2018-06-08T11:40:40-05:00 2017-08-31 042571780 ALEXANDER ARONSON FINNING & CO PC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2016-09-01 050355097 THUNDERMIST HEALTH CENTER THUN 4017674100 25 JOHN A CUMMINGS WAY WOONSOCKET RI 02895 JEANNE LACHANCE CHIEF EXECUTIVE OFFICER 4017674163 2018-06-01 1 MATTHEW HUTT CPA P01070603 5083669100 2018-06-01 2016 2022-09-23 18:48:47Z X JEANNE LACHANCE 171 SERVICE AVENUE BUILDING 2 WARWICK RI 02886 47886125 0 X WWW.THUNDERMISTHEALTH.ORG X 1969 RI TO IMPROVE THE HEALTH OF OUR PATIENTS AND COMMUNITIES BY DELIVERING EXCEPTIONAL HEALTH CARE, REMOVING BARRIERS TO THAT CARE AND PROMOTING HEALTHY LIFESTYLES. 16 16 548 122 0 0 8239763 9479841 32185687 38014625 13801 13787 298676 59777 40737927 47568030 0 0 0 0 27394248 31627448 0 0 144812 12060530 14619297 39454778 46246745 1283149 1321285 33612969 36141770 8920897 11142318 24692072 24999452 TO IMPROVE THE HEALTH OF OUR PATIENTS AND COMMUNITIES BY DELIVERING EXCEPTIONAL HEALTH CARE, REMOVING BARRIERS TO THAT CARE AND PROMOTING HEALTHY LIFESTYLES. 0 0 40110404 38014625 TO IMPROVE THE HEALTH OF OUR PATIENTS AND COMMUNITIES BY DELIVERING EXCEPTIONAL HEALTH CARE, REMOVING BARRIERS TO THAT CARE AND PROMOTING HEALTHY LIFESTYLES. DURING THE FISCAL YEAR, WE SERVED APPROXIMATELY 45,000 PATIENTS WITH OVER 205,000 MEDICAL AND DENTAL VISITS. WE ALSO PROVIDED 149,000 PRESCRIPTIONS ON BEHALF OF OUR PATIENTS. 40110404 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 31 0 1 548 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 X THE ORGANIZATION 4017674100 25 JOHN A CUMMINGS WAY WOONSOCKET RI 02895 TIMOTHY HENRY CHAIRPERSON 2.00 1.00 X X 0 0 0 DAVID VALOIS VICE-CHAIRPERSON 2.00 1.00 X X 0 0 0 DOUG FAY TREASURER 2.00 1.00 X X 0 0 0 LINDA CANNISTRA SECRETARY 2.00 1.00 X X 0 0 0 LAURA ADAMS DIRECTOR 1.00 X 0 0 0 KATE BREWSTER DIRECTOR 1.00 X 0 0 0 MARY ELLEN CANIGLIA DIRECTOR 1.00 X 0 0 0 ERIN COONEY DIRECTOR 1.00 X 0 0 0 POLLY EDDY DIRECTOR 1.00 X 0 0 0 SANDRA ENOS DIRECTOR 1.00 X 0 0 0 FRANK FERRI DIRECTOR 1.00 X 0 0 0 CHERYL KING DIRECTOR 1.00 X 0 0 0 DONALD LARSEN DIRECTOR 1.00 X 0 0 0 PEGGY MARTINEZ DIRECTOR 1.00 X 0 0 0 ANDREA ROLLIN DIRECTOR 1.00 X 0 0 0 LAWRENCE TRIM DIRECTOR 1.00 X 0 0 0 CHARLES JONES PRESIDENT/CEO (TERMED 2/24/17) 39.00 1.00 X 239504 0 28217 JEANNE LACHANCE PRESIDENT/CEO (BEGINNING 5/11/17) 39.00 1.00 X 176701 0 22487 MICHAEL JAMES RYAN CHIEF FINANCIAL OFFICER 40.00 X 96749 0 14487 DAVID M BOURASSA CHIEF MEDICAL OFFICER 40.00 X 270065 0 35968 ERIC J PROSSEDA CORPORATE DENTIST DIRECTOR 40.00 X 282804 0 25610 LINDA BERMAN PHYSICIAN 40.00 X 232421 0 8303 SAPNA CHOWDHRY MEDICAL DIRECTOR 40.00 X 219862 0 11890 MICHAEL POSHKUS MEDICAL DIRECTOR 40.00 X 204358 0 23226 CHRISTOPHER KLAUS MEDICAL