Healthcare Industry Resilience Collaborative Assn
- Assets
- $683.4k
- Revenue
- $462.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Rochester, MN
- Founding
- Data as of
- 12/2022
- EIN
- 87-3934206
Organization Overview
Healthcare Industry Resilience Collaborative Assn is located in Rochester, MN. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 12/2022, Healthcare Industry Resilience Collaborative Assn employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthcare Industry Resilience Collaborative Assn is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE COMMON BUSINESS AND PROFESSIONAL INTERESTS OF ITS MEMBERS, AND IN THIS REGARD TO INCREASE RESILIENCY OF CRITICAL HEALTHCARE SUPPLY CHAINS THROUGH INDUSTRY ENGAGEMENT, BEST PRACTICES, AND COOPERATIVE EFFORTS OF HEALTH CARE PROVIDERS AND SUPPLIERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OBJECTIVE IS TO CREATE INDUSTRY LEVEL STANDARDIZED FRAMEWORKS WHICH DEFINE, MEASURE, AND ELEVATE RESILIENCY IN HEALTHCARE SUPPLY CHAINS. RESILIENCY IS THE ABILITY OF A VENDOR TO PROVIDE CONSISTENT FLOW OF MEDICAL MATERIALS NECESSARY FOR PATIENT CARE. APPROACH INCLUDES INCREASING TRANSPARENCY AND TRUST IN HEALTHCARE SUPPLY RELATIONSHIPS. LONGER TERM, HIRC WILL ROLL OUT A FORMAL ASSESSMENT PROGRAM VIA THIRD-PARTY AUDIT TO VALIDATE SUPPLIER RESILIENCY MATURITY AND THUS INCREASE RELIABLE ACCESS TO MEDICAL MATERIALS IN THE UNITED STATES AND BEYOND.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Harvieux Chair | OfficerTrustee | 1 | $0 |
Katie Dean Chair Elect | OfficerTrustee | 1 | $0 |
Bill Selles Past Chair | OfficerTrustee | 1 | $0 |
Joe Robinson Treasurer | OfficerTrustee | 1 | $0 |
Ruben Colon Secretary | OfficerTrustee | 1 | $0 |
Pete Bennett Director | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $462,500 |
| Investment income | $234 |
| 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 | $462,734 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $352,895 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $425 |
| Payroll taxes | $3,431 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,050 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $751 |
| Advertising and promotion | $25,996 |
| Office expenses | $13,096 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,945 |
| 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 | $0 |
| Insurance | $4,575 |
| All other expenses | $0 |
| Total functional expenses | $438,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,753 |
| Savings and temporary cash investments | $214,143 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $364,500 |
| 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 | $683,396 |
| Accounts payable and accrued expenses | $3,826 |
| Grants payable | $0 |
| Deferred revenue | $630,000 |
| 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 | $633,826 |
| Net assets without donor restrictions | $49,570 |
| 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 | $683,396 |