2023-08-16T06:04:53-05:00 2022-12-31 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2022-01-01 455454875 HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA INC HEAL 2153914905 190 N INDEPENDENCE MALL WEST 701 PHILADELPHIA PA 19106 MARTIN LUPINETTI PRESIDENT & CEO 2155753758 2023-08-04 1 MARTIN LUPINETTI 999009999 0 HELEN M MARTIN P01330899 2158818800 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARTIN LUPINETTI 190 N INDEPENDENCE MALL WEST 701 PHILADELPHIA PA 19106 9044112 0 X WWW.HEALTHSHAREEXCHANGE.ORG X 2012 PA HEALTHSHARE EXCHANGE WILL PROVIDE SECURE ACCESS TO HEALTH INFORMATION TO ENABLE PREVENTIVE AND COST-EFFECTIVE CARE; IMPROVE QUALITY OF PATIENT CARE; AND FACILITATE CARE TRANSITIONS. 16 16 25 16 0 0 3911336 1082709 7082713 7943127 687 18276 3842 0 10998578 9044112 400192 0 0 0 4070992 5314322 0 0 0 6094039 4885947 10565223 10200269 433355 -1156157 6930004 9275068 3719110 7220331 3210894 2054737 HEALTHSHARE EXCHANGE WILL PROVIDE SECURE ACCESS TO HEALTH INFORMATION TO ENABLE PREVENTIVE AND COST-EFFECTIVE CARE; IMPROVE QUALITY OF PATIENT CARE; AND FACILITATE CARE TRANSITIONS. 0 0 8370897 7943127 ENHANCE HEALTHCARE ORGANIZATIONS' ABILITY TO SHARE AND MANAGE CLINICAL DATA AT EVERY STAGE OF THE CARE DELIVERY PROCESS THROUGH A HEALTH INFORMATION EXCHANGE. 8370897 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 1 0 0 0 1 30 0 1 25 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 PA X MARTIN LUPINETTI PRESIDENT & CEO 2153194905 190 N INDEPENDENCE MALL WEST STE PHILADELPHIA PA 19106 NEIL LUBARSKY CHAIRMAN AND TREASURER 5.00 X X 0 0 0 JOSEPH BILSON TRUSTEE 5.00 X 0 0 0 JOHN CACCIAMANI TRUSTEE 5.00 X 0 0 0 SHARON CARNEY TRUSTEE 5.00 X 0 0 0 STEVE CARSON TRUSTEE 5.00 X 0 0 0 C WILLIAM HANSON III MD TRUSTEE 5.00 X 0 0 0 DOROTHY KAPLAN TRUSTEE 5.00 X 0 0 0 DR DONALD J KLINGEN MD TRUSTEE 5.00 X 0 0 0 MICHAEL KORNHAUSER MD TRUSTEE 5.00 X 0 0 0 KEN LEVITAN TRUSTEE 5.00 X 0 0 0 DENISE NAPIER TRUSTEE 5.00 X 0 0 0 ROBERT O'CONNOR TRUSTEE 5.00 X 0 0 0 KAREN SCOLES MD TRUSTEE 5.00 X 0 0 0 RICHARD SNYDER MD TRUSTEE 5.00 X 0 0 0 TED DALLAS TRUSTEE 5.00 X 0 0 0 BOB KOLODGY TRUSTEE 5.00 X 0 0 0 MARTIN LUPINETTI PRESIDENT & CEO 40.00 X 398412 0 51362 GEORGE D REED SENIOR VICE PRESIDENT/COO 40.00 X 409715 0 44280 BRIAN WELLS CTO/CISO 40.00 X 375506 0 27960 WILLIAM MARELLA DIRECTOR, DATA ANALTICS AND QUALITY 40.00 X 220691 0 40577 KATHLEEN NEEDHAM SENIOR PROJECT MANAGER 40.00 X 147169 0 35456 ALICE VUONG MANAGER, IT ENGINEERING 40.00 X 190004 0 8134 YELENA BUDUNKEVICH HR DIRECTOR 40.00 X 158902 0 23743 STEPHEN DEFURSCIO VP PARTNERSHIPS & BUSINESS DEVELOPMENT 40.00 X 154550 0 36629 GREGORY LIPTAK VP OF QUALITY IMPROVEMENT AND DISEASE MGMT 40.00 X 200941 0 11019 2255890 0 279160 18 0 1 0 NEXTGEN HEALTHCARE INC VON KARMAN AVENUE IRVINE CA 92612 IT SERVICES-HIE TECHNOLOGIES 889529 AUDACIOUS INQUIRY LLC PO BOX 200567 PITTSBURGH PA 15262 IT SERVICES-ENS 567006 RACKSPACE TECHNOLOGY PO BOX 732497 DALLAS TX 75373 SERVER AND HOSTING DATA SERVICES 333256 BROOKSOURCE PO BOX 55767 INDIANAPOLIS IN 46205 STAFF AUGMENTATION AND CONSULTING 177895 COLLABORATIVE IMPROVEMENT PARTNERS LLC 304 ECHO VALLEY LANE NEWTOWN SQAURE PA 19073 AUGMENTATION CONSULTING 174700 12 877344 205365 1082709 MEMBERSHIP DUES 541900 7152376 7152376 CONTRACT REVENUES 541900 790751 790751 7943127 18276 18276 9044112 7943127 0 18276 1568774 1176580 392194 3057651 2629553 428098 98090 83693 14397 297451 259172 38279 292356 241278 51078 224376 185966 38410 129099 104391 24708 438286 356354 81932 300 225 75 16082 11969 4113 3210583 2597357 613226 166549 133729 32820 3208 2406 802 106 80 26 168519 126389 42130 312390 253540 58850 HEALTH INFORMATION EXCH 183513 183513 DUES AND