Healthcaretn
Nonprofit profile at a glance
- EIN
- 621709733
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Knoxville, TN, USA
- Phone
- 8652922121
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Diseases of Specific Organ Research
Reported finances
- Revenue
- $803,631
- Expenses
- $696,609
- Assets
- $1,858,617
- Liabilities
- $271,835
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- PHIL BELCHER (CEO)
- CRISTIE TRAVIS (CO-CEO)
Highest reported compensation
- PHIL BELCHER (CEO): $175,815 total reported compensation
- TRINETTE C SMALL (VP OF MEMBER ENGAGEMENT & STRATEGIC PARTNERSHIPS): $132,157 total reported compensation
- CRISTIE TRAVIS (CO-CEO): $45,873 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Healthcaretn is a non-profit, member driven organization committed to improving the quality and cost of healthcare in Tennessee and the surrounding region. Healthcaretn believes only cooperative relationships between employers, health plans, hospitals and providers can produce positive and progressive changes in the healthcare of our local community and our society.
What it reported doing in 2024
General operations improve the quality and cost of healthcare in Tennessee and the surrounding region through cooperative relationships between employers, health plans, hospitals and providers to produce positive and progressive changes in the healthcare of our local community and our society. General operations promote value based purchasing, performance measurement, and consumerism.
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 97% 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 the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 75
- Accountability: 86
- Sustainability: 57
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.6%; rating input score 78
- Program expense ratio: 88.6%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd 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: Fail
- 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: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 13.3%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 2.67; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 50.8%; rating input score 2; 2nd percentile among comparable filings
Growth
- Program expense growth: -5.8% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: -8.5% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: 0.6% per year; rating input score 100; 20th percentile among comparable filings
Details
- Where the money goes: 77.6% of revenue deployed · 88.6% of spending went to programs
- Governance: 8 of 8 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $617K in reported program spending
- Leadership: top reported pay $176K · 11 people listed · 1 of 6 pay-setting controls reported
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 2/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.