LAHEY CLINIC FOUNDATION INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- LAHEY CLINIC FOUNDATION INC (EIN 04-2323457)
- Tax period
- 2012-10-01 to 2013-09-30
- Filed
- 2014-08-13
- IRS object ID
- 201442259349301684
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule G
- Schedule J
- Schedule K
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-08-13T15:44:16-05:00 | Timestamp |
| Tax Period End Date | 2013-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042684828 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FEELEY & DRISCOLL PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 PORTLAND STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02114 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 042323457 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAHEY CLINIC FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LAHE | NameControl |
| Phone | 7817445100 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 41 MALL ROAD | AddressLine1 |
| City | BURLINGTON | City |
| State | MA | State |
| ZIP Code | 01805 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HOWARD R GRANT JD MD | Name |
| Title | PRESIDENT/CEO | Title |
| Phone | 7817445100 | Phone |
| Date Signed | 2014-08-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALAN GAROFALO | Name |
| PTIN | P00744592 | PTIN |
| Phone | 6177427788 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | HOWARD R GRANT JD MD | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 41 MALL ROAD | AddressLine1 |
| City | BURLINGTON | City |
| State | MA | State |
| ZIP Code | 01805 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 24292344 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LAHEY.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1963 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | LAHEY CLINIC FOUNDATION, INC. SUPPORTS LAHEY CLINIC HOSPITAL, INC., LAHEY CLINIC, INC. AND LAHEY CLINIC AFFILIATED SERVICES, INC. (THROUGH JULY 31, 2013) LAHEY HOSPITAL & MEDICAL CENTER, IN ASSOCIATION WITH THE TUFTS UNIVERSITY SCHOOL OF MEDICINE, PROVIDES SUPERIOR HEALTH CARE LEADING TO THE BEST POSSIBLE OUTCOMES FOR EVERY PATIENT. AS ONE OF THE WORLD'S PREMIER HEALTH CARE ORGANIZATIONS, LAHEY HOSPITAL & MEDICAL CENTER AIMS TO EXCEED PATIENT'S HIGH EXPECTATIONS FOR SERVICE AND ADVANCE MEDICINE THROUGH RESEARCH AND THE EDUCATION OF TOMORROW'S HEALTH CARE LEADERS. IN ADDITION, LAHEY HOSPITAL & MEDICAL CENTER IS COMMITTED TO IMPROVING THE HEALTH AND QUALITY OF LIFE OF COMMUNITY RESIDENTS BY SUPPORTING LOCAL ORGANIZATIONS ALIGNED WITH THIS MISSION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 20 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 616 | TotalNbrEmployees |
| Total Nbr Volunteers | 37 | TotalNbrVolunteers |
| Total Gross UBI | -30972 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | -30972 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 3285682 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 4626570 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2677299 | InvestmentIncomePriorYear |
| Investment Income Current Year | 19512605 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 7070 | OtherRevenuePriorYear |
| Other Revenue Current Year | 153169 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 5970051 | TotalRevenuePriorYear |
| Total Revenue Current Year | 24292344 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 3029412 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 4017842 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 141000 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 405408 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 6078758 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1885452 | OtherExpensePriorYear |
| Other Expenses Current Year | 2242025 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5055864 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6665275 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 914187 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 17627069 | RevenuesLessExpensesCY |
| Total Assets BOY | 685716006 | TotalAssetsBOY |
| Total Assets EOY | 851356383 | TotalAssetsEOY |
| Total Liabilities BOY | 332955737 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 479699756 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 352760269 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 371656627 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SEE SCHEDULE O | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Description | LAHEY CLINIC FOUNDATION, INC., (FOUNDATION) IS THE SOLE CORPORATE MEMBER OF LAHEY CLINIC HOSPITAL, INC. (HOSPITAL), LAHEY CLINIC, INC. (CLINIC) AND LAHEY CLINIC AFFILIATED SERVICES, INC. (LCAS). THE FOUNDATION HOLDS CAPITAL ASSETS, INVESTMENTS, DEBT, AND INFRASTRUCTURE COSTS TO PROVIDE ASSISTANCE TO THE HOSPITAL AND CLINIC FOR THE PROVISION OF PATIENT HEALTH CARE SERVICES, PATIENT EDUCATION, COMMUNITY BENEFITS AND COMMUNITY SERVICE PROGRAMS, CONTINUING EDUCATION OF HEALTH CARE PROVIDERS, AS WELL AS HEALTH CARE RESEARCH ACTIVITIES. PHILANTHROPIC EFFORTS, ALSO IN SUPPORT OF THE HOSPITAL AND CLINIC, ARE CARRIED OUT BY THE FOUNDATION. | Description |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 1 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 1 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 1 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 1 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 196 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 616 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CA | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 20 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | AZ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | AR | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CO | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | CT | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | FL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | GA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | KY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | ME | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | MO | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NH | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NJ | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NM | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | NY | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | OK | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | RI | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | VA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WA | StatesWhereCopyOfReturnIsFiled |
