Healthnet Aeromedical Services Inc

Organization Overview

Healthnet Aeromedical Services Inc is located in Charleston, WV. The organization was established in 1997. According to its NTEE Classification (E62) the organization is classified as: Emergency Medical Services & Transport, under the broad grouping of Health Care and related organizations. As of 12/2021, Healthnet Aeromedical Services Inc employed 356 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthnet Aeromedical Services 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, Healthnet Aeromedical Services Inc generated $42.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $42.2m during the year ending 12/2021. While expenses have increased by 5.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE QUALITY AND AVAILABILITY OF HEALTH CARE IN THE STATE OF WEST VIRGINIA AND TO PROVIDE FACILITIES, EQUIPMENT AND SERVICES TO ITS MEMBERS IN ORDER TO CARRY OUT SUCH PURPOSES AND TO REDUCE AND CONTROL THE COST THEREOF. TO PROVIDE EMERGENCY AND NON-EMERGENCY AIR AND GROUND TRANSPORTATION, TREATMENT AND CARE TO PATIENTS WITHOUT DISTINCTION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDED APPROXIMATELY 4,965 FLIGHTS AND 24,045 GROUND TRANSPORTS FOR PATIENTS REQUIRING EMERGENCY TRANSPORTATION TO RECEIVE APPROPRIATE TREATMENT AND CARE.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Air Methods Corp
Aviation Services
$13,676,380
Quick Med Claims Llc
Billing Services
$1,232,408
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $168,130
All other contributions, gifts, grants, and similar amounts not included above$37,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$205,630
Total Program Service Revenue$41,402,899
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $28,717
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $42,193,095

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