2023-07-25T16:08:57-05:00 2022-12-31 BDO USA PA 100 PARK AVENUE NEW YORK NY 100175001 990 2022-01-01 471442997 MEDICAL DEBT RESOLUTION INC % ALLISON SESSO MEDI 8446373328 28-07 JACKSON AVE 5TH FL LONG ISLAND CITY NY 11101 JOSE PENABAD Treasurer 8446373328 2023-07-21 true JOSE PENABAD 999009999 Tara Cooke P01281186 2128858000 3 2022 2023-04-26 12:10:37Z RIP MEDICAL DEBT ALLISON SESSO 28-07 JACKSON AVE 5TH FL LONG ISLAND CITY NY 11101 42951867 false X WWW.RIPMEDICALDEBT.ORG X 2014 NY to end medical debt 13 13 20 13 0 0 17111360 42362810 0 0 32240 509218 0 0 17143600 42872028 0 0 0 0 2223279 1510428 973000 1079000 1622964 15240993 9090199 18437272 11679627 -1293672 31192401 56504785 88257653 407679 968146 56097106 87289507 X The mission of the Organization is to end medical debt. (See schedule O) false false 7777434 0 0 MEDICAL DEBT RELIEF: LOCATE, ACQUIRE, AND ABOLISH, I.E. RELIEVE, MEDICAL DEBT FOR INDIVIDUALS EARNING 400% OR LESS THAN THE FEDERAL POVERTY LEVEL (RAISED FROM 200% IN MARCH 2022), OR HAVE A MEDICAL DEBT MORE THAN 5% OF ESTIMATED ANNUAL HOUSEHOLD GROSS INCOME. 438673 0 0 TECHNOLOGY INFRASTRUCTURE DEVELOPMENT PROGRAM: RESEARCH, DESIGN, AND DEVELOP TECHNOLOGIES TO DIRECTLY SUPPORT THE ORGANIZATION'S CORE MISSION OF LOCATING, ACQUIRING, AND ABOLISHING MEDICAL DEBT. 341915 0 0 EDUCATION AND PUBLIC POLICY: ENGAGE IN EFFORTS TO RAISE PUBLIC AWARENESS OF THE ECONOMIC AND SOCIAL EFFECTS OF MEDICAL DEBT. INFORM AND SUPPORT PUBLIC POLICY EFFORTS TO ADDRESS SYSTEMIC CAUSES OF MEDICAL DEBT. 56858 0 0 MEDICAL DEBT RESEARCH 56858 0 0 8614880 true true false true false false false false false false true false false false true true true false false false false false false true false false false false false true false false false false false true true false true false false false false false false false false true 28 0 true 20 true false false false false false false false false false false false false X 13 13 true false false false false false false true true false false true true true true true true true true false AL AK AZ AR CA CO CT DE DC FL GA GU HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PW PA RI SC SD TN TX UT VT VA WA WV WI WY X ALLISON SESSO 8446373328 28-07 JACKSON AVE 5TH FL LONG ISLAND CITY NY 11101 X ALLISON SESSO CEO & PRESIDENT 40.0 0.0 X 290193 0 22983 RUTH LANDE VP HOSPITAL RELATIONS 40.0 0.0 X 261893 0 29726 DAVID REYNOLDS VP INFO SYSTEMS 40.0 0.0 X 200587 0 16789 PRISCILLA THOMAS-KEITH VP PROGRAM MANAGEMENT 40.0 0.0 X 153183 0 27723 CHARLES RUSSEK SENIOR SOFTWARE DEVELOPER 40.0 0.0 X 133802 0 11717 JANA KNAUEROVA VP FINANCE & ADMINISTRATION 40.0 0.0 X 117891 0 22379 MIKEL BURROUGHS DIRECTOR MILITARY DEBT ACQ. 40.0 0.0 X 122500 0 2400 Eva Stahl VP Public Policy 40.0 0.0 X 120150 0 4568 CRAIG ANTICO DEBT OPERATIONS CONSULTANT 1.0 0.0 X 34365 0 0 WILLIAM VON MUEFFLING DIRECTOR & BOARD CHAIR 1.0 0.0 X X 0 0 0 MICHELE MASUCCI DIRECTOR & VICE CHAIR 1.0 0.0 X X 0 0 0 JOSE PENABAD DIRECTOR & TREASURER 1.0 0.0 X X 0 0 0 TED SANN DIRECTOR & SECRETARY 1.0 0.0 X X 0 0 0 Harold Ashton DIRECTOR 1.0 0.0 X 0 0 0 DR OXIRIS BARBOT DIRECTOR 1.0 0.0 X 0 0 0 ROBERT GOFF DIRECTOR 1.0 0.0 X 0 0 0 JON LINDSEY DIRECTOR 1.0 0.0 X 0 0 0 ELIZABETH MARINCOLA DIRECTOR 1.0 0.0 X 0 0 0 DR RAM RAJU DIRECTOR 1.0 0.0 X 0 0 0 MAGAN RAY DIRECTOR 1.0 0.0 X 0 0 0 JEFF SMEDSRUD DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN WIGGS