2016-08-01T11:48:46-05:00 2015-12-31 131639826 EISNERAMPER LLP 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2015-01-01 455454875 HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA INC HEAL 2153914909 1801 MARKET STREET NO 750 PHILADELPHIA PA 19103 MARTIN LUPINETTI EXECUTIVE DIRECTOR 2155753758 2016-07-26 1 HELEN M MARTIN P01330899 2158818800 2015 2016-12-15 16:53:06Z MARTIN LUPINETTI 1801 MARKET STREET NO 750 PHILADELPHIA PA 19103 3433402 0 X WWW.HSXSEPA.ORG X 2012 PA HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. (HSX OR ORGANIZATION) IS A PENNSYLVANIA NOT FOR PROFIT ORGANIZATION FORMED IN MAY 2012 TO ENHANCE HEALTHCARE ORGANIZATIONS' ABILITY TO SHARE AND MANAGE CLINICAL DATA AT EVERY STAGE OF THE CARE DELIVERY PROCESS THROUGH A HEALTH INFORMATION EXCHANGE.THE MISSION OF HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. IS TO CREATE A COLLABORATIVE AND COORDINATED HEALTHCARE ENVIRONMENT FOR SOUTHEASTERN PENNSYLVANIANS WHERE: HEALTHCARE PROVIDERS AND STAKEHOLDERS HAVE ACCESS TO SHARED COMMUNITY INFORMATION ASSETS TO SUPPORT KEY CLINICAL DECISIONS ACROSS CARE SETTINGS; QUALITY OUTCOMES, PATIENT SAFETY AND POPULATION HEALTH ARE IMPROVED; COSTS ARE CONTAINED THROUGH IMPROVED EFFICIENCY AND REDUCTION OF DUPLICATIVE SERVICES; PATIENTS AND CONSUMERS BENEFIT THROUGH AN IMPROVED EXPERIENCE WITH THE HEALTHCARE SYSTEM WITH SPECIAL FOCUS ON THE CHRONICALLY ILL AND UNDERSERVED COMMUNITIES. 12 12 20 0 0 0 1713242 355000 1419500 3075023 4501 3379 0 0 3137243 3433402 0 0 0 0 820986 1278011 0 0 0 1095694 2909548 1916680 4187559 1220563 -754157 2887221 1511969 1328945 707850 1558276 804119 X HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. (HSX OR ORGANIZATION) IS A PENNSYLVANIA NOT FOR PROFIT ORGANIZATION FORMED IN MAY 2012 TO ENHANCE HEALTHCARE ORGANIZATIONS' ABILITY TO SHARE AND MANAGE CLINICAL DATA AT EVERY STAGE OF THE CARE DELIVERY PROCESS THROUGH A HEALTH INFORMATION EXCHANGE.THE MISSION OF HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. IS TO CREATE A COLLABORATIVE AND COORDINATED HEALTHCARE ENVIRONMENT FOR SOUTHEASTERN PENNSYLVANIANS WHERE:HEALTHCARE PROVIDERS AND STAKEHOLDERS HAVE ACCESS TO SHARED COMMUNITY INFORMATION ASSETS TO SUPPORT KEY CLINICAL DECISIONS ACROSS CARE SETTINGS; QUALITY OUTCOMES, PATIENT SAFETY AND POPULATION HEALTH ARE IMPROVED; COSTS ARE CONTAINED THROUGH IMPROVED EFFICIENCY AND REDUCTION OF DUPLICATIVE SERVICES; PATIENTS AND CONSUMERS BENEFIT THROUGH AN IMPROVED EXPERIENCE WITH THE HEALTHCARE SYSTEM WITH SPECIAL FOCUS ON THE CHRONICALLY ILL AND UNDERSERVED COMMUNITIES. 0 0 3650358 3075023 ENHANCE HEALTHCARE ORGANIZATIONS' ABILITY TO SHARE AND MANAGE CLINICAL DATA AT EVERY STAGE OF THE CARE DELIVERY PROCESS THROUGH A HEALTH INFORMATION EXCHANGE. 3650358 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 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 0 0 0 0 1 15 0 1 20 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 PA X MARTIN LUPINETTI EXECUTIVE DIRECTOR 2153194905 1801 MARKET STREET SUITE 1750 PHILADELPHIA PA 19103 RICHARD SNYDER MD VICE CHAIRMAN 5.00 X X 0 0 0 JAMES BUEHLER MD TRUSTEE - RESIGNED 11/15 5.00 X 0 0 0 MARTIN CICCOCIOPPO TRUSTEE 5.00 X 0 0 0 KAREN THOMAS CHAIRMAN 5.00 X X 0 0 0 HEDY COHEN TRUSTEE - RESIGNED 3/15 5.00 X 0 0 0 ANDREA GELZER MD TRUSTEE 5.00 X 0 0 0 CAROLYN JACKSON TRUSTEE - RESIGNED 3/15 5.00 X 0 0 0 ELAINE MARKEZIN SECRETARY 5.00 X X 0 0 0 NEIL LUBARSKY TREASURER 5.00 X X 0 0 0 DONALD REED TRUSTEE 5.00 X 0 0 0 MICHAEL RESTUCCIA TRUSTEE 5.00 X 0 0 0 JONATHAN STERNLIEB MD TRUSTEE 5.00 X 0 0 0 SANDRA GOMBERG TRUSTEE - ELECTED 5/15 5.00 X 0 0 0 JOSEPH BRAND TRUSTEE - ELECTED 7/15 5.00 X 0 0 0 A SCOTT MCNEAL DO TRUSTEE 5.00 X 0 0 0 MARTIN LUPINETTI EXECUTIVE DIRECTOR 40.00 X 200236 0 27074 DANIEL WILT SENIOR DIRECTOR OF INFORMATION TECHNOLOGY AND CHEI 40.00 X 171379 0 26450 PAM CLARKE SENIOR DIRECTOR OF MEMBER SERVICES AND CHIEF POLIC 40.00 X 136188 0 27258 RAKESH MATHEW PROGRAM MANAGER 40.00 X 145655 0 27671 JENNIFER NATALE SENIOR MANAGER OF ENGAGEMENT & ADOPTION 40.00 X 115718 0 19764 769176 0 128217 5 0 1 0 