Healthcare Anchor Network Inc
- Assets
- $7.7m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 18
- Location
- Washington, DC
- Founding
- Data as of
- 12/2023
- EIN
- 86-2147253
Organization Overview
Healthcare Anchor Network Inc, operating under the name Han, is located in Washington, DC. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 12/2023, Han employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Han 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 12/2023, Han generated $5.2m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. 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
HAN CATALYZES HEALTH SYSTEMS TO BUILD INCLUSIVE LOCAL ECONOMIES THAT SUSTAIN HEALTHY COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HAN WORKS WITH THE SYSTEMS TO INCUBATE AND SCALE STRATEGIES THAT ESTABLISH THE ANCHOR MISSION AS A HEALTHCARE SECTOR PRIORITY. HAN PROVIDES STRATEGIC SUPPORT, CURATES DEEP-DIVE PEER CONVERSATIONS, AND FACILITATES INITIATIVE WORKGROUPS FOR MEMBERS AS THEY DEVELOP, INNOVATE, LAUNCH, GROW, AND INSTITUTIONALIZE ANCHOR MISSION STRATEGIES AT THEIR INSTITUTIONS. HAN SUPPORTS HEALTH SYSTEMS IN IMPLEMENTING THE ANCHOR MISSION PILLARS BY RAISING THE BAR FOR ANCHOR MISSION STRATEGIES THROUGH DEFINING BEST-IN-CLASS COMMITMENTS AND LEVERAGING SECTOR RECOGNITION; ACCELERATING THE ADOPTION OF ANCHOR STRATEGIES INTERNALLY, IN PARTNERSHIP WITH OTHER ANCHORS, AND IN AUTHENTIC COLLABORATION WITH THE COMMUNITY; FOSTERING HIGH-IMPACT INDUSTRY COLLABORATION TO SCALE THE IMPACT OF THE ANCHOR MISSION APPROACH.
COMMUNITY ECONOMIC DEVELOPMENT THAT IS INCLUSIVE OF COMMUNITY IS EMBEDDED IN ALL AREAS OF OUR WORK STREAMS FOCUSED ON IMPROVING THE INCOME AND WEALTH OF DISADVANTAGED COMMUNITIES. HAN ALSO PROVIDES COACHING AND FACILITATED PEER LEARNING COHORTS WITH PLACE-BASED INITIATIVES.HAN'S COLLABORATING WITH COMMUNITY STAKEHOLDERS GROUP AIMS FOR COMMUNITY ENGAGEMENT THAT IS ALIGNED WITH ANCHOR STRATEGY LEADS AND CROSS-INSTITUTIONAL ANCHOR MISSION TEAMS TO ALLOW FOR MORE EFFECTIVE DESIGN, IMPLEMENTATION, AND EVALUATION OF ANCHOR STRATEGIESIN COLLABORATION WITH COMMUNITY STAKEHOLDERS, AND WHICH EMBODIES A COMMITMENT TO RACIAL AND ECONOMIC EQUITY BOTH IN PROCESS AND OUTCOME.
HAN CONDUCTS RESEARCH AND ASSESSMENT OF HEALTH SYSTEMS, COMMUNITY FOUNDATIONS, AND OTHER PLACE-BASED ANCHOR INSTITUTIONS. THE PURPOSE IS TO BUILD A COMPELLING EVIDENCE BASE FOR ANCHOR MISSION STRATEGIES.HAN AND ITS MEMBERS HAVE WORKED TOGETHER TO BUILD THE FRAMEWORK FOR ANCHOR METRICS THAT CREATE AN UNDERSTANDING OF PROGRAM-LEVEL ACTIVITIES (E.G., LOCAL HIRING) WITHIN HEALTH SYSTEMS. HAN HAS DEVELOPED AND LAUNCHED AN INTERNAL DASHBOARD PLATFORM FOR MEMBER SYSTEMS TO TRACK COLLECTIVE AND INDIVIDUAL PROGRESS OVER TIME.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Vu Board Chair | OfficerTrustee | 1 | $0 |
Samuel Ross Treasurer | OfficerTrustee | 1 | $0 |
Alyia Gaskins Secretary | OfficerTrustee | 1 | $0 |
Michellene Davis Board Member | Trustee | 1 | $0 |
Dr Somava Saha Board Member | Trustee | 1 | $0 |
Dave Zuckerman President | Officer | 40 | $132,846 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,267,500 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,375,844 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,643,344 |
| Total Program Service Revenue | $408,344 |
| Investment income | $172,589 |
| 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 | $5,225,351 |
| 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. | $454,228 |
| Compensation of current officers, directors, key employees. | $90,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $790,960 |
| Pension plan accruals and contributions | $85,495 |
| Other employee benefits | $252,880 |
| Payroll taxes | $108,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,455 |
| Fees for services: Accounting | $83,903 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $878,073 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $44,855 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $357,580 |
| 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 | $4,482 |
| Insurance | $7,611 |
| All other expenses | $56,599 |
| Total functional expenses | $3,193,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,140 |
| Savings and temporary cash investments | $4,972,898 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,360,619 |
| 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 | $64,364 |
| Net Land, buildings, and equipment | $15,904 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,665,925 |
| Accounts payable and accrued expenses | $144,597 |
| 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 | $144,597 |
| Net assets without donor restrictions | $4,896,435 |
| Net assets with donor restrictions | $2,624,893 |
| 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 | $7,665,925 |