| States Where Copy Of Return Is Filed | WI | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIMOTHY O'CONNOR | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 7817445100 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 41 MALL ROAD | AddressLine1 |
| City | BURLINGTON | City |
| State | MA | State |
| ZIP Code | 01805 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|---|
| HOWARD R GRANT JD MD | ||||||||||
| TRUSTEE/PRESIDENT/CEO | 50.00 | 1.00 | X | X | 1404056 | 0 | 268890 | |||
| JOHN A LIBERTINO MD | ||||||||||
| TRUSTEE/CHAIR DEPT OF UROLOGY | 1.00 | 40.00 | X | 0 | 774869 | 64613 | ||||
| RICHARD W NESTO MD | ||||||||||
| TRUSTEE/EVP/CMOO/PHYSICIAN | 40.00 | 1.00 | X | 782068 | 0 | 97938 | ||||
| ROGER L JENKINS MD | ||||||||||
| TRUSTEE/PHYSICIAN | 1.00 | 40.00 | X | 0 | 645142 | 49359 | ||||
| RICHARD S D'AGOSTINO MD | ||||||||||
| TRUSTEE/CHAIR DEPT CARDIO SURG | 1.00 | 40.00 | X | 0 | 628799 | 46859 | ||||
| ANDREW G VILLANUEVA MD | ||||||||||
| TRUSTEE/CMO CLINIC/PHYSICIAN | 1.00 | 40.00 | X | 0 | 363060 | 35366 | ||||
| BETSEY CRAWFORD MD | ||||||||||
| TRUSTEE/PHYSICIAN | 1.00 | 40.00 | X | 0 | 201368 | 1096 | ||||
| ARTHUR P MOURTZINOS MD | ||||||||||
| TRUSTEE/PHYSICIAN | 1.00 | 40.00 | X | 0 | 471126 | 57092 | ||||
| REBECCA C YANG MD | ||||||||||
| TRUSTEE/PHYSICIAN | 1.00 | 40.00 | X | 0 | 371361 | 40004 | ||||
| ERIC M BAILEY | ||||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||||
| CRAIG R BENSON | ||||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||||
| ANN MARIE CONNOLLY | ||||||||||
| TRUSTEE/BOARD CHAIR START 2/25/13 | 2.00 | X | 0 | 0 | 0 | |||||
| JAMES D IRVING | ||||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||||
| J WILLIAM PODUSKA | ||||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||||
| WINDLE B PRIEM | ||||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||||
| MICHAEL C RUETTGERS | ||||||||||
| TRUSTEE/BOARD CHAI UNTIL 2/25/13 | 2.00 | X | 0 | 0 | 0 | |||||
| CAROLYN AIN | ||||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||||
| JANE C EDMUNDS | ||||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||||
| DEBORAH MCKENNA | ||||||||||
| TRUSTEE START 12/21/12 | 1.00 | X | 0 | 0 | 0 | |||||
| DAVID WAJSGRAS | ||||||||||
| TRUSTEE START 12/21/12 | 1.00 | X | 0 | 0 | 0 | |||||
| EDWARD ESKANDARIAN | ||||||||||
| TRUSTEE | 1.00 | X | 0 | 0 | 0 | |||||
| TIMOTHY O'CONNOR | ||||||||||
| OFFICER/TREASURER/EVP/CFO | 50.00 | 1.00 | X | 810958 | 0 | 141710 | ||||
| DAVID SPACKMAN JD | ||||||||||
| CLERK/GEN COUNSEL | 50.00 | 1.00 | X | 234832 | 0 | 36052 | ||||
| MARYELLEN LEAR | ||||||||||
| ASST CLERK START 2/25/13 | 1.00 | 40.00 | X | 0 | 89019 | 13653 | ||||
| PETER LLOYD | ||||||||||
| ASST TREASURER START 2/25/13 | 40.00 | 1.00 | X | 337924 | 0 | 21070 | ||||
| ROBERT E WISE DECEASED 81212 | ||||||||||
| ADMINISTRATOR | 40.00 | 629830 | 0 | 0 | X | |||||
| JOSEPH C CORKERY | ||||||||||
| CHIEF INST. ADV. OFFICER | 40.00 | 477907 | 0 | 38754 | X | |||||
| JOAN M ROBBIO | ||||||||||
| CHIEF HUMAN RESOURCES OFFICER | 40.00 | 435914 | 0 | 65523 | X | |||||
| KATHLEEN S JOSE | ||||||||||
| CHIEF NURSING OFFICER | 40.00 | 374399 | 0 | 25848 | X | |||||
| BRUCE A METZ | ||||||||||
| CIO | 1.00 | 40.00 | 0 | 386071 | 47101 | X | ||||
| DONALD F SNELL | ||||||||||
| EVP & COO | 1.00 | 40.00 | 0 | 714976 | 106148 | X | ||||
| PHILLIPS AXTEN | ||||||||||
| CORPORATE COMPLIANCE OFFICER LHS | 40.00 | 380154 | 0 | 16194 | X | |||||
| THEORN BRADLEY | ||||||||||
| VP. HUMAN RESOURCES COMPENSATI | 40.00 | 361486 | 0 | 70871 | X | |||||
| NELSON R GAGNON | ||||||||||
| VP. INFORMATION SERVICES | 40.00 | 319203 | 0 | 1714 | X | |||||
| ROGER J CAMERON | ||||||||||
| VP PATIENT FINANCIAL SERVICES | 40.00 | 274711 | 0 | 32850 | X | |||||
| ALLEN S DANIS | ||||||||||
| VP. CONTRACTING | 40.00 | 316264 | 0 | 17662 | X | |||||
| DAVID M BARRETT MD | ||||||||||
| FORMER TRUSTEE/PRESIDENT/CEO | 0.00 | 746929 | 0 | 200000 | X | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 7886635 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 4645791 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 1496367 | TotalOtherCompensation |
| Number Individuals GT100 K | 97 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| DELOITTE CONSULTING LLP | |||||
| PO BOX 7247-6447 | PHILADELPHIA | PA | 19170 | EHS CONSULTING | 2532066 |
| AMERICAN PERSONNEL HEALTHCARE SERVICES | |||||
| 133 FEDERAL STREET 4TH FLOOR | BOSTON | MA | 02110 | PROFESSIONAL STAFFING SERVICES | 2020796 |
| ECLIPSYS SOLUTIONS CORPORATION | |||||
| PO BOX 8538-0133 | PHILADELPHIA | PA | 19171 | ELECTRONIC HEALTH SYSTEM | 1756268 |
| MEDMATICA CONSULTING ASSOCIATES INC | |||||
| 18 BARRINGTON LANE | CHESTER SPRINGS | PA | 19425 | EHS CONSULTING | 1519887 |
| BRAND UNION CO INC | |||||
| PO BOX 7247-7196 | PHILADELPHIA | PA | 19170 | MARKETING CONSULTING SERVICES | 1368060 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 47 | NumberOfContractorsGT100K |
| All Other Contributions | 4626570 | AllOtherContributions |
| Total Contributions | 4626570 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3429382 | TotalRevenueColumn |
| Unrelated Business Revenue | -30972 | UnrelatedBusinessRevenue |
| Exclusion | $3,460,354 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 50301 | TotalRevenueColumn |
| Exclusion | $50,301 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14886103 | Securities |
| Other | 1146819 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14886103 | Securities |
| Other | 1146819 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16032922 | TotalRevenueColumn |
| Exclusion | $16,032,922 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER REVENUE | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 153169 | TotalRevenueColumn |
| Exclusion | $153,169 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 153169 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 24292344 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | -30972 | UnrelatedBusinessRevenue |
| Exclusion | $19,696,746 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27537 | Total |
