2012-08-13T10:39:38-07:00 2011-09-30 990 2010-10-01 237425849 East Boston Neighborhood Health Center Corporation EAST 6175684570 10 Gove Street East Boston MA 02128 John P Cradock 2012-08-13 2010 2016-02-24 21:20:13Z John P Cradock 10 Gove Street East Boston MA 02128 99014945 false false X www.ebnhc.org X 1974 MA The Health Center's mission is to provide easily accessible, affordable, appropriate, high-quality, personalized, coordinated primary care, for all who live and work in East Boston and the surrounding communities, without regard to age, income, insurance status, language, culture, or social circumstances 12 12 935 86 0 15480152 23429796 70096275 71336791 221108 -20918 2602332 4269276 88399867 99014945 0 0 51757533 55257577 0 0 32500613 35012523 84258146 90270100 4141721 8744845 29310222 43390578 18503670 23839181 10806552 19551397 The Health Center's mission is to provide easily accessible, affordable, appropriate, high-quality, personalized, coordinated primary care, for all who live and work in East Boston and the surrounding communities, without regard to age, income, insurance status, language, culture, or social circumstances false false 40865187 42354498 In Fiscal Year 2011 the East Boston Neighborhood Health Center Corp.continued it's mission to provide easily accessible, personalized, high quality,affordable care that is sensitive to the needs of each individual who lives or works in the East Boston Community regardless of the ability to pay.The Center had 251 thousand patient visits during the year ending September 30,2011. 19496771 23386212 The Elder Care Services division which includes the Elder Service Program ("ESP"),Senior Care Options,("SCO"), and the Long Term Care Pharmacy,continued to provide all inclusive care for the elderly during the year, the organization provided direct care of over 3,600 member months for its ESP particpants and over 4,600 member months for its SCO participants for the period ending September 30,2011. The Long Term Care Pharmacy provided over 75,000 prescriptions to members of both the ESP and SCO members in FY2011 as well. 5018268 5596081 The Retail Pharmacy provides onsite prescription medication exclusive to health center patients only. During the period ending September 30, 2011, the organization filled in excess of 272 thousand prescriptions to its patients. 65380226 true true false true false false false false false false true false false false true true true false false false false false false false false false false false false true true false true false false false true false false false false false false false false false true false false false false true 35 0 true 935 true false false false false false false false false false false false 0 false false false false false false false false false false false X 12 12 false false false false false false false true true false false false true true true true true true true true false false MA X X John P Cradock 6175684570 10 Gove Street East Boston MA 02128 Timothy Rogers 40.00 X 246979 0 21338 Sandra Caggiano 2.00 X 0 0 0 Rosa Dominguez 2.00 X 0 0 0 Robert Driscoll 2.00 X 0 0 0 Rita Sorrento 2.00 0 0 0 Officer Daniel Simons 2.00 X 0 0 0 Nancy M Christoff 2.00 X 0 0 0 Manuel Lopes 40.00 X 274625 0 21667 John White 2.00 X 0 0 0 John P Cradock 40.00 X 609710 0 21902 Jiaqi Tao 0.00 X 116388 0 0 Jennifer C Blanco 2.00 X 0 0 0 Jean Staropoli 2.00 X 0 0 0 Frank M Ramirez 2.00 X 0 0 0 DrMari Bentley 40.00 X 223382 0 20684 Dr Jeff Shapiro 40.00 X 250033 0 21449 Dr James Taylor 40.00 X 485600 0 21902 Dr James Suel 40.00 X 241595 0 13554 Dr James Padulla 40.00 X 207054 0 22547 Dr Catherine Silva 40.00 X 198945 0 6720 Doris Virginia Rubio 2.00 X 0 0 0 Ann Burridge 2.00 X 0 0 0 2854311 171763 85 true true false McGarr Services PO Box 670139 Chesnut Hill MA 02467 Cleaning Services 618010 Longwood Security Two Brookline Place Brookline MA 02445 Security Services 428430 Isgenuity LLC 633 Highland Avenue Needham MA 02494 Architects 682237 Epic Systems 1779 Milky Way Milwuakee WI 53288 Technical Support 586174 Eaton Apothecary Offices PO Box 6880 Holliston MA 01746 Pharmacy Services 2820562 13 21895407 1534389 23429796 Retail Pharmacy Revenue 446110 5596081 5596081 Health Center NPSR 621400 42354498 42354498 ESP Revenue 621610 23386212 23386212 71336791 -22893 -22893 0 0 0 1975 1975 1975 1975 0 0 0 Rental Income 623000 315579 315579 Partners Restricted Inc. 621400 500000 500000 Other Program Support 621400 3145267 3145267 308430 308430 4269276 99014945 75608042 -22893 0 0 0 0 1333905 1333905 0 42203370 35331488 6871882 781713 698548 83165 8111849 290012 7821837 2826740 2144800 681940 0 244515 244515 106992 106992 45000 45000 0 0 0 32535 4863 27672 399598 279129 120469 0 0 5509505 2767967 2741538 148428 29603 118825 0 0 316822 316822 0 2367197 578309 1788888 605645 306181 299464 Professional & Contract Serv. 2299392 1526157 773235 Medical Supplies 6003072 6003072 Institutional cost for ESP 4749085 4749085 Contract/Temp Services 4502065 4441826 60239 Bad Debt 4157719 4157719 3524953 2071467 1453486 90270100 65380226 24889874 0 6846428 6233459 0 703004 1656119 3863014 7002218 168869 138869 0 0 386342 668670 1182567 1248483 41771938 17449920 14800649 24322018 0 0 0 0 1359349 2120742 29310222 43390578 11338409 14414036 6237618 5884000 2360534 927643 1180611 18503670 23839181 X 10806552 18801717 749680 10806552 19551397 29310222 43390578 8744845 X true true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 90000 false false 90000 false false 3133334 3133334 766975 640987 125988 15429760 8976484 6453276 10609739 7291316 3318423 11832130 541133 11290997 24322018 Rounding 3 Post Retirement Benefit 211000 Interest Rate