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Nonprofiteer
← CANCER CARE CO-PAYMENT ASSISTANCE FOUNDATION INC

Form 990 for tax year 2023

Filed by CANCER CARE CO-PAYMENT ASSISTANCE FOUNDATION INC.

Totals

Total revenue
$64,667,756
Total expenses
$55,398,511
Contributions and grants received
$60,641,153
Grants paid
$51,152,231
Program service revenue
$0
Investment income
$3,856,614
Other revenue
$169,989
Total assets, end of year
$70,624,188
Total liabilities, end of year
$8,065,018
Net assets or fund balances, end of year
$62,559,170
Program services expenses (Part IX)
$54,780,581
Management and general expenses
$309,560
Fundraising expenses
$308,370
Program service expenses (Part III)
$54,780,581

Program services were 98.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $60,641,153

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $3,853,269 · excluded $3,853,269

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $91,740,353

  • 7b · Less cost or other basis and sales expenses

    securities $91,737,008

  • 7c · Gain or loss

    securities $3,345 · other assets $0

  • 7d · Net gain or loss

    total $3,345 · excluded $3,345

  • 11a · Other revenue: Other Income

    total $169,989 · excluded $169,989

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $169,989

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,500,000 · program services $3,500,000

  • 2 · Grants to domestic individuals

    total $47,652,231 · program services $47,652,231

  • 5 · Compensation of officers, directors and key employees

    total $551,395 · program services $413,291 · management and general $48,305 · fundraising $89,799

  • 7 · Other salaries and wages

    total $1,333,605 · program services $1,130,055 · management and general $89,582 · fundraising $113,968

  • 8 · Pension plan contributions

    total $74,512 · program services $68,052 · management and general $2,982 · fundraising $3,478

  • 9 · Other employee benefits

    total $374,216 · program services $328,310 · management and general $28,541 · fundraising $17,365

  • 10 · Payroll taxes

    total $118,891 · program services $100,811 · management and general $8,289 · fundraising $9,791

  • 11b · Fees: legal

    total $7,314 · program services $7,314

  • 11c · Fees: accounting

    total $157,466 · program services $147,017 · management and general $10,449

  • 11f · Fees: investment management

    total $72,466 · management and general $72,466

  • 11g · Fees: other

    total $851,026 · program services $806,544 · management and general $19,940 · fundraising $24,542

  • 13 · Office expenses

    total $282,130 · program services $255,923 · management and general $12,256 · fundraising $13,951

  • 16 · Occupancy

    total $334,223 · program services $300,127 · management and general $14,341 · fundraising $19,755

  • 17 · Travel

    total $29,564 · program services $17,961 · management and general $32 · fundraising $11,571

  • 22 · Depreciation, depletion and amortization

    total $2,607 · program services $2,468 · fundraising $139

  • 23 · Insurance

    total $45,036 · program services $40,382 · management and general $1,926 · fundraising $2,728

  • 24a · Other expenses: Staff and Volunteer Training and Support

    total $9,840 · program services $8,803 · management and general $437 · fundraising $600

  • 24b · Other expenses: Memberships and Subscriptions

    total $1,312 · program services $787 · fundraising $525

  • 24c · Other expenses: Miscellaneous Expenses

    total $677 · program services $505 · management and general $14 · fundraising $158

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $592,704 · end of year $235,541

  • 2 · Savings and temporary cash investments

    beginning of year $4,503,921 · end of year $8,971,200

  • 3 · Pledges and grants receivable

    beginning of year $9,102,464 · end of year $5,791,479

  • 4 · Accounts receivable

    beginning of year $0 · end of year $0

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $211,445 · end of year $236,568

  • 10a · Land, buildings and equipment: cost or other basis

    $2,498,525

  • 10b · Land, buildings and equipment: accumulated depreciation

    $14,337

  • 10c · Land, buildings and equipment, net

    beginning of year $1,486,159 · end of year $2,484,188

  • 11 · Investments: publicly traded securities

    beginning of year $60,506,634 · end of year $52,905,212

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,092,185 · end of year $1,157,118

  • 18 · Grants payable

    beginning of year $18,520,787 · end of year $6,290,840

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $930,268 · end of year $617,060

  • 27 · Net assets without donor restrictions

    beginning of year $6,096,907 · end of year $6,192,083

  • 28 · Net assets with donor restrictions

    beginning of year $47,763,180 · end of year $56,367,087

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

THE CANCER CARE CO-PAYMENT ASSISTANCE FOUNDATION'S (THE "FOUNDATION") PRIMARY ACTIVITY IS TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS WITH CANCER IN THE FORM OF INSURANCE CO-PAYMENT ASSISTANCE.

Activities or mission (Part I)

PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS WITH CANCER IN THE FORMS OF INSURANCE CO-PAYMENT ASSISTANCE.

  • CO-PAY ASSISTANCE - PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS WITH CANCER IN THE FORM OF CO-PAYMENT ASSISTANCE FOR BOTH PRESCRIBED TREATMENT AND SUPPORTING MEDICATIONS, PREMIUM ASSISTANCE, OR OTHER DIRECT FINANCIAL ASSISTANCE IN ORDER TO ENSURE ACCESS TO CARE, TREATMENT, AND PRESCRIBED MEDICATIONS.

