2025-08-26T16:54:35+00:00 2024-12-31 135381590 BDO USA 200 PARK AVE 38TH FLOOR NEW YORK NY 10017 990 2024-01-01 471442997 MEDICAL DEBT RESOLUTION INC MEDI 8446373328 28-07 JACKSON AVE 5TH FL LONG ISLAND CITY NY 11101 JOSE PENABAD TREASURER 8446373328 2025-08-26 true Tara Cooke P01281186 2128858040 2025-08-26 2024 2025-03-06 01:10:19Z UNDUE MEDICAL DEBT ALLISON SESSO 28-07 JACKSON AVE 5TH FL LONG ISLAND CITY NY 11101 149552984 false X WWW.UNDUEMEDICALDEBT.ORG X 2014 NY TO END MEDICAL DEBT. 9 9 39 13 0 26290875 88847941 0 0 2003926 3638276 0 93802 28294801 92580019 0 0 0 0 2541819 3990904 1130095 651594 1646686 18984874 28475627 22656788 33118125 5638013 59461894 95897379 154555115 1850550 975528 94046829 153579587 THE MISSION OF THE ORGANIZATION IS TO END MEDICAL DEBT. (CONTINUED ON SCHEDULE O) false false 26452085 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, OR HAVE A MEDICAL DEBT MORE THAN 5% OF ESTIMATED ANNUAL HOUSEHOLD GROSS INCOME. IN 2024, UNDUE MEDICAL DEBT HELPED OVER 3.8 MILLION PEOPLE AND RELIEVED MORE THAN $5.4 BILLION OF MEDICAL DEBT. 1229464 0 0 COMMUNITY ENGAGEMENT, EDUCATION AND PUBLIC POLICY: EFFORTS TO RAISE PUBLIC AWARENESS OF THE ECONOMIC AND SOCIAL EFFECTS OF MEDICAL DEBT, STRATEGIC PARTNERSHIPS FOR FURTHERING COMMUNITY AWARENESS AND YOUTH ENGAGEMENT, AND INFORMING AND SUPPORTING PUBLIC POLICY EFFORTS TO ADDRESS SYSTEMIC CAUSES OF MEDICAL DEBT. 546779 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. 28228328 true true false true false false false false false false true true false false true true true false false false false false false true true false false false false true false false false false false false false true true false true false false false false false false false false false true 32 0 true 39 true false false false false false true true false false false false false false X 9 9 true false true false false false false true true false false false true true true true true true true true false false AL AK AZ AR CA CO CT DE 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 PA RI SC SD TN TX UT VT VA WA WV WI WY X X ALLISON SESSO 8446373328 28-07 JACKSON AVE 5TH FL 5 LONG ISLAND CITY NY 11101 ELIZABETH MARINCOLA TREASURER (AS OF 12/2024) 1.0 0.0 X X 0 0 0 JOSE PENABAD TREASURER (THRU 12/2024), VICE CHAIR (AS OF 12/2024) 1.0 0.0 X X 0 0 0 MICHELE MASUCCI VICE CHAIR (THRU 12/2024), BOARD CHAIR (AS OF 12/2024) 1.0 0.0 X X 0 0 0 TED SANN SECRETARY 1.0 0.0 X X 0 0 0 WILLIAM VON MUEFFLING BOARD CHAIR (THRU 12/11/2024) 1.0 0.0 X X 0 0 0 DR OXIRIS BARBOT DIRECTOR 1.0 0.0 X 0 0 0 DR RAMANATHAN RAJU DIRECTOR 1.0 0.0 X 0 0 0 HAROLD ASHTON DIRECTOR (THRU 5/24/2024) 1.0 0.0 X 0 0 0 JEFF SMEDSRUD DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN LINDSEY DIRECTOR 1.0 0.0 X 0 0 0 JONATHAN WIGGS DIRECTOR 1.0 0.0 X 0 0 0 ROBERT GOFF DIRECTOR (THRU 12/11/2024) 1.0 0.0 X 0 0 0 ALLISON SESSO CEO & PRESIDENT 40.0 0.0 X 343962 0 49624 JANA KNAUEROVA VP FINANCE & ADMINISTRATION 40.0 0.0 X 184038 0 34474 RAVNEETA