2022-08-15T22:13:35-05:00 2021-09-30 861065772 DELOITTE TAX LLP TWO JERICHO PLAZA JERICHO NY 11753 990 2020-10-01 050398822 SOUTH SHORE PROPERTY INC SOUT 7816248000 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 KRISTINE HANSCOM SVP & CFO 7816248000 2022-08-15 1 KRISTINE HANSCOM 999009999 CHRISTINE A KAWECKI P00743140 5169187000 2022-08-15 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z KRISTINE HANSCOM 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 5764872 0 X NA X 1982 MA SOUTH SHORE PROPERTY ACQUIRES, MANAGES AND DEVELOPS REAL PROPERTY FOR USE IN CARRYING OUT THE TAX-EXEMPT PURPOSES OF THE ORGANIZATION'S PARENT COMPANY AND AFFILIATES. 13 10 0 10 0 0 0 0 5702757 5724644 184638 40132 0 96 5887395 5764872 0 0 0 0 0 0 0 0 0 4380678 4829630 4380678 4829630 1506717 935242 66126431 64321877 55077877 52338081 11048554 11983796 SOUTH SHORE PROPERTY ACQUIRES, MANAGES AND DEVELOPS REAL PROPERTY FOR USE IN CARRYING OUT THE TAX-EXEMPT PURPOSES OF THE ORGANIZATION'S PARENT COMPANY AND AFFILIATES. 0 0 2738047 5724644 SOUTH SHORE PROPERTY, INC. DEVELOPED AND MANAGES THE AMBULATORY CANCER CENTER ADJACENT TO SOUTH SHORE HOSPITAL, A RELATED ORGANIZATION. 2738047 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 6 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 10 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 1 1 MA X KRISTINE HANSCOM 7816248166 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 ROSE DIPIETRO PRESIDENT/CEO THROUGH 12/31/20 0.50 44.00 X X 0 802082 10232 KIMBERLY DEVER MD DIRECTOR, CHIEF OB/GYN 0.50 43.00 X 0 775556 36603 MICHAEL AYERS MD CHAIR PROVIDER COUNCIL THROUGH 12/31/21 0.50 44.00 X 0 281429 30502 JUSTIN CAMPBELL DIRECTOR 0.50 4.00 X 0 80000 0 KENNETH KIRKLAND CHAIR THROUGH 12/31/21 0.50 4.00 X X 0 0 0 PAMELA O'LEARY VICE CHAIR THROUGH 12/31/21 0.50 4.00 X X 0 0 0 CHRISTOPHER ODDLEIFSON DIRECTOR 0.50 4.00 X 0 0 0 HELEN GARVEY DIRECTOR 0.50 4.00 X 0 0 0 LINDA THOMPSON DIRECTOR 0.50 4.00 X 0 0 0 LISA WALSH DIRECTOR 0.50 4.00 X 0 0 0 PAUL WANTANABE DIRECTOR 0.50 4.00 X 0 0 0 PAULA L BECKER DIRECTOR 0.50 4.00 X 0 0 0 ROBERT PINEAU DIRECTOR 0.50 4.00 X 0 0 0 THOMAS MCCARTHY DIRECTOR 0.50 4.00 X 0 0 0 STEPHEN COCO TREASURER & CFO THROUGH 11/12/21 0.50 44.00 X 0 702117 376023 JOSEPH R DRISCOLL ESQ GENERAL COUNSEL/CLERK 0.50 44.00 X 0 479379 31485 PAMELA WHELTON TREASURER THROUGH 8/22/17 0.00 0.00 X 0 1222264 375293 RICHARD AUBUT CEO THROUGH 11/2/15 0.00 0.00 X 0 301848 0 GENE GREEN MD PRESIDENT/CEO THROUGH 8/12/19 0.00 0.00 X 0 113631 2906 0 4758306 863044 0 1 1 0 ROPES & GRAY LLP MAILCODE 1104 PO BOX 70280 PHILADELPHIA PA 191760280 PROFESSIONAL SERVICES 172164 1 RENTAL