CHARLOTTE COMMUNITY HEALTH CLINIC INC (EIN 562274174) - Form 990 Financial Analysis & Trantor Score

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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

2001

Legal Domicile

Principal Officer

CAROLYN C ALLISON

Phone

7043166561

Tax Period

2024-01-01 to 2024-12-31

CHARLOTTE COMMUNITY HEALTH CLINIC INC, founded in 2001, is a community nonprofit in the Health Care sector that reported $9.8M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

PROVIDE PREVENTATIVE AND PRIMARY CARE FOR MEDICALLY UNDERSERVED COMMUNITIES IN THE CHARLOTTE AREA.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,064,063

Program Service Revenue $2,744,324

Investment Income $4,370

Other Revenue $36,425

TOTAL REVENUE $9,849,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,489,637

Fundraising Expenses $168,897

Program Expenses $6,665,792

Other Expenses $3,421,307

TOTAL EXPENSES $9,910,944

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,849,182	$8,361,945	+0.2%
Expenses	$9,910,944	$8,390,343	+0.2%
Net Income	$-61,762	$-28,398	+1.2%

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

Governance

Voting Members

Independent Members

Employees

113

Volunteers

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

$606,337

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEROME WILLIAMS MD MBA	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
HERBERT CLEGG II MD	PAST CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARVIN R CHIDDICK	VICE-CHAIRPERSON	1.00	Officer Director	$0	$0	$0
ROBIN CANNE	SECRETARY	1.00	Officer Director	$0	$0	$0
DANIEL WALL	TREASURER	2.00	Officer Director	$0	$0	$0
TANIA ARCHER	PATIENT REPRESENTATIVE	2.00	Director	$0	$0	$0
MELIDA BALDERA	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
JASMINE SUNAMI SANTOS CASTILLO	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
ERICA CORREA	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
ANDREW DAS	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
HILDA Y GRANADOS FLORES	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
CAMILLE GRIMSLEY	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
CRAIG MITCHELL	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
MICHELLA PALMER	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
RUTH PEREZ	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
ANSLEY ROMERO	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
LATONIGA SASS	PATIENT REPRESENTATIVE	1.00	Director	$0	$0	$0
CAROLYN ALLISON	CHIEF EXECUTIVE OFFICER	40.00	Officer	$191,550	$0	$191,550
LISA HOLMES	CHIEF OPERATING OFFICER	40.00	Officer	$133,090	$3,200	$136,290
JOANNE TYO	CHIEF FINANCIAL OFFICER	40.00	Officer	$145,776	$16,926	$162,702
ALAGUSIVAKUMARI RAMESHBABU	CHIEF MEDICAL OFFICER	40.00	Officer	$115,795	$0	$115,795
NGA TRAN	PHYSICIAN	40.00	Highest	$141,899	$7,521	$149,420
TRACY COWDEN	CONTROLLER	40.00	Highest	$105,356	$18,684	$124,040

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
2024	$9,849,182	$9,910,944	$8,411,777	$-61,762
2023	$8,361,945	$8,390,343	$7,294,686	$-28,398
2022	$8,875,353	$6,731,074	$6,560,667	$2,144,279
2021	$6,375,972	$5,370,413	$4,027,705	$1,005,559
2020	$4,147,021	$3,778,648	$3,637,752	$368,373
2019	$4,093,549	$5,116,007	$2,800,480	$-1,022,458
2019	$4,093,549	$3,940,019	$2,800,480	$153,530
2018	$3,019,612	$3,722,073	$1,421,103	$-702,461

CHARLOTTE COMMUNITY HEALTH CLINIC INC