TUFTS MEDICAL CENTER PARENT INC

EIN: 042810022 501(c)(3) Health Care

BOSTON, MA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$1,001,770
Net Assets
$1,770
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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
1983
Legal Domicile
MA
Principal Officer
ANDREW DEVOE
Phone
6176365000
Tax Period
2023-10-01 to 2024-09-30

Mission

SEE SCHEDULE 0TUFTS MEDICAL CENTER PARENT, INC. IS A SUPPORTING ORGANIZATION WHOSE EXEMPT PURPOSE INCLUDES PUBLIC RELATIONS AND PLANNING FOR FUTURE DEVELOPMENT OF HEALTH RELATED ACTIVITIES OF TUFTS MEDICAL CENTER, INC. AND ITS AFFILIATED ORGANIZATIONS: INCLUDING SUPPORT OF COMMUNITY HEALTH CENTERS AND EXPANSION OF PRIMARY CARE SERVICES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A $6 -1.0%
Net Income N/A $-6 N/A
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

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Governance

Voting Members
15
Independent Members
9
Employees
N/A
Volunteers
9

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
9
$6,013,909
Total Directors
20
$8,374,100
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STANLEY GOLDSTEIN TRUSTEE 1.00
Director
$0 $0 $0
REGINA ROCKEFELLER TRUSTEE 1.00
Director
$0 $0 $0
PAUL NASSER TRUSTEE 1.00
Director
$0 $0 $0
MICHAEL TARNOFF MD CEO/TRUSTEE (UNTIL 3/24) 1.00
Officer Director
$0 $196,769 $1,390,602
MICHAEL DANDORPH TRUSTEE/PRESIDENT/CEO 1.00
Officer Director
$0 $359,711 $2,085,861
MARVIN A KONSTAM MD TRUSTEE (UNTIL 2/24) 1.00
Director
$0 $57,687 $745,595
MARK ROSEN TRUSTEE/VICE CHAIR (UNTIL 2/24) 1.00
Officer Director
$0 $0 $0
MARGARET BROWN TRUSTEE 1.00
Director
$0 $0 $0
KAREN FREUND MD TRUSTEE 1.00
Director
$0 $57,687 $652,575
JEFF SHAMES TRUSTEE (UNTIL 2/24) 1.00
Director
$0 $0 $0
JASON HALL MD TRUSTEE 1.00
Director
$0 $822 $914,939
HELEN BOUCHER MD TRUSTEE 1.00
Director
$0 $0 $0
GERALD COHEN TRUSTEE 1.00
Director
$0 $0 $0
ERIKA WERNER MD TRUSTEE 1.00
Director
$0 $34,407 $724,834
EMMA REEVE TRUSTEE (UNTIL 2/24) 1.00
Director
$0 $0 $0
BRIAN KAVOOGIAN TRUSTEE/CHAIR 1.00
Officer Director
$0 $0 $0
ANN LOUISE PUOPOLO TRUSTEE 1.00
Director
$0 $0 $0
GAUTAM SHRIKHANDE MD TRUSTEE 1.00
Director
$0 $0 $0
PHIL OKALA TRUSTEE 1.00
Officer Director
$0 $16,258 $1,137,502
REZA VAGEFI MD TRUSTEE 1.00
Director
$0 $18,041 $722,192
ZACHARY REDMOND ESQ SECRETARY 1.00
Officer
$0 $70,149 $669,412
LAUREN RIPLEY ASSISTANT SECRETARY 1.00
Officer
$0 $12,727 $222,820
ASSAD SIDDIQI TREASURER (UNTIL 7/24) 1.00
Officer
$0 $67,900 $507,712
ANDREW DEVOE TREASURER 1.00
Officer
$0 $0 $0
PAUL SUMMERGRAD MD FORMER TRUSTEE 0.00
$0 $57,022 $417,694
F CLARISSA YANG MD FORMER TRUSTEE 0.00
$0 $35,187 $740,167
DEEB N SALEM MD FORMER TRUSTEE 1.00
$0 $27,646 $201,758
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
2024 No data No data $1,001,770 No data
2023 No data $6 $1,005,376 No data
2022 No data $2,006 $1,005,382 No data
2021 No data $57 $1,004,115 No data
2020 No data $61 $1,004,139 No data
2019 No data $65 $1,004,200 No data
2018 No data $83 $1,004,265 No data
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