Civic Intelligence

Lgh Charitable Trust Inc.

990 • Fiscal year 2019 • EIN 22-2586814

Oct 01, 2018 to Sep 30, 2019 • Filed on Aug 14, 2020

Organization ProfileWWW.LAWRENCEGENERAL.ORG
1 General StreetLawrence, MA 01841

(978) 683-4000

Siviq Scores

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

Liabilities / Assets

79th percentile

0.65x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

99th percentile

29.71x

Higher debt load relative to revenue than 99% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

2nd percentile

-105%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$788,175

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 61.6% of source-year revenue.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

40th percentile

2.2%

Faster asset growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

40th percentile

1.0%

Faster revenue growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets79th percentile

Assets

Flat

$58,815,000

Flat from 2019

Net Assets

Flat

$20,767,000

Flat from 2019

Liabilities

Flat

$38,048,000

Flat from 2019

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin2nd percentile

Revenue

Flat

$1,280,448

Flat from 2019

Expenses

Flat

$2,621,038

Flat from 2019

Net Income

Flat

-$1,340,590

Flat from 2019

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$80M$60M$40M$20M$0Assets 2011: $22,209,337Liabilities 2011: $23,876Net Assets 2011: $22,185,4612011Assets 2012: $23,988,071Liabilities 2012: $142,385Net Assets 2012: $23,845,6862012Assets 2013: $24,866,517Liabilities 2013: $1,563Net Assets 2013: $24,864,9542013Assets 2014: $26,412,508Liabilities 2014: $258,403Net Assets 2014: $26,154,1052014Assets 2015: $26,074,187Liabilities 2015: $851,629Net Assets 2015: $25,222,5582015Assets 2016: $53,633,399Liabilities 2016: $26,897,677Net Assets 2016: $26,735,7222016Assets 2017: $59,720,111Liabilities 2017: $32,255,655Net Assets 2017: $27,464,4562017Assets 2018: $57,562,384Liabilities 2018: $35,992,265Net Assets 2018: $21,570,1192018Assets 2019: $58,815,000Liabilities 2019: $38,048,000Net Assets 2019: $20,767,0002019Assets 2019: $58,815,000Liabilities 2019: $38,048,000Net Assets 2019: $20,767,0002019Assets 2020: $63,734,000Liabilities 2020: $41,924,000Net Assets 2020: $21,810,0002020Assets 2021: $63,515,000Liabilities 2021: $32,388,000Net Assets 2021: $31,127,0002021Assets 2022: $60,348,000Liabilities 2022: $32,575,000Net Assets 2022: $27,773,0002022Assets 2023: $64,208,000Liabilities 2023: $34,835,000Net Assets 2023: $29,373,0002023Assets 2024: $70,576,000Liabilities 2024: $38,290,000Net Assets 2024: $32,286,0002024

Highlighted filing

2019

Assets$58,815,000
Liabilities$38,048,000
Net Assets$20,767,000
Open 2019 Filing

Operations Trend

Revenue Growth40th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $2,4292011Expenses 2012: $372,8162012Expenses 2013: $427,7722013Revenue 2014: $1,907,645Expenses 2014: $840,494Net Income 2014: $1,067,1512014Revenue 2015: $2,954,540Expenses 2015: $1,167,318Net Income 2015: $1,787,2222015Revenue 2016: $2,257,008Expenses 2016: $955,932Net Income 2016: $1,301,0762016Revenue 2017: $3,123,892Expenses 2017: $1,219,066Net Income 2017: $1,904,8262017Revenue 2018: $1,268,070Expenses 2018: $2,170,356Net Income 2018: -$902,2862018Revenue 2019: $1,280,448Expenses 2019: $2,621,038Net Income 2019: -$1,340,5902019Revenue 2019: $1,280,448Expenses 2019: $2,621,038Net Income 2019: -$1,340,5902019Revenue 2020: $3,737,344Expenses 2020: $2,626,748Net Income 2020: $1,110,5962020Revenue 2021: $5,706,308Expenses 2021: $2,034,370Net Income 2021: $3,671,9382021Revenue 2022: $2,802,837Expenses 2022: $2,303,523Net Income 2022: $499,3142022Revenue 2023: $3,546,428Expenses 2023: $2,127,886Net Income 2023: $1,418,5422023Revenue 2024: $2,521,981Expenses 2024: $2,369,017Net Income 2024: $152,9642024

Highlighted filing

2019

Revenue$1,280,448
Expenses$2,621,038
Net Income-$1,340,590
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Aug 14, 2020
Return Version
2018v3.3
Gross Receipts
$3,552,820
Mission and Program Overview

Mission

To promote and encourage philanthropic support for the delivery of comprehensive health care to patients across the merrimack valley region by ensuring access to high-quality care, the latest technologies and caring, personalized treatment.

