MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS INC (EIN 042507409) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

MICHAEL CURRY

Phone

6174262225

Tax Period

2024-07-01 to 2025-06-30

MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS INC, founded in 1972, is a mid-sized nonprofit that reported $37.2M in total revenue in fiscal year 2024. The organization ran a surplus of $9.7M, a strong 26% operating margin.

Mission

TO PROMOTE HEALTH ACCESS FOR ALL THROUGH LEADERSHIP AND PROGRAMS SUPPORTING COMMUNITY HEALTH CENTERS AND MEMBERS IN ACHIEVING THEIR GOALS OF ACCESSIBLE, QUALITY, COMPREHENSIVE, AND COMMUNITY-RESPONSIVE HEALTH CARE. THIS MISSION EMPHASIZES HEALTH EQUITY, SUPPORTING MEMBER HEALTH CENTERS TO PROVIDE QUALITY, COMPREHENSIVE CARE TO DIVERSE COMMUNITIES, AND DEVELOPING FUTURE HEALTH LEADERS, AS SEEN IN THEIR ONGOING INITIATIVES FOR WORKFORCE DEVELOPMENT AND ADVOCATING FOR VULNERABLE POPULATIONS IN 2025 AND BEYOND.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,016,861

Program Service Revenue $7,142,572

Investment Income $52,452

Other Revenue $-30,750

TOTAL REVENUE $37,181,135

Expense Breakdown

Grants Paid $1,238,888

Salaries & Benefits $12,013,733

Fundraising Expenses $15,688

Program Expenses $24,034,122

Other Expenses $14,190,739

TOTAL EXPENSES $27,443,360

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,181,135	$34,448,814	+0.1%
Expenses	$27,443,360	$38,599,281	-0.3%
Net Income	$9,737,775	$-4,150,467	-3.3%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

118

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,459,443

Total Directors

Key Employees

$217,706

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	BOARD CHAIR	3.00		$0	$0	$0
N/A	1ST VICE CHAIR	3.00		$0	$0	$0
N/A	2ND VICE CHAIR	3.00		$0	$0	$0
N/A	TREASURER (JOINED 12/24)	3.00		$0	$0	$0
N/A	SECRETARY	3.00		$0	$0	$0
N/A	NACHC BOARD MEMBER	3.00		$0	$0	$0
N/A	BOARD MEMBER	3.00		$0	$0	$0
N/A	BOARD MEMBER	3.00		$0	$0	$0
N/A	BOARD MEMBER	3.00		$0	$0	$0
N/A	BOARD MEMBER	3.00		$0	$0	$0
N/A	BOARD MEMBER	3.00		$0	$0	$0
N/A	BOARD MEMBER	3.00		$0	$0	$0
N/A	BOARD MEMBER	3.00		$0	$0	$0
N/A	BOARD MEMBER (UNTIL 10/24)	3.00		$0	$0	$0
N/A	BOARD MEMBER (UNTIL 11/24)	3.00		$0	$0	$0
MICHAEL CURRY	PRESIDENT & CEO	35.00	Officer	$499,657	$99,755	$599,412
KEPLIN ALLWATERS	CHIEF LEGAL & COMP. OFFICER	35.00	Officer	$245,027	$40,702	$285,729
MARY ELLEN MCINTYRE	INTERIM COO	35.00	Officer	$201,476	$47,203	$248,679
JEANETTE WADE	CFO (AS OF 3/25)	35.00	Officer	$212,051	$22,296	$234,347
LISA LASKY	INTERIM VP, FINANCE (UNTIL 4/25)	35.00	Officer	$77,483	$13,793	$91,276
STACY GRAY	SVP, BUSINESS DEVT & STRAT	35.00	Key Emp	$189,840	$27,866	$217,706
CHERYL CLARK	ED & SVP, INSTITUTE HEALTH EQUITY	0.00	Highest	$277,471	$53,013	$330,484
RICHARD NAPOLITANO	ED & SVP, CPG	35.00	Highest	$236,035	$28,640	$264,675
SHADE W CRONAN	SVP, DEVELOPMENT & EXTERNAL AFFAIRS	35.00	Highest	$196,934	$37,501	$234,435
SUSAN DARGON-HART	SVP, CLINICAL HEALTH AFFAIRS	35.00	Highest	$188,553	$38,786	$227,339
SUSAN J ADAMS	VP, HEALTH INFORMATICS	35.00	Highest	$186,349	$28,385	$214,734

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$37,181,135	$27,443,360	$52,490,145	$9,737,775
2024	No data	No data	No data	No data
2023	$67,759,441	$52,333,127	$47,667,399	$15,426,314
2022	$28,068,330	$34,619,294	$23,902,943	$-6,550,964
2021	$42,298,063	$35,876,116	$29,437,679	$6,421,947
2020	$25,974,206	$25,883,147	$23,034,856	$91,059
2019	$26,133,365	$20,485,418	$22,196,817	$5,647,947
2018	$20,530,427	$14,907,896	$16,658,026	$5,622,531

MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS INC