2012-04-27T13:08:24-05:00 2011-06-30 Berry Dunn McNeil & Parker LLC PO Box 1100 Portland ME 041041100 990 2010-07-01 043027064 Yankee Alliance Supply Chain Cooperative Inc YANK 9784702000 138 River Road Andover MA 018101083 Keith Hovan 9784702000 2012-04-10 1 Barbara J McGuan CPA 2077752387 2012-04-09 2010 2016-02-24 21:20:13Z James Oliver 138 River Road Andover MA 018101083 13008710 0 X www.yankeealliance.com X 1988 MA Group purchasing activities for acute care providers 10 10 0 0 0 0 167919 58891 11384186 12935694 30589 14125 0 0 11582694 13008710 0 0 0 0 0 0 0 0 0 7481846 7761453 7481846 7761453 4100848 5247257 5652419 7890247 3968585 5279156 1683834 2611091 X Co-operative hospital service organization that provides group purchasing services to nonprofit acute health care providers. 0 0 1519882 271500 Hospital Supply Chain Analytics Services - Yankee Alliance Supply Chain Cooperative, Inc. supply chain analytics programs provide patron-hospitals with insight into product utilization and price with the goal of implementing industry best practices that support quality of care and the reduction of supply chain expense. Supply chain analytics services provide analysis and recommendations in four specific areas: (1) Identifies opportunities for members to improve product prices by accessing available contracts, (2) Suggests areas to standardize products resulting in less variability of care and lower cost, (3) Benchmarks product prices against a national database to identify opportunities to improve product pricing and (4) Recommends best practices for product utilization that result in less variability and lower cost of care. During fiscal year ended 06/30/2011 patron hospitals were able to document savings from Supply Chain Analytics Programs of $10,337,000 plus an additional $38,472,000 of related savings for implementation in fiscal year 06/30/2012. 4021847 12664194 Hospital Group Purchasing - The group purchasing programs offered by Yankee Alliance Supply Chain Cooperative, Inc. provides patron-hospitals access to a wide range of portfolio options including but not limited to negotiated contracts for the purchase of food, pharmaceuticals, and medical/surgical products. During the fiscal year ended 06/30/2011 patron-hospitals were able to document contract-related savings of $20,030,000 plus an additional $9,387,000 of contract related savings for implementation in fiscal year ended 06/30/2012. 441317 0 Hospital Breakthrough Series Collaborative - Yankee Alliance Supply Chain Cooperative, Inc. provides services to patron-hospitals in multiple areas that serve to improve clinical processes and reduce supply chain expense (purchasing) without negatively impacting the quality of patient care. Patron-hospitals work together to identify and implement supply chain cost savings through peer group networking and information sharing. These programs bring patron-hospitals together to enable members to collaborate on best practices (clinical and supply chain) and to learn how to implement both clinical and operational (supply chain) best practices. Yankee members that participated in the Orthopedics and Cardiovascular services were able to document savings of approximately $2,172,000 in the fiscal year ended 06/30/2011, plus an additional $16,443,000 of related savings for implementation in fiscal year 06/30/2012. 5983046 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 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 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X James Oliver President 9784702000 138 River Road Andover MA 01810 Norman Dascher 0.50 X X 0 0 0 Dale Lodge 0.50 X X 0 0 0 David Kruczlnicki 0.50 X X 0 0 0 John Day 0.50 X 0 0 0 Steve Guimond 0.50 X 0 0 0 John Evans 40.00 X 0 177074 26703 Cathy Spinney 24.00 X 0 207873 28617 Thomas Wright 40.00 X 0 210725 28774 Jody Daniels 36.00 X 0 210766 27845 Keith Hovan 0.50 X 0 0 0 David Lincoln 0.50 X 0 0 0 Paul Milton 0.50 X 0 0 0 Christopher O'Connor 0.50 X 0 0 0 David Phelps 0.50 X 0 0 0 Richard Silveria 0.50 X 0 0 0 James Oliver 24.00 X 0 