Metrowest Emergency Physicians Inc
- Assets
- $2.2m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 46
- Location
- Framingham, MA
- Founding
- 06/1983
- Data as of
- 06/2021
- EIN
- 04-2739589
Organization Overview
Metrowest Emergency Physicians Inc is located in Framingham, MA. The organization was established in 1983. As of 06/2021, Metrowest Emergency Physicians Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Metrowest Emergency Physicians 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 06/2021, Metrowest Emergency Physicians Inc generated $9.1m 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 (7.9%) each year. All expenses for the organization totaled $9.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (7.6%) 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
TO PROVIDE TWENTY-FOUR HOUR PHYSICIAN COVERAGE IN THE EMERGENCY DEPARTMENTS OF METROWEST MEDICAL CENTERS IN NATICK AND FRAMINGHAM, MASSACHUSETTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE EMERGENCY MEDICAL CARE TO PATIENTS IN THE METROWEST AREA OF GREATER BOSTON. THE ORGANIZATION ALSO PROVIDES CHARITY CARE TO INDIGENT PATIENTS.
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 |
|---|---|---|---|
Lisa Sotir Parsons President/clerk/director/physician | OfficerTrustee | 40 | $403,863 |
Michael Vulfovich Physician | 40 | $387,535 | |
Kevin Stone Treasurer/director/physician | OfficerTrustee | 40 | $335,260 |
Amanda Lieu Physician | 40 | $309,696 | |
Catherine Horwitz Physician | 40 | $273,024 | |
Paul Kotzampaltiris Physician | 40 | $267,547 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Weatherby Locums | 6/29/21 | $318,984 |
Logixhealth Medical Billing | 6/29/21 | $509,221 |
Swain Healthcare Practice Mgmt Services | 6/29/21 | $161,000 |
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 | $9,125,754 |
| 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 | $9,125,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,877 |
| 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. | $802,672 |
| Compensation of current officers, directors, key employees. | $48,161 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,158,398 |
| Pension plan accruals and contributions | $592,955 |
| Other employee benefits | $315,956 |
| Payroll taxes | $244,326 |
| Fees for services: Management | $163,000 |
| Fees for services: Legal | $678 |
| Fees for services: Accounting | $22,656 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $658,572 |
| Advertising and promotion | $0 |
| Office expenses | $13,193 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,675 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,230 |
| Interest | $4,135 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $598,917 |
| All other expenses | $0 |
| Total functional expenses | $9,315,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,171,928 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $991,318 |
| 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 | $13,484 |
| 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 | $2,176,730 |
| Accounts payable and accrued expenses | $566,643 |
| 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 | $1,417,522 |
| Other liabilities | $620,750 |
| Total liabilities | $2,604,915 |
| Net assets without donor restrictions | -$428,185 |
| 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 | $2,176,730 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Metrowest Emergency Physicians Inc has recieved totaling $19,640.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $19,640 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Metrowest Emergency Physicians Inc Framingham, MA | $2,176,730 | $9,125,754 |
Litchfield County Dispatch Inc Torrington, CT | $4,607,865 | $3,792,547 |
Valatie Volunteer Rescue Squad Inc Valatie, NY | $523,506 | $1,818,815 |
Southwest Regional Communications Center Inc Shelton, CT | $1,381,655 | $1,718,341 |
Rutland Regional Health Services Rutland, VT | $27,972,939 | $2,108,097 |
Donald Mc Fee Memorial Ambulance Service Inc Mexico, NY | $385,945 | $1,211,803 |
North Central Connecticut Emergency Medical Services Council Inc Hartford, CT | $1,353,203 | $1,167,457 |
Ticonderoga Emergency Squad Inc Ticonderoga, NY | $2,329,484 | $440,554 |
Rocky Hill Volunteer Ambulance Assoc Inc Rocky Hill, CT | $1,415,256 | $425,653 |
Southern Tier Regional Emergency Medical Services Elmira, NY | $2,102,100 | $504,301 |
Cape & Islands Emergency Medical Services System Inc Hyannis, MA | $510,962 | $335,922 |
Town Of Esopus Volunteer Ambulance Squad Inc Port Ewen, NY | $684,351 | $260,549 |