2014-04-11T13:59:46-05:00 2013-05-31 263753134 CBIZ TOFIAS 500 BOYLSTON STREET BOSTON MA 02116 990 2012-06-01 042050773 MASSACHUSETTS MEDICAL SOCIETY MASS 7818934610 860 WINTER STREET WALTHAM MA 024511411 CHARLES T ALAGERO 7818934610 2014-04-08 1 CRAIG KLEIN P00734640 6177610600 2012 2015-11-30 17:44:51Z SAME AS ABOVE CORINNE BRODERICK 860 WINTER STREET WALTHAM MA 024511411 211390460 0 9253 X WWW.MASSMED.ORG X 1781 MA THE PURPOSE OF THE MASSACHUSETTS MEDICAL SOCIETY SHALL BE TO DO ALL THINGS AS MAY BE NECESSARY AND APPROPRIATE TO ADVANCE MEDICAL KNOWLEDGE, TO DEVELOP AND MAINTAIN THE HIGHEST PROFESSIONAL AND ETHICAL STANDARDS OF MEDICAL PRACTICE AND HEALTH CARE, AND TO PROMOTE MEDICAL INSTITUTIONS FORMED ON LIBERAL PRINCIPLES FOR THE HEALTH, BENEFIT AND WELFARE OF THE CITIZENS OF THE COMMONWEALTH. 30 23 432 0 18128877 -13283113 0 0 84747165 86674385 8942677 10272921 24848524 21601976 118538366 118549282 1181978 1191209 0 0 49793546 52415900 0 0 0 55967936 52761664 106943460 106368773 11594906 12180509 248779761 261578811 130761313 107415098 118018448 154163713 X THE PURPOSE OF THE MASSACHUSETTS MEDICAL SOCIETY SHALL BE TO DO ALL THINGS AS MAY BE NECESSARY AND APPROPRIATE TO ADVANCE MEDICAL KNOWLEDGE, TO DEVELOP AND MAINTAIN THE HIGHEST PROFESSIONAL AND ETHICAL STANDARDS OF MEDICAL PRACTICE AND HEALTH CARE, AND TO PROMOTE MEDICAL INSTITUTIONS FORMED ON LIBERAL PRINCIPLES FOR THE HEALTH, BENEFIT AND WELFARE OF THE CITIZENS OF THE COMMONWEALTH. 0 0 PUBLISHING:THE NEW ENGLAND JOURNAL OF MEDICINE JOURNAL WATCH EXPERIENCED A NEW LOOK FOR PRINT ISSUES AND A REDESIGNED WEBSITE, THE NEW ENGLAND JOURNAL OF MEDICINE JOURNAL WATCH ONLINE, WITH ENHANCED CONTENT, A MOBILE FRIENDLY FORMAT, AND MORE SUBSTANTIAL EDITOR PROFILES. SUBSCRIBERS CAN EASILY MOVE BETWEEN ARTICLES AND MANAGE ACCOUNT INFORMATION.THE NEW ENGLAND JOURNAL OF MEDICINE INTERACTIVE MEDICAL CASES (IMCS) WERE RECENTLY ACCEPTED BY THE AMERICAN BOARD OF INTERNAL MEDICINE FOR 2 POINTS EACH TOWARD THE SELF-EVALUATION OF MEDICAL KNOWLEDGE REQUIREMENT OF MAINTENANCE OF CERTIFICATION.THE NEW ENGLAND JOURNAL OF MEDICINE AND THE HARVARD BUSINESS REVIEW INITIATED A PILOT WEBSITE ON THE SIGNIFICANT CHANGES OCCURING IN HEALTH CARE TODAY. THE LEADING HEALTH CARE INNOVATION INSIGHT CENTER WAS AN EIGHT WEEK ONLINE FORUM DEDICATED TO HELPING LEADERS, MANAGERS AND OTHER DECISION MAKERS IN HEALTH CARE IMPROVEMENT, PATIENT OUTCOMES AND LOWER COST OF CARE. CONTINUED PUBLICATION OF THE NEW ENGLAND JOURNAL OF MEDICINE AND RELATED PUBLICATIONS IN BOTH PRINT AND ELECTRIC FORMAT, BOTH DOMESTICALLY AND INTERNATIONALLY. EDUCATIONAL:THE MASS MEDICAL SOCIETY AND THE HELLER SCHOOL AT BRANDEIS UNIVERSITY DEVELOPED AN EXECUTIVE LEADERSHIP CERTIFICATE PROGRAM FOR