2025-04-09T08:48:49-05:00 2024-05-31 990 2023-06-01 223234975 PHYSICIAN HEALTH SERVICES INC PHYS 7814347404 860 WINTER STREET WALTHAM MA 024511411 CHRISTINE BIDONDE TREASURER 7818934610 2025-04-09 1 2023 2025-03-06 01:10:19Z PAUL G SIMEONE PHD M 860 WINTER STREET WALTHAM MA 024511411 1881697 0 X PHYSICIANHEALTH.ORG X 1993 MA SEE FORM 990, PART III LINE 1 11 10 16 10 0 0 1654764 1443737 29530 5500 189385 139134 0 0 1873679 1588371 0 0 0 0 1719525 1731560 0 0 187536 192578 141933 1912103 1873493 -38424 -285122 3364760 3307633 145654 158209 3219106 3149424 TO PROVIDE OUTREACH SUPPORT AND MONITORING SERVICES TO MASSACHUSETTS PHYSICIANS WHO HAVE, OR ARE AT THE RISK OF HAVING HEALTH CARE PROBLEMS, PRIMARILY RELATING TO SUBSTANCE ABUSE AND MENTAL HEALTH DISORDERS. 0 0 1163623 PERSONALIZED ASSESSMENTS, CONSULTATIVE SUPPORT SERVICES AND MONITORING:PHYSICIANS AND MEDICAL STUDENTS HAVE BEEN HELPED THROUGH PERSONALIZED ASSESSMENTS, CONSULTATIVE SUPPORT SERVICES, AND BEHAVIORAL AND OCCUPATIONAL HEALTH MONITORING. 10800 5500 EDUCATIONAL SESSIONS, OUTREACH, AND WEBINARS:MORE THAN 1,000 MEDICAL PROFESSIONALS PARTICIPATED IN OVER 25 EDUCATIONAL AND OUTREACH EVENTS, WHICH INCLUDED FREE CME, AIMED AT ADDRESSING AND REDUCING PHYSICIAN STRESS AND BURNOUT. TOPICS COVERED INCLUDED PHYSICIAN WELLNESS, SUBSTANCE USE DISORDERS AMONG PHYSICIANS, AN INTRODUCTION TO PHS SERVICES, PHYSICIAN IMPAIRMENT, AND THE ROLE OF PHS IN SUPPORTING HEALTHCARE PROVIDER WELL-BEING. 1174423 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 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 0 1 0 1 6 0 1 16 1 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X CHRISTINE BIDONDE 7818934610 860 WINTER STREET WALTHAM MA 024511411 X LOIS DEHLS CORNELL ESQ DIRECTOR 0.40 50.00 X 0 594055 64125 PATRICK AQUINO MD DIRECTOR 0.40 X 0 0 0 RONALD E BURT MD DIRECTOR 0.40 X 0 0 0 DEBORAH DEMARCO MD FACP DIRECTOR 0.40 X 0 0 0 JOHN HOPKINS MD DIRECTOR 0.40 X 0 0 0 GLENN PRANSKY MD PRESIDENT/CHAIR 0.40 X X 0 0 0 STEPHEN TOSI MD DIRECTOR 0.40 X X 0 0 0 AMANDA VON HORN MD CLERK (CY24) 0.40 X X 0 0 0 JOHN HERMAN MD CLERK (CY23) 0.40 X X 0 0 0 SUSAN L MONTMINY DIRECTOR 0.40 X 0 0 0 LUKE SATO MD DIRECTOR 0.40 X 0 0 0 CHRISTINE BIDONDE TREASURER 0.40 40.00 X 0 212240 56021 MARK ALBANESE MD MEDICAL DIRECTOR 32.00 X 228904 0 59749 PAUL G SIMEONE PHD MABEG 42023 EXECUTIVE DIRECTOR 40.00 X 117649 0 19298 DEBRA A GROSSBAUM FORMER CLERK 30.00 X 123239 0 46088 469792 806295 245281 3 0 1 0 0 409000 1034737 1443737 EDUCATIONAL FORUM 611430 5500 5500 5500 132460 132460 300000 293326 6674 6674 6674 1588371 5500 0 139134 577747 176340 231099 170308 860019 667805 182926 9288 66372 51538 14117 717 190864 146760 42023 2081 36558 28387 7776 395 15098 15098 10001 10001 24642 24642 8256 5753 2009 494 514 358 125 31 58325 40643 14189 3493 8619 8619 4309 4309 9404 6553 2288 563 MISC OPERATING EXPENSES 2765 1927 672 166 1873493 1174423 511534 187536 732011 635229 20000 5000 3984 4065 2608765 2663339 3364760 3307633 110534 140371 5000 0 30120 17838 145654 158209 X 3219106 3149424 3219106 3149424 3364760 3307633 -285122 215440 0 X 0 1 X 1 0 X X 1 THE MASSACHUSETTS MEDICAL SOCIETY 042050773 6 1 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART VI, SECTION A, LINE 3B THE ORGANIZATION RECEIVED A COPY OF THE MASSACHUSETTS MEDICAL SOCIETY'S IRS DETERMINATION LETTER CONFIRMING EXEMPTION UNDER INTERNAL REVENUE CODE 501(C)(6). IN ADDITION, IT RECEIVED SUPPORT FROM THE MASSACHUSETTS MEDICAL SOCIETY IN THE FOMR OF A PRO FORMA SCHEDULE A PART III REFLECTING THE SATISFACTION OF THE SECTION 509(A)(2) SUPPORT TEST. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO MASSACHUSETTS MEDICAL SOCIETY 17838 17838 1869044 215440 65233 280673 1588371 0 1588371 1938726 65233 65233 1873493 0 1873493 X X X X X 0 0 0 0 0 0 0 1 0 LOIS DEHLS CORNELL ESQ DIRECTOR 0 566073 0 0 0 27982 0 33000 0 31125 0 658180 0 0 MARK ALBANESE MD MEDICAL DIRECTOR 221970 0 5200 0 1734 0 21253 0 38496 0 288653 0 0 0 CHRISTINE BIDONDE TREASURER 0 208782 0 2700 0 758 0 21887 0 34134 0 268261 0 0 DEBRA A GROSSBAUM FORMER CLERK 121134 0 1200 0 905 0 16541 0 29547 0 169327 0 0 0 PART I, LINE 7 PHYSICIAN HEALTH SERVICES PROVIDED PAYMENTS FOR BONUSES. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE REVISED DURING FY24 TO INCREASE THE NUMBER OF DIRECTORS. IN PRIOR YEARS, DIRECTORS INCLUDED THE EXECUTIVE VICE PRESIDENT OF MASSACHUSETTS MEDICAL SOCIETY AND 8 OTHER DIRECTORS. THE NEW BYLAWS PROVIDE FOR DIRECTORS TO INCLUDE THE EXECUTIVE VICE PRESIDENT OF MASSACHUSETTS MEDICAL SOCIETY AND UP TO 12 OTHER DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 THE MASSACHUSETTS MEDICAL SOCIETY, A MASSACHUSETTS NOT-FOR-PROFIT CORPORATION, IS THE SOLE VOTING MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE EXECUTIVE VICE PRESIDENT OF THE MASSACHUSETTS MEDICAL SOCIETY SHALL BE A DIRECTOR WITH THE RIGHT TO VOTE. ADDITIONAL DIRECTORS SHALL BE NOMINATED BY PHYSICIAN HEALTH SERVICES BOARD OF DIRECTORS AND SUBMITTED TO THE SOLE VOTING MEMBER, THE MASSACHUSETTS MEDICAL SOCIETY. THE MASSACHUSETTS MEDICAL SOCIETY SHALL ELECT UP TO TWELVE OTHER DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY OF THE FORM 990 AND ALL RELATED SCHEDULES IS PROVIDED TO THE MEMBERS OF THE GOVERNING BODY PRIOR TO THE FILING DATE OF THE RETURN. AT THE BOARD MEETING, A PRESENTATION OF THE FORM 990 IS MADE BY THE TREASURER TO THE GOVERNING BODY HIGHLIGHTING MAJOR KEY AREAS AND ADDRESSING BOARD QUESTIONS AND COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C PHS HAS A PROCESS FOR MONITORING AND ENFORCING COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY, AND REGULARLY REVIEW THE CONFLICT OF INTEREST FORMS AS THEY ARE COMPLETED SO THAT ANY STATED CONFLICTS CAN BE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS INCLUDES INDEPENDENT COMPENSATION CONSULTATION, COMPARISON OF FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT COMPENSATION SURVEY, AND APPROVAL BY THE BOARD. GOALS AND OBJECTIVES ARE ALSO DEVELOPED BY THE BOARD AND EVALUATED, INCLUDING A FORMAL WRITTEN PERFORMANCE EVALUATION AND EXTERNAL COMPENSATION REVIEW. FORM 990, PART VI, SECTION C, LINE 19 PHYSICIAN HEALTH SERVICES, INC. DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. PHYSICIAN HEALTH SERVICES PROVIDES SUMMARIZED FINANCIAL SOURCES AND EXPENSES FOR THE FISCIAL YEAR IN ITS ANNUAL REPORT, WHICH IS AVAILABLE ON ITS WEBSITE FUNDING PAGE. PHYSICIAN HEALTH SERVICES PROVIDES FINANCIAL DATA AND AS REQUESTED, GOVERNING DOCUMENTS TO THE PUBLIC IN ACCORDANCE WITH THE PUBLIC DISCLOSURE REQUIREMENT OF FORM 990. FORM 990, PART VII, LINE 1 A(E) COMPENSATION REPORTED FOR LOIS CORNELL AND CHRISTINE ALBRITTAIN ARE RELATED TO THEIR POSITION WITH THE MASSACHUSETTS MEDICAL SOCIETY, THEY ARE NOT COMPENSATED FOR THEIR ROLES AT PHYSICIAN HEALTH SERVICES, INC. THE MASSACHUSETTS MEDICAL SOCIETY 860 WINTER STREET WALTHAM MA 02451 042050773 PROMOTE MA MEDICINE MA 501(C)6 0 MASSACHUSETTS MEDICAL SOCIETY CHARITABLE & EDUCATIONAL FUND 860 WINTER STREET WALTHAM MA 02451 046075905 ISSUANCE OF MEDICAL STUDENT LOANS MA 501(C)3 LINE 12B, II THE MASSACHUSETTS MEDICAL SOCIETY 0 MASSACHUSETTS MEDICAL SOCIETY & ALLIANCE CHARITBALE FOUNDATION 860 WINTER STREET WALTHAM MA 02451 223199624 GRANTMAKING MA 501(C)3 LINE 12B, II THE MASSACHUSETTS MEDICAL SOCIETY 0 PHYSICIANS INSURANCE AGENCY OF MASSACHUSETTS 860 WINTER STREET WALTHAM MA 02451 043135954 INSURANCE MA MASSACHUSETTS MEDICAL SOCIETY C 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 THE MASSACHUSETTS MEDICAL SOCIETY C 409000 FAIR MARKET VALUE THE MASSACHUSETTS MEDICAL SOCIETY K 54600 LEASE THE MASSACHUSETTS MEDICAL SOCIETY P 159504 COST ALLOCATION THE MASSACHUSETTS MEDICAL SOCIETY M 65233 COST ALLOCATION