Iroquois Healthcare Alliance Inc
- Assets
- $2.7m
- Revenue
- $843.9k
- Investments
- $0.0
- Employees
- 12
- Location
- Clifton Park, NY
- Founding
- 11/1982
- Data as of
- 12/2023
- EIN
- 14-1633614
Organization Overview
Iroquois Healthcare Alliance Inc is located in Clifton Park, NY. The organization was established in 1982. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. As of 12/2023, Iroquois Healthcare Alliance Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iroquois Healthcare Alliance Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Iroquois Healthcare Alliance Inc generated $843.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $810.5k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SERVE AS A RESOURCE AND LEADER TO SUPPORT OUR MEMBERS AND THE COMMUNITIES THEY SERVE THROUGH ADVOCACY, EDUCATION, INFORMATION, COST-SAVING INITIATIVES AND BUSINESS SOLUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ALLIANCE REPRESENTS THE CONCERNS OF 40 TO 50 HOSPITALS AND HEALTH SYSTEMS AT THE REGIONAL, STATE AND FEDERAL LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Joyner Director | Trustee | 0.5 | $0 |
Darlene Stromstad Vice Chair | OfficerTrustee | 0.5 | $0 |
Rich Duvall Director | Trustee | 0.5 | $0 |
Robert Corona Director | Trustee | 0.5 | $0 |
Sean Fadale Chair | OfficerTrustee | 0.5 | $0 |
Paul A Milton Director | Trustee | 0.5 | $0 |
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 | $792,365 |
| Investment income | $41,674 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,869 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $843,908 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $453,551 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $173,826 |
| Pension plan accruals and contributions | $6,153 |
| Other employee benefits | $7,403 |
| Payroll taxes | $30,442 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $5,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,378 |
| Fees for services: Other | $19,341 |
| Advertising and promotion | $0 |
| Office expenses | $818 |
| Information technology | $5,477 |
| Royalties | $0 |
| Occupancy | $11,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,134 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,515 |
| All other expenses | $0 |
| Total functional expenses | $810,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,325 |
| Savings and temporary cash investments | $335,960 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $129,120 |
| 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 | $11,523 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,177,008 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,662,936 |
| Accounts payable and accrued expenses | $131,578 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $949,995 |
| 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 | $155,205 |
| Total liabilities | $1,236,778 |
| Net assets without donor restrictions | $1,426,158 |
| 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 | $2,662,936 |