Alphanet Inc

Organization Overview

Alphanet Inc is located in Coral Gables, FL. The organization was established in 1998. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 06/2022, Alphanet Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alphanet 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 06/2022, Alphanet Inc generated $15.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $12.2m during the year ending 06/2022. While expenses have increased by 2.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ALPHANET PROVIDES HEALTH MANAGEMENT SERVICES TO THOSE DIAGNOSED WITH ALPHA1 ANTITRYPSIN DEFICIENCY AND CONTRIBUTES TO ALPHA1 RESEARCH

Describe the Organization's Program Activity:

Part 3 - Line 4a

ALPHANET SERVICES: ALPHANET IS AN INNOVATIVE 501(C)(3) HEALTH MANAGEMENT COMPANY DEDICATED TO IMPROVING THE LIVES OF PERSONS WITH ALPHA-1 ANTITRYPSIN DEFICIENCY ("ALPHA-1"). ALPHANET EMPLOYS 36 INDIVIDUALS WITH ALPHA-1 TO PROVIDE INFUSION AND HEALTH MANAGEMENT SERVICES TO OVER 7,000 OTHER ALPHAS. ALPHANET SPONSORS AND CONDUCTS ALPHA-1 RELATED CLINICAL TRIALS, PROVIDES ACCREDITED NURSING EDUCATION PROGRAMS AND, THROUGH ITS MEDICAL TEAM, PUBLISHES THE MOST COMPREHENSIVE GUIDE AVAILABLE FOR LIVING WITH ALPHA-1.


ALPHA-1 FOUNDATION: ALPHANET PROVIDES GRANTS TO ALPHA-1 FOUNDATION, A 501(C)(3) ORGANIZATION, TO SUPPORT DETECTION OF ALPHA-1 AFFECTED PERSONS, RESEARCH FOR IMPROVED THERAPIES AND A CURE FOR ALPHA-1 ANTITRYPSIN DEFICIENCY.


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Board, Officers & Key Employees

Name (title)Compensation
Teresa A Kitchen
Clinical Nurse Manager
$100,595
Mark B Delvaux
President And CEO
$0
Miekeleen D Hart
Vice Chair
$0
Robert A Sandhaus
Medical Dir And Evp
$0
Grant Wood
Secretary
$0
Robert L Greene Jr
Chairman
$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$1,120,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,120,000
Total Program Service Revenue$12,201,096
Investment income $460,657
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $148,107
Net Gain/Loss on Asset Sales $1,218,751
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,148,611

Grants Awarded

Over the last fiscal year, Alphanet Inc has awarded $6,950,000 in support to 2 organizations.

Grant RecipientAmount

DISEASE MANAGEMENT NETWORK

Org PageRecipient Profile

Coral Gables, FL

PURPOSE: Unrestricted

$4,200,000

ALPHA-1 FOUNDATION INC

Org PageRecipient Profile

Miami, FL

PURPOSE: Unrestricted

$2,750,000
View Grant Profile

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