Overview
What is Anc Healthcare Inc?
Anc Healthcare Inc, based in Winter Park, Florida, was previously an integrated healthcare delivery system serving the residents of Western North Carolina. Although the organization sold a significant portion of its assets, including those of its subsidiaries, on February 1st, 19, it continues to oversee its subsidiaries during the liquidation process, with a focus on winding down its remaining affairs. This includes collecting and settling outstanding receivables and liabilities, and distributing assets. Despite the sale, Anc Healthcare Inc remains committed to fulfilling its mission, as outlined in its Form 990, Part III, Line 1.
Is Anc Healthcare Inc legitimate?
Anc Healthcare Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Anc Healthcare 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:
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What is the mission statement of Anc Healthcare Inc?
Anc Healthcare Inc's mission, as stated in their financial documents, was to operate an integrated healthcare delivery system for the benefit of residents in a specific region. Unfortunately, the organization ceased its operations due to the sale of a substantial portion of its assets on February 1, 1919. Post-sale, Anc Healthcare Inc continues to oversee its subsidiaries during the liquidation process. Currently, their activities involve winding down the remaining affairs of the healthcare system, including the collection and settlement of outstanding receivables and liabilities, and the distribution of assets. The entity is in the process of winding down for eventual termination.
Who is the CEO of Anc Healthcare Inc?
Neil Luria is the Chair of Anc Healthcare Inc. The CEO's salary of Anc Healthcare Inc is $0 and their total compensation is $0.
What is the revenue of Anc Healthcare Inc?
Anc Healthcare Inc's revenue in 2022 was $7,749,888.
Who are the executives of Anc Healthcare Inc and what are their salaries?
There 5 volunteers at Anc Healthcare Inc.
Here are 13 key members and their salaries (Anc Healthcare Inc's CEO's salary is $0 and their total compensation is $0):
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Where can I find the form 990 for Anc Healthcare Inc?
Anc Healthcare Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Anc Healthcare Inc
Anc Healthcare Inc, prior to its sale of a substantial portion of its assets on February 1, 19, had a mission to operate an integrated healthcare delivery system benefiting the residents of Western North Carolina. The organization aimed to provide comprehensive healthcare services, encompassing various aspects of health care, ensuring the well-being of the local community. With the sale, the organization's operations ceased, but it continues to maintain oversight of its subsidiaries during the liquidation process. Currently, Anc Healthcare Inc is focused on winding down the remaining affairs of the health system, including the collection and settlement of outstanding receivables and liabilities, and the distribution of assets. Despite the sale and subsequent winding down, Anc Healthcare Inc's legacy as a healthcare provider in Western North Carolina remains significant.
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Impact
October, 2024
Anc Healthcare Inc has a significant impact on the healthcare landscape in the regions it served. The organization was once dedicated to operating an integrated health delivery system designed to benefit the residents of Western North Carolina. This commitment contributed to local healthcare accessibility and delivery, addressing the needs of a community that relies on effective medical services.
However, after the sale of its operating facilities and a substantial portion of its assets in early 2019, Anc Healthcare Inc transitioned to a phase of winding down. Currently, the focus is on overseeing the liquidation process of its subsidiaries and managing outstanding financial obligations, including the collection and settlement of receivables and liabilities. This transition reflects the organization's ongoing commitment to ensuring a responsible closure to its operations while managing the distribution of any remaining assets.
Despite the cessation of its operational activities, the legacy of Anc Healthcare Inc's mission endures in the context of healthcare access and delivery, even as it works through the complexities of terminating its operations. The outcome of this process will ultimately influence the future structure of healthcare services available to the community it once served.
This information is meant to be a general summary of Anc Healthcare 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.
- Investment Income: $1,014,712
- Program Service Revenue: $6,573,125
- Gross Receipts: $13,530,943
Assets and Liabilities:
- Total Assets: $111,723,890
- Total Liabilities: $31,132,479
- Net Assets: $80,591,411
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEDICARE/MEDICAID ADJUSTMENTS
Revenue
$5,467,659
JOINT VENTURE INCOME
Revenue
$1,065,428
DRUG PROGRAM REIMBURSEMENT
Revenue
$40,038
Organization Details
Founding Year
1981
Phone
(321) 972-3585Principal Officer
Neil Luria
Main Address
425 W NEW ENGLAND AVE SUITE 300, WINTER PARK, FL, 32789
NTEE Category
Code: E210 - Health
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