Hsn Association
Nonprofit profile at a glance
- EIN
- 264483586
- IRS 990-EZ coverage
- 2009–2009
- Forms available
- Form 990-EZ 2009
- Location
- Concord, CA, USA
- Phone
- 9258254280
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Limited
- Sector
- Professional Societies, Associations
Reported finances
- Revenue
- $467,821
- Expenses
- $401,448
- Assets
- $60,750
Source: IRS Form 990-EZ. Selected filing: tax year 2009. Amounts in USD.
Leadership & pay
6 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2009. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Hsn association is a mutual benefit nonprofit corporation organized and operated exclusively as a 501(c)(6) business league, no part of the net earnings of which inures to the benefit of any private shareholder or individual. The specific purposes of this organization are to provide support, services and industry insight to foster the development and economical functioning of independent long-term care providers.
What it reported doing in 2009
Our program is entitled: "HSN Association." The purposes of our program are to provide support, services and industry insight to foster the development and economical functioning of independent long-term medical care providers. We further our purposes under this program by furthering the ability of independent owners of long-term care facilities to successfully manage and operate their businesses.Under our program, we focus on educating and assisting members of our organization in a variety of areas, specifically with managed care contracting, risk management services, human resources issues and group purchasing. We assist our members in obtaining the maximum number of managed care contracts for the purpose of fostering the business operations of the managed care industry. Additionally, we will provide our members with access to reliable information and education regarding labor law, human resources tools, research and surveys, and legislative updates that will affect the industry. Further, we also will educate our members about workers' compensation risk management for the purpose of maintaining high quality care.The purpose of our risk management educational activities is to provide information to our members to enable them to understand, manage and control the costs of workers' compensation insurance as it relates to the long-term care industry, thereby ultimately helping to raise the effectiveness of independent long-term care providers. We will offer resources concerning managed care best practices and will also help educate members in developing quality improvement. We will also educate members about corporate practices and regulatory compliance requirements affecting the long-term care industry.
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 88% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 91
- Transparency & Controls: 82
- Sustainability: 40
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.8%; rating input score 86
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.2%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 85.8% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $401K in reported program spending
- Leadership: top reported pay $127K · 6 people listed
- Consistency: 7 of 7 current checks pass
- Money network: 2 filed money-flow records
- 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 — Sustainability: Total-asset coverage ratio scored 12/100.