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MASSACHUSETTS MEDICAL SOCIETY: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization
MASSACHUSETTS MEDICAL SOCIETY (EIN 04-2050773)
Tax period
2009-06-01 to 2010-05-31
Filed
2011-04-13
IRS object ID
201101039349300225
Schema version
2009v1.7
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2011-04-13T16:16:18-05:00Timestamp
Tax Period End Date2010-05-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1CBIZ TofiasBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1350 Massachusetts AvenueAddressLine1
CityCambridgeCity
StateMAState
ZIP Code02139ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnType
Tax Period Begin Date2009-06-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN042050773EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Massachusetts Medical SocietyBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlMASSNameControl
Phone7818934610Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line1860 Winter StreetAddressLine1
CityWalthamCity
StateMAState
ZIP Code024511411ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCorinne BroderickName
Titleexecutive vice presidentTitle
Phone7818934610Phone
Date Signed2011-04-12DateSigned
Authorize Third Party1AuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
Phone6177610600Phone
FieldValueIRS element (for citing)
Tax Year2009TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

FieldValueIRS element (for citing)
Business Name Line1Same as AboveBusinessNameLine1
FieldValueIRS element (for citing)
Name Of Principal Officer PersonCorinne BroderickNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line1860 Winter StreetAddressLine1
CityWalthamCity
StateMAState
ZIP Code024511411ZIPCode
FieldValueIRS element (for citing)
Gross Receipts217467998GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Group Exemption Number9253GroupExemptionNumber
Organization501cXOrganization501c
Web Sitewww.massmed.orgWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1781YearFormation
State Legal DomicileMAStateLegalDomicile
Activity Or Mission DescriptionTHE PURPOSE OF THE MASSACHUSETTS MEDICAL SOCIETY SHALL BE TO DO ALL THINGS AS MAY BE NECESSARY & APPROPRIATE TO ADVANCE MEDICAL KNOWLEDGE, TO DEVELOP & MAINTAIN THE HIGHEST PROFESSIONAL & ETHICAL STANDARDS OF MEDICAL PRACTICE & HEALTH CARE, & TO PROMOTE MEDICAL INSTITUTIONS FORMED ON LIBERAL PRINCIPLES FOR THE HEALTH, BENEFIT & WELFARE OF THE CITIZENS OF THE COMMONWEALTH.ActivityOrMissionDescription
Nbr Voting Members Governing Body30NbrVotingMembersGoverningBody
Nbr Independent Voting Members23NbrIndependentVotingMembers
Total Nbr Employees444TotalNbrEmployees
Total Nbr Volunteers0TotalNbrVolunteers
Total Gross UBI22362726TotalGrossUBI
Net Unrelated Business Txbl Income0NetUnrelatedBusinessTxblIncome
Contributions Grants Current Year0ContributionsGrantsCurrentYear
Program Service Revenue Prior Year76869641ProgramServiceRevenuePriorYear
Program Service Revenue CY76029332ProgramServiceRevenueCY
Investment Income Prior Year-14330434InvestmentIncomePriorYear
Investment Income Current Year9348802InvestmentIncomeCurrentYear
Other Revenue Prior Year22608297OtherRevenuePriorYear
Other Revenue Current Year24598686OtherRevenueCurrentYear
Total Revenue Prior Year85147504TotalRevenuePriorYear
Total Revenue Current Year109976820TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year878498GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY903031GrantsAndSimilarAmntsCY
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year44707376SalariesEtcPriorYear
Salaries Etc Current Year47425722SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY0TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year0TotalFundrsngExpCurrentYear
Other Expense Prior Year57614669OtherExpensePriorYear
Other Expenses Current Year49911967OtherExpensesCurrentYear
Total Expenses Prior Year103200543TotalExpensesPriorYear
Total Expenses Current Year98240720TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-18053039RevenuesLessExpensesPriorYear
Revenues Less Expenses CY11736100RevenuesLessExpensesCY
Total Assets BOY195508110TotalAssetsBOY
Total Assets EOY217129606TotalAssetsEOY
Total Liabilities BOY111597191TotalLiabilitiesBOY
Total Liabilities EOY115484407TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY83910919NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY101645199NetAssetsOrFundBalancesEOY
Mission DescriptionThe purpose of the Massachusetts medical society shall be to do all things as may be necessary & appropriate to advance medical knowledge, to develop & maintain the highest professional & ethical standards of medical practice & health care, & to promote medical institutions formed on liberal principles for the health, benefit & welfare of the citizens of the commonwealth.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
DescriptionPublishing:launched the new nejm.org which boasts a visual redesign, enhanced user functionality to make content more accessible and customizable, and new publishing-management tools that allow for additional value for customers and the business.launched the nejm archive which contains 477,939 pages of content from 1812-1989 available online. the archive contains searchable text and page images back to 1812 and full functionality from 1945-1989.Other continuing programs and activities:publication of the new england journal of medicine and related print publications.The provision of on-line services relative to the new england medical journal of medicine and its related publications.Description

