Seacoast Regional MRI Inc

EIN: 320443663 501(c)(3)

Newburyport, MA

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
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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
2015
Legal Domicile
MA
Principal Officer
Mark Goldstein
Phone
9784631000
Tax Period
2017-10-01 to 2018-09-30

Mission

TO PROMOTE HEALTH BY ENGAGING IN THE PROVISION OF MEDICAL, DIAGNOSTIC, AND RELATED HEALTH CARE SERVICES IN A MANNER CONSISTENT WITH AND IN FURTHERANCE OF THE CHARITABLE PURPOSES OF AND FOR THE SUPPORT AND BENEFIT OF SEACOAST REGIONAL HEALTH SYSTEMS AND ANNA JAQUES HOSPITAL.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

SRMRI ceased operations during fiscal 2017. It was not in operation during this reporting year.

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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 $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2017 2016 Change
Revenue N/A $815,345 -1.0%
Expenses N/A $888,579 -1.0%
Net Income N/A $-73,234 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
5
Independent Members
3
Employees
N/A
Volunteers
3

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
2
$1,167,195
Total Directors
5
$1,167,195
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David LaFlamme Chair, board of trustees 5.0
Director
$0 $0 $0
Jeffrey Kirpas Treasurer, board of trustees 5.0
Director
$0 $0 $0
Bernard Heersink MD Clerk, board of trustees 5.0
Director
$0 $0 $0
Mark Goldstein Pres/CEO/trustee 5.0
Officer Director
$0 $149,904 $768,753
Kevin Kilday VP/CFO/trustee 5.0
Officer Director
$0 $59,077 $398,442
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 No data No data No data
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