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Nonprofiteer
← SOUTH COVE COMMUNITY HEALTH CENTER INC

Form 990 for tax year 2022

Filed by SOUTH COVE COMMUNITY HEALTH CENTER INC.

Totals

Total revenue
$52,795,627
Total expenses
$35,350,945
Contributions and grants received
$10,010,139
Grants paid
$0
Program service revenue
$42,076,547
Investment income
$702,141
Other revenue
$6,800
Total assets, end of year
$147,146,455
Total liabilities, end of year
$8,846,592
Net assets or fund balances, end of year
$138,299,863
Program services expenses (Part IX)
$27,686,766
Management and general expenses
$7,664,179
Fundraising expenses
$0
Program service expenses (Part III)
$27,686,766

Program services were 78.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $7,326,087

  • 1f · All other contributions, gifts and grants

    $2,684,052

  • 2a · Program service revenue: PATIENT SERVICES

    total $38,709,881 · related or exempt $38,709,881

  • 2b · Program service revenue: PHARMACY REVENUE

    total $3,273,320 · related or exempt $3,273,320

  • 2c · Program service revenue: ADMINISTRATIVE SERVICE REVENUE

    total $93,346 · related or exempt $93,346

  • 3 · Investment income

    total $702,141 · excluded $702,141

  • 6a · Gross rents

    real property $6,800

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $6,800

  • 6d · Net rental income or loss

    total $6,800 · excluded $6,800

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $973,990 · management and general $973,990

  • 7 · Other salaries and wages

    total $20,619,059 · program services $17,124,172 · management and general $3,494,887

  • 8 · Pension plan contributions

    total $1,024,784 · program services $786,516 · management and general $238,268

  • 9 · Other employee benefits

    total $1,886,274 · program services $1,348,068 · management and general $538,206

  • 10 · Payroll taxes

    total $1,651,868 · program services $1,309,999 · management and general $341,869

  • 11b · Fees: legal

    total $44,845 · program services $4,000 · management and general $40,845

  • 11c · Fees: accounting

    total $106,836 · management and general $106,836

  • 16 · Occupancy

    total $1,136,649 · program services $1,136,649

  • 17 · Travel

    total $22,854 · program services $14,667 · management and general $8,187

  • 19 · Conferences, conventions and meetings

    total $99 · management and general $99

  • 24a · Other expenses: PHARMACY DEPT. COST

    total $2,092,477 · program services $2,092,477

  • 24b · Other expenses: SUPPLIES

    total $1,602,490 · program services $1,427,626 · management and general $174,864

  • 24c · Other expenses: FACILITIES EXPENSES

    total $1,498,191 · program services $917,772 · management and general $580,419

  • 24d · Other expenses: CONTRACT SERVICES & FEE

    total $672,574 · program services $446,396 · management and general $226,178

  • 24e · All other expenses

    total $2,017,955 · program services $1,078,424 · management and general $939,531

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $24,908,380 · end of year $5,019,025

  • 3 · Pledges and grants receivable

    beginning of year $386,271 · end of year $363,611

  • 4 · Accounts receivable

    beginning of year $2,853,098 · end of year $2,636,566

  • 8 · Inventories for sale or use

    beginning of year $119,302 · end of year $117,691

  • 9 · Prepaid expenses and deferred charges

    beginning of year $200,700 · end of year $254,868

  • 10a · Land, buildings and equipment: cost or other basis

    $33,817,857

  • 10b · Land, buildings and equipment: accumulated depreciation

    $9,380,107

  • 10c · Land, buildings and equipment, net

    beginning of year $25,235,016 · end of year $24,437,750

  • 12 · Investments: other securities

    beginning of year $74,397,632 · end of year $113,368,858

  • 15 · Other assets

    beginning of year $0 · end of year $948,086

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,185,624 · end of year $6,997,896

