Civic Intelligence

Emerson Practice Associates Inc.

990 • Fiscal year 2016 • EIN 04-3111240

Oct 01, 2015 to Sep 30, 2016 • Filed on Aug 11, 2017

133 Old Road To Nine Acre CornerConcord, MA 01742

(978) 287-8709

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

69th percentile

0.55x

Higher debt load relative to revenue than 69% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

38th percentile

0.0%

Higher net margin than 38% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

96th percentile

$1,069,213

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 10.3% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

99th percentile

259%

Faster asset growth than 99% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

39%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$5,686,367

Up $4,100,706 (+259%) from 2015

Net Assets

Flat

$0

Flat from 2015

Liabilities

Up

$5,686,367

Up $4,100,706 (+259%) from 2015

Revenue

Up

$10,371,194

Up $2,911,715 (+39%) from 2015

Expenses

Up

$10,371,194

Up $2,911,715 (+39%) from 2015

Net Income

Flat

$0

Flat from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$30M$20M$10M$0Assets 2011: $561,867Liabilities 2011: $561,867Net Assets 2011: $02011Assets 2012: $752,211Liabilities 2012: $752,211Net Assets 2012: $02012Assets 2013: $1,064,614Liabilities 2013: $1,064,614Net Assets 2013: $02013Assets 2014: $1,063,200Liabilities 2014: $1,063,200Net Assets 2014: $02014Assets 2015: $1,585,661Liabilities 2015: $1,585,661Net Assets 2015: $02015Assets 2016: $5,686,367Liabilities 2016: $5,686,367Net Assets 2016: $02016Assets 2017: $4,830,196Liabilities 2017: $4,830,196Net Assets 2017: $02017Assets 2018: $8,264,855Liabilities 2018: $8,264,855Net Assets 2018: $02018Assets 2019: $8,291,020Liabilities 2019: $8,291,020Net Assets 2019: $02019Assets 2020: $18,515,739Liabilities 2020: $18,515,739Net Assets 2020: $02020Assets 2021: $29,193,502Liabilities 2021: $29,193,502Net Assets 2021: $02021Assets 2022: $11,268,793Liabilities 2022: $11,268,793Net Assets 2022: $02022Assets 2023: $9,114,760Liabilities 2023: $9,114,760Net Assets 2023: $02023Assets 2024: $7,654,433Liabilities 2024: $7,654,433Net Assets 2024: $02024

Highlighted filing

2016

Assets$5,686,367
Liabilities$5,686,367
Net Assets$0

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$60M$40M$20M$0Expenses 2011: $4,063,3382011Expenses 2012: $5,845,7772012Revenue 2013: $7,852,063Expenses 2013: $7,852,063Net Income 2013: $02013Revenue 2014: $7,812,128Expenses 2014: $7,812,128Net Income 2014: $02014Revenue 2015: $7,459,479Expenses 2015: $7,459,479Net Income 2015: $02015Revenue 2016: $10,371,194Expenses 2016: $10,371,194Net Income 2016: $02016Revenue 2017: $15,825,942Expenses 2017: $15,825,942Net Income 2017: $02017Revenue 2018: $20,554,229Expenses 2018: $20,554,229Net Income 2018: $02018Revenue 2019: $26,679,564Expenses 2019: $26,679,564Net Income 2019: $02019Revenue 2020: $27,706,874Expenses 2020: $27,706,874Net Income 2020: $02020Revenue 2021: $40,422,139Expenses 2021: $40,422,139Net Income 2021: $02021Revenue 2022: $43,982,818Expenses 2022: $43,982,818Net Income 2022: $02022Revenue 2023: $50,780,356Expenses 2023: $50,780,356Net Income 2023: $02023Revenue 2024: $52,281,185Expenses 2024: $52,281,185Net Income 2024: $02024

Highlighted filing

2016

Revenue$10,371,194
Expenses$10,371,194
Net Income$0
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Aug 11, 2017
Return Version
2015v3.0
Gross Receipts
$10,371,194
Mission and Program Overview

Mission

Provide access to high quality and cost effective primary and specialty care in the communities served by emerson hospital