| Management And General | 27537 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8086 | Total |
| Management And General | 8086 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3166280 | Total |
| Management And General | 194728 | ManagementAndGeneral |
| Fundraising | 2971552 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 350763 | Total |
| Management And General | 24572 | ManagementAndGeneral |
| Fundraising | 326191 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 246446 | Total |
| Management And General | 16869 | ManagementAndGeneral |
| Fundraising | 229577 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 218730 | Total |
| Management And General | 16653 | ManagementAndGeneral |
| Fundraising | 202077 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31176 | Total |
| Management And General | 6787 | ManagementAndGeneral |
| Fundraising | 24389 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2740 | Total |
| Management And General | 2740 | ManagementAndGeneral |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 405408 | Total |
| Fundraising | 405408 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66520 | Total |
| Fundraising | 66520 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 608633 | Total |
| Management And General | 91155 | ManagementAndGeneral |
| Fundraising | 517478 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21915 | Total |
| Management And General | 21915 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 221197 | Total |
| Management And General | 16686 | ManagementAndGeneral |
| Fundraising | 204511 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22987 | Total |
| Management And General | 22987 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 444279 | Total |
| Management And General | 13270 | ManagementAndGeneral |
| Fundraising | 431009 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17738 | Total |
| Management And General | 3927 | ManagementAndGeneral |
| Fundraising | 13811 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13922 | Total |
| Management And General | 13922 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 51611 | Total |
| Management And General | 51611 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2782 | Total |
| Management And General | 2782 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | GENERAL SUPPLIES | Description |
| Total | 736525 | Total |
| Management And General | 50290 | ManagementAndGeneral |
| Fundraising | 686235 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6665275 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 586517 | ManagementAndGeneral |
| Fundraising | 6078758 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6831224 | BOY |
| EOY | 13982926 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 118200 | BOY |
| EOY | 71000 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6715 | BOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4380315 | BOY |
| EOY | 4436944 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 912621527 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 551719937 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 336520330 | BOY |
| EOY | 360901590 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 90460862 | BOY |
| EOY | 138257750 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194043337 | BOY |
| EOY | 274788583 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 53355023 | BOY |
| EOY | 58917590 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 685716006 | BOY |
| EOY | 851356383 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37808996 | BOY |
| EOY | 56800457 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176143259 | BOY |
| EOY | 293867743 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2402972 | BOY |
| EOY | 1975450 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2431860 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 114168650 | BOY |
| EOY | 127056106 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 332955737 | BOY |
| EOY | 479699756 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 258376628 | BOY |
| EOY | 272282903 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 36275143 | BOY |
| EOY | 39937449 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 58108498 | BOY |
| EOY | 59436275 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 352760269 | BOY |
| EOY | 371656627 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 685716006 | BOY |
| EOY | 851356383 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 17627069 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | -7656416 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | 8925705 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3904026 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3963818 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2768044 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3285682 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4626570 | CurrentTaxYear |
| Total | 18548140 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3904026 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3963818 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2768044 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3285682 | CurrentTaxYearMinus1Year |
| Current Tax Year | 4626570 | CurrentTaxYear |
| Total | 18548140 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 18548140 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 4023413 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3204960 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 3684596 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2873563 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3479683 | CurrentTaxYear |
| Total | 17266215 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 356 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6268 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 8134 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 7070 | CurrentTaxYearMinus1Year |
| Current Tax Year | 153169 | CurrentTaxYear |
| Total | 174997 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 35989352 | TotalSupport |
| Public Support Pertcentage170 | 0.51540 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.41010 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Solicited Assets For Sale | 0 | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 284504199 | BeginningOfYearBalance |