Activity2 Activity2

FieldValueIRS element (for citing)
DescriptionEducational (CME):continuing education offered an array of CME programs including activities on pandemic flu, men's and women's health, pain management, depression and hpv. non-clinical programs included improving patient experience, changes in HIPAA regulations, electronic health records, social networking, medicare audits, conflicts of interest, apologizing for medical errors, and the use of e-mail with patients.the accme voted to upgrade accreditation of the mms continuing medical education programs from a four year to a six year term through november 2014, thus recognizing the program with its highest term of accreditation.during the fiscal year 2010, live cme activities included 19 directly sponsored and 23 jointly sponsored programs. total event attendees were 3,628 for directly sponsored programs and 1,696 for jointly sponsored. online cme activities included 26 directly sponsored and 32 jointly sponsored and total exams completed included 1,172 directly sponsored and 2,061 jointly sponsored.Description

Activity3 Activity3

FieldValueIRS element (for citing)
Descriptionmembership:as of june 2010 membership in the mms totaled 23,036 representing an increase of 6.4% over the last year. the biggest success of mms membership development efforts was recuiting physician groups. during fiscal year 2010, the society focused attention to health care reform and the related passing of the health care reform bill in march, State reform and the curbing of health care costs, to which the society identified the health care quality and cost council's roadmap to cost containment as the most comprehensive and rational approach. focus on health information technology and the launching of a biweekly e-newsletter dedicated to helping physicians qualify for the meaningful use incentives under the american recovery and reinvestment act.the society working with the massachusetts department of health created a flu response kit and mailed it to 25,000 physicians, nurse practitioners and physician assistants providing guidance on vaccination and use of antivirals. the society repurposed the dph's live vaccinator program into an online activity and issued weekly electronic updates.Description
FieldValueIRS element (for citing)
Described In501 C30DescribedIn501C3
Schedule B Required0ScheduleBRequired
Political Activities0PoliticalActivities
Subject To Proxy Tax1SubjectToProxyTax
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art0CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Balance Sheet Amounts Reported1BalanceSheetAmountsReported
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School0School
Foreign Office0ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations0MoreThan5000KToOrganizations
More Than5000 K To Individuals0MoreThan5000KToIndividuals
Professional Fundraising0ProfessionalFundraising
Fundraising Activities0FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds0TaxExemptBonds
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person0GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member1BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp1OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions0DeductibleNonCashContributions
Deductible Contributions Of Art0DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity1DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity1RelatedOrgControlledEntity
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Number Forms Transmitted With1096304NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees444NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account1ForeignFinancialAccount
Name Of Foreign CountryUKNameOfForeignCountry
Name Of Foreign CountryCANameOfForeignCountry
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions1NonDeductibleContributions
Non Deductible Disclosure1NonDeductibleDisclosure
Nbr Voting Governing Body Members30NbrVotingGoverningBodyMembers
Number Independent Voting Members23NumberIndependentVotingMembers
Family Or Business Relationship1FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders1MembersOrStockholders
Election Of Board Members1ElectionOfBoardMembers
Decisions Subject To Approval1DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address0OfficerMailingAddress
Local Chapters1LocalChapters
Policies Reference Chapters1PoliciesReferenceChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture0InvestmentInJointVenture
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

