2025-05-15T07:59:48-05:00 2024-06-30 010494526 Baker Newman & Noyes 650 Elm Street Suite 302 Manchester NH 03101 990 2023-07-01 020509589 Elliot Physican Network ELLI 6036638914 1070 Holt Avenue Unit 1 2100 Manchester NH 03109 Michael Turilli CFO 6036638914 2025-05-13 1 0 Connor Smart P02285543 6036262200 2025-05-13 2023 2025-03-06 01:10:19Z William G Baxter 1070 Holt Avenue Unit 1 2100 Manchester NH 03109 41683246 0 X elliothospital.org/website/physicians-network.php X 2002 NH The Elliot Physician Network is a group of specialized physicians dedicated to the promotion of highest quality, compassionate and accessible health care. We realize the importance of each patient and each physician in the patient-physician relationship. We are guided by the desire to work within the larger Elliot Health System to create a healthy community. 9 3 108 3 0 0 157542 1639 37868993 41681607 0 0 0 0 38026535 41683246 0 0 0 0 38660562 41227559 0 0 0 9296240 10659611 47956802 51887170 -9930267 -10203924 3162117 1975864 8215895 7004701 -5053778 -5028837 X The Elliot Physician Network is a group of specialized physicians which are dedicated to the promotion of highest quality, compassionate and accessible health care. We realize the importance of each patient and each physician in the patient-physician relationship. We are guided by the desire to work within the larger Elliot Health System to create a healthy community. 0 0 50684260 0 41681607 To employ physicians duly licensed in medicine and other qualified personnel and make the services of such health care professionals available to such persons, including indigent persons, requiring medical care. 50684260 1 0 0 0 0 0 0 0 0 0 1 0 0 0 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 0 0 0 1 33 0 1 108 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 3 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X Michael Turilli 6036638914 1070 Holt Avenue Unit 1 2100 Manchester NH 03109 Marina Feldman MD Trustee 1.00 43.00 X 0 798114 47849 William G Baxter President & CEO 1.00 48.00 X X 0 1787964 206206 Todd Burdette MD Trustee 2.00 43.00 X 0 653245 40966 Maria Boylan DO Trustee 42.00 3.00 X 292709 0 39642 Matthew Ryzewski MD Trustee 2.00 43.00 X 0 366795 38759 Elizabeth Saich MD Trustee 2.00 43.00 X 0 308717 43189 David Cuzzi Trustee 1.00 3.00 X 0 0 0 Michael Decelle Trustee 2.00 3.00 X 0 0 0 Stephen Langan Chair/Trustee 1.00 3.00 X X 0 0 0 Michael Turilli SVP/CFO, SolutionHealth 1.00 48.00 X 0 597609 110268 Manish Chopra MD Physician 40.00 0.00 X 481828 0 45539 Gus Emmick MD Physician 40.00 0.00 X 410937 0 44146 Richard Tedesco MD Physician 40.00 0.00 X 414931 0 33684 Samuel Goldman MD Physician 40.00 0.00 X 412794 0 37977 Masooma Athar MD Physician 40.00 0.00 X 374653 0 22382 2387852 4512444 710607 90 0 1 0 Elliot Hospital of the City of Mancheste 1 Elliot Way Manchester NH 03103 Management and administration 1200660 Medicus Hospitalists LLC 22 Roulston Road Windham NH 03087 Staff recruiting 298258 Scanstat Technologies 1750 Founders Parkway Suite 130 Alpharetta GA 30009 Document management 291032 Merative US LP 100 Phoenix Drive Ann Arbor MI 48108 Medical technology 267490 Access Nurse 6016 Brookvale Lane Suite 100 Knoxville TN 37919 Staffing 217655 5 1639 1639 Patient services 621110 37561838 37561838 Other medical services 621110 4119769 4119769 41681607 41683246 41681607 0 0 332351 332351 33732334 33732334 1122584 1122584 4146182 4146182 1894108 1894108 1200660 1200660 568352 566102 2250 1558753 1558753 88429 88429 3708324 3708324 32026 32026 170227 170227 Med. services/supplies 2646772 2646772 Provision for bad debt 686068 686068 51887170 50684260 1202910 0 738020 341051 1976463 2609139 3735 3740 561080 237174 320169 323906 56164 50037 67566 -1352009 3162117 1975864 4985385 5950100 3230510 1054601 8215895 7004701 X -5053778 -5028837 -5053778 -5028837 3162117 1975864 X -10203924 10228865 X X 0 1 X 1 1 1 X 558680 237124 321556 2400 50 2350 323906 Accrued pension liabilities 1058329 Due to affiliates -3728 1054601 X 41118141 120963 120963 40997178 686068 686068 41683246 51201102 0 51201102 686068 686068 51887170 Part X, Line 2: Elliot Hospital, EPN and EPS are not-for-profit corporations as described in Section 501(c)(3) of the Internal Revenue Code, and are exempt from federal income taxes on related income pursuant to Section 501(a) of the Code. Management evaluated the Hospital's tax positions and concluded the Hospital has maintained its tax-exempt status, does not have any significant unrelated business income and had taken no uncertain tax positions that require adjustment to the consolidated financial statements. Part XI, Line 2d - Other Adjustments: Net periodic pension gain 120,963. Part XI, Line 4b - Other Adjustments: Provision for bad debt 686,068. Part XII, Line 4b - Other Adjustments: Provision for bad debt 686,068. 0 1 0 0 0 0 0 1 0 William G Baxter President & CEO 0 841445 0 234988 0 711531 0 168887 0 37319 0 1994170 0 652089 Marina Feldman MD Trustee 0 776871 0 21243 0 0 0 6600 0 41249 0 845963 0 0 Michael Turilli SVP/CFO, SolutionHealth 0 491010 0 102300 0 4299 0 83285 0 26983 0 707877 0 0 Todd Burdette MD Trustee 0 629503 0 0 0 23742 0 8198 0 32768 0 694211 0 0 Manish Chopra MD Physician 448831 0 10050 0 22947 0 6185 0 39354 0 527367 0 0 0 Gus Emmick MD Physician 403498 0 6512 0 927 0 7844 0 36302 0 455083 0 0 0 Samuel Goldman MD Physician 406046 0 6300 0 448 0 5889 0 32088 0 450771 0 0 0 Richard Tedesco MD Physician 407994 0 5364 0 1573 0 0 0 33684 0 448615 0 0 0 Matthew Ryzewski MD Trustee 0 329120 0 15000 0 22675 0 7307 0 31452 0 405554 0 0 Masooma Athar MD Physician 350889 0 4059 0 19705 0 7562 0 14820 0 397035 0 0 0 Elizabeth Saich MD Trustee 0 293117 0 15000 0 600 0 6163 0 37026 0 351906 0 0 Maria Boylan DO Trustee 286995 0 5514 0 200 0 5977 0 33665 0 332351 0 0 0 Part I, Line 3 The Organization's President and CEO is compensated by a related organization, The Elliot Hospital of the City of Manchester. The Hospital uses the Compensation Committee of its Board of Trustees to retain independent compensation consultants to evaluate the total compensation of the President and CEO and their executive direct reports. The consultants utilize independent market data reflecting comparable benchmarks from like organizations. Recommendations of the consultant, covering total compensation, are reviewed and approved by the Compensation Committee of the Hospital's Board of Trustees. The Compensation Committee retains minutes of its meetings. The Compensation Committee is comprised of Hospital Board members who are independent and have no conflicts of interest. An independent consulting firm is also retained by the organization to review the compensation of the other officers and key employees. The consultants utilize independent market data reflecting comparable benchmarks from like organizations and this information is presented to the President and CEO for review and approval. Part I, Line 4b The Elliot Health System and SolutionHealth, the parent-organization of the System, maintain 457(f) deferred compensation plans. The following individuals, each of whom qualify as either an officer, director, trustee, key employee, or highest compensated employee on this Form 990, Part VII, received contributions to their 457(f) deferred compensation plans during the 2023 calendar year as follows: - William G. Baxter: $162,287 - Michael Turilli: $80,692 These amounts have been reported within the named individuals' deferred compensation figures as shown on this Schedule J, Part II, Column C. Additionally, Mr. Baxter took taxable distributions from his 457(f) plan during the 2023 calendar