2022-10-05T15:47:28-05:00 2021-12-31 410746749 CLIFTONLARSONALLEN LLP 20 EAST THOMAS ROAD SUITE 2300 PHOENIX AZ 85012 990 2021-01-01 208381131 HEALTH CURRENT HEAL 6026887200 3877 N 7TH STREET 150 PHOENIX AZ 85014 TIM DUNBAR CFO 6026887200 2022-10-04 1 TIM DUNBAR 999009999 MELISSA HANGSLEBEN P00447183 6022662248 2022-10-04 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z MELISSA KOTRYS 3877 N 7TH STREET 150 PHOENIX AZ 85014 33338747 0 X WWW.HEALTHCURRENT.ORG X 2007 AZ HEALTH CURRENT IS THE STATEWIDE HEALTH INFORMATION EXCHANGE (HIE) IN ARIZONA THAT HELPS PARTNERS TRANSFORM CARE BY BRINGING TOGETHER COMMUNITIES AND INFORMATION. THE HIE CONNECTS THE ELECTRONIC HEALTH RECORD (EHR) SYSTEMS OF HEALTHCARE PROVIDERS, ALLOWING THE SECURE SHARING OF PATIENT INFORMATION TO BETTER COORDINATE CARE. SINCE 2007, WE HAVE WORKED TO BECOME ARIZONA'S PRIMARY RESOURCE FOR HEALTH INFORMATION TECHNOLOGY (HEALTH IT) AND EXCHANGE, INTEGRATING INFORMATION WITH THE DELIVERY OF CARE TO IMPROVE THE WELLBEING OF INDIVIDUALS AND COMMUNITIES. 17 17 118 28 0 0 12472165 9296145 4347309 23956784 4754 1818 110000 84000 16934228 33338747 0 0 0 0 8207940 11846085 0 0 0 4645214 7198989 12853154 19045074 4081074 14293673 15390338 23747319 1378145 441653 14012193 23305666 X TO FACILITATE THE DESIGN AND IMPLEMENTATION OF INTEGRATED STATEWIDE HEALTH INFORMATION TECHNOLOGY AND HEALTH INFORMATION EXCHANGE THAT SUPPORTS THE INFORMATION NEEDS OF ALL HEALTHCARE STAKEHOLDERS TO REDUCE HEALTHCARE COSTS, IMPROVE PATIENT SAFETY, AND IMPROVE THE QUALITY AND EFFICIENCY OF HEALTHCARE AND PUBLIC HEALTH IN ARIZONA. 0 0 9000000 0 11981308 HEALTH INFORMATION EXCHANGE ONBOARDING AND OPERATIONS PROGRAM - SUPPORTS THE PARTICIPATION OF ELIGIBLE MEDICAID PROVIDERS IN BIDIRECTIONAL HEALTH INFORMATION EXCHANGE THROUGH HEALTH CURRENT. THE PROGRAM ENABLES ONBOARDING AND IMPLEMENTATION OF NEW PROVIDERS TO THE HIE AND SUPPORTS ONGOING MAINTENANCE AND OPERATIONS OF EXISTING PROVIDERS IN ALIGNMENT WITH MEDICAID INITIATIVES. 4000000 0 6950000 SOCIAL DETERMINANTS OF HEALTH - IN PARTNERSHIP WITH THE ARIZONA HEALTH CARE COST CONTAINMENT SYSTEM (AHCCCS), ARIZONA'S STATE MEDICAID AGENCY, HEALTH CURRENT DEVELOPED A CLOSED LOOP REFERRAL SYSTEM (CLRS) TO ADDRESS SOCIAL DETERMINANTS OF HEALTH (SDOH) NEEDS IN ARIZONA. IN CONCERT WITH AHCCCS, AND IN COLLABORATION WITH 2-1-1 ARIZONA, WHICH IS OPERATED BY SOLARI CRISIS & HUMAN SERVICES, THE TECHNOLOGY SOLUTION LAUNCHED IN 2021, AND MARKS A SIGNIFICANT MILESTONE IN SUPPORTING PROVIDERS, HEALTH PLANS, COMMUNITY-BASED ORGANIZATIONS (CBOS) AND COMMUNITY STAKEHOLDERS IN MEETING THE SOCIAL SERVICE NEEDS OF ARIZONANS. 