Health Tech Alley
- Assets
- $79.7k
- Revenue
- $697.5k
- Investments
- $0.0
- Employees
- 3
- Location
- Columbia, MD
- Founding
- Data as of
- 12/2022
- EIN
- 85-3265038
Organization Overview
Health Tech Alley is located in Columbia, MD. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 12/2022, Health Tech Alley employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Tech Alley 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 12/2022, Health Tech Alley generated $697.5k in total revenue. All expenses for the organization totaled $655.3k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HEALTH TECH ALLEY, INC.'S (HTA) MISSION IS TO ENABLE SOLUTIONS AND SERVICES TO MEDICALLY UNDERSERVED COMMUNITIES AND THE ORGANIZATIONS THAT SERVE THEM. HTA HAS THE PARTICULAR INTENT TO CATALYZE ECONOMIC MOBILITY FOR UNDERESTIMATED POPULATIONS AND COMMUNITIES OF COLOR, ADDRESS WORKFORCE BARRIERS, AND ADVOCATE FOR SOLUTIONS THAT ADDRESS SOCIAL DETERMINANTS OF HEALTH (SDOH).
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH TECH ALLEY COMPLETED THE DELIVERY OF THE SPRINT CHALLENGE GRANT, AN AWARD FROM THE US FEDERAL EDA OFFICE OF INNOVATION AND ENTREPRENEURSHIP. HTA WAS SUBSEQUENTLY AWARDED TWO ADDITIONAL GRANTS FROM THE STATE OF MARYLAND DEPARTMENT OF LABOR. HTA SPRINT CHALLENGE INCLUDED DEVELOPMENT OF A SPRINT PARTNER-CUSTOMER COLLABORATIVE ROSTER OF 25+ ORGANIZATIONS THAT SPAN PROGRAMMING ACROSS HEALTH TECHNOLOGY IMPLEMENTATION, WORKFORCE DEVELOPMENT, ENTREPRENEURSHIP AND INNOVATION OPPORTUNITIES FOR WOMEN AND COMMUNITIES OF COLOR. AND THE DEVELOPMENT OF A PORTFOLIO OF ELEVEN (11) COMMUNITY ENGAGEMENT INITIATIVES (CEIS), WITH ONE INITIATIVE COMPRISED OF FIVE ADDITIONAL MICRO TECH-EQUITY PROJECTS LED BY HBCU STUDENT FELLOWS AT MORGAN STATE, BOWIE STATE AND HOWARD UNIVERSITY.
PROVIDED KEY TECHNICAL AND OPERATIONAL IMPLEMENTATION ACTIVITIES, SUCH AS TELEHEALTH PRACTICES, ELECTRONIC HEALTH RECORD MANAGEMENT, DIGITAL HEALTH LITERACY, ETC., AND ADDRESS FRONT LINE HEALTH ORGANIZATION'S RESOURCE GAPS. A DIRECT OUTCOME IS ENABLING SMALLER PROVIDERS TO OPERATE MORE EFFECTIVELY AND EFFICIENTLY IN PROVIDING CRITICAL HEALTHCARE SERVICES TO UNDER-RESOURCED COMMUNITIES. THIS INCLUDED ENGAGEMENTS WITH WHITMAN-WALKER HEALTH, GRASSROOTS CRISIS INTERVENTION, VOLUNTEERS OF AMERICA CHESAPEAKE, MEDCHI, MARYLAND'S PHYSICIAN-BASED STATE ADVOCACY SOCIETY. ENGAGED ORGANIZATIONS WITH A REACH INTO THE COMMUNITY THAT SPANS OVER 200,000 MEMBERS, CLIENTS, AND PARTNERS.
85% OF THOSE WE DIRECTLY ENGAGED FOR SERVICES TO ENABLE OUR PROGRAMMING WERE WOMEN AND PEOPLE OF COLOR INCLUDING MORE THAN A DOZEN ENTREPRENEURS, HELPING BRING THEIR IDEAS AND INNOVATIVE SOLUTIONS TO THE MARKETPLACE. DEVELOPED INNOVATIVE HEALTHCARE CAREER FUNDAMENTALS PROGRAMMING IN PARTNERSHIP WITH UNIVERSITY OF MARYLAND MEDICAL CENTER, DRUID HEIGHTS CDC, AND THE UNIVERSITY OF MARYLAND CEC, PASS IT ON AND HOWARD COMMUNITY COLLEGE. 200 TOTAL PARTICIPANTS ACROSS TRAINING AND EDUCATION PROGRAMS WITH DOZENS OF FOUNDER-ENTREPRENEURS SERVED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Miller President | OfficerTrustee | 30 | $130,000 |
Rob Zimmerman Controller | OfficerTrustee | 15 | $65,000 |
Arti Varanasi Secretary | OfficerTrustee | 15 | $65,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $697,524 |
| 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 | $697,524 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $697,524 |
| 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. | $260,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,024 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,960 |
| Fees for services: Accounting | $10,688 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $271,375 |
| Advertising and promotion | $0 |
| Office expenses | $442 |
| Information technology | $43,675 |
| Royalties | $0 |
| Occupancy | $12,775 |
| Travel | $6,165 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $161 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $250 |
| Total functional expenses | $655,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,729 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $79,729 |
| Accounts payable and accrued expenses | $16,423 |
| 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 | $0 |
| Total liabilities | $16,423 |
| Net assets without donor restrictions | $63,306 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $79,729 |