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FY 2019 ANNUAL REPORT

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  • FY 2019 ANNUAL REPORT

  • 2 MASCO FY2019 ANNUAL REPORT

    The icon for MASCO’s new placemaking program, named outside, is the two dashed lines you see above. For those of you who are fortunate to spend some time in the music world, you know that the dashed lines are a caesura and tell us when to pause or take a breath. We thought this would be useful in the Longwood Area.

    ©2019 Michael J. Lutch

  • 3MASCO FY2019 ANNUAL REPORT

    FY 2019

    ANNUALREPORT 4 Letter from

    MASCO Chair

    6 Message from MASCO President and CEO

    10 outside// Program

    12 Financial Results for FY2019

    14 Board and Committee Members

    Left: Of an Oak Brass Band performs amid the ever-evolving and always improving landscape of the Longwood Medical Area. Stoneman Park, Brigham and Women’s Hospital.

    On the cover: Shapiro Plaza at Beth Israel Deaconess Medical Center.

    MASCO Staff at the 2019 Annual Board of Directors Meeting with Board Chair Dick Argys. Jon Lundell, Office Administrator Executive Assistant to the President, CEO, and General Counsel; John Pierce, LEED Green Associate Planner, Area Planning Department; Emily Toumayan, Senior Staff Assistant; P.J. Cappadona, Vice President for Operations; Sarah Hamilton, Vice President for Area Planning and Development; Holli Roth, Vice President and Chief Financial Officer; Marilyn Swartz-Lloyd, President and Chief Executive Officer; Dick Argys, Chair, MASCO Board of Directors and Chief Administrative Officer, Boston Children’s Hospital; Norva Kennard, General Counsel; Jim Nee, Transportation Manager; Tracy Houle, Staff Assistant, Area Planning and Development; Gary DuPont, Director of Telecommunications; and Chuck Badeau, Information Technology Director.

    outside// art installation, Implantable Immuno Material Scaffold, at Countway Courtyard, Harvard Medical School.

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  • 4 MASCO FY2019 ANNUAL REPORT

    Dear Members,This year I am especially gratified to be among you who are building a moral, just, cultured, educated and healthy society in the midst of rapidly changing times and disquieting events.

    Despite the many opportunities and challenges that each of our member institutions faces, MASCO appreciates that dedicated and talented individuals in the Longwood community have volunteered to serve on our committees, where the membership is robustly represented.

    Surpassing GoalsLike all of you, MASCO staff set dynamic goals. MASCO exceeded its FY19 Budget for Income from Operations. Although we own or lease 2,300 parking spaces in the Longwood Area to support those whom public transit doesn’t serve, we strongly encourage alternative transportation methods. MASCO’s program for decreasing the cars in Longwood by helping employees find substitutions to driving solo, increased the number of registrants to over 10,000. Our shuttle bus system was on-time over 90% of the time. Eleven thousand employees are riding our buses from off-site parking lots and the commuter rail, instead of adding to congestion in the LMA. To make sure that those on the road — both bicyclists and automobile drivers — are safe for themselves and others, we encouraged learning the “Rules of the Road” with a campaign of gift cards, posters and

    social media. Over 1,800 participants representing 90% of our member institutions took the updated Karma Campaign safety quiz.

    Our telecommunications center is an important link throughout Longwood. MASCO operators have been successful in answering calls within 20 seconds 89% of the time.

    MASCO employees continue to stretch themselves with challenging goals and complex initiatives that benefit members. We have many people to thank for their help in building a community here.

    Chair’s Letter

    MASCO’s fleet of buses and shuttles has increased over the last decade to meet the needs of the ever growing student and working population of the Longwood Medical Area. With nine routes, this service helps reduce the traffic by providing reliable transportation to the area. Here Karolina Kowalska and fellow Longwood employees explore the new shuttles at the 2014 Fleet Debut.

    Dick Argys, Chair, MASCO Board of Directors and Chief Administrative Officer, Boston Children’s Hospital; Marilyn Swartz-Lloyd, President and Chief Executive Officer, MASCO.

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  • 5MASCO FY2019 ANNUAL REPORT

    Making changesAfter 15 enormously successful years, we are especially thankful for Marilyn Swartz-Lloyd, MASCO’s President and CEO, who has decided to move to her next chapter in January, 2020.

