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 222561879 Yankee Alliance 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 10871587 0 X www.yankeealliance.com X 1984 MA Regional hospital alliance providing education and knowledge transfer activities. 9 9 59 0 1249751 0 0 0 6878904 7493492 933160 443310 0 0 7812064 7936802 2667919 3058891 0 0 5947933 6693870 0 0 0 1147292 1065428 9763144 10818189 -1951080 -2881387 16145062 13655623 1009292 1401240 15135770 12254383 X Yankee Alliance, Inc. is a regional multihospital alliance whose founding members are either tax-exempt tertiary teaching hospitals or large tax-exempt community hospitals serving distinct geographies with primary, secondary and tertiary level medical services. The current membership of over 50 acute care hospitals benefit from best practice applications and knowledge transfer initiatives generated through the collaborative process Yankee has developed over the past two and one half decades. 0 0 2693881 952043 Research, develop and maintain joint venture, best practice applications and knowledge transfer initiatives. The current membership of over 50 acute care hospitals and thousands of alternate site facilities benefit from best-practice applications and knowledge transfer initiatives generated through the collaborative process Yankee has developed over the past two and one half decades. 3513537 6541449 In furtherance of its own tax-exempt purposes, Yankee Alliance, Inc provides management services to related entities, which allow for transformational learning by connecting, collaborating and communicating activities through best practices applications and knowledge transfer initiatives to improve hospital operations and performance. 3058891 3058891 Yankee Alliance, Inc. provides funds in the form of annual grants to its tax-exempt member hospitals. The Organization was created to foster joint programs and ventures among its not-for-profit hospital members. The grant program helps to fund programs or projects that improve the quality of patient care, expand medical and health related services offered by member institutions, and/or lower the costs of services being provided by member institutions. Grant recipients are expected to share their "lessons learned" with the greater membership. During FY 11, Yankee Alliance, Inc. also made grants in support of its tax-exempt hospital members as follows:Hospital Breakthrough Series Collaborative - Yankee Alliance made grants to Yankee Alliance Supply Chain Cooperative, Inc. in order to provide 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 6/30/2011 plus an additional $16,443,000 of related savings for implementation in fiscal year 6/30/2012Demand Data Services - Yankee Alliance provided a grant to Yankee Alliance Supply Chain Cooperative for the entrance into the Demand Data Services Program. 9266309 1 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 4 0 59 1 1 1 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA CA 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 David Phelps 0.50 X 0 0 0 David Lincoln 0.50 X 0 0 0 Richard Silveria 0.50 X 0 0 0 Christopher O'Connor 0.50 X 0 0 0 Steve Guimond 0.50 X 0 0 0 Keith Hovan 0.50 X 0 0 0 James Oliver 4.00 X 440898 0 31105 Charles Manning 2.00 X 224622 0 29983 Richard Berkman 40.00 X 218637 0 28551 John Evans 0.10 X 177074 0 26703 Cathy Spinney 0.10 X 207873 0 28617 Thomas Wright 0.10 X 210725 0 28774 Jody Daniels 2.00 X 210766 0 27845 1690595 0 201578 16 0 1 0 Global Healthcare Exchange LLC 1315 W Century Drive Louisville CO 80027 Consulting Services 483325 Meritage - Andover Holdings LLC 2 Overhill Road 425 Scarsdale NY 10583 Real Estate Lease 175460 2 Management Services 900099 6541449 5291698 1249751 Membership Fees 900099 950004 950004 Other Misc. Income 900099 2039 2039 7493492 443310 443310 2934785 2934785 0 0 7936802 6243741 1249751 443310 3058891 3058891 726608 581286 145322 4787638 3830110 957528 177768 142214 35554 647240 517792 129448 354616 283693 70923 47666 38133 9533 20100 16080 4020 162581 130065 32516 97430 77944 19486 120674 96519 24155 23415 18732 4683 338696 270957 67739 41935 33548 8387 21186 16949 4237 147912 118330 29582 22676 18141 4535 Dues & Subscriptions 6942 5554 1388 Training 5652 4521 1131 Miscellaneous 5300 4240 1060 Taxes - Other 1893 1514 379 Promotional Donations 1370 1096 274 10818189 9266309 1551880 0 2907570 8108047 6098023 3145130 20167 12700 4914430 73581 107426 896296 563190 286694 333106 996226 1106939 848371 842275 16145062 13655623 596882 910851 28210 27530 384200 462859 1009292 1401240 X 15135770 12254383 15135770 12254383 16145062 13655623 -2881387 0 X X 0 1 1 X 0 X 16681555 13700457 6132511 6013546 6243741 48771810 16681555 13700457 6132511 6013546 6243741 48771810 0 3694249 3637619 5056155 4967278 5224827 22580128 3694249 3637619 5056155 4967278 5224827 22580128 26191682 447787 632219 723201 932340 443310 3178857 447787 632219 723201 932340 443310 3178857 17129342 14332676 6855712 6945886 6687051 51950667 0.50420 0.57790 0.06120 0.05990 X 43448 30245 13203 852848 532945 319903 333106 Investments to Fund Deferred Compensation 294839 C Premier Inc. Investment 812100 C 1106939 Deposits 31324 CSV of Life Insurance 810951 842275 Due To Affiliates 168020 Deferred Compensation 294839 462859 1 Yankee Alliance Supply Chain Cooperative Inc 138 River Road Andover MA 01810 043027064 501(c)(3) 58891 Grant funding to provide access to a supply chain analytics tool to enable hospitals to reduce operating expenses ($20,000). Grant funding to fund clinical and quality breakthrough programs ($38,891). Glens Falls Hospital 100 Park Street Glens Falls NY 12801 141338413 501(c)(3) 343367 Grant to develop and implement a value analysis committee program as well as the restructuring, reorganization and proper storage of supply inventory, instrumentation and equipment in the perioperative suite. Berkshire Medical Center Inc 725 North Street Pittsfield MA 01201 042791396 501(c)(3) 263341 A grant to develop and implement a supply chain management system by improving inventory accuracy and information management around supply chain usage. Boston Medical Center 88 East Newton Street PE Building Boston MA 02118 043314093 501(c)(3) 454967 Grants to develop and implement a medication reconciliation program and access to house-wide quality information through a balanced scorecard system. Covenant Health Systems Inc 420 Bedford Street Lexington MA 02420 222484505 501(c)(3) 420707 A grant to fund a health care reform software implementation to install an electronic medical record software system, to upgrade the current cost accounting systems (ECS project) and maintenance/IT costs for Eclipsys decision support system. Northeast Health Inc 2212 Burdett Avenue Troy NY 12180 042450756 501(c)(3) 304307 A grant to continue participation with IHI through their Passport program. The program is designed to help hospitals make the most of the online tool or Improvement Map. The goal is to continue efforts to reduce/maintain reductions in readmissions per month. Saint Raphael Hospital 1450 Chapel Street New Haven CT 06511 060653171 501(c)(3) 300781 A grant to fund the automation of blood specimen collection to improve patient safety. Saints Memorial Medical Center Inc One Hospital Drive Lowell MA 01852 042104885 501(c)(3) 244399 A grant to fund a Mobile Supply Chain System in order to streamline and enhance processes resulting in improved customer service, increased profitability and improved operations. Southcoast Hospitals Group Inc 101 Page Street New Bedford MA 02740 222592333 501(c)(3) 433637 A grant to fund the utilization of comparative data and safety monitoring to improve the quality of care, improve the safety of care delivery, lower the cost of care via data sharing and information sharing and collaboration among peers. Winchester Hospital 41 Highland Avenue Winchester MA 01890 012104434 501(c)(3) 234494 A grant to fund the Covidien Lean/Six Sigma course for the hospital's leaders in order to improve quality of patient flow to ensure safe, efficient and effective care. 10 0 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Yankee Alliance, Inc. monitors the grants it provides to Yankee Alliance Supply Chain Cooperative Inc. through the submission of an annual report for the individual Breakthrough Collaborative. For Grants that are awarded to member Hospitals, Yankee Alliance, Inc. requires the submission of a quarterly report as well as a presentation of the results of the project or program that the grant funded. X X X X 0 0 0 0 0 0 0 0 0 James Oliver 291846 0 103950 0 45102 0 11025 0 20080 0 472003 0 0 0 Charles Manning 196310 0 10000 0 18312 0 9643 0 20340 0 254605 0 0 0 Richard Berkman 204131 0 10000 0 4506 0 9138 0 19413 0 247188 0 0 0 John Evans 161252 0 14554 0 1268 0 7368 0 19335 0 203777 0 0 0 Cathy Spinney 197368 0 10000 0 505 0 8752 0 19865 0 236490 0 0 0 Thomas Wright 198088 0 10000 0 2637 0 9026 0 19748 0 239499 0 0 0 Jody Daniels 178781 0 10000 0 21985 0 9152 0 18693 0 238611 0 0 0 Form 990, Part VI, Section A, line 6 Membership consists of hospitals, medical centers, multi-corporate health care delivery systems and other health-related organizations which are described in Section 501(c)(3) of the Internal Revenue Code and which are exempt from taxation under 501(a) of the Internal Revenue Code. Form 990, Part VI, Section A, line 7a The Board of Directors consists of one representative designated and appointed by each member institution, who shall be the chief executive officer of such member institution or such other senior executive officer of such member institution as the Board of Directors may approve. 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, 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 compensation of all employees, with the exception of the CEO, is based on comparisons to an annual market survey which is performed by an outside firm, and in which the organization gears such salaries toward the 50th percentile of the survey. These salaries are managed through the Human Resources Department. 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. 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 Massachusetts Attorney General's office. Oversight of Audit Form 990, Part XI, Line 2c: The process of overseeing the financial statement audit and selecting an independent accounting firm has not changed from the prior year. Relation to Yankee Alliance, LLC Schedule R Part III The 9 founding members of Yankee Alliance, Inc. are all, and the only, partners of 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 Richard Berkman: Yankee Alliance: 40 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 Supply Chain Cooperative Inc 138 River Road Andover MA 018101083 043027064 Group Purchasing Services MA 501(c)(3) Line 3 N/A 0 Yankee Alliance LLC 138 River Road Andover MA 018101083 300486661 Group Purchasing Services DE N/A 0 1 0 0 1 0 0 0 0 0 1 0 1 1 0 1 0 0 Yankee Alliance LLC P 1249751 Year End Balance