2024-08-15T11:57:08-05:00 2023-09-30 135565207 KPMG LLP 60 SOUTH STREET BOSTON MA 02111 990 2022-10-01 043218267 BOSTON UNIVERSITY AFFILIATED PHYSICIANS INC BOST 6176388000 ONE BOSTON MEDICAL CENTER PLACE BOSTON MA 02118 DAVID MCANENY PRESIDENT 6176388000 2024-08-14 1 1 ZELJKO POPOVIC P01795951 6179881000 2024-08-14 2022 2024-08-08 14:25:15Z DAVID MCANENY ONE BOSTON MEDICAL CENTER PLACE BOSTON MA 02118 1049792 0 X HTTPS://WWW.BU.EDU/CHARLESMED/ X 1994 MA BOSTON UNIVERSITY AFFILIATED PHYSICIANS, INC.'S (BUAP) PRIMARY MISSION IS TO PROVIDE HEALTH CARE SERVICES IN A MANNER THAT PROMOTES HEALTH FOR THE BENEFIT OF THE COMMUNITY, TO PERFORM MEDICAL AND CLINICAL RESEARCH IN THE PUBLIC INTEREST, TO PROVIDE HEALTH AND MEDICAL EDUCATIONAL PROGRAMS IN A CHARITABLE MANNER ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, AND TO DO ALL ACTS NECESSARY OR EXPEDIENT FOR THE ADMINISTRATION OF ITS AFFAIRS AND THE ATTAINMENT OF ITS CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. 3 0 5 0 0 0 0 0 1118095 1049792 0 0 0 0 1118095 1049792 0 0 0 0 1089470 1145311 0 0 0 41923 24007 1131393 1169318 -13298 -119526 2876889 804598 2959298 1006533 -82409 -201935 X BOSTON UNIVERSITY AFFILIATED PHYSICIANS, INC.'S (BUAP) PRIMARY MISSION IS TO PROVIDE HEALTH CARE SERVICES IN A MANNER THAT PROMOTES HEALTH FOR THE BENEFIT OF THE COMMUNITY, TO PERFORM MEDICAL AND CLINICAL RESEARCH IN THE PUBLIC INTEREST, TO PROVIDE HEALTH AND MEDICAL EDUCATIONAL PROGRAMS IN A CHARITABLE MANNER ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, AND TO DO ALL ACTS NECESSARY OR EXPEDIENT FOR THE ADMINISTRATION OF ITS AFFAIRS AND THE ATTAINMENT OF ITS CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. 0 0 946648 1049792 BOSTON UNIVERSITY AFFILIATED PHYSICIANS, INC.'S (BUAP) PRIMARY MISSION IS TO PROVIDE HEALTH CARE SERVICES IN A MANNER THAT PROMOTES HEALTH FOR THE BENEFIT OF THE COMMUNITY, TO PERFORM MEDICAL AND CLINICAL RESEARCH IN THE PUBLIC INTEREST, TO PROVIDE HEALTH AND MEDICAL EDUCATIONAL PROGRAMS IN A CHARITABLE MANNER ON SUBJECTS USEFUL TO THE INDIVIDUAL AND BENEFICIAL TO THE COMMUNITY, AND TO DO ALL ACTS NECESSARY OR EXPEDIENT FOR THE ADMINISTRATION OF ITS AFFAIRS AND THE ATTAINMENT OF ITS CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. 946648 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X MARY BETH MOLLOY 6174144030 ONE BOSTON MEDICAL CENTER PLACE BOSTON MA 02118 X KATHLEEN E WALSH TRUSTEE (THRU 2/28/23) 0.50 52.00 X 0 2255596 28166 JOSEPH CAMILLUS TREASURER/TRUSTEE 0.50 50.00 X X 0 691417 121464 CHARLES TIFFT MD TRUSTEE 50.00 0.00 X 234668 0 48746 DAVID MCANENY MD PRESIDENT/TRUSTEE 0.50 50.00 X X 0 839195 27512 RICHARD SUGARMAN CLERK 0.50 50.00 X 0 301816 68289 RICHARD RESS MD PHYSICIAN 50.00 0.00 X 250520 0 60685 JUDITH LYTLE MD PHYSICIAN 50.00 0.00 X 237316 0 47601 JAMIE LEVY DIRECTOR OF PHYSICIAN PRACTICES 0.00 50.00 X 0 182520 34103 RAVIN DAVIDOFF MD FORMER PRESIDENT/TRUSTEE 0.00 51.00 X 0 363286 49475 DAVID BECK FORMER CLERK 0.00 53.00 X 0 628000 52061 722504 5261830 538102 3 1 