Overview
What is Clny Alliance Inc?
Clny Alliance Inc is a cooperative nonprofit organization based in Westbury, New York, with the address 972 Brush Hollow Rd, 5th Floor, ZIP code 11590. Their primary mission is to support tax-exempt member hospitals by offering high-quality laboratory services while achieving significant cost savings for them. As a cooperative, Clny Alliance enables its members to benefit from economies of scale and collaborative efforts, ultimately enhancing the overall quality of laboratory services. The organization's structure allows its tax-exempt member hospitals to pool their resources and expertise, contributing to a more efficient and effective healthcare system.
Official website here: www.northwell.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Clny Alliance Inc has received a two-star rating from Charity Navigator, indicating areas for improvement, particularly in accountability and financial management. The organization scored 73% overall, reflecting a solid commitment to program expenses, with 93.12% of their resources allocated to programs. However, their financial health is concerning, as indicated by a liabilities-to-assets ratio of 96.52%, suggesting potential financial instability.
The organization demonstrates some strengths in governance, with an independent board size that achieved full points. Additionally, they have policies in place for conflict of interest, whistleblower protection, and document retention, reflecting good practices in transparency and accountability. However, the low percentage of independent board members (28%) raises questions about governance and oversight.
A significant limitation noted is the absence of their tax form on the nonprofit's website, which could hinder transparency regarding financial operations. While Clny Alliance Inc shows strong programmatic commitment, the financial ratios and board composition suggest that the organization has critical areas to address to enhance its overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Clny Alliance Inc legitimate?
Clny Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clny Alliance 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.northwell.edu
What is the mission statement of Clny Alliance Inc?
Clny Alliance Inc is a cooperative organization designed to benefit its tax-exempt member hospitals. By pooling their resources and operating as a cooperative, these hospitals can achieve substantial cost reductions without compromising the quality of their laboratory services. The alliance enables its members to pool their purchasing power, resulting in economies of scale and lower costs. The cooperative structure also ensures that the member hospitals continue to receive high-quality laboratory services. Clny Alliance Inc is committed to helping its members streamline their operations and enhance their capabilities to provide optimal healthcare services. Through collective efforts, the organization seeks to empower its members to effectively manage their laboratory services and improve overall healthcare delivery.
Official website here: www.northwell.edu
Who is the CEO of Clny Alliance Inc?
Michael J Dowling is the Principal Officer of Clny Alliance Inc. The CEO's salary of Clny Alliance Inc is $0 and their total compensation is $773,335.
Official website here: www.northwell.edu
What is the revenue of Clny Alliance Inc?
Clny Alliance Inc's revenue in 2022 was $92,129,724.
Official website here: www.northwell.edu
Who are the executives of Clny Alliance Inc and what are their salaries?
Here are 14 key members and their salaries (Clny Alliance Inc's CEO's salary is $0 and their total compensation is $773,335):
- Compensation: $0
- Related: $3,797,212
- Other: $61,175
- Compensation: $0
- Related: $1,628,772
- Other: $75,114
- Compensation: $0
- Related: $1,581,808
- Other: $75,053
- Compensation: $0
- Related: $1,222,834
- Other: $75,114
- Compensation: $0
- Related: $1,154,884
- Other: $64,794
- Compensation: $0
- Related: $1,150,407
- Other: $63,166
- Compensation: $0
- Related: $988,070
- Other: $61,418
- Compensation: $0
- Related: $930,136
- Other: $61,459
- Compensation: $0
- Related: $840,217
- Other: $34,150
- Compensation: $0
- Related: $698,221
- Other: $75,114
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.northwell.edu
Where can I find the form 990 for Clny Alliance Inc?
Clny Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.northwell.edu
Learn more at the official website: www.northwell.edu
Mission Statement of Clny Alliance Inc
Clny Alliance Inc, a tax-exempt cooperative hospital services corporation, is dedicated to benefiting its tax-exempt member hospitals. Operating as a cooperative, Clny Alliance enables its members to achieve substantial cost reductions while continuing to receive top-notch laboratory services.
In essence, Clny Alliance functions as a unified entity for its hospital members, facilitating economies of scale and sharing resources to ensure they can provide superior laboratory services without the burden of excessive costs. By working together, these hospitals can pool their resources and leverage their collective bargaining power to secure better deals, ultimately passing on the savings to their own institutions and the communities they serve. Clny Alliance's mission is to empower its members to thrive in the competitive healthcare landscape, ensuring they can continue to deliver high-quality care to their patients.
Through its cooperative structure, Clny Alliance enables its tax-exempt member hospitals to overcome financial challenges and maintain their focus on providing exceptional patient care. With the cost savings achieved through the cooperative, hospitals can reinvest in their facilities, technology, and staff, ensuring they remain at the forefront of medical advancements and can offer the latest treatments to their patients. Clny Alliance serves as a vital partner to its member hospitals, helping them navigate the complexities of the healthcare industry and providing them with the tools they need to succeed.
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Impact
October, 2024
Clny Alliance Inc plays a vital role in enhancing the operational efficiency of tax-exempt hospitals by functioning as a cooperative hospital services organization. By leveraging collective resources, member hospitals benefit from significant cost reductions while maintaining high-quality laboratory services. This collaborative model not only improves financial sustainability for its members but also ensures that they can continue to provide essential health services to their communities. The alliance fosters a sense of unity among the hospitals, allowing them to share best practices and innovations in healthcare delivery, ultimately leading to better patient outcomes. Located in Westbury, NY, Clny Alliance Inc stands as a critical support system for its member hospitals, enabling them to navigate the complexities of healthcare costs without compromising on quality.
This information is meant to be a general summary of Clny Alliance 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: $92,129,724
- Gross Receipts: $92,129,724
Assets and Liabilities:
- Total Assets: $12,199,202
- Total Liabilities: $11,775,527
- Net Assets: $423,675
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER OUTREACH SERVICES
Revenue
$92,129,724
Organization Details
Founding Year
2013
Phone
(516) 321-6058Principal Officer
Michael J Dowling
Main Address
972 BRUSH HOLLOW RD 5TH FL, WESTBURY, NY, 11590
Website
www.northwell.eduNTEE Category
Code: E19 - Health
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