Civic Intelligence

Faculty Practice Foundation Inc & Affiliates

990 • Fiscal year 2018 • EIN 90-0513372

Jul 01, 2017 to Jun 30, 2018 • Filed on May 13, 2019

One Boston Medical Center PlaceBoston, MA 02118

(617) 638-8000

Siviq Scores

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

Liabilities / Assets

48th percentile

0.30x

Higher debt load relative to assets than 48% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Liabilities / Revenue

7th percentile

0.07x

Higher debt load relative to revenue than 7% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Net Margin

22nd percentile

-0.5%

Higher net margin than 22% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

16th percentile

-3.8%

Faster asset growth than 16% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Revenue Growth

26th percentile

-0.7%

Faster revenue growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2017 to 2018

Assets

Down

$89,336,627

Down $3,502,950 (-3.8%) from 2017

Net Assets

Up

$62,642,265

Up $702,572 (+1.1%) from 2017

Liabilities

Down

$26,694,362

Down $4,205,522 (-14%) from 2017

Revenue

Down

$388,751,730

Down $2,888,544 (-0.7%) from 2017

Expenses

Up

$390,544,612

Up $5,216,184 (+1.4%) from 2017

Net Income

Down

-$1,792,882

Down $8,104,728 (-128%) from 2017

Historical Trend

Balance Sheet Trend

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

$100M$50M$0Assets 2010: $82,410,801Liabilities 2010: $27,448,703Net Assets 2010: $54,962,0982010Assets 2011: $75,090,269Liabilities 2011: $18,046,769Net Assets 2011: $57,043,5002011Assets 2012: $74,311,871Liabilities 2012: $23,898,544Net Assets 2012: $50,413,3272012Assets 2013: $75,975,238Liabilities 2013: $23,314,386Net Assets 2013: $52,660,8522013Assets 2014: $79,166,680Liabilities 2014: $20,012,036Net Assets 2014: $59,154,6442014Assets 2015: $85,075,907Liabilities 2015: $31,334,559Net Assets 2015: $53,741,3482015Assets 2016: $89,663,744Liabilities 2016: $32,580,057Net Assets 2016: $57,083,6872016Assets 2017: $92,839,577Liabilities 2017: $30,899,884Net Assets 2017: $61,939,6932017Assets 2018: $89,336,627Liabilities 2018: $26,694,362Net Assets 2018: $62,642,2652018Assets 2019: $88,623,010Liabilities 2019: $25,098,810Net Assets 2019: $63,524,2002019Assets 2020: $86,602,730Liabilities 2020: $27,901,927Net Assets 2020: $58,700,8032020Assets 2021: $96,526,141Liabilities 2021: $29,483,406Net Assets 2021: $67,042,7352021Assets 2022: $96,334,026Liabilities 2022: $33,750,283Net Assets 2022: $62,583,7432022Assets 2023: $90,825,842Liabilities 2023: $25,979,788Net Assets 2023: $64,846,0542023Assets 2024: $98,195,940Liabilities 2024: $33,611,916Net Assets 2024: $64,584,0242024

Highlighted filing

2018

Assets$89,336,627
Liabilities$26,694,362
Net Assets$62,642,265

Operations Trend

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

$600M$400M$200M$0-$200MExpenses 2010: $283,729,6212010Expenses 2011: $332,191,9042011Expenses 2012: $332,127,3522012Expenses 2013: $342,101,2922013Revenue 2014: $356,403,547Expenses 2014: $351,869,044Net Income 2014: $4,534,5032014Revenue 2015: $339,414,756Expenses 2015: $344,678,587Net Income 2015: -$5,263,8312015Revenue 2016: $365,892,079Expenses 2016: $364,447,505Net Income 2016: $1,444,5742016Revenue 2017: $391,640,274Expenses 2017: $385,328,428Net Income 2017: $6,311,8462017Revenue 2018: $388,751,730Expenses 2018: $390,544,612Net Income 2018: -$1,792,8822018Revenue 2019: $389,978,596Expenses 2019: $390,788,354Net Income 2019: -$809,7582019Revenue 2020: $418,419,019Expenses 2020: $423,811,179Net Income 2020: -$5,392,1602020Revenue 2021: $409,797,243Expenses 2021: $409,334,309Net Income 2021: $462,9342021Revenue 2022: $458,441,179Expenses 2022: $462,120,994Net Income 2022: -$3,679,8152022Revenue 2023: $497,729,032Expenses 2023: $498,398,370Net Income 2023: -$669,3382023Revenue 2024: $535,490,887Expenses 2024: $542,670,652Net Income 2024: -$7,179,7652024

