Health Care Cost Management Corporation Of Alaska is located in Anchorage, AK. The organization was established in 1998. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Health Care Cost Management Corporation Of Alaska employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Care Cost Management Corporation Of Alaska is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Health Care Cost Management Corporation Of Alaska generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO BENEFIT MEMBER HEALTH PLANS BY NEGOTIATING DISCOUNTS WITH HEALTH CARE PROVIDERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO NEGOTIATE DISCOUNTS WITH HEALTH CARE PROVIDERS TO BENEFIT MEMBERS HEALTH PLANS.
TO NEGOTIATE DISCOUNTS WITH HEALTH CARE PROVIDERS TO BENEFIT MEMBERS HEALTH PLANS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fred Brown Executive Di | $180,000 | ||
Jordan Adams Vice Preside | OfficerTrustee | $0 | |
Trey Bland Secretary | OfficerTrustee | $0 | |
Joey Merrick President | OfficerTrustee | $0 | |
Michael Williams Treasurer | OfficerTrustee | $0 | |
Larry Bell Member At La | Trustee | $0 |
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 | $2,255,988 |
Investment income | $9,458 |
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 | $2,379,846 |
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 | $220,070 |
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 | $278,189 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $20,981 |
Fees for services: Management | $0 |
Fees for services: Legal | $129,425 |
Fees for services: Accounting | $10,400 |
Fees for services: Lobbying | $60,250 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $337,470 |
Advertising and promotion | $6,684 |
Office expenses | $25,536 |
Information technology | $12,658 |
Royalties | $0 |
Occupancy | $2,014 |
Travel | $15,756 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,287 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $71,677 |
Insurance | $27,982 |
All other expenses | $0 |
Total functional expenses | $1,231,379 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,355,327 |
Savings and temporary cash investments | $3,503,430 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $623,459 |
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 | $14,639 |
Net Land, buildings, and equipment | $597,335 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,094,190 |
Accounts payable and accrued expenses | $147,245 |
Grants payable | $0 |
Deferred revenue | $486,994 |
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 | $634,239 |
Net assets without donor restrictions | $6,459,951 |
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 | $7,094,190 |
Organization Name | Assets | Revenue |
---|---|---|
Rural Development Institute Seattle, WA | $11,331,438 | $8,951,974 |
Washington Nonprofits Seattle, WA | $1,112,441 | $1,929,082 |
Health Care Cost Management Corporation Of Alaska Anchorage, AK | $7,094,190 | $2,379,846 |
Resource Development Council For Alaska Inc Anchorage, AK | $655,221 | $734,625 |
Northwest Biosolids Gig Harbor, WA | $557,576 | $469,249 |
Central Area Collaborative Seattle, WA | $334,585 | $544,958 |
Mount Adams Chamber Of Commerce White Salmon, WA | $79,670 | $0 |
Alaska Charr Educational Fund Inc Anchorage, AK | $220,522 | $0 |
Dayton Development Task Force Dayton, WA | $291,724 | $0 |
Institute For Supply Management Alaska Anchorage, AK | $0 | $0 |
Every Voice Engaged Foundation Seattle, WA | $26,509 | $0 |
Institute Of Management Accountants Inc Benton City, WA | $40,857 | $0 |