Progressive Healthcare Providers Inc
- Assets
- $245.7k
- Revenue
- $155.4k
- Investments
- $0.0
- Employees
- 2
- Location
- Collierville, TN
- Founding
- 10/1995
- Data as of
- 06/2021
- EIN
- 58-2103656
Organization Overview
Progressive Healthcare Providers Inc is located in Collierville, TN. The organization was established in 1995. As of 06/2021, Progressive Healthcare Providers Inc employed 2 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Progressive Healthcare Providers 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 06/2021, Progressive Healthcare Providers Inc generated $155.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $194.1k during the year ending 06/2021. While expenses have increased by 0.7% per year over the past 6 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
ESTABLISH, ACQUIRE, AND MAINTAIN NON-PROFIT HEALTHCARE PROGRAMS AND SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE OVERSIGHT FOR NON-PROFIT HEALTHCARE ORGANIZATIONS WITH COMMON BOARD OWNERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles R Sykes Jr President | OfficerTrustee | 10 | $86,100 |
Sara Case Secretary | OfficerTrustee | 10 | $50,000 |
Barbara J Ray Vice President | OfficerTrustee | 1 | $12,000 |
Dan Langford Treasurer | OfficerTrustee | 1 | $12,000 |
Thomas W Baker Board Member | Trustee | 1 | $12,000 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $155,403 |
| Investment income | $21 |
| 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 | $155,424 |
| 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. | $172,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,292 |
| Fees for services: Management | $3,557 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,120 |
| Advertising and promotion | $0 |
| Office expenses | $4,934 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $179 |
| Total functional expenses | $194,082 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $204,306 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,347 |
| Total assets | $245,653 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $245,653 |
| Total liabilities and net assets/fund balances | $245,653 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Quality Innovators Richmond, VA | $15,027,557 | $9,735,290 |
Academy Of Communication In Healthcare Inc Lexington, KY | $2,030,393 | $1,262,328 |
Tift General Hospital Foundation Inc Tifton, GA | $8,979,834 | $443,329 |
Progressive Healthcare Providers Inc Collierville, TN | $245,653 | $155,424 |
North Carolina Academy Of Family Physicians Foundation Raleigh, NC | $2,938,633 | $185,573 |
Arthroplasty Foundation Inc Louisville, KY | $115,171 | $0 |
Asheville Medical Research Corporation Asheville, NC | $145,146 | $83,997 |
Mississippi State Medical Association Alliance Inc Ridgeland, MS | $170,067 | $0 |