Civic Intelligence

Tolland Imaging Center LLC

990 • Fiscal year 2015 • EIN 20-8688982

Oct 01, 2014 to Sep 30, 2015 • Filed on Jan 19, 2016

6 Fieldstone Commons No Ste 6Tolland, CT 06084

(860) 896-4848

Siviq Scores

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

Liabilities / Assets

57th percentile

0.16x

Higher debt load relative to assets than 57% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

46th percentile

0.09x

Higher debt load relative to revenue than 46% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

77th percentile

18%

Higher net margin than 77% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

89th percentile

40%

Faster asset growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

59th percentile

7.2%

Faster revenue growth than 59% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,116,299

Up $321,270 (+40%) from 2014

Net Assets

Up

$937,103

Up $371,959 (+66%) from 2014

Liabilities

Down

$179,196

Down $50,689 (-22%) from 2014

Revenue

Up

$2,084,777

Up $139,743 (+7.2%) from 2014

Expenses

Up

$1,712,818

Up $35,459 (+2.1%) from 2014

Net Income

Up

$371,959

Up $104,284 (+39%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,947,749Liabilities 2010: $1,807,955Net Assets 2010: $139,7942010Assets 2011: $1,673,650Liabilities 2011: $1,553,576Net Assets 2011: $120,0742011Assets 2012: $1,275,255Liabilities 2012: $1,058,438Net Assets 2012: $216,8172012Assets 2013: $920,814Liabilities 2013: $623,345Net Assets 2013: $297,4692013Assets 2014: $795,029Liabilities 2014: $229,885Net Assets 2014: $565,1442014Assets 2015: $1,116,299Liabilities 2015: $179,196Net Assets 2015: $937,1032015Assets 2016: $1,806,140Liabilities 2016: $397,741Net Assets 2016: $1,408,3992016

Highlighted filing

2015

Assets$1,116,299
Liabilities$179,196
Net Assets$937,103

Operations Trend

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

$3.0M$2.0M$1.0M$0Expenses 2010: $1,950,6452010Expenses 2011: $2,066,8392011Expenses 2012: $2,070,8922012Expenses 2013: $1,974,3662013Revenue 2014: $1,945,034Expenses 2014: $1,677,359Net Income 2014: $267,6752014Revenue 2015: $2,084,777Expenses 2015: $1,712,818Net Income 2015: $371,9592015Revenue 2016: $2,173,320Expenses 2016: $1,702,024Net Income 2016: $471,2962016

Highlighted filing

2015

Revenue$2,084,777
Expenses$1,712,818
Net Income$371,959
Jump To
Filing Snapshot
Filing Period
Oct 1, 2014 to Sep 30, 2015
Signed
Jan 19, 2016
Return Version
2014v6.0
Gross Receipts
$2,084,777
Mission and Program Overview

Mission

To provide imaging services in the tolland, ct area and to promote health and wellness for a broad cross-section of the community.

Tolland imaging center, llc (the "center") was formed for the promotion of health for the benefit of the community in and around tolland, ct. The center will achieve its purpose by improving the quality of health care delivered to patients in the greater tolland, ct community by providing accessible and high quality medcial imaging services for the diagnosis and treatment of those patients. The center operates exclusively for charitable purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$110,877$551,595▲ $440,718
Land, Buildings, and Equipment, Net$379,371$327,010▼ $52,361
Accounts Receivable$251,896$220,428▼ $31,468
Prepaid Expenses and Deferred Charges$23,093$17,266▼ $5,827
Total Assets$795,029$1,116,299▲ $321,270
Other Assets Total$29,792$0▼ $29,792
Liabilities
Accounts Payable and Accrued Expenses$63,605$135,772▲ $72,167
Other Liabilities$166,280$43,424▼ $122,856
Total Liabilities$229,885$179,196▼ $50,689
Net Assets / Fund Balance
Unrestricted Net Assets$565,144$937,103▲ $371,959
Total Net Assets Fund Balance$565,144$937,103▲ $371,959
Total Liabilities and Net Assets / Fund Balance$795,029$1,116,299▲ $321,270

