North Carolina Community Carenetworks Inc
- Assets
- $81.9m
- Revenue
- $53.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Cary, NC
- Founding
- 06/2008
- Data as of
- 06/2022
- EIN
- 20-5408367
Organization Overview
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 06/2022, North Carolina Community Carenetworks Inc generated $53.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $39.5m during the year ending 06/2022. While expenses have increased by 5.6% 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 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 IS 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. SOME OF THE CORE INITIATIVES INCLUDE, BUT IS NOT LIMITED TO, THE FOLLOWING: COMPLEX CASE MANAGEMENT, CARE COORDINATION, FOSTER CHILD PROGRAM, PHARMACY PROGRAM, AND QUALITY IMPROVEMENT PROGRAM FOR ADVANCED MEDICAL HOMES. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Simms Msph Chair | OfficerTrustee | 0.5 | $0 |
David Tayloe MD Secretary | OfficerTrustee | 0.5 | $0 |
Delton Atkinson MPH Director | Trustee | 0.5 | $0 |
Tom Bacon Drph Director | Trustee | 0.5 | $0 |
Michelle Brooks RN Msn Director | Trustee | 0.05 | $0 |
Marilyn Pearson Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Comm Care Part Of Gtr Mecklenburg Primary Care Case Mgmt | 6/29/22 | $6,838,536 |
Comm Care Plan Of Eastern Carolina Primary Care Case Mgmt | 6/29/22 | $5,308,938 |
Nw Community Care Network Primary Care Case Mgmt | 6/29/22 | $4,501,800 |
N Piedmont Comm Health Ntwrk Primary Care Case Mgmt | 6/29/22 | $2,849,602 |
Comm Care Of The Lower Cape Fear Primary Care Case Mgmt | 6/29/22 | $2,710,919 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $49,197,944 |
| 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 | $49,197,944 |
| Total Program Service Revenue | $4,322,491 |
| Investment income | $223,435 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$94,673 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,649,197 |
| 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 | $55,241 |
| Fees for services: Other | $7,435,997 |
| Advertising and promotion | $3,318 |
| Office expenses | $1,268,276 |
| Information technology | $2,979,257 |
| Royalties | $0 |
| Occupancy | $4,386,912 |
| Travel | $82,985 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,154 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $331,871 |
| Insurance | $0 |
| All other expenses | $281,568 |
| Total functional expenses | $39,467,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,908,372 |
| Savings and temporary cash investments | $454,730 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $136,296 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $102,801 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $38,575,828 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,674,649 |
| Total assets | $81,852,676 |
| Accounts payable and accrued expenses | $2,556,055 |
| Grants payable | $0 |
| Deferred revenue | $3,658,289 |
| 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 | $3,472,777 |
| Total liabilities | $9,687,121 |
| Net assets without donor restrictions | $72,165,555 |
| 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 | $81,852,676 |
Grants Awarded
Over the last fiscal year, North Carolina Community Carenetworks Inc has awarded $3,138,616 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY CARE OF WESTERN NORTH CAROLINA INC PURPOSE: NETWORK INITIATIVES PROGRAM - LONG TERM CARE PROJECT | $53,462 |
COMMUNITY CARE OF NORTH CAROLINA INC PURPOSE: GENERAL MISSIONS PROGRAM | $2,500,000 |
NORTH CAROLINA HEALTH INFORMATION EXCHANGE PURPOSE: INFORMATICS CENTER PROGRAM | $585,154 |