2016-05-11T11:24:28-05:00 2015-06-30 042571780 ALEXANDER ARONSON FINNING & CO PC 21 EAST MAIN STREET WESTBORO MA 01581 990 2014-07-01 521593251 CAPITAL LINK INC CAPI 6174220350 40 COURT STREET 10TH FLOOR BOSTON MA 02108 ALLISON COLEMAN CEO 6174220350 2016-05-05 1 JOHN BUCKLEY CPA P00830631 5083669100 2016-05-05 2014 2016-08-17 19:52:53Z ALLISON COLEMAN 40 COURT STREET 10TH FLOOR BOSTON MA 02108 2532696 0 X WWW.CAPLINK.ORG X 1987 DC CAPITAL LINK IS A NATIONAL NONPROFIT ORGANIZATION THAT PROVIDES HIGH-QUALITY, AFFORDABLE, INNOVATIVE ADVISORY SERVICES RELATED TO PLANNING AND FINANCING CAPITAL PROJECTS FOR NONPROFIT COMMUNITY HEALTH CENTERS TO SUPPORT AND EXPAND COMMUNITY-BASED HEALTH CARE. 13 12 30 13 0 0 948000 951528 1329645 1575486 34781 3707 4747 1975 2317173 2532696 0 0 0 0 1825826 1971233 0 0 0 473282 561432 2299108 2532665 18065 31 1334034 1345777 588765 598227 745269 747550 CAPITAL LINK IS A NATIONAL NONPROFIT ORGANIZATION THAT PROVIDES HIGH-QUALITY, AFFORDABLE, INNOVATIVE ADVISORY SERVICES RELATED TO PLANNING AND FINANCING CAPITAL PROJECTS FOR NONPROFIT COMMUNITY HEALTH CENTERS TO SUPPORT AND EXPAND COMMUNITY-BASED HEALTH CARE. 0 0 1933900 1577461 CAPITAL LINK IS DEDICATED TO STRENGTHENING AND EXPANDING HIGH-QUALITY, COMMUNITY-BASED HEALTH CARE IN A RAPIDLY CHANGING MARKETPLACE. WE HELP HEALTH CENTERS GROW BY PROVIDING:- INDUSTRY VISION AND LEADERSHIP IN THE DEVELOPMENT OF CAPITALIZATION STRATEGIES FOR FACILITIES AND OPERATIONAL EXPANSION;- METRICS AND ANALYTICAL SERVICES FOR MEASURING HEALTH CENTER IMPACT, EVALUATING FINANCIAL AND OPERATING TRENDS AND PROMOTING PERFORMANCE IMPROVEMENT;- DIRECT ASSISTANCE TO HEALTH CENTERS AND COMPLEMENTARY NONPROFITS IN PLANNING AND FINANCING OPERATIONAL GROWTH AND CAPITAL NEEDS. 1933900 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 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 0 0 0 1 5 0 1 30 1 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 1 0 0 1 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 MA CA X SUSAN PETRIE COO 6174220350 40 COURT STREET 10TH FLOOR BOSTON MA 02108 JAMES W HUNT JR BOARD CHAIR 0.50 X X 0 577479 66341 THOMAS VAN COVERDEN BOARD 1ST VICE CHAIR 0.50 X X 0 0 0 RACHEL GONZALES-HANSON BOARD 2ND VICE CHAIR 0.50 X X 0 0 0 JAMES E LUISI BOARD SECRETARY/TREASURER 0.50 X X 0 0 0 ANITA ADDISON BOARD MEMBER 0.50 X 0 0 0 LORI BERRY BOARD MEMBER 0.50 X 0 0 0 JACK CRADOCK BOARD MEMBER 0.50 X 0 0 0 JOSEPH E PIERLE BOARD MEMBER 0.50 X 0 0 0 MICHAEL ANDRY BOARD MEMBER 0.50 X 0 0 0 SHERRY HIROTA BOARD MEMBER 0.50 X 0 0 0 TESS KUENNING BOARD MEMBER 0.50 X 0 0 0 JOHN CALLAHAN BOARD MEMBER 0.50 X 0 0 0 BEN MONEY BOARD MEMBER 0.50 X 0 0 0 KATHY GRANT-DAVIS BOARD MEMBER (LEFT IN FY15) 0.50 X 0 0 0 DICK BOHRER BOARD MEMBER 0.50 X 0 0 0 ALLISON COLEMAN CEO 34.00 12.00 X 649333 0 137487 SUSAN PETRIE COO 44.00 10.00 X 139767 0 27530 MARK LURTZ SR