2025-08-15T08:45:29+00:00 2024-09-30 135565207 KPMG LLP 60 South Street Boston MA 02111 990 2023-10-01 222861978 Lifespan Corporation LIFE 4014443500 167 Point Street Providence RI 02903 John Fernandez President & CEO 2025-08-15 true true KRISTIN ANDERSON P01231300 6179881000 2025-08-11 2023 2025-03-06 01:10:19Z Brown University Health John Fernandez 167 Point Street Providence RI 02903 358646994 false X www.brownhealth.org X 1994 RI Delivering health with care while maintaining a comprehensive, integrated, academic health system. Brown University Health provides support services to its affiliates to assure the delivery of high quality health services, medical education, and biomedical research. 18 14 1239 50 1370812 0 10000000 300454580 336854626 1777319 5717997 0 302231899 352572623 255802 230356 0 150628228 177365935 0 0 143875270 181667229 294759300 359263520 7472599 -6690897 252969121 478816383 204494753 392383499 48474368 86432884 X Delivering health with care. true false 359263520 230356 335776475 Lifespan Corporation (Brown Health) plans, directs, and establishes policies to assure the development and delivery of comprehensive, high-quality health services, health care professional education, and biomedical research by its hospitals and other affiliated organizations on an integrated, cost-effective basis. Brown Health provides support services to its affiliates, such as information services, risk management, legal, communications and public affairs, fundraising, facility development, strategic planning, internal audit/compliance, human resources, finance, payor contracting, and investment management, for which each affiliate is charged a fee equivalent to the estimated costs incurred by Brown Health in providing these services. In June 2024, Lifespan Corporation and Brown University finalized agreements to expand their longtime affiliation, with the goal to strengthen patient care, medical education, and biomedical research in the state of Rhode Island. As a part of these agreements, Lifespan Corporation is now doing business as Brown University Health. 359263520 true true false true false false false false false false true false true true true false true false false true false false false false false false true false true false false false false false false false true false false false false true true true true false false true X 175 0 true 1239 true true true true EI BD CA false false false false false false false false true false X 18 14 true false false false false false false true true false false true true true true true true true true true true RI X Peter K Markell 4014447914 167 Point Street Providence RI 02903 Alan H Litwin Vice Chair 4.0 5.0 X X 0 0 0 John Fernandez President & CEO 30.0 20.0 X X 2148746 0 307376 Lawrence A Aubin Sr Chair 5.0 3.0 X X 0 0 0 Peter Capodilupo Vice Chair 3.0 2.0 X X 0 0 0 Angel Taveras Director (as of 12/23) 1.0 0 X 0 0 0 Christoper Cocks Director 1.0 0 X 0 0 0 Edward D Feldstein Esq Director 0.5 2.5 X 0 0 0 Emanuel Barrows Director 1.5 5.5 X 0 0 0 Jane Williams PhD RN Director (Thru 12/23) 5.0 27.0 X 0 0 0 Janet Robinson Director 2.0 0 X 0 0 0 Lawrence B Sadwin Director 3.0 14.0 X 0 0 0 Martha Mainiero MD Director 0.5 3.5 X 0 0 0 Michael L Hanna Director 2.0 6.6 X 0 0 0 Paula McNamara Director 2.0 15.0 X 0 0 0 Phillip Kydd Director 3.0 3.5 X 0 0 0 Roger N Begin Director 2.0 10.5 X 0 0 0 Sarah T Dowling JD LLM Director 10.0 3.0 X 0 0 0 Shivan Subramaniam Director 4.3 1.2 X 0 0 0 Steven Pare Director (Thru 12/23) 10.0 11.0 X 0 0 0 Ziya l Gokaslan MD Director 2.0 42.5 X 0 1656599 52686 Eva Greenwood Treasurer 37.5 2.5 X 649185 0 87891 Paul j Adler Secretary 23.8 16.3 X 926856 0 151085 Peter k Markell EVP & CFO 45.0 15.0 X 1193642 0 18928 Cedric j Priebe SVP- Chief Information Officer 40.0 0 X 829711 0 111671 Kenneth E Wood Chief Clinical Officer (Thru 4/23) 40.0 0.0 X 420214 0 30670 Crista f Durand President - Newport Hospital 40.0 0 X 591433 0 118424 Henry t Sachs III MD President - Emma Pendleton Bradley Hospital 40.0 0 X 767763 0 29458 Maria p Ducharme President - The Miriam Hospital 40.0 0 X 690464 0 129757 Saul N Weingart MD President - Rhode Island Hospital 40.0 0 X 937729 0 359560 William Schmiedeknecht SVP- HR 40.0 0 X 656591 0 97990 Arthur j Sampson Former Interim President/CEO 0.0 0 X 87962 0 0 David a Kirshner Former Treasurer 0.0 0 X 135501 0 0 G Alan Kurose Former Director 0.0 0.0 X 0 593347 11416 Timothy j Babineau Former President & CEO 0.0 0 X 2343283 0 1336393 Todd A Conklin Former EVP & COO 0.0 0 X 116826 0 3532 12495906 2249946 2846837 313 true true false Epic Systems Corp 1979 Milky Way Verona WI 53593 IT Clinical Infrastr 7384849 Dell Financial Services PO Box 5292 Carolstream IL 60197 I/S Support Svcs. 2433868 Tek Systems Inc 7437 Race Road Hanover MD 21076 Consulting Services 2258369 Secureworks Inc PO Box 534583 Atlanta GA 30353 Info Security Svcs. 2134930 Automatic Data Processing (ADP) PO Box 842875 Boston MA 02284 Payroll Processing 1540164 72 10000000 10000000 Management Fees from Affiliates 551112 321488554 321488554 INSURANCE PREMIUM REVENUE 551112 11125083 10046932 1078151 SHARED SAVINGS AND ACO SUPPORT 551112 1666412 1666412 REBATE REVENUE 551112 930213 930213 MANAGEMENT SERVICE CHARGES 551112 606032 606032 1038332 1038332 0 0 336854626 2679226 208811 2470415 0 0 9113142 6074371 3038771 0 3038771 83850 2954921 0 0 0 0 0 352572623 335776475 1370812 5425336 230356 230356 8977022 8977022 3276919 3276919 125759936 125759936 9220073 9220073 20616492 20616492 9515493 9515493 39325 39325 9796282 9796282 843206 843206 710193 710193 657624 657624 27540528 27540528 0 0 2222101 2222101 8909396 8909396 38739752 38739752 15277031 15277031 877208 877208 1314737 1314737 631732 631732 67869338 67869338 Federal and State Taxes 2029092 2029092 Pension Admin Fees 1611000 1611000 Recruitment/Ee Recognition 1190509 1190509 Membership Dues 900185 900185 507990 507990 0 0 359263520 359263520 0 0 859233 709674 13313885 9366995 7540139 5769093 0 0 18574773 16862710 0 0 0 164378544 0 63926057 0 63538750 60538750 149142341 157264560 252969121 478816383 106742938 104145561 0 97751815 288237938 204494753 392383499 X 48474368 86432884 48474368 86432884 252969121 478816383 X -6690897 8329515 36319898 X false true X true false X X 5 Rhode Island Hospital 050258954 3 true 0 0 The Miriam Hospital 050258905 3 true 0 0 Emma Pendleton Bradley Hospital 050258806 3 true 0 0 Newport Hospital 050258914 3 true 0 0 Gateway Healthcare Inc 050309043 9 false 0 0 5 0 0 false false false false false false false false false false false false false false false true Schedule A, Part I, Line 12 Column (vi) Brown Health, in fulfillment of its exempt function as the parent organization of the Brown Health System, provides support services to its affiliates, for which each affiliate is charged a fee equivalent to the estimated costs incurred by Brown Health in providing these services. Support services include the following: information services, risk management, legal, communications and public affairs, fundraising, facility development, strategic planning, internal audit/compliance, human resources, finance, payor contracting, and investment management. Schedule A, Part IV, Section A, Line 1 Supported Orgs Listed By Name Since the Brown Health System is a continually growing and changing group of organizations, Brown Health, as a supporting organization, has listed the Organizations it supports in its governing documents by class rather than by specific name. Brown Health's purpose as a supporting organization is to operate for the benefit of and to support: each non-profit charitable hospital or other health care entity for which Brown Health serves as sole member, as well as the subsidiaries of each hospital or other health care entity that are affiliated with Brown Health. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false false false false true 688790 false true 21403 710193 Schedule C, Part II-B Description of Lobbying Activity Lobbying activities include contacts by Brown Health's government relations staff, external consultants, and volunteers with: (1) state legislators concerning matters pending in the Rhode Island legislature; (2) municipal elected officials and their staffs; and (3) state government regulatory officials. At the Federal level, during fiscal year 2024 there was contact with Congressional office holders and their staffs concerning issues of interest to Brown Health's hospitals. Brown Health is a member of various agencies which engage in lobbying activities on behalf of their members. The agencies and amounts charged to Brown Health for such activities in fiscal year 2024 are as follows: Association of American Medical Colleges: $588. Children;s Hospital Association: $16,739. National Association of ACOs (NAACOS): $247. Trauma Center Association of America: $750. Vizient, Inc.: $3,079. RISE, LLC - MORTGAGE BACKED SECURITIES 53389657 C RISE, LLC - MARKETABLE ALTERNATIVES 10536400 C 63926057 457(b) Plan Assets 50471781 Due from Affiliates 14232831 Escrow Accounts 17570144 Non-current Right of Use Assets 38171672 Other Assets 3389872 Workers' Comp Trust 19806961 RISE, LLC - ACCRUED INCOME RECEIVABLE 1642897 RISE, LLC - SHORT TERM INVESTMENTS 11978402 157264560 457(b) Plan Liabilities 50471781 Due to Affiliates 11894037 Executive SERP Liabilities 4346314 Noncurrent Pension Liability 3100300 Operating Lease Liabilities 39887207 Other Long-term Liabilities 4424801 RISE, LLC - INVESTMENTS PENDING SETTLEMENT 1118547 RISE, LLC - OUTSTANDING LOSSES & ADJ 172994951 288237938 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Brown Health and substantially all its affiliates are not-for-profit corporations as described in Section 501(c)(3) of the Internal Revenue Code (the Code) and are exempt from Federal income taxes pursuant to Section 501(a) of the Code. Brown Health recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Recognized income tax positions are measured at the largest amount of benefit that is greater than fifty percent likely to be realized upon settlement. Changes in measurement are reflected in the period in which the change in judgment occurs. Brown Health did not recognize the effect of any income tax positions in either 2024 or 2023. Central America and the Caribbean 0 0 Investments 86373777 Europe (Including Iceland and Greenland) 0 0 Investments 5797554 0 0 0 0 0 0 92171331 0 92171331 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual true American Heart Association One State Street Suite 200 Providence RI 02908 135613797 501(c)(3) 20000 0 Support Cardiovascular Health HOPE HEALTH HOSPICE 1085 NORTH MAIN STREET Providence RI 02904 510192422 501(c)(3) 10000 0 SPONSORSHIP INSTITUTION FOR STUDY & PRACTICE OF NONVIOLENCE 9 CENTRAL STREET Providence RI 02907 050517863 501(c)(3) 127500 0 Community Health Program Sponsorship RI PUBLIC EXPENDITURE COUNCIL 86 WEYBOSSET STREET Providence RI 02903 050271571 501(c)(3) 5500 0 Charitable Event Sponsorship 4 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds The Brown Health Community Services Department is responsible for administering the charitable giving of Brown Health. Brown Health Community Services focuses the Brown Health's grant assistance on 501(c)(3) non-profit organizations whose missions are similar to that of Brown Health, including healthcare, research, education, and/or improving the health status of the southern New England community. Brown Health only provides grant assistance to 501(C)(3) organizations to ensure that the funds are being used for charitable purposes. X X X true true X X X X X true true false false false false false true false Arthur j Sampson Former Interim President/CEO 86539 0 0 0 1423 0 0 0 0 0 87962 0 0 0 John Fernandez President & CEO 1208249 0 858333 0 82164 0 280199 0 27177 0 2456122 0 0 0 G Alan Kurose Former Director 0 426299 0 0 0 167048 0 1065 0 10351 0 604763 0 0 Ziya l Gokaslan MD Director 0 1511075 0 138000 0 7524 0 19800 0 32886 0 1709285 0 0 Timothy j Babineau Former President & CEO 0 0 0 0 2343283 0 1336393 0 0 0 3679676 0 2343283 0 David a Kirshner Former Treasurer 0 0 0 0 135501 0 0 0 0 0 135501 0 0 0 Todd A Conklin Former EVP & COO 0 0 0 0 116826 0 0 0 3532 0 120358 0 0 0 Peter k Markell EVP & CFO 883350 0 186333 0 123959 0 0 0 18928 0 1212570 0 0 0 Paul j Adler Secretary 641242 0 158116 0 127498 0 121810 0 29275 0 1077941 0 86031 0 Eva Greenwood Treasurer 450817 0 165150 0 33218 0 66165 0 21726 0 737076 0 0 0 Cedric j Priebe SVP- Chief Information Officer 582129 0 121792 0 125790 0 111457 0 214 0 941382 0 90419 0 Kenneth E Wood Chief Clinical Officer (Thru 4/23) 339698 0 0 0 80516 0 19031 0 11639 0 450884 0 0 0 Saul N Weingart MD President - Rhode Island Hospital 385768 0 0 0 551961 0 333093 0 26467 0 1297289 0 0 0 Maria p Ducharme President - The Miriam Hospital 503363 0 110180 0 76921 0 100021 0 29736 0 820221 0 44702 0 Henry t Sachs III MD President - Emma Pendleton Bradley Hospital 395625 0 92252 0 279886 0 0 0 29458 0 797221 0 0 0 William Schmiedeknecht SVP- HR 482342 0 121830 0 52419 0 92968 0 5022 0 754581 0 29311 0 Crista f Durand President - Newport Hospital 427588 0 72605 0 91240 0 88561 0 29863 0 709857 0 67564 0 Schedule J, Part I, Line 1a Tax indemnification and gross-up payments The Brown Health Executive Long-Term Disability program provides financial protection to designated Brown Health executives in the event that they become disabled. Premiums are paid to the insurance carrier by the insureds on an after-tax basis to allow for income replacement at a reasonable cost. The income associated with the premiums is grossed up to cover the total cost of the benefit as provided in the Brown Health Executive Benefit Plan and is included in Medicare wages, more specifically on Schedule J, Part II, Column B (iii). Schedule J, Part I, Line 1a Health or social club dues or initiation fees The job responsibilities of certain executives include development of relationships with business leaders and donors. Those relationships are facilitated by the ability to meet in private sessions during which focused business discussions take place. The University Club, which requires an individual membership, is a place in Providence, Rhode Island where businessmen and women, civic, community, and social leaders can gather in a businesslike atmosphere. The cost of membership is considered by Brown Health to be reasonable and necessary and thus a qualified business expense not taxable to the employee. IRS regulations regarding documentation requirements are followed for any payments made for meetings held at the respective club, including the business purpose and nature of the business benefit derived; the nature of the business discussion or activity; and the identity of the and business relationship of attendees. Schedule J, Part I, Line 1a Personal services Certain executives and management personnel received financial planning services paid for by Brown Health. In calendar year 2023 Brown Health provided this benefit to two executives disclosed in this return. The taxable amounts paid for this benefit is included in Medicare wages, more specifically on Schedule J, Part II, Column B (iii). Schedule J, Part I, Line 4a Severance or change-of-control payment The following individuals received severance and/or change of control payments during the calendar year ending December 31, 2023: Timothy J. Babineau, MD, former President & CEO: $2,003,019. Todd A. Conklin, Former Key Employee: $116,826. David A. Kirshner, former EVP & CFO: $135,501. Saul N. Weingart, President - RIH: $385,347. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan Brown Health offers a non-qualified supplemental employee retirement plan (SERP) to certain executives. The following individuals were credited with the non-vested amounts indicated during calendar year 2023 and such amounts are included in deferred compensation on Schedule J, Part II, Column C: Paul J. Adler - $102,010. Crista F. Durand - $68,761. John Fernandez - $280,199. Eva Greenwood - $66,165. G. Alan Kurose, MD - $1,065. Cedric J. Priebe - $91,657. William Schmiedeknecht - $73,168. Maria P. Ducharme - $80,221. In 2023, the following individuals became vested in and were paid a non-qualified supplemental employee retirement plan (SERP) amount and such amounts are included in Medicare wages, more specifically on Schedule J, Part II, Column B(iii): Paul J. Adler - $86,031. Timothy J. Babineau, MD - $340,264. Maria P. Ducharme - $44,702. Crista F. Durand - $67,564. Peter K. Markell - $105,000. Cedric J. Priebe - $90,419. Henry T. Sachs III, MD - $218,594. William Schmiedeknecht - $29,311. Saul N. Weingart, MD - $76,292. Kenneth E. Wood, DO - $50,728. The portion of the above payments that was reported as deferred compensation in prior years is reflected on Schedule J, Part II, Column F. Participants included in Brown Health's SERP are awarded plan contributions on a quarterly basis. Contributions and interest earned during a plan year vest after three years and are paid to plan participants at that time. SERP payments earned during the calendar year which have not yet vested are disclosed on Schedule J, Part II, Column C. Vested SERP payments received during the year are disclosed on Schedule J, Part II, Column B(iii) (as well as Column F if reported on Schedule J, Part II, Column C of a previously filed Form 990). Plan contributions awarded to participants who have reached age 62 become vested as of the beginning of the following calendar year. Schedule J, Part I, Line 7 Non-fixed payments Certain physicians and executives participate in incentive compensation plans arranged through individual contractual agreements which stipulate non-fixed payments based on meeting criteria comprised of various quality and productivity markers. New England Real Estate Holding Group LLC Chair & Director 250429 Rent false Schedule L, Part IV *Lawrence A. Aubin, Sr., Chair, and Michael Hanna, Director, are owners of New England Real Estate Holding Group, LLC (NEREHG), with which Brown Health has entered into an operating lease of a health care facility. During fiscal year 2024, Brown Health paid rent of $250,429 to NEREHG under the terms of its lease. Terms of the rent expense related to the lease have been established at fair market value. Form 990, Part III, Line 2 New program services Effective July 1, 2024, Brown Health's wholly owned captive insurance company, R.I. Sound Enterprises Insurance Co. Ltd., reorganized as a domestic limited liability company organized in the District of Columbia under a new company name, R.I. Sound Enterprises Insurance Co., LLC (RISE). Brown Health is the sole member of RISE and RISE is treated as a disregarded entity for federal income tax purposes. Form 990, Part V, Line 4b During the calendar year, Brown Health held an interest in investments held in foreign countries. The countries which Brown Health held foreign investments included the Cayman Islands and Ireland. Form 990, Part VI, Line 2 Business or Family Relationship of Officers, Directors, Etc. Lawrence A. Aubin, Sr., Chairman, and Michael L. Hanna, Director, are partners in the same for-profit organization. Form 990, Part VI, Line 1b *The spouse of Phillip Kydd, Director, is an owner of The Gemini Group, LLC, which provided business consulting and advisory services. During fiscal year 2024, Rhode Island Hospital paid fees to The Gemini Group, LLC under a standard business agreement transacted at terms representative of fair market value. Form 990, Part VI, Line 12c Brown Health has a Conflict of Interest Policy that is applicable to all affiliates and administered by Brown Health's Compliance Department as follows: Each designated person subject to Brown Health's conflict of interest policy is required to provide Brown Health with an initial disclosure