CURRENT AND FUTURE HEALTH CARE LEADERS.THE MASS MEDICAL SOCIETY LAUNCED A SIX-MODULE OPIOID PRESCRIBING SERIES TO ADDRESS OPIOID PRESCRIBING PRACTICES, MONITORING OPIOID THERAPY, AND MANAGING RISK WHEN PRESCRIBING OPIOIDS TO MEET THE MASSACHUSETTS BOARD OF REGISTRATION IN MEDICINE REQUIREMENTS IN OPIOID PRESCRIBING.THE SOCIETY CREATED A THREE PART ONLINE TRAINING SERIES INCLUDING MODULES ON ETHICS AND END OF LIFE CARE, COMMUNICATION AND CONFLICT RESOLUTION, AND ADVANCE CARE PLANNING.THE SOCIETY CO-SPONSORED THE 2013 DIRECTORS OF MEDICAL EDUCATION CONFERENCE, ATTENDED BY MORE THAN 65 PARTICIPANTS FROM ACCREDITED INSTITUTIONS.THE SOCIETY COLLABORATED WITH THE NATIONAL ACCREDITATION COUNCIL FOR CONTINUING MEDICAL EDUCATION TO COORDINATE AN ONLINE TRAINING SESSION FOR MASS MEDICAL SOCIETY ACCREDITED PROVIDERS. MEMBERSHIP:SOCIETY MEMBERSHIP REACHED ITS HIGHEST LEVEL IN 2013 WITH 24,175 TOTAL MEMBERS.STATE ADVOCACY INCLUDED MODIFICATIONS TO THE PRESCRIPTION MONITORING PROGRAM, REFORMS TO MEANINGFUL USE AS A CONDITION OF LICENSURE, PARTNERS IN PAYMENT REFORM AND IMPLEMENTATION OF THE AFFORDABLE CARE ACT AND RESPONSIBLE POLICIES FOR MEDICAL MARIJUANA.FEDERAL ADVOCACY INCLUDED SUPPORTING AND IMPLEMENTING THE AFFORDABLE CARE ACT, FEDERAL FUNDING FOR GRADUATE MEDICAL EDUCATION, REAUTHORIZATION OF THE FEDERAL CHILDREN'S HEALTH INSURANCE PROGRAM AND DEVELOPING A FRAMEWORK FOR A NEW MEDICARE PHYSICIAN PAYMENT FORMULA.PUBLIC HEALTH INCLUDED PURSUING PARITY FOR MENTAL AND BEHAVIORAL HEALTH, ADVANCING VIOLENCE PREVENTION AND INTERVENTION PROGRAMS, AND ADDRESSING HEALTH CARE DISPARITIES.THE SOCIETY RELEASED THE MMS GUIDE TO ACCOUNTABLE CARE ORGANIZATIONS: WHAT PHYSICIANS NEED TO KNOW, A 44 PAGE GUIDE FOR PHYSICIANS AND THEIR PRACTICE MANAGERS. 0 0 0 1 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 1 1 1 1 0 1 X 323 0 1 432 1 1 1 1 UK CA NL EI 0 0 1 1 0 X 30 23 1 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X JOHN W BURNS 7814347516 MASSACHUSETTS MEDICAL SOCIETY 860 WALTHAM MA 02451 LYNDA M YOUNG MD 0.30 0.00 X 66042 0 6875 RICHARD V AGHABABIAN MD 20.00 0.00 X X 116458 0 17000 RICHARD S PIETERS MD 12.00 0.00 X X 39583 0 0 PETER B KANG MD 4.00 0.00 X X 12500 0 0 JESSE M EHRENFELD MD 3.00 0.00 X X 19792 0 0 DEANNA P RICKER MD 12.00 0.00 X X 8500 0 16500 BRUCE S AUERBACH MD 0.30 0.00 X 0 0 0 RONALD W DUNLAP MD 12.00 0.00 X X 64584 0 0 DAVID A ROSMAN MD 3.00 0.00 X X 7292 0 0 JAMES B BROADHURST MD 0.30 0.00 X 0 0 0 HUBERT L CAPLAN MD 0.30 0.00 X 0 0 0 WILLIAM F DOYLE MD 0.30 0.00 X 0 0 0 HEIDI J FOLEY MD 0.30 0.00 X 0 0 0 EDITH M JOLIN MD 0.30 0.00 X 0 0 0 ANNA A MANATIS MD 0.30 0.00 X 0 0 0 JAMES R RALPH MD 0.30 0.00 X 0 0 0 ALAIN A CHAOUI MD 0.30 0.00 X 0 0 0 SARAH A KEMBLE MD 0.30 0.00 