Community Oncology Alliance Inc
- Assets
- $15.0m
- Revenue
- $14.2m
- Investments
- $0.0
- Employees
- 19
- Location
- Virginia Beach, VA
- Founding
- 01/2004
- Data as of
- 12/2021
- EIN
- 22-3887397
Organization Overview
Community Oncology Alliance Inc is located in Virginia Beach, VA. The organization was established in 2004. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Community Oncology Alliance Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Oncology 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 12/2021, Community Oncology Alliance Inc generated $14.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.1% each year . All expenses for the organization totaled $12.4m during the year ending 12/2021. While expenses have increased by 18.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF COMMUNITY ONCOLOGY ALLIANCE, INC. (COA) IS TO PROTECT AND FOSTER THE COMMUNITY ONCOLOGY DELIVERY SYSTEM IN THE UNITED STATES THROUGH COMMUNICATIONS, PUBLIC POLICY, ADVOCACY AND EDUCATION. THE HALLMARKS OF THE COMMUNITY ONCOLOGY DELIVERY SYSTEM ARE HIGH QUALITY, AFFORDABILITY AND ACCESSIBILITY. COMMUNITY ONCOLOGY ALLIANCE IS COMMITTED TO COLLABORATING WITH ALL ORGANIZATIONS AND ENTITIES DEDICATED TO SERVING THE NEEDS OF AMERICANS RECEIVING TREATMENT FOR CANCER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOBBIED CONGRESS FOR BALANCED REFORM TO THE REIMBURSEMENT SYSTEM FOR CHEMOTHERAPY DRUGS AND SERVICES.
NETWORKING COMMUNITY ONCOLOGY PRACTICES IN ORDER TO SHARE INFORMATION THAT HELPS THEM ENHANCE THE EFFICIENCY AND EFFECTIVENESS OF THE CANCER CARE THEY DELIVER.
DEVELOPING QUALITY ONCOLOGY PAYMENT MODELS FOR PRACTICES TO IMPLEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Theodore A Okon Executive Di | Trustee | 40 | $589,253 |
Ricky Newton Treasurer | Trustee | 40 | $347,708 |
Robert E Baird President Nc | 40 | $256,312 | |
Nicolas C Ferreyros Dir Communic | Officer | 40 | $241,952 |
Robert E Gamble Dir Strategi | 40 | $213,325 | |
Mary Kruczynski Dir Policy A | 40 | $208,678 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Consulting Inc Consulting | 12/30/21 | $3,620,000 |
Farragut Partners Llp Lobbying/rent | 12/30/21 | $352,000 |
Mccabe Message Partners Consulting | 12/30/21 | $1,010,566 |
Frederick Schnell Consultant | 12/30/21 | $268,800 |
Blank Rome Llp Legal | 12/30/21 | $379,967 |
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 | $141,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,000 |
| Total Program Service Revenue | $13,591,619 |
| Investment income | $36,823 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,203,023 |
| 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. | $1,178,913 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,751,253 |
| Pension plan accruals and contributions | $224,837 |
| Other employee benefits | $7,116 |
| Payroll taxes | $169,872 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $292,793 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $303,115 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,666,183 |
| Advertising and promotion | $5,507,724 |
| Office expenses | $34,870 |
| Information technology | $549,019 |
| Royalties | $0 |
| Occupancy | $104,635 |
| Travel | $317,666 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,860 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,645 |
| Insurance | $4,344 |
| All other expenses | $2,080 |
| Total functional expenses | $12,353,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,968,676 |
| Savings and temporary cash investments | $8,977,746 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $50,197 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,233 |
| Total assets | $15,000,852 |
| Accounts payable and accrued expenses | $1,004 |
| Grants payable | $0 |
| Deferred revenue | $3,140,000 |
| 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 | $0 |
| Total liabilities | $3,141,004 |
| Net assets without donor restrictions | $0 |
| 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 | $11,859,848 |
| Total liabilities and net assets/fund balances | $15,000,852 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Psychiatric Association Washington, DC | $179,554,491 | $53,525,834 |
Srcco Inc Durham, NC | $42,497,453 | $49,465,239 |
Mexican Haas Avocado Importers Association Fallston, MD | $10,238,623 | $43,648,629 |
Certified Financial Planner Board Of Standards Inc Washington, DC | $72,477,411 | $49,028,168 |
Guaranty Association Benefits Company Washington, DC | $1,687,230,547 | $54,247,522 |
American Trucking Associations Inc Washington, DC | $115,646,374 | $45,819,466 |
Entertainment Software Association Washington, DC | $37,670,266 | $39,894,859 |
Fs-Isac Inc Reston, VA | $27,418,346 | $31,957,295 |
National Business Aviation Association Inc Washington, DC | $41,505,986 | $35,013,449 |
National Association Of Convenience Stores Inc Alexandria, VA | $81,131,547 | $56,800,862 |
Corporation For Travel Promotion Washington, DC | $155,155,340 | $50,300,586 |
Alliance For Automotive Innovation Washington, DC | $16,322,930 | $27,313,596 |