Swap 969608 1180611 99014945 90270100 8744845 8744845 99014945 99014945 99014945 90270100 90270100 90270100 Part X Part X : FIN48 Footnote The Center is incorporated under Section 501(c)(3) of the Internal Revenue Code(the "Code") and, accordingly, is exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. The Center is classified as a public charity. In accordance with generally accepted accounting principles, the Center annually evaluates its tax status and tax positions taken with respect to its operations and financial position.Tax years from 2006 through the current year remain open for examination by Federal and state authorities. X X X X X true false false false false false false false false false Timothy Rogers 246979 6286 15052 268317 Manuel Lopes 274625 6370 15297 296292 John P Cradock 348545 65000 196165 6370 15532 631612 Jiaqi Tao 116388 116388 DrMari Bentley 223382 5850 14834 244066 Dr Jeff Shapiro 250033 6370 15079 271482 Dr James Taylor 321608 163992 6370 15532 507502 Dr James Suel 241595 6370 7184 255149 Dr James Padulla 207054 6370 16177 229601 Dr Catherine Silva 198945 4926 1794 205665 Massachusetts Development Finance Agency 043431814 2006-02-01 7564000 Attached Note true false 7564000 7564000 164761 false false true false false false false true true false false false false John P Cradock X 208110 138869 false true true 138869 Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The organization prepares the Form 990 and the related disclosures with assistance and guidance from it's individual tax advisors (CPA firm).The Form 990 is reviewed by the organizations' management team prior to submission to the board of directors and the IRS.The Form 990 is also available on the Massachusetts office of the Attorney General's website. Form 990, Part VI, Line 15b Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees All compensation for the CEO and senior executives are governed and overseen by the Board of Directors. The Board established a Compensation Committee, made up of disinterested trustees, who are given the authority to establish compensation for all senior executives. The Compensation Committee performs annual reviews and approves executive compensation. In order to assist the Committee in its responsibilities, the Compensation Committee hires independent, outside compensation consultants to advise the committee on the reasonableness of the overall executive compensation. The Committee works with these consultants to ensure that all compensation is reasonable, meets all regulatory requirements, and is competitive within the relevant market. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts The organization requires that employees, members and officers of the board of directors and any member of any committee disclose in writing (and update annually) all business and other relationships which might potentially create a conflict of interest as defined by the policy. The written disclosure shall include an itemization of any substantive conflict of interest for such individual by virtue of his or her activities. The conflict of interest policy is reviewed and communicated to ensure individuals with outside relationships do not inappropriately participate in business decisions of the Organization in which they are not independent Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process A copy of the Form 990 is made available to it's governing body for review prior to submission to the Internal Revenue Service through a web site portal. Client Note 1 - IIn February of 2006, the Center entered into an agreement with the Massachusetts Development Finance Agency ("MDFA") to issue $7.564,000 of MDFA Series 1996 Revenue Bonds ("Series 2006 Bonds"), East Boston Neighborhood Health Center Issue, Series 2006 that will mature on July 1, 2026.The bonds were issued to advance refund the Center's outstanding MIFA Series 1996 Revenue Bonds. Under the terms of a loan and trust agreement (the "Agreement") between the Center, MDFA and TD Banknorth, as trustee, the Center is required to make monthly payments to the trustee in amounts sufficient to pay the scheduled principal and interest requirements of the Series 2006 Bonds through maturity on July 1, 2026. The annual interest rate on the outstanding Series 2006 Bond is the LIBOR rate plus one and three-tenths percent (1.3%). Collateral for the Series 2006 Bonds consists of the Center's accounts receivable. The Agreement also contains various financial and reporting covenants.Concurrent with the Center's loan and trust agreement, the Center entered into a fifteen (15) year interest rate swap agreement (the "Swap") with TD Banknorth effectively modifying the interest rate under the variable rate instrument to a fixed rate in order to avoid the risk of rising interest rates and to make their borrowing costs more predictable.The interest rate swap, which is deemed effective, is designed as a cash flow hedge and the activity is reported in the statement of activities. The fixed interest rate of the swap agreement was 4.825% as of September 30, 2011 and 2010. Interest expense is recorded at the fixed rate. The swap is outstanding through February 1, 2021, while the debt is outstanding until 2026.The interest rate swap was recorded at fair value as a liability of $969,608 and $927,643 as of September 30,2011 and 2010 respectively.The Bond payable balance as of September 30, 2011 is $5,884,618.00. Twenty-Six Sturgis Street Corp 26 Sturgis Street Winthrop MA 02152 Elderly Housing MA 501 (C) 3 9 N/A false false false false false false false false false false false false false false false false false false true Twenty-Six Sturgis Street Corp r 34447