2025-08-06T12:43:52-07:00 2024-09-30 990 2023-10-01 043109579 SOUTHCOAST LONG-TERM CARE SERVICES INC SOUT 5089732905 363 HIGHLAND AVENUE FALL RIVER MA 02720 MICHAEL BUSHELL EVP FINANCE & CFO 5089732905 2025-08-15 1 2023 2025-03-06 01:10:19Z DAVID MCCREADY 101 PAGE STREET NEW BEDFORD MA 02740 1752382 0 X X 1989 MA SUPPORT NON PROFIT AFFILIATE SOUTHCOAST HOSPITALS GROUP INC. AND ITS NON PROFIT AFFILIATES IN AN EFFORT TO IMPROVE PUBLIC HEALTH IN THE COMMUNITIES SERVED BY SOUTHCOAST HOSPITALS GROUP INC. 6 4 0 4 0 0 0 0 0 0 97992 261809 0 0 97992 261809 0 0 0 0 0 0 0 0 0 79778 7197 79778 7197 18214 254612 7074238 8969539 73499 559047 7000739 8410492 SUPPORT NON PROFIT AFFILIATE SOUTHCOAST HOSPITALS GROUP INC. AND ITS NON PROFIT AFFILIATES IN AN EFFORT TO IMPROVE PUBLIC HEALTH IN THE COMMUNITIES SERVED BY SOUTHCOAST HOSPITALS GROUP INC. 0 0 0 0 0 SUPPORTING NON PROFIT AFFILIATE SOUTHCOAST HOSPITALS GROUP INC. AND ITS NON PROFIT AFFILIATES IN AN EFFORT TO IMPROVE PUBLIC HEALTH IN THE COMMUNITIES SERVED BY SOUTHCOAST HOSPITALS GROUP INC. 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X MICHAEL BUSHELL 5089732905 101 PAGE STREET NEW BEDFORD MA 02740 X KEITH HOVAN FORMER PRESIDENT & CEO 0 0 X 0 1615731 0 RAYFORD KRUGER MD PRESIDENT & CEO, EX-OFFICIO (UNTIL 1/2024) 2.5 72.5 X X 0 1300999 310296 RENEE CLARK EVP & COO SHG/ FORMER ASST CLERK 0 72.5 X 0 1121185 191394 WADE BROUGHMAN TREASURER/EVP FIN & CFO SHS 2.5 72.5 X X 0 1155114 39096 DAVID MCCREADY EX-OFFICIO, PRESIDENT & CEO (AS OF 1/2024) 3.5 70.5 X X 0 317489 51283 LOUIS CABRAL SECRETARY/CLERK 2.5 6 X X 0 0 0 DONALD GIUMETTI CHAIR 2.5 12.5 X X 0 0 0 JASON RUA VICE CHAIR 2.5 7 X X 0 0 0 ANDREA GREENWOOD-SYRON TRUSTEE 1.5 0 X 0 0 0 0 5510518 592069 0 1 1 0 0 0 0 0 0 0 0 0 0 0 172591 0 0 172591 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1579791 0 1490573 0 89218 0 89218 0 0 89218 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 261809 0 0 261809 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 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 7080 0 7080 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 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 0 0 0 OTHER FEES 117 0 117 0 0 0 0 0 7197 0 7197 0 0 0 125366 51810 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6371222 7787480 577650 571249 0 0 0 0 0 559000 7074238 8969539 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 73499 559047 73499 559047 X 7000739 8410492 0 0 7000739 8410492 7074238 8969539 254612 1155141 0 0 0 0 X X 0 1 X 1 0 X X 1 SOUTHCOAST HOSPITALS GROUP INC 222592333 3 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 PRIVATE EQUITY 89241 F MULTISTRATEGY HEDGE FUNDS 482008 F 571249 OTHER LONG TERM ASSETS 559000 559000 0 DUE TO AFFILIATES 559047 559047 X Schedule D, Part X, Line 2 FIN 48 WAS ADOPTED IN FISCAL YEAR 2008. THERE IS NO FOOTNOTE DISCLOSURE IN SHS' FISCAL YEAR ENDING SEPTEMBER 30, 2024 CONSOLIDATED AUDITED FINANCIAL STATEMENTS SINCE THE ADOPTION OF FIN 48 WAS NOT MATERIAL. 