Civic Intelligence

Boston Medical Center Insurance Co Ltd

EIN 20-1810549 • 501(c)3 • Burlington, VT

Profile

To provide reinsurance coverage for boston medical center corporation and boston medical center health plan, inc.

159 Bank Street 4th FloorBurlington, VT 05401

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

81st percentile

0.14x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2025

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

40th percentile

-10%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$36,186

Down $4,063 (-10%) from 2024

Liabilities

Up

$5,200

Up $2,750 (+112%) from 2024

Net Assets

Down

$30,986

Down $6,813 (-18%) from 2024

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2024

Expenses

Up

$6,813

Up $68 (+1.0%) from 2024

Net Income

Down

-$6,813

Down $68 (-1.0%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2011: $296,482Liabilities 2011: $37,5002011Assets 2012: $290,019Liabilities 2012: $39,5412012Assets 2013: $352,684Liabilities 2013: $7,5002013Assets 2014: $342,392Liabilities 2014: $7,5002014Assets 2015: $328,722Liabilities 2015: $7,5002015Assets 2016: $20,321,599Liabilities 2016: $7,500Net Assets 2016: $20,314,0992016Assets 2017: $24,389,942Liabilities 2017: $2,555,643Net Assets 2017: $21,834,2992017Assets 2018: $5,065,320Liabilities 2018: $403,115Net Assets 2018: $4,662,2052018Assets 2019: $73,469Liabilities 2019: $0Net Assets 2019: $73,4692019Assets 2020: $69,469Liabilities 2020: $0Net Assets 2020: $69,4692020Assets 2021: $61,594Liabilities 2021: $2,200Net Assets 2021: $59,3942021Assets 2022: $53,194Liabilities 2022: $2,200Net Assets 2022: $50,9942022Assets 2023: $46,744Liabilities 2023: $2,200Net Assets 2023: $44,5442023Assets 2024: $40,249Liabilities 2024: $2,450Net Assets 2024: $37,7992024Assets 2025: $36,186Liabilities 2025: $5,200Net Assets 2025: $30,9862025

Highlighted filing

2025

Assets$36,186
Liabilities$5,200
Net Assets$30,986
Open 2025 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $1,807Expenses 2011: $11,500Net Income 2011: -$9,6932011Revenue 2012: $1,537Expenses 2012: $10,041Net Income 2012: -$8,5042012Revenue 2013: $1,230Expenses 2013: $11,524Net Income 2013: -$10,2942013Revenue 2014: $1,208Expenses 2014: $11,500Net Income 2014: -$10,2922014Revenue 2015: $1,164Expenses 2015: $14,834Net Income 2015: -$13,6702015Revenue 2016: $4,377Expenses 2016: $11,500Net Income 2016: -$7,1232016Revenue 2017: $2,612,831Expenses 2017: $2,527,485Net Income 2017: $85,3462017Revenue 2018: $4,538,071Expenses 2018: -$1,005,823Net Income 2018: $5,543,8942018Revenue 2019: $1,175Expenses 2019: $12,869Net Income 2019: -$11,6942019Revenue 2020: $0Expenses 2020: $4,000Net Income 2020: -$4,0002020Revenue 2021: $0Expenses 2021: $10,075Net Income 2021: -$10,0752021Revenue 2022: $0Expenses 2022: $8,400Net Income 2022: -$8,4002022Revenue 2023: $0Expenses 2023: $6,450Net Income 2023: -$6,4502023Revenue 2024: $0Expenses 2024: $6,745Net Income 2024: -$6,7452024Revenue 2025: $0Expenses 2025: $6,813Net Income 2025: -$6,8132025