year in the amount of $689,747. Such amounts have been included within "Other Compensation" as reported on this Schedule J, Part II, Column B(iii). Furthermore, as such distributions relate to and have been paid from previous tax year 457(f) plan deferrals, $652,089 of the 2023 taxable distributions have also been reported as Prior Compensation, as shown on this Schedule J, Part II, Column F. The System historically maintained a defined benefit pension plan for certain employees, the Elliot Health System Pension Plan (the Plan). Effective July 1, 2006, the Plan was amended to close the Plan to employees hired after June 30, 2006. Eligible employees hired prior to July 1, 2006 are grandfathered under the Plan and will continue to accrue benefits as long as they remain at a participating System entity and in an eligible status. The System's funding policy is to contribute amounts to the Plan sufficient to meet minimum funding requirements set forth in the Employee Retirement Income Security Act of 1974, plus such additional amounts as might be determined to be appropriate from time to time. The Plan is intended to constitute a plan described in Section 414(k) of the Internal Revenue Code, under which benefits derived from employer contributions are based on the separate account balances of participants in addition to the defined benefits under the Plan. In calendar year 2023, no officers or other employees of Elliot Hospital received defined contributions under the now-closed 414(K) plan. Additionally, there were no defined benefit accrual adjustments for any of the Organization's listed individuals for the 2023 calendar year. Part I, Line 7 The Organization has adopted an incentive pay program that provides designated management employees an opportunity to earn a designated percentage of salary based on the achievement of a number of critical Board Designated Goals. These goals are established annually by the management team with final approval by the independent Compensation Committee of the Board of Trustees with assistance from an independent national compensation consulting firm. The incentive award payments under the plan are considered by the compensation consultant and presented to and approved by the Compensation Committee of the Board of Trustees. Form 990, Part VI, Section A, line 6 Elliot Hospital is the sole member of the reporting organization. Form 990, Part VI, Section A, line 7a Elliot Hospital, the sole member of the reporting organization, has the right to ratify the election of all Board members of Elliot Physician Network. Additionally, representatives from the sole member share equal representation on the Board of Trustees with the filing organization. Form 990, Part VI, Section A, line 7b The sole member, Elliot Hospital, has the right to the following governance decisions: approval of Elliot Physician Network's annual budget, approval of Bylaws and Articles of Organization and amendments of same, and approval of strategic plans. Form 990, Part VI, Section B, line 11b The completed Form 990 is presented to the full Board prior to filing. Board members can review the draft and bring any questions forward for discussion prior to filing. Form 990, Part VI, Section B, line 12c Officers, directors, and key employees are required annually to sign a conflict of interest form which requires reporting any potential conflict of interest arrangements with the organization. Form 990, Part VI, Section B, line 15 The Organization's officers and key employees are compensated by a related organization, The Elliot Hospital of the City of Manchester. The Hospital uses the Compensation Committee of its Board of Trustees to retain independent compensation consultants to evaluate the total compensation of the President and CEO and their executive direct reports. The consultants utilize independent market data reflecting comparable benchmarks from like organizations. Recommendations of the consultant, covering total compensation, are reviewed and approved by the Compensation Committee of the Hospital's Board of Trustees. The Compensation Committee retains minutes of its meetings. The Compensation Committee is comprised of Hospital Board members who are independent and have no conflicts of interest. An independent consulting firm is also retained by the organization to review the compensation of the other officers and key employees. The consultants utilize independent market data reflecting comparable benchmarks from like organizations and this information is presented to the President and CEO for review and approval. Form 990, Part VI, Section C, line 19 Each of these documents is filed with the New Hampshire Secretary of State and is available upon request. Form 990, Part XI, line 9: Transfers from affiliates 10,270,000. Periodic pension adjustment -162,098. Net periodic pension gain 120,963. Form 990, Part XII, Line 2c: The audit process has not changed from the prior year. Elliot Health System 1070 Holt Avenue Unit 1 Suite 2100 Manchester NH 03109 020509911 Management NH 501(c)(3) Line 12b, II SolutionHealth 0 Elliot Health System Professional & General LIT 1070 Holt Avenue Unit 1 Suite 2100 Manchester NH 03109 016217452 Insurance Trust NH 501(c)(3) Line 12a, I Elliot Hospital 0 Elliot Hospital 1 Elliot Way Manchester NH 03103 020232673 Medical Services NH 501(c)(3) Line 3 Elliot Health System 0 Elliot Hospital Associates 1 Elliot Way Manchester NH 031033599 026006214 Auxiliary NH 501(c)(3) Line 12d, III-O N/A 0 Elliot Professional Services Network 1070 Holt Avenue Unit 1 Suite 2100 Manchester NH 03109 331003630 Physician Services NH 501(c)(3) Line 10 Elliot Hospital 0 Foundation Medical Partners Inc 8 Prospect Street Nashua NH 03060 020456218 Physician Services NH 501(c)(3) Line 10 Southern New Hampshire Health System 0 Home Health and Hospice Care 7 Executive Park Drive Merrimack NH 03054 237331452 Home Care and Hospice NH 501(c)(3) Line 7 SolutionHealth 0 Legacy Trust of Southern New Hampshire Health Inc 8 Prospect Street Nashua NH 03060 844779887 Fundraising NH 501(c)(3) Line 7 Southern New Hampshire Health System 0 Mary and John Elliot Charitable Foundation 1070 Holt Avenue Unit 1 Suite 2100 Manchester NH 03109 020512229 Fundraising NH 501(c)(3) Line 7 Elliot Health System 0 SolutionHealth 360 Route 101 Unit 8 Manchester NH 03110 830741190 Supporting Organization NH 501(c)(3) Line 12a, I N/A 0 Southern New Hampshire Health System 8 Prospect Street Nashua NH 03060 020509221 Medical Services NH 501(c)(3) Line 12b, II SolutionHealth 0 Southern New Hampshire Medical Center 8 Prospect Street Nashua NH 03060 020483054 Medical Services NH 501(c)(3) Line 3 Southern New Hampshire Health System 0 The Surgery Center of Greater Nashua 10 Prospect Street Nashua NH 03109 461084049 Management NE 501(c)(3) Line 3 Southern New Hampshire Health System 0 VNA Home Health and Hospice Services Inc 1070 Holt Avenue Unit 1 Suite 2100 Manchester NH 03109 020222241 Home Care and Hospice NH 501(c)(3) Line 10 Elliot Health System 0 VNA of Manchester & Southern NH Inc 1070 Holt Avenue Unit 1 Suite 2100 Manchester NH 03109 020395296 VNA Holding Company NH 501(c)(3) Line 12b, II Elliot Health System 0 VNA Personal Services Inc 1070 Holt Avenue Unit 1 Suite 2100 Manchester NH 03109 020395295 Private Health and Homemaker Services NH 501(c)(3) Line 10 Elliot Health System 0 Elliot Common Trust Fund LLC 1 Elliot Way Manchester NH 03103 203653624 Investments NH N/A 0 0 Elliot Health System Holdings & Subsidiaries 1070 Holt Avenue Unit 1 Suite 2100 Manchester NH 03109 020512224 Management NH N/A C 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 1 1 0 1