2237285 0 4378905 DATA MANAGEMENT FEES - THESE ARE FEES THAT ORGANIZATIONS PAY FOR THE ABILITY TO PARTICIPATE IN THE HEALTH INFORMATION EXCHANGE (HIE). IN ADDITION, HIE PARTICIPANTS GAIN ACCESS TO EDUCATIONAL ACTIVITIES INCLUDING EVENTS AND WEBINARS, AS WELL AS UPDATES FROM THE HEALTH INFORMATION TECHNOLOGY (HIT) COMMUNITY. PARTICIPANTS ALSO RECEIVE THE OPPORTUNITY TO CONTRIBUTE TO VARIOUS COUNCILS AND WORKGROUPS RELATING TO HIE. 445000 0 0 EDUCATION & OUTREACH PROGRAM - SUPPORTS PROMOTING INTEROPERABILITY ACTIVITY, INCLUDING ELECTRONIC PRESCRIPTION OF CONTROLLED SUBSTANCES AND SUPPORTING PRESCRIPTION DRUG MONITORING PROGRAM, THROUGH EDUCATION ACTIVITIES AND WORKFLOW SUPPORT. 0 0 730571 OTHER PROGRAM SERVICES CONSIST OF THE ANNUAL SUMMIT, ELECTRONIC CASE REPORTING, ADVANCE DIRECTIVES REGISTRY, AND THE STAR HIE PROGRAM. 445000 0 730571 15682285 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 17 0 118 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 1 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X MELISSA KOTRYS 6026887200 3877 N 7TH STREET 150 PHOENIX AZ 85014 KEITH PARKER LEFT 1121 CHIEF INFORMATION OFFICER 50.00 0.00 X 416673 0 10159 MIKE MOTE CHIEF STRATEGY OFFICER 50.00 0.00 X 389757 0 0 MELISSA KOTRYS CHIEF EXECUTIVE OFFICER 60.00 1.00 X 361875 0 16600 CHRISTY DYE CHIEF BUSINESS DEVELOPMENT OFFICER 50.00 0.00 X 307144 0 7174 SHARON BURDETT CHIEF FINANCIAL OFFICER 50.00 1.00 X 301877 0 12302 CATELYN NGUYEN DIRECTOR, CLIENT SERVICES 45.00 0.00 X 212867 0 11058 STACEY ROCHMAN DIRECTOR, GRANTS & SPECIAL PROJECTS 45.00 0.00 X 189675 0 7799 SEAN SPEER DIRECTOR, INTEGRATION 45.00 0.00 X 188585 0 7512 ED GAMACHE DIRECTOR, DATA MANAGEMENT 45.00 0.00 X 187803 0 6597 MATTHEW ISIOGU SENIOR VP OF INNOVATION 45.00 0.00 X 172334 0 4997 DR PATRICK GUFFEY CHAIR 0.50 1.00 X X 0 0 0 BRIAN TURNER TREASURER 0.50 1.00 X X 0 0 0 SCOTT CUMMINGS TREASURER (THRU 6/21) 0.50 0.00 X X 0 0 0 ADAM BEAN TREASURER (THRU 8/21) 0.50 1.00 X X 0 0 0 JAMI SNYDER SECRETARY 0.50 1.00 X X 0 0 0 DAVID DEXTER DIRECTOR 0.50 1.00 X 0 0 0 NANCY JOHNSON DIRECTOR 0.50 1.00 X 0 0 0 LORRY BOTTRILL DIRECTOR 0.50 1.00 X 0 0 0 SHERILYN JACKSON DIRECTOR 0.50 1.00 X 0 0 0 DONALD KANE DIRECTOR 0.50 1.00 X 0 0 0 HEIDI KEMMER DIRECTOR 0.50 1.00 X 0 0 0 APRIL RHODES DIRECTOR 0.50 1.00 X 0 0 0 DEANNA WISE DIRECTOR 0.50 1.00 X 0 0 0 KELLY SUMMERS DIRECTOR 0.50 1.00 X 0 0 0 ALEXIS SGOUROS DIRECTOR 0.50 1.00 X 0 0 0 STEVE HESS DIRECTOR 0.50 1.00 X 0 0 0 PAULA KAUTZMANN DIRECTOR 0.50 1.00 X 0 0 0 DR MARK RADLAUER DIRECTOR 0.50 1.00 X 0 0 0 CHRIS UNDERWOOD DIRECTOR 0.50 1.00 X 0 0 0 ANN-MARIE ALAMEDDIN DIRECTOR (THRU 6/21) 0.50 0.00 X 0 0 0 DAVID BAKER DIRECTOR (THRU 6/21) 0.50 0.00 X 0 0 0 WILLIAM ELLERT DIRECTOR (THRU 6/21) 0.50 0.00 X 0 0 0 ROY JEDEIKIN DIRECTOR (THRU 6/21) 0.50 0.00 X 0 0 0 FRANK MARINI DIRECTOR (THRU 6/21) 0.50 0.00 X 0 0 0 PAULA MATTINGLY DIRECTOR (THRU 6/21) 0.50 0.00 X 0 0 0 LIBBY MCDANNELL DIRECTOR (THRU 6/21) 0.50 0.00 X 0 0 0 FRED PEET DIRECTOR (THRU 6/21) 0.50 0.00 X 0 0 0 DARLENE TAD-Y DIRECTOR (THRU 8/21) 0.50 1.00 X 0 0 0 2728590 0 84198 34 0 1 0 IDEAS COLLIDE 6125 E INDIAN SCHOOL ROAD SUITE 1 SCOTTSDALE AZ 85251 PROFESSIONAL SERVICES 269200 MCKINSEY & COMPANY 19230 N IBIS WAY MARICOPA