1 1 0 0 0 0 0 0 0 KEITH HOVAN FORMER PRESIDENT & CEO 0 0 0 0 0 1615731 0 0 0 0 0 1615731 0 0 RAYFORD KRUGER MD PRESIDENT & CEO, EX-OFFICIO (UNTIL 1/2024) 0 1291999 0 0 0 9000 0 291000 0 19295 0 1611294 0 0 WADE BROUGHMAN TREASURER/EVP FIN & CFO SHS 0 743502 0 242200 0 169412 0 19800 0 19295 0 1194209 0 0 RENEE CLARK EVP & COO SHG/ FORMER ASST CLERK 0 740190 0 242200 0 138795 0 168243 0 23150 0 1312578 0 120300 DAVID MCCREADY EX-OFFICIO, PRESIDENT & CEO (AS OF 1/2024) 0 296244 0 0 0 21245 0 45370 0 5913 0 368772 0 0 Schedule J, Part I OFFICERS, DIRECTORS, AND TRUSTEES OF SOUTHCOAST LONG TERM CARE SERVICES (SLTCS) RECEIVE NO COMPENSATION FOR THEIR ROLES IN THESE CAPACITIES. OFFICERS, DIRECTORS, AND TRUSTEES (BOTH CURRENT AND FORMER) WITH REPORTABLE COMPENSATION ARE COMPENDATED BY THE RELATED ORGANIZATION SOUTHCOAST HOSPITALS GROUP, INC. (SHG) FOR SERVICES RENDERED OR AS PART OF A DEFERRED COMPENSATION ARRANGEMENT. Schedule J, Part I, Line 3 SLTCS RELIED ON AFFILIATE SHG, A RELATED ORGANIZATION, TO ESTABLISH THE COMPENSATION FOR THE PRESIDENT. SHG CHECKED THE FOLLOWING BOXES WHICH WERE USED TO ESTABLISH COMPENSATION OF THE PRESIDENT: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. Schedule J, Part I, Line 4 LINE 4A: KEITH HOVAN RECEIVED A SEVERANCE PAYMENT OF $1,615,731 (NET OF WITHHOLDINGS) FROM RELATED ENTITY SOUTHCOAST HOSPITALS GROUP, INC. LINE 4B: OFFICERS, DIRECTORS, AND TRUSTEES WHO ARE EMPLOYEES OF SOUTHCOAST PARTICIPATE IN SOUTHCOAST'S 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. CONTRIBUTION CREDITS UNDER THE PLAN ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (C). ONLY UPON TERMINATION OF EMPLOYMENT DO FULLY VESTED PARTICIPANTS RECEIVE DISTRIBUTIONS FROM THE PLAN. CONTRIBUTIONS VEST THE EARLIER OF JULY 1 OF THE THIRD CALENDAR YEAR FOLLOWING THE CALENDAR YEAR IN WHICH THE CONTRIBUTION CREDIT IS MADE, UPON REACHING AGE 62, DEATH, DISABILITY, OR INVOLUNTARY SEPARATION. THE AMOUNT REFLECTED IN SCHEDULE J, PART II, COLUMN (B)(III) FOR THE FOLLOWING INDIVIDUALS INCLUDES THE VESTED PORTION OF CONTRIBUTIONS MADE TO THE PLAN WHICH ARE NO LONGER SUBJECT TO THE RISK OF FORFEITURE. (1) RENEE CLARK $124,038, (2) WADE BROUGHMAN $148,443. Schedule J, Part I, Line 7 RELATED ORG SHG - THE SOUTHCOAST HEALTH SYSTEM EXECUTIVE COMPENSATION PLAN (THE PLAN) ESTABLISHED 10/15/2008, AND UPDATED FROM TIME TO TIME, IS GOVERNED BY THE COMPENSATION COMMITTEE (THE COMMITTEE) OF THE BOARD OF TRUSTEES (BOARD) OF SOUTHCOAST HEALTH SYSTEM. THE PLAN OUTLINES GOALS, ADMINISTRATION, ELIGIBILITY, PARTICIPATION, PERFORMANCE MEASUREMENT, AND PLAN FUNDING. LUMP SUM CASH AWARDS ARE EARNED BY DESIGNATED EXECUTIVES AT SPECIFIC TARGET LEVELS BASED ON JOB LEVEL: BOTH AWARD AMOUNTS PAID AND ELIGIBILITY ARE DETERMINED SOLELY AT THE BOARD'S DISCRETION. THE PLAN REMAINS IN EFFECT AT THE DISCRETION AND JUDGEMENT OF THE COMMITTEE. Schedule J, Part II OFFICERS, DIRECTORS, AND KEY EMPLOYEES WHO ARE EMPLOYEES OF SOUTHCOAST PARTICIPATE IN SOUTHCOAST'S 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. PRIOR YEAR CONTRIBUTION CREDITS INCLUDED AS DEFERRED IN A PRIOR YEAR AND AS W-2 COMPENSATION IN THE CURRENT YEAR ARE INCLUDED IN SCHEDULE J, PART, II, COLUMN (F). ONLY UPON TERMINATIONS OF EMPLOYMENT DO FULLY VESTED PARTICIPANTS RECEIVE DISTRIBUTIONS FROM THE PLAN. CONTRIBUTIONS VEST THE EARLIER OF: JULY 1 OF THE 3RD CALENDAR YEAR FOLLOWING THE CALENDAR YEAR IN WHICH THE CONTRIBUTION CREDIT IS MADE; UPON REACHING AGE 62; DEATH; DISABILITY; OR INVOLUNTARY SEPARATION. THE AMOUNT REFLECTED IN SCHEDULE J, PART II, COLUMN F FOR THE FOLLOWING INDIVIDUALS INCLUDES THE ORIGINAL CONTRIBUTION CREDITS MADE TO THE PLAN WHICH ARE NO LONGER SUBJECT TO THE RISK OF FORFEITURE. RENEE CLARK $120,300 Form 990, Part IV, Line 12a FINANCIAL RESULTS FOR SLTCS ARE INCLUDED IN THE SOUTHCOAST HEALTH SYSTEM, INC. AND AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE YEARS ENDED SEPTEMBER 30, 2024, AND 2023 WHICH WERE ISSUED WITH AN INDEPENDENT AUDITOR'S REPORT WITH AN UNQUALIFIED AUDIT OPINION. INCLUDED IN THESE AUDITED FINANCIAL STATEMENTS IS SUPPLEMENTAL CONSOLIDATED INFORMATION FOR THE YEAR ENDED SEPTEMBER 30, 2024. NO STAND ALONE AUDITED FINANCIAL STATEMENTS WERE ISSUED FOR SOUTHCOAST LONG TERM CARE SERVICES, INC. FOR THE YEAR ENDED SEPTEMBER 30, 2024. Form 990, Part VI, Section A, Line 2 CERTAIN OFFICERS AND TRUSTEES OF SLTCS ARE OFFICERS OR TRUSTEES OF RELATED ORGANIZATIONS. INDIVIDUALS WITH REPORTABLE COMPENSATION FROM RELATED ORGANIZATIONS IN PART VII, SECTION A, COLUMN (E), ARE EMPLOYEES OF RELATED ORGANIZATIONS. Form 990, Part VI, Section A, Line 4 DURING FY2024 SLTCS AMENDED TO THE BYLAWS AS FOLLOWS: (1) THE BOARD OF TRUSTEES SHALL ALSO INCLUDE THE PRESIDENT AND CHIEF EXECUTIVE OFFICER OF THE STOCKHOLDER AND THE PRESIDENT OF THE CORPORATION WHO SHALL SERVE EXOFFICIO WITH VOTE. THE EXOFFICIO TRUSTEES SHALL SERVE SO LONG AS THEY OCCUPY THE POSITION RESULTING IN SERVICE AS A TRUSTEE. (2) DEFINITION OF THE PRESIDENT - THE PRESIDENT OF THE STOCKHOLDER SHALL SERVE AS THE PRESIDENT OF THE CORPORATION. THE PRESIDENT SHALL BE THE CHIEF EXECUTIVE OFFICER WITHIN THE FRAMEWORK OF THESE BYLAWS AND THE PLANS AND