    Marilyn has made an immense contribution to MASCO and its employees. Working closely with our member institutions, she has been a tireless advocate in terms of public policy, sustainability and transportation, ownership and operations of the LMA shuttles and the telecommunications center, financial strength for the organization and, most recently, the launch of the outside// program.

    Marilyn has been a key voice on our behalf in the State House, City Hall, business centers and neighborhood organizations, consistently promoting the important role that the LMA plays as an economic power house, as well as a leader in healthcare, life sciences, education and jobs. Her leadership has been critical to assuring that our members’ concerns are addressed by public policy leaders, elected officials and regulators across the nation.

    Marilyn has brought a keen eye not only to member relations and public engagement, but also governance, operations, facilities, planning, management, marketing and communications. Her past experience in high profile roles at major nonprofit institutions, public entities and in the private sector has enabled her to benefit MASCO, our member institutions and the community at large.

    With a deeply committed MASCO staff, her vision for a greater sense of community is visible throughout the Longwood area.

    While we will certainly miss Marilyn’s visionary leadership, the organization is financially robust and ready for future opportunities, as well as challenges. The governing structure of the Board and committees is strong, member participation is active and the staff is excellent.

    On behalf of all of us, I wish Marilyn the best in her very richly deserved next stage.

    Dick Argys Chair, MASCO Board of Directors Chief Administrative Officer, Boston Children’s Hospital

    Mayor Thomas McGee, Massachusetts State Senator, 2002–2017, Speaker of the Massachusetts House of Representatives, 1995–2002; Larry Lucchino, Boston Red Sox President and CEO, 2001–2015; Richard A. Davey, Massachusetts Secretary of Transportation, 2011–2014 and General Manager of the MBTA, 2010–2011; Byron Brushing, Massachusetts House of Representatives, 1983–2019; Deval L. Patrick, Governor of Massachusetts, 2007–2015; Marilyn Swartz-Lloyd, President and Chief Executive Officer, MASCO; Charles Yancey, Boston City Council from District 4, 2010–2015; Tim Murray, Lieutenant Governor of Massachusetts, 2007–2013 at the 2010 Yawkey Stop Commuter Rail ribbon cutting.

    Dorothy Puhy, former Executive Vice President and Chief Financial Officer, Dana-Farber Cancer Institute; Stephanie Pollack, Secretary and Chief Executive Officer of the Massachusetts Department of Transportation; Marilyn Swartz-Lloyd, President and Chief Executive Officer, MASCO.

    Marilyn Swartz-Lloyd, President and Chief Executive Officer, MASCO, with Senator Elizabeth Warren, incumbent Senator from Massachusetts at the Ruggles Station opening in 2014.

    Ceila Perez, one of the Call Center operators, keeps MASCO’s members connected to their patients and customers.

  • 6 MASCO FY2019 ANNUAL REPORT

    Dear Longwood Community,Guiding a mission driven organization has been immensely rewarding, and I have been fortunate to work with wonderful people and extraordinary institutions for over 15 years. Here are some perspectives on projects and experiences at MASCO that will grow and serve us all.

    A transportation vision for LongwoodIn 2016, with our members, we created a vision for Longwood that looks to the future for pedestrians, bikes, autos, buses, trucks and emergency vehicles. The planning staff had forecast close to 7 million square feet of building development and over 13,000 additional employees. Just three years later, overcrowded transit, congested roadways and busy sidewalks continue to create conflicts. To address these needs, a centrally located Transit Hub that includes bus pull-out lanes, consolidates existing MBTA stops, provides sheltered waiting areas, increases building setbacks, accommodates bicycles, and strengthens the LMA physical identity, has been studied, evaluated and proposed by the Area Planning Department and Strategic Planning Committee to be created over 10 years as building owners design new developments.

    Reducing cars and improving access in Longwood nowThroughout the last decade a variety of major public transportation investments have been put in place as a direct result of MASCO’s advocacy. The creation of the Lansdowne Commuter Rail Station with its more than 44 service stops for employees living west of Boston was completed in 2014. For commuters south of Boston, MASCO developed the plan and helped to secure funding for a new rail platform at Ruggles Station that expands service there as well.

    Other important transportation planning improvements throughout Longwood have included new bicycle lanes, pedestrian safety enhancements, improved traffic signals, wider turning radii and street striping.

