Commonwealth Care Alliance Inc
- Assets
- $813.5m
- Revenue
- $2.0b
- Investments
- $0.0
- Employees
- 1,889
- Location
- Boston, MA
- Founding
- 01/2005
- Data as of
- 12/2021
- EIN
- 04-3756900
Organization Overview
Commonwealth Care Alliance Inc is located in Boston, MA. The organization was established in 2005. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2021, Commonwealth Care Alliance Inc employed 1,889 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonwealth Care Alliance Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Commonwealth Care Alliance Inc generated $2.0b in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $2.0b during the year ending 12/2021. While expenses have increased by 15.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Commonwealth Care Alliance Inc has awarded 41 individual grants totaling $821,916. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMONWEALTH CARE ALLIANCE, INC.'S MISSION IS TO IMPROVE THE HEALTH AND WELL-BEING OF PEOPLE WITH SIGNIFICANT NEEDS BY INNOVATING, COORDINATING AND PROVIDING THE HIGHEST QUALITY, INDIVIDUALIZED CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMONWEALTH CARE ALLIANCE (CCA) HAS CONTRACTED WITH COMMUNITY BASED PRIMARY CARE PRACTICES THAT HAVE DEMONSTRATED EXPERIENCE SERVING ADULTS IN A MANAGED CARE NETWORK. EXAMPLES OF THESE PRIMARY CARE SITES INCLUDE AFFILIATED PHYSICIANS GROUP OF JAMAICA PLAIN, BOSTON UNIVERSITY GERIATRICS, BRIGHTWOOD HEALTH SERVICES, CAMBRIDGE HEALTH ALLIANCE, EAST BOSTON HEALTH CENTER, ELDER SERVICE PLAN OF THE NORTH SHORE, HARBOR HEALTH SERVICE, UPHAM'S CORNER HEALTH CENTER. CCA IS ONE OF THE SIX SENIOR CARE OPTION OR "SCO ORGANIZATIONS IN THE COMMONWEALTH: THE SCO PROGRAM IS A COMPREHENSIVE HEALTH PLAN THAT COVERS ALL SERVICES REIMBURSABLE UNDER A DELIVERY SYSTEM AND ITS PREFERRED NETWORK OF PROVIDERS. CCA IS ALSO ONE OF TWO ORGANIZATIONS THAT OFFERS ONE CARE TO INDIVIDUALS AGED 18 TO 64 RESIDENT IN THE COMMONWEALTH OF MASSACHUSETTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher D Palmieri President & Ceo, Director | OfficerTrustee | 15 | $1,536,295 |
Mihir Shah Treasurer & CFO | Officer | 20 | $817,643 |
Courtney Murphy Coo President Of Markets (as Of 12/13/21) | Officer | 40 | $817,180 |
Robert Macarthur Chief Medical Officer | Officer | 35 | $622,504 |
Lisa Fleming Sec. & Clerk, Chief Legal Officer | Officer | 15 | $553,260 |
Sarah Garrity Chief Marketing Officer | Officer | 40 | $519,467 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tempus Unlimited Inc Healthcare & Technology | 12/30/21 | $62,752,726 |
Northeast Arc Inc Healthcare & Technology | 12/30/21 | $42,970,675 |
Stavros Center For Independent Living Healthcare & Technology | 12/30/21 | $66,538,956 |
Public Consulting Group Inc Consulting | 12/30/21 | $7,361,963 |
Greater Springfield Senior Services Inc Healthcare & Technology | 12/30/21 | $2,918,180 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,032,668,552 |
| Investment income | $3,859,544 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $64,306 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,044,170,517 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $200,209 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $7,057,389 |
| Compensation of current officers, directors, key employees. | $7,057,389 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $107,548,241 |
| Pension plan accruals and contributions | $5,983,645 |
| Other employee benefits | $11,182,472 |
| Payroll taxes | $13,458,386 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,780,081 |
| Fees for services: Accounting | $937,480 |
| Fees for services: Lobbying | $1,709,887 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $483,541 |
| Fees for services: Other | $28,724,263 |
| Advertising and promotion | $3,524,397 |
| Office expenses | $3,376,977 |
| Information technology | $11,464,472 |
| Royalties | $0 |
| Occupancy | $8,500,503 |
| Travel | $2,647,378 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $431,583 |
| Interest | $52,279 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,097,235 |
| Insurance | $1,431,541 |
| All other expenses | $664,840 |
| Total functional expenses | $1,993,067,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,733,995 |
| Savings and temporary cash investments | $154,013 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $200,437,446 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,374,485 |
| Net Land, buildings, and equipment | $24,419,923 |
| Investments—publicly traded securities | $289,394,939 |
| Investments—other securities | $0 |
| Investments—program-related | $11,519,280 |
| Intangible assets | $0 |
| Other assets | $246,457,251 |
| Total assets | $813,491,332 |
| Accounts payable and accrued expenses | $72,081,887 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $503,796,091 |
| Total liabilities | $575,877,978 |
| Net assets without donor restrictions | $237,613,354 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $813,491,332 |
Grants Awarded
Over the last fiscal year, Commonwealth Care Alliance Inc has awarded $119,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Boston, MA PURPOSE: HOST SPONSORSHIP | $30,000 |
Providence, RI PURPOSE: HOST SPONSORSHIP | $27,000 |
DUFFY & SHANLEY PURPOSE: GRANTS TO OTHER NONPROFITS: ALZHEIMER'S ASSOCIATION PROVIDENCE WALK CORPORATE SPONSOR $1,500; ELISHA PROJECT DONATION $15,000; RI ELDER INFO PRESENTING SPONSOR $1,000; PROVIDENCE BUSINESS NEWS FALL HEALTH CARE SUMMIT SPONSORSHIP $7,000. | $24,500 |
Boston, MA PURPOSE: HOST SPONSORSHIP | $20,000 |
Needham, MA PURPOSE: HOST SPONSORSHIP | $10,000 |
Liverpool, NY PURPOSE: HOST SPONSORSHIP | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Commonwealth Care Alliance Inc has recieved totaling $458,460.
| Awarding Organization | Amount |
|---|---|
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: 79044 MAPPING CONSUMERS' HEALTHCARE JOURNEY TO ADV | $412,614 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: 79044 MAPPING CONSUMERS' HEALTHCARE JOURNEY TO ADV | $45,846 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health New England & Subsidiaries Springfield, MA | $263,944,212 | $871,340,973 |
Northeast Medical Group Inc Stratford, CT | $99,889,150 | $520,118,804 |
Amida Care Inc New York, NY | $166,110,282 | $443,931,771 |
Childrens Hospital Pediatric Associates Inc Boston, MA | $604,665,745 | $336,951,533 |
Chs Physician Partners Pc Roslyn, NY | $61,423,993 | $204,939,316 |
Tufts Medical Center Physicians Organization Inc Boston, MA | $63,599,965 | $314,022,993 |
Nuvance Health Medical Practice Ct Inc Bethel, CT | $51,472,052 | $295,023,966 |
New York Queens Medicine And Surgery Pc Flushing, NY | $27,206,982 | $238,033,722 |
St Peters Health Partners Medical Associates Pc Albany, NY | $63,947,656 | $143,209,123 |
Cambridge Health Alliance Physicians Organization Inc Malden, MA | $19,080,295 | $139,182,759 |
Department Of Medicine Medical Serv Grp At Suny Hlth Sci Ctr At Syr In Syracuse, NY | $34,959,788 | $114,730,981 |
Common Wealth Clinical Alliance Inc Boston, MA | $145,104,803 | $101,479,734 |