2018-08-15T10:43:33-05:00 2017-09-30 990 2016-10-01 043230035 PARTNERS HEALTHCARE SYSTEM INC PART 8572820747 399 REVOLUTION DRIVE NO 645 SOMERVILLE MA 02145 PETER K MARKELL EXEC. VP, CFO, & TREASURER 8572820747 2018-08-13 2016 2022-09-23 18:48:47Z DAVID F TORCHIANA MD 800 BOYLSTON STREET BOSTON MA 02199 1282761413 0 X HTTP:WWW.PARTNERS.ORG X 1993 MA PARTNERS HEALTHCARE SYSTEM, INC. IS COMMITTED TO SERVING THE COMMUNITY LOCALLY AND GLOBALLY AND IS DEDICATED TO ENHANCING PATIENT CARE, TEACHING AND RESEARCH. 17 13 7563 0 8101363 429083 225341569 268658863 729692039 835119820 -70992487 174816215 -75027 4166515 883966094 1282761413 205239662 211645435 0 0 490126249 526413781 0 0 3419529 481564157 532077989 1176930068 1270137205 -292963974 12624208 5622437123 5422733376 6287907484 6055002240 -665470361 -632268864 X PARTNERS HEALTHCARE SYSTEM, INC. (PARTNERS) IS COMMITTED TO SERVING THE COMMUNITY AND IS DEDICATED TO ENHANCING PATIENT CARE, TEACHING AND RESEARCH, AND TO TAKING A LEADERSHIP ROLE AS AN INTEGRATED HEALTH CARE SYSTEM. PARTNERS RECOGNIZES THAT INCREASING VALUE AND CONTINUOUSLY IMPROVING QUALITY ARE ESSENTIAL TO MAINTAINING EXCELLENCE. 0 0 219811452 211645435 833323409 SEE SCHEDULE O 219811452 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 1 1 0 1 5724 0 1 7563 1 1 1 0 0 0 0 1 1 0 0 0 0 X 17 13 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 AL AR CA CO FL GA KS LA ME SC MA NH NJ NY NC OH PA TX WI HI IL KY MD MN MO NV VT VA WI X PARTNERS FIN-TAX DIR 8572820747 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 MAURY E MCGOUGH MD DIRECTOR (UNTIL 06/30/2017) 1.00 50.00 X 0 650722 66281 JERROLD F ROSENBAUM MD DIRECTOR 1.00 50.00 X 0 517939 56667 LORI W TISHLER MD MPH DIRECTOR (UNTIL 01/01/2017) 1.00 50.00 X 0 236975 53598 KATHRYN A BRITTON MD DIRECTOR (AS OF 01/01/2017) 1.00 50.00 X 0 236403 53369 EARL M COLLIER JR DIRECTOR 1.00 1.00 X 0 0 0 WILLIAM MAURICE COWAN DIRECTOR 1.00 1.00 X 0 0 0 ANNE M FINUCANE DIRECTOR 1.00 1.00 X 0 0 0 CHARLES K GIFFORD DIRECTOR (UNTIL 06/30/2017) 1.00 1.00 X 0 0 0 SUSAN J HOCKFIELD PHD DIRECTOR 1.00 1.00 X 0 0 0 RICHARD E HOLBROOK DIRECTOR 1.00 1.00 X 0 0 0 ALBERT A HOLMAN III DIRECTOR (UNTIL 06/30/2017) 1.00 1.00 X 0 0 0 EDWARD P LAWRENCE ESQ CHAIRMAN 1.00 X 0 0 0 CARL J MARTIGNETTI DIRECTOR (AS OF 07/01/2017) 1.00 1.00 X 0 0 0 CATHY E MINEHAN DIRECTOR 1.00 1.00 X 0 0 0 DIANE B PATRICK ESQ DIRECTOR (AS OF 07/01/2017) 1.00 1.00 X 0 0 0 PAMELA D A REEVE DIRECTOR (AS OF 07/01/2017) 1.00 1.00 X 0 0 0 SCOTT A SCHOEN DIRECTOR 1.00 1.00 X 0 0 0 SCOTT M SPERLING DIRECTOR 1.00 1.00 X 0 0 0 HENRI A TERMEER DIRECTOR (UNTIL 05/13/2017) 1.00 1.00 X 0 0 0 ALEXANDER L THORNDIKE DIRECTOR (AS OF 07/01/2017) 1.00 1.00 X 0 0 0 GWILL YORK DIRECTOR 1.00 1.00 X 0 0 0 DAVID F TORCHIANA MD PRESIDENT & CEO 50.00 1.00 X 4649309 0 74538 PETER K MARKELL EXECUTIVE VP, CFO & TREASURER 50.00 1.00 X 1877294 0 615792 MAUREEN GOGGIN SECRETARY 50.00 X 169526 0 37766 JAMES W NOGA VICE PRESIDENT & CIO 50.00 X 2991169 0 71037 GREGG S MEYER MD CHIEF CLINICAL OFFICER 50.00 1.00 X 1224916 0 666127 JOHN R BARKER CHIEF INVESTMENT OFFICER 50.00 X 1759698 0 43915 JOSEPH CABRAL CHIEF HUMAN RESOURCES OFFICER 50.00 X 1204702 0 16772 ANNE KLIBANSKI MD CHIEF ACADEMIC OFFICER 1.00 50.00 X 902041 0 56986 BRENT L HENRY ESQ GENERAL COUNSEL 50.00 1.00 X 904802 0 64590 TIMOTHY G FERRIS MD VICE PRESIDENT 50.00 1.00 X 881421 0 60057 CHRISTOPHER MARK COBURN CHIEF INNOVATION OFFICER 50.00 1.00 X 834713 0 71053 LYNNE J EICKHOLT CHIEF STRATEGY OFFICER 50.00 X 689369 0 63982 JOSEPH C KVEDAR MD VICE PRESIDENT 50.00 X 660971 0 57607 18749931 1642039 2130137 1256 0 1 0 SUFFOLK CONSTRUCTION CO 99 CONIFER HILL DRIVE DANVERS MA 606895330 CONSTRUCTION SVCS 168643958 ACCENTURE LLP PO BOX 70629 CHICAGO IL 60673 CONSULTING SERVICES 76000722 RANDSTAD PO BOX 7247-6655 PHILADELPHIA PA 191706655 STAFFING SERVICES 46856312 EPIC SYSTEMS CORPORATION 1979 MILKY WAY VERONA WI 53593 CONSULTING SERVICES 24360136 MCKINSEY & CO INC 280 CONGRESS ST 1100 BOSTON MA 02210 CONSULTING SERVICES 7380000 92 268444819 106544 107500 268658863 ADMINISTRATIVE FEE 561000 835119820 833941483 1178337 835119820 -258469 6259000 -6517469 648502 648502 513846 0 513846 513846 -12201 526047 175074684 0 175074684 175074684 232071 174842613 CHILD CARE REVENUE 624410 1760822 1760822 PARKING INCOME 812930 1428222 1428222 PARTNERSHIP INCOME 621400 -184877 -629033 444156 3004167 1282761413 833312450 8101363 172688737 211645435 211645435 14778655 14778655 384766129 3083767 380060907 1621455 42165731 325444 41840287 50617047 390672 49694163 532212 34086219 263084 33823135 9346287 72137 9274150 1803331 13918 1789413 470868 470868 78631474 606893 77658431 366150 735593 5677 729916 26159280 201903 25551905 405472 85725884 661650 85064234 18611756 143649 18271054 197053 2453524 18937 2434587 461943 3565 458378 193746698 1495376 192251322 74098345 571906 73526439 1575813 12162 1563651 PROGRAM SUPPORT/SUBSIDY 20198807 155898 20042909 MISCELLANEOUS EXPENSES 15341220 118407 14925626 297187 MEALS 1992254 15377 1976877 OTHER RESEARCH EXPENSES 424557 3277 421280 300355 2318 298037 1270137205 219811452 1046906224 3419529 0 94198894 24378581 5379914 0 59674396 78205587 0 0 0 0 3568558575 3562224489 0 0 37305968 12355047 909364738 183872565 709838128 725492173 0 0 879388989 754719786 0 0 0 0 268092259 265357713 5622437123 5422733376 1237870020 1044060333 0 0 3467622659 3553827259 0 0 0 0 1582414805 1457114648 6287907484 6055002240 X -678834186 -634167569 2313825 748705 