2017-07-31T08:40:59-05:00 2016-12-31 131639826 EISNERAMPER LLP 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2016-01-01 455454875 HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA INC HEAL 2153914909 1801 MARKET STREET NO 750 PHILADELPHIA PA 19103 MARTIN LUPINETTI EXECUTIVE DIRECTOR 2155753758 2017-07-21 1 HELEN M MARTIN P01330899 2158818800 64.238.150.12 2017-07-21 10:27:32 ED P F81DCA92B917B4887B7FAF71296E4FB236FABEB0 F81DCA92B917B4887B7FAF71296E4FB236FABEB0 2016 2021-01-29 14:40:06Z MARTIN LUPINETTI 1801 MARKET STREET NO 750 PHILADELPHIA PA 19103 4663541 0 X WWW.HSXSEPA.ORG X 2012 PA HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. (HSX OR ORGANIZATION) IS A PENNSYLVANIA NOT FOR PROFIT ORGANIZATION FORMED IN MAY 2012 TO ENHANCE HEALTHCARE ORGANIZATIONS' ABILITY TO SHARE AND MANAGE CLINICAL DATA AT EVERY STAGE OF THE CARE DELIVERY PROCESS THROUGH A HEALTH INFORMATION EXCHANGE.THE MISSION OF HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. IS TO CREATE A COLLABORATIVE AND COORDINATED HEALTHCARE ENVIRONMENT FOR SOUTHEASTERN PENNSYLVANIANS WHERE: HEALTHCARE PROVIDERS AND STAKEHOLDERS HAVE ACCESS TO SHARED COMMUNITY INFORMATION ASSETS TO SUPPORT KEY CLINICAL DECISIONS ACROSS CARE SETTINGS; QUALITY OUTCOMES, PATIENT SAFETY AND POPULATION HEALTH ARE IMPROVED; COSTS ARE CONTAINED THROUGH IMPROVED EFFICIENCY AND REDUCTION OF DUPLICATIVE SERVICES; PATIENTS AND CONSUMERS BENEFIT THROUGH AN IMPROVED EXPERIENCE WITH THE HEALTHCARE SYSTEM WITH SPECIAL FOCUS ON THE CHRONICALLY ILL AND UNDERSERVED COMMUNITIES. 12 12 17 0 0 0 355000 965000 3075023 3690011 3379 8530 0 0 3433402 4663541 0 0 0 0 1278011 1698164 0 0 0 2909548 2530242 4187559 4228406 -754157 435135 1511969 2391495 707850 1152241 804119 1239254 X HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. (HSX OR ORGANIZATION) IS A PENNSYLVANIA NOT FOR PROFIT ORGANIZATION FORMED IN MAY 2012 TO ENHANCE HEALTHCARE ORGANIZATIONS' ABILITY TO SHARE AND MANAGE CLINICAL DATA AT EVERY STAGE OF THE CARE DELIVERY PROCESS THROUGH A HEALTH INFORMATION EXCHANGE.THE MISSION OF HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. IS TO CREATE A COLLABORATIVE AND COORDINATED HEALTHCARE ENVIRONMENT FOR SOUTHEASTERN PENNSYLVANIANS WHERE:HEALTHCARE PROVIDERS AND STAKEHOLDERS HAVE ACCESS TO SHARED COMMUNITY INFORMATION ASSETS TO SUPPORT KEY CLINICAL DECISIONS ACROSS CARE SETTINGS; QUALITY OUTCOMES, PATIENT SAFETY AND POPULATION HEALTH ARE IMPROVED; COSTS ARE CONTAINED THROUGH IMPROVED EFFICIENCY AND REDUCTION OF DUPLICATIVE SERVICES; PATIENTS AND CONSUMERS BENEFIT THROUGH AN IMPROVED EXPERIENCE WITH THE HEALTHCARE SYSTEM WITH SPECIAL FOCUS ON THE CHRONICALLY ILL AND UNDERSERVED COMMUNITIES. 0 0 3543255 3690011 ENHANCE HEALTHCARE ORGANIZATIONS' ABILITY TO SHARE AND MANAGE CLINICAL DATA AT EVERY STAGE OF THE CARE DELIVERY PROCESS THROUGH A HEALTH INFORMATION EXCHANGE. 3543255 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 0 0 0 0 1 16 0 1 17 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 PA X MARTIN LUPINETTI EXECUTIVE DIRECTOR 2153194905 1801 MARKET STREET SUITE 1750 PHILADELPHIA PA 19103 RICHARD SNYDER MD VICE CHAIRMAN 5.00 X X 0 0 0 KAY CARR TRUSTEE (ELECTED 11/16) 5.00 X 0 0 0 MARTIN CICCOCIOPPO TRUSTEE 5.00 X 0 0 0 KAREN THOMAS CHAIRMAN (RESIGNED 5/16) 5.00 X X 0 0 0 ANDREA GELZER MD SECRETARY 5.00 X X 0 0 0 DENISE CROCE TRUSTEE (ELECTED 11/16) 5.00 X 0 0 0 ELAINE MARKEZIN TRUSTEE 5.00 X 0 0 0 DONALD REED TRUSTEE 5.00 X 0 0 0 MICHAEL RESTUCCIA TRUSTEE 5.00 X 0 0 0 JONATHAN STERNLIEB MD TRUSTEE 5.00 X 0 0 0 SANDRA GOMBERG CHAIR 5.00 X X 0 0 0 JOSEPH BRAND TRUSTEE (RESIGNED 11/16) 5.00 X 0 0 0 A SCOTT MCNEAL DO TRUSTEE - (RESIGNED 10/16) 5.00 X 0 0 0 THOMAS FARLEY TRUSTEE (ELECTED 4/16) 5.00 X 0 0 0 SUSAN FREEMAN TRUSTEE (ELECTED 11/16) 5.00 X 0 0 0 NEIL LUBARSKY TREASURER - (RESIGNED BOD 11/16) 5.00 X 0 0 0 MARTIN LUPINETTI EXECUTIVE DIRECTOR 40.00 X 225228 0 31558 DANIEL WILT SENIOR DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 182087 0 29928 PAM CLARKE