The Healthcare Council Inc
- Assets
- $389.5k
- Revenue
- $167.9k
- Investments
- $1.0k
- Employees
- 0
- Location
- Calverton, MD
- Founding
- 04/1986
- Data as of
- 12/2021
- EIN
- 52-1425268
Organization Overview
The Healthcare Council Inc is located in Calverton, MD. The organization was established in 1986. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), 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. Healthcare Council 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, Healthcare Council Inc generated $167.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $177.4k during the year ending 12/2021. While expenses have increased by 9.4% 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 HEALTHCARE COUNCIL IS A MEMBERSHIP ORGANIZATION DEDICATED TO HELPING MEMBERS REDUCE COSTS, ENCOURAGING CO-OPERATIVE WORKING RELATIONSHIPS, AND PROMOTING QUALITY HEALTHCARE IN OUR REGION. THE VISION IS TO MEET THE HEALTHCARE CHALLENGES OF TOMORROW BY WORKING TOGETHER TODAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HEALTHCARE COUNCIL IS A 501 (C) (3) ORGANIZATION OF CONSISTING OF HOSPITALS AND ALLIED HEALTH CARE FACILITIES, ASSOCIATIONS AND EDUCATIONAL INSTITUTIONS LOCATED IN THE MID-ATLANTIC REGION. THE PURPOSE OF THE HEALTHCARE COUNCIL IS TO PROVIDE FOR MEMBERS "STRATEGIC AND BUSINESS ADVANTAGES" THAT NO SINGLE INSTITUTION OR SYSTEM CAN EFFICIENTLY OR ECONOMICALLY DEVELOP ALONE. DIVISIONS OF SPECIFIC ACTIVITY HAVE BEEN FORMED TO CARRY ON THE EVER-CHANGING TASKS AT HAND. THESE DIVISIONS DEVELOP INFORMATION AND IMPROVE PERFORMANCE USING COOPERATIVE NETWORKING MEETINGS, SURVEYS, GROUP DISCUSSION AND ANALYSIS AND CONTINUING EDUCATION PROGRAMS. THE AIM OF THE HEALTHCARE COUNCIL'S WHOLLY OWNED SUBSIDIARY, SHARESOURCE IS TO SERVE ITS MEMBERSHIP IN THE PROMOTION OF PROGRAMS AND SERVICES THAT WILL ENHANCE THE MEMBERS' ABILITY TO OPERATE THEIR ORGANIZATIONS SUCCESSFULLY AND COST EFFECTIVELY WITH INTEGRITY AND COMPETENCY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Conan Dickson Treasurer | OfficerTrustee | 1 | $0 |
Kathleen Chavanu Gorman Vice Chair | OfficerTrustee | 1 | $0 |
Dean Teague Board Chair | OfficerTrustee | 1 | $0 |
Leslie H Pitton Jr President & CEO | OfficerTrustee | 8 | $0 |
Louis Damiano MD Secretary | OfficerTrustee | 1 | $0 |
Calvin Brown Anniversary Committee Chair | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $88,995 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,000 |
| Total Program Service Revenue | $53,870 |
| Investment income | $52 |
| 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 | $167,922 |
| 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. | $31,567 |
| Compensation of current officers, directors, key employees. | $6,313 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,351 |
| Pension plan accruals and contributions | $1,028 |
| Other employee benefits | $3,524 |
| Payroll taxes | $6,540 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,300 |
| Fees for services: Accounting | $8,705 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,334 |
| Advertising and promotion | $0 |
| Office expenses | $6,864 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,083 |
| Travel | $2,130 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,006 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $385 |
| Insurance | $1,668 |
| All other expenses | $0 |
| Total functional expenses | $177,379 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,982 |
| Savings and temporary cash investments | $290,525 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $15,487 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $15,356 |
| Net Land, buildings, and equipment | $3,232 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,954 |
| Total assets | $389,536 |
| Accounts payable and accrued expenses | $5,102 |
| Grants payable | $0 |
| Deferred revenue | $9,925 |
| 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 | $15,027 |
| Net assets without donor restrictions | $365,431 |
| Net assets with donor restrictions | $17,520 |
| 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 | $389,536 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Healthcare Council Inc has recieved totaling $14,000.
| Awarding Organization | Amount |
|---|---|
University Of Maryland Medical System Corporation Baltimore, MD PURPOSE: General Assistance | $14,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Delta Dental Of Delaware Inc Mechanicsburg, PA | $18,629,043 | $77,257,162 |
Northwest Behavioral Health Partnership Inc New Castle, PA | $31,030,978 | $48,843,347 |
Delta Dental Plan Of West Virginia Inc Mechanicsburg, PA | $18,350,283 | $22,759,004 |
Phila Hospital And Health Care District Philadelphia, PA | $10,467,230 | $11,116,555 |
Pennsylvania Life And Health Insurance Guaranty Association Bala Cynwyd, PA | $31,198,315 | $342,282 |
District Of Columbia Primary Care Association Washington, DC | $3,588,811 | $8,549,433 |
National Organization Of Life And Health Insurance Guaranty Assocs Herndon, VA | $20,054,477 | $6,345,188 |
Leap Frog Group Washington, DC | $7,897,278 | $6,979,738 |
Pqa Inc Alexandria, VA | $9,185,809 | $6,455,435 |
National Medical Fellowships Inc alexandria, VA | $7,616,684 | $5,946,697 |
Living Beyond Breast Cancer Bala Cynwyd, PA | $18,803,445 | $5,732,376 |
National Automobile Dealers Association Health Benefit Plan Tysons, VA | $274,352 | $3,896,581 |