Heath Alliance for Care Inc
Nonprofit profile at a glance
- EIN
- 223395211
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2011, Form 990-EZ 2024
- Location
- Hackettstown, NJ, USA
- Phone
- 9088524801
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Health - General and Rehabilitative N.E.C.
Reported finances
- Revenue
- $6,000
- Expenses
- $15,425
- Assets
- $14,807
- Liabilities
- $2,911
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- PETER R VAN BRUNT (PRESIDENT)
- ROBERT GALLAGHER (VICE PRESIDENT)
People named in this filing
- PETER R VAN BRUNT (PRESIDENT)
- ROBERT GALLAGHER (VICE PRESIDENT)
- PAUL TOMKINS (TREASURER (THROUGH 04/22/25))
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
Heath alliance has been organized exclusively for the benefit of, to perform the functions of, and to carry out the purposes of heath village, inc., which is a New Jersey nonprofit corporation having heath alliance as the sole corporate member. Heath village is a retirement community providing independent living, residential health care and skilled nursing care. Heath alliance nominates and elects the trustees of the board of every subsidiary; provided that a majority of the trustees of the heath village board shall simultaneously be trustees of heath alliance. Heath alliance also appoints the chief executive officer who is employed by heath village, is a trustee of the board of each subsidiary, and is responsible for the management and operation of all subsidiaries.heath alliance reviews and approves the following for all subsidiaries: annual and long-term capital and operating budgets and makes any changes therein; any contract or transaction which was not provided for in the budgets; any new, or changes to any existing, strategic plan; any transaction that requires a certificate of need or any other governmental authorization; any plan of dissolution; any transaction providing for the sale, lease, exchange, mortgage, pledge, or creation of a security interest in or other disposition of all or substantially all of its assets; adoption of a plan of merger or consolidation with another corporation; amendments to the subsidiary bylaws; the organization or acquisition of any affiliate or subsidiary; and any contributions, grants, or loans to any other organization or corporation other than heath alliance. The heath alliance for care board may also perform the duties of a subsidiary board if that board does not act for any reason. During the fiscal year ending june 30, 2025, heath alliance for care managed the operations of both subsidiaries, heath village and the house of the holy comforter. Heath alliance continues to oversee the future development of a continuing care retirement community that will be located adjacent to the skilled nursing facility on the heath village campus. The organization also dissolved the house of the holy comforter during the fiscal year.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 66.9%; rating input score 67
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -157.1%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.96; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 142.3% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: -27.7% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 66.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 3 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.