NEW HANOVER COMMUNITY HEALTH CENTER (EIN 582003803) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

ALTHEA JOHNSON

Phone

9103430270

Tax Period

2024-07-01 to 2025-06-30

NEW HANOVER COMMUNITY HEALTH CENTER, founded in 1992, is a mid-sized nonprofit that reported $24.5M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $21.8M left a modest 11% surplus.

Mission

TO PROVIDE ACCESSIBLE, AFFORDABLE, AND QUALITY COMPREHENSIVE MEDICAL, DENTAL AND BEHAVIORAL HEALTH SERVICES TO THE COMMUNITIES WE SERVE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $4,885,883

Program Service Revenue $19,017,542

Investment Income $396,414

Other Revenue $225,419

TOTAL REVENUE $24,525,258

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,175,896

Fundraising Expenses $50,205

Program Expenses $18,381,866

Other Expenses $10,545,064

TOTAL EXPENSES $21,771,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$24,525,258	$20,978,112	+0.2%
Expenses	$21,771,165	$17,566,457	+0.2%
Net Income	$2,754,093	$3,411,655	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

160

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

$712,242

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETTY MURPHY JACOBS	DIRECTOR	1.00	Director	$0	$0	$0
MIREYA LUPERCIO	DIRECTOR	1.00	Director	$0	$0	$0
JACQUELINE SIERS	DIRECTOR	1.00	Director	$0	$0	$0
SONYA MORRIS PEELE	DIRECTOR	1.00	Director	$0	$0	$0
WILLIE KENT GUION	DIRECTOR	1.00	Director	$0	$0	$0
ELVETA DENISE SMITH	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL BALLARD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOSEPH PINO	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN STEIN	TREASURER	1.00	Officer Director	$0	$0	$0
ALTHEA JOHNSON	CEO	40.00	Officer	$168,652	$12,064	$180,716
JANET STROUGHTON	COO	40.00	Officer	$112,619	$10,336	$122,955
FRANCINE BONDOS	CFO	40.00	Officer	$110,066	$4,153	$114,219
MAYRA GALEANO	CMO	40.00	Officer	$274,771	$19,581	$294,352
CARLI WILLIAMS	PHYSICIAN	36.00	Highest	$255,351	$14,384	$269,735
BRENDEN PAYNE	PHYSICIAN	36.00	Highest	$239,821	$22,500	$262,321
SYLVIA SHIN	PHYSICIAN	36.00	Highest	$212,535	$7,180	$219,715
TIFFINEY HARPER	CDO - THRU APRIL 2025	40.00	Highest	$197,039	$10,805	$207,844
KHADIJIA TRIBIE REID	PHYSICIAN	36.00	Highest	$218,713	$13,826	$232,539

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	$24,525,258	$21,771,165	$24,519,909	$2,754,093
2024	$20,978,112	$17,566,457	$15,866,300	$3,411,655
2023	$16,962,484	$14,729,125	$11,801,906	$2,233,359
2022	$14,446,195	$12,343,916	$9,157,449	$2,102,279
2021	$14,285,995	$11,055,341	$7,351,420	$3,230,654
2020	$12,007,380	$11,080,897	$4,770,142	$926,483
2019	$7,297,470	$7,161,472	$2,914,088	$135,998
2018	$7,100,153	$6,948,791	$2,764,184	$151,362

NEW HANOVER COMMUNITY HEALTH CENTER