Seacoast Affiliated Group Practice INC FY2021 filing

Tax-deductible

Burlington, MA501(c)(3)Since 1999Health CareEIN 04-3485648Revenue $14.7M in FY2021

On file with the IRSajh.org41 Mall Rd, 01805-0001 · Burlington, MATax-exempt since Feb 2002Publicly supported — 509(a)(2)

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501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$2.8M paid to officers and key staff.
Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $4.7M a year · 35% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$2.8M
to officers and key staff · 17% of spending
Fine: pay to officers and key staff is 17% of spending; 15% to 20%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $19K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$4.8M
150% of total assets
Concern: liabilities are 150% of assets; over 80%.
Pt X · Ln 26
Independent board members
19
of 23 voting members
Looks good: 19 of 23 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$14.7M
+7% vs prior year
Spent
$16.3M
To programs
95%
Net assets
−$1.6M
By yearFY2020–FY2025
Revenue
$14.7M
FY2021▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$13.8M
FY2021$14.7M
FY2022$12.9M
FY2023$13.0M
FY2024$13.2M
FY2025$12.9M
Expenses
$16.3M
FY2021▼ -7%
Tap a bar for its year
Expenses by fiscal year
FY2020$17.5M
FY2021$16.3M
FY2022$16.6M
FY2023$18.0M
FY2024$20.6M
FY2025$19.7M
Net assets
−$1.6M
FY2021▼ -9470%
Tap a bar for its year
Net assets by fiscal year
FY2020$17K
FY2021−$1.6M
FY2022−$5.4M
FY2023−$10.4M
FY2024−$17.8M
FY2025−$24.6M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2002.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $15.5M Management & general 5% · $746K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

33 people listed on the 990; $2.8M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Primary Care Physician
$1,135,091Pt VII · Sec A
Primary Care Physician
$483,167Pt VII · Sec A
Gastroenterologist
$398,531Pt VII · Sec A
Surgeon Specializing in Breast Care
$398,260Pt VII · Sec A
General Surgeon
$349,505Pt VII · Sec A
Trustee, Assistant Clerk
$0Pt VII · Sec A
Trustee (ex Officio); Chair, Foundation
$0Pt VII · Sec A
Trustee and Vice Chair
$0Pt VII · Sec A

Naseer-Ghiasuddin MD Saira’s $1.0M as Ttee; Physician, Internal Medicine is at the 94th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Naseer-Ghiasuddinsaira———$1,236,420——
Naseer-Ghiasuddin MD Saira$1,038,826$1,038,362$959,390—$1,135,091—
Naseer-Ghiasudden Saira—————$1,064,029
Matthews DO Brett$691,111$470,165————
Thurlow MD Jeffrey$651,591$450,077————
Kerstenkimberly———$532,203$483,167—
Kersten Kimberly——$386,375——$476,575
Hartmann MD Peter$430,221$437,497————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides medical care to patients in the Seacoast region.

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Provided by the organization

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3 programs · $15.5M · in their own filed words · FY2020
01

See schedule o.

$6.3Mprogram expense
02

See schedule o.

$5.7Mprogram expense
03

See schedule o.