AUDACIOUS INQUIRY LLC 5523 RESEARCH PARK DRIVE SUITE 370 BALTIMORE MD 21228 PROFESSIONAL TECH SVCS 1103521 QUALITY SYSTEMS INC 795 HORSHAM ROAD HORSHAM PA 19044 PROFESSIONAL TECH SVCS 983328 COOPER LEVINSON 1415 MARLTON PIKE EAST SUITE 205 CHERRY HILL NJ 08034 LEGAL 166910 AUGUSTINE CIO SUPPORT SERVICES LLC 8 N PEMBROKE AVENUE MARGATE CITY NJ 08402 IT CONSULTING 102228 4 355000 355000 MEMBERSHIP DUES 541900 3075023 3075023 3075023 3379 3379 3433402 3075023 0 3379 227310 136386 90924 848794 676544 172250 24213 19093 5120 104146 81237 22909 73548 55161 18387 221187 165890 55297 51879 38909 12970 338690 329109 9581 29244 14622 14622 42656 21328 21328 1760954 1744607 16347 124231 93173 31058 28301 21226 7075 22532 16899 5633 104903 78677 26226 31183 23387 7796 INDEPENDENT RISK AUDIT 59951 59951 0 MISC PAYROLL FEES 48889 46904 1985 MEALS & ENTERTAINMENT 23423 17569 5854 DUES AND SUBSCRIPTIONS 10954 5477 5477 10571 4209 6362 4187559 3650358 537201 0 2020346 741093 339210 290262 76588 56229 553373 128988 451077 424385 2887221 1511969 225977 621791 1070539 0 32429 86059 1328945 707850 X 1558276 804119 1558276 804119 2887221 1511969 -754157 0 X X 0 1 X 1 0 X 1202589 1713242 355000 3270831 114595 1379830 1419500 3075023 5988948 114595 2582419 3132742 3430023 9259779 0 0 0 9259779 174 5667 4501 3379 13721 174 5667 4501 3379 13721 114769 2588086 3137243 3433402 9273500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8960 1664 7296 24009 11253 12756 520404 116071 404333 424385 DEFERRED RENT 86059 86059 X 3433402 0 3433402 0 3433402 4187559 0 4187559 0 4187559 PART X, LINE 2: THE INTERNAL REVENUE SERVICE ("IRS") HAS CLASSIFIED HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"); AS AN ORGANIZATION, CONTRIBUTIONS TO WHICH ARE DEDUCTIBLE UNDER SECTION 170(C) OF THE CODE; AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A GOVERNMENT AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2015, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA, INC. RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH INCOME TAXES, IF ANY. THERE WERE NO INCOME TAX RELATED INTEREST AND PENALTIES RECORDED FOR THE YEARS ENDED DECEMBER 31, 2015 AND 2014. X X 0 0 0 0 0 0 0 0 0 MARTIN LUPINETTI EXECUTIVE DIRECTOR 167236 0 33000 0 0 0 6220 0 20854 0 227310 0 0 0 DANIEL WILT SENIOR DIRECTOR OF INFORMATION TECHN 154281 0 17098 0 0 0 6855 0 19595 0 197829 0 0 0 PAM CLARKE SENIOR DIRECTOR OF MEMBER SERVICES A 129808 0 6380 0 0 0 5000 0 22258 0 163446 0 0 0 RAKESH MATHEW PROGRAM MANAGER 133280 0 12375 0 0 0 5634 0 22037 0 173326 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 ONCE THE FORM 990 IS COMPLETED BY THE TAX PREPARERS, IT WILL BE SHARED, REVIEWED AND DISCUSSED BY THE FINANCE AND AUDIT COMMITTEE VIA CONFERENCE MEETING OR CONFERENCE CALL. ONCE THEY HAVE APPROVED IT AND WITH THEIR RECOMMENDATION, IT WILL BE SENT TO THE FULL BOARD OF TRUSTEES FOR COMMENT AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C ALL INTERESTED PARTIES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST AS SOON AS IT IS KNOWN. EACH MEMBER OF THE BOARD OF TRUSTEES, MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS, AND HSX MANAGEMENT ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR TOP OFFICERS IS DETERMINED AFTER CAREFULLY CONSIDERING THE PERSON'S QUALIFICATIONS AND ACHIEVEMENTS AND AFTER CONFERRING WITH INDEPENDENT PARTIES WHO ARE FAMILIAR WITH EXECUTIVE COMPENSATION FOR NONPROFIT ORGANIZATIONS. COMPARISION OF INDUSTRY DATA WAS ALSO UTILIZED IN DETERMINING COMPENSATION FOR TOP OFFICERS. AN INDEPENDENT COMMITTEE OF THE BOARD REVIEWS AND ANALYZES THE COMPENSATION OF SENIOR EXECUTIVES. THE FULL BOARD SUBSEQUENTLY APPROVED EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE GENERAL PUBLIC BY REQUEST TO THE ADMINISTRATIVE OFFICES OF THE ORGANIZATION AT THE ADDRESS AND PHONE NUMBER LISTED ON THE FORM 990. FORM 990, PART XII, LINE 2C: THE AUDIT COMMITTEE ASSUMES THE RESPONSIBILITY OF SELECTING AN INDEPENDENT ACCOUNTANT AND FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS. THE PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR.