Capital Link Inc
- Assets
- $2.6m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 21
- Location
- Boston, MA
- Founding
- 03/1992
- Data as of
- 06/2021
- EIN
- 52-1593251
Organization Overview
Capital Link Inc is located in Boston, MA. The organization was established in 1992. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 06/2021, Capital Link Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Capital Link 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 06/2021, Capital Link Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $3.2m during the year ending 06/2021. While expenses have increased by 1.0% per year over the past 6 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
CAPITAL LINK IS A NATIONAL NONPROFIT ORGANIZATION THAT PROVIDES HIGH-QUALITY, AFFORDABLE, INNOVATIVE ADVISORY SERVICES RELATED TO PLANNING AND FINANCING CAPITAL PROJECTS FOR NONPROFIT COMMUNITY HEALTH CENTERS TO SUPPORT AND EXPAND COMMUNITY-BASED HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPITAL LINK IS DEDICATED TO STRENGTHENING AND EXPANDING HIGH-QUALITY, COMMUNITY-BASED HEALTH CARE IN A RAPIDLY CHANGING MARKETPLACE. WE HELP HEALTH CENTERS GROW BY PROVIDING:- INDUSTRY VISION AND LEADERSHIP IN THE DEVELOPMENT OF CAPITALIZATION STRATEGIES FOR FACILITIES AND OPERATIONAL EXPANSION;- METRICS AND ANALYTICAL SERVICES FOR MEASURING HEALTH CENTER IMPACT, EVALUATING FINANCIAL AND OPERATING TRENDS AND PROMOTING PERFORMANCE IMPROVEMENT;- DIRECT ASSISTANCE TO HEALTH CENTERS AND COMPLEMENTARY NONPROFITS IN PLANNING AND FINANCING OPERATIONAL GROWTH AND CAPITAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Coleman CEO | Officer | 26 | $413,075 |
Susan Petrie COO | Officer | 30 | $262,907 |
Jonathan Chapman Chief Project Officer | 35 | $176,953 | |
Brandon Boyle Director Of Loan Programs | 0 | $172,168 | |
Jennifer A Saber Director Of Data And Analysis | 32 | $152,099 | |
Lorenda H Hanieva Finance Director | 16 | $136,274 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Healthmetrics Program Consulting | 6/29/17 | $136,153 |
Massachusetts League Of Community Health It And Admin | 6/29/17 | $118,419 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $129,000 |
| Government grants | $1,818,877 |
| 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 | $1,947,877 |
| Total Program Service Revenue | $1,691,128 |
| Investment income | $8,680 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$188 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,653,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $123,584 |
| 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. | $758,507 |
| Compensation of current officers, directors, key employees. | $266,785 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,300,429 |
| Pension plan accruals and contributions | $233,095 |
| Other employee benefits | $78,247 |
| Payroll taxes | $186,527 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $609 |
| Fees for services: Accounting | $18,273 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,004 |
| Fees for services: Other | $47,621 |
| Advertising and promotion | $26,726 |
| Office expenses | $43,182 |
| Information technology | $73,805 |
| Royalties | $0 |
| Occupancy | $158,977 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,673 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,436 |
| Insurance | $28,896 |
| All other expenses | $0 |
| Total functional expenses | $3,159,002 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $244,836 |
| Savings and temporary cash investments | $1,348,597 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $463,228 |
| 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 | $19,705 |
| Net Land, buildings, and equipment | $17,602 |
| Investments—publicly traded securities | $485,476 |
| Investments—other securities | $0 |
| Investments—program-related | $6,602 |
| Intangible assets | $0 |
| Other assets | $36,472 |
| Total assets | $2,622,518 |
| Accounts payable and accrued expenses | $1,172,481 |
| Grants payable | $0 |
| Deferred revenue | $127,842 |
| 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 | $1,300,323 |
| Net assets without donor restrictions | $1,131,863 |
| Net assets with donor restrictions | $190,332 |
| 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 | $2,622,518 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Capital Link Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
Cedars-Sinai Medical Center Los Angeles, CA PURPOSE: TRAINING AND EDUCATION GRANT | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Newport Hospital Foundation Inc Newport, RI | $132,285,695 | $13,877,816 |
Hudson East River Systems Llc New York, NY | $9,323,421,475 | $81,815,633 |
The Childrens Health Fund New York, NY | $7,589,617 | $9,406,757 |
Bronxcare Health Integrated Services System Inc Bronx, NY | $2,917,349 | $9,136,103 |
Tufts Health Plan Foundation Inc Canton, MA | $128,427,090 | $19,685,263 |
New York Hospital Cornell Medical Center Fund Inc New York, NY | $237,549,829 | $20,911,565 |
Northeast Health Foundation Inc Albany, NY | $23,246,961 | $6,972,947 |
New York Foundling Charitable Corporation New York, NY | $0 | $3,656,772 |
Al Sigl Center For Rehabilitation Agencies Inc Rochester, NY | $54,423,589 | $5,794,950 |
St Anns Foundation Inc Rochester, NY | $59,915,340 | $4,860,702 |
Templeton Foundation Cooperstown, NY | $47,757,464 | $7,194,400 |
Israel Healthcare Foundation New York, NY | $6,879,692 | $6,486,334 |