Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: ENROLLEE FEES

  total $28,462,509 · related or exempt $28,462,509

• 11a · Other revenue: MISCELLANEOUS

  total $54,723 · related or exempt $54,723

• 11e · Other revenue, total

  $54,723

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $6,734,492 · program services $6,734,492

• 9 · Other employee benefits

  total $1,946,907 · program services $1,946,907

• 11g · Fees: other

  total $342,851 · program services $342,851

• 13 · Office expenses

  total $151,744 · program services $151,744

• 14 · Information technology

  total $1,108 · program services $1,108

• 16 · Occupancy

  total $1,130,726 · program services $1,130,726

• 17 · Travel

  total $97,157 · program services $97,157

• 19 · Conferences, conventions and meetings

  total $4,615 · program services $4,615

• 22 · Depreciation, depletion and amortization

  total $41,281 · program services $41,281

• 24a · Other expenses: MASTER SERVICE AGREEMEN

  total $17,400,000 · program services $17,400,000

• 24b · Other expenses: MEDICAL SUPPLIES

  total $137,141 · program services $137,141

• 24c · Other expenses: DUES AND SUBSCRIPTIONS

  total $19,057 · program services $19,057

• 24d · Other expenses: EDUCATION & TRAINING

  total $18,174 · program services $18,174

• 24e · All other expenses

  total $14,492 · program services $14,492

Balance sheet

Part X, book values.

• 4 · Accounts receivable

  beginning of year $20,930 · end of year $38,564

• 9 · Prepaid expenses and deferred charges

  beginning of year $15,808 · end of year $85,285

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

  $2,167,543

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

  $2,036,692

• 10c · Land, buildings and equipment, net

  beginning of year $84,881 · end of year $130,851

• 15 · Other assets

  beginning of year $39,389,545 · end of year $52,562,558

• 17 · Accounts payable and accrued expenses

  beginning of year $34,583 · end of year $57,728

• 25 · Other liabilities

  beginning of year $47,768,717 · end of year $60,574,179

• 27 · Net assets without donor restrictions

  beginning of year -$8,292,136 · end of year -$7,814,649

The filer's explanations (Part III)

PART I, LINE 4B

COMMONWEALTH CARE ALLIANCE, A RELATED ORGANIZATION, PROVIDES MR. PALMIERI WITH AN ADDITIONAL LONG-TERM INCENTIVE BENEFIT WHICH SHALL BE PAID OVER THREE YEARS BEGINNING ON NOVEMBER 2, 2021 SO LONG AS MR. PALMIERI REMAINS EMPLOYED AS PRESIDENT AND CEO. THE LONG-TERM INCENTIVE SHALL HAVE A TARGET VALUE OF $450,000. A PAYMENT IS SET TO PAY EACH OF THE THREE YEARS ON NOVEMBER 2ND AS LONG AS MR. PALMIERI REMAINS EMPLOYED AS CCA'S PRESIDENT AND CEO. CERTAIN OFFICERS AND KEY EMPLOYEES PARTICIPATE IN THE COMMONWEALTH CARE ALLIANCE EXECUTIVE RETENTION PLAN, A NONQUALIFIED DEFERRED COMPENSATION PLAN WHICH IN 2020 WAS OFFERED TO CERTAIN MEMBERS OF THE EXECUTIVE LEADERSHIP TEAM AND SUBSEQUENTLY OFFERED TO NEWER EMPLOYEES. PAYMENTS WILL BE MADE TO THE EXECUTIVE ONLY IF THE EXECUTIVE STAYS WITH THE ORGANIZATION THROUGH THE FIVE-YEAR VESTING PERIOD AS THE PRIMARY PURPOSE OF THIS PLAN IS TO PROVIDE FOR THE RETENTION OF THE PARTICIPANTS. THE MARKET FOR EXECUTIVE TALENT IN THIS COUNTRY IS FIERCELY COMPETITIVE AND WE RECRUIT INDIVIDUALS FROM ACROSS THE COUNTRY AND FROM VARIOUS INDUSTRIES. DUTIES ARE BOTH EXTENSIVE AND COMPLEX AND REQUIRE SUBSTANTIAL AND DIVERSE EXPERIENCE AND SKILL SETS TO EXECUTE SUCCESSFULLY. PAYMENTS WILL BE MADE AT THE END OF A FIVE-YEAR PERIOD BASED ON ROLLING EFFECTIVE DATES IN AN AMOUNT EQUAL TO 90% OF THE EXECUTIVE'S BASE SALARY AS OF THE END OF THE YEAR PRIOR TO PAYOUT. ELIGIBLE PARTICIPANTS HAVE 18% OF THEIR SALARY ACCRUED FOR EACH YEAR FOR THE FIVE-YEAR PERIOD.

PART I, LINE 3:

THE ORGANIZATION RELIED ON COMMONWEALTH CARE ALLIANCE, A RELATED ORGANIZATION, THAT USED ONE OR MORE OF THE METHODS TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• VOICE CARE TECH HOLDINGS LLC (AS OF 61622)

  HOLDING COMPANY · MA

• CCA ACO LLC

  MEDICARE SHARED SAVINGS PROGRAM ACO · MI

• RELIANCE NEXT GEN ACO LLC

  MEDICARE FEE FOR SERVICE NEXGEN ACO · MI

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• LIFEPOD SOLUTIONS INC

  C · 2 WAY VOICE INTERFACES TO HELP CAREGIVERS (LIFEPOD DISSOLVED IN 2022) · MA

• COMMONWEALTH CARE ALLIANCE MASSACHUSETTS INC

  C · MEDICARE ADVANTAGE PRODUCTS · MA

• COMMONWEALTH CARE ALLIANCE RHODE ISLAND INC

  C · MEDICARE ADVANTAGE PRODUCTS · MA

• COMMONWEALTH CARE ALLIANCE INDIANA LLC

  C · MEDICARE ADVANTAGE PRODUCTS · IN

• COMMONWEALTH CARE ALLIANCE MICHIGAN LLC

  C · HOLDING COMPANY · MI

• CCA HEALTH MICHIGAN INC

  C · MEDICAL SERVICES TO PERSONS IN MICHIGAN · MI

• CCA PO INC

  C · PHYSICIAN CONTRACTING ORGANIZATION · MI

• COMMONWEALTH CARE ALLIANCE CALIFORNIA LLC

  C · HOLDING COMPANY · CA

• VITALITY HEALTH PLAN OF CALIFORNIA INC

  C · ARRANGES FOR HEALTHCARE SERVICES TO MEDICARE BENEFICIARIES · CA