CONSUL COO 40.0 0.0 X 272907 0 45130 DAVID REYNOLDS VP INFO SYSTEMS 40.0 0.0 X 224308 0 31723 RUTH LANDE VP HOSPITAL RELATIONS 40.0 0.0 X 267890 0 36010 CHARLES RUSSEK SENIOR SOFTWARE DEVELOPER 40.0 0.0 X 144894 0 38170 DANIEL LEMPERT VP MARKETING & COMMUNICATIONS 40.0 0.0 X 160316 0 17503 EVA STAHL VP POLICY & PROGRAMS 40.0 0.0 X 184750 0 6725 MARISA CLEMENTE VP PHILANTHROPY 40.0 0.0 X 220499 0 22357 PETER NIEUWKERK BUSINESS PROCESS MANAGER 40.0 0.0 X 138149 0 16727 2141713 0 298443 10 false true false LOBCOM INC 2261 MARKET STREET SUITE 5668 SAN FRANCISCO CA 94114 PRINTING & MAILING SVCS 2956135 SANDRA DAVIS LLC DBA DONORLY 1460 BROADWAY NEW YORK NY 10036 FUNDRAISING COUNSEL 651594 NIXON PEABODY LLP 70 WEST MADISON SUITE 5200 CHICAGO IL 20005 LEGAL SERVICES 604437 APPTION CORPORATION 1600 SCOTT STREET SUITE 400 OTTAWA CA K1Y4N7 SOFTWARE DEVELOPMENT 255178 IMMORTAL STRATEGIES LLC 2807 JACKSON AVENUE FLOOR 5 LONG ISLAND CITY NY 11101 CONSULTING SERVICES 225000 11 169693 9277195 79401053 210809 88847941 0 0 0 0 0 3667863 3667863 0 0 56691518 56721105 -29587 0 -29587 -29587 345662 169693 251860 93802 93802 0 0 0 0 0 92580019 0 0 3732078 0 0 1490065 717868 530464 241733 99000 0 99000 0 1308947 630611 465985 212351 87615 42210 31191 14214 663898 319846 236348 107704 341379 164466 121531 55382 612756 491734 121022 0 164348 0 164348 0 7107 7107 0 0 651594 651594 1970671 1075569 736828 158274 135732 0 128232 7500 201379 13889 164826 22664 446731 172467 101893 172371 190551 0 190551 0 93536 23486 69847 203 14401 11395 3006 0 333192 314455 17700 1037 79625 19286 60339 0 COST OF DEBT ABOLISHED 21220154 21220154 0 0 MAILING SERVICES 3005444 3003785 0 1659 0 0 0 0 33118125 28228328 3243111 1646686 11389912 26897953 23971663 42496871 448752 11700247 0 0 0 0 0 0 0 0 0 0 7085809 17180286 83776 44031 26130 39745 0 0 52156633 54768302 0 813209 1039448 5271 432263 95897379 154555115 584793 591078 0 0 1265757 14643 0 0 0 0 0 0 0 0 0 0 0 369807 1850550 975528 X 82567389 142237144 11479440 11342443 94046829 153579587 95897379 154555115 59461894 70864 0 X false true true true true X 66152013 17097377 42362810 26290875 88847941 240751016 0 0 66152013 17097377 42362810 26290875 88847941 240751016 0 240751016 6433 32240 510785 2061575 3667863 6278896 0 0 0 0 0 0 0 247029912 310051 0.97458 0.98411 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 7107 0 7107 0 31267581 0 31274688 0 1000000 0 250000 0 0 0 0 0 false 0 652793 1000000 1000000 2652793 3979190 0 14091 16622 7107 37820 0 163198 250000 250000 663198 994797 0 0 0 0 0 Schedule C, Part II-A, Line 1b, Column (a) 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, AS WELL AS FOR WORK RELATED TO SUPPORTING POLICY CHANGES IMPACTING MEDICAL DEBT. 83776 44031 39745 39745 Closely-held equity interests Financial derivatives INVESTMENTS 54768302 F 54768302 Federal Income Taxes OPERATING LEASE LIABILITY 369807 369807 X 93512495 70864 861612 0 932476 92580019 0 0 92580019 33979737 861612 0 861612 33118125 0 