GATEWAY COMMUNITY HEALTH CENTER INC

EIN: 462385383 501(c)(3) Health Care

Gatesville, NC

Total Revenue
$2,617,191
Total Expenses
$2,158,332
Total Assets
$1,140,491
Net Assets
$972,440
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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
2010
Legal Domicile
NC
Phone
2523331047
Tax Period
2023-10-01 to 2024-09-30

GATEWAY COMMUNITY HEALTH CENTER INC, founded in 2010, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2023. The organization ran a surplus of $459K, a strong 18% operating margin.

Mission

The Mission of the Gatewat Community Health Centers, Inc (GCHC), is to ensure the provision inability to pay based on financial status

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,617,191
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,617,191

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,566,012
Fundraising Expenses $244,683
Other Expenses $592,320
TOTAL EXPENSES $2,158,332

Year-over-Year Comparison

2023 2022 Change
Revenue $2,617,191 $2,499,962 +0.0%
Expenses $2,158,332 $2,108,967 +0.0%
Net Income $458,859 $390,995 +0.2%
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
9
Independent Members
9
Employees
33
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
7
$385,581
Total Directors
9
$0
Key Employees
3
$385,581
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rose Turner Chief Executive Officer 48
Officer Key Emp
$180,000 $0 $180,000
Sharon Bullard Family Nurse Practitioner 40
Officer Key Emp
$94,688 $0 $94,688
Tse-kin Kenneth So Pharmacy Manager 40
Officer Key Emp
$110,893 $0 $110,893
Sharontia Cousins Board Member 0
Director
$0 $0 $0
Jennifer Greene Board Member 0
Director
$0 $0 $0
Junior James Board Member 0
Director
$0 $0 $0
Vincent Jones Financial Director 0
Officer Director
$0 $0 $0
Rick Ochoa Nomination Committee 0
Director
$0 $0 $0
Alan Overton Board Member 0
Officer Director
$0 $0 $0
Sirtester Parker Board Chair 0
Officer Director
$0 $0 $0
Athea Reddick Board Vice Chair 0
Officer Director
$0 $0 $0
Mary Divino Board Member 0
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
2025 No data No data No data No data
2024 $2,617,191 $2,158,332 $1,140,491 $458,859
2023 $2,499,962 $2,108,970 $1,960,471 $390,992
2022 $3,082,036 $2,840,616 $976,061 $241,420
2021 $2,695,826 $2,527,243 $1,047,991 $168,583
2020 $1,705,309 $1,771,790 $842,399 $-66,481
2019 $2,005,913 $1,829,382 $683,510 $176,531
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