North Carolina Health Care Facilities Association is located in Raleigh, NC. The organization was established in 1958. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 12/2021, North Carolina Health Care Facilities Association employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Carolina Health Care Facilities Association 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 12/2021, North Carolina Health Care Facilities Association generated $10.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $9.4m during the year ending 12/2021. While expenses have increased by 14.5% 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
MEMBERSHIP ORGANIZATION FOR NURSING FACILITIES IN NORTH CAROLINA
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRADE ASSOCIATION REPRESENTING APPROXIMATELY 375 LICENSED SKILLED NURSING HOMES THROUGHOUT NORTH CAROLINA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James A Sholar President | Officer | 50 | $538,988 |
Sam Clark Vice President Of Finance | 40 | $197,683 | |
Polly Welsh Executive Vice President | Officer | 40 | $185,250 |
Jeff Wilson Chair | Trustee | 1 | $0 |
Steve Jones District Iv Vice Chair | Trustee | 1 | $0 |
Allan Beaver District I Vice Chair | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
J Craig Souza Consulting | 12/30/19 | $360,000 |
James Harrell Iii Assoc Pllc Legal | 12/30/19 | $180,756 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $3,497,430 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $6,035,782 |
All other contributions, gifts, grants, and similar amounts not included above | $177,461 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,710,673 |
Total Program Service Revenue | $460,473 |
Investment income | $3,676 |
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 | $10,174,822 |
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. | $921,921 |
Compensation of current officers, directors, key employees. | $276,576 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $333,464 |
Pension plan accruals and contributions | $50,216 |
Other employee benefits | $74,202 |
Payroll taxes | $100,431 |
Fees for services: Management | $0 |
Fees for services: Legal | $393,010 |
Fees for services: Accounting | $54,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $55,829 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $149,673 |
Travel | $39,983 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $198,112 |
Interest | $0 |
Payments to affiliates | $842,336 |
Depreciation, depletion, and amortization | $29,746 |
Insurance | $0 |
All other expenses | $15,518 |
Total functional expenses | $9,381,233 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,433,446 |
Savings and temporary cash investments | $5,071 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $317,964 |
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 | $19,765 |
Net Land, buildings, and equipment | $322,543 |
Investments—publicly traded securities | $995,920 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $156,208 |
Total assets | $7,250,917 |
Accounts payable and accrued expenses | $4,799,151 |
Grants payable | $0 |
Deferred revenue | $205,097 |
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 | $156,208 |
Total liabilities | $5,160,456 |
Net assets without donor restrictions | $2,090,461 |
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 | $7,250,917 |
Over the last fiscal year, we have identified 1 grants that North Carolina Health Care Facilities Association has recieved totaling $5,750.
Awarding Organization | Amount |
---|---|
American Health Care Association And Subsidiary Washington, DC PURPOSE: CONTRIBUTION IN SUPPORT OF AHCA MISSION | $5,750 |
Organization Name | Assets | Revenue |
---|---|---|
Greene County Health Care Incorporated Snow Hill, NC | $16,532,428 | $23,396,721 |
Hamilton Health Care System Inc Dalton, GA | $145,238,251 | $25,063,501 |
Carolina Healthcare Associates Inc Wilmington, NC | $39,295,551 | $17,817,277 |
Appalachian Mountain Community He Asheville, NC | $14,237,249 | $21,637,722 |
Bon Secours St Francis Health System Inc Greenville, SC | $7,463,513 | $11,661,028 |
Columbus Regional Healthcare System Inc Columbus, GA | $140,523,783 | $3,389,845 |
Newport News General & Nonsectarian Hospital Assoc Inc Newport News, VA | $153,163,041 | $18,790,275 |
Kuumba Community Health & Wellness Center Inc Roanoke, VA | $14,550,456 | $13,244,163 |
Abingdon Physician Partners Johnson City, TN | $3,256,381 | $13,958,194 |
South Carolina State Office Of Rural Health Inc Lexington, SC | $7,838,403 | $13,056,790 |
Gwinnett Medical Group Inc Atlanta, GA | $0 | $5,888,799 |
Gastrointestinal Specialists Foundation Inc Memphis, TN | $2,648,333 | $9,945,071 |