Healthcare Leadership Council
- Assets
- $5.8m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 12
- Location
- Washington, DC
- Founding
- 05/1990
- Data as of
- 12/2023
- EIN
- 36-3668803
Organization Overview
Healthcare Leadership Council is located in Washington, DC. The organization was established in 1990. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Healthcare Leadership Council employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthcare Leadership Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Healthcare Leadership Council generated $6.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $7.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 5 years. 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
HLC IS THE EXCLUSIVE FORUM FOR THE LEADERS OF OUR NATION'S HEALTH CARE SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEALTHCARE LEADERSHIP COUNCIL BELIEVES THE PRIVATE SECTOR HEALTH CARE DELIVERY SYSTEM AND ITS DIVERSE COMPONENTS ARE THE KEYS TO PROVIDING HIGHER QUALITY HEALTH CARE FOR AMERICANS. THE PROMOTION OF THIS BELIEF IS CARRIED OUT THROUGH A SERIES OF MEETINGS AND BI-PARTISAN EDUCATION OF THE NATION'S LAW MAKERS, THE MEDIA, THE RESEARCH COMMUNITY AND OTHER BUSINESS AND COMMUNITY GROUPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Turney MD Marshfield Clinic; Chair | OfficerTrustee | 2 | $0 |
Calvin Schmidt Johnson Johnson; Chair-Elect | OfficerTrustee | 2 | $0 |
Michael Alkire Premier Inc Treasurer | OfficerTrustee | 2 | $0 |
Eugene Woods Atrium Health; Secretary | OfficerTrustee | 2 | $0 |
Barry Arbuckle Memorial Care Health System; Director | Trustee | 2 | $0 |
Terry Shaw Advent Health; Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tarplin Downs & Young Leg., Political & Health Policy Advice | 12/30/23 | $300,000 |
Deloitte Health Policy Analysis | 12/30/23 | $250,000 |
Avenue Solutions Leg., Political & Health Policy Advice | 12/30/23 | $240,000 |
Wittkieffer Executive Search | 12/30/23 | $215,000 |
Capitol Counsel Leg., Political & Health Policy Advice | 12/30/23 | $132,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,207,500 |
| 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 | $5,207,500 |
| Total Program Service Revenue | $1,075,718 |
| Investment income | $176,598 |
| 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 | $6,459,816 |
| 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. | $1,171,564 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,018,154 |
| Pension plan accruals and contributions | $148,019 |
| Other employee benefits | $199,089 |
| Payroll taxes | $157,018 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,066 |
| Fees for services: Lobbying | $1,485,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $928,766 |
| Advertising and promotion | $0 |
| Office expenses | $62,346 |
| Information technology | $48,771 |
| Royalties | $0 |
| Occupancy | $379,917 |
| Travel | $220,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $259,868 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,665 |
| Insurance | $21,038 |
| All other expenses | $0 |
| Total functional expenses | $7,345,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,988 |
| Savings and temporary cash investments | $3,999,363 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $103,220 |
| Net Land, buildings, and equipment | $102,037 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,469,167 |
| Total assets | $5,821,775 |
| Accounts payable and accrued expenses | $339,507 |
| Grants payable | $0 |
| Deferred revenue | $2,902,441 |
| 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 | $1,875,899 |
| Total liabilities | $5,117,847 |
| Net assets without donor restrictions | $703,928 |
| 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 | $5,821,775 |