2024-11-11T16:23:28-06:00 2023-12-31 420714325 RSM US LLP 919 EAST MAIN STREET SUITE 1800 RICHMOND VA 23219 990 2023-01-01 872622250 ADVANCIUM HEALTH NETWORK ADVA 2125838281 345 PARK AVENUE SOUTH NEW YORK NY 10010 MARK VEICH CEO 2125838281 2024-11-11 1 0 MEREDITH BELL P01696827 8042822121 2024-11-11 2023 2024-10-15 13:58:12Z MARK VEICH 345 PARK AVENUE SOUTH NEW YORK NY 10010 16970829 0 X ADVANCIUMHEALTH.ORG X 2021 DE ADVANCIUM HEALTH NETWORK IS A MISSION-DRIVEN CHARITABLE ORGANIZATION COMMITTED TO ELIMINATING BARRIERS IN HEALTHCARE THROUGH A UNIQUE MODEL THAT COMBINES THE EXPERTISE OF FOR-PROFIT LEADERSHIP WITH NON-PROFIT MOTIVATIONS. THROUGH THE SUPPORT OF OUR PARTNERS, INDUSTRY EXPERTS, AND CHARITABLE DONORS, WE'RE TACKLING HEALTHCARE'S MOST CHALLENGING GAPS AND UNMET NEEDS ACROSS THE INDUSTRY - FROM EARLY-STAGE INNOVATION, TO PEDIATRICS AND RARE DISEASE. ADVANCIUM HEALTH NETWORK IS COMMITTED TO A POSITIVE IMPACT ON HUMAN HEALTH. 6 6 6 6 0 0 3430000 16883964 0 0 74 1015 0 82358 3430074 16967337 1315000 1053494 0 0 591147 1546940 0 0 230096 1180830 2700560 3086977 5300994 343097 11666343 417585 17991568 87517 5995157 330068 11996411 ADVANCIUM HEALTH NETWORK IS A MISSION-DRIVEN CHARITABLE ORGANIZATION COMMITTED TO ELIMINATING BARRIERS IN HEALTHCARE THROUGH A UNIQUE MODEL THAT COMBINES THE EXPERTISE OF FOR-PROFIT LEADERSHIP WITH NON-PROFIT MOTIVATIONS. 0 0 2317774 1053494 ADVANCIUM HEALTH NETWORK IS A MISSION-DRIVEN CHARITABLE ORGANIZATION COMMITTED TO ELIMINATING BARRIERS IN HEALTHCARE THROUGH A UNIQUE MODEL THAT COMBINES THE EXPERTISE OF FOR-PROFIT LEADERSHIP WITH NON-PROFIT MOTIVATIONS. THROUGH THE SUPPORT OF OUR PARTNERS, INDUSTRY EXPERTS, AND CHARITABLE DONORS, WE'RE TACKLING HEALTHCARE'S MOST CHALLENGING GAPS AND UNMET NEEDS ACROSS THE INDUSTRY - FROM EARLY-STAGE INNOVATION, TO PEDIATRICS AND RARE DISEASE. ADVANCIUM HEALTH NETWORK IS COMMITTED TO A POSITIVE IMPACT ON HUMAN HEALTH. 2317774 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 9 0 1 6 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X MARK VEICH CEO 2125838281 345 PARK AVENUE SOUTH NEW YORK NY 10010 MARK VEICH PRESIDENT 1.00 X X 0 0 0 JEFFREY KAPLAN TREASURER 1.00 X X 0 0 0 OLIVIER ELEMENTO SECRETARY 1.00 X X 0 0 0 LAURIE ZEPHYRIN DIRECTOR 1.00 X 0 0 0 MICHELE CLEARY DIRECTOR 1.00 X 0 0 0 RON MITCHELL DIRECTOR 1.00 X 0 0 0 SHAWN DAVIS SVP & COO 40.00 X 584175 0 26545 CONSTANCE WILLIAMS DIRECTOR, CIL (UNTIL 7/23) 40.00 X 243309 0 14666 EMMA MORAN EVANS DIRECTOR, COBICURE MEDTECH 40.00 X 197394 0 15939 JYOTI PATEL DIRECTOR, BUSINESS OPERATIONS & MARKETING 40.00 X 171341 0 14282 LINDSEY REYNOLDS DIRECTOR, FINANCE 40.00 X 103631 0 9769 1299850 0 81201 5 0 1 0 MORGAN LEWIS & BOCKIUS LLP PO BOX 0500 S-6050 PHILADELPHIA PA 19178 LEGAL SERVICES 670813 CERADINI BRAND DESIGN 417 GRAND STREET BROOKLYN NY 11211 BRANDING CONSULTING 301157 CORIDEA 345 PARK AVENUE SOUTH NEW YORK NY 10010 SCIENTIFIC CONSULTING 234003 SABERIN CREATIVE LLC 325 OSER AVENUE HAUPPAUGE NY 11788 WEBSITE HOSTING 154303 HARMONIZED MARKETING LLC 400 E 66TH STREET NEW YORK NY 10065 BRANDING CONSULTING 152583 7 16883964 16883964 1068 1068 3439 3492 -53 -53 -53 EVENT SPONSORSHIPS 900099 82358 82358 82358 16967337 0 0 83373 1053494 1053494 610720 610720 781455 432155 349300 13857 6168 7689 64493 22816 41677 76415 31871 44544 700516 700516 119777 119777 356659 59675 126984 170000 477528 477528 28328 2202 25079 1047 258946 187611 71335 139257 7633 105767 25857 127115 20224 87160 19731 99681 99681 SCIENTIFIC ADVISORY SER 234003 234003 ENVIRONMENTAL HEALTH & 61086 61086 DUES AND SUBSCRIPTIONS 29700 9821 6418 13461 PAYROLL PROCESSING FEES 14864 6576 8288 53100 53100 5300994 2317774 2753124 230096 90389 408497 16089 1598125 0 3621470 311107 326479 12036997 0 0 12036997 0 0 417585 17991568 87517 5731157 0 264000 87517 5995157 X 330068 11269104 727307 330068 11996411 417585 17991568 11666343 0 X X 0 1 X 1 0 X 50000 3430000 16883964 20363964 50000 3430000 16883964 20363964 7385942 12978022 74 1068 1142 82358 82358 20447464 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8284268 8284268 3257044 3257044 495685 495685 12036997 X 17198331 230994 230994 16967337 0 16967337 5531988 230994 230994 5300994 0 5300994 PART X, LINE 2: THE ORGANIZATION BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. 1 POLYVASCULAR INC 6501 NAVIGATION BLVD SUITE O2 HOUSTON TX 77011 471238096 FOR PROFIT 703494 0 RESEARCH AND DEVELOPMENT THE CHILDREN'S HOSPITAL OF PHILADELPHIA FOUNDATION 3401 CIVIC CENTER BLVD PHILADELPHIA PA 19104 232237932 501(C)(3) 350000 0 RESEARCH AND DEVELOPMENT 1 1 PART I, LINE 2: THE ORGANIZATION REQUIRES GRANTEES TO ADHERE TO SPECIFIED TERMS AND CONDITIONS FOR EACH AWARDED PROGRAM, INCLUDING THE SUCCESSFUL COMPLETION OF MILESTONES. THE DISBURSEMENT OF FUNDS IS CONTINGENT ON ACCEPTANCE OF GRANT TERMS AND DOCUMENTED PROGRESS OF SATISFYING APPLICABLE MILESTONES. X 1 1 1 0 0 0 0 0 0 1 0 SHAWN DAVIS SVP & COO 416175 0 168000 0 0 0 6600 0 19945 0 610720 0 0 0 CONSTANCE WILLIAMS DIRECTOR, CIL (UNTIL 7/23) 148809 0 0 0 94500 0 2906 0 11760 0 257975 0 0 0 EMMA MORAN EVANS DIRECTOR, COBICURE MEDTECH 164394 0 33000 0 0 0 2860 0 13079 0 213333 0 0 0 JYOTI PATEL DIRECTOR, BUSINESS OPERATIONS & MARK 142572 0 28769 0 0 0 0 0 14282 0 185623 0 0 0 PART I, LINE 1A ADVANCIUM IS COMMITTED TO FOSTERING A HEALTHY AND PRODUCTIVE WORK ENVIRONMENT FOR ITS EMPLOYEES. AS PART OF THIS COMMITMENT, THE ORGANIZATION PROVIDES HEALTH CLUB DUES FOR ITS STAFF. THIS EXPENSE IS REPORTED AS PART OF THE OVERALL COMPENSATION PACKAGE FOR EMPLOYEES, IN COMPLIANCE WITH IRS GUIDELINES. ADVANCIUM BELIEVES THAT INVESTING IN THE HEALTH OF ITS EMPLOYEES IS A STRATEGIC DECISION THAT ALIGNS WITH ITS MISSION AND OPERATIONAL GOALS. PART I, LINE 4A THE FOLLOWING INDIVIDUAL RECEIVED A SEVERANCE PAYMENT WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III): CONSTANCE WILLIAMS - $94,500 PART I, LINE 7 THE PRESIDENT PAID REASONABLE DISCRETIONARY BONUSES BASED ON STAFF PERFORMANCE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT REVIEWED AND APPROVED THE FORM 990 IN DETAIL. IT WAS THEN SENT TO THE FULL BOARD FOR APPROVAL BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY APPLIES TO DIRECTORS, OFFICERS, COMMITTEE MEMBERS, AND KEY EMPLOYEES WHO ARE REQUIRED TO ANNUALLY REVIEW AND ACKNOWLEDGE THEIR COMPLIANCE WITH THE POLICY. SUCH INDIVIDUALS ALSO COMPLETE AN ANNUAL DISCLOSURE FORM OF RELEVANT FINANCIAL AND BUSINESS INTERESTS, AND HAVE AN ONGOING DUTY TO DISCLOSE ANY POTENTIAL INTERESTS IN A TRANSACTION UNDER CONSIDERATION BY THE BOARD OF DIRECTORS. INTERESTED PERSONS ARE RECUSED FROM CONSIDERATION OF AND VOTING ON ANY TRANSACTION IN WHICH THEY HAVE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. COBICURE LLC 345 PARK AVENUE SOUTH NEW YORK NY 10010 MEDICAL RESEARCH NY 2000000 5649845 ADVANCIUM HEALTH NETWORK INC CURE INNOVATION LABS LLC 345 PARK AVENUE SOUTH NEW YORK NY 10010 MEDICAL RESEARCH NY 11269104 26635366 ADVANCIUM HEALTH NETWORK INC LUKA SHAI FOUNDATION LLC 345 PARK AVENUE SOUTH NEW YORK NY 10010 MEDICAL RESEARCH NY 533108 582651 ADVANCIUM HEALTH NETWORK INC