    President’s Message

    Karma Commuting was established in 2012, reflecting MASCO’s commitment to spearheading safe and sustainable modes of transportation to and from the Longwood Medical Area. This awareness campaign is just one of the many advocacy strategies MASCO has employed over the years.

    ©2019 Michael J. Lutch

    ©2018 Opus Designs

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    Special thanks to MassDOT for permission to use the campaign slogan.

    Want to win a $20 Amazon Gift Card?

    Simply visit KarmaCommuting.com, take our safety quiz and sign our pledge to be a courteous and safe commuter and you could win!

    Each month we will draw one entry to receive a $20 Amazon Gift Card to promote safe and courteous commuting in the LMA!

    Marilyn Swartz-Lloyd holding Jasmine, a “volunteer” in the outside// program.

  • 7MASCO FY2019 ANNUAL REPORT

    For seven years, “Karma Commuting”, MASCO’s area-wide safety and courtesy campaign has promoted the rules of the road and encouraged a better commuting experience for people using all modes of transportation.

    MASCO’s Wayfinding vehicle and pedestrian signs define the LMA and guide access to our institutions.

    Our Operations Department staff manages access for over 11,000 passengers on our shuttle system. This year, we entered into a new 5-year bus contract to operate MASCO’s 37 shuttles. The results will be improved customer service and keeping thousands of cars off the streets. Commuter Services folks from our member institutions and the Operating Services Committee bring to our table both seasoned experience and fresh perspectives.

    Increasing connections and supporting the communityAnother transformation has been in the telecommunications system. MASCO’s Call Center answers main line calls and administers pagers for Beth Israel Deaconess, Dana-Farber and Joslin and provides telephone answering service to 30 community health centers and 250 private medical practices. The Call Center also serves as the communication link among the LMA institutions for medical and non-medical emergencies.

    This year, we upgraded the hardware and migrated to a new software platform used for all services that manage and operate telecommunications services. Having utilized the previous software platform for over a decade, the process has taken extensive planning, design, implementation and programming, with Beth Israel Deaconess and Dana-Farber working collaboratively with us.

    Part of our customer service training in working with patients includes a Mr. Rogers video on caring. We ask operators to close their eyes and think about a person who made a difference in their lives from acts of kindness.

    Wayfinding signs dot the neighborhood, providing both directions to the complex of institutions in the area and a unifying sense of identity to the neighborhood.

    Concept for a new “Complete Street” Future Transit Hub and Mobility Plaza on Longwood Avenue.

    Dina Pinto, Manager, Call Center Operations for MASCO Services, works with an operator to keep hospitals and physician practices, neighborhood health centers and numerous colleges and businesses connected to callers 24 hours a day, 7 days a week.

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    MASCO has also played an increasingly important role in coordinating the collective efforts of the area to improve its ability to respond to crises like paralyzing winter blizzards, transportation emergencies and the marathon bombing tragedy. Over the years, we’ve increased the number of organizations and institutional staff throughout the LMA who participate in our emergency preparedness Joint Operating Center training.

    Responding to family needs of staff and students, we have also assured child care for nearly 200 youngsters per year in the Longwood Medical Area Child Care Center, founded by MASCO as a nonprofit, and through a contract with Bright Horizons at 401 Park. Continuing a tradition with another organization that MASCO incubated, we have supported the work of the Colleges of the Fenway to help implement a wide range of shared programs and initiatives.

    Every day, from MASCO’s founding in 1972, we have addressed countless emerging issues facing our members.

    Taking a breathFrom advancing change, we enter the world of slowing down and building a healthy community. Just as we have evolved with rapidly changing technology, we have also been eager to create qualitative experiences where people come together.

    Evans Way ParkDiscover what the Longwood Medical Area and surrounding neighborhoods have to offer at LongwoodArea.org.

    The Longwood Medical Area is a hectic and ever active space for those on the cutting edge of medical, research and higher education. The Longwood Medical Area Child Care Center supports the employees of the MASCO community by providing easily accessible, caring and quality childcare.

    The Longwood Medical Area is in operation 24 hours a day, 7 days a week, and complete shutdown is not an option. However, it is also in New England and New England means snow. MASCO has kept the community of students and employees, who provide care for the Boston area, safe as they access the neighborhood during the inevitable snow storms. Here MASCO coordinated plows continuously clear the streets along Longwood Ave during the snow storm of 2015.