SUBSCRIPTIONS 18548 13911 4637 MEALS & ENTERTAINMENT 6137 4603 1534 BAD DEBTS 3988 2991 997 4263 3197 1066 10200269 8370897 1829372 0 4204161 5164145 200000 777826 1073172 500887 357970 1393114 847497 714136 545617 732994 1934164 6930004 9275068 1463339 1788253 1282373 3308717 54024 54024 919374 2069337 3719110 7220331 X 3210894 2054737 3210894 2054737 6930004 9275068 -1156157 0 X 0 1 X 1 0 X 1992500 1985087 2893151 3911336 1051034 11833108 5259456 5993937 6071411 7082713 7943127 32350644 7251956 7979024 8964562 10994049 8994161 44183752 0 3559949 3888441 3794559 3953810 4332211 19528970 3559949 3888441 3794559 3953810 4332211 19528970 24654782 11771 16559 9148 687 18276 56441 11771 16559 9148 687 18276 56441 105146 25959 3842 134947 7368873 8021542 8973710 10998578 9012437 44375140 0.55560 0.54670 0.00130 0.00110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 595117 164206 430911 56454 39614 16840 741543 643677 97866 545617 DUE FROM AFFILIATE 565814 OPERATING LEASE RIGHT OF USE ASSET 1368350 1934164 OPERATING LEASE LIABILITIES 2069337 2069337 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS CLASSIFIED HSX AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "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. THE CONSOLIDATED ENTITY, HSX MARKET STREET INC., IS A FOR PROFIT ENTITY WHICH IS SUBJECT TO INCOME TAXES. TOTAL FEDERAL AND STATE INCOME TAX EXPENSE FROM THE CONSOLIDATED ENTITY WAS $0 FOR EACH OF THE YEARS ENDED DECEMBER 31, 2022 AND 2021. U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY, IF THE ORGANIZATION 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 THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION WOULD RECOGNIZE FUTURE INTEREST AND PENALTIES RELATED TO INCOME TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE, IF SUCH INTEREST AND PENALTIES ARE INCURRED. X X X X X 0 0 0 0 0 0 0 0 0 GEORGE D REED SENIOR VICE PRESIDENT/COO 307215 0 102500 0 0 0 11453 0 32827 0 453995 0 0 0 MARTIN LUPINETTI PRESIDENT & CEO 315792 0 82620 0 0 0 12160 0 39202 0 449774 0 0 0 BRIAN WELLS CTO/CISO 293006 0 82500 0 0 0 10923 0 17037 0 403466 0 0 0 WILLIAM MARELLA DIRECTOR, DATA ANALTICS AND QUALITY 196211 0 24480 0 0 0 7943 0 32634 0 261268 0 0 0 GREGORY LIPTAK VP OF QUALITY IMPROVEMENT AND DISEAS 200941 0 0 0 0 0 0 0 11019 0 211960 0 0 0 ALICE VUONG MANAGER, IT ENGINEERING 163004 0 27000 0 0 0 6400 0 1734 0 198138 0 0 0 STEPHEN DEFURSCIO VP PARTNERSHIPS & BUSINESS DEVELOPME 154550 0 0 0 0 0 4923 0 31706 0 191179 0 0 0 YELENA BUDUNKEVICH HR DIRECTOR 140152 0 18750 0 0 0 5577 0 18166 0 182645 0 0 0 KATHLEEN NEEDHAM SENIOR PROJECT MANAGER 128419 0 18750 0 0 0 5990 0 29466 0 182625 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B 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 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 15 COMPENSATION FOR TOP OFFICERS IS DETERMINED AFTER CAREFULLY CONSIDERING THE PERSON'S QUALIFICATIONS AND ACHIEVEMENTS. THE CHAIR OF THE BOARD, ALONG WITH THE VICE CHAIR, PROVIDES A PERFORMANCE EVALUATION AND RECOMMENDS ANY SALARY INCREASE. THE CHAIR OF THE BOARD HAS FINAL APPROVAL OF THE EXECUTIVE DIRECTOR'S COMPENSATION. IN ADDITION, THE BOARD AND EXECUTIVE COMMITTEE (I.E., THE HSX COMPENSATION COMMITTEE) LAST YEAR ALSO ENLISTED A SEPARATE FIRM TO SURVEY, EVALUATE AND GATHER COMPARABLE COMPENSATION FROM THE FIELD FOR OFFICER AND KEY EMPLOYEE ROLES. 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. HSX MARKETSTREET INC 190 N INDEPENDENCE MALL WEST PHILADELPHIA PA 19106 850499947 DEVELOPMENT OF HEALTH INFORMATION SHARING APPLICATIONS PA HEALTHSHARE EXCHANGE OF SOUTHEASTERN PENNSYLVANIA C 176341 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 HSX MARKETSTREET INC R CASH