Mountain Area Health Education Center Inc
- Assets
- $116.0m
- Revenue
- $115.6m
- Investments
- $0.0
- Employees
- 1,313
- Location
- Asheville, NC
- Founding
- 09/1975
- Data as of
- 06/2023
- EIN
- 56-1071426
Organization Overview
Mountain Area Health Education Center Inc is located in Asheville, NC. The organization was established in 1975. As of 06/2023, Mountain Area Health Education Center Inc employed 1,313 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Area Health Education Center 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 06/2023, Mountain Area Health Education Center Inc generated $115.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $114.1m during the year ending 06/2023. While expenses have increased by 10.6% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
GRADUATE MEDICAL EDUCATION AND ACADEMIC HEALTH CENTER
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY MEDICINE: GRADUATED 20 FROM THREE-YEAR PROGRAMS BASED IN ONE URBAN AND TWO RURAL FAMILY HEALTH CENTERS. SPORTS MEDICINE FELLOWS GRADUATED 3. ADDICTION MEDICINE FELLOWS GRADUATED 1. ESTABLISHED A TRANSITIONAL YEAR RESIDENCY PROGAM AND GRADUATED 12. SERVICES PROVIDED IN THE HEALTH CENTERS RESULTED IN 100,225 PATIENT ENCOUNTERS. FAMILY MEDICINE PROVIDED $823,147 IN CHARITY CARE.
OBSTETRICS AND GYNECOLOGY: GRADUATED 3 FROM FOUR-YEAR PROGRAM BASED IN OUR WOMEN'S HEALTH CENTER, A HIGH RISK MATERNITY AND OTHER CARE CLINIC SERVING OUR 16-COUNTY REGION. SERVICES PROVIDED IN THE HEALTH CENTERS RESULTED IN 57,991 PATIENT ENCOUNTERS AND 2,150 DELIVERIES. INCLUDED IN THESE VOLUMES ARE HIGH-RISK MATERNAL FETAL MEDICAL SERVICES PROVIDED TO THE 16 COUNTIES IN WESTERN NORTH CAROLINA. OBSTETRICS AND GYNECOLOGY PROVIDED $674,956 IN CHARITY CARE.
UNC HEALTH SCIENCES AT MAHEC INCLUDES THE UNC SCHOOL OF MEDICINE ASHEVILLE CAMPUS, A MASTER OF PUBLIC HEALTH PROGRAM LED BY UNC GILLINGS SCHOOL OF GLOBAL PUBLIC HEALTH, AND INNOVATIVE EDUCATIONAL AND RESEARCH COLLABORATIONS WITH UNC ESHELMAN SCHOOL OF PHARMACY. UNC HEALTH SCIENCES AT MAHEC IS SUPPORTED AND INFORMED BY MAHEC'S DEPARTMENT OF RESEARCH AND LIBRARY SCIENCE , WHICH FOCUSES ON RURAL HEALTHCARE WORKFORCE DEVELOPMENT, ACADEMIC MEDICINE, CLINICAL RESEARCH, AND PRACTICE TRANSFORMATION TO IMPROVE PATIENT, COMMUNITY, AND POPULATION HEALTH. ALL PROGRAMS UNDER THE UMBRELLA OF UNC HEALTH SCIENCES AT MAHEC ENCOURAGE LEARNERS TO TRAIN WITH RURAL PROFESSIONALS, DEVELOP A DEEP APPRECIATION FOR RURAL VALUES, AND CONTRIBUTE TO IMPROVING THE QUALITY OF LIFE AND HEALTH IN COMMUNITIES ACROSS WNC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan D Stiles MD Chair | Trustee | 1 | $0 |
Casey Cooper Vice-Chair | OfficerTrustee | 1 | $0 |
Stephanie Alexander MBA Member | Trustee | 1 | $0 |
W Louis Bissette Jr Member | Trustee | 1 | $0 |
Robert A Blouin Pharmd Member | Trustee | 1 | $0 |
Carol Burton PHD Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ryse Construction Llc Construction Services | 6/29/23 | $5,752,379 |
The Van Winkle Law Firm Legal Services | 6/29/23 | $750,109 |
Mission Hospitals Professional Services | 6/29/23 | $697,060 |
Pulliam Westridge Llc Rental Services | 6/29/23 | $362,247 |
Mission Hlth Comm Multispecialty Professional Services | 6/29/23 | $272,510 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,000,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,258,754 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,258,754 |
| Total Program Service Revenue | $107,593,675 |
| Investment income | $775,791 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $204,651 |
| Net Gain/Loss on Asset Sales | -$241,134 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $115,591,737 |
