Tennessee Health Care Association
- Assets
- $8.4m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 12
- Location
- Brentwood, TN
- Founding
- 04/1969
- Data as of
- 12/2023
- EIN
- 62-0789965
Organization Overview
Tennessee Health Care Association is located in Brentwood, TN. The organization was established in 1969. According to its NTEE Classification (E01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Health Care and related organizations. As of 12/2023, Tennessee Health Care Association employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessee Health Care Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Tennessee Health Care Association generated $4.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $4.0m during the year ending 12/2023. While expenses have increased by 2.3% per year over the past 9 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
TO MAINTAIN HIGH STANDARDS FOR NURSING HOMES IN THE STATE OF TENNESSEE AND TO SEEK THE SOLUTIONS TO PROBLEMS COMMON TO MEMBERS OF THE ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SEMINARS - COSTS ASSOCIATED WITH CONDUCTING SEMINARS IN ORDER TO EDUCATE AND DEVLEOP SKILLS FOR OPERATING LONG-TERM HEALTH CARE FACILITIES.
MEMBERSHIP SUPPORT AND STAFFING
CONVENTIONS, CONFERENCES, TRADE SHOWS - COSTS ASSOCIATED WITH CONDUCTING CONVENTIONS, CONFERENCES, AND TRADE SHOWS TO INFORM MEMBERS OF LATEST LEGAL GOVERNMENTAL, AND OPERATIONAL DEVELOPMENTS CONCERNING HEALT CARE.
PRINTING AND PUBLICATIONS - COSTS ASSOCIATED WITH THE PRINTING AND DISTRIBUTION OF NEWSLETTERS AND OTHER INFORMATION TO MEMBERS AND OTHER INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonya Kemp President | OfficerTrustee | 1 | $0 |
Bobby Meadows Vice President | OfficerTrustee | 1 | $0 |
Greg Haynes Secretary/treasurer | OfficerTrustee | 1 | $0 |
Paul Martin Nonprofit Council VP | Trustee | 1 | $0 |
Brent Hinson Independent Prop Countil VP | Trustee | 1 | $0 |
Brandon Vincent Multifacility Council VP | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $250,000 |
| 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 | $250,000 |
| Total Program Service Revenue | $3,665,470 |
| Investment income | $173,502 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $100,000 |
| 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 | $4,208,972 |
| 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. | $1,172,873 |
| Compensation of current officers, directors, key employees. | $293,218 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $301,508 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $233,511 |
| Payroll taxes | $93,902 |
| 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 | $0 |
| Fees for services: Other | $529,481 |
| Advertising and promotion | $0 |
| Office expenses | $186,954 |
| Information technology | $58,309 |
| Royalties | $0 |
| Occupancy | $18,870 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $321,236 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,321 |
| Insurance | $0 |
| All other expenses | $66,762 |
| Total functional expenses | $4,009,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,615,312 |
| Savings and temporary cash investments | $355,732 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $242,593 |
| 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 | $32,523 |
| Net Land, buildings, and equipment | $1,827,709 |
| Investments—publicly traded securities | $4,223,342 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $81,065 |
| Total assets | $8,378,276 |
| Accounts payable and accrued expenses | $199,641 |
| Grants payable | $0 |
| Deferred revenue | $1,582,394 |
| 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 | $59,608 |
| Total liabilities | $1,841,643 |
| Net assets without donor restrictions | $6,536,633 |
| 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 | $8,378,276 |