$3.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2019
Total grants receivedfrom 1 funder$19K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$14.7M
Ln 12
Fees for servicesLn 2g$13.4M
Gifts and grantsLn 1h$1.1M
Other incomeLn 4–11$100K
Money outPt IX
$16.3M
Ln 25
Programscol B$15.5M
Managementcol C$746K
Owns and owesPt X
−$1.6M
net assets · Ln 32
Cash and savingsLn 1–2$272K
Total assetsLn 16$3.2M
LiabilitiesLn 26$4.8M
PeoplePt VI, VII
33
listed · VII A
PaidVII A5
Voting boardVI 1a23
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.1M
Government grantsLn 1e$1.1M
Fees for servicesLn 2g$13.4M
Other incomeLn 4–11$100K
Total revenueLn 12$14.7M
Assets in detailPt X, end of year
SavingsLn 2$272K
Cash and savings togetherLn 1–2$272K
Land, buildings, equipmentLn 10c$527K
Total assetsLn 16$3.2M
LiabilitiesLn 26$4.8M
Net assetsLn 32−$1.6M
OperationsPt I, VI
EmployeesI 5136
VolunteersI 616
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$575K$272K
Land, buildings, equipmentLn 10c$303K$527K
Total assetsLn 16$3.5M$3.2M
LiabilitiesLn 26$3.5M$4.8M
Net assetsLn 32$17K−$1.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$2.8M$2.8M
Other salaries and wagesLn 7$6.8M$6.3M$511K
Pension plan contributionsLn 8$157K$148K$8K
Other employee benefitsLn 9$811K$769K$42K
Payroll taxesLn 10$543K$514K$29K
Other fees for servicesLn 11g$1.4M$1.2M$133K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$1.3M$1.3M
Information technologyLn 14$251K$251K
OccupancyLn 16$1.4M$1.4M
Conferences, conventions and meetingsLn 19$21K$49$21K
Depreciation, depletion and amortizationLn 22$95K$95K
InsuranceLn 23$566K$566K
Other expenses (24a–d)Ln 24$271K$271K
Total functional expensesLn 25$16.3M$15.5M$746K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.9M$19.7M−$6.8M−$24.6M 990 PDF
FY2024 $13.2M$20.6M−$7.4M−$17.8M 990 PDF
FY2023 $13.0M$18.0M−$5.0M−$10.4M 990 PDF
FY2022 $12.9M$16.6M−$3.8M−$5.4M 990 PDF
FY2021 Viewing $14.7M$16.3M−$1.6M−$1.6M 990 PDF
FY2020 $13.8M$17.5M−$3.8M$17K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $14,669,644 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $342,320$1,136,025
I-9 Program service revenuePrior year $13,211,301$13,434,019
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $204,984$99,600
I-12 Total revenuePrior year $13,758,605$14,669,644
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $12,134,906$11,079,143
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,379,570$5,206,781
I-18 Total expensesPrior year $17,514,476$16,285,924
I-19 Revenue less expensesPrior year −$3,755,871−$1,616,280
Part VI · Governance 19 of 23 board members independent, 2 to look at
VI-1a Voting members of the governing body23
VI-1b Independent voting members19
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $14,669,644 across 5 lines filed
VIII-1e Government grants$1,136,025
VIII-1h Total contributions, gifts and grants$1,136,025
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $13,434,019$13,434,019
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $99,600$99,600
VIII-12 Total revenueRelated to mission $13,533,619 · Unrelated business $0 · Excluded from tax $0$14,669,644
Part IX · Statement of functional expenses $16,285,924 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $2,764,554$2,764,554
IX-7 Other salaries and wagesPrograms $6,292,853 · Management $511,218$6,804,071
IX-8 Pension plan contributionsPrograms $148,458 · Management $8,394$156,852
IX-9 Other employee benefitsPrograms $769,203 · Management $41,854$811,057
IX-10 Payroll taxesPrograms $514,074 · Management $28,535$542,609
IX-11g Other fees for servicesPrograms $1,220,003 · Management $133,057$1,353,060
IX-12 Advertising and promotionManagement $1,723$1,723
IX-13 Office expensesPrograms $1,254,910$1,254,910
IX-14 Information technologyPrograms $251,117$251,117
IX-16 OccupancyPrograms $1,392,675$1,392,675
IX-19 Conferences, conventions and meetingsPrograms $49 · Management $20,997$21,046
IX-22 Depreciation, depletion and amortizationPrograms $95,212$95,212
IX-23 InsurancePrograms $566,337$566,337
IX-24 Other expenses (24a–d)Programs $270,701$270,701
IX-25 Total functional expensesPrograms $15,540,146 · Management $745,778 · Fundraising $0$16,285,924
Part X · Balance sheet $3,219,940 assets, 12 lines filed
X-2 Savings and temporary cash investmentsStart of year $575,131$272,159
X-4 Accounts receivableStart of year $1,238,746$1,102,077
X-8 Inventories for sale or useStart of year $195,434$134,251
X-9 Prepaid expenses and deferred chargesStart of year $1,235,555$1,184,035
X-10c Land, buildings and equipment, netStart of year $303,009$527,418
X-16 Total assetsStart of year $3,547,875$3,219,940
X-17 Accounts payable and accrued expensesStart of year $1,546,946$1,764,474
X-25 Other liabilitiesStart of year $1,983,862$3,054,679
X-26 Total liabilitiesStart of year $3,530,808$4,819,153
X-27 Net assets without donor restrictionsStart of year $17,067−$1,599,213
X-32 Total net assets or fund balancesStart of year $17,067−$1,599,213
X-33 Total liabilities and net assetsStart of year $3,547,875$3,219,940
Part XI · Reconciliation of net assets −$1,599,213 net assets at year end
XI-1 Total revenue$14,669,644
XI-2 Total expenses$16,285,924
XI-3 Revenue less expenses−$1,616,280
XI-4 Net assets at start of year$17,067
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$1,599,213

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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