AZ 85138 PROFESSIONAL SERVICES 234000 SLAKE CONSULTING 44 W MONROE STREET PHOENIX AZ 85003 PROFESSIONAL SERVICES 181425 CIITIZEN 1400 16TH STREET SAN FRANCISCO CA 94103 PROFESSIONAL SERVICES 139350 4 275000 8140500 880645 9296145 HIE ONBOARDING AND OPERATIONS 561499 11981308 11981308 SOCIAL DETERMINANTS OF HEALTH 561499 6950000 6950000 DATA MANAGEMENT SERVICES 561499 4378905 4378905 ELECTRONIC CASE REPORTING FEES 561499 563000 563000 ANNUAL SUMMIT 900099 83571 83571 23956784 1818 1818 MISCELLANEOUS REVENUE 900099 84000 84000 84000 33338747 24040784 0 1818 1823562 1302463 521099 8254660 6677878 1576782 219411 180000 39411 873596 692960 180636 674856 534854 140002 308321 308321 20650 20650 96356 96356 1822145 1592968 229177 84248 84248 301986 259708 42278 3613906 3587503 26403 310240 266806 43434 54261 54261 201206 201206 288253 247898 40355 MISCELLANEOUS EXPENSES 97417 83780 13637 19045074 15682285 3362789 0 548373 2541436 13278726 17679200 3913 254 1335867 3328467 206637 181140 41608 41608 0 0 16822 16822 15390338 23747319 1371561 441653 6584 1378145 441653 X 13960502 23305666 51691 0 14012193 23305666 15390338 23747319 X 14293673 -5000200 X X 0 1 X 1 0 X 8035701 10687476 10677255 12472165 9296145 51168742 8035701 10687476 10677255 12472165 9296145 51168742 51168742 38725 21455 8007 4754 1818 74759 40021 110000 84000 234021 51477522 44089346 0.99400 0.99500 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 40,021. 2020 AMOUNT: $ 110,000. 2021 AMOUNT: $ 84,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 96356 96356 0 PART II-B, LINE 1: THIS ORGANIZATION HIRED AN OUTSIDE LOBBYIST. 20466 20466 0 21142 21142 0 0 X 33366720 27973 27973 33338747 0 33338747 19073047 27973 27973 19045074 0 19045074 PART X, LINE 2: INCOME TAXES ARE NOT PROVIDED FOR IN THE FINANCIAL STATEMENTS, SINCE HEALTH CURRENT IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION IS SUBJECT TO BOTH FEDERAL AND STATE INCOME TAXES ON INCOME GENERATED FROM UNRELATED BUSINESS INCOME, IF ANY, CONDUCTED THROUGH THE ORGANIZATION. MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2021 AND 2020. X X X X X 1 0 0 0 0 0 0 1 0 KEITH PARKER LEFT 1121 CHIEF INFORMATION OFFICER 253673 0 0 0 163000 0 10159 0 0 0 426832 0 0 0 MIKE MOTE CHIEF STRATEGY OFFICER 317543 0 72214 0 0 0 0 0 0 0 389757 0 0 0 MELISSA KOTRYS CHIEF EXECUTIVE OFFICER 296875 0 65000 0 0 0 11600 0 5000 0 378475 0 0 0 CHRISTY DYE CHIEF BUSINESS DEVELOPMENT OFFICER 272972 0 34172 0 0 0 7174 0 0 0 314318 0 0 0 SHARON BURDETT CHIEF FINANCIAL OFFICER 263560 0 38317 0 0 0 9802 0 2500 0 314179 0 0 0 CATELYN NGUYEN DIRECTOR, CLIENT SERVICES 198394 0 14473 0 0 0 8558 0 2500 0 223925 0 0 0 STACEY ROCHMAN DIRECTOR, GRANTS & SPECIAL PROJECTS 179822 0 9853 0 0 0 5299 0 2500 0 197474 0 0 0 SEAN SPEER DIRECTOR, INTEGRATION 176010 0 12575 0 0 0 7512 0 0 0 196097 0 0 0 ED GAMACHE DIRECTOR, DATA MANAGEMENT 175479 0 12324 0 0 0 6597 0 0 0 194400 0 0 0 MATTHEW ISIOGU