UMASS MEMORIAL HEALTH CARE INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- UMASS MEMORIAL HEALTH CARE INC (EIN 04-3358566)
- Tax period
- 2010-10-01 to 2011-09-30
- Filed
- 2012-08-06
- IRS object ID
- 201202199349301115
- Schema version
- 2010v3.4
- 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 C
- Schedule D
- Schedule G
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-06T14:44:10-05:00 | Timestamp |
| Tax Period End Date | 2011-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
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 | 2010-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043358566 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UMASS MEMORIAL HEALTH CARE INC (PARENT) | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UMAS | NameControl |
| Phone | 5088568537 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 328 SHREWSBURY STREET | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01604 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TODD A KEATING | Name |
| Title | CFO/TREASURER | Title |
| Phone | 5088568537 | Phone |
| Date Signed | 2012-07-06 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ALAN GAROFALO | Name |
| Phone | 6177427788 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | TODD A KEATING | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 328 SHREWSBURY STREET | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01604 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 268929341 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 3642 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.UMASSMEMORIAL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1998 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | UMASS MEMORIAL HEALTH CARE, INC. IS COMMITTED TO IMPROVING THE HEALTH OF THE PEOPLE OF CENTRAL NEW ENGLAND THROUGH EXCELLENCE IN CLINICAL CARE, SERVICES, TEACHING AND RESEARCH. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 16 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 11561 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5738029 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6025631 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 173653454 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 180835966 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2295316 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7438354 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 2271526 | OtherRevenuePriorYear |
| Other Revenue Current Year | 1903970 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 183958325 | TotalRevenuePriorYear |
| Total Revenue Current Year | 196203921 | 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 | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 2082186 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 1602995 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 1602995 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 189310456 | OtherExpensePriorYear |
| Other Expenses Current Year | 200322218 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 191392642 | TotalExpensesPriorYear |
| Total Expenses Current Year | 201925213 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -7434317 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -5721292 | RevenuesLessExpensesCY |
| Total Assets BOY | 176528556 | TotalAssetsBOY |
| Total Assets EOY | 182508694 | TotalAssetsEOY |
| Total Liabilities BOY | 59398738 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 65099642 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 117129818 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 117409052 | NetAssetsOrFundBalancesEOY |
| Mission Description | UMASS MEMORIAL HEALTH CARE, INC. IS COMMITTED TO IMPROVING THE HEALTH OF THE PEOPLE OF CENTRAL NEW ENGLAND THROUGH EXCELLENCE IN CLINICAL CARE, SERVICES, TEACHING AND RESEARCH. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 141229680 | Expense |
| Revenue | 181476651 | Revenue |
| Description | TO SUPPORT THE ADVANCEMENT OF THE KNOWLEDGE, EDUCATION, AND RESEARCH AND THE PRACTICE OF HEALTH CARE RELATED SERVICES THROUGH THE OVERSIGHT OF UMASS MEMORIAL HEALTH CARE OPERATIONS AND THE EFFICIENT DELIVERY OF SUPPORT SERVICES. | Description |
| Total Program Service Expense | 141229680 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | 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 | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 1 | ProfessionalFundraising |
| Fundraising Activities | 1 | 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 | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 1 | 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 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CJ | 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 | 16 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | 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 | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TODD A KEATING | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 5088565098 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 328 SHREWSBURY STREET | AddressLine1 |
| City | WORCESTER | City |