  • 9MASCO FY2019 ANNUAL REPORT

    We have completed our third upgrade for the MASCO.org website. In addition to extensive shuttle information, our companion site, LongwoodArea.org, includes 12 walking tours throughout the LMA to enhance the student, employee, patient and visitor experience, whether the interest is an academic, cultural, scientific, medical, retail or sustainable environmental experience. This additional newly developed site, Longwoodarea.org, urges people to “Get Social” and lists places to eat, play, visit and learn.

    We have added public street furniture, seasonally colorful planters and hanging flowering baskets, and streetscape and public park improvements. Of particular note is the restoration of Evans Way Park where, in 2008, MASCO had coordinated members and abutters to raise funds for 33 new trees, replacement benches and rebuilt pathways, as well as the repair of street lights and sidewalks.

    With the Strategic Planning Committee, the Area Planning Department has developed an exceptional new experience for Longwood this year, a “placemaking” program identified as outside//. We have begun funding capital expenses for a three-year pilot at seven sites in the LMA. Member institutions fund the operating expenses. You can see examples of the spaces, programs and experiences throughout this annual report.

    An important aspect of much of what we do is build collaboration and involve many members in the creative process. We want to shape a program and places for the future for people to work, rest, rejuvenate, meditate or play here. Successful places have strong bones and will develop in organic ways.

    Every day and every year in Longwood is special, and we at MASCO are particularly fortunate to work with such significant partners. I am grateful for having spent my days with such talented and dedicated people.

    To the MASCO staff, Board and committees and all my friends and colleagues in Longwood and beyond, thank you for everything that you do for the people that you serve. As Mr. Rogers says in the Call Center’s training film, “When you care enough, you change the world.”

    Marilyn Swartz-LloydPresident and CEO

    Every day, from MASCO’s founding in 1972, we have addressed countless emerging issues facing our members.

    MASCO’s Area Planning Department began the LMA Beautification Initiative in 2008, installing planters and landscaping along Longwood Avenue. Phase two of the project began in 2012. With financial support from members, hanging baskets expanded the colorful verdure on Brookline Avenue.

    MASCO installed flashing pedestrian crosswalk signs along Longwood Avenue to protect pedestrians making their way between classes, appointments and meetings.

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  • 10 MASCO FY2019 ANNUAL REPORT

    Rapidly changing science and technology is a driving force in the Longwood area. To offset this demanding pace, we are eager to create qualitative experiences and places where people come together and refresh. An important aspect of placemaking, and actually much of what we do at MASCO, is to build collaboration and involve many members in this creative process.

    MASCO worked in conjunction with the Wyss Institute to create free outdoor art installations that nod to the area’s science research. Here a microscopic image of a butterfly’s wing is shown at the 77 Avenue Louis Pasteur site.

    MASCO contracted a variety of food trucks several days a week at different locations in the neighborhood to encourage people to take their lunches outside. Here is Countway Courtyard, Harvard Medical School.

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    Namaste! The weekly Monday and Friday afternoon yoga had everyone, literally, taking a deep breath and easing into both the work week and weekend at 77 Avenue Louis Pasteur, Harvard Medical School.

    Weekly Chess Simuls were held where members of the public could try their hand at competing with nationally ranked chess master, Marc Esserman in the Countway Courtyard, Harvard Medical School.

  • 11MASCO FY2019 ANNUAL REPORT

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    Ping Pong, board games and book carts, oh my! outside// provided many activities to encourage people to take a break and have a little fun here in Shapiro Plaza, Beth Israel Deaconess Medical Center.

    This chair is waiting for you! Smith Plaza, Dana-Farber Cancer Institute.

    For three days a week the strains of Classical, World, Blues, Soul and Jazz musicians could be heard throughout the neighborhood. Shapiro Plaza, Beth Israel Deaconess Medical Center.

    The Author and Storytellers Series occurred weekly on Tuesdays and Thursdays; authors, poets and speakers performed for audiences in Countway Courtyard, Harvard Medical School.

    Book carts were available at multiple sites with a variety of bestsellers, magazines and daily newspapers. These carts functioned as outdoor libraries where people could borrow something to read while enjoying the weather. Countway Courtyard, Harvard Medical School.

