2025-08-14T16:08:23-05:00 2024-09-30 135565207 KPMG LLP 60 SOUTH STREET TWO FINANCIAL CENTER BOSTON MA 02111 990 2024-08-14 994491180 BOSTON MEDICAL CENTER-SOUTH CORPORATION BOST ONE BOSTON MEDICAL CENTER PLACE BOSTON MA 02118 DAVID BECK CLERK 2015-08-14 1 0 KRISTIN ANDERSON P01231300 6179881000 2015-08-14 2024 2025-03-06 01:10:19Z X X ALASTAIR BELL ONE BOSTON MEDICAL CENTER PLACE BOSTON MA 02118 0 0 X WWW.BMCHEALTHSYSTEM.ORG/BMC-SOUTH 2024 MA SEE SCHEDULE O 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 107000000 107000000 0 X TO CONSISTENTLY PROVIDE EXCELLENT AND ACCESSIBLE HEALTH CARE SERVICES TO ALL IN NEED OF CARE, REGARDLESS OF STATUS OR ABILITY TO PAY. THE CORPORATION SHALL HAVE A CONTINUED COMMITMENT TO THE URBAN POPULATION, TO VULNERABLE POPULATIONS WITHIN THE COMMUNITY, INCLUDING THOSE RESIDENTS WHO ARE UNDER-SERVED BY EXISTING HEALTH CARE SERVICES, AND TO OTHER COMMUNITIES SERVED. 0 0 0 0 0 IN AUGUST 2024, BMC HEALTH SYSTEM, INC. FORMED THE CORPORATION BMC COMMUNITY HOSPITAL CORPORATION TO ESTABLISH AND MAINTAIN A HOSPITAL OR HOSPITALS AND OTHER HEALTHCARE SERVICES. BMC COMMUNITY HOSPITAL CORPORATION ENTERED INTO AN AGREEMENT TO PURCHASE THE ASSETS OF THE HOSPITALS FORMERLY KNOWN AS GOOD SAMARITAN MEDICAL CENTER AND ST. ELIZABETH'S MEDICAL CENTER FROM STEWARD HEALTH CARE SYSTEM, LLC AND ACREFI CS U, LLC. THE ACQUISITION CLOSED ON OCTOBER 1, 2024. BMC HEALTH SYSTEM INC., THEN COMMENCED OPERATIONS OF THE HOSPITALS. ACTIVITY DURING THE TAX YEAR ENDED SEPTEMBER 30, 2024 CONSISTED OF THE RECEIPT OF INITIAL FUNDING FROM THE COMMONWEALTH OF MASSACHUSETTS IN THE FORM OF (1) A WORKING CAPITAL LOAN AND (2) A CONDITIONAL GRANT, CONTINGENT UPON BMC HEALTH SYSTEM, INC. OPERATING THE HOSPITAL THROUGH STATE FISCAL YEAR 2025, AMONG OTHER CONDITIONS. DURING THE TAX YEAR, THE ORGANIZATION WAS DOING BUSINESS UNDER THE NAME BMC COMMUNITY HOSPITAL CORPORATION. 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X KAREN FINE 6176387406 ONE BOSTON MEDICAL CENTER PLACE BOSTON MA 02118 X ALASTAIR BELL MD PRESIDENT/TRUSTEE 1.00 55.00 X X 0 0 0 DAVID BECK CLERK 1.00 55.00 X 0 0 0 JESSE SOUWEINE TREASURER 1.00 2.00 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 101102560 0 5897440 0 107000000 0 107000000 0 107000000 X 0 0 0 0 0 0 0 107000000 0 X 0 1 X 1 0 X SCHEDULE A, PART I BOSTON MEDICAL CENTER-SOUTH (BMC-SOUTH) WAS RECOGNIZED AS A HEALTHCARE ORGANIZATION DESCRIBED IN SECTION 170(B)(1)(A)(III) OF THE INTERNAL REVENUE CODE. DURING THE FISCAL YEAR ENDED SEPTEMBER 30, 2024, THE ORGANIZATION DID NOT OPERATE A FACILITY REQUIRED TO BE LICENSED AS A HOSPITAL, THEREFORE SCHEDULE H HAS NOT BEEN PREPARED. 0 DEPOSIT - PURCHASE OF HOSPITAL ASSETS 5897440 5897440 WORKING CAPITAL LOAN - COMMONWEALTH OF MA 30000000 CONDITIONAL GRANT - COMMONWEALTH OF MA 77000000 107000000 X PART X, LINE 2: BOSTON MEDICAL CENTER-SOUTH IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS OF BMC HEALTH SYSTEM (BMCHS). THESE STATEMENTS INCLUDE THE FOLLOWING LANGUAGE REGARDING LIABILITY FOR UNCERTAIN TAX POSITIONS WITHIN THE INCOME TAXES FOOTNOTE. BMCHS RECOGNIZES INCOME TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINABLE BASED ON THE MERITS OF THE POSITION. MANAGEMENT HAS CONCLUDED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT NEED TO BE RECORDED AS OF SEPTEMBER 30, 2024 AND 2023. BMCHS ANNUALLY ASSESSES WHETHER IT MUST RECOGNIZE UBIT EXPENSE. THE AMOUNTS RECOGNIZED AS UBIT EXPENSE WERE NOT MATERIAL TO BMCHS'S CONSOLIDATED OPERATIONS OR CHANGES IN NET ASSETS FOR THE YEARS ENDED SEPTEMBER 30, 2024 AND 2023. FORM 990, PART VI, SECTION A, LINE 2 ALASTAIR BELL DAVID BECK JESSE SOUWEINE BUSINESS RELATIONSHIP - ALASTAIR BELL, DAVID BECK, AND JESSE SOUWEINE ARE ALL EMPLOYEES OF BOSTON MEDICAL CENTER. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE CORPORATE MEMBER IS BMC HEALTH SYSTEM, INC. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS ARE RESERVED TO THE ORGANIZATION'S SOLE MEMBER: - APPROVAL OF THE ANNUAL CAPITAL AND OPERATING BUDGETS OR ANY MATERIAL AMENDMENT TO, OR VARIATION FROM, THOSE BUDGETS; - APPOINTMENT OR REMOVAL OF THE PRESIDENT OF THE CORPORATION; - AUTHORIZATION OF ANY MERGER OR CONSOLIDATION WITH, OR ANY ACQUISITION OF, ANOTHER CORPORATION BY THE CORPORATION; - AUTHORIZATION OF THE SALE, LEASE, MORTGAGE, PLEDGE OR OTHER DISPOSITION OF ANY ASSETS OF THE CORPORATION, OR AUTHORIZATION OF ANY INDEBTEDNESS OF THE CORPORATION, IN EXCESS OF AMOUNTS SET BY THE MEMBER OR THE BOARD FROM TIME TO TIME; - DETERMINATION OF THE THRESHOLD AMOUNT OF INDEBTEDNESS OF THE CORPORATION, OVER WHICH AMOUNT AUTHORIZATION IS REQUIRED PURSUANT TO SECTION 2.03(D); AND - APPROVAL OF THE FILING OF ANY VOLUNTARY BANKRUPTCY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S AUDIT/TAX FIRM AND IS THEN REVIEWED BY MANAGEMENT. IT IS PROVIDED TO THE AUDIT AND COMPLIANCE COMMITTEE OF THE HEALTH SYSTEM FOR REVIEW AND COMMENT, AND THE FINAL 990 IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST QUESTIONNAIRES ARE DISTRIBUTED BY BMC HEALTH SYSTEM, INC.'S, AN AFFILIATED ORGANIZATION, CORPORATE COMPLIANCE DEPARTMENT. THE CHIEF COMPLIANCE OFFICER OF BMC HEALTH SYSTEM, INC. OR THE CHIEF COMPLIANCE OFFICER'S DESIGNEE QUERIES TRUSTEES, OFFICERS AND DIRECTORS ON AT LEAST AN ANNUAL BASIS REGARDING RELATIONSHIPS THAT MAY CREATE POTENTIAL CONFLICTS OF INTEREST. THE CHIEF COMPLIANCE OFFICER OR THE CHIEF COMPLIANCE OFFICER'S DESIGNEE REVIEWS ALL DISCLOSURES AND DETERMINES WHETHER THERE ARE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE CHIEF COMPLIANCE OFFICER OR THE CHIEF COMPLIANCE OFFICER'S DESIGNEE INFORMS THE CHIEF LEGAL COUNSEL OF ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THE CHIEF LEGAL COUNSEL ADVISES THE BOARD OF TRUSTEES AND OFFICERS OF THE CORPORATION ACCORDINGLY. FORM 990, PART VI, LINE 14 THE ORGANIZATION HAS RECORD RETENTION REQUIREMENTS INCLUDED WITHIN ITS CONTRACTS AND FOLLOWS THE RECORD RETENTION POLICY OF BOSTON MEDICAL CENTER. FORM 990, SECTION A, LINES 15A AND 15B: IN ACCORDANCE WITH INSTRUCTIONS, LINES 15A AND 15B ARE ANSWERED NO. THERE IS NO CALENDAR YEAR THAT ENDS WITH OR WITHIN THE INITIAL SHORT YEAR. THEREFORE, NO COMPENSATION IS REPORTED IN PART VII. FORM 990, PART VI, SECTION C, LINE 19 BOSTON MEDICAL CENTER-SOUTH CORPORATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS PUBLICLY AVAILABLE. HOWEVER, THE ARTICLES OF ORGANIZATION ARE AVAILABLE ON THE SECRETARY OF THE COMMONWEALTH'S WEBSITE. FORM 990, PART VII, SECTION A: COMPENSATION FROM RELATED ORGANIZATIONS IS NOT REPORTED IN PART VII FOR THIS INITIAL SHORT YEAR IN ACCORDANCE WITH INSTRUCTIONS. THERE IS NO CALENDAR YEAR THAT ENDS WITH OR WITHIN THE TAX YEAR. BMC HEALTH SYSTEM INC ONE BOSTON MEDICAL CENTER PL BOSTON MA 02118 463556853 SUPPORT SVCS. MA 501 (C) (3) 12 B-II N/A 1 BMC INTEGRATED CARE SERVICES INC ONE BOSTON MEDICAL CENTER PL BOSTON MA 02118 043414914 MEDICAL GROUP PRACTICE MA 501 (C) (3) 12 A-I BMCBACO 1 BOSTON MEDICAL CENTER CORPORATION ONE BOSTON MEDICAL CENTER PL BOSTON MA 02118 043314093 HEALTHCARE MA 501 (C) (3) 3 N/A 0 BOSTON MEDICAL CENTER HEALTH PLAN INC 529 MAIN STREET SUITE 500 CHARLESTOWN MA 02129 043373331 INSURANCE MA 501 (C) (3) 12 A-I N/A 0 BOSTON ACCOUNTABLE CARE ORGANIZATION ONE BOSTON MEDICAL CENTER PL BOSTON MA 02118 473468314 ACCOUNTABLE CARE ORGANIZATION MA 501 (C) (3) 10 N/A 0 BOSTON MEDICAL CENTER-BRIGHTON CORPORATION ONE BOSTON MEDICAL CENTER PL BOSTON MA 02118 994793550 HEALTHCARE MA 501 (C) (3) 3 BMCHS 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1