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Nonprofiteer
← MGB POOLED HOLDINGS LLC

Form 990 for tax year 2022

Filed by MGB POOLED HOLDINGS LLC.

Totals

Total revenue
$272,820,546
Total expenses
$508,485,929
Contributions and grants received
$0
Grants paid
$508,485,929
Program service revenue
$0
Investment income
$272,820,546
Other revenue
$0
Total assets, end of year
$13,908,771,312
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$13,908,771,312
Program services expenses (Part IX)
$508,485,929
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$508,485,929

Program services were 100.0% 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.

  • 3 · Investment income

    total $14,308,108 · related or exempt -$56,752,139 · unrelated business $71,060,247

  • 6d · Net rental income or loss

    related or exempt $1,093,493 · unrelated business -$1,093,493

  • 7a · Gross sales of assets other than inventory

    securities $258,512,438

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $258,512,438

  • 7d · Net gain or loss

    total $258,512,438 · related or exempt $258,512,438

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $508,485,929 · program services $508,485,929

Balance sheet

Part X, book values.

  • 12 · Investments: other securities

    beginning of year $13,155,018,220 · end of year $13,908,771,312

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $13,155,018,220 · end of year $13,908,771,312

Mission and programs · 2022

Mission

INVESTING POOLING ENTITY

  • SEE SCHEDULE O

    Expenses $508,485,929 · Grants $508,485,929 · Revenue $202,853,792

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

Listed in Part VII

  • John R Barker

    PRESIDENT UNTIL 09/01/2023

    Total calculated
    $3,380,006
    From this org
    $0
    From related orgs
    $3,317,055
    Other
    $62,951
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $719,500 related
    Bonus
    $0 + $2,536,466 related
    Other
    $0 + $61,089 related
    Deferred
    $0 + $27,450 related
    Nontaxable benefits
    $0 + $35,501 related
    Filer's total
    $0 + $3,380,006 related

  • Niyum Gandhi

    TREASURER

    Total calculated
    $1,787,241
    From this org
    $0
    From related orgs
    $1,746,250
    Other
    $40,991
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,459,480 related
    Bonus
    $0 + $100,000 related
    Other
    $0 + $186,770 related
    Deferred
    $0 + $18,300 related
    Nontaxable benefits
    $0 + $22,691 related
    Filer's total
    $0 + $1,787,241 related

  • Debra Sloan

    SECRETARY

    Total calculated
    $755,349
    From this org
    $0
    From related orgs
    $687,219
    Other
    $68,130
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $455,649 related
    Bonus
    $0 + $154,936 related
    Other
    $0 + $76,634 related
    Deferred
    $0 + $33,550 related
    Nontaxable benefits
    $0 + $34,580 related
    Filer's total
    $0 + $755,349 related

  • Emma Somers-Roy

    PRESIDENT SINCE 09/02/2023

    Total calculated
    $0
    Hours/week
    1 + 50 related

  • Peter K Markell

    FORMER O - MGBPH

    Total calculated
    $1,950,691
    From this org
    $0
    From related orgs
    $1,950,362
    Other
    $329
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $1,950,362 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $329 related
    Filer's total
    $0 + $1,950,691 related

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

  • 4a · Severance or change-of-control payment

Answered no

  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • PARTNERS HEALTHCARE INTERNATIONAL LLC

