JORDAN PHYSICIAN ASSOCIATES INC

EIN: 043228556 501(c)(3) Health Care

CHARLESTOWN, MA

Total Revenue
$41,971,558
Total Expenses
$58,423,292
Total Assets
$15,756,431
Net Assets
$-5,148,795
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
MA
Principal Officer
KEVIN TABB MD
Phone
5088302005
Tax Period
2023-10-01 to 2024-09-30

JORDAN PHYSICIAN ASSOCIATES INC, founded in 1994, is a mid-sized nonprofit in the Health Care sector that reported $42.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $58.4M exceeded revenue, resulting in a 39% operating deficit.

Mission

JORDAN PHYSICIAN ASSOCIATES (JPA) IS A NETWORK OF COMMUNITY BASED PHYSICIANS AFFILIATED WITH BETH ISRAEL DEACONESS HOSPITAL-PLYMOUTH (BID-PLYMOUTH OR HOSPITAL) AND BETH ISRAEL LAHEY HEALTH. THESE PHYSICIANS ARE COMMITTED TO IMPROVING THE HEALTH OF THE COMMUNITIES SERVED BY BOTH BID-PLYMOUTH AND JPA BY PROVIDING HIGH QUALITY, PERSONALIZED HEALTH CARE WITH COMPASSION, DIGNITY AND RESPECT FOR PATIENT RIGHTS IN A COST EFFECTIVE AND SAFE ENVIRONMENT. JPA IS DEDICATED TO PROVIDING CUTTING-EDGE CARE TO PATIENTS IN THE COMMUNITIES WHERE THEY LIVE AND WORK, REGARDLESS OF THEIR RACE, COLOR, RELIGION, SEX, SEXUAL ORIENTATION, NATIONAL ORIGIN, ANCESTRY, AGE, OR DISABILITY. THE PHYSICIANS OF JPA PROUDLY SERVE THE COMMUNITIES OF BOURNE, CARVER, DUXBURY, HALIFAX, KINGSTON, LAKEVILLE, PEMBROKE, PLYMPTON, PLYMOUTH, MARSHFIELD, MIDDLEBORO, SANDWICH AND WAREHAM. JPA IS A MEMBER OF THE BETH ISRAEL LAHEY HEALTH NETWORK OF AFFILIATES.

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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 $41,952,047
Investment Income $0
Other Revenue $19,511
TOTAL REVENUE $41,971,558

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,448,986
Fundraising Expenses $0
Program Expenses $58,231,267
Other Expenses $11,974,306
TOTAL EXPENSES $58,423,292

Year-over-Year Comparison

2023 2022 Change
Revenue $41,971,558 $36,998,426 +0.1%
Expenses $58,423,292 $52,121,400 +0.1%
Net Income $-16,451,734 $-15,122,974 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
19
Independent Members
15
Employees
N/A
Volunteers
13

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
10
$11,272,829
Total Directors
21
$8,518,956
Key Employees
2
$1,085,717
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROWAN MICHAEL TRUSTEE (EVP, HOS & AMB SVCS, BILH) 1.00
Director
$0 $2,401,778 $4,703,895
SHORETT PETER TTEE (SR EXECUTIVE VP & COO, BILH) 1.00
Director
$0 $48,246 $1,607,722
COUGHLIN KEVIN PRESIDENT & TRUSTEE 1.00
Officer Director
$0 $53,764 $824,420
BURNS ERIN TRUSTEE 1.00
Director
$0 $80,531 $690,642
KELLY MD DAVID TRUSTEE & VICE CHAIR 1.00
Officer Director
$0 $83,362 $685,812
MCGILL KRISTINA TRUSTEE; PHARMACY MGR BIDP (PER DIEM 1.00
Director
$0 $0 $6,465
KAPELL JEFF TRUSTEE & CHAIR 1.00
Officer Director
$0 $0 $0
BLAIR RAYMOND TRUSTEE 1.00
Director
$0 $0 $0
CARR ALLISON GILLMORE TRUSTEE 1.00
Director
$0 $0 $0
CARUCCI DEAN TTEE (BILH DIV PRESIDENT, COMMUNITY) 1.00
Director
$0 $0 $0
HEWITT CHARLES TRUSTEE 1.00
Director
$0 $0 $0
HORWITZ-WILLIS NATE TRUSTEE 1.00
Director
$0 $0 $0
JOHNSON JOHN TRUSTEE 1.00
Director
$0 $0 $0
KENNISTON MD JULIA TRUSTEE (PRESIDENT, MEDICAL STAFF) 1.00
Director
$0 $0 $0
KOWALOFF MD HARVEY TRUSTEE 1.00
Director
$0 $0 $0
MARBLE MEGAN VAYO TRUSTEE 1.00
Director
$0 $0 $0
MARINI ANNA TRUSTEE 1.00
Director
$0 $0 $0
MCGRATH JOHN TRUSTEE 1.00
Director
$0 $0 $0
MCKENNA CATHERINE TRUSTEE 1.00
Director
$0 $0 $0
SHIELDS MARY TRUSTEE 1.00
Director
$0 $0 $0
SPENCER LUIS TRUSTEE 1.00
Director
$0 $0 $0
TABB MD KEVIN CHIEF EXECUTIVE OFFICER (CEO, BILH) 1.00
Officer
$0 $1,097,028 $5,410,415
RIOS CINDY TREAS (EXECUTIVE VP & CFO, BILH) 1.00
Officer
$0 $217,736 $1,689,163
KATZ ESQ JAMIE CLERK; GENERAL COUNSEL, BILH 1.00
Officer
$0 $32,002 $1,302,177
JENKINS JIM ASST TREAS (EX-OFF), CFO 1.00
Officer
$0 $30,468 $434,805
RANGAVIZ SHEILAH ASSISTANT TREASURER, CFO 1.00
Officer
$0 $16,067 $352,611
ARMSTRONG ESQ EMILY ASST CLERK (DIV VP DEP GC BOS, BILH) 1.00
Officer
$0 $41,550 $351,216
GEE ESQ CARROLL ASST CLERK (ASSOC GEN COUNSEL, BILH) 1.00
Officer
$0 $41,396 $222,210
RUTHERFORD RON VP, CIO, & VP, SUPPORT SERVICES 1.00
Key Emp
$0 $259,447 $573,463
BARKER ALEX COO, SOUTH REGION, BILH PRIMARY CARE 1.00
Key Emp
$0 $73,909 $512,254
TEIXEIRA MD ALEX A GASTRONENTOROLOGIST 55.00
Highest
$937,645 $71,416 $1,009,061
BARAKAT MD ISKANDAR GASTRONENTOROLOGIST 55.00
Highest
$665,609 $45,105 $710,714
VIGNA MD PAUL A PATHOLOGIST 55.00
Highest
$534,972 $75,208 $610,180
CANADAY MD DANIEL PHYSICIAN, RADIOLOGY & RAD ONCOLOGY 55.00
Highest
$533,203 $71,637 $604,840
MUHLEBACH MD STEPHAN CARDIOLOGIST 55.00
Highest
$530,794 $71,163 $601,957
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 $41,971,558 $58,423,292 $15,756,431 $-16,451,734
2023 $36,998,426 $52,121,400 $16,486,068 $-15,122,974
2022 $34,392,544 $49,391,049 $16,854,200 $-14,998,505
2021 $31,653,632 $42,343,050 $15,971,092 $-10,689,418
2020 $30,549,891 $41,046,579 $5,388,415 $-10,496,688
2019 $34,629,036 $43,113,938 $6,420,054 $-8,484,902
2018 $35,971,189 $43,260,834 $6,610,597 $-7,289,645
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