The Health Care Cost Containment Corporation Of Metropolitan
- Assets
- $497.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Columbia, MD
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 52-1705582
Organization Overview
The Health Care Cost Containment Corporation Of Metropolitan is located in Columbia, MD. The organization was established in 1994. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), 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. Health Care Cost Containment Corporation Of Metropolitan is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Health Care Cost Containment Corporation Of Metropolitan generated $85.3k 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 (5.8%) each year. All expenses for the organization totaled $66.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DURING THE YEAR ENDED 12/31/22, THE CORPORATION SUPPORTED AND ASSISTED THE EFFORTS OF EMPLOYEE BENEFIT PLANS BY ESTABLISHING AND MAINTAINING A SYSTEM OF COST EFFECTIVE HEALTH COVERAGE FOR EMPLOYEE HEALTH BENEFIT PLANS AND PROVIDING FOR EDUCATION IN CONNECTION WITH HEALTH CARE COST AND THE REDUCTION THEREOF. THIS IS ESSENTIALLY THE ONLY PROGRAM SERVICE OF THE ORGANIZATION AND ALL OF THE REVENUES AND EXPENSES ARE CONSIDERED TO BE FOR THIS PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Vandyke President | 1 | $0 | |
Jt Thomas Vice President | 1 | $0 | |
James A Dailey Treasurer | 1 | $0 | |
Mark Federici Member At Large | 1 | $0 | |
Scott Garvin Secretary | 1 | $0 | |
Brittany Martin Executive Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $82,643 |
| Membership dues | $0 |
| Investment income | $2,704 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,347 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $33,350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $20 |
| Other expenses | $32,868 |
| Total expenses | $66,238 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $470,636 |
| Other assets | $0 |
| Total assets | $497,333 |
| Total liabilities | $4,756 |
| Net assets or fund balances | $492,577 |