La Casa De Buena Salud Inc
- Assets
- $14.5m
- Revenue
- $22.3m
- Investments
- $0.0
- Employees
- 298
- Location
- Portales, NM
- Founding
- 07/1975
- Data as of
- 07/2021
- EIN
- 23-7429653
Organization Overview
La Casa De Buena Salud Inc is located in Portales, NM. The organization was established in 1975. 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 07/2021, LA Casa DE Buena Salud Inc employed 298 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Casa DE Buena Salud 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 07/2021, LA Casa DE Buena Salud Inc generated $22.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $17.8m during the year ending 07/2021. While expenses have increased by 4.4% per year over the past 6 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
LA CASA DE BUENA SALUD, INC. DOING BUSINESS AS LA CASA FAMILY HEALTH CENTER AND DOING BUSINESS AS LA CASA COMMUNITY BEHAVIORAL HEALTH IS AN INNOVATIVE, COMMUNITY-BASED, FINANCIALLY RESOURCEFUL, TOTAL HEALTHCARE ORGANIZATION COMMITTED TO PROVIDING EVIDENCED-BASED QUALITY PRIMARY CARE, BEHAVIORAL HEALTH AND DENTAL CARE SERVICES FOR EVERYONE WITH EMPHASIS ON THE MEDICALLY UNDERSERVED IN SOUTHEAST NEW MEXICO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HIGH-QUALITY, COMPREHENSIVE MEDICAL, DENTAL, AND BEHAVIORAL HEALTH CARE SERVICES TO THE SOUTHEASTERN NEW MEXICO COMMUNITIES OF PORTALES, CLOVIS, ROSWELL AND HONDO. TOTAL PATIENT VISITS FOR THE YEAR WERE 67,210.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seferino Montano CEO | Officer | 40 | $527,924 |
Dr Giddel Thom Chief Medical Officer | 40 | $445,174 | |
Chandra Yangalasetty Physician | 40 | $432,001 | |
Maximo Torres Physician | 40 | $323,972 | |
Ninad Shet Physician | 40 | $315,305 | |
Gangadhar Immanni Dentist | 40 | $250,512 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,017,831 |
| All other contributions, gifts, grants, and similar amounts not included above | $146,303 |
| Noncash contributions included in lines 1a–1f | $134,045 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,164,134 |
| Total Program Service Revenue | $10,364,216 |
| Investment income | $719 |
| 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 | $22,322,824 |
| 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. | $1,408,670 |
| Compensation of current officers, directors, key employees. | $1,408,670 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,079,265 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $675,182 |
| Payroll taxes | $635,144 |
| 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 | $1,087,034 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,615,684 |
| Travel | $49,457 |
| 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 | $106,589 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $17,791,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,644,246 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $8,146,048 |
| Accounts receivable, net | $1,020,672 |
| 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 | $473,897 |
| Net Land, buildings, and equipment | $2,684,975 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $575,336 |
| Total assets | $14,545,174 |
| Accounts payable and accrued expenses | $992,691 |
| 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 | $992,691 |
| Net assets without donor restrictions | $4,532,955 |
| Net assets with donor restrictions | $9,019,528 |
| 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 | $14,545,174 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that La Casa De Buena Salud Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
American Heart Association Inc Dallas, TX PURPOSE: EQUIPMENT UPGRADE | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunrise Community Health Evans, CO | $52,266,159 | $54,538,901 |
Hillcrest Physician Services Dallas, TX | $11,503,120 | $45,913,691 |
Neighborhood Outreach Access To Health Phoenix, AZ | $35,411,015 | $56,291,302 |
Mariposa Community Health Center Nogales, AZ | $40,350,398 | $50,724,664 |
Ben Archer Health Center Hatch, NM | $78,653,234 | $54,829,875 |
First Choice Community Healthcare Inc Albuquerque, NM | $26,183,397 | $40,417,139 |
Central Oklahoma American Indian Health Council Inc Oklahoma City, OK | $34,134,466 | $49,159,437 |
Pueblo Community Health Center Inc Pueblo, CO | $55,236,903 | $40,314,401 |
Hillcrest Family Health Center Dallas, TX | $7,452,241 | $36,599,949 |
United Medical Centers Eagle Pass, TX | $26,747,784 | $39,673,327 |
Su Clinica Familiar Harlingen, TX | $25,487,361 | $37,113,425 |
Gateway Community Health Center Inc Laredo, TX | $26,723,902 | $39,413,033 |