ASSOCIATED SPECIALISTS OF SOUTHEASTERN CONNECTICUT INC

EIN: 208006123 501(c)(3)

NEW LONDON, CT

Total Revenue
N/A
Total Expenses
$680
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
CT
Principal Officer
STEPHEN ALLEGRETTO
Phone
2036886088
Tax Period
2017-10-01 to 2018-09-27

Mission

TO BENEFIT THE HEALTH STATUS OF THE COMMUNITY SERVICED BY THE HOSPITAL THROUGH INTEGRATING VARIOUS PHYSICIANS AND OTHER HEALTHCARE PROFESSIONALS.

Program Service Accomplishments

Program 1
Expenses: $680 Revenue: $0

HISTORICALLY, ASSOCIATED SPECIALISTS OF SOUTHEASTERN CONNECTICUT, INC. (ASSCT) SUPPORTED LAWRENCE + MEMORIAL HOSPITAL INC.'S COMMITMENT TO ADVANCE THE HEALTH AND WELL-BEING OF INDIVIDUALS IN THE...

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HISTORICALLY, ASSOCIATED SPECIALISTS OF SOUTHEASTERN CONNECTICUT, INC. (ASSCT) SUPPORTED LAWRENCE + MEMORIAL HOSPITAL INC.'S COMMITMENT TO ADVANCE THE HEALTH AND WELL-BEING OF INDIVIDUALS IN THE HOSPITAL'S SERVICE AREA THROUGH THE PROVISION OF PHYSICIAN AND OTHER PROFESSIONAL SERVICES TO THE HOSPITAL. THE ORGANIZATION HAD SUPPORTED THE PHYSICIAN SERVICE NEEDS FOR THE HOSPITAL'S CANCER CENTER AND WOUND CARE CENTER. THE ORGANIZATION PROVIDED AFFORDABLE & ACCESSIBLE SPECIALTY HEALTHCARE SERVICES REGARDLESS OF A PATIENT'S ABILITY TO PAY, INCLUDING SERVING THE MEDICARE, MEDICAID, UNINSURED AND INDIGENT POPULATION IN THE HOSPITAL'S SERVICE AREA.THE CORPORATION WAS DISSOLVED ON SEPTEMBER 27, 2018.

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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 (2017)

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
Program Expenses $680
Other Expenses $680
TOTAL EXPENSES $680

Year-over-Year Comparison

2017 2016 Change
Revenue N/A $54,013 -1.0%
Expenses $680 $20,777 -1.0%
Net Income N/A $33,236 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
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
5
$2,806,272
Total Directors
3
$1,906,246
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER LEHRACH PRESIDENT/TRUSTEE 1.00
Officer Director
$0 $81,952 $720,983
JON GAUDIO CHAIRMAN/TRUSTEE 1.00
Officer Director
$0 $59,256 $674,211
PATRICK L GREEN EX-OFFICIO/TRUSTEE 1.00
Officer Director
$0 $147,137 $511,052
SETH VAN ESSENDELFT THRU 518 VICE PRESIDENT/CFO 1.00
Officer
$0 $7,065 $557,994
MAUREEN ANDERSON ASSISTANT SECRETARY 1.00
Officer
$0 $38,034 $342,032
BRUCE D CUMMINGS THRU 517 FORMER 0.00
$0 $8,293 $346,532
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
2018 No data $680 No data No data
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