| Contributions | 688023 | Contributions |
| Investment Earnings Or Losses | 16904514 | InvestmentEarningsOrLosses |
| Other Expenditures | 6048789 | OtherExpenditures |
| Administrative Expenses | 642533 | AdministrativeExpenses |
| End Of Year Balance | 295405414 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 266009728 | BeginningOfYearBalance |
| Contributions | 946986 | Contributions |
| Investment Earnings Or Losses | 25996140 | InvestmentEarningsOrLosses |
| Other Expenditures | 7824838 | OtherExpenditures |
| Administrative Expenses | 623817 | AdministrativeExpenses |
| End Of Year Balance | 284504199 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 275817593 | BeginningOfYearBalance |
| Contributions | 1849984 | Contributions |
| Investment Earnings Or Losses | -726521 | InvestmentEarningsOrLosses |
| Other Expenditures | 10133190 | OtherExpenditures |
| Administrative Expenses | 798138 | AdministrativeExpenses |
| End Of Year Balance | 266009728 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 262176300 | BeginningOfYearBalance |
| Contributions | 814624 | Contributions |
| Investment Earnings Or Losses | 23033174 | InvestmentEarningsOrLosses |
| Other Expenditures | 9539545 | OtherExpenditures |
| Administrative Expenses | 666960 | AdministrativeExpenses |
| End Of Year Balance | 275817593 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 274357327 | BeginningOfYearBalance |
| Contributions | 987745 | Contributions |
| Investment Earnings Or Losses | 8636901 | InvestmentEarningsOrLosses |
| Other Expenditures | 21526729 | OtherExpenditures |
| Administrative Expenses | 278944 | AdministrativeExpenses |
| End Of Year Balance | 262176300 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.77000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.23000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 15393209 | OtherCostOrOtherBasis |
| Book Value | 15393209 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 528411529 | OtherCostOrOtherBasis |
| Depreciation | 247399425 | Depreciation |
| Book Value | 281012104 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 9215827 | OtherCostOrOtherBasis |
| Depreciation | 6331212 | Depreciation |
| Book Value | 2884615 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 345706147 | OtherCostOrOtherBasis |
| Depreciation | 287578159 | Depreciation |
| Book Value | 58127988 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 13894815 | OtherCostOrOtherBasis |
| Depreciation | 10411141 | Depreciation |
| Book Value | 3483674 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 360901590 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | OTHER INVESTMENTS | Description |
| Book Value | 274788583 | BookValue |
| Method Of Valuation | F | MethodOfValuation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 274788583 | TotalOfBookValueSecurities |
Other Assets OtherAssets (8 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEFERRED DEBT ISSUE COSTS, NET | 3587471 |
| INVESTMENT - LAHEY CLINIC INSURANCE | 120000 |
| INVESTMENT - JOINT VENTURE - FELLSWAY DEVELOPMENT | 6478936 |
| OTHER RECEIVABLES - EMPLOYEES | 370604 |
| ASSETS HELD UNDER SPLIT INTEREST AGREEMENTS | 11367452 |
| BENEFICIAL INTEREST IN PERPETUAL AND LEAD TRUSTS | 30011435 |
| INVESTMENTS - OTHER | 4805121 |
| INTERCOMPANY RECEIVABLES | 2176571 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 58917590 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| INTERCOMPANY PAYABLES | $119,902,431 |
| SPLIT INTEREST LIABILITY | $6,166,768 |
| CONDITIONAL ASSET RETIREMENT OBLIGATION | $986,907 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 127056106 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 28669187 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -7656416 | NetUnrealizedGainsInvestments |
| Other Revenues | 16659829 | OtherRevenues |
| Revenue Not Rptd F990 | 9003413 | RevenueNotRptdF990 |
| Revenue Subtotal | 19665774 | RevenueSubtotal |
| Other Revenues Not Included | 4626570 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 4626570 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 24292344 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 14762886 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 8097611 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 8097611 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6665275 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6665275 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (6 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART III, LINE 1A: | THE ORGANIZATION MAINTAINS COLLECTIONS OF ART FOR DISPLAY TO IMPROVE THE PATIENT CARE ENVIRONMENT. | |
| PART III, LINE 4: | THE ORGANIZATION MAINTAINS COLLECTIONS OF ART FOR DISPLAY TO IMPROVE THE PATIENT CARE ENVIRONMENT. | |
| PART V, LINE 4: | THE ORGANIZATION'S ENDOWMENT FUNDS SUBSIDIZE THE COSTS OF PROVIDING SUPERIOR HEALTH CARE LEADING TO THE BEST POSSIBLE OUTCOME FOR EVERY PATIENT. THE COSTS ARE FOR PATIENT CARE, PATIENT EDUCATION, CONTINUING EDUCATION OF HEALTH CARE PROVIDERS, RESEARCH, AND CAPITAL EXPENDITURES. | DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: |
| UNRESTRICTED CONTRIBUTIONS 4,559,051. ASSETS RELEASED FROM TIME RESTRICTIONS 737,679. ASSETS RELEASED FROM RESTRICTIONS 1,925,648. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 256,008. REDESIGNATION OF GIFTS 70,001. OTHER OPERATING REVENUES TRANSFER TO LAHEY CLINIC, INC. AND LAHEY CLINIC HOSPITAL INC. 9,111,442. | PART XI, LINE 2D - OTHER ADJUSTMENTS: | |
| CONTRIBUTIONS, GIFTS, AND GRANTS 4,626,570. | PART XI, LINE 4B - OTHER ADJUSTMENTS: | |
| OTHER OPERATING REVENUE COLLECTED BY LAHEY CLINIC FOUNDATION, INC. AND CREDITED TO OVERHEAD EXPENSES ALLOCATED TO LAHEY CLINIC INC. AND LAHEY CLINIC HOSPITAL, INC. 9,111,420. PENSION AND POST RETIREMENT RELATED CHANGES -1,013,809. | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable (2 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|
| NORTH AMERICA | 0 | 0 | FUNDRAISING | 202476 |
| CENTRAL AMERICA/CARIBBEAN | 0 | 0 | INVESTMENTS | 57168474 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 57370950 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 57370950 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 1 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 0 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Reference | SCHEDULE F, PART I, LINE 3 (1) | ReturnReference |
