STURDY HEALTH INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
STURDY HEALTH INC (EIN 04-2709501)
Tax period
2019-10-01 to 2020-09-30
Filed
2021-07-29
IRS object ID
202112109349301651
Schema version
2019v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-07-29T14:58:35-05:00ReturnTs
Tax Period End2020-09-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN366055558PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line175 STATE STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02109ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-10-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042709501EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1STURDY MEMORIAL ASSOCIATES INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSTURBusinessNameControlTxt
Phone5082225200PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 PARK STREET PO BOX 2963AddressLine1Txt
CityATTLEBOROCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02703ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAMY PFEFFERPersonNm
Person TitleCFOPersonTitleTxt
Phone5082225200PhoneNum
Signature2021-07-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonERIN COUTUREPreparerPersonNm
PTINP01390592PTIN
Phone6177237900PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOSEPH FX CASEYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 PARK STREET PO BOX 2963AddressLine1Txt
CityATTLEBOROCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02703ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$65,939,648GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.STURDYMEMORIAL.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1980FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTO EXPAND AND IMPROVE THE AVAILABILITY OF QUALITY MEDICAL CARE IN THE SMH SERVICE AREA.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee496TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,779,893PYContributionsGrantsAmt
CY Contributions Grants$14,028,578CYContributionsGrantsAmt
PY Program Service Revenue$54,012,935PYProgramServiceRevenueAmt
CY Program Service Revenue$50,846,527CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$1,268,795PYOtherRevenueAmt
CY Other Revenue$1,064,543CYOtherRevenueAmt
PY Total Revenue$63,061,623PYTotalRevenueAmt
CY Total Revenue$65,939,648CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$48,348,368PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$52,704,226CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$14,045,988PYOtherExpensesAmt
CY Other Expenses$13,233,424CYOtherExpensesAmt
PY Total Expenses$62,394,356PYTotalExpensesAmt
CY Total Expenses$65,939,650CYTotalExpensesAmt
PY Revenues Less Expenses$667,267PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$2CYRevenuesLessExpensesAmt
Total Assets BOY$12,657,914TotalAssetsBOYAmt
Total Assets EOY$12,735,144TotalAssetsEOYAmt
Total Liabilities BOY$6,098,446TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,175,678TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,559,468NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$6,559,466NetAssetsOrFundBalancesEOYAmt
MissionTHE ASSOCIATES' PRIMARY PURPOSE IS TO EXPAND AND IMPROVE THE AVAILABILITY OF QUALITY MEDICAL CARE IN THE STURDY MEMORIAL HOSPITAL SERVICE AREA.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$55,584,902ExpenseAmt
Grant$2,000GrantAmt
Revenue$51,911,070RevenueAmt
DescSTURDY MEMORIAL ASSOCIATES, INC.'S PURPOSE IS TO RENDER MEDICAL SERVICES AND PROVIDE HEALTH EDUCATION TO THE COMMUNITY WITHIN THE STURDY MEMORIAL HOSPITAL SERVICE AREA. CURRENTLY, STURDY MEMORIAL ASSOCIATES, INC. OPERATES TWENTY GROUP PRACTICES AND TWO URGENT CARE CENTERS IN ATTLEBORO, NORTH ATTLEBORO, REHOBOTH-SEEKONK, NORTON, AND PLAINVILLE.Desc
Total Program Service Expenses$55,584,902TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org MemYes (1)BusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (1)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document53IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee496EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMY PFEFFERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5082368150PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1211 PARK STREET PO BOX 2963AddressLine1Txt
CityATTLEBOROCityNm
State AbbreviationMAStateAbbreviationCd
ZIP027030963ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
JOSEPH CASEY
EXEC. DIR/CLERK9.0039.00Yes (X)Yes (X)$0$1,403,588$313,185
RALPH PHILOSOPHE MD
PHYSICIAN40.000.00$686,413$0$245,658Yes (X)
