Bon Secours Hampton Roads Health System Inc

Nonprofit profile at a glance

EIN
521538513
IRS 990 coverage
2017–2017
Forms available
Form 990 2017, Form 990-N 2016
Location
Suffolk, VA, USA
Phone
7578895000
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Community Health Systems

Reported finances

Revenue
$3,343
Expenses
$475,033
Assets
$1,000,000
Liabilities
$134,132

Source: IRS Form 990. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

29 people listed

Executive titles in this filing

  • TONI ARDABELL (BOARD MEMBER, CEO-VA (BEG 05/18))
  • BR ARTHUR CALIMAN (PRESIDENT - BSHR/DMC/MMC/MNCC)
  • MICHAEL KERNER (SECRETARY/CEO-BSHR (END 09/17))
  • MARK NANTZ (SECRETARY/INT. CEO-BSHR (09/17-05/18))
  • AMY CARRIER (SECRETARY, PRESIDENT-BSHR (BEG 05/18))

Highest reported compensation

  • MARK NANTZ (SECRETARY/INT. CEO-BSHR (09/17-05/18)): $1,701,765 total reported compensation
  • TONI ARDABELL (BOARD MEMBER, CEO-VA (BEG 05/18)): $1,657,798 total reported compensation
  • TIMOTHY DAVIS (BOARD MEMBER, EVP, CHRAO): $1,396,559 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Hampton roads good help aco, llc is an accountable care organization (aco) that received approval from the centers for medicare and medicaid services (cms) to participate in the medicare shared savings program (mssp). The mssp is intended to facilitate cooperation among health care providers for the coordination of care for medicare fee-for-service beneficiaries. The goal of coordinated care is to ensure the right care at the right time, while avoiding unnecessary duplication of services and preventing medical errors. The organization is designed to allow participating providers to provide appropriate coordinated care at a time when it is needed and in a setting that is both convenient and appropriate.

What it reported doing in 2017

Supports the subsidiary members of the bon secours hampton roads health system, inc. In their effort to provide compassionate, quality healthcare services to those in need, including the poor and dying, for the purpose of alleviating human suffering and bringing people to wholeness in the midst of pain and loss.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 59
  • Accountability: 89
  • Sustainability: 14
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.1%; rating input score 90
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.9%; rating input score 89; 26th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -14,109.8%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 2.11; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 111.8%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of revenue deployed · 90.1% of spending went to programs
  • Governance: 16 of 18 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $428K in reported program spending
  • Leadership: top reported pay $1.7M · 29 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Contacts: How to reach this organization
  • Related organizations: 87 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 1/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.