Overview
What is Healthcare Alternatives?
Healthcare Alternatives, operating under the name HCAN, is a nonprofit organization situated in Virginia Beach, Virginia. With a modest workforce of four individuals, their primary mission is to provide an affordable alternative to expensive healthcare for indigent and uninsured individuals who cannot afford the full costs of traditional care. By doing so, Healthcare Alternatives has extended healthcare services to a significant number of patients, enabling them to receive necessary medical attention at little to no out-of-pocket expenses.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Healthcare Alternatives has received a Two-Star out of Four Star rating with an overall score of 60%. This rating highlights significant concerns regarding the organization's accountability and financial transparency, despite having an independent board that consists entirely of independent members. The organization exhibits a strong program expense ratio of 91.99%, indicating that a high portion of its funds is directed toward its programs rather than administrative costs.
However, the nonprofit has multiple weaknesses that contribute to its low rating. It lacks financial statements and essential policies, such as a conflict of interest policy and a whistleblower policy, which are critical for ensuring transparency and accountability. Additionally, the absence of a website listed on tax forms and missing tax documents on its own website further detract from its credibility.
Overall, while Healthcare Alternatives demonstrates a commitment to its mission through financial practices that prioritize program spending, the lack of essential governance documents and transparency measures pose significant challenges that need to be addressed for potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Healthcare Alternatives legitimate?
Healthcare Alternatives is a legitimate nonprofit organization registered as a 501(c)(3) entity. Healthcare Alternatives 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Healthcare Alternatives?
Healthcare Alternatives, as an organization, is committed to offering an affordable alternative to expensive healthcare services for individuals who are indigent or uninsured and cannot afford the full costs of traditional care. This mission is reflected in their activities, which aim to provide healthcare to a substantial number of patients, often at little to no out-of-pocket costs for them. The organization's mission is essentially about extending healthcare accessibility to those who are financially disadvantaged, thereby bridging the gap in healthcare affordability.
Who is the CEO of Healthcare Alternatives?
Robert Maroon is the President of Healthcare Alternatives.
What is the revenue of Healthcare Alternatives?
Healthcare Alternatives's revenue in 2022 was $600,924.
Who are the executives of Healthcare Alternatives and what are their salaries?
There are 4 employees at Healthcare Alternatives.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Healthcare Alternatives?
Healthcare Alternatives's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Healthcare Alternatives
Healthcare Alternatives, as a nonprofit organization, is committed to providing an affordable alternative to expensive healthcare for indigent and uninsured individuals who cannot afford the full costs of traditional medical care. This mission is at the heart of their operations, aiming to ensure that everyone has access to essential medical services, regardless of their financial situation. Through their efforts, Healthcare Alternatives has successfully offered healthcare services to a substantial number of patients, often at little to no out-of-pocket costs to them. This dedication to affordable healthcare has made a significant impact on the lives of many, enabling them to receive necessary medical care without facing prohibitive expenses.
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Impact
July, 2024
Healthcare Alternatives has made a significant impact by providing an alternative to expensive healthcare for indigent and uninsured individuals who are unable to afford the full costs of traditional care. By offering healthcare services to a large number of patients at little to no out-of-pocket costs, Healthcare Alternatives has helped improve access to vital medical services for those in need. This organization's efforts in Virginia Beach, VA, have played a crucial role in addressing healthcare disparities and ensuring that vulnerable populations receive the care they require.
This information is meant to be a general summary of Healthcare Alternatives. 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: $600,924
- Gross Receipts: $600,924
Assets and Liabilities:
- Total Assets: $261,462
- Total Liabilities: $0
- Net Assets: $261,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT CARE
Revenue
$600,924
Organization Details
Founding Year
2007
Principal Officer
Robert Maroon
Main Address
213A 61ST ST, Virginia Beach, VA, 23451
NTEE Category
Code: E86 - Health
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