Kentucky Health Center Network Incorporated
- Assets
- $235.9k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 2
- Location
- Mt Sterling, KY
- Founding
- 04/2014
- Data as of
- 12/2021
- EIN
- 46-0763588
Organization Overview
Kentucky Health Center Network Incorporated is located in Mt Sterling, KY. The organization was established in 2014. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 12/2021, Kentucky Health Center Network Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kentucky Health Center Network Incorporated 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, Kentucky Health Center Network Incorporated generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $1.0m during the year ending 12/2021. While expenses have increased by 11.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE KENTUCKY HEALTH CENTER NETWORK HAS BEEN FUNDED BY HRSA FOR IMPROVING QUALITY THROUGH HEALTH INFORMATION TECHNOLOGY AT THE NETWORK'S MEMBER COMMUNITY HEALTH CENTER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, KHCN CONTINUED ITS WORK TO SUPPORT MEMBER ORGANIZATIONS IN THE AREAS OF INCREASING PATIENT ENGAGEMENT, SECURING PROTECTING HEALTH INFORMATION, DECREASING PROVIDER BURDEN, IMPROVING DATA ANALYSIS, INCREASING TELEHEALTH SERVICES, AND USING SOCIAL DETERMINANTS OF HEALTH DATA IN CARE PLANNING. GOALS WERE ACCOMPLISHED THROUGH TRAININGS, PEER TEAM MEETINGS, AND PROVIDING TOOLS AND RESOURCES TO MEMBER ORGANIZATIONS THAT SUPPORT THIS WORK. KHCN SUPPORTED MEMBER HEALTH CENTERS IN 2021 THROUGH HOSTING PEER TEAM MEETINGS, SHARING IMPORTANT RESOURCES ON TOPICS OF INTEREST, PROVIDING SECURITY RISK ASSESSMENTS, EHR OPTIMIZATION SERVICES, VIRTUAL CIO SERVICES, AND VARIOUS WEBINARS TO HELP MEMBER ORGANIZATIONS DEAL WITH CONTINUED IMPACTS OF COVID-19.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Nesmith CEO | Officer | 40 | $131,454 |
Michael Stanley President | OfficerTrustee | 1 | $0 |
Dr Swannie Jett Vice President (beg 12/8/21) | OfficerTrustee | 1 | $0 |
Ann Hagan-Grigsby Vice President (end 12/8/21) | OfficerTrustee | 1 | $0 |
Ellen Napier Secretary | OfficerTrustee | 1 | $0 |
Dave Gerwig Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kentucky Regional Extension Center Security Risk Assessment | 12/30/21 | $127,443 |
Csi Solutions Llc It Support Services | 12/30/21 | $120,246 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $998,150 |
| 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 | $998,150 |
| Total Program Service Revenue | $17,209 |
| Investment income | $0 |
| 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 | $1,027,631 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $76,706 |
| 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. | $140,595 |
| Compensation of current officers, directors, key employees. | $49,127 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,075 |
| Pension plan accruals and contributions | $5,608 |
| Other employee benefits | $462 |
| Payroll taxes | $15,625 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $258 |
| Fees for services: Accounting | $19,936 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $395,040 |
| Advertising and promotion | $439 |
| Office expenses | $4,961 |
| Information technology | $4,735 |
| Royalties | $0 |
| Occupancy | $3,152 |
| Travel | $11,771 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,944 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,090 |
| Insurance | $3,432 |
| All other expenses | $2,454 |
| Total functional expenses | $1,038,266 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,512 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $29,325 |
| 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 | $136,600 |
| Net Land, buildings, and equipment | $27,493 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $235,930 |
| Accounts payable and accrued expenses | $26,389 |
| 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 | $26,389 |
| Net assets without donor restrictions | $209,541 |
| 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 | $235,930 |
Grants Awarded
Over the last fiscal year, Kentucky Health Center Network Incorporated has awarded $76,706 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Prestonsburg, KY PURPOSE: SUPPORT ACTIVITIES | $25,569 |
Princeton, KY PURPOSE: SUPPORT ACTIVITIES | $25,569 |
Corbin, KY PURPOSE: SUPPORT ACTIVITIES | $25,568 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Borgess Health Alliance Inc St Louis, MO | $46,781,570 | $6,896,966 |
Ohio Hospital Association Columbus, OH | $83,770,111 | $17,389,417 |
Alexian Brothers-Ahs Midwest Region Health Co Lisle, IL | $20,656,104 | $11,712,909 |
Hospital Industry Data Institute Jefferson City, MO | $14,138,483 | $12,900,741 |
Silver Cross Health System Inc New Lenox, IL | $84,613,247 | $11,478,762 |
Eskenazi Health Foundation Inc Indianapolis, IN | $107,834,162 | $11,646,497 |
Kentucky Hospital Association Louisville, KY | $31,664,606 | $12,702,880 |
Intecare Inc Indianapolis, IN | $36,987,349 | $5,047,879 |
Joint Commission Center For Transforming Healthcare Oakbrook Terrace, IL | $40,008,984 | $2,169,312 |
Behavioral Health Network Of Greater St Louis Saint Louis, MO | $6,485,810 | $5,127,247 |
Healthcare Education Foundation Of West Virginia Charleston, WV | $997,259 | $3,879,438 |
Mha Health Institute Jefferson City, MO | $46,834,366 | $5,313,584 |