Emerson Practice Associates Ii Inc
- Assets
- $768.8k
- Revenue
- $474.3k
- Investments
- $0.0
- Employees
- 139
- Location
- Concord, MA
- Founding
- 02/2014
- Data as of
- 09/2021
- EIN
- 80-0482067
Organization Overview
Emerson Practice Associates Ii Inc is located in Concord, MA. The organization was established in 2014. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. As of 09/2021, Emerson Practice Associates Ii Inc employed 139 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emerson Practice Associates Ii Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Emerson Practice Associates Ii Inc generated $474.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (26.9%) each year. All expenses for the organization totaled $474.3k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (26.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMERSON PRACTICE ASSOICATES II PROVIDES ACCESS TO HIGH QUALTIY AND COST EFFECTIVE PRIMARY AND SPECIALIST CARE IN THE COMMUNITIES SERVED BY EMERSON HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ACCESS TO HIGH QUALITY AND COST EFFECTIVE PRIMARY AND SPECIALTY CARE IN THE COMMUNITIES SERVED BY EMERSON HOSPITAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Lautz MD Physician | 0 | $1,237,519 | |
Arthur Lee MD Physician | 0 | $1,223,981 | |
James Spinelli MD Physician | 0 | $803,244 | |
John Dowd MD Physician | 0 | $602,909 | |
Atif Khan Physician | 0 | $517,841 | |
Christine Schuster President & CEO | OfficerTrustee | 2 | $0 |
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 | $474,313 |
| 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 | $474,313 |
| 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 | $409,626 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $64,687 |
| 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 | $474,313 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $763,882 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,906 |
| 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 | $0 |
| Total assets | $768,788 |
| 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 | $768,788 |
| Total liabilities | $768,788 |
| Net assets without donor restrictions | $0 |
| 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 | $768,788 |
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|---|---|---|
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Catalyst Institute Inc Boston, MA | $933,932,322 | $52,496,525 |
Extraordinary Home Care Bayside, NY | $10,125,734 | $37,003,889 |
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Last Mile Health Boston, MA | $29,516,883 | $24,591,447 |
Mercy Flight Inc Buffalo, NY | $49,278,322 | $26,481,483 |
Uhealthsolutions Inc Shrewsbury, MA | $43,602,743 | $21,401,980 |
North Shore-Lij Radiology Services P C Westbury, NY | $6,438,473 | $17,406,935 |