Cossma Inc
- Assets
- $127.9m
- Revenue
- $84.8m
- Investments
- $0.0
- Employees
- 455
- Location
- Cidra, PR
- Founding
- 07/1989
- Data as of
- 08/2022
- EIN
- 66-0434923
Organization Overview
Cossma Inc is located in Cidra, PR. The organization was established in 1989. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 08/2022, Cossma Inc employed 455 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cossma 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 08/2022, Cossma Inc generated $84.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $64.6m during the year ending 08/2022. While expenses have increased by 13.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE PRIMARY HEALTH CARE SERVICES TO MEDICALLY UNDESERVED POPULATION, AGRICULTURAL, MIGRANT AND SEASONAL FARM WORKERS AS TO THEIR DEPENDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH SERVICES DURING THE YEAR. COSSMA, INC PROVIDE PRIMARY HEALTH SERVICES.
ESPERANZA VILLAGEJUNCOS
PHARMACY OPERATIONS
EDUCATION AND PREVENTION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erving Arroyo Flores Allergist | Officer | 40 | $151,958 |
Juan Perez Torres Medical Director | Officer | 40 | $138,043 |
Anarelis Almanzar Paredes Pharmacy Director | 40 | $128,769 | |
Hector Rodriguez Millayes Gynecologist | 40 | $127,631 | |
Liliana Guzman Bicchi Pediatrician | 40 | $127,472 | |
Julio Marrero Guadalupe Family Doctor | 40 | $126,376 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
G4s Secure Solutions Pr Inc Security | 8/30/22 | $694,096 |
Bm Construction Corp Construction | 8/30/22 | $1,076,320 |
Aireko Construction Corp Contruction | 8/30/22 | $805,824 |
North Janitorial Services Inc Mantenimiento | 8/30/22 | $360,124 |
Reno & Cavanaugh Pllc Abogado | 8/30/22 | $225,301 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,029,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,485,567 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,514,742 |
| Total Program Service Revenue | $71,904,431 |
| Investment income | $237,564 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,549 |
| 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 | $84,819,475 |
| 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 | $17,389,048 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $599,816 |
| Payroll taxes | $2,884,138 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $3,272,054 |
| Advertising and promotion | $24,729 |
| Office expenses | $258,596 |
| Information technology | $266,530 |
| Royalties | $0 |
| Occupancy | $1,231,655 |
| Travel | $195,878 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $124,887 |
| Interest | $111,736 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,973,936 |
| Insurance | $487,096 |
| All other expenses | $468,233 |
| Total functional expenses | $64,560,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,102,785 |
| Savings and temporary cash investments | $30,369,082 |
| Pledges and grants receivable | $760,755 |
| Accounts receivable, net | $7,865,591 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $773,526 |
| Prepaid expenses and deferred charges | $322,192 |
| Net Land, buildings, and equipment | $35,078,696 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $676,739 |
| Total assets | $127,949,366 |
| Accounts payable and accrued expenses | $6,491,118 |
| Grants payable | $0 |
| Deferred revenue | $79,786 |
| 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 | $2,503,611 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,074,515 |
| Net assets without donor restrictions | $118,874,851 |
| 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 | $127,949,366 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Salud Integral En La Montana Inc Naranjito, PR | $152,837,240 | $126,086,433 |
Migrant Health Center Mayaguez, PR | $106,970,121 | $114,932,613 |
Cossma Inc Cidra, PR | $127,949,366 | $84,819,475 |
Hpm Foundation Inc San Juan, PR | $32,852,613 | $60,915,741 |
Integral De Loiza Conciliode Salud Loiza, PR | $74,730,888 | $63,540,072 |
Centro De Salud De Lares Inc Lares, PR | $75,302,380 | $46,777,041 |
Centro De Salud Familiar Dr Julio Palmieri Ferri Inc Arroyo, PR | $41,456,563 | $33,246,349 |
Centro Ararat Inc Ponce, PR | $12,121,772 | $26,308,355 |
Centro De Servicios Primarios De Sa Lud Inc Florida, PR | $14,607,386 | $13,265,045 |
Comprehensive Human Services Corporation Guaynabo, PR | $22,030,417 | $3,608,694 |
Fundacion Asistencia Centro De Trauma Inc San Juan, PR | $682,787 | $75,306 |