2017-04-12T14:32:25-05:00 2016-05-31 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2015-06-01 042050773 MASSACHUSETTS MEDICAL SOCIETY MASS 7818934610 860 WINTER STREET WALTHAM MA 024511411 LOIS CORNELL EXECUTIVE VICE PRESIDENT 7818934610 2017-04-10 1 CRAIG KLEIN P00734640 6177610600 2017-04-10 2015 2021-01-29 14:40:06Z SAME AS ABOVE LOIS CORNELL 860 WINTER STREET WALTHAM MA 024511411 219354651 0 9253 X WWW.MASSMED.ORG X 1781 MA THE PURPOSE OF THE MASSACHUSETTS MEDICAL SOCIETY SHALL BE TO DO ALL THINGS AS MAY BE NECESSARY AND APPROPRIATE TO ADVANCE MEDICAL KNOWLEDGE, TO DEVELOP AND MAINTAIN THE HIGHEST PROFESSIONAL AND ETHICAL STANDARDS OF MEDICAL PRACTICE AND HEALTH CARE, AND TO PROMOTE MEDICAL INSTITUTIONS FORMED ON LIBERAL PRINCIPLES FOR THE HEALTH, BENEFIT AND WELFARE OF THE CITIZENS OF THE COMMONWEALTH. 30 24 442 0 28641483 0 0 0 85648806 96389324 19212824 5004315 28919481 33842224 133781111 135235863 1188714 1232087 0 0 56280198 61482129 0 0 0 56202822 60131312 113671734 122845528 20109377 12390335 279370560 284501751 110466952 112096831 168903608 172404920 X THE PURPOSE OF THE MASSACHUSETTS MEDICAL SOCIETY SHALL BE TO DO ALL THINGS AS MAY BE NECESSARY AND APPROPRIATE TO ADVANCE MEDICAL KNOWLEDGE, TO DEVELOP AND MAINTAIN THE HIGHEST PROFESSIONAL AND ETHICAL STANDARDS OF MEDICAL PRACTICE AND HEALTH CARE, AND TO PROMOTE MEDICAL INSTITUTIONS FORMED ON LIBERAL PRINCIPLES FOR THE HEALTH, BENEFIT AND WELFARE OF THE CITIZENS OF THE COMMONWEALTH. 0 0 PUBLISHING:THE NEW ENGLAND JOURNAL OF MEDICINE REMAINS THE LEADING MEDICAL JOURNAL IN THE WORLD BY PUBLISHING THE TOP PRACTICE CHANGING MEDICAL RESEARCH ARTICLES DELIVERING THE HIGHEST IMPACT FACTOR EVER FOR MEDICAL JOURNAL (59.5). NEJM.ORG AS THE LEADING MEDICAL JOURNAL WEBSITE REFLECTED 2.4 MILLION SITE VISITORS EACH MONTH, 940,000 TABLE OF CONTENTS E-MAILS EACH WEEK, 1.5 MILLION SPECIALTY E-MAILS SENT EACH MONTH, 1.4 MILLION FACEBOOK LIKES AND 340,000 FOLLOWERS ON TWITTER.NEJM KNOWLEDGE + AN ADAPTIVE LEARNING PLATFORM DESIGNED TO MEET THE CURRENT NEEDS OF BUSY PRACTICING CLINICIANS TO PREPARE FOR BOARD EXAMS IS CURRENTLY IN USE BY NEARLY 80 PRESTIGIOUS RESIDENCY PROGRAMS. NEJM CATALYST LAUNCHED IN DECEMBER 2015, BRINGS TOGETHER HEALTH CARE EXECUTIVES, CLINICIAN LEADERS AND CLINICIANS TO SHARE INNOVATIVE IDEAS AND PRACTICAL APPLICATIONS FOR ENHANCING THE VALUE OF HEALTH CARE DELIVERY. NEJM RESIDENT 360 IS A WEBSITE AND DISCUSSION PLATFORM GIVING RESIDENTS THE INFORMATION, RESOURCES, AND SUPPORT THEY NEED TO APPROACH EACH ROTATION WITH CONFIDENCE. THE SITE HAS PROVEN POPULAR: THROUGH JULY 31, MORE