Rural Health Ventures Inc
- Assets
- $411.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Imperial, NE
- Founding
- 08/1996
- Data as of
- 12/2023
- EIN
- 47-0689947
Organization Overview
Rural Health Ventures Inc is located in Imperial, NE. The organization was established in 1996. 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. Rural Health Ventures 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 12/2023, Rural Health Ventures Inc generated $156.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $128.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
RURAL HEALTH VENTURES PROVIDES ULTRASOUND, DEXA SCANS, AND SURGICAL SERVICES TO RURAL NEBRASKA HOSPITALS THAT WOULD NOT BE ABLE TO OFFER THESE DUE TO SCALE OF ECONOMY
Describe the Organization's Program Activity:
Part 3
THE ULTRASOUND PROGRAM IS THE MAIN REVENUE BASE FOR RURAL HEALTH VENTURES. THE ULTRASOUND EQUIPMENT IS OWNED BY RHV, BUT THE ORGANIZATION CONTRACTS DIRECTLY WITH SONOGRAPHERS TO COMPLETE ULTRASOUND EXAMS. THE MAJORITY OF EXPENSES ARE ASSOCIATED WITH THE EQUIPMENT, TECHNICIANS, OR SERVICE AGREEMENTS. EACH HOSPITAL RECEIVING SERVICES ARE INVOICED FOR EXAMS COMPLETED.
DEXA SCAM SERVICE IS OWNED BY RHV AND EMPLOYEES FROM EACH HOSPITAL OPERATES THE EQUIPMENT. EACH MONTH THE HOSPITALS RECEIVING SERVICES ARE INVOICE FOR PROCEDURES COMPLETED.
THE SURGICAL SERVICES INCLUDE ARTHOSCOPES, CYSTOSCOPES, AND LAP/CHOLE PROCEDURES. EQUIPMENT IS OWNED BY RHV AND USED BY MEMBER HOSPITALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abigail Cyboron President | 0.5 | $0 | |
Alicia Aldridge Member | 0.5 | $0 | |
Taylor Maucher Secretary | 0.5 | $0 | |
Neil Hilton Member | 0.5 | $0 | |
Kris Mathews Member | 0.5 | $0 | |
Matthew Musgrove Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $146,952 |
| Membership dues | $0 |
| Investment income | $6,851 |
| Gain or Loss | $2,400 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $156,203 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $51,899 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $76,286 |
| Total expenses | $128,185 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $376,601 |
| Other assets | $0 |
| Total assets | $411,252 |
| Total liabilities | $3,815 |
| Net assets or fund balances | $407,437 |