Civic Intelligence

Emerson Practice Associates II Inc.

990 • Fiscal year 2013 • EIN 80-0482067

Oct 01, 2012 to Sep 30, 2013 • Filed on Aug 11, 2014

133 Old Road To Nine Acre Corner01742
Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$332,282

Flat from 2013

Net Assets

Flat

$0

Flat from 2013

Liabilities

Flat

$332,282

Flat from 2013

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$2,898,489

Flat from 2013

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $332,282Liabilities 2013: $332,282Net Assets 2013: $02013Assets 2013: $332,282Liabilities 2013: $332,282Net Assets 2013: $02013Assets 2014: $238,243Liabilities 2014: $238,243Net Assets 2014: $02014Assets 2015: $414,451Liabilities 2015: $414,451Net Assets 2015: $02015Assets 2016: $419,597Liabilities 2016: $419,597Net Assets 2016: $02016Assets 2017: $138,829Liabilities 2017: $138,829Net Assets 2017: $02017Assets 2018: $52,163Liabilities 2018: $52,163Net Assets 2018: $02018Assets 2019: $242,718Liabilities 2019: $242,718Net Assets 2019: $02019Assets 2020: $330,462Liabilities 2020: $330,462Net Assets 2020: $02020Assets 2021: $768,788Liabilities 2021: $768,788Net Assets 2021: $02021Assets 2022: $1,053,787Liabilities 2022: $1,053,787Net Assets 2022: $02022Assets 2023: $137,055Liabilities 2023: $137,055Net Assets 2023: $02023Assets 2024: $77,744Liabilities 2024: $77,744Net Assets 2024: $02024

Highlighted filing

2013

Assets$332,282
Liabilities$332,282
Net Assets$0

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2013: $2,898,4892013Revenue 2013: $2,898,489Expenses 2013: $2,898,489Net Income 2013: $02013Revenue 2014: $3,242,845Expenses 2014: $3,242,845Net Income 2014: $02014Revenue 2015: $3,201,612Expenses 2015: $3,201,612Net Income 2015: $02015Revenue 2016: $3,117,117Expenses 2016: $3,117,117Net Income 2016: $02016Revenue 2017: $893,182Expenses 2017: $893,182Net Income 2017: $02017Revenue 2018: $385,487Expenses 2018: $412,362Net Income 2018: -$26,8752018Revenue 2019: $356,318Expenses 2019: $419,919Net Income 2019: -$63,6012019Revenue 2020: $428,543Expenses 2020: $428,543Net Income 2020: $02020Revenue 2021: $474,313Expenses 2021: $474,313Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2013

Revenue-
Expenses$2,898,489
Net Income-
Jump To
Filing Snapshot
Filing Period
Oct 1, 2012 to Sep 30, 2013
Signed
Aug 11, 2014
Return Version
2012v2.1
Gross Receipts
$2,898,489
Mission and Program Overview

Mission

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

Filing and Contact Details

Filer

EIN
80-0482067
Raw XML AppendixShowing 400 of 584 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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IRS990ScheduleA/GeneralExplanation0SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: EMERSON PRACTICE ASSOCIATES II, INC, PROVIDES ACCESS TO HIGH QUALITY AND COST EFFECTIVE PRIMARY AND SPECIALIST CARE TO INDIVIDUALS IN THE COMMUNITIES SERVED BY EMERSON HOSPITAL AND WILL SUPPORT THE HOSPITAL BY FACILITATING THE PROVISION OF OFFSITE HEALTH CARE SERVICES IN THE HOSPITAL'S SERVICE AREA. IN KEEPING WITH THE CHARITABLE MISSION OF EMERSON HOSPITAL, MEDICALLY NECESSARY SERVICES WILL BE AVAILABLE TO ALL IN THE COMMUNITY WITHOUT REGARD TO ABILITY TO PAY.
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0CHRISTINE SCHUSTER, JOHN WILHELM,C GREGORY MARTIN, AND ROBERT TREMBLAY 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 JOHN O. WILHELM C. GREGORY MARTIN JEFFREY RILEY, M.D.
IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation1CERTAIN PHYSICIANS HAVE PRODUCTIVITY BASED COMPENSATION AGREEMENTS. THEY ARE COMPENSATED A PERCENTAGE OF THEIR WORKLOAD UNITS AS DETERMINED BY NATIONAL AND REGIONAL FAIR MARKET VALUE STANDARDS. NO PHYSICIAN RECEIVES COMPENSATION BASED ON THE ORGANIZATION'S PROFITABILITY.
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IRS990ScheduleJ/Form990ScheduleJPartII/Title4PHYSICIAN
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IRS990ScheduleJ/Form990ScheduleJPartII/Title6PHYSICIAN
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IRS990/ScheduleJRequired01
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IRS990ScheduleO/GeneralExplanation/Explanation0EMERSON HOSPITAL, INC ACTING THROUGH ITS BOARD OF DIRECTORS IS THE MEMEBER FOR EMERSON PRACTICE ASSOCIATES II.
IRS990ScheduleO/GeneralExplanation/Explanation1THE NUMBER AND THE COMPOSITION OF THE BOARD OF DIRECTORS IS FIXED ANNUALLY BY THE MEMBER, EMERSON HOSPITAL.
IRS990ScheduleO/GeneralExplanation/Explanation2THE NUMBER AND COMPOSITION OF THE BOARD OF DIRECTORS IS FIXED ANNUALLY BY THE MEMBER, EMERSON HOSPITAL.
IRS990ScheduleO/GeneralExplanation/Explanation3THE 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/GeneralExplanation/Explanation4THE 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 EVLAUATING ANY CONFLICT OF INTEREST AND DETERMINING THE TREATMENT OF THE SITUATION ACCORDING TO BOARD POLICY.
IRS990ScheduleO/GeneralExplanation/Explanation5SOME OF THE OFFICERS OF EMERSON PRACTICE ASSOCIATES II ARE EMPLOYED BY EMERSON HOSPITAL. THE 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 OF EMERSON HOSPITAL 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 A DISQUALIFIED INDIVIDUAL.
IRS990ScheduleO/GeneralExplanation/Explanation6THE FORM 990 IS AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORMS 1023 AND 990 ARE ALSO AVAILABLE UPON REQUEST TO THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation7EMERSON PRACTICE ASSOCIATE'S II BY-LAWS ARE AVAILABLE ON THE MASSACHUSETTS SECRETARY OF STATE'S WEBISTE. CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION A, LINE 7B

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.$0.08$0.08$0.00$0.00$0.00$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.14$0.00$0.00$0.00$0.00
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$1.05$0.00$0.00$0.00$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.77$0.00$0.47$0.47$0.00
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.33$0.00$0.43$0.43$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.24$0.00$0.36$0.42$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.05$0.00$0.39$0.41$0.03
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.14$0.00$0.89$0.89$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.00$3.12$3.12$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.41$0.00$3.20$3.20$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.24$0.00$3.24$3.24$0.00
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.33$0.00$2.90
2013Summary only. Only limited summary data is available for this year.$0.33$0.33$0.00$2.90$2.90$0.00