Center For Health Innovation
- Assets
- $868.1k
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 37
- Location
- Silver City, NM
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 47-2498200
Organization Overview
Center For Health Innovation is located in Silver City, NM. 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. As of 12/2021, Center For Health Innovation employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Health Innovation 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, Center For Health Innovation generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 13.3% 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
WORKING WITH COMMUNITIES TO ADVANCE HEALTH AND SOCIAL JUSTICE THROUGH INNOVATIVE AND EFFECTIVE POLICIES AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT TO NONPROFIT ORGANIZATIONS WITH A PUBLIC HEALTH AND/OR SOCIAL SERVICE FOCUS. USING A SHARED SERVICES MODEL, WE PROVIDE FINANCIAL, PROGRAM MANAGEMENT, RESOURCE DEVELOPMENT, AND ORGANIZATIONAL AND SYSTEMS IMPROVEMENT SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Chaires Vice-Pres | OfficerTrustee | 0.5 | $0 |
Katy Estrada Sec/treas | OfficerTrustee | 1 | $0 |
Magdaleno Manzanarez President | OfficerTrustee | 1 | $0 |
Manuela Mcdonough Board Member | Trustee | 0.5 | $0 |
John E Kutinac Board Member | Trustee | 0.5 | $0 |
Joaquin Baca Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,702,471 |
| All other contributions, gifts, grants, and similar amounts not included above | $913,831 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,616,302 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,616,302 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,046,586 |
| Pension plan accruals and contributions | $19,584 |
| Other employee benefits | $101,898 |
| Payroll taxes | $80,186 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,683 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $905,953 |
| Advertising and promotion | $15,071 |
| Office expenses | $104,778 |
| Information technology | $5,527 |
| Royalties | $0 |
| Occupancy | $45,179 |
| Travel | $10,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,578 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,350 |
| All other expenses | $0 |
| Total functional expenses | $2,432,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $423,356 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $442,125 |
| 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 | $2,650 |
| 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 | $868,131 |
| Accounts payable and accrued expenses | $357,840 |
| Grants payable | $0 |
| Deferred revenue | $213,481 |
| 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 | $571,321 |
| Net assets without donor restrictions | $296,810 |
| 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 | $868,131 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Center For Health Innovation has recieved totaling $32,500.
| Awarding Organization | Amount |
|---|---|
Marshall L And Perrine D Mccune Charitable Foundation Santa Fe, NM PURPOSE: GENERAL OPERATING SUPPORT (NMCDC DATA-FOR-ACTION CAPACITY BUILDING TO AID NM NON-PROFITS, SUPPLEMENT COVID-19 RESPONSE, AND STRENGTHEN SUSTAINABILITY) | $25,000 |
Illinois Public Health Institute Chicago, IL PURPOSE: Collaborate locally to increase data-sharing | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Meridian Corporation Austin, TX | $22,335,966 | $20,374,244 |
Village Tech Schools Duncanville, TX | $32,290,922 | $14,785,373 |
Wgu Labs Salt Lake City, UT | $5,412,542 | $17,199,300 |
Bexar County Performing Arts Center Foundation San Antonio, TX | $183,646,136 | $8,087,390 |
Legacy Traditional School Maricopa Chandler, AZ | $18,281,409 | $11,917,984 |
Turing School Of Software And Design Denver, CO | $6,210,648 | $10,301,401 |
Hispanic Association Of Colleges And Universities San Antonio, TX | $14,909,180 | $14,551,149 |
Rooted Denver, CO | $4,963,250 | $7,608,549 |
Passages America Israel Inc Allen, TX | $8,997,691 | $7,060,714 |
United States Space Foundation Colorado Springs, CO | $16,544,992 | $7,378,299 |
Extend-A-Care Inc Austin, TX | $4,350,683 | $9,102,758 |
Educate Girls Austin, TX | $42,960,470 | $14,126,525 |