Skip to content
Nonprofiteer
← CANCER CARE CO-PAYMENT ASSISTANCE FOUNDATION INC

Form 990 for tax year 2022

Filed by CANCER CARE CO-PAYMENT ASSISTANCE FOUNDATION INC.

Totals

Total revenue
$83,382,754
Total expenses
$86,398,650
Contributions and grants received
$80,527,998
Grants paid
$82,273,840
Program service revenue
$0
Investment income
$2,713,208
Other revenue
$141,548
Total assets, end of year
$76,403,327
Total liabilities, end of year
$22,543,240
Net assets or fund balances, end of year
$53,860,087
Program services expenses (Part IX)
$85,833,140
Management and general expenses
$247,717
Fundraising expenses
$317,793
Program service expenses (Part III)
$85,833,140

Program services were 99.3% 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

    $80,527,998

  • 3 · Investment income

    total $3,852,634 · excluded $3,852,634

  • 7a · Gross sales of assets other than inventory

    securities $89,766,902

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

    securities $90,906,328

  • 7c · Gain or loss

    securities -$1,139,426

  • 7d · Net gain or loss

    total -$1,139,426 · excluded -$1,139,426

  • 11a · Other revenue: OTHER INCOME

    total $141,548 · excluded $141,548

  • 11e · Other revenue, total

    $141,548

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 $78,773,840 · program services $78,773,840

  • 5 · Compensation of officers, directors and key employees

    total $545,613 · program services $391,404 · management and general $37,854 · fundraising $116,355

  • 7 · Other salaries and wages

    total $1,209,248 · program services $1,059,290 · management and general $64,893 · fundraising $85,065

  • 8 · Pension plan contributions

    total $70,745 · program services $64,076 · management and general $2,758 · fundraising $3,911

  • 9 · Other employee benefits

    total $354,575 · program services $324,477 · management and general $12,255 · fundraising $17,843

  • 10 · Payroll taxes

    total $111,023 · program services $94,612 · management and general $6,243 · fundraising $10,168

  • 11b · Fees: legal

    total $3,517 · program services $3,517

  • 11c · Fees: accounting

    total $151,789 · program services $144,229 · management and general $7,560

  • 11f · Fees: investment management

    total $80,357 · management and general $80,357

  • 11g · Fees: other

    total $957,288 · program services $905,191 · management and general $15,813 · fundraising $36,284

  • 12 · Advertising and promotion

    total $9,000 · program services $5,400 · fundraising $3,600

  • 13 · Office expenses

    total $255,985 · program services $235,679 · management and general $6,332 · fundraising $13,974

  • 16 · Occupancy

    total $297,052 · program services $266,815 · management and general $11,753 · fundraising $18,484

  • 17 · Travel

    total $20,286 · program services $11,989 · fundraising $8,297

  • 22 · Depreciation, depletion and amortization

    total $5,214 · program services $4,916 · fundraising $298

  • 23 · Insurance

    total $41,293 · program services $37,026 · management and general $1,626 · fundraising $2,641

  • 24a · Other expenses: STAFF/VOL TRAINING

    total $7,008 · program services $6,265 · management and general $273 · fundraising $470

  • 24b · Other expenses: MISCELLANEOUS EXPENSES

    total $3,838 · program services $3,827 · fundraising $11

  • 24c · Other expenses: MEMBERSHIPS & SUBS

    total $979 · program services $587 · fundraising $392

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $143,993 · end of year $592,704

  • 2 · Savings and temporary cash investments

    beginning of year $6,238,781 · end of year $4,503,921

  • 3 · Pledges and grants receivable

    beginning of year $6,126,749 · end of year $9,102,464

  • 9 · Prepaid expenses and deferred charges

    beginning of year $369,553 · end of year $211,445

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

    $1,497,889

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

    $11,730

  • 10c · Land, buildings and equipment, net

    beginning of year $693,506 · end of year $1,486,159

  • 11 · Investments: publicly traded securities

    beginning of year $71,519,861 · end of year $60,506,634

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,554,966 · end of year $3,092,185

  • 18 · Grants payable

    beginning of year $24,248,137 · end of year $18,520,787

  • 25 · Other liabilities

    beginning of year $303,716 · end of year $930,268

  • 27 · Net assets without donor restrictions

    beginning of year $4,904,008 · end of year $6,096,907

  • 28 · Net assets with donor restrictions

    beginning of year $52,081,616 · end of year $47,763,180

Mission and programs · 2022

Mission

THE FOUNDATION'S PRIMARY ACTIVITY IS TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS WITH CANCER. FOR MORE INFORMATION, SEE SCHEDULE O.

