Chi Health Care Inc
- Assets
- $764.0k
- Revenue
- $2.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Bethesda, MD
- Founding
- 10/2011
- Data as of
- 12/2021
- EIN
- 45-0929271
Organization Overview
Chi Health Care Inc is located in Bethesda, MD. The organization was established in 2011. 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 12/2021, Chi Health Care Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chi Health Care 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 12/2021, Chi Health Care Inc generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (66.3%) each year. All expenses for the organization totaled $478.7k during the year ending 12/2021. 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 CHAMPION EXCEPTIONAL INTEGRATIVE HEALTH CARE THROUGH COLLABORATION AND INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION & ADVOCACY:CHI HEALTH CARE IS IN PASSIONATE PURSUIT OF ITS MISSION TO TRANSFORM HEALTHCARE IN A NEW DIRECTION.PAST EXPERIENCE WITH OUR CLINICAL PILOT PROJECT HAS PROVIDED A WEALTH OF INFORMATION ABOUT HOW TO IMPLEMENT ANDOPERATIONALIZE INNOVATIVE MODELS OF CARE. USING THIS INFORMATION AND EXPERIENCE,CHI IS FOCUSED ON EDUCATING POLICY MAKERS AND HEALTHCARE INFLUENCERS ABOUT THE NEED FOR BROADER ACCESS TO INNOVATIVE MODELS OF CARE TOGETHER WITH THE PAYMENT REFORMS THAT ARE NECESSARY FOR THESE MODELS TO BE SUSTAINABLE.WE WANT TO ELIMINATE BARRIERS TO HEALTH CARE WHICH INCLUDES AND GOES BEYOND JUST INTEGRATIVE APPROACHES. PEOPLE NEED ACCESS TO ALL HEALING DISCIPLINES, CONVENTIONAL, COMPLEMENTARY, AND INTEGRATIVE, THAT FOSTER HEALTH AND A HOLISTIC APPROACH TOWARD HEALING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Fogel MD President And CEO | OfficerTrustee | 40 | $234,504 |
John Siegler MBA Vice President | OfficerTrustee | 1 | $0 |
Ilana Bar-Levav Director | Trustee | 1 | $0 |
Tom Granatir Director | Trustee | 1 | $0 |
Debbie Schwartz Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kohler Healthcare Consulting Inc Healthcare Consulting | 12/30/14 | $138,130 |
Clinovations Government Solutions Healthcare Consulting | 12/30/14 | $106,225 |
Financial Statements
| 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 | $12 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12 |
| Total Program Service Revenue | $0 |
| Investment income | $2,004 |
| 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 | $2,016 |
| 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. | $258,317 |
| Compensation of current officers, directors, key employees. | $62,738 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,025 |
| Pension plan accruals and contributions | $2,228 |
| Other employee benefits | $1,000 |
| Payroll taxes | $18,394 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $946 |
| Fees for services: Accounting | $8,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $63,490 |
| Advertising and promotion | $1,100 |
| Office expenses | $3,160 |
| Information technology | $5,494 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $817 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $372 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,841 |
| Insurance | $20,812 |
| All other expenses | $3,300 |
| Total functional expenses | $478,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $237,162 |
| Savings and temporary cash investments | $502,478 |
| 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 | $23,315 |
| Net Land, buildings, and equipment | $1,087 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $764,042 |
| Accounts payable and accrued expenses | $38,119 |
| 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 | $0 |
| Total liabilities | $38,119 |
| Net assets without donor restrictions | $725,923 |
| 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 | $764,042 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chi Health Care Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Baltimore Medical System Inc Baltimore, MD | $45,955,178 | $88,874,680 |
Greater Philadelphia Health Action Philadelphia, PA | $86,083,655 | $90,116,312 |
University Of Maryland Community Medical Group Inc Easton, MD | $1,975,920 | $47,167,284 |
Three Lower Counties Community Services Inc Salisbury, MD | $63,101,826 | $74,349,291 |
St Joseph Medical Group Reading, PA | $5,215,799 | $64,685,081 |
Family Care Centers Inc East Stroudsburg, PA | $18,451,872 | $36,100,173 |
Camden-Clark Physician Corporation Parkersburg, WV | $7,022,477 | $63,031,492 |
Central Virginia Health Services Inc New Canton, VA | $73,302,827 | $67,111,160 |
Delaware Valley Community Health Inc Philadelphia, PA | $40,322,631 | $53,045,833 |
Wayne Memorial Community Health Centers Honesdale, PA | $24,922,017 | $46,112,323 |
Community Care Of West Virginia Inc Rock Cave, WV | $27,084,717 | $42,652,650 |
Neighborhood Health Alexandria, VA | $23,469,014 | $38,855,948 |