    Expenses $54,708,612 · Grants $51,152,231

  • INFORMATION AND PUBLICATIONS - OFFER PRACTICAL HELP INCLUDING EDUCATION MATERIALS AND INFORMATION, AND REFERRALS TO OTHER SOURCES OF HELP. THE FOUNDATION'S WEBSITE, WWW.CANCERCARECOPAY.ORG, PROVIDES INFORMATION REGARDING THE FOUNDATION AS WELL AS LINKS TO CANCER CARE'S PRIMARY WEBSITE, WWW.CANCERCARE.ORG, WHICH IS A COMPREHENSIVE RESOURCE WHERE VISITORS CAN COMMUNICATE WITH A SOCIAL WORKER, JOIN A SUPPORT GROUP, ACCESS THE RESOURCE NAVIGATION TEAM, PARTICIPATE IN OR LISTEN TO AN ARCHIVED TELEPHONE EDUCATION WORKSHOP, AND LEARN ABOUT TOPICS RANGING FROM MANAGING CAREERS TO TALKING TO YOUR FAMILIES DURING A TIME OF CRISIS.

    Expenses $71,969

As filed on the 2023 return.

Listed in Part VII

  • Alton Josh B Kremer MD PhD

    Secretary

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Loretta Moseman

    TREASURER (FROM 04/2024)

    Total calculated
    $0
    Hours/week
    2 + 5 related

  • Paul M Friedman

    President

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • James Bigglestone

    Trustee (FROM 04/2024)

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Walter Chip M Steppacher IV

    Trustee

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Christine Verini

    Chief Executive Officer (from 12/2023)

    Total calculated
    $408,486
    From this org
    $0
    From related orgs
    $352,576
    Other
    $55,910
    Hours/week
    14 + 21 related

    Schedule J breakdown matched by us

    Base
    $0 + $310,254 related
    Bonus
    $0 + $40,000 related
    Other
    $0 + $2,322 related
    Deferred
    $0 + $28,755 related
    Nontaxable benefits
    $0 + $27,155 related
    Filer's total
    $0 + $408,486 related

  • John Rutigliano

    Chief Financial and Compliance Officer

    Total calculated
    $366,888
    From this org
    $0
    From related orgs
    $293,068
    Other
    $73,820
    Hours/week
    12.3 + 22.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $269,504 related
    Bonus
    $0 + $20,000 related
    Other
    $0 + $3,564 related
    Deferred
    $0 + $24,396 related
    Nontaxable benefits
    $0 + $49,424 related
    Filer's total
    $0 + $366,888 related

  • Patricia Goldsmith

    Chief Executive Officer (through 12/2023)

    Total calculated
    $493,721
    From this org
    $0
    From related orgs
    $410,702
    Other
    $83,019
    Hours/week
    5.3 + 29.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $338,844 related
    Bonus
    $0 + $65,000 related
    Other
    $0 + $6,858 related
    Deferred
    $0 + $33,791 related
    Nontaxable benefits
    $0 + $49,228 related
    Filer's total
    $0 + $493,721 related

  • Michele McCourt

    Executive Director of Co-Pay Assistance

    Total calculated
    $253,987
    From this org
    $191,677
    From related orgs
    $0
    Other
    $62,310
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $179,237
    Bonus
    $10,750
    Other
    $1,690
    Deferred
    $10,060
    Nontaxable benefits
    $52,250
    Filer's total
    $253,987

  • Ben Speaks-Tanner

    Associate Director of Co-Pay Assistance

    Total calculated
    $130,898
    From this org
    $102,411
    From related orgs
    $0
    Other
    $28,487
    Hours/week
    35

  • Fernando Moraleda

    CHIEF INFORMATION OFFICER

    Total calculated
    $225,919
    From this org
    $0
    From related orgs
    $213,290
    Other
    $12,629
    Hours/week
    3.5 + 31.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $212,256 related
    Bonus
    $0
    Other
    $0 + $1,034 related
    Deferred
    $0 + $10,665 related
    Nontaxable benefits
    $0 + $1,964 related
    Filer's total
    $0 + $225,919 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE FOUNDATION'S CEO, PATRICIA GOLDSMITH, IS PAID BY CANCER CARE, A RELATED ORGANIZATION. THE COMPENSATION OF THE CEO IS DETERMINED BY CANCER CARE'S EXECUTIVE COMMITTEE UTILIZING COMPARABLE 990 INFORMATION OF OTHER ORGANIZATIONS AND/OR COMPENSATION SURVEYS OR STUDIES.
Schedule J, Part I, Line 7 Non-fixed payments
THE ORGANIZATION FROM TIME-TO-TIME WILL MAKE PERFORMANCE-BASED BONUS PAYMENTS. FOR OFFICERS, THOSE AMOUNTS ARE DETERMINED IN CONJUNCTION WITH THE PRESIDENT OF THE BOARD AND EXECUTIVE COMMITTEE. OFFICERS MAY AWARD BONUSES, WITHIN THE PARAMETERS OF THE ORGANIZATION'S HUMAN RESOURCES COMPENSATION PROGRAM AND BUDGET, TO STAFF. IN LIMITED AMOUNTS, EMPLOYEES ARE ELIGIBLE FOR YEARS OF SERVICE BONUSES WHEN REACHING SERVICE LEVELS IN 5-YEAR INCREMENTS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
14 May 2025
IRS schema version
2023v6.0
Source object
202521349349306097

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