2026-08-14T12:13:33-05:00 2025-09-30 991856619 GRANT THORNTON ADVISORS LLC 53 STATE STREET SUITE 1600 BOSTON MA 02109 990 2024-10-01 042106700 MASSACHUSETTS HEALTH & HOSPITAL ASSOC INC MASS 7812626000 500 DISTRICT AVE BURLINGTON MA 01803 JAMES A VAHEY CFO 7812626000 2026-08-14 1 0 ERIN COUTURE P01390592 6177237900 2026-08-14 2024 2025-03-06 01:10:19Z STEVEN M WALSH 500 DISTRICT AVE BURLINGTON MA 01803 13320003 0 X WWW.MHALINK.ORG X 1936 MA TO ADVANCE THE HEALTH OF INDIVIDUALS AND COMMUNITIES BY SERVING AS (CONTINUED ON SCHEDULE O)THE LEADING VOICE FOR ALL MASSACHUSETTS HOSPITALS AND HEALTHCARE SYSTEMS AND TO HELP THEM PROVIDE HIGH QUALITY, COST-EFFECTIVE AND EQUITABLE PATIENT CARE. 30 29 45 31 233671 0 0 0 10928129 11345193 1803278 1099929 903020 766909 13634427 13212031 79156 45730 0 0 8028894 8479870 0 0 0 4658998 4731002 12767048 13256602 867379 -44571 19575357 18926551 6626878 5775064 12948479 13151487 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 THE MASSACHUSETTS HEALTH AND HOSPITAL ASSOCIATION (MHA) IS A VOLUNTARY, NOT-FOR-PROFIT ORGANIZATION COMPRISED OF HOSPITALS AND HEALTH SYSTEMS, RELATED PROVIDERS, AND OTHER MEMBERS WITH A COMMON INTEREST IN PROMOTING THE GOOD HEALTH OF THE PEOPLE OF MASSACHUSETTS. THROUGH LEADERSHIP IN PUBLIC ADVOCACY, EDUCATION, AND COLLABORATION, MHA REPRESENTS AND ADVOCATES FOR THE COLLECTIVE INTERESTS OF HOSPITALS AND HEALTHCARE PROVIDERS, WHILE SUPPORTING THEIR EFFORTS TO PROVIDE HIGH QUALITY, COST-EFFECTIVE, AND EQUITABLE PATIENT CARE. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 13 0 1 45 1 1 1 0 0 0 0 0 1 0 X 30 29 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X JAMES VAHEY 7812626062 500 DISTRICT AVE BURLINGTON MA 01803 STEVEN M WALSH PRESIDENT & CEO 37.50 2.00 X X 1230212 0 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 DIRECTOR (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 COGGINS MS PT CCC CHAIR (AS OF 01/2025) 1.00 2.00 X 0 0 0 MARCELA G DEL CARMEN MD MPH 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 37.50 2.00 X 425367 0 128490 MICHAEL SROCZYNSKI EVP, GOVT. ADVOCACY & GEN. COUNSEL 37.50 2.00 X 444249 0 48895 JAMES VAHEY CFO 37.50 2.00 X 255708 0 32946 PATRICIA NOGA VP, CLINICAL AFFAIRS 37.50 0.00 X 275549 0 40316 DANIEL MCHALE SVP, HEALTHCARE FINANCE & POLICY 37.50 0.00 X 215828 0 41211 SAMUEL MELNICK CHIEF COMMUNICATIONS OFFICER 37.50 0.00 X 207844 0 21482 ANU PURI EXECUTIVE DIR., CHIEF DATA OFFICER 37.50 2.00 X 203285 0 43006 EMILY DULONG VP, GOVT. ADVOCACY & PUBLIC POLICY 37.50 2.00 X 210104 0 23828 3468146 0 767984 28 0 1 0 FLUENT CONSULTANTS 9200 INDIAN CREEK PKWY SUITE 195 OVERLAND PARK KS 66210 SOFTWARE CONSULTING 334712 ACS SERVICES INC 160 MANLEY STREET BROCKTON MA 02301 IT SERVICES 208703 FOLEY & LARDNER PO BOX 78470 MILWAUKEE WI 53278 LEGAL 179260 TAYLOR NETWORKS 3 KNOWLES DRIVE BILLERICA MA 01821 IT SERVICES 172453 AFFILIATED ENTERPRISE SOLUTIONS 6500 RIVER PL BLVD BLD7 AUSTIN TX 78730 MARKETING/SALES 157143 10 MEMBERSHIP DUES 611710 