI ANTELOTRUSTEE
Trustee or director
2$0$0
MATTHEW KANETRUSTEE
Trustee or director
2$0$0
MICHAEL MURRAYTRUSTEE
Trustee or director
2$0$0
ERICA CRYSTALTRUSTEE
Trustee or director
2$0$0
DIANNE CANAVANTRUSTEE
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
8 ESSEX CENTER DR STE 3, PEABODY, MA 01960-2931
Principal officer (990 for 2024)
SUSAN FOURNIER, 8 ESSEX CENTER DRIVE 3RD FLOOR, PEABODY, MA 01960
Signed the 990
SUSAN FOURNIER, EXECUTIVE DIRECTOR/CEO
Phone
(617) 426-4440
Return prepared by
MANZI & ASSOCIATES LLC

Mission

TO PROVIDE AND ADMINISTER BENEFITS.

990 for the year ended June 30, 2025

Program accomplishments

  • TO PROVIDE AND ADMINISTER THE PLANS OF DENTAL AND VISION BENEFITS FOR AN ESTIMATED 35,000 MEMBERS.

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-2618894
Tax-exempt status
501(c)(9): Voluntary employees' beneficiary association
Donations deductible
No
Exempt since
1985
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E81Z)
Assets (IRS master file)
$94,623,257
Income (IRS master file)
$54,877,099

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$32,704,075$32,240,241$94,623,257IRS
990June 2024$31,820,837$27,743,978$90,766,006IRS
990June 2023$30,969,948$26,936,492$82,514,559XML
990June 2022$29,841,958$25,497,535$74,457,574IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 22-2618894).

Questions about MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND

What is the EIN of MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND?
The employer identification number (EIN) of MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND is 22-2618894.
Is MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(9) since 1985.
Are donations to MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND 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 MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND?
The 990 for the year ended June 30, 2025 names SUSAN FOURNIER.
Who are the officers and directors of MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND?
The 990 for the year ended June 30, 2025 lists 13 people; 5 received compensation from the organization, the highest $194,207 (SUSAN FOURNIER, EXECUTIVE DIRECTOR/CEO).
How much revenue does MASSACHUSETTS PUBLIC EMPLOYEES HEALTH & WELFARE FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $32,704,075, expenses of $32,240,241 and total assets of $94,623,257 at year end.

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