| State | MA | State |
| ZIP Code | 01604 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (40 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| ARONSON MICHAEL P MD | ||||||||
| DIRECTOR, UNTIL 6/2011 | 25.00 | X | 0 | 48299 | 13705 | |||
| O'BRIEN JOHN G | ||||||||
| PRESIDENT, CEO & DIRECTOR | 40.00 | X | 0 | 1340405 | 997518 | X | ||
| OKIKE O NSIDINANYA MD | ||||||||
| DIRECTOR | 40.00 | X | 0 | 361231 | 55729 | |||
| BENNETT DAVID L | ||||||||
| CHAIRPERSON | 1.00 | X | 0 | 0 | 0 | |||
| BERKEY DENNIS D | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BERRY SARAH G | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BUDD JOHN H | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| COLLINS MICHAEL MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| CORNELL LOIS D | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| D'ALELIO EDWARD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| DAVIS DIX F | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| FLOTTE TERENCE MD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| JACOBSON M HOWARD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| LENHARDT STEPHEN W SR | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MACNEILL HARRIS L | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MCMULLEN CYNTHIA M EDD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| MCNAMARA MARY ELLEN | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| PARRY EDWARD J III | ||||||||
| VICE CHAIRPERSON | 1.00 | X | 0 | 0 | 0 | |||
| PEDERSON THORU | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| SEYMOUR-ROUTE PAULETTE PHD | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| SIMMONS IRINA | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| WILSON JACK | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| YOUNG LYNDA M | ||||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |||
| BROWN DOUGLAS S | ||||||||
| SECRETARY | 40.00 | 0 | 501307 | 135994 | X | |||
| KEATING TODD A | ||||||||
| TREASURER & CFO | 40.00 | 0 | 617471 | 199171 | X | |||
| BLUTE MICHAEL | ||||||||
| DIRECTOR, CANCER CENTER OF EXCELLENCE | 40.00 | 0 | 524834 | 75444 | X | |||
| BRENCKLE GEORGE PHD | ||||||||
| SR. VP, CHIEF INFORMATION OFFICER | 40.00 | 0 | 383725 | 119808 | X | |||
| DALEY JENNIFER MD | ||||||||
| EXECUTIVE VP, CHIEF OPERATING OFFICER | 40.00 | 0 | 424921 | 59872 | X | |||
| DIAMOND VICTORIA | ||||||||
| SR. VP, OPERATIONS | 40.00 | 0 | 321806 | 121220 | X | |||
| ETTINGER WALTER H MD | ||||||||
| PRESIDENT - MEDICAL CENTER | 40.00 | 0 | 920700 | 299452 | X | |||
| FISHER BARBARA | ||||||||
| SR. VP, OPERATIONS | 40.00 | 0 | 317118 | 105356 | X | |||
| HYLKA SHARON | ||||||||
| SR. VP, HOSPITAL ADMIN. | 40.00 | 0 | 392709 | 241101 | X | |||
| KLUGMAN ROBERT MD | ||||||||
| CHIEF QUALITY OFFICER | 40.00 | 0 | 502672 | 242845 | X | |||
| KRUGER NANCY | ||||||||
| SR. VP, CHIEF NURSING OFFICER | 40.00 | 0 | 419715 | 68373 | X | |||
| PHILLIPS ROBERT A | ||||||||
| MED DIR, HEART & VASCULAR COE | 40.00 | 0 | 799751 | 238506 | X | |||
| RANDOLPH JOHN T | ||||||||
| VP, CHIEF COMPLIANCE OFFICER | 40.00 | 0 | 234335 | 138086 | X | |||
| WEBB PATRICIA | ||||||||
| SR. VP, CHIEF HR OFFICER, UNTIL 1/2/11 | 40.00 | 0 | 417377 | 113889 | X | |||
| ANDERSON MILTON C | ||||||||
| SR. VP, CHIEF OF HR OFFICER | 40.00 | 0 | 0 | 0 | X | |||
| FAIRCHILD DAVID MD | ||||||||
| SR. VP, CLINICAL INTEGRATION | 40.00 | 0 | 0 | 0 | X | |||
| WARRING WENDY | ||||||||
| FORMER EXECUTIVE VICE PRESIDENT, UNTIL 9/1/06 | 0.00 | 0 | 117663 | 0 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 8646039 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 3226069 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 1 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| ACS CORPORATE HEADQUARTERS | |||||
| 2828 NORTH HASKELL | DALLAS | TX | 75204 | I/S MANAGEMENT SERVICES | 19865046 |
| UNIVERSAL HOSPITAL SERVICES INC | |||||
| PO BOX 86 | MINNEAPOLIS | MN | 554860940 | MANAGE/SERVICE EQUIPMENT | 2965496 |
| NUANCE TRANSCRIPTION SERVICES | |||||
| PO BOX 7247-7343 | PHILADELPHIA | PA | 19170 | TRANSCRIPTION SERVICES | 1174573 |
| MIRICK O'CONNELL | |||||
| 100 FRONT STREET | WORCESTER | MA | 01608 | LEGAL SERVICES | 1119473 |
| LITTLER MENDELSON | |||||
| PO BOX 45547 | SAN FRANCISCO | CA | 94145 | LEGAL SERVICES | 624971 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 38 | NumberOfContractorsGT100K |
| Fundraising Events | 358744 | FundraisingEvents |
| Government Grants | 214641 | GovernmentGrants |
| All Other Contributions | 5452246 | AllOtherContributions |
| Noncash Contributions | 10238 | NoncashContributions |
| Total Contributions | 6025631 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SYSTEM ALLOCATION REVE | 561000 | 142966270 | 142966270 |
| AFF. CONT. INCOME-PROF | 561000 | 26046773 | 26046773 |
| AFF. CONT. INCOME-WKRS | 561000 | 6990939 | 6990939 |
| AFF. CONT. INCOME-GENE | 561000 | 2426920 | 2426920 |
| AFFILIATE ADMIN INCOME | 561000 | 1311071 | 1311071 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1093993 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1093993 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 180835966 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 4335534 | TotalRevenueColumn |
