2026-08-14T11:33:37-05:00 2025-09-30 991856619 GRANT THORNTON ADVISORS LLC 53 STATE STREET SUITE 1600 BOSTON MA 02109 990 2024-10-01 237039401 MASS HOSPITAL RESEARCH & EDUCATIONAL ASSOCIATION INC MASS 7812626000 500 DISTRICT AVENUE BURLINGTON MA 01803 JAMES A VAHEY CFO 7812626000 2026-08-14 1 1 ERIN COUTURE P01390592 6177237900 2026-08-14 2024 2025-03-06 01:10:19Z STEVEN M WALSH 500 DISTRICT AVE BURLINGTON MA 01803 449024 0 X WWW.MHALINK.ORG X 1966 MA TO PROMOTE THE HEALTH OF THE PEOPLE OF MA THROUGH THE (CONTINUED ON SCHEDULE O). DEVELOPMENT OF THE BEST POSSIBLE DELIVERY OF CARE, EXCLUSIVELY THROUGH RESEARCH AND EDUCATION. 30 29 0 0 0 0 0 407103 38866 41921 0 0 0 0 38866 449024 0 0 0 0 0 0 0 0 0 35 407138 35 407138 38831 41886 579678 196605 973667 548708 -393989 -352103 TO ADVANCE THE HEALTH OF INDIVIDUALS AND COMMUNITIES BY SERVING AS THE LEADING VOICE FOR ALL MASSACHUSETTS HOSPITALS AND HEALTHCARE SYSTEMS AND TO HELP THEM PROVIDE HIGH QUALITY, COST-EFFECTIVE AND EQUITABLE PATIENT CARE. 0 0 407138 0 41921 THE ASSOCIATION PROVIDES ASSISTANCE TO HEALTH CARE PROVIDERS AND THE HEALTH CARE COMMUNITY THROUGH RESEARCH IN THE DEVELOPMENT OF HEALTH CARE DELIVERY MODALITIES THAT PROVIDE HIGH QUALITY, COST EFFECTIVE, AND EQUITABLE PATIENT CARE. THE PURPOSE OF MHREA IS TO PROMOTE THE HEALTH OF THE PEOPLE OF MASSACHUSETTS THROUGH THE DEVELOPMENT OF THE BEST POSSIBLE DELIVERY OF CARE, EXCLUSIVELY THROUGH RESEARCH AND EDUCATION IN HEALTH CARE ORGANIZATION AND DELIVERY, MANAGEMENT, AND MANAGEMENT OPERATIONS. 407138 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 30 29 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X JAMES A VAHEY 7812626062 500 DISTRICT AVENUE BURLINGTON MA 01803 STEVEN M WALSH PRESIDENT & CEO 1.00 38.50 X X 0 1230212 387810 KEVIN B CHURCHWELL MD DIRECTOR 1.00 2.00 X 0 0 0 CHRISTINE C SCHUSTER RNMBA PAST CHAIR MOST RECENTLY RETIRED 1.00 2.00 X X 0 0 0 KEVIN TABB MD IMMEDIATE PAST CHAIR 1.00 2.00 X X 0 0 0 MICHAEL K LAUF MBA CHAIR 1.00 2.00 X X 0 0 0 ANNE KLIBANSKI MD CHAIR-ELECT 1.00 2.00 X X 0 0 0 MICHAEL J DANDORPH MBA TREASURER 1.00 2.00 X X 0 0 0 AIMEE B BREWER MPH SECRETARY 1.00 2.00 X X 0 0 0 ERIC WDICKSONMDMHCMFACEP DIRECTOR 1.00 2.00 X 0 0 0 CYNTHIA M PAGE PT MHPFACHE CCC CHAIR (THRU 01/2025) 1.00 2.00 X 0 0 0 SPIROS HATIRAS FACHE SCOPA CHAIR 1.00 2.00 X 0 0 0 NANCY W GADEN RNDNPNEA-BC DIRECTOR 1.00 2.00 X 0 0 0 JOSEPH R BETANCOURT MDMPH SCODHEI CHAIR 1.00 2.00 X 0 0 0 PETER J HEALY MHA DIRECTOR 1.00 2.00 X 0 0 0 THEA L JAMES MD FACEP DIRECTOR 1.00 2.00 X 0 0 0 CAROLYN B JACKSON MBA DIRECTOR (THRU 01/2025) 1.00 2.00 X 0 0 0 PRATT NORTON WILEY ESQ DIRECTOR 1.00 2.00 X 0 0 0 DEBORAH BITSOLI MBA CPA DIRECTOR 1.00 2.00 X 0 0 0 GLORIA CLOUGH MS RN DIRECTOR (THRU 01/2025) 1.00 2.00 X 0 0 0 ASSAAD J SAYAH MD FACEP CIAC CHAIR 1.00 