Cabarrus Rowan Community Health Centers Inc is located in Concord, NC. The organization was established in 2004. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2021, Cabarrus Rowan Community Health Centers Inc employed 185 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cabarrus Rowan Community Health Centers 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 12/2021, Cabarrus Rowan Community Health Centers Inc generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $12.0m during the year ending 12/2021. While expenses have increased by 22.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES HEALTH CARE TO INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY. THIS IS A DIRECT FULFILLMENT OF THEIR TAX EXEMPT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HEALTH CARE REGARDLESS OF THE INDIVIDUALS ABILITY TO PAY. THESE MEDICAL SERVICES ARE PROVIDED IN AREAS THAT HAVE A SHORTAGE OF HEALTH CARE PROVIDERS. THIS IS A DIRECT FULFILLMENT OF THEIR TAX EXEMPT PURPOSE. OVER 42,000 VISITS WERE PROVIDED DURING THE YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lydia Adams Medical Director | Officer | 40 | $232,601 |
Don Holloman Chief Executive Officer | Officer | 40 | $221,081 |
Alex Waite Physician | 40 | $221,067 | |
Rachel Villella Physician | 40 | $179,517 | |
Ava Hudson Physician | 40 | $165,851 | |
Carlton Bruce Dental Director | Officer | 40 | $163,831 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Athena Health Contract Billing Services | 12/30/20 | $220,158 |
Tec Electric Llc Contract Construction Services | 12/30/20 | $236,995 |
Firefold Technologies Contract It Services | 12/30/20 | $230,491 |
Novant Health Npr Contract Telepsychiatry Services | 12/30/20 | $102,200 |
Firefold Technologies Contract It Services | 12/30/20 | $230,491 |
Athena Health Contract Billing Services | 12/30/20 | $220,158 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,718,350 |
All other contributions, gifts, grants, and similar amounts not included above | $306,205 |
Noncash contributions included in lines 1a–1f | $196,455 |
Total Revenue from Contributions, Gifts, Grants & Similar | $6,024,555 |
Total Program Service Revenue | $6,847,495 |
Investment income | $1,210 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$19,558 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,853,702 |
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. | $657,850 |
Compensation of current officers, directors, key employees. | $170,100 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,733,949 |
Pension plan accruals and contributions | $141,887 |
Other employee benefits | $707,139 |
Payroll taxes | $460,370 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,871 |
Fees for services: Accounting | $67,379 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $646,762 |
Advertising and promotion | $138,432 |
Office expenses | $909,880 |
Information technology | $314,917 |
Royalties | $0 |
Occupancy | $397,945 |
Travel | $127,119 |
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 | $247,960 |
Insurance | $38,337 |
All other expenses | $0 |
Total functional expenses | $12,037,401 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,313,432 |
Savings and temporary cash investments | $1,483,565 |
Pledges and grants receivable | $96,271 |
Accounts receivable, net | $1,379,025 |
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 | $20,681 |
Net Land, buildings, and equipment | $2,774,466 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $47,101 |
Intangible assets | $0 |
Other assets | $16,282 |
Total assets | $7,130,823 |
Accounts payable and accrued expenses | $709,817 |
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 | $700,586 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,410,403 |
Net assets without donor restrictions | $5,720,420 |
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 | $7,130,823 |
Over the last fiscal year, we have identified 1 grants that Cabarrus Rowan Community Health Centers Inc has recieved totaling $7,500.
Awarding Organization | Amount |
---|---|
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $7,500 |
Organization Name | Assets | Revenue |
---|---|---|
Music City Prep Clinic Nashville, TN | $24,330,641 | $46,316,294 |
Roane County Medical Center Knoxville, TN | $54,535,174 | $48,581,475 |
Maury Regional Medical Group Inc Columbia, TN | $4,063,673 | $38,290,405 |
Blue Ridge Community Health Services Inc Hendersonville, NC | $38,668,696 | $50,334,555 |
Lincoln Community Health Center Incorporated Durham, NC | $16,530,491 | $39,154,864 |
Neighborhood Health Alexandria, VA | $23,469,014 | $38,855,948 |
Carolina Family Health Centers Inc Wilson, NC | $48,116,306 | $44,586,174 |
Southside Medical Center Inc Atlanta, GA | $22,122,314 | $28,912,348 |
Robeson Health Care Corporation Pembroke, NC | $28,467,259 | $28,907,819 |
Carolina Health Centers Inc Greenwood, SC | $17,416,636 | $29,202,487 |
The Family Health Centers Of Georgia Inc Atlanta, GA | $11,223,312 | $25,298,957 |
Moore Free And Charitable Clinic Inc Southern Pines, NC | $1,229,059 | $24,932,773 |