Overview
What is Positudes Inc?
Positudes Inc Dba The Alliance Pharmacy is a charitable organization situated in Westbury, New York. Its primary mission is to raise funds for nonprofit organizations that support individuals with chronic diseases, offering assistance in their disease management and conducting research to discover cures. Additionally, The Alliance Pharmacy directly aids individuals and their families by providing medication at minimal or no cost, helping them manage their medical care effectively.
Official website here: www.thealliancepharmacy.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Positudes Inc, doing business as The Alliance Pharmacy, has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The score is derived from an impressive 81% in the Accountability & Finance category, indicating a commitment to sound financial management and transparency. This level of rating signifies that the organization is effectively addressing its fiscal responsibilities and maintaining a trustworthy operation.
The organization demonstrates strong governance with 90% of its board members being independent, which enhances its accountability. Additionally, it has robust policies in place such as comprehensive conflict of interest and whistleblower policies, ensuring ethical practices within its operations. The financial oversight appears thorough, as evidenced by the presence of an audit and oversight committee, and there has been no material diversion of assets reported.
However, there are limitations to consider, particularly in the liabilities to assets ratio, where the organization scored 0 out of 15 points. This suggests potential concerns regarding financial health in terms of liabilities, which could be an area for improvement. Overall, while Positudes Inc showcases strengths in governance and accountability, it may need to address its financial ratios to enhance its overall stability.
This AI summary has been generated from information found on Charity Navigator.
Is Positudes Inc legitimate?
Positudes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Positudes Inc 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: $399,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $462,853
For more financial information, click here
Official website here: www.thealliancepharmacy.org/
What is the mission statement of Positudes Inc?
Positudes Inc, operating as The Alliance Pharmacy, is committed to raising funds for charitable organizations that aid individuals in managing their chronic diseases and conduct research to discover cures. The pharmacy also extends assistance to individuals and their families in managing their illnesses. By providing medication at little or no cost, The Alliance Pharmacy aims to support chronically ill individuals in their healthcare journey.
Official website here: www.thealliancepharmacy.org/
Who is the CEO of Positudes Inc?
Vincent Fusaro is the President of Positudes Inc.
Official website here: www.thealliancepharmacy.org/
What is the revenue of Positudes Inc?
Positudes Inc's revenue in 2022 was $6,401,977.
Official website here: www.thealliancepharmacy.org/
Who are the executives of Positudes Inc and what are their salaries?
The average compensation at Positudes Inc during 2022 was $123,124. There are 7 employees and 10 volunteers at Positudes Inc.
Here are 16 key members and their salaries:
- Compensation: $295,006
- Related: $0
- Other: $28,622
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- Other: $0
- Compensation: $104,012
- Related: $0
- Other: $23,888
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $170,002
- Related: $0
- Other: $58,710
- Compensation: $156,944
- Related: $0
- Other: $9,117
Official website here: www.thealliancepharmacy.org/
Where can I find the form 990 for Positudes Inc?
Positudes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thealliancepharmacy.org/
Learn more at the official website: www.thealliancepharmacy.org/
Mission Statement of Positudes Inc
Positudes Inc Dba The Alliance Pharmacy is dedicated to a mission of providing aid to charitable organizations that focus on assisting individuals with managing their chronic diseases and conducting research to discover cures for these conditions. The pharmacy itself plays a significant role in this mission by assisting individuals and their families in managing their medical care. It achieves this by offering medication to those struggling with chronic illnesses at either little or no cost. In essence, The Alliance Pharmacy functions as a facilitator, generating funds and resources for these charitable organizations and providing direct support to individuals and families affected by chronic diseases.
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Impact
July, 2024
Positudes Inc Dba The Alliance Pharmacy has a significant impact on individuals dealing with chronic illnesses by providing medication at little to no cost. In addition, the pharmacy generates funds for charitable organizations that support the management and research of chronic diseases. By assisting individuals and families in managing their medical care, The Alliance Pharmacy plays a crucial role in improving the quality of life for those affected by chronic illnesses. Their dedication to this cause has a positive ripple effect on the community and the healthcare system as a whole.
This information is meant to be a general summary of Positudes Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $4,072,003
- Gross Receipts: $298,931,259
Assets and Liabilities:
- Total Assets: $47,379,458
- Total Liabilities: $36,139,162
- Net Assets: $11,240,296
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DISTRIBUTION OF PRESCRIPTION
Revenue
$4,072,003
Organization Details
Founding Year
2000
Phone
(516) 876-0100Principal Officer
Vincent Fusaro
Main Address
44 BOND STREET, WESTBURY, NY, 11590
Website
www.thealliancepharmacy.org/NTEE Category
Code: G80 - Disease
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