Henderson County Health Care Corporation-Two
- Assets
- $846.9k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 18
- Location
- Henderson, KY
- Founding
- 10/1985
- Data as of
- 06/2023
- EIN
- 61-1047019
Organization Overview
Henderson County Health Care Corporation-Two is located in Henderson, KY. The organization was established in 1985. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2023, Henderson County Health Care Corporation-Two employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henderson County Health Care Corporation-Two 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, Henderson County Health Care Corporation-Two generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $969.2k during the year ending 06/2023. 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
LOW INCOME APARTMENTS FOR THE AGED
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW INCOME APARTMENTS FOR THE AGED THAT OFFERS INDEPENDENT LIVING IN A GRACEFUL SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Long Board Member | Trustee | 2 | $0 |
Frank Chanberlain Treasurer | OfficerTrustee | 2.5 | $0 |
Tim Willaims Chairman | OfficerTrustee | 5 | $0 |
John Denton Vice Chairman | OfficerTrustee | 2 | $0 |
Maurice Forker Board Member | Trustee | 2 | $0 |
Eric Brown Secretary | OfficerTrustee | 2 | $0 |
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 | $1,054,170 |
| Investment income | $602 |
| 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 | $1,054,772 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $212,653 |
| Pension plan accruals and contributions | $1,717 |
| Other employee benefits | $19,394 |
| Payroll taxes | $16,874 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,977 |
| Fees for services: Accounting | $42,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,211 |
| Office expenses | $46,918 |
| Information technology | $10,519 |
| Royalties | $0 |
| Occupancy | $367,378 |
| Travel | $6,434 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $407 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,130 |
| Insurance | $0 |
| All other expenses | $11,987 |
| Total functional expenses | $969,228 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $144,627 |
| Savings and temporary cash investments | $7,588 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,499 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,958 |
| Prepaid expenses and deferred charges | $4,300 |
| Net Land, buildings, and equipment | $493,525 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $181,375 |
| Total assets | $846,872 |
| Accounts payable and accrued expenses | $293,958 |
| 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 | $4,006,023 |
| Other liabilities | $35,308 |
| Total liabilities | $4,335,289 |
| 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 | -$3,488,417 |
| Total liabilities and net assets/fund balances | $846,872 |