1 0 0 OTHER REVENUE 900099 628470 628470 CONTRACT REVENUE 900099 348399 348399 PATIENT REVENUE 900099 72923 72923 1049792 1049792 1049792 0 0 292877 240159 52718 672358 551334 121024 180076 147662 32414 16101 16101 69 57 12 5607 5607 OTHER 2230 1829 401 1169318 946648 222670 0 579583 579083 2269161 210550 28145 14965 2876889 804598 29507 64622 2929791 941911 2959298 1006533 X -82409 -201935 -82409 -201935 2876889 804598 -119526 0 X 0 1 X 1 0 X SCHEDULE A, PART I BOSTON UNIVERSITY AFFILIATED PHYSICIANS, INC. (BUAP) WAS RECOGNIZED AS A HEALTHCARE ORGANIZATION DESCRIBED IN SECTION 170(B)(1)(A)(III) OF THE INTERNAL REVENUE CODE. BUAP DOES NOT OPERATE A FACILITY THAT IS OR IS REQUIRED TO BE LICENSED AS A HOSPITAL. THEREFORE, BUAP IS NOT REQUIRED TO FILE FORM 990, SCHEDULE H. 0 DUE TO AFFILIATES 941911 941911 X PART X, LINE 2: BOSTON UNIVERSITY AFFILIATED PHYSICIANS, INC. IS INCLUDED IN CONSOLIDATED FINANCIAL STATEMENTS. THE TEXT OF THE UNCERTAIN TAX POSITIONS FOOTNOTE INCLUDED IN THESE FINANCIAL STATEMENTS IS AS FOLLOWS: THE HEALTH SYSTEM, BMC, WELLSENSE, FACULTY AND THE PLANS, UDF, ECMF, BMCIC, BMCIC OF VERMONT, BUAP, BMCICS AND BACO ARE ALL NONPROFIT CORPORATIONS THAT HAVE BEEN RECOGNIZED AS TAX-EXEMPT PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CLEARWAY IS CONSIDERED A DISREGARDED ENTITY OF BMCHS FOR TAX PURPOSES AND ALL TAXABLE ACTIVITIES OF CLEARWAY ARE ATTRIBUTED TO AND REPORTED AT BMCHS. ALL CONTRACT RELATED REVENUE AND EXPENSES WERE RECORDED AT BMC AND EVALUATED FOR UNRELATED BUSINESS INCOME TAX (UBIT.) BMCHS RECOGNIZES TAX POSITIONS WHEN IT IS MORE-LIKELY THAN-NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. MANAGEMENT HAS CONCLUDED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT NEED TO BE RECORDED AS OF SEPTEMBER 30, 2023 AND 2022. BMCHS ANNUALLY ASSESSES WHETHER IT MUST RECOGNIZE UBIT EXPENSE. THE AMOUNTS RECOGNIZED AS UBIT EXPENSE WERE NOT MATERIAL TO BMCHS'S CONSOLIDATED OPERATIONS OR CHANGE IN NET ASSETS FOR THE YEARS ENDED SEPTEMBER 30, 2023 AND 2022. 0 1 0 0 0 0 0 0 0 KATHLEEN E WALSH TRUSTEE (THRU 2/28/23) 0 1403783 0 566720 0 285093 0 21350 0 6816 0 2283762 0 0 DAVID MCANENY MD PRESIDENT/TRUSTEE 0 599195 0 180000 0 60000 0 0 0 27512 0 866707 0 0 JOSEPH CAMILLUS TREASURER/TRUSTEE 0 485790 0 171125 0 34502 0 76668 0 44796 0 812881 0 24800 DAVID BECK FORMER CLERK 0 458767 0 113850 0 55383 0 21350 0 30711 0 680061 0 0 RAVIN DAVIDOFF MD FORMER PRESIDENT/TRUSTEE 0 305940 0 47250 0 10096 0 21350 0 28125 0 412761 0 0 RICHARD SUGARMAN CLERK 0 257706 0 41460 0 2650 0 17952 0 50337 0 370105 0 0 RICHARD RESS MD PHYSICIAN 249887 0 0 0 633 0 29905 0 30780 0 311205 0 0 0 JUDITH LYTLE MD PHYSICIAN 235167 0 0 0 2149 0 27539 0 20062 0 284917 0 0 0 CHARLES TIFFT MD TRUSTEE 233605 0 0 0 1063 0 27506 0 21240 0 283414 0 0 0 JAMIE LEVY DIRECTOR OF PHYSICIAN PRACTICES 0 166137 0 15252 0 1131 0 11984 0 22119 0 216623 0 0 SCHEDULE J, PART I, LINE 3 BOSTON UNIVERSITY AFFILIATED PHYSICIANS, INC. (BUAP) RELIED ON BOSTON MEDICAL CENTER (BMC), A RELATED ORGANIZATION OF