  • 12 MASCO FY2019 ANNUAL REPORT

    These pages provide an overview of MASCO’s Financial Performance for the year ending

    June 30, 2019. In addition to providing information for the most recent year, we went

    back to look at MASCO’s financial performance during Marilyn Swartz-Lloyd’s tenure at

    MASCO. The information presented captures many highlights. For a copy of MASCO’s

    audited financials for FY2019, please contact [email protected].

    2019 Financial Overview

    15% 375 Longwood Office 8%

    General Administration

    28% 375 Longwood Garage

    14% Telecommunications

    35% Parking, Transportation, Operations

    Return on Investments

    2.5%For period ending June 2019

    Debt Coverage Ratio

    4.34 timesMASCO’s lease for the shuttle buses requires a debt coverage ratio of no less than 1.00 times. MASCO has comfortably exceeded this requirement for all fiscal periods since the lease inception in FY14. Debt coverage ratio is total revenues minus total expenses divided by total debt service.

    Capital Expenditures

    $1.8 million

    Shuttle Bus Lease Liability

    $6.5 millionIn FY14, MASCO entered a lease with JP Morgan Chase Bank to provide funding for the 37 vehicle shuttle fleet. The initial amount of the lease was $13.5 million for a term of 10 years. As of the end of FY19, MASCO was more than half through the term of the lease with a balance of $6.5 million remaining. This lease is MASCO’s only outstanding debt.

    Investment Portfolio

    $43.4 million

    Net Assets

    $59.5 million

    2004 2009 2014 2019

    59.5 m47.2 m

    27 m14 m

    2004 2009 2014 2019

    13.5 m 17.2 m

    33.3 m43.4 m

    2.5% 6.4% 3.6% 6.5%

    1 Year 3 Year 5 Year 10 Year

  • 13MASCO FY2019 ANNUAL REPORT

    15 Year Financial Performance Dashboard(in thousands)

    Statement of Financial Position 2004 2009 2014 2019

    Cash and cash equivalents 2,915 4,712 2,283 3,090 Accounts receivable 866 1,086 793 888 Investments 13,464 17,224 33,317 43,385 Property and equipment, net 19,796 19,274 27,805 21,176 Other assets 1,657 1,682 1,761 2,789 Total assets 38,698 43,978 65,959 71,328

    Accounts payable and accrued expenses 1,598 1,443 1,990 1,906 Deferred revenue 1,035 759 1,544 2,571 Long term debt liability 21,409 13,901 14,690 6,460 Other liabilities 698 906 518 862 Total liabilities 24,740 17,009 18,742 11,799

    Net assets 13,958 26,969 47,217 59,529

    Total liabilities and net assets 38,698 43,978 65,959 71,328

    Statement of Activities

    Total operating revenue 25,608 33,734 30,747 34,723 Operating expenses

    Salaries and benefits 3,483 4,318 5,140 5,767 Professional and contract services 11,710 14,748 14,106 12,836 Rent, maintenance and utilities 4,819 6,810 7,091 8,299 Equipment rentals and maintenance 1,114 467 653 585 Supplies, insurance and other 613 682 869 802 Depreciation and amortization 1,193 1,896 1,153 2,861 Interest expense 1,456 753 417 187

    Total operating expenses 24,387 29,674 29,429 31,337

    Excess operating revenue over operating expenses 1,221 4,060 1,318 3,385

    Other income (expense)

    Investment Income, net of spending guideline 367 (1,513) 3,676 401

    Recovery of (provision for) taxes on income (40) (105) (15) (92)

    Loss on disposal of fixed assets - (23) (61) (6)

    Excess revenue over expenses 1,548 2,419 4,918 3,688

    2004MASCO begins advertising on buses

    2005Merck joins MASCO as first participant in new associate member program

    2005MASCO adopts Investment Policy Statement

    2006MASCO is one of the first private transit agencies to upgrade to low diesel buses

    2006MASCO launches automatic payment at the garage exit lanes for 375 LWA

    2007375 Longwood Avenue debt refinancing eliminates need for member guarantee

    201010th year of no Area Planning member assessment

    2011MASCO provides accounting services for Longwood Medical Energy Collaboration

    2014MASCO purchases bus fleet of 37 vehicles

    2014375 Longwood Avenue debt retired

    2016Spending guideline to fund Strategic Initiatives adopted 2016

    2017MASCO provides accounting sevices for BCD Hospital Collaborative

    2019MASCO launches outside// and funds start up costs

    Financial Milestones 2004 – 2019

  • 14 MASCO FY2019 ANNUAL REPORT

    BOARD OF DIRECTORS(as elected at the June 24, 2019 Annual Meeting)