10548360 10548360 SERVICE FEES- EDU. REV 611710 796833 796833 11345193 468156 468156 81060 107972 -26912 -26912 -23642 -3270 631773 0 631773 631773 631773 REFERRAL FEES 900099 518933 518933 MEETING/CATERING 900099 263249 15085 248164 PRINTING/POSTAGE 900099 9149 9149 2490 2490 793821 13212031 11881701 233671 1096659 45730 2349689 4567792 538733 543670 479986 17255 104689 458450 64238 1002490 421639 850004 688166 109080 21717 64389 215944 46961 CONFERENCE ROOM 489536 DUES & MEMBERSHIPS 79806 EMPLOYEE ACTIVITES 51171 SUBSCRIPTION/FILING FEE 45467 13256602 639918 544886 119273 148153 381120 317512 9624589 7999153 1474899 1625436 14571762 13669069 0 0 0 0 2388385 2621495 19575357 18926551 1304565 1884240 306656 247854 2481507 1321998 2534150 2320972 6626878 5775064 X 12948479 13151487 12948479 13151487 19575357 18926551 -44571 247579 0 X 0 1 X 1 0 0 0 0 10548360 1672244 1672244 1672244 132000 132000 1196684 1196684 0 4719250 4179593 539657 3576655 2622876 953779 0 1625436 OTHER INVESTMENTS 1497291 RIGHT-OF-USE ASSET 799861 CASH VALUE OF LIFE INSURANCE 324343 2621495 RETIREMENT PLAN OBLIGATION 1447291 LEASE OBLIGATIONS 688297 INTERCOMPANY PAYABLES 185384 2320972 X PART X, LINE 2: 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. 1 HEALTH EQUITY COMPACT INC 40 COURT STREET BOSTON MA 02108 990943875 501(C)(3) 7500 0 SEE PART IV 1 0 PART I, LINE 2: MHA MAKES GENERAL CONTRIBUTIONS, NOT GRANTS, TO CERTAIN ORGANIZATIONS SUPPORTING THE FOLLOWING EFFORTS: - HEALTH EQUITY COMPACT, INC. 1 X X X X X 0 1 0 STEVEN M WALSH PRESIDENT & CEO 825935 0 379210 0 25067 0 359419 0 28391 0 1618022 0 0 0 VALERIE FLEISHMAN EVP & CINO 347520 0 75780 0 2067 0 95700 0 32790 0 553857 0 0 0 MICHAEL SROCZYNSKI EVP, GOVT. ADVOCACY & GEN. COUNSEL 375106 0 65927 0 3216 0 20700 0 28195 0 493144 0 0 0 PATRICIA NOGA VP, CLINICAL AFFAIRS 220441 0 44474 0 10634 0 16506 0 23810 0 315865 0 0 0 JAMES VAHEY CFO 229119 0 22611 0 3978 0 15674 0 17272 0 288654 0 0 0 DANIEL MCHALE SVP, HEALTHCARE FINANCE & POLICY 214498 0 0 0 1330 0 13371 0 27840 0 257039 0 0 0 ANU PURI EXECUTIVE DIR., CHIEF DATA OFFICER 191909 0 9805 0 1571 0 12796 0 30210 0 246291 0 0 0 EMILY DULONG VP, GOVT. ADVOCACY & PUBLIC POLICY 199319 0 9800 0 985 0 12779 0 11049 0 233932 0 0 0 SAMUEL MELNICK CHIEF COMMUNICATIONS OFFICER 197754 0 9200 0 890 0 12524 0 8958 0 229326 0 0 0 PART I, LINE 4B: 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 A, LINE 1A DELEGATION OF AUTHORITY THE EXECUTIVE COMMITTEE MEETS SIX TIMES EACH YEAR TO ADDRESS INTERNAL OPERATIONAL POLICIES WHICH ARE LATER REVIEWED BY THE FULL GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS THE ASSOCIATION HAS SIX TYPES OF MEMBERS PER ITS BYLAWS: 1. INSTATE HOSPITALS 2. OTHER HEALTH CARE PROVIDERS 3. AFFILIATED MEMBERS 4. ALLIED MEMBERS 5. HONORARY/LIFETIME MEMBERS 6. HOSPITALS LICENSED OUTSIDE OF MASSACHUSETTS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO MAY ELECT MEMBERS OF GOVERNING BODY MHA HOLDS A GOVERNANCE COMMITTEE MEETING EACH YEAR TO DEVELOP A LIST OF OFFICERS WHO ARE PRESENTED TO THE ANNUAL MEMBERSHIP MEETING FOR VOTING OF THE MHA BOARD OF TRUSTEES FOR EACH YEAR. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL ANY CHANGES TO THE MHA BY-LAWS OR CORPORATE GOVERNANCE DOCUMENTS MUST BE APPROVED AT THE ANNUAL MEMBERSHIP MEETING EACH YEAR. OTHER CHANGES TO CORPORATE POLICIES AND PROCEDURES ARE APPROVED BY THE BOARD OR OTHER GOVERNANCE COMMITTEES. 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 B, LINE 15 PROCESS FOR DETERMINING COMPENSATION LINE 15A THE ORGANIZATION'S COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES IS AN INDEPENDENT COMMITTEE THAT DOES NOT HAVE ANY CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION PAID TO THE ORGANIZATION'S EXECUTIVES. THIS COMMITTEE REVIEWS THE CHIEF EXECUTIVE OFFICER'S ANNUAL GOALS AND PERFORMANCE. THE COMMITTEE SETS AND APPROVES THE COMPENSATION PACKAGE OF THE CHIEF EXECUTIVE OFFICER EACH YEAR. THE COMMITTEE HIRES A COMPENSATION CONSULTING FIRM TO PROVIDE EXPERTISE AND GUIDANCE REGARDING COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PEOPLE IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR SIZED ORGANIZATIONS, AND PERIODIC UPDATES AS PRUDENT. THE COMPENSATION REVIEW IS AN ANNUAL PROCESS AND IS DOCUMENTED EACH YEAR IN THE COMPENSATION COMMITTEE MINUTES, IN WHICH THE DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENT FOR THE CEO IS RECORDED. THE COMPENSATION COMMITTEE REPORTS ON ITS MEETINGS AND ACTIONS TO THE FULL BOARD OF TRUSTEES. LINE 15B THE CHIEF EXECUTIVE OFFICER MAKES RECOMMENDATIONS FOR REVIEW AND APPROVAL OF OFFICERS AND KEY EMPLOYEES' COMPENSATION TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE ORGANIZATION'S COMPENSATION COMMITTEE IS AN INDEPENDENT COMMITTEE THAT DOES NOT HAVE ANY CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION PAID TO THE ORGANIZATION'S EXECUTIVES. FROM TIME TO TIME, THE COMMITTEE HIRES A COMPENSATION CONSULTING FIRM TO PROVIDE EXPERTISE AND GUIDANCE REGARDING COMPARABLE COMPENSATION DATA FOR SIMILARLY QUALIFIED PEOPLE IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILAR SIZED ORGANIZATIONS, AND PERIODIC UPDATES AS PRUDENT. THE COMPENSATION REVIEW IS DOCUMENTED IN THE COMPENSATION COMMITTEE MINUTES, IN WHICH THE DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENT FOR OFFICERS AND KEY EMPLOYEES IS RECORDED. 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. MA HOSPITAL RESEARCH & ED ASSOCIATION 500 DISTRICT AVE BURLINGTON MA 01803 237039401 EDUCATION MA 501(C)(3) LINE 10 MHA 1 MA COUNCIL OF COMMUNITY HOSPITALS INC 500 DISTRICT AVE BURLINGTON MA 01803 043116067 SUPPORT MA 501(C)(6) N/A MHA 1 MHA SOLUTIONS INC 500 DISTRICT AVE BURLINGTON MA 01803 042915488 INSURANCE MA MHA C 1063377 614620 1.00000 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 1 MHA SOLUTIONS INC A 50700 FMV MHA SOLUTIONS INC I 53000 FMV MHA SOLUTIONS INC O 120000 FMV MHA SOLUTIONS INC O 40800 FMV MHA SOLUTIONS INC R 11357 FMV MHREA R 453736 FMV