HEALTH CARE CORPORATION OF NORTHEASTERN PENNSYLVANIA

EIN: 232337286 501(c)(3)

DANVILLE, PA

Total Revenue
N/A
Total Expenses
$12,081
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
PA
Principal Officer
BARBARA BOSSI
Phone
5702716624
Tax Period
2021-01-01 to 2021-01-31

Mission

NONE

Program Service Accomplishments

Program 1

SEE SCHEDULE O HCC WAS FORMED FOR CHARITABLE,SCIENTIFIC, AND EDUCATIONAL PURPOSES TO PROVIDE MANAGEMENT AND RELATED SERVICES IN ORDER TO TREAT AND ASSIST THE SICK AND INJURED IN SUPPORT OF COMMUNITY...

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SEE SCHEDULE O HCC WAS FORMED FOR CHARITABLE,SCIENTIFIC, AND EDUCATIONAL PURPOSES TO PROVIDE MANAGEMENT AND RELATED SERVICES IN ORDER TO TREAT AND ASSIST THE SICK AND INJURED IN SUPPORT OF COMMUNITY HOSPITALS. TO CARRY OUT ITS MISSION IN THE NORTHEASTERN PENNSYLVANIA REGION, HCC FORMED A GENERAL PARTNERSHIP IN 1985 WITH A GROUP OF RADIOLOGISTS TO ACQUIRE, OWN, FINANCE, AND OPERATE NORTHEASTERN PENNSYLVANIA IMAGING CENTER ("NPIC"), A MAGNETIC RESONANCE IMAGING CENTER LOCATED IN SCRANTON, PENNSYLVANIA. OVER A SPAN OF 30 YEARS, THE PARTNERSHIP DEVELOPED INTO A MULTIMODALITY FACILITY OFFERING MRI, PET/CT, CT, ULTRASOUND, X-RAY, AND BONE DENSITOMETRY SERVICES. HCC OWNS THE LAND ON WHICH THE SCRANTON MRI CENTER IS BUILT. HCC LEASED THE LAND TO NPIC SO THAT IMAGING SERVICES COULD BE ADMINISTERED AT THE FACILITY TO ADEQUATELY MEET THE HEALTH CARE DEMANDS OF THE SCRANTON COMMUNITY. IN ADDITION, HCC PROVIDED MONETARY DISTRIBUTIONS TO ITS NOT-FOR-PROFIT MEMBER/OWNERS TO USE TOWARDS THEIR EXEMPT PURPOSES. EFFECTIVE JULY 31, 2016, NPIC CEASED DAILY OPERATIONS. AS SUCH, HCC PROGRAM SERVICES HAVE DIMINISHED. WITH THE CLOSING OF NPIC, HCC ALSO DECIDED TO WIND DOWN ITS OPERATIONS AND SELL OFF ITS ASSETS. ON DECEMBER 24, 2020 HCC SOLD LAND AT FAIR MARKET VALUE. FINAL DISTRIBUTIONS OF THE ORGANIZATIONS ASSETS WERE MADE TO HCC'A NOT-FOR-PROFIT MEMBERS TO SUPPORT THEIR EXEMPT PURPOSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $12,081
TOTAL EXPENSES $12,081

Year-over-Year Comparison

2020 2019 Change
Revenue N/A $-219,610 -1.0%
Expenses $12,081 $116,577 -0.9%
Net Income N/A $-336,187 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA BOSSI PRESIDENT 0.25
Officer Director
$0 $0 $0
DONALD KLINE DIRECTOR 0.25
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 No data $12,081 No data No data
2020 $-219,610 $116,577 $24,599 $-336,187
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