Form 990 for tax year 2022

Totals

Total revenue

$741,980

Total expenses

$571,820

Contributions and grants received

$105,000

Grants paid

$12,000

Program service revenue

$633,188

Investment income

$0

Other revenue

$3,792

Total assets, end of year

$313,917

Total liabilities, end of year

$143,757

Net assets or fund balances, end of year

$170,160

Program services expenses (Part IX)

$337,588

Management and general expenses

$234,232

Fundraising expenses

$0

Program service expenses (Part III)

$337,588

Program services were 59.0% 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.

Mission and programs · 2022

• BEGINNING WITH SIX ORGANIZATIONS FOCUSED ON PEOPLE WITH INTELLECTUAL AND/OR DEVELOPMENTAL DISABILITIES (I/DD), ALTAIR WAS INCORPORATED AS A NON-PROFIT WITH 14 MEMBERS IN JANUARY 2022. ALTAIR ACO REACHES 35% OF ALL INDIVIDUALS IN THE STATE ON WAIVERED SERVICES AND SUPPORTS OVER 20,000 INDIVIDUALS WITH DISABILITIES STATEWIDE IN MINNESOTA. IN ADDITION TO THE COMBINED 950 YEARS OF EXPERIENCE THAT ALTAIR MEMBERS HAVE SERVING PEOPLE WITH INTELLECTUAL AND/OR DEVELOPMENTAL DISABILITIES (I/DD), ALTAIR AS AN ENTITY HAS TEN YEARS OF EXPERIENCE INNOVATING NEW MODELS OF SERVICE TO HELP THE PEOPLE WE SERVE LIVE AS INDEPENDENTLY AS POSSIBLE.ALTAIR ALIGNS HEALTH AND SOCIAL SERVICES BY SERVING AS A COORDINATING MECHANISM RESPONSIBLE FOR MANAGING COLLABORATION ACROSS ORGANIZATIONS AND SERVICES FOR PEOPLE WITH DISABILITIES, CREATES QUALITY MEASUREMENT AND DATA-SHARING TOOLS TO TRACK OUTCOMES AND EXCHANGE INFORMATION, AND FINALLY IT INCORPORATES NEW PAYMENT AND FINANCING METHODS. THE STATE OF MN (DHS) SITS AT THE TABLE WITH ALTAIR AS WE DEVELOP VALUE-BASED MODELS THAT WILL BRING NEW REVENUES TO PROVIDERS AND ADVANTAGES FOR EXPANDING PERSON CENTERED DELIVERY SYSTEMS WITHIN THE NEW WAIVER REIMAGINE PROGRAMS. ALTAIR HAS EMBEDDED PHARMACY MTM PRACTICES INTO OUR BASELINE PRACTICES, NEGOTIATED PER MEMBER/PER MONTH CONTRACTS WITH HEALTH ENTITIES RESULTING IN PAYMENTS DIRECTLY TO OUR MEMBERS/PROVIDERS PROJECTED TO BE $2M IN 2023 AND $5M PROJECT TO DATE.

  Expenses $337,588 · Grants $12,000 · Revenue $636,980

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

2022

Filed

27 June 2023

IRS schema version

2022v5.0

Source object

202321799349300822

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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