Coastal Bend Wellness Foundation Inc
Nonprofit profile at a glance
- EIN
- 742429518
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Corpus Christi, TX, USA
- Phone
- 3618142001
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- AIDS
Reported finances
- Revenue
- $19,135,326
- Expenses
- $13,955,744
- Assets
- $30,856,995
- Liabilities
- $1,245,413
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- BILL HOELSCHER (CEO)
Highest reported compensation
- ROLANDO PEREZ (MD): $260,400 total reported compensation
- ERIC SPICUZZA (MD): $238,478 total reported compensation
- BILL HOELSCHER (CEO): $233,600 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Cbwf provides primary medical care, HIV specialized services, HIV case management, behavioral health/substance abuse services to community as federally qualified health center. Cbwf also provides testing, prevention, case management and intervention services to targeted individuals.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 65
- Accountability: 100
- Sustainability: 72
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 62.3%; rating input score 62
- Program expense ratio: 84.1%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 17th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 27.1%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 2.21; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 85; 85th percentile among comparable filings
- Officer compensation ratio: 11.1%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: 13.4% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 13.5% per year; rating input score 100; 84th percentile among comparable filings
- Asset growth: 22.1% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 62.3% of revenue deployed · 84.1% of spending went to programs
- Governance: 13 of 13 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $11.7M in reported program spending
- Leadership: top reported pay $260K · 18 people listed · 0 of 6 pay-setting controls reported
- Consistency: 27 of 29 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Transparency & Controls: Schedule D expense reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 17/100.