DIRECTOR (FROM 12/2022) 1.0 0.0 X 0 0 0 1434564 0 138285 14 true true false SANDRA DAVIS LLC DBA DONORLY 1460 BROADWAY NEW YORK NY 10036 FUNDRAISING COUNSEL 1079000 APPTION CORPORATION 1600 SCOTT STREET SUITE 400 OTTAWA ONTARIO CA K1Y4N7 IT Consulting 210000 SCALE OF CHANGE LLC 1110 VERMONT AVENUE NW SUITE 300 WASHINGTON DC 20005 FUNDRAISING SERVICES 192909 NIXON PEABODY 70 WEST MADISON SUITE 5200 CHICAGO IL 60602 LEGAL SERVICES 174323 VERITE HEALTHCARE CONSULTING 28-07 JACKSON AVENUE FLOOR 5 LONG ISLAND CITY NY 11101 CONSULTING SERVICES 152500 5 230089 42132721 83447 42362810 0 510785 510785 0 0 0 0 0 78272 79839 -1567 -1567 -1567 0 0 0 0 0 0 0 0 0 0 42872028 509218 0 0 0 0 822171 480759 296639 44773 0 347554 203229 125398 18927 34087 19932 12299 1856 145789 85249 52600 7940 160827 94043 58026 8758 0 272306 224917 47389 78963 78963 10061 10061 1079000 1079000 0 1328361 607791 390124 330446 18100 500 17600 201072 21652 116691 62729 233885 126798 57890 49197 0 116773 3000 113773 48611 22373 24500 1738 0 9930 9930 0 0 161617 151071 10546 56945 56945 COST OF DEBT ABOLISHED 5866860 5866860 MAILING SERVICES 686715 686715 11679627 8614880 1441783 1622964 15327967 72617953 38792789 11266214 258352 159331 0 0 0 0 0 0 0 0 0 0 1346698 3373264 53104 30366 23175 22738 0 0 0 0 0 0 469238 639155 286566 178998 56504785 88257653 216952 444334 0 0 0 437692 0 0 0 0 0 0 0 0 0 0 190727 86120 407679 968146 X 50434168 79591769 5662938 7697738 56097106 87289507 56504785 88257653 31192401 X false true X true false X 5339832 9891081 66152013 17097377 42362810 140843113 0 0 5339832 9891081 66152013 17097377 42362810 140843113 0 140843113 1153 6433 32240 510785 550611 0 0 141393724 310051 0.99611 0.99960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 14091 14091 10041773 10055864 652793 163198 false 652793 652793 979190 14091 14091 163198 163198 244797 0 0 Part II-A, Line 1b: The amount incurred for lobbying were for direct contact with legislators and other state officials to determine budgetary appropriations that would support the organization's programs. 53104 30366 22738 22738 0 OPERATING LEASE LIABILITY 86120 86120 X 43118328 246300 246300 42872028 42872028 11925927 246300 246300 11679627 11679627 PART X, LINE 2: The Organization is exempt from federal, state, and local income taxes under Section 501(c)(3) of the Code and, therefore, has made no provision for income taxes in the accompanying financial statements. Under U.S. GAAP, an organization must recognize the tax benefit associated with tax positions taken for tax return purposes when it is more likely than not that the position will be sustained upon examination by a taxing authority. The Organization does not believe it has taken any material uncertain tax positions and, accordingly, it has not recorded any liability for unrecognized tax benefits. The Organization has filed for and received income tax exemptions in the jurisdictions where it is required to do so. Additionally, the Organization has filed IRS Form 990 information returns, as required, and all other applicable returns in jurisdictions where so required. For the year ended December 31, 2022, there were no interest or penalties recorded or included in the statement of activities. The Organization is subject to routine audit by a taxing authority. As of December 31, 2022, the Organization was not subject to any examination by a