Emerson practice associates, inc provides access to high quality and cost effective primary and specialist care in the communities served by emerson hospital

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$595,401$4,087,215▲ $3,491,814
Accounts Receivable$990,260$1,599,152▲ $608,892
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,585,661$5,686,367▲ $4,100,706
Liabilities
Other Liabilities$1,585,661$5,686,367▲ $4,100,706
Total Liabilities$1,585,661$5,686,367▲ $4,100,706
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$1,585,661$5,686,367▲ $4,100,706
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christine SchusterPresident and CEO
C Gregory MartinmdDirector
Robert TremblayDirector
John WilhelmClerk
Michael HacheyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$10,371,194
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,371,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$10,371,194-$10,371,194
Total Functional Expenses$0$10,371,194$0$10,371,194
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Emerson Hospital$5,686,367
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Emerson health systems, inc acting through its board of directors is the member for emerson practice associates.

Form 990, Part VI, Section A, Line 7A

The number and composition of the board of directors is fixed annually by the member, emerson health systems, inc.

Form 990, Part VI, Section A, Line 7B

The number and composition of the board of directors is fixed annually by the member, emerson health systems, inc.

Form 990, Part VI, Section B, Line 11

The completed form 990 was presented to the board of directors during a special session and was open to review, discussion, questions and comments prior to the filing of the return.

Form 990, Part VI, Section B, Line 12C

The board of directors requires that all board members and senior managers complete and sign the conflict of interest questionnaire annually. The ceo reviews these questionnaires and summarizes any issues that could create a conflict of interest. This summary is reviewed by the governance committee of emerson hospital's board of directors and is presented to the entire board annually so that all board members are aware of potential conflicts of interest and have information they can rely on if they feel an individual may have divided loyalties on a decision coming before the board of directors. The board chair is responsible for evaluating any conflict of interest and determining the treatment of the situation according to board policy.

Form 990, Part VI, Section B, Line 15

The officers of emerson practice associates are employed by emerson hospital. Emerson hospital's board of directors holds the sole responsibility for establishing the compensation of the ceo. The compensation committee, a subcommittee of the board of directors comprised of at least three independent board members, is responsible for the reivew and recommendation of the ceo's compensation. This analysis includes an annual independent review of comparable institutions. The vice president of human resources, acting as staff support for the committee, maintains written records on compensation and the committee's actions. Meeting minutes document the committee's decision-making process, the types of comparable data that was used to determine the fair market value for an executive's services and the nature of any decisions made as to establish a rebuttable presumption of reasonableness for compensation for a disqualified individual. The compensation committee also reviews and approves the ceo's recommendation of compensation for key employees including officers and vice presidents. This analysis includes an annual independent review of comparable institutions. The vice president of human resources, acting as staff support for the committee, maintains written records on compensation and the committee's actions. Meeting minutes document the committee's decision-making process, the types of comparable data that was used to determine the fair market value for an executive's services and the nature of any decisions made as to establish a rebuttable presumption of reasonableness for compensation for a disqualified individual.

Form 990, Part VI, Section C, Line 18

The form 990 is available on the massachusetts attorney general's website. Forms 1023 and 990 are also available upon request to the organization.

Form 990, Part VI, Section C, Line 19

Emerson practice associate's by-laws are available on the massachusetts secretary of state's website. Conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Emerson Practice Associates Inc
EIN
04-3111240
Phone
9782878709
Address
133 OLD ROAD TO NINE ACRE CORNER, CONCORD, MA 01742