RAYMOND PETIT MD
PHYSICIAN40.000.00$667,656$0$264,020Yes (X)
BRIAN KELLY MD
DIRECTOR5.0045.00Yes (X)$0$559,661$280,249
JAMES SNEAD MD
PHYSICIAN40.000.00$662,781$0$172,041Yes (X)
RICHARD STATMAN MD
PHYSICIAN40.000.00$708,236$0$120,772Yes (X)
AMY PFEFFER
CFO/TREASURER5.0040.00Yes (X)$0$488,083$299,200
NITHIN KARANTH MD
PHYSICIAN40.000.00$703,455$0$2,800Yes (X)
STEVEN BENSSON MD
DIRECTOR & PHYSICIAN42.000.00Yes (X)$334,636$0$265,365
SHARON MULLANE MD
DIRECTOR & PHYSICIAN41.000.00Yes (X)$269,566$0$240,680
BRUCE AUERBACH MD
FORMER EXEC. DIRECTOR0.000.00$0$391,386$40,258Yes (X)
PAMELA MIALE
FORMER COO/CLERK0.000.00$117,976$0$176,356Yes (X)
MICHAEL DELMONICO
COO (THRU 03/2020)37.008.00Yes (X)$0$174,703$12,323
RICHARD SMITH MD
PRESIDENT (SMA)2.003.00Yes (X)Yes (X)$0$0$0
ROBERT THRESHER
DIRECTOR (THRU 01/2020)2.003.00Yes (X)$0$0$0
RALPH SCHLENKER
DIRECTOR2.003.00Yes (X)$0$0$0
JOHN KORONA
DIRECTOR (AS OF 01/2020)2.003.00Yes (X)$0$0$0
BLAIR BISHER
COO (AS OF 03/2020)37.008.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,150,719TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$3,017,421TotReportableCompRltdOrgAmt
Total Other Compensation$2,432,907TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K115IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
BROWN UROLOGY
195 COLLYER STREET SUITE 201PROVIDENCERI02904PHYSICIAN CONTRACTED SERVICES$485,330
RENE UMANZOR
23 TANNERY ROADFISKDALEMA01518PHYSICIAN CONTRACTED SERVICE$117,810
ZYM INC
438 LOWELL STREETLEXINGTONMA02420PHYSICIAN CONTRACTED SERVICES$106,720
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Related Organizations$13,075,416RelatedOrganizationsAmt
Government Grants$953,162GovernmentGrantsAmt
Total Contributions$14,028,578TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PATIENT SERVICES621110$50,393,680$50,393,680
OTHER PATIENT SERVICES621110$281,329$281,329
INCENTIVE PAYMENTS900099$171,518$171,518
FieldValueIRS element (for citing)
Total Program Service Revenue$50,846,527TotalProgramServiceRevenueAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$26,655RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$26,655RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,655TotalRevenueColumnAmt
Related Or Exempt Func Income$26,655RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PATIENT CARE MANAGEMENT FEES900099$976,475$976,475
INSURANCE SETTLEMENT900099$49,554$49,554
REBATES900099$10,641$10,641

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,218TotalRevenueColumnAmt
Related Or Exempt Func Income$1,218RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$1,037,888OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$65,939,648TotalRevenueColumnAmt
Related Or Exempt Func Income$51,911,070RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$2,000TotalAmt
Program Services$2,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$543,799TotalAmt
Program Services$543,799ProgramServicesAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$222,814TotalAmt
Program Services$222,814ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$43,084,435TotalAmt
Program Services$35,445,237ProgramServicesAmt
Management And General$7,639,198ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,498,802TotalAmt
Program Services$1,237,699ProgramServicesAmt
Management And General$261,103ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,858,043TotalAmt
Program Services$4,011,734ProgramServicesAmt
Management And General$846,309ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,496,333TotalAmt
Program Services$2,061,452ProgramServicesAmt
Management And General$434,881ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$415,793TotalAmt
Program Services$354,108ProgramServicesAmt
Management And General$61,685ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$11,661TotalAmt
Management And General$11,661ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$688,304TotalAmt
Program Services$571,292ProgramServicesAmt
Management And General$117,012ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,042,219TotalAmt
Program Services$1,695,042ProgramServicesAmt
Management And General$347,177ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,989,294TotalAmt
Program Services$2,481,114ProgramServicesAmt
Management And General$508,180ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$6,133TotalAmt
Program Services$5,090ProgramServicesAmt
Management And General$1,043ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$167,405TotalAmt
Program Services$138,946ProgramServicesAmt