POLICIES ADOPTED BY THE STOCKHOLDER AND THE BOARD. Form 990, Part VI, Section A, Line 6 SLTCS PARENT CORPORATION, SOUTHCOAST HEALTH SYSTEM, INC. (SHS) SERVES AS THE SOLE CORPORATE MEMBER OR SOLE CORPORATE STOCKHOLDER OF EACH OF ITS AFFILIATES. Form 990, Part VI, Section A, Line 7a SLTCS PARENT CORPORATION SHS ELECTS THE TRUSTEES OR DIRECTORS OF EACH AFFILIATE AND WITH RESPECT TO CERTAIN OF THE AFFILIATES, EXERCISES SPECIFIED RESERVE POWERS AND IS GOVERNED BY A BOARD OF TRUSTEES. Form 990, Part VI, Section A, Line 7b THE ROLE OF THE SHS BOARD IS TO MAINTAIN A SYSTEM PERSPECTIVE WITH A REGIONAL EMPHHASIS AND A BROAD FOCUS ACROSS ALL ACTIVITIES IN THE ORGANIZATION. PRIMARY FUNCTIONS OF THE SHS BOARD INCLUDE STRATEGIC PLANNING, NETWORK GROWTH AND DEVELOPMENT, AND OVERALL FISCAL RESPONSIBILITIES. EACH AFFILIATE BOARD IS EXPECTED TO FOCUS ON ITS OWN ACTIVITIES ADDRESSING COMMUNITY NEEDS WITH ITS SCOPE OF SERVICES. Form 990, Part VI, Section B, Line 11b THE GOVERNING BOARD OF SHS REVIEWS FORM 990 AND ALL OF ITS RELATED SCHEDULES PRIOR TO FILING. THE REVIEW IS PERFORMED BY THE GOVERNING BOARD AS IT PROVIDES OVERSIGHT FOR COMPENSATION AND CONFLICT OF INTEREST MATTERS ON ITS OWN BEHALF AND ON BEHALF OF ITS AFFILIATES ON A SYSTEM WIDE BASIS. A COMPLETE COPY OF FORM 990 AND ITS SCHEDULES ARE POSTED TO THE SHS BOARD WEBSITE PORTAL FOR ALL BOARD MEMBERS TO REVIEW, MAKE INQUIRIES AND HAVE ANY ADJUSTMENTS MADE PRIOR TO FILING. Form 990, Part VI, Section B, Line 12c SHS HAS CONFLICT OF INTEREST, LEGAL COMPLIANCE, AND CODE OF CONDUCT POLICIES THAT APPLY TO ALL TRUSTEES, OFFICERS, DIRECTORS, AND EMPLOYEES (REFERRED TO AS "MEMBERS"), ON AN ANNUAL BASIS, EACH MEMBER WILL COMPLETE THE CONFLICT OF INTEREST QUESTIONNAIRE WHICH AFFIRMS THAT EACH PERSON HAS: (1) RECEIVED A COPY OF THE POLICY, (2) READ AND UNDERSTAND THE POLICY, (3) AGREED TO COMPLY WITH THE POLICY, AND (4) UNDERSTAND THAT THE SYSTEM ENTITIES ARE CHARITABLE ORGANIZATIONS AND THAT TO MAINTAIN THEIR FEDERAL TAX EXEMPTION, SUCH ENTITIES MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. TO ENSURE THE SYSTEM OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES, DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL TAXATION, AND IN CONNECTION WITH ITS COMPLIANCE PROGRAM, SYSTEM'S MANAGEMENT SHALL CONDUCT PERIODIC REVIEWS OF THE CONFLICT OF INTEREST POLICY AND THE OPERATION AND APPLICATION OF IT. MEMBERS SHALL DISCLOSE ANY INTEREST OR ACTIVITIES IN WHICH THEY ARE INVOLVED OR BECOME INVOLVED THAT DO RESULT, OR MAY APPEAR TO RESULT IN A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST AND SHALL COMPLY WITH, AND MAKE ALL REQUIRED DISCLOSURES UNDER THE CONFLICT OF INTEREST POLICY PRIOR TO COMMENCING, CONTINUING, OR CONSUMMATING ANY ACTIVITY OR TRANSACTION WHICH RAISES A CONFLICT OF INTEREST OR POTENTIAL CONFLICT OF INTEREST. EACH MEMBER IS UNDER AN ONGOING DUTY TO UPDATE AND KEEP CURRENT INFORMATION CONTAINED IN THEIR QUESTIONNAIRE AT LEAST ANNUALLY, OR AS NECESSARY BASED ON DISCLOSURES. THE GENERAL COUNSEL WILL SUMMARIZE AND REPORT ALL DISCLOSURES TO THE PRESIDENT AND CEO AND THE CHAIRMAN OF THE BOARD OF TRUSTEES (OR HIS/HER DESIGNEE). UPON DISCLOSURE OF FINANCIAL OR NON-FINANCIAL INTERESTS ("INTERESTS") AND ALL MATERIAL FACTS RELATED THERETO BY MEMBER OR AN INTERESTED PERSON, THE CHAIR OF THE SYSTEM'S GOVERNANCE COMMITTEE SHALL DETERMINE IN CONJUNCTION WITH THE GENERAL COUNSEL WHETHER A CONFLICT OF INTEREST EXISTS. THE GOVERNANCE COMMITTEE CAN CONTINUE TO DISCUSS THE ISSUE WITH THE MEMBER OR INTERESTED PERSON TO CLARIFY OR OBTAIN ADDITIONAL INFORMATION. HOWEVER, BEFORE THE GOVERNANCE COMMITTEE DISCUSSES OR DETERMINES WHETHER THE MEMBER OR OTHER INTERESTED PERSONS INTEREST CONSTITUTE A CONFLICT OF INTEREST, THE MEMBER OR INTERESTED PERSON MUST LEAVE THE MEETING. IN THE EVENT THE INTEREST INVOLVES THE CHAIR OR CEO, THE REMAINING GOVERNANCE COMMITTEE MEMBERS SHALL APPOINT ONE OR MORE DISINTERESTED TRUSTEES TO MAKE SUCH A DETERMINATION. ONCE THE DETERMINATION OF THE CONFLICT OF INTEREST IS MADE BY THE GOVERNANCE COMMITTEE, SUCH DETERMINATION, ALONG WITH APPROPRIATE MITIGATION PLANS, WILL BE SUBMITTED BY THE GOVERNANCE COMMITTEE FOR REVIEW AND APPROVAL. IF ANY BOARD OR BOARD COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE AN ACTUAL CONFLICT OF INTEREST OR A POTENTIAL CONFLICT OF INTEREST, IT SHALL INFORM SUCH PERSON OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH A MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE IT. IF, AFTER HEARING THE RESPONSE OF SUCH PERSON AND MAKING FURTHER INQUIRY OR INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE BOARD OR BOARD COMMITTEE DETERMINES THAT SUCH PERSON HAS IN FACT FAILED TO DISCLOSE AN ACTUAL CONFLICT OF INTEREST OR A POTENTIAL CONFLICT OF INTEREST, THE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION SHALL BE TAKEN. Form 990, Part VI, Section B, Line 15 SOUTHCOAST LONG TERM CARE SERVICES, INC. DOES NOT HAVE ANY EMPLOYEES. COMPENSATION FOR THE SLTCS PRESIDENT AND CEO WAS ESTABLISHED BY SOUTHCOAST HOSPITALS GROUP, INC. (SHG), A RELATED ENTITY. COMPENSATION FOR ALL VICE PRESIDENTS AND HIGHER LEVEL EXECUTIVES WHO MAY SERVE AS OFFICERS AND DIRECTORS IS ESTABLISHED USING THE FOLLOWING PROCEDURES: (1) REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE OF SHS, WITHOUT THE INVOLVEMENT OF PERSONS WITH A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE, (2) USE OF DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONAL COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION COMMITTEE ENGAGED THE SERVICES OF AN INDEPENDENT HUMAN RESOURCE CONSULTING FIRM ("CONSULTANT") TO PROVIDE UPDATED COMPENSATION DATA AND ASSESS THE REASONABLENESS OF THE TOTAL COMPENSATION PROVIDED TO SHS' EXECUTIVES. THIS INCLUDED RELEVANT COMPETITIVE MARKET PRACTICE INFORMATION FOR THE NORTHEAST REGION MARKET OBTAINED FROM TWO HEALTHCARE EXECUTIVE COMPENSATION SURVEYS THAT WERE PREPARED BY INDEPENDENT FIRMS. THE CONSULTANT ALSO COMPILED NATIONAL MARKET DATA FROM THREE COMMERCIALLY AVAILABLE HEALTHCARE EXECUTIVE COMPENSATION SURVEYS PREPARED BY INDEPENDENT FIRMS, AND (3) CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part VII, Section A, Line 1a TRUSTEES AND OFFICERS ARE COMPENSATED FOR THEIR ROLES OUTSIDE OF THEIR CAPACITY AS TRUSTEES AND OFFICERS. Form 990, Part XII, Line 2b FINANCIAL RESULTS FOR SLTCS ARE INCLUDED IN THE SOUTHCOAST HEALTH SYSTEM, INC. AND AFFILIATES CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE YEARS ENDED SEPTEMBER 30, 2024, AND 2023 WHICH WERE ISSUED WITH AN INDEPENDENT AUDITOR'S REPORT WITH AN UNQUALIFIED AUDIT OPINION. INCLUDED IN THESE AUDITED FINANCIAL STATEMENTS IS SUPPLEMENTAL CONSOLIDATED INFORMATION FOR THE YEAR ENDED SEPTEMBER 30, 2024. NO STAND ALONE AUDITED FINANCIAL STATEMENTS WERE ISSUED FOR CHARLTON LONG TERM CARE SERVICES, INC. FOR THE YEAR ENDED SEPTEMBER 30, 2024. SOUTHCOAST HEALTH SYSTEM INC 101 PAGE STREET NEW BEDFORD MA 02740 042794625 SUPPORT SHG, SPG, VNA MA 501(C)(3) 12: TYPE III-FI N/A 0 SOUTHCOAST HOSPITALS GROUP INC 101 PAGE STREET NEW BEDFORD MA 02740 222592333 ACUTE CARE HOSPITALS MA 501(C)(3) 3 SOUTHCOAST HEALTH SYSTEM INC 1 SOUTHCOAST PHYSICIANS GROUP INC 200 MILL ROAD SUITE 180 FAIRHAVEN MA 02719 222703314 PHYSICIAN SERVICES MA 501(C)(3) 10 SOUTHCOAST HEALTH SYSTEM INC 1 SOUTHCOAST VENTURES INC 101 PAGE STREET NEW BEDFORD MA 02740 043003172 PHYSICIAN SERVICES MA 501(C)(3) 12:TYPE I SOUTHCOAST HEALTH SYSTEM INC 1 SOUTHCOAST VISITING NURSE ASSOCIATION INC 200 MILL ROAD SUITE 120 FAIRHAVEN MA 02719 042105745 HOME CARE SERVICES MA 501(C)(3) 10 SOUTHCOAST HEALTH SYSTEM INC 1 SOUTHCOAST LONG TERM CARE PROPERTIES INC 101 PAGE STREET NEW BEDFORD MA 02740 042984542 INACTIVE MA 501(C)(3) 12:TYPE I SOUTHCOAST HEALTH SYSTEM INC 1 SOUTHCOAST HEALTH AMBASSADORS INC 363 HIGHLAND AVE FALL RIVER MA 02720 043583676 SUPPORT SHG MA 501(C)(3) 12, TYPE I SOUTHCOAST HOSPITALS GROUP INC 1 COASTLINE PROFESSIONAL ASSURANCE CORP LTD PO BOX 10 GRAND CAYMAN CJ KY1-1102 980445031 INSURANCE CJ SOUTHCOAST HEALTH SYSTEM INC C 0 0 0 1 HEALTH MANAGEMENT INITIATIVES INC 363 HIGHLAND AVENUE FALL RIVER MA 02740 042998712 COMM. 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