BOSTON, MA
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)THE BOSTON HEALTH NET CORPORATION, founded in 1995, is a mid-sized nonprofit that reported $17.2M in total revenue in fiscal year 2020.
THE BOSTON HEALTHNET OPERATES TO FURTHER THE CHARITABLE AND EDUCATIONAL MISSIONS OF ITS MEMBER INSTITUTIONS AND HEALTH CENTERS.
TWO BMC LICENSED MEMBER HEALTH CENTER LABORATORIES ARE UNDER THE SINGLE DIRECTION OF ONE MEDICAL DIRECTOR. INFECTION CONTROL MANAGEMENT IS ALSO PROVIDED TO FOUR BMC LICENSED MEMBER HEALTH CENTERS.
THE HEALTHNET IS COMMITTED TO SUPPORTING AND PROMOTING THE GENERAL EDUCATION AND TRAINING OF PRIMARY CARE AND SPECIALTY CARE PHYSICIANS, THE RECRUITMENT OF SUCH PHYSICIANS TO URBAN COMMUNITIES, AND...
THE HEALTHNET IS COMMITTED TO SUPPORTING AND PROMOTING THE GENERAL EDUCATION AND TRAINING OF PRIMARY CARE AND SPECIALTY CARE PHYSICIANS, THE RECRUITMENT OF SUCH PHYSICIANS TO URBAN COMMUNITIES, AND OTHER PROGRAMS AND SERVICES THAT SUPPORT THE HEALTH CARE NEEDS OF URBAN COMMUNITIES. IN PURSUIT OF THIS COMMITMENT, THE HEALTHNET PROVIDED SUPPORT TO ITS NINE PRIMARY PARTNERS TOTALING $15,630,000 IN ACCORDANCE WITH AN AGREEMENT OF AFFILIATION OF THE MEMBERS. IN ADDITION, THE HEALTHNET HAS PROVIDED SUPPORT TO ITS TWO NONMEMBER SECONDARY PARTNERS TOTALING $200,000. THE HEALTHNET ALSO PARTICIPATES IN A RESIDENCY AND MEDICAL TRAINING PROGRAM BY PROVIDING FUNDING TO MEMBER HEALTH CENTERS FOR RESIDENCY AND MEDICAL EDUCATION, TOTALING $901,131 FOR THE YEAR ENDED SEPTEMBER 30, 2021.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $17,183,901 | $17,180,560 | +0.0% |
| Expenses | $17,926,428 | $17,262,637 | +0.0% |
| Net Income | $-742,527 | $-82,077 | +8.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| WILLIAM J HALPIN JR | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $701,521 |
| TERRI NEWSOM | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GUALE VALDEZ | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $206,294 |
| KAREN ANTMAN MD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $901,450 |
| MICHELLE NADOW | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $282,712 |
| KATHLEEN WALSH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BARRY BOCK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $297,815 |
| SANDRA COTTERELL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $364,860 |
| MANUEL J LOPES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAGDEEP TRIVEDI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $276,000 |
| FREDERICA WILLIAMS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $389,934 |
| COURTNEY URICK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| RAVIN DAVIDOFF | CLERK | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHUCK JONES | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $365,724 |
| CYNTHIA SIERRA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $256,349 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2021 | $17,183,901 | $17,926,428 | $1,391,448 | $-742,527 |
| 2020 | $17,180,560 | $17,262,637 | $1,076,301 | $-82,077 |
| 2019 | $17,170,819 | $17,171,454 | $1,035,021 | $-635 |
| 2018 | $17,010,697 | $17,013,947 | $1,074,332 | $-3,250 |
Compare THE BOSTON HEALTH NET CORPORATION with other nonprofits in Massachusetts and across the country.