| Explanation | LAHEY CLINIC FOUNDATION DOES NOT SEPARATELY TRACK EXPENDITURES FOR FUNDRAISING OUTSIDE THE UNITED STATES IN THE REGION. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Agreement Ref Fundraising | 0 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|---|---|---|
| NEWPORT CREATIVE COMMUNICATIONS | ||||||||
| 33 RAILROAD AVENUE | DUXBURY | MA | 02332 | DIRECT MAILING | 0 | 1342000 | 391696 | -391696 |
| PUBLIC INTEREST COMMUNICATIONS | ||||||||
| 7700 LEESBURG PIKE SUITE 301 NORTH | FALLS CHURCH | VA | 22043 | TELEMARKETING | 0 | 15100 | 13712 | -13712 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 1357100 | TotalGrossReceipts |
| Total Retained By Contractors | 405408 | TotalRetainedByContractors |
| Total Net To Organization | -405408 | TotalNetToOrganization |
| Licensed States | AZ | LicensedStates |
| Licensed States | AR | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CO | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | MA | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | NH | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NY | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | WA | LicensedStates |
| Licensed States | WI | LicensedStates |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (24 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HOWARD R GRANT JD MD | ||||||||||||||
| TRUSTEE/PRESIDENT/CEO | 1020410 | 0 | 360750 | 0 | 22896 | 0 | 239397 | 0 | 29493 | 0 | 1672946 | 0 | 0 | 0 |
| JOHN A LIBERTINO MD | ||||||||||||||
| TRUSTEE/CHAIR DEPT OF UROLOGY | 0 | 751998 | 0 | 0 | 0 | 22871 | 0 | 43600 | 0 | 21013 | 0 | 839482 | 0 | 0 |
| RICHARD W NESTO MD | ||||||||||||||
| TRUSTEE/EVP/CMOO/PHYSICIAN | 636722 | 0 | 122450 | 0 | 22896 | 0 | 73300 | 0 | 24638 | 0 | 880006 | 0 | 0 | 0 |
| ROGER L JENKINS MD | ||||||||||||||
| TRUSTEE/PHYSICIAN | 0 | 622246 | 0 | 0 | 0 | 22896 | 0 | 17000 | 0 | 32359 | 0 | 694501 | 0 | 0 |
| RICHARD S D'AGOSTINO MD | ||||||||||||||
| TRUSTEE/CHAIR DEPT CARDIO SURG | 0 | 606041 | 0 | 0 | 0 | 22758 | 0 | 17000 | 0 | 29859 | 0 | 675658 | 0 | 0 |
| ANDREW G VILLANUEVA MD | ||||||||||||||
| TRUSTEE/CMO CLINIC/PHYSICIAN | 0 | 340302 | 0 | 0 | 0 | 22758 | 0 | 17000 | 0 | 18366 | 0 | 398426 | 0 | 0 |
| BETSEY CRAWFORD MD | ||||||||||||||
| TRUSTEE/PHYSICIAN | 0 | 179602 | 0 | 0 | 0 | 21766 | 0 | 0 | 0 | 1096 | 0 | 202464 | 0 | 0 |
| ARTHUR P MOURTZINOS MD | ||||||||||||||
| TRUSTEE/PHYSICIAN | 0 | 454072 | 0 | 0 | 0 | 17054 | 0 | 34000 | 0 | 23092 | 0 | 528218 | 0 | 0 |
| REBECCA C YANG MD | ||||||||||||||
| TRUSTEE/PHYSICIAN | 0 | 354271 | 0 | 0 | 0 | 17090 | 0 | 17000 | 0 | 23004 | 0 | 411365 | 0 | 0 |
| TIMOTHY O'CONNOR | ||||||||||||||
| OFFICER/TREASURER/EVP/CFO | 700450 | 0 | 87750 | 0 | 22758 | 0 | 117000 | 0 | 24710 | 0 | 952668 | 0 | 0 | 0 |
| DAVID SPACKMAN JD | ||||||||||||||
| CLERK/GEN COUNSEL | 226808 | 0 | 0 | 0 | 8024 | 0 | 25202 | 0 | 10850 | 0 | 270884 | 0 | 0 | 0 |
| PETER LLOYD | ||||||||||||||
| ASST TREASURER START 2/25/13 | 315286 | 0 | 0 | 0 | 22638 | 0 | 0 | 0 | 21070 | 0 | 358994 | 0 | 0 | 0 |
| ROBERT E WISE DECEASED 81212 | ||||||||||||||
| ADMINISTRATOR | 629830 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 629830 | 0 | 0 | 0 |
| JOSEPH C CORKERY | ||||||||||||||
| CHIEF INST. ADV. OFFICER | 455011 | 0 | 0 | 0 | 22896 | 0 | 17000 | 0 | 21754 | 0 | 516661 | 0 | 0 | 0 |
| JOAN M ROBBIO | ||||||||||||||
| CHIEF HUMAN RESOURCES OFFICER | 412652 | 0 | 0 | 0 | 23262 | 0 | 43519 | 0 | 22004 | 0 | 501437 | 0 | 0 | 0 |
| KATHLEEN S JOSE | ||||||||||||||
| CHIEF NURSING OFFICER | 351503 | 0 | 0 | 0 | 22896 | 0 | 17000 | 0 | 8848 | 0 | 400247 | 0 | 0 | 0 |
| BRUCE A METZ | ||||||||||||||
| CIO | 0 | 363175 | 0 | 0 | 0 | 22896 | 0 | 43932 | 0 | 3169 | 0 | 433172 | 0 | 0 |
| DONALD F SNELL | ||||||||||||||
| EVP & COO | 0 | 604468 | 0 | 87750 | 0 | 22758 | 0 | 85078 | 0 | 21070 | 0 | 821124 | 0 | 0 |
| PHILLIPS AXTEN | ||||||||||||||
| CORPORATE COMPLIANCE OFFICER LHS | 362350 | 0 | 0 | 0 | 17804 | 0 | 13056 | 0 | 3138 | 0 | 396348 | 0 | 0 | 0 |
| THEORN BRADLEY | ||||||||||||||
| VP. HUMAN RESOURCES COMPENSATI | 338224 | 0 | 0 | 0 | 23262 | 0 | 41312 | 0 | 29559 | 0 | 432357 | 0 | 0 | 0 |
| NELSON R GAGNON | ||||||||||||||
| VP. INFORMATION SERVICES | 318807 | 0 | 0 | 0 | 396 | 0 | 0 | 0 | 1714 | 0 | 320917 | 0 | 0 | 0 |
| ROGER J CAMERON | ||||||||||||||
| VP PATIENT FINANCIAL SERVICES | 251953 | 0 | 0 | 0 | 22758 | 0 | 10333 | 0 | 22517 | 0 | 307561 | 0 | 0 | 0 |
| ALLEN S DANIS | ||||||||||||||
| VP. CONTRACTING | 293368 | 0 | 0 | 0 | 22896 | 0 | 17000 | 0 | 662 | 0 | 333926 | 0 | 0 | 0 |
| DAVID M BARRETT MD | ||||||||||||||
| FORMER TRUSTEE/PRESIDENT/CEO | 699503 | 0 | 0 | 0 | 47426 | 0 | 200000 | 0 | 0 | 0 | 946929 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 3 | THE ITEMS CHECKED IN SCHEDULE J, PART I, LINE 1A, VIA AN EXECUTED EMPLOYMENT AGREEMENT, WERE NEGOTIATED AND AGREED TO BY BOTH PARTIES AND THEIR REPRESENTATIVES. | |
| PART I, LINES 4A-B | DR. DAVID M. BARRETT WAS TERMINATED FROM LAHEY CLINIC FOUNDATION, INC. ON 12/31/2010. SCHEDULE J REQUIRES THE REPORTING OF COMPENSATION BASED ON CALENDAR YEAR 2012. DR. BARRETT'S COMPENSATION PAID FOR CALENDAR YEAR 2012 INCLUDES $699,503 OF SEVERANCE PAYMENTS PER DR. BARRETT'S EMPLOYMENT CONTRACT, AND $47,426 OF TAXABLE LIFE INSURANCE BENEFITS. THE REMAINING AMOUNT PAID TO DR. BARRETT OF $200,000 IS DEFERRED COMPENSATION UNDER A SPLIT DOLLAR AGREEMENT WITH LAHEY CLINIC HOSPITAL, INC. SCHEDULE J, PART I, LINE 4B, PART II COLUMN C THE ORGANIZATION MAINTAINS A 457F NONQUALIFIED DEFERRED COMPENSATION PLAN FOR CERTAIN PHYSICIANS, EXECUTIVE MANAGEMENT AND DEFINED MEDICAL STAFF. THE PLAN OFFERS PARTICIPATING EMPLOYEES AN ANNUAL DEFFERAL OF COMPENSATION IN ADDITION TO THEIR SALARIES. FOR THE CURRENT PERIOD, THE FOLLOWING PERSONS PARTICIPATED IN THE 457F NONQUALIFIED DEFERRED COMPENSATION PLAN: RICHARD W NESTO- AMOUNT $58,300 TIMOTHY O'CONNOR- AMOUNT $117,000 HOWARD R GRANT, J.D., M.D. - AMOUNT = $195,000 DONALD F. SNELL - AMOUNT $58,500 ELIZABETH A. POMFRET - AMOUNT $50,000 | |