X 0 0 0 JUDD L KLINE MD 0.30 0.20 X 0 0 0 ROBIN S RICHMAN MD 0.30 0.00 X 0 0 0 CHARLES A WELCH MD 0.30 0.00 X 0 0 0 GEORGE ABRAHAM MD 0.30 0.00 X 0 0 0 JOSEPH C BERGERON MD 0.30 0.00 X 0 0 0 MARYANNE C BOMBAUGH MD 0.30 0.00 X 0 0 0 WILLIAM A COOK MD 0.30 0.00 X 0 0 0 CYRUS C HOPKINS MD 0.30 0.00 X 0 0 0 BARRY STEINBERG MD 0.30 0.00 X 0 0 0 ALAN C WOODWARD MD 0.30 1.50 X 0 0 0 CAROLE E ALLEN MD 0.30 0.00 X 0 0 0 JULIA F EDELMAN MD 0.30 0.00 X 0 0 0 JAMES FX KENEALY MD 0.30 0.00 X 0 0 0 THOMAS A LAMATTINA MD 0.30 0.00 X 0 0 0 JOHN J WALSH MD 0.30 0.00 X 0 0 0 CLAUDIA L KOPPELMAN MD 0.30 0.00 X 0 0 0 DAVID S ADELSTEIN III DO 0.30 0.00 X 0 0 0 B HOAGLAND ROSANIA MD 0.30 0.00 X 0 0 0 ROBERT HERTZIG MD 0.30 0.00 X 0 0 0 SAMIR K PATEL MD 0.30 0.00 X 0 0 0 NASIR A KHAN MD 0.30 0.00 X 0 0 0 KEITH C NOBIL MD 0.30 0.00 X 0 0 0 FRANCIS X ROCKETT MD 0.30 0.00 X 0 0 0 VINCENT J RUSSO MD 0.30 0.00 X 0 0 0 DANIEL E CLAPP MD 0.30 0.00 X 0 0 0 BASIL M MICHAELS MD 0.30 0.00 X 0 0 0 KEVIN P MORIARTY MD 0.30 0.00 X 0 0 0 SVEND W BRUUN MD 0.30 0.20 X 0 0 0 JOHN J LOONEY MD 0.30 0.00 X 0 0 0 M DENISE MILLIS MD 0.30 0.00 X 0 0 0 NIHAR R DESAI MD 0.30 0.00 X 0 0 0 TAJ M KATTAPURAM MD 0.30 0.00 X 0 0 0 BENJAMIN D SCHANKER 0.30 0.00 X 0 0 0 ARVIND NISHTAIA 0.30 0.00 X 0 0 0 CORINNE BRODERICK 50.00 0.40 X 493698 0 73129 JOHN W BURNS 50.00 0.20 X 284687 0 47192 CHRISTOPHER R LYNCH 50.00 0.00 X 407070 0 63498 JEFFERY M DRAZEN MD 50.00 0.00 X 602103 0 111453 CHARLES T ALAGERO 50.00 0.00 X 306536 0 51150 GREGORY D CURFMAN MD 50.00 0.00 X 378964 0 66837 ARTHUR P WILSCHEK 50.00 0.00 X 310162 0 58525 JONATHAN ADLER MD 50.00 0.00 X 317567 0 30441 EDWARD D CAMPION MD 50.00 0.00 X 311400 0 72490 3746938 0 615090 91 0 1 0 COLLABORATIVE CONSULTING LLC 70 BLANCHARD RD STE 500 BURLINGTON MA 01803 INFORMATION TECHNOLOGY 1653434 PRICEWATERHOUSECOOPERS PO BOX 7247-8001 PHILADELPHIA PA 191708001 ACCOUNTING/AUDIT 260100 JONES LANG LASALLE 1 POST OFFICE SQ BOSTON MA 02109 REAL ESTATE SERVICES 188156 DELOITTE TAX LLP PO BOX 2079 CAROL STREAM IL 601322079 TAX CONSULTING 173125 JOHN K INGLEHART 10200 ADDISON CT BETHESDA MD 20817 EDITORIAL 154500 10 PUBLISHING 511120 81449022 81449022 EDUCATIONAL FEES 611710 3701509 3701509 MEMBERSHIP DUES 900099 1523854 1523854 86674385 4572153 4572153 2598819 2598819 874280 0 874280 874280 874280 98540946 1000 92834457 6721 5706489 -5721 5700768 5700768 ADVERTISING 541800 15322726 15322726 BUSINESS SERVICES 900099 2105786 2105786 FORMS AND OTHER INCOME 900099 196000 196000 504365 504365 18128877 118549282 86674385 18128877 13746020 X 1019139 172070 2997306 32838817 7176782 6869767 2533228 82643 61333 91830 951927 11074980 2392656 7592445 2260744 7343658 1490541 1277236 3856588 538894 PUBL.