Civic Intelligence

North Carolina Healthcare Engineers Association Inc

EIN 56-1397736 • 501(c)6 • Durham, NC

NTEE Y03

Profile

NCHEA Corporation is a non-profit professional association. It shall be non-union in its organization and activities. The primary focus of the association will be to promote education for healthcare engineers on a variety of subjects as they relate to the healthcare engineering field. Frequent meetings, conferences, and seminars will be held to facilitate the delivery of this education.

2608 Erwin Drive 148Durham, NC 27204

www.nchea.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.00x

Higher debt load relative to assets than 48% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.00x

Higher debt load relative to revenue than 48% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Net Margin

27th percentile

-1.0%

Higher net margin than 27% of similar nonprofits.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

52nd percentile

$0

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE Y • $1M-$5M nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets48th percentile

Assets

$737,125

No earlier filing loaded for comparison.

Liabilities

$24

No earlier filing loaded for comparison.

Net Assets

$737,101

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue48th percentileNet Margin27th percentile

Revenue

$1,265,167

No earlier filing loaded for comparison.

Expenses

$1,278,263

No earlier filing loaded for comparison.

Net Income

-$13,096

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2024: $737,125Liabilities 2024: $24Net Assets 2024: $737,1012024

Highlighted filing

2024

Assets$737,125
Liabilities$24
Net Assets$737,101
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2024: $1,265,167Expenses 2024: $1,278,263Net Income 2024: -$13,0962024

Highlighted filing

2024

Revenue$1,265,167
Expenses$1,278,263
Net Income-$13,096
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$737,125
Liabilities
$24
Net assets
$737,101
Revenue
$1,265,167
Expenses
$1,278,263
Net income
-$13,096
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$1.27$1.28$0.01
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Mar 13, 2025
Return Version
2023v6.0
Gross Receipts
$1,265,167
Mission and Program Overview

Mission

NCHEA Corporation is a non-profit professional association. It shall be non-union in its organization and activities. The primary focus of the association will be to promote education for healthcare engineers on a variety of subjects as they relate to the healthcare engineering field. Frequent meetings, conferences, and seminars will be held to facilitate the delivery of this education.

North Carolina Healthcare Engineers Associaton seeks to promote education for healthcare engineers on a variety of subjects as they relate to the healthcare engineering field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$775,395$737,125▼ $38,270
Rtn Earn Endowment Incm Other Fnds$775,371$737,101▼ $38,270
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities$0--
Investments Program Related$0--
Land, Buildings, and Equipment, Net-$0-
Loans From Officers Directors-$0-
Total Assets$775,395$737,125▼ $38,270
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$24$24→ $0
Other Liabilities$0$0→ $0
Total Liabilities$24$24→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$775,371$737,101▼ $38,270
Total Liabilities and Net Assets / Fund Balance$775,395$737,125▼ $38,270
Compensation and Service Providers
Top Officer Pay52nd percentile

Board Members and Trustees

NameTitle
Jeff ForsythImmediate Past President
Jerry ThompsonPresident
Philip A JohnsonPresident Elect
Ashley HeadBoard Member
Bryan CornettBoard Member
Cara GreeningBoard Member
Cecil WatsonBoard Member
Christine FarrissBoard Member
Clarence JonesBoard Member
Debbie GilbertBoard Member
Derrick CobbBoard Member
Eddie SmyerBoard Member
Erin DeBerardinisBoard Member
Jeffrey FullerBoard Member
Jerry ShepardBoard Member
Lee RobesonBoard Member
Michael D RobertsBoard Member
Michael RichBoard Member
Mike CookeBoard Member
Naomi RealeBoard Member
Robert MeltonBoard Member
Scott MartinBoard Member
Shawn ParkerBoard Member
Thomas ReochBoard Member
Todd TainterBoard Member
Tye FrostBoard Member
William BraddyBoard Member
Wilma JoynerBoard Member
Matt OlsonSecretary
Keith EinsmannTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$104,527
Program Service Revenue
$1,131,570
Investment Income
$0
Other Revenue
$29,070
Change in Net Assets
$-13,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,260,763
Grants and Similar Amounts Paid$17,500
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses---$118,280
Fees for Services Other---$113,756
Fees for Services Accounting---$73,600
Grants to Domestic Orgs---$17,500
Travel---$15,372
Conferences and Meetings---$8,039
Insurance---$3,735
Other Expenses---$1,363
Advertising---$111
Total Functional Expenses$0$0$0$1,278,263
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Moore Free & Charitable ClinicSouthern Pines, NC501(c)(3)Operational Support$17,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$29,070
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cradle Fundraiser$29,070$29,070-$29,070
Event 2-$0-$0
Total Events$29,070$29,070--
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 12A

“While the organization did not have these policies in place by the end of the tax year, the governing body is working to draft and adopt conflict of interest, whistleblower, and document retention and destruction policies going forward.”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The form 990 is reviewed by the President and Treasurer prior to filing.”

Form 990, Part VI, Line 19 Required documents available to the public

“The governing documents and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
North Carolina Healthcare Engineers Association Inc
EIN
56-1397736
Phone
8282741531
Address
2608 Erwin Drive 148, Durham, NC 27204

Signing Officer

Name
Keith Einsmann
Title
Treasurer
Phone
8282741531
Signed
2025-03-13
Discuss with paid preparer
Yes

Organization Details

Formed
1952
Legal Domicile
Nc
Voting Board Members
30
Independent Board Members
30
Employees
0
Volunteers
30

Preparer

Firm
Forvis Mazars LLP
Address
500 Ridgefield Court, Asheville, NC 28806
Preparer
Amy Bibby
Phone
8282542254
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