2018-07-13T14:52:26-07:00 2017-09-30 990 2016-10-01 042105926 South Shore Health System Inc SOUT 7816248422 55 Fogg Road South Weymouth MA 02190 Stephen Coco Treasurer 7816248422 2018-08-15 2016 2022-09-23 18:48:47Z Stephen Coco 55 Fogg Road South Weymouth MA 02190 11736717 0 X www.southshorehealth.org X 1982 MA South Shore Health System, Inc. manages and supports affiliate operations to (1) support the advancement of knowledge and practice of healthcare and (2) sponsor programs to support the health and welfare of all persons. 11 8 0 18 15 0 0 100000 0 0 1165239 2538166 1075 0 1166314 2638166 0 0 0 0 0 0 0 0 0 235732 292812 235732 292812 930582 2345354 56628197 64772845 70647 423192 56557550 64349653 South Shore Health System, Inc. manages and supports affiliate operations to (1) support the advancement of knowledge and practice of healthcare and (2) sponsor programs to support the health and welfare of all persons. 0 0 285297 0 0 Health Care Delivery: Manage and support affiliate operations to (1) support the advancement of knowledge and practice of healthcare and (2) sponsor programs to support the health and welfare of all persons. 0 0 0 285297 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 11 8 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA CT DC FL MA ME NH NJ NY RI X Stephen Coco 7816248422 55 Fogg Road South Weymouth MA 02190 Laura Avakian Director 1 0 X 0 0 0 Brian Hotarek Chairman thru 12/16 1 0 X X 0 0 0 Kenneth Kirkland Chairman 1 1 X X 0 0 0 Thomas S Vangel Director through 12/16 1 0 X 0 0 0 Brian Concannon Vice Chairman 1 0 X X 0 0 0 Luke O'Connell MD Director/HPSO Board Chairman 1 8 X 0 87000 0 Robert Pineau Director 1 0 X 0 0 0 Edward Nalband MD Director/SSPAE Chairman 1 41 X 0 376635 2590 James McDonough Director 1 0 X 0 0 0 Gene Green MD President/CEO 1 47 X X 0 1040024 155692 Paula L Becker Director 1 0 X 0 0 0 Chris Oddleifson Director 1 1 X 0 0 0 Paul Watanabe Director 1 0 X 0 0 0 Thomas Carroll Executive Vice President 1 41 X 0 416965 88267 Pamela Whelton Treasurer through 8/22/17 1 49 X 0 563152 104761 Margaret Holda Clerk 1 44 X 0 340161 73756 Stephen Coco Treasurer beginning 8/23/17 1 49 X 0 265170 80469 Joseph Driscoll Esq General Counsel 1 40 X 0 78866 4714 Richard Aubut President/CEO thru 11/02/15 0 0 X 0 738132 33221 Joseph Cahill Executive Vice President thru 7/15/16 0 0 X 0 857863 1087607 Michael Cullen Treasurer through 1/8/15 0 0 X 0 106936 1937 0 4870904 1633014 0 1 1 0 Prominence Advisors Inc 23556 N Kingston Row Lincolnshire IL 60069 Consulting 114343 1 0 0 0 0 0 100000 0 100000 0 704680 0 15 704665 0 0 0 0 0 0 0 0 0 0 10932037 0 9098551 0 1833486 0 1833486 0 0 1833486 0 0 2638166 0 15 2538151 7200 7200 219336 219336 Annuitant payments and changes to NPV 65961 65961 0 0 315 0 315 0 292812 285297 7515 0 705733 7616871 27929 56315 1513454 1081778 651013 431676 55177522 56586621 66000 81362 56628197 64772845 21092 22658 49555 400534 70647 423192 X 53705012 61258895 990737 1228957 1861801 1861801 56557550 64349653 56628197 64772845 X 2345354 1446749 0 0 0 4000000 X 0 1 X 1 0 X X 1 South Shore Hospital Inc 042769210 3 1 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 Schedule A, Part I, Line 12g(i) Although South Shore Health System (SSHS) supports South Shore Hospital (SSH) and its affiliates in their charitable purposes, no direct monetary support was provided by SSHS to SSH in fiscal year 2017. Schedule A, Part IV, Section A, Line 6 South Shore Health System, Inc. (SSHS) is part of a health care system that includes South Shore Hospital, the specified supported organization, and other affiliates, all listed in Part II of Schedule R. In addition to South Shore Hospital, SSHS provides support to all affiliates, all of which are recognized as 501(c)(3) organizations that are not private foundations, and are operated, supervised or controlled directly by, or in connection with, South Shore Hospital. Schedule A, Part IV, Section D, Line 3 Officers of the supported organization also serve as officers of South Shore Health System (SSHS) and routinely attend board meetings of SSHS, at which they are able to make statements and proposals in connection with the conduct of SSHS's activities and the support of the supported organization. Schedule A, Part IV, Section E, Line 3a South Shore Health System may appoint members of the governing bodies of South Shore Hospital and other entities in which the Corporation is the sole member. SSHS is the sole member of South Shore Hospital, South Shore Property and Health Provider Services Organization of the South Shore. SSHS has the power to appoint, directly or indirectly, the majority of officers and directors of Coastal Medical Associates. Schedule A, Part IV, Section E, Line 3b South Shore Health System is actively involved in the direction of the activities of all its supported organizations. The Corporation promotes patient care at South Shore Hospital and other affiliates through oversight of quality of service, performance improvements and patient satisfaction metrics. SSHS, in its capacity as sole member, appoints the governing boards of the Hospital and its affiliates. While not the sole member of Coastal Medical Associates dba South Shore Physician Ambulatory Enterprise, SSHS has the power to directly or indirectly control the appointment of a majority of the corporation's officers and directors. The Corporation directs its policies and business practices and those of its affiliates. SSHS is responsible for choosing an independent auditor for the health system. The Corporation is responsive to the needs of the community and acts on recommendations of the governing bodies of the Hospital and other affiliates. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2852538 0 238220 0 0 0 3090758 2716049 0 136489 0 0 0 2852538 2914001 0 -197952 0 0 0 2716049 2746992 0 167009 0 0 0 2914001 2515554 0 231438 0 0 0 2746992 0 0.6 0.4 0 0 0 244673 244673 0 69952 69952 0 0 0 0 0 0 1117569 930566 187003 0 81260 81260 0 431676 0 Due to Affiliates 313026 Other Noncurrent Liabilities 87508 400534 X Schedule D, Part V, Line 4 South Shore Health System maintains its endowment funds to further the charitable purposes of South Shore Hospital and its affiliates. In prior years endowment funds have been used by the Hospital and its affiliates to maintain and improve the Hospital's infrastructure and technology and add and expand program services offerings to the community. Schedule D, 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 Richard Aubut President/CEO thru 11/02/15 0 0 0 144648 0 593484 0 33221 0 0 0 771353 0 0 Edward Nalband MD Director/SSPAE Chairman 0 371593 0 2500 0 2542 0 0 0 2590 0 379225 0 0 Gene Green MD President/CEO 0 800810 0 237282 0 1932 0 135825 0 19867 0 1195716 0 225000 Thomas Carroll Executive Vice President 0 415033 0 0 0 1932 0 68400 0 19867 0 505232 0 0 Joseph Cahill Executive Vice President thru 7/15/16 0 295108 0 50041 0 512714 0 1064063 0 23544 0 1945470 0 50041 Pamela Whelton Treasurer through 8/22/17 0 499584 0 57938 0 5630 0 103369 0 1392 0 667913 0 57938 Margaret Holda Clerk 0 289334 0 37006 0 13821 0 54482 0 19274 0 413917 0 34506 Michael Cullen Treasurer through 1/8/15 0 0 0 0 0 106936 0 0 0 1937 0 108873 0 0 Stephen Coco Treasurer 0 258534 0 0 0 6636 0 61195 0 19274 0 345639 0 0 Schedule J, Part I, Line 3 The President/CEO of SSHS receives compensation for services performed for a related organization. South Shore Health System has a Compensation Committee that meets periodically and engages an independent external compensation consulting firm to establish the compensation of the CEO and other key employees. The consulting firm develops and presents all materials including market trends, compensation studies and surveys, and adheres to best practices guidelines. The final recommendation for compensation changes is presented and approved by the entire independent community of the System's Board of Directors. Schedule J, Part I, Line 4 Michael Cullen, the former Treasurer, and Joseph Cahill, former SSHS officer and South Shore Hospital President/COO, received $44,386 and $235,022 , respectively, in salary continuation payments 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 are deemed to be loaned to these individuals and these individuals are therefore subject to income tax on the imputed interest associated with the loans. The individuals with asterisks are provided with an annual gross up to cover the income taxes due with respect to the imputed interest amounts. Amounts related to these arrangements are reported in Schedule J, Part II. Richard Aubut*, Joseph Cahill*, Michael Cullen*, Margaret Holda, Pamela Whelton, Stephen Coco, Joseph Driscoll. Form 990, Part VI, Section A, Line 2 The persons listed in Part VII have a "business" relationship" with one another by virtue of sitting on boards of entities related to South Shore Health System. Form 990, Part VI, Section A, Line 6 South Shore Health System's Board of Directors are members of the corporation. 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. A complete copy of Form 990 is presented for review to the governing body as a whole prior to the filing deadline. 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 Parent corporation South Shore Health System has no employees, however, through its board's Compensation Committee, makes compensation decisions for all System executives. The Compensation Committee 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 recommendations for the SSHS President/CEO, as well as all 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 Health System makes its governing documents, conflict of interest policy and financial statements available for inspection at the Corporation's office. Copies of these documents are available upon request. In addition, certain governing documents are also available through the Massachusetts Secretary of the Commonwealth's Corporations Division database. Form 990, Part XI, Line 9 Transfers from affiliates; $16,000,000, Transfers to affiliates; -$12,000,000. South Shore Hospital Inc 55 Fogg Road South Weymouth MA 02190 042769210 Hospital MA 501(c)(3) 3 South Shore Health System Inc 1 South Shore Property Inc 55 Fogg Road South Weymouth MA 02190 050398822 Develops and manages real property for South Shore Hospital and its affiliates MA 501(c)(3) 11a, Type I South Shore Health System Inc 1 Coastal Medical Associates Inc dba South Shore Physician Ambulatory Enterprise 55 Fogg Road South Weymouth MA 02190 043170333 Primary and specialized medical care MA 501(c)(3) 3 South Shore Health System Inc 1 MetroSouth Obstetrics & Gynecology Inc 55 Fogg Road South Weymouth MA 02190 330998957 Specialized medical care MA 501(c)(3) 3 South Shore Hospital 0 Atlantic Women's Health Inc 55 Fogg Road South Weymouth MA 02190 200156651 Specialized medical care MA 501(c)(3) 3 South Shore Hospital 0 Health Provider Services Organziation of the South Shore Inc 55 Fogg Road South Weymouth MA 02190 452385865 Supports the charitable mission of SSH&E and affiliates MA 501 (c)(3) 11c, Type III South Shore Health System Inc 1 South Shore Medical Center 143 Longwater Drive Norwell MA 02061 042297845 Specialized and primary medical care MA 501(c)(3) 9 Coastal Medical Associates 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 South Shore Hospital Inc s 15000000 Cash transfer South Shore Property Inc s 1000000 Cash transfer