taxing authority. X X X X X true Sandra Davis LLC dba Donorly 1460 BROADWAY NEW YORK NY 10036 FUNDRAISING false 1079000 -1079000 1079000 -1079000 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PW PA RI SC SD TN TX UT VT VA WA WV WI WY SCHEDULE G, PART I, LINE 2B (V): AS FUNDRAISING COUNSEL FOR THE ORGANIZATION, THE FIRM OF Sandra DAVIS, LLC DBA "DONORLY" PROVIDES A TEAM OF SKILLED PERSONNEL WHO MANAGE SUBSTANTIALLY ALL BACK-OFFICE ACTIVITIES ASSOCIATED WITH THE ORGANIZATION'S FUNDRAISING AND DEVELOPMENT FUNCTION, INCLUDING CAMPAIGN DEVELOPMENT AND EXECUTION, DONOR RESEARCH, GIFT ACKNOWLEDGEMENT, GRANT APPLICATIONS, DONOR MANAGEMENT SYSTEMS MAINTENANCE, IN ADDITION TO PROVIDING ADVICE ON HIGH LEVEL FUNDRAISING AND DEVELOPMENT STRATEGY. IN PERFORMING THESE FUNCTIONS, DONORLY IS EITHER DIRECTLY OR INDIRECTLY RESPONSIBLE FOR VIRTUALLY ALL REVENUE, EXCEPT IN-KIND REVENUE. X X X X X X false false false false false false false true false ALLISON SESSO CEO & PRESIDENT 290193 0 0 0 0 0 10279 0 12704 0 313176 0 0 0 RUTH LANDE VP HOSPITAL RELATIONS 246893 0 15000 0 0 0 9293 0 20433 0 291619 0 0 0 DAVID REYNOLDS VP INFO SYSTEMS 200587 0 0 0 0 0 7039 0 9750 0 217376 0 0 0 PRISCILLA THOMAS-KEITH VP PROGRAM MANAGEMENT 153183 0 0 0 0 0 5744 0 21979 0 180906 0 0 0 CRAIG ANTICO DEBT OPERATIONS CONSULTANT 34365 0 0 0 0 0 0 0 0 0 34365 0 0 0 SCHEDULE J, PART I, LINE 7: RUTH LANDE, NEW VP HOSPITAL RELATIONS, RECEIVED A SECOND PORTION OF HER SIGN-ON BONUS IN MARCH 2022. DINI VON MUEFFLING CONSULTING Family Member of CHAIRMAN 99000 consultant false CRAIG J ANTICO Former Officer/Director 34365 consulting services false X 24 79839 FMV X CRYPTOCURRENCY 7 3609 FMV false true false FORM 990, PART III: MISSION OF MEDICAL DEBT RESOLUTION, INC., DBA "RIP MEDICAL DEBT": RIP MEDICAL DEBT IS A 501(C)(3) NONPROFIT WHOSE MISSION IS TO END MEDICAL DEBT AND BE: ** A source of justice in an unjust healthcare finance system. Our unique and highly leveraged debt abolishment model combines the generosity of donors with debt industry expertise to produce a high volume of debt relief return, mitigating significant financial and mental distress for millions of people. ** A unique solution for patient-centered health care providers. By partnering with us, health care systems can strengthen individuals and communities by relieving dormant, uncollectible, and damaging bad debts and can identify opportunities to refine their financial assistance programs to better serve their communities. ** A moral force of systemic change. Our work brings attention to the range of negative impacts caused by medical debt and a deeper understanding of its causes. These efforts support progress toward a more compassionate, transparent, equitable and affordable healthcare system. Who is RIP Medical Debt? We are a not-for-profit, national charity that raises funds from donors and uses those funds to acquire and abolish medical debt. Since our founding in 2014 (as Medical Debt Resolution, Inc.), we have abolished nearly $8.8 billion of medical debt and helped more than 5.5 million people. What is the goal of RIP Medical Debt? RIP Medical Debt seeks to help families and individuals burdened by medical debt by acquiring and abolishing these debts. By cancelling these debts, we bring financial relief to families and reduce related stress. This then improves the health of patients, families, and