| Unrelated Business Revenue | 11561 | UnrelatedBusinessRevenue |
| Exclusion | $4,323,973 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 67524 | TotalRevenueColumn |
| Exclusion | $67,524 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 75665135 | Securities |
| Other | 4137 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 72566452 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3098683 | Securities |
| Other | 4137 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3102820 | TotalRevenueColumn |
| Exclusion | $3,102,820 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 158968 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 358744 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 158968 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| SUBLEASE INCOME | 561000 | 1195761 | $1,195,761 | |
| MISCELLANEOUS INCOME | 561000 | 640685 | 640685 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1836446 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 196203921 | TotalRevenueColumn |
| Related Or Exempt Function Income | 181476651 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 11561 | UnrelatedBusinessRevenue |
| Exclusion | $8,690,078 | ExclusionAmount |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1037796 | Total |
| Management And General | 1037796 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 809503 | Total |
| Management And General | 809503 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1049873 | Total |
| Program Services | 1049873 | ProgramServices |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1602995 | Total |
| Fundraising | 1602995 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 371399 | Total |
| Management And General | 371399 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12967742 | Total |
| Program Services | 7002581 | ProgramServices |
| Management And General | 5965161 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 935164 | Total |
| Program Services | 935164 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 18528742 | Total |
| Program Services | 10005521 | ProgramServices |
| Management And General | 8523221 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34989150 | Total |
| Program Services | 34989150 | ProgramServices |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9868812 | Total |
| Program Services | 5329158 | ProgramServices |
| Management And General | 4539654 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 589723 | Total |
| Program Services | 589723 | ProgramServices |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 175595 | Total |
| Program Services | 94821 | ProgramServices |
| Management And General | 80774 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 98161 | Total |
| Program Services | 96198 | ProgramServices |
| Management And General | 1963 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 829 | Total |
| Program Services | 448 | ProgramServices |
| Management And General | 381 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30682540 | Total |
| Program Services | 30682540 | ProgramServices |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| SYSTEM OVERHEAD ACTIVIT | 69464698 | 37510937 | 31953761 |
| PURCHASED SERVICES | 14743256 | 10268223 | 4475033 |
| PROFESSIONAL SERVICES | 2467110 | 1332239 | 1134871 |
| PROGRAM EXPENDITURES | 729381 | 729381 | |
| ALL OTHER EXPENSES | 489299 | 342083 | 147216 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 323445 | Total |
| Program Services | 271640 | ProgramServices |
| Management And General | 51805 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 201925213 | Total |
| Program Services | 141229680 | ProgramServices |
| Management And General | 59092538 | ManagementAndGeneral |
| Fundraising | 1602995 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 665227 | BOY |
| EOY | 1496811 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3690134 | BOY |
| EOY | 11794092 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3125516 | BOY |
| EOY | 1836910 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 556248 | BOY |
| EOY | 379433 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4101990 | BOY |
| EOY | 4390281 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 93618 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 86573 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7873 | BOY |
| EOY | 7045 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 133022799 | BOY |
| EOY | 126648501 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28394760 | BOY |
| EOY | 33844271 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 120000 | BOY |
| EOY | 120000 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2844009 | BOY |
| EOY | 1991350 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176528556 | BOY |
| EOY | 182508694 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23948345 | BOY |
| EOY | 24902248 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 363739 | BOY |
