FAYETTEVILLE AREA HEALTH EDUCATION FOUNDATION INC

EIN: 561082675 501(c)(3) Education

FAYETTEVILLE, NC

Total Revenue
$21,032,023
Total Expenses
$20,047,951
Total Assets
$36,817,990
Net Assets
$25,476,287
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Financial Trends

Organization Details

Formation Year
1974
Legal Domicile
NC
Principal Officer
SUSHMA KAPOOR MD
Phone
9106787220
Tax Period
2023-07-01 to 2024-06-30

FAYETTEVILLE AREA HEALTH EDUCATION FOUNDATION INC, founded in 1974, is a mid-sized nonprofit in the Education sector that reported $21.0M in total revenue in fiscal year 2023. Expenses of $20.0M left a modest 5% surplus.

Mission

THE MISSION OF SR-AHEC IS TO DELIVER QUALITY HEALTHCARE EDUCATION. SR-AHEC MEETS ITS MISSION OF ADDRESSING THE REGIONS' HEALTH WORKFORCE NEEDS BY PROMOTING STATE OF THE ART HEALTHCARE EDUCATION,CONTINUALLY SEEKING INNOVATION IN THE EDUCATION EXPERIENCE AND PROVIDING TIMELY INFORMATION RESOURCES FOR THE PROVIDERS AND CUSTOMERS IN THE REGION. OUR MISSION IS TO IMPROVE ACCESS TO CARE THROUGH HIGH QUALITY CLINICAL SERVICES AND INCREASE THE NUMBER AND DIVERSITY OF PRACTICING HEALTH CARE PROFESSIONALS.

Program Service Accomplishments

Program 1
Expenses: $13,939,921 Revenue: $7,738,990

THERE WERE TWENTY THREE FAMILY MEDICINE RESIDENTS IN THE PROGRAM THIS YEAR. SEVEN PHYSICIANS COMPLETED THE RESIDENCY WITH EIGHT NEW RESIDENTS ENTERING THE PROGRAM. THERE WERE 34,115 PATIENT VISITS IN...

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THERE WERE TWENTY THREE FAMILY MEDICINE RESIDENTS IN THE PROGRAM THIS YEAR. SEVEN PHYSICIANS COMPLETED THE RESIDENCY WITH EIGHT NEW RESIDENTS ENTERING THE PROGRAM. THERE WERE 34,115 PATIENT VISITS IN THE FAMILY MEDICINE CENTER AND SPECIALTY MEDICINE CENTER. AT SR-AHEC FAMILY MEDICINE RESIDENCY OUR MISSION HAS ALWAYS BEEN TO TRAIN RESIDENTS AND PLACE OUR RESIDENCY GRADUATES IN THE COMMUNITY TO HELP IMPROVE HEALTHCARE ACCESS FOR OUR PATIENTS AND IMPROVE THE OVERALL HEALTH OF THE POPULATION IN OUR NINE-COUNTY REGION OF: BLADEN, CUMBERLAND, HARNETT, HOKE, MOORE, ROBESON, SAMPSON AND SCOTLAND COUNTIES. IN FY24, SEVEN PHYSICIANS JOINED THE OVER 236 DOCTORS WHO HAVE CHOSEN THE DUKE/SOUTHERN REGIONAL AHEC FAMILY MEDICINE RESIDENCY PROGRAM SINCE 1977 TO BOARD-CERTIFY THEIR SKILLS IN FAMILY MEDICINE. THESE DOCTORS OF ALLOPATHIC AND OSTEOPATHIC MEDICINE CONTINUE THEIR EDUCATION OR BEGIN THEIR CAREERS IN HOSPITALS, PRIVATE PRACTICES, IN THE MILITARY, AND OTHER AVENUES AS THEY PURSUE THEIR LIFE-LONG AMBITION PROVIDING COMPREHENSIVE HEALTH CARE TO PEOPLE OF ALL AGES. SINCE 1977, APPROX. TWENTY FIVE PERCENT OF THESE PRIMARY CARE PHYSICIANS STAYED IN NORTH CAROLINA OR IN THE REGION AFTER GRADUATING FROM THE PROGRAM. SINCE 2015, THE NUMBER OF GRADUATES OPTING TO WORK WITH LOCAL OR REGIONAL HOSPITALS AS THEIR FIRST JOB AFTER GRADUATION HAS BEEN STEADILY INCREASING. THIS PAST YEAR WE HAD FIFTY SEVEN PERCENT OF OUR GRADUATES PRACTICE IN OUR REGION. FACULTY AND STAFF PRESENTED AT NUMEROUS NATIONAL AND STATE PROFESSIONAL MEETINGS.