440898 31105 Charles Manning 36.00 X 0 224622 29983 0 1471958 173027 0 0 1 0 Yankee Alliance Inc 138 River Road Andover MA 01810 Management Services 5291698 1 58891 58891 Group Purchasing 900099 12548703 12548703 DDS Income 900099 271500 271500 Annual Meeting Income 900099 115491 115491 12935694 14125 14125 13008710 12935694 0 14125 520700 401390 119310 45121 45121 18900 18900 5380185 3953600 1426585 4851 4851 110015 82302 27713 17567 12227 5340 258484 176549 81935 156677 156677 164420 155753 8667 115368 80296 35072 16161 11248 4913 Membership Fees 950004 950004 Training 3000 3000 7761453 5983046 1778407 0 902614 2295388 1560713 1574837 2953098 3702062 65450 66075 170544 251885 5652419 7890247 620147 959156 3348438 4320000 3968585 5279156 X 1683834 2611091 1683834 2611091 5652419 7890247 X 5247257 -4320000 X X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Distributions Payable 4320000 4320000 13008710 7761453 5247257 -4320000 -4320000 927257 12988710 0 12988710 20000 20000 13008710 7741453 0 7741453 20000 20000 7761453 Part XI, Line 8 - Other Adjustments: Distributions to Members: -$4,320,000 Part XII, Line 4b - Other Adjustments: DDS Program Expenses: $20,000 Part XIII, Line 4b - Other Adjustments: DDS Program Expenses: $20,000 X X X X 0 0 0 0 0 0 0 0 0 John Evans 0 161252 0 14554 0 1268 0 7368 0 19335 0 203777 0 0 Cathy Spinney 0 197368 0 10000 0 505 0 8752 0 19865 0 236490 0 0 Thomas Wright 0 198088 0 10000 0 2637 0 9026 0 19748 0 239499 0 0 Jody Daniels 0 178781 0 10000 0 21985 0 9152 0 18693 0 238611 0 0 James Oliver 0 291846 0 103950 0 45102 0 11025 0 20080 0 472003 0 0 Charles Manning 0 196310 0 10000 0 18312 0 9643 0 20340 0 254605 0 0 Supplemental Information Part III The Organization has no employees, and does not pay compensation to its officers and directors. The Organization's president is the CEO of Yankee Alliance, Inc. and is compensated by Yankee Alliance, Inc. for services performed as an employee of that organization. The CEO's salary is reviewed annually and also compared to a market survey performed by an outside firm, and is geared toward the 50th percentile. The CEO's salary is determined by the compensation committee of the board of directors of Yankee Alliance, Inc. Form 990, Part VI, Section A, line 6 Membership consists of certain hospitals which are described in Section 501(c)(3) of the Internal Revenue Code which are exempt from taxation under Section 501(a) of the Internal Revenue Code; a hospital which is a constituent part of an organization described in Section 501(c)(3) of the Internal Revenue Code which is exempt from taxation under Section 501(a) of the Internal Revenue Code and which, if organized and operated as a separate entity, would constitute an organization described in Section 501(c)(3) of the Internal Revenue Code; and hospitals that are owned and operated by the United States, a State, or a political subdivision or an agency or instrumentality of any of the foregoing. Form 990, Part VI, Section A, line 7a Class A members have the right to designate and appoint one individual to serve as a director. Form 990, Part VI, Section B, line 11 Form 990 is reviewed internally by the Organization's Financial Analyst, Senior Vice President of Finance and CEO. The return is compared to the current year audited financial statements, internal data and prior year tax return to insure that the information to be filed is complete and accurate. After the internal review is complete the return is forwarded to legal counsel for their review. Once the internal and legal review is complete the tax return is provided to all board members with the final review and approval resting with the Board Officers. Once the tax return is approved the Treasurer will sign and have the return filed electronically by the Organization's tax preparer. Form 990, Part VI, Section B, line 12c Yankee Alliance Supply Chain Cooperative, Inc. monitors and enforces compliance with the Organization's conflict of interest policy by providing board members with a conflict of interest statement for their