Fayetteville Area Health Education Foundation Inc, operating under the name Southern Regional Ahec, is located in Fayetteville, NC. The organization was established in 1974. As of 06/2022, Southern Regional Ahec employed 189 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Regional Ahec 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 06/2022, Southern Regional Ahec generated $20.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $19.5m during the year ending 06/2022. While expenses have increased by 6.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF SR-AHEC IS TO DELIVER QUARLITY HEALTHCARE EDUCATION AND MEET THE REGIONS' HEALTH WORKFORCE NEEDS BY: PROMOTING STATE OF THE ART HEALTHCARE EDUCATION, CONTINUALLY SEEKING INNOVATION IN THE EDUCATION EXPERIENCE AND PROVIDING TIMELY INFORMATION RESOURCES FOR THE PROVIDERS AND CUSTOMERS IN THE REGION. OUR MISSION IS TO IMPROVE ACCESS TO CARE THROUGH HIGHQUALITY CLINICAL SERVICES AND INCREASE THE NUMBER AND DIVERSITY OF PRACTICING HEALTH CARE PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERE WERE TWENTY FOUR FAMILY MEDICINE RESIDENTS IN THE PROGRAM THIS YEAR. EIGHT PHYSICIANS COMPLETED THE RESIDENCY IN JUNE WITH EIGHT NEW RESIDENTS ENTERING THE PROGRAM. THERE WERE 31,894 PATIENT VISITS IN THE FAMILY MEDICINE CENTER AND SPECIALTY MEDICINE CENTER. THE BUSINESS OFFICE STAFF CONTINUED TO EXCEED MGMA BEST PRACTICE TARGETS FOR DAYS IN ACCOUNTS RECEIVABLE AND NUMBER OF DENIALS. AT SR-AHEC FAMILY MEDICINE RESIDENCY OUR MISSION HAS ALWAYS BEEN TO TRAIN RESIDENTS AND PLACE OUR RESIDENCY GRADUATES IN THE COMMUNITY TO HELP IMPROVE HEALTHCARE ACCESS FOR OUR PATIENTS AND IMPROVE THE OVERALL HEALTH OF THE POPULATION IN OUR NINE-COUNTY REGION OF: BLADEN, CUMBERLAND, HARNETT, HOKE, MOORE, ROBESON, SAMPSON AND SCOTLAND COUNTIES. IN FY21, EIGHT PHYSICIANS JOINED THE OVER 220 DOCTORS WHO HAVE CHOSEN THE DUKE/SOUTHERN REGIONAL AHEC FAMILY MEDICINE RESIDENCY PROGRAM SINCE 1977 TO BOARD-CERTIFY THEIR SKILLS IN FAMILY MEDICINE. THESE DOCTORS OF ALLOPATHIC AND OSTEOPATHIC MEDICINE CONTINUE THEIR EDUCATION OR BEGIN THEIR CAREERS IN HOSPITALS, PRIVATE PRACTICES, IN THE MILITARY, AND OTHER AVENUES AS THEY PURSUE THEIR LIFE-LONG AMBITION OF PROVIDING COMPREHENSIVE HEALTH CARE TO PEOPLE OF ALL AGES.SINCE 1977, APPROX. TWENTY FIVE PERCENT OF THESE PRIMARY CARE PHYSICIANS STAYED IN NORTH CAROLINA OR IN THE REGION AFTER GRADUATING FROM THE PROGRAM. SINCE 2015, THE NUMBER OF GRADUATES OPTING TO WORK WITH LOCAL OR REGIONAL HOSPITALS AS THEIR FIRST JOB AFTER GRADUATION HAS BEEN STEADILY INCREASING.THIS PAST YEAR WE HAD SEVENTY PERCENT OF OUR GRADUATES PRACTICE IN OUR REGION. FACULTY AND STAFF PRESENTED AT NUMEROUS NATIONAL AND STATE PROFESSIONAL MEETINGS.