| EOY | 400309 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35086654 | BOY |
| EOY | 39797085 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 59398738 | BOY |
| EOY | 65099642 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 60316393 | BOY |
| EOY | 65327640 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31959636 | BOY |
| EOY | 27069458 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24853789 | BOY |
| EOY | 25011954 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117129818 | BOY |
| EOY | 117409052 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176528556 | BOY |
| EOY | 182508694 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -5721292 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 6000526 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | X | SupportingOrganization509a3 |
| Supporting Org509a3 Type1 | X | SupportingOrg509a3Type1 |
| Certification Checkbox | X | CertificationCheckbox |
| Contrib By Controlling Individual | 0 | ContribByControllingIndividual |
| Contribution By Related Party | 0 | ContributionByRelatedParty |
| Contrib By35 Controlled Entity | 0 | ContribBy35ControlledEntity |
Supported Org Information SupportedOrgInformation
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UMASS MEMORIAL MEDICAL CENTER INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043358564 | EIN |
| Type Of Organization | 03 | TypeOfOrganization |
| Listed In Governing Doc | 1 | ListedInGoverningDoc |
| Supported Organization Notified | 1 | SupportedOrganizationNotified |
| Organized In US | 1 | OrganizedInUS |
| Amount | $0 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Supported Orgs | 1 | TotalNumberOfSupportedOrgs |
| Sum Of Amounts | 0 | SumOfAmounts |
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 C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 1 | RalliesDemonstrations |
| Rallies Demonstrations | $887,983 | RalliesDemonstrationsAmount |
| Other Activities | 1 | OtherActivities |
| Other Activities | $161,890 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 1049873 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | EXPLANATION OF OTHER LOBBYING ACTIVITIES: | Identifier |
| Return Reference | PART II-B, LINE 1I: | ReturnReference |
| Explanation | UMASS MEMORIAL HEALTH CARE, INC. PAYS DUES TO THESE RESPECTIVE ORGANIZATIONS, WHO IN TURN LOBBY ON BEHALF OF ITS MEMBERS. SOME PORTION OF DUES MAY BE UTILIZED FOR LOBBYING. | Explanation |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 36676864 | BeginningOfYearBalance |
| Contributions | 158165 | Contributions |
| Investment Earnings Or Losses | -936731 | InvestmentEarningsOrLosses |
| Other Expenditures | 1418342 | OtherExpenditures |
| End Of Year Balance | 34479956 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 34701644 | BeginningOfYearBalance |
| Contributions | 622721 | Contributions |
| Investment Earnings Or Losses | 1795326 | InvestmentEarningsOrLosses |
| Other Expenditures | 442827 | OtherExpenditures |
| End Of Year Balance | 36676864 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 34201797 | BeginningOfYearBalance |
| Contributions | 76330 | Contributions |
| Investment Earnings Or Losses | -5733 | InvestmentEarningsOrLosses |
| Other Expenditures | -429250 | OtherExpenditures |
| End Of Year Balance | 34701644 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 0.73000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.27000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2900 | OtherCostOrOtherBasis |
| Depreciation | 2900 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 90718 | OtherCostOrOtherBasis |
| Depreciation | 83673 | Depreciation |
| Book Value | 7045 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 7045 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (13 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| TIFF ABSOLUTE RETURN POOL CLASS A (SHARES 2,876) | 9856740 | F |
| GMO MULTI-STRATEGY FUND (OFFSHORE) LP (SHARES 5,566,419) | 5566419 | F |
| TIFF PRIVATE EQUITY PARTNERS 2006 (SHARES 1,184,209) | 1184209 | F |
| FRANK RUSSELL GLOBAL PRIVATE EQUITY FUND (SHARES 446,792) | 446792 | F |
| MPPLTD PORTFOLIO CLASS A (SHARES 2,265) | 208412 | F |
| AETOS CAPITAL LONG/SHORT STRATEGIES (SHARES 36,523) | 3427380 | F |
| AETOS CAPITAL DISTRESSED STRATEGIES (SHARES 12,201) | 1416409 | F |
| AETOS CAPITAL MULTI-STRATEGY ARBITRAGE (SHARES 12,351) | 1274285 | F |
| TIFF ABSOLUTE RETURN POOL CLASS C (SHARES 1,769) | 2818278 | F |
| MET WEST ENHANCED TALF STRATEGY FUND (SHARES 1,466,948) | 1466948 | F |
| INCOME RESEARCH AND MANAGEMENT (91,420) | 14628 | F |
| INCOME RESEARCH AND MANAGEMENT (189,696) | 36043 | F |
| BENEFICIAL INTEREST | 6127728 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 33844271 | TotalOfBookValueSecurities |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| O/S LOSS RESERVES | $30,515,992 |
| DUE TO RELATED PARTIES | $5,486,539 |
| ANNUITY PAYABLE | $726,373 |
| THIRD PARTY LIABILITES | $904,633 |
| CONTRIBUTION PAYABLE | $36,730 |
| DUE TO UNIVERSITY MEDICAL SCHOOL | $2,126,818 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 39797085 | TotalOfAmounts |
| Total Revenue | 196203921 | TotalRevenue |
| Total Expenses | 201925213 | TotalExpenses |
| Excess Or Deficit For Year | -5721292 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -8717732 | NetUnrealizedGLOnInvestments |
| Other | $14,718,258 | OtherAmount |
| Total Adjustments | 6000526 | TotalAdjustments |
| Excess Or Deficit Per FS | 279234 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 185624692 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | -5481522 | NetUnrealizedGainsInvestments |
| Other Revenues | 1286297 | OtherRevenues |
| Revenue Not Rptd F990 | -4195225 | RevenueNotRptdF990 |
| Revenue Subtotal | 189819917 | RevenueSubtotal |
| Investment Expenses Not Included | 371399 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 6012605 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 6384004 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 196203921 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 201170235 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | -383557 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | -383557 | ExpensesNotRptdF990 |
| Expenses Subtotal | 201553792 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 371399 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 22 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 371421 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 201925213 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | UMASS MEMORIAL'S ENDOWMENT CONSISTS OF APPROXIMATELY 160 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR IMPOSED RESTRICTIONS. UMASS MEMORIAL HAS INTERPRETED UPMIFA AS REQUIRING THE PRESERVATION OF THE ORIGINAL GIFT AS OF THE GIFT DATE OF THE DONOR-RESTRICTED ENDOWMENT FUNDS ABSENT EXPLICIT DONOR STIPULATIONS TO THE CONTRARY. AS A RESULT, UMASS MEMORIAL CLASSIFIES AS PERMANENTLY RESTRICTED NET ASSETS, (A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT, (B) THE ORIGINAL VALUE OF SUBSEQUENT GIFTS TO THE PERMANENT ENDOWMENT, AND (C) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENTLY RESTRICTED NET ASSETS IS CLASSIFIED AS TEMPORARILY RESTRICTED NET ASSETS UNTIL THOSE AMOUNTS ARE APPROPRIATED FOR EXPENDITURE BY UMASS MEMORIAL IN A MANNER CONSISTENT WITH THE STANDARD OF PRUDENCE BY UPMIFA. IN ACCORDANCE WITH UPMIFA, UMASS MEMORIAL CONSIDERS THE FOLLOWING FACTORS IN MAKING A DETERMINATION TO APPROPRIATE OR ACCUMULATED ENDOWMENT FUNDS: THE DURATION AND PRESERVATION OF THE FUND THE PURPOSES OF UMASS MEMORIAL AND THE DONOR RESTRICTED ENDOWMENT FUND GENERAL ECONOMIC CONDITIONS THE POSSIBLE EFFECT OF INFLATION AND DEFLATION THE EXPECTED TOTAL RETURN FROM INCOME AND THE APPRECIATION OF INVESTMENTS OTHER RESOURCES OF THE ORGANIZATION THE INVESTMENT POLICIES OF THE ORGANIZATION |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | UMASS MEMORIAL FOLLOWS A TWO-STEP APPROACH FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE SUBSTANTIAL MAJORITY OF UMASS MEMORIAL AND ITS AFFILIATE ENTITIES ARE RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS TAX-EXEMPT UNDER SECTION 501 (C) (3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THESE ENTITIES WILL NOT INCUR ANY LIABILITY FOR FEDERAL INCOME TAXES EXCEPT FOR TAX ON UNRELATED BUSINESS INCOME. CERTAIN AFFILIATES ARE TAXABLE ENTITIES. THE MEASUREMENT OF THE AMOUNTS RECORDED AS A PROVISION FOR INCOME TAXES BASED UPON THE AFOREMENTIONED APPROACH IS NOT MATERIAL AND IS RECORDED AS SUPPLIES AND OTHER EXPENSE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS OF OPERATIONS. UMASS MEMORIAL DOES NOT BELIEVE IT HAS TAKEN ANY SIGNIFICANT UNCERTAIN TAX POSITIONS. |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 132,865. K-1 ACTIVITY FROM PARTNERSHIPS 22. MISCELLANEOUS 1. NET ASSETS RELEASED FROM RESTRICTIONS FOR OPERATIONS 1,751,586. TEMPORARY RESTRICTED FUND EXPENDITURES -9,392,861. TRANSFERS FROM RELATED PARTIES 22,226,645. | |
| PART XII, LINE 2D: $1,286,297 REVENUE RELATED TO COMMONWEALTH PROFESSIONAL ASSURANCE COMPANY, LTD A WHOLLY OWNED SUBSIDIARY PART XII, LINE 4B: $7,764,191 RESTRICTED REVENUE ($1,751,586) NET ASSETS RELEASED FROM RESTRICTIONS PART XIII, LINE 2D: ($383,557) EXPENSES RELATED TO COMMONWEALTH PROFESSIONAL ASSURANCE COMPANY, LTD A WHOLLY OWNED SUBSIDIARY PART XIII, LINE 4B: $22 K-1 ACTIVITY |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | 1 | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | UMASS MEMORIAL FOUNDATION INC | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 SOUTH STREET | AddressLine1 |
| City | SHREWSBURY | City |
| State | MA | State |
| ZIP Code | 01545 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | FUNDRAISING | Activity |
| Fundraiser Control Of Funds | 1 | FundraiserControlOfFunds |
| Gross Receipts | 5665576 | GrossReceipts |
| Amount Retained By Contractor | 1602995 | AmountRetainedByContractor |
| Net To Organization | 4062581 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 5665576 | TotalGrossReceipts |
| Total Retained By Contractors | 1602995 | TotalRetainedByContractors |
| Total Net To Organization | 4062581 | TotalNetToOrganization |
| Licensed States | MA | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | WINTER BALL | NameOfEvent1 |
| Gross Receipts Event1 | 277825 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 204994 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 72831 | GrossRevenueEvent1 |
| Other Direct Expenses Event1 | 72831 | OtherDirectExpensesEvent1 |
| Name Of Event2 | TEE UP FOR TOTS | NameOfEvent2 |
| Gross Receipts Event2 | 115280 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 77367 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 37913 | GrossRevenueEvent2 |
| Other Direct Expenses Event2 | 37913 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 2 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 124607 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 76383 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 48224 | GrossRevenueOtherEvents |
| Other Direct Expenses Other Events | 48224 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 517712 | GrossReceiptsTotal |
| Charitable Contributions Total | 358744 | CharitableContributionsTotal |
| Gross Revenue Total Events | 158968 | GrossRevenueTotalEvents |
| Other Direct Expenses Total Events | 158968 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 158968 | DirectExpenseSummaryEvents |
| Net Income Summary | 0 | NetIncomeSummary |
Form990 Schedule G Part IV Form990ScheduleGPartIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| EXPLANATION OF FUNDRAISING PAYMENTS | SCHEDULE G, PART I, LINE 2B, COLUMN (V) | UMASS MEMORIAL FOUNDATION, INC. IS IDENTIFIED AS THE ADMINISTRATOR OF THE PHILANTHROPIC ACTIVITIES OF THE REPORTING ENTITIES OF UMASS MEMORIAL HEALTH CARE, INC. THIS INCLUDES THE COORDINATION OF ALL CHARITABLE WORK AND THE MANAGEMENT OF OFFICE OPERATIONS TO SUPPORT FUNDRAISING INCLUDING THE FOLLOWING PROCEDURES: 1) ACTIVE DEVELOPMENT WORK 2) DONOR RELATIONS AND COMMUNICATIONS 3) SERVICES TO UMASS MEMORIAL STAFF 4) CONTRIBUTION REPORTS, DONOR RECORD FILES 5) TRANSFER OF CONTRIBUTIONS RECEIVED 6) EXPENDITURES OF CONTRIBUTIONS UMASS MEMORIAL HEALTH CARE, INC. PAYS UMASS MEMORIAL FOUNDATION, INC. ITS PRORATA SHARE OF OPERATING EXPENSES BASED ON THE SPLIT OF UMASS MEMORIAL CONTRIBUTION RECEIPTS VERSUS THE OVERALL TOTAL CONTRIBUTION RECEIPTS AS COLLECTED BY THE FOUNDATION. |
| PART II, COLUMN (C) OTHER EVENTS (2 EVENTS REPORTED) ARE: 1) STAR LIGHT STAR BRIGHT GALA 2) LINKS TO THE FUTURE GOLF TOURNAMENT |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | 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 | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (19 entries)
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| O'BRIEN JOHN G | |||||||||||||
| 0 | 922008 | 0 | 253219 | 0 | 165178 | 0 | 978472 | 0 | 19046 | 0 | 2337923 | 0 | 0 |
| OKIKE O NSIDINANYA MD | |||||||||||||
| 0 | 361231 | 0 | 0 | 0 | 0 | 0 | 41511 | 0 | 14218 | 0 | 416960 | 0 | 0 |
| BROWN DOUGLAS S | |||||||||||||
| 0 | 361656 | 0 | 104096 | 0 | 35555 | 0 | 114257 | 0 | 21737 | 0 | 637301 | 0 | 35555 |
| KEATING TODD A | |||||||||||||
| 0 | 462183 | 0 | 115874 | 0 | 39414 | 0 | 183185 | 0 | 15986 | 0 | 816642 | 0 | 38837 |
| BLUTE MICHAEL | |||||||||||||
| 0 | 466308 | 0 | 58526 | 0 | 0 | 0 | 48396 | 0 | 27048 | 0 | 600278 | 0 | 0 |
| BRENCKLE GEORGE PHD | |||||||||||||
| 0 | 290526 | 0 | 68755 | 0 | 24444 | 0 | 92534 | 0 | 27274 | 0 | 503533 | 0 | 24444 |
| DALEY JENNIFER MD | |||||||||||||
| 0 | 352559 | 0 | 72362 | 0 | 0 | 0 | 36875 | 0 | 22997 | 0 | 484793 | 0 | 0 |
| DIAMOND VICTORIA | |||||||||||||
| 0 | 253619 | 0 | 68187 | 0 | 0 | 0 | 94476 | 0 | 26744 | 0 | 443026 | 0 | 0 |
| ETTINGER WALTER H MD | |||||||||||||
| 0 | 688066 | 0 | 170899 | 0 | 61735 | 0 | 278909 | 0 | 20543 | 0 | 1220152 | 0 | 55209 |
| FISHER BARBARA | |||||||||||||
| 0 | 244955 | 0 | 55256 | 0 | 16907 | 0 | 85550 | 0 | 19806 | 0 | 422474 | 0 | 16907 |
| HYLKA SHARON | |||||||||||||
| 0 | 297093 | 0 | 74085 | 0 | 21531 | 0 | 220510 | 0 | 20591 | 0 | 633810 | 0 | 20954 |
| KLUGMAN ROBERT MD | |||||||||||||
| 0 | 380371 | 0 | 94454 | 0 | 27847 | 0 | 219854 | 0 | 22991 | 0 | 745517 | 0 | 27847 |
| KRUGER NANCY | |||||||||||||
| 0 | 287303 | 0 | 68570 | 0 | 63842 | 0 | 56732 | 0 | 11641 | 0 | 488088 | 0 | 0 |
| PHILLIPS ROBERT A | |||||||||||||
| 0 | 581622 | 0 | 163281 | 0 | 54848 | 0 | 210024 | 0 | 28482 | 0 | 1038257 | 0 | 54848 |
| RANDOLPH JOHN T | |||||||||||||
| 0 | 191944 | 0 | 42391 | 0 | 0 | 0 | 116014 | 0 | 22072 | 0 | 372421 | 0 | 0 |
| WEBB PATRICIA | |||||||||||||
| 0 | 311409 | 0 | 81091 | 0 | 24877 | 0 | 87608 | 0 | 26281 | 0 | 531266 | 0 | 24300 |
| ANDERSON MILTON C | |||||||||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| FAIRCHILD DAVID MD | |||||||||||||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| WARRING WENDY | |||||||||||||
| 0 | 0 | 0 | 0 | 0 | 117663 | 0 | 0 | 0 | 0 | 0 | 117663 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 1A | SPLIT DOLLAR GROSS UP CALCULATIONS TO JOHN O'BRIEN AND WALTER ETTINGER ARE TREATED AS TAXABLE COMPENSATION. | |