Management And General$28,459ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$576,706TotalAmt
Program Services$478,666ProgramServicesAmt
Management And General$98,040ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,300,207TotalAmt
Program Services$1,300,207ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MEDICAL EXPENSES$2,243,960$2,243,960
BAD DEBT EXPENSES$1,947,387$1,947,387
MAINTENANCE & REPAIRS$528,894$528,894
LICENSES/TAXES/DUES/FEE$245,222$245,222

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$70,239TotalAmt
Program Services$70,239ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$65,939,650TotalAmt
Program Services$55,584,902ProgramServicesAmt
Management And General$10,354,748ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$3,945BOYAmt
EOY$2,050EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$650,154BOYAmt
EOY$915,363EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,863,362BOYAmt
EOY$3,237,341EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$36,592BOYAmt
EOY$299,678EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,466,917BOYAmt
EOY$1,714,295EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,773,256LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,423,703LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$3,115,483BOYAmt
EOY$2,349,553EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,521,461BOYAmt
EOY$4,216,864EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,657,914BOYAmt
EOY$12,735,144EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,919,070BOYAmt
EOY$3,787,532EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$68,376BOYAmt
EOY$78,146EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,111,000BOYAmt
EOY$2,310,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,098,446BOYAmt
EOY$6,175,678EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,559,468BOYAmt
EOY$6,559,466EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,559,468BOYAmt
EOY$6,559,466EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,657,914BOYAmt
EOY$12,735,144EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$2ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type2Yes (X)SupportingOrgType2Ind
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1STURDY MEMORIAL HOSPITAL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN042768252EIN
Organization Type3OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$0OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$0OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS Determination0SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd
FieldValueIRS element (for citing)
Majority Dir Trst Supported OrgYes (1)MajorityDirTrstSupportedOrgInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,984,984OtherCostOrOtherBasisAmt
Depreciation$914,763DepreciationAmt
Book Value$1,070,221BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$13,794OtherCostOrOtherBasisAmt
Depreciation$4,965DepreciationAmt
Book Value$8,829BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$3,975,690OtherCostOrOtherBasisAmt
Depreciation$2,721,101DepreciationAmt
Book Value$1,254,589BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$798,788OtherCostOrOtherBasisAmt
Depreciation$782,874DepreciationAmt
Book Value$15,914BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,349,553TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (4 entries)

DescDescBook ValueBookValueAmt
INSURANCE RECOVERY RECEIVABLE$2,310,000
DUE FROM AFFILIATES/OTHERS$1,828,718
MEDICAL STAFF FUND ACCOUNT$75,646
ESCROW DEPOSIT$2,500
FieldValueIRS element (for citing)
Total Book Value Other Assets$4,216,864TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescINSURANCE CLAIMS - LONG TERMDesc
Amt$2,310,000Amt
FieldValueIRS element (for citing)
Total Liability$2,310,000TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART IV, LINE 2B:ESCROW AND CUSTODIAL ARRANGEMENTS THE ASSOCIATES CARRIES THE MEDICAL STAFF FUND ON ITS BALANCE SHEET. AS DISCRETION OVER THE USE OF THESE FUNDS REMAINS WITH THE MEDICAL STAFF, AMOUNTS ARE CLASSIFIED AS OTHER CURRENT ASSETS AND ESCROW LIABILITIES.
PART X, LINE 2:ASC 740 STURDY MEMORIAL ASSOCIATES IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF STURDY MEMORIAL FOUNDATION, INC. AND AFFILIATES. THE INCOME TAX FOOTNOTE IS AS FOLLOWS: THE FOUNDATION AND ALL OF ITS AFFILIATES, EXCEPT S.H.V., INC., ARE NOT-FOR-PROFIT ORGANIZATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED (THE "CODE"), AND ARE GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE FOUNDATION IS REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO SUCH POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JOSEPH CASEY