11050000 1150000 -665470361 -632268864 5622437123 5422733376 X 12624208 15159376 5417913 X X 0 1 X 1 1 1 X 295077034 159546959 183067721 20645801 282570685 940908200 295077034 159546959 183067721 20645801 282570685 940908200 940908200 20177295 14350212 61995189 516424 903879 97942999 324178 82787 813311 1220276 1040071475 1202962043 0.90470 0.87950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 0 0 1 1481962 0 0 1481962 0 LOBBYING EXPENSES THE CORPORATION MAY ON OCCASION CONTACT ITS EMPLOYEES WITH A VOLUNTARY OPPORTUNITY TO PARTICIPATE IN THE CONVERSATION TO PROTECT AGAINST CUTS IN FEDERAL FUNDING THAT WOULD HAVE AN ADVERSE IMPACT ON THE CORPORATION AND ITS AFFILIATES AS WELL AS THE PACE OF MEDICAL ADVANCES, THE ECONOMY, AND THE GLOBAL COMPETITIVENESS OF THE CORPORATION. THE CORPORATION MAY ON OCCASION REVIEW PROPOSED LEGISLATION FOR THE PURPOSE OF DETERMINING THE EFFECT UPON ITS TAX-EXEMPT PURPOSES. THE CORPORATION MAY ON OCCASION ALSO APPEAR BEFORE A LEGISLATIVE COMMITTEE, CONFER WITH LEGISLATORS OR OTHERWISE ATTEMPT TO INFLUENCE LEGISLATION. HOWEVER, IT WILL NOT PARTICIPATE, IN ANY WAY, IN POLITICAL CAMPAIGNS. THE CORPORATION'S INVOLVEMENT IN LEGISLATIVE ACTIVITIES CONSTITUTES AN INSUBSTANTIAL PART OF ITS ACTIVITIES. 18832078 -9637179 1760903 1162669 9793133 11088489 7313016 977078 546505 18832078 6562989 5072977 -260929 286548 11088489 6069859 216931 542631 266432 6562989 5609796 199812 507611 247360 6069859 0.87370 0.11740 0.00890 0 0 15927049 54665612 70592661 30359751 490339320 38752434 481946637 9782945 6874177 2908768 283627653 138245954 145381699 24662408 24662408 725492173 INVESTED CASH EQUIVALENTS 76827398 F EQUITIES 19216680 F U.S. GOV'T & FIXED INCOME SEC. 5874078 F PRIVATE PARTNERSHIPS & OTHER 43471361 C INV IN PARTNERS POOLED INV ACC 609330269 F 754719786 SETTLEMENTS - THIRD PARTY PAYORS 36142243 TAXABLE BONDS, SERIES C & SERI 1420972405 1457114648 INTENDED USE OF ENDOWMENT FUNDS THE ENDOWMENT FUNDS OF PARTNERS HEALTHCARE SYSTEM, INC. ARE USED IN FURTHERANCE OF THE ORGANIZATION'S TAX-EXEMPT MISSION. FIN 48 FOOTNOTE PARTNERS HEALTHCARE SYSTEM, INC. DOES NOT HAVE A FIN 48 FOOTNOTE DISCLOSURE IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. CENTRAL AMERICA/CARIBBEAN PROGRAM SERVICES PAT. CARE, RESEARCH & EDUCATION 150 CENTRAL AMERICA/CARIBBEAN PROGRAM SERVICES JOINTLY OWNED FOREIGN INSURANCE 640557 EAST ASIA AND THE PACIFIC PROGRAM SERVICES PAT. CARE, RESEARCH & EDUCATION 1839592 EUROPE PROGRAM SERVICES PAT. CARE, RESEARCH & EDUCATION 1018513 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES PAT. CARE, RESEARCH & EDUCATION 755046 NORTH AMERICA PROGRAM SERVICES PAT. CARE, RESEARCH & EDUCATION 225584 SOUTH ASIA PROGRAM SERVICES PAT. CARE, RESEARCH & EDUCATION 176120 SUB-SAHARAN AFRICA PROGRAM SERVICES PAT. CARE, RESEARCH & EDUCATION 14351 0 0 0 0 0 0 4669913 0 4669913 1 0 1 1 1 1 ACCOUNTING METHOD THE ORGANIZATION USES THE ACCRUAL METHOD TO REPORT FOREIGN EXPENDITURES TO BE CONSISTENT WITH THE REPORTING USED FOR THE FINANCIAL STATEMENTS. 1 ABCD 178 TREMONT STREET 2ND FLOOR BOSTON MA 02111 042304133 501 (C) (3) 20000 COMMUNITY BENEFIT PROGRAM AIDS ACTION COMMITTEE 75 AMORY STREET ROXBURY MA 02119 222707246 501 (C) (3) 5000 COMMUNITY BENEFIT PROGRAM ALPFA 801 S GRAND AVE SUITE 400 LOS ANGELES CA 90015 320178401 501 (C) (3) 15000 COMMUNITY BENEFIT PROGRAM ALZHEIMERS ASSOCIATION OF MANH CHAPTER 480 PLEASANT STREET WATERTOWN MA 02472 042731194 501 (C) (3) 10000 COMMUNITY BENEFIT PROGRAM AMERICAN CANCER SOCIETY 30 SPEEN STREET FRAMINGHAM MA 01701 131788491 501 (C) (3) 25000 COMMUNITY BENEFIT PROGRAM AMERICAN HEART ASSOCIATION 7272 GREENVILLE AVENUE DALLAS TX 75231 135613797 501 (C) (3) 30000 COMMUNITY BENEFIT PROGRAM BIG SISTER ASSOCIATION 161 MASSACHUSETTS AVENUE BOSTON MA 02115 042150651 501 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HEALTH ASSOCIATION 101 TREMONT STREET SUITE 1011 BOSTON MA 02108 042326503 501 (C) (3) 25000 COMMUNITY BENEFIT PROGRAM MATTAPAN COMMUNITY HEALTH CENTER 1425 BLUE HILL AVENUE MATTAPAN MA 02126 042544151 501 (C) (3) 182500 COMMUNITY BENEFIT PROGRAM MIRA 105 CHAUNCY STREET SUITE 901 BOSTON MA 02111 223115048 501 (C) (3) 5000 COMMUNITY BENEFIT PROGRAM NATIONAL ALLIANCE ON MENTAL ILLNESS (NAMI) SCHRAFFTS CENTER 529 MAIN STREET SUITE 1M17 BOSTON MA 021291125 042777012 501 (C) (3) 11250 COMMUNITY BENEFIT PROGRAM NATIONAL ASSOCIATION OF CORPORATE DIRECTORS 10 BACK BAY RIVER ROAD AMESBURY MA 01913 043370584 501 (C) (3) 5000 COMMUNITY BENEFIT PROGRAM NORTH END WATERFRONT HEALTH 332 HANOVER STREET BOSTON MA 02113 237089746 501 (C) (3) 5000 COMMUNITY BENEFIT PROGRAM PROJECT BREAD 145 BORDER STREET BOSTON MA 02128 042931195 501 (C) (3) 41500 COMMUNITY BENEFIT PROGRAM PROJECT HOPE 550 DUDLEY STREET ROXBURY MA 02119 042748880 501 (C) (3) 5000 COMMUNITY BENEFIT PROGRAM PROJECT PLACE 1145 WASHINGTON ST 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WAY OF MASSACHUSETTS BAY PO BOX 51381 BOSTON MA 02210 042382233 501 (C) (3) 10000 COMMUNITY BENEFIT PROGRAM UNIVERSITY OF MASS DONOHUE INSTITUTE 100 VENTURE WAY SUITE 9 HADLEY MA 01035 043167352 501 (C) (3) 53544 COMMUNITY BENEFIT PROGRAM UPHAM'S CORNER HEALTH CENTER 500 COLOMBIA RD DORCHESTER MA 02125 042708670 501 (C) (3) 225000 COMMUNITY BENEFIT PROGRAM URBAN LAND INSTITUTE 88 WARREN STREET ROXBURY MA 02119 237349132 501 (C) (3) 10000 CHARITABLE CONTRIBUTIONS URBAN LEAGUE OF BOSTON 88 WARREN STREET ROXBURY MA 02119 237349132 501 (C) (3) 10000 COMMUNITY BENEFIT PROGRAM VICTORY PROGRAMS 965 