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Nonprofit · EIN 46-3556853

BMC HEALTH SYSTEM

Tax-exempt · BOSTON, MA 02118

Financials

$299.6M$292.2M2022$275.2M$273M2023$298.3M$313M2024
Revenue Expenses · by fiscal year end
Financials of BMC HEALTH SYSTEM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$298,344,526$313,041,155-$14,696,629$53,855,995$51,072,181$2,783,814
September 30, 2024990$275,159,627$272,956,947$2,202,680$50,816,540$33,336,097$17,480,443
September 30, 2023990$299,557,088$292,162,502$7,394,586$48,781,842$33,504,079$15,277,763
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$417,955
Investment income
$512,460
Other revenue
$297,414,111

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$148,788,124
Salaries, compensation and benefits (total)
$180,904,349
Professional fundraising fees
$0
Legal fees
$2,379,275
Accounting fees
$1,512,555
Occupancy
$7,075,414
Travel
$1,426,097
Depreciation
$666,255
Program services (functional)
$278,697,731
Management and general (functional)
$34,343,424

Balance sheet and other

Total assets, start of year
$50,816,540
Total assets, end of year
$53,855,995
Total liabilities, end of year
$51,072,181
Net assets, end of year
$2,783,814
Land, buildings and equipment
$5,191,321
Net assets without donor restrictions
$2,783,814
Gross unrelated business income
$31,556,006
Gross receipts
$298,344,526
Employees
0
Volunteers
18
Year formed
2013
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALASTAIR BELL MDPRESIDENT/CEO
Trustee or director, Officer
1$0$1,919,294$280,079
JESSE SOUWEINEFORMER TREASURER
Former
0$0$718,620$71,281
DAVID BECK ESQCLERK
Officer
1$0$730,210$58,015
TERRI NEWSOMFORMER TREASURER
Former
0$0$652,826$9,121
ANKUR AGRAWALTREASURER/CFO
Officer
1$0$374,760$3,757
MARK NUNNELLYCHAIR -> 12/10/24,TRUSTEE -> 6/10/25
Trustee or director, Officer
1$0$0$0
DAVID AMENTCHAIR (AS OF 12/10/24)
Trustee or director, Officer
1$0$0$0
MATTHEW BOTEINTRUSTEE (THRU 12/20/24)
Trustee or director
1$0$0$0
WILLIAM CREEVY MDTRUSTEE
Trustee or director
1$0$0$0
RANDI CUTLERTRUSTEE (THRU 5/13/25)
Trustee or director
1$0$0$0
TRICIA GLYNNTRUSTEE
Trustee or director
1$0$0$0
MARIANNE HARRISONTRUSTEE
Trustee or director
1$0$0$0
RICHARD MARKSTRUSTEE
Trustee or director
1$0$0$0
MONICA NOETHER PHDTRUSTEE
Trustee or director
1$0$0$0
MARTHA SAMUELSONTRUSTEE
Trustee or director
1$0$0$0
7 more people on this return
NameTitleHours / weekCompensation
JEFFREY SCHWARTZTRUSTEE (AS OF 9/9/25)
Trustee or director
1$0
PATRICK SMITHTRUSTEE (AS OF 12/20/24)
Trustee or director
1$0
ROBERT SWEETTRUSTEE
Trustee or director
1$0
MARK TABERTRUSTEE
Trustee or director
1$0
TED TRUSCOTTTRUSTEE (AS OF 6/10/25)
Trustee or director
1$0
GREGORY WILMOTTRUSTEE (12/10/24-4/2/25)
Trustee or director
1$0
ANDREW YOUNISSTRUSTEE
Trustee or director
1$0
990 for the year ended September 30, 2024: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALASTAIR BELL MDPRESIDENT/CEO/TRUSTEE
Trustee or director, Officer
1$0$1,769,199$180,077
TERRI NEWSOMTREASURER (THRU 07/01/24)
Officer
1$0$809,132$114,386
DAVID BECK ESQCLERK
Officer
1$0$681,033$56,003
KATHLEEN E WALSHFORMER PRESIDENT
Former
0$0$583,594$5,611
JESSE SOUWEINETREASURER (07/01/24-09/10/24)
Officer
1$0$184,790$9,325
DAVID AMENTTRUSTEE
Trustee or director
1$0$0$0
MATTHEW BOTEINTRUSTEE
Trustee or director
1$0$0$0
SANDRA COTTERELLTRUSTEE (THRU 08/21/24)
Trustee or director
1$0$0$0
WILLIAM CREEVY MDTRUSTEE
Trustee or director
1$0$0$0
RANDI CUTLERTRUSTEE
Trustee or director
1$0$0$0
TRICIA GLYNNTRUSTEE
Trustee or director
1$0$0$0
MARIANNE HARRISONTRUSTEE
Trustee or director
1$0$0$0
ANTHONY HOLLENBERG MDTRUSTEE (THRU 05/01/24)
Trustee or director
1$0$0$0
RICHARD MARKSTRUSTEE
Trustee or director
1$0$0$0
MONICA NOETHER PHDTRUSTEE
Trustee or director
1$0$0$0
MARK NUNNELLYTRUSTEE/CHAIR
Trustee or director, Officer
1$0$0$0
MARTHA SAMUELSONTRUSTEE
Trustee or director
1$0$0$0
ROBERT SWEETTRUSTEE
Trustee or director
1$0$0$0
MARK TABERTRUSTEE
Trustee or director
1$0$0$0
ANDREW YOUNISSTRUSTEE
Trustee or director
1$0$0$0
ANKUR AGRAWALTREASURER (AS OF 09/10/24)
Officer
1$0$0$0
990 for the year ended September 30, 2023: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KATHLEEN E WALSHPRESIDENT/CEO/TRUSTEE (THRU 02/28/23)
Trustee or director, Officer
1$0$2,255,596$28,166
ALASTAIR BELL MDPRESIDENT/CEO/TRUSTEE (AS OF 03/1/23)
Trustee or director, Officer
1$0$1,297,429$156,500
TERRI NEWSOMTREASURER
Officer
1$0$846,135$139,712
DAVID BECK ESQCLERK
Officer
1$0$628,000$52,061
DAVID AMENTTRUSTEE
Trustee or director
1$0$0$0
MATTHEW BOTEINTRUSTEE
Trustee or director
1$0$0$0
SANDRA COTTERELLTRUSTEE
Trustee or director
1$0$0$0
STACY COWANTRUSTEE (THRU 09/12/23)
Trustee or director
1$0$0$0
WILLIAM CREEVY MDTRUSTEE
Trustee or director
1$0$0$0
RANDI CUTLERTRUSTEE
Trustee or director
1$0$0$0
TRICIA GLYNNTRUSTEE
Trustee or director
1$0$0$0
MARIANNE HARRISONTRUSTEE
Trustee or director
1$0$0$0
ANTHONY HOLLENBERG MDTRUSTEE (AS OF 06/13/23)
Trustee or director
1$0$0$0
RICHARD MARKSTRUSTEE
Trustee or director
1$0$0$0
VALERIE MOSLEYTRUSTEE (THRU 02/16/23)
Trustee or director
1$0$0$0
MONICA NOETHER PHDTRUSTEE
Trustee or director
1$0$0$0
MARK NUNNELLYTRUSTEE/CHAIR
Trustee or director, Officer
1$0$0$0
MARTHA SAMUELSONTRUSTEE
Trustee or director
1$0$0$0
ROBERT SWEETTRUSTEE
Trustee or director
1$0$0$0
MARK TABERTRUSTEE (AS OF 07/11/23)
Trustee or director
1$0$0$0
ANDREW YOUNISSTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1 BOSTON MEDICAL CTR PL, BOSTON, MA 02118-2908
In care of
% KAREN G FINE
Principal officer (990 for 2024)
ALASTAIR BELL MD, ONE BOSTON MEDICAL CENTER PLACE, BOSTON, MA 02118
Signed the 990
ANKUR AGRAWAL, TREASURER/CFO
Phone
(617) 638-7901
Return prepared by
KPMG LLP

