COMMUNITY PHYSICIANS ASSOCIATES INC

EIN: 043243146 501(c)(3) Health Care

CHARLESTOWN, MA

Total Revenue
$5,028,668
Total Expenses
$7,851,022
Total Assets
$2,189,651
Net Assets
$-3,024,270
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Organization Details

Formation Year
1996
Legal Domicile
MA
Principal Officer
KEVIN TABB MD
Phone
6176964600
Tax Period
2023-10-01 to 2024-09-30

COMMUNITY PHYSICIANS ASSOCIATES INC, founded in 1996, is a community nonprofit in the Health Care sector that reported $5.0M in total revenue in fiscal year 2023. Expenses of $7.9M exceeded revenue, resulting in a 56% operating deficit.

Mission

COMMUNITY PHYSICIANS ASSOCIATES, INC. (CPA) IS AN AFFILIATE OF BETH ISRAEL DEACONESS HOSPITAL - MILTON (BID-MILTON OR HOSPITAL) AND PROVIDES PRIMARY CARE AND SPECIALIST HEALTHCARE SERVICES IN MILTON, MASSACHUSETTS AND THE SURROUNDING COMMUNITIES. CPA IS DEDICATED TO PROVIDING HIGH-QUALITY, CUTTING-EDGE CARE TO PATIENTS IN THE COMMUNITIES WHERE THEY LIVE AND WORK, REGARDLESS OF THEIR RACE, COLOR, RELIGION, SEX, NATIONAL ORIGIN, ANCESTRY, AGE, OR DISABILITY. BID-MILTON SERVES AS THE SOLE MEMBER OF CPA. DURING THE FISCAL PERIOD COVERED BY THIS FILING, BETH ISRAEL LAHEY HEALTH (BILH) SERVED AS THE SOLE MEMBER OF ANNA JAQUES HOSPITAL (AJH), BETH ISRAEL DEACONESS MEDICAL CENTER, INC. (BIDMC), MOUNT AUBURN HOSPITAL (MAH), NEW ENGLAND BAPTIST HOSPITAL (NEBH), BETH ISRAEL DEACONESS HOSPITAL -- MILTON, INC. (MILTON), BETH ISRAEL DEACONESS HOSPITAL -- NEEDHAM, INC. (NEEDHAM), BETH ISRAEL DEACONESS HOSPITAL -- PLYMOUTH, INC. (PLYMOUTH), LAHEY HEALTH SHARED SERVICES (LHSS), LAHEY CLINIC FOUNDATION (LCF), WINCHESTER HOSPITAL (WINCHESTER), NORTHEAST HOSPITAL CORPORATION (NHC) WHICH INCLUDES BEVERLY, ADDISON GILBERT AND BAYRIDGE HOSPITALS, NORTHEAST BEHAVIORAL CORPORATION (NBHC), THE BETH ISRAEL LAHEY HEALTH PERFORMANCE NETWORK (BILHPN), EXETER HEALTH RESOURCES INC. (EHRI) AND THE BETH ISRAEL LAHEY HEALTH PHARMACY. THE LAHEY CLINIC FOUNDATION IN TURN SERVED AS THE SOLE MEMBER OF LAHEY CLINIC INC, AND LAHEY CLINIC HOSPITAL D/B/A LAHEY HOSPITAL AND MEDICAL CENTER (LHMC) AND EXETER HEALTH RESOURCES INC SERVED AS THE SOLE MEMBER OF EXETER HOSPITAL. EACH OF THE ENTITIES LISTED HERE MAY HAVE ALSO, IN TURN, SERVED AS MEMBER TO OTHER NETWORK AFFILIATES. BILH IS AN INTEGRATED HEALTH CARE SYSTEM COMMITTED TO EXPANDING ACCESS TO EXTRAORDINARY PATIENT CARE ACROSS EASTERN MASSACHUSETTS AND SOUTHERN NEW HAMPSHIRE AND ADVANCING THE SCIENCE AND PRACTICE OF MEDICINE THROUGH GROUNDBREAKING RESEARCH AND EDUCATION. THE BILH SYSTEM IS COMPRISED OF ACADEMIC AND TEACHING HOSPITALS, A PREMIER ORTHOPEDICS HOSPITAL, PRIMARY CARE AND SPECIALTY CARE PROVIDERS, AMBULATORY SURGERY CENTERS, URGENT CARE CENTERS, COMMUNITY HOSPITALS, HOMECARE SERVICES, OUTPATIENT BEHAVIORAL HEALTH CENTERS AND ADDICTION TREATMENT PROGRAMS. BILH'S COMMUNITY OF CLINICIANS, CAREGIVERS AND STAFF INCLUDES APPROXIMATELY 4,700 PHYSICIANS AND 39,000 EMPLOYEES.