MASSACHUSETTS AVENUE BOSTON MA 02118 042575322 501 (C) (3) 10000 COMMUNITY BENEFIT PROGRAM WAGE PROJECT INC 1443 BEACON ST APT 809 BROOKLINE MA 02446 020703030 501 (C) (3) 25000 CHARITABLE CONTRIBUTIONS WHITTIER STREET HC 1125 TREMONT STREET ROXBURY MA 02120 042619517 501 (C) (3) 10000 COMMUNITY BENEFIT PROGRAM YEAR UP INC 45 MILK STREET 9TH FLOOR BOSTON MA 02109 043534407 501 (C) (3) 5000 COMMUNITY BENEFIT PROGRAM MASSACHUSETTS GENERAL PHYSICIAN ORGANIZATION INC 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 042807148 501 (C) (3) 3065771 EXEMPT AFFILIATE SUPPORT THE SPAULDING REHABILITATION HOSPITAL 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 042551124 501 (C) (3) 2745608 EXEMPT AFFILIATE SUPPORT FRC INC 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 222632121 501 (C) (3) 779224 EXEMPT AFFILIATE SUPPORT SPAULDING HOSPITAL - CAMBRIDGE INC 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 270273715 501 (C) (3) 2011655 EXEMPT AFFILIATE SUPPORT PARTNERS CONTINUING CARE INC 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 260003495 501 (C) (3) 55818633 EXEMPT AFFILIATE SUPPORT REHABILITATION HOSPITAL OF CAPE AND ISLAND CORP 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 043071419 501 (C) (3) 997445 EXEMPT AFFILIATE SUPPORT THE MCLEAN HOSPITAL 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 042697981 501 (C) (3) 5000000 EXEMPT AFFILIATE SUPPORT BRIGHAM AND WOMENS PHYSICIANS ORGANIZATION INC 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 043466314 501 (C) (3) 3999999 EXEMPT AFFILIATE SUPPORT NORTH SHORE PHYSICIANS GROUP INC 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 043080484 501 (C) (3) 4000000 EXEMPT AFFILIATE SUPPORT NEWTON-WELLESLEY AMBULATORY SERVICES INC 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 222560501 501 (C) (3) 7800000 EXEMPT AFFILIATE SUPPORT PARTNERS COMMUNITY PHYSICIANS ORGANIZATION INC 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 043236175 501 (C) (3) 14273708 EXEMPT AFFILIATE SUPPORT NEIGHBORHOOD HEALTH PLAN INC 399 REVOLUTION DRIVE SUITE 645 SOMERVILLE MA 02145 042932021 501 (C) (4) 57200000 EXEMPT AFFILIATE SUPPORT ASSUMPTION COLLEGE 500 SALISBURY ST WORCESTER MA 01609 042105776 501 (C) (3) 5500 COMMUNITY BENEFIT PROGRAM BOSTON COLLEGE 140 COMMONWEALTH AVE CHESTNUT HILL MA 02467 042103545 501 (C) (3) 13000 COMMUNITY BENEFIT PROGRAM BOSTON UNIVERSITY ONE SILBER WAY BOSTON MA 02215 042103547 501 (C) (3) 21000 COMMUNITY BENEFIT PROGRAM BRIDGEWATER STATE UNIVERSITY 131 SUMMER ST BRIDGEWATER MA 02324 222678005 501 (C) (3) 9500 COMMUNITY BENEFIT PROGRAM BUNKER HILL COMMUNITY COLLEGE 250 NEW RUTHERFORD AVE BOSTON MA 02129 222757389 501 (C) (3) 14000 COMMUNITY BENEFIT PROGRAM COLLEGE OF THE HOLY CROSS 1 COLLEGE ST WORCESTER MA 01610 042103558 501 (C) (3) 5000 COMMUNITY BENEFIT PROGRAM CURRY COLLEGE 1071 BLUE HILL AVENUE MILTON MA 02186 042199867 501 (C) (3) 5000 COMMUNITY BENEFIT PROGRAM DARTMOUTH COLLEGE 6024 MCNUTT HALL HANOVER MA 03755 020222111 501 (C) (3) 9500 COMMUNITY BENEFIT PROGRAM FRAMINGHAM STATE UNIVERSITY 100 STATE STREET FRAMINGHAM MA 01701 046002284 STATE OF MA 6000 COMMUNITY BENEFIT PROGRAM HARVARD UNIVERSITY 1350 MASSACHUSETTS AVE CAMBRIDGE MA 02138 042103580 501 (C) (3) 8500 COMMUNITY BENEFIT PROGRAM ITHACA COLLEGE 953 DANBY RD ITHACA NY 14850 150532204 501 (C) (3) 5500 COMMUNITY BENEFIT PROGRAM LESLEY UNIVERSITY 29 EVERETT STREET CAMBRIDGE MA 02138 042103589 501 (C) (3) 5500 COMMUNITY BENEFIT PROGRAM MA COLLEGE OF PHARMACY & HEALTH SCIENCES 179 LONGWOOD AV BOSTON MA 02115 042104700 501 (C) (3) 18000 COMMUNITY BENEFIT PROGRAM MOUNT HOLYOKE COLLEGE 50 COLLEGE STREET SOUTH HADLEY MA 01075 042103578 501 (C) (3) 9000 COMMUNITY BENEFIT PROGRAM MILLS COLLEGE 5000 MACARTHUR BLVD OAKLAND CA 94613 941156566 501 (C) (3) 5500 COMMUNITY BENEFIT PROGRAM NORTHEASTERN UNIVERSITY 360 HUNTINGTON AVE BOSTON MA 02115 041679980 501 (C) (3) 26750 COMMUNITY BENEFIT PROGRAM SALEM STATE UNIVERSITY 352 LAFAYETTE ST SALEM MA 01970 042620632 501 (C) (3) 9000 COMMUNITY BENEFIT PROGRAM SIMMONS COLLEGE 300 FENWAY BOSTON MA 02115 042103629 501 (C) (3) 20000 COMMUNITY BENEFIT PROGRAM STONEHILL COLLEGE 320 WASHINGTON STREET EASTON MA 02357 042104229 501 (C) (3) 5000 COMMUNITY BENEFIT PROGRAM THOMPSON ISLAND OUTWARD BOUND EDUCATION CENTER PO BOX 127 BOSTON MA 02127 043027900 501 (C) (3) 7533 COMMUNITY BENEFIT PROGRAM THE JOSEPH B MARTIN CONFERENCE CENTER AT HARVARD 77 AVENUE LOUIS PASTEUR BOSTON MA 02115 132814803 501 (C) (3) 7800 COMMUNITY BENEFIT PROGRAM TRUSTEES OF TUFTS COLLEGE 419 BOSTON AVE MEDFORD MA 02155 042103634 501 (C) (3) 17000 COMMUNITY BENEFIT PROGRAM UMASS AMHERST 181 PRESIDENTS DRIVE AMHERT MA 01003 542084125 STATE OF MA 22500 COMMUNITY BENEFIT PROGRAM UMASS BOSTON 100 MORRISSEY BLVD BOSTON MA 02125 043167352 STATE OF MA 46000 COMMUNITY BENEFIT PROGRAM UMASS DARTMOUTH 285 OLD WESTPORT RD NORTH DARTMOUTH MA 02747 043167352 STATE OF MA 19500 COMMUNITY BENEFIT PROGRAM UMASS LOWELL 1 UNIVERSITY AVE LOWELL MA 01854 043167352 STATE OF MA 9000 COMMUNITY BENEFIT PROGRAM WENTWORTH INSTITUTE OF TECHNOLOGY 550 HUNTINGTON AVE BOSTON MA 02115 041958460 501 (C) (3) 5500 COMMUNITY BENEFIT PROGRAM WHEATON COLLEGE 501 COLLEGE AVE WHEATON IL 60187 362182171 501 (C) (3) 5500 COMMUNITY BENEFIT PROGRAM ACCELERATED COLLEGE EXPERIENCES INC 251 HEATH STREET APT 207 JAMAICA PLAIN MA 02130 454101866 501 (C) (3) 119085 COMMUNITY BENEFIT PROGRAM UASPIRE 31 MILK STREET 900 BOSTON MA 02109 043564307 501 (C) (3) 370130 COMMUNITY