-PRINTING AND PROD 8468926 PUBL.-MARKETING 3409797 CONFERENCING-FOOD COSTS 1341401 PUBL.-EDITORIAL 53535 472530 106368773 3177757 5553494 7300111 1265514 9560468 10518023 5369000 5168000 559332 526649 2791059 3598873 103422016 50301267 52118898 53120749 166182737 180083230 25000 25000 1695399 1719279 248779761 261578811 9278094 7581777 35755417 34872053 33758790 45343993 51969012 19617275 130761313 107415098 X 118018448 154163713 118018448 154163713 248779761 261578811 X 12180509 14536351 9428405 X 0 1 X 1 0 0 0 0 2387428 625451 625451 835600 -210149 131371898 13095301 144467199 135398163 1618575 -5644840 131371898 107509330 2347222 25541611 135398163 95784252 11725078 107509330 125946879 3155 -30165782 95784252 1.00000 0.00000 0.00000 0 0 16788125 16788125 40165617 17420869 22744748 2524823 1966264 558559 16181309 14705159 1476150 27762142 16208975 11553167 53120749 DEFERRED COMPENSATION 651469 UNFUNDED PENSION LIABILITY 16654784 OTHER LONG TERM LIABILITY 456654 DERIVATIVE INSTRUMENT LIABILITY 1854368 19617275 132140425 14536350 14536350 117604075 951927 -6720 945207 118549282 104782521 6720 -641045 -634325 105416846 951927 951927 106368773 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: BOARD DESIGNATED TO ENSURE THE LONG TERM FINANCIAL HEALTH OF THE SOCIETY. PART XI, LINE 4B - OTHER ADJUSTMENTS: ASSET DISPOSAL REPORTED IN PART VIII, LINE 7B -6,720. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN UNREALIZED LOSS ON DERIVATIVE INSTRUMENT -641,045. PART XII, LINE 2C - OTHER LOSSES: ASSET DISPOSAL REPORTED IN PART VIII, LINE 7B 6,720 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 UNRELATED BUSINESS 3837982 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICE SUBSCRIPTION SALES EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 PROGRAM SERVICE BULK REPRINT SALES EAST ASIA AND THE PACIFIC 0 0 UNRELATED BUSINESS 1204855 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE SUBSCRIPTION SALES EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICE BULK REPRINT SALES NORTH AMERICA 0 0 UNRELATED BUSINESS 1287008 NORTH AMERICA 0 0 PROGRAM SERVICE SUBSCRIPTION SALES NORTH AMERICA 0 0 PROGRAM SERVICE BULK REPRINT SALES 0 0 0 0 0 0 6329845 0 6329845 0 0 0 0 0 0 METHOD USED TO ACCCOUNT FOR EXPENDITURES: SCHEDULE F, PART I, LINE 3: ACCOUNTING METHOD: ACCRUAL BASIS. 1 MMS & ALLIANCE CHARITABLE FOUNDATION 860 WINTER ST WALTHAM MA 024511411 223199624 501(C)(3) 185500 NOT APPLICABLE NOT APPLICABLE COMMUNITY ACTION PHYSICIAN HEALTH SERVICES 860 WINTER ST WALTHAM MA 024511411 223234975 501(C)(3) 498000 NOT APPLICABLE NOT APPLICABLE ABUSE TREATMENT MASS MEDICAL BENEVOLENT SOC 860 WINTER ST WALTHAM MA 024511411 237089741 501(C)(3) 100000 NOT APPLICABLE NOT APPLICABLE FINANCIAL