DIRECTOR 40.00 X 202395 0 20043 1924859 0 190231 46 0 1 0 MAIN STREET DENTAL LAB 147 ORCHARD AVENUE WAKEFIELD RI 02879 DENTAL 104093 1 83845 8356755 1039241 9479841 NET PATIENT SERVICE REVENUE 621498 38014625 38014625 38014625 13787 13787 124936 259057 -134121 -134121 -134121 78324 83845 59038 19286 19286 OTHER REVENUE 900099 174612 174612 174612 47568030 38014625 0 73564 880472 449215 362304 68953 24244783 21388506 2806407 49870 699401 605756 93041 604 4031871 3605348 417685 8838 1770921 1656849 105469 8603 85418 85418 79846 79846 781714 504061 277653 85842 74419 5731 5692 314349 294629 18775 945 858739 782136 76603 2073502 946832 1126670 122690 117118 5383 189 1019893 939485 80408 124793 57049 67744 MEDICAL AND PHARMACY SU 5915431 5915431 BAD DEBTS 861785 861785 PURCHASED AND CONTRACTE 739600 712265 27335 STAFF TRAINING AND RECR 549437 331470 217967 1006258 868050 137090 1118 46246745 40110404 5991529 144812 1211926 1377622 6150961 3874385 1550539 1428558 3069885 4924774 527738 527738 304608 459772 25023031 6187102 14744150 18835929 53486 5999676 4712992 33612969 36141770 3523623 3985583 2894500 2687750 2502774 4100780 0 368205 8920897 11142318 X 24446969 24930260 245103 69192 24692072 24999452 33612969 36141770 X 1321285 -1013905 X X 0 1 X 1 1 1 X 3949631 6565781 10354237 8079508 9479841 38428998 24208144 30515865 29511947 32185687 38014625 154436268 28157775 37081646 39866184 40265195 47494466 192865266 0 0 0 192865266 5650 1354 8345 13801 13787 42937 5650 1354 8345 13801 13787 42937 2199198 1786953 78180 189497 174612 4428440 30362623 38869953 39952709 40468493 47682865 197336643 0.97730 0.97390 0.00020 0.00020 X SCHEDULE A, PART III, LINE 12, EXPLANATION FOR OTHER INCOME: MISCELLANEOUS: 2012 AMOUNT: $ 2,199,198 2013 AMOUNT: $ 1,786,953 2014 AMOUNT: $ 78,180 2015 AMOUNT: $ 189,497 2016 AMOUNT: $ 174,612 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 854717 854717 14209878 2587916 11621962 1520035 654907 865128 4649060 2944279 1704781 3789341 3789341 18835929 INVESTMENT IN THC LANDLORD, LLC 1821080 DUE FROM RELATED PARTY 2481708 RESTRICTED CASH 222399 INVESTMENT IN LLC 187805 4712992 DEFERRED RENT PAYABLE 368205 368205 X PART X, LINE 2: THE HEALTH CENTER ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE HEALTH CENTER HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT AUGUST 31, 2017. THE AGENCY'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTION. GOLF TOURNAMENT 52450 25160 27290 950 355 13836 7509 250 9941 MOONLIGHT AT THE DUNES 76865 54160 22705 0 1503 0 15369 3300 3022 2 32854 4525 28329 1100 0 0 100 0 1803 162169 83845 78324 2050 1858 13836 22978 3550 14766 59038 19286 X X X 0 0 0 0 0 0 0 0 0 CHARLES JONES PRESIDENT/CEO (TERMED 2/24/17) 213506 0 25998 