Black Directors Health Equity Agenda Inc

EIN: 861980606 501(c)(3) Health Care

Chicago, IL

Total Revenue
$2,622,782
Total Expenses
$1,356,650
Total Assets
$1,298,674
Net Assets
$1,217,142
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
WI
Principal Officer
Deborah Phillips
Phone
4142991622
Tax Period
2024-01-01 to 2024-12-31

Black Directors Health Equity Agenda Inc, founded in 2021, is a community nonprofit in the Health Care sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 197% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 48% operating margin.

Mission

The BDHEA seeks to use our unique platform to advance work in ways that are likely to result in long-term, sustainable reductions in health disparities. To achieve this, we will: articulate the business case for addressing the health disparities that impact Black people and other communities of color; foster increased collaboration among top health systems to share best practices and synergies,ensure equitable access to care (with a focus, most immediately, on vaccine education and delivery), and address social determinants of health including housing, food insecurity, education and employment, through meaningful, yet practical programs while advocating for policies that can have a long-term, positive impact.

Program Service Accomplishments

Program 1
Expenses: $1,020,918

Founded in 2020, the BDHEA is a pioneering non-profit 501(c)(3) organizationdedicated to transforming health care by eliminating disparities that disproportionately affect Black communities. The...

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Founded in 2020, the BDHEA is a pioneering non-profit 501(c)(3) organizationdedicated to transforming health care by eliminating disparities that disproportionately affect Black communities. The BDHEAs commitment to health equity will ensure that ALL have the ability to achieve their full health potential. Expanded the BDHEA Directors Toolkit by initiating the development of aPlaybook for Community Health Centers and Public Hospitals. This will expandthe Playbook to more than 4.2K hospitals and CHCs and support its usage. To advance the Board Diversity and Inclusion Project convened a task force ofBoard Directors and Senior leaders in health. to define and develop strategiesand actions which will champion and support increased participation of Blackboard directors who represent the heart of their communities. Laid the groundwork to launch the BDHEAs Clinical Steering Council (CSC). TheCSC will leverage the expertise of subject matter professionals to advance ourhealth care Disparities and Outcomes Pillar, with a focus on reducing healthdisparities and improving the health of the Black community, and everyone. Presented a National Summit Health Equity Now: Charting our Course inWashington, DC. This Summit convened experts and stakeholders from diversehealth care sectors poised to create impactful initiatives for a powerful year ofaction

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,555,736
Program Service Revenue $7,581
Investment Income $23
Other Revenue $1,059,442
TOTAL REVENUE $2,622,782

Expense Breakdown

Grants Paid $0
Salaries & Benefits $154,814
Fundraising Expenses $135,000
Program Expenses $1,020,918
Other Expenses $1,066,836
TOTAL EXPENSES $1,356,650

Year-over-Year Comparison

2024 2023 Change
Revenue $2,622,782 $884,562 +2.0%
Expenses $1,356,650 $1,169,320 +0.2%
Net Income $1,266,132 $-284,758 -5.4%
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
9
Independent Members
9
Employees
4
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
0
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Daniels Board Chair 2.00
Director
$0 $0 $0
Michele Baker Richardson Director 2.00
Director
$0 $0 $0
Dr Regina Benjamin Director 2.00
Director
$0 $0 $0
Gilbert Bland President & CEO 8.00
Director
$0 $0 $0
Michael Robinson Director 2.00
Director
$0 $0 $0
Joe Wilkins Director 2.00
Director
$0 $0 $0
Alfreda Bradley Coar Director 2.00
Director
$0 $0 $0
Caretha Coleman Chairman 8.00
Director
$0 $0 $0
Michele Hooper Director 2.00
Director
$0 $0 $0
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 $2,622,782 $1,356,650 $1,298,674 $1,266,132
2023 $884,562 $1,169,320 $378,584 $-284,758
2022 $720,953 $878,808 $341,685 $-157,855
2021 $2,086,838 $1,880,608 $279,598 $206,230
2021 $661,328 $449,770 $284,926 $211,558
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