RELIEF MASS MEDICAL SOCIETY ALLIANCE 860 WINTER ST WALTHAM MA 024511411 237055291 501(C)(6) 25000 NOT APPLICABLE NOT APPLICABLE HEALTH EDUCATION AMA FOUNDATION 9050 PAYSHPERE CR CHICAGO IL 60674 366080517 501(C)(3) 14000 NOT APPLICABLE NOT APPLICABLE MEDICAL EDUCATION MA SOCIETY FOR MEDICAL RESEARCH 72 PRINCETON ST SUITE 311 N CHELMSFORD MA 01863 042770981 501(C)(3) 7500 NOT APPLICABLE NOT APPLICABLE MEDICAL RESEARCH 5 1 MEDICAL STUDENT GRANTS 17 160000 0 NOT APPLICABLE NOT APPLICABLE MEMBER LIFETIME ACHIEVEMENT AWARD 1 5000 0 NOT APPLICABLE NOT APPLICABLE INFORMATION TECHNOLOGY IN MEDICINE AWARD 2 6070 0 NOT APPLICABLE NOT APPLICABLE HISTORY OF MEDICAL ESSAY AWARD 1 1000 0 NOT APPLICABLE NOT APPLICABLE PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: AMOUNTS LISTED IN PART II ARE GENERAL UNRESTRICTED CONTRIBUTIONS AND NOT GRANTS. AMOUNTS QUALIFYING AS GRANTS ARE REPORTED IN PART III OF SCHEDULE I. THE FOLLOWING PROCESS APPLIES TO MEDICAL STUDENT GRANTS: STUDENTS MUST BE ENROLLED IN A MEDICAL SCHOOL IN MASSACHUSETTS. THE MEDICAL SCHOOLS SELECT CANDIDATES BASED ON THEIR ACADEMIC EXCELLENCE, COMMUNITY SERVICE AND FINANCIAL NEED. THE MASSACHUSETTS MEDICAL SOCIETY SELECTION COMMITTEE INTERVIEWS CANDIDATES AND FINAL AWARDS (GRANTS) ARE BASED ON THEIR DECISION. X X X X X X 0 0 0 CORINNE BRODERICK 413770 0 63428 0 16500 0 44589 0 28540 0 566827 0 0 0 JOHN W BURNS 211815 0 55872 0 17000 0 24726 0 22466 0 331879 0 0 0 CHRISTOPHER R LYNCH 297595 0 109475 0 0 0 31158 0 32340 0 470568 0 0 0 JEFFERY M DRAZEN MD 469614 0 115489 0 17000 0 87184 0 24269 0 713556 0 0 0 CHARLES T ALAGERO 255493 0 51043 0 0 0 22994 0 28156 0 357686 0 0 0 GREGORY D CURFMAN MD 358314 0 4150 0 16500 0 39415 0 27422 0 445801 0 0 0 ARTHUR P WILSCHEK 195002 0 109160 0 6000 0 24900 0 33625 0 368687 0 0 0 JONATHAN ADLER MD 316417 0 1150 0 0 0 1231 0 29210 0 348008 0 0 0 EDWARD D CAMPION MD 304250 0 7150 0 0 0 43860 0 28630 0 383890 0 0 0 VANESSA P KENEALY SEE BELOW 37903 SEE BELOW 0 PHYSICIAN'S INSURANCE AGENCY OF MASSACHUSETTS INC SEE BELOW 806375 SEE BELOW 0 PART IV, COLUMN (B): VENESSA P. KENEALY IS A FAMILY MEMBER OF JAMES KENEALY, M.D., TRUSTEE.PHYSICIAN'S INSURANCE AGENCY OF MA IS A FOR PROFIT SUBSIDIARY OF THE MASSACHUSETTS MEDICAL SOCIETY. PART IV, COLUMN (D): VENESSA P. KENEALY: PAYMENT FOR INDEPENDENT CONTRACTOR SERVICESPHYSICIAN'S INSURANCE AGENCY OF MA: RECEIPT OF RENT AND REIMBURSED EXPENSES FORM 990, PART VI, SECTION A, LINE 2 VICE PRESIDENT, RICHARD PIETERS, M.D. IS MARRIED TO MMS TRUSTEE, EDITH JOLIN, M.D. MMS TRUSTEE, BRUCE AUERBACH, M.D. IS MARRIED TO MMS TRUSTEE, ROBIN S. RICHMAN, M.D. MMS SECRETARY-TREASURER, DR. DEANNA RICKER, PRESIDENT-ELECT, RONALD DUNLAP, TRUSTEES, MARYANNE BOMBAUGH AND BRUCE AUERBACH SERVE ON THE BOARD OF CONVERYS. MMS TRUSTEE, JUDD KLINE, M.D. AND ALTERNATE TRUSTEE, SVEND BRUUN, M.D. HAVE A BUSINESS RELATIONSHIP WITH OFFICER, JOHN BURNS AS DIRECTORS OF PHYSICIAN'S INSURANCE AGENCY OF MASSACHUSETTS. FORM 990, PART VI, SECTION A, LINE 6 DISTRICT SOCIETY MEMBERS ELECT TWO OF THEIR MEMBERS TO SERVE AS TRUSTEE AND ALTERNATE, RESPECTIVELY, OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A DISTRICT SOCIETY MEMBERS ELECT TWO OF THEIR NUMBERS TO SERVE AS TRUSTEE AND ALTERNATE, RESPECTIVELY, OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE HOUSE OF DELEGATE MEMBERS MAY OVERRIDE BOARD OF TRUSTEE ACTION ON PRIORITIZATION OF FUNDING A HOUSE DIRECTIVE WITH A TWO-THIRDS VOTE OF THE DELEGATES. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 AND ALL RELATED SCHEDULES ARE REVIEWED BY THE SOCIETY'S TAX ADVISORS AT CBIZ TOFIAS. IN ADDITION A SLIDE PRESENTATION IS MADE TO THE SOCIETY'S COMMITTEE ON FINANCE WHICH HIGHLIGHTS THE MAJOR PROVISIONS OF THE FORM AND OTHER GENERAL INFORMATION IN REGARD TO THE FORM 990 FILING AND THE RESPONSIBILITIES OF NON-PROFIT ORGANIZATIONS. AN ADDITIONAL SLIDE PRESENTATION IS THEN PRESENTED TO THE SOCIETYS BOARD OF TRUSTEES PRIOR TO ITS FORM 990 FILING. A COMPLETE COPY OF FORM 990 AND ALL RELATED SCHEDULES AS FILED WITH THE INTERNAL REVENUE SERVICE IS PROVIDED TO THE MEMBERS OF THE BOARD OF TRUSTEES IN ELECTRONIC FORM IN A SECURED SECTION OF THE SOCIETY'S WEBSITE PRIOR TO FILING. BOARD OF TRUSTEE MEMBERS ARE NOTIFIED OF THIS POSTING BY E-MAIL AND PROVIDED A LINK TO THE SECURED SITE PRIOR TO FILING OF THE FORM. FORM 990, PART VI, SECTION B, LINE 12C THE SOCIETY'S CONFLICT OF INTEREST POLICY APPLIES TO ITS EMPLOYEES INCLUDING THOSE MEETING THE DEFINITION OF KEY EMPLOYEES. IT ALSO APPLIES TO THOSE SERVING IN THE CAPACITY OF AN OFFICER, DIRECTOR OR TRUSTEE. NEW EMPLOYEES ARE REQUIRED TO READ AND SIGN A CONFLICT OF INTEREST AND DISCLOSURE STATEMENT UPON BEING HIRED. EMPLOYEES ARE ALSO REQUIRED TO CERTIFY YEARLY (AT THE TIME OF THEIR ANNUAL REVIEW) THAT THEY CONTINUE TO BE IN COMPLIANCE WITH THIS POLICY. BOARD MEMBERS ARE ALSO REQUIRED TO READ AND SIGN A CONFIRMATION OF COMPLIANCE WITH THE MASSACHUSETTS MEDICAL SOCIETY CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AT THE FIRST MEETING IN JUNE. SUBSEQUENT REVIEW AND NOTICE IS MADE AT THE SECOND MEETING FOR THOSE THAT HAVE NOT YET COMPLIED WITH THE REQUIREMENT. FURTHER REVIEW AND NOTICE IS ISSUED AT THE INTERIM HOUSE OF DELEGATES MEETING IN THE FALL FOR THOSE THAT HAVE NOT YET SUBMITTED THEIR CONFIRMATION OF COMPLIANCE FORM. THE SOCIETYS EXECUTIVE VICE PRESIDENT MUST REPORT IN HER ANNUAL REPORT ON OVERALL BOARD OF TRUSTEE CONFLICT OF INTEREST COMPLIANCE RATES. DETERMINATION AND