Highlighted filing

2018

Revenue$388,751,730
Expenses$390,544,612
Net Income-$1,792,882
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 13, 2019
Return Version
2017v2.3
Gross Receipts
$388,753,446
Mission and Program Overview

Mission

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$38,463,241$39,879,494▲ $1,416,253
Accounts Receivable$16,724,568$21,301,897▲ $4,577,329
Cash and Non-Interest-Bearing Accounts$17,949,499$15,603,307▼ $2,346,192
Land, Buildings, and Equipment, Net$2,786,011$2,605,291▼ $180,720
Savings and Temporary Cash Investments$2,123,671$217,112▼ $1,906,559
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants 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
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$92,839,577$89,336,627▼ $3,502,950
Other Assets Total$14,792,587$9,729,526▼ $5,063,061
Liabilities
Accounts Payable and Accrued Expenses$20,600,920$16,297,242▼ $4,303,678
Other Liabilities$10,298,964$10,397,120▲ $98,156
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$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$30,899,884$26,694,362▼ $4,205,522
Net Assets / Fund Balance
Unrestricted Net Assets$61,939,693$62,642,265▲ $702,572
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$61,939,693$62,642,265▲ $702,572
Total Liabilities and Net Assets / Fund Balance$92,839,577$89,336,627▼ $3,502,950

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,756,458$8,227,554$9,984,012
Leasehold Improvements$507,502$2,094,727$2,602,229
Other Land Buildings$341,331$1,124,155$1,465,486
Other Assets Org$314,741--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tony Tannoury MDProfessor/Physician - OrthoFT$861,818$1,333,719$2,195,537
William Creevy MDPres - FPF, Prof/Phys - OrthoPT$529,256$615,309$1,144,565
Paul Tornetta MDPres/Treas/Clerk/Director - OrthoFT$552,945$431,850$984,795
Chadi Tannoury MDPhysician - OrthoFT$576,719$407,944$984,663
Xinning Li MDPhysician - OrthoFT$542,179$407,358$949,537
James Holsapple MDPrs/Trs/Clrk/DirNeurosurgFT$636,107$305,459$941,566
Eric Smith MDPhysician - OrthoFT$532,500$402,174$934,674
David Coleman MDPres/Treas/Director - EMFFT$564,437$204,195$768,632
Jorge Soto MDPres/Director - RadioFT$518,095$197,798$715,893
Rhoda Alani MDPres/Director - DermFT$542,096$158,422$700,518
Stephen Christiansen MDPres/Treas/Clerk/Director - EyeFT$522,353$165,388$687,741
Minh-Tam Truong MDPres/Dir/Treas/Clerk - Rad OncFT$650,576$33,443$684,019
Jonathan Olshaker MDPres/Treas/Clerk/Director - ERFT$521,038$140,944$661,982
Daniel Remick MDPres/Dir/Clerk - PathFT$508,003$153,888$661,891
Keith Lewis MDPres/Treas/Clerk/Director - AnesFT$522,363$138,488$660,851
David Henderson MDPres/Treas/Clerk/Director - PsychFT$615,596$33,840$649,436
Richard Babayan MDPres/Treas/Clerk/Director - UrologyFT$479,885$162,034$641,919
Jacob Noordzij MDClerk - OtoFT$313,046$260,293$573,339
Scott Duncan MDFMR Pres/Trs/Clrk/Director - OrthoFT$528,542$569,709$569,709
Robert Vinci MDDir/Clerk/Pres - CHFFT$472,520$96,110$568,630
Aviva Lee-Parritz MDPresident/Director - ObgynFT$452,242$113,116$565,358
David McAneny MDFMR Dir/Pr/Tr/CLK-CTS/PS/SA/GSFT$386,686$174,709$561,395
Gregory Grillone MDPres/Director - OtoFT$418,964$101,220$520,184
Kenneth Grundfast MDPres/Director - Oto (Until 7/20/17)FT$385,496$120,834$506,330
Brian Jack MDPr/Tr/CLK/Dr-F MED (U 6/30/18)FT$403,125$63,451$466,576
Jennifer Tseng MDDir/Prs/Trs/Clrk-CT/PS/SA/GSFT$417,511$46,794$464,305
Joanna Piechniczek-Buczek MDFMR Dir/Pres/Tres/Clerk- PsychFT$263,046$179,294$442,340
Ilse Castro-Aragon MDClerk/Director - RadioFT$290,881$150,101$440,982
Jaroslaw Tkacz MDTreasurer/Director - RadioFT$308,086$131,025$439,111
Manju Subramanian MDDirector - EyeFT$284,646$114,556$399,202
Ronald Iverson MDDirector - ObgynFT$273,946$91,414$365,360
David Greer MDPres/Treas/Director - Rehab/NeuroFT$322,020$27,930$349,950
Paul Hendessi MDDirector - ObgynFT$271,048$74,371$345,419
Christopher Andry PhDTreasurer/Director - PathFT$222,436$102,695$325,131
Darrell Kotton MDDirector - EMFFT$270,325$47,871$318,196
Marie Saint-Hilaire MDFMR Pres/Treas/Director - NeuroFT$235,307$68,693$304,000
Claudia Hochberg MDDirector - EMFFT$263,745$32,494$296,239
Frederick Ruberg MDDirector - EMFFT$236,521$58,921$295,442
Naomi Hamburg MDDirector - EMFFT$249,246$32,873$282,119
Katharine White MDDirector - ObgynFT$227,319$37,268$264,587
Padmasini Kandadai MDDirector - ObgynFT$219,756$36,087$255,843
Raja Sayegh MDDirector - ObgynFT$195,280$57,788$253,068
Natasha Hochberg MDDirector - EMFFT$166,030$48,150$214,180
Victoria Bolotina MDDirector - EMFFT$176,862$35,294$212,156
Julie Mottl-Santiago CNMDirector - ObgynFT$132,035$65,772$197,807
Susannah Rowe MDDirector - EyeFT$143,103$38,118$181,221
Jason SilverTreas/Clerk - DermFT$142,338$21,210$163,548
Shruthi Mahalingaiah MDDirector - ObgynFT$145,786$17,757$163,543
Gerald Denis MDDirector - EMFFT$124,815$15,873$140,688
Carol BoudrotClerk - ObgynFT-$76,559$76,559
Edward Feinberg MDDirector - EyePT$6,727$6,235$12,962

Board Members and Trustees

NameTitle
Lynn FairbankFMR Treas - Oto
David BeckSee Sch. O Disclosure
Ted ConstanTreas - Obgyn, Dir/Treas - CHF
Carlos Arellano MDTreasurer - Oto

Highest Paid Contractors

ContractorServicesLocationCompensation
Anesthesia Associates of MassManagement Services960 Canton Street, Westwood, MA 02090$8,945,055
PST Services IncBilling Services10 Mollison Way, Lewiston, ME 04240$4,923,989
Children's Hospital of BostonPhysician Services300 Longwood Avenue, Boston, MA 02215$1,008,829
BU Payroll ProcessingBilling Services881 Commonwealth Avenue, Boston, MA 02215$907,342
Optum360 LLCBilling Services3436 Momentum Place, Chicago, IL 60589$582,079
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$387,449,643
Investment Income
$1,302,087
Other Revenue
$0
Change in Net Assets
$-1,792,882
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$299,633,388
Other Expenses$90,767,024
Grants and Similar Amounts Paid$144,200
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$188,951,478$37,777,764-$226,729,242
Other Employee Benefits$43,325,290$9,183,442-$52,508,732
Payments to Affiliates$23,404,725$761,055-$24,165,780
Current Officers, Directors, Trustees, and Key Employees$14,774,470$2,531,059$0$17,305,529
Fees for Services Other$15,024,681$2,023,033-$17,047,714
Insurance$4,339,410$816,017-$5,155,427
Office Expenses$3,217,559$718,794-$3,936,353
All Other Expenses$2,522,878$450,219-$2,973,097
Comp Disqual Persons$2,354,081$459,598-$2,813,679
Conferences and Meetings$1,858,318$372,892-$2,231,210
Occupancy$1,361,286$331,313-$1,692,599
Other Expenses$1,335,109$158,274-$1,335,109
Travel$690,231$138,794-$829,025
Depreciation Depletion$580,513$179,440-$759,953
Fees for Service Investment Mgmnt Fees-$545,041-$545,041
Information Technology$375,245$73,695-$448,940
Payroll Taxes$198,886$39,315-$238,201
Fees for Services Management-$197,390-$197,390
Grants to Domestic Orgs$144,200--$144,200
Advertising$125,303$17,751-$143,054
Pension Plan Contributions$30,665$7,340-$38,005
Fees for Services Legal-$31,973-$31,973
Interest$7,562$1,408-$8,970
Total Functional Expenses$333,729,005$56,815,607$0$390,544,612
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Boston Medical CenterBoston, MA501(c)(3)General Support$91,900
Trustees of Boston UniversityBoston, MA501(c)(3)General Support$22,500
Orthopaedic ResearchRosemont, IL501(c)(3)General Support$9,500
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
Subject to proxy tax
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 Affiliates$9,210,842
Long Term Portion of Due to Related Parties$966,622
Long Term Capital Lease Obligation$219,656
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 A, Line 2

Claudia Hochberg and Natasha Hochberg have a family relationship. They are each directors of Evans Medical Foundation, Inc., an affiliate of Faculty Practice Foundation, Inc. FORM 990, PART VI, SECTION A, LINE 6 WITH THE EXCEPTION OF THOSE LISTED BELOW, THE SOLE MEMBER OF THE ORGANIZATION IS FACULTY PRACTICE FOUNDATION, INC. BU SURGICAL ASSOCIATES IS THE SOLE MEMBER OF THE FOLLOWING: - BOSTON UNIVERSITY CARDIAC AND THORACIC SURGICAL FOUNDATION, INC. - BOSTON UNIVERSITY GENERAL SURGICAL ASSOCIATES, INC. - BOSTON UNIVERSITY NEUROSURGICAL ASSOCIATES, INC. - BOSTON UNIVERSITY ORTHOPAEDIC SURGICAL ASSOCIATES, INC. - BOSTON UNIVERSITY PLASTIC SURGERY ASSOCIATES, INC. - BOSTON UNIVERSITY MEDICAL CENTER UROLOGISTS, INC. - BUMC OTOLARYNGOLOGIC FOUNDATION, INC.

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

Certain actions must be approved by the organization's sole corporate member, as set forth in the bylaws, including adoption of the budget, any merger, consolidation, liquidation or dissolution, any capital transaction, and incurrence of debt.

Form 990, Part VI, Section B, Line 11B

Prior to the filing of the form 990 with the irs, the form 990 was prepared by our outside tax consultants and reviewed by internal management. The audit and compliance committee of the boston medical center board of trustees then reviewed the return. Each member of the board of each plan was provided a copy of the final form 990 prior to filing.

Form 990, Part VI, Section B, Line 12

Conflict of interest questionnaires for the fiscal year ending june 30, 2018 were distributed on march 13, 2019 by the compliance and legal services department. The chief compliance officer queries trustees, officers, and directors on at least an annual basis regarding relationships that may create potential conflicts of interest. The chief compliance officer reviews all disclosures and determines whether there are actual or potential conflicts of interest. The chief compliance officer advises the board of trustees and officers of the corporation accordingly.

Form 990, Part VI, Section B, Lines 15 A&B

A committee composed of the president and ceo of boston medical center and the dean of boston university school of medicine, the foundation's corporate members, approves the compensation for certain physician executives. A meeting of the committee was held to review and approve the fy2018 proposed compensation for the physician executives serving as presidents of the plans as well as the executive who serves as the department chair of anesthesia. For fy2018 the salary of each of the physician executives under consideration was provided to the committee. The committee evaluated and relied upon comparable data in making its decision. The comparable data consisted of compensation survey information from the association of american medical colleges for each specialty where available, listing both the fiftieth and seventy-fifth salary percentiles. The proposed compensation as submitted or amended by the committee was voted upon by the committee. The committee's assessment of these considerations is contained in the official minutes.

Form 990, Part VI, Section C, Line 19

The plans do not make their governing documents or conflict of interest policy available to the public. The financial statements are made available through the massachusetts attorney general's office.

Form 990, Part VII, Line 43

David beck is assistant clerk for all reporting entities except evans medical foundation. For evans, he serves as clerk.

Filing and Contact Details

Filer

Filer Name
Faculty Practice Foundation
EIN
90-0513372
In Care Of
% MARY BETH MOLLOY
Phone
6176388000
Address
One Boston Medical Center Place, BOSTON, MA 02118

Signing Officer

Name
William R Creevy Md
Title
President
Phone
6176388000
Signed
2019-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William R Creevy Md
Formed
1994
Legal Domicile
Ma
Voting Board Members
39
Independent Board Members
0
Employees
1,622
Volunteers
39

Preparer

Firm
Kpmg Llp
Address
60 South Street, Boston, MA 02111
Preparer
Shy Joseph
Phone
6179881000
Supplemental Narrative

Additional Explanations

Form 990 H(B) Affiliates Included in Group Return

BOSTON UNIVERSITY MEDICAL CENTER ANESTHESIOLOGISTS, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3276227 BOSTON EMERGENCY PHYSICIAN FOUNDATION, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3286156 BOSTON UNIVERSITY CARDIAC & THORACIC SURGICAL FOUNDATION, INC. One Boston Medical Center Place, BOSTON MA 02118 04-2966416 BOSTON UNIVERSITY DERMATOLOGY, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3335166 BOSTON UNIVERSITY DERMATOLOGY SUPPORT SERVICES I, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3452877 BOSTON UNIVERSITY DERMATOLOGY SUPPORT SERVICES II, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3452874 BOSTON UNIVERSITY SURGICAL ASSOCIATES, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3291148 EVANS MEDICAL FOUNDATION, INC. One Boston Medical Center Place, BOSTON, MA 02118 51-0172171 BOSTON UNIVERSITY EYE ASSOCIATES, INC. One Boston Medical Center Place, Boston, MA 02780 04-3137333 BOSTON UNIVERSITY FAMILY MEDICINE, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3354353 BOSTON UNIVERSITY MALLORY PATHOLOGY ASSOCIATES, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-2794543 BOSTON UNIVERSITY NEUROLOGY ASSOCIATES, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3428462 BOSTON UNIVERSITY NEUROSURGICAL ASSOCIATES, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3296068 BOSTON UNIVERSITY OBSTETRICS & GYNECOLOGY FOUNDATION, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3067465 BOSTON UNIVERSITY ORTHOPAEDIC SURGICAL ASSOCIATES, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3354360 BOSTON UNIVERSITY MEDICAL CENTER OTOLARYNGOLOGIC FOUNDATION, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3156471 CHILD HEALTH FOUNDATION OF BOSTON, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-2472758 BOSTON UNIVERSITY PLASTIC SURGERY ASSOCIATES, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3555478 BOSTON UNIVERSITY PSYCHIATRY ASSOCIATES, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3355267 BOSTON UNIVERSITY MEDICAL CENTER RADIOLOGISTS, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3283573 BOSTON REHABILITATION MEDICINE ASSOCIATES, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3286641 BOSTON UNIVERSITY GENERAL SURGICAL ASSOCIATES, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3265008 BOSTON UNIVERSITY MEDICAL CENTER UROLOGISTS, INC. One Boston Medical Center Place, BOSTON, MA 02118 04-3286643 BOSTON UNIVERSITY RADIATION ONCOLOGY, INC. One Boston Medical Center Place, BOSTON, MA 02118 81-0716773

ORGANIZATION'S MISSION

Form 990, part i, line 1 & part iii, lines 1 and 4 the faculty practice plans ("the plans") were established as not-for-profit corporations operating exclusively for the benefit of boston medical center and boston university school of medicine. The plans' purpose is to provide, coordinate and facilitate the delivery of patient care services and to promote the development of an integrated system of delivery to more efficiently and effectively meet the health care needs of the communities served by the institutions. The plans provide ambulatory services ranging from primary adult and pediatric care to advanced specialty care; affiliated physicians also staff the largest 24 hour level 1 trauma center in new england.

Governance, Management, and Disclosure

Form 990, part vi, section a, lines 1b and 2 all officers and trustees are employees of either the individual practice plan, boston university or boston medical center, related organizations. Certain officers and directors of the practice plans also serve as officers and trustees of boston medical center.

Shared Services Agreement

Form 990, part vii, section a the plans are affiliated with boston medical center ("bmc") and boston university school of medicine ("busm"). The plans each entered into a common paymaster agreement with bmc and the trustees of boston university ("bu"). Under the terms of their physician practice agreements, faculty physicians and practitioners ("faculty members") are employed by the individual plans. The faculty members serve the benefit of both bmc (by providing clinical services) and busm (by serving as faculty members of busm). Each plan, with respect to each faculty member that the plan employs, pays bu a percentage of the faculty member's salary and reimbursement for fringe benefits and related payment fees. Boston university, as common paymaster, then makes salary payments and provides benefits to faculty members. The plans also pay for a portion of administrative salaries and fringe benefits for nonphysician employees of bmc, who provide services to them.

