Form 990 for the fiscal year ending December 2024 (IRS tax year 2024).
Advocates for better payment and health policies for high-risk care.
- Type
- Business league / trade association · Health Care
- Location
- Washington, DC
- Website
- www.snpalliance.org
- Filings
- 5 on file (2020–2024)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Michael Cheek’s $399K as President and CEO is at the 94th percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Michael Cheek | $399,406 | $245,658 | — | — | — |
| Cheryl Phillips MD | — | $232,834 | $345,582 | $339,840 | $313,840 |
| Regan Hunt | $163,064 | — | — | — | — |
| Victoria King | $133,323 | $105,965 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Where the work happens
Fall leadership meeting and spring meeting members-only round table - the alliance hosts two 1.5 day meetings per year. The spring meeting is for members only and focuses primarily on SNP policies and rule-making.
Legal, Policy and Program Consulting
The alliance meets regularly with CMS on specific regulatory issues. The alliance reviews all proposed rules and guidance, and prepares summaries for members and comment letters to agencies. The alliance also occasionally uses its legal consultant to interpret some of the legal constraints to regulatory authority in its comment letters.
Lobbying
The alliance works on initiatives to advance risk-adjusted payments for high-risk populations, MEDICARE/MEDICAID integration, and to improve performance measurement to reflect populations.
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Statement of Revenue
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Revenue growth | -0.5% | — | — |
| Investment management fee ratio | 0.1% | — | — |
| Legal fee ratio | 10% | — | — |
| Accounting fee ratio | 1% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
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Filings & Schedule Manifest
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Sources
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