| PART I, LINE 7 | THE NON-FIXED PAYMENT BONUSES REPORTED IN SCHEDULE J, PART II, COLUMN B(II) ARE DETERMINED BY AN INDEPENDENT COMPENSATION COMMITTEE, WHICH INCLUDES A GROUP OF TRUSTEES. IN A SUBJECTIVE MANNER, THE COMMITTEE TAKES INTO ACCOUNT THE ACHIEVEMENTS OF BOTH THE ORGANIZATION AND THE INDIVIDUAL TO DETERMINE AN APPROPRIATE AMOUNT OF SUCH BONUSES. | |
| PART III | SCHEDULE J, PART II LAHEY CLINIC FOUNDATION, INC. AND ITS RELATED ORGANIZATIONS DO NOT COMPENSATE ANY TRUSTEE IN THEIR CAPACITY AS TRUSTEE. ALL COMPENSATION PAID IS FOR WORK PERFORMED IN THEIR CAPACITY OTHER THAN TRUSTEE, WHICH IS LISTED ON FORM 990, PART VII, DIRECTLY FOLLOWING THE TITLE OF THE TRUSTEE. | SUPPLEMENTAL INFORMATION |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)
| Bond ReferenceBondReferenceCd | Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|---|
| 2005 MHEFA SERIES C BONDS | ||||||||
| A | 042456011 | 57586CKW4 | 2005-07-14 | 161296967 | REFUNDING AND DEFEASANCE OF EXISTING LONG-TERM DEBT AND A NEW PARKING GARAGE | 0 | 0 | 0 |
| 2007 MHEFA SERIES D BONDS | ||||||||
| B | 042456011 | 57586CE68 | 2007-08-17 | 48655976 | EXPANSION, RENOVATION, FURNISHING AND EQUIPPING OF AN AMBULATORY CARE CENTER | 0 | 0 | 0 |
| 2013 MDFA SERIES E BONDS | ||||||||
| C | 134994650 | 2013-03-07 | 130000000 | CONSTRUCTION/EQUIPPING OF A POWER PLANT AND ACQUISITION OF CAPITAL ASSETS | 0 | 0 | 0 | |
Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)
| Bond ReferenceBondReferenceCd | Amount RetiredAmountRetired | Total ProceedsTotalProceeds | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind | Amount UnspentAmountUnspent |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 39498956 | 163666057 | 1259007 | 3594356 | 51328227 | 107484467 | 2006 | 1 | 0 | 1 | 1 | |
| B | 29756 | 51388809 | 870765 | 50518044 | 2009 | 0 | 0 | 1 | 1 | |||
| C | 6615000 | 130050301 | 500000 | 11988119 | 0 | 0 | 0 | 1 | 117562182 |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Engage Bond Counsel ContractsEngageBondCounselContracts | Any Research AgreementsAnyResearchAgreements | Engage Bond Counsel ResearchEngageBondCounselResearch | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Bond Iss Meet Prvt Security Pay TestBondIssMeetPrvtSecurityPayTest | Change In Use Bond Financed PropChangeInUseBondFinancedProp | Non Qualified Bond Remed ProcdrsNonQualifiedBondRemedProcdrs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 1 | 1 | 1 | 1 | 1 | 0.00940 | 0.00240 | 0.01180 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiled | Rebate Not Due YetRebateNotDueYet | Exception To RebateExceptionToRebate | No Rebate DueNoRebateDue | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Term Of GICTermOfGIC | Regulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied | Gross Proceeds InvestedGrossProceedsInvested | Written Proc To Monitor ReqsWrittenProcToMonitorReqs | Business Name Line2NameOfGICProvider/BusinessNameLine2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| XL ASSET FUND CO I | ||||||||||||
| A | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1.830000000000 | 1 | 0 | 0 | |
| AIG MATCH FUND | ||||||||||||
| B | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1.000000000000 | 1 | 0 | 0 | CORP |
| (no name) | ||||||||||||
| C | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | |||
Form990 Schedule K Part V Form990ScheduleKPartV (3 entries)
| Bond ReferenceBondReferenceCd | Proc To Undertk Corrective ActionProcToUndertkCorrectiveAction |
|---|---|
| A | 1 |
| B | 1 |
| C | 1 |
Schedule L IRS990ScheduleL
Loan Table LoanTable
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BERNARD GORDON | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship With Organization | FORMER TRUSTEE | RelationshipWithOrganization |
| Purpose Of Loan | ASSET ACQUISITION | PurposeOfLoan |
| Loan To Organization | X | LoanToOrganization |
| Original Principal | $5,000,000 | OriginalPrincipalAmount |
| Balance Due | 1975450 | BalanceDue |
| Default | 0 | Default |
| Approved By Board | 1 | ApprovedByBoard |
| Written Agreement | 1 | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 1975450 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ADAM S AIN | |||
| SON OF TRUSTEE | 14080 | EMPLOYEE COMPENSATION. | 0 |
| ERIC M BAILEY | |||
| TRUSTEE OF LAHEY CLINIC FOUNDATION, INC. | 35000 | LAHEY CLINIC HOSPITAL, INC. PURCHASES MEDICAL EQUIPMENT AND SUPPLIES FROM NEUROLOGICA, INC., A COMPANY FOR WHICH MR. BAILEY IS THE PRESIDENT AND CEO. | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (16 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART IV, LINE 11(F) AND SCHEDULE D, PART X, LINE 2 | THE ORGANIZATION'S FINANCIAL STATEMENTS DID NOT REPORT A LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48. | |
| FORM 990, PART VI, SECTION A, LINE 6 | THE LAHEY HOSPITAL AND MEDICAL CENTER CONSISTS OF THREE NON-PROFIT CORPORATIONS, LAHEY CLINIC HOSPITAL, INC. (EIN # 04-2704686), LAHEY CLINIC, INC. (EIN # 04-2704683), LAHEY CLINIC FOUNDATION, INC. (EIN # 04-2323457) ALL THREE OF THE CORPORATIONS ARE TAX EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C) (3). LAHEY CLINIC FOUNDATION, INC. IS THE SOLE CORPORATE MEMBER OF EACH OF THE OTHER TWO CORPORATIONS. THE BOARD OF TRUSTEES (GOVERNING BODY) AND CORPORATE OFFICERS OF THE THREE CORPORATIONS CONSIST OF THE EXACT SAME MEMBERS. EFFECTIVE MAY 1, 2012, LAHEY CLINIC FOUNDATION, INC. AND NORTHEAST HEALTH SYSTEM, INC. COMPLETED AN AFFILIATION WITH EACH OTHER AND ESTABLISHED A NEW ORGANIZATION, LAHEY HEALTH SYSTEM, INC. ("LHS"), TO SERVE AS THE PARENT OF THE COMBINED HEALTH SYSTEM. LHS IS NOW THE SOLE CORPORATE MEMBER OF LAHEY CLINIC FOUNDATION, INC. AND NORTHEAST HEALTH SYSTEM,INC. THE SOLE CORPORATE MEMBER OF THE REPORTING ORGANIZATION IS LAHEY CLINIC FOUNDATION, INC. THE REPORTING ORGANIZATION'S MEMBER HAS, WITH RESPECT TO THE REPORTING ORGANIZATION, THE RIGHT TO EXERCISE ALL POWERS CONFERRED ON MEMBERS OF NON-PROFIT CORPORATIONS UNDER MASSACHUSETTS GENERAL LAWS CHAPTER 180, INCLUDING, WITHOUT LIMITATION, POWERS WITH RESPECT TO THE FOLLOWING: (A) APPOINTMENT AND REMOVAL OF MEMBERS OF THE BOARD OF TRUSTEES (SUBJECT TO CERTAIN TRANSITION RULES IN PLACE THROUGH MAY 1, 2016); (B) AMENDMENT OF THE ARTICLES OF ORGANIZATION; (C) AMENDMENT OF THE BY-LAWS; (D) THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; AND (E) THE MERGER OR CONSOLIDATION OF THE CORPORATION WITH ANOTHER CORPORATION. ADDITIONALLY, THE RIGHT OF THE REPORTING ORGANIZATION'S MEMBER, LAHEY CLINIC FOUNDATION, INC., TO EXERCISE ITS AUTHORITY AS A MEMBER OF THE REPORTING ORGANIZATION IS SUBJECT TO THE APPROVAL OF LCF'S CORPORATE MEMBER, LHS, WHICH MAY ALSO EXERCISE SUCH POWERS DIRECTLY. THE ARTICLES OF INCORPORATION OF THE REPORTING ORGANIZATION WERE AMENDED MAY 1, 2012 AND THE BY-LAWS WERE AMENDED ON SEPTEMBER 21, 2012 TO REFLECT THE AFOREMENTIONED CHANGES. | |