statement and thereafter an annual statement attesting that: (i) the designated person has read and is familiar with this policy, and (ii) the designated person and, to the best of his/her knowledge, family members, have not in the past engaged in, are not presently engaging in, or plan to engage in, any activity which contravenes this policy. If, at any time during the course of employment or association, a designated person has reason to believe that an existing or contemplated activity may contravene this policy, the person shall submit a full written description of the activity to the Brown Health Compliance Officer or the Office of the General Counsel to seek a determination as to whether the contemplated activity does or does not contravene this policy. If the activity in question involves either the Chief Executive Officer, the Senior Vice President and General Counsel, or a Trustee, a full written disclosure must be made to, and a determination sought from, the Chairman of the Board of Directors of Brown Health. Annually, the Brown Health Compliance Officer shall review and report to the Brown Health Executive Corporate Compliance Committee and to the Brown Health Audit and Compliance Committee on the administration of this policy. Failure on the part of any designated person to comply with this policy, including failure to submit in a timely fashion the conflict-of-interest disclosure statement, will be grounds for removal from his/her position and/or termination of his/her employment with Brown Health. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY THE BROWN HEALTH FINANCE DEPARTMENT ACCOUNTING STAFF UPON COMPLETION OF BROWN HEALTH'S ANNUAL INDEPENDENT AUDIT AND IS REVIEWED BY THE CORPORATE SERVICES TAX COMPLIANCE MANAGER AND THE DIRECTOR OF FINANCE. ONCE THE DRAFT FORM 990 IS COMPLETE, THE RETURN IS PROVIDED WITH ALL SUPPORTING WORKSHEETS TO KPMG, WHICH THEN REVIEWS THE COMPLETED FORM IN DETAIL. KPMG PROVIDES THE DIRECTOR OF FINANCE WITH ANY RECOMMENDED CHANGES WHICH ARE REVIEWED, AND IF AGREED UPON, ARE INCORPORATED INTO THE RETURN. THE DRAFT FORM 990 IS THEN PROVIDED TO THE BROWN HEALTH EVP/CFO FOR FINAL MANAGEMENT REVIEW. Form 990, Part VI, Line 15a Process to establish compensation of top management official EXECUTIVE COMPENSATION Brown Health's executive compensation philosophy balances appropriate stewardship of resources and the need to be competitive in recruiting and retaining talented individuals. It incorporates market-competitive and performance-related principles, and covers the President and CEO of Brown Health as well as other officers, senior management, and key employees. Brown Health's executive compensation program complies both with law and with contemporary ethical norms, and is administered consistent with the organization's tax-exempt status under Section 501(c)(3) of the Internal Revenue Code (IRC) and the avoidance of transactions subject to intermediate sanctions under Section 4958 of the IRC. Executive compensation is also administered consistent with Brown Health's Corporate Compliance Policy on Excess Benefit Transactions. The Compensation Committee of the Brown Health Board of Directors (the Committee), comprised of disinterested Brown Health Board members, is responsible for diligent oversight of executive compensation to ensure compliance with IRC requirements. Its duties include: * Approving eligibility for participation in the executive compensation program * Approving changes in compensation for existing executive participants * Approving guidelines, such as salary ranges and contract terms, on appropriate levels of compensation for other key employees * Approving new, and modifying or terminating existing, executive compensation plans including, but not limited to, annual incentive and executive benefit plans * Approving performance objectives associated with Brown Health's annual incentive plan, including measuring points, and using verified actual performance relative to these objectives as a precondition to approving the payment of any awards under the plan * Authorizing periodic performance benchmark studies to be conducted for purposes of assessing Brown Health's performance within the healthcare industry and the degree to which total remuneration levels at Brown Health are generally commensurate with Brown Health performance relative to healthcare industry performance * Conducting an annual performance review of Brown Health's Chief Executive Officer. The Chair of the Committee conducts and documents this review, based on his/her observations and interpretation of feedback from members of the Board of Directors. * Selecting and engaging qualified, independent, third-party compensation valuation consultants that the Committee charges with rendering opinions with respect to the reasonableness and comparability of compensation as well as the comparative organizations against which compensation is assessed, in accordance with