Horizon Health Care Inc
- Assets
- $27.4m
- Revenue
- $38.6m
- Investments
- $0.0
- Employees
- 351
- Location
- Howard, SD
- Founding
- 02/1978
- Data as of
- 12/2021
- EIN
- 46-0341255
Organization Overview
Horizon Health Care Inc is located in Howard, SD. The organization was established in 1978. 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 12/2021, Horizon Health Care Inc employed 351 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizon Health Care 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, Horizon Health Care Inc generated $38.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 60.5% each year . All expenses for the organization totaled $33.5m during the year ending 12/2021. While expenses have increased by 56.2% 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
HORIZON HEALTH CARE, INC. IS A RURAL FEDERALLY QUALIFIED HEALTHCENTER PROVIDING ACCESS TO HIGH-QUALITY, AFFORDABLE PRIMARY HEALTHCARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HORIZON HEALTH CARE, INC. IS A RURAL FEDERALLY QUALIFIED HEALTH CENTER PROVIDING ACCESS TO HIGH-QUALITY, AFFORDABLE PRIMARY HEALTHCARE SERVICES TO APROXIMATELY 27,000 PATIENTS IN 21 COMMUNITIES IN SOUTH DAKOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Menenhausen CEO (resigned 7/2021) | Officer | 40 | $294,472 |
Lance Lim Cheif Medical Officer | Officer | 32 | $288,422 |
Terry Weaver Physician | 36 | $279,379 | |
Michelle Scholtz Chief Dental Officer | Officer | 40 | $257,339 |
Danny Wolfgram Physician | 32 | $237,010 | |
Wade Erickson CEO (started 7/2021) | Officer | 40 | $221,442 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,545,012 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,042,914 |
| Noncash contributions included in lines 1a–1f | $1,026,914 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,587,926 |
| Total Program Service Revenue | $18,895,635 |
| Investment income | $37,657 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,097 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $38,593,167 |
| 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. | $1,748,211 |
| Compensation of current officers, directors, key employees. | $1,748,211 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,231,155 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,628,129 |
| Payroll taxes | $1,229,221 |
| Fees for services: Management | $84,500 |
| Fees for services: Legal | $31,585 |
| Fees for services: Accounting | $47,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,657,676 |
| Advertising and promotion | $443,930 |
| Office expenses | $869,596 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $757,768 |
| Travel | $197,250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,331 |
| Interest | $283,966 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,183,762 |
| Insurance | $123,627 |
| All other expenses | $288,227 |
| Total functional expenses | $33,508,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,139,753 |
| Savings and temporary cash investments | $2,306,020 |
| Pledges and grants receivable | $992,064 |
| Accounts receivable, net | $2,902,163 |
| Loans from Officers, Directors, or Controlling Persons | $17,486 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $409,353 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $731,769 |
| Net Land, buildings, and equipment | $16,855,048 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $62,334 |
| Total assets | $27,415,990 |
| Accounts payable and accrued expenses | $3,288,242 |
| Grants payable | $0 |
| Deferred revenue | $852,578 |
| 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 | $6,315,540 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,456,360 |
| Net assets without donor restrictions | $16,959,630 |
| 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 | $27,415,990 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Horizon Health Care Inc has recieved totaling $1,281,571.
| Awarding Organization | Amount |
|---|---|
Direct Relief Santa Barbara, CA PURPOSE: SUPPORT TO US CLINICS & HEALTH CENTERS FOR LOW-INCOME, UNINSURED PATIENTS | $1,275,571 |
South Dakota Community Foundation Pierre, SD PURPOSE: Healthcare | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Physicians Omaha, NE | $24,211,934 | $53,758,964 |
Primary Health Care Inc Des Moines, IA | $28,991,051 | $57,901,861 |
Siouxland Community Health Center Sioux City, IA | $43,865,314 | $45,291,903 |
Community Health Care Inc Davenport, IA | $35,608,530 | $43,984,779 |
Horizon Health Care Inc Howard, SD | $27,415,990 | $38,593,167 |
Bryan Health Lincoln, NE | $105,749,279 | $3,704,003 |
Rocky Boy Health Center Box Elder, MT | $119,785,395 | $45,013,923 |
Bighorn Valley Health Center Incorporated Hardin, MT | $33,246,318 | $29,161,617 |
Brainerd Medical Center Inc Brainerd, MN | $11,101,269 | $21,017,319 |
Community Health Centers Of Southeastern Iowa Inc West Burlington, IA | $25,641,167 | $29,368,531 |
Butte Silver Bow Primary Health Care Clinic Inc Butte, MT | $17,812,324 | $23,585,687 |
Charles Drew Health Center Inc Omaha, NE | $11,075,926 | $20,603,882 |