| PART I, LINE 4B | NAME OF PARTICIPANTS IN OR RECEIVING PAYMENT FROM A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TODD A. KEATING $38,837 JOHN G. O'BRIEN $0 DOUGLAS S. BROWN $35,555 WALTER H. ETTINGER, M.D. $55,209 NANCY KRUGER $0 GEORGE BRENCKLE, PH.D. $24,444 ROBERT PHILLIPS $54,848 PATRICIA WEBB $24,300 JOHN RANDOLPH $0 SHARON HYLKA $20,954 VICTORIA DIAMOND $0 ROBERT KLUGMAN $27,847 BARBARA FISHER $16,907 MICHAEL BLUTE, M.D. $0 JENNIFER DALEY, M.D. $0 | |
| PART III | MICHAEL P. ARONSON, M.D. RECEIVED $37,632 COMPENSATION FOR HIS SERVICES RELATED TO MEDICAL RESEARCH, EDUCATION OF MEDICAL STUDENTS AND RESIDENT TRAINING FROM AN UNRELATED ORGANIZATION. THE NAME OF THE UNRELATED ORGANIZATION IS UMASS MEDICAL SCHOOL. PART II - DISCLOSURES 1) JOHN O'BRIEN'S RETIREMENT AND OTHER DEFERRED COMPENSATION AMOUNT INCLUDES A CONTINGENT DEFERRED COMPENSATION ACCRUAL OF $928,633 WHICH REMAINS THE PROPERTY OF UMASS MEMORIAL UNTIL AND UNLESS THE TERMS OF THE DEFERRED AGREEMENT ARE FULFILLED. 2) THE ABOVE DIRECTORS RECEIVE NO COMPENSATION FOR THEIR ROLE AS DIRECTORS. ALL COMPENSATION RECEIVED RELATES TO THEIR POSITION AS A PHYSICIAN/ADMINISTRATOR. | SUPPLEMENTAL INFORMATION |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (7 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| ROBERT KLUGMAN MD | |||
| KEY EMPLOYEE | 15600 | RENTAL OF PROPERTY - INCOME | 0 |
| ROBERT KLUGMAN MD | |||
| KEY EMPLOYEE | 216967 | RENTAL OF PROPERTY - EXPENSE | 0 |
| WILLIAM F SULLIVAN SR | |||
| BOD - CMMIC, LABS, VENTURES, CRIR | 366837 | INDEPENDENT CONTRACTOR ARRANGEMENT | 0 |
| JOHN BUDD | |||
| BOD - PARENT, MED CTR, LABS, VENTURES, CRIR, CMMIC | 1067515 | INDEPENDENT CONTRACTOR ARRANGEMENT | 0 |
| LYNDA YOUNG MD | |||
| BOD - PARENT, MED CTR, MED GROUP | 18000 | INDEPENDENT CONTRACTOR ARRANGEMENT | 0 |
| SUSAN ETTINGER | |||
| CMG - FAMILY MEMBER OF WALTER ETTINGER, KEY EMPLOYEE | 25605 | EMPLOYMENT ARRANGEMENT | 0 |
| KATHLEEN HYLKA | |||
| UMM CAPITAL PLANNING - FAMILY MEMBER OF SHARON HYLKA, KEY EMPLOYEE | 90971 | EMPLOYMENT ARRANGEMENT | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 2 | UMMHC 2011 BUDD, JOHN (BOARD MEMEBER) HAS BUSINESS RELATIONSHIPS WITH PAUL D'ONFRO & ARTHUR BERGERON. BUDD, JOHN (BOARD MEMEBER) HAS BOARD RELATIONSHIP WITH HARVARD PILGRIM HEALTH CARE PHILLIPS, ROBERT (KEY EMPLOYEE) HAS A FAMILY RELATIONSHIP WITH JULIA ANDRIENI | |
| FORM 990, PART VI, SECTION A, LINE 6 | THERE ARE NO CLASSES OF DIRECTORS. THE VOTING RIGHTS OF THE UMASS MEMORIAL'S BOARD ARE ABSOLUTE. | |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MAJORITY OF ENTITIES IN THE CONSOLIDATED GROUP HAVE A SOLE MEMBER (WHICH IS ALSO WITHIN THE CONSOLIDATED GROUP) THAT ELECTS THE BOARD OF TRUSTEES. THERE ARE NO CLASSES OF TRUSTEES. THE MAJORITY OF THE ENTITIES RESERVE TO THE MEMBER THE POWER TO REMOVE TRUSTEES, TO FILL VACANCIES, AND TO INCREASE OR DECREASE THE SIZE OF THE BOARD. | |
| FORM 990, PART VI, SECTION A, LINE 7B | THE MAJORITY OF THE ENTITIES IN THE CONSOLIDATED GROUP HAVE A SOLE MEMBER (WHICH IS ALSO WITHIN THE CONSOLIDATED GROUP) WITH THE RIGHT TO APPROVE OR RATIFY DECISIONS OF THE ENTITY, WHICH IS EXERCISED BY THAT MEMBER'S BOARD OF TRUSTEES. THERE ARE NO CLASSES OF TRUSTEES OR MEMBERS. THUS, THE VOTING RIGHTS OF A MEMBER BOARD ARE ABSOLUTE. GENERALLY, THE SOLE MEMBER OF EACH ENTITY RESERVES THE POWER TO APPROVE MAJOR TRANSACTIONS; TO MERGE, CONSOLIDATE OR LIQUIDATE THE CORPORATION'S ASSETS; TO ADOPT ANNUAL OPERATING AND CAPITAL BUDGETS AND AMENDMENTS; TO ENTER INTO LOAN AGREEMENTS AND/OR GUARANTIES; TO APPOINT AND/OR ELECT THE PRESIDENT AND/OR CEO; TO ELECT AND/OR APPOINT AND REMOVE TRUSTEES, FILL VACANCIES, TO INCREASE OR DECREASE THE SIZE OF THE BOARD; AND TO APPROVE UNBUDGETED EXPENDITURES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | SECTIONS OF THE CORE FORM 990 RELATE TO EXECUTIVE COMPENSATION AND, SCHEDULE J ARE REVIEWED IN DETAIL WITH THE ORGANIZATION'S COMPENSATION COMMITTEE OF THE BOARD. THE COMPLIANCE COMMITTEE OF THE BOARD REVIEWS ALL CONTENT ASSOCIATED WITH SCHEDULE L. THE AUDIT COMMITTEE OF THE BOARD REVIEWS THE FORM 990, INCLUDING THE ABOVE SCHEDULES AND RECOMMENDS THE FORM 990 TO THE FULL BOARD FOR APPROVAL. THE FULL BOARD IS GIVEN ACCESS TO THE FORM 990. | |
| THE CONFLICT OF INTEREST POLICY REQUIRES BOARD MEMBERS AND MANAGEMENT TO COMPLETE ANNUAL DISCLOSURE STATEMENTS AND, TO UPDATE THESE DISCLOSURE STATEMENTS FOR SIGNIFICANT CHANGES IN THEIR OUTSIDE GOVERNANCE AND PROFESSIONAL ACTIVITIES OR, FINANCIAL RELATIONSHIPS AS APPROPRIATE. ADDITIONALLY, ALL TRANSACTIONS INVOLVING BOARD MEMBERS OR MANAGEMENT AND THE ORGANIZATION ARE REQUIRED TO BE APPROVED BY THE COMPLIANCE COMMITTEE OF THE BOARD AND, THERE IS ACTIVE MONITORING AND COMMUNICATION TO ENSURE INDIVIDUALS WITH OUTSIDE RELATIONSHIPS DO NOT INAPPROPRIATELY PARTICIPATE IN BUSINESS DECISIONS OF THE ORGANIZATION, PURCHASING OR RESEARCH DECISIONS. | FORM 990, PART VI, SECTION B, LINE 12C | |
