2022-11-14T15:40:02-06:00 2022-06-30 560574444 CHERRY BEKAERT LLP 3800 GLENWOOD AVE SUITE 200 RALEIGH NC 27612 990 2021-07-01 561082675 FAYETTEVILLE AREA HEALTH EDUCATION FOUNDATION INC FAYE 9106787220 1601 OWEN DRIVE FAYETTEVILLE NC 28304 SUSHMA KAPOOR MD PRESIDENT & CEO 9103231152 2022-11-08 1 SUSHMA KAPOOR MD 999009999 AMANDA ADAMS P00748038 9197821040 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z SOUTHERN REGIONAL AHEC SUSHMA KAPOOR MD 1601 OWEN DRIVE FAYETTEVILLE NC 28304 22954314 0 X WWW.SR-AHEC.ORG X 1974 NC THE MISSION OF SR-AHEC IS TO DELIVER QUARLITY HEALTHCARE EDUCATION AND MEET THE REGIONS' HEALTH WORKFORCE NEEDS BY: PROMOTING STATE OF THE ART HEALTHCARE EDUCATION, CONTINUALLY SEEKING INNOVATION IN THE EDUCATION EXPERIENCE AND PROVIDING TIMELY INFORMATION RESOURCES FOR THE PROVIDERS AND CUSTOMERS IN THE REGION. OUR MISSION IS TO IMPROVE ACCESS TO CARE THROUGH HIGHQUALITY CLINICAL SERVICES AND INCREASE THE NUMBER AND DIVERSITY OF PRACTICING HEALTH CARE PROFESSIONALS. 12 12 189 12 0 0 9615396 9151394 11274810 11018258 630597 747033 0 0 21520803 20916685 0 0 0 0 10912176 11186171 0 0 0 7892880 8284549 18805056 19470720 2715747 1445965 35260140 34117990 13456925 12255543 21803215 21862447 X THE MISSION OF SR-AHEC IS TO DELIVER QUALITY HEALTHCARE EDUCATION AND MEET THE REGIONS' HEALTH WORKFORCE NEEDS BY: PROMOTING STATE OF THE ART HEALTHCARE EDUCATION, CONTINUALLY SEEKING INNOVATION IN THE EDUCATION EXPERIENCE AND PROVIDING TIMELY INFORMATION RESOURCES FOR THE PROVIDERS AND CUSTOMERS IN THE REGION. OUR MISSION IS TO IMPROVE ACCESS TO CARE THROUGH HIGH QUALITY CLINICAL SERVICES AND INCREASE THE NUMBER AND DIVERSITY OF PRACTICING HEALTH CARE PROFESSIONALS. 0 0 14030140 3648972 THERE WERE TWENTY FOUR FAMILY MEDICINE RESIDENTS IN THE PROGRAM THIS YEAR. EIGHT PHYSICIANS COMPLETED THE RESIDENCY IN JUNE WITH EIGHT NEW RESIDENTS ENTERING THE PROGRAM. THERE WERE 31,894 PATIENT VISITS IN THE FAMILY MEDICINE CENTER AND SPECIALTY MEDICINE CENTER. THE BUSINESS OFFICE STAFF CONTINUED TO EXCEED MGMA BEST PRACTICE TARGETS FOR DAYS IN ACCOUNTS RECEIVABLE AND NUMBER OF DENIALS. AT SR-AHEC FAMILY MEDICINE RESIDENCY OUR MISSION HAS ALWAYS BEEN TO TRAIN RESIDENTS AND PLACE OUR RESIDENCY GRADUATES IN THE COMMUNITY TO HELP IMPROVE HEALTHCARE ACCESS FOR OUR PATIENTS AND IMPROVE THE OVERALL HEALTH OF THE POPULATION IN OUR NINE-COUNTY REGION OF: BLADEN, CUMBERLAND, HARNETT, HOKE, MOORE, ROBESON, SAMPSON AND SCOTLAND COUNTIES. IN FY21, EIGHT PHYSICIANS JOINED THE OVER 220 DOCTORS WHO HAVE CHOSEN THE DUKE/SOUTHERN REGIONAL AHEC FAMILY MEDICINE RESIDENCY PROGRAM SINCE 1977 TO BOARD-CERTIFY THEIR SKILLS IN FAMILY MEDICINE. THESE DOCTORS OF ALLOPATHIC AND OSTEOPATHIC MEDICINE CONTINUE THEIR EDUCATION OR BEGIN THEIR CAREERS IN HOSPITALS, PRIVATE PRACTICES, IN THE