Overview
What is Cape Fear Healthnet Inc?
Cape Fear Healthnet Inc, situated in Wilmington, North Carolina, is a nonprofit organization dedicated to providing a coordinated healthcare system for individuals with low income and no insurance in a four-county region. They successfully coordinated 10,548 medical visits, 6,368 behavioral health therapy sessions, and 38,984 prescription fills at safety net pharmacies. Moreover, they referred patients for additional dental, lab/diagnostic, and specialty care appointments. With a team of 9 dedicated employees, Cape Fear Healthnet Inc leverages partnerships with pro bono specialty care providers to extend their reach and enhance healthcare accessibility for those in need.
Official website here: www.capefearhealthnet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating.
Cape Fear Healthnet Inc has achieved an overall score of 88%, which reflects strong accountability and financial management. The charity demonstrates a commitment to transparency, as evidenced by its independent board members and high scores in areas like financial statements and the absence of asset diversion. The organization scored full points in several categories, indicating a solid operational structure and sound financial practices.
Strengths of Cape Fear Healthnet include a fully independent board, a high program expense ratio of 90.62%, and a strong audit and oversight committee. These elements point to effective governance and a clear focus on maintaining a high percentage of funds directed towards programs rather than administrative costs. The organization also meets standards for conflict of interest and document retention policies, showcasing its dedication to ethical practices.
However, there are some limitations noted, particularly the absence of a whistleblower policy, which is a critical element in fostering a culture of accountability. While this does not detract significantly from its overall rating, it is an area for improvement. Overall, Cape Fear Healthnet presents itself as a reliable nonprofit, with good practices in place and a focus on its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Cape Fear Healthnet Inc legitimate?
Cape Fear Healthnet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Fear Healthnet Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $36,166
Professional Fundraising Fees: $0
Other Salaries and Wages: $178,818
For more financial information, click here
Official website here: www.capefearhealthnet.org
What is the mission statement of Cape Fear Healthnet Inc?
Cape Fear Healthnet Inc's mission is centered around facilitating a unified healthcare system for individuals with limited income and lack of insurance, serving a four-county region in North Carolina. The organization's primary goal is to coordinate and oversee this system, ensuring accessibility to essential medical and behavioral health services. In 20XX, they coordinated over 10,500 medical visits and 6,368 behavioral health therapy sessions. Additionally, they facilitated the dispensing of 38,984 prescriptions through safety net pharmacies, and made referrals for dental and lab/diagnostic appointments for their patients. Moreover, they referred patients to specialist care providers who offered their services pro bono, totaling 1,757 referrals.
Official website here: www.capefearhealthnet.org
Who is the CEO of Cape Fear Healthnet Inc?
John Devaney is the Executive Dir. of Cape Fear Healthnet Inc.
Official website here: www.capefearhealthnet.org
What is the revenue of Cape Fear Healthnet Inc?
Cape Fear Healthnet Inc's revenue in 2023 was $631,798.
Official website here: www.capefearhealthnet.org
Who are the executives of Cape Fear Healthnet Inc and what are their salaries?
The average compensation at Cape Fear Healthnet Inc during 2023 was $23,887. There are 9 employees and 25 volunteers at Cape Fear Healthnet Inc.
Here are 20 key members and their salaries:
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Official website here: www.capefearhealthnet.org
Where can I find the form 990 for Cape Fear Healthnet Inc?
Cape Fear Healthnet Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.capefearhealthnet.org
Learn more at the official website: www.capefearhealthnet.org
Mission Statement of Cape Fear Healthnet Inc
Cape Fear Healthnet Inc, a nonprofit organization, is dedicated to establishing a well-organized healthcare system for individuals residing in a four-county region who are financially disadvantaged and uninsured. The primary objective of Cape Fear Healthnet Inc is to facilitate an integrated healthcare network, ensuring access to essential medical and behavioral health services for this vulnerable population.
To accomplish this mission, Cape Fear Healthnet Inc coordinates numerous medical visits and behavioral health therapy appointments, thereby ensuring that residents in need have access to necessary healthcare services. Additionally, the organization collaborates with safety net pharmacies, enabling them to dispense prescriptions to eligible patients, thereby alleviating the financial burden associated with medication costs.
Furthermore, Cape Fear Healthnet Inc plays a crucial role in connecting patients with dental and diagnostic services, making 272 dental and 2,613 lab/diagnostic appointments on behalf of its clients. Moreover, the organization makes referrals to specialty care providers who offer their expertise pro bono, ensuring that residents can access specialized medical care without incurring significant expenses.
In summary, Cape Fear Healthnet Inc is committed to establishing a coordinated healthcare system for financially disadvantaged individuals who are uninsured. Through its various initiatives, the organization ensures that residents in need have access to essential medical and behavioral health services, reducing the financial burden of healthcare costs and connecting them with specialized care providers.
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Impact
July, 2024
Cape Fear Healthnet Inc facilitates a coordinated system of health care for residents with low income and no insurance in a four-county region of North Carolina. The organization's impact is significant, with over 10,000 medical visits and 6,000 behavioral health therapy appointments facilitated. Additionally, safety net pharmacies dispensed nearly 40,000 prescriptions to HealthNet patients. The organization also provided referrals for dental, lab/diagnostic appointments, and specialty care services, with thousands of patients benefiting from these essential healthcare services.
This information is meant to be a general summary of Cape Fear Healthnet Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $572
- Program Service Revenue: $36,646
- Gross Receipts: $631,798
Assets and Liabilities:
- Total Assets: $225,347
- Total Liabilities: $70,279
- Net Assets: $155,068
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management Services
Revenue
$36,646
Organization Details
Founding Year
2008
Phone
(910) 399-2751Principal Officer
John Devaney
Main Address
1601 Doctors Circle, Wilmington, NC, 28401
Website
www.capefearhealthnet.orgNTEE Category
Code: E60 - Health
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