Integrated Healthcare Partners
- Assets
- $8.6m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Wakefield, RI
- Founding
- 09/2018
- Data as of
- 06/2021
- EIN
- 81-2453718
Organization Overview
Integrated Healthcare Partners is located in Wakefield, RI. The organization was established in 2018. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., 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. Integrated Healthcare Partners 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 06/2021, Integrated Healthcare Partners generated $7.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 43.1% each year . All expenses for the organization totaled $7.8m during the year ending 06/2021. 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 ACT ON BEHALF OF PARTICIPATING HEALTHCARE PROVIDERS TO ENTER INTO SHARED SAVINGS AND OTHER INNOVATIVE FINANCING ARRANGEMENTS TO IMPROVE PATIENT HEALTH AND REDUCE THE OVERALL TOTAL COST OF CARE FOR PUBLICLY AND PRIVATELY FUNDED POPULATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TOGETHER WITH ITS MEMBER ORGANIZATIONS AND OTHER PARTICIPATING PROVIDERS, THE ORGANIZATION EXECUTED VARIOUS ACTIVITIES IN ACCORDANCE WITH ITS AGREEMENTS WITH NEIGHBORHOOD HEALTH PLAN OF RHODE ISLAND AND UNITED HEALTHCARE TO PROVIDE ACCOUNTABLE CARE TO APPROXIMATELY 50,000 PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joanne Mcgunagle Secretary Of The Board & Director | OfficerTrustee | 3 | $0 |
Jeanne Lachance Until June 30 2021 Vice-Chair Of The Board & Director | OfficerTrustee | 3 | $0 |
Peter Bancroft Treasurer Of The Board & Director | OfficerTrustee | 3 | $0 |
Dennis Roy Chair Of The Board & Director | OfficerTrustee | 3 | $0 |
Rebecca Plonsky President & CEO | Officer | 40 | $0 |
James Lehane Director | Trustee | 3 | $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 | $7,456,354 |
| Investment income | $23,422 |
| 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 | $7,480,076 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $653,550 |
| Fees for services: Legal | $6,189 |
| Fees for services: Accounting | $47,739 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,263 |
| Advertising and promotion | $449 |
| Office expenses | $4,500 |
| Information technology | $47,670 |
| Royalties | $0 |
| Occupancy | $1,927 |
| Travel | $458 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $858 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,929 |
| All other expenses | $1,045 |
| Total functional expenses | $7,846,713 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,675,020 |
| Savings and temporary cash investments | $5,886,361 |
| 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 | $6,472 |
| 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 | $8,567,853 |
| Accounts payable and accrued expenses | $4,055,568 |
| 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 | $4,055,568 |
| Net assets without donor restrictions | $4,512,285 |
| 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 | $8,567,853 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rih Ventures Providence, RI | $3,760,702 | $7,923,019 |
Integrated Healthcare Partners Wakefield, RI | $8,567,853 | $7,480,076 |
Integriscript Inc Pittsfield, MA | $2,455,296 | $4,528,618 |
Hallmark Health Properties Inc Medford, MA | $18,752,595 | $1,945,268 |
Community Econsult Network Inc Middletown, CT | $1,366,083 | $1,308,475 |
Foundation For Community Health Inc Sharon, CT | $30,623,690 | $1,365,078 |
The Center To Advance Consumer Partnership Inc Boston, MA | $1,052,945 | $288,908 |
Lchc Support Corporation Lowell, MA | $23,341,192 | $1,161,700 |
Vna Management Corporation Bridgeport, CT | $0 | $1,003,534 |
Allston Brighton Jms Corporation Brighton, MA | $20,329,412 | $332,978 |
Connecticut Alliance For Long Term Care Inc Hartford, CT | $321,874 | $93,579 |
A C N M Foundation Inc Cambridge, MA | $1,589,561 | $575,795 |