Activities or mission (Part I)

SEE SCHEDULE O

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

    Expenses $85,768,909 · Grants $82,273,840

  • 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 WHEREVISITORS 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 OFCRISIS.

    Expenses $64,231

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

Listed in Part VII

  • Paul Friedman

    PRESIDENT AND TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Alton Josh B Kremer MD PhD

    TRUSTEE (START 11/14/22)

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Walter Chip M Steppacher IV

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Christine Converse Hogan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Margaret R Diaz-Cruz Lmsw

    SECRETARY AND TRUSTEE (END 11/14/22)

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Patricia Goldsmith

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $454,663
    From this org
    $0
    From related orgs
    $377,118
    Other
    $77,545
    Hours/week
    5.25 + 29.75 related

    Schedule J breakdown matched by us

    Base
    $0 + $305,260 related
    Bonus
    $0 + $65,000 related
    Other
    $0 + $6,858 related
    Deferred
    $0 + $31,109 related
    Nontaxable benefits
    $0 + $46,436 related
    Filer's total
    $0 + $454,663 related

  • Christine Verini

    CHIEF OPERATING OFFICER

    Total calculated
    $386,484
    From this org
    $0
    From related orgs
    $333,847
    Other
    $52,637
    Hours/week
    14 + 21 related

    Schedule J breakdown matched by us

    Base
    $0 + $292,605 related
    Bonus
    $0 + $40,000 related
    Other
    $0 + $1,242 related
    Deferred
    $0 + $27,237 related
    Nontaxable benefits
    $0 + $25,400 related
    Filer's total
    $0 + $386,484 related

  • John Rutigliano

    CHIEF FINANCIAL AND COMPLIANCE OFCR

    Total calculated
    $342,596
    From this org
    $0
    From related orgs
    $274,110
    Other
    $68,486
    Hours/week
    12.25 + 22.75 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,788 related
    Bonus
    $0 + $20,000 related
    Other
    $0 + $2,322 related
    Deferred
    $0 + $22,808 related
    Nontaxable benefits
    $0 + $45,678 related
    Filer's total
    $0 + $342,596 related

  • Michele McCourt

    EXECUTIVE DIRECTOR

    Total calculated
    $251,526
    From this org
    $191,426
    From related orgs
    $0
    Other
    $60,100
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $174,769
    Bonus
    $15,000
    Other
    $1,657
    Deferred
    $10,111
    Nontaxable benefits
    $49,989
    Filer's total
    $251,526

  • Bennie Speaks-Tanner

    ASSOCIATE DIRECTOR

    Total calculated
    $131,355
    From this org
    $104,025
    From related orgs
    $0
    Other
    $27,330
    Hours/week
    35

  • Yasmin Johnson

    CO-PAYMENT SPECIALIST TEAM LEAD

    Total calculated
    $145,401
    From this org
    $110,501
    From related orgs
    $0
    Other
    $34,900
    Hours/week
    35

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)

PART I, LINE 3
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
THE ORGANIZATION FROM TIME-TO-TIME WILL MAKE PERFORMANCE-BASED BONUS PAYMENTS. FOR KEY EMPLOYEES, THOSE AMOUNTS ARE DETERMINED IN CONJUNCTION WITH THE PRESIDENT OF THE BOARD AND EXECUTIVE COMMITTEE. KEY EMPLOYEES 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
2022
Filed
14 May 2024
IRS schema version
2022v5.0
Source object
202441359349313359

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

The source document this was parsed from is served over the API, which is where bulk and document access live.