FieldValueIRS element (for citing)
Name PersonJohn W BurnsNamePerson
Telephone Number7814347516TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1mass medical society 860 WinterAddressLine1
CityWalthamCity
StateMAState
ZIP Code024511411ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (62 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorOfficerOfficerReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployee
Mario E Motta MD
President20.00XX000
Alice A Coombs MD
president-elect12.00XX6460800
linda m young md
vice president12.00XX12667016500
Richard V Aghababian MD
Secretary-Treasurer12.00XX8500016500
Deanna P Ricker MD
Asst. Secretary-Treasurer4.00XX0012500
Richard S Pieters MD
Speaker3.00XX1979200
jesse M EHRENFELD MD
vice-speaker3.00XX744200
bruce s auerbach md
immediate Past President0.30X4286700
hubert I Caplan MD
trustee0.30X000
robert b coit md
trustee0.30X000
james b broadhurst md
trustee0.30X000
alain A Chaoui MD
trustee0.30X000
william f doyle md
trustee0.30X000
ronald w dunlap md
trustee0.30X000
James S Gessener MD
Chair, Comm. on Finance0.30X000
kathleen A Hoye MD
trustee0.30X000
edith m jolin md
trustee0.30X000
rebecca L Johnson MD
trustee0.30X000
james fx kenealy md
trustee0.30X000
anna A Manatis MD mph
trustee0.30X000
marie christine reti
Alliance President0.30X000
purnima r sangai md
trustee0.30X000
stuart b mushlin md
trustee0.30X000
james r ralph md
trustee0.30X000
robin s richman md
trustee0.30X000
vincent j russo md
trustee0.30X000
mark m sherman md
trustee0.30X000
barry steinberg md
trustee0.30X000
charles a welch md
trustee0.30X000
alan c woodward md
trustee0.30X000
john m fallon
student trustee0.30X000
rosalyn t nguyen md
resident trustee0.30X000
george abrahan md mph
aLTERNATE trustee0.30X000
carole e allen md
aLTERNATE trustee0.30X000
maryanne c bombaugh md ms
aLTERNATE trustee0.30X000
katherine j atkinson md
aLTERNATE trustee0.30X000
joseph c bergeron md
aLTERNATE trustee0.30X000
svend w bruun jr md
aLTERNATE trustee0.30X000
william a cook md
aLTERNATE trustee0.30X000
nasir a khan md
aLTERNATE trustee0.30X000
claudia l koppelman md
aLTERNATE trustee0.30X000
douglas p fusione md
aLTERNATE trustee0.30X000
cyrus c hopkins md
aLTERNATE trustee0.30X000
judd l kline md
aLTERNATE trustee0.30X000
thomas a lamattina md
aLTERNATE trustee0.30X000
b hoagland rosania md
aLTERNATE trustee0.30X000
christine l morgan md
resident aLTERNATE trustee0.30X000
keith c nobil md
aLTERNATE trustee0.30X000
francis x rockett md
aLTERNATE trustee0.30X000
asha p wallace md
aLTERNATE trustee0.30X000
erwin a stuebner jr md
aLTERNATE trustee0.30X000
john joseph walsh md
aLTERNATE trustee0.30X000
kyle d wood
student alternate trustee0.30X000
corinne broderick
executive vice president50.00XX400753060974
John W Burns
Vice President, Finance50.00X233472039584
Jeffrey M Drazen MD
Editor-in-chief50.00470765059762X
Christopher R Lynch
Vice president, publishing50.00314526058110X
gregory curfman md
executive editor50.00328754054776X
robert s schwartz md
deputy editor50.00348174032181X
edward campion
senior deputy editor50.00281093052728X
arthur p wilschek
executive director, global sales50.00267587049077X
theodore blizzard
vice president, information tech.50.00265615048321X
FieldValueIRS element (for citing)
Total Reportable Comp From Org3066615TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation501013TotalOtherCompensation
Number Individuals GT100 K67NumberIndividualsGT100K
Formers Listed0FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
collaborative consulting
70 blanchard rd ste 500burlingtonMA01803information technology1469942
pricewaterhousecoopers
po box 3026bostonMA022413026accounting/audit249674
deloitte tax llp
13943 collection center drcarol streamIL60693tax consulting162790
jack t evjy md
21 bowman parade rdbedfordNH031106079medical affairs advisory160800
brown rudnick berlack israels
one financial centerbostonMA02111legal154018
FieldValueIRS element (for citing)
Number Of Contractors GT100 K9NumberOfContractorsGT100K

