Progressive Healthcare Providers Inc
- Assets
- $287.1k
- Revenue
- $261.0k
- Investments
- $0.0
- Employees
- 2
- Location
- Collierville, TN
- Founding
- 10/1995
- Data as of
- 06/2024
- EIN
- 58-2103656
Organization Overview
Progressive Healthcare Providers Inc is located in Collierville, TN. The organization was established in 1995. As of 06/2024, Progressive Healthcare Providers Inc employed 2 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Progressive Healthcare Providers 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 06/2024, Progressive Healthcare Providers Inc generated $261.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $226.6k during the year ending 06/2024. While expenses have increased by 2.5% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISH, ACQUIRE, AND MAINTAIN NON-PROFIT HEALTHCARE PROGRAMS AND SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE OVERSIGHT FOR NON-PROFIT HEALTHCARE ORGANIZATIONS WITH COMMON BOARD OWNERSHIP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles R Sykes Jr Coo/board Member | OfficerTrustee | 10 | $81,050 |
Barbara J Ray Board Member | Trustee | 1 | $12,000 |
Daniel C Langford Jr Secretary/treasurer/board Member | OfficerTrustee | 1 | $12,000 |
Sara Case Ceo/chairman Of The Board | OfficerTrustee | 10 | $87,000 |
Heather Looby Board Member | OfficerTrustee | 1 | $12,000 |
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 | $257,719 |
| Investment income | $3,267 |
| 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 | $260,986 |
| 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. | $204,050 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,863 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,482 |
| Fees for services: Accounting | $1,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,759 |
| Advertising and promotion | $0 |
| Office expenses | $3,068 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $226,616 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $245,738 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $41,347 |
| Total assets | $287,085 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $287,085 |
| Total liabilities and net assets/fund balances | $287,085 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Quality Innovators Richmond, VA | $20,410,732 | $16,386,582 |
Academy Of Communication In Healthcare Inc Lexington, KY | $1,187,538 | $1,595,330 |
North Carolina Academy Of Family Physicians Foundation Raleigh, NC | $3,435,794 | $1,070,113 |
Tift General Hospital Foundation Inc Tifton, GA | $10,232,832 | $826,755 |
Progressive Healthcare Providers Inc Collierville, TN | $287,085 | $260,986 |
Arthroplasty Foundation Inc Louisville, KY | $45,977 | $0 |
Asheville Medical Research Corporation Asheville, NC | $155,622 | $98,949 |