THAN 19,000 RESIDENTS WORLDWIDE HAD ENROLLED IN NEJM RESIDENT 360. EDUCATIONAL:DURING CALENDAR YEAR 2015, THE SOCIETY JOINTLY AND DIRECTLY PROVIDED A TOTAL OF 1,177 EDUCATIONAL ACTIVITIES ON A VARIETY OF TOPICS, INCLUDING PATIENT EXPERIENCE, PRACTICE MANAGEMENT, PUBLIC HEALTH, RISK MANAGEMENT, HEALTH CARE QUALITY AND COMMUNICATIONS. NEARLY 154,000 PHYSICIANS PARTICIPATED. AN EXPANDED SIXTH EDITION OF "INTIMATE PARTNER VIOLENCE, THE CLINICIAN'S GUIDE TO IDENTIFICATION, ASSESSMENT, INTERVENTION AND PREVENTION" WAS PUBLISHED AND REPRESENTED A MAJOR REVISION OF A GUIDEBOOK THAT HAS BECOME AN AUTHORATIVE RESOURCE WIDELY USED BY HEALTH CARE PROVIDERS AND ADVOCATES NATIONALLY AND INTERNATIONALLY. THE PUBLIC HEALTH LEADERSHIP FORUM, "FIREARM VIOLENCE: POLICY, PREVENTION AND PUBLIC HEALTH" RAISED THE PHYSICIAN'S VOICE ON A MAJOR PUBLIC HEALTH ISSUE AND PROVIDED CONTENT FOR CONTINUING MEDICAL EDUCATION COURSES ON GUN VIOLENCE. THE MMS RESTATED ITS OPPOSITION TO RECREATIONAL MARIJUANA. MMS BECAME A MEMBER OF THE CAMPAIGN FOR A SAFE AND HEALTHY MASSACHUSETTS, A COALITION UNITED IN OPPOSITION TO THE BALLOT MEASURE THAT INCLUDES POLITICAL, BUSINESS, AND HEALTH LEADERS FROM ACROSS THE COMMONWEALTH. MMS HOSTED THE AMA'S BREAK THE RED TAPE TOWN HALL MEETING TO VOICE CONCERNS ABOUT ELECTRONIC MEDICAL RECORDS AND MEANINGFUL USE REQUIREMENTS, MORE THAN 100 PHYSICIANS ATTENDED. MEMBERSHIP:AS OF MAY 31, 2016, THE SOCIETY REACHED A MEMBERSHIP OF 25,157. MMS MEMBERSHIP DISTRIBUTED A SERIES OF PUBLICATIONS ON KEY TOPICS, AMONG THEM MASSACHUSETTS EARNED SICK TIME LAW: THE BASICS, INTIMATE PARTNER VIOLENCE, ESSENTIAL FACTS FOR INTERNATIONAL MEDICAL GRADUATES AND PHYSICIAN PRACTICE CHECKLIST FOR COMPLIANCE. MMS MEMBERSHIP ALSO HOSTED THE WOMEN'S LEADERSHIP FORUM AND THE NEW ENGLAND GLOBAL HEALTH CONFERENCE AND HELD LEGISLATIVE TRAINING WORKSHOPS FOR EARLY CAREER PHYSICIANS. MMS OFFERED CME COURSES ON OPIOIDS AND PAIN MANAGEMENT, IN A SPAN OF 14 MONTHS A TOTAL OF 17,603 OF THE SOCIETY'S CONTINUING MEDICAL EDUCATION COURSES IN PAIN MANAGEMENT AND SAFE OPIOID PRESCRIBING WERE COMPLETED BY 5,905 INDIVIDUALS. MMS REPRESENTATIVES SERVED ON TWO AMERICAN MEDICAL ASSOCIATION COMMITTEES OFFERING INPUT INTO THE OVERALL STRATEGY AND IMPLEMENTATION OF THE MEDICARE ACCESS AND CHIP REAUTHORIZATION ACT OF 2015. MMS WORKED CLOSELY WITH THE STATE'S CONGRESSIONAL DELEGATION TO GAIN SUPPORT FOR SEVERAL INITIATIVES, INCLUDING LEGISLATION ALLOWING PARTIAL-FILL PRESCRIPTIONS - A STEP THAT CAN HELP CURTAIL DRUG DIVERSIONS, ONE OF THE MAIN DRIVERS OF OPIOID MISUSE. TO ASSIST PHYSICIANS WHO MAY BE CONSIDERING IMPLEMENTING TELEMEDICINE, THE MMS PHYSICIAN PRACTICE RESOURCE CENTER CREATED "A GUIDE TO TELEMEDICINE FOR THE PHYSICIAN PRACTICE." 