2019-04-01T12:06:32-05:00 2018-08-31 042571780 ALEXANDER ARONSON FINNING & CO PC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2017-09-01 450484533 HEALTH LEADS INC HEAL 6173913633 24 SCHOOL STREET 6TH FLOOR BOSTON MA 02108 ALEXANDRA QUINN CEO 6175222766 2019-03-25 1 THOMAS A WASHBURN P00537319 5083669100 2019-03-25 64.238.141.162 2019-03-25 16:44:18 ED P F4247996A0DFD92197EA51AEF4558D040C319DAA 127FBF07DF492015CB8DED3D3474AA320082B26E 2017 2019-02-21 02:37:17Z ALEXANDRA QUINN 24 SCHOOL STREET 6TH FLOOR BOSTON MA 02108 4665581 0 X WWW.HEALTHLEADSUSA.ORG X 2003 MA HEALTH LEADS ENVISIONS A HEALTHCARE SYSTEM THAT ADDRESSES ALL PATIENTS' BASIC RESOURCE NEEDS AS A STANDARD PART OF QUALITY CARE. HEALTH LEADS' MISSION IS TO CATALYZE THIS HEALTHCARE SYSTEM BY CONNECTING PATIENTS WITH THE BASIC RESOURCES THEY NEED TO BE HEALTHY, AND IN DOING SO, BUILD LEADERS WITH THE CONVICTION AND ABILITY TO CHAMPION QUALITY CARE FOR ALL PATIENTS. 14 13 350 362 0 0 15203572 1560195 2599592 2093188 102361 71952 18000 5000 17923525 3730335 0 1000000 0 0 10628828 12518752 0 0 1457201 4186646 5562354 14815474 19081106 3108051 -15350771 29996511 14283862 1723582 1324121 28272929 12959741 HEALTH LEADS IS A SOCIAL ENTERPRISE THAT ENVISIONS A HEALTHCARE SYSTEM THAT ADDRESSES ALL PATIENTS' BASIC RESOURCE NEEDS AS A STANDARD PART OF QUALITY CARE. 0 0 14123608 1000000 2093188 FOR 20 YEARS, HEALTH LEADS HAS WORKED WITH LEADING HEALTHCARE ORGANIZATIONS TO CREATE SUSTAINABLE, HIGH-IMPACT AND COST-EFFECTIVE SOCIAL NEEDS INTERVENTIONS THAT CONNECT PATIENTS TO THE COMMUNITY-BASED RESOURCES THEY NEED TO BE HEALTHY - FROM FOOD TO TRANSPORTATION TO HEALTHCARE BENEFITS. HEALTH LEADS IS COMMITTED TO SHARING ITS TOOLS AND EXPERTISE TO IMPROVE THE HEALTH AND WELL-BEING OF PATIENTS, AND TO ACCELERATING THE LEADERSHIP, BEST PRACTICES, INCENTIVES AND RESEARCH REQUIRED TO CHANGE WHAT "COUNTS" AS HEALTHCARE. 14123608 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 31 0 1 350 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA NY RI IL MD CA X DAN PLOWDEN 6173913633 24 SCHOOL STREET 6TH FLOOR BOSTON MA 02108 ALEXANDRA QUINN CEO 40.00 X X 201737 0 27541 MARGARET LAWS BOARD CHAIR 0.50 X X 0 0 0 CHRISTOPHER COX TREASURER 0.50 X X 0 0 0 MICHAEL BLAU CLERK 0.50 X X 0 0 0 THOMAS LEE BOARD MEMBER 0.50 X 0 0 0 ASAF BITTON BOARD MEMBER 0.50 X 0 0 0 ARTHUR GIANELLI BOARD MEMBER 0.50 X 0 0 0 GARY COHEN BOARD MEMBER 0.50 X 0 0 0 LAURA SAMBERG FAINO BOARD MEMBER 0.50 X 0 0 0 LAURENCE COHEN BOARD MEMBER 0.50 X 0 0 0 JOHN MANDILE BOARD MEMBER 0.50 X 0 0 0 SUSAN DONAHUE BOARD MEMBER 0.50 X 0 0 0 ELIZA GREENBERG BOARD MEMBER 0.50 X 0 0 0 ERIK CLEMONS BOARD MEMBER 0.50 X 0 0 0 REBECCA ONIE FORMER CEO 40.00 X 239471 0 28550 WILLIAM BRODNITZKI MANAGING PRINCIPAL 40.00 X 223589 0 27580 PAUL K HIMMELMAN MANAGING PRINCIPAL 40.00 X 191820 0 22103 DAMON FRANCIS CMO 40.00 X 257441 0 9076 ROCCO PERLA FORMER PRESIDENT 40.00 X 245501 0 27947 DANIEL PLOWDEN PRINCIPAL 40.00 X 148414 0 25404 1507973 0 168201 21 0 1 0 CIVITAS PUBLIC AFFAIRS LLC 409 7TH NW SUITE 350 WASHINGTON DC 20004 PUBLIC AFFAIRS CONSULTING 207820 1 1560195 217000 1560195 PROGRAM REVENUE 900099 2093188 2093188 2093188 122657 122657 884541 935246 -50705 -50705 -50705 MISCELLANEOUS 900099 5000 5000 5000 3730335 2093188 0 76952 X 1000000 1000000 299302 155037 69439 74826 9869850 