Health Care Corporation of Northeastern Pennsylvania

Nonprofit profile at a glance

EIN
232337286
IRS 990 coverage
2010–2020
Forms available
Form 990 2020, Form 990-T 2020
Location
Danville, PA, USA
Phone
5702716624
Rating confidence
Limited
Sector
Community Health Systems

Reported finances

Revenue
$0
Expenses
$12,081
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • BARBARA BOSSI (PRESIDENT)

People named in this filing

  • BARBARA BOSSI (PRESIDENT)
  • DONALD KLINE (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Health care corporation of ne pa was formed for charitable, scientific, and educational purposes to provide management and related services in order to treat and assist the sick and injured in support of community hospitals.

What it reported doing in 2020

See schedule o hcc was formed for charitable, scientific, and educational purposes to provide management and related services in order to treat and assist the sick and injured in support of community hospitals. To carry out its mission in the northeastern Pennsylvania region, hcc formed a general partnership in 1985 with a group of radiologists to acquire, own, finance, and operate northeastern Pennsylvania imaging center ("npic"), a magnetic resonance imaging center located in scranton, Pennsylvania. Over a span of 30 years, the partnership developed into a multimodality facility offering mri, pet/ct, ct, ultrasound, x-ray, and bone densitometry services. Hcc owns the land on which the scranton mri center is built. Hcc leased the land to npic so that imaging services could be administered at the facility to adequately meet the health care demands of the scranton community. In addition, hcc provided monetary distributions to its not-for-profit member/owners to use towards their exempt purposes. Effective july 31, 2016, npic ceased daily operations. As such, hcc program services have diminished. With the closing of npic, hcc also decided to wind down its operations and sell off its assets. On december 24, 2020 hcc sold land at fair market value. Final distributions of the organizations assets were made to hcc'a not-for-profit members to support their exempt purposes.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -17% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -13.9% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 2 of 2 board members independent · 3 of 7 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.