Advanced Home Care Inc

Organization Overview

Advanced Home Care Inc is located in Charlotte, NC. The organization was established in 1994. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advanced Home 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 09/2021, Advanced Home Care Inc generated $9.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (36.1%) each year. All expenses for the organization totaled $2.9m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (47.0%) per year over the past 6 years. 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

HOME HEALTH CARE SERVICES TO THE COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

ADVANCED HOME CARE CEASED OPERATIONS IN FEBRUARY 2020. FINANCIAL INFORMATION PROVIDED IS WIND DOWN ACTIVITY.


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Board, Officers & Key Employees

Name (title)Compensation
Geoff Gardner
Board Chair
$0
Andy Barrow
Member
$0
Dr Robert Barnabei
Member
$0
Tonya Brown
Member
$0
Will Bryant
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Courier Express
Courier Services
$1,287,167
Cornerstone Therapy Services
Staffing Home Health Services
$1,287,167
Womble Bond Dickinson (Us) Llp
Legal
$924,045
Ceprint Solutions Inc
Printing
$213,264
Total Triage
Patient Call Center
$205,977
View All Vendors

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$0
Investment income $183,875
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,433,895
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,074,122

Grants Awarded

Over the last fiscal year, Advanced Home Care Inc has awarded $96,500 in support to 3 organizations.

Grant RecipientAmount

UNITED WAY OF NORTHERN SHENANDOAH VALLEY

Org PageRecipient Profile

Winchester, VA

PURPOSE: GENERAL SUPPORT

$35,500

NISWONGER CHILDREN'S HOSPITAL CO BALLAD HEALTH

Org PageRecipient Profile

Johnson City, TN

PURPOSE: GENERAL SUPPORT

$35,500

WELLSTAR COMMUNITY HOSPICE CO WELLSTAR HEALTH SYSTEM

Org PageRecipient Profile

Marietta, GA

PURPOSE: GENERAL SUPPORT

$25,500
View Grant Profile

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