RWE ALLIANCE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
RWE ALLIANCE INC (EIN 88-2581940)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-07-12
IRS object ID
202401949349300605
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-07-12T07:32:31-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362787513PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CTM CPAS & BUSINESS ADVISORSBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1ONE OVERLOOK POINT SUITE 190AddressLine1Txt
CityLINCOLNSHIRECityNm
State AbbreviationILStateAbbreviationCd
ZIP60069ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN882581940EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RWE ALLIANCE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRWEABusinessNameControlTxt
Phone3125401000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 E RANDOLPH 3115AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS BROWNPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3125401000PhoneNum
Signature2024-07-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstTHOMASPersonFirstNm
Person LastBROWNPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSTEVEN EDELHEIT CPA CVAPreparerPersonNm
PTINP00162168PTIN
Phone8474441040PhoneNum
Preparation2024-07-11PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerTHOMAS KANE BROWNPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 E RANDOLPH ST 3115AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$895,000GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.RWEALLIANCE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2022FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionTHE RWE ALLIANCE IS A COALITION OF REAL-WORLD DATA AND ANALYTICS ORGANIZATIONS WITH A COMMON INTEREST IN HARNESSING THE POWER OF REAL-WORLD EVIDENCE TO INFORM REGULATORY DECISION MAKING TO IMPROVE PATIENTS' LIVES. OUR MEMBERS HAVE DEEP KNOWLEDGE AND EXPERIENCE WORKING WITH HEALTHCARE DATA ACROSS DISEASE AREAS AND PATIENT POPULATIONS.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$540,000PYProgramServiceRevenueAmt
CY Program Service Revenue$895,000CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$540,000PYTotalRevenueAmt
CY Total Revenue$895,000CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$602,460PYOtherExpensesAmt
CY Other Expenses$678,009CYOtherExpensesAmt
PY Total Expenses$602,460PYTotalExpensesAmt
CY Total Expenses$678,009CYTotalExpensesAmt
PY Revenues Less Expenses-$62,460PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$216,991CYRevenuesLessExpensesAmt
Total Assets BOY$364,991TotalAssetsBOYAmt
Total Assets EOY$438,302TotalAssetsEOYAmt
Total Liabilities BOY$427,451TotalLiabilitiesBOYAmt
Total Liabilities EOY$283,771TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$62,460NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$154,531NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE RWE ALLIANCE ENVISIONS A FUTURE IN WHICH DATA FROM ELECTRONIC HEALTH RECORDS, ADMINISTRATIVE CLAIMS AND BILLING DATA, PRODUCT AND DISEASE REGISTRIES, PERSONAL DEVICES, WEARABLES, AND HEALTH APPLICATIONS WILL BE USED TO GENERATE EVIDENCE TO SUPPORT REGULATORY DECISION MAKING RELATED TO MEDICAL PRODUCT SAFETY AND EFFECTIVENESS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$678,009ExpenseAmt
Revenue$895,000RevenueAmt
DescA PROLIFERATION OF NEW DATA SOURCES AND SOPHISTICATED ANALYTIC METHODS ARE HELPING RESEARCHERS TRANSFORM REAL-WORLD DATA (RWD) INTO REAL-WORLD EVIDENCE (RWE) TO ADDRESS IMPORTANT HEALTHCARE QUESTIONS. REGULATORS AND POLICYMAKERS RECOGNIZE THE POWER OF POLICY TO REALIZE THE FULL POTENTIAL OF DATA TO IMPROVE PATIENT CARE AND OUTCOMES. THE RWE ALLIANCE COMMENTS ON THE FDA DRAFT GUIDANCE POLICIES AND PROVIDES RECOMMENDATIONS TO THE FDA BEFORE THEY ISSUE FINAL GUIDANCE PROCEDURES ON VARIOUS ISSUES.Desc
Total Program Service Expenses$678,009TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RWE ALLIANCE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3125401000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1400 E RANDOLPH ST 3115AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
