Mgb Pooled Holdings Llc
- Assets
- $14.0b
- Revenue
- $2.9b
- Investments
- $14.0b
- Employees
- 0
- Location
- Somerville, MA
- Founding
- 12/2017
- Data as of
- 09/2020
- EIN
- 82-1715859
Organization Overview
Mgb Pooled Holdings Llc is located in Somerville, MA. The organization was established in 2017. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mgb Pooled Holdings Llc 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 09/2020, Mgb Pooled Holdings Llc generated $2.9b in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (25.8%) each year.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
INVESTING POOLING ENTITY
Describe the Organization's Program Activity:
SEE SCHEDULE O
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter K Markell Treasurer, Secr & Mgr Until 03/31/21 | Officer | 1 | $0 |
John R Barker President, Manager | Officer | 1 | $0 |
Debra Sloan Manager | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,350,026,993 |
| Investment income | $21,834,674 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $493,351,216 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,865,212,883 |
| Statement of Expenses | |
|---|---|
| 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 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 | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $13,962,698,228 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,962,698,228 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $13,962,698,228 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nyu Langone Health System New York, NY | $245,971,553 | $8,933,478 |
Rih Ventures Providence, RI | $3,760,702 | $7,923,019 |
Integrated Healthcare Partners Wakefield, RI | $8,567,853 | $7,480,076 |
Montefiore Hospital Housing Section Ii Inc Bronx, NY | $12,841,652 | $6,647,600 |
Hudson Center For Health Equity And Quality Inc Tarrytown, NY | $2,027,375 | $2,100,690 |
Integriscript Inc Pittsfield, MA | $2,455,296 | $4,528,618 |
Hallmark Health Properties Inc Medford, MA | $18,752,595 | $1,945,268 |
Lumetra Healthcare Solutions Lake Success, NY | $2,523,732 | $1,926,997 |
New Dimensions In Living Inc Amsterdam, NY | $2,509,264 | $1,863,934 |
Community Econsult Network Inc Middletown, CT | $1,366,083 | $1,308,475 |
Center Information Services Inc Rochester, NY | $898,930 | $1,830,603 |
Foundation For Community Health Inc Sharon, CT | $30,623,690 | $1,365,078 |