CHC2012 INC

EIN: 455377612 501(c)(3)

RICHFORD, VT

Total Revenue
$37,000
Total Expenses
$54,672
Total Assets
$1,584,573
Net Assets
$-273,790
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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
2012
Legal Domicile
VT
Principal Officer
PAMELA PARSONS
Phone
8022555560
Tax Period
2019-01-01 to 2019-12-31

CHC2012 INC, founded in 2012, is a micro nonprofit that reported $37K in total revenue in fiscal year 2019. Expenses of $55K exceeded revenue, resulting in a 48% operating deficit.

Mission

TO ASSIST RICHFORD HEALTH CENTER, INC. IN ACQUIRING, OWNING, MANAGING, AND LEASING REAL ESTATE WHICH WILL BE USED TO OPERATE A NONPROFIT PUBLIC HEALTH CLINIC AND SERVICES FOR THE RESIDENTS OF FRANKLIN COUNTY, STATE OF VERMONT.

Program Service Accomplishments

Program 1
Expenses: $49,922 Revenue: $37,000

TO ASSIST RICHFORD HEALTH CENTER, INC. IN ACQUIRING, OWNING, MANAGING, AND LEASING REAL ESTATE WHICH WILL BE USED TO OPERATE A NONPROFIT PUBLIC HEALTH CLINIC AND SERVICES FOR THE RESIDENTS OF...

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TO ASSIST RICHFORD HEALTH CENTER, INC. IN ACQUIRING, OWNING, MANAGING, AND LEASING REAL ESTATE WHICH WILL BE USED TO OPERATE A NONPROFIT PUBLIC HEALTH CLINIC AND SERVICES FOR THE RESIDENTS OF FRANKLIN COUNTY, STATE OF VERMONT.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $37,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $37,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $49,922
Other Expenses $54,672
TOTAL EXPENSES $54,672

Year-over-Year Comparison

2019 2018 Change
Revenue $37,000 $37,000 N/A
Expenses $54,672 $52,422 +0.0%
Net Income $-17,672 $-15,422 +0.1%
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
3
Independent Members
3
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
3
$295,074
Total Directors
3
$295,074
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAMELA PARSONS PRESIDENT 1.00
Officer Director
$157,244 $17,138 $174,382
KATHY BENOIT SECRETARY/TR 1.00
Officer Director
$114,823 $5,869 $120,692
MICHEL CONSEJO VICE PRESIDE 1.00
Officer 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
2019 $37,000 $54,672 $1,584,573 $-17,672
2018 $37,000 $52,422 $1,601,045 $-15,422
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