La Red Health Center Inc
- Assets
- $15.6m
- Revenue
- $15.9m
- Investments
- $0.0
- Employees
- 200
- Location
- Georgetown, DE
- Founding
- 01/2003
- Data as of
- 12/2021
- EIN
- 14-1850828
Organization Overview
La Red Health Center Inc is located in Georgetown, DE. The organization was established in 2003. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, LA Red Health Center Inc employed 200 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Red Health Center 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, LA Red Health Center Inc generated $15.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $13.7m during the year ending 12/2021. While expenses have increased by 7.4% 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
PROVIDE HEALTH CARE SERVICES TO THE MEDICALLY UNDERSERVED, UNINSURED, AND UNDER INSURED RESIDENTS OF SUSSEX COUNTY OF DELAWARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HEALTH CARE SERVICES TO UNDERSERVED, UNDERINSURED AND UNINSURED RESIDENTS OF SUSSEX COUNTY OF DELAWARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Rupp Physician | 40 | $214,449 | |
Fabricio Alarcon MD C.m.o. | Officer | 40 | $212,347 |
Marisel M Santiago-Gonzalez Physician | 40 | $208,219 | |
Rolando Gonzalez Physician | 40 | $204,283 | |
Lourdes Nunez Physician | 40 | $186,184 | |
Brian S Olson MBA C.e.o | Officer | 40 | $159,263 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,889,691 |
| All other contributions, gifts, grants, and similar amounts not included above | $441,027 |
| Noncash contributions included in lines 1a–1f | $433,742 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,330,718 |
| Total Program Service Revenue | $7,366,788 |
| Investment income | $0 |
| 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 | $15,852,497 |
| 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. | $863,499 |
| Compensation of current officers, directors, key employees. | $123,136 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,033,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,180,105 |
| Payroll taxes | $621,796 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $31,756 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $504 |
| Interest | $151,504 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $680,535 |
| Insurance | $89,932 |
| All other expenses | $1,295,495 |
| Total functional expenses | $13,682,019 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,332,061 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $576,085 |
| Accounts receivable, net | $4,552,382 |
| 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 | $23 |
| Net Land, buildings, and equipment | $7,169,227 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,629,778 |
| Accounts payable and accrued expenses | $1,133,427 |
| 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 | $4,396,611 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $421,720 |
| Total liabilities | $5,951,758 |
| Net assets without donor restrictions | $9,271,915 |
| Net assets with donor restrictions | $406,105 |
| 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 | $15,629,778 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that La Red Health Center Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Delta Dental Community Care Foundation San Francisco, CA PURPOSE: ACCESS TO CARE | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland Surgical Associates P A Baltimore, MD | $11,427,911 | $47,311,185 |
Great Lakes Physician Practice Pc Pittsburgh, PA | $14,269,559 | $33,003,744 |
Geisinger Community Health Services Danville, PA | $22,899,957 | $44,522,143 |
Indiana Healthcare Physician Services Inc Indiana, PA | $5,430,202 | $29,710,547 |
Ocean Health Initiatives Inc Neptune City, NJ | $23,142,154 | $32,670,727 |
Westside Family Healthcare Inc Wilmington, DE | $19,973,680 | $31,035,033 |
Nazareth Physician Services Inc Newtown Square, PA | $5,959,071 | $15,365,671 |
Luminis Health Imaging Inc Annapolis, MD | $107,355,337 | $31,767,215 |
Somerset Health Services Inc Pittsburgh, PA | $6,485,016 | $13,949,626 |
Saint Barnabas Outpatient Centers Oceanport, NJ | $205,475,117 | $42,770,691 |
Life St Mary Langhorne, PA | $24,507,893 | $27,954,426 |
Congreso De Latinos Unidos Inc Philadelphia, PA | $14,689,118 | $19,227,577 |