7171870 1827111 870869 297778 224714 44659 28405 1249759 953206 183933 112620 802063 605264 120290 76509 1973693 1401146 419952 152595 151877 98559 53016 302 444216 186793 254442 2981 295540 231408 41819 22313 1202087 950485 168327 83275 246559 235745 402 10412 152681 119550 21604 11527 BAD DEBT EXPENSE 450000 450000 MISCELLANEOUS 290917 151734 128616 10567 STIPENDS 188097 188097 BANK FEES 166687 166687 19081106 14123608 3500297 1457201 9298281 966920 1977818 1270981 14937029 4758985 746830 326214 212627 153173 933338 411222 661779 522116 2162147 6285473 29996511 14283862 1177632 866140 545950 457981 1723582 1324121 X 8363482 9068259 19909447 3891482 28272929 12959741 29996511 14283862 -15350771 37583 0 X X 0 1 X 1 0 X 23872935 14144839 5700351 15203572 1560195 60481892 23872935 14144839 5700351 15203572 1560195 60481892 28343226 32138666 81142 72000 46907 100352 122657 423058 19000 18000 5000 42000 60946950 10337205 0.52730 0.49380 X 933338 411222 522116 522116 X 4760807 37583 992889 1030472 3730335 0 3730335 19623995 992889 992889 18631106 450000 450000 19081106 PART X, LINE 2: HEALTH LEADS ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. HEALTH LEADS HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT AUGUST 31, 2018 AND 2017. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 450,000. 1 THE HEALTH INITIATIVE CO GLOBAL DEVELOPMENT INCUBATOR 155 WEST 23RD STREET FLOOR SIX NEW YORK NY 10011 141945286 501 C 3 1000000 THE PURPOSE OF THIS GRANT IS TO HELP FUND THE START-UP COSTS NEEDED FOR THE HEALTH INITIATIVE (THI), A NEW ORGANIZATION STARTED IN 2018 BY HEALTH LEAD'S FORMER CEO AND PRESIDENT. 1 PART I, LINE 2: THE PURPOSE OF THIS GRANT IS TO HELP FUND THE START-UP COSTS NEEDED FOR THE HEALTH INITIATIVE (THI), A NEW ORGANIZATION STARTED IN 2018 BY HEALTH LEAD'S FORMER CEO AND PRESIDENT. HEALTH LEADS DOES NOT GENERALLY MAKE GRANTS. X X X 0 0 0 0 0 0 0 0 0 ALEXANDRA QUINN CEO 185796 0 15941 0 0 0 0 0 27541 0 229278 0 0 0 REBECCA ONIE FORMER CEO 220996 0 18475 0 0 0 0 0 28550 0 268021 0 0 0 WILLIAM BRODNITZKI MANAGING PRINCIPAL 189931 0 33658 0 0 0 0 0 27580 0 251169 0 0 0 PAUL K HIMMELMAN MANAGING PRINCIPAL 176169 0 15651 0 0 0 0 0 22103 0 213923 0 0 0 DAMON FRANCIS CMO 208010 0 49431 0 0 0 0 0 9076 0 266517 0 0 0 ROCCO PERLA FORMER PRESIDENT 227108 0 18393 0 0 0 0 0 27947 0 273448 0 0 0 DANIEL PLOWDEN PRINCIPAL 141414 0 7000 0 0 0 0 0 25404 0 173818 0 0 0 X 1 217000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FEDERAL FORM 990 IS REVIEWED BY MANAGEMENT, THEN BY THE TREASURER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE ASKED AT LEAST ONCE PER YEAR TO DISCLOSE ANY CONFLICTS OF INTEREST AT A BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 AN AD HOC BOARD COMPENSATION COMMITTEE RESEARCHED MARKET SALARIES FOR THE EXECUTIVE TEAM. COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR WAS PROPOSED BY THE BOARD CHAIR AND APPROVED BY THE BOARD COMPENSATION COMMITTEE AND DOCUMENTED IN COMMITTEE MINUTES. COMPARATIVE SALARY STUDIES WERE PERFORMED FOR OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 PROVIDED UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,401,146. MANAGEMENT AND GENERAL EXPENSES 419,952. FUNDRAISING EXPENSES 152,595. TOTAL EXPENSES 1,973,693. FORM 990, PART XI, LINE 2C HEALTH LEADS HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF THE AUDITORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. STATEMENTS OF FACTS AND CIRCUMSTANCESTHE NONPROFIT FILED ITS 2017 IRS FORM 990 AFTER THE DUE DATE. THE FORM 990 WAS ORIGINALLY DUE ON JANUARY 15, 2019, BUT WAS NOT FILED UNTIL MARCH 26, 2019. THE NONPROFIT, TO THE BEST OF MANAGEMENT'S KNOWLEDGE AND BELIEF, HAD ALWAYS FILED ITS IRS FORM 990 IN A TIMELY FASHION PRIOR TO 2017. CIRCUMSTANCES LEADING TO NON-COMPLIANCETHE FOLLOWING CIRCUMSTANCES LED TO THE NON-COMPLIANCE:THE PAID PREPARER OF THE RETURN EXPERIENCE AN ADMINISTRATIVE ERROR THAT RESULTED IN LATE FILING OF THE EXTENSION. THE NONPROFIT BECAME AWARE OF THE SITUATION ON MARCH 19, 2019 AND WORKED TO FILE THE RETURN AS SOON AS POSSIBLE. PREVENTION OF FUTURE NON-COMPLIANCETHE NONPROFIT TAKES ITS FILING OBLIGATIONS SERIOUSLY. THE NONPROFIT EXPECTS ALL FUTURE FILINGS TO BE TIMELY. DEMONSTRATING REASONABLE CAUSE IRS REGULATION 301.6724-1(A) STATES THAT THE PENALTY FOR A FAILURE RELATING TO A REPORTING REQUIREMENT IS WAIVED IF THE FAILURE IS DUE TO REASONABLE CAUSE. REASONABLE CAUSE MAY BE DEMONSTRATED IF THE FILER ESTABLISHES THAT THERE ARE SIGNIFICANT MITIGATING FACTORS WITH RESPECT TO THE FAILURE AND THAT THE FILER ACTED IN A RESPONSIBLE MANNER BY EXERCISING REASONABLE CARE, WHICH IS THAT STANDARD OF CARE THAT A REASONABLY PRUDENT PERSON WOULD USE, AND THAT THE FILER UNDERTOOK SIGNIFICANT STEPS TO AVOID OR MITIGATE THE FAILURE.AS PROVIDED UNDER TREASURY REGULATION SECTION 301.6724-1(A): SIGNIFICANT MITIGATING FACTORS INCLUDE:-FROM INCEPTION TO 2016, TO THE BEST OF THE NONPROFIT'S KNOWLEDGE AND BELIEF, THE NONPROFIT HAD AN ESTABLISHED HISTORY OF COMPLIANCE WITH RESPECT TO FILING FORM 990.-TO THE BEST OF THE NONPROFIT'S KNOWLEDGE AND BELIEF, THE IRS HAS NEVER BEFORE ASSESSED PENALTIES AGAINST THE NONPROFIT FOR ANY NON-COMPLIANCE ISSUES RELATED TO FROM 990 FILING REQUIREMENTS.-THE NONPROFIT DID NOT REALIZE THAT IT WAS NOT IN COMPLIANCE WITH IRS FILING REQUIREMENTS.-ONCE THE NONPROFIT BECAME AWARE OF THE SITUATION THEY ADDRESSED THE SITUATION QUICKLY AND FILED THE FORM 990 AS SOON AS POSSIBLE. EVIDENCE THAT THE NONPROFIT ACTED RESPONSIBLY:- ONCE THE NONPROFIT BECAME AWARE OF THE SITUATION THEY ADDRESSED THE SITUATION QUICKLY AND FILED THE FORM 990 AS SOON AS POSSIBLE.REQUEST FOR ABATEMENT OF PENALTIESTHE ABSENCE OF "WILLFUL NEGLECT" HAS BEEN DEEMED BY THE IRS TO BE ONE FACTOR THAT MAY INDICATE THE EXISTENCE OF REASONABLE CAUSE.THE NONPROFIT HAS NOT EVIDENCED WILLFUL NEGLECT WITH RESPECT TO ITS FILING OBLIGATIONS AND BELIEVES THEY HAVE DEMONSTRATED THIS WITH THE STATEMENTS AND EVIDENCE IN THIS REQUEST FOR ABATEMENT. THE NONPROFIT BELIEVES THAT IT FALLS WITHIN THE REASONABLE CAUSE ABATEMENT PROVISIONS OF THE CODE BY HAVING ESTABLISHED SIGNIFICANT MITIGATING FACTORS WITH RESPECT TO THE FAILURE, AND BY ESTABLISHING THAT IT ACTED RESPONSIBLY TO CORRECT THE FAILURE, ONCE DISCOVERED. THE NONPROFIT HAS ALWAYS HAD EVERY INTENTION OF BEING IN COMPLIANCE WITH ALL OF ITS FILING REQUIREMENTS.WE RESPECTFULLY REQUEST THAT THE IRS ABATE ALL PENALTIES ASSESSED FOR THE DELINQUENT FORM 990 FOR THE YEAR ENDED AUGUST 31, 2018, AND APPRECIATE YOUR CONSIDERATIONS OF OUR REQUEST.UNDER PENALTIES OF PERJURY, WE HEREBY DECLARE THAT THE STATEMENTS CONTAINED HEREIN, TO THE BEST OF OUR KNOWLEDGE AND BELIEF, ARE TRUE, CORRECT, AND COMPLETE.