| FORM 990, PART VI, SECTION A, LINE 7A | PLEASE SEE PREVIOUS DISCLOSURE FOR FORM 990, PART VI, SECTION A, LINE 6 | |
| FORM 990, PART VI, SECTION A, LINE 7B | PLEASE SEE PREVIOUS DISCLOSURE FOR FORM 990, PART VI, SECTION A, LINE 6 | |
| FORM 990, PART VI, SECTION B, LINE 11 | MANAGEMENT PREPARED THE IRS FORM 990 ALONG WITH INDEPENDENT TAX CONSULTANTS WHO SIGN THE RETURN AS A PAID PREPARER. EXECUTIVE MANAGEMENT REVIEWED AND PRESENTED A DRAFT OF THE IRS FORM 990 TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE LAHEY HEALTH SYSTEM, INC. BOARD OF TRUSTEES. PRIOR TO THE FILING DATE, A DRAFT OF THE IRS FORM 990 AND THE FINAL IRS FORM 990 WERE BOTH PROVIDED TO THE ENTIRE BOARD OF TRUSTEES BEFORE THE FILING DATE VIA A SECURED WEBSITE. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL OFFICERS, TRUSTEES, KEY EMPLOYEES, PHYSICIANS AND MANAGEMENT EMPLOYEES AT ALL LEVELS, ARE REQUIRED TO FILL OUT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE FORM. THE LAHEY HOSPITAL AND MEDICAL CENTER'S CORPORATE COMPLIANCE DEPARTMENT MONITORS AND REVIEWS EACH DISCLOSURE FOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. THE CORPORATE COMPLIANCE DEPARTMENT MONITORS CONFLICTS OF INTEREST THROUGH DISCLOSURE SOFTWARE, TRAINING, AND INDIVIDUAL REVIEWS WITH PHYSICIANS, KEY EMPLOYEES, AND MANAGERS. DEPENDING ON THE CONFLICT OF INTEREST: A PERSON COULD BE ASKED TO NOT PARTICIPATE IN DECISIONS MADE ON BEHALF OF THE LAHEY HOSPITAL AND MEDICAL CENTER; A PERSON MAY BE TOLD THEY CANNOT BE A PRINCIPAL INVESTIGATOR ON A RESEARCH STUDY; A PERSON MAY BE TOLD THAT THEY CANNOT PERFORM THE TASK THAT CREATES THE CONFLICT; A PERSON COULD BE ASKED TO REMOVE THEMSELVES FROM A COMMITTEE. | |
| FORM 990, PART VI, SECTION B, LINE 15 | INDEPENDENT MEMBERS OF THE BOARD OF TRUSTEES COMPRISE THE COMPENSATION COMMITTEE. THE COMMITTEE SETS THE COMPENSATION AND BENEFITS FOR THE CEO AND ALSO REVIEWS AND APPROVES RECOMMENDATIONS FOR THE COMPENSATION AND BENEFITS FOR DISQUALIFIED INDIVIDUALS AND OTHERS. THE COMMITTEE SEEKS THE ADVICE OF EXTERNAL COMPENSATION CONSULTANTS. COMPARABILITY DATA IS PROVIDED, ANALYZED, AND DOCUMENTED BY THE EXTERNAL CONSULTANTS. THE LAHEY VICE PRESIDENT OF HUMAN RESOURCE OPERATIONS PROVIDES THE COMMITTEE WITH ANY REQUESTED INFORMATION. THE COMMITTEE MET SEVERAL TIMES THIS YEAR. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND OTHER COMPLIANCE POLICIES ARE MADE AVAILABLE TO THE PUBLIC VIA THE ORGANIZATION'S WEBSITE. IN ADDITION, THE ORGANIZATION PRESENTS FINANCIAL INFORMATION TO THE PUBLIC AS AN ATTACHMENT TO ITS MASSACHUSETTS OFFICE OF THE ATTORNEY GENERAL FORM PC. | |
| FORM 990, PART VII | THE COMPENSATION FOR THE TRUSTEES AND OFFICERS OF LAHEY CLINIC FOUNDATION, INC. LISTED IN FORM 990, PART VII, COLUMN E IS FOR EMPLOYEES OF LAHEY CLINIC FOUNDATION, INC., LAHEY CLINIC, INC. AND NORTHEAST HOSPITAL CORPORATION. ALL COMPENSATION PAID IS FOR WORK IN THEIR CAPACITIES OTHER THAN AS TRUSTEES. | COMPENSATION |
| FORM 990, PART XI, LINE 9: | UNRESTRICTED CONTRIBUTIONS 4,559,051. ASSETS RELEASED FROM TIME RESTRICTIONS 737,679. ASSETS RELEASED FROM RESTRICTIONS 1,925,648. PENSION AND POST RETIREMENT RELATED CHANGES 1,013,805. GRANTS AND CONTRIBUTIONS -4,626,570. CHANGES IN TEMPORARY AND PERMANENT NET ASSETS 4,990,083. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 256,008. REDESIGNATION OF GIFTS 70,001. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART IV, LINE 4 | LAHEY CLINIC HOSPITAL, INC., A RELATED ORGANIZATION, IS IN CONTACT WITH FEDERAL AND STATE LEGISLATORS REGARDING HEALTH CARE REFORM ISSUES THAT WOULD POTENTIALLY HAVE AN IMPACT ON THE ORGANIZATION AND ITS RELATED ORGANIZATIONS. | |
| FORM 990, PART VI, SECTION A, LINES 6, 7A & 7B | EFFECTIVE MAY 1, 2012, LAHEY CLINIC FOUNDATION, INC. AND NORTHEAST HEALTH SYSTEM, INC. COMPLETED AN AFFILIATION WITH EACH OTHER AND ESTABLISHED A NEW ORGANIZATION, LAHEY HEALTH SYSTEM, INC. ("LHS"), TO SERVE AS THE PARENT OF THE COMBINED HEALTH SYSTEM. LHS IS NOW THE SOLE CORPORATE MEMBER OF LAHEY CLINIC FOUNDATION, INC. AND NORTHEAST HEALTH SYSTEM, INC. LAHEY HEALTH SYSTEM, INC. HAS, WITH RESPECT TO THE REPORTING ORGANIZATION, THE RIGHT TO EXERCISE ALL POWERS CONFERRED ON MEMBERS OF NON-PROFIT CORPORATIONS UNDER MASSACHUSETTS GENERAL LAWS CHAPTER 180, INCLUDING, WITHOUT LIMITATION, POWERS WITH RESPECT TO THE FOLLOWING: (A) APPOINTMENT AND REMOVAL OF MEMBERS OF THE BOARD OF TRUSTEES (SUBJECT TO CERTAIN TRANSITION RULES IN PLACE THROUGH MAY 1, 2016); (B) AMENDMENT OF THE ARTICLES OF ORGANIZATION; (C) AMENDMENT OF THE BY-LAWS; (D) THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; AND (E) THE MERGER OR CONSOLIDATION OF THE CORPORATION WITH ANOTHER CORPORATION. THE ARTICLES OF INCORPORATION OF THE REPORTING ORGANIZATION WERE AMENDED MAY 1, 2012 AND THE BY-LAWS WERE AMENDED ON SEPTEMBER 21, 2012 TO REFLECT THE AFOREMENTIONED CHANGES. | |
| FORM 990, PART VI, SECTION B, LINE 14 | LAHEY HOSPITAL & MEDICAL CENTER HAS WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY KNOWN AS THE "RETENTION OF ADMINISTRATIVE AND CLINICAL DOCUMENTS". THE POLICIES, PROCEDURES, AND STANDARDS ARE MONITORED, MANAGED, AND REVISED BY THE RECORDS MANAGEMENT STEERING COMMITTEE. THE REVISED "RETENTION OF ADMINISTRATIVE AND CLINICAL DOCUMENTS" POLICY WAS APPROVED BY THE MEDICAL PRACTICE AND UTILIZATION COMMITTEE ON JULY 26, 2012. | |
| FORM 990, PART VI, SECTION B, LINE 16B | THE ORGANIZATION NEGOTIATES ARRANGEMENTS TO INCLUDE TERMS AND SAFEGUARDS TO ENSURE THAT THE ORGANIZATION'S EXEMPT STATUS IS PROTECTED. FROM A LEGAL PERSPECTIVE, IN-HOUSE LEGAL COUNSEL, WITH THE INPUT OF EXTERNAL LEGAL COUNSEL, REVIEWS ALL PROPOSED JOINT VENTURE AND PARTNERSHIP AGREEMENTS. FROM A FINANCIAL PERSPECTIVE, LAHEY'S FINANCE MANAGEMENT TEAM REVIEWS ALL PROPOSED JOINT VENTURE AND PARTNERSHIP AGREEMENTS. BOTH REVIEWS TAKE PLACE BEFORE LAHEY HOSPITAL & MEDICAL CENTER ENTERS INTO ANY SUCH AGREEMENTS. | |
| FORM 990, PART VII | LAHEY CLINIC FOUNDATION, INC. AND ITS RELATED ORGANIZATIONS DO NOT COMPENSATE ANY TRUSTEE IN THEIR CAPACITY AS A TRUSTEE. ALL COMPENSATION PAID IS FOR WORK PERFORMED IN THE EMPLOYEE'S JOB TITLE, WHICH IS LISTED ON FORM 990, PART VII DIRECTLY FOLLOWING THE TITLE OF "TRUSTEE". | |