IRENE NUNES
PRESIDENT-UP TO 9/18/235.00Yes (X)Yes (X)$0$0$0
LOWELL SCHILLER
TREASURER & DIRECTOR5.00Yes (X)Yes (X)$0$0$0
MARNI HALL
DIRECTOR1.00Yes (X)$0$0$0
THOMAS DAVID BROWN
PRESIDENT- AS OF 11/6/231.00Yes (X)Yes (X)$0$0$0
LAUREN SILVIS
DIRECTOR1.00Yes (X)$0$0$0
JAVIER JIMENEZ
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1COVINGTON & BURLING LLPBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line11 CITYCENTER 850 10TH STAddressLine1Txt
CityWASHINGTONCityNm
State AbbreviationDCStateAbbreviationCd
ZIP200014956ZIPCd
FieldValueIRS element (for citing)
ServicesLEGAL SERVICESServicesDesc
Compensation$648,644CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescMEMBERSHIP FEESDesc
Business900099BusinessCd
Total Revenue Column$895,000TotalRevenueColumnAmt
Related Or Exempt Func Income$895,000RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$895,000TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$895,000TotalRevenueColumnAmt
Related Or Exempt Func Income$895,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$18,000TotalAmt
Program Services$18,000ProgramServicesAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$485,745TotalAmt
Program Services$485,745ProgramServicesAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$162,899TotalAmt
Program Services$162,899ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$11,365TotalAmt
Program Services$11,365ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$678,009TotalAmt
Program Services$678,009ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$319,991BOYAmt
EOY$278,302EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$45,000BOYAmt
EOY$160,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$364,991BOYAmt
EOY$438,302EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$427,451BOYAmt
EOY$283,771EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$427,451BOYAmt
EOY$283,771EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY-$62,460BOYAmt
EOY$154,531EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$62,460BOYAmt
EOY$154,531EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$364,991BOYAmt
EOY$438,302EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$216,991ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$0PoliticalExpendituresAmt
Volunteer Hours0VolunteerHoursCnt
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (1)AgreeCarryoverPriorYearInd
Dues Assessments$895,000DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$162,899NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$68,610NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$231,509NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$268,500AggregateReportedDuesNtcAmt
Taxable$0TaxableAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 6MEMBERSHIP SHALL BE OPEN TO ANY ORGANIZATION RELATED TO THE HEALTH DATA AND ANALYTICS INDUSTRY THAT IS INTERESTED IN SUPPORTING THE USE OF REAL-WORLD EVIDENCE TO SUPPORT HEALTHCARE AND MEDICAL PRODUCTS, INCLUDING FOR REGULATORY DECISION MAKING.
FORM 990, PART VI, SECTION A, LINE 7ATHE CORPORATION HAS TWO (2) CLASSES OF MEMBERS: EXECUTIVE MEMBERS AND GENERAL MEMBERS. EACH EXECUTIVE MEMBER APPOINTS A DIRECTOR..
FORM 990, PART VI, SECTION A, LINE 7BMEMBERS HAVE THE RIGHT TO ALTER, AMEND, OR REPEAL THE BYLAWS.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW: THE FORM 990 PREPARED BY AN OUTSIDE CPA FIRM IS REVIEWED INTERNALLY BY THE GOVERNING BODY AND LEGAL COUNSEL.
FORM 990, PART VI, SECTION B, LINE 12CANY QUESTIONABLE PRACTICES OR SITUATIONS ARE TO BE REPORTED TO ANY OF THE CO-DIRECTORS IMMEDIATELY. THE POLICY STATES VARIOUS POTENTIAL PROBLEMS AND THE ACCEPTABLE REPORTING METHODS.
FORM 990, PART VI, SECTION C, LINE 19OTHER THAN WHAT IS AVAILABLE FROM THE IRS, GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICIES AND OTHER POLICIES ARE AVAILABLE BY WRITTEN REQUEST ADDRESSED TO THE PRESIDENT OF THE COMPANY AT THE BUSINESS ADDRESS.

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