Public Health Management Corporation

Nonprofit profile at a glance

EIN
237221025
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Philadelphia, PA, USA
Phone
2159852500
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Alcohol, Drug Abuse, Prevention Only

Official website

Reported finances

Revenue
$762,918,719
Expenses
$747,066,936
Assets
$247,474,441
Liabilities
$187,511,875

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • RICHARD J COHEN (CHIEF EXECUTIVE OFFICER- PHF)
  • Michael K Pearson (chief executive officer)

Highest reported compensation

  • RICHARD J COHEN (CHIEF EXECUTIVE OFFICER- PHF): $1,184,270 total reported compensation
  • Michael K Pearson (chief executive officer): $974,587 total reported compensation
  • celeste COLLINS (chief people & Inclusion O): $767,812 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Public health management corporation (phmc) is a nonprofit public health institute that creates and sustains healthier communities. Phmc uses best practices to improve community health through direct service, partnership, innovation, policy, research, technical assistance and a prepared workforce. With over 3,500 employees and programs offered at nearly 70 locations operating throughout Pennsylvania, Delaware and New Jersey, phmc serves over 150,000 unduplicated people each year. Grants from and contracts with governmental agencies, trusts and foundations primarily fund these activities.

What it reported doing in 2024

Health services - phmc provides primary care, case management and supportive services to the homeless populations in shelters and to persons in transitional housing in the region. In addition, phmc operates a network of five full-service community-based federally qualified health centers employing an innovative nurse-managed model, which serve to increase access to high quality primary care for at-risk community members. Phmc's health centers provide integrated behavioral health services and encompass specialized services for community members with HIV/AIDS and hepatitis c, and for homeless community members, many of whom are seniors or veterans, and most of whom have complex health care needs. Phmc administers HIV-AIDS prevention and services programs, including community health outreach, which conducts health promotion services for individuals at high risk of HIV and hepatitis c infection and transmission. Outreach staff engage with substance users in individual street level encounters and group venues such as homeless shelters and feeding programs, and provide HIV/hcv risk reduction education, counseling and referral to substance abuse, hcv screening and HIV early intervention services. Phmc operates a full continuum of behavioral health treatment and outreach programs to address all aspects of addiction, mental illness, and/or trauma. This includes programs like chances, an intensive outpatient and outpatient substance use treatment program for chemically dependent women and their children. Interim house west is a residential treatment program for women with substance abuse and mental health disorders and their children. Pathways to recovery is philadelphia's short-term co-occurring disorder treatment partial hospitalization program. The pathways to recovery program is for philadelphia residents with co-occurring substance use and mental health challenges.

Operating model

Revenue model
Grant-funded. 87% of the money available for current operations came from government grants.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 95
  • Accountability: 92
  • Sustainability: 35
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.5%; rating input score 93
  • Program expense ratio: 95.4%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 86.7%; rating input score 87; 33rd 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: 2.1%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0.33; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.76; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: 14.5% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 11.1% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 14% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 93.5% of revenue deployed · 95.4% of spending went to programs
  • Governance: 13 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $713M in reported program spending
  • Leadership: top reported pay $1.2M · 22 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $41M reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 9 filed money-flow records
  • Related organizations: 25 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.

  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.