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,671$2,145,242$2,167,913
Leasehold Improvements$304,339$166,889$471,228
Other Land Buildings$0$17,694$17,694
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dennis P McconvillePresident and Vice Preside
Daniel DelgalloExecutive Director/CFO
Cynthia McclarranManager
Deborah ParkerManager
Greg WilliamsManager
Jillian MenzelManager
Stuart RosenbergManager

Highest Paid Contractors

ContractorServicesLocationCompensation
Jefferson Radiology PCRadiology111 FOUNDERS PLAZA SUITE 400, East Hartford, CT 06108$421,446
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,084,777
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$371,959
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,173,989
Salaries, Compensation, and Employee Benefits$538,829
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$456,652--$456,652
Occupancy-$140,197-$140,197
Advertising-$80,116-$80,116
Depreciation Depletion$66,790--$66,790
Office Expenses-$54,437-$54,437
All Other Expenses$41,188$12,002-$53,190
Other Expenses$44,796--$44,796
Other Employee Benefits$43,871--$43,871
Payroll Taxes$38,306--$38,306
Fees for Services Accounting-$8,150-$8,150
Interest$974--$974
Total Functional Expenses$1,417,916$294,902$0$1,712,818
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
Radiologist Payable$43,424
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The tolland imaging center is organized as a limited liability company.

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

The activities of the center will be managed by a board of managers consisting of six persons appointed by the members pursuant to the operating agreement.

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

Certain decisions of the governing body are subject to approval by the members including, changes in the membership interests, amendments to the operating agreement, merger or dissolution of the organization, additional technology or change in the professional radiology services agreement.

Form 990, Part VI, Section B, Line 11

A draft of form 990 is reviewed by the president of the organization and then the form 990, along with the president's comments, is provided to the organization's full governing body for review.

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

Each member shall annually sign a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understood the policy, agrees to comply with the policy, and understands that the organization is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Any conflicts of interest identified will be researched and resolved by the organization's president.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Form 990, Part VII

Dennis p. Mcconville - c/o echn 71 haynes street, manchester, ct 06040. Deborah parker - c/o echn 71 haynes street, manchester, ct 06040. Cynthia mcclarran - c/o wcmh 112 mansfield avenue, willimantic, ct 06226. Daniel delgallo - c/o tolland imaging center c/o echn 71 haynes street, manchester, ct 06040.

Form 990, Part VII, Section A

The llc does not compensate its officers or key employees.

Filing and Contact Details

Filer

Filer Name
Tolland Imaging Center LLC
EIN
20-8688982
Phone
8608964848
Address
6 FIELDSTONE COMMONS NO STE 6, TOLLAND, CT 06084

Signing Officer

Name
Dennis Mcconville
Title
President/vice President
Phone
8608964848
Signed
2016-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dennis Mcconville
Formed
2007
Legal Domicile
Ct
Voting Board Members
6
Independent Board Members
6
Employees
16
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Don Stevens
Phone
9592007000
Supplemental Narrative

Additional Explanations

Schedule H

The organization is not required to file schedule h because it does not meet the definition of a hospital under the requirements of schedule h. The organization is a free standing imaging center providing diagnostic testing only and does not provide treatment to its patients. Further, it is not registered or similarly recognized by the state of connecticut as a hospital.

ADDITIONAL INFORMATION:

During fiscal year 2015, the center received revenue of $271,422 from medicare and $91,455 from medicaid. Accordingly, the contractual adjustments for the center, for the same transactions, were $725,434 for medicare and $318,308 for medicaid.

Raw XML Appendix359 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.

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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RADIOLOGIST PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0327010
IRS990ScheduleD/TotalLiabilityAmt043424
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TOLLAND IMAGING CENTER IS ORGANIZED AS A LIMITED LIABILITY COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ACTIVITIES OF THE CENTER WILL BE MANAGED BY A BOARD OF MANAGERS CONSISTING OF SIX PERSONS APPOINTED BY THE MEMBERS PURSUANT TO THE OPERATING AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS INCLUDING, CHANGES IN THE MEMBERSHIP INTERESTS, AMENDMENTS TO THE OPERATING AGREEMENT, MERGER OR DISSOLUTION OF THE ORGANIZATION, ADDITIONAL TECHNOLOGY OR CHANGE IN THE PROFESSIONAL RADIOLOGY SERVICES AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A DRAFT OF FORM 990 IS REVIEWED BY THE PRESIDENT OF THE ORGANIZATION AND THEN THE FORM 990, ALONG WITH THE PRESIDENT'S COMMENTS, IS PROVIDED TO THE ORGANIZATION'S FULL GOVERNING BODY FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EACH MEMBER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTOOD THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS THAT THE ORGANIZATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. ANY CONFLICTS OF INTEREST IDENTIFIED WILL BE RESEARCHED AND RESOLVED BY THE ORGANIZATION'S PRESIDENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DENNIS P. MCCONVILLE - C/O ECHN 71 HAYNES STREET, MANCHESTER, CT 06040. DEBORAH PARKER - C/O ECHN 71 HAYNES STREET, MANCHESTER, CT 06040. CYNTHIA MCCLARRAN - C/O WCMH 112 MANSFIELD AVENUE, WILLIMANTIC, CT 06226. DANIEL DELGALLO - C/O TOLLAND IMAGING CENTER C/O ECHN 71 HAYNES STREET, MANCHESTER, CT 06040.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION IS NOT REQUIRED TO FILE SCHEDULE H BECAUSE IT DOES NOT MEET THE DEFINITION OF A HOSPITAL UNDER THE REQUIREMENTS OF SCHEDULE H. THE ORGANIZATION IS A FREE STANDING IMAGING CENTER PROVIDING DIAGNOSTIC TESTING ONLY AND DOES NOT PROVIDE TREATMENT TO ITS PATIENTS. FURTHER, IT IS NOT REGISTERED OR SIMILARLY RECOGNIZED BY THE STATE OF CONNECTICUT AS A HOSPITAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE LLC DOES NOT COMPENSATE ITS OFFICERS OR KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DURING FISCAL YEAR 2015, THE CENTER RECEIVED REVENUE OF $271,422 FROM MEDICARE AND $91,455 FROM MEDICAID. ACCORDINGLY, THE CONTRACTUAL ADJUSTMENTS FOR THE CENTER, FOR THE SAME TRANSACTIONS, WERE $725,434 FOR MEDICARE AND $318,308 FOR MEDICAID.
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 C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VII
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7SCHEDULE H
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VII, SECTION A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9ADDITIONAL INFORMATION:
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IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0795029
IRS990/TotalAssetsEOYAmt01116299
IRS990/TotalAssetsGrp/BOYAmt0795029
IRS990/TotalAssetsGrp/EOYAmt01116299
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0294902
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01417916
IRS990/TotalFunctionalExpensesGrp/TotalAmt01712818
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0229885
IRS990/TotalLiabilitiesEOYAmt0179196
IRS990/TotalLiabilitiesGrp/BOYAmt0229885
IRS990/TotalLiabilitiesGrp/EOYAmt0179196
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0565144
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0937103
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01417916
IRS990/TotalProgramServiceRevenueAmt02084777
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02084777
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02084777
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0795029
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01116299
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationOtherInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0565144
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0937103
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0C/O ECHN 71 HAYNES STREET
IRS990/USAddress/CityNm0MANCHESTER
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006040
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.TOLLANDIMAGING.COM
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DENNIS MCCONVILLE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/VICE PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08608964848
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TOLLAND IMAGING CENTER LLC
ReturnHeader/Filer/BusinessNameControlTxt0TOLL
ReturnHeader/Filer/EIN0208688982
ReturnHeader/Filer/PhoneNum08608964848
ReturnHeader/Filer/USAddress/AddressLine1Txt06 FIELDSTONE COMMONS NO STE 6
ReturnHeader/Filer/USAddress/CityNm0TOLLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006084
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221478099
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COHNREZNICK LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0350 CHURCH STREET 12TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARTFORD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006103
ReturnHeader/PreparerPersonGrp/PhoneNum09592007000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DON STEVENS
ReturnHeader/ReturnTs02016-02-01T16:29:15-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-10-01
ReturnHeader/TaxPeriodEndDt02015-09-30
ReturnHeader/TaxYr02014

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