NORTH CAROLINA HEALTH INFORMATION MANAGEMENT ASSOCIATION INC

EIN: 237113191 Health Care

PALMETTO, FL

Total Revenue
$321,002
Total Expenses
$347,949
Total Assets
$353,333
Net Assets
$346,626
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
NC
Principal Officer
LINDA MONUSKO
Phone
8033665618
Tax Period
2024-07-01 to 2025-06-30

NORTH CAROLINA HEALTH INFORMATION MANAGEMENT ASSOCIATION INC, founded in 1971, is a small nonprofit in the Health Care sector that reported $321K in total revenue in fiscal year 2024. Revenue surged 165% from the prior year, signaling strong growth momentum.

Mission

TO PROMOTE THE SCIENCE OF MEDICAL RECORD ADMINISTRATION.

Program Service Accomplishments

Program 1

NCHIMA PROVIDES WORKSHOPS AND AN ANNUAL MEETING TO THE AHIMA MEMBERS OF NC. IN ORDER TO KEEP UPDATED WITH CURRENT MATERIAL/KNOWLEDGE OUR DELEGATES AND PRESIDENT TRAVEL TO AHIMA EVENTS TO OBTAIN THIS...

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NCHIMA PROVIDES WORKSHOPS AND AN ANNUAL MEETING TO THE AHIMA MEMBERS OF NC. IN ORDER TO KEEP UPDATED WITH CURRENT MATERIAL/KNOWLEDGE OUR DELEGATES AND PRESIDENT TRAVEL TO AHIMA EVENTS TO OBTAIN THIS. THE ORGANIZATION'S PURPOSE IS TO PROVIDE CONTINUING EDUCATION HOURS TO NC AHIMA MEMBERS. EDUCATION OFFERED: ICD-10 MEDICAL CODING EDUCATION, CODING ROUNDTABLES, WORKSHOPS AND OFFERINGS RELATED TO PRIVACY/SECURITY, MANAGEMENT AND LEADERSHIP, TECHNOLOGY AND OTHER AREAS. ADVOCACY ON IMPLEMENTATION OF ICD-10 AND PATIENT IDENTIFIER. ANNUAL BUSINESS MEETING PER BYLAWS, NEWSLETTER BI-MONTHLY, UPDATES ON THE AHIMA HOUSE OF DELEGATES, AND SUPPORT OF REGIONAL AND SECTION ACTIVITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $315,839
Investment Income $5,162
Other Revenue $1
TOTAL REVENUE $321,002

Expense Breakdown

Grants Paid $0
Salaries & Benefits $42,846
Fundraising Expenses $0
Other Expenses $305,103
TOTAL EXPENSES $347,949

Year-over-Year Comparison

2024 2023 Change
Revenue $321,002 $121,194 +1.6%
Expenses $347,949 $91,684 +2.8%
Net Income $-26,947 $29,510 -1.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
22

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
5
$42,846
Total Directors
7
$42,846
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHAMEKA HOOKS PRESIDENT 1.00
Officer Director
$0 $0 $0
NATALIE GEORGE PRESIDENT EL N/A
Officer Director
$0 $0 $0
ERIKA PARKER PAST PRESIDE 1.00
Officer Director
$0 $0 $0
KOLBY WATTS SECRETARY/TR 1.00
Officer Director
$0 $0 $0
CORNELIA MCCLURE DELEGATE 1.00
Director
$0 $0 $0
ASHLEIGH WALKER EDUCATION CH 1.00
Director
$0 $0 $0
LINDA MONUSKO EXECUTIVE DI 20.00
Officer Director
$42,846 $0 $42,846
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
2025 $321,002 $347,949 $353,333 $-26,947
2019 $386,142 $329,997 $269,737 $56,145
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