  • 19 · Deferred revenue

    beginning of year $59,594 · end of year $990,810

  • 25 · Other liabilities

    beginning of year $0 · end of year $857,886

  • 27 · Net assets without donor restrictions

    beginning of year $120,825,880 · end of year $138,270,562

  • 28 · Net assets with donor restrictions

    beginning of year $29,301 · end of year $29,301

Mission and programs · 2022

Mission

SOUTH COVE COMMUNITY HEALTH CENTER WAS INCORPORATED IN 1972 BY A GROUP OF VOLUNTEERS IN RESPONSE TO THE INADEQUATE PROVISION OF PRIMARY CARE SERVICES FOR THE LOCAL RESIDENTS IN BOSTON CHINATOWN DUE TO THEIR LANGUAGE AND CULTURAL DIFFERENCES. OUR MISSION IS TO IMPROVE THE HEALTH AND WELL-BEING OF ASIAN AMERICANS IN MASSACHUSETTS, WITH A SPECIAL FOCUS ON THE MEDICALLY UNDERSERVED. THIS MISSION IS ACCOMPLISHED BY PROVIDING HIGH QUALITY, COMMUNITY-BASED HEALTH CARE AND PROGRAMS WHICH ARE ACCESSIBLE, AFFORDABLE, AS WELL AS LINGUISTICALLY AND CULTURALLY COMPETENT FOR THESE POPULATIONS.

Activities or mission (Part I)

PROVIDE HEALTH CARE AND EDUCATION TO LOCAL COMMUNITIES.

  • SOUTH COVE HAS FIVE SITES LOCATED IN THE GREATER BOSTON AREA WITH OVER 280 EMPLOYEES, SERVING APPROXIMATELY 32,000 PATIENTS ANNUALLY.WE ARE NOW THE LARGEST ASIAN COMMUNITY HEALTH CENTER IN MASSACHUSETTS WITH NEW AND EXPANDED CLINICS IN BOSTON (CHINATOWN & SOUTH STREET), QUINCY, AND MALDEN.TODAY, WE FACE MANY NEW CHALLENGES IN PROVIDING HEALTH CARE FOR ASIAN AMERICANS SUCH AS: INCREASE IN ETHNIC DIVERSITY WITHIN THE ASIAN COMMUNITY RISE OF NEW ASIAN COMMUNITIES IN SURROUNDING AREAS WITH MAINTENANCE OF TIES TO CHINATOWN TO CONTINUE TO MEET THE NEEDS OF OUR COMMUNITIES IN THIS CHANGING WORLD, WE HAVE: ESTABLISHED SATELLITE CLINICS IN THOSE SURROUNDING COMMUNITIES WITH RELATIVELY HIGH PERCENTAGE OF ASIANS. STAFFED THE CLINICS WITH NATIVE LANGUAGE SPEAKERS, INCLUDING CHINESE, VIETNAMESE, AND CAMBODIAN. EXPANDED COMPLEMENTARY SERVICE INCLUDING HEALTH EDUCATION OUTREACH. MEDICAL SERVICES: SOUTH COVE PROVIDES PRIMARY AND AMBULATORY CARE, INCLUDING THE FOLLOWING:ADULT MEDICINE: GENERAL INTERNAL MEDICINE GERIATRIC SERVICES RADIOLOGY/ULTRASOUND COMMUNITY HEALTHY HEART PROJECT BONE DENSITY IMAGING PEDIATRICS GENERAL PEDIATRIC SERVICES ADOLESCENT HEALTH IMMUNIZATIONS TUBERCULOSIS CLINIC THALASSEMIA SCREENING ASTHMA/PULMONARY CLINIC OBSTETRICS/GYNECOLOGY FULL OBSTETRIC SERVICES LABOR COACHING PRENATAL CLASSES GYNECOLOGICAL EXAMS FAMILY PLANNING BREAST AND CERVICAL HEALTH RADIOLOGY/ULTRASOUND MAMMOGRAPHY OPTOMETRY DENTAL GENERAL DENTISTRY ORAL SURGERY SCHOOL FLUORIDE TREATMENT PROGRAM BEHAVIORAL HEALTH PSYCHOTHERAPY EARLY INTERVENTION PARENT AIDE SERVICES INTENSIVE FAMILY INTERVENTION CASE MANAGEMENT CHILDREN'S COLLABORATIVE HEALTH EDUCATION HEPATITIS B INITIATIVE CHRONIC DISEASE PROGRAM BLOOD PRESSURE SCREENING BREAST AND CERVICAL INITIATIVE ANNUAL HEALTH FAIR HEALTH BEAT QUARTERLY COMMUNITY OUTREACH FIRST AID & CPR TRAINING FAMILY LIFE CENTER BRIGHTON/ALLSTON AFTER SCHOOL ENRICHMENT PROGRAM NUTRITION/WOMEN, INFANTS, AND CHILDREN (WIC) SPECIALTIES GASTROENTEROLOGY NEUROLOGY CARDIOLOGY PODIATRY

