Anc Healthcare Inc

Anc Healthcare Inc Overview

Anc Healthcare Inc is located in Winter Park, FL. The organization was established in 1982. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 09/2020, Anc Healthcare Inc generated $16.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $667.8m during the year ending 09/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Anc Healthcare Inc has awarded 60 individual grants totaling $1,507,055,060. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE FORM 990, PART III, LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ENTITY SOLD THE OPERATING FACILITIES OF THE HEALTH SYSTEM AND A SUBSTANTIAL PORTION OF THE ASSETS, INCLUDING THOSE OF ITS SUBSIDIARIES, IN THE PRIOR YEAR. THE ORGANIZATION CONTINUES TO MAINTAIN OVERSITE OF ITS SUBSIDIARIES DURING THE PROCESS OF LIQUIDATION AND EVENTUAL TERMINATION. CURRENT ACTIVITY INCLUDES WINDING DOWN THE REMAINING AFFAIRS OF THE HEALTH SYSTEM, INCLUDING COLLECTION AND SETTLEMENT OF OUTSTANDING RECEIVABLES AND LIABILITIES, AND DISTRIBUTION OF ASSETS. THE ENTITY IS IN THE PROCESS OF WINDING DOWN FOR EVENTUAL TERMINATION.


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Anc Healthcare Inc Board, Officers & Key Employees

Name (title)Compensation
Thomas Maher
Vice Chair
$0
John W Garrett MD
Chair
$0
Neil Luria
Ceo/chief Wind-Down Office
$0
Matthew Rubin
Cfo/secretary
$0
Gregory Hagood
Chief Transition Officer
$0
Meg Finnegan
VP Hr
$0

Anc Healthcare Inc Vendors

Vendor Name (Service)Compensation
Solic Capital Advisors Llc
Wind Down Consulting
$991,666
Faegre Drinker Biddle & Reath Llp
Legal
$723,001
Robinson Bradshaw & Hinson
Legal
$450,512
Willis Towers Watson
Insurance Consulting
$524,091
Gibbins Advisors
Oversight Consulting
$423,899
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$10,703,057
Investment income $4,001,182
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,593,543
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $16,442,127

Anc Healthcare Inc Grants Awarded

Over the last fiscal year, Anc Healthcare Inc has awarded $653,495,781 in support to 7 organizations.

Grant RecipientAmount

DOGWOOD HEALTH TRUST

Org PageRecipient Profile

Asheville, NC

PURPOSE: GENERAL PURPOSE

$618,758,322

NANTAHALA HEALTH FOUNDATION

Org PageRecipient Profile

Franklin, NC

PURPOSE: GENERAL PURPOSE

$9,737,459

HIGHLANDS CASHIERS HEALTH FOUNDATION

Org PageRecipient Profile

Highlands, NC

PURPOSE: GENERAL PURPOSE

$5,000,000

WNC BRIDGE FOUNDATION

Org PageRecipient Profile

Arden, NC

PURPOSE: GENERAL PURPOSE

$5,000,000

AMY WELLNESS FOUNDATION

Org PageRecipient Profile

Spruce Pine, NC

PURPOSE: GENERAL PURPOSE

$5,000,000

PISGAH HEALTH FOUNDATION

Org PageRecipient Profile

Brevard, NC

PURPOSE: GENERAL PURPOSE

$5,000,000
View Grant Profile

Anc Healthcare Inc Grants Recieved

Over the last fiscal year, we have identified 3 grants that Anc Healthcare Inc has recieved totaling $424,858.

Awarding OrganizationAmount
Americares Foundation Inc

Stamford, CT

PURPOSE: ON-GOING

$365,521
The Childrens Hospital Of Philadelphia

Philadelphia, PA

PURPOSE: RESEARCH

$50,871
Pediatric Brain Tumor Foundation Of The United States Inc

Asheville, NC

PURPOSE: VS. CANCER GRANT

$8,466
View Grant Recipient Profile

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