Alliance For Senior Health Care Financing Inc

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

EIN: 815462797 ✦ Washington, DC ✦ Designated as a 501(c)(4)

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Overview

What is Alliance For Senior Health Care Financing Inc?

Alliance for Senior Health Care Financing Inc is a nonprofit organization based in Washington D.C., specifically at 1800 M Street NW 500. Their primary mission is to advocate for senior citizens facing health care issues, particularly long-term care, by engaging with the executive branch and members of Congress. To achieve this goal, the alliance educates key stakeholders in the nation's capital about the life settlement industry, aiming to increase awareness of life settlements as a viable solution for seniors seeking creative solutions to health care challenges. In an effort to support seniors, they have developed and advocated for a legislative proposal named Senior Health Planning Accounts (SHPA), which allows seniors to roll over tax-free life insurance policy proceeds into a SHPA, helping them utilize existing assets for healthcare expenses.


Official website here: www.ashcf.org

Is Alliance For Senior Health Care Financing Inc legitimate?

Alliance For Senior Health Care Financing Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Alliance For Senior Health Care Financing 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.ashcf.org

What is the mission statement of Alliance For Senior Health Care Financing Inc?

The Alliance for Senior Health Care Financing Inc. is dedicated to advocating for senior citizens dealing with health care issues. They aim to influence the executive branch and Congress, with the goal of helping Americans secure their long-term care. Additionally, the organization educates key stakeholders in the nation's capital about the life settlement industry. Their objective is to increase awareness of life settlements as a creative solution for seniors seeking to address their health care challenges.


Official website here: www.ashcf.org

Who is the CEO of Alliance For Senior Health Care Financing Inc?

Shawn Smeallie is the Director of Alliance For Senior Health Care Financing Inc.


Official website here: www.ashcf.org

What is the revenue of Alliance For Senior Health Care Financing Inc?

Alliance For Senior Health Care Financing Inc's revenue in 2022 was $0.


Official website here: www.ashcf.org

Who are the executives of Alliance For Senior Health Care Financing Inc and what are their salaries?


Here are 2 key members and their salaries:


Michael Freedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Smeallie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ashcf.org

Where can I find the form 990 for Alliance For Senior Health Care Financing Inc?

Alliance For Senior Health Care Financing Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ashcf.org

Learn more at the official website: www.ashcf.org

Mission Statement of Alliance For Senior Health Care Financing Inc

Alliance for Senior Health Care Financing, Inc., is an advocacy organization committed to championing the causes of senior citizens facing health care challenges. Their mission is to engage with the executive branch and members of Congress, aiming to secure long-term care for Americans. The organization serves as a platform to educate key stakeholders in our nation's capital about the life settlement industry. Their ultimate goal is to boost awareness of life settlements as a creative solution for seniors seeking to address their health care problems. By advocating on behalf of senior citizens, Alliance for Senior Health Care Financing, Inc., aims to make a significant impact on the lives of many older adults in the United States.

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Impact




October, 2024

Alliance For Senior Health Care Financing Inc significantly impacts senior citizens by advocating for their healthcare rights and providing innovative financial solutions to address healthcare costs, particularly long-term care. The organization actively engages with policymakers in Washington, D.C., to raise awareness of the life settlement industry, a financial option that enables seniors to sell their life insurance policies for cash, which can then be used for healthcare expenses.

One of the key initiatives developed by the Alliance is the proposal for Senior Health Planning Accounts (SHPA). This legislative proposal aims to allow seniors to roll over proceeds from life insurance sales into SHPAs tax-free, thereby maximizing their existing assets to cover healthcare costs. This approach not only enhances seniors' financial flexibility but also has the potential to reduce taxpayer burdens related to elder care.

Through education and advocacy, the Alliance empowers seniors with creative solutions to navigate their healthcare challenges, fosters a more informed dialogue among stakeholders in the healthcare landscape, and contributes to the overall betterment of senior citizens’ health and financial security.




This information is meant to be a general summary of Alliance For Senior Health Care Financing 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.

Revenue
$0 (2022)
Expenses
$5,144 (2022)
Efficiency

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: $0
    • Net Assets: $0

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    Organization Details

    Founding Year

    2017

    Principal Officer

    Shawn Smeallie

    Main Address

    1800 M STREET NW 500, WASHINGTON, DC, 20036

    NTEE Category

    Code: P81 - Human services

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