Ahsnf Inc
- Assets
- $34.4m
- Revenue
- $37.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- Data as of
- 12/2021
- EIN
- 84-2727303
Organization Overview
Ahsnf Inc is located in Charlotte, NC. According to its NTEE Classification (E24) the organization is classified as: Specialty Hospitals, 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. Ahsnf 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 12/2021, Ahsnf Inc generated $37.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (7.5%) each year. All expenses for the organization totaled $58.3m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE HEALTHCARE AND PUBLIC HEALTH BY OPERATING ONE OR MORE NURSING HOMES (INCLUDING SKILLED NURSING FACILITIES), HOSPITALS, AND/OR HEALTHCARE FACILITIES TO FACILITATE THE CHARITABLE AND GOVERNMENTAL PURPOSES AND ACTIVITIES OF SUCH FACILITIES THAT ARE OR MAY BECOME AFFILIATED WITH THE ORGANIZATION FROM TIME TO TIME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OWNS AND OPERATES SKILLED NURSING FACILITIES THAT PROVIDE SHORT-TERM NURSING AND REHABILITATION SERVICES, LONG-TERM CARE SERVICES, AND END OF LIFE CARE TO PATIENTS IN CHARLOTTE, NC AND ITS SURROUNDING COMMUNITIES.DURING CALENDAR YEAR 2021, THE ORGANIZATION PROVIDED SKILLED NURSING SERVICES TO 1,087 PATIENTS, INCLUDING 967 ADMISSIONS AND 112,181 DAYS OF CARE, AT FIVE LOCATIONS IN THE CHARLOTTE, NC METRO AREA, INCLUDING HUNTERSVILLE OAKS, SARDIS OAKS, CLEVELAND PINES, STANLY MANOR, AND JESSE HELMS NURSING CENTER.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony C Defurio Director, Secretary, Treasurer | OfficerTrustee | 1 | $0 |
Ken D Haynes Director, President | OfficerTrustee | 1 | $0 |
Rodney Ball Top Financial Official (fr 10/1/20) | Officer | 2 | $0 |
Collin Lane Top Mgmt Official (to 8/1/21) | Officer | 5 | $0 |
Scharee Lee Exec Dir - Cont Care | Officer | 40 | $0 |
Mike Stolzenbach Vp, Facilities, Cont Care | Officer | 15 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morrison Management Specialists Inc Dietary Services | 12/30/21 | $685,060 |
Aramark Healthcare Support Services Llc Environmental Services | 12/30/21 | $768,516 |
Sodexo Inc Dietary Services | 12/30/21 | $2,810,206 |
Healthpro Heritage Llc Therapy Services | 12/30/21 | $2,340,312 |
Rightsourcing Inc Contract Employment Services | 12/30/21 | $202,868 |
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 | $979 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $979 |
| Total Program Service Revenue | $37,410,859 |
| Investment income | $4 |
| 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 | $37,411,842 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $720 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,900,453 |
| Pension plan accruals and contributions | $1,110,684 |
| Other employee benefits | $4,744,955 |
| Payroll taxes | $1,365,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,940 |
| Fees for services: Other | $9,052,023 |
| Advertising and promotion | $15,479 |
| Office expenses | $164,195 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,955,594 |
| Travel | $24,841 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,940 |
| Interest | $669,676 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,512,831 |
| Insurance | $121,226 |
| All other expenses | $150,105 |
| Total functional expenses | $58,325,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,610 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,801,618 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $750 |
| Prepaid expenses and deferred charges | $34,304 |
| Net Land, buildings, and equipment | $32,551,883 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $34,390,165 |
| Accounts payable and accrued expenses | $623,592 |
| 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 | $29,042,843 |
| Total liabilities | $29,666,435 |
| 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 | $4,723,730 |
| Total liabilities and net assets/fund balances | $34,390,165 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ut Regional One Physicians Inc Memphis, TN | $6,477,462 | $77,099,192 |
Ahsnf Inc Charlotte, NC | $34,390,165 | $37,411,842 |
Proton Therapy Center Llc Knoxville, TN | $90,724,481 | $22,840,271 |
Mtpc Llc Knoxville, TN | $100,207,112 | $17,070,739 |
Vcu Health Childrens Services At Brook Road Richmond, VA | $19,176,582 | $27,282,070 |
Baptist Memorial Hospital - Crittenden Inc Memphis, TN | $17,033,846 | $28,634,705 |
Thompson Oncology Group Knoxville, TN | $3,058,413 | $6,910,649 |
Richmond Eye & Ear Healthcare Alliance Richmond, VA | $40,781,777 | $12,266,092 |
Baptist Memorial Regional Rehabilitation Services Inc Memphis, TN | $3,464,818 | $11,678,247 |
Southern Crescent Hospital For Specialty Care Inc Riverdale, GA | $4,410,694 | $7,739,688 |
The Thompson Cancer Survival Center Knoxville, TN | $2,363,682 | $3,979,971 |
Georgia Mountains Hospice Inc Jasper, GA | $1,571,072 | $2,350,267 |