Overview
What is Advanced Health Network Inc?
Advanced Health Network Inc is a nonprofit organization located in West Babylon, New York. Their primary mission is to offer financial support and encouragement for the development of health home networks. These networks cater to population groups with intricate medical, behavioral, and long-term care needs, such as high-cost, high-need Medicaid enrollees dealing with behavioral health issues and chronic medical conditions. Their objective is to ensure these populations have access to integrated and coordinated primary, medical, specialty, and behavioral health care. They also disseminate information to the public about the needs of individuals with complex medical, behavioral, and long-term care needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 46%, Zero-Star out of Four Star Rating.
Advanced Health Network Inc has received a low rating of 46%, earning a Zero-Star rating, which reflects significant concerns regarding its financial health and program expense ratios. The overall score is heavily weighted on Accountability & Finance, indicating that while the organization has strong governance practices, its financial management raises red flags.
The organization showcases strengths in board independence, with a fully independent board and solid governance practices, receiving maximum points in areas like independent board members and documentation of board meeting minutes. However, the concerning financial ratios, particularly the liabilities to assets ratio of 91.08% and a program expense ratio of only 53.29%, suggest that a significant portion of its resources may not be directed towards its core mission.
While Advanced Health Network Inc demonstrates good oversight and governance structure, the financial metrics indicate potential sustainability challenges. Stakeholders may want to consider these factors when evaluating the organization’s effectiveness and long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Advanced Health Network Inc legitimate?
Advanced Health Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advanced Health Network 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $134,438
For more financial information, click here
What is the mission statement of Advanced Health Network Inc?
Advanced Health Network Inc's mission is centered around providing financial support and encouragement for the development of health home networks. These networks cater to population groups with complex medical, behavioral, and long-term care needs, specifically high-cost, high-need Medicaid enrollees suffering from behavioral health and chronic medical conditions. The organization's goal is to ensure these populations have access to primary, medical, specialty, and behavioral health care that promotes integration and coordination of care. To achieve this, Advanced Health Network Inc advocates on their behalf and disseminates information to the public about the needs of individuals with complex medical, behavioral, and long-term care needs.
Who is the CEO of Advanced Health Network Inc?
Karen Boorshtein is the President of Advanced Health Network Inc.
What is the revenue of Advanced Health Network Inc?
Advanced Health Network Inc's revenue in 2022 was $953,182.
Who are the executives of Advanced Health Network Inc and what are their salaries?
There 4 volunteers at Advanced Health Network Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Advanced Health Network Inc?
Advanced Health Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Advanced Health Network Inc
Advanced Health Network Inc is committed to providing financial support and encouragement for the development of Health Home Networks. Their mission is focused on population groups with complex medical, behavioral, and long-term care needs, specifically high-cost and high-need Medicaid enrollees with behavioral health and chronic medical conditions. The organization aims to advocate for these populations, ensuring they have access to primary, medical, specialty, and behavioral health care that supports integration and coordination of care. By doing so, Advanced Health Network Inc seeks to disseminate information to the public about the needs of individuals with complex medical, behavioral, and long-term care needs. This mission is crucial in improving the overall health and well-being of these vulnerable populations.
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Impact
July, 2024
Advanced Health Network Inc's impact lies in its support and development of health home networks for population groups with complex medical, behavioral, and long-term care needs, including high-cost/high-need Medicaid enrollees with behavioral health and chronic medical conditions. The organization advocates to ensure that such populations have access to primary, medical, specialty, and behavioral health care that supports integration and coordination of care. By providing financial support and encouragement for the development of these health home networks, Advanced Health Network Inc plays a crucial role in improving the overall health and wellbeing of individuals with complex healthcare needs. Additionally, the organization disseminates information to the public about the needs of these individuals, raising awareness and fostering greater understanding of the challenges they face.
This information is meant to be a general summary of Advanced Health Network 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 2022.
- Gross Receipts: $953,182
Assets and Liabilities:
- Total Assets: $1,361,744
- Total Liabilities: $1,240,323
- Net Assets: $121,421
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Organization Details
Founding Year
2011
Phone
(631) 669-5355Principal Officer
Karen Boorshtein
Main Address
1 FARMINGDALE ROAD, WEST BABYLON, NY, 11704
NTEE Category
Code: B03 - Education
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