EIN 27-2898108

Costs of Care

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2009
Most recent tax filings
2023-12-01
Description
Costs of Care helps patients and clinicians reduce medical bills and improve affordability through initiatives such as the Affordability Moonshot and Stars Unite.
Total revenues
$183,476
2023
Total expenses
$150,167
2023
Total assets
$163,661
2023
Num. employees
0
2023

Program areas at Costs of Care

The stars (students and trainees advocating for resource stewardship) program catalyzes grassroots, student-led initiatives to advance health Care value in medical education. The program has grown and now includes more than 600 medical student participants from more than 50 different medical schools engaged in a longitudinal learning collaborative.the stars program provides both students and faculty opportunities to "lead from where you stand and advance high-value Care education and implementation, supporting their own career development and furthering our shared mission to provide the best Care at lower Costs for patients. The stars 2023 cohort consisted of over 110 students and over 40 faculty representing 34 medical schools throughout the united states. Recruitment for the stars 2024 will successfully see 116 new students and 41 faculty, representing 30 medical schools throughout the united states. Learn more at stars.costsofcare.org
Affordability moonshot: the affordability moonshot is a movement to improve patient affordability so that no one should have to choose between their life and their life savings. We are informed by outputs from our previous affordability accelerator, which convened influential experts and stakeholders to work together on developing and disseminating the most promising high-impact and sustainable interventions to improve patient affordability. We utilize our outputs to continue to cultivate change agents who will lead the creation of a more affordable and equitable health system. Our moonshot work includes Costs of Care fellowships for healthcare providers interested in working with national leaders to promote discussion, training, and dissemination efforts to improve the delivery of more affordable and value-based healthcare. The 2023 fellowship cycle provided 1 such healthcare provider the opportunity to work closely with the Costs of Care team to move forward research related to oncology high-value Care and affordability. Recruitment for the 2024 fellowship cycle will see 3 such healthcare provider interested in moving forward high-value Care and affordability in neurology practice and in oncology practice.

Who funds Costs of Care

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
ABIM FoundationSupport the Stars Program$10,000

Personnel at Costs of Care

NameTitleCompensation
September WallingfordDeputy Director$33,900
Christopher MoriatesPast Executive Director$10,000

Financials for Costs of Care

RevenuesFYE 12/2023
Total grants, contributions, etc.$183,177
Program services$0
Investment income and dividends$299
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$183,476

Form 990s for Costs of Care

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-26990View PDF
2022-122023-09-21990EZView PDF
2021-122023-06-22990EZView PDF
2020-122023-09-09990EZView PDF
2018-122019-08-20990EZView PDF
...and 3 more Form 990s

Organizations like Costs of Care

OrganizationLocationRevenue
Washington Island Community Health ProgramWashington Island, WI$177,259
Angels of MercyWilliamsburg, VA$92,427
Crenshaw Health PartnersLos Angeles, CA$56,455
The Paradise Center / Longboat Key Center for Healthy Living IncLongboat Key, FL$224,299
La Net Community Health Resource NetworkLong Beach, CA$441,722
Mission Health CareMidland, TX$665,451
504healthnetMetairie, LA$396,004
Chenango Health NetworkNorwich, NY$767,114
MyClinicJupiter, FL$756,834
Pajaro Valley Community Health TrustWatsonville, CA$625,220
Data update history
July 13, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from ABIM Foundation
November 8, 2023
Posted financials
Added Form 990EZ for fiscal year 2020
October 29, 2023
Posted financials
Added Form 990EZ for fiscal year 2022
October 28, 2023
Updated personnel
Identified 2 new personnel
August 2, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
Nonprofit Types
Public health orgsHealth organizationsCharities
Issues
Health
Characteristics
Partially liquidatedTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
70 Pacific St 568
Cambridge, MA 02139
Metro area
Boston-Cambridge-Newton, MA-NH
County
Middlesex County, MA
Website URL
costsofcare.org/ 
Phone
(732) 778-3227
IRS details
EIN
27-2898108
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2009
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E80: Health, General and Financing
NAICS code, primary
621: Outpatient Health Care Practitioners and Facilities
Parent/child status
Independent
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