| AT UMASS MEMORIAL HEALTH CARE INC., ALL COMPENSATION MATTERS FOR THE CEO AND SENIOR EXECUTIVES THROUGHOUT THE SYSTEM (INCLUDING ALL "DISQUALIFIED PERSONS") ARE GOVERNED AND OVERSEEN BY THE BOARD OF TRUSTEES OF THE PARENT. THE BOARD APPROVED A COMPENSATION PHILOSOPHY THAT GOVERNS ALL SUCH DECISIONS. THE PHILOSOPHY INCLUDES THE OBJECTIVES OF THE PROGRAM, COMPONENTS OF EXECUTIVE COMPENSATION, THE RELEVANT MARKET, POSITIONING IN THE MARKET, FACTORS CONSIDERED IN SETTING EXECUTIVE COMPENSATION AND THE IMPORTANCE OF TYING SUCH COMPENSATION TO PERFORMANCE. THE BOARD ESTABLISHED A COMPENSATION COMMITTEE, MADE UP OF DISINTERESTED TRUSTEES, WHO ARE GIVEN THE AUTHORITY TO ESTABLISH COMPENSATION FOR ALL SENIOR EXECUTIVES, WITHIN THE PARAMETERS OF THE PHILOSOPHY, AND WITH FULL AND COMPLETE REPORTING TO THE FULL BOARD. THE COMPENSATION COMMITTEE PERFORMS ITS WORK PURSUANT TO ITS CHARTER AND A COMPENSATION POLICY THAT ESTABLISHES THE PROCESS THE COMMITTEE WILL FOLLOW IN REVIEWING AND APPROVING EXECUTIVE COMPENSATION EACH YEAR. THE COMMITTEE ENSURES THAT ITS PROCESS MEETS THE REBUTABLE PRESUMPTION OF REASONABLENESS ESTABLISHED BY THE IRS. IN ORDER TO ASSIST THE COMMITTEE IN ITS RESPONSIBILITIES, THE COMPENSATION COMMITTEE HIRES INDEPENDENT, OUTSIDE COMPENSATION CONSULTANTS TO ADVISE THE COMMITTEE AND THE BOARD ON THE REASONABLENESS OF OVERALL EXECUTIVE COMPENSATION PROGRAM, INCLUDING COMPENSATION OF THE SPECIFIC EXECUTIVES. THESE CONSULTANTS REPORT DIRECTLY TO THE COMMITTEE AND NOT TO MANAGEMENT. THE COMMITTEE WORKS WITH THESE CONSULTANTS, AND WITH LEGAL COUNSEL, TO ENSURE THAT ALL COMPENSATION PAID, AS WELL AS THE PROCESS FOLLOWED TO DETERMINE SUCH COMPENSATION, IS REASONABLE, MEETS ALL REGULATORY REQUIREMENTS AND IS COMPETITIVE WITH THE RELEVANT MARKET. | FORM 990, PART VI, SECTION B, LINE 15 | |
| UMASS MEMORIAL MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AS REQUIRED BY APPLICABLE STATE AND FEDERAL LAWS, AND BY REQUEST ON A CASE-BY-CASE BASIS. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED LOSSES ON INVESTMENTS: -8,717,732. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 132,865. K-1 ACTIVITY FROM PARTNERSHIPS 22. MISCELLANEOUS 1. NET ASSETS RELEASED FROM RESTRICTIONS FOR OPERATIONS 1,751,586. TEMPORARY RESTRICTED FUND EXPENDITURES -9,392,861. TRANSFERS FROM RELATED PARTIES 22,226,645. TOTAL TO FORM 990, PART XI, LINE 5: 6,000,526. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION'S FINANCIAL STATEMENTS WERE AUDITED BY AN INDEPENDENT ACCOUNTING FIRM ON A CONSOLIDATED BASIS. THE ORGANIZATION HAS AN AUDIT COMMITTEE RESPONSIBLE FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AS WELL AS THE SELECTION OF AN INDEPENDENT ACCOUNTING FIRM. | PAGE 12, PART XI, LINE 2C |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| UMASS MEMORIAL FOUNDATION INC | ||||||||||
| 333 SOUTH STREET | SHREWSBURY | MA | 01545 | 043108190 | FUNDRAISING SUPPORT | MA | 501( C)(3) | 11C | N/A | 0 |
| HEALTH ALLIANCE REALTY CORPORATION | ||||||||||
| 60 HOSPITAL ROAD | LEOMINISTER | MA | 01473 | 042560754 | REAL ESTATE MANAGEMENT | MA | 501( C)(2) | N/A | N/A | 0 |
| WING HEALTH FOUNDATION INC | ||||||||||
| 40 WRIGHT STREET | PALMER | MA | 01069 | 042105839 | ISSUANCE OF HEALTH RELATED GRANTS | MA | 501( C)(3) | 11B | N/A | 0 |
Form990 Schedule R Part III Form990ScheduleRPartIII (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | Code VCodeVAmount | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UMASS MEMORIAL INVESTMENT PARTNERSHIP LLP | |||||||||||||||
| ONE BIOTECH PARK 365 PLANTATION ST | WORCESTER | MA | 01605 | 043530755 | INVESTMENT MANAGEMENT | MA | N/A | EXCLUDED 514 | 15238931 | 331190863 | 0 | $25,291 | 1 | 1.00000 | |
| UMASS MEMORIAL MARLBOROUGH MRI OF MARLBOROUGH LLC | |||||||||||||||
| 157 UNION STREET | MARLBOROUGH | MA | 01752 | 202293995 | MAGNETIC RESONANCE IMAGING | MA | RELATED | 0 | 0 | 0.56000 | MARLBOROUGH HOSPITAL | ||||
| UMASS MEMORIAL HEALTH ALLIANCE MRI CENTER LLC | |||||||||||||||
| 60 HOSPITAL ROAD | LEOMINSTER | MA | 01453 | 043561571 | MAGNETIC RESONANCE IMAGING | MA | N/A | RELATED | 0 | 0 | 0.60000 | ||||
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | CountryAddressForeign/Country | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Percentage OwnershipPercentageOwnership | Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Share Of EOY AssetsShareOfEOYAssets |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COMMONWEALTH PROFESSIONAL ASSURANCE CO LTD | ||||||||||||||||
| PO BOX 1051 GT | GRAND CAYMAN | CJ | 980226143 | INSURANCE | CJ | N/A | C | 26262197 | 1.00000 | |||||||
| MEMORIAL OFFICE CONDOMINIUM TRUST | ||||||||||||||||
| 046616900 | CONDOMINIUM ASSOCIATION | T | -5572 | 0.53690 | 328 SHREWSBURY STREET | WORCESTER | MA | 01604 | MA | UMASS MEMORIAL REALTY INC | 144653 | |||||
| BIO-LAB INC | ||||||||||||||||
| 042708828 | CLINICAL LABORATORY | S | 364610 | 1.00000 | 215 WEST STREET | MILFORD | MA | 01757 | MA | UMASS MEMORIAL HEALTH VENTURES INC | 1142577 | |||||
| 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 | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| 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 | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (3 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| UMASS MEMORIAL FOUNDATION INC | ||
| O | 1602995 | FAIR VALUE |
| COMMONWEALTH PROFESSIONAL ASSURANCE COMPANY LTD | ||
| L | 24975900 | FAIR VALUE |
| COMMONWEALTH PROFESSIONAL ASSUARNCE COMPANY LTD | ||
| P | 21839224 | FAIR VALUE |
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