To promote and encourage philanthropic support for the delivery of comprehensive health care to patients across the Merrimack Valley region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$25,908,052$25,908,000▼ $52
Investments in Publicly Traded Securities$15,953,484$16,629,000▲ $675,516
Pledges and Grants Receivable$900,362$753,000▼ $147,362
Cash and Non-Interest-Bearing Accounts$276,555$348,000▲ $71,445
Prepaid Expenses and Deferred Charges$15,928$20,000▲ $4,072
Land, Buildings, and Equipment, Net$100$0▼ $100
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$57,562,384$58,815,000▲ $1,252,616
Other Assets Total$14,507,903$15,157,000▲ $649,097
Liabilities
Mortgage Notes Payable Secured by Investment Property$33,870,000$33,280,000▼ $590,000
Other Liabilities$2,078,854$4,362,000▲ $2,283,146
Accounts Payable and Accrued Expenses$43,411$406,000▲ $362,589
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$35,992,265$38,048,000▲ $2,055,735
Net Assets / Fund Balance
Unrestricted Net Assets$19,757,368$18,355,000▼ $1,402,368
Temporarily Rstr Net Assets$1,812,751$2,412,000▲ $599,249
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$21,570,119$20,767,000▼ $803,119
Total Liabilities and Net Assets / Fund Balance$57,562,384$58,815,000▲ $1,252,616

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,175,000--
Compensation and Service Providers
Top Officer Pay82nd percentile

Board Members and Trustees

NameTitle
Ronald J PollinaChairman (dec 17 - Dec 18)
Jonathan IsaacsonChairman (dec 18 - On)
Deborah J WilsonPresident & CEO (11/19 - On)
Dianne J AndersonPRESIDENT & CEO (Until 11/19)
Cheryl K NealTrustee (dec 17 - Dec 18)
Cynthia PhelanCorp. Asst. Secretary & VP
Dennis ConlinSecretary/clerk (dec 18 - On)
Robert Gilbert EsqSecretary/clerk (until Dec 18)
Dana J MarksTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Lawrence General Hospitalmanagement services1 General Street, Lawrence, MA 01841$449,261
Revenue and Support

Revenue Composition

Contributions and Grants
$865,000
Program Service Revenue
$0
Investment Income
$415,448
Other Revenue
$0
All Other Contributions
$865,000
Change in Net Assets
$-1,340,590

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential1$306,000Fair Market Value
Total Noncash Contributions1$306,000-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,280,448
Revenue Not Reported on Form 990
$323,130
Total Revenue per Audited Statements
$1,603,578
Total Revenue per Form 990
$1,280,448
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,621,038
Total Fundraising Expense$939,828
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$1,656,337-$1,656,337
Fees for Services Management--$825,277$825,277
Other Expenses--$51,072$51,072
Office Expenses--$33,095$33,095
Depreciation Depletion-$24,873-$24,873
Occupancy--$22,757$22,757
Advertising--$7,325$7,325
Travel--$302$302
Total Functional Expenses$0$1,681,210$939,828$2,621,038

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,685,168
Expenses per Audited Statements$2,621,038
Total Expenses per Form 990$2,621,038
Expenses Not Reported on Form 990$64,130
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliate$4,362,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
AMass Development Series 2016A2016-02-11$20,000,000Construction of new surgical build
BMass Development Series 2016B2016-02-11$10,000,000Construction of new surgical build

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$20,000,000$0$20,000,000$934,250
B$10,000,000$0$10,000,000$0

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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 B, Line 11:

“Form 990 is prepared and reviewed by the organization's external accountant and subsequently reviewed by the controller and the organization's cfo. Once complete, the form and all schedules are made available to the board of trustees for review. The organization's cfo and executive vice president are available to faciliatate the review as well as answer any questions regarding the form.”

Form 990 Part VI Section B Line 12C

“ON an annual basis, the parent company (Lawrence General Hospital) of LGH Charitable Trust, Inc. distributes a conflict of interest policy to the Board of Trustees. The members are required to disclose, in writing, any potential conflict that they are aware of.”

Form 990, Part VI, Section B, Line 15:

“The parent company CEO's compensation is reiewed and approved by an executive compensation committee of the board of trustees. The compensation for EVP and CFO are determined by the CEO and reviewed by an exexutive compensation committee of the board of trustees. Independent surveys are also performed to determine salary reasonableness.”

Form 990, Part VI, Section C, Line 18:

“The organization makes all documents available to the general public upon request. The Form 990 is also available on the website of the Massachusetts' Attorney General and through www.guidestar.org.”

Form 990, Part VI, Section C, Line 19:

“The organization makes all documents available to the general public upon request.”