    MASCOMarilyn Swartz-Lloyd, President (ex officio)

    Beth Israel Deaconess Medical Center (BIDMC)Kevin Tabb, MD, Chief Executive Officer

    Peter Healy, President

    Boston Children’s Hospital (BCH)Sandra L. Fenwick, Chief Executive Officer

    Dick Argys, Senior Vice President and Chief Administrative Officer

    Brigham and Women’s Hospital (BWH)Elizabeth G. Nabel, MD, President

    Ron M. Walls, MD, Executive Vice President and Chief Operating Officer

    Dana-Farber Cancer Institute (DFCI)Laurie H. Glimcher, MD, President and Chief Executive Officer

    James Terwilliger, Executive Vice President and Chief Operating Officer

    Emmanuel College (EC) Sister Janet Eisner, SND, President

    Thomas Hynes, Jr., Trustee

    Harvard University (HU)Lisa Muto, PhD, Executive Dean for Administration

    Isabella Stewart Gardner Museum (ISGM)Peggy Fogelman, Norma Jean Calderwood Director

    Joslin Diabetes Center (JDC)Peter Amenta, MD, PhD, President and Chief Executive Officer

    Judge Baker Children’s Center (JBCC)Robert P. Franks, PhD, President and Chief Executive Officer

    Massachusetts College of Art and Design (MCAD)David Nelson, PhD, President

    Robert Perry, Vice President of Administration and Finance

    MCPHS University (MCPHSU)Charles F. Monahan, Jr., President

    Mark Fuller, Trustee Emeriti

    Massachusetts Department of Mental Health (MDMH)Joan Mikula , Commissioner

    Simmons University (SU)Helen Drinan, President

    Temple Israel (TI)Marc Maxwell, President

    Dan Deutsch, Executive Director

    Wentworth Institute Of Technology (WIT)Mark Thompson, PhD, President

    Board and Committee Members

    The Winsor School (WS)Sarah Pelmas, PhD, Head of School

    Directors at LargeStephen P. Koster, Esq.

    Edward H. Ladd

    Meredith Weenick

    Chairman EmeritusRudman J. Ham

    MASCO GOVERNANCE COMMITTEES

    Executive CommitteeDick Argys (BCH), MASCO Chair

    Sister Janet Eisner (EC), MASCO Vice-Chair

    Peter Healy (BIDMC)

    Charles F. Monahan, Jr. (MCPHSU)

    Lisa Muto (HU)

    James Terwilliger (DFCI)

    Ron M. Walls, MD (BWH)

    Marilyn Swartz-Lloyd, MASCO President (ex officio)

    Compensation CommitteeDick Argys (BCH), MASCO Chair

    Charles F. Monahan, Jr. (MCPHSU)

    Michael Reney (DFCI)

    Finance CommitteeRick Lessard, Chair (MCPHSU)

    Eliot Lurier, Vice-Chair (JDC)

    Dick Argys (BCH), MASCO Chair

    Michael Cullan (BIDMC)

    Christopher Dunleavy (BWH)

    Edward H. Ladd (at large)

    Michael Reney (DFCI)

    Doug Vanderslice (BCH)

    Marilyn Swartz-Lloyd, MASCO President (ex officio)

    Nominating and Governance CommitteeDick Argys (BCH), MASCO Chair

    Marilyn Swartz-Lloyd, MASCO President (ex officio)

    Operating Services CommitteeWalter Armstrong, Co-Chair (BIDMC)

    Robert Totino (WIT), Co-Chair

    John Crompton (WS)

    Chris Correia (FH)

    Dan Deutsch (TI)

    Robert Dickson (HU)

    Sister Anne Donovan (EC)

    Hugh Flaherty (DFCI)

    Kitty Howard (MDMH)

    Rick Lessard (MCPHSU)

    Joan Martinez Cuerva (SU)

    Michael Melisi (JDC)

    Christina O’Keefe (JBCC)

    Robert Perry (MCAD)

    Jeff Pike (MEEI)

    George Player (BWH)

    Sharon Rose (Merck)

    Clifford Rust (ISGM)

    Henry Tomasuolo (BCH)

    Gina Vild, MASCO Guest Speaker, Chief Communications Officer for Harvard Medical School.