relevant sections of the IRC and Brown Health's executive compensation philosophy. Brown Health's Chief Executive Officer works closely with the Committee to make recommendations on the above topics and keep the Committee informed about contemplated compensation changes for executives and other key employees, as well as candidates for these roles. The CEO also provides periodic updates to the Committee regarding Brown Health's performance relative to compensation-related performance objectives. The Committee's deliberations and actions are documented in minutes prepared for each meeting. PROCESS FOR DETERMINING COMPENSATION Valuation of Total Cash and Total Remuneration: No less frequently than annually, the Committee receives and reviews a total cash compensation valuation of all existing executive compensation program participants prepared by its independent compensation consultant. Annually, the Committee also receives and reviews a total remuneration valuation of all existing executive compensation participants. Base Salary Actions: The CEO recommends any salary adjustments for participants in the executive compensation program, using the results of the valuation study and his/her assessment of individual performance or other pertinent information, for the Committee's consideration. New Participants in Executive Compensation Program: With respect to compensation offers for individuals expected to participate in the executive compensation program, certain members of the Brown Health CEO's leadership team work with the Committee's independent compensation consultant or rely on information previously provided by the consultant to establish a range of reasonable cash compensation within which recruitment is expected to conclude through acceptance of a reasonable compensation offer. Form 990, Part VI, Line 19 Required documents available to the public Brown Health and the Brown Health Obligated Group, which consists of Rhode Island Hospital, The Miriam Hospital, Emma Pendleton Bradley Hospital, Rhode Island Hospital Foundation, and The Miriam Hospital Foundation currently make their annual and quarterly consolidated financial statements available to the public via DAC (Digital Assurance Certification, LLC), a disclosure dissemination agent for issuers of tax-exempt bonds which electronically posts and transmits Brown Health's financial information to repositories and investors alike. In addition, copies of Brown Health's Articles of Incorporation, Bylaws, and Conflict of Interest Policy are available upon request from the office of the Brown Health EVP/CFO, either in person or by mail. Form 990, Part VII, Section A Paul J. Adler Paul J. Adler serves as Secretary of Brown Health and Affiliates, devoting 40+ hours per week to the combined organizations. As part of his responsibilities, he provides legal and administrative oversight to all of Brown Health's affiliated organizations disclosed in Schedule R. Mr. Adler's compensation was paid by Brown Health during calendar year 2023. John Fernandez John Fernandez serves as President of Brown Health and Affiliates, devoting 40+ hours per week to the combined organizations. As part of his responsibilities, he provides administrative oversight to all of Brown Health's affiliated organizations disclosed in Schedule R. Mr. Fernandez's compensation was paid by Brown Health during calendar year 2023. Ziya L. Gokaslan, MD Ziya L. Gokaslan, MD, Director, is also the Neurosurgeon-in-Chief at Rhode Island Hospital and The Miriam Hospital. As a full-time employee he devotes 40+ hours per week to the Neurosurgery service-line. His compensation is paid by Brown Health Medical Group. Eva Greenwood Eva Greenwood serves as Treasurer of Brown Health and Affiliates, devoting 40+ hours per week to the combined organizations. As part of her responsibilities, she provides financial oversight to all of Brown Health's affiliated organizations disclosed in Schedule R. Ms. Greenwood's compensation was paid by Brown Health during calendar year 2023. Peter K. Markell Peter K. Markell serves as EVP/CFO of Brown Health and Affiliates, devoting 40+ hours per week to the combined organizations. As part of his responsibilities, he provides financial oversight to all of Brown Health's affiliated organizations disclosed in Schedule R. Mr. Markell's compensation was paid by Brown Health during calendar year 2023. Cedric J. Priebe Cedric Priebe serves as SVP & Chief Information Officer of Brown Health and Affiliates, devoting 40+ hours per week to the combined organizations. As part of his responsibilities, he provides oversight to all of Brown Health's affiliated organizations disclosed in Schedule R. Mr. Priebe's compensation was paid by Brown Health during calendar year 2023. Timothy J. Babineau Timothy J. Babineau, MD, was the President & CEO of Brown Health as well as other affiliates thru June 1, 2022. As a full-time employee he devoted 40+ hours per week to these organizations. His