Southeastern Massachusetts Mri Consortium
Nonprofit profile at a glance
- EIN
- 043006841
- IRS 990 coverage
- 2009–2009
- Forms available
- Form 990 2009
- Location
- Belmont, MA, USA
- Phone
- 6174891592
- Rating confidence
- Limited
- Sector
- Health Support Services
Reported finances
- Revenue
- $7,060,128
- Expenses
- $5,545,391
- Assets
- $8,253,825
- Liabilities
- $2,707,232
Source: IRS Form 990. Selected filing: tax year 2009. Amounts in USD.
Leadership & pay
10 people listed
Source: IRS Form 990. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Southeastern Massachusetts MRI Consortium, Inc. (SEMRI) is a consortium of FIVE community hospitals in southeastern Massachusetts that operates six mobile MRI scanners. The consortium is comprised of the following hospitals: Cape Cod Hospital, Falmouth Hospital, Morton Hospital and Medical Center, Tobey Hospital, and St. Anne's Hospital. The mission of SEMRI is to continuously improve the quality of the diagnostic service provided to our patients, referring physicians and other individuals who utilize our service. We recognize that quality is defined as consistently meeting customer expectations. Our customers are patients, their families, referring physicians, referring hospitals, the governing board, payers and the community.
What it reported doing in 2009
SOUTHEASTERN MASSACHUSETTS MRI CONSORTIUM (SEMRI) PROVIDES MOBILE MAGNETIC RESONANCE IMAGING SERVICES TO FIVE member HOSPITALS IN SOUTHEASTERN MASSACHUSETTS. These member hospitals include Cape Cod Hospital, falmouth hospital, morton hospital and medical center, tobey hospital and St. Anne's hospital. SEMRI provided 25,334 mri scans for Fy10.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 90
- Accountability: 42
- Sustainability: 69
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 59th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 21.5%; rating input score 90; 90th percentile among comparable filings
- Total-asset coverage ratio: 1.49; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.33; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 6.5%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 0 of 5 board members independent · 7 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $5.1M in reported program spending
- Leadership: top reported pay $134K · 10 people listed
- Highest-paid contractors: 5 contractors listed
- Consistency: 23 of 23 current checks pass
- Schedules: 4 filed schedules
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.