2024-04-11T01:46:06-05:00 2023-06-30 221478099 COHNREZNICK LLP 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2022-07-01 521593251 CAPITAL LINK INC CAPI 6174220350 40 COURT STREET 10TH FLOOR BOSTON MA 02108 REBECCA REGAN CHIEF EXECUTIVE OFFICER 6174220350 2024-04-10 1 REBECCA REGAN 999009999 0 JOLANTA TUCK CPA P01340068 7813803520 2024-04-04 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z REBECCA REGAN 40 COURT STREET 10TH FLOOR BOSTON MA 02108 3562446 0 X WWW.CAPLINK.ORG X 1987 DC CAPITAL LINK IS A NATIONAL NONPROFIT ORGANIZATION THAT PROVIDES HIGH-QUALITY, AFFORDABLE, INNOVATIVE ADVISORY SERVICES RELATED TO PLANNING AND FINFNCIAL CAPITAL PROJECTS FOR NONPROFIT COMMUNITY HEALTH CENTERS TO SUPPORT AND EXPAND COMMUNITY-BASED HEALTH CARE. 14 14 39 15 0 0 1519032 1308711 1896738 1797142 15366 31211 619 2692 3431755 3139756 0 0 0 0 2627960 2268000 0 0 0 624245 544997 3252205 2812997 179550 326759 2725992 2405925 1283162 645497 1442830 1760428 CAPITAL LINK IS A NATIONAL NONPROFIT ORGANIZATION THAT PROVIDES HIGH-QUALITY, AFFORDABLE, INNOVATIVE ADVISORY SERVICES RELATED TO PLANNING AND FINANCING CAPITAL PROJECTS FOR NONPROFIT COMMUNITY HEALTH CENTERS TO SUPPORT AND EXPAND COMMUNITY-BASED HEALTH CARE. 0 0 2147827 1799834 CAPITAL LINK IS DEDICATED TO STRENGTHENING AND EXPANDING HIGH-QUALITY, COMMUNITY-BASED HEALTH CARE IN A RAPIDLY CHANGING MARKETPLACE. WE HELP HEALTH CENTERS GROW BY PROVIDING:-INDUSTRY VISION AND LEADERSHIP IN THE DEVELOPMENT OF CAPITALIZATION STRATEGIES FOR FACILITIES AND OPERATIONAL EXPANSION;-METRICS AND ANALYTICAL SERVICES FOR MEASURING HEALTH CENTER IMPACT, EVALUATING FINANCIAL AND OPERATING TRENDS AND PROMOTING PERFORMANCE IMPROVEMENT;-DIRECT ASSISTANCE TO HEALTH CENTERS AND COMPLEMENTARY NONPROFITS IN PLANNING AND FINANCING OPERATIONAL GROWTH AND CAPITAL NEEDS. 2147827 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 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 1 0 0 1 12 0 1 39 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 CA MA X REBECCA REGAN 6174220350 40 COURT STREET 10TH FLOOR BOSTON MA 02108 ANITA ADDISON BOARD MEMBER 0.50 X 0 0 0 CHERI RINEHART BOARD MEMBER 0.50 X 0 0 0 DICK BOHRER BOARD MEMBER 0.50 X 0 0 0 E BENJAMIN MONEY JR BOARD 1ST VICE CHAIR 0.50 0.50 X X 0 0 0 HENRY TAYLOR BOARD MEMBER 0.50 X 0 0 0 HENRY TUTTLE BOARD MEMBER 0.50 X 0 0 0 JACK CRADOCK OUTGOING BOARD MEMBER 0.50 X 0 0 0 JAMES W HUNT JR BOARD MEMBER 0.50 0.50 X 0 0 0 JOHN CALLAHAN BOARD MEMBER 0.50 X 0 0 0 MARIA COPPENRATH BOARD MEMBER 0.50 X 0 0 0 MICHAEL ANDRY BOARD MEMBER 0.50 X 0 0 0 MICHAEL CURRY ESQ BOARD CHAIR 0.50 1.00 X 0 0 0 RACHEL GONZALES-HANSON BOARD 2ND VICE CHAIR 0.50 X X 0 0 0 ROBERT GOMEZ BOARD MEMBER 0.50 X 0 0 0 SHERRY HIROTA OUTGOING BOARD MEMBER 0.50 X 0 0 0 SUE JOSS SECRETARY/TREASURER 0.50 X X 0 0 