Program 2
Expenses: $3,061,837 Revenue: $3,676,093

SR AHEC OFFERS PIPELINE PROGRAMS TO INCLUDE THE HEALTH CAREERS PASSPORT; H.U.M.P. DAY IN PARTNERSHIP WITH CAMPBELL UNIVERSITY, HEAL (HEALTH EDUCATION AND ASPIRING LEADERS) WORKSHOP SERIES, AND A...

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SR AHEC OFFERS PIPELINE PROGRAMS TO INCLUDE THE HEALTH CAREERS PASSPORT; H.U.M.P. DAY IN PARTNERSHIP WITH CAMPBELL UNIVERSITY, HEAL (HEALTH EDUCATION AND ASPIRING LEADERS) WORKSHOP SERIES, AND A SPRING COLLEGE EXPO FOCUSING ON HEALTH CAREER PATHWAY PROGRAMS OFFERED AT OUR REGIONAL COLLEGES/UNIVERSITIES. HEAL IS UP TO A THREE-HOUR WORKSHOP TO ALLOW STUDENTS TO EXPLORE AND GAIN A DEEPER INSIGHT INTO HEALTH CAREER PATHWAYS. THE HEALTH CAREERS PROGRAM COLLABORATES WITH REGIONAL CAREER TECHNICAL EDUCATION DEPARTMENTS IN OUR 9-COUNTY REGION TO PROVIDE GUEST SPEAKERS, LUNCH AND LEARNS, AND HANDS-ON ACTIVITIES THROUGH THEIR HEALTH OCCUPATIONS STUDENTS OF AMERICA (H.O.S.A.) PROGRAMS (EX., STOP THE BLEED). IN 2023-24, 656 CE/CME PROGRAMS WITH 6,993 PROGRAM HOURS WERE OFFERED TO HEALTH CARE PROFESSIONALS THROUGH SR-AHEC. THIRTY PERCENT OF THESE PROGRAMS WERE HELD IN CUMBERLAND COUNTY, WITH 12 PERCENT HOSTED IN SR-AHEC'S OTHER 8 COUNTIES IN THE REGION AND ANOTHER 58 PERCENT HELD OUTSIDE OF THE REGION. A TOTAL OF 236 HEALTH PROFESSIONS STUDENTS RESIDED IN SR-AHEC PROVIDED STUDENT HOUSING IN THE REGION. STUDENTS CAME PRIMARILY FROM DUKE, EAST CAROLINA, UNIVERSITY OF NORTH CAROLINA-CHAPEL HILL, UNIVERSITY OF NORTH CAROLINA-GREENSBORO, CAMPBELL, HIGH POINT, WAKE FOREST, ELON, GARDNER WEBB, AND PHIEFFER.

Program 3
Expenses: $1,223,192

SOUTHERN REGIONAL AHEC'S PRACTICE SUPPORT TEAM TRANSFORMS HEALTHCAREDELIVERY IN OUR NINE-COUNTY REGION BY HELPING PROVIDERS MEET NATIONALSTANDARDS AND READY THEMSELVES FOR VALUE-BASED CARE. THIS TEAM...