communities. Why we do this work? Medical debt often results from unplanned and unexpected illnesses and accidents. About one third of adults in the United States have difficulty in paying their health care bills. In many areas and for many reasons, people remain uninsured and those who are insured receive expensive bills after receiving care. Medical debt is the leading cause of bankruptcy in the United States. We do this work to relieve the burden of medical debt, to prevent people from skipping or delaying medical care because of cost-related fears, and to support people living healthier lives. People, helping people We depend on donations from individuals, corporations, charitable organizations and government to support us in our mission and purpose. To learn more about RIP Medical Debt, please visit us at https://www.ripmedicaldebt.org/. FORM 990, PART III, LINE 4D: MEDICAL DEBT RESEARCH: SUPPORT RESEARCH AND SURVEY ACTIVITIES STUDYING THE ECONOMIC AND SOCIAL EFFECTS OF MEDICAL DEBT AND MEDICAL DEBT RELIEF. IN AN EFFORT TO BREAK THE STIGMA AND BETTER UNDERSTAND THE IMPACTS OF MEDICAL DEBT, WE HIGHLIGHT THE PERSONAL STORIES AND COMMON THEMES OF INDIVIDUALS WHO HAVE HAD THEIR DEBT RELIEVED THROUGH OUR EFFORTS. FORM 990, PART VI, SECTION A, LINE 2: TED SANN, DIRECTOR AND SECRETARY, IS THE BROTHER-IN-LAW OF WILLIAM VON MUEFFLING, DIRECTOR AND BOARD CHAIR. FORM 990, PART VI, SECTION B, LINE 11B: A COMPLETE COPY OF THIS FORM 990 HAS BEEN REVIEWED BY BOTH THE AUDIT COMMITTEE AND THE FULL BOARD OF DIRECTORS PRIOR TO FILING. THIS PROCESS IS PRESCRIBED IN THE CHARTER OF THE ORGANIZATION'S AUDIT COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION IS MADE AS TO WHETHER TO APPROVE THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15: CEO COMPENSATION IS DETERMINED BY THE INDEPENDENT MEMBERS OF THE BOARD IN ACCORDANCE WITH WRITTEN POLICY, AND INFORMED BY A REPORT OF INDEPENDENT COMPENSATION CONSULTANTS, INCLUDING MARKET SURVEYS, AND OTHER INDEPENDENT RESEARCH. PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND OTHER KEY EMPLOYEES: IN 2022, THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES WAS DETERMINED BY THE INDEPENDENT MEMBERS OF THE BOARD IN ACCORDANCE WITH WRITTEN POLICY INFORMED, WHERE APPROPRIATE BY A REPORT OF INDEPENDENT COMPENSATION CONSULTANTS AND OTHER INDEPENDENT RESEARCH, INCLUDING MARKET SURVEYS. COMPENSATION COMMITTEE: IN 2020, THE BOARD ESTABLISHED A NEW COMPENSATION COMMITTEE, COMPRISED OF AT LEAST THREE (3) INDEPENDENT DIRECTORS, WITH RESPONSIBILITY FOR ADVISING THE INDEPENDENT MEMBERS OF THE BOARD IN SETTING THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR, OFFICERS, AND OTHER KEY EMPLOYEES. CURRENTLY THE NUMBER OF PERSONS SERVING ON THE COMPENSATION COMMITTEE IS FOUR (4). FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. WHERE REQUIRED, THE ORGANIZATION ALSO FURNISHES THESE DOCUMENTS TO STATE AUTHORITIES. FORM 990, PART IX, LINE 24A: DETAILS OF COST OF DEBT ABOLISHED: PURCHASES - DEBT PORTFOLIOS: $5,965,330 PURCHASES - DEBT ANALYSIS FEES: $ 12,321 DEBT ACQUISITION CONSULTING FEES: $ 232,365 PURCHASES - DEBT PLATFORM FEES: $ 78,244 PURCHASES - ANALYTICAL DATA: $ 564,722 Purchases - Direct Labor: $ 935,567 DE/(IN)CREASE IN DEFERRED DEBT COSTS: $(1,921,689) TOTAL COST OF DEBT ABOLISHED: $5,866,860 FORM 990 PART IX LINE 11G DESCRIPTION:CONTRACTORS & CONSULTANTS TOTAL FEES:1328361