BENEFIT PROGRAM THIRD SECTOR NEW ENGLAND NONPROFIT CENTER 89 SOUTH ST SUITE 700 BOSTON MA 02111 042261109 501 (C) (3) 49224 COMMUNITY BENEFIT PROGRAM 131 1 SCHEDULE I, PART I, LINE 2 PARTNERS HEALTHCARE SYSTEM, INC. MAKES DONATIONS TO VARIOUS TAX-EXEMPT ORGANIZATIONS. THESE DONATIONS CAN BE USED BY THE RECIPIENT ONLY IN FURTHERANCE OF THEIR TAX-EXEMPT MISSION. X X X 1 1 X X X X X 1 1 0 0 0 0 0 1 0 MAURY E MCGOUGH MD DIRECTOR (UNTIL 06/30/2017) 0 521860 0 63480 0 65382 0 36479 0 29802 0 717003 0 0 JERROLD F ROSENBAUM MD DIRECTOR 0 386061 0 78950 0 52928 0 36477 0 20190 0 574606 0 0 LORI W TISHLER MD MPH DIRECTOR (UNTIL 01/01/2017) 0 185871 0 14987 0 36117 0 32458 0 21140 0 290573 0 0 KATHRYN A BRITTON MD DIRECTOR (AS OF 01/01/2017) 0 204375 0 12921 0 19107 0 32173 0 21196 0 289772 0 0 DAVID F TORCHIANA MD PRESIDENT & CEO 2125250 0 600350 0 1923709 0 36475 0 38063 0 4723847 0 0 0 PETER K MARKELL EXECUTIVE VP, CFO & TREASURER 1283461 0 156290 0 437543 0 586476 0 29316 0 2493086 0 0 0 MAUREEN GOGGIN SECRETARY 150019 0 350 0 19157 0 17394 0 20372 0 207292 0 0 0 JAMES W NOGA VICE PRESIDENT & CIO 602659 0 47168 0 2341342 0 36479 0 34558 0 3062206 0 1116935 0 GREGG S MEYER MD CHIEF CLINICAL OFFICER 1022862 0 124958 0 77096 0 629444 0 36683 0 1891043 0 0 0 JOHN R BARKER CHIEF INVESTMENT OFFICER 552062 0 1143860 0 63776 0 36480 0 7435 0 1803613 0 0 0 JOSEPH CABRAL CHIEF HUMAN RESOURCES OFFICER 1013381 0 94767 0 96554 0 0 0 16772 0 1221474 0 0 0 ANNE KLIBANSKI MD CHIEF ACADEMIC OFFICER 683647 0 104482 0 113912 0 36479 0 20507 0 959027 0 0 0 BRENT L HENRY ESQ GENERAL COUNSEL 716612 0 56063 0 132127 0 36477 0 28113 0 969392 0 0 0 TIMOTHY G FERRIS MD VICE PRESIDENT 600285 0 184500 0 96636 0 36843 0 23214 0 941478 0 0 0 CHRISTOPHER MARK COBURN CHIEF INNOVATION OFFICER 592870 0 181990 0 59853 0 36479 0 34574 0 905766 0 0 0 LYNNE J EICKHOLT CHIEF STRATEGY OFFICER 574535 0 46250 0 68584 0 36475 0 27507 0 753351 0 0 0 JOSEPH C KVEDAR MD VICE PRESIDENT 480684 0 103752 0 76535 0 36478 0 21129 0 718578 0 0 0 PART I, LINE 7 CERTAIN EMPLOYEES RECEIVED INCENTIVE COMPENSATION BASED ON ACHEIVEMENT OF ORGANIZATIONAL AND INDIVIDUAL GOALS. THE COMPENSATION COMMITTEE OF PARTNERS HEALTHCARE OR THE COMEPNSATION COMMITTEES OF PARTNERS SUBRODINATE ENTITIES HAVE THE FINAL AUTHORITY FOR SUCH PAYMENTS. TRUSTEE COMPENSATION TRUSTEES RECEIVE NO COMPENSATION OR CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS FOR SERVICE ON THE BOARD OR ITS COMMITTEES. BOARD MEMBERS WHO ARE ALSO EMPLOYED BY THE CORPORATION OR A PARTNERS AFFILIATE RECEIVE COMPENSATION ONLY FOR THEIR SERVICES AS EMPLOYEES. TRAVEL FOR COMPANIONS TRAVEL FOR COMPANIONS WAS PROVIDED TO AN OFFICER LISTED ON FORM 990, PART VII AS THE COMPANIONS ATTENDANCE WAS REQUIRED TO FULFILL A BONA FIDE BUSINESS PURPOSE. THESE PAYMENTS WERE PROVIDED PURSUANT TO A WRITTEN POLICY AND WERE TREATED AS NON-TAXABLE BUSINESS EXPENSES. FIRST CLASS TRAVEL FIRST CLASS TRAVEL WAS PROVIDED TO AN OFFICER LISTED ON FORM 990, PART VII. THIS BENEFIT WAS PROVIDED PURSUANT TO A WRITTEN POLICY AND TREATED AS NON-TAXABLE BUSINESS EXPENSES. THE BENEFIT WAS REVIEWED AND APPROVED BY THE PARTNERS HEALTHCARE COMPENSATION COMMITTEE. PAYMENT OR REIMBURSEMENT OF EXPENSES HEALTH OR SOCIAL CLUB DUES OR INITITATION FEES WERE PROVIDED TO AN OFFICER. THIS PAYMENT WAS MADE PURSUANT TO A WRITTEN POLICY AND WAS TREATED AS TAXABLE COMPENSATION. PARTICIPATION IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THESE AMOUNTS ARE ALREADY INCLUDED IN THE COMPENSATION DISCLOSED ON SCHEDULE J, PART II DAVID F. TORCHIANA, M.D. - $1,845,586 JAMES W. NOGA - $2,273,735 PETER K. MARKELL - $370,063 GREGG S. MEYER, M.D. - $592,967 BRENT L. HENRY, ESQ. - $54,223 A MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES D 042456011 57585K3N6 2003-05-28 343630000 SERIES D - SEE SCHEDULE K PART VI 0 0 0 B MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES F 042456011 57586CGW9 2005-06-10 411566153 SERIES F - SEE SCHEDULE K PART VI 0 0 0 C MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES G-5 042456011 57586CZL2 2007-06-07 326508722 SERIES G5 - SEE SCHEDULE K PART VI 0 0 0 D MHEFA PARTNERS HEALTHCARE SER G-1G-2G-3G-4G-6 042456011 57586CZW8 2007-06-07 380000000 SERIES G - SEE SCHEDULE K PART VI 0 0 0 A 343630000 344268619 15436586 2026416 249756929 77048688 2005 1 0 1 1 B 172375000 419448101 18398432 2671595 2650000 326493380 69234694 2007 1 0 1 1 C 191750000 329345063 9382534 2338149 164128012 153496369 2009 1 1 1 1 D 225000000 386190828 20479076 2776551 4696147 358239054 2009 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 1 1 BEAR STEARNS CAPITAL MARKETS 32.200000000000 0 0 1 TRINITY PLUS 2.400000000000 1 0 1 B 0 0 1 1 1 1 BEAR STEARNS CAPITAL MARKETS 35.000000000000 0 0 1 XL ASSET FUNDING COMPANY I LLC 1.800000000000 1 0 1 C 0 0 1 1 0 0 1 CITIGROUP FINANCIAL PRODUCTS INC 1.700000000000 0 0 1 D 0 0 1 1 1 1 GOLDMAN SACHS CAPITAL MARKETS 35.000000000000 0 0 1 CITIGROUP FINANCIAL PRODUCTS INC 1.700000000000 1 0 1 A 1 B 1 C 1 D 1 PART I BOND ISSUES (F) DESCRIPTION OF PURPOSE (A) FINANCING A PORTION OF THE CONSTRUCTION OF NEW SPACE IN AN AMBULATORY CARE BUILDING AND A PORTION OF THE CONSTRUCTION OF A PARKING GARAGE; AND THE ACQUISITION AND INSTALLATION OF CAPITAL EQUIPMENT AND CONSTRUCTION OF IMPROVEMENTS AND RENOVATIONS TO EXISTING FACILITIES. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY VARIABLE RATE DEMAND REVENUE BONDS, BRIGHAM AND WOMEN'S HOSPITAL ISSUE, SERIES A, ISSUED 12/31/85. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, MASSACHUSETTES GENERAL HOSPITAL ISSUE, SERIES F, ISSUED 12/2/92. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, BRIGHAM AND WOMEN'S HOSPITAL ISSUE, SERIES E, ISSUED 10/12/93. (B) FINANCING A PORTION OF THE FOLLOWING PROJECTS: TENANT IMPROVEMENTS AND FIT OUT OF LEASED SPACE; CONSTRUCTION AND RENOVATION OF OPERATING ROOMS AT AN AMBLUATORY SURGERY CENTER; RENOVATIONS TO VARIOUS CLINICAL AREAS. FINANCING A PORTION OF THE FOLLOWING PROJECTS: ACQUISITION OF A FACILITY AND A SMALL PARCEL OF VACANT LAND; CONSTRUCTION OF A CARDIOVASCULAR CENTER; THE ACQUISITION AND INSTALLATION OF CAPITAL EQUIPMENT AND CONSTRUCTION OF IMPROVEMENTS AND RENOVATIONS TO VARIOUS EXISTING FACILITIES. FINANCING A PORTION OF THE CONSTRUCTION AND RENOVATION OF FACILITIES. FINANCING THE ACQUISITION AND IMPROVEMENTS OF A PORTION OF A BUILDING AND INSTALLATION OF CAPITAL EQUIPMENT THEREIN. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, NEWTON-WELLESLEY HOSPITAL ISSUE, SERIES E, ISSUED 9/20/95. (C) REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES A, ISSUED 9/18/97. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES C, ISSUED 4/26/01. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, NEWTON-WELLESLEY HOSPITAL ISSUE, SERIES G, ISSUED 2/6/97. (D) FINANCING A PORTION OF CONSTRUCTION OF A CARDIOVASCULAR CENTER. FINANCING THE FOLLOWING PROJECTS: A PORTION OF THE CONSTRUCTION OF A BUILDING AND A RECEIVING DOCK; A PORTION OF THE COST OF ACQUISITION OF CONDOMINIUM UNITS; AND RENOVATIONS TO CLINICAL SPACE. FINANCING RENOVATIONS AND IMPROVEMENTS TO INPATIENT CLINICAL AREAS. FINANCING A PORTION OF THE FOLLOWING PROJECTS: CONSTRUCTION AND EQUIPPING OF AN AMBULATORY CARE CENTER; THE ACQUISITION AND INSTALLATION OF A SYSTEM-WIDE REVENUE MANAGEMENT SYSTEM. (E) REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES G-1 AND G-3, ISSUED 6/28/07. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY VARIABLE RATE DEMAND REVENUE BONDS, NEWTON-WELLESLEY HOSPITAL ISSUE, SERIES F, ISSUED 11/16/1995. (F) FINANCING A PORTION OF THE FIT-OUT AND EQUIPPING OF AN AMBULATORY CARE CENTER. FINANCING A PORTION OF THE FOLLOWING PROJECTS: THE CONSTRUCTION OF A BUILDING AND A RECEIVING DOCK; CONSTRUCTION AND EQUIPPING OF A MULTI-SPECIALTY AMBLUATORY CARE CENTER; AND RENOVATIONS TO CLINICAL SPACE. FINANCING RENOVATIONS AND IMPROVEMENTS TO INPATIENT CLINICAL AREAS. FINANCING A PORTION OF THE COST OF RENOVATIONS, EQUIPPING AND FURNISHING OF CLINICAL SPACE TO HOUSE A CANCER CENTER. FINANCING A PORTION OF THE FOLLOWING PROJECTS: THE ACQUISITION AND INSTALLATION OF A SYSTEM-WIDE REVENUE MANAGEMENT SYSTEM AND AN ACUTE CARE DOCUMENTATION MANAGEMENT SYSTEM. PART I BOND ISSUES (F) DESCRIPTION OF PURPOSE (CONTINUE) (G) FINANCING A PORTION OF THE FOLLOWING PROJECTS: THE CONSTRUCTION OF A BUILDING AND A RECEIVING DOCK; CONSTRUCTION AND EQUIPPING OF A MULTI-SPECIALTY AMBLUATORY CARE CENTER; AND RENOVATIONS TO CLINICAL SPACE. FINANCING RENOVATIONS AND IMPROVEMENTS TO INPATIENT CLINICAL AREAS. FINANCING A PORTION OF THE FOLLOWING PROJECTS: THE ACQUISITION AND INSTALLATION OF A SYSTEM-WIDE REVENUE MANAGEMENT SYSTEM AND AN ACUTE CARE DOCUMENTATION MANAGEMENT SYSTEM. FINANCING RENOVATIONS AND IMPROVEMENTS TO AN EMERGENCY DEPARTMENT. FINANCING THE ACQUISITION OF AND IMPROVEMENTS TO A HOSPITAL FACILITY. FINANCING PLANNING COSTS INCLUDING ENVIRONMENTAL REMEDIATION COSTS ASSOCIATED WITH THE DEVELOPMENT OF A NEW REHABILITATION HOSPITAL FACILITY. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES G-4, ISSUED 6/28/07. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES A, ISSUED 9/18/97. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES B, ISSUED 4/28/99. (H) FINANCING RENOVATIONS AND IMPROVEMENTS TO AN EMERGENCY DEPARTMENT. FINANCING A PORTION OF THE FOLLOWING PROJECTS: THE CONSTRUCTION OF A BUILDING AND A RECEIVING DOCK; CONSTRUCTION AND EQUIPPING OF A MULTI-SPECIALTY AMBLUATORY CARE CENTER; AND RENOVATIONS TO CLINICAL SPACE. FINANCING PLANNING COSTS INCLUDING ENVIRONMENTAL REMEDIATION COSTS ASSOCIATED WITH THE DEVELOPMENT OF A NEW REHABILITATION HOSPITAL FACILITY. FINANCING A PORTION OF THE FOLLOWING PROJECTS: THE ACQUISITION AND INSTALLATION OF A SYSTEM-WIDE REVENUE MANAGEMENT SYSTEM AND AN ACUTE CARE DOCUMENTATION MANAGEMENT SYSTEM. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES C, ISSUED 4/26/01. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES D-1, D-2 AND D-4, ISSUED 5/28/03. (I) FINANCING RENOVATIONS AND IMPROVEMENTS TO AN EMERGENCY DEPARTMENT. FINANCING PLANNING COSTS INCLUDING ENVIRONMENTAL REMEDIATION COSTS ASSOCIATED WITH THE DEVELOPMENT OF A NEW REHABILITATION HOSPITAL FACILITY. FINANCING A PORTION OF THE FOLLOWING PROJECTS: THE ACQUISITION AND INSTALLATION OF A SYSTEM-WIDE REVENUE MANAGEMENT SYSTEM AND AN ACUTE CARE DOCUMENTATION MANAGEMENT SYSTEM. FINANCING PLANNING COSTS AND CONSTRUCTION OF BUILDING TO HOUSE CLINICAL AND RESEARCH SPACE AND UNDERGROUND PARKING SPACES. FINANCING THE CONSTRUCTION OF AN UNDERGROUND PARKING FACILITY. FINANCING THE ACQUISITION OF LAND AND BUILDING TO HOUSE WET AND DRY RESEARCH SPACE, AND PARKING GARAGE. FINANCING THE ACQUISITION, RENOVATION, EQUIPPING AND FURNISHING OF AN OUTPATIENT SURGICAL CENTER. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES B, ISSUED 4/28/99. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES C, ISSUED 4/26/01. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES E, ISSUED 6/12/03. PART I BOND ISSUES (F) DESCRIPTION OF PURPOSE (CONTINUE) (J) FINANCING THE CONSTRUCTION OF A NEW BUILDING AT BRIGHAM AND WOMEN'S HOSPITAL'S MAIN CAMPUS AND A NEW BUILDING TO HOUSE A 132-BED REPLACEMENT FACILITY FOR SPAULDING REHABILITATION HOSPITAL. FINANCING THE CONSTRUCTION OF AN UNDERGROUND PARKING FACILITY. FINANCING THE ACQUISITION AND INSTALLATION OF A SYSTEM-WIDE REVENUE MANAGEMENT AND CLINICAL APPLICATION SYSTEM. FINANCING THE CONSTRUCTION OF A TWO STORY DATA CENTER AND A NEW POWER PLANT. FINANCING THE RENOVATION, EQUIPPING AND FURNISHING OF VARIOUS FACILITIES. REFINANCING MASSACHUSETTS DEVELOPMENT FINANCE AGENCY, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES K-3 ISSUED 1/13/2011 REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES D-3, ISSUED 5/28/2003 (K) REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES F-4 REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES I-1 (L) FINANCING THE CONSTRUCTION OF A NEW BUILDING AT BRIGHAM AND WOMEN'S HOSPITAL'S MAIN CAMPUS FINANCING THE CONSTRUCTION OF AN UNDERGROUND PARKING FACILITY. FINANCING THE CONSTRUCTION OF A TWO STORY DATA CENTER AND A NEW POWER PLANT. FINANCING THE ACQUISITION AND INSTALLATION OF A SYSTEM-WIDE REVENUE MANAGEMENT AND CLINICAL APPLICATION SYSTEM. REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES F-5 REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES G-5 PART I BOND ISSUES (M) DESCRIPTION OF PURPOSE (CONTINUE) (M) FINANCING THE CONSTRUCTION OF A NEW BUILDING AT BRIGHAM AND WOMEN'S HOSPITAL'S MAIN CAMPUS FINANCING THE RENOVATION OF A NEONATAL INTENSIVE CARE UNIT AND CONSTRUCTION OF A SPECIAL CARE NURSERY. FINANCING THE CONSTRUCTION OF A TWO STORY DATA CENTER FINANCING THE ACQUISITION AND INSTALLATION OF A SYSTEM-WIDE REVENUE MANAGEMENT AND CLINICAL APPLICATION SYSTEM. REFINANCING INTERIM BORROWING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES K-4 REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES F-5 REFINANCING MASSACHUSETTS HEALTH & EDUCATIONAL FACILITIES AUTHORITY REVENUE BONDS, PARTNERS HEALTHCARE SYSTEM ISSUE, SERIES G-5 (N) FINANCING THE CONSTRUCTION OF A NEW BUILDING AT BRIGHAM AND WOMEN'S HOSPITAL'S MAIN CAMPUS FINANCING THE CONSTRUCTION OF AN UNDERGROUND PARKING FACILITY. FINANCING THE CONSTRUCTION OF A TWO STORY DATA CENTER PART II PROCEEDS (3) TOTAL PROCEEDS INCLUDE INVESTMENT EARNINGS. PART III PRIVATE BUSINESS USE PARTIALLY APPLICABLE PURSUANT TO THE INSTRUCTIONS, AS THE BOND ISSUE CONSISTED OF THE REFUNDING OF A PRE-JANUARY 1, 2003 ISSUE. PART IV ARBITRAGE (1) FORM 8038-T HAS NOT BEEN FILED AS ARBITRAGE REBATE PAYMENTS HAVE NOT BEEN REQUIRED. A 1/05/2009 B 9/09/2010 C 8/03/2012 D 8/03/2012 E 5/08/2013 F 6/19/2014 G 2/09/2015 H 2/19/2016 I 2/09/2017 A MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES H 042456011 57586CW27 2008-04-01 171320000 SERIES H - SEE SCHEDULE K PART VI 0 0 0 B MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES I 042456011 57586EHR5 2009-05-14 229977036 SERIES I - SEE SCHEDULE K PART VI 0 0 0 C MHEFA PARTNERS HEALTHCARE SYSTEM INC SERIES J 042456011 57586ENK3 2010-01-05 509178736 SERIES J - SEE SCHEDULE K PART VI 0 0 0 D MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES K 043431814 57583R6W0 2011-01-13 436019104 SERIES K - SEE SCHEDULE K PART VI 0 0 0 A 810000 171320000 420000 170900000 2009 1 0 1 1 B 76870000 229981250 2556080 116071 227309098 2009 0 0 1 1 C 95760000 509258319 5151067 249983765 254123487 2010 1 0 1 1 D 188405000 436030814 3523063 201342457 231165294 2011 1 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 1 1 1 0 1 CITIGROUP FINANCIAL PRODUCTS INC 0.800000000000 1 0 1 B 0 0 1 1 1 1 MERRILL LYNCH CAPITAL SERVICES 35.000000000000 0 0 0 0 1 C 0 0 1 1 0 0 0 0 1 D 0 0 1 1 1 1 MERRILL LYNCH CAPITAL SERVICES 35.000000000000 0 0 0 0 1 A 1 B 1 C 1 D 1 A MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES L 043431814 57583UMV7 2012-01-04 353501227 SERIES L - SEE SCHEDULE K PART VI 0 0 0 B MDFA PARTNERS HEALTHCARE SYSTEM INC SERIES M 043431814 57583UG77 2014-01-30 510376675 SERIES M - SEE SCHEDULE K PART VI 0 0 0 C MDFA PARTNERS HEALTHCARE SYSTEM SERIES N-1 AND N-2 043431814 2014-08-27 141350000 SERIES N - SEE SCHEDULE K PART VI 0 0 0 D MDFA PARTNERS HEALTHCARE SYSTEM SERIES O 043431814 57583UW20 2015-01-29 357583529 SERIES O - SEE SCHEDULE K PART VI 0 0 0 A 23815000 353570173 3056210 260903277 89610686 2012 1 1 1 1 B 4120000 510376950 4042015 360854935 145480000 2014 1 0 1 1 C 6200000 141350000 141350000 2014 1 0 1 1 D 2745000 359440557 2813646 214703942 141922969 2015 0 1 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 1 0 0 1 1 BEAR STEARNS CAPITAL MARKETS 35.000000000000 0 0 0 0 1 C 0 1 0 0 1 1 BANK OF AMERICA NA 35.000000000000 0 0 0 0 1 D 0 1 0 0 1 1 BEAR STEARNS CAPITAL MARKETS 35.000000000000 0 0 0 0 1 A 1 B 1 C 1 D 1 A MDFA PARTNERS HEALTHCARE SYSTEM SERIES Q 043431814 57584XJG7 2016-01-28 491625624 SERIES Q - SEE SCHEDULE K PART VI 0 0 0 B MDFA PARTNERS HEALTHCARE SYSTEM SERIES R-1 AND R-2 043431814 2016-03-31 100000000 SERIES R-1 AND R-2 - SEE SCHEDULE K PART VI 0 0 0 A 390000 492608063 3731911 402774737 86101415 2016 1 1 1 1 B 100000000 100000000 2016 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 1 1 BANK OF AMERICA NA 36.000000000000 0 0 0 0 1 A 1 B 1 R SOBERMAN FAMILY - KLIBANSKI 150500 SALARY-GHC 0 R BLANCHFIELD FAMILY - MEYER 134018 SALARY-GHC 0 E COLLIER FAMILY - COLLIER 94028 SALARY-NWH 0 STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS PARTNERS HEALTHCARE SYSTEM, INC., (PARTNERS) ESTABLISHED