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 Vulnerability Assessment (Tuckman-Chang)

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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.

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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 $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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Financial Health Indicators

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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
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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