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 X 325 0 1 442 1 1 1 1 UK CA NL EI 0 0 1 1 0 X 30 24 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X JOHN W BURNS 7814347516 MASSACHUSETTS MEDICAL SOCIETY 860 WALTHAM MA 02451 DENNIS M DIMITRI MD PRESIDENT 20.00 0.00 X X 0 0 0 JAMES S GESSNER MD PRSIDENT-ELECT 12.00 0.00 X X 0 0 0 HENRY L DORKIN MD VICE PRESIDENT 12.00 0.00 X X 29167 0 0 ALAIN A CHAOUI MD SECRETARY-TREASURER 12.00 0.20 X X 25000 0 0 COREY E COLLINS DO ASST. SECRETARY-TREASURER 4.00 1.50 X X 12500 0 0 DAVID A ROSMAN MD SPEAKER 3.00 0.00 X X 19792 0 0 FRANCIS P MACMILLAN JR MD VICE SPEAKER 3.00 0.00 X X 7292 0 0 MARYANNE C BOMBAUGH MD TRUSTEE 0.30 0.00 X 0 0 0 CAROLE E ALLEN MD TRUSTEE 0.30 0.00 X 0 0 0 MICHAEL S ANNUNZIATA MD TRUSTEE 0.30 0.00 X 0 0 0 JAMES B BROADHURST MD TRUSTEE 0.30 0.00 X 0 0 0 HUBERT I CAPLAN MD TRUSTEE 0.30 0.00 X 0 0 0 DANIEL E CLAPP MD TRUSTEE 0.30 0.00 X 0 0 0 JULIA F EDELMAN MD TRUSTEE 0.30 0.00 X 0 0 0 HEIDI J FOLEY MD TRUSTEE 0.30 0.00 X 0 0 0 EDITH M JOLIN MD TRUSTEE 0.30 0.00 X 0 0 0 SARAH A KEMBLE MD TRUSTEE 0.30 0.00 X 0 0 0 JUDD L KLINE MD TRUSTEE 0.30 0.20 X 0 0 0 CLAUDIA L KOPPELMAN MD TRUSTEE 0.30 0.00 X 0 0 0 MANGADHARA R MADINEEDI MD TRUSTEE 0.30 0.00 X 0 0 0 BASIL M MICHAELS MD TRUSTEE 0.30 0.00 X 0 0 0 KEITH C NOBIL MD TRUSTEE 0.30 0.00 X 0 0 0 LEE S PERRIN MD TRUSTEE 0.30 1.50 X 0 0 0 RICHARD S PIETERS MD TRUSTEE 0.30 0.00 X 72917 0 0 NAVIN POPAT MD TRUSTEE 0.30 0.00 X 0 0 0 VINCENT J RUSSO MD TRUSTEE 0.30 0.00 X 0 0 0 KENATH J SHAMIR MD TRUSTEE 0.30 0.00 X 0 0 0 SARAH F TAYLOR MD TRUSTEE 0.30 1.50 X 0 0 0 JOHN J WALSH MD TRUSTEE 0.30 0.00 X 0 0 0 ULKU AKYUREK MD TRUSTEE 0.30 1.50 X 0 0 0 STEPHEN B BERKOWITZ MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 JOHN R BOGDASARIAN MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 PAULA JO CARBONE MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 STEPHEN O CHASTAIN MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 MELODY J ECKARDT MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 CHRISTOPHER GAROFALO MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 ROBERT HERTZIG MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 SUBRAMANYAN JAYASANKAR MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 NIDHI K LAL MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 JOHN J LOONEY MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 ANNA A MANATIS MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 