Yankee Alliance Inc
- Assets
- $3.3m
- Revenue
- $41.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Andover, MA
- Founding
- 11/1984
- Data as of
- 09/2023
- EIN
- 22-2561879
Organization Overview
Yankee Alliance Inc is located in Andover, MA. The organization was established in 1984. According to its NTEE Classification (E03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yankee 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 09/2023, Yankee Alliance Inc generated $41.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (38.2%) each year. All expenses for the organization totaled $224.9k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Yankee Alliance Inc has awarded 48 individual grants totaling $8,207,001. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH, DEVELOP AND MAINTAIN JOINT VENTURE, BEST PRACTICE APPLICATIONS AND KNOWLEDGE TRANSFER INITIATIVES. THE CURRENT MEMBERSHIP OF OVER 50 ACUTE CARE HOSPITALS AND THOUSANDS OF ALTERNATE SITE FACILITIES BENEFIT FROM BEST-PRACTICE APPLICATIONS AND KNOWLEDGE TRANSFER INITIATIVES GENERATED THROUGH THE COLLABORATIVE PROCESS YANKEE HAS DEVELOPED OVER THE PAST TWO AND ONE HALF DECADES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Grubbs Chairman & Treasurer | 0.3 | $0 | |
Darlene Rodowicz Vice Chairman | 0.3 | $0 | |
Susan Green Director | 0.3 | $0 | |
Rayford Kruger Director | 0.3 | $0 | |
Joseph White Past Chairman | 0.3 | $0 | |
Larry Kaufman Ceo/president | 0.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $35,098 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $194,391 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,709 |
| Total Revenue | $41,807 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $555 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,702 |
| Total operating and administrative expenses | $76,899 |
| Contributions, gifts, grants paid | $148,000 |
| Total expenses and disbursements | $224,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,746,976 |
| Net Accounts receivable | $246,518 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $7,388 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,316,543 |
| Total assets | $3,317,425 |
| Accounts payable and accrued expenses | $87,282 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $31,489 |
| Total liabilities | $118,771 |
Grants Awarded
Over the last fiscal year, Yankee Alliance Inc has awarded $148,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BERKSHIRE HEALTH SYSTEMS PURPOSE: SUPPLYVIEW | $37,000 |
LOWELL GENERAL HOSPITAL PURPOSE: SUPPLYVIEW | $37,000 |
COVENANT HEALTH PURPOSE: SUPPLYVIEW | $37,000 |
SOUTHCOAST HOSPITALS GROUP INC PURPOSE: SUPPLYVIEW | $37,000 |