Community Hospitals Of Eastern Middlesex Inc in Stoneham, Massachusetts (MA)

Community Hospitals Of Eastern Middlesex Inc
Employer Identification Number (EIN)	222608701
Name of Organization	Community Hospitals Of Eastern Middlesex Inc
Address	Stoneham, MA 02180
Tax Period	2004
Asset Amount	$39,488,785
Amount of Income	$15,090,544
Form 990 Revenue Amount	$15,090,544
National Taxonomy of Exempt Entities (NTEE)	Health - General and Rehabilitative: Community Health Systems

Non-representatives - add comments:

Amount of income in 2004: $15,090,544

This organization:	$15,090,544
Other organizations performing similar types of work:	$58,371,666

Assets in 2004: $39,488,785

Community Hospitals Of Eastern Middlesex Inc:	$39,488,785
Other organizations performing similar types of work:	$115,495,398

Expenses in 2004: $6,973,579

Community Hospitals Of Eastern Middlesex Inc:	$6,973,579
Other organizations performing similar types of work:	$46,510,321

Income to expenses ratio in 2004: 2.2

This organization:	2.2
Other organizations performing similar types of work:	1.0

Expenses allocated to program services in 2004: 96.6%

Community Hospitals Of Eastern Middlesex Inc:	96.6%
Other organizations performing similar types of work:	86.6%

Number of employees in 2004: 53

Community Hospitals Of Eastern Middlesex Inc:	53
Other organizations performing similar types of work:	360

Employees paid over $50,000 in 2004: 47.2%

Community Hospitals Of Eastern Middlesex Inc:	47.2%
Other organizations performing similar types of work:	35.6%

Financial snapshot ($)

Revenue for 2004

Assets at end of 2004

Expenses for 2004

Functional Expenses for 2004 ($)

Income-Producing Activities for 2004

	2000	2001	2002	2003	2004
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$9,193,152	$11,573,635	$11,814,282	$13,368,432	$15,090,544
Contributions, gifts, grants, and similar amounts received	$0	$0	$0	$0	$0
Contributions to donor advised funds
Direct public support	$0	$0	$0	$0	$0
Indirect public support	$0	$0	$0	$0	$0
Government contributions (grants)	$0	$0	$0	$0	$0
Program service revenue including government fees and contracts	$8,803,422	$11,245,968	$11,216,636	$12,530,370	$13,712,812
Membership dues and assessments	$0	$0	$0	$0	$0
Interest on savings and temporary cash investments	$0	$0	$0	$17,636	$49,974
Dividends and interest from securities	$389,730	$327,667	$534,303	$703,872	$1,013,055
Net rental income or (loss)	$0	$0	$0	$0	$0
Gross rents	$0	$0	$0	$0	$0
Less: rental expenses	$0	$0	$0	$0	$0
Other investment income	$0	$0	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$0	$0	$63,343	$116,554	$314,703
Gross amount from sales of assets other than inventory	$0	$0	$63,343	$116,554	$314,703
Less: cost or other basis and sales expenses	$0	$0	$0	$0	$0
Net income or (loss) from special events and activities	$0	$0	$0	$0	$0
Gross revenue	$0	$0	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0	$0	$0
Gross profit or (loss) from sales of inventory	$0	$0	$0	$0	$0
Gross sales of inventory, less returns and allowances	$0	$0	$0	$0	$0
Less: cost of goods sold	$0	$0	$0	$0	$0
Other revenue	$0	$0	$0	$0	$0
Total expenses	$5,373,783	$6,457,576	$6,840,285	$6,684,694	$6,973,579
Program services	$5,242,651	$6,318,116	$6,667,286	$6,461,910	$6,733,262
Management and general	$131,132	$139,460	$172,999	$222,784	$240,317
Fundraising	$0	$0	$0	$0	$0
Payments to affiliates	$0	$0	$0	$0	$0
Net assets or fund balances at end of year	$13,213,137	$18,465,469	$24,371,076	$31,185,765	$39,488,785
Excess or (deficit) for the year	$3,819,369	$5,116,059	$4,973,997	$6,683,738	$8,116,965
Net assets or fund balances at beginning of year	$10,663,666	$13,213,137	$18,465,469	$24,371,076	$31,185,765
Other changes in net assets or fund balances	$-1,269,898	$136,273	$931,610	$130,951	$186,055

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2004)
Total functional expenses	$6,973,579	$6,733,262	$240,317	$0
Grants paid from donor advised funds
Other grants and allocations		$0
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$2,755,465	$2,601,073	$154,392	$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above	$106,240	$101,240	$5,000	$0
Pension plan contributions not included above	$207,854	$202,453	$5,401	$0
Employee benefits not included above	$215,684	$206,055	$9,629	$0
Payroll taxes	$0	$0	$0	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$0	$0	$0	$0
Legal fees	$47,382	$47,382	$0	$0
Supplies	$387,555	$387,555	$0	$0
Telephone	$24,511	$24,511	$0	$0
Postage and shipping	$26,711	$26,711	$0	$0
Occupancy	$276,324	$276,324	$0	$0
Equipment rental and maintenance	$593,400	$593,400	$0	$0
Printing and publications	$21,497	$21,497	$0	$0
Travel	$21,149	$21,149	$0	$0
Conferences, conventions, and meetings	$0	$0	$0	$0
Interest	$90,015	$90,015	$0	$0
Depreciation, depletion, etc.	$1,140,470	$1,140,470	$0	$0
Other expenses not covered above	$1,059,322	$993,427	$65,895	$0

