Horizon Health Partners Inc
- Assets
- $10.6m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Tarboro, NC
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 47-1777904
Organization Overview
Horizon Health Partners Inc is located in Tarboro, NC. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Horizon Health Partners 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 Partners Inc generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $832.2k during the year ending 12/2021. While expenses have increased by 15.3% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENSURE THE SUCCESSFUL CONSTRUCTION OF THE BIOTECH AND SIMULATION CENTER FOR EDGECOMBE COMMUNITY COLLEGE'S USE FOR ITS EXPANDED ALLIED HEALTH SCIENCES ACADEMIC PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Evans President | 15 | $0 | |
Reuben Blackwell Vice President And Director | 8 | $0 | |
Robin Webb Corbett Vice President | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Barnhill Contracting Company Construction | 12/30/15 | $7,852,999 |
Cmts Llc Consulting | 12/30/15 | $117,857 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | -$174,999 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,769,750 |
| Total Revenue | $3,426,988 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $341,871 |
| Taxes | $0 |
| Depreciation | $271,340 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53,647 |
| Total operating and administrative expenses | $832,237 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $832,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $173,957 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,681,718 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $8,749,747 |
| Other assets | $0 |
| Total assets | $10,605,422 |
| Accounts payable and accrued expenses | $48,971 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $7,915,230 |
| Other liabilities | $0 |
| Total liabilities | $7,964,201 |