    Expenses $27,686,766 · Revenue $42,076,547

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Nelson Liu

    TREASURER (UNTIL 11/22)

    Total calculated
    $0
    Hours/week
    0

  • April Tang

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Cindy Chen

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Thomas Birch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • I-Min Lee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Herman Lee

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Chi Ma

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stephen Tang

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mai Du

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Thuy Tran

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Yee

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Peter Ng

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Meei-Huey Li

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Susan Chinsen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Alvin Wing

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • May Kwan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Eugene Welch

    CEO (UNTIL 12/31/22)

    Total calculated
    $549,829
    From this org
    $516,426
    From related orgs
    $0
    Other
    $33,403
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $216,318
    Bonus
    $300,108
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $21,403
    Filer's total
    $549,829

  • Eric Tiberi

    CEO (AS OF 1/1/23)

    Total calculated
    $481,743
    From this org
    $457,563
    From related orgs
    $0
    Other
    $24,180
    Hours/week
    36 + 4 related

    Schedule J breakdown matched by us

    Base
    $307,461
    Bonus
    $150,102
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $12,180
    Filer's total
    $481,743

  • Jeanine Guffey

    CFO (AS OF 1/1/23)

    Total calculated
    $199,908
    From this org
    $166,572
    From related orgs
    $0
    Other
    $33,336
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $166,572
    Bonus
    $0
    Other
    $0
    Deferred
    $9,994
    Nontaxable benefits
    $23,342
    Filer's total
    $199,908

  • Rong Guan

    ADULT DOCTOR

    Total calculated
    $665,801
    From this org
    $649,738
    From related orgs
    $0
    Other
    $16,063
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $261,900
    Bonus
    $387,838
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $4,063
    Filer's total
    $665,801

  • Yuheng Ruan

    ADULT DOCTOR

    Total calculated
    $591,540
    From this org
    $575,824
    From related orgs
    $0
    Other
    $15,716
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $233,230
    Bonus
    $342,594
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $3,716
    Filer's total
    $591,540

  • Qiyue Hu

    ADULT DOCTOR

    Total calculated
    $479,142
    From this org
    $445,980
    From related orgs
    $0
    Other
    $33,162
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $222,376
    Bonus
    $223,604
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $21,162
    Filer's total
    $479,142

  • Minping Liu

    ADULT DOCTOR

    Total calculated
    $747,856
    From this org
    $707,547
    From related orgs
    $0
    Other
    $40,309
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $238,913
    Bonus
    $468,634
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $28,309
    Filer's total
    $747,856

  • Chia Wen Lee

    ADULT DOCTOR

    Total calculated
    $473,900
    From this org
    $434,872
    From related orgs
    $0
    Other
    $39,028
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $226,673
    Bonus
    $208,199
    Other
    $0
    Deferred
    $12,000
    Nontaxable benefits
    $27,028
    Filer's total
    $473,900

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
CERTAIN INDIVIDUALS LISTED ON FORM 990, PART VII RECEIVE PERFORMANCE BASED BONUSES. SEE SCHEDULE J, PART II, COLUMN B(II).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
29 March 2024
IRS schema version
2022v5.0
Source object
202420959349300217

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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