0 33118125 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ORGANIZATION IS EXEMPT FROM FEDERAL, STATE, AND LOCAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND, THEREFORE, HAS MADE NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING FINANCIAL STATEMENTS. UNDER 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 INTERNAL REVENUE SERVICE (IRS) FORM 990 INFORMATION RETURNS, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE SO REQUIRED. FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023, THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE STATEMENTS OF ACTIVITIES. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDIT BY A TAXING AUTHORITY. AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATION WAS NOT SUBJECT TO ANY EXAMINATION BY A TAXING AUTHORITY. X X X X X X X true SANDRA DAVIS LLC DBA DONORLY 1460 BROADWAY NEW YORK NY 10036 FUNDRAISING false 0 651594 -651594 0 651594 -651594 CA CO CT DE DC FL GA AL HI ID IL IN IA KS KY LA ME AK MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PW PA AZ RI SC SD TN TX UT VT VA AR WA WV WI WY 10-year Anniversary Gala 515355 169693 345662 138850 113010 0 0 515355 169693 345662 138850 113010 251860 93802 Schedule G, Part I, Line 2b(v) DURING THE FISCAL YEAR 2024, DONORLY PROVIDED FUNDRAISING SUPPORT TO THE ORGANIZATION AT A DECREASED CAPACITY THAN IN PREVIOUS YEARS, SUPPORTING VARIOUS CAMPAIGNS AND PEER-TO-PEER FUNDRAISING ACTIVITIES. ALL OTHER FUNDRAISING ACTIVITIES HAVE BEEN TRANSITIONED THROUGHOUT THE YEAR TO THE ORGANIZATION'S NEWLY ESTABLISHED IN-HOUSE FUNDRAISING TEAM. THE CONTRACT WITH DONORLY TERMINATED IN OCTOBER 2024. X X X X X X false false false false false false false false false ALLISON SESSO CEO & PRESIDENT 343962 0 0 0 0 0 12250 0 37374 0 393586 0 0 0 RAVNEETA CONSUL COO 272907 0 0 0 0 0 9128 0 36002 0 318037 0 0 0 JANA KNAUEROVA VP FINANCE & ADMINISTRATION 184038 0 0 0 0 0 6650 0 27824 0 218512 0 0 0 RUTH LANDE VP HOSPITAL RELATIONS 267890 0 0 0 0 0 9537 0 26473 0 303900 0 0 0 DAVID REYNOLDS VP INFO SYSTEMS 224308 0 0 0 0 0 7919 0 23804 0 256031 0 0 0 MARISA CLEMENTE VP PHILANTHROPY 220499 0 0 0 0 0 7809 0 14548 0 242856 0 0 0 EVA STAHL VP POLICY & PROGRAMS 184750 0 0 0 0 0 6475 0 250 0 191475 0 0 0 DANIEL LEMPERT VP MARKETING & COMMUNICATIONS 160316 0 0 0 0 0 5644 0 11859 0 177819 0 0 0 CHARLES RUSSEK SENIOR SOFTWARE DEVELOPER 144894 0 0 0 0 0 4406 0 33764 0 183064 0 0 0 PETER NIEUWKERK BUSINESS PROCESS MANAGER 138149 0 0 0 0 0 4868 0 11859 0 154876 0 0 0 DINI VON MUEFFLING CONSULTING FAMILY MEMBER OF CHAIRMAN 99000 CONSULTANT false Schedule L, Part IV, Column (b) THE OWNER OF DINI VON MUEFFLING CONSULTING IS A FAMILY MEMBER OF THE BOARD CHAIRMAN AND THE BOARD SECRETARY. 