	2000	2001	2002	2003	2004
Balance Sheets
Total assets	$17,058,769	$21,873,489	$28,731,904	$34,207,083	$41,771,741
Cash - non-interest-bearing	$1,231,372	$929,929	$0	$0	$0
Savings and temporary cash investments	$0	$0	$3,233,395	$4,061,321	$2,887,448
Accounts receivable less allowance for doubtful accounts	$709,752	$732,636	$1,039,254	$1,042,523	$960,743
Pledges receivable less allowance for doubtful accounts	$35,000	$0	$0	$0	$0
Grants receivable	$0	$0	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts	$0	$0	$0	$35,000	$0
Inventories for sale or use	$0	$0	$0	$0	$0
Prepaid expenses and deferred charges	$606,619	$442,689	$2,332,791	$279,067	$280,565
Investments - publicly-traded securities
Investments - other securities	$6,443,474	$12,590,909	$14,276,443	$21,663,389	$30,884,746
Investments - land, buildings, and equipment less accumulated depreciation	$0	$340,902	$0	$0	$0
Investments - other	$153,000	$0	$239,463	$170,383	$0
Land, buildings, and equipment less accumulated depreciation	$7,870,127	$6,829,176	$7,610,558	$6,955,400	$6,758,239
Other assets, including program-related investments	$9,425	$7,248	$0	$0	$0
Total liabilities	$3,845,632	$3,408,020	$4,360,828	$3,021,318	$2,282,956
Accounts payable and accrued expenses	$949,490	$1,114,570	$811,405	$540,425	$507,038
Grants payable	$0	$0	$0	$0	$0
Deferred revenue	$0	$0	$0	$0	$0
Loans from officers, directors, trustees, and key employees	$0	$0	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0	$0	$0
Mortgages and other notes payable	$2,896,142	$2,293,450	$3,549,423	$2,480,893	$1,775,918
Other liabilities	$0	$0	$0	$0	$0
Total liabilities and net assets/fund balances	$17,058,769	$21,873,489	$28,731,904	$34,207,083	$41,771,741
Total net assets or fund balances	$13,213,137	$18,465,469	$24,371,076	$31,185,765	$39,488,785

	2000	2001	2002	2003	2004
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$9,193,152	$11,573,635	$11,814,282	$13,368,432	$15,090,544
Total revenue, gains, and other support per audited financial statements	$9,193,152	$11,573,635	$12,270,447	$13,388,350	$15,210,704
Other expenses	$0	$0	$0	$0	$117,243
Net unrealized gains on investments	$0	$0	$0	$0	$322,019
Donated services and use of facilities	$0	$0	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$-204,776
Other revenue	$0	$0	$-456,165	$-19,918	$-2,917
Investment expenses	$0	$0	$0	$0	$0
Other	$0	$0	$-456,165	$-19,918	$-2,917

	2000	2001	2002	2003	2004
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$5,373,783	$6,457,576	$6,840,285	$6,684,694	$6,973,579
Total expenses and losses per audited financial statements	$5,373,783	$6,457,576	$6,827,036	$6,639,670	$6,907,684
Other revenue	$0	$0	$0	$0	$0
Donated services and use of facilities	$0	$0	$0	$0	$0
Prior year adjustments	$0	$0	$0	$0	$0
Losses	$0	$0	$0	$0	$0
Other	$0	$0	$0	$0	$0
Other expenses	$0	$0	$13,249	$45,024	$65,895
Investment expenses	$0	$0	$0	$0	$0
Other	$0	$0	$13,249	$45,024	$65,895

Current Officers, Directors, Trustees, and Key Employees

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	Yes
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	Yes
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 2006	53

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2004)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$170,006		$1,377,732	$13,542,806
Program service revenue
Program service revenue 1	Other professional, scientific, and technical services	$170,006	00	$0	$13,542,806
Program service revenue 2	000000	$0	00	$0	$0
Program service revenue 3	000000	$0	00	$0	$0
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$49,974	$0
Dividends and interest from securities	000000	$0	Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)	$1,013,055	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))	$314,703	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	000000	$0	00	$0	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2004)
999999999	51%	$68,664	$0
	0%	$0	$0
	0%	$0	$0
	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2004)
$173,268	$18,468	$0
$115,977	$10,014	$0
$102,536	$12,942	$0
$92,966	$14,993	$0
$86,267	$6,164	$0

Total number of other employees paid over $50,000	20

Total number of other employees paid over $50,000

Statements About Activities (for 2004)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is	Not controlled by disqualified persons/supports non private foundation

	1999	2000	2001	2002	2003
Support Schedule
Total	$0	$0	$0	$0	$0
Gifts, grants, and contributions received	$0	$0	$0	$0	$0
Membership fees received	$0	$0	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$0	$0	$0	$0	$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$0	$0	$0	$0	$0
Net income from unrelated business activities not included above	$0	$0	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0	$0	$0
Other income	$0	$0	$0	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2004)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

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Id	Name	Address	State	Established	Total Income
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Number of organizations performing similar types of work

Alaska	1
Alabama	5
Arizona	8
California	23
Colorado	15
Connecticut	6
Florida	22
Georgia	16
Hawaii	2
Iowa	3
Illinois	19
Indiana	7
Kansas	2
Kentucky	6
Louisiana	3
Massachusetts	15
Maryland	13
Maine	3
Michigan	15
Minnesota	9
Missouri	12
Mississippi	2
Montana	1

North Carolina	7
North Dakota	1
Nebraska	7
New Hampshire	3
New Jersey	8
New Mexico	1
Nevada	2
New York	12
Ohio	26
Oklahoma	6
Oregon	2
Pennsylvania	32
Rhode Island	4
South Carolina	7
Tennessee	10
Texas	20
Utah	1
Virginia	10
Vermont	3
Washington	4
Wisconsin	6
West Virginia	6
International	2

Total

388

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