Charter Oak Health Center Inc
- Assets
- $28.9m
- Revenue
- $22.4m
- Investments
- $83.3k
- Employees
- 235
- Location
- Hartford, CT
- Founding
- 02/1979
- Data as of
- 06/2022
- EIN
- 06-0986747
Organization Overview
Charter Oak Health Center Inc is located in Hartford, CT. The organization was established in 1979. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 06/2022, Charter Oak Health Center Inc employed 235 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charter Oak 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 06/2022, Charter Oak Health Center Inc generated $22.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $21.9m during the year ending 06/2022. While expenses have increased by 3.3% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE HEALTHIER COMMUNITIES BY PROVIDING QUALITY, SAFE, PATIENT-CENTERED HEALTH CARE SERVICES IN MEDICALLY UNDERSERVED AREAS, REGARDLESS OF ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE PRIMARY HEALTH CARE TO AREA RESIDENTS REGARDLESS OF THEIR CURRENT PERSONAL FINANCIAL SITUATION AND ABILITY TO REPAY BENEFITS PROVIDED TO THEM.
PROVIDE PRIMARY MENTAL HEALTH CARE & COUNSELING SERVICES, AS WELL AS PROVIDE PRESCRIPTION MEDICATIONS TO THE RESIDENTS OF THE SURROUNDING AREA.
PROVIDE PRIMARY DENTAL CARE TO THE RESIDENTS OF THE SURROUNDING AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nichelle A Mullins President/ceo | Officer | 40 | $413,222 |
Sunil D'cunha Cmo | Officer | 40 | $264,665 |
Fred Donkoh Pediatrician | 40 | $208,525 | |
Rashad Collins Chief Operating Officer | Officer | 40 | $204,922 |
Valeria Caldwell-Gaines Evp - General Counsel | Officer | 40 | $200,643 |
Nieves Hornbeck Physician | 40 | $182,990 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eclinical Works Llc Emr - Epm Billing System | 6/29/22 | $762,650 |
Hartford Healthy Chiropractic Llc Contracted Provider | 6/29/22 | $241,540 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,474,268 |
| All other contributions, gifts, grants, and similar amounts not included above | $651,595 |
| Noncash contributions included in lines 1a–1f | $289,592 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,125,863 |
| Total Program Service Revenue | $11,240,214 |
| Investment income | $14,469 |
| 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 | $22,445,095 |
| 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. | $1,276,417 |
| Compensation of current officers, directors, key employees. | $254,007 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,570,847 |
| Pension plan accruals and contributions | $101,000 |
| Other employee benefits | $888,873 |
| Payroll taxes | $948,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $76,797 |
| Fees for services: Accounting | $75,796 |
| Fees for services: Lobbying | $60,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,722,062 |
| Advertising and promotion | $88,490 |
| Office expenses | $353,927 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $791,760 |
| Travel | $41,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $99,796 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,167,712 |
| Insurance | $151,367 |
| All other expenses | $462,455 |
| Total functional expenses | $21,923,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,225,531 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $731,770 |
| Accounts receivable, net | $1,552,812 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $38,979 |
| Prepaid expenses and deferred charges | $209,357 |
| Net Land, buildings, and equipment | $13,807,167 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $83,333 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $265,614 |
| Total assets | $28,914,563 |
| Accounts payable and accrued expenses | $2,041,867 |
| Grants payable | $0 |
| Deferred revenue | $406,696 |
| 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 | $370,018 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $503,351 |
| Total liabilities | $3,321,932 |
| Net assets without donor restrictions | $25,592,631 |
| 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 | $28,914,563 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Charter Oak Health Center Inc has recieved totaling $104,005.
| Awarding Organization | Amount |
|---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: COVID-19 | $75,000 |
Community Health Network Of Connecticut Inc Wallingford, CT PURPOSE: ENVIRONMENTAL SUPPORT CHARITABLE GRANT | $22,500 |
Hartford Foundation For Public Giving Hartford, CT PURPOSE: BASIC HUMAN NEEDS | $6,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bronxcare Dr Martin Luther King Jr Health Center Bronx, NY | $38,014,365 | $52,571,307 |
Cornerstone Family Healthcare Cornwall, NY | $45,954,625 | $50,605,284 |
Joseph P Addabbo Family Health Center Inc Arverne, NY | $41,766,834 | $54,271,976 |
Mhs Primary Care Inc Middletown, CT | $15,353,098 | $33,843,223 |
Codman Square Health Center Inc Dorchester, MA | $53,827,018 | $55,977,934 |
South-West Community Health Center Inc Bridgeport, CT | $31,905,699 | $50,188,617 |
Bronxcare Special Care Center Bronx, NY | $26,322,135 | $47,475,448 |
Anthony L Jordan Health Corporation Rochester, NY | $24,407,903 | $40,889,273 |
Edward M Kennedy Community Health Center Inc Worcester, MA | $41,035,086 | $39,964,203 |
South Cove Community Health Center Inc Boston, MA | $128,100,399 | $51,616,127 |
Brownsville Community Development Corporation Brooklyn, NY | $17,399,265 | $35,733,707 |
Neighborhood Health Center Of Wny Inc Buffalo, NY | $25,910,227 | $40,091,300 |