DIRECTOR OF MARKETING & 35.00 X 121685 0 27556 TERRANCE GLASSCOCK SR PROJECT CONSULTANT 35.00 X 108349 0 14206 MARY ANN WAYNE SR DIRECTOR OF MARKETING & 35.00 X 143325 0 19526 STEVE RUBMAN MANAGER OF DATA RESOURCES AND ANALYSIS 35.00 X 104938 0 24884 1267397 577479 317530 6 0 1 0 MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH 40 COURT STREET 10TH FLOOR BOSTON MA 02108 IT AND ADMIN. SERVICES 116470 1 951528 951528 ENGAGEMENT FEES 900099 1293266 1293266 PRIVATE CONTRACTS 900099 282220 282220 1575486 3556 3556 151 0 151 151 151 OTHER REVENUE 900099 1975 1975 1975 2532696 1577461 0 3707 484050 304365 179685 1172645 937623 235022 47790 42282 5508 156662 120089 36573 110086 81349 28737 7501 5538 1963 20257 14955 5302 846 846 22722 16774 5948 26564 20111 6453 63783 48717 15066 91376 67458 23918 136675 100900 35775 89035 87324 1711 38257 37522 735 31327 23127 8200 21755 16061 5694 EQUIPMENT LEASES AND MA 7833 6246 1587 MISC EXPENSE 3005 3005 0 CONSULTANTS 496 454 42 2532665 1933900 598765 0 474871 49341 339817 434435 222834 458730 14445 32853 462616 313694 97828 148922 111421 135572 6921 6612 65897 79312 1334034 1345777 491155 483837 97610 114390 588765 598227 X 745269 747550 745269 747550 1334034 1345777 31 2250 0 X X 0 1 X 1 1 1 X 1937739 964273 1278224 948000 951528 6079764 2512852 1471787 1024165 1329645 1575486 7913935 4450591 2436060 2302389 2277645 2527014 13993699 682564 682564 799641 362542 273900 569475 571161 2576719 1482205 362542 273900 569475 571161 3259283 10734416 13089 10244 4046 15602 3556 46537 13089 10244 4046 15602 3556 46537 5935 4618 3521 4747 1975 20796 4469615 2450922 2309956 2297994 2532545 14061032 0.76340 0.74290 0.00330 0.00470 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 462616 313694 148922 148922 DUE FROM AFFILIATE 79312 79312 X 2534100 2250 2250 2531850 846 846 2532696 2531819 0 2531819 846 846 2532665 PART X, LINE 2: CAPITAL LINK 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. CAPITAL LINK HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE COMBINING FINANCIAL STATEMENTS AT JUNE 30, 2015. CAPITAL LINK'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS AND GENERALLY REMAIN OPEN FOR THE MOST RECENT THREE YEARS. X X X X X X 0 0 0 0 0 0 0 0 0 JAMES W HUNT JR BOARD CHAIR 0 468896 0 100000 0 8583 0 40424 0 25917 0 643820 0 0 ALLISON COLEMAN CEO 269441 0 379892 0 0 0 100910 0 36577 0 786820 0 337127 0 SUSAN PETRIE COO 126346 0 13421 0 0 0 8240 0 19290 0 167297 0 0 0 MARY ANN WAYNE SR DIRECTOR OF MARKETING & 133995 0 9330 0 0 0 7777 0 11749 0 162851 0 0 0 PART II A PORTION OF ALLISON COLEMAN'S AND SUSAN PETRIE'S FISCAL YEAR 2015 SALARIES, $111,267 ARE CHARGED TO COMMUNITY HEALTH CENTER CAPITAL FUND, AN AFFILIATE. ALL OF MARY ANN WAYNE'S FISCAL YEAR 2015 SALARY, $146,219, IS ALSO CHARGED TO COMMUNITY HEALTH CENTER CAPITAL FUND. HOWEVER, THEIR W-2 WAGES ARE THAT OF