REVENUE 900002 5724644 5724644 5724644 40132 40132 PURCHASE DISCOUNTS 900099 96 96 96 5764872 5724644 0 40228 8400 8400 254483 254483 2738047 2738047 1820692 1820692 MISCELLANEOUS EXPENSE 7633 7633 PURCHASED LABOR 375 375 4829630 2738047 2091583 0 16811279 10050238 0 0 135168 82618 39354 42525 69197661 17968944 45983807 51228717 599832 598515 1794273 1621040 762718 698224 66126431 64321877 16453604 16016827 36830000 34620000 1794273 1701254 55077877 52338081 X 11048554 11983796 11048554 11983796 66126431 64321877 935242 0 X 0 1 X 1 0 X X 2 SOUTH SHORE HEALTH SYSTEM INC 042105926 3 1 0 0 SOUTH SHORE HOSPITAL INC 042769210 3 1 350628 0 2 350628 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 SCHEDULE A, PART I, LINE 12G: SOUTH SHORE PROPERTY, INC. DID NOT PROVIDE DIRECT MONETARY SUPPORT TO SOUTH SHORE HEALTH SYSTEM, INC. IN THE CURRENT YEAR BUT SUPPORTS THE ORGANIZATION THROUGH SPONSORSHIP OF PROGRAMS AND ADVANCEMENT OF HEALTHCARE KNOWLEDGE. 66000455 15489705 50510750 1758381 1689126 69255 1438825 790113 648712 51228717 DUE TO AFFILIATES 80214 ROU LEASE LIABILITY 1621040 1701254 X PART X, LINE 2: THE CORPORATION FOLLOWS THE PROVISIONS OF FASB ASC 740, INCOME TAXES, RELATING TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740 CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT PRESCRIBES AN UNCERTAINTY THRESHOLD AND MEASUREMENT ATTRIBUTES FOR FINANCIAL STATEMENT DISCLOSURE OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. 1 1 0 0 0 0 0 0 0 PAMELA WHELTON TREASURER THROUGH 8/22/17 0 0 0 650000 0 572264 0 354945 0 20348 0 1597557 0 576301 STEPHEN COCO TREASURER & CFO THROUGH 11/12/21 0 457749 0 221354 0 23014 0 358550 0 17473 0 1078140 0 0 ROSE DIPIETRO PRESIDENT/CEO THROUGH 12/31/20 0 705728 0 91450 0 4904 0 8550 0 1682 0 812314 0 0 KIMBERLY DEVER MD DIRECTOR, CHIEF OB/GYN 0 609002 0 137410 0 29144 0 8550 0 28053 0 812159 0 0 JOSEPH R DRISCOLL ESQ GENERAL COUNSEL/CLERK 0 397890 0 77277 0 4212 0 8550 0 22935 0 510864 0 0 MICHAEL AYERS MD CHAIR PROVIDER COUNCIL THROUGH 12/31 0 234210 0 45000 0 2219 0 8541 0 21961 0 311931 0 0 RICHARD AUBUT CEO THROUGH 11/2/15 0 301848 0 0 0 0 0 0 0 0 0 301848 0 0 GENE GREEN MD PRESIDENT/CEO THROUGH 8/12/19 0 113631 0 0 0 0 0 0 0 2906 0 116537 0 114358 PART I, LINE 3 THE PRESIDENT/CEO OF THE CORPORATION RECEIVES COMPENSATION FOR SERVICES PERFORMED FOR A RELATED ORGANIZATION. THE COMPENSATION COMMITTEE OF PARENT ORGANIZATION, SOUTH SHORE HEALTH SYSTEM, DETERMINES THE PRESIDENT'S COMPENSATION. THE COMPENSATION COMMITTEE MEETS PERIODICALLY AND ENGAGES AN INDEPENDENT EXTERNAL COMPENSATION CONSULTING FIRM TO ESTABLISH THE COMPENSATION OF KEY SYSTEM EMPLOYEES. THE CONSULTING