0 0 0 10675 0 17542 0 267721 0 0 0 JEANNE LACHANCE PRESIDENT/CEO (BEGINNING 5/11/17) 166178 0 10523 0 0 0 4985 0 17502 0 199188 0 0 0 DAVID M BOURASSA CHIEF MEDICAL OFFICER 255012 0 15053 0 0 0 18426 0 17542 0 306033 0 0 0 ERIC J PROSSEDA CORPORATE DENTIST DIRECTOR 220330 0 62474 0 0 0 8068 0 17542 0 308414 0 0 0 LINDA BERMAN PHYSICIAN 203942 0 28479 0 0 0 7715 0 588 0 240724 0 0 0 SAPNA CHOWDHRY MEDICAL DIRECTOR 217945 0 1917 0 0 0 10173 0 1717 0 231752 0 0 0 MICHAEL POSHKUS MEDICAL DIRECTOR 202583 0 1775 0 0 0 6072 0 17154 0 227584 0 0 0 CHRISTOPHER KLAUS MEDICAL DIRECTOR 201695 0 700 0 0 0 5199 0 14844 0 222438 0 0 0 A RHODE ISLAND EDUCATIONAL AND BUILDING ASSOCIATION 2010-08-02 4135000 TO REFINANCE EXISTING TAX-EXEMPT BOND FOR A LOWER INTEREST RATE 0 0 0 A 1240500 4135000 4135000 2009 0 0 0 0 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED TO THE GOVERNING BODY FOR APPROVAL BEFORE BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE ORGANIZATION REQUIRES ALL BOARD MEMBERS, CHIEF EXECUTIVE OFFICER, CHIEF FINANCIAL OFFICER AND SENIOR VICE PRESIDENTS TO DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICT. THIS INFORMATION IS REQUIRED TO BE COMPLETED AND RETURNED TO THE ADMINISTRATIVE SERVICES COORDINATOR FOR FILING. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE ANNUAL SURVEY COMPLETED BY THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS TO DETERMINE THE COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR KEY EMPLOYEES AND TOP MANAGEMENT OFFICIALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: SHARE OF LOSS IN INVESTMENT IN LLC 87,431. NET EFFECT OF CONSOLIDATION OF THC-MT,LLC -1,101,336. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A FINANCE COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE SELECTION OF THE INDEPENDENT AUDITORS, OVERSIGHT OF THE ANNUAL FINANCIAL STATEMENT AUDIT, AND APPROVAL OF THE FINANCIAL STATEMENTS. ONCE APPROVED, THE FINANCIAL STATEMENTS ARE PRESENTED TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. THIS POLICY HAS NOT CHANGED FROM THE PRIOR YEAR. THC MANAGER LLC 25 JOHN A CUMMINGS WAY WOONSOCKET RI 02895 364716323 REAL ESTATE RI 0 -525 THUNDERMIST HEALTH CENTER THC DEVELOPMENT COMPANY LLC 25 JOHN A CUMMINGS WAY WOONSOCKET RI 02895 371655355 REAL ESTATE RI 0 0 THUNDERMIST HEALTH CENTER THC-MT LLC 25 JOHN A CUMMINGS WAY WOONSOCKET RI 02895 274498874 REAL ESTATE RI 127367 676886 THUNDERMIST HEALTH CENTER THE LANDLORD LLC 25 JOHN A CUMMINGS WAY WOONSOCKET RI 02895 274499053 OWNS A BUILDING IN WEST WARWICK, RI RI THC MANAGER LLC RELATED 159087 6054731 0 1 1.00000 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 THC-LANDLORD LLC I 788539 FAIR MARKET VALUE THC-LANDLORD LLC M 52039 FAIR MARKET VALUE