Lehigh Valley Business Coalition On Health Care Incorporated
- Assets
- $2.4m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Bethlehem, PA
- Founding
- 04/1981
- Data as of
- 09/2022
- EIN
- 23-2155696
Organization Overview
Lehigh Valley Business Coalition On Health Care Incorporated is located in Bethlehem, PA. The organization was established in 1981. According to its NTEE Classification (E31) the organization is classified as: Group Health Practices, under the broad grouping of Health Care and related organizations. As of 09/2022, Lehigh Valley Business Coalition On Health Care Incorporated employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lehigh Valley Business Coalition On Health Care Incorporated 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 09/2022, Lehigh Valley Business Coalition On Health Care Incorporated generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $829.9k during the year ending 09/2022. While expenses have increased by 8.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LVBCH WILL BE THE RECOGNIZED LEADER IN PROVIDING ACCESS TO QUALITY AND COST-EFFECTIVE HEALTH CARE PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESCRIPTION PROGRAM: AS PART OF AN AGREEMENT WITH EXPRESS SCRIPTS, THEY PAY THE COALITION $1.00 PER NET PAID CLAIM FOR THOSE EMPLOYERS THAT ARE ENROLLED IN THE PROGRAM.
EDUCATIONAL SEMINARS: THROUGHOUT THE YEAR, EDUCATIONAL PROGRAMS ARE HELD FOR MEMBERS AS WELL AS THE EMPLOYER COMMUNITY ON HEALTH CARE TOPICS. THEIR PROGRAMS ARE AVAILABLE TO MEMBERS AT NO COST TO THEM.
DENTAL PROGRAM: AS PART OF AN AGREEMENT WITH UNITED CONCORDIA DENTAL, THEY AGREED TO PAY $.05 PER CONTRACT FOR EMPLOYERS THAT ARE ENROLLED IN THE PROGRAM.
MEMBERSHIP DUES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Seitz Lvbch President | OfficerTrustee | 40 | $145,266 |
John Gross Secretary | OfficerTrustee | 0 | $0 |
Richard King Treasurer | OfficerTrustee | 0 | $0 |
Juliet Vestal Vice Chair | OfficerTrustee | 0 | $0 |
Lori Young Chair | OfficerTrustee | 0 | $0 |
Patti Florkowski Director | Trustee | 0 | $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 | $1,385,107 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $1,612 |
| 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 | $1,386,719 |
| 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. | $159,888 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $239,116 |
| Pension plan accruals and contributions | $7,437 |
| Other employee benefits | $18,325 |
| Payroll taxes | $31,742 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,545 |
| Fees for services: Accounting | $8,383 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $191,762 |
| Advertising and promotion | $15,744 |
| Office expenses | $19,058 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $30,729 |
| Travel | $11,995 |
| 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 | $0 |
| Insurance | $9,230 |
| All other expenses | $0 |
| Total functional expenses | $829,910 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $69,375 |
| Savings and temporary cash investments | $2,301,794 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,371,169 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $2,082,840 |
| Net assets with donor restrictions | $288,329 |
| 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 | $2,371,169 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lehigh Valley Business Coalition On Health Care Incorporated has recieved totaling $24,000.
| Awarding Organization | Amount |
|---|---|
National Alliance Of Healthcare Purchaser Coalitions Inc Washington, DC PURPOSE: PASS-THROUGH SUPPORT | $24,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Butler Medical Providers Butler, PA | $19,248,313 | $87,438,557 |
Upper Chesapeake Medical Services Inc Bel Air, MD | $8,746,734 | $70,856,263 |
Caresource West Virginia Co Dayton, OH | $34,850,129 | $70,193,588 |
Mercy Health Services Inc Baltimore, MD | $50,989,055 | $61,018,770 |
University Orthopaedic Services Inc Cheektowaga, NY | $19,231,150 | $67,345,608 |
University Of Maryland Physicians Pa Baltimore, MD | $12,108,833 | $55,990,140 |
Univ Of Md Pathology Associates P A Baltimore, MD | $30,576,725 | $62,462,999 |
Total Health Care Inc Baltimore, MD | $37,031,323 | $48,696,719 |
Albert Einstein Healthcare Network Norristown, PA | $7,839,790 | $39,526,659 |
Academic Medicine Services Inc Amherst, NY | $13,449,740 | $46,145,494 |
University Of Buffalo Pediatric Associates P C Buffalo, NY | $15,840,260 | $40,658,673 |
University Of Maryland Diagnostic Imaging Specialists P A Baltimore, MD | $14,549,519 | $34,682,952 |