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
publishing5111207154208871542088
educational fees61171031034343103434
membership dues90009913838101383810
FieldValueIRS element (for citing)
Total Program Service Revenue76029332TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column4049815TotalRevenueColumn
Exclusion$4,049,815ExclusionAmount

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column1360859TotalRevenueColumn
Exclusion$1,360,859ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real875101Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real875101Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column875101TotalRevenueColumn
Exclusion$875,101ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities112790165Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities107491178Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities5298987Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column5298987TotalRevenueColumn
Exclusion$5,298,987ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnUnrelated Business RevenueUnrelatedBusinessRevenue
Advertising5418002035216320352163
business services56100015377881537788
forms and other income323100165365165365

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column307410TotalRevenueColumn
Unrelated Business Revenue307410UnrelatedBusinessRevenue
FieldValueIRS element (for citing)
Total Other Revenue22362726TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column109976820TotalRevenueColumn
Related Or Exempt Function Income76029332RelatedOrExemptFunctionIncome
Unrelated Business Revenue22362726UnrelatedBusinessRevenue
Exclusion$11,584,762ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total818031Total

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total85000Total

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total2197120Total

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total32904918Total

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total3556156Total

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total6335356Total

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total2432172Total

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total115632Total

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total233154Total

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total81000Total

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total840249Total

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total5650848Total

Advertising Advertising

FieldValueIRS element (for citing)
Total11810Total

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total2402754Total

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total1563611Total

Occupancy Occupancy

FieldValueIRS element (for citing)
Total7175689Total

Travel Travel

FieldValueIRS element (for citing)
Total1114379Total

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total774406Total

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total3016053Total

Insurance Insurance

FieldValueIRS element (for citing)
Total573031Total

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotal
publishing - other prod14934953
publishing - marketing/6359713
conferencing2199784
publishing - editorial1360578
dues & memberships294996

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total1209327Total

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total98240720Total

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY610034BOY
EOY4658726EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY3009676BOY
EOY2467041EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY7416613BOY
EOY10127365EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

FieldValueIRS element (for citing)
BOY5428500BOY
EOY5565250EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

FieldValueIRS element (for citing)
BOY779468BOY
EOY651996EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY1861506BOY
EOY1661221EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis96513515LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec40657195LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY55971183BOY
EOY55856320EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY119722463BOY
EOY134384616EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY25000BOY
EOY25000EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY683667BOY
EOY1732071EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY195508110BOY
EOY217129606EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY8500048BOY
EOY10575219EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY33709630BOY
EOY34051894EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY42883284BOY
EOY39964392EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY26504229BOY
EOY30892902EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY111597191BOY
EOY115484407EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY83910919BOY
EOY101645199EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY83910919BOY
EOY101645199EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY195508110BOY
EOY217129606EOY
FieldValueIRS element (for citing)
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required0FederalGrantAuditRequired

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nondeduct0SubstantiallyAllDuesNondeduct
Only In House Lobbying0OnlyInHouseLobbying
Agree To Carryover Prior Year0AgreeToCarryoverPriorYear
Dues Assessments2287110DuesAssessments
Non Ded Lobby Political Current681074NonDedLobbyPoliticalCurrent
Non Ded Lobby Political Total681074NonDedLobbyPoliticalTotal
Aggr Amt Reported In Dues Notices571778AggrAmtReportedInDuesNotices
Amount To Be Carried Over109296AmountToBeCarriedOver