EXEC. DIR/CLERK$0$620,493$0$162,680$0$620,415$0$291,430$0$21,755$0$1,716,773$0$0
RALPH PHILOSOPHE MD
PHYSICIAN$681,411$0$2,680$0$2,322$0$223,903$0$21,755$0$932,071$0$0$0
RAYMOND PETIT MD
PHYSICIAN$661,412$0$2,680$0$3,564$0$242,265$0$21,755$0$931,676$0$0$0
BRIAN KELLY MD
DIRECTOR$0$459,529$0$42,680$0$57,452$0$256,494$0$23,755$0$839,910$0$0
JAMES SNEAD MD
PHYSICIAN$645,794$0$16,177$0$810$0$147,636$0$24,405$0$834,822$0$0$0
RICHARD STATMAN MD
PHYSICIAN$604,271$0$101,664$0$2,301$0$99,017$0$21,755$0$829,008$0$0$0
AMY PFEFFER
CFO/TREASURER$0$373,774$0$37,680$0$76,629$0$277,941$0$21,259$0$787,283$0$0
NITHIN KARANTH MD
PHYSICIAN$671,506$0$31,410$0$539$0$2,800$0$0$0$706,255$0$0$0
STEVEN BENSSON MD
DIRECTOR & PHYSICIAN$301,448$0$31,180$0$2,008$0$256,494$0$8,871$0$600,001$0$0$0
SHARON MULLANE MD
DIRECTOR & PHYSICIAN$252,418$0$16,743$0$405$0$217,925$0$22,755$0$510,246$0$0$0
BRUCE AUERBACH MD
FORMER EXEC. DIRECTOR$0$0$0$0$0$391,386$0$27,540$0$12,718$0$431,644$0$0
PAMELA MIALE
FORMER COO/CLERK$113,979$0$2,680$0$1,317$0$165,281$0$11,075$0$294,332$0$0$0
MICHAEL DELMONICO
COO (THRU 03/2020)$0$166,485$0$7,500$0$718$0$0$0$12,323$0$187,026$0$0

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3COMPENSATION OF TOP MANAGEMENT OFFICIAL THE CEO/EXECUTIVE DIRECTOR IS COMPENSATED ENTIRELY THROUGH STURDY MEMORIAL HOSPITAL, INC. THE HOSPITAL USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY AND APPROVAL BY THE EXECUTIVE COMMITTEE TO ESTABLISH THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR.
PART I, LINES 4A-BPART I, LINE 4A: SEVERANCE PAYMENTS BRUCE AUERBACH, MD, EXECUTIVE DIRECTOR THROUGH 08/18, RECEIVED $383,806 IN SEVERANCE PAY IN 2019 FROM STURDY MEMORIAL HOSPITAL, A RELATED ORGANIZATION. THIS AMOUNT WAS TREATED AS TAXABLE INCOME AND IS INCLUDED IN SCHEDULE J, PART II COLUMN (B)(III). PART I, LINE 4B: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN STURDY MEMORIAL HOSPITAL PROVIDES A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN TO CERTAIN EXECUTIVES. SUPPLEMENTAL RETIREMENT CONTRIBUTIONS WERE MADE THROUGH NON-QUALIFIED RETIREMENT PLANS FOR QUALIFIED EMPLOYEES IN CALENDAR YEAR 2019. THE TOTAL OF NON-QUALIFIED RETIREMENT CONTRIBUTIONS IN 2019 ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). JOSEPH CASEY ($14,455) PARTICIPATED IN THE PLAN IN 2019.
PART I, LINE 7NON-FIXED PAYMENTS COMPENSATION PACKAGES FOR THE CEO AND SENIOR MANAGERS INCLUDE OPPORTUNITIES TO EARN INCENTIVE COMPENSATION BASED ON A COMBINATION OF MEETING OR EXCEEDING PRE-DETERMINED GOALS. THIS INCENTIVE COMPENSATION IS SUBJECT TO REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE AND HAS BEEN REPORTED ON SCHEDULE J, PART II, COLUMN B (II).
PART II, COLUMN (C):DEFERRED COMPENSATION THIS COLUMN INCLUDES AN ACCRUAL OF BENEFITS RELATED TO THE HOSPITAL'S DEFINED BENEFIT PLAN. THIS ACCRUAL CALCULATION IS COMPLETED BY A THIRD PARTY AND THE ACCRUAL AMOUNT MAY SHIFT DEPENDING ON THE REQUIRED DISCOUNT RATE APPLIED.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
STEVE BENSSON MD
LANDLORD$247,262BLDG. RENT0
JEAN SIDDALL-BENSSON MD
EMPLOYEE$222,814COMP.0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceBUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONSFormAndLineReferenceDesc
ExplanationSCHEDULE L, PART IVLINE 1 - STEVEN BENSSON, M.D., A MEMBER OF THE BOARD OF DIRECTORS, LEASES PROPERTY TO STURDY MEMORIAL ASSOCIATES, INC. THE RENTAL AMOUNTS ARE REVIEWED AND COMPARED WITH THE RENTS PAID TO OTHER COMPARABLE, INDEPENDENT LOCATIONS.LINE 2 - JEAN SIDDEL BENSSON, M.D., IS THE SPOUSE OF A BOARD MEMBER. SHE IS ALSO EMPLOYED BY STURDY MEMORIAL ASSOCIATES, INC. AS A PHYSICIAN. HER COMPENSATION IS DETERMINED BASED ON HER PRODUCTIVITY, AND IN COMPARISON, TO MGMA BENCHMARKS. HER COMPENSATION IS APPROVED BY THE COMPENSATION REVIEW COMMITTEE OF THE BOARD OF DIRECTORS OF STURDY MEMORIAL ASSOCIATES, INC. HER SPOUSE IS NOT A MEMBER OF THE COMPENSATION REVIEW COMMITTEE.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART V, LINE 2A:EMPLOYEES REPORTED ON FORM W-3 STURDY MEMORIAL HOSPITAL IS THE COMMON PAYMASTER FOR STURDY MEMORIAL ASSOCIATES. FORM W-3 IS FILED UNDER STURDY MEMORIAL HOSPITAL'S EMPLOYEE IDENTIFICATION NUMBER, THEREFORE STURDY MEMORIAL ASSOCIATES DOES NOT FILE A W-3. THE TOTAL NUMBER OF STURDY MEMORIAL ASSOCIATES EMPLOYEES IS 496, WHICH IS LISTED ON LINE 2.
FORM 990, PART VI, SECTION A, LINE 6MEMBERS OR STOCKHOLDERS STURDY MEMORIAL FOUNDATION, INC., A MASSACHUSETTS CHARITABLE CORPORATION, ACTING THROUGH ITS BOARD OF DIRECTORS, IS THE SOLE MEMBER OF STURDY MEMORIAL ASSOCIATES, INC.
FORM 990, PART VI, SECTION A, LINE 7AMEMBERS OR STOCKHOLDERS WHO MAY ELECT MEMBERS OF GOVERNING BODY THE TRUSTEES SHALL BE ELECTED BY THE MEMBER AT THE ANNUAL MEETING OF THE CORPORATION. THE TERM OF OFFICE FOR EACH SUCH TRUSTEE SHALL BE ONE (1) YEAR. ANY VACANCY CAUSED BY THE RESIGNATION OR REMOVAL OF A TRUSTEE SHALL BE FILLED BY THE MEMBER.
FORM 990, PART VI, SECTION A, LINE 7BDECISIONS SUBJECT TO APPROVAL ALL MATTERS INVOLVING REAL PROPERTY, INCLUDING WITHOUT NECESSARY LIMITATION, SALES, LEASES AND PURCHASES, SHALL FIRST REQUIRE APPROVAL OF THE MEMBER ACTING THROUGH THE BOARD OF DIRECTORS OF STURDY MEMORIAL FOUNDATION, INC.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY STURDY MEMORIAL'S TAX PROVIDERS, GRANT THORNTON LLP, USING INFORMATION PROVIDED BY MANAGEMENT UPON COMPLETION OF THE ANNUAL INDEPENDENT AUDIT. THE INFORMATION PROVIDED IS THE RESPONSIBILITY OF THE CFO AND THE STURDY FISCAL SERVICES DEPARTMENT. THE RETURN IS REVIEWED BY GRANT THORNTON LLP, THE CONTROLLER AND CFO. PRIOR TO FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE, THE COMPLETE FORM AND ALL SCHEDULES ARE PROVIDED TO EVERY BOARD MEMBER AND ANY QUESTIONS ARE ANSWERED.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY MONITORING AND ENFORCEMENT STURDY MEMORIAL ASSOCIATES, INC. IS AN AFFILIATE OF STURDY MEMORIAL HOSPITAL, INC. AND FOLLOWS THE HOSPITAL'S CONFLICT OF INTEREST POLICY. ALL LEADERSHIP AND BOARD MEMBERS COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE STATEMENT REQUIRES DISCLOSURE OF ANY OUTSIDE INTERESTS IN ANY BUSINESS, OUTSIDE ACTIVITY, GIFTS, OR ENTERTAINMENT THAT MAY HAVE INFLUENCED THE RESPONDENT. IN ADDITION, THESE SIGNED STATEMENTS ARE REVIEWED BY THE INTEGRITY OFFICER AND ANY POTENTIAL CONFLICTS ARE ADDRESSED AND RESOLVED. THE INTEGRITY OFFICER DISCUSSES DISCLOSED POTENTIAL CONFLICTS WITH EMPLOYEE AND OR OFFICER OF THE CORPORATION, SO THAT THEY UNDERSTAND WHAT CONSTITUTES AN INAPPROPRIATE BUSINESS ACTIVITY. ANY GIFTS RECEIVED THAT CREATE A CONFLICT OR ARE IN VIOLATION OF THE CONFLICT