SENIOR VP OF INNOVATION 125621 0 46713 0 0 0 4997 0 0 0 177331 0 0 0 PART I, LINE 4A KEITH PARKER RESIGNED FROM CHIEF INFORMATION OFFICER IN NOVEMBER 2021 AND RECEIVED A ONE TIME SEVERANCE PAYMENT OF $163,000. PART I, LINE 7 THE ORGANIZATION HAS A BONUS PLAN WHEREBY METRICS AND CRITERIA ARE SET EARLY IN THE YEAR AND IF CERTAIN MEASURES ARE MET, SOME OR ALL OF THE BONUS FOR THAT YEAR IS PAID IN FEBRUARY OF THE FOLLOWING YEAR. IN ADDITION, TO RECEIVE THE BONUS, THE EMPLOYEE MUST BE EMPLOYED AT THE END OF THE CALENDAR YEAR (DECEMBER 31ST). FORM 990, PART IV, LINE 28: AS A 501(C)(3) ORGANIZATION, HEALTH CURRENT IS COMPRISED OF A VARIETY OF STAKEHOLDERS OF THE HEALTHCARE INDUSTRY (HOSPITALS, INSURANCE FIRMS, PROVIDERS, ASSOCIATIONS). DIRECTORS ARE REQUIRED TO BE IN KEY DECISION-MAKING POSITIONS OF THEIR COMPANIES (CEO, CIO, ETC.). AS SUCH, HEALTH CURRENT IS FREQUENTLY IN THE POSITION TO PROCURE GOODS AND SERVICES FROM DIRECTORS WHOSE BUSINESSES ARE DIRECTLY RELATED TO THE PURPOSE AND MISSION OF HEALTH CURRENT. THESE TRANSACTIONS ARE CONDUCTED AT ARMS-LENGTH AND PROPERLY DOCUMENTED. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD, BY RESOLUTION, SHALL APPOINT AN EXECUTIVE COMMITTEE OF UP TO SIX (6) MEMBERS WHICH SHALL HAVE FULL AUTHORITY TO ACT IN PLACE OF THE BOARD BETWEEN MEETINGS OF THE BOARD IN ALL MATTERS EXCEPT FOR THOSE SPECIFIC MATTERS RESERVED TO THE ENTIRE BOARD BY SECTION 6.2 OF THE BYLAWS. THE MEMBERS OF THE EXECUTIVE COMMITTEE ALL MUST BE DIRECTORS AND MUST BE IN GOOD STANDING. THE BOARD CHAIR SHALL SERVE AS THE CHAIR OF THE EXECUTIVE COMMITTEE, EITHER EX OFFICIO WITHOUT A VOTE UNLESS APPOINTED BY THE BOARD AS ONE OF THE COMMITTEE MEMBERS, AND THEN WITH A VOTE. THE EXECUTIVE COMMITTEE, BY A TWO-THIRDS VOTE, MAY DESIGNATE ANY ACTION AS IMMEDIATELY EFFECTIVE AND SUCH IMMEDIATELY-EFFECTIVE ACTION SHALL NOT REQUIRE OR BE SUBJECT TO BOARD RATIFICATION OR MODIFICATION, EXCEPT AS A SEPARATE SUBSEQUENT ACTION OF THE BOARD. MINUTES OF PROCEEDINGS OF THE EXECUTIVE COMMITTEE SHALL BE PREPARED AND DISTRIBUTED TO ALL DIRECTORS. DURING A LOCAL EMERGENCY, A STATE OF EMERGENCY, OR A STATE OF WAR EMERGENCY, AS DEFINED IN A.R.S. 26-301, THEN NOTWITHSTANDING SECTION 6.2 OF THESE BYLAWS, THE EXECUTIVE COMMITTEE MAY EXERCISE THE AUTHORITY OF THE BOARD REGARDING BOARD AND COMMITTEE VACANCIES AND MEMBERSHIP, ADOPTION OF EMERGENCY BYLAWS AS PROVIDED IN A.R.S. 10-3207, AND COMPENSATION IF A QUORUM OF BOARD CANNOT READILY BE ASSEMBLED. FORM 990, PART VI, SECTION A, LINE 2 BOARD OF DIRECTORS ARE ENGAGED IN BUSINESSES RELATED TO AND COMPATIBLE WITH THE HEALTHCARE INDUSTRY. AS SUCH THEY ARE FREQUENTLY IN THE POSITION TO PROCURE GOODS AND SERVICES FROM EACH OTHER IN THE DAILY OPERATION OF THEIR BUSINESSES. FORM 990, PART VI, SECTION A, LINE 4 THE ARTICLES OF INCORPORATION AND BYLAWS WERE UPDATED TO REFLECT THAT THE ORGANIZATION HAS ONE SOLE MEMBER, CONTEXTURE, A COLORADO NONPROFIT RECOGNIZED AS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE CODE. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE MEMBER. THE SOLE MEMBER OF THE CORPORATION IS CONTEXTURE, A COLORADO NONPROFIT RECOGNIZED AS TAX-EXEMPT UNDER SECTION 501(C)(3) OF THE CODE. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, CONTEXTURE, HAS THE POWER AND AUTHORITY TO APPOINT THE MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER, CONTEXTURE, HAS THE POWER TO AMEND AND RESTATE THE ARTICLES OF INCORPORATION AND BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE THE DRAFT IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT AND ANY CHANGES INCORPORATED INTO THE FILING. ONCE THIS DETAILED REVIEW IS COMPLETE, THE DRAFT OF THE FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE AND BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY EACH DIRECTOR, KEY EMPLOYEE, COUNCIL MEMBER AND WORKGROUP MEMBER FILLS OUT AND SUBMITS A NEW CONFLICT OF INTEREST DISCLOSURE FORM. THE FORM IS REVIEWED BY EXECUTIVE MANAGEMENT/LEADERSHIP TO DENOTE ANY STATED CONFLICTS AND THEN IS KEPT ON FILE FOR THE DURATION OF THE YEAR AND IF ANY CHANGES IN CIRCUMSTANCES OCCUR, AN UPDATED FORM MUST BE SUBMITTED. BOARD REVIEWS/APPROVES AS PART OF CONSENT AGENDA. THE CEO REVIEWS INFORMATION SUBMITTED QUARTERLY TO ENSURE THAT ANY POTENTIAL CONFLICTS ARE ADDRESSED AND THAT ALL PAPERWORK IS UP-TO-DATE. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS DETERMINED BY THE EXECUTIVE COMMITTEE AND APPROVED BY THE ENTIRE BOARD. TOWERS WATSON HAS PROVIDED A BENCHMARK SURVEY FOR ALL EXECUTIVE POSITIONS WHICH IS USED TO DETERMINE IF SALARIES ARE IN PROPER RANGES. THIS IS THEN DOCUMENTED IN THE CEO'S PERSONNEL FILE. THIS PROCESS WAS COMPLETED DURING 2021. NEW OR RECLASSIFIED POSITIONS ARE REVIEWED BY THE SUPERVISOR OF THE HUMAN RESOURCES DEPARTMENT TO EVALUATE THE DUTIES. THE COMPENSATION IS DETERMINED AFTER COMPARING TO SIMILAR POSITIONS USING A VARIETY OF CORPORATE, NON PROFIT AND GOVERNMENTAL INFORMATION. IN EARLY 2021, THE EMPLOYERS COUNCIL PREPARED A COMPREHENSIVE SALARY ANALYSIS OF ALL POSITIONS WITHIN THE ORGANIZATION. PAY RANGES WERE ESTABLISHED AN ADJUSTMENTS WERE MADE AS NECESSARY. THIS IS THEN DOCUMENTED IN THE EMPLOYEE'S PERSONNEL FILE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CAPITAL TRANSFER TO PARENT -5,000,200. FORM 990, PAGE 12, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN EITHER THE OVERSIGHT PROCESS OR THE SELECTION PROCESS DURING THE TAX YEAR. CONTEXTURE 4500 CHERRY CREEK S DRIVE STE 820 DENVER CO 80246 862878952 HEALTH INFORMATION AND TECHONOLOGY CO 501(C)(3) LINE 10 N/A 0 COLORADO REGIONAL HEALTH INFORMATION ORGANIZATION 4500 CHERRY CREEK S DRIVE STE 820 DENVER CO 80246 300558038 HEALTH INFORMATION AND TECHONOLOGY CO 501(C)(3) LINE 7 CONTEXTURE 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 CONTEXTURE R 5000200 CASH COLORADO REGIONAL HEALTH INFORMATION ORGANIZATION C 275000 CASH