Overview
What is Community Care Cooperative Inc?
Community Care Cooperative Inc, based in Boston, Massachusetts, is a nonprofit organization made up entirely of 18 Federally Qualified Health Centers (FQHCs). Active since March 1, 2018, they are governed by an FQHC and engage in Medicaid, Medicare, and commercial value-based contracts. With a workforce of 196 employees, Community Care Cooperative Inc continues its mission by renewing its five-year contract with Massachusetts Medicaid in 2022 and developing additional services to support its members and further its objectives.
Official website here: www.communitycarecooperative.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Community Care Cooperative Inc has achieved a notable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score in several categories, the organization demonstrates a commitment to transparency and good governance practices, such as having a majority independent board and comprehensive financial oversight mechanisms.
The nonprofit has an impressive program expense ratio of 95.58%, indicating that the vast majority of its funds are directed towards its programs rather than administrative costs. Furthermore, the organization follows robust policies regarding conflict of interest, whistleblower protections, and document retention, which enhances its credibility and trustworthiness in managing donor funds.
While the organization excels in financial accountability, no significant limitations were noted in the available data, suggesting that Community Care Cooperative Inc maintains a strong operational integrity and positive impact in its service areas.
This AI summary has been generated from information found on Charity Navigator.
Is Community Care Cooperative Inc legitimate?
Community Care Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Care Cooperative 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: $948,824
Professional Fundraising Fees: $0
Other Salaries and Wages: $23,556,518
For more financial information, click here
Official website here: www.communitycarecooperative.org
What is the mission statement of Community Care Cooperative Inc?
Community Care Cooperative Inc, as a Federally Qualified Health Center (FQHC) and Accountable Care Organization (ACO), is dedicated to participating in Medicaid, Medicare, and commercial value-based contracts. Their mission is to develop additional services to support their members and further their mission. In 2022, they renewed their five-year contract with Massachusetts Medicaid. Since March 1, 2018, they have been part of the MassHealth (Massachusetts Medicaid) ACO program, which consists entirely of 18 FQHCs.
Official website here: www.communitycarecooperative.org
Who is the CEO of Community Care Cooperative Inc?
Christina Severin is the CEO of Community Care Cooperative Inc The CEO's salary of Community Care Cooperative Inc is $512,756 and their total compensation is $540,718.
Official website here: www.communitycarecooperative.org
What is the revenue of Community Care Cooperative Inc?
Community Care Cooperative Inc's revenue in 2023 was $109,687,464.
Official website here: www.communitycarecooperative.org
Who are the executives of Community Care Cooperative Inc and what are their salaries?
The average compensation at Community Care Cooperative Inc during 2023 was $77,061. There are 318 employees and 42 volunteers at Community Care Cooperative Inc.
Here are 55 key members and their salaries (Community Care Cooperative Inc's CEO's salary is $512,756 and their total compensation is $540,718):
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- Compensation: $384,503
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- Compensation: $283,363
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- Compensation: $278,402
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- Other: $19,772
- Compensation: $209,275
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- Other: $7,668
Official website here: www.communitycarecooperative.org
Where can I find the form 990 for Community Care Cooperative Inc?
Community Care Cooperative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.communitycarecooperative.org
Learn more at the official website: www.communitycarecooperative.org
Mission Statement of Community Care Cooperative Inc
Community Care Cooperative Inc, a renowned Federal Qualified Health Center (FQHC) and Accountable Care Organization (ACO), is dedicated to improving healthcare access and outcomes for its members through participation in Medicaid, Medicare, and commercial value-based contracts. With a mission to develop and offer additional services that support its community, C3 recently renewed its five-year contract with Massachusetts Medicaid in 2022.
At the heart of its operations, Community Care Cooperative Inc is a committed partner in the Massachusetts healthcare system. Established in 2018, its ACO program has been a driving force behind enhancing the quality and value of healthcare for its members. Made up entirely of 18 Federally Qualified Health Centers, this ACO fosters collaboration and coordination among healthcare providers to deliver comprehensive and integrated services. By focusing on population health, C3 strives to improve health outcomes while reducing the overall cost of care.
Community Care Cooperative Inc is not just a healthcare provider, but a dedicated community partner. Its commitment to its members goes beyond the clinical realm, as it continually strives to offer additional services to further support their needs and enhance their overall wellbeing. With a renewed contract in hand, C3 is poised to continue its mission of enhancing the health and wellbeing of its members through innovative and collaborative healthcare solutions.
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Impact
October, 2024
Community Care Cooperative Inc (C3) plays a significant role in enhancing healthcare access and quality for underserved populations in Massachusetts. As an ACO (Accountable Care Organization) governed by a network of Federally Qualified Health Centers (FQHCs), C3 utilizes value-based care contracts to improve health outcomes for its members enrolled in Medicaid, Medicare, and commercial insurance.
Since launching its MassHealth ACO program in March 2018, C3 has focused on integrating additional services tailored to meet the complex needs of those it serves. By renewing its five-year contract with Massachusetts Medicaid in 2022, C3 demonstrates its commitment to sustainable healthcare delivery that prioritizes patient-centered care.
C3's model emphasizes collaboration among diverse healthcare providers, fostering an environment where comprehensive and coordinated care can thrive. This approach not only improves individual health outcomes but also helps to manage costs effectively, reinforcing the value of preventative care and early intervention. In a landscape where many face barriers to accessing quality healthcare, Community Care Cooperative Inc is making strides to ensure that all members of the community receive the support they need.
This information is meant to be a general summary of Community Care Cooperative 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 2023.
- Investment Income: $1,791,902
- Program Service Revenue: $93,377,544
- Gross Receipts: $109,687,464
Assets and Liabilities:
- Total Assets: $95,073,824
- Total Liabilities: $19,572,278
- Net Assets: $75,501,546
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE REVENUE
Revenue
$64,219,698
EHR AND PHARMACY SERVICES
Revenue
$19,275,878
ACO SHARED SAVINGS
Revenue
$9,724,736
RISK CAPITATION
Revenue
$157,232
Organization Details
Founding Year
2016
Principal Officer
Christina Severin
NTEE Category
Code: E31 - Health
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