Form 990, Part XI, Line 9

Net asset transfers between boston university surgical associates, inc. And faculty practice foundation, inc. And boston university medical center anesthesiologists, inc. And faculty practice foundation, inc. $ (50,198)

Financial Statement Notes

Part X, Line 2

Faculty practice foundation, inc. ("faculty") and its affiliated faculty practice plans ("plans") are included in combined financial statements. The text of the uncertain tax positions footnote included in these financial statements is as follows: the health system corporation, the medical center, bmchp, udf, ecmf, buap, faculty and the plans, baco, bmcics, and bmcic of vermont are all nonprofit corporations that have been recognized as tax-exempt pursuant to section 501(c)(3) of the internal revenue code. The shareholders of nab are nonprofit, tax-exempt corporations. The health system recognized income tax positions when it is more likely than not that the position will be sustainable based on the merits of the position. Management has concluded that there are no meterial uncertain tax positions that need to be recorded as of june 30, 2018 and 2017. The health system annually assesses whether it must recognize an unrelated business income tax expense (ubit). The amounts recognized as ubit expense were not material to the health system's consolidated operations or changes in net assets for the years ended june 30, 2018 and 2017.

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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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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3444906
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt351181
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt366495
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3756756
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3834839
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt3963799
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4014612
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt41154725
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4283326
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4322137
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4421127
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4561908
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4646123
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt47577
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt4850084
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt49124891
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5063715
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5160109
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5241167
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5363298
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt5422463
IRS990/Form990PartVIISectionAGrp/PersonNm0Rhoda Alani MD
IRS990/Form990PartVIISectionAGrp/PersonNm1Christopher Andry PhD
IRS990/Form990PartVIISectionAGrp/PersonNm2Richard Babayan MD
IRS990/Form990PartVIISectionAGrp/PersonNm3Victoria Bolotina MD
IRS990/Form990PartVIISectionAGrp/PersonNm4Ilse Castro-Aragon MD
IRS990/Form990PartVIISectionAGrp/PersonNm5Stephen Christiansen MD
IRS990/Form990PartVIISectionAGrp/PersonNm6David Coleman MD
IRS990/Form990PartVIISectionAGrp/PersonNm7Ted Constan
IRS990/Form990PartVIISectionAGrp/PersonNm8Gerald Denis MD
IRS990/Form990PartVIISectionAGrp/PersonNm9Edward Feinberg MD
IRS990/Form990PartVIISectionAGrp/PersonNm10David Greer MD
IRS990/Form990PartVIISectionAGrp/PersonNm11Kenneth Grundfast MD
IRS990/Form990PartVIISectionAGrp/PersonNm12Naomi Hamburg MD
IRS990/Form990PartVIISectionAGrp/PersonNm13David Henderson MD
IRS990/Form990PartVIISectionAGrp/PersonNm14Paul Hendessi MD
IRS990/Form990PartVIISectionAGrp/PersonNm15Claudia Hochberg MD
IRS990/Form990PartVIISectionAGrp/PersonNm16Natasha Hochberg MD

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$98.2$33.6$64.6$535$543$7.18
2023Detailed filing. Detailed filing data is available for this year.$90.8$26.0$64.8$498$498$0.67
2022Detailed filing. Detailed filing data is available for this year.$96.3$33.8$62.6$458$462$3.68
2021Detailed filing. Detailed filing data is available for this year.$96.5$29.5$67.0$410$409$0.46
2020Detailed filing. Detailed filing data is available for this year.$86.6$27.9$58.7$418$424$5.39
2019Detailed filing. Detailed filing data is available for this year.$88.6$25.1$63.5$390$391$0.81
2018Detailed filing. Detailed filing data is available for this year.$89.3$26.7$62.6$389$391$1.79
2017Detailed filing. Detailed filing data is available for this year.$92.8$30.9$61.9$392$385$6.31
2016Detailed filing. Detailed filing data is available for this year.$89.7$32.6$57.1$366$364$1.44
2015Detailed filing. Detailed filing data is available for this year.$85.1$31.3$53.7$339$345$5.26
2014Detailed filing. Detailed filing data is available for this year.$79.2$20.0$59.2$356$352$4.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.0$23.3$52.7$342
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$74.3$23.9$50.4$332
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$75.1$18.0$57.0$332
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$82.4$27.4$55.0$284