Form 990, Part VII, Board of Directors:

“Subsequent to the end of fiscal year 2019 and before the filing of the 2018 tax returns, Dianne J. Anderson, President & CEO left the organization in November, 2019 and Deborah J. Wilson, Corporation Assistant Treasurer & Executive VP was promoted to President & CEO and will be reported as such on this 2018 tax filing.”

Filing and Contact Details

Filer

Filer Name
LGH Charitable Trust Inc
EIN
22-2586814
In Care Of
% FELIX MERCADO CFO
Phone
9786834000
Address
1 General Street, Lawrence, MA 01841

Signing Officer

Name
Deborah J Wilson
Title
President & CEO
Phone
9786834000
Signed
2020-08-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah J Wilson
Formed
1984
Legal Domicile
Ma
Voting Board Members
6
Independent Board Members
3
Employees
0
Volunteers
9

Preparer

Firm
Bdo USA Llp
Address
ONE INTERNATIONAL PLACE, BOSTON, MA 02110
Preparer
Brian Vigneault
Phone
6174220700
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line I:

“By ensuring access to high-quality care, the latest technologies and caring, personalized treatment.”

Form 990, Part XI, Line 9:

“Reconciliation of net assets Net asset transfer to LGH ($179,000) OTHER $457,471 TOTAL $278,471”

Financial Statement Notes

Part X Line 2

“The organization annually evaluates its tax status and tax positions taken with respect to its operations and financials position. Under asc 740, an organization must recognize the financial statement effects of a tax position taken for tax return purposes when it is more likely than not that the position will not be sustained upon examination by a taxing authority. The organization does not believe it has taken any material uncertain tax positions, and, accordingly, it has not recorded any liability for unrecognized tax benefits.”