0 ALLISON COLEMAN OUTGOING CHIEF EXECUTIVE OFFICER 26.00 9.00 X 887383 0 30764 REBECCA REGAN CHIEF EXECUTIVE OFFICER 26.00 9.00 X 160066 0 19107 BRANDON BOYLE DIRECTOR OF LOAN PROGRAMS 0.00 35.00 X 196281 0 41717 JONATHAN CHAPMAN CHIEF PROJECT OFFICER 30.00 5.00 X 202879 0 37311 SUSAN PETRIE CHIEF OPERATING OFFICER 30.00 5.00 X 295519 0 47505 DAVID KLEIBER PROJECT CONSULTANT 35.00 X 119562 0 9209 ELINA JAKOBSON DATABASE DEVELOPER 30.00 5.00 X 109752 0 38574 JENNIFER SABER DIRECTOR OF DATA AND ANALYSIS 30.00 5.00 X 166446 0 32801 LORENDA HANIEVA DIRECTOR OF FINANCE 17.50 17.50 X 146223 0 20401 STEVEN SKAPINSKY PROJECT CONSULTANT 35.00 X 125030 0 38558 2409141 0 315947 10 0 1 0 0 94361 1214350 1308711 ENGAGEMENT FEES 541610 1643369 1643369 PRIVATE CONTRACTS 541610 153773 153773 1797142 27292 27292 426609 422690 3919 3919 3919 2692 2692 2692 3139756 1799834 0 31211 448708 352555 96153 1269486 1100977 168509 302323 150405 151918 30434 15140 15294 217049 107980 109069 10841 8437 2404 23449 17602 5847 1546 1546 133163 87874 45289 5710 4705 1005 39322 29634 9688 44993 33774 11219 72564 54471 18093 69179 64865 4314 56820 53276 3544 12660 10818 1842 29297 21992 7305 EQUIPMENT LEASES AND MA 523 393 130 44930 32929 12001 2812997 2147827 665170 0 164384 933813 1434350 1040360 235071 220494 369952 90878 19277 32234 451797 433099 16771 18698 432115 1944 1944 52128 67504 2725992 2405925 1209812 612497 73350 33000 1283162 645497 X 1247830 1745840 195000 14588 1442830 1760428 2725992 2405925 326759 -9161 0 X 0 1 X 1 1 1 X 1048445 1112155 1947877 1519032 1308711 6936220 2036523 2109393 1691128 1896738 1797142 9530924 3084968 3221548 3639005 3415770 3105853 16467144 138000 42100 129000 155125 94361 558586 343245 178427 432433 606784 184445 1745334 481245 220527 561433 761909 278806 2303920 14163224 6018 6544 8680 15820 27292 64354 6018 6544 8680 15820 27292 64354 5596 1638 6442 619 2692 16987 3096582 3229730 3654127 3432209 3135837 16548485 0.85590 0.83570 0.00390 0.00290 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 5,596. 2019 AMOUNT: $ 1,638. 2020 AMOUNT: $ 6,442. 2021 AMOUNT: $ 619. 2022 AMOUNT: $ 2,692. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 451797 433099 18698 18698 X 7132651 -9161 4003602 3994441 3138210 1546 1546 3139756 4674963 1863512 1863512 2811451 1546 1546 2812997 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATING FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATING FINANCIAL STATEMENTS AT JUNE 30, 2023 AND 2022. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE APPROPRIATE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE REMOVED FROM CONSOLIDATED TOTALS 4,003,602. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATE REMOVED FROM CONSOLIDATED TOTALS 1,863,512. X X X X X 0 1 0 0 0 0 0 1 0 ALLISON COLEMAN OUTGOING CHIEF EXECUTIVE OFFICER 586638 0 36783 0 263962 0 21350 0 9414 0 918147 0 254399 0 SUSAN PETRIE CHIEF OPERATING OFFICER 265372 0 29276 0 871 0 18292 0 29213 0 343024 0 0 0 JONATHAN CHAPMAN CHIEF PROJECT OFFICER 188076 0 14414 0 389 0 12938 0 24373 0 240190 0 0 0 BRANDON BOYLE DIRECTOR OF LOAN PROGRAMS 177230 0 18346 0 705 0 14004 0 27713 0 237998 0 0 0 JENNIFER SABER DIRECTOR OF DATA AND ANALYSIS 153780 0 12357 0 309 0 11948 0 20853 0 199247 0 0 0 REBECCA REGAN CHIEF EXECUTIVE OFFICER 159647 0 0 0 419 0 5359 0 13748 0 179173 0 0 0 LORENDA HANIEVA DIRECTOR OF FINANCE 139926 0 6206 0 91 0 10330 0 10071 0 166624 0 0 0 STEVEN SKAPINSKY PROJECT CONSULTANT 116430 0 8199 0 401 0 9156 0 29402 0 163588 0 0 0 PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICPATE IN 457(F) PLAN: - ALLISON COLEMAN, OUTGOING CHIEF EXECUTIVE OFFICER - SUSAN PETRIE, CHIEF OPERATING OFFICER - JONATHAN CHAPMAN, CHIEF PROJECT OFFICER - BRANDON BOYLE, DIRECTOR OF LOAN PROGRAMS IN 2022, ALLISON COLEMAN HAD VESTED AMOUNT $254,399. AMOUNT IS INCLUDED ON SCHEDULE J, PART II, COLUMN B(III). PART I, LINE 7 THE BELOW INDIVIDUALS RECEIVED BONUSES IN CALENDAR YEAR 2022. THESE BONUSES WERE NOT CONTINGENT ON THE REVENUES OR NET EARNINGS OF THE ORGANIZATION: ALLISON COLEMAN - $36,783 SUSAN PETRIE - $29,276 JONATHAN CHAPMAN - $14,414 JENNIFER SABER - $12,357 LORENDA HANIEVA - $6,206 STEVEN SKAPINSKY - $8,199 FORM 990, PART VI, SECTION A, LINE 6 THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS, INC. HAS THE POWER TO APPOINT A MINIMUM OF 5 AND A MAXIMUM OF 6 DIRECTORS. MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS, INC. HAS THE POWER TO APPOINT A MINIMUM OF 8 AND A MAXIMUM OF 9 DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A THE NATIONAL ASSOCIATION OF COMMUNITY HEALTH CENTERS, INC. HAS THE POWER TO APPOINT A MINIMUM OF 5 AND A MAXIMUM OF 6 DIRECTORS. MASSACHUSETTS LEAGUE OF COMMUNITY HEALTH CENTERS, INC. HAS THE POWER TO APPOINT A MINIMUM OF 8 AND A MAXIMUM OF 9 DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND CHAIR AND THE TREASURER OF THE BOARD OF DIRECTORS AND THEN IS MADE AVAILABLE TO THE ENTIRE BOARD PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CAPITAL LINK REQUIRES AN ANNUAL SIGN OFF FROM DIRECTORS DISCLOSING INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 CAPITAL LINK ENGAGED IN COMPENSATION STUDIES DURING FISCAL YEARS 2012, 2015, AND 2018 IN CONNECTION WITH RENEGOTIATING KEY EMPLOYEE CONTRACTS. AS AUTHORIZED BY THE FULL BOARD, CAPITAL LINK'S INDEPENDENT COMPENSATION COMMITTEE REVIEWED THE STUDIES AND SET KEY EMPLOYEE SALARIES CONSISTENT WITH COMPARABLE MARKET TRENDS. FORM 990, PART VI, SECTION C, LINE 19 CAPITAL LINK MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. 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