FIRM DEVELOPS AND PRESENTS ALL MATERIALS INCLUDING MARKET TRENDS, COMPENSATION STUDIES AND SURVEYS, AND ADHERES TO BEST PRACTICE GUIDELINES. THE FINAL RECOMMENDATION FOR COMPENSATION CHANGES IS PRESENTED AND APPROVED BY THE ENTIRE INDEPENDENT COMMUNITY OF THE BOARD OF DIRECTORS. PART I, LINES 4A-B IN 2020, PAMELA WHELTON RECEIVED $571,215 AND GENE GREEN RECEIVED $113,631 IN SALARY CONTINUATION PAY FROM SOUTH SHORE HOSPITAL, A RELATED ORGANIZATION. SOUTH SHORE HOSPITAL HAS ESTABLISHED SPLIT DOLLAR ARRANGEMENTS FOR THE INDIVIDUALS LISTED BELOW. THE PREMIUMS PAID INTO THESE POLICIES BY SOUTH SHORE HOSPITAL ARE DEEMED TO BE LOANED TO THESE INDIVIDUALS AND THEREFORE SUBJECT TO INCOME TAX ON THE IMPUTED INTEREST ASSOCIATED WITH THE LOANS. JOSEPH DRISCOLL, STEPHEN COCO, AND KIMBERLY DEVER PARTICIPATED IN THE PLAN. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431914 000000000 2020-06-26 37370000 TO REFINANCE SSP SERIES A BONDS (6/3/2008) 0 0 0 A 2750000 37370000 37370000 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 2 KENNETH KIRKLAND AND THOMAS MCCARTHY HAVE A BUSINESS RELATIONSHIP. IN ADDITION, OTHER PERSONS LISTED IN PART VII HAVE A "BUSINESS RELATIONSHIP" WITH ONE ANOTHER DUE TO THE OVERLAPPING BOARD STRUCTURE OF SOUTH SHORE HEALTH SYSTEM AND ITS RELATED ENTITIES. FORM 990, PART VI, SECTION A, LINE 6 SOUTH SHORE HEALTH SYSTEM, INC., AN AFFILIATE, IS THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A OFFICERS AND DIRECTORS ARE ELECTED ANNUALLY BY A BOARD VOTE OF THE SOLE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS PREPARED INTERNALLY AND REVIEWED BY THE TAX PRACTICE OF ITS INDEPENDENT AUDITORS. THE RETURN IS THEN REVIEWED BY THE TREASURER. FORM 990 IS UPLOADED TO THE GOVERNING BOARD'S WEB PORTAL FOR ALL BOD MEMBERS TO REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST FORM ANNUALLY. THE FORMS ARE REVIEWED FOR CONFLICTS OR POTENTIAL CONFLICTS. BOARD MEMBERS ABSTAIN FROM VOTING ON MATTERS THAT PRESENT A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 SOUTH SHORE HEALTH SYSTEM (SSHS), PARENT OF SOUTH SHORE PROPERTY, HAS A COMPENSATION COMMITTEE THAT SETS THE COMPENSATION PHILOSOPHY AND PAY APPROACH FOR THE EXECUTIVE TEAM AND MAKES COMPENSATION DECISIONS FOR THE PRESIDENT/CEO. UTILIZING THE ESTABLISHED PHILOSOPHY AND APPROACH, THE COMMITTEE DELEGATES COMPENSATION DECISIONS FOR THE REST OF THE EXECUTIVE TEAM TO THE PRESIDENT/CEO. THE COMPENSATION COMMITTEE MEETS PERIODICALLY, IS INDEPENDENT AND CONSISTS SOLELY OF MEMBERS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH REGARDS TO COMPENSATION MATTERS. SSHS UTILIZES AN INDEPENDENT OUTSIDE CONSULTANT TO DETERMINE EXECUTIVE