OF INTEREST POLICY MUST BE RETURNED. INDIVIDUALS WITH DOCUMENTED CONFLICTS MUST ABSTAIN FROM ANY DECISION MAKING SPECIFIC TO THE IDENTIFIED AREA. AN ANNUAL REPORT IS PREPARED AND PROVIDED TO THE HOSPITAL'S PRESIDENT AND CEO AS WELL AS BOARD OF MANAGERS; THIS COMPREHENSIVE REPORT INCLUDES ALL INTEGRITY COMPLIANCE ISSUES AS WELL AS ANY NEWLY IDENTIFIED CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15PROCESS FOR DETERMINING COMPENSATION STURDY MEMORIAL ASSOCIATION 'S EXECUTIVE DIRECTOR AND OFFICERS ARE STURDY MEMORIAL HOSPITAL (SMH) EMPLOYEES. THE CORPORATION'S SOLE MEMBER, STURDY MEMORIAL FOUNDATION, HAS AN EXECUTIVE COMMITTEE THAT MAKES COMPENSATION DECISIONS FOR THE HOSPITAL'S CEO (SMA EXECUTIVE DIRECTOR) AND OTHER SENIOR MANAGERS. COMPENSATION DECISIONS FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR AND OFFICERS ARE MADE THROUGH THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE CONSISTS SOLELY OF MEMBERS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH REGARDS TO COMPENSATION MATTERS. THE BOARD UTILIZES AN INDEPENDENT OUTSIDE CONSULTANT TO DETERMINE EXECUTIVE COMPENSATION. THE CONSULTANT PRESENTS NATIONAL AND REGIONAL COMPARABILITY DATA FOR SIMILAR ORGANIZATIONS. THE DATA INCLUDES COMPREHENSIVE SALARY AND BENEFITS INFORMATION FOR THE EXECUTIVE DIRECTOR AND KEY EMPLOYEE INCLUDING COMPARISON OF BASE PAY, INCENTIVE PAY, BENEFITS AND TOTAL COMPENSATION. IN ADDITION, THE COMMITTEE IS PROVIDED WITH PERFORMACE INFORMATION FOR MASSACHUSETTS HOSPITALS OBTAINED THROUGH THE CENTER FOR HEALTH INFORMATION AND ANALYSIS. THE EXECUTIVE COMMITTEE REVIEWS THE COMPARATIVE DATA FOR THE EXECUTIVE DIRECTOR AND TREASURER (HOSPITAL CFO) AND VOTES TO APPROVE THEIR COMPENSATION. THE CEO USES COMPARATIVE MARKET DATA TO DETERMINE PROPOSED BASE PAY COMPENSATION INCREASES AND POTENTIAL INCENTIVE PAY FOR ALL OTHER SENIOR MANAGERS AND PRESENTS THIS TO THE EXECUTIVE COMMITTEE FOR THEIR CONSIDERATION. THE EXECUTIVE COMMITTEE REVIEWS ALL RELEVANT INFORMATION AND VOTES TO ACCEPT THE RECOMMENDATIONS OF THE CEO FOR SENIOR MANAGER PAY. ALL DATA PRESENTED, AS WELL AS COMPENSATION DELIBERATION AND VOTES, ARE DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES. THE MOST RECENT COMPENSATION STUDY WAS PERFORMED IN DECEMBER OF 2018.
