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Charity Math
The 990 read · EIN 04-2526194 · MA · Fiscal year FY ending Jun 2025

Servicenet

Servicenet Inc: CEO salary, finances and where donations go

In its own words

“We provide people with effective support, treatments, and strategies so they may live their lives to the fullest.”

Data only Figures straight from the filing, screened by our rules. Not yet reviewed in depth by a CPA.

Methodology by Amir Arani, CPA, CA · Updated

Top pay
$309K Susan L Stubbs, 0.2% of spending
Revenue
$150.3M 85.7% from donations and grants
Spent
$133.9M 89% on programs, as reported
Net assets
$62.1M end of FY ending Jun 2025
Savings
5.6 months of spending, net assets ÷ spending
People
2,405 employees, 35 volunteers
Form 990 (FY ending Jun 2025), Parts I, VII, IX, X
01 · Red flags

No red flags in its latest filing.

We screen every filing against twelve rules. A flag is a prompt for a closer look, not a finding of wrongdoing.

No reported asset diversions, no insider transactions, no fundraisers keeping most of the money, and the governance policies we check for are in place.

02 · Where $1 goes · FY ending Jun 2025

Of each dollar it spent, 89.0¢ went to programs, as reported.

The split the charity filed.
89.0¢
Programs, $119.1M
0.0¢
Fundraising, $0K
11.0¢
Admin, $14.7M
Form 990 (FY ending Jun 2025), Part IX, line 25
Cost to raise $1
0¢
as reported

For each dollar donated, Servicenet spent 0¢ on fundraising.

Fundraising ÷ $128.8M contributions · Form 990 Parts VIII, IX
03 · What it does

What it told the IRS it spent on.

The charity's own description of its largest programs, with what each cost.

Program 1 · 67.6% of program spending $80.5M

Development and brain injury services - a full continuum of community residential and support programs designed to fulfill the needs of the developmentally challenged individuals and those who have sustained acquired or traumatic brain injury.

Program 2 · 8.3% of program spending $9.9M

Outpatient and health services - outpatient psychotherapy, medication and outreach services to children, adolescents and adults.

Program 3 · 1.7% of program spending $2.0M

Substance use residential services - residential and support services for individuals with substance addiction issues.

Program 4 · 4.8% of program spending $5.7M

Shelter and housing services - support for families and individuals who are homeless, at risk of homelessness or who have previously been homeless. Our network of drop-in centers and housing options provides a range of services that promote and assist.

Program 5 · 4.4% of program spending $5.3M

Vocational services - this program encompasses a dedicated group of staff devoted to helping individuals with disabilities find and maintain meaningful employment.

Form 990 (FY ending Jun 2025), Part III
04 · The savings

Net assets: $4.3M to $62.1M in 11 years.

Net assets at each fiscal year end, 2013 to 2025.

Net assets at year end, $ millions
4
5
6
8
9
8
8
9
13
19
25
62
Form 990 history via ProPublicaForm 990 (FY ending Jun 2025)
05 · Who gets paid

The 8 highest-paid people.

Reportable pay in FY ending Jun 2025, from the charity and related organizations.

Susan L Stubbs
President & CEO (until 12/24)
$309,289
Kathleen M Hershon
Medical Director
$278,262
Bruno Calouro
SVP of Ops/ Pres & CEO (as of 1/25)
$245,975
Abbas Hamdan
SVP Dev & Brain Injury Services
$224,645
Connor R Burgess
SVP of Properties
$155,820
David a Waldren
Site Manager
$153,197
Julie a Elias
VP Mental Health Rec Svcs
$149,891
Florence Fortier
Counselor
$145,706
Form 990 (FY ending Jun 2025), Part VII, Section A
Largest outside contractors
ContractorServicePaid
Hillside Builders & Remodelers LLCGeneral contractor$1,574,733
John Hart ElectricElectrical contractor$410,481
Kent Hesse MdMedical consultant$254,040
Form 990 (FY ending Jun 2025), Part VII, Section B
06 · Questions

The questions people ask about the Servicenet.

Short, sourced answers. Each one stands on its own.

How much does the Servicenet CEO make?

Susan L Stubbs, President & CEO (until 12/24), received $309,289 in reportable compensation in FY ending Jun 2025, 0.2% of Servicenet's $133.9M in spending.

Form 990 (FY ending Jun 2025), Part VII

What percentage of Servicenet donations go to programs?

Servicenet reported 89% of FY ending Jun 2025 spending as programs, 0% as fundraising and 11% as management.

Form 990 (FY ending Jun 2025), Part IX

How much money does Servicenet have?

Net assets were $62.1M at the end of FY ending Jun 2025, about 5.6 months of spending.

Form 990 (FY ending Jun 2025), Part X

Does Servicenet have any red flags in its filing?

Its latest Form 990 triggered none of our twelve screening rules, which cover reported asset diversions, insider transactions, fundraiser costs, governance policies and spending patterns.

Form 990 (FY ending Jun 2025)
07 · Sources and citing

Every number, traced.

  1. Servicenet Form 990, FY ending Jun 2025 (IRS e-file)
  2. Servicenet Form 990 history (ProPublica Nonprofit Explorer)
Cite this page

Amir Arani, “Servicenet: CEO salary, finances and where your dollar goes,” Charity Math, updated 2026-11-07. https://charitymath.com/charities/servicenet/