Nonprofit · EIN 84-2098159
PACES CENTER FOR VALUE IN HEALTHCARE INC
Tax-exempt · FRAMINGHAM, MA 01701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,208,423 | $1,091,863 | $116,560 | $670,855 | $544,517 | $126,338 |
| December 31, 2023 | 990 | $520,001 | $562,311 | -$42,310 | $379,778 | $370,000 | $9,778 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,205,000
- Investment income
- $3,423
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $5,215
- Accounting fees
- $3,650
- Program services (functional)
- $1,077,510
- Management and general (functional)
- $14,353
Balance sheet and other
- Total assets, start of year
- $379,778
- Total assets, end of year
- $670,855
- Total liabilities, end of year
- $544,517
- Net assets, end of year
- $126,338
- Net assets without donor restrictions
- $126,338
- Gross receipts
- $1,208,423
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2019
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Francois de Brantes | Secretary Trustee or director, Officer | 5 | $0 |
| Joe Fifer | Board Member Trustee or director | 1 | $0 |
| Frank Opelka MD | Chair Trustee or director, Officer | 5 | $0 |
| Thomas Perloff | Treasurer Trustee or director, Officer | 5 | $0 |
| David Spaulding | Board Member Trustee or director | 1 | $0 |
| Stuart Altman | Board Member Trustee or director | 1 | $0 |
| Ryan Cobentz | Board Member Trustee or director | 1 | $0 |
| Renee McLaughlin MD | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Francois de Brantes | Secretary Trustee or director, Officer | 5 | $0 |
| Joe Fifer | Board Member Trustee or director | 1 | $0 |
| Frank Opelka MD | Chair Trustee or director, Officer | 5 | $0 |
| Thomas Perloff | Treasurer Trustee or director, Officer | 5 | $0 |
| David Spaulding | Board Member Trustee or director | 1 | $0 |
| Stuart Altman | Board Member Trustee or director | 1 | $0 |
| Ryan Cobentz | Board Member Trustee or director | 1 | $0 |
| Renee McLaughlin MD | Board Member Trustee or director | 1 | $0 |
| Jennifer Perloff | Chief Operating Officer Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 467 WINCH ST, FRAMINGHAM, MA 01701-3810
- Principal officer (990 for 2024)
- Thomas Perloff, 467 Winch Street, Framingham, MA 01701
- Signed the 990
- Thomas Perloff, Treasurer
- Phone
- (781) 736-3935
- Website
- https://www.pacescenter.org/
- Return prepared by
- Michael Rosen & Company
Mission
The Centers mission is to serve the public interest by educating consumers about value in healthcare, by promulgating voluntary consensus standards for the analysis of value in healthcare by payers and providers.
Program accomplishments
- The PACES Center worked with a number of organizations to implement the PACES episode grouper tool in their environment with internal data. We met with these groups to support their work and gather information on suggested changes/enhancements to the tool. We continue to follow legislative and regulatory updates on price transparency and are working on partnerships to create public facing tools.Expenses $1,077,510
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 84-2098159
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E80)
- Assets (IRS master file)
- $670,855
- Income (IRS master file)
- $1,208,423
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,208,423 | $1,091,863 | $670,855 | XML |
| 990 | December 2023 | $520,001 | $562,311 | $379,778 | XML |
| 990 | December 2022 | $315,000 | $698,351 | $52,088 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-2098159).
Questions about PACES CENTER FOR VALUE IN HEALTHCARE INC
- What is the EIN of PACES CENTER FOR VALUE IN HEALTHCARE INC?
- The employer identification number (EIN) of PACES CENTER FOR VALUE IN HEALTHCARE INC is 84-2098159.
- Is PACES CENTER FOR VALUE IN HEALTHCARE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to PACES CENTER FOR VALUE IN HEALTHCARE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PACES CENTER FOR VALUE IN HEALTHCARE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PACES CENTER FOR VALUE IN HEALTHCARE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PACES CENTER FOR VALUE IN HEALTHCARE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of PACES CENTER FOR VALUE IN HEALTHCARE INC?
- The 990 for the year ended December 31, 2024 names Thomas Perloff.
- Who are the officers and directors of PACES CENTER FOR VALUE IN HEALTHCARE INC?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does PACES CENTER FOR VALUE IN HEALTHCARE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,208,423, expenses of $1,091,863 and total assets of $670,855 at year end.
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