    Mark Fuller, MASCO Board of Directors, Trustee Emeritus, MCPHS University and Sister Janet Eisner, Vice Chair, MASCO Board of Directors and President, Emmanuel College.

    P.J. Cappadona, Vice President for Operations, MASCO and Stephen P. Koster, Esq., MASCO Board of Directors, Director at Large.

    Photos ©2019 Margaret Hastings

  • 15MASCO FY2019 ANNUAL REPORT

    Dan Beaudoin (HCSPH)

    Marilyn Swartz-Lloyd, MASCO, President (ex officio)

    Strategic Planning CommitteeMaria Megdal (DFCI), Co-Chair

    Jeremy Solomon (SC), Co-Chair

    William Burley (BIDMC)

    Dan Deutsch (TI)

    Betsy Gerlach (BIDMC)

    Wendy Gettleman (DFCI)

    Lisa Hogarty (BCH)

    Stephen Maiorisi (HU)

    Jennifer Morse (MCPHSU)

    Robert Perry (MCAD)

    Sean Philpott (EC)

    George Player (BWH)

    Sharon Rose (Merck)

    Henry Tomasuolo (BCH)

    David Wahlstrom (WIT)

    Daniel Beaudoin (HSPH)

    Clifford Rust ( ISGM) Jake Sullivan (BU)

    Marilyn Swartz-Lloyd, MASCO President (ex officio)

    MASCO OFFICERS

    President and Chief Executive OfficerMarilyn Swartz-Lloyd

    Vice President of Finance and Administration, Treasurer and Chief Financial OfficerHolli G. Roth

    ClerkJay E. Bothwick, Esq.

    Assistant ClerkNorva H. Kennard, Esq.

    MASCO ASSOCIATE MEMBERSBU Wheelock College of Education and Human Development

    Fenway Community Health Center (FH)

    Massachusetts Eye and Ear Infirmary

    Merck Research Laboratories

    MASCO EXECUTIVE STAFF

    President and Chief Executive OfficerMarilyn Swartz-Lloyd

    Vice President for OperationsP.J. Cappadona

    Vice President for Area Planning and DevelopmentSarah Hamilton

    General CounselNorva Kennard

    Vice President and Chief Financial OfficerHolli G. Roth

    Rabbi Elaine Zecher, Senior Rabbi, Temple Israel; Holli Roth, Vice President and Chief Financial Officer, MASCO; and Marc Maxwell, MASCO Board of Directors, President, Temple Israel.

    Ted Ladd, MASCO Finance Committee, Chairman Emeritus, Standish Mellon Asset Management; Peter Healy, MASCO Board of Directors, and President, Beth Israel Deaconess Medical Center; and Dr. Peter S. Amenta, MASCO Board of Directors, President and CEO, Joslin Diabetes Center.

    Dick Argys, Chair, MASCO Board of Directors and Chief Administrative Officer, Boston Children’s Hospital; Gina Vild, Guest Speaker, Chief Communications Officer for Harvard Medical School; and Marilyn Swartz-Lloyd, President and Chief Executive Officer, MASCO.

    Maria Megdal, MASCO Strategic Planning Committee Co-Chair, Senior Vice President of Operations, Dana-Farber Cancer Institute and Sarah Hamilton, Vice President for Area Planning and Development, MASCO.

    Chuck Badeau, Information Technology Director, MASCO and Jeremy Solomon, MASCO Strategic Planning Committee Co-Chair and Associate Vice President for Communications and Public Affairs, Simmons University.

    P.J. Cappadona, Vice President for Operations, MASCO and Robert Totino, MASCO Operating Services Committee Co-Chair and Vice President of Finance, Wentworth Institute of Technology.

    Photos ©2019 Margaret Hastings

  • Medical Academic and Scientific Community Organization, Inc. 375 Longwood Avenue Boston, MA 02215 MASCO.orgLongwoodArea.org @MASCOLMA facebook.com/commuteworks

    Emily Toumayan, MASCO CommunicationsNatalie MacKnight, DesignerMichael J. Lutch and Margaret Hastings, Contributing PhotographersOpus Designs, Karma Commute Campaign

    Front and back cover photos ©2019 Michael J. LutchOf an Oak Brass Band performs at Stoneham Park, Brigham and Women’s Hospital.