Southboro Medical

Legal name: Southboro Medical Group Inc

Nonprofit profile at a glance

EIN
042487729
IRS 990 coverage
2010–2014
Official website data refreshed
Jul 2026
Forms available
Form 990 2014
Location
Southboro, MA, USA
Phone
5084603020
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Group Health Practice (Health Maintenance Organizations)

Official website

Reported finances

Revenue
$112,750,085
Expenses
$114,844,232
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • ALAN M LOBOVITS MD (PRESIDENT; PEDIATRICIAN)
  • JOSEPH K NUNES (ADMIN EXECUTIVE DIRECTOR TO 7.25.14)

Highest reported compensation

  • PAULA ANGELINI DPM (PODIATRIST): $621,822 total reported compensation
  • MATTHIAS NURNBERGER MD (INTERNIST): $484,892 total reported compensation
  • ALAN M LOBOVITS MD (PRESIDENT; PEDIATRICIAN): $440,429 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To offer a comprehensive, integrated healthcare system to the metrowest community distinguished by responsiveness to patient needs, quality of care, patient education, and health promotion. The success of our service is measured by the satisfaction of our patients and professional staff.

What it reported doing in 2014

The organization provided medical, preventative and other clinical services to its patients through 246,234 patient visits (including 15,033 medicaid visits and 22,915 medicare visits). The organization works with the other participating organizations of atrius health, inc. To improve the quality of health care services provided to patients in eastern and central Massachusetts through clinical integration and the implementation of a unified electronic medical records system. The organization participated in educational and training programs for medical students and medical residents and for other healthcare professionals including physician assistants and nurses, such programs included 18 clinician teachers. The organization conducted clinical research activities which will impact the community at large.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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 the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 89
  • Accountability: 37
  • Sustainability: 8
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.7%; rating input score 95
  • Program expense ratio: 93.1%; rating input score 93
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 67th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd 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: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -1.9%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 6.3%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 12.4% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 2.1% per year; rating input score 100; 28th percentile among comparable filings
  • Asset growth: -25.2% per year; rating input score 0; 1st percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 94.7% of revenue deployed · 93.1% of spending went to programs
  • Governance: 0 of 6 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $106.9M in reported program spending
  • Leadership: top reported pay $622K · 20 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $1.7M reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: 20 filed money-flow records
  • Related organizations: 26 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 — Accountability: Independent voting board scored 0/100.
  • High — Sustainability: Operating margin scored 15/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • High — Sustainability: Officer compensation ratio scored 9/100.