Foundation For Health Leadership And Innovation Incorporated
- Assets
- $17.2m
- Revenue
- $9.5m
- Investments
- $0.0
- Employees
- 40
- Location
- Cary, NC
- Founding
- 03/1982
- Data as of
- 06/2022
- EIN
- 58-1461316
Organization Overview
Foundation For Health Leadership And Innovation Incorporated is located in Cary, NC. The organization was established in 1982. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 06/2022, Foundation For Health Leadership And Innovation Incorporated employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Health Leadership And Innovation Incorporated 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, Foundation For Health Leadership And Innovation Incorporated generated $9.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.5% each year . All expenses for the organization totaled $9.1m during the year ending 06/2022. While expenses have increased by 19.1% 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.
Since 2015, Foundation For Health Leadership And Innovation Incorporated has awarded 21 individual grants totaling $810,111. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LEVERAGE PRIVATE AND PUBLIC RESOURCES, EXPAND HEALTHCARE ACCESS, AND IMPROVE HEALTH STATUS FOR ALL NORTH CAROLINIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NCCARE360: NCCARE360 IS A STATEWIDE PLATFORM TOOL TO MAKE IT EASIER FOR PROVIDERS, INSURERS, AND COMMUNITY-BASED ORGANIZATIONS TO CONNECT PEOPLE WITH THE COMMUNITY RESOURCES THEY NEED TO BE HEALTHY.
NORTH CAROLINA ORAL HEALTH COLLABORATIVE: THE NC ORAL HEALTH COLLABORATIVE ADDRESSES ORAL HEALTH DISPARITIES BY ADVANCING KNOWN SOLUTIONS THAT ENSURE ACCESS TO QUALITY DENTAL CARE.
CENTER FOR EXCELLENCE FOR INTERGRATED CARE (COE): THE CENTER OF EXCELLENCE FOR INTERGRATED CARE ASSISTS HEALTH SYSTEMS IN INTERGRATING PHYSICAL AND BEHAVIORAL HEALTHCARE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve North MD Mdh Board Member | Trustee | 2 | $0 |
Ruben Blackwell IV Board Member | Trustee | 2 | $0 |
Kim Schwartz MA Board Member | Trustee | 2 | $0 |
Steve Cline DDS MPH Board Member | Trustee | 2 | $0 |
Samuel Cykert MD Board Member | Trustee | 2 | $0 |
Kevin Fitzgerald Mpa Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,594,720 |
| Investment income | $143,564 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$15,814 |
| Net Income from Fundraising Events | -$46,748 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,504,536 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $9,414 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $389,559 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,345,834 |
| Pension plan accruals and contributions | $100,613 |
| Other employee benefits | $154,407 |
| Payroll taxes | $124,441 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,956 |
| Fees for services: Other | $6,494,777 |
| Advertising and promotion | $8,158 |
| Office expenses | $36,644 |
| Information technology | $24,105 |
| Royalties | $0 |
| Occupancy | $76,917 |
| Travel | $14,708 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,764 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $762 |
| Insurance | $8,175 |
| All other expenses | $0 |
| Total functional expenses | $9,121,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $556,446 |
| Savings and temporary cash investments | $9,158,607 |
| Pledges and grants receivable | $1,733,440 |
| Accounts receivable, net | $1,337 |
| 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 | $41,054 |
| Investments—publicly traded securities | $5,553,418 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $168,696 |
| Total assets | $17,212,998 |
| Accounts payable and accrued expenses | $1,480,605 |
| Grants payable | $0 |
| Deferred revenue | $5,458,529 |
| 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 | $168,696 |
| Total liabilities | $7,107,830 |
| Net assets without donor restrictions | $6,024,084 |
| Net assets with donor restrictions | $4,081,084 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $10,105,168 |
Grants Awarded
Over the last fiscal year, Foundation For Health Leadership And Innovation Incorporated has awarded $208,089 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
LGBT CENTER OF RALEIGH INC PURPOSE: NCCARE 360 PROGRAM GRANT | $7,620 |
THE ARC OF NORTH CAROLINA PURPOSE: NCCARE 360 PROGRAM GRANT | $13,582 |
ALBERMARLE REGIONAL HEALTH SERVICES PURPOSE: EQUITABLE OUTCOMES PROGRAM GRANT | $18,937 |
B&D INTEGRATED HEALTH SERVICES PURPOSE: NCCARE 360 PROGRAM GRANT | $35,391 |
HYDE COUNTY HEALTH DEPARTMENT PURPOSE: EQUITABLE OUTCOMES PROGRAM GRANT | $18,937 |
BLADEN COUNTY HEALTH DEPARTMENT PURPOSE: EQUITABLE OUTCOMES PROGRAM GRANT | $18,937 |