Highlighted filing

2025

Revenue$0
Expenses$6,813
Net Income-$6,813
Open 2025 Filing

Filings

Most recent year

2025 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,186
Liabilities
$5,200
Net assets
$30,986
Revenue
$0
Expenses
$6,813
Net income
-$6,813
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.00$0.01$0.01
2024Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$0.00$0.01$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.04$0.00$0.01$0.01
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.00$0.01$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.06$0.00$0.06$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.00$0.01$0.01
2018Detailed filing. Detailed filing data is available for this year.$5.07$0.40$4.66$4.54$1.01$5.54
2017Detailed filing. Detailed filing data is available for this year.$24.4$2.56$21.8$2.61$2.53$0.09
2016Detailed filing. Detailed filing data is available for this year.$20.3$0.01$20.3$0.00$0.01$0.01
2015Summary only. Only limited summary data is available for this year.$0.33$0.01$0.00$0.01$0.01
2014Summary only. Only limited summary data is available for this year.$0.34$0.01$0.00$0.01$0.01
2013Summary only. Only limited summary data is available for this year.$0.35$0.01$0.00$0.01$0.01
2012Summary only. Only limited summary data is available for this year.$0.29$0.04$0.00$0.01$0.01
2011Summary only. Only limited summary data is available for this year.$0.30$0.04$0.00$0.01$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Mar 12, 2026
Return Version
2024v5.5
Gross Receipts
$0
Mission and Program Overview

Mission

To provide reinsurance coverage for boston medical center corporation and boston medical center health plan, inc.

Program Services

DescriptionGrantsExpenses
INSURANCE COVERAGE FOR BOSTON MEDICAL CENTER CORPORATION AND BOSTON MEDICAL CENTER HEALTH PLAN, INC.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
SCOTT FRIEDMANPresident, Treasurer To Jul '25-$0--
DAVID BECKSecretary-$0--
DAVID LITTLEHALEDirector-$0--
Filing and Contact Details

Filer

Filer Name
Boston Medical Center Insurance Co Ltd
EIN
20-1810549
Phone
8028601958
Address
159 BANK STREET 4TH FLOOR, BURLINGTON, VT 05401

Signing Officer

Name
Craig Bennett
Title
President
Phone
8028601958
Signed
2026-03-12
Discuss with paid preparer
Yes

Preparer

Firm
Johnson Lambert Llp
Address
4242 SIX FORKS RD STE 1500, RALEIGH, NC 27609
Preparer
Andrew Hassler
Phone
9197196400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: business licenses & fees. Amount: 500. Description: bank fees. Amount: 63. Total to form 990-ez, line 16: 563.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: accrued expenses. Beg. Of year amount: 2,450. End of year amount: 5,200.”

Raw XML Appendix147 raw XML fields

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

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAVID LITTLEHALE
IRS990EZ/BooksInCareOfDetail/PhoneNum08028601958
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0159 BANK STREET 4TH FLOOR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BURLINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0VT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd005401
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040249
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036186
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-6813
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt06250
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt040249
IRS990EZ/Form990TotalAssetsGrp/EOYAmt036186
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt037799
IRS990EZ/NetAssetsOrFundBalancesEOYAmt030986
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt037799
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt030986
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SCOTT FRIEDMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DAVID BECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID LITTLEHALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT, TREASURER TO JUL '25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0563
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE REINSURANCE COVERAGE FOR BOSTON MEDICAL CENTER CORPORATION AND BOSTON MEDICAL CENTER HEALTH PLAN, INC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0INSURANCE COVERAGE FOR BOSTON MEDICAL CENTER CORPORATION AND BOSTON MEDICAL CENTER HEALTH PLAN, INC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0VT
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt02450
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt05200
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt06813
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt06813
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0043314093
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt06813
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BOSTON MEDICAL CENTER CORPORATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: BUSINESS LICENSES & FEES. AMOUNT: 500. DESCRIPTION: BANK FEES. AMOUNT: 63. TOTAL TO FORM 990-EZ, LINE 16: 563.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 2,450. END OF YEAR AMOUNT: 5,200.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CRAIG BENNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08028601958
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-03-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOSTON MEDICAL CENTER INSURANCE CO LTD
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF VERMONT
ReturnHeader/Filer/BusinessNameControlTxt0BOST
ReturnHeader/Filer/EIN0201810549
ReturnHeader/Filer/PhoneNum08028601958
ReturnHeader/Filer/USAddress/AddressLine1Txt0159 BANK STREET 4TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0BURLINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0VT
ReturnHeader/Filer/USAddress/ZIPCd005401
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521446779
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOHNSON LAMBERT LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04242 SIX FORKS RD STE 1500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RALEIGH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd027609
ReturnHeader/PreparerPersonGrp/PhoneNum09197196400
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW HASSLER
ReturnHeader/ReturnTs02026-03-12T11:27:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.