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Partners Cooperative Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 161644265 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Partners Cooperative Inc?

Partners Cooperative Inc, a nonprofit organization based in Atlanta, Georgia, specializes in negotiating purchase contracts with suppliers on behalf of its hospital membership. With a team of 18 employees, they leverage their collective buying power to secure favorable deals and distribute the savings to their members based on their patronage. This cooperative model allows hospitals to focus on their core healthcare services while Partners Cooperative handles the procurement process efficiently.


Is Partners Cooperative Inc legitimate?

Partners Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partners Cooperative Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,895,822
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,513,416

For more financial information, click here


What is the mission statement of Partners Cooperative Inc?
Who is the CEO of Partners Cooperative Inc?
What is the revenue of Partners Cooperative Inc?
Who are the executives of Partners Cooperative Inc and what are their salaries?

The average compensation at Partners Cooperative Inc during 2022 was $189,402. There are 18 employees at Partners Cooperative Inc.

Here are 62 key members and their salaries:


Where can I find the form 990 for Partners Cooperative Inc?

Mission Statement of Partners Cooperative Inc

Partners Cooperative, Inc. is a not-for-profit hospital shared services cooperative that focuses on negotiating purchase contracts with suppliers on behalf of its membership. The organization's mission is to provide contracting and purchasing services, thus enabling its members to reap the benefits through the distribution of margins based on their patronage. By pooling their purchasing power, Partners Cooperative helps its members secure favorable prices and terms from suppliers. In essence, the cooperative serves as a bargaining agent, ensuring that its members can acquire essential supplies and services efficiently and cost-effectively.

Partners Cooperative's role is crucial as it enables hospitals and healthcare providers to focus on delivering quality patient care, while the cooperative handles the complexities of contract negotiations and purchasing. Through its collective bargaining power, Partners Cooperative secures competitive contracts, allowing its members to save time and resources. The cooperative's mission is to create value for its members by leveraging its negotiating prowess and expertise in purchasing, ultimately resulting in substantial cost savings and improved operational efficiencies.

In summary, Partners Cooperative, Inc. is a vital partner for its healthcare provider members. By providing expert contracting and purchasing services, the cooperative enables its members to secure favorable deals with suppliers, ultimately contributing to better patient care and financial stability. With its member-centric approach, Partners Cooperative is a trusted and essential partner in the healthcare industry.

Impact

This information is meant to be a general summary of Partners Cooperative Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Partners Cooperative Inc's impact lies in its ability to negotiate purchase contracts with suppliers on behalf of its members, primarily hospitals, in the healthcare industry. By leveraging its purchasing power, the cooperative can secure favorable terms and pricing, ultimately helping its members save costs on essential supplies and services. The distribution of margins to members based on patronage further enhances the financial benefits for participating hospitals. This collaborative approach not only promotes efficiency and cost-effectiveness within the healthcare sector but also enables members to focus on delivering high-quality patient care.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $677
  • Program Service Revenue: $60,575,980
  • Gross Receipts: $60,576,657

    • Assets and Liabilities:
  • Total Assets: $33,881,134
  • Total Liabilities: $33,137,226
  • Net Assets: $743,908
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    REBATES - PATRONAGE

    Revenue

    $60,575,980

    Organization Details

    Founding Year

    2002

    Principal Officer

    Dane Henry

    Main Address

    3625 CUMBERLAND BLVD SE 1425, ATLANTA, GA, 30339

    NTEE Category

    Code: L50 - Housing

    If you are a representative of Partners Cooperative Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.