CAPITAL LINK. AS SUCH, THE ENTIRE W-2 BALANCE IS REFLECTED ON THE ATTACHED SCHEDULE J. NO PORTION OF JAMES W. HUNT, JR.'S COMPENSATION IS CHARGED BACK TO CAPITAL LINK OR COMMUNITY HEALTH CENTER CAPITAL FUND. CAPITAL LINK MAINTAINS A SENIOR EXECUTIVE RETIREMENT PROGRAM (SERP) TO PROVIDE SUPPLEMENTAL RETIREMENT BENEFITS TO SENIOR EXECUTIVES. THE FIRST DISTRIBUTION DATE UNDER THE SERP WAS JUNE 30, 2014, AND ACCORDINGLY, $337,127 WAS DISTRIBUTED AT THAT TIME TO THE CEO. THE CEO'S REPORTABLE COMPENSATION (FROM HER W-2) IN 990 PART VII AND SCHEDULE J, PART II, OF THE 2014 990 INCLUDES THE $337,127 PAYMENT UNDER THIS PLAN. THIS PAYMENT IS SHOWN IN BOX BII OF SCHEDULE J, PART II. FORM 990, PART VI, SECTION A, LINE 4 THE NUMBER OF DIRECTORS OF THE CORPORATION SHALL BE NO FEWER THAN 13 AND NO LARGER THAN 15, UNLESS SUCH NUMBERS ARE DECREASED OR INCREASED BY THE BOARD OF DIRECTORS IN THE MANNER SET FORTH IN ARTICLE XIV HEREOF, PROVIDED THAT THE DIRECTORS APPOINTED BY THE MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS (MLCHC) SHALL AT ALL TIMES CONSTITUTE THE MAJORITY OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS SHALL BE APPOINTED AS FOLLOWS. THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS, INC. (NACHC) SHALL APPOINT A MINIMUM OF 5 AND A MAXIMUM OF 6 DIRECTORS AND MLCHC SHALL APPOINT A MINIMUM OF 8 AND A MAXIMUM OF 9 DIRECTORS, PROVIDED THAT NACHC AND MLCHC SHALL EACH APPOINT ITS CHIEF EXECUTIVE OFFICER OR HIS OR HER DESIGNEE AS A DIRECTOR AND SHALL EACH APPOINT AT LEAST 1 DIRECTOR WHO IS AN AUTHORIZED REPRESENTATIVE OF A STATE OR REGIONAL PRIMARY CARE ASSOCIATION, PROVIDED FURTHER THAT NACHC AND MLCHC TOGETHER SHALL ENDEAVOR TO APPOINT DIRECTORS WHO REPRESENT A GEOGRAPHIC CROSS-SECTION OF THE UNITED STATES AND REFLECT THE DIVERSITY OF THE HEALTH CENTER COMMUNITIES THEY SERVE AND WHO ARE SELECTED FOR THEIR EXPERTISE IN FINANCE, WHO HAVE CONNECTIONS TO THE PHILANTHROPIC COMMUNITY, OR WHO ARE KEY HEALTH CENTER MANAGERS, REPRESENTATIVES OF STATE OR REGIONAL PRIMARY CARE ASSOCIATIONS, OR OTHER IMPORTANT HEALTH CENTER STAKEHOLDERS AND ALLIES. FORM 990, PART VI, SECTION A, LINE 7A THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS, INC. HAS THE POWER TO APPOINT A MINIMUM OF 5 AND A MAXIMUM OF 6 DIRECTORS. MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS, INC. HAS THE POWER TO APPOINT A MINIMUM OF 8 AND A MAXIMUM OF 9 DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY MANAGEMENT AND CHAIR AND THE TREASURER OF THE BOARD OF DIRECTORS AND THEN IS MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CAPITAL LINK REQUIRES AN ANNUAL SIGN OFF FROM DIRECTORS DISCLOSING INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 CAPITAL LINK ENGAGED IN COMPENSATION STUDIES DURING FISCAL YEARS 2012 AND 2015 IN CONNECTION WITH RENEGOTIATING KEY EMPLOYEE CONTRACTS. AS AUTHORIZED BY THE FULL BOARD, CAPITAL