compensation was paid by Brown Health. Todd A. Conklin Todd A. Conklin served as EVP & Chief Operating Officer of Rhode Island Hospital until April 6, 2022. As a full-time employee he devoted 40+ hours per week to this organization. Mr. Conklin's compensation was paid by Brown Health. Arthur J. Sampson Arthur J. Sampson, served as President of Brown Health and Affiliates until January 1, 2023. As a full-time employee he devoted 40+ hours per week to those organizations. His compensation is paid by Brown Health. David A. Kirshner David A. Kirshner served as EVP/CFO of Brown Health and Affiliates until November 9, 2022. During calendar year 2023 he was compensated $135,501 as part of a separation agreement with the organization. Form 990, Part VII, Section A The officers, members of executive management, and highest compensated employees disclosed in the Brown Health Form 990 for the fiscal year ended September 30, 2024 perform their roles, duties, and responsibilities not only for Brown Health but also for its four affiliated hospitals and many affiliated organizations included within the Brown Health health system. Form 990, Part VIII, Line 2f Other Program Service Revenue OTHER PROGRAM SERVICE REVENUE - Total Revenue: 1038332, Related or Exempt Function Revenue: 1038332, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in Funded Status of Pension & Other Postretirement - 1790612; Equity Transfer to Brown Health Medical Group. - -7174367; Equity Transfer to Brown Health Medical Group Primary Care - -13035942; Transfer of Net Assets of RI Sound Enterprises Insurance LLC - 54739595; Form 990, Part XII, Line 2a The Brown Health Audit and Compliance Committee assumes responsibility for oversight of the consolidated audit of Brown Health and affiliates' consolidated financial statements and the selection of Brown Health's independent accountant. Schedule F, Part I BROWN HEALTH ADMINISTERS A POOLED INVESTMENT FUND (THE POOL) ON BEHALF OF ITS AFFILIATES ORGANIZATIONS. FOR PURPOSES OF REPORTING BOTH UNRELATED BUSINESS INCOME ON FORM 990-T AND THE AGGREGATE VALUE OF FOREIGN INVESTMENTS DIRECTLY HELD BY THE POOL ON SCHEDULE F, ALL SUCH AMOUNTS HAVE BEEN INCLUDED ON THE RETURNS FILED BY BROWN HEALTH. FOR PURPOSES OF REPORTING INVESTMENT INCOME AND THE BALANCE SHEET VALUE ATTRIBUTABLE TO EACH BROWTH HEALTH AFFILIATE'S OWNERSHIP OF UNITS IN THE POOL, SUCH AMOUNTS HAVE BEEN REPORTED ON THE RESPECTIVE AFFILIATE'S RETURNS. EXPENDITURES RELATED TO FOREIGN ACTIVITIES ARE RECORDED ON THE ACCRUAL BASIS OF ACCOUNTING. Schedule F, Part I INVESTMENTS THE INVESTMENTS REPORTED ON SCHEDULE F, PART I REPRESENT BROWN UNIVERSITY ENDOWMENT INVESTMENTS DEPOSITED BY BROWN UNIVERSITY HEALTH SYSTEM AS A PARTICIPANT IN THE ENDOWMENT. THE RESPECTIVE ASSETS ARE ALLOCATED TO THE BALANCE SHEETS OF THE HOSPITALS AND FOUNDATIONS WITHIN THE SYSTEM, INCLUDING BROWN HEALTH. RI Sound Enterprises Insurance Co LLC 38 Eastwood Drive Suite 300 South Burlington VT 05403 980130364 Insurance Captive VT 14144951 247126237 100 ALC dba HSR 1 Virginia Avenue Suite 200 Providence RI 02905 050442015 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Bayberry Courts Inc 1 Virginia Avenue Suite 200 Providence RI 02905 204590384 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Bradley Hospital Foundation 167 Point Street Providence RI 02903 050500688 Philanthropic Activities RI 501(c)(3) 7 Brown University Health true Brown Health Medical Group 167 Point Street Providence RI 02903 050389801 Physician Health Care Services RI 501(c)(3) 10 Brown University Health true Brown Health Medical Group Primary Care 10 Davol Square Providence RI 02903 844944884 Physician Health Care Services RI 501(c)(3) 10 Brown University Health true Brown University Health Foundation 167 Point Street Providence RI 02903 050493219 Philanthropic Activities RI 501(c)(3) 7 Brown University Health true Capital City Community Centers Inc 1 Virginia Avenue Suite 200 Providence RI 02905 050259090 Daycare Services RI 501(c)(3) 7 Gateway Healthcare Inc false Emma Pendleton Bradley Hospital 1011 Veterans Memorial Parkway East Providence RI 02915 050258806 Pediatric Psychiatric Health Care Svcs RI 501(c)(3) 3 Brown University Health true Families Reaching Into Each New Day 1 Virginia Avenue Suite 200 Providence RI 02905 050504841 Bereavement Services for Children RI 501(c)(3) 7 Gateway Healthcare Inc false Gateway Healthcare Inc 1 Virginia Avenue Suite 200 Providence RI 02905 050309043 Subst. Abuse & Psych. Health Care Svcs RI 501(c)(3) 10 Brown University Health true Hospital Properties Inc 167 Point Street Providence RI 02903 222869743 Property Management RI 501(c)(4) Brown University Health true JM Apartments Inc 1 Virginia Avenue Suite 200 Providence RI 02905 050435537 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Lifespan of Massachusetts Inc 45 Baker Street 2nd Floor Providence RI 02905 043408517 Holding company RI 501(c)(3) Type I Brown University