Signing Officer

Name
Michael Hachey
Title
Sr VP, CFO
Phone
9782878709
Signed
2017-08-11

Organization Details

Principal Officer
Michael Hachey
Formed
1992
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization did not file undertain tax positions for tax year 2015.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4357973
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt0140486
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt11430
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt31430
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt490504
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt033403
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt1469
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt228511
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt327010
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt421287
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt011922
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt21242
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt324787
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt46858
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTINE SCHUSTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JOHN WILHELM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2MICHAEL HACHEY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3ROBERT TREMBLAY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4C GREGORY MARTINMD
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT AND CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CLERK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt4DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt01069213
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1197495
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt2491644
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt3310935
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt4585978
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0CHRISTINE SCHUSTER,JOHN WILHELM, MICHAEL HACHEY, ROBERT TREMBLAY AND C GREGORY MARTIN ARE EMPLOYEES OF EMERSON HOSPITAL. EMERSON HOSPITAL OFFERS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO A SELECT CLASS OF MANAGEMENT. SUPPLEMENTAL RETIREMENT INCOME IS ASSESSED BY AN INDEPENDENT ACTUARY TO DETERMINE ANNUAL CONTRIBUTION AMOUNTS BY EMERSON HOSPITAL. PLAN CONTRIBUTIONS BECOME INCOME TO THE PARTICIPANT BASED ON A CLIFF VESTING SCHEDULE, WHICH IS EVERY FIVE YEARS FROM THE DATE OF PLAN ENROLLMENT. THE FOLLOWING PERSONS PARTICIPATED IN A 457(F) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. CHRISTINE SCHUSTER $121,056 C. GREGORY MARTIN $71,074
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1EMERSON HOSPITAL EXECUTIVES ARE ELEGIBLE TO RECEIVE INCENTIVE COMPENSATION IN THE AMOUNT OF 5% OF BASE SALARY IF THE ORGANIZATION ACHIEVES THE BOARD APPROVED BUDGETED GAIN FROM OPERATIONS FOR THE FISCAL YEAR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 4B
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 6
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EMERSON HEALTH SYSTEMS, INC ACTING THROUGH ITS BOARD OF DIRECTORS IS THE MEMBER FOR EMERSON PRACTICE ASSOCIATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE NUMBER AND COMPOSITION OF THE BOARD OF DIRECTORS IS FIXED ANNUALLY BY THE MEMBER, EMERSON HEALTH SYSTEMS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE NUMBER AND COMPOSITION OF THE BOARD OF DIRECTORS IS FIXED ANNUALLY BY THE MEMBER, EMERSON HEALTH SYSTEMS, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPLETED FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS DURING A SPECIAL SESSION AND WAS OPEN TO REVIEW, DISCUSSION, QUESTIONS AND COMMENTS PRIOR TO THE FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD OF DIRECTORS REQUIRES THAT ALL BOARD MEMBERS AND SENIOR MANAGERS COMPLETE AND SIGN THE CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. THE CEO REVIEWS THESE QUESTIONNAIRES AND SUMMARIZES ANY ISSUES THAT COULD CREATE A CONFLICT OF INTEREST. THIS SUMMARY IS REVIEWED BY THE GOVERNANCE COMMITTEE OF EMERSON HOSPITAL'S BOARD OF DIRECTORS AND IS PRESENTED TO THE ENTIRE BOARD ANNUALLY SO THAT ALL BOARD MEMBERS ARE AWARE OF POTENTIAL CONFLICTS OF INTEREST AND HAVE INFORMATION THEY CAN RELY ON IF THEY FEEL AN INDIVIDUAL MAY HAVE DIVIDED LOYALTIES ON A DECISION COMING BEFORE THE BOARD OF DIRECTORS. THE BOARD CHAIR IS RESPONSIBLE FOR EVALUATING ANY CONFLICT OF INTEREST AND DETERMINING THE TREATMENT OF THE SITUATION ACCORDING TO BOARD POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE OFFICERS OF EMERSON PRACTICE ASSOCIATES ARE EMPLOYED BY EMERSON HOSPITAL. EMERSON HOSPITAL'S BOARD OF DIRECTORS HOLDS THE SOLE RESPONSIBILITY FOR ESTABLISHING THE COMPENSATION OF THE CEO. THE COMPENSATION COMMITTEE, A SUBCOMMITTEE OF THE BOARD OF DIRECTORS COMPRISED OF AT LEAST THREE INDEPENDENT BOARD MEMBERS, IS RESPONSIBLE FOR THE REIVEW AND RECOMMENDATION OF THE CEO'S COMPENSATION. THIS ANALYSIS INCLUDES AN ANNUAL INDEPENDENT REVIEW OF COMPARABLE INSTITUTIONS. THE VICE PRESIDENT OF HUMAN