The Accreditation Association For Hospitals And Health Systems
- Assets
- $0.0
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 11
- Location
- Cary, NC
- Founding
- 04/2015
- Data as of
- 10/2020
- EIN
- 45-5391458
Organization Overview
The Accreditation Association For Hospitals And Health Systems is located in Cary, NC. The organization was established in 2015. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 10/2020, Accreditation Association For Hospitals And Health Systems employed 11 individuals. Accreditation Association For Hospitals And Health Systems 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 10/2020, Accreditation Association For Hospitals And Health Systems generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $2.6m during the year ending 10/2020. While expenses have increased by 19.9% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ACCREDITATION OF HEALTHCARE FACILITIES LOCATED IN RURAL, SUBURBAN AND URBAN AREAS OF THE UNITED STATES BY SETTING STANDARDS, MEASURING PERFORMANCE, PROVIDING EDUCATION, AND PERFORMING ONSITE SURVEYS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH CARE ACCREDITATION THAT PROVIDES STANDARDS AND A SURVEY PROCESS ADDRESSING THE FOLLOWING: MAINTAINING CONSISTENCY OF STANDARDS APPLICABLE TO HEALTHCARE PROVIDED IN THE UNITED STATES; PROVIDING A VALUE-ADDED EDUCATION SERVICE RATHER THAN A PUNITIVE PROGRAM; IMPROVING QUALITY AND SAFETY THROUGH BEST PRACTICES AND BENCHMARKING; RAISING THE EFFECTIVENESS OF HOSPITAL, AMBULATORY SURGERY, AND LABORATORY STAFF; AND DEVELOPING AN ONGOING RELATIONSHIP WITH LEADERSHIP WITHIN THE HEALTHCARE FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Gravesmill CEO | Officer | 50 | $185,484 |
Angela Fitzsimmons Director Of Marketing | 50 | $100,467 | |
Mark S Defrancesco MD MBA Treasurer | OfficerTrustee | 1 | $0 |
Gary R Ley Mha Fache Board Chair | OfficerTrustee | 3 | $0 |
Brock Slabach MPH Fache Secretary | OfficerTrustee | 2 | $0 |
Jack Egnatinsky MD Director | Trustee | 1 | $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 | $2,025,228 |
| Investment income | $10,858 |
| 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 | $3,041 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,042,613 |
| 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. | $208,463 |
| Compensation of current officers, directors, key employees. | $67,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $756,095 |
| Pension plan accruals and contributions | $24,239 |
| Other employee benefits | $166,399 |
| Payroll taxes | $72,107 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $244,815 |
| Fees for services: Accounting | $81,652 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $249,701 |
| Advertising and promotion | $35,569 |
| Office expenses | $14,863 |
| Information technology | $11,780 |
| Royalties | $0 |
| Occupancy | $20,493 |
| Travel | $218,902 |
| 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 | $66,713 |
| Insurance | $10,472 |
| All other expenses | $0 |
| Total functional expenses | $2,581,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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 | $0 |
| 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 | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tanner Medical Center Alabama Inc Carrollton, GA | $31,437,988 | $12,456,019 |
Phoebe Worth Medical Center Inc Sylvester, GA | $18,817,624 | $19,090,060 |
Self Regional Healthcare Partners Greenwood, SC | $6,767,616 | $20,407,517 |
Virginia Hospital And Healthcare Association Richmond, VA | $19,880,672 | $18,293,974 |
Evans Memorial Hospital Inc Claxton, GA | $10,562,420 | $21,262,869 |
Regional Firstcare Inc Athens, GA | $5,793,232 | $17,787,266 |
Jasper Health Services Inc Monticello, GA | $12,062,395 | $19,352,667 |
Mercy Health Services Inc Franklin, TN | $12,768,568 | $16,512,853 |
Good Samaritan Hospice Inc Roanoke, VA | $13,418,274 | $13,966,596 |
Ncha Inc Cary, NC | $22,806,919 | $11,201,093 |
Dickenson Community Hospital Inc Johnson City, TN | $6,405,043 | $7,649,645 |
Hospital For Extended Recovery Norfolk, VA | $9,743,183 | $9,382,345 |