LINK'S INDEPENDENT COMPENSATION COMMITTEE REVIEWED THE STUDIES AND SET KEY EMPLOYEE SALARIES CONSISTENT WITH COMPARABLE MARKET TRENDS. FORM 990, PART VI, SECTION C, LINE 19 CAPITAL LINK MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. COMMUNITY HEALTH CENTER CAPITAL FUND 40 COURT ST 10TH FLOOR BOSTON MA 02108 043122535 LENDING ACTIVITIES MA 501 (C) (3) 11 CAPITAL LINK 0 MASS LEAGUE OF COMMUNITY HEALTH CENTERS 40 COURT ST 10TH FLOOR BOSTON MA 02108 521593251 ASSISTANCE TO COMMUNITY HEALTH CENTERS MA 501 (C) (3) 7 N/A 0 CAPITAL LINK 2008 INVESTMENT FUND LLC 40 COURT STREET 10TH FL BOSTON MA 02108 392075704 TO MAKE QEIS INTO CDE 1 AND INVESTMENTS DE CAPITAL LINK INC RELATED -2 430 0 1 0.00010 CAPITAL LINK NMTC CDE #1 LLC 40 COURT STREET 10TH FL BOSTON MA 02108 205736539 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE CAPITAL LINK INC RELATED 9 430 0 1 0.00010 CAPITAL LINK NMTC CDE #3 LLC 40 COURT STREET 10TH FL BOSTON MA 02108 205736572 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE CAPITAL LINK INC RELATED 3 309 0 1 0.00010 HF STATE CREDIT LLC 40 COURT STREET 10TH FL BOSTON MA 02108 271119949 TO OBTAIN LOUISIANA STATE NEW MARKET TAX CREDITS LA CAPITAL LINK INC RELATED -297 2332 0 1 0.60000 CAPITAL FUND NMTC CDE #1 LLC 40 COURT STREET 10TH FL BOSTON MA 02108 464518279 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 48505 0 0 0.01000 CAPITAL FUND NMTC CDE #2 LLC 40 COURT STREET 10TH FL BOSTON MA 02108 205736561 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 0 0 CAPITAL FUND NMTC CDE #3LLC 40 COURT STREET 10TH FL BOSTON MA 02108 474371718 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 0 0 CAPITAL FUND NMTC CDE #4LLC 40 COURT STREET 10TH FL BOSTON MA 02108 474376770 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 0 0 0.01000 CAPITAL FUND NMTC CDE #5LLC 40 COURT STREET 10TH FL BOSTON MA 02108 474376854 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 0 0 0.01000 CAPITAL FUND NMTC CDE #6LLC 40 COURT STREET 10TH FL BOSTON MA 02108 474388461 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND RELATED 0 0 0.01000 CAPITAL LINK NMTC CDE #2 LLC 40 COURT STREET 10TH FL BOSTON MA 02108 205736561 TO SYNDICATE ALLOCATION OF NEW MARKET TAX CREDITS DE COMMUNITY HEALTH CENTER CAPITAL FUND C 719 0.00010 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 0 0 MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS INC K 195238 MEMORANDUM OF AGREEMENT MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS INC P 113708 PAID FOR ADMIN. SERVICES COMMUNITY HEALTH CENTER CAPITAL FUND N 0 INCLUDED IN LINE 7 BELOW COMMUNITY HEALTH CENTER CAPITAL FUND O 0 INCLUDED IN LINE 7 BELOW COMMUNITY HEALTH CENTER CAPITAL FUND L 11250 SUBCONTRACT AGREEMENT COMMUNITY HEALTH CENTER CAPITAL FUND Q 592817 MEMORANDUM OF AGREEMENT COMMUNITY HEALTH CENTER CAPITAL FUND M 0 INCLUDED IN LINE 7 ABOVE