Mission

BMC HEALTH SYSTEM, INC.'S MISSION IS TO PROVIDE GOVERNANCE, LONG-TERM STRATEGIC PLANNING, AND BUDGETARY AND FINANCIAL ASSISTANCE FOR BOSTON MEDICAL CENTER HOSPITALS AND OTHER AFFILIATES THAT SHARE THEIR MISSION TO SUPPORT BOSTON MEDICAL CENTER CORPORATION.

990 for the year ended September 30, 2025

Program accomplishments

  • SINCE ITS FORMATION ON JULY 1, 2013, BMC HEALTH SYSTEM, INC. HAS, IN ACCORDANCE WITH ITS MISSION, PROVIDED GOVERNANCE, STRATEGIC PLANNING, AND BUDGETARY ASSISTANCE FOR BOSTON MEDICAL CENTER HOSPITAL AND OTHER AFFILIATES THAT SHARE AS THEIR MISSION SUPPORT OF BMC.
    Expenses $278,697,731 · revenue $266,101,931

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 yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
46-3556853
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E11)
Assets (IRS master file)
$53,855,995
Income (IRS master file)
$298,344,526

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$298,344,526$313,041,155$53,855,995XML
990-TSeptember 2025–––IRS
990September 2024$275,159,627$272,956,947$50,816,540XML
990-TSeptember 2024–––IRS
990September 2023$299,557,088$292,162,502$48,781,842XML
990-TSeptember 2023–––IRS
990September 2022$234,822,561$234,205,395$36,520,974IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 46-3556853).

Questions about BMC HEALTH SYSTEM

What is the EIN of BMC HEALTH SYSTEM?
The employer identification number (EIN) of BMC HEALTH SYSTEM is 46-3556853.
Is BMC HEALTH SYSTEM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to BMC HEALTH SYSTEM tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does BMC HEALTH SYSTEM 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 BMC HEALTH SYSTEM due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BMC HEALTH SYSTEM 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 BMC HEALTH SYSTEM?
The 990 for the year ended September 30, 2025 names ALASTAIR BELL MD.
Who are the officers and directors of BMC HEALTH SYSTEM?
The 990 for the year ended September 30, 2025 lists 22 people; 0 received compensation from the organization.
How much revenue does BMC HEALTH SYSTEM have?
On its 990 for the year ended September 30, 2025 it reported revenue of $298,344,526, expenses of $313,041,155 and total assets of $53,855,995 at year end.

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