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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 $5,028,368
Investment Income $0
Other Revenue $300
TOTAL REVENUE $5,028,668

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,647,189
Fundraising Expenses $0
Program Expenses $7,850,517
Other Expenses $2,203,833
TOTAL EXPENSES $7,851,022

Year-over-Year Comparison

2023 2022 Change
Revenue $5,028,668 $4,762,741 +0.1%
Expenses $7,851,022 $7,272,362 +0.1%
Net Income $-2,822,354 $-2,509,621 +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
22
Independent Members
16
Employees
33
Volunteers
15

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
8
$9,646,675
Total Directors
24
$9,688,434
Key Employees
5
$1,400,523
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
BERRY MD MICHAEL TRUSTEE 55.00
Director
$1,005,304 $43,840 $1,049,144
FERNANDEZ RICHARD PRESIDENT & TRUSTEE 1.00
Officer Director
$0 $46,810 $670,099
ANDERSON MD JONATHAN TRUSTEE (PRESIDENT, MEDICAL STAFF) 1.00
Director
$0 $83,844 $632,691
O'CONNOR MD HEIDI TTEE; PHYS INT MED/PULMONARY DISEASE 1.00
Director
$0 $51,839 $415,897
BRESNICK MD MORGAN TRUSTEE; SURGEON 1.00
Director
$0 $59,610 $356,376
SULLIVAN JOSEPH C TRUSTEE 1.00
Director
$0 $41,260 $252,610
CICHELLO ANTHONY TRUSTEE & CHAIR 1.00
Officer Director
$0 $0 $0
LAURENCE ANDREW TRUSTEE & VICE CHAIR 1.00
Officer Director
$0 $0 $0
ALEXOPOULOS ALEXANDRA TRUSTEE 1.00
Director
$0 $0 $0
BURKE JOHN TRUSTEE 1.00
Director
$0 $0 $0
CARUCCI DEAN TTEE (BILH DIV PRESIDENT, COMMUNITY) 1.00
Director
$0 $0 $0
COLLINS HARRIS E TRUSTEE 1.00
Director
$0 $0 $0
DENNY STEPHEN TRUSTEE 1.00
Director
$0 $0 $0
GAFFNEY THERESA TRUSTEE 1.00
Director
$0 $0 $0
GLYNN MAUREEN TRUSTEE 1.00
Director
$0 $0 $0
LIANG JIMMY TRUSTEE 1.00
Director
$0 $0 $0
MARR JEFFREY TRUSTEE 1.00
Director
$0 $0 $0
OKARA EBI TRUSTEE 1.00
Director
$0 $0 $0
O'NEIL ALISA TRUSTEE 1.00
Director
$0 $0 $0
PATHAK RAJU TRUSTEE 1.00
Director
$0 $0 $0
RICE BRIDGET TRUSTEE 1.00
Director
$0 $0 $0
SHIH DIN 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
RANGAVIZ SHEILAH ASSISTANT TREASURER, CFO 1.00
Officer
$0 $16,067 $352,611
GEE ESQ CARROLL ASST CLERK (ASSOC GEN COUNSEL, BILH) 1.00
Officer
$0 $41,396 $222,210
SNEVA JEB CFO, BILH PRIMARY CARE NETWORK 1.00
Key Emp
$0 $125,683 $404,232
FENTON ANGELA VP, AMBULATORY AND CLINICAL SERVICES 1.00
Key Emp
$0 $38,656 $276,155
FISHMAN AARON CHIEF FINANCIAL OFFICER, BILHPC 1.00
Key Emp
$0 $32,186 $271,757
FREED-LOEW CHERYL VP, HUMAN RESOURCES BUSINESS PARTNER 1.00
Key Emp
$0 $23,039 $233,526
STANSKY KATHLEEN J INTERIM CFO, BILH PRIMARY CARE 1.00
Key Emp
$0 $37,453 $214,853
BURKE MD DENNIS ORTHOPEDIC SURGEON 55.00
Highest
$916,187 $37,872 $954,059
BARATZ MD MICHAEL D ORTHOPEDIC SURGEON 55.00
Highest
$844,468 $73,470 $917,938
SHERVIN MD NINA ORTHOPEDIC SURGEON 55.00
Highest
$709,642 $18,155 $727,797
MACROPOULOS JOHN PHYSICIAN ASSISTANT, ORTHOPEDIC SURG 55.00
Highest
$196,874 $36,021 $232,895
KELLY MD CARMEL PHYSICIAN, FAMILY MEDICINE 55.00
Highest
$189,420 $17,845 $207,265
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 $5,028,668 $7,851,022 $2,189,651 $-2,822,354
2023 $4,762,741 $7,272,362 $1,481,050 $-2,509,621
2022 $4,592,335 $7,177,062 $1,609,681 $-2,584,727
2021 $4,148,035 $6,796,630 $1,199,078 $-2,648,595
2020 $4,628,464 $6,655,517 $570,425 $-2,027,053
2019 $4,231,473 $6,975,762 $465,599 $-2,744,289
2018 $3,851,380 $6,125,238 $737,609 $-2,273,858
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