Raw XML AppendixShowing 400 of 831 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt043411
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0406000
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To promote and encourage philanthropic support for the delivery of comprehensive health care to patients across the Merrimack Valley region.
IRS990/AdvertisingGrp/FundraisingAmt07325
IRS990/AdvertisingGrp/TotalAmt07325
IRS990/AllOtherContributionsAmt0865000
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0FELIX MERCADO CFO
IRS990/BooksInCareOfDetail/PhoneNum09786834000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01 GENERAL STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0LAWRENCE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001841
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0276555
IRS990/CashNonInterestBearingGrp/EOYAmt0348000
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0true
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt0449261
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt01 General Street
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LAWRENCE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd001841
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0Lawrence General Hospital
IRS990/ContractorCompensationGrp/ServicesDesc0management services
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0865000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0415448
IRS990/CYOtherExpensesAmt02621038
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1340590
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt02621038
IRS990/CYTotalFundraisingExpenseAmt0939828
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01280448
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt00
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt024873
IRS990/DepreciationDepletionGrp/TotalAmt024873
IRS990/Desc0TO PROMOTE AND ENCOURAGE PHILANTHROPIC SUPPORT FOR THE DELIVERY OF COMPREHENSIVE HEALTH CARE TO PATIENTS ACROSS THE MERRIMACK VALLEY REGION BY ENSURING ACCESS TO HIGH-QUALITY CARE, THE LATEST TECHNOLOGIES AND CARING, PERSONALIZED TREATMENT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/FundraisingAmt0825277
IRS990/FeesForServicesManagementGrp/TotalAmt0825277
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt336.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt450.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt81.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt144826
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt328013
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt426236
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0RONALD J POLLINA
IRS990/Form990PartVIISectionAGrp/PersonNm1DIANNE J ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm2DANA J MARKS
IRS990/Form990PartVIISectionAGrp/PersonNm3DEBORAH J WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm4CYNTHIA PHELAN
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT GILBERT ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm6DENNIS CONLIN
IRS990/Form990PartVIISectionAGrp/PersonNm7JONATHAN ISAACSON
IRS990/Form990PartVIISectionAGrp/PersonNm8CHERYL K NEAL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1743349
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3362101
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4262683
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN (DEC 17 - DEC 18)
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & CEO (Until 11/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3President & CEO (11/19 - On)
IRS990/Form990PartVIISectionAGrp/TitleTxt4CORP. ASST. SECRETARY & VP
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/CLERK (UNTIL DEC 18)
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY/CLERK (DEC 18 - ON)
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIRMAN (DEC 18 - ON)
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE (DEC 17 - DEC 18)
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01984
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GainOrLossGrp/SecuritiesAmt014448
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02286820
IRS990/GrossReceiptsAmt03552820
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt01656337
IRS990/InterestGrp/TotalAmt01656337
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt0401000
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0401000
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt015953484
IRS990/InvestmentsPubTradedSecGrp/EOYAmt016629000
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05250
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0100
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt05250
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02272372
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROMOTE AND ENCOURAGE PHILANTHROPIC SUPPORT FOR THE DELIVERY OF COMPREHENSIVE HEALTH CARE TO PATIENTS ACROSS THE MERRIMACK VALLEY REGION BY ENSURING ACCESS TO HIGH-QUALITY CARE, THE LATEST TECHNOLOGIES AND CARING, PERSONALIZED TREATMENT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt033870000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt033280000
IRS990/NetAssetsOrFundBalancesBOYAmt021570119
IRS990/NetAssetsOrFundBalancesEOYAmt020767000
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt014448
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt014448
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0259000
IRS990/NoncashContributionsAmt0308500
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/FundraisingAmt022757
IRS990/OccupancyGrp/TotalAmt022757
IRS990/OfficeExpensesGrp/FundraisingAmt033095
IRS990/OfficeExpensesGrp/TotalAmt033095
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt014507903
IRS990/OtherAssetsTotalGrp/EOYAmt015157000
IRS990/OtherChangesInNetAssetsAmt0278471
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0MISC
IRS990/OtherExpensesGrp/FundraisingAmt051072
IRS990/OtherExpensesGrp/TotalAmt051072
IRS990/OtherLiabilitiesGrp/BOYAmt02078854
IRS990/OtherLiabilitiesGrp/EOYAmt04362000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt025908052
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt025908000
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0900362
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0753000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt015928
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020000
IRS990/PrincipalOfficerNm0DEBORAH J WILSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0904250
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0363820
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt02170356
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-902286
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02170356
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01268070
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1340590
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0865000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0904250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01646000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0941875
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01646023
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06003148
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0401000
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0317323
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0329785
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0218415
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0202752
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01469275
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.77320
IRS990ScheduleA/PublicSupportPY170Pct00.75470
IRS990ScheduleA/PublicSupportTotal170Amt05777660
IRS990ScheduleA/SubstantialContributorsTotAmt0225488
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0865000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0904250
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01646000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0941875
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01646023
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06003148
IRS990ScheduleA/TotalSupportAmt07472423
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt064130
IRS990ScheduleD/DonatedServicesUseFcltsAmt064130
IRS990ScheduleD/ExpensesNotReportedAmt064130
IRS990ScheduleD/ExpensesSubtotalAmt02621038
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0259000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt010902000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11421000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21026000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3633000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt41175000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN AFFILIATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TEMPORARILY RESTRICTED CASH
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3LGH INTEREST IN REAL ESTATE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4LT INTEREST RECEIVABLE-LGHAS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04362000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt0323130
IRS990ScheduleD/RevenueSubtotalAmt01280448
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION ANNUALLY EVALUATES ITS TAX STATUS AND TAX POSITIONS TAKEN WITH RESPECT TO ITS OPERATIONS AND FINANCIALS POSITION. UNDER ASC 740, AN ORGANIZATION MUST RECOGNIZE THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE ORGANIZATION DOES NOT BELIEVE IT HAS TAKEN ANY MATERIAL UNCERTAIN TAX POSITIONS, AND, ACCORDINGLY, IT HAS NOT RECORDED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X Line 2
IRS990ScheduleD/TotalBookValueOtherAssetsAmt015157000
IRS990ScheduleD/TotalExpensesPerForm990Amt02621038
IRS990ScheduleD/TotalLiabilityAmt04362000
IRS990ScheduleD/TotalRevenuePerForm990Amt01280448
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01603578
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02685168
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$58,815,000
Liabilities
$38,048,000
Net assets
$20,767,000
Revenue
$1,280,448
Expenses
$2,621,038
Net income
-$1,340,590
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.6$38.3$32.3$2.52$2.37$0.15
2023Summary only. Only limited summary data is available for this year.$64.2$34.8$29.4$3.55$2.13$1.42
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$60.3$32.6$27.8$2.80$2.30$0.50
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.5$32.4$31.1$5.71$2.03$3.67
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$63.7$41.9$21.8$3.74$2.63$1.11
2019Detailed filing. Detailed filing data is available for this year.$58.8$38.0$20.8$1.28$2.62$1.34
2019Summary only. Only limited summary data is available for this year.$58.8$38.0$20.8$1.28$2.62$1.34
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.6$36.0$21.6$1.27$2.17$0.90
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.7$32.3$27.5$3.12$1.22$1.90
2016Detailed filing. Detailed filing data is available for this year.$53.6$26.9$26.7$2.26$0.96$1.30
2015Detailed filing. Detailed filing data is available for this year.$26.1$0.85$25.2$2.95$1.17$1.79
2014Detailed filing. Detailed filing data is available for this year.$26.4$0.26$26.2$1.91$0.84$1.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.9$0.00$24.9$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$24.0$0.14$23.8$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$22.2$0.02$22.2$0.00