BUAP, TO ESTABLISH ITS PRESIDENT/CEO'S COMPENSATION. THE METHODS UTILIZED BY BMC TO ESTABLISH THE PRESIDENT/CEO'S COMPENSATION ARE THE FOLLOWING: - COMPENSATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - FORM 990 OF OTHER ORGANIZATIONS - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE SCHEDULE J, PART I, LINE 4B CERTAIN EXECUTIVES REPORTED ON THE BUAP FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II ARE COMPENSATED BY BOSTON MEDICAL CENTER, A RELATED ORGANIZATION, FOR SERVICES THEY PROVIDED TO BOSTON MEDICAL CENTER. BOSTON MEDICAL CENTER PROVIDES A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN TO CERTAIN EXECUTIVES. AMOUNTS ARE CREDITED TO PARTICIPANTS' ACCOUNTS EACH YEAR. PLAN AMOUNTS ARE SUBJECT TO FORFEITURE AND PAYMENT ONLY IF CERTAIN CONDITIONS ARE MET, AS OUTLINED IN THE PLAN AGREEMENT. AMOUNTS VEST ON SPECIFIED DATES BASED ON CONTINUED EMPLOYMENT BUT NO LATER THAN THE EXECUTIVE'S SIXTY-SECOND BIRTHDAY. AMOUNTS ACCRUED IN THE PLAN ARE REPORTED IN SCHEDULE J, PART II, COLUMN C. THE AMOUNTS REPORTED FOR THE EXECUTIVES BELOW WERE CONTRIBUTED IN 2019 AND BECAME VESTED AND WERE PAID IN 2022. THE AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN B(III). CAMILLUS $30,848 BOSTON MEDICAL CENTER PROVIDED A 457(F) NONQUALIFIED DEFERRED COMPENSATION PLAN TO DAVID BECK, RAVIN DAVIDOFF, AND KATHLEEN WALSH. ALL THREE EXECUTIVES HAVE REACHED THE PLAN RETIREMENT AGE AND HAVE VESTED 100% IN THE PLAN. IN ADDITION, PURSUANT TO THE TERMS OF THE PLAN, ONCE THE PLAN PARTICIPANT REACHES THE PLAN RETIREMENT AGE, ALL FUTURE CONTRIBUTIONS ARE MADE IN CASH. ACCORDINGLY, 2022 CONTRIBUTIONS OF $53,400, $60,000, AND $277,500 WERE PAID IN CASH TO DAVID BECK, DAVID MCANENY AND KATHLEEN WALSH, RESPECTIVELY, IN 2022. THESE AMOUNTS ARE REFLECTED IN SCHEDULE J, PART II, COLUMN (B)(III). FORM 990, PART VI, SECTION A, LINE 2 RAVIN DAVIDOFF KATHLEEN WALSH (THRU 2/28/23) JOSEPH CAMILLUS DAVID MCANENY BUSINESS RELATIONSHIP - RAVIN DAVIDOFF, KATHLEEN WALSH, JOSEPH CAMILLUS, AND DAVID MCANENY ARE ALL EMPLOYEES OF BOSTON MEDICAL CENTER. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS BOSTON MEDICAL CENTER CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE CORPORATE MEMBER HAS THE RIGHT TO APPOINT MEMBER TRUSTEES. MEMBER TRUSTEES AT ALL TIMES ARE REQUIRED TO CONSTITUTE 60% OF THE TOTAL MEMBERS OF THE BOARD OF TRUSTEES. THE REMAINING MEMBERS OF THE BOARD OF TRUSTEES SHALL BE "PHYSICIAN TRUSTEES." PHYSICIAN EMPLOYEES HAVE THE RIGHT TO APPOINT PHYSICIAN TRUSTEES AS PROVIDED IN THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO THE FILING OF THE FORM 990 WITH THE IRS, THE FORM 990 WAS PREPARED BY OUR OUTSIDE TAX CONSULTANTS AND REVIEWED BY INTERNAL MANAGEMENT. THE AUDIT AND COMPLIANCE COMMITTEE OF THE BOSTON MEDICAL CENTER BOARD OF TRUSTEES THEN REVIEWED THE RETURN. EACH MEMBER OF BUAP'S BOARD WAS PROVIDED A COPY OF THE FINAL FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST QUESTIONNAIRES FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 2023 WERE