CHEROKEE HEALTH SYSTEMS

EIN: 620637925 501(c)(3) Health Care

KNOXVILLE, TN

Total Revenue
$94,076,648
Total Expenses
$81,225,645
Total Assets
$155,059,618
Net Assets
$125,218,055
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
TN
Principal Officer
ANDY RHEA
Phone
8655440406
Tax Period
2024-07-01 to 2025-06-30

CHEROKEE HEALTH SYSTEMS, founded in 1960, is a mid-sized nonprofit in the Health Care sector that reported $94.1M in total revenue in fiscal year 2024. Expenses of $81.2M left a modest 14% surplus.

Mission

THE ORGANIZATION PROVIDES MEDICAL AND BEHAVIORAL HEALTH SERVICES TO INDIVIDUALS ON A SLIDING FEE BASIS. CHEROKEE HEALTH SYSTEMS D/B/A RIVER VALLEY HEALTH (RVH) OPERATES FEDERALLY QUALIFIED HEALTH AND COMMUNITY MENTAL HEALTH SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $24,432,557
Program Service Revenue $66,151,656
Investment Income $3,363,557
Other Revenue $128,878
TOTAL REVENUE $94,076,648

Expense Breakdown

Grants Paid $0
Salaries & Benefits $43,728,822
Fundraising Expenses $0
Program Expenses $63,776,888
Other Expenses $37,496,823
TOTAL EXPENSES $81,225,645

Year-over-Year Comparison

2024 2023 Change
Revenue $94,076,648 $98,918,033 0.0%
Expenses $81,225,645 $74,454,803 +0.1%
Net Income $12,851,003 $24,463,230 -0.5%
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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Governance

Voting Members
13
Independent Members
13
Employees
759
Volunteers
N/A

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
7
$867,953
Total Directors
13
$0
Key Employees
3
$788,079
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE HANIFORD PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL LENCZYNSKI VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KENNETH GLASS SECRETARY 1.00
Officer Director
$0 $0 $0
KEN KNIGHT TREASURER 1.00
Officer Director
$0 $0 $0
ROSA MAR BOARD MEMBER 1.00
Director
$0 $0 $0
SHEILA SPIRES BOARD MEMBER 1.00
Director
$0 $0 $0
ANGEL DYKES BOARD MEMBER 1.00
Director
$0 $0 $0
DALE MITCHELL BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX RODRIGUEZ BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL COVINGTON BOARD MEMBER 1.00
Director
$0 $0 $0
VERA BYRD BOARD MEMBER 1.00
Director
$0 $0 $0
JULIA GUNN BOARD MEMBER 1.00
Director
$0 $0 $0
JUDITH MEHAFFEY BOARD MEMBER 1.00
Director
$0 $0 $0
PARINDA KHATRI CEO 64.00
Officer
$380,804 $22,275 $403,079
ANDY RHEA CFO 47.00
Officer
$245,107 $21,748 $266,855
SUZANNE BAILEY COO 59.00
Officer
$175,453 $22,566 $198,019
GAIL REILLY VP OF MEDICAL SERVICES 44.00
Key Emp
$242,137 $34,362 $276,499
CINDY PERRY VP OF PSYCHIATRIC SERVICES 47.00
Key Emp
$244,638 $28,995 $273,633
BRADLEY PAUL CARTER VP OF MEDICAL SERVICES 57.00
Key Emp
$217,898 $20,049 $237,947
MANASA ENJA PSYCHIATRIST 41.00
Highest
$209,027 $28,348 $237,375
HAL MONCIER PHYSICIAN 40.00
Highest
$214,766 $19,293 $234,059
THERESA MARIE WHITTLER DIRECTOR OF OB-GYN SERVICES 42.00
Highest
$198,240 $29,495 $227,735
ARIEAL FELIX MEDICAL DIRECTOR 40.00
Highest
$190,398 $21,741 $212,139
LAURA BRUDECKI PHYSICIAN 53.00
Highest
$186,023 $24,538 $210,561
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 $94,076,648 $81,225,645 $155,059,618 $12,851,003
2024 $98,918,033 $74,454,803 $136,758,924 $24,463,230
2023 $80,581,101 $67,850,691 $108,748,769 $12,730,410
2022 $79,573,007 $63,021,096 $94,331,120 $16,551,911
2021 $71,163,695 $60,020,900 $78,560,180 $11,142,795
2020 $61,077,391 $58,733,442 $70,508,493 $2,343,949
2019 $58,791,772 $58,323,480 $66,847,071 $468,292
2018 $63,950,668 $59,915,344 $69,097,580 $4,035,324
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