REVIEW FOR OFFICERS, DIRECTORS AND TRUSTEES RELATIVE TO CONFLICT OF INTEREST ARE AT THE BOARD OF TRUSTEES LEVEL. DETERMINATION AND REVIEW OF EMPLOYEES ARE ADDRESSED THROUGH THE SOCIETYS EXECUTIVE VICE PRESIDENT. EXECUTIVE VICE PRESIDENT CONFLICTS ARE ADDRESSED THROUGH THE SOCIETYS PRESIDENT. ACTIONS AND RESTRICTIONS RELATIVE TO NON-COMPLIANCE WITH THE POLICY ARE AS FOLLOWS: FOR TRUSTEES, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THOSE PRESENT WHETHER THE TRUSTEE MAY CONTINUE TO PARTICIPATE IN, AND VOTE ON THE MATTER. SUCH A VOTE SHALL BE DISPOSITIVE. FOR OFFICERS, THE PRESIDENT, PRESIDENT-ELECT AND VICE PRESIDENT SHALL DETERMINE BY CONSENSUS, NOT COUNTING THE DISCLOSING OFFICER, WHETHER THE OFFICER MAY CONTINUE TO PARTICIPATE IN THE MATTER. IF THE OFFICERS CANNOT REACH CONSENSUS THE MATTER SHALL BE DECIDED BY A MAJORITY VOTE OF THE PRESIDENT, PRESIDENT-ELECT, VICE PRESIDENT AND SECRETARY/TREASURER, NOT COUNTING THE DISCLOSING OFFICER. THE OFFICERS VOTE SHALL BE DISPOSITIVE IN THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE FOLLOWING OFFICE/POSITION COMPENSATION WAS BASED ON REVIEW AND APPROVAL BY THE GOVERNING BODY AND COMPENSATION COMMITTEE, USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED POSITIONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS AND WITH CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT: EXECUTIVE VICE PRESIDENT VICE PRESIDENT OF FINANCE VICE PRESIDENT OF PUBLISHING EDITOR-IN-CHIEF OFFICERS APRIL 2012 IS THE LAST DATE FOR WHICH COMPENSATION REVIEWS WERE CONDUCTED FOR THE EXECUTIVE VICE PRESIDENT, VICE PRESIDENT OF FINANCE, VICE PRESIDENT OF PUBLISHING, AND EDITOR-IN-CHIEF POSITIONS. FEBRUARY 2012 IS THE LAST DATE FOR WHICH HONORARIA REVIEWS WERE CONDUCTED FOR OFFICER POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE MASSACHUSETTS MEDICAL SOCIETY DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. THE SOCIETY DOES NOT MAKE ITS FINANCIAL STATEMENTS OR GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC EXCEPT AS DISCLOSED WITHIN ITS FORM 990. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTANTS: TOTAL EXPENSES 5,047,417. CONTRACT EDITORS: TOTAL EXPENSES 1,727,319. CONTRACT LABOR: TOTAL EXPENSES 1,117,504. CONFERENCE CENTER CONTRACT STAFF FEES: TOTAL EXPENSES 1,033,657. EDITOR FEES: TOTAL EXPENSES 862,573. CONTRACT SERVICES: TOTAL EXPENSES 443,194. EDITORIAL WRITERS: TOTAL EXPENSES 253,116. CONFERENCE CENTER MGMT. AND ADMIN. FEES: TOTAL EXPENSES 178,741. OTHER CONTRACTED SERVICES: TOTAL EXPENSES 411,459. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: PENSION LIABILITY ADJUSTMENT 8,787,360. CHANGE IN UNREALIZED LOSS ON DERIVATIVE INSTRUMENT 641,045. 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