Cape Fear Clinic Inc
- Assets
- $342.1k
- Revenue
- $962.7k
- Investments
- $0.0
- Employees
- 23
- Location
- Wilmington, NC
- Founding
- 09/1997
- Data as of
- 06/2022
- EIN
- 56-1984630
Organization Overview
Cape Fear Clinic Inc is located in Wilmington, NC. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Cape Fear Clinic Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cape Fear Clinic 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 06/2022, Cape Fear Clinic Inc generated $962.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 5.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CAPE FEAR CLINIC PROVIDES COMPASSIONATE AND AFFORDABLE PATIENT-CENTERED HEALTHCARE TO LOW INCOME INDIVIDUALS AND FAMILIES IN THE CAPE FEAR REGION, REGARDLESS OF THEIR ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN FISCAL YEAR 2021/22, THE CLINIC PROVIDED APPROXIMATELY 6,000 APPOINTMENT SLOTS TO SERVE 1,298 UNDUPLICATED PATIENTS. THE ONSITE FULL-TIME, FULL-SERVICE PHARMACY DISPENSED 23,736 PRESCRIPTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Devaney President & CEO | Officer | 40 | $103,264 |
Catherine Mclaughlin Chair | OfficerTrustee | 1 | $0 |
Sally Cummings Treasurer | OfficerTrustee | 1 | $0 |
Daniel J Duffy Vice Chair | OfficerTrustee | 1 | $0 |
Brian Piccirilli Secretary | OfficerTrustee | 1 | $0 |
Michael Kane Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $206,564 |
| All other contributions, gifts, grants, and similar amounts not included above | $604,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $811,360 |
| Total Program Service Revenue | $89,280 |
| 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 | $62,037 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $962,677 |
| 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. | $125,021 |
| Compensation of current officers, directors, key employees. | $100,307 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $667,263 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,395 |
| Payroll taxes | $62,647 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $111,423 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $66,017 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $804 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $21,601 |
| Insurance | $10,184 |
| All other expenses | $0 |
| Total functional expenses | $1,203,548 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,393 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $31,722 |
| 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 | $7,915 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $75,847 |
| Investments—publicly traded securities | $16,186 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $342,063 |
| Accounts payable and accrued expenses | $24,635 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $70,000 |
| Other liabilities | $0 |
| Total liabilities | $94,635 |
| Net assets without donor restrictions | -$28,458 |
| Net assets with donor restrictions | $275,886 |
| 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 | $342,063 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cape Fear Clinic Inc has recieved totaling $6,500.
| Awarding Organization | Amount |
|---|---|
Landfall Foundation Inc Wilmington, NC PURPOSE: Charitable Support | $6,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
C D Spangler Foundation Inc Charlotte, NC | $547,764,463 | $34,692,558 |
The Henry W Grady Health System Foundation Inc Atlanta, GA | $41,862,389 | $12,481,516 |
Haslam Family Foundation Inc Knoxville, TN | $7,594,271 | $428,205 |
The Ezrah Charitable Trust Charlotte, NC | $259,414,844 | $89,054,665 |
Robert E And Jenny D Kirkland Foundation Union City, TN | $287,925,102 | $17,113,043 |
Speer Foundation Brentwood, TN | $160,979,713 | $8,246,449 |
The Haslam 3 Foundation Inc Knoxville, TN | $5,285,692 | $10,045,433 |
Phil J And Alice S Sheridan Foundation Inc Macon, GA | $17,357,251 | $6,663,970 |
Davis Love Iii Foundation St Simons Island, GA | $5,238,841 | $10,992,325 |
Scarlett Family Foundation Nashville, TN | $163,054,305 | $18,551,241 |
Manning Family Foundation Charlottesville, VA | $313,144,000 | $17,216,650 |
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |