Beth Israel Lahey Health Primary Care Inc
- Assets
- $28.5m
- Revenue
- $19.5m
- Investments
- $0.0
- Employees
- 236
- Location
- Burlington, MA
- Founding
- 11/2016
- Data as of
- 09/2022
- EIN
- 47-2248298
Organization Overview
Beth Israel Lahey Health Primary Care Inc is located in Burlington, MA. The organization was established in 2016. As of 09/2023, Beth Israel Lahey Health Primary Care Inc employed 236 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beth Israel Lahey Health Primary Care 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 09/2022, Beth Israel Lahey Health Primary Care Inc generated $19.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.4% each year . All expenses for the organization totaled $24.7m during the year ending 09/2022. While expenses have increased by 37.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINIC SPECIALTY SERVICESSEE SCHEDULE O
CLINIC PRIMARY CARESEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Longworth MD David Ttee, Chair, Pres (ex-Off); Bilhpc | OfficerTrustee | 1 | $0 |
Shorett Peter Ttee (ex-Off); Chief Strat Off, Bilh | Trustee | 1 | $0 |
Johnson MD Ms Facp Elizabeth Ttee (ex-Off), Chair, & President | OfficerTrustee | 1 | $0 |
Sneva Jeb Chief Financial Officer, Bilhpc | OfficerTrustee | 1 | $0 |
Kerndl John Asst Treas (ex-Off) (evp & Cfo,bilh) | Officer | 1 | $0 |
Rios Cindy Treas (ex-Off) (interim Cfo, Bilh) | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Beth Israel Lahey Health Inc (R) Beth Israel Lahey Health Professional Se | 9/29/22 | $2,094,255 |
Relatecare Llc Healthcare Consulting | 9/29/22 | $263,213 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $168,522 |
| 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 | $168,522 |
| Total Program Service Revenue | $19,272,815 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $80,340 |
| 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 | $19,521,677 |
| 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 | $13,836,768 |
| Other salaries and wages | $2,371,763 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $702,860 |
| 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 | $1,000 |
| Office expenses | $236,088 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,520,801 |
| Travel | $17,284 |
| 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 | $829,993 |
| Insurance | $290,821 |
| All other expenses | $106,100 |
| Total functional expenses | $24,741,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,100 |
| Savings and temporary cash investments | -$16,402 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,177,902 |
| 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 | $69,603 |
| Net Land, buildings, and equipment | $6,085,398 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $2,980,012 |
| Other assets | $18,166,478 |
| Total assets | $28,464,091 |
| Accounts payable and accrued expenses | $2,350,051 |
| 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 | $12,152,250 |
| Total liabilities | $14,502,301 |
| Net assets without donor restrictions | $13,961,790 |
| 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 | $28,464,091 |