Cambridge Health Alliance Foundation Inc

Organization Overview

Cambridge Health Alliance Foundation Inc is located in Malden, MA. The organization was established in 2002. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cambridge Health Alliance Foundation 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 06/2020, Cambridge Health Alliance Foundation Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $886.1k during the year ending 06/2020. While expenses have increased by 2.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

FUNDRAISING SUPPORT FOR THE CAMBRIDGE HEALTH ALLIANCE AND ALL RELATED ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CAMBRIDGE HEALTH ALLIANCE FOUNDATION, INC. (THE "ORGANIZATION") IS THE WHOLLY OWNED FUNDRAISING SUBSIDIARY AND A SUPPORTING ORGANIZATION OF CAMBRIDGE PUBLIC HEALTH COMMISSION D/B/A CAMBRIDGE HEALTH ALLIANCE ("CHA"), A PUBLIC HEALTHCARE SYSTEM WHOSE MISSION IS TO IMPROVE THE HEALTH OF OUR COMMUNITIES. THE ORGANIZATION RAISES FUNDS TO SUPPORT CHA'S PROGRAMS, SERVICES, AND OPERATIONAL NEEDS. ALL OF THE ANNUAL FUNDS THAT CHA RECEIVES ARE UTILIZED TO SUPPORT SPECIFIC PROGRAMS AND ACTIVITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Jill Batty
Director/treasurer
$0
Mary Cassesso
Dir./president - Until 06/21
$0
Andrew Fuqua
Clerk
$0
Assaad J Sayah MD
Ceo/director
$0
Nancy Busnach
Director
$0
Dennis Cataldo
Director
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,612,505
Investment income $22,731
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$6,811
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,628,425

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Cambridge Health Alliance Foundation Inc has recieved totaling $214,069.

Awarding OrganizationAmount
Tufts Health Public Plans Inc

Canton, MA

PURPOSE: Community-Based COVID Vaccination Day Sponsorship

$45,000
Reproductive Health Access Project Inc

New York, NY

PURPOSE: REPRODUCTIVE HEALTH CARE AND ADVOCACY FELLOWSHIPS

$38,598
Life Science Cares Inc

Cambridge, MA

PURPOSE: DONATION TO ASSIST THE NONPROFIT

$34,000
Rize Massachusetts Foundation Inc

Boston, MA

PURPOSE: INNOVATIONS IN ANTI-RACISM

$31,500
Dcu For Kids

Marlborough, MA

PURPOSE: Charitable

$25,000
College Of American Pathologists Foundation

Northfield, IL

PURPOSE: CANCER SCREENING

$16,471
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$236,434
Earnings$41
Other Expense$41
Ending Balance$236,434

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