Schedule D IRS990ScheduleD

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance95784252BeginningOfYearBalance
Investment Earnings Or Losses11725078InvestmentEarningsOrLosses
End Of Year Balance107509330EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance125946879BeginningOfYearBalance
Contributions3155Contributions
Investment Earnings Or Losses-30165782InvestmentEarningsOrLosses
End Of Year Balance95784252EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance1.00000BoardDesignatedEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis16788125OtherCostOrOtherBasis
Book Value16788125BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis36657944OtherCostOrOtherBasis
Depreciation13585937Depreciation
Book Value23072007BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis2470550OtherCostOrOtherBasis
Depreciation1389088Depreciation
Book Value1081462BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis15931353OtherCostOrOtherBasis
Depreciation14396501Depreciation
Book Value1534852BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis24665543OtherCostOrOtherBasis
Depreciation11285669Depreciation
Book Value13379874BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings55856320TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescriptionAmountAmount
deferred compensation$384,904
unfunded pension liability$29,307,543
derivative instrument liability$1,200,455
FieldValueIRS element (for citing)
Total Of Amounts30892902TotalOfAmounts
Total Revenue109976820TotalRevenue
Total Expenses98240720TotalExpenses
Excess Or Deficit For Year11736100ExcessOrDeficitForYear
Net Unrealized GL On Investments9262004NetUnrealizedGLOnInvestments
Other-$3,263,821OtherAmount
Total Adjustments5998183TotalAdjustments
Excess Or Deficit Per FS17734283ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt118398572TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments9262004NetUnrealizedGainsInvestments
Revenue Not Rptd F9909262004RevenueNotRptdF990
Revenue Subtotal109136568RevenueSubtotal
Investment Expenses Not Included840249InvestmentExpensesNotIncluded
Other Revenues Not Included3OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt840252RevenueNotRptdOnFinStmt
Total Revenue Per Form990109976820TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt100664292TotExpensesEtcAuditedFinclStmt
Other Expenses Included3263821OtherExpensesIncluded
Expenses Not Rptd F9903263821ExpensesNotRptdF990
Expenses Subtotal97400471ExpensesSubtotal
Investment Expenses Not Included2840249InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt840249ExpensesNotRptdOnFinStmt
Total Expenses Per Form99098240720TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
Part V, Line 4:Description of Intended Use of Endowment Funds:Board designated to ensure the long-term financial health of the society.
Part X:Description of Uncertain Tax Positions Under FIN 48:as of june 1, 2009, the society adopted the amended accounting principles related to accounting for uncertainty in income taxes, asc 740-10, accounting for uncertainty in income taxes, that provides criteria for the recognition, measurement, presentation and disclosure of uncertain tax positions. this amendment prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. a tax benefit from such uncertain tax positions may be recognized only if it is "more likely than not" that the position is sustainable based on its technical merits. based on its analysis and review of all open tax years (fiscal 2008 through 2009), and the current year to be filed, the society determined that the adoption of this amendment does not have a material impact on the society's financial position, results of operations or cash flows. prior to the adoption of this amendment the society recorded its uncertain tax positions when it was probable that the uncertain tax position would result in a liability and it could be reasonably estimated.
Part XI, Line 8 - Other Adjustments:pension liability adjustment: -2983331. unrealized loss on derivative instrument: -280490.
Part XII, Line 4b - Other Adjustments:other: 3.
Part XIII, Line 2d - Other Adjustments:pension liability adjustment: 2983331. unrealized loss on derivative instrument: 280490.

Schedule F IRS990ScheduleF

Accts Actvs Out US Table AcctsActvsOutUSTable (9 entries)

RegionRegionType Of Activities ConductedTypeOfActivitiesConductedTotal ExpendituresTotalExpendituresSpecific Services ProvidedSpecificServicesProvided
Europe (Including Iceland & Greenland)unrelated business3838706
Europe (Including Iceland & Greenland)program servicesubscription sales
Europe (Including Iceland & Greenland)program servicebulk reprint sales
East Asia and the Pacificunrelated business904077
East Asia and the Pacificprogram servicesubscription sales
East Asia and the Pacificprogram servicebulk reprint sales
North Americaunrelated business1268224
North Americaprogram servicesubscription sales
North Americaprogram servicebulk reprint sales
FieldValueIRS element (for citing)
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Total Amount Spent6011007TotalAmountSpent

Form990 Schedule F Part IV Form990ScheduleFPartIV

FieldValueIRS element (for citing)
IdentifierMethod Used to Acccount for Expenditures:Identifier
ExplanationSchedule F, Part I, Line 3: expenditures are reported on an accrual basis.Explanation

