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Strategic Marketplace Initiative

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010817065 ✦ Kingston, MA ✦ Designated as a 501(c)(6)

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Overview

What is Strategic Marketplace Initiative?

The Strategic Marketplace Initiative is a collaborative networking organization, functioning as a nonprofit, with a mission to educate, influence, and enhance the future standards of the healthcare supply chain. They achieve this goal by bringing together influential leaders from various sectors, including integrated delivery networks, suppliers, providers, and distributors. This collective effort aims to shape and advance the healthcare supply chain, ultimately benefiting the entire industry.


Official website here: www.smisupplychain.com

Is Strategic Marketplace Initiative legitimate?

Strategic Marketplace Initiative is a legitimate nonprofit organization registered as a 501(c)(6) entity. Strategic Marketplace Initiative submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $787,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.smisupplychain.com

What is the mission statement of Strategic Marketplace Initiative?

The Strategic Marketplace Initiative's mission is to serve as a collaborative networking organization, fostering education and advancement in the healthcare supply chain. This is achieved by bringing together leaders from integrated delivery networks, suppliers, providers, and distributors. Their goal is to shape and improve the future standards of the healthcare supply chain, contributing to its overall development and success.


Official website here: www.smisupplychain.com

Who is the CEO of Strategic Marketplace Initiative?

Tom Harvieux is the Treasurer of Strategic Marketplace Initiative.


Official website here: www.smisupplychain.com

What is the revenue of Strategic Marketplace Initiative?

Strategic Marketplace Initiative's revenue in 2022 was $1,362,550.


Official website here: www.smisupplychain.com

Who are the executives of Strategic Marketplace Initiative and what are their salaries?

The average compensation at Strategic Marketplace Initiative during 2022 was $157,458. There are 5 employees at Strategic Marketplace Initiative.


Here are 20 key members and their salaries:


Susan Schuette (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Gundersen (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Pleasants (Chair)
  • Compensation: $233,675
  • Related: $0
  • Other: $0
Dennis Black (Treasurer (Old))
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Drummond (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Gattuso (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lubotsky (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Reed (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Pakieser (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Fennessy (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Conway (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marisa Farabaugh (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Harvieux (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Hohman (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Beth Lang (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Latham (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allan Mavis (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Welch (Member Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Dean (Senior Director)
  • Compensation: $200,307
  • Related: $0
  • Other: $0
Nancy Anderson (Associate Executive Direct)
  • Compensation: $229,149
  • Related: $0
  • Other: $0


Official website here: www.smisupplychain.com

Where can I find the form 990 for Strategic Marketplace Initiative?

Strategic Marketplace Initiative's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.smisupplychain.com

Learn more at the official website: www.smisupplychain.com

Mission Statement of Strategic Marketplace Initiative

The Strategic Marketplace Initiative, as a collaborative networking organization, is committed to educating, influencing, and enhancing the future and standards of the healthcare supply chain. This is achieved by bringing together leaders from integrated delivery networks, suppliers, providers, and distributors. By fostering collaboration among these key players, the Strategic Marketplace Initiative aims to shape and advance the healthcare supply chain, ensuring it remains innovative and effective in meeting the needs of the industry.

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Impact




October, 2024

The Strategic Marketplace Initiative significantly impacts the healthcare supply chain by fostering collaboration among diverse stakeholders, including leaders from integrated delivery networks, suppliers, providers, and distributors. Through its efforts to educate and advance standards, it shapes best practices and promotes innovation within the industry. This collaborative approach not only enhances efficiency and effectiveness in the supply chain but also contributes to improved patient care and outcomes. By bringing together key players in the healthcare ecosystem, it creates a unified platform for sharing knowledge, addressing challenges, and driving meaningful change.




This information is meant to be a general summary of Strategic Marketplace Initiative. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,362,550 (2022)
Expenses
$1,854,201 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$52,200
  • Program Service Revenue: $1,414,750
  • Gross Receipts: $1,989,699

Assets and Liabilities:

  • Total Assets: $1,770,503
  • Total Liabilities: $577,409
  • Net Assets: $1,193,094

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$1,414,750

Organization Details

Founding Year

2005

Principal Officer

Tom Harvieux

Main Address

182 SUMMER STREET 248, KINGSTON, MA, 023641280

NTEE Category

Code: S41 - Community improvement

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