BMC HEALTH SYSTEM INC (EIN 463556853) - Form 990 Financial Analysis & Trantor Score

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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

2013

Legal Domicile

Principal Officer

ALASTAIR BELL MD

Phone

6176387901

Tax Period

2023-10-01 to 2024-09-30

BMC HEALTH SYSTEM INC, founded in 2013, is a major nonprofit in the Health Care sector that reported $275.2M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

BMC HEALTH SYSTEM, INC.'S MISSION IS TO PROVIDE GOVERNANCE, LONG-TERM STRATEGIC PLANNING, AND BUDGETARY AND FINANCIAL ASSISTANCE FOR BOSTON MEDICAL CENTER, BOSTON MEDICAL CENTER HEALTH PLAN AND OTHER BMC HEALTH SYSTEM 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $991,480

Investment Income $579,719

Other Revenue $273,588,428

TOTAL REVENUE $275,159,627

Expense Breakdown

Grants Paid $0

Salaries & Benefits $156,213,599

Fundraising Expenses $0

Program Expenses $241,195,908

Other Expenses $116,743,348

TOTAL EXPENSES $272,956,947

Year-over-Year Comparison

	2023	2022	Change
Revenue	$275,159,627	$299,557,088	-0.1%
Expenses	$272,956,947	$292,162,502	-0.1%
Net Income	$2,202,680	$7,394,586	-0.7%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$3,803,945

Total Directors

$1,949,276

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALASTAIR BELL MD	PRESIDENT/CEO/TRUSTEE	1.00	Officer Director	$0	$180,077	$1,949,276
DAVID AMENT	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW BOTEIN	TRUSTEE	1.00	Director	$0	$0	$0
SANDRA COTTERELL	TRUSTEE (THRU 08/21/24)	1.00	Director	$0	$0	$0
WILLIAM CREEVY MD	TRUSTEE	1.00	Director	$0	$0	$0
RANDI CUTLER	TRUSTEE	1.00	Director	$0	$0	$0
TRICIA GLYNN	TRUSTEE	1.00	Director	$0	$0	$0
MARIANNE HARRISON	TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY HOLLENBERG MD	TRUSTEE (THRU 05/01/24)	1.00	Director	$0	$0	$0
RICHARD MARKS	TRUSTEE	1.00	Director	$0	$0	$0
MONICA NOETHER PHD	TRUSTEE	1.00	Director	$0	$0	$0
MARK NUNNELLY	TRUSTEE/CHAIR	1.00	Officer Director	$0	$0	$0
MARTHA SAMUELSON	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT SWEET	TRUSTEE	1.00	Director	$0	$0	$0
MARK TABER	TRUSTEE	1.00	Director	$0	$0	$0
ANDREW YOUNISS	TRUSTEE	1.00	Director	$0	$0	$0
TERRI NEWSOM	TREASURER (THRU 07/01/24)	1.00	Officer	$0	$114,386	$923,518
JESSE SOUWEINE	TREASURER (07/01/24-09/10/24)	1.00	Officer	$0	$9,325	$194,115
ANKUR AGRAWAL	TREASURER (AS OF 09/10/24)	1.00	Officer	$0	$0	$0
DAVID BECK ESQ	CLERK	1.00	Officer	$0	$56,003	$737,036
KATHLEEN E WALSH	FORMER PRESIDENT	0.00		$0	$5,611	$589,205

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	$275,159,627	$272,956,947	$50,816,540	$2,202,680
2023	$299,557,088	$292,162,502	$48,781,842	$7,394,586
2022	$234,822,561	$234,205,395	$36,520,974	$617,166
2021	$189,200,474	$200,143,731	$32,089,723	$-10,943,257
2020	$175,232,629	$183,215,805	$35,307,136	$-7,983,176
2019	$13,633,075	$23,573,296	$26,075,339	$-9,940,221
2018	$18,290,998	$35,783,640	$30,559,471	$-17,492,642

BMC HEALTH SYSTEM INC