KEVIN P MORIARTY MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 SAHDEV R PASSEY MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 JAMES R RALPH MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 B HOAGLAND ROSANIA MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 BARRY STEINBERG MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 FLORA F SADRI-AZARBAYEJANI DO ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 ALAN SEMINE MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 HUGH M TAYLOR MD ALTERNATE TRUSTEE 0.30 1.50 X 0 0 0 ANA-CRISTINA VASILESCU MD ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 LAKSHMANA SWAMY MD RESIDENT TRUSTEE 0.30 0.00 X 0 0 0 MCKINLEY GROVER IV MD RESIDENT ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 AIMIE ZALE STUDENT TRUSTEE 0.30 0.00 X 0 0 0 JOSEPH A ANAYA STUDENT ALTERNATE TRUSTEE 0.30 0.00 X 0 0 0 CORINNE BRODERICK EXECUTIVE VICE PRESIDENT 50.00 0.40 X 561483 0 57956 JOHN W BURNS VICE PRESIDENT, FINANCE 50.00 0.20 X 304296 0 49390 CHRISTOPHER R LYNCH VICE PRESIDENT, PUBLISHING 50.00 0.00 X 423224 0 57812 JEFFERY M DRAZEN MD EDITOR-IN-CHIEF 50.00 0.00 X 649059 0 72707 JONATHAN ADLER MD CLINICAL STRATEGY EDITOR 50.00 0.00 X 355274 0 51982 CHARLES ALAGERO VICE PRESIDENT/GENERAL COUNSEL 50.00 0.00 X 341528 0 60049 EDWARD W CAMPION MD EXECUTIVE EDITOR 50.00 0.00 X 381127 0 63149 JULIE INGELFINGER MD DEPUTY EDITOR 50.00 0.00 X 310172 0 59332 ARTHUR P WILSCHEK EXECUTIVE DIRECTOR, GLOBAL 50.00 0.00 X 362684 0 62255 3855515 0 534632 118 0 1 0 AVALON CONSULTING LLC 5600 TENNYSON PARKWAY SUITE 230 PLANO TX 75024 INFORMATION TECHNOLOGY 484870 BRIAN ABRAMSPMO PARTNERS LLC 25 ARBOR WAY GROTON MA 01450 INFORMATION TECHNOLOGY 348288 UPSTATEMENT LLC 745 ATLANTIC AVENUE BOSTON MA 02111 INFORMATION TECHNOLOGY 309000 PRICEWATERHOUSECOOPERS PO BOX 7247-8001 PHILADELPHIA PA 19170 ACCOUNTING/AUDIT 274350 DELOITTE TAX LLP PO BOX 844736 DALLAS TX 75284 TAX CONSULTING 216583 15 PUBLISHING 511120 89484609 89484609 EDUCATIONAL FEES 611710 5643479 5643479 MEMBERSHIP DUES 900099 1261236 1261236 96389324 4638212 4638212 4331598 4331598 869143 0 869143 869143 869143 84483391 1500 84118788 0 364603 1500 366103 366103 ADVERTISING 541800 25082874 25082874 BUSINESS SERVICES 900099 2580753 2580753 FORMS AND OTHER INCOME 900099 211770 211770 766086 766086 28641483 135235863 96389324 28641483 10205056 X 1051407 180680 3596646 39533875 7242250 8146129 2963229 241071 279350 97000 1149133 14484322 2833740 7422055 3298933 6832324 1758831 1480797 320856 4124837 566170 PUBL.-PRINTING AND PROD 7910469 PUBL.