The Accreditation Commission For Health Care Inc
- Assets
- $58.2m
- Revenue
- $40.4m
- Investments
- $0.0
- Employees
- 220
- Location
- Cary, NC
- Founding
- 11/1987
- Data as of
- 06/2023
- EIN
- 56-1540225
Organization Overview
The Accreditation Commission For Health Care Inc is located in Cary, NC. The organization was established in 1987. According to its NTEE Classification (P30) the organization is classified as: Children & Youth Services, under the broad grouping of Human Services and related organizations. As of 06/2023, Accreditation Commission For Health Care Inc employed 220 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Accreditation Commission For Health Care 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, Accreditation Commission For Health Care Inc generated $40.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $36.5m during the year ending 06/2023. While expenses have increased by 17.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ACCREDITATION COMMISSION FOR HEALTH CARE (ACHC) IS DEDICATED TO DELIVERING THE BEST POSSIBLE EXPERIENCE AND PARTNERING WITH ORGANIZATIONS AND HEALTHCARE PROFESSIONALS THAT SEEK ACCREDITATION AND RELATED SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCREDITATION AND OTHER RECOGNITIONS: THE ORGANIZATION HAS DEVELOPED ACCREDITATION STANDARDS FOR A VARIETY OF HEALTH CARE PROVIDER SETTINGS. THE ORGANIZATION WILL SURVEY OR INSPECT APPLICABLE AGENCIES AND ORGANIZATIONS, ON A VOLUNTARY BASIS, TO VALIDATE ADHERENCE TO THESE STANDARDS.
EDUCATION AND TRAINING SERVICES: THE ORGANIZATION OFFERS EDUCATIONAL AND TRAINING SERVICES TO STRENGTHEN AND ENHANCE THE ABILITY OF PROVIDERS TO DELIVER QUALITY HEALTHCARE.
ACHC INTERNATIONAL - ACHC OWNS AND OPERATES ACCREDITATION COMMISSION FOR HEALTH CARE INTERNATIONAL, LLC. ACHC INTERNATIONAL FULFILLS A SIMILAR MISSION TO ACHC AND OPERATES IN VARIOUS COUNTRIES OUTSIDE THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Domingos President & CEO | OfficerTrustee | 40 | $993,254 |
Roy G Chew Chairman | OfficerTrustee | 5 | $0 |
Brock Slabach Vice Chairman | OfficerTrustee | 5 | $0 |
Mark S Defrancesco Secretary | OfficerTrustee | 5 | $0 |
William R Letendre Jr Treasurer | OfficerTrustee | 5 | $0 |
John Barrett Commissioner | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Triangle Consulting Group Llc Contract Staffing | 6/29/23 | $204,834 |
Poyner & Spruill Llp Contracted Legal Services | 6/29/23 | $186,469 |
Worksmart It Services, Consulting And Cybersecurit | 6/29/23 | $148,556 |
Scott T Whaley It Services | 6/29/23 | $108,609 |
Clinical Pharmacy Partners Contract Surveyor | 6/29/23 | $104,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,930 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,930 |
| Total Program Service Revenue | $39,768,251 |
| Investment income | $616,577 |
| 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 | $40,443,837 |
| 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. | $4,758,349 |
| Compensation of current officers, directors, key employees. | $1,930,345 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,912,469 |
| Pension plan accruals and contributions | $308,128 |
| Other employee benefits | $1,858,472 |
| Payroll taxes | $1,279,068 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $269,749 |
| Fees for services: Accounting | $54,540 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,474 |
| Fees for services: Other | $10,303,323 |
| Advertising and promotion | $281,071 |
| Office expenses | $582,740 |
| Information technology | $1,746,214 |
| Royalties | $0 |
| Occupancy | $509,710 |
| Travel | $446,758 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $423,423 |
| Interest | $53 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $625,151 |
| Insurance | $52,045 |
| All other expenses | $306,245 |
| Total functional expenses | $36,485,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,743,386 |
| Savings and temporary cash investments | $9,517,871 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,731,718 |
| 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 | $368,899 |
| Net Land, buildings, and equipment | $9,096,193 |
| Investments—publicly traded securities | $22,902,645 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $449,081 |
| Other assets | $340,864 |
| Total assets | $58,150,657 |
| Accounts payable and accrued expenses | $3,015,195 |
| Grants payable | $0 |
| Deferred revenue | $14,642,753 |
| 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 | $1,086,695 |
| Total liabilities | $18,744,643 |
| Net assets without donor restrictions | $39,406,014 |
| 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 | $58,150,657 |
Grants Awarded
Over the last fiscal year, The Accreditation Commission For Health Care Inc has awarded $46,376 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHER BIG SISTER PURPOSE: SUPPORT THE MISSION OF THE PROGRAM | $20,000 |
SAFECHILD PURPOSE: SUPPORT THE MISSION OF THE PROGRAM. | $20,000 |
OTHER GRANTS PURPOSE: SUPPORT THE MISSION OF THE PROGRAM. | $6,376 |