2.00 X 0 0 0 DARLENE M RODOWICZMBAFHFMA SCOF CHAIR 1.00 2.00 X 0 0 0 LAURIE H GLIMCHER MD DIRECTOR 1.00 2.00 X 0 0 0 SAMUEL J SKURA MPH MBA DIRECTOR (THRU 01/2025) 1.00 2.00 X 0 0 0 ALLEN L SMITH MD MS DIRECTOR 1.00 2.00 X 0 0 0 ALASTAIR G BELL MD MBA DIRECTOR 1.00 2.00 X 0 0 0 DAVID O MCCREADY MBA MHA DIRECTOR 1.00 2.00 X 0 0 0 SUSAN MOFFATT-BRUCE MD PHD DIRECTOR 1.00 2.00 X 0 0 0 ROZANNA PENNEY CRNA MBA DIRECTOR 1.00 2.00 X 0 0 0 PETER D BANKO DIRECTOR (AS OF 01/2025) 1.00 2.00 X 0 0 0 DAVID COGGINGS MS PT CCC CHAIR DIRECTOR (AS OF 01/2025) 1.00 2.00 X 0 0 0 MARCELA G DEL CARMEN MD MP DIRECTOR (AS OF 01/2025) 1.00 2.00 X 0 0 0 JOHN R FERNANDEZ DIRECTOR (AS OF 01/2025) 1.00 2.00 X 0 0 0 DENISE JORDAN DIRECTOR (AS OF 01/2025) 1.00 2.00 X 0 0 0 CAROLANN WILLIAMS DIRECTOR (AS OF 01/2025) 1.00 2.00 X 0 0 0 VALERIE FLEISHMAN EVP & CINO 1.00 38.50 X 0 425367 128490 MICHAEL SROCZYNSKI EVP, GOVT. ADVOCACY & GEN. COUNSEL 1.00 38.50 X 0 444249 48895 JAMES VAHEY CFO 1.00 38.50 X 0 255708 32946 0 2355536 598141 0 0 1 0 0 407103 407103 RESEARCH & EDUCATION 900099 41921 41921 41921 449024 41921 0 0 EQUIPMENT PURCHASE 407103 407103 FILING FEES 35 35 407138 407138 0 0 119395 190058 460283 6547 579678 196605 10514 500 963153 548208 973667 548708 X -393989 -352103 -393989 -352103 579678 196605 41886 0 X 0 1 X 1 0 X 1312794 1042018 0 0 407103 2761915 32745 31992 35854 38866 41921 181378 1345539 1074010 35854 38866 449024 2943293 0 0 0 2943293 1345539 1074010 35854 38866 449024 2943293 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: ASC 740 FOOTNOTE MHREA IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF MASSACHUSETTS HEALTH & HOSPITAL ASSOCIATION (MHA). MHA AND MCCH ARE NOT-FOR-PROFIT ORGANIZATIONS DESCRIBED IN SECTION 501(C)(6) OF THE CODE, AND ARE GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. MHREA IS A NOT-FOR-PROFIT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE CODE, AND IS GENERALLY EXEMPT FROM INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. MHA CAPTIVE HOLDINGS, LLC IS TREATED AS A PARTNERSHIP FOR INCOME TAX PURPOSES. MHA INSURANCE AGENCY AND MHA SOLUTIONS CAPTIVE INSURANCE CORPORATION ARE SUBJECT TO INCOME TAXES AS C CORPORATIONS. MHA AND AFFILIATES ARE REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAVE DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. MHA AND AFFILIATES ARE RESPONSIBLE FOR MAINTENANCE OF THEIR TAX-EXEMPT STATUS; IDENTIFYING AND REPORTING UNRELATED INCOME; DETERMINING FILING AND TAX OBLIGATIONS IN JURISDICTIONS IN WHICH THEY HAVE NEXUS. MHA AND AFFILIATES ARE REQUIRED TO ASSESS UNCERTAIN TAX POSITIONS AND HAVE DETERMINED THAT THERE WERE NO SUCH POSITIONS THAT ARE MATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. 