FORM 990, PART VI, SECTION C, LINE 19HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC STURDY MEMORIAL ASSOCIATES, INC. MAKES AVAILABLE COPIES OF ITS BY-LAWS, THE CONFLICT OF INTEREST POLICY OF STURDY MEMORIAL HOSPITAL, INC. AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. IMPACT OF THE COVID-19 PANDEMIC: IN MARCH 2020, THE WORLD HEALTH ORGANIZATION DECLARED COVID-19, THE DISEASE CAUSED BY THE NOVEL CORONAVIRUS, A PANDEMIC, WHICH STARTED TO AND CONTINUES TO SPREAD THROUGHOUT THE UNITED STATES OF AMERICA. AS A RESULT OF THE COVID-19 PANDEMIC, STURDY MEMORIAL ASSOCIATES, INC. EXPERIENCED A DECLINE IN PATIENT VISITS, ADMISSIONS, AND MEDICAL PROCEDURES PERFORMED. ELECTIVE MEDICAL PROCEDURES WERE SUSPENDED BY STATE GOVERNMENT BEGINNING IN MID-MARCH THROUGH MAY 2020, CONTRIBUTING TO A SIGNIFICANT DECLINE IN PATIENT SERVICE REVENUE DUE TO COVID-19 WHEN COMPARED TO HISTORIC AND FORECASTED RESULTS FOR THAT PERIOD. ADDITIONALLY, IN RESPONSE TO THE PANDEMIC, STURDY MEMORIAL ASSOCIATES, INC. INCURRED ADDITIONAL COSTS FOR TESTING, PERSONAL PROTECTIVE EQUIPMENT, THIRD-PARTY CONTRACT SERVICES AND OTHER OPERATING COSTS ASSOCIATED WITH ENSURING EMPLOYEE AND PATIENT SAFETY WHILE OPERATING DURING A PANDEMIC. SINCE MAY, STURDY MEMORIAL ASSOCIATES, INC. HAS BEGUN TO SEE INCREASES IN ITS PATIENT VISITS, ADMISSIONS, AND MEDICAL PROCEDURES, ALTHOUGH IN DECEMBER 2020, THE COMMONWEALTH AGAIN IMPOSED RESTRICTIONS ON INPATIENT ELECTIVE PROCEDURES. MANAGEMENT IS ACTIVELY MONITORING OPERATING REVENUES, AND EXPENSES AND BASED ON THE CONTINUED UNCERTAINTIES OF COVID-19, IT IS UNABLE TO DETERMINE IF IT WILL HAVE A MATERIAL IMPACT ON ITS OPERATIONS FOR THE YEAR ENDING SEPTEMBER 30, 2021.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
STURDY MEMORIAL HOSPITAL INC
211 PARK STREET PO BOX 2963ATTLEBOROMA02703042768252HOSPITALMA501(C)(3)LINE 3SMF0
STURDY MEMORIAL FOUNDATION INC
211 PARK STREET PO BOX 2963ATTLEBOROMA02703042103631DEVELOPMENTMA501(C)(3)LINE 12B, II0N/A
EMORY STREET RADIOLOGY ASSOCIATES INC
211 PARK STREET PO BOX 2963ATTLEBOROMA02703043137282RADIOLOGYMA501(C)(3)LINE 12B, IISMH0

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1SHV INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1127 PEARL STREETAddressLine1Txt
CityATTLEBOROCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02703ZIPCd
FieldValueIRS element (for citing)
EIN042855097EIN
Primary ActivitiesSALES AND RENTALPrimaryActivitiesTxt
Legal Domicile StateMALegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1SMFBusinessNameLine1Txt
FieldValueIRS element (for citing)
Entity TypeCEntityTypeTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceRELATED TAX-EXEMPT ORGANIZATIONSFormAndLineReferenceDesc
ExplanationSCHEDULE R, PART II STURDY MEMORIAL HOSPITAL, INC.'S PRIMARY ACTIVITIES: PROVIDE SAFE, HIGH QUALITY, COST-EFFICIENT HEALTH CARE, AND THE BROADEST RANGE OF DIAGNOSTIC, INPATIENT, AND OUTPATIENT AND EMERGENCY SERVICES FOR A COMMUNITY HOSPITAL. STURDY MEMORIAL FOUNDATION, INC.'S PRIMARY ACTIVITIES: ENGAGING IN PHILANTHROPHIC ACTIVITIES TO SUPPORT THE MISSION AND PURPOSE OF STURDY MEMORIAL HOSPITAL, INC. RELATED ORGANIZATION TAXABLE AS A CORPORATION SCHEDULE R, PART IV SHV INC., WHICH DOES BUSINESS UNDER THE TRADE NAME ATTLEBORO AREA MEDICAL EQUIPMENT CO, IS A FOR-PROFIT CORPORATION ACTIVITY ENGAGED IN THE SALE AND RENTAL OF MEDICAL EQUIPMENT AND ACCESSORIES IN THE GREATER ATTLEBORO AREA. THE COMPANY EXTENDS CREDIT TO ITS CUSTOMERS AND IS PAID DIRECTLY OR BY PRIVATE INSURANCE. SHV INC. FILED ITS ARTICLES OF DISSOLUTION ON OCTOBER 9, 2019 AND THEREFORE WILL NOT BE LISTED ON THE RETURN IN FUTURE YEARS.ExplanationTxt

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