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable (7 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientIRC SectionIRCSectionAmount Of Cash GrantAmountOfCashGrantMethod Of ValuationMethodOfValuationDescription Of Non Cash AssistanceDescriptionOfNonCashAssistancePurpose Of GrantPurposeOfGrant
physician health services
860 winter stwalthamMA024511411223234975501(c)(3)498000not applicablenot applicableAbuse treatment
mms & alliance charitable fnd
860 winter stwalthamMA024511411223199624501(c)(3)87500not applicablenot applicablecommunity action
mass medical benevolent soc
860 winter stwalthamMA024511411237089741501(c)(3)50000not applicablenot applicablefinancial relief
mass medical society alliance
860 winter stwalthamMA024511411237055291501(c)(6)25000not applicablenot applicablehealth education
health care for all
30 winter stbostonMA02108043071598501(c)(3)6000not applicablenot applicablehealth care access
tobacco free massachusetts
30 speen stframinghamMA017017500not applicablenot applicablepolicy advocacy
american heart association
7272 greenville avedallasTX75231135613797501(c)(3)5100not applicablenot applicablehealth related
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants5TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations2TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of Grantmedical student grantsTypeOfGrant
Number Of Recipients8NumberOfRecipients
Amount Of Cash Grant80000AmountOfCashGrant
Method Of ValuationNot ApplicableMethodOfValuation
Description Of Non Cash AssistanceNot ApplicableDescriptionOfNonCashAssistance

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierProcedure for Monitoring Grants in the U.S.:Identifier
Return ReferencePart I, Line 2:ReturnReference
ExplanationSchedule 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.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment1SeverancePayment
Supplemental Nonqual Retire Plan0SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement

Form990 Schedule J Part II Form990ScheduleJPartII (9 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
corinne broderick
4000030007500353500256240461727000
John W Burns
2333470001250224540171300273056000
Jeffrey M Drazen MD
4706400001250402950194670530527000
Christopher R Lynch
3144010001250293580287520372636000
gregory curfman md
3286290001250303540244220383530000
robert s schwartz md
296979000511950207890113920380355000
edward campion
2809680001250270180257100333821000
arthur p wilschek
177654083808061250195790294980316664000
theodore blizzard
2654900001250248340234870313936000

Form990 Schedule J Part III Form990ScheduleJPartIII

FieldValueIRS element (for citing)
Return ReferencePart I, Line 4aReturnReference
ExplanationPart I, Line 4a: Robert Schwartz, M.D. received a severance payment of $46,620 (including accumulated vacation pay of $45,520) from a voluntary separation of service.Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
vanessa p kenealy
family member of James Kenealy, M.D., trustee34940Independent contractor0
Physician's insurance agency of massachusetts inc
for profit subsidiary687481Rent & reimbursed expenses0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (10 entries)