-MARKETING 3930347 CONFERENCING-FOOD COSTS 1639767 PUBL.-EDITORIAL 26354 1734956 122845528 4653189 10495660 1874183 1714150 11867585 12260926 5052750 4819250 401321 411473 3445038 4027421 113072006 62933010 50807594 50138996 199226837 198345559 25000 25000 2017063 2263316 279370560 284501751 9689392 9922114 32338063 31687841 35578637 30395023 32860860 40091853 110466952 112096831 X 168903608 172404920 168903608 172404920 279370560 284501751 X 12390335 -4675965 -4213058 X 0 1 X 1 0 0 0 0 2245658 755790 755790 785980 -30190 51167841 -210551 1997171 48960119 158589038 1162965 108584162 51167841 144467199 14121839 158589038 131371898 13095301 144467199 135398163 1618575 -5644840 131371898 1.00000 0.00000 0.00000 0 0 16788125 16788125 42279012 21654709 20624303 2631267 2479366 151901 18546878 16674783 1872095 32826724 22124152 10702572 50138996 DEFERRED COMPENSATION 1187219 UNFUNDED PENSION LIABILITY 37560249 OTHER CURRENT LIABILITY 106792 DERIVATIVE INSTRUMENT LIABILITY 1237593 40091853 129410765 -4675965 -4675965 134086730 1149133 1149133 135235863 121581708 -114687 -114687 121696395 1149133 1149133 122845528 PART V, LINE 4: BOARD DESIGNATED TO ENSURE THE LONG TERM FINANCIAL HEALTH OF THE SOCIETY. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN UNREALIZED LOSS ON DERIVATIVE INSTRUMENT -114,687. PART V, LINE 1E: THE SOCIETY'S BOARD OF TRUSTEES VOTED TO REDUCE THE DESIGNATED ENDOWMENT FUND THROUGH A REBALANCING TO ITS GENERAL RESERVE FUND, WHICH IS AVAILABLE TO PROVIDE THE ORGANIZATION WITH THE FINANCIAL FLEXIBILITY TO PURSUE INITIATIVES OF STRATEGIC IMPORTANCE AND TO MEET ONGOING NEEDS. EUROPE (INCLUDING ICELAND & GREENLAND) 0 105 PROGRAM SERVICE PUBLISHING AND BULK REPRINT SALES 2301469 EAST ASIA AND THE PACIFIC 0 4 PROGRAM SERVICE PUBLISHING AND BULK REPRINT SALES 661981 NORTH AMERICA 0 23 PROGRAM SERVICE PUBLISHING AND BULK REPRINT SALES 997247 0 132 0 0 0 132 3960697 0 3960697 0 0 0 0 0 1 PART I, LINE 3: ACCOUNTING METHOD: ACCRUAL BASIS. 1 MMS & ALLIANCE CHARITABLE FOUNDATION 860 WINTER ST WALTHAM MA 024511411 223199624 501(C)(3) 186000 NOT APPLICABLE NOT APPLICABLE COMMUNITY ACTION PHYSICIAN HEALTH SERVICES 860 WINTER ST WALTHAM MA 024511411 223234975 501(C)(3) 533000 NOT APPLICABLE NOT APPLICABLE ABUSE TREATMENT MASS MEDICAL BENEVOLENT SOC 860 WINTER ST WALTHAM MA 024511411 237089741 501(C)(3) 100000 NOT APPLICABLE NOT APPLICABLE FINANCIAL RELIEF MASS MEDICAL SOCIETY ALLIANCE 860 WINTER ST WALTHAM MA 024511411 237055291 501(C)(6) 25000 NOT APPLICABLE NOT APPLICABLE HEALTH EDUCATION CENTER FOR PERSONALIZED EDUCATION FOR PHYSICIANS 720 S COLORADO BLVD DENVER CO 80246 742565416 501(C)(3) 10000 NOT APPLICABLE NOT APPLICABLE EDUCATION ALBERT SCHWEITZER FELLOWSHIP 330 BROOKLINE AVE BOSTON MA 02215 131982786 501(C)(3) 7500 NOT APPLICABLE NOT APPLICABLE HEALTH MASS LEAGUE OF COMMUNITY HEALTH CENTERS 40 COURT ST BOSTON MA 02108 042507409 501(C)(3) 10000 NOT APPLICABLE NOT APPLICABLE HEALTH CARE 6 1 MEDICAL STUDENT GRANTS 16 167840 0 NOT APPLICABLE NOT APPLICABLE MEMBER LIFETIME ACHIEVEMENT AWARD 1 5000 0 NOT APPLICABLE NOT APPLICABLE MMS SCHOLAR PROGRAMS 32 7840 0 NOT APPLICABLE NOT APPLICABLE PART I, LINE 2: AMOUNTS LISTED IN PART II ARE GENERAL UNRESTRICTED CONTRIBUTIONS AND NOT GRANTS. AMOUNTS QUALIFYING AS GRANTS ARE REPORTED IN PART III OF SCHEDULE I. THE FOLLOWING PROCESS APPLIES TO MEDICAL STUDENT GRANTS: STUDENTS MUST BE ENROLLED IN A MEDICAL SCHOOL IN MASSACHUSETTS. THE MEDICAL SCHOOLS SELECT CANDIDATES BASED ON THEIR ACADEMIC EXCELLENCE, COMMUNITY SERVICE AND FINANCIAL NEED. THE MASSACHUSETTS MEDICAL SOCIETY SELECTION COMMITTEE INTERVIEWS CANDIDATES AND FINAL AWARDS (GRANTS) ARE BASED ON THEIR DECISION. X 1 1 X X X X X X 0 0 0 CORINNE BRODERICK EXECUTIVE VICE PRESIDENT 451966 0 91517 0 18000 0 35068 0 22888 0 619439 0 0 0 JOHN W BURNS VICE PRESIDENT, FINANCE 253993 0 32303 0 18000 0 26292 0 23098 0 353686 0 0 0 CHRISTOPHER R LYNCH VICE PRESIDENT, PUBLISHING 368235 0 54989 0 0 0 33726 0 24086 0 481036 0 0 0 JEFFERY M DRAZEN MD EDITOR-IN-CHIEF 572625 0 58434 0 18000 0 48034 0 24673 0 721766 0 0 0 JONATHAN ADLER MD CLINICAL STRATEGY EDITOR 354524 0 750 0 0 0 26500 0 25482 0 407256 0 0 0 CHARLES ALAGERO VICE PRESIDENT/GENERAL COUNSEL 297028 0 44500 0 0 0 29703 0 30346 0 401577 0 0 0 EDWARD W CAMPION MD EXECUTIVE EDITOR 375027 0 6100 0 0 0 34202 0 28947 0 444276 0 0 0 JULIE INGELFINGER MD DEPUTY EDITOR 308272 0 1900 0 0 0 44735 0 14597 0 369504 0 0 0 ARTHUR P WILSCHEK EXECUTIVE DIRECTOR, GLOBAL 361784 0 900 0 0 0 29657 0 32598 0 424939 0 0 0 PART I, LINE 1A TYPE OF BENEFIT: FIRST CLASS AIR TRAVEL LISTED PERSON RECEIVING THE BENEFIT: EDITOR-IN-CHIEF TAX TREATMENT OF BENEFIT: NO TAXABLE COMPENSATION TO LISTED PERSON. EXPENSE ACCOUNTED FOR AND APPROVED UNDER SOCIETY'S ACCOUNTABLE TRAVEL EXPENSE REIMBURSEMENT POLICY. FORM 990, PART VI, SECTION A, LINE 2 IMMEDIATE PAST PRESIDENT, RICHARD PIETERS, M.D. IS MARRIED TO MMS TRUSTEE, EDITH JOLIN, M.D. MMS TRUSTEE, JUDD KLINE, M.D. HAS A BUSINESS RELATIONSHIP WITH OFFICER, JOHN BURNS AS DIRECTORS OF PHYSICIAN'S INSURANCE AGENCY OF MASSACHUSETTS. FORM 990, PART VI, SECTION A, LINE 6 DISTRICT SOCIETY MEMBERS ELECT TWO OF THEIR MEMBERS TO SERVE AS TRUSTEE