Cooperative Healthcare Services Inc
- Assets
- $13.9m
- Revenue
- $79.7m
- Investments
- $0.0
- Employees
- 573
- Location
- Brunswick, GA
- Founding
- 05/2004
- Data as of
- 04/2023
- EIN
- 01-0594994
Organization Overview
Cooperative Healthcare Services Inc is located in Brunswick, GA. The organization was established in 2004. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 04/2023, Cooperative Healthcare Services Inc employed 573 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperative Healthcare Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2023, Cooperative Healthcare Services Inc generated $79.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $117.1m during the year ending 04/2023. While expenses have increased by 4.4% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
COOPERATIVE HEALTHCARE SERVICES, INC., WILL SERVE AS A SUPPORTING ORGANIZATION TO FURTHER ENABLE SOUTHEAST GEORGIA HEALTH SYSTEM TO PROVIDE SAFE, QUALITY, ACCESSIBLE, AND COST-EFFECTIVE CARE TO MEET THE HEALTH NEEDS OF THE PEOPLE AND COMMUNITIES IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COOPERATIVE HEALTHCARE SERVICES, INC. IS AN ORGANIZATION BASED IN SOUTHEAST GEORGIA WHICH PROVIDES PHYSICIAN AND IMMEDIATE CARE SERVICES ON AN INPATIENT AND OUTPATIENT BASIS. FOR THE TWELVE MONTH FISCAL PERIOD BEGINNING 05/01/2022 AND ENDED 04/30/2023, THE PHYSICIAN AND IMMEDIATE CARE CENTERS SERVED PATIENTS IN GLYNN, CAMDEN, MCINTOSH, AND BRANTLEY COUNTIES. OUR FINANCIAL STATEMENTS FOR THIS TIME PERIOD INCLUDE OVER 8,055,000 IN FREE CARE (CHARITY CARE AND BAD DEBTS).
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Chitty IV MD Board Member / Physician | Trustee | 40 | $0 |
Mitchell T Jones MD Chairman / Board Member | OfficerTrustee | 40 | $0 |
Ron Adams Board Member | Trustee | 2 | $0 |
W H Bill Gross Board Member | Trustee | 2 | $0 |
Roosevelt Harris Board Member | Trustee | 2 | $0 |
Byron S Raynes President & CEO | OfficerTrustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Georgia Neurosurgical Solutions Llc Medical Professional Services | 4/29/23 | $476,054 |
Bay Anesthesia Llc Anesthesia Services | 4/29/23 | $220,200 |
Cerner Healthcare Solutions Inc Healthcare Services | 4/29/23 | $308,544 |
Berry & Associates Of Richmond Hill Inc Medical Professional Services | 4/29/23 | $201,400 |
Care Atc Healthcare Services | 4/29/23 | $314,530 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $71,042,857 |
| Investment income | $6,570 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $79,673,246 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,216,864 |
| Pension plan accruals and contributions | $2,719,221 |
| Other employee benefits | $7,671,526 |
| Payroll taxes | $3,892,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $128,804 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,850,412 |
| Advertising and promotion | $0 |
| Office expenses | $10,385,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $227,702 |
| Travel | $264,398 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $379,954 |
| Insurance | $437,274 |
| All other expenses | $0 |
| Total functional expenses | $117,121,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$463,206 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,323,552 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $185,754 |
| Prepaid expenses and deferred charges | $83,217 |
| Net Land, buildings, and equipment | $1,535,887 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,263,454 |
| Total assets | $13,928,658 |
| Accounts payable and accrued expenses | $30,404,495 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $30,404,495 |
| Net assets without donor restrictions | -$16,475,837 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,928,658 |