COMPENSATION FOR THE PRESIDENT/CEO, AS WELL AS OTHER MEMBERS OF THE EXECUTIVE TEAM. THE CONSULTANT PRESENTS RELEVANT DATA REGARDING SYSTEM EXECUTIVES TO THE COMMITTEE FOR REVIEW, AND APPROVAL FOR THE PRESIDENT/CEO. ALL DATA PRESENTED, AS WELL AS COMPENSATION DELIBERATIONS AND VOTES, IS DOCUMENTED IN THE COMPENSATION COMMITTEE MINUTES. THE BOARD'S REVIEW AND APPROVAL PROCESS TAKES PLACE ANNUALLY FOR IMPLEMENTATION AT THE START OF THE NEW FISCAL YEAR. COMPENSATION DECISIONS FOR ALL OTHER HOSPITAL EMPLOYEES, INCLUDING KEY EMPLOYEES, ARE ALSO MADE ANNUALLY AND ARE BASED ON A REVIEW OF COMPARABLE INDUSTRY DATA, MARKET CONDITIONS AND RESEARCH PROVIDED BY OUTSIDE CONSULTANTS. FORM 990, PART VI, SECTION C, LINE 19 SOUTH SHORE PROPERTY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR INSPECTION AT THE CORPORATION'S OFFICE. COPIES OF THESE DOCUMENTS ARE ALSO AVAILABLE UPON REQUEST. IN ADDITION, CERTAIN GOVERNING DOCUMENTS ARE ALSO AVAILABLE THROUGH THE MASSACHUSETTS SECRETARY OF THE COMMONWEALTH'S CORPORATIONS DIVISION DATABASE. SOUTH SHORE HOSPITAL INC 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 042769210 HOSPITAL MA 501(C)(3) 3 SOUTH SHORE HEALTH SYSTEM INC 0 SOUTH SHORE HEALTH SYSTEM INC 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 042105926 SUPPORTS THE CHARITABLE MISSION OF SOUTH SHORE HOSPITAL AND ITS AFFILIATES MA 501(C)(3) 12B, II N/A 0 COASTAL MEDICAL ASSOCIATES INC 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 043170333 PROVIDES SPECIALIZED MEDICAL CARE MA 501(C)(3) 3 SOUTH SHORE HEALTH SYSTEM INC 0 METROSOUTH OBSTETRICS & GYNECOLOGY INC 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 330998957 PROVIDES SPECIALIZED MEDICAL CARE MA 501(C)(3) 3 SOUTH SHORE HOSPITAL INC 0 SOUTH SHORE MEDICAL CENTER INC 143 LONGWATER DRIVE NORWELL MA 02061 042297845 SPECIALIZED AND PRIMARY MEDICAL CARE MA 501(C)(3) 10 COASTAL MEDICAL ASSOCIATES INC 0 ATLANTIC WOMEN'S HEALTH INC 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 200156651 PROVIDES SPECIALIZED MEDICAL CARE MA 501(C)(3) 3 SOUTH SHORE HOSPITAL INC 0 SOUTH SHORE HEALTH EXPRESS INC 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 452385865 OPERATES MEDICAL URGENT CARE CENTERS MA 501(C)(3) 10 COASTAL MEDICAL ASSOCIATES INC 0 CONNECTED CARE OF SOUTHEASTERN MASSACHUSETTS INC 55 FOGG ROAD SOUTH WEYMOUTH MA 02190 823503666 OPERATES AN ACCOUNTABLE CARE ORGANIZATION MA 501(C)(3) 10 SOUTH SHORE HEALTH SYSTEM INC 0 INTEGRATED DELIVERY NETWORK INC 55 FOGG RD SOUTH WEYMOUTH MA 02190 852785921 TO DEVELOP & MAINTAIN A NETWORK OF PROVIDERS FOR DELIVERY OF HEALHCARE SERV MA N/A C 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 0 1 0 0 0