Community Care Cooperative Inc
- Assets
- $59.0m
- Revenue
- $48.0m
- Investments
- $0.0
- Employees
- 102
- Location
- Boston, MA
- Founding
- 03/2017
- Data as of
- 12/2021
- EIN
- 81-3005904
Organization Overview
Community Care Cooperative Inc is located in Boston, MA. The organization was established in 2017. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 12/2021, Community Care Cooperative Inc employed 102 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Care Cooperative 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 12/2021, Community Care Cooperative Inc generated $48.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 35.9% each year . All expenses for the organization totaled $35.4m during the year ending 12/2021. While expenses have increased by 31.0% 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.
Since 2017, Community Care Cooperative Inc has awarded 67 individual grants totaling $33,314,256. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
C3'S MISSION IS TO LEVERAGE THE COLLECTIVE STRENGTHS OF FEDERALLY QUALIFIED HEALTH CENTERS (FQHC) TO IMPROVE THE HEALTH AND WELLNESS OF THE PEOPLE WE SERVE. WE ARE A 501(C)(3) ACCOUNTABLE CARE ORGANIZATION (ACO) GOVERNED BY FQHCS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
C3 STARTED A FULL, FIVE-YEAR MASSHEALTH (MASSACHUSETTS MEDICAID) ACO PROGRAM ON MARCH 1, 2018. THE ACO IS MADE UP ENTIRELY OF 18 FEDERALLY QUALIFIED HEALTH CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Severin President & CEO | OfficerTrustee | 40 | $465,562 |
Matthew Mullaney Chief Finance And Strategy Officer | Officer | 40 | $300,426 |
Kristopher Dacosta Chief Pharmacy Officer | 40 | $239,700 | |
Julita Mir Cmo | 32 | $231,920 | |
Deborah Yolin Chief Of Clinical Performance | 40 | $167,692 | |
Amy Travers Director Of Medical Economics And Perf. Analytics | 40 | $164,111 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arcadia Solutions Llc Population Health Services | 12/30/21 | $1,244,083 |
Risk Strategies Insurance Broker | 12/30/21 | $664,472 |
Milliman Actuarial Services | 12/30/21 | $388,367 |
Insource Services Inc It, Hr, Recruiting, And Financial Servic | 12/30/21 | $438,664 |
Rockhill Management Property Management Services | 12/30/21 | $601,329 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,493,166 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,081,856 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,575,022 |
| Total Program Service Revenue | $24,067,712 |
| Investment income | $370,400 |
| 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 | $48,013,134 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,257,234 |
| 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. | $817,688 |
| Compensation of current officers, directors, key employees. | $235,949 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,213,992 |
| Pension plan accruals and contributions | $204,575 |
| Other employee benefits | $586,142 |
| Payroll taxes | $578,749 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $598,926 |
| Fees for services: Accounting | $23,500 |
| Fees for services: Lobbying | $72,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,859 |
| Fees for services: Other | $2,693,044 |
| Advertising and promotion | $0 |
| Office expenses | $81,307 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $547,829 |
| Travel | $9,373 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,682 |
| Insurance | $399,773 |
| All other expenses | $274,302 |
| Total functional expenses | $35,429,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,593,189 |
| Savings and temporary cash investments | $31,925,346 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $428,290 |
| 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 | $1,973,987 |
| Net Land, buildings, and equipment | $991,886 |
| Investments—publicly traded securities | $21,045,207 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $58,957,905 |
| Accounts payable and accrued expenses | $5,218,978 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $336,431 |
| Total liabilities | $5,555,409 |
| Net assets without donor restrictions | $46,426,342 |
| Net assets with donor restrictions | $6,976,154 |
| 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 | $58,957,905 |
Grants Awarded
Over the last fiscal year, Community Care Cooperative Inc has awarded $10,202,784 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
East Boston, MA PURPOSE: DSRIP - ACO MODEL MANAGEMENT | $1,694,824 |
Worcester, MA PURPOSE: DSRIP - ACO MODEL MANAGEMENT | $1,475,178 |
Lynn, MA PURPOSE: DSRIP - ACO MODEL MANAGEMENT | $1,332,629 |
Brockton, MA PURPOSE: DSRIP - ACO MODEL MANAGEMENT | $1,283,401 |
Worcester, MA PURPOSE: DSRIP - ACO MODEL MANAGEMENT | $933,768 |
Holyoke, MA PURPOSE: DSRIP - ACO MODEL MANAGEMENT | $917,330 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Community Care Cooperative Inc has recieved totaling $1,737,660.
| Awarding Organization | Amount |
|---|---|
Gordon E And Betty I Moore Foundation Palo Alto, CA PURPOSE: IN SUPPORT OF THE IMPLEMENTATION OF A REMOTE PATIENT MONITORING PROGRAM SUPPORTED BY TELEHEALTH NAVIGATORS AT TWO FEDERALLY QUALIFIED HEALTH CENTERS (FQHCS). | $878,000 |
Klarman Family Foundation Boston, MA PURPOSE: GOOD PHILANTHROPIC CITIZEN AND COMMUNITY GRANTS: TO SUPPORT BUILDING TELEHEALTH CAPACITY ACROSS COMMUNITY HEALTH CENTERS FOR FISCAL YEARS 2021 AND 2022 | $250,000 |
Klarman Family Foundation Boston, MA PURPOSE: GOOD PHILANTHROPIC CITIZEN AND COMMUNITY GRANTS: TO SUPPORT BUILDING TELEHEALTH CAPACITY ACROSS COMMUNITY HEALTH CENTERS FOR FISCAL YEARS 2021 AND 2022 | $250,000 |
Essex County Community Foundation Incorporated Danvers, MA | | $226,660 |
Rx Foundation Hadley, MA PURPOSE: SUPPORTING OPERATIONALIZING PHASE OF ROADMAP TO INTEGRATED PRIMARY CARE HOME. | $133,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Department Of Medicine Medical Serv Grp At Suny Hlth Sci Ctr At Syr In Syracuse, NY | $34,959,788 | $114,730,981 |
Common Wealth Clinical Alliance Inc Boston, MA | $145,104,803 | $101,479,734 |
Brown Medicine Providence, RI | $89,415,313 | $97,515,476 |
Berkshire Faculty Services Inc Pittsfield, MA | $16,167,156 | $58,402,270 |
Sturdy Memorial Associates Inc Attleboro, MA | $19,705,224 | $68,098,558 |
Hallmark Health Medical Associates Inc Medford, MA | $10,734,913 | $53,080,416 |
Brown Emergency Medicine Providence, RI | $33,521,686 | $72,293,129 |
University Orthopaedic Services Inc Cheektowaga, NY | $19,231,150 | $67,345,608 |
Natchaug Hospital Inc Mansfield Center, CT | $22,707,935 | $46,468,531 |
Uphams Corner Health Committee Inc Dorchester, MA | $23,283,775 | $48,958,688 |
Faculty Practice Foundation Inc Boston, MA | $98,365,059 | $45,984,440 |
University Surgical Associates Inc Rumford, RI | $57,102,663 | $42,930,028 |