THE HEALTH CAREERS AND WORKFORCE DIVERSITY PROGRAM FOCUSED ON THE PLANNING OF THE AHEC SCHOLARS PROGRAM IN PREPARATION FOR THE THIRD COHORT OF SCHOLARS. ITS AIM IS TO RECRUIT, TRAIN, AND SUPPORT A DIVERSE GROUP OF STUDENTS FROM EACH AHEC REGION, CREATING A MULTIDISCIPLINARY TEAM OF HEALTH PROFESSIONALS COMMITTED TO COMMUNITY SERVICE AND THE TRANSFORMATION OF HEALTH CARE IN NORTH CAROLINA. THIS NEW PROGRAM IS AN EXTENSION OF THE K-12 HEALTH CAREERS PIPELINE TO HIGHER EDUCATION THAT HAS BEEN OFFERED THROUGH NC AHEC SINCE THE 1990S. THE NC AHEC SCHOLARS PROGRAM WAS DEVELOPED FOR HEALTH PROFESSIONS STUDENTS INTERESTED IN SUPPLEMENTING THEIR EDUCATION WITH ADDITIONAL KNOWLEDGE AND EXPERIENCE IN RURAL AND/OR UNDERSERVED URBAN SETTINGS. SR AHEC CONTINUED TO OFFER SPECIFIC PIPELINE PROGRAMS TO INCLUDE HEALTH CAREERS PASSPORT, H.U.M.P. DAY IN PARTNERSHIP WITH CAMPBELL, TEACH, AND AHEC ON THE HILL. TEACHING EXCELLENCE FOR A CAREER IN HEALTH (TEACH) IS A NINE-MONTH PRE-PROFESSIONAL HEALTH ENRICHMENT PROGRAM FOR HIGH SCHOOL STUDENTS IN GRADES 8 -12. ITS GOAL IS TO SERVE AS AN INTEGRAL COMPONENT IN THE STATE'S EDUCATION PIPELINE AND TO MAKE A SIGNIFICANT IMPACT ON THE NUMBER OF UNDER-REPRESENTED STUDENTS ENTERING THE HEALTH PROFESSIONS IN THE REGION. DUE TO THE PANDEMIC SOME OF THESE PROGRAMS HAVE TRANSITIONED TO A VIRTUAL PLATFORM.IN 2021-2022, 380 CE/CME PROGRAMS WITH 1,072.25 PROGRAM HOURS WERE OFFERED TO HEALTH CARE PROFESSIONALS THROUGH SR-AHEC. THIRTY-SIX PERCENT OF THESE PROGRAMS WERE HELD IN CUMBERLAND COUNTY, WITH 16 PERCENT HOSTED IN SR-AHEC'S OTHER 8 COUNTIES IN THE REGION AND ANOTHER 48 PERCENT HELD OUTSIDE OF THE REGION. THE TRANSITION TO A VIRTUAL PLATFORM DUE TO THE PANDEMIC PLAYED A ROLE IN INCREASED PARTICIPATION FROM OUTSIDE THE REGION. THERE WERE 9,706 INDIVIDUALS WHO ATTENDED CE/CME PROGRAMS, WITH AN AVERAGE OF 26 PER PROGRAM. A TOTAL OF 187 HEALTH PROFESSIONS STUDENTS RESIDED IN SR-AHEC PROVIDED STUDENT HOUSING IN THE REGION. STUDENTS CAME PRIMARILY FROM DUKE, EAST CAROLINA, METHODIST UNIVERSITY, UNIVERSITY OF NORTH CAROLINA-CHAPELHILL, WESTERN CAROLINA UNIVERSITY AND WAKE FOREST UNIVERSITY AND CAMPBELL.THERE WERE ALSO ROTATIONS FOR TEN 3RD YEAR VIRGINIA COLLEGE OF OSTEOPATHIC MEDICINE (VCOM) STUDENTS WHO SPENT THE WHOLE ACADEMIC YEAR LEARNING IN THE FAMILY MEDICINE CENTER. SOUTHERN REGIONAL AHEC'S PRACTICE SUPPORT TEAM TRANSFORMS HEALTHCARE DELIVERY IN OUR NINE-COUNTY REGION BY HELPING PROVIDERS MEET NATIONAL STANDARDS AND READY THEMSELVES FOR VALUE-BASED CARE. THIS TEAM WORKSWITH INDIVIDUAL PRACTICES TO PROVIDE ON-SITE ASSISTANCE ON THE TOOLS AND SYSTEMS NEEDED TO OFFER CONSISTENT, HIGH-QUALITY CARE TO ALL PATIENTS, AND PREPARE THE PRACTICE TO RECEIVE VALUE-BASED PAYMENT INITIATIVES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sushma S Kapoor MD President/ceo | Officer | 50 | $311,908 |
Taiwona L Elliott DO VP Clinical Education & Services/residency Program | Officer | 45 | $273,547 |
Lenard D Salzberg MD Faculty Physician | 45 | $236,212 | |
Wesley A Hilbert MD Faculty Physician | 45 | $221,946 | |
James S Lester DO Faculty Physician | 45 | $217,527 | |
Rajesh Khurana MD Faculty Physician | 45 | $201,873 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Mb Kahn Construction Co New Building Contractor | 6/29/18 | $7,153,228 |
Criterion Healthcare Llc Healthcare Construction Consulting | 6/29/18 | $236,234 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,750,315 |