IN MARCH 1994, IS THE CORPORATION OVERSEEING THE AFFILIATION OF BRIGHAM HEALTH, THE MASSACHUSETTS GENERAL HOSPITAL, NSMC HEALTHCARE, INC., NEWTON-WELLESLEY HEALTH CARE SYSTEM, INC., PARTNERS CONTINUING CARE, INC. AND NEIGHBORHOOD HEALTH PLAN, INC. PARTNERS IS DEVELOPING AN INTEGRATED HEALTH CARE DELIVERY SYSTEM THROUGHOUT THE REGION THAT OFFERS PATIENTS A CONTINUUM OF COORDINATED, HIGH-QUALITY CARE. THE SYSTEM INCLUDES PRIMARY CARE PHYSICIANS AND SPECIALISTS, COMMUNITY HOSPITALS, THE TWO FOUNDING ACADEMIC MEDICAL CENTERS (MGH AND BWH) AND OTHER HEALTH-RELATED ENTITIES. PARTNERS IS CREATING A FRAMEWORK IN WHICH ALL ASPECTS OF THE HEALTH CARE DELIVERY SYSTEM ARE COORDINATED BETWEEN AND AMONG PROVIDERS AND FACILITIES. PARTNERS IMPROVES THE QUALITY OF HEALTH CARE AND FURTHER SERVES THE PUBLIC AT LARGE BY SUPPORTING ITS MEMBER ORGANIZATIONS SO THAT THEY MAY PURSUE THEIR PATIENT CARE, TEACHING AND RESEARCH MISSIONS. THE MEMBER ORGANIZATIONS OF PARTNERS HAVE JOINED TOGETHER IN A COMMITMENT TO SERVE THE COMMUNITY. TOGETHER, THESE ORGANIZATIONS ARE DEDICATED TO ENHANCING PATIENT CARE, TEACHING AND RESEARCH, AND TO TAKING A LEADERSHIP ROLE AS AN INTEGRATED HEALTH CARE SYSTEM. PARTNERS IS COMMITTED TO LEADING THE WAY IN DESIGNING INTEGRATED PATIENT AND FAMILY-CENTERED CARE WITH THE GOALS OF ENHANCING THE QUALITY OF PATIENT CARE AND SLOWING THE INCREASE IN HEALTH CARE COSTS. SEVERAL YEARS AGO, PARTNERS HEALTHCARE LAUNCHED A SERIES OF STRATEGIC INITIATIVES TO REDESIGN CARE WITH AN EMPHASIS ON IMPROVING QUALITY AND AFFORDABILITY. MULTI-DISCIPLINARY TEAMS FROM PHS AND FROM PARTNERS HEALTHCARE HOSPITALS WERE ASSEMBLED TO DEVELOP AND IMPLEMENT STRATEGIES FOR CHANGE THAT FOCUSED ON CARE REDESIGN INITIATIVES TO IMPROVE PATIENT CARE QUALITY AND OUTCOMES AND ON PATIENT AFFORDABILITY INITIATIVES TO MANAGE COST GROWTH AND REDUCE PER-UNIT COSTS IN DIRECT PATIENT CARE AND OVERHEAD. SINCE PARTNERS HEALTHCARE BEGAN THOSE INITIATIVES, THE PRESSURE TO REDUCE HEALTHCARE COSTS HAS CONTINUED, AND THE HEALTHCARE INDUSTRY HAS ALSO BEEN CHARACTERIZED BY THE GROWTH OF ALTERNATIVE PAYMENT MODELS THAT EMPHASIZE COST CONTROL AND QUALITY IMPROVEMENT OVER VOLUME, BY TIGHTER REFERRAL MANAGEMENT BY PROVIDER NETWORKS THAT ARE PARTICIPATING IN RISK CONTRACTS, AND BY INCREASED PRICE SENSITIVITY ON THE PART OF CONSUMERS, EMPLOYERS AND PROVIDER GROUPS. BUILDING ON THE CARE REDESIGN AND PATIENT AFFORDABILITY INITIATIVES THAT WERE STARTED SEVERAL YEARS AGO, PARTNERS HEALTHCARE IS COMMITTED TO CONTINUING TO BE A LEADER IN CLINICAL CARE AND SYSTEM INNOVATION AND TO LEAD IN THE SHIFT TO VALUE-DRIVEN HEALTHCARE IN MASSACHUSETTS THROUGH THE FOLLOWING STRATEGIC INITIATIVES: 1) POPULATION HEALTH MANAGEMENT 2) NETWORK STRATEGY 3) CONTRACTING AND INSURANCE MODELS 4) REFERRAL NETWORKS 5) PATIENT AFFORDABILITY/COST MANAGEMENT PLEASE VISIT HTTP://WWW.PARTNERS.ORG/ABOUT/PHILANTHROPY/COMMITMENT-TO-GIVING/DEFAULT FOR MORE INFORMATION ABOUT SPECIFIC PARTNERS' PROGRAMS AND INITIATIVES. FORM 990, PART VI, SECTION A, LINE 2 BUSINESS AND FAMILY RELATIONSHIPS PETER MARKELL, RICHARD HOLBROOK & WILLIAM MAURICE COWAN- BUSINESS RELATIONSHIP SUSAN HOCKFIELD & WILLIAM MAURICE COWAN - BUSINESS RELATIONSHIP DAVID TORCHIANA, PETER MARKELL & GREG MEYER - BUSINESS RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 DECISIONS OF GOVERNING BODY SUBJECT TO MEMBER APPROVAL PURSUANT TO THE CORPORATE BYLAWS OF THE ORGANIZATION, THE AUTHORITY FOR THE FOLLOWING ACTIONS IS RESERVED TO THE MEMBERS OF THE ORGANIZATION: - MEMBERS SHALL DETERMINE THE NUMBER OF PHS DIRECTORS AND SHALL ELECT PHS DIRECTORS. MEMBERS MAY, BY A VOTE, INCREASE THE NUMBER OF PHS DIRECTORS. - MEMBERS MAY DECREASE THE NUMBER OF PHS DIRECTORS, BUT ONLY TO ELIMINATE VACANCIES EXISTING BY REASON OF THE DEATH, RESIGNATION OR REMOVAL OF ONE OR MORE ELECTED PHS DIRECTORS. - MEMBERS MAY REMOVE A PHS DIRECTOR WITH OR WITHOUT CAUSE BY VOTE. - MEMBERS MAY AMEND PHS BYLAWS IN WHOLE OR IN PART OR MAY REPEAL AND ADOPT NEW BYLAWS. MEMBERS MAY ADOPT, AMEND OR REPEAL ANY BYLAW, INCLUDING ANY BYLAWS ADOPTED, AMENDED OR REPEALED BY THE DIRECTORS. PURSUANT TO THE LAWS OF MASSACHUSETTS, THE AUTHORITY FOR THE FOLLOWING ACTIONS IS RESERVED TO THE MEMBER OF THE ORGANIZATION: - AMEND OR RESTATE THE ARTICLES OF ORGANIZATION - CONSOLIDATION OR MERGER - SALE, LEASE, EXCHANGE OR DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATIONS PROPERTY OR ASSETS. FORM 990, PART VI, SECTION A, LINE 7A EXECUTIVE COMMITTEE THE EXECUTIVE COMMITTEE HAS ALL OF THE RESPONSIBILITIES AND AUTHORITY OF THE DIRECTORS DURING INTERVALS BETWEEN MEETINGS OF THE DIRECTORS EXCEPT FOR THE POWERS SPECIFIED IN SECTION 55 OF MASSACHUSETTS GENERAL LAWS, CHAPTER 156B. THE COMMITTEE CONSISTS OF THREE TO FIVE DIRECTORS OF THE CORPORATION APPOINTED ANNUALLY BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B SEE STATEMENT ON QUESTION 6 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW THE FORM 990 WAS PREPARED AND REVIEWED BY THE PARTNERS HEALTHCARE SYSTEM, INC. (PHS) TAX DEPARTMENT. CERTAIN KEY SECTIONS WERE ALSO REVIEWED BY THE PHS EXECUTIVE VICE PRESIDENT OF ADMINISTRATION AND FINANCE, CFO AND TREASURER; AND BY THE PHS GENERAL COUNSEL. THE EXECUTIVE VICE PRESIDENT OF ADMINISTRATION AND FINANCE, CFO AND TREASURER REVIEWED AND SIGNED THE FORM 990. THE COMPENSATION DISCLOSURES WERE PRESENTED TO AND DISCUSSED WITH THE PHS COMPENSATION COMMITTEE AT THE APRIL 24, 2018 MEETING. THE PROCESS FOR PREPARING AND REVIEWING FORM 990 WAS DISCUSSED AT THE MAY 2, 2018 