RESOURCES, ACTING AS STAFF SUPPORT FOR THE COMMITTEE, MAINTAINS WRITTEN RECORDS ON COMPENSATION AND THE COMMITTEE'S ACTIONS. MEETING MINUTES DOCUMENT THE COMMITTEE'S DECISION-MAKING PROCESS, THE TYPES OF COMPARABLE DATA THAT WAS USED TO DETERMINE THE FAIR MARKET VALUE FOR AN EXECUTIVE'S SERVICES AND THE NATURE OF ANY DECISIONS MADE AS TO ESTABLISH A REBUTTABLE PRESUMPTION OF REASONABLENESS FOR COMPENSATION FOR A DISQUALIFIED INDIVIDUAL. THE COMPENSATION COMMITTEE ALSO REVIEWS AND APPROVES THE CEO'S RECOMMENDATION OF COMPENSATION FOR KEY EMPLOYEES INCLUDING OFFICERS AND VICE PRESIDENTS. THIS ANALYSIS INCLUDES AN ANNUAL INDEPENDENT REVIEW OF COMPARABLE INSTITUTIONS. THE VICE PRESIDENT OF HUMAN RESOURCES, ACTING AS STAFF SUPPORT FOR THE COMMITTEE, MAINTAINS WRITTEN RECORDS ON COMPENSATION AND THE COMMITTEE'S ACTIONS. MEETING MINUTES DOCUMENT THE COMMITTEE'S DECISION-MAKING PROCESS, THE TYPES OF COMPARABLE DATA THAT WAS USED TO DETERMINE THE FAIR MARKET VALUE FOR AN EXECUTIVE'S SERVICES AND THE NATURE OF ANY DECISIONS MADE AS TO ESTABLISH A REBUTTABLE PRESUMPTION OF REASONABLENESS FOR COMPENSATION FOR A DISQUALIFIED INDIVIDUAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FORM 990 IS AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORMS 1023 AND 990 ARE ALSO AVAILABLE UPON REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EMERSON PRACTICE ASSOCIATE'S BY-LAWS ARE AVAILABLE ON THE MASSACHUSETTS SECRETARY OF STATE'S WEBSITE. CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0EMERSON HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1EMERSON HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0042793599
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1042800607
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0PROPERTY MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1HEALTH SERVICES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0EMERSON PROPERTY DEVELOPMENT CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1EMERSON OCCUPATIONAL HEALTH SERVICES
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0133 OLD ROAD TO NINE ACRE CORNER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt1133 OLD ROAD TO NINE ACRE CORNER
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0CONCORD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1CONCORD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd001742
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd101742
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0EMERSON HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1EMERSON HEALTH SYSTEM INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0EMERSON HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1EMERSON HEALTH SYSTEM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2EMERSON HEALTH CARE FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0042103565
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1042770977
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2042770980
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0170(B)(1)(A)(III)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1509(A)(3) TYPE I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2509(A)(3) TYPE I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0ACUTE CARE COMMUNITY HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROVIDE HEALTHCARE SUBSIDIARIES WITH MANAGEMENT TEAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2COORDINATE AND DEVELOP FUNDRAISING EFFORT FOR EMERSON HOSPITAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0133 OLD ROAD TO NINE ACRE CORNER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1133 OLD ROAD TO NINE ACRE CORNER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2133 OLD ROAD TO NINE ACRE CORNER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0CONCORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1CONCORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2CONCORD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2MA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.65$7.65$0.00$52.3$52.3$0.00
2023Detailed filing. Detailed filing data is available for this year.$9.11$9.11$0.00$50.8$50.8$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.3$11.3$0.00$44.0$44.0$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.2$29.2$0.00$40.4$40.4$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$18.5$18.5$0.00$27.7$27.7$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.29$8.29$0.00$26.7$26.7$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.26$8.26$0.00$20.6$20.6$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$4.83$0.00$15.8$15.8$0.00
2016Detailed filing. Detailed filing data is available for this year.$5.69$5.69$0.00$10.4$10.4$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.59$1.59$0.00$7.46$7.46$0.00
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.06$1.06$0.00$7.81$7.81$0.00
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.06$1.06$0.00$7.85$7.85$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.75$0.00$5.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.56$0.00$4.06