North Carolina Community Carenetworks Inc is located in Cary, NC. The organization was established in 2008. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. North Carolina Community Carenetworks 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 06/2021, North Carolina Community Carenetworks Inc generated $122.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 28.1% each year . All expenses for the organization totaled $100.4m during the year ending 06/2021. While expenses have increased by 24.5% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH AND QUALITY OF LIFE OF ALL NORTH CAROLINIANS BY BUILDING AND SUPPORTING BETTER COMMUNITY-BASED HEALTH CARE DELIVERY SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLINICAL PROGRAMS: THE PURPOSE OF N3CN CLINICAL PROGRAMS ARE TO PROVIDE HIGH VALUE SERVICES TO THE STATE OF NORTH CAROLINA TO IMPROVE THE HEALTH OF MEDICAID BENEFICIARIES AND IMPROVE QUALITY IN THE HEALTHCARE DELIVERY SYSTEM. THE PROGRAM DEVELOPS AND IMPLEMENTS POPULATION MANAGEMENT INITIATIVES THAT ARE SUPPORTED BY DATA ANALYTICS AND POPULATION HEALTH TOOLS. USING ANALYTICS, THE PROGRAM TARGETS INDIVIDUALS THAT WOULD BENEFIT MOST FROM CARE MANAGEMENT SERVICES TO HIGH NEED MEDICAID ENROLLEES. N3CN ALSO PROMOTES QUALITY OF CARE AND HEALTH EQUITY IN THE PRIMARY CARE PRACTICES THAT CARE FOR MEDICAID ENROLLEES.
DATA ANALYTICS: PERFORMANCE MEASURES AND DATA ANALYTICS HAVE BEEN ESTABLISHED ON A STATEWIDE BASIS. THE PROCESS INCLUDES DEVELOPING SYSTEMS FOR COLLECTION AND ANALYZING DATA AND REPORTING PERFORMANCE MEASURE RESULTS. THESE REPORTS ARE CREATED AT THE PROGRAM, REGIONAL, AND PRACTICE LEVEL, AND PROVIDE THE BASIS FOR MEASURING IMPROVEMENT AND IMPACT ON THE ENROLLED POPULATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Stewart MD Faap Director | Trustee | 0.5 | $111,448 |
Jeffrey Simms Msph Vice Chair | OfficerTrustee | 0.5 | $0 |
David Tayloe MD Secretary | OfficerTrustee | 0.5 | $0 |
Michelle Brooks RN Msn Chair | OfficerTrustee | 0.5 | $0 |
Tom Bacon Drph Treasurer | OfficerTrustee | 0.5 | $0 |
Thomas Wroth MD MPH President & CEO | Officer | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Comm Care Plan Of Eastern Carolina Primary Care Case Mgmt | 6/29/21 | $8,766,375 |
Nw Community Care Network Primary Care Case Mgmt | 6/29/21 | $7,153,584 |
Comm Care Of The Lower Cape Fear Primary Care Case Mgmt | 6/29/21 | $5,084,593 |
Comm Care Part Of Gtr Mecklenburg Primary Care Case Mgmt | 6/29/21 | $10,220,037 |
N Piedmont Comm Health Ntwrk Primary Care Case Mgmt | 6/29/21 | $4,813,612 |
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 | $122,885,231 |
Investment income | $227,178 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$193,751 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $122,918,658 |
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. | $111,448 |
Compensation of current officers, directors, key employees. | $111,448 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $38,955 |
Fees for services: Other | $56,534,356 |
Advertising and promotion | $1,018 |
Office expenses | $1,254,575 |
Information technology | $315,191 |
Royalties | $0 |
Occupancy | $583,853 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,555 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $333,031 |
Insurance | $0 |
All other expenses | $12,272 |
Total functional expenses | $100,385,122 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $23,677,447 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $345,879 |
Accounts receivable, net | $76,268 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $6,816,311 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $99,794 |
Net Land, buildings, and equipment | $1,116,709 |
Investments—publicly traded securities | $25,510,253 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $13,412,867 |
Total assets | $71,055,528 |
Accounts payable and accrued expenses | $11,383,528 |
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 | $126,226 |
Total liabilities | $11,509,754 |
Net assets without donor restrictions | $59,545,774 |
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 | $71,055,528 |
Over the last fiscal year, North Carolina Community Carenetworks Inc has awarded $3,138,616 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Cary, NC PURPOSE: GENERAL MISSIONS PROGRAM | $2,500,000 |
Raleigh, NC PURPOSE: INFORMATICS CENTER PROGRAM | $585,154 |
Asheville, NC PURPOSE: NETWORK INITIATIVES PROGRAM - LONG TERM CARE PROJECT | $53,462 |
Organization Name | Assets | Revenue |
---|---|---|
Memorial Health Care System Inc Chattanooga, TN | $833,500,042 | $655,181,018 |
Wellmont Health System Johnson City, TN | $425,394,041 | $662,198,822 |
Virginia Hospital Center Arlington Health System Arlington, VA | $1,877,524,577 | $673,514,509 |
Floyd Healthcare Management Inc Rome, GA | $548,593,704 | $501,302,033 |
Carilion Services Inc Roanoke, VA | $938,637,589 | $302,052,496 |
Baptist Patient Safety System Inc Memphis, TN | $1,693,307,701 | $249,640,612 |
Northeast Georgia Physicians Group Inc Gainesville, GA | $36,837,609 | $215,954,168 |
Mcleod Health Florence, SC | $136,994,943 | $254,765,554 |
Southeastern Regional Medical Center Lumberton, NC | $385,532,976 | $242,647,882 |
Sentara Healthcare Norfolk, VA | $7,353,677,948 | $1,030,614,538 |
Methodist Lebonheur Healthcare Memphis, TN | $1,862,271,903 | $201,602,096 |
Piedmont Healthcare Inc Atlanta, GA | $1,865,070,040 | $207,681,365 |