First Choice Community Healthcare Inc
- Assets
- $21.2m
- Revenue
- $43.6m
- Investments
- $0.0
- Employees
- 636
- Location
- Albuquerque, NM
- Founding
- 04/1975
- Data as of
- 12/2022
- EIN
- 85-0224409
Organization Overview
First Choice Community Healthcare Inc is located in Albuquerque, NM. The organization was established in 1975. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2022, First Choice Community Healthcare Inc employed 636 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Choice Community Healthcare 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 12/2022, First Choice Community Healthcare Inc generated $43.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $45.7m during the year ending 12/2022. While expenses have increased by 3.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH, LIFE SKILLS, AND WELL-BEING OF ALL MEMBERS OF THE COMMUNITIES WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FIRST CHOICE COMMUNITY HEALTHCARE, INC. (FCCH) IS A FEDERALLY-QUALIFIED HEALTH CENTER (FQHC), OPERATING EIGHT COMMUNITY HEALTH CENTERS AND ONE SCHOOL-BASED HEALTH CENTER. FCCH PROVIDES PRIMARY MEDICAL, DENTAL, AND BEHAVIORAL HEALTH SERVICES TO RESIDENTS OF BERNALILLO, VALENCIA, AND SANTA FE COUNTIES. WE HAVE PROVIDED A HEALTH CARE HOME FOR OUR PATIENTS FOR OVER 50 YEARS. OUR HEALTH CENTERS MAINTAIN AN OPEN-DOOR POLICY, PROVIDING TREATMENT REGARDLESS OF AN INDIVIDUAL'S INCOME OR INSURANCE COVERAGE. THIS HAS BEEN FCCH'S CORE FUNCTION SINCE 1972.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Chavez President/vp | OfficerTrustee | 2 | $0 |
Rod Mercure Vp/secretary | OfficerTrustee | 2 | $0 |
Jeff Lucero Secretary | OfficerTrustee | 2 | $0 |
Linda Holle Treasurer | OfficerTrustee | 2 | $0 |
Mary Dominguez Director | Trustee | 1 | $0 |
Dr Michael Biernoff Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Tricore Inc Blood Lab | 12/30/22 | $379,445 |
University Of New Mexico Providers | 12/30/22 | $246,201 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,323,105 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,039,583 |
| Noncash contributions included in lines 1a–1f | $948,493 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,362,688 |
| Total Program Service Revenue | $31,104,219 |
| Investment income | $32,547 |
| 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 | $43,578,746 |
| 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. | $315,116 |
| Compensation of current officers, directors, key employees. | $47,267 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $27,732,255 |
| Pension plan accruals and contributions | $1,549,059 |
| Other employee benefits | $2,336,329 |
| Payroll taxes | $2,108,474 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63,819 |
| Fees for services: Accounting | $51,314 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,341,428 |
| Advertising and promotion | $0 |
| Office expenses | $69,140 |
| Information technology | $337,214 |
| Royalties | $0 |
| Occupancy | $702,455 |
| Travel | $44,746 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,981 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $700,240 |
| Insurance | $196,469 |
| All other expenses | $505,919 |
| Total functional expenses | $45,705,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,143,482 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $2,849,392 |
| Accounts receivable, net | $4,352,648 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $808,322 |
| Prepaid expenses and deferred charges | $365,322 |
| Net Land, buildings, and equipment | $11,650,233 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $60,667 |
| Other assets | $0 |
| Total assets | $21,230,066 |
| Accounts payable and accrued expenses | $4,145,698 |
| Grants payable | $0 |
| Deferred revenue | $736,742 |
| 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 | $180,639 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,063,079 |
| Net assets without donor restrictions | $16,135,418 |
| Net assets with donor restrictions | $31,569 |
| 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 | $21,230,066 |