Overview
What is Charlotte Health Initiative Inc?
Charlotte Health Initiative Inc is a nonprofit organization situated in Charlotte, North Carolina, with a mission to enhance the health and wellbeing of uninsured and underinsured individuals living with HIV/AIDS. The organization serves a total of 595 clients, offering various units of service, including ambulatory primary care, laboratory services, medical case management, insurance copay assistance, and specialist services. Their team of dedicated professionals, comprising 2 employees, works tirelessly to provide quality HIV care and bridge the gap in necessary medical services for those who are insured but lack coverage for certain needs.
Official website here: www.charlottehealthinitiative.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Charlotte Health Initiative Inc has received a Two-Star out of Four Star rating from Charity Navigator, with an overall score of 66%. This rating indicates significant areas for improvement, particularly in governance and financial accountability, with 0% independent board members and a lack of independent financial statements. While the organization demonstrates a commitment to transparency through policies such as conflict of interest and whistleblower protection, the overall governance structure raises concerns.
Despite the governance issues, the nonprofit showcases strong programmatic efficiency, reflected in a high program expense ratio of 97.61%, indicating that nearly all funds are directed toward programs rather than administrative costs. Additionally, the organization has no material diversion of assets and maintains a good liabilities to assets ratio at 3.79%, suggesting financial stability in terms of obligations.
However, the absence of independent board members and the lack of posted financial documents on their website may hinder public trust and accountability. Addressing these weaknesses will be crucial for improving their rating and reinforcing stakeholder confidence in the organization’s stewardship and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Charlotte Health Initiative Inc legitimate?
Charlotte Health Initiative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Charlotte Health Initiative 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: $42,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,640
For more financial information, click here
Official website here: www.charlottehealthinitiative.org
What is the mission statement of Charlotte Health Initiative Inc?
Charlotte Health Initiative Inc's mission is centered around improving the health and wellbeing of individuals who are uninsured or underinsured, specifically those living with HIV/AIDS. The organization strives to provide these individuals with access to high-quality HIV care. Additionally, it aims to bridge the gap in services for those who are insured but lack coverage for essential medical services. The initiative offers various services, including ambulatory primary care, laboratory services, medical case management, insurance copay assistance, and specialist services, to cater to the needs of its client base, totaling 595 individuals, with a total of 4,664 units of service provided.
Official website here: www.charlottehealthinitiative.org
Who is the CEO of Charlotte Health Initiative Inc?
Amaka Ekwonu is the Director of Charlotte Health Initiative Inc.
Official website here: www.charlottehealthinitiative.org
What is the revenue of Charlotte Health Initiative Inc?
Charlotte Health Initiative Inc's revenue in 2023 was $6,887,549.
Official website here: www.charlottehealthinitiative.org
Who are the executives of Charlotte Health Initiative Inc and what are their salaries?
The average compensation at Charlotte Health Initiative Inc during 2023 was $47,070. There are 2 employees at Charlotte Health Initiative Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $42,500
- Related: $42,500
- Other: $8,274
- Compensation: $0
- Related: $225,000
- Other: $269,285
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.charlottehealthinitiative.org
Where can I find the form 990 for Charlotte Health Initiative Inc?
Charlotte Health Initiative Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.charlottehealthinitiative.org
Learn more at the official website: www.charlottehealthinitiative.org
Mission Statement of Charlotte Health Initiative Inc
Charlotte Health Initiative Inc is committed to enhancing the health and wellbeing of individuals who are uninsured or underinsured, specifically those living with HIV/AIDS. Their primary mission is to offer these individuals access to high-quality HIV care, bridging any service gaps that may exist for those who are insured but lack coverage for essential medical services.
Through their programs, Charlotte Health Initiative Inc serves a total of 595 clients, providing them with a variety of units of service. These services include ambulatory primary care for 530 patients, laboratory services for 387 patients, medical case management for 369 patients, insurance copay assistance for 205 patients, and specialist services for 37 patients. The organization's efforts are focused on ensuring that these individuals receive the necessary care they require, regardless of their insurance status or coverage limitations.
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Impact
July, 2024
Charlotte Health Initiative Inc has had a significant impact on the health and wellbeing of uninsured and underinsured individuals living with HIVAIDS in Charlotte, NC. Through their activities, they have served a total of 595 clients and provided 4,664 units of service. Their services include ambulatory primary care for 530 patients, laboratory services for 387 patients, medical case management for 369 patients, insurance copay assistance for 205 patients, and specialist services for 37 patients. Their mission is to provide access to quality HIV care for those in need and bridge the gap in services for individuals who are insured but lack coverage for certain necessary medical services.
This information is meant to be a general summary of Charlotte Health Initiative 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: $9
- Program Service Revenue: $6,338,378
- Gross Receipts: $6,887,549
Assets and Liabilities:
- Total Assets: $5,837,439
- Total Liabilities: $221,386
- Net Assets: $5,616,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Pharmacy Program
Revenue
$6,338,378
Organization Details
Founding Year
2014
Phone
(980) 939-8030Principal Officer
Amaka Ekwonu
Main Address
4115 The Plaza, Charlotte, NC, 28205
NTEE Category
Code: E70 - Health
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