Partners Cooperative, Inc.
Legal name: Partners Cooperative Inc
Nonprofit profile at a glance
- EIN
- 161644265
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Atlanta, GA, United States
- Phone
- 6788427300
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Nonmonetary Support N.E.C.
Reported finances
- Revenue
- $86,908,565
- Expenses
- $86,908,565
- Assets
- $48,802,085
- Liabilities
- $47,810,292
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
83 people listed
Executive titles in this filing
- DANE HENRY (PRESIDENT & CEO)
Highest reported compensation
- DANE HENRY (PRESIDENT & CEO): $1,177,082 total reported compensation
- ROY B GILLELAND (DIRECTOR): $433,777 total reported compensation
- KAREN WOOD (SENIOR CONTRACT ANALYST): $246,126 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Partners Cooperative, Inc is a Non-Profit Health System Shared Services Cooperative strengthening Member Health System efficiency and performance through Collective Solutions
What it reported doing in 2024
Negotiate purchase contracts with suppliers and distribute margin to members based on patronage.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Member-benefit provider. The nonprofit used 93% of its reported program spending for member benefits.
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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 82
- Accountability: 95
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.9%; rating input score 98
- Program expense ratio: 98.5%; rating input score 98
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 0.56; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.98; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 3%; rating input score 37; 37th percentile among comparable filings
Growth
- Program expense growth: 15.3% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 15.1% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 19.6% per year; rating input score 100; 92nd percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 97.9% of revenue deployed · 98.5% of spending went to programs
- Governance: 76 of 76 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $85.6M in reported program spending
- Leadership: top reported pay $1.2M · 83 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $170K reported
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 29/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Review — Accountability: Governance controls: Audit committee oversight not reported.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Moderate — Sustainability: Officer compensation ratio scored 37/100.