N H C C Medical Associates Inc
- Assets
- $2.6m
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newport, RI
- Founding
- 08/1985
- Data as of
- 09/2023
- EIN
- 05-0472268
Organization Overview
N H C C Medical Associates Inc is located in Newport, RI. The organization was established in 1985. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. N H C C Medical Associates Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NHCC MEDICAL ASSOCIATES, INC. (NHCCMA) SUPPORTS COMPREHENSIVE, INTEGRATED HEALTH CARE SERVICES THROUGH THE ENGAGEMENT OF PHYSICIANS AND OTHER HEALTH CARE PRACTITIONERS. (SEE SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FISCAL YEAR 2023 ACTIVITY WITHIN NHCCMA IS COMPRISED OF THE TRANSFER OF NET ASSETS TO LIFESPAN PHYSICIAN GROUP, INC. (LPG) IN SUPPORT OF PHYSICIANS AND HEALTH CARE PRACTITIONERS EMPLOYED BY LPG IN DEVELOPING MORE INTEGRATED AND COMPREHENSIVE HEALTHCARE SERVICES. (SEE SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy J Babineau Fmr. Officer | 0 | $0 | |
Kenneth E Wood DO Sec/treas- 4/23 | OfficerTrustee | 0 | $0 |
G Dean Roye MD Secretary | OfficerTrustee | 0.25 | $0 |
Jeffrey T Gaines MD Pres. & Treas. | OfficerTrustee | 1 | $0 |
Arthur J Sampson Designee- 1/23 | Trustee | 0 | $0 |
Christine Greenia MD Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
University Surgical Associates Physician Med Svs | 9/29/16 | $472,828 |
Weatherby Locums Physician Med Svs | 9/29/16 | $278,381 |
Leaders For Today Contract Labor | 9/29/16 | $313,495 |
University Orthopedics Physician Med Svs | 9/29/16 | $170,968 |
South County Ortho & Phys Therapy Physician Med Svs | 9/29/16 | $121,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,581,537 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,217 |
| Total assets | $2,582,754 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,544,901 |
| Total liabilities | $3,544,901 |
| Net assets without donor restrictions | -$962,147 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,582,754 |