VIRGINIA BUSINESS COALITION ON HEALTH INC

EIN: 541271014 501(c)(3)

RICHMOND, VA

Total Revenue
$14
Total Expenses
$8,485
Total Assets
$24,693
Net Assets
$-102,757
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
VA
Principal Officer
JULIE DIME
Phone
8049651201
Tax Period
2018-10-01 to 2019-09-30

VIRGINIA BUSINESS COALITION ON HEALTH INC, founded in 1983, is a micro nonprofit that reported $14 in total revenue in fiscal year 2018. Revenue decreased 18% compared to the prior year. Expenses of $8K exceeded revenue, resulting in a 60507% operating deficit.

Mission

TO SERVE OUR MEMBERS BY PROVIDING WORKFORCE HEALTH EDUCATION AND INNOVATIVE SOLUTIONS THAT ADD VALUE AND QUALITY.

Program Service Accomplishments

Program 1
Expenses: $5,833

THE VIRGINIA BUSINESS COALITION ON HEALTH (VBCH) IS A COALITION OF VIRGINIA BUSINESSES AND EMPLOYERS THAT SEEKS TO ACCELERATE THE NATION'S PROGRESS TOWARD SAFE, EFFICIENT, HIGH-QUALITY HEALTH CARE...

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THE VIRGINIA BUSINESS COALITION ON HEALTH (VBCH) IS A COALITION OF VIRGINIA BUSINESSES AND EMPLOYERS THAT SEEKS TO ACCELERATE THE NATION'S PROGRESS TOWARD SAFE, EFFICIENT, HIGH-QUALITY HEALTH CARE. VBCH SERVES ITS MEMBERS BY PROVIDING WORKFORCE HEALTH EDUCATION AND INNOVATIVE SOLUTIONS THAT ADDS VALUE AND QUALITY. VBCH MEMBER COMPANIES BRING A UNIFIED VOICE ON WELLNESS IN THE WORKPLACE, HEALTH PLAN PERFORMANCE, AND HOSPITAL QUALITY AND PATIENT SAFETY, AMONG OTHER INITIATIVES. MEMBER BUSINESSES RANGE FROM SMALL EMPLOYERS TO LARGER FIRMS IN THE EMPLOYER AND PROVIDER COMMUNITIES. VBCH IS A MEMBER OF THE NATIONAL BUSINESS COALITION ON HEALTH, WHICH REPRESENTS 70 COALITIONS NATIONWIDE AND 40 MILLION COVERED LIVES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $14
Other Revenue $0
TOTAL REVENUE $14

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $5,833
Other Expenses $8,485
TOTAL EXPENSES $8,485

Year-over-Year Comparison

2018 2017 Change
Revenue $14 $17 -0.2%
Expenses $8,485 $9,664 -0.1%
Net Income $-8,471 $-9,647 -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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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
3

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
$598,107
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID JENKINS DIRECTOR 0.50
Director
$0 $0 $0
MARK LAWRENCE DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER SICILIANO DIRECTOR 0.50
Director
$0 $0 $0
JULIE DIME PRESIDENT 0.50
Officer
$0 $37,176 $251,482
KELLY CANNON SECRETARY 0.50
Officer
$0 $22,706 $132,334
ELIZABETH MCNAMEE TREASURER 0.50
Officer
$0 $34,476 $214,291
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 $14 $8,485 $24,693 $-8,471
2018 $17 $9,664 $29,954 $-9,647
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