Chelsea Health Center Inc
- Assets
- $1.6m
- Revenue
- $110.9k
- Investments
- $663.3k
- Employees
- 0
- Location
- Chelsea, VT
- Founding
- 11/1954
- Data as of
- 07/2022
- EIN
- 03-0210304
Organization Overview
Chelsea Health Center Inc is located in Chelsea, VT. The organization was established in 1954. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chelsea Health Center 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 07/2022, Chelsea Health Center Inc generated $110.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $94.0k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FACILITIES AND EQUIPMENT FOR THE GENERAL PRACTICE OF MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Upham Treasurer | 3 | $3,000 | |
Dave Rochat Board Of Trustee | 1 | $0 | |
Bob Frenier Board Of Trustee | 1 | $0 | |
Betty Rogers Board Of Trustee | 1 | $0 | |
Judy Libby Board Of Trustee | 1 | $0 | |
Nyra Whipple Board Of Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,432 |
| Dividends & Interest | $12,111 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,440 |
| Capital Gain Net Income | $34,440 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $62,889 |
| Total Revenue | $110,872 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $21,853 |
| Taxes | $1,489 |
| Depreciation | $20,146 |
| Occupancy | $11,884 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33,871 |
| Total operating and administrative expenses | $93,972 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $93,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $152,772 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $583,609 |
| Net Land, buildings, and equipment | $831,206 |
| Other assets | $0 |
| Total assets | $1,647,300 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $503,731 |
| Other liabilities | $49 |
| Total liabilities | $503,780 |
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|---|---|---|
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Tbhc Medical Services Pc Brooklyn, NY | $942,645 | $6,768,198 |
St Josephs Hospital Elmira, NY | $0 | $5,903,575 |
Friends Of Yad Sarah Inc New York, NY | $6,538,987 | $4,473,675 |
Porter Medical Center Inc Middlebury, VT | $5,973,516 | $5,336,295 |
South Shore Property Inc South Weymouth, MA | $66,126,431 | $5,887,395 |
American Friends Shamir Medical Center Brooklyn, NY | $361,929 | $1,932,066 |
Peninsula Hospital Center Great Neck, NY | $0 | $1,600,000 |
Greater New York Hospital Foundation Inc New York, NY | $984,240 | $3,076,504 |
Combined Coordinating Council Inc New York, NY | $935,372 | $1,957,403 |