0 1 0 0 0 0 0 0 0 STEVEN M WALSH PRESIDENT & CEO 0 825935 0 379210 0 25067 0 359419 0 28391 0 1618022 0 0 VALERIE FLEISHMAN EVP & CINO 0 347520 0 75780 0 2067 0 95700 0 32790 0 553857 0 0 MICHAEL SROCZYNSKI EVP, GOVT. ADVOCACY & GEN. COUNSEL 0 375106 0 65927 0 3216 0 20700 0 28195 0 493144 0 0 JAMES VAHEY CFO 0 229119 0 22611 0 3978 0 15674 0 17272 0 288654 0 0 PART I, LINE 3 PROCESS FOR DETERMINING COMPENSATION A RELATED ORGANIZATION USES THE FOLLOWING METHODS TO ESTABLISH COMPENSATION OF THE CEO: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY FORM, 990 OF OTHER ORGANIZATIONS AND APPROVAL BY THE COMPENSATION COMMITTEE. PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE PRESIDENT AND CEO, PARTICIPATES IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. NO AMOUNTS WERE PAID OUT DURING CALENDAR YEAR 2024 OR FISCAL YEAR ENDED SEPTEMBER 30, 2025. $158,594 WAS CONTRIBUTED TO THE PLAN DURING THE CALENDAR YEAR 2024. THE PRESIDENT AND CEO AND ANOTHER LISTED EXECUTIVE ARE SUBJECT TO A RETENTION PLAN WHICH IS SUBJECT TO RISK OF FORFEITURE BASED ON LENGTH OF SERVICE. AMOUNTS ACCRUED UNDER THE RETENTION PLAN ARE INCLUDED IN SCHEDULE J, PART II COLUMN C. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 WAS PREPARED BY THE ORGANIZATION'S TAX SERVICE PROVIDER WITH INFORMATION PROVIDED BY THE CFO. THE FORM GOES THROUGH REVIEW BY THE CHIEF EXECUTIVE OFFICER PRIOR TO BEING PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE REVIEWS THE FORM 990 IN DETAIL AND APPROVES IT FOR SUBMISSION. A COPY IS ALSO MADE AVAILABLE TO ALL THE MEMBERS OF THE BOARD OF TRUSTEES TO REVIEW. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT THE ASSOCIATION MAINTAINS A WRITTEN CONFLICT OF INTEREST POLICY INCLUDED IN THE ASSOCIATION'S POLICIES AND PROCEDURES MANUAL. THIS MANUAL IS UPDATED AND DISSEMINATED TO EMPLOYEES AND TRUSTEES ANNUALLY. AT THE START OF EACH FISCAL YEAR, THE MANAGER OF HUMAN RESOURCES REQUIRES THAT EACH KEY EMPLOYEE, OFFICER AND TRUSTEE COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE TRUSTEES AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS. INDIVIDUALS WITH A CONFLICT OF INTEREST ARE PROHIBITED FROM PARTICIPATING IN THE DISCUSSION AND RESOLUTION OF THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE LIKEWISE PUBLISHED ON GUIDESTAR AND PROPUBLICA. THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY MAY BE PROVIDED AT MANAGEMENT'S DISCRETION, IF REQUESTED. MASSACHUSETTS HEALTH & HOSPITAL ASSOC 500 DISTRICT AVENUE BURLINGTON MA 01803 042106700 ADVOCACY MA 501(C)(6) N/A N/A 0 MA COUNCIL OF COMMUNITY HOSPITALS INC 500 DISTRICT AVENUE BURLINGTON MA 01803 043116067 SUPPORT MA 501(C)(6) N/A N/A 0 MHA SOLUTIONS INC 500 DISTRICT AVENUE BURLINGTON MA 01803 042915488 INSURANCE MA MHA SUBHOLD C 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 MASSACHUSETTS HEALTH & HOSPITAL ASSOC INC N 6547 CASH