MILITARY, AND OTHER AVENUES AS THEY PURSUE THEIR LIFE-LONG AMBITION OF PROVIDING COMPREHENSIVE HEALTH CARE TO PEOPLE OF ALL AGES.SINCE 1977, APPROX. TWENTY FIVE PERCENT OF THESE PRIMARY CARE PHYSICIANS STAYED IN NORTH CAROLINA OR IN THE REGION AFTER GRADUATING FROM THE PROGRAM. SINCE 2015, THE NUMBER OF GRADUATES OPTING TO WORK WITH LOCAL OR REGIONAL HOSPITALS AS THEIR FIRST JOB AFTER GRADUATION HAS BEEN STEADILY INCREASING.THIS PAST YEAR WE HAD SEVENTY PERCENT OF OUR GRADUATES PRACTICE IN OUR REGION. FACULTY AND STAFF PRESENTED AT NUMEROUS NATIONAL AND STATE PROFESSIONAL MEETINGS. 3640219 7369286 THE HEALTH CAREERS AND WORKFORCE DIVERSITY PROGRAM FOCUSED ON THE PLANNING OF THE AHEC SCHOLARS PROGRAM IN PREPARATION FOR THE THIRD COHORT OF SCHOLARS. ITS AIM IS TO RECRUIT, TRAIN, AND SUPPORT A DIVERSE GROUP OF STUDENTS FROM EACH AHEC REGION, CREATING A MULTIDISCIPLINARY TEAM OF HEALTH PROFESSIONALS COMMITTED TO COMMUNITY SERVICE AND THE TRANSFORMATION OF HEALTH CARE IN NORTH CAROLINA. THIS NEW PROGRAM IS AN EXTENSION OF THE K-12 HEALTH CAREERS PIPELINE TO HIGHER EDUCATION THAT HAS BEEN OFFERED THROUGH NC AHEC SINCE THE 1990S. THE NC AHEC SCHOLARS PROGRAM WAS DEVELOPED FOR HEALTH PROFESSIONS STUDENTS INTERESTED IN SUPPLEMENTING THEIR EDUCATION WITH ADDITIONAL KNOWLEDGE AND EXPERIENCE IN RURAL AND/OR UNDERSERVED URBAN SETTINGS. SR AHEC CONTINUED TO OFFER SPECIFIC PIPELINE PROGRAMS TO INCLUDE HEALTH CAREERS PASSPORT, H.U.M.P. DAY IN PARTNERSHIP WITH CAMPBELL, TEACH, AND AHEC ON THE HILL. TEACHING EXCELLENCE FOR A CAREER IN HEALTH (TEACH) IS A NINE-MONTH PRE-PROFESSIONAL HEALTH ENRICHMENT PROGRAM FOR HIGH SCHOOL STUDENTS IN GRADES 8 -12. ITS GOAL IS TO SERVE AS AN INTEGRAL COMPONENT IN THE STATE'S EDUCATION PIPELINE AND TO MAKE A SIGNIFICANT IMPACT ON THE NUMBER OF UNDER-REPRESENTED STUDENTS ENTERING THE HEALTH PROFESSIONS IN THE REGION. DUE TO THE PANDEMIC SOME OF THESE PROGRAMS HAVE TRANSITIONED TO A VIRTUAL PLATFORM.IN 2021-2022, 380 CE/CME PROGRAMS WITH 1,072.25 PROGRAM HOURS WERE OFFERED TO HEALTH CARE PROFESSIONALS THROUGH SR-AHEC. THIRTY-SIX PERCENT OF THESE PROGRAMS WERE HELD IN CUMBERLAND COUNTY, WITH 16 PERCENT HOSTED IN SR-AHEC'S OTHER 8 COUNTIES IN THE REGION AND ANOTHER 48 PERCENT HELD OUTSIDE OF THE REGION. THE TRANSITION TO A VIRTUAL PLATFORM DUE TO THE PANDEMIC PLAYED A ROLE IN INCREASED PARTICIPATION FROM OUTSIDE THE REGION. THERE WERE 9,706 INDIVIDUALS WHO ATTENDED CE/CME PROGRAMS, WITH AN AVERAGE OF 26 PER PROGRAM. A TOTAL OF 187 HEALTH PROFESSIONS STUDENTS RESIDED IN SR-AHEC PROVIDED STUDENT HOUSING IN THE REGION. STUDENTS CAME PRIMARILY FROM DUKE, EAST CAROLINA, METHODIST UNIVERSITY, UNIVERSITY OF NORTH CAROLINA-CHAPELHILL, WESTERN CAROLINA UNIVERSITY AND WAKE FOREST UNIVERSITY AND CAMPBELL.THERE WERE ALSO ROTATIONS FOR TEN 3RD YEAR VIRGINIA COLLEGE OF OSTEOPATHIC MEDICINE (VCOM) STUDENTS WHO SPENT THE WHOLE ACADEMIC YEAR LEARNING IN THE FAMILY MEDICINE CENTER. SOUTHERN REGIONAL AHEC'S PRACTICE SUPPORT TEAM TRANSFORMS HEALTHCARE DELIVERY IN OUR NINE-COUNTY REGION BY HELPING PROVIDERS MEET NATIONAL STANDARDS AND READY THEMSELVES FOR VALUE-BASED CARE. THIS TEAM WORKSWITH INDIVIDUAL PRACTICES TO PROVIDE ON-SITE ASSISTANCE ON THE TOOLS AND SYSTEMS NEEDED TO OFFER CONSISTENT, HIGH-QUALITY CARE TO ALL PATIENTS, AND PREPARE THE PRACTICE TO RECEIVE VALUE-BASED PAYMENT INITIATIVES. 17670359 1 1 0 1 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 145 0 1 189 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NC X LYNN GREENE 9106787232 1601 OWEN DRIVE FAYETTEVILLE NC 28304 TODD TELEMECO PHD CHAIRMAN 1.00 X X 0 0 0 DAVID TOLENTINO DO VICE-CHAIRMAN 1.00 X X 0 0 0 JOHN R WORTH CPA SECRETARY/TREASURER 1.00 X X 0 0 0 DINA H ADAMS PHARMD RPH TRUSTEE 0.50 X 0 0 0 TIMOTHY BELL PA MPH TRUSTEE 0.50 X 0 0 0 DAVID L BOLIEK JR JD MBA TRUSTEE 0.50 X 0 0 0 DAVID G DICKERHOFF DDS TRUSTEE 0.50 X 0 0 0 HELENE F EDWARDS MS RD TRUSTEE 0.50 X 0 0 0 TIMOTHY HALL TRUSTEE 0.50 X 0 0 0 SHANNON A MATTHEWS TRUSTEE 0.50 X 0 0 0 WESLEY A MEREDITH TRUSTEE 0.50 X 0 0 0 MARVIN SWARTZ MD TRUSTEE 1.00 X 0 0 0 SUSHMA S KAPOOR MD PRESIDENT/CEO 50.00 X 311908 0 15647 KATHRYN L GREENE MBA VP ADMIN & FINANCE/CFO 45.00 X 154228 0 12528 TAIWONA L ELLIOTT DO VP CLINICAL EDUCATION & SERVICES/RESIDENCY PROGRAM 45.00 X 273547 0 8729 LENARD D SALZBERG MD FACULTY PHYSICIAN 45.00 X 236212 0 14864 JAMES S LESTER DO FACULTY PHYSICIAN 45.00 X 217527 0 13384 WESLEY A HILBERT MD FACULTY PHYSICIAN 45.00 X 221946 0 14694 RAJESH KHURANA MD FACULTY PHYSICIAN 45.00 X 201873 0 14473 VICKI HARDY DO FACULTY PHYSICIAN 45.00 X 199695 0 13465 1816936 0 107784 14 0 1 0 LABORATORY CORPORATION OF AMERICA 1100 N SHENANDOAH AVE STE A FRONT ROYAL VA 22630 LAB TESTING 133774 1 1750315 7401079 9151394 PATIENT SERVICES 621110 5475398 5475398 RESIDENCY CONTRACT FEES 900099 3648972 3648972 PHARMACY PROCEEDS 900099 601846 601846 WORKSHOPS 900099 503644 503644 OTHER SERVICE REVENUE 900099 148536 148536 639862 639862 11018258 219252 219252 2565410 2037629 527781 527781 527781 20916685 11018258 0 747033 X 791576 280091 511485 8510173 7807230 702943 229163 197621 31542 1012231 1012908 -677 643028 562930 80098 3382 3382 68066 68066 82724 82724 4859657 4846622 13035 12555 6985 5570 1210398 1092270 118128 40977 34176 6801 705696 700700 4996 70776 65289 5487 51666 37099 14567 717363 643976 73387 241366 162539 78827 WORKSHOPS 150426 150426 BAD DEBT 69497 69497 19470720 17670359 1800361 0 9603904 4679329 515369 516466 2071562 6404509 365647 666834 86492 76796 349710 415979 17655117 4884723 13381865 12770394 8882741 8584833 2850 2850 35260140 34117990 1242529 