AND ALTERNATE, RESPECTIVELY, OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A DISTRICT SOCIETY MEMBERS ELECT TWO OF THEIR NUMBERS TO SERVE AS TRUSTEE AND ALTERNATE, RESPECTIVELY, OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE HOUSE OF DELEGATE MEMBERS MAY OVERRIDE BOARD OF TRUSTEE ACTION ON PRIORITIZATION OF FUNDING A HOUSE DIRECTIVE WITH A TWO-THIRDS VOTE OF THE DELEGATES. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 AND ALL RELATED SCHEDULES ARE REVIEWED BY THE SOCIETY'S TAX ADVISORS AT CBIZ TOFIAS. IN ADDITION A SLIDE PRESENTATION IS MADE TO THE SOCIETY'S COMMITTEE ON FINANCE WHICH HIGHLIGHTS THE MAJOR PROVISIONS OF THE FORM AND OTHER GENERAL INFORMATION IN REGARD TO THE FORM 990 FILING AND THE RESPONSIBILITIES OF NON-PROFIT ORGANIZATIONS. AN ADDITIONAL SLIDE PRESENTATION IS THEN PRESENTED TO THE SOCIETY'S BOARD OF TRUSTEES PRIOR TO ITS FORM 990 FILING. A COMPLETE COPY OF FORM 990 AND ALL RELATED SCHEDULES AS FILED WITH THE INTERNAL REVENUE SERVICE IS PROVIDED TO THE MEMBERS OF THE BOARD OF TRUSTEES IN ELECTRONIC FORM IN A SECURED SECTION OF THE SOCIETY'S WEBSITE PRIOR TO FILING. BOARD OF TRUSTEE MEMBERS ARE NOTIFIED OF THIS POSTING BY E-MAIL AND PROVIDED A LINK TO THE SECURED SITE PRIOR TO FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE SOCIETY'S CONFLICT OF INTEREST POLICY APPLIES TO ITS EMPLOYEES INCLUDING THOSE MEETING THE DEFINITION OF KEY EMPLOYEES. IT ALSO APPLIES TO THOSE SERVING IN THE CAPACITY OF AN OFFICER, DIRECTOR OR TRUSTEE. NEW EMPLOYEES ARE REQUIRED TO READ AND SIGN A CONFLICT OF INTEREST AND DISCLOSURE STATEMENT UPON BEING HIRED. EMPLOYEES ARE ALSO REQUIRED TO CERTIFY YEARLY (AT THE TIME OF THEIR ANNUAL REVIEW) THAT THEY CONTINUE TO BE IN COMPLIANCE WITH THIS POLICY. BOARD MEMBERS ARE ALSO REQUIRED TO READ AND SIGN A CONFIRMATION OF COMPLIANCE WITH THE MASSACHUSETTS MEDICAL SOCIETY CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AT THE FIRST MEETING IN JUNE. SUBSEQUENT REVIEW AND NOTICE IS MADE AT THE SECOND MEETING FOR THOSE THAT HAVE NOT YET COMPLIED WITH THE REQUIREMENT. FURTHER REVIEW AND NOTICE IS ISSUED AT THE INTERIM HOUSE OF DELEGATES MEETING IN THE FALL FOR THOSE THAT HAVE NOT YET SUBMITTED THEIR CONFIRMATION OF COMPLIANCE FORM. THE SOCIETY'S EXECUTIVE VICE PRESIDENT MUST REPORT IN HER ANNUAL REPORT ON OVERALL BOARD OF TRUSTEE CONFLICT OF INTEREST COMPLIANCE RATES. ALL NEW BOARD MEMBERS ARE INVITED TO AN ORIENTATION AND THE POLICY IS COVERED IN THAT ORIENTATION. ALL BOARD MEMBERS ARE INVITED TO AN ORIENTATION PROGRAM EVERY THREE YEARS WHERE THE CONFLICT OF INTEREST POLICY IS REVIEWED. DETERMINATION AND REVIEW FOR OFFICERS, DIRECTORS AND TRUSTEES RELATIVE TO CONFLICT OF INTEREST ARE AT THE BOARD OF TRUSTEES LEVEL. DETERMINATION AND REVIEW OF EMPLOYEES ARE ADDRESSED THROUGH THE SOCIETY'S EXECUTIVE VICE PRESIDENT. EXECUTIVE VICE PRESIDENT CONFLICTS ARE ADDRESSED THROUGH THE SOCIETY'S PRESIDENT. ACTIONS AND RESTRICTIONS RELATIVE TO NON-COMPLIANCE WITH THE POLICY ARE AS FOLLOWS: FOR TRUSTEES, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THOSE PRESENT WHETHER THE TRUSTEE MAY CONTINUE TO PARTICIPATE IN, AND VOTE ON THE MATTER. SUCH A VOTE SHALL BE DISPOSITIVE. FOR OFFICERS, THE PRESIDENT, PRESIDENT-ELECT AND VICE PRESIDENT SHALL DETERMINE BY CONSENSUS, NOT COUNTING THE DISCLOSING OFFICER, WHETHER THE OFFICER MAY CONTINUE TO PARTICIPATE IN THE MATTER. IF THE OFFICERS CANNOT REACH CONSENSUS THE MATTER SHALL BE DECIDED BY A MAJORITY VOTE OF THE PRESIDENT, PRESIDENT-ELECT, VICE PRESIDENT AND SECRETARY/TREASURER, NOT COUNTING THE DISCLOSING OFFICER. THE OFFICERS VOTE SHALL BE DISPOSITIVE IN THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE FOLLOWING OFFICE/POSITION COMPENSATION WAS BASED ON REVIEW AND APPROVAL BY THE GOVERNING BODY AND COMPENSATION COMMITTEE, USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED POSITIONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS AND WITH CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT: EXECUTIVE VICE PRESIDENT VICE PRESIDENT OF FINANCE VICE PRESIDENT OF PUBLISHING EDITOR-IN-CHIEF OFFICERS 2016 IS THE LAST YEAR FOR WHICH HONORARIA REVIEWS WERE CONDUCTED FOR OFFICER POSITIONS. 2016 IS THE LAST YEAR FOR WHICH COMPENSATION REVIEWS WERE CONDUCTED FOR: EXECUTIVE VICE PRESIDENT, VICE PRESIDENT OF FINANCE, VICE PRESIDENT OF PUBLISHING, AND EDITOR-IN-CHIEF POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE MASSACHUSETTS MEDICAL SOCIETY DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE SOCIETY DOES NOT MAKE ITS FINANCIAL STATEMENTS OR GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC EXCEPT AS DISCLOSED WITHIN ITS FORM 990. FORM 990, PART IX, LINE 11G CONSULTANTS 4,120,607. CONTRACT EDITORS 1,937,924. CONTRACT LABOR 1,800,352. EDITOR FEES 856,160. CONTRACT SERVICES (MARKETING) 514,013. EDITORIAL WRITERS 210,574. CONFERENCE CENTER MGMT. AND ADMIN. FEES 329,167. PROMOTIONS 1,186,711. AUTHOR FEES 73,806. CONTRACT SERVICES 468,130. CONSULTANTS/CONTRACT SERVICES (PRODUCT SUPPORT) 2,986,878. FORM 990, PART XI, LINE 9: PENSION LIABILITY ADJUSTMENT -4,327,745. CHANGE IN UNREALIZED LOSS ON DERIVATIVE INSTRUMENT 114,687. 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