Careconnect Health Inc
- Assets
- $64.0m
- Revenue
- $69.7m
- Investments
- $0.0
- Employees
- 670
- Location
- Richland, GA
- Founding
- 01/1981
- Data as of
- 01/2022
- EIN
- 58-1335405
Organization Overview
Careconnect Health Inc is located in Richland, GA. The organization was established in 1981. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, under the broad grouping of Health Care and related organizations. As of 01/2022, Careconnect Health Inc employed 670 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Careconnect Health 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 01/2022, Careconnect Health Inc generated $69.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $48.4m during the year ending 01/2022. While expenses have increased by 21.4% 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
THE ORGANIZATION PROVIDES HEALTH CARE TO INDIVIDUALS REGARDLESS OF THEIR ABILITY TO PAY. THIS IS A DIRECT FULFILLMENT OF THEIR TAX EXEMPT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES HEALTH CARE REGARDLESS OF THE INDIVIDUALS ABILITY TO PAY. THESE MEDICAL SERVICES ARE PROVIDED IN AREAS THAT HAVE A SHORTAGE OF HEALTH CARE PROVIDERS. THIS IS A DIRECT FULFILLMENT OF THEIR TAX EXEMPT PURPOSE. OVER 350,200 VISITS WERE PROVIDED DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ajay Gehlot Chief Executive Officer/medical Director | Officer | 40 | $621,318 |
Mark Wilson Physician | 40 | $399,981 | |
Mohan Papadesu Physician | 40 | $348,554 | |
Kenneth Healey Physician | 40 | $336,569 | |
Mark Branch Physician | 40 | $322,527 | |
Samantha D Manderson Physician | 40 | $322,311 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Britt Miller's Contracting Inc Contract Construction Services | 1/30/22 | $2,270,955 |
Change Healthcare Inc Contract Ehr Services | 1/30/22 | $141,563 |
Eclinicalworks Llc Contract Billing Services | 1/30/22 | $465,087 |
Four Purity Sake Contract Janitorial Services | 1/30/22 | $138,100 |
Netsystems Inc Contract It Support | 1/30/22 | $540,379 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $17,572,005 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,499,384 |
| Noncash contributions included in lines 1a–1f | $1,499,384 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,071,389 |
| Total Program Service Revenue | $50,551,780 |
| Investment income | $119,417 |
| 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 | $69,742,586 |
| 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. | $949,928 |
| Compensation of current officers, directors, key employees. | $294,478 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $26,665,203 |
| Pension plan accruals and contributions | $638,660 |
| Other employee benefits | $1,270,935 |
| Payroll taxes | $1,867,530 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,483 |
| Fees for services: Accounting | $39,275 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $956,778 |
| Advertising and promotion | $0 |
| Office expenses | $2,888,119 |
| Information technology | $662,263 |
| Royalties | $0 |
| Occupancy | $2,101,755 |
| Travel | $127,919 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,137 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $727,975 |
| Insurance | $153,345 |
| All other expenses | $0 |
| Total functional expenses | $48,396,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,447,438 |
| Savings and temporary cash investments | $23,255,221 |
| Pledges and grants receivable | $141,667 |
| Accounts receivable, net | $9,696,543 |
| 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 | $100,160 |
| Net Land, buildings, and equipment | $16,368,068 |
| Investments—publicly traded securities | $2,238,796 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $768,585 |
| Total assets | $64,016,478 |
| Accounts payable and accrued expenses | $2,108,381 |
| 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 | $812,102 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $768,585 |
| Total liabilities | $3,689,068 |
| Net assets without donor restrictions | $60,327,410 |
| 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 | $64,016,478 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Careconnect Health Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellmont Medical Associates Inc Johnson City, TN | $20,115,154 | $123,355,433 |
Moses Cone Physician Services Inc Greensboro, NC | $50,601,187 | $84,107,412 |
Mcr Health Inc Bradenton, FL | $52,953,795 | $132,692,059 |
Cooperative Healthcare Services Inc Brunswick, GA | $14,369,691 | $76,135,784 |
Baptist Outpatient Services Inc Coral Gables, FL | $72,512,245 | $111,118,872 |
Ut Le Bonheur Pediatric Specialists Inc Memphis, TN | $10,488,131 | $58,933,754 |
Ut Medical Group Inc Memphis, TN | $46,840,013 | $90,614,625 |
Columbus Ambulatory Healthcare Services Inc Columbus, GA | $18,745,132 | $56,730,449 |
Borinquen Health Care Center Inc Miami, FL | $25,345,345 | $55,017,243 |
Collier Health Services Inc Immokalee, FL | $85,865,305 | $62,719,568 |
Brevard Health Alliance Inc West Melbourne, FL | $40,519,404 | $57,510,485 |
Wellmont Cardiology Services Johnson City, TN | $7,928,390 | $49,063,818 |