1258247 723620 28440 11490776 10968856 13456925 12255543 X 21770448 21834425 32767 28022 21803215 21862447 35260140 34117990 1445965 -1386733 0 X 0 1 X 1 1 1 X 3917978 8665974 3930101 9615396 9151394 35280843 3917978 8665974 3930101 9615396 9151394 35280843 35280843 178460 171839 213165 204935 219252 987651 36268494 54049060 0.97280 0.97000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19387996 19387996 1000000 250000 0 0 1000000 868784 1000000 1000000 3868784 5803176 250000 217196 250000 250000 967196 1450794 32767 -4745 28022 26735 6032 32767 25888 847 26735 25000 888 25888 1.00000 0 0 356018 356018 14017379 2212606 11804773 2745642 2298102 447540 536078 374015 162063 12770394 X 19447228 -1386733 -1386733 20833961 82724 82724 20916685 19387996 0 19387996 82724 82724 19470720 PART V, LINE 4: THE PURPOSE OF THE ENDOWMENT FUNDS IS TO PROVIDE AN ANNUAL AWARD TO AN INDIVIDUAL THAT HAS GIVEN EXTRAORDINARY SERVICE TO THE MISSION OF SR-AHEC. THE PERCENTAGE REPORTED FOR PERMANENT ENDOWMENTS INCLUDES AMOUNTS THAT MUST BE MAINTAINED IN PERPETUITY AS WELL AS ACCUMULATED EARNINGS ON SUCH AMOUNTS THAT HAVE NOT YET BEEN APPROPRIATED FOR EXPENDITURE. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS EVALUATED THE EFFECT OF THE GUIDANCE PROVIDED BY U.S. GAAP ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT BELIEVES THAT THE FOUNDATION CONTINUES TO SATISFY THE REQUIREMENTS OF A TAX-EXEMPT ORGANIZATION AT JUNE 30, 2022. MANAGEMENT HAS EVALUATED ALL OTHER TAX POSITIONS THAT COULD HAVE A SIGNIFICANT EFFECT ON THE FINANCIAL STATEMENTS AND DETERMINED THE FOUNDATION HAD NO UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2022. X 1 1 X X X 0 0 0 0 0 0 0 0 0 SUSHMA S KAPOOR MD PRESIDENT/CEO 304033 0 7875 0 0 0 7708 0 7939 0 327555 0 0 0 TAIWONA L ELLIOTT DO VP CLINICAL EDUCATION & SERVICES/RES 265432 0 6615 0 1500 0 8000 0 729 0 282276 0 0 0 LENARD D SALZBERG MD FACULTY PHYSICIAN 226608 0 5704 0 3900 0 6925 0 7939 0 251076 0 0 0 WESLEY A HILBERT MD FACULTY PHYSICIAN 216517 0 5429 0 0 0 6755 0 7939 0 236640 0 0 0 JAMES S LESTER DO FACULTY PHYSICIAN 212230 0 5297 0 0 0 5445 0 7939 0 230911 0 0 0 RAJESH KHURANA MD FACULTY PHYSICIAN 196576 0 5297 0 0 0 6534 0 7939 0 216346 0 0 0 VICKI HARDY DO FACULTY PHYSICIAN 194398 0 5297 0 0 0 5526 0 7939 0 213160 0 0 0 KATHRYN L GREENE MBA VP ADMIN & FINANCE/CFO 150365 0 3863 0 0 0 4679 0 7849 0 166756 0 0 0 PART I, LINE 1A TAIWONA L. ELLIOTT, MD AND LENARD D. SALZBERG RECEIVED BONUSES WHICH WERE GROSSED UP FOR TAX PURPOSES. GROSS UP AMOUNTS WERE ALSO TREATED AS TAXABLE COMPENSATION. PART I, LINE 1B TAX INDEMNIFICATION AND GROSS-UP PAYMENTS WERE RELATED TO BONUSES AWARDED BY THE ORGANIZATION, THEREFORE NO SUBSTANTIATION WITH RESPECT TO REIMBURSING OR ALLOWING EXPENSES WAS REQUIRED. FORM 990, PART VI, SECTION B, LINE 