IdentifierIdentifierExplanationExplanationReturn ReferenceReturnReference
Form 990, Part VI, Section A, line 2immediate past president Bruce auerbach, m.d. is married to mms trustee robin s. richman, m.d. speaker richard pieters, m.d. is married to mms trustee edith jolin, m.d. mms trustees drs. bruce auerbach and deanna ricker serve on the board of PROmutual along with alternate trustees dr. maryanne bombaugh and erwin stuebner. mms trustees alan woodward, m.d. and marie-christine reti have a business relationship as directors of the massachusetts medical society and alliance charitable foundation. alternate trustees svend bruun, m.d. and judd kline, m.d. have a business relationship with officer john burns as directors of physician's insurance agency of messachusetts.
Form 990, Part VI, Section A, line 6district society members elect two of their numbers to serve as trustee and alternate, respectively, of the board of trustees. the house of delegates members may override board of trustee action on prioritization of funding a house directive with a two-thirds vote of the delegates. the organization's governing document is silent relative to distribution of the organization's profits, excess dues, or a share of the net assets upon the organization's dissolution.
Form 990, Part VI, Section A, line 7adistrict 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 7bthe 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 11form 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 society's 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 and available to them in a secured section of the society's website which is accessible only to board members. board of trustee members are notified of this posting by email and provided a link to the secured site prior to the filing of the form.
Form 990, Part VI, Section B, line 12cThe 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 society's executive vice president must report in her annual report on overall board of trustees conflict of interest compliance rates. determination and review for officers, directors and trustees relative to conflicts of interest are at the board of trustees level. determination and review for employees, including key employees, are addressed through the society's executive vice president. executive vice president conflicts are addressed through the society's president. Actions and restictions 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 these 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 manner.
Form 990, Part VI, Section B, line 15The 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 officers vice president of finance editor-in-chief vice president of publishing april 2010 is the last year for which compensation reviews were conducted.
Form 990, Part VI, Section C, line 19the 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.
Schedule r, Part V, Line 2, Col. (C): Physician's insurance agency of massachusetts: a. rent is based on amounts paid to the massachusetts medical society n. allocated services of paid mms employees are based on amounts paid to the massachusetts medical society. p. other reimbursements are based on amounts paid to the massachusetts medical society. masschusetts medical society charitable and educational fund: a. interest is based on amount paid to the massachusetts medical society. d. loans are based on the amount of outstanding principal and interest due to the masschusetts medical society. physician's health services, inc.: b. contribution is based on amount paid by the massachusetts medical society. p. other remibursements are based on amounts paid to the massachusetts medical society. massachuesetts medical society and alliance charitable foundation: b. contribution is based on actual amounts paid and accrued fiscal year pledge due from the massachusetts medical society.
Form 990, part VII, Section A:The Society provides honoraria compensation for the office of the President (fiscal year term, June 1, 2009 to May 31, 2010) in the amount of $175,000. For the calendar year 2009, Dr. Motta, in his positions as President-Elect and President, designated payment of his applicable honoraria to be made to North Shore Cardiovascular Associates. Thus MMS made no direct payment to Dr. Motta and as such no Form 1099 compensation was reported for him to be disclosed on Form 990, Part VII, Section A.Compensation for Mario Motta, M.D.

Schedule R IRS990ScheduleR

Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateTotal IncomeTotalIncomeEOY AssetsEOYAssetsDirect Controlling Entity NADirectControllingEntityNA
mms winter street llc
860 winter streetwalthamMA02451043384431propertyDE500000041502584N/A
MMs Lot 2 LLC
860 winter streetWalthamMA02451043500736propertyDE78495611849251N/A

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNA
Massachusetts medical society charitable and educational fund
860 winter streetwalthamMA02451046075905medical student loansMA501(c)(3)11, Type IN/A
Physician health services inc
860 winter streetwalthamMA02451223234975Outreach servicesMA501(c)(3)11, Type IN/A
Massachusetts medical society & alliance charitable foundation
860 winter streetwalthamMA02451223199624grantmakingMA501(c)(3)11, Type IN/A

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

FieldValueIRS element (for citing)
Business Name Line1Physician's insurance agency of massachusetts incBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1860 winter streetAddressLine1
CitywalthamCity
StateMAState
ZIP Code02451ZIPCode
FieldValueIRS element (for citing)
EIN043135954EIN
Primary ActivityinsurancePrimaryActivity
Legal Domicile StateMALegalDomicileState
Direct Controlling Entity NAN/ADirectControllingEntityNA
Type Of EntityCTypeOfEntity
Share Of Total Income2256354ShareOfTotalIncome
Share Of EOY Assets2763489ShareOfEOYAssets
Percentage Ownership1.00000PercentageOwnership
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties1ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org1LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs1RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs0RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs1PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs0PerformOfServicesByOtherOrgs
Sharing Of Facilities1SharingOfFacilities
Sharing Of Paid Employees1SharingOfPaidEmployees
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org1ReimbursementPaidByOtherOrg
Other Transfer To Other Org0OtherTransferToOtherOrg
Other Transfer From Other Org0OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (8 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolved
physician's insurance agency of massachusetts inc
A89328
physician's insurance agency of massachusetts inc
N165372
physician's insurance agency of massachusetts inc
P432781
massachusetts medical society charitable and educational fund
A144980
massachusetts medical society charitable and educational fund
D5565250
physician health services inc
B498000
physician health services inc
P107773
massachusetts medical society and alliance charitable foundation
B196238