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Nonprofiteer
← CHRONIC DISEASE FUND INC

Form 990 for tax year 2023

Filed by CHRONIC DISEASE FUND INC.

Totals

Total revenue
$457,715,288
Total expenses
$413,262,839
Contributions and grants received
$448,514,130
Grants paid
$399,879,532
Program service revenue
$3,335,063
Investment income
$5,295,110
Other revenue
$570,985
Total assets, end of year
$221,495,604
Total liabilities, end of year
$19,183,263
Net assets or fund balances, end of year
$202,312,341
Program services expenses (Part IX)
$405,677,228
Management and general expenses
$6,823,678
Fundraising expenses
$761,933
Program service expenses (Part III)
$405,677,228

Program services were 98.2% 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

    $448,514,130

  • 2a · Program service revenue: PROGRAM SERVICES

    total $3,335,063 · related or exempt $3,335,063

  • 3 · Investment income

    total $4,966,813 · excluded $4,966,813

  • 5 · Royalties

    total $570,985 · excluded $570,985

  • 7a · Gross sales of assets other than inventory

    securities $38,625,884

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

    securities $38,297,587

  • 7c · Gain or loss

    securities $328,297

  • 7d · Net gain or loss

    total $328,297 · excluded $328,297

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $7,502 · program services $7,502

  • 2 · Grants to domestic individuals

    total $399,872,030 · program services $399,872,030

  • 5 · Compensation of officers, directors and key employees

    total $1,438,764 · program services $413,005 · management and general $833,287 · fundraising $192,472

  • 7 · Other salaries and wages

    total $3,165,350 · program services $2,406,922 · management and general $715,295 · fundraising $43,133

  • 8 · Pension plan contributions

    total $81,881 · program services $61,629 · management and general $18,237 · fundraising $2,015

  • 9 · Other employee benefits

    total $854,315 · program services $567,636 · management and general $247,260 · fundraising $39,419

  • 10 · Payroll taxes

    total $327,753 · program services $208,494 · management and general $105,817 · fundraising $13,442

  • 11b · Fees: legal

    total $2,032,739 · management and general $2,025,888 · fundraising $6,851

  • 11c · Fees: accounting

    total $56,710 · management and general $56,710

  • 11f · Fees: investment management

    total $98,680 · management and general $98,680

  • 11g · Fees: other

    total $932,091 · program services $134,823 · management and general $762,911 · fundraising $34,357

  • 12 · Advertising and promotion

    total $23,769 · fundraising $23,769

  • 13 · Office expenses

    total $53,443 · management and general $53,443

  • 14 · Information technology

    total $1,143,879 · program services $514,745 · management and general $514,745 · fundraising $114,389

  • 16 · Occupancy

    total $493,250 · program services $221,964 · management and general $221,964 · fundraising $49,322

  • 17 · Travel

    total $234,259 · program services $35,139 · management and general $93,704 · fundraising $105,416

  • 19 · Conferences, conventions and meetings

    total $921,207 · program services $331,634 · management and general $525,088 · fundraising $64,485

  • 22 · Depreciation, depletion and amortization

    total $129,696 · program services $58,363 · management and general $58,363 · fundraising $12,970

  • 23 · Insurance

    total $206,425 · management and general $185,782 · fundraising $20,643

  • 24a · Other expenses: COMMUNITY AND EDUCATION

    total $554,137 · program services $554,137

  • 24b · Other expenses: PHONE AND INTERNET

    total $365,011 · program services $164,255 · management and general $164,255 · fundraising $36,501

  • 24c · Other expenses: PRINTING AND PROCESSING

    total $152,448 · program services $124,950 · management and general $24,749 · fundraising $2,749

  • 24d · Other expenses: MISCELLANEOUS EXPENSES

    total $117,500 · management and general $117,500

  • 26 · Joint costs (an allocation of the lines above)

    total $921,207 · program services $331,634 · management and general $525,088 · fundraising $64,485

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $375,621 · end of year $265,822

  • 2 · Savings and temporary cash investments

    beginning of year $124,030,854 · end of year $65,561,890

  • 4 · Accounts receivable

    beginning of year $8,699,414 · end of year $13,471,147

  • 9 · Prepaid expenses and deferred charges

    beginning of year $489,123 · end of year $585,860

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

    $64,595,052

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

    $61,886,763

  • 10c · Land, buildings and equipment, net

    beginning of year $2,114,179 · end of year $2,708,289

  • 11 · Investments: publicly traded securities

    beginning of year $35,983,248 · end of year $137,105,474

  • 15 · Other assets

    beginning of year $2,054,862 · end of year $1,797,122

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,472,910 · end of year $17,073,330

  • 19 · Deferred revenue

    beginning of year $116,300 · end of year $105,300

  • 25 · Other liabilities

    beginning of year $2,260,553 · end of year $2,004,633

  • 27 · Net assets without donor restrictions

    beginning of year $71,390,856 · end of year $84,089,900

  • 28 · Net assets with donor restrictions

    beginning of year $85,506,682 · end of year $118,222,441

Mission and programs · 2023

Mission

THROUGH ITS OPERATIONS OF A CO-PAY ASSISTANCE PROGRAM, GOOD DAYS PROVIDES FINANCIAL ASSISTANCE TO INDIVIDUALS WITH LOW OR MODERATE INCOME WHO ARE SUFFERING FROM CHRONIC DISEASES, CANCER, OR OTHER LIFE-ALTERING CONDITIONS SO THAT SUCH INDIVIDUALS CAN AFFORD AND OBTAIN THE FDA-APPROVED TREATMENTS FOR THEIR DIAGNOSES.

