Mount Auburn Professional Services Inc is located in Cambridge, MA. The organization was established in 1990. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2023, Mount Auburn Professional Services Inc employed 705 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Auburn Professional Services 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 09/2023, Mount Auburn Professional Services Inc generated $80.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $125.1m during the year ending 09/2023. While expenses have increased by 4.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Huang MD Edwin Trustee (ex-Officio) & President | OfficerTrustee | 1 | $0 |
Cahan MD Mitchell Trustee | Trustee | 1 | $0 |
Spencer MD Jacqueline Trustee | Trustee | 1 | $0 |
Kerndl John Treas (ex-Off) (evp & Cfo, Bilh) | Officer | 1 | $0 |
Rios Cindy Treas (ex-Off) (interim Cfo, Bilh) | Officer | 1 | $0 |
Katz ESQ Jamie Clerk (ex-Officio) | Officer | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dmm Aaf 725 Concord Ave Rental Services | 9/29/23 | $2,888,084 |
Cardinal Health Health Care Services | 9/29/23 | $1,391,799 |
Reservoir Medical Associates Shared Services | 9/29/23 | $1,342,184 |
Cardinal H Pharma Pharmaceuticals & Medical Services | 9/29/23 | $1,291,169 |
Aerotekactalent Scientific Engineering And Sciences Services | 9/29/23 | $1,174,756 |
| 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 | $80,887,406 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$2,511 |
| 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 | $80,941,995 |
| 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 | $71,488,980 |
| Pension plan accruals and contributions | $2,968,088 |
| Other employee benefits | $5,229,178 |
| Payroll taxes | $4,183,440 |
| Fees for services: Management | $1,269,773 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,039,162 |
| Advertising and promotion | $0 |
| Office expenses | $375,019 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,644,098 |
| 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 | $1,008,114 |
| Insurance | $2,923,752 |
| All other expenses | $869,353 |
| Total functional expenses | $125,126,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$99,634 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,468,065 |
| 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 | $1,042,483 |
| Net Land, buildings, and equipment | $9,421,738 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,784,362 |
| Other assets | $47,901,110 |
| Total assets | $67,518,124 |
| Accounts payable and accrued expenses | $11,608,391 |
| Grants payable | $0 |
| Deferred revenue | $122,238 |
| 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 | $93,991,270 |
| Total liabilities | $105,721,899 |
| Net assets without donor restrictions | -$38,203,775 |
| 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 | $67,518,124 |