SENIOR DIRECTOR OF MEMBER SERVICES 40.00 X 148016 0 32611 RAKESH MATHEW PROGRAM MANAGER 40.00 X 150240 0 22401 JENNIFER NATALE SENIOR MANAGER OF ENGAGEMENT & ADOPTION 40.00 X 121500 0 21897 827071 0 138395 5 0 1 0 AUDACIOUS INQUIRY LLC 5523 RESEARCH PARK DRIVE SUITE 370 BALTIMORE MD 21228 PROFESSIONAL TECH SVCS 790660 QUALITY SYSTEMS INC PO BOX 809390 CHICAGO IL 60680 PROFESSIONAL TECH SVCS 540582 COOPER LEVINSON 1125 ATLANTIC AVENUE ATLANTIC CITY NJ 08401 LEGAL 120451 INTEPRO SOLUTIONS INC 165 CYPRESS DRIVE COLONIA NJ 07067 IT CONSULTING 112552 4 965000 965000 MEMBERSHIP DUES 541900 3690011 3690011 3690011 8530 8530 4663541 3690011 0 8530 256786 51357 205429 1193012 1018634 174378 32688 28466 4222 128297 109631 18666 87381 65536 21845 155252 116439 38813 80071 60053 20018 246831 230214 16617 38822 19411 19411 45720 22860 22860 1507076 1486571 20505 96427 72320 24107 40179 30134 10045 28152 21114 7038 173118 129838 43280 40761 30571 10190 DUES AND SUBSCRIPTIONS 31966 15983 15983 MEALS & ENTERTAINMENT 25809 19357 6452 TRAINING AND EDUCATION 13495 10121 3374 TAXES AND OTHER 6183 4637 1546 380 8 372 4228406 3543255 685151 0 741093 1581984 290262 311160 56229 129133 671325 302107 424385 369218 1511969 2391495 621791 678195 313450 86059 160596 707850 1152241 X 804119 1239254 804119 1239254 1511969 2391495 435135 0 X X 0 1 X 1 1 1 X 1202589 1713242 355000 965000 4235831 114595 1379830 1419500 3075023 3690011 9678959 114595 2582419 3132742 3430023 4655011 13914790 0 0 0 13914790 174 5667 4501 3379 8530 22251 174 5667 4501 3379 8530 22251 114769 2588086 3137243 3433402 4663541 13937041 0.99840 0.00160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 82869 6596 76273 28991 16553 12438 559465 278958 280507 369218 DEFERRED RENT 110596 REFUNDABLE ADVANCE 50000 160596 X 4663541 0 4663541 0 4663541 4228406 0 4228406 0 4228406 PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2016, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. RECOGNIZES INTEREST AND PENALTIES ASSOCIATED WITH INCOME TAXES, IF ANY, IN MISCELLANEOUS EXPENSE ON THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR THE YEARS ENDED DECEMBER 31, 2016 AND 2015. X X 0 0 0 0 0 0 0 0 0 MARTIN LUPINETTI EXECUTIVE DIRECTOR 186603 0 38625 0 0 0 7181 0 24377 0 256786 0 0 0 DANIEL WILT SENIOR DIRECTOR OF INFORMATION TECHN 153087 0 29000 0 0 0 7283 0 22645 0 212015 0 0 0 PAM CLARKE SENIOR DIRECTOR OF MEMBER SERVICES 135516 0 12500 0 0 0 5420 0 27191 0 180627 0 0 0 RAKESH MATHEW PROGRAM MANAGER 131490 0 18750 0 0 0 5125 0 17276 0 172641 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B ONCE THE FORM 990 IS COMPLETED BY THE TAX PREPARERS, IT WILL BE SHARED, REVIEWED AND DISCUSSED BY THE FINANCE AND AUDIT COMMITTEE VIA CONFERENCE MEETING OR CONFERENCE CALL. ONCE THEY HAVE APPROVED IT AND WITH THEIR RECOMMENDATION, IT WILL BE SENT TO THE FULL BOARD OF TRUSTEES FOR COMMENT AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL INTERESTED PARTIES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AS SOON AS IT IS KNOWN. EACH MEMBER OF THE BOARD OF TRUSTEES, MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS, AND HSX MANAGEMENT ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR TOP OFFICERS IS DETERMINED AFTER CAREFULLY CONSIDERING THE PERSON'S QUALIFICATIONS AND ACHIEVEMENTS AND AFTER CONFERRING WITH INDEPENDENT PARTIES WHO ARE FAMILIAR WITH EXECUTIVE COMPENSATION FOR NONPROFIT ORGANIZATIONS. COMPARISION OF INDUSTRY DATA WAS ALSO UTILIZED IN DETERMINING COMPENSATION FOR TOP OFFICERS. AN INDEPENDENT COMMITTEE OF THE BOARD REVIEWS AND ANALYZES THE COMPENSATION OF SENIOR EXECUTIVES. THE FULL BOARD SUBSEQUENTLY APPROVED EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC BY REQUEST TO THE ADMINISTRATIVE OFFICES OF THE ORGANIZATION AT THE ADDRESS AND PHONE NUMBER LISTED ON THE FORM 990. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE ASSUMES THE RESPONSIBILITY FOR SELECTING AN INDEPENDENT ACCOUNTANT AND FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.