review and signature. If a conflict does exist the board member is required to disclose that conflict in the disclosure section of the document. Conflict of interest statements are presented to the board members at the Organization's annual meeting in October. The Organization monitors and enforces the conflict of interest policy by including a standing agenda item asking board members to self-disclose any conflicts of interest that may have arisen since the last disclosure document was signed. Form 990, Part VI, Section B, line 15 The Organization has no employees, and does not pay compensation to its officers and directors. The Organization's president is the CEO of Yankee Alliance, Inc. and is compensated by Yankee Alliance, Inc. for services performed as an employee of that organization. The CEO's salary is reviewed annually and also compared to a market survey performed by an outside firm, and is geared toward the 50th percentile. The CEO's salary is determined by the compensation committee of the board of directors of Yankee Alliance, Inc. Form 990, Part VI, Section C, line 19 The conflict of interest policy is available to the public on the Organization's website and upon request. Financial statements and governing documents are available to the public upon request and through the Office of the Attorney General of Massachusetts. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Distributions to Members -4,320,000. Total to Form 990, Part XI, Line 5: -4,320,000. Oversight of Audit Form 990: Part XI, Line 2c: The process of overseeing the financial statement audit and selection of the independent accounting firm has not changed from the prior year. Form 990, Part IX Yankee Alliance Supply Chain Cooperative Inc. pays a management fee to Yankee Alliance Inc. for services rendered as well as occupancy, office and other administrative costs. The management fee is determined by Yankee Alliance, Inc's actual costs. In addition Yankee Alliance Supply Chain Cooperative Inc. pays a membership fee to Yankee Alliance Inc. for services such as educational, networking, benchmarking and collaborative activities that foster sharing best practices and learning innovative approaches to hospital operations and performance improvement, leading to transformative changes in understanding and actions. The membership fee is determined by Yankee Alliance, Inc's actual other costs related to membership services. Schedule A, Page 1 Line 3: The entity is not licensed by the state as a hospital; therefore Schedule H is not applicable. Relation to Yankee Alliance, LLC Schedule R, Page 2, Part III: The founding members of Yankee Alliance Supply Chain Cooperative, Inc. are all, and the only, partners in Yankee Alliance, LLC. Allocation of Hours Worked 990, Part VII, Section A: The employees listed on Form 990, Part VII, Section A are paid by Yankee Alliance, Inc. However, their time is allocated between Yankee Alliance, Yankee Alliance Supply Chain Cooperative Inc., and Yankee Alliance, LLC. All employees work 40 hours per week, allocated as follows: James Oliver: Yankee Alliance: 4 hours/week Yankee Alliance Supply Chain Cooperative Inc.: 24 hours/week Yankee Alliance, LLC: 12 hours/week Charles Manning: Yankee Alliance: 2 hours/week Yankee Alliance Supply Chain Cooperative Inc.: 36 hours/week Yankee Alliance, LLC: 2 hours/week John Evans: Yankee Alliance Supply Chain Cooperative Inc.: 40 hours/week Cathy Spinney: Yankee Alliance Supply Chain Cooperative Inc.: 24 hours/week Yankee Alliance, LLC: 16 hours/week Thomas Wright: Yankee Alliance Supply Chain Cooperative Inc.: 40 hours/week Jody Daniels: Yankee Alliance: 2 hours/week Yankee Alliance Supply Chain Cooperative Inc.: 36 hours/week Yankee Alliance, LLC: 2 hours/week Yankee Alliance Inc 138 River Road Andover MA 018101083 222561879 Knowledge Transfer MA 501(c)(3) Line 9 N/A 0 Yankee Alliance LLC 138 River Road Andover MA 018101083 300486661 Group Purchasing Services DE N/A 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 Yankee Alliance LLC D 88474 Year End Balance Due