Associated Health Services Inc
88% goes to programs Strong reserves Growing revenue
Associated Health Services Inc is a 501(c)(3) organization based in Durham, North Carolina, registered in 1997, with $69,034,566 in FY2023 revenue. CharityIndex grades it A, and it directs about 88% of spending to programs.
2200 W Main St Ste 300, Durham, NC, 27705 EIN 56-1845329 Since 1997
Revenue (FY2023)
$69.0M
▲ 17.7% vs prior year
Health median: $840K
Expenses (FY2023)
$56.6M
Net assets
$28.3M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating88% to programs
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Associated Health Services Inc: 88% to programs earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +18% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Associated Health Services Inc: 6 mo reserves · +18% margin earns a A on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Associated Health Services Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Associated Health Services Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
See schedule o for organization's mission statementassociated health services, inc. (ahs) provides ambulatory surgical services as part of duke regional hospital, a division of duke university health system, inc. (ahs' supported organization).
Contact & location
- Address
- 2200 W Main St Ste 300, Durham, NC, 27705
- City
- Durham
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $14.2M (FY2013) to $69.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $5.4MNet assets $28.3M
Operating margin
18.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$33.7M
Total liabilities
$5.4M
Net assets
$28.3M
Salaries & benefits
$0
0% of expenses
Board members
5
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $69,034,566▲17.7% | $56,568,736▲8.0% | $28,290,581▼5.9% | $33,666,858▼6.3% | 990 |
| 2022 | $58,633,498▲10.3% | $52,400,194▲22.3% | $30,077,455▼9.0% | $35,940,211▼7.7% | 990 |
| 2021 | $53,163,809▲88.2% | $42,862,397▲66.9% | $33,035,194▲2.5% | $38,953,984▲3.8% | 990 |
| 2020 | $28,247,702▲21.4% | $25,687,681▲47.9% | $32,215,991▲113% | $37,513,623▲77.3% | 990 |
| 2019 | $23,267,301▲4.3% | $17,369,364▲8.7% | $15,132,085▲83.7% | $21,162,014▲115% | 990 |
| 2018 | $22,314,280▼0.8% | $15,982,605▲0.4% | $8,238,663▲14.2% | $9,839,599▲10.9% | 990 |
| 2017 | $22,498,848▲15.7% | $15,914,280▲11.2% | $7,216,712▼1.6% | $8,872,780▼1.0% | 990 |
| 2016 | $19,447,332▲16.9% | $14,306,143▲18.3% | $7,335,515▲18.3% | $8,966,808▲16.6% | 990 |
| 2015 | $16,642,474▼2.5% | $12,088,040▲1.3% | $6,199,233▼11.6% | $7,690,252▼10.4% | 990 |
| 2014 | $17,067,384▲20.0% | $11,937,544▲8.2% | $7,011,849▲15.4% | $8,579,805▲13.0% | 990 |
| 2013 | $14,221,418 | $11,030,216▲7.2% | $6,075,072▲24.7% | $7,594,809▲14.1% | 990 |
| 2012 | — | $10,289,003▼3.1% | $4,872,667▼17.4% | $6,656,962▼7.1% | 990 |
| 2011 | — | $10,617,240▼1.1% | $5,902,112▲12.0% | $7,164,068▲11.8% | 990 |
| 2010 | — | $10,732,040▲13.7% | $5,267,566▼6.4% | $6,405,224▼2.3% | 990 |
| 2009 | — | $9,442,381 | $5,628,667 | $6,558,421 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Colleen Shannon | Director | 0.1 | — |
| Devdutta Sangvai Md | Director/president | 0.1 | — |
| Jonathan Hoy | Former Officer | 0 | — |
| Kathleen B Galbraith | Former Officer | 0 | — |
| Leigh Bleecker | Director/treasurer | 0.1 | — |
| Paula T Cates | Former Officer | 0 | — |
| Paul Mosca Md | Director | 0.2 | — |
| Rena Courtay | Director | 0.1 | — |
| Stephen Klein Md | Secretary | 0.1 | — |
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Frequently asked questions
- Is Associated Health Services Inc a legitimate nonprofit?
- Yes. Associated Health Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 56-1845329, based in Durham, North Carolina. Donations are tax-deductible.
- What is Associated Health Services Inc's EIN?
- Associated Health Services Inc's Employer Identification Number (EIN) is 56-1845329.
- How much revenue does Associated Health Services Inc report?
- Associated Health Services Inc reported $69,034,566 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Associated Health Services Inc's spending goes to programs?
- Associated Health Services Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Associated Health Services Inc have?
- CharityIndex grades Associated Health Services Inc A, based on program efficiency and fundraising cost.
- How much does Associated Health Services Inc's highest-paid employee make?
- The highest reported compensation on Associated Health Services Inc's latest Form 990 is $0, paid to Colleen Shannon (Director).
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Data for Associated Health Services Inc (EIN 56-1845329) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.