MEETING OF THE AUDIT AND COMPLIANCE COMMITTEE OF THE PHS BOARD OF DIRECTORS. THE FINAL FILING VERSION OF THE FORM 990 WAS PROVIDED TO EACH VOTING BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY FOR PURPOSES OF ITS ANNUAL TAX FILING, PARTNERS HEALTHCARE HAS AN ANNUAL QUESTIONNAIRE PROCESS FOR OBTAINING INFORMATION ON INTERESTS THAT MAY GIVE RISE TO CONFLICTS FROM ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES. IN ADDITION, IN CONNECTION WITH PARTNERS' CONFLICT OF INTEREST POLICY, THE PARTNERS OFFICE FOR INTERACTIONS WITH INDUSTRY AND OFFICE OF THE GENERAL COUNSEL WORK TOGETHER TO PERIODICALLY DISTRIBUTE, COLLECT AND REVIEW DISCLOSURE STATEMENTS FROM THESE INDIVIDUALS. THE INFORMATION ON EACH SUCH DISCLOSURE IS REVIEWED BY EACH INDIVIDUAL'S SUPERVISOR (WHO IN THE CASE OF DIRECTORS AND TRUSTEES IS DEEMED TO CONSIST OF THE CHAIRMAN OF THE BOARD AND THE ENTITY'S PRESIDENT/CEO, WHO REVIEW THE DISCLOSURES WITH THE ASSISTANCE OF THE GENERAL COUNSEL OR ATTORNEY REPRESENTATIVES OF HER OFFICE). PARTNERS HAS A CONFLICT OF INTEREST POLICY THAT APPLIES TO ALL ENTITIES IN THE SYSTEM, AND WHICH IS DESIGNED TO: (1) IDENTIFY RELATIONSHIPS AND CONDUCT THAT CREATE EITHER CONFLICTS OF INTEREST OR CONFLICTS OF COMMITMENT; (2) ESTABLISH A SYSTEM FOR DISCLOSING AND RESOLVING POTENTIAL CONFLICTS; AND (3) ENSURE THAT TRANSACTIONS ARE NEGOTIATED AT ARM'S LENGTH AND THAT PAYMENTS ARE AT FAIR MARKET VALUE. UNDER OUR POLICY, WHEN A CONFLICT ARISES, THE INDIVIDUAL ASSOCIATED WITH THE OUTSIDE ENTITY IN QUESTION MUST PROVIDE FULL DISCLOSURE AND COMPLETELY RECUSE HIM/HERSELF FROM ANY INSTITUTIONAL DECISION-MAKING ABOUT THE TRANSACTION. IN APPROPRIATE CIRCUMSTANCES, (I) THE CORPORATION MUST CONSIDER AT LEAST TWO ALTERNATIVE DISINTERESTED COMPETITIVE PROPOSALS; OR MUST DETERMINE THAT TWO SUCH COMPETITIVE PROPOSALS DO NOT EXIST OR THAT IT WOULD BE IMPRACTICAL TO ELICIT OR CONSIDER SUCH COMPETITIVE PROPOSALS; AND (II) THE CORPORATION MUST DETERMINE THAT, NOTWITHSTANDING THE APPARENT CONFLICT, THE TRANSACTION IS FAIR AND REASONABLE TO THE CORPORATION AND IS IN THE BEST INTERESTS OF THE CORPORATION. A WRITTEN RECORD MUST BE MADE OF THESE DETERMINATIONS. FURTHERMORE, TRANSACTIONS THAT PRESENT PARTICULARLY SIGNIFICANT CONFLICTS ARE REVIEWED BY AN INDEPENDENT COMMITTEE OF PARTNERS, WHICH REVIEW IS ALSO DOCUMENTED. CONFLICTS OF COMMITMENT BY THE PARTNERS PRESIDENT AND CEO ARE ADDRESSED BY REQUIRING OUTSIDE ACTIVITIES TO BE APPROVED BY THE PARTNERS BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE ORGANIZATION HAS A BOARD LEVEL COMPENSATION COMMITTEE THAT REVIEWS AND APPROVES THE COMPENSATION FOR ALL LISTED OFFICERS AND KEY EMPLOYEES EXCEPT THE SECRETARY. THE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD WHO ARE NOT EMPLOYED BY THE ORGANIZATION, AND NO MEMBER MAY PARTICIPATE IN THE REVIEW AND APPROVAL OF COMPENSATION IF THE MEMBER HAS A CONFLICT OF INTEREST WITH RESPECT TO THAT COMPENSATION ARRANGEMENT. THE COMMITTEE RELIES ON DATA, PROVIDED BY AN INDEPENDENT COMPENSATION CONSULTANT, WHICH INCLUDES COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS, IN FUNCTIONALLY COMPARABLE POSITIONS, AT SIMILARLY SITUATED ORGANIZATIONS. THE DELIBERATIONS AND DECISIONS OF THE COMMITTEE ARE DOCUMENTED IN MINUTES OF THE MEETING. THIS REVIEW PROCESS OCCURS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 18 N/A FORM 990, PART VI, SECTION C, LINE 19 PUBLIC AVAILABILITY OF FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS THE ORGANIZATION'S GOVERNING DOCUMENTS ARE FILED WITH THE MASSACHUSETTS SECRETARY OF STATE AND THE FINANCIAL STATEMENTS ARE FILED WITH THE MASSACHUSETTS ATTORNEY GENERAL, ALL OF WHICH ARE OPEN TO PUBLIC INSPECTION. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN FUNDED STATUS OF DEFINED BENEFIT PLANS 5,417,913. PART XII LINE 2C NO CHANGES FROM PRIOR YEAR. PARTNERS HEALTHCARE INTERNATIONAL LLC 800 BOYLSTON STREET BOSTON MA 02199 205281203 GLOBAL HEALTH CARE MA 7509715 15709451 PHS PARTNERS HARVARD MEDICAL INTERNATIONAL GULF FZ LLC GLOBAL HEALTH CARE MA 0 0 PHS PARTNERS PRIVATE CARE LLC 1101 WORCESTER ROAD FRAMINGHAM MA 01701 263871702 HOME HEALTH MA 10643147 3371967 PHC MERRIMACK VALLEY ENDOSCOPY LLC ONE PARKWAY HAVERHILL MA 01830 043578297 MEDICAL SERVICES MA 1432305 0 PCPO PARTNERS INNOVATION II LLC 800 BOYLSTON STREET BOSTON MA 02199 814444790 INVESTMENTS MA 0 0 PHS PARTNERS INNOVATION MANAGEMENT COMPANY LLC 800 BOYLSTON STREET BOSTON MA 02199 814431654 INVESTMENTS MA 1178337 0 PHS THE MASSACHUSETTS GENERAL HOSPITAL (MGH) 55 FRUIT STREET BOSTON MA 02114 041564655 HEALTHCARE MA 501(C)(3) 7 PHS 1 THE GENERAL HOSPITAL COPORATION 55 FRUIT STREET BOSTON MA 02114 042697983 HOSPITAL MA 501(C)(3) 3 MGH 1 MASSACHUSETTS GENERAL PHYSICIANS ORG 55 FRUIT STREET BOSTON MA 02114 042807148 HEALTHCARE MA 501(C)(3) 9 MGH 1 THE MGH HEALTH SERVICES CORPORATION 55 FRUIT STREET BOSTON MA 02114 222717383 HEALTHCARE MA 501(C)(3) 11A MGH 1 THE MGH INSTITUTE OF HEALTH PROFESSIONS 36 FIRST AVENUE CHARLESTOWN MA 02129 042868893 MED EDUCATION MA 501(C)(3) 2 MGH 1 MCLEAN HEALTHCARE INC (MHC) 115 MILL STREET BELMONT MA 02478 204572876 ADMIN SUPPORT MA 501(C)(3) 11A MGH 1 THE MCLEAN HOSPITAL CORPORATION 115 MILL STREET BELMONT MA 02478 042697981 HOSPITAL MA 501(C)(3) 3 MHC 1 MARTHA'S VINEYARD HOSPITAL INC (MVH) LINTON LANE PO BOX 1477 OAK BLUFFS MA 02557 042104691 HEALTHCARE MA 501(C)(3) 3 MGH 1 WNR INC 1 LINTON LANE OAK BLUFFS MA 02557 043419920 NURSING SVCS. 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