CONNECTED CARE OF SOUTHEASTERN MASSACHUSETTS INC

EIN: 823503666 501(c)(3) Health Care

SOUTH WEYMOUTH, MA

Total Revenue
$12,045
Total Expenses
$500
Total Assets
$1,631,366
Net Assets
$1,631,366
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MA
Principal Officer
STEPHEN JENNEY
Phone
7816248000
Tax Period
2023-10-01 to 2024-09-30

CONNECTED CARE OF SOUTHEASTERN MASSACHUSETTS INC, founded in 2017, is a micro nonprofit in the Health Care sector that reported $12K in total revenue in fiscal year 2023. Revenue fell 99% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $12K, a strong 96% operating margin.

Mission

CONNECTED CARE OF SOUTHEASTERN MASSACHUSETTS WAS FORMED BY SOUTH SHORE HEALTH SYSTEM AND HARBOR MEDICAL TO OPERATE AS A NEXT GENERATION ACCOUNTABLE CARE ORGANIZATION (ACO) FOR MEDICARE BENEFICIARIES. THE ACO BRINGS TOGETHER THE HOSPITAL AND HEALTH CARE PROVIDERS TO PROVIDE HIGH QUALITY, COORDINATED CARE TO MEDICARE FEE-FOR-SERVICES PATIENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $12,045
Other Revenue $0
TOTAL REVENUE $12,045

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $500
TOTAL EXPENSES $500

Year-over-Year Comparison

2023 2022 Change
Revenue $12,045 $2,408,385 -1.0%
Expenses $500 $785,842 -1.0%
Net Income $11,545 $1,622,543 -1.0%
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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Governance

Voting Members
10
Independent Members
4
Employees
N/A
Volunteers
4

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
$2,367,972
Total Directors
10
$4,383,045
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLEN SMITH MD PRESIDENT & CEO 1.00
Officer Director
$0 $183,307 $1,446,616
LUKE O'CONNELL MD DIRECTOR 1.00
Director
$0 $359,724 $1,143,167
DAVID HALLE MD DIRECTOR 1.00
Director
$0 $36,056 $630,784
TIMOTHY R LYNCH MD DIRECTOR 1.00
Director
$0 $0 $383,089
TIMOTHY M LYNCH MD DIRECTOR 0.50
Director
$0 $33,038 $378,397
SARA NUCIFORO MD DIRECTOR 1.00
Director
$0 $31,679 $371,859
MICHAEL AYERS MD DIRECTOR 1.00
Director
$0 $0 $29,133
CAROLE WHITING DIRECTOR 1.00
Director
$0 $0 $0
GILES BOLAND MD DIRECTOR 1.00
Director
$0 $0 $0
PETER GRAPE MD DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH R DRISCOLL ESQ SECRETARY 1.00
Officer
$0 $36,056 $607,535
STEPHEN JENNEY CFO & TREAS. AS OF 10/1/23 1.00
Officer
$0 $20,403 $313,821
KRISTINE HANSCOM CPA MST CGMA FORMER TREAS. & CFO (THRU 5/31/23) 1.00
$0 $18,546 $926,096
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 $12,045 $500 $1,631,366 $11,545
2023 $2,408,385 $785,842 $2,872,320 $1,622,543
2022 $67,564 $1,277,324 $409,136 $-1,209,760
2021 $2,163,661 $1,833,406 $1,687,586 $330,255
2020 $232,909 $694,998 $921,031 $-462,089
2019 No data $5,780,863 $4,115,852 No data
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