41 198309 Other - FMV X Donated Items for Special Event 13 12500 Other - FMV 0 false true false Form 990, Part III, Line 1 MISSION OF MEDICAL DEBT RESOLUTION, INC., DBA UNDUE MEDICAL DEBT: 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 UNDUE 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 MORE THAN $17 BILLION OF MEDICAL DEBT AND HELPED MORE THAN 11 MILLION PEOPLE. WHAT IS THE GOAL OF UNDUE MEDICAL DEBT? UNDUE 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. OVER THE COURSE OF THE ORGANIZATION'S GROWTH, ITS VISION HAS EXPANDED TO ADDRESS THE ROOT CAUSES OF MEDICAL DEBT AND SEEKS TO TRANSFORM THE HEALTHCARE SYSTEM TO MAKE DEBT RELIEF UNNECESSARY IN THE FUTURE. 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 PAYING THEIR HEALTH CARE BILLS. IN MANY AREAS AND FOR MANY REASONS, PEOPLE REMAIN UNINSURED AND THOSE WHO ARE INSURED OFTEN 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 CONCERNS, AND TO SUPPORT PEOPLE LIVING HEALTHIER LIVES. PEOPLE, HELPING PEOPLE WE DEPEND ON DONATIONS AND GRANTS FROM INDIVIDUALS, CORPORATIONS, CHARITABLE ORGANIZATIONS AND GOVERNMENT TO SUPPORT US IN OUR MISSION AND PURPOSE TO END MEDICAL DEBT. IN MAY 2024, THE ORGANIZATION CHANGED THEIR DOING BUSINESS NAME TO "UNDUE MEDICAL DEBT". TO LEARN MORE ABOUT UNDUE MEDICAL DEBT, PLEASE VISIT US AT HTTPS://WWW.UNDUEMEDICALDEBT.ORG/. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons WILLIAM VON MUEFFLING, CHAIR OF THE BOARD (THROUGH 12/11/2024) IS THE BROTHER-IN-LAW OF TED SANN, SECRETARY OF THE BOARD. - Family relationship Form 990, Part VI, Line 4 Significant changes to organizational documents IN 2024, ORGANIZATION CHANGED ITS DOING BUSINESS AS NAME TO 'UNDUE MEDICAL DEBT' FROM 'RIP MEDICAL DEBT'. Form 990, Part VI, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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, Line 15a Process to establish compensation of top management official THE CEO COMPENSATION IS DETERMINED BY THE INDEPENDENT MEMBERS OF THE BOARD (COMPENSATION COMMITTEE) IN ACCORDANCE WITH WRITTEN POLICY, AND INFORMED BY A REPORT OF INDEPENDENT COMPENSATION CONSULTANTS, INCLUDING MARKET SURVEYS, AND OTHER INDEPENDENT RESEARCH. THE COMPENSATION COMMITTEE IS COMPRISED OF AT LEAST THREE (3) INDEPENDENT DIRECTORS AND HAS RESPONSIBILITY FOR ADVISING THE INDEPENDENT MEMBERS OF THE BOARD IN SETTING THE COMPENSATION OF THE ORGANIZATION'S CEO. CURRENTLY THE NUMBER OF PERSONS SERVING ON THE COMPENSATION COMMITTEE IS FOUR (4). Form 990, Part VI, Line 15b Process to establish compensation of other employees THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES WAS DETERMINED BY SENIOR MANAGEMENT IN ACCORDANCE WITH WRITTEN POLICY, INFORMED, WHERE APPROPRIATE, BY A REPORT OF INDEPENDENT COMPENSATION CONSULTANTS OR OTHER INDEPENDENT RESEARCH, INCLUDING MARKET SURVEYS, AS APPLICABLE. Form 990, Part VI, Line 19 Required documents available to the public 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: $27,930,389 DEBT ACQUISITION CONSULTING & ANALYSIS FEES: $ 108,000 DIRECT LABOR: $ 1,515,007 DONATED DEBT PORTFOLIOS: $ 196,752 PURCHASES - DEBT PLATFORM FEES: $ 247,620 PURCHASES - ANALYTICAL DATA: $ 1,192,229 DE/(IN)CREASE IN DEFERRED DEBT COSTS: $ (9,969,843) TOTAL COST OF DEBT ABOLISHED: $ 21,220,154