Partners Cooperative Inc
- Assets
- $33.9m
- Revenue
- $60.6m
- Investments
- $0.0
- Employees
- 18
- Location
- Atlanta, GA
- Founding
- 01/2004
- Data as of
- 12/2022
- EIN
- 16-1644265
Organization Overview
Partners Cooperative Inc is located in Atlanta, GA. The organization was established in 2004. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2022, Partners Cooperative Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners Cooperative 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 12/2022, Partners Cooperative Inc generated $60.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $60.6m during the year ending 12/2022. While expenses have increased by 14.4% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
NEGOTIATE PURCHASE CONTRACTS WITH SUPPLIERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEGOTIATE PURCHASE CONTRACTS WITH SUPPLIERS AND DISTRIBUTE MARGIN TO MEMBERS BASED ON PATRONAGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Holley Director | Trustee | 1 | $0 |
Alec King Director | Trustee | 1 | $0 |
Amy Crouch Director | Trustee | 1 | $0 |
Anthony Uy Director | Trustee | 1 | $0 |
Benny Stover Director | Trustee | 1 | $0 |
Brad Pouders Director | Trustee | 1 | $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 | $60,575,980 |
| Investment income | $607 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $70 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $60,576,657 |
| 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 | $55,013,642 |
| Compensation of current officers, directors, key employees. | $1,895,822 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,513,416 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $928,007 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $108,777 |
| Fees for services: Accounting | $49,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $199,497 |
| Advertising and promotion | $0 |
| Office expenses | $82,907 |
| Information technology | $225,715 |
| Royalties | $0 |
| Occupancy | $205,386 |
| Travel | $27,893 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,607 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,942 |
| Insurance | $137,984 |
| All other expenses | $0 |
| Total functional expenses | $60,576,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,712,425 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,534,776 |
| 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 | $55,447 |
| Net Land, buildings, and equipment | $126,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,451,686 |
| Total assets | $33,881,134 |
| Accounts payable and accrued expenses | $1,203,006 |
| 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 | $31,934,220 |
| Total liabilities | $33,137,226 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $743,908 |
| 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 | $33,881,134 |