Activities or mission (Part I)

THE ORGANIZATION'S GOAL IS TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF QUALIFYING INDIVIDUALS WHO ARE DIAGNOSED WITH A CHRONIC OR LIFE ALTERING DISEASE BY PROVIDING CO-PAY, PREMIUM, AND/OR TRAVEL ASSISTANCE.

  • PROVIDING ASSISTANCE TO UNDER-INSURED INDIVIDUALS WITH CHRONIC DISEASES, CANCER, OR OTHER LIFE-ALTERING CONDITIONS TO HELP THEM OBTAIN THE FDA-APPROVED TREATMENT THEY NEED. WE ASSIST INDIVIDUALS THROUGHOUT THE UNITED STATES AND TERRITORIES WHO MEET INCOME QUALIFICATION GUIDELINES AND HAVE PRIVATE INSURANCE OR A GOVERNMENT-SPONSORED INSURANCE PLAN, BUT CANNOT AFFORD THE CO-PAYMENTS FOR THEIR FDA-APPROVED THERAPIES. WHENEVER ADMINISTRATIVELY FEASIBLE (AND IN MOST CASES), WE PAY THE INDIVIDUALS OUT-OF-POCKET COSTS FOR THEIR FDA-APPROVED TREATMENT DIRECTLY TO THE APPLICABLE PHARMACIES OR PROVIDERS. THE ORGANIZATION PROVIDED FINANCIAL ASSISTANCE TO 354,579 INDIVIDUALS AND SERVICES TO 360,572 INDIVIDUALS.

    Expenses $405,677,228 · Grants $399,879,532 · Revenue $3,335,063

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Tricia Freels

    SECRETARY, VP HR & COMPLIA

    Total calculated
    $288,450
    From this org
    $245,201
    From related orgs
    $0
    Other
    $43,249
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $216,998
    Bonus
    $28,203
    Other
    $0
    Deferred
    $7,525
    Nontaxable benefits
    $35,724
    Filer's total
    $288,450
  • Hon Glen Ashworth

    CHAIRMAN

    Total calculated
    $18,500
    From this org
    $18,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25
  • Gary Barton

    FINANCIAL CHAIR

    Total calculated
    $18,500
    From this org
    $18,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25
  • David Levine

    TRUSTEE

    Total calculated
    $17,000
    From this org
    $17,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25
  • Seth Kamber

    TRUSTEE

    Total calculated
    $14,500
    From this org
    $14,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25
  • Nhat Nguyen

    TRUSTEE

    Total calculated
    $17,500
    From this org
    $17,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25
  • William Goodson

    TRUSTEE

    Total calculated
    $3,500
    From this org
    $3,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25
  • Bruce Douglas Smith

    MEDICAL CHAIR

    Total calculated
    $16,000
    From this org
    $16,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    0.25
  • Clorinda Walley

    PRESIDENT / CEO

    Total calculated
    $481,181
    From this org
    $445,266
    From related orgs
    $0
    Other
    $35,915
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $371,250
    Bonus
    $74,016
    Other
    $0
    Deferred
    $9,900
    Nontaxable benefits
    $26,015
    Filer's total
    $481,181
  • Randall Odebralski

    CHIEF OPERATING OFFICER

    Total calculated
    $366,091
    From this org
    $330,176
    From related orgs
    $0
    Other
    $35,915
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $282,002
    Bonus
    $48,174
    Other
    $0
    Deferred
    $9,900
    Nontaxable benefits
    $26,015
    Filer's total
    $366,091
  • Maureen Vignaux

    CHIEF FINANCIAL OFFICER

    Total calculated
    $197,541
    From this org
    $177,805
    From related orgs
    $0
    Other
    $19,736
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,062
    Bonus
    $31,743
    Other
    $0
    Deferred
    $5,476
    Nontaxable benefits
    $14,260
    Filer's total
    $197,541
  • Charles Moorman

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $210,904
    From this org
    $180,341
    From related orgs
    $0
    Other
    $30,563
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,730
    Bonus
    $17,611
    Other
    $0
    Deferred
    $5,608
    Nontaxable benefits
    $24,955
    Filer's total
    $210,904
  • Sean Greenberg

    SR. SOFTWARE DEVELOPER

    Total calculated
    $170,007
    From this org
    $143,468
    From related orgs
    $0
    Other
    $26,539
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $143,468
    Bonus
    $0
    Other
    $0
    Deferred
    $4,463
    Nontaxable benefits
    $22,076
    Filer's total
    $170,007
  • Dawn Drenthe

    TREASURER

    Total calculated
    $158,786
    From this org
    $140,321
    From related orgs
    $0
    Other
    $18,465
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $120,976
    Bonus
    $19,345
    Other
    $0
    Deferred
    $4,265
    Nontaxable benefits
    $14,200
    Filer's total
    $158,786
  • Lauren Delacruz

    DIRECTOR OF CLIENT SERVICE

    Total calculated
    $123,409
    From this org
    $122,863
    From related orgs
    $0
    Other
    $546
    Hours/week
    40
  • Sam Capobianco

    DIRECTOR OF QUALITY ASSURANCE

    Total calculated
    $150,276
    From this org
    $111,318
    From related orgs
    $0
    Other
    $38,958
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $98,504
    Bonus
    $12,814
    Other
    $0
    Deferred
    $3,353
    Nontaxable benefits
    $35,605
    Filer's total
    $150,276

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 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
18 July 2024
IRS schema version
2023v5.1
Source object
202442009349301024

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