11B ONCE COMPLETED, THE FORM 990 IS PRESENTED TO THE EXECUTIVE COMMITTEE, THE PRESIDENT/CEO AND VICE PRESIDENT, ADMINISTRATION & FINANCE VIA CONFERENCE CALL BY THE AUDITOR. THE FORM 990 IS UPLOADED TO THE BOARD OF TRUSTEES WEBSITE FOR THEIR REVIEW PRIOR TO THE NOVEMBER BOARD MEETING. THE EXECUTIVE COMMITTEE RECOMMENDS THE ACTION TO ACCEPT THE REPORT AS PRESENTED, BARRING ANY CHANGES/CORRECTIONS, AND THE FULL BOARD VOTES TO ACCEPT THE REPORT. ONCE APPROVED THE FORM 990 IS FILED ON TIME. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED AND DECLARATION IS RENEWED ANNUALLY AND KEPT ON FILE. IN THE EVENT OF A CONFLICT OCCURRING DURING THE YEAR, A BOARD MEMBER MUST DISCLOSE ANY CONFLICT OR POTENTIAL CONFLICT OF INTEREST AS SOON AS HE OR SHE RECOGNIZES IT. IF A BOARD MEMBER OR THE CEO HAS REASONABLE CAUSE TO BELIEVE THAT A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, HE/SHE SHALL NOTIFY THE BOARD CHAIR. THE BOARD CHAIR SHALL THEN ACT IN ACCORDANCE WITH THE POLICY IN INVESTIGATING THE CONCERN. FORM 990, PART VI, SECTION B, LINE 15 AN EXECUTIVE SALARY RANGE WILL BE ESTABLISHED BASED ON SIMILAR POSITIONS ACROSS THE NC AHEC SYSTEM WITH CONSIDERATION GIVEN TO JOB TITLE, DUTIES, EXPERIENCE, EDUCATION, ORGANIZATION SIZE BY REVENUE AND EMPLOYEES, CHALLENGES FACING THE ORGANIZATION REQUIRING EXCEPTIONAL SKILLS OR ATTRIBUTES AND IMPACT OF ORGANIZATIONAL WELL BEING. ANNUALLY, THE EXECUTIVE COMMITTEE OR FULL BOARD OF TRUSTEES WILL MEET INDEPENDENT OF THE CHIEF EXECUTIVE TO DISCUSS PERFORMANCE RELATIVE TO THE JOB DESCRIPTION AND ANNUAL GOALS. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO THE ANNUAL BENCHMARKS AND ESTABLISHED OBJECTIVES. THE COMPENSATION DECISION IS APPROVED BY THE FULL BOARD OF TRUSTEES. DOCUMENTATION THAT THE DELIBERATION AND DECISION TOOK PLACE WILL BE NOTED IN THE BOARD OF TRUSTEES MINUTES. THE BOARD CHAIR WILL MEET WITH THE CHIEF EXECUTIVE TO DISCUSS STRENGTHS, WEAKNESSES AND GOALS FOR THE UPCOMING YEAR. COMPENSATION IS BASED ON MARKET DATA OF COMPARABLE POSITIONS AT OTHER NC AHEC PROGRAMS AND MGMA (MEDICAL GROUP MANAGEMENT ASSOCIATION) SALARY SURVEYS. THE DATA IS COMPILED BY THE DIRECTOR OF HUMAN RESOURCES AND REVIEWED WITH THE PRESIDENT/CEO FOR DETERMINATION OF COMPENSATION WITH CONSIDERATION OF EXPERIENCE, EDUCATION, DUTIES AND RESPONSIBILITIES, AND SPECIFIC CHALLENGES FACING THE ORGANIZATION IN THOSE WORK AREAS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 178,930. MANAGEMENT AND GENERAL EXPENSES 13,035. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 191,965. MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 253,037. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 253,037. RESIDENCY SUPPORT PAYMENTS: PROGRAM SERVICE EXPENSES 4,414,655. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,414,655.