| 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. | $1,170,058 |
| Compensation of current officers, directors, key employees. | $579,010 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,684,673 |
| Pension plan accruals and contributions | $257,675 |
| Other employee benefits | $12,429,059 |
| Payroll taxes | $822,741 |
| Fees for services: Management | $315,403 |
| Fees for services: Legal | $353,061 |
| Fees for services: Accounting | $60,437 |
| Fees for services: Lobbying | $150,759 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,017,858 |
| Advertising and promotion | $241,121 |
| Office expenses | $4,131,942 |
| Information technology | $1,680,106 |
| Royalties | $0 |
| Occupancy | $3,415,766 |
| Travel | $1,370,421 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $690,624 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,603,873 |
| Insurance | $1,068,561 |
| All other expenses | $4,652,215 |
| Total functional expenses | $114,116,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,450 |
| Savings and temporary cash investments | $7,678,249 |
| Pledges and grants receivable | $7,658,868 |
| Accounts receivable, net | $9,847,461 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $541,432 |
| Prepaid expenses and deferred charges | $2,294,079 |
| Net Land, buildings, and equipment | $53,711,822 |
| Investments—publicly traded securities | $21,691,485 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,587,606 |
| Total assets | $116,017,452 |
| Accounts payable and accrued expenses | $7,058,467 |
| Grants payable | $0 |
| Deferred revenue | $1,185,329 |
| 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 | $29,213,439 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,752,128 |
| Total liabilities | $39,209,363 |
| Net assets without donor restrictions | $58,074,086 |
| Net assets with donor restrictions | $18,734,003 |
| 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 | $116,017,452 |
Grants Awarded
Over the last fiscal year, Mountain Area Health Education Center Inc has awarded $224,276 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
HEALTH EDUCATION FOUNDATION OF EASTERN NORTH CAROLINA INC PURPOSE: OPERATIONAL SUPPORT | $34,584 |
THE CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY (DBA - CAROLINAS HEALTHCARE SY PURPOSE: OPERATIONAL SUPPORT | $19,953 |
EASTERN AREA HEALTH EDUCATION CENTER INC PURPOSE: OPERATIONAL SUPPORT | $26,984 |
THE MOSES H CONE MEMORIAL HOSPITAL OPERATING CORPORATION (DBA CONE HEALTH) PURPOSE: OPERATIONAL SUPPORT | $31,099 |
WAKE FOREST UNIVERSITY HEALTH SCIENCES PURPOSE: OPERATIONAL SUPPORT | $22,055 |
HEALTH SCIENCES FOUNDATION INC PURPOSE: OPERATIONAL SUPPORT | $31,868 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mountain Area Health Education Center Inc Asheville, NC | $116,017,452 | $115,591,737 |
University Of South Carolina School Of Medicine Educational Trust Columbia, SC | $64,774,437 | $40,114,553 |
Fayetteville Area Health Education Foundation Inc Fayetteville, NC | $35,527,472 | $21,476,236 |
Medical Educatiion & Research Instutute Memphis, TN | $26,497,278 | $16,524,013 |
University Of Virginia Medical School Foundation Charlottesville, VA | $128,963,798 | $9,232,071 |
Association Of Medical School Pediatric Department Chairman Inc Mclean, VA | $1,551,464 | $602,014 |
Health Occupations Students Of America Nashville, TN | $498,356 | $457,528 |
American College Of Nuclear Medicine Inc Reston, VA | $238,756 | $0 |
Coastal Virginia Medical Society Norfolk, VA | $49,715 | $0 |
Gaston County Medical Society Gastonia, NC | $61,028 | $0 |