Community Health Network Foundation Inc

What it reported doing in 2024

Community health network foundation, inc. ("chf") provides millions annually in operational and capital philanthropic dollars raised from benevolent donors to help community health network ("chnw") fulfill its mission of building healthier communities. Through its allocation of funds, chf addresses need in challenging areas of healthcare including behavioral care, cardiovascular, oncology, tobacco cessation, women's and children's care, and others. The cutting-edge grail galleri test accurately detects multiple types of cancers not otherwise detectable by existing screens, through a single blood draw. The community connections program closes the gap between clinical and community-based services that affect underserved populations. Patient and caregiver assistance programs provide transportation solutions to deliver patients for care across the network through uber health and our mabel's ride program, housing and family connections programs at community fairbanks recovery center, and health screenings at the black and minority health fair. Chf supports the choice program, leading the state in addressing the opioid crisis among pregnant women and their infants. Youth bereavement programs reach students who have suffered a loss of a family member. In schools, chf supports nursing care for over a million students, and behavioral care for a quarter million children. Additionally, chf funds initiatives in chaplaincy services, reduces heart failure readmission rates through nutritional supports and blood pressure monitoring, and protects newborns with car seats, and through the babe store, incentivizing infant care with free supplies.

Financial Efficiency

• Mission deployment rate: 62.9%; rating input score 63
• Program expense ratio: 74.3%; rating input score 74
• Fundraising efficiency: $13.8 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 22nd 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: 97.4%; rating input score 97; 27th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 85%; rating input score 85; 18th percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 28.8%; rating input score 88; 88th percentile among comparable filings
• Total-asset coverage ratio: 6.45; rating input score 87; 87th percentile among comparable filings
• Liabilities to assets ratio: 0.11; rating input score 72; 72nd percentile among comparable filings
• Officer compensation ratio: 26.8%; rating input score 2; 2nd percentile among comparable filings

Growth

• Program expense growth: 9% per year; rating input score 100; 66th percentile among comparable filings
• Revenue growth: 11.9% per year; rating input score 100; 80th percentile among comparable filings
• Asset growth: 7.6% per year; rating input score 100; 52nd percentile among comparable filings