DISTRIBUTED BY BMC HEALTH SYSTEM INC.'S, AN AFFILIATED ORGANIZATION, CORPORATE COMPLIANCE DEPARTMENT. THE CHIEF COMPLIANCE OFFICER OF BMC HEALTH SYSTEM INC. OR THE CHIEF COMPLIANCE OFFICER'S DESIGNEE QUERIES TRUSTEES, OFFICERS AND DIRECTORS ON AT LEAST AN ANNUAL BASIS REGARDING RELATIONSHIPS THAT MAY CREATE POTENTIAL CONFLICTS OF INTEREST. THE CHIEF COMPLIANCE OFFICER OR THE CHIEF COMPLIANCE OFFICER'S DESIGNEE REVIEWS ALL DISCLOSURES AND DETERMINES WHETHER THERE ARE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE CHIEF COMPLIANCE OFFICER OR THE CHIEF COMPLIANCE OFFICER'S DESIGNEE INFORMS THE CHIEF LEGAL COUNSEL OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE CHIEF LEGAL COUNSEL ADVISES THE BOARD OF TRUSTEES AND OFFICERS OF THE CORPORATION ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 15 BOSTON UNIVERSITY AFFILIATED PHYSICIANS (BUAP) RELIED ON BOSTON MEDICAL CENTER (BMC), A RELATED ORGANIZATION OF BUAP, TO ESTABLISH THE COMPENSATION OF ITS OFFICERS WHO ARE BMC EXECUTIVES. BMC USED AN INDEPENDENT COMMITTEE, FORMED OF INDIVIDUALS WHOSE COMPENSATION IS NOT IN ISSUE TO DETERMINE THE COMPENSATION OF OFFICERS WHO ARE BMC EXECUTIVES. THE COMMITTEE MEMBERS ARE NOT UNDER THE CONTROL OR DIRECTION OF ANY BMC EXECUTIVE SEEKING COMPENSATION. INDIVIDUAL EXECUTIVE COMPENSATION IS SUPPORTED BY COMPARABLE DATA, WHICH INCLUDES COMPENSATION PAID FOR COMPARABLE POSITIONS BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX-EXEMPT, COMPENSATION SURVEYS COMPILED INDEPENDENTLY, AND/OR ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE BMC EXECUTIVE. THE INDEPENDENT COMMITTEE'S ASSESSMENT OF THESE CONSIDERATIONS ARE CONTAINED IN THE MINUTES OF THE COMMITTEE MEETING. THE REVIEW PROCESS INCLUDES - AND MINUTES INDICATE - DISCUSSIONS AND EVALUATIONS OF EACH EXECUTIVE'S PRIOR PERFORMANCE, QUALIFICATIONS, AND EXPERIENCE. EXECUTIVES ARE NOT PRESENT FOR THE INDEPENDENT COMMITTEE'S DISCUSSION AND VOTE ON COMPENSATION. THE MINUTES REFLECT THE FACT THAT NO EXECUTIVE WAS PRESENT. FORM 990, PART VI, SECTION C, LINE 19 BOSTON UNIVERSITY AFFILIATED PHYSICIANS, INC. DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY PUBLICLY AVAILABLE. THE FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE. FORM 990, PART VII, SECTION A BOSTON UNIVERSITY AFFILIATED PHYSICIANS AND ITS RELATED ORGANIZATIONS DO NOT COMPENSATE ANY TRUSTEES IN THEIR CAPACITY AS A TRUSTEE. ALL COMPENSATION PAID IS FOR WORK PERFORMED AS PHYSICIANS OR OFFICERS. BOSTON MEDICAL CENTER ONE BOSTON MEDICAL CENTER PL BOSTON MA 02118 043314093 HEALTHCARE MA 501 (C) (3) 3 N/A 0 BMC HEALTH SYSTEM INC ONE BOSTON MEDICAL CENTER PL BOSTON MA 02118 463556853 SUPPORT SVCS. MA 501 (C) (3) 12 B-II BMC 1 BMC INTEGRATED CARE SERVICES INC ONE BOSTON MEDICAL CENTER PL BOSTON MA 02118 043414914 HEALTHCARE MA 501 (C) (3) 12 A-I BMCBACO 1 BMC INSURANCE COMPANY LTD 878 WEST BAY ROAD PO BOX 1159 GRAND CAYMAN CJ 980375219 INSURANCE CJ N/A C 1 CHARITABLE REMAINDER TRUST - MA (3) SUPPORT MA N/A T 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1