Health true Lifespan School Solutions Inc 140 Broadway Providence RI 02903 464910847 Educational Services RI 501(c)(3) 2 Emma Pendleton Bradley Hospital false LJR Corporation 1 Virginia Avenue Suite 200 Providence RI 02905 030508346 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Mill River Community Housing Corporation 1 Virginia Avenue Suite 200 Providence RI 02905 050427152 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Newport Health Care Corporation 11 Friendship Street Newport RI 02840 222535537 Holding Company/Mgmt Services RI 501(c)(3) 7 Brown University Health true Newport Health Property Management 11 Friendship Street Newport RI 02840 222335539 Property Management RI 501(c)(3) Type I Newport Health Care Corporation false Newport Hospital 11 Friendship Street Newport RI 02840 050258914 Health Care Services RI 501(c)(3) 3 Brown University Health true Newport Hospital Foundation Inc 11 Friendship Street Newport RI 02840 222535533 Philanthropic Activities RI 501(c)(3) 7 Brown University Health true NHCC Medical Associates Inc 11 Friendship Street Newport RI 02840 050472268 Health Care Services RI 501(c)(3) 10 Brown University Health true Obed Apartments Inc 1 Virginia Avenue Suite 200 Providence RI 02905 050422771 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Pathways Inc 1 Virginia Avenue Suite 200 Providence RI 02905 050393004 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Rhode Island Hospital 593 Eddy Street Providence RI 02903 050258954 Health Care Services RI 501(c)(3) 3 Brown University Health true Rhode Island Hospital Foundation 167 Point Street Providence RI 02903 050468736 Philanthropic Activities RI 501(c)(3) 7 Brown University Health true RIH Ventures 593 Eddy Street Providence RI 02903 050448686 Parking Facilities/Phlebotomy services RI 501(c)(3) 10 Brown University Health true Shore Courts Inc 1 Virginia Avenue Suite 200 Providence RI 02905 050504003 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false The Autism Project 1516 Atwood Avenue Johnston RI 02919 050512037 Services for children with Autism RI 501(c)(3) 10 Gateway Healthcare Inc false The Miriam Hospital 164 Summit Avenue Providence RI 02906 050258905 Health Care Services RI 501(c)(3) 3 Brown University Health true The Miriam Hospital Foundation 167 Point Street Providence RI 02903 050377502 Philanthropic Activities RI 501(c)(3) 7 Brown University Health true TLR Realty 1 Virginia Avenue Suite 200 Providence RI 02905 043742771 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Wentworth Corporation 1 Virginia Avenue Suite 200 Providence RI 02905 050488520 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Westerly Courts Inc 1 Virginia Avenue Suite 200 Providence RI 02905 611439766 Housing for Elderly and Mentally Ill RI 501(c)(3) 10 Gateway Healthcare Inc false Lifespan Health Alliance LLC 167 Point Street Providence RI 02905 812732225 Account. Care Org. RI NA Brown University Health MSO Inc 167 Point Street Providence RI 02903 050508717 Mgmnt Svcs RI Lifespan Corp C Corporation 188500 3483736 1 true Brown University Health Risk Services 167 Point Street Providence RI 02903 050459767 Risk Mgmnt RI Lifespan Corp C Corporation 2699000 696071 1 true VNA Technicare Inc (DBA Brown University Health Home Medical) 200 Corliss Street Providence RI 02904 050472710 DME Sales RI The Miriam Hospital C Corporation 0 0 false true false false false false false false false false true true true false false true true true false false Bradley Hospital Foundation O 732717 Accrual Emma Pendleton Bradley Hospital J 398780 Accrual Emma Pendleton Bradley Hospital L 11149025 Accrual Gateway Healthcare Inc J 120455 Accrual Gateway Healthcare Inc L 3859513 Accrual Gateway Healthcare Inc Q 2120667 Cash Brown Health Medical Group J 1957957 Accrual Brown Health Medical Group L 24151653 Accrual Lifespan School Solutions Inc J 61467 Accrual Lifespan School Solutions Inc L 1321363 Accrual Newport Hospital L 16794539 Accrual Newport Hospital Foundation Inc O 851397 Accrual Newport Hospital Foundation Inc Q 247529 Accrual Rhode Island Hospital J 1309978 Accrual Rhode Island Hospital K 2087373 Accrual Rhode Island Hospital L 197902247 Accrual Rhode Island Hospital Foundation O 2528391 Accrual Rhode Island Hospital Foundation Q 63817 Accrual The Miriam Hospital J 4838865 Accrual The Miriam Hospital L 67702904 Accrual The Miriam Hospital P 866549 Accrual The Miriam Hospital Foundation O 1047476 Accrual The Miriam Hospital Foundation Q 77115 Accrual Brown Health Medical Group Primary Care J 251725 Accrual Brown Health Medical Group Primary Care L 1301167 Accrual Brown University Health MSO Inc J 1159654 Accrual Brown University Health MSO Inc L 131607 Accrual Brown University Health MSO Inc Q 3393954 Cash Brown University Health Risk Services A 104815 Accrual VNA Technicare Inc (DBA Brown University Health Home Medical) L 123078 Accrual VNA Technicare Inc (DBA Brown University Health Home Medical) Q 1718460 Cash