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SOUTHERN REGIONAL AHEC'S PRACTICE SUPPORT TEAM TRANSFORMS HEALTHCAREDELIVERY IN OUR NINE-COUNTY REGION BY HELPING PROVIDERS MEET NATIONALSTANDARDS AND READY THEMSELVES FOR VALUE-BASED CARE. THIS TEAM WORKSWITH INDIVIDUAL PRACTICES TO PROVIDE ON-SITE ASSISTANCE ON THE TOOLSAND SYSTEMS NEEDED TO OFFER CONSISTENT, HIGH-QUALITY CARE TO ALLPATIENTS, AND PREPARE THE PRACTICE TO RECEIVE VALUE-BASED PAYMENTINITIATIVES.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,903,879
Program Service Revenue $11,415,083
Investment Income $713,061
Other Revenue $0
TOTAL REVENUE $21,032,023

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,816,684
Fundraising Expenses $0
Program Expenses $18,224,950
Other Expenses $8,231,267
TOTAL EXPENSES $20,047,951

Year-over-Year Comparison

2023 2022 Change
Revenue $21,032,023 $21,476,236 0.0%
Expenses $20,047,951 $20,305,618 0.0%
Net Income $984,072 $1,170,618 -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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Governance

Voting Members
11
Independent Members
11
Employees
173
Volunteers
11

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
6
$603,540
Total Directors
11
$0
Key Employees
1
$269,430
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID TOLENTINO DO BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JOHN R WORTH CPA SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
ANN HIGHSMITH TRUSTEE 0.50
Director
$0 $0 $0
DAVID G DICKERHOFF DDS VICE CHAIR 1.00
Officer Director
$0 $0 $0
HERSHEY BELL MD TRUSTEE 0.50
Director
$0 $0 $0
DOROTHY MILLER PHD TRUSTEE 0.50
Director
$0 $0 $0
SHANNON A MATTHEWS TRUSTEE 0.50
Director
$0 $0 $0
WESLEY A MEREDITH TRUSTEE 0.50
Director
$0 $0 $0
MARVIN SWARTZ MD TRUSTEE 1.00
Director
$0 $0 $0
JOSEPH ROBERTS JR MD TRUSTEE 0.50
Director
$0 $0 $0
CAROLE MANGUM TRUSTEE 0.50
Director
$0 $0 $0
SUSHMA K KAPOOR MD PRESIDENT/CEO, PROGRAM DIRECTOR 50.00
Officer
$367,678 $17,377 $385,055
KATHRYN L GREENE MBA VP, ADMIN & FINANCE/CFO 45.00
Officer
$88,449 $7,044 $95,493
JENNIFER P POWELL VP, ADMIN & FINANCE/CFO 45.00
Officer
$111,656 $11,336 $122,992
STERLING RIDDLEY MD VP, CLINICAL EDUCATION/SERVICES 45.00
Key Emp
$258,463 $10,967 $269,430
LENARD D SALZBERG MD FACULTY PHYSICIAN 45.00
Highest
$249,383 $16,275 $265,658
RAJESH KHURANA MD FACULTY PHYSICIAN 45.00
Highest
$227,592 $16,840 $244,432
KHALID AZIZ MD FACULTY PHYSICIAN 45.00
Highest
$238,061 $16,786 $254,847
JAMES LESTER DO FACULTY PHYSICIAN 45.00
Highest
$238,869 $14,693 $253,562
VICKI HARDY DO FACULTY PHYSICIAN 45.00
Highest
$234,461 $16,249 $250,710
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 $21,032,023 $20,047,951 $36,817,990 $984,072
2023 $21,476,236 $20,305,618 $35,527,472 $1,170,618
2022 $20,916,685 $19,470,720 $34,117,990 $1,445,965
2021 $21,520,803 $18,805,056 $35,260,140 $2,715,747
2020 $15,633,279 $14,375,670 $32,807,548 $1,257,609
2019 $19,288,891 $18,514,921 $30,141,638 $773,970
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