All other contributions, gifts, grants, and similar amounts not included above | $7,401,079 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,151,394 |
Total Program Service Revenue | $11,018,258 |
Investment income | $219,252 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $527,781 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $20,916,685 |
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. | $791,576 |
Compensation of current officers, directors, key employees. | $511,485 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,510,173 |
Pension plan accruals and contributions | $229,163 |
Other employee benefits | $1,012,231 |
Payroll taxes | $643,028 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,382 |
Fees for services: Accounting | $68,066 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $82,724 |
Fees for services: Other | $4,859,657 |
Advertising and promotion | $12,555 |
Office expenses | $1,210,398 |
Information technology | $40,977 |
Royalties | $0 |
Occupancy | $705,696 |
Travel | $70,776 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $51,666 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $717,363 |
Insurance | $241,366 |
All other expenses | $0 |
Total functional expenses | $19,470,720 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,679,329 |
Savings and temporary cash investments | $516,466 |
Pledges and grants receivable | $6,404,509 |
Accounts receivable, net | $666,834 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $76,796 |
Prepaid expenses and deferred charges | $415,979 |
Net Land, buildings, and equipment | $12,770,394 |
Investments—publicly traded securities | $8,584,833 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,850 |
Total assets | $34,117,990 |
Accounts payable and accrued expenses | $1,258,247 |
Grants payable | $0 |
Deferred revenue | $28,440 |
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 | $10,968,856 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $12,255,543 |
Net assets without donor restrictions | $21,834,425 |
Net assets with donor restrictions | $28,022 |
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 | $34,117,990 |
Over the last fiscal year, we have identified 1 grants that Fayetteville Area Health Education Foundation Inc has recieved totaling $16,511.
Awarding Organization | Amount |
---|---|
Mountain Area Health Education Center Inc Asheville, NC PURPOSE: OPERATIONAL SUPPORT | $16,511 |
Beg. Balance | $32,767 |
Earnings | -$4,745 |
Ending Balance | $28,022 |
Organization Name | Assets | Revenue |
---|---|---|
University Of South Carolina School Of Medicine Educational Trust Columbia, SC | $62,430,506 | $42,795,918 |
Fayetteville Area Health Education Foundation Inc Fayetteville, NC | $34,117,990 | $20,916,685 |
Medical Educatiion & Research Instutute Memphis, TN | $23,598,104 | $14,599,708 |
University Of Virginia Medical School Foundation Charlottesville, VA | $123,889,244 | $8,950,640 |
Association Of Medical School Pediatric Department Chairman Inc Mclean, VA | $1,537,754 | $550,439 |
Health Occupations Students Of America Nashville, TN | $488,292 | $282,930 |
American College Of Nuclear Medicine Inc Reston, VA | $203,270 | $0 |
Norfolk Academy Of Medicine Norfolk, VA | $49,715 | $0 |
Gaston County Medical Society Gastonia, NC | $62,331 | $0 |