| FORM 990, PART VII; PART IX, LINE 5; SCHEDULE J | COMPENSATION, BENEFIT AND PENSION EXPENSES FOR OFFICERS, TRUSTEES AND KEY EMPLOYEES, OF LAHEY CLINIC FOUNDATION, INC. ARE PAID BY LAHEY CLINIC FOUNDATION, INC. AS THE PARENT COMPANY OF LAHEY CLINIC HOSPITAL, INC., AND LAHEY CLINIC, INC., LAHEY CLINIC FOUNDATION, INC. ALLOCATES A SIGNIFICANT PORTION OF THE AFOREMENTIONED EXPENSES TO ITS AFFILIATES. THE AFFILIATES THEN REIMBURSE LAHEY CLINIC FOUNDATION, INC. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (13 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LAHEY CLINICAL HOSPITAL INC | |||||||||||
| 41 MALL ROAD | BURLINGTON | MA | 01805 | 042704686 | HEALTHCARE | MA | 501(C) (3) | 3 | LCF INC | 1 | |
| LAHEY CLINIC INC | |||||||||||
| 41 MALL ROAD | BURLINGTON | MA | 01805 | 042704683 | HEALTHCARE | MA | 501(C) (3) | 9 | LCF INC | 1 | |
| LAHEY HEALTH SHARED SERVICES INC | |||||||||||
| 41 MALL ROAD | BURLINGTON | MA | 01805 | 043178972 | ADMINISTRATIVE SUPPORT TO LHS AND AFFILIATES | MA | 501(C) (3) | 9 | LHS INC | 1 | |
| NORTHEAST HEALTH SYSTEM INC | |||||||||||
| 85 HERRICK STREET | BEVERLY | MA | 01915 | 043240453 | SUPPORT | MA | 501(C) (3) | 11C | LHS INC | 0 | |
| NORTHEAST BEHAVIORAL HEALTH CORPORATION | |||||||||||
| ZERO CENTENNIAL DRIVE | PEABODY | MA | 01960 | 042777145 | BEHAVIORAL HEALTH CARE | MA | 501(C) (3) | 7 | NEHS INC | 0 | |
| HEALTH AND EDUCATION HOUSING SERVICES INC | |||||||||||
| 131 RANTOUL STREET | BEVERLY | MA | 01915 | 223232914 | HUD HOUSING | MA | 501(C) (3) | 9 | NEBH CORP | 0 | |
| NORTHEAST HOSPITAL CORPORATION | |||||||||||
| 85 HERRICK STREET | BEVERLY | MA | 01915 | 042121317 | HEALTHCARE | MA | 501(C) (3) | 3 | NEHS INC | 0 | |
| NORTHEAST MEDICAL PRACTICES INC | |||||||||||
| 85 HERRICK STREET | BEVERLY | MA | 01915 | 043201853 | HEALTHCARE | MA | 501(C) (3) | 9 | NEH CORP | 0 | |
| SEACOAST NURSING & REHABILITATION CENTER | |||||||||||
| 300 WASHINGTON STREET | GLOUCESTER | MA | 01930 | 041305001 | HEALTHCARE | MA | 501(C) (3) | 9 | NEHS INC | 0 | |
| NORTHEAST PROFESSIONAL REGISTRY OF NURSES | |||||||||||
| 800 CUMMINGS CENTER | BEVERLY | MA | 01915 | 201287349 | HEALTHCARE | MA | 501(C) (3) | 9 | NESH CORP | 0 | |
| NORTHEAST SENIOR HEALTH CORPORATION | |||||||||||
| 131 RANTOUL STREET | BEVERLY | MA | 01915 | 042731137 | HEALTHCARE | MA | 501(C) (3) | 9 | NEHS INC | 0 | |
| CAB HEALTH & RECOVERY | |||||||||||
| 111 MIDDLETON ROAD | DANVERS | MA | 01923 | 042400270 | SUBSTANCE ABUSE | MA | 501(C) (3) | 9 | NEBH CORP | 0 | |
| LAHEY HEALTH SYSTEM INC | |||||||||||
| 41 MALL ROAD | BURLINGTON | MA | 01805 | 611665701 | SUPPORT | MA | 501(C) (3) | 11C III-FI | 0 | N/A | |
Form990 Schedule R Part IV Form990ScheduleRPartIV (6 entries)
| Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | CountryAddressForeign/Country | Primary ActivityPrimaryActivity | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Controlled OrgControlledOrg | Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Legal Domicile StateLegalDomicileState | Share Of Total IncomeShareOfTotalIncome | EINEIN | Postal CodeAddressForeign/PostalCode |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAHEY CLINIC INSURANCE CO LTD | |||||||||||||||||
| PO BOX HM 2450 | HAMILTON | BD | INSURANCE | BD | LHS INC | C | 65876208 | 1.00000 | 0 | ||||||||
| PERPETUAL TRUSTS (7) | |||||||||||||||||
| SUPPORT | SEE PART VII | T | 13959588 | 1.00000 | 0 | 41 MALL ROAD | BURLINGTON | MA | 01805 | MA | 566574 | ||||||
| REMAINDER TRUSTS (17) | |||||||||||||||||
| SUPPORT | SEE PART VII | T | 16051847 | 1.00000 | 0 | 41 MALL ROAD | BURLINGTON | MA | 01805 | MA | 588395 | ||||||
| POOLED INCOME FUNDS (4) | |||||||||||||||||
| SUPPORT | SEE PART VII | T | 11367452 | 1.00000 | 0 | 41 MALL ROAD | BURLINGTON | MA | 01805 | MA | 764918 | ||||||
| NORTHEAST PROPRIETARY CORPORATION | |||||||||||||||||
| MEDICAL SERVICES | NEHS INC | C | 0 | 85 HERRICK STREET | BEVERLY | MA | 01915 | MA | 042855191 | ||||||||
| NORTHEAST MASSACHUSETTS INDEMNITY CO LTD | |||||||||||||||||
| GOVERNORS SQ 23 LIME TREE BAY AVE | GRAND CAYMAN | CJ | INSURANCE | CJ | NHS INC | C | 0 | 980440187 | KY1-1102 | ||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 1 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| LAHEY CLINIC INC | ||
| N | 176421148 | FMV |
| LAHEY CLINIC HOSPITAL INC | ||
| N | -294226333 | FMV |
Form990 Schedule R Part VII Form990ScheduleRPartVII (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, SCHEDULE R, PART IV, LINE 2 | LAHEY CLINIC FOUNDATION INC. AND NORTHEAST HOSPITAL CORPORATION, RESPECTIVELY, HAVE FOUR AND THREE PERPETUAL TRUSTS. THE PERPETUAL TRUSTS ARE DOMICILED IN MASSACHUSETTS AND PENNSYLVANIA. |
| FORM 990, SCHEDULE R, PART IV, LINE 3 | LAHEY CLINIC FOUNDATION, INC. HAS SEVENTEEN REMAINDER TRUSTS. THE REMAINDER TRUSTS ARE DOMICILED IN MASSACHUSETTS AND NEW HAMPSHIRE. |
| FORM 990, SCHEDULE R, PART IV, LINE 4 | LAHEY CLINIC FOUNDATION, INC. AND NORTHEAST HOSPITAL CORPORATION, RESPECTIVELY, HAVE THREE AND ONE POOLED INCOME FUNDS. |
| FORM 990, SCHEDULE R, PART V, LINE L | IN ADDITION TO CONDUCTING FUNDRAISING AND SOLICIATION EFFORTS ON ITS OWN BEHALF, LAHEY CLINIC FOUNDATION, INC. ALSO CONDUCTS FUNDRAISING AND SOLICITATION EFFORTS ON BEHALF OF LAHEY CLINIC HOSPITAL, INC. AND LAHEY CLINIC, INC. |
| FORM 990, SCHEDULE R, PART V, LINE M | IN ADDITION TO CONDUCTING FUNDRAISING AND SOLICITATION EFFORTS ON THEIR OWN BEHALF, LAHEY CLINIC HOSPITAL, INC. AND LAHEY CLINIC, INC. CONDUCT FUNDRAISING AND SOLICITATION EFFORTS ON BEHALF OF LAHEY CLINIC FOUNDATION, INC. |
| FORM 990, SCHEDULE R, PART V, LINE N | ALL ENTITIES WITHIN THE LAHEY HEALTH SYSTEM, INC. SHARE FACILITIES, EQUIPMENT, MAILING LISTS, AND OTHER ASSETS. FOR A LIST OF ALL ENTITIES SEE SCHEDULE R. |
| FORM 990, SCHEDULE R, PART V, LINE O-S | LAHEY HEALTH SYSTEM, INC. AND ITS RELATED ORGANIZATIONS, LAHEY CLINIC FOUNDATION, INC. AND ITS RELATED ORGANIZATIONS, AND NORTHEAST HEALTH SYSTEM, INC. AND ITS RELATED ORGANIZATIONS, PROVIDE VARIOUS CORPORATE AND OTHER SERVICES TO EACH OTHER. THESE ORGANIZATIONS REIMBURSE ONE ANOTHER FOR EXPENSES INCURRED SUCH AS EMPLOYEE SALARIES, MATERIALS, SUPPLIES, UTILITIES, ETC. CASH IS ALSO TRANSFERRED BETWEEN THE THREE CORPORATIONS. |