    GLOBAL HEALTH CARE · MA · income $7,117 · assets $542,775

    Directly controlled by MGB

  • MERRIMACK VALLEY ENDOSCOPY LLC

    MEDICAL SERVICES · MA · income $5,215,932 · assets $230,516

    Directly controlled by MGBCP

  • PARTNERS INNOVATION II LLC

    INVESTMENTS · MA · income $0 · assets $67,488,283

    Directly controlled by MGB

  • MASS GENERAL BRIGHAM VENTURES LLC

    INVESTMENTS · MA · income $0 · assets $0

    Directly controlled by MGB

  • MASSACHUSETTS EYE & EAR ASSOCIATES LLC

    BILLING SERVICES · MA · income $486 · assets $0

    Directly controlled by MEEA

  • PORTLAND INVESTMENTS-PIA LLC

    INVESTMENTS · ME · income $0 · assets $18,423,825

    Directly controlled by MGBPI

  • PORTLAND INVESTMENTS-EP LLC

    INVESTMENTS · ME · income $0 · assets $16,631,906

    Directly controlled by MGBPI

  • MASS GENERAL INTERNATIONAL LLC

    GLOBAL HEALTH CARE · MA · income $2,051,752 · assets $9,868

    Directly controlled by MGPO

  • CODAMETRIX LLC

    MEDICAL CODING SOFTWARE · MA · income $0 · assets $0

    Directly controlled by MGPO

  • BRIGHAM HEALTH INTERNATIONAL LLC

    GLOBAL HEALTH CARE · MA · income $1,384,347 · assets $7,209,937

    Directly controlled by BH

  • SPAULDING INTERNATIONAL LLC

    GLOBAL HEALTH CARE · MA · income $16,672 · assets $397,399

    Directly controlled by SRH

  • MCLEAN INTERNATIONAL LLC

    GLOBAL HEALTH CARE · MA · income $0 · assets $0

    Directly controlled by MCLEAN

  • MEEA - CAPE COD PHO LLC

    BILLING SERVICES · MA · income $31 · assets $0

    Directly controlled by MEEA

  • MEEA - WINCHESTER PHO LLC

    BILLING SERVICES · MA · income $0 · assets $0

    Directly controlled by MEEA

  • HOUSTON OCD PROPERTIES LLC

    OWNS THE PROPERTY OF MCLEAN HOUSTON · TX · income $0 · assets $0

    Directly controlled by MCLEAN

  • MASS GENERAL BRIGHAM HEALTH PLAN SELECT LLC

    INSURANCE COMPANY - HMO · MA · income -$37,720 · assets $1,101,869

    Directly controlled by MGBHP

  • MASS GENERAL BRIGHAM GP III LLC

    INVESTMENTS · MA · income $0 · assets $33,224,433

    Directly controlled by MGB

  • MASSACHUSETTS EYE & EAR ASSOCIATES NORTH SUBURBAN

    BILLING SERVICES · MA · income $926,019 · assets $0

    Directly controlled by MEEA

  • NSPG BILLING

    BILLING SERVICES · MA · income $0 · assets $0

    Directly controlled by NSPG

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • MGB POOLED INVESTMENTS LLC

    EXCLUDED · INVESTMENTS · MA · 100% owned · share of income $273,620,288 · share of assets $13,948,188,473 · general or managing partner

    Directly controlled by MGB

  • PARTNERS INNOVATION FUND LLC

    EXCLUDED · INVESTMENTS · MA · 100% owned · share of assets $79,764,323 · general or managing partner

    Directly controlled by MGB

  • RADIATION THERAPY OF SOUTHEASTERN MA LLC

    EXCLUDED · RADIATION THERAPY SERVICES · MA · 51% owned · share of income $3,480,961 · share of assets $3,092,628 · general or managing partner

    Directly controlled by BH

  • MASS GENERAL BRIGHAM ACO LLC

    EXCLUDED · ACCOUNTABLE CARE ORGANIZATION · MA · 100% owned · share of income $12,193,656 · general or managing partner

    Directly controlled by MGB

  • MCLEAN HOUSTON OCD PROGRAM LLC

    EXCLUDED · PSYCHIATRIC TREATMENT FACILLITY · TX · 60% owned · share of income $1,060,167 · general or managing partner

    Directly controlled by MCLEAN

  • WENTWORTH SURGERY CENTER LLC

    EXCLUDED · SURGICAL CENTER · NH · 98% owned · share of income $7,237,773 · share of assets $3,233,978 · general or managing partner

    Directly controlled by WDH

  • MASS GENERAL BRIGHAM GLOBAL ADVISORY LLC

    EXCLUDED · HEALTH CARE EDUCATION AND CONSULTING · MA · 100% owned · share of income $3,086,286 · share of assets $1,379,670 · general or managing partner

    Directly controlled by MGB

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • NEWTON-WELLESLEY PHYSICIAN HOSPITAL ORG

    C · HEALTHCARE · MA · 100% owned · share of income $4,925,691 · share of assets $9,266,055

    Directly controlled by NWH

  • MASS GENERAL BRIGHAM HEALTH INSURANCE COMPANY

    C · INSURANCE COMPANY · MA · 100% owned · share of income $70,206,402 · share of assets $60,558,144

    Directly controlled by MGB

  • HEALTH PARTNERS OF NEW HAMPSHIRE INC

    C · MANAGEMENT SERVICES · NH · 50% owned · share of income $724,969 · share of assets $1,867,324

    Directly controlled by WDH

  • WENTWORTH HOMECARE AND HOSPICE LLC

    C · HOMECARE & HOSPICE SERVICES · NH · 50% owned · share of income $5,519,240 · share of assets $1,598,187

    Directly controlled by WDH

  • CODAMETRIX INC

    C · MEDICAL CODING SOFTWARE · MA · 100% owned · share of income $1,909,864 · share of assets $4,308,852

    Directly controlled by MGPO

  • MGBV TH HOLDCO INC

    C · INVESTMENTS · DE · 100% owned

    Directly controlled by MGBF III

Provenance

Return type
form_990
Tax year
2022
Filed
13 August 2024
IRS schema version
2022v5.0
Source object
202422269349300117

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