Civic Intelligence

Associated Health Services Inc

EIN 56-1845329 • 501(c)3 • Durham, NC

Profile

Associated 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).

324 Blackwell St Washin BldgDurham, NC 27701

n/A

Siviq Scores

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

Liabilities / Assets

40th percentile

0.15x

Higher debt load relative to assets than 40% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

22nd percentile

0.11x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

75th percentile

19%

Higher net margin than 75% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

41st percentile

3.8%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

88%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Up

$38,953,984

Up $1,440,361 (+3.8%) from 2021

Liabilities

Up

$5,918,790

Up $621,158 (+12%) from 2021

Net Assets

Up

$33,035,194

Up $819,203 (+2.5%) from 2021

Revenue

Up

$53,163,809

Up $24,916,107 (+88%) from 2021

Expenses

Up

$42,862,397

Up $17,174,716 (+67%) from 2021

Net Income

Up

$10,301,412

Up $7,741,391 (+302%) from 2021

Trend Graphs

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $6,558,421Liabilities 2010: $929,754Net Assets 2010: $5,628,6672010Assets 2011: $6,405,224Liabilities 2011: $1,137,658Net Assets 2011: $5,267,5662011Assets 2012: $7,164,068Liabilities 2012: $1,261,956Net Assets 2012: $5,902,1122012Assets 2013: $6,656,962Liabilities 2013: $1,784,295Net Assets 2013: $4,872,6672013Assets 2016: $7,690,252Liabilities 2016: $1,491,019Net Assets 2016: $6,199,2332016Assets 2017: $8,966,808Liabilities 2017: $1,631,293Net Assets 2017: $7,335,5152017Assets 2018: $8,872,780Liabilities 2018: $1,656,068Net Assets 2018: $7,216,7122018Assets 2019: $9,839,599Liabilities 2019: $1,600,936Net Assets 2019: $8,238,6632019Assets 2020: $21,162,014Liabilities 2020: $6,029,929Net Assets 2020: $15,132,0852020Assets 2021: $37,513,623Liabilities 2021: $5,297,632Net Assets 2021: $32,215,9912021Assets 2022: $38,953,984Liabilities 2022: $5,918,790Net Assets 2022: $33,035,1942022

Highlighted filing

2022

Assets$38,953,984
Liabilities$5,918,790
Net Assets$33,035,194

Operations Trend

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

$60M$40M$20M$0Expenses 2010: $9,442,3812010Expenses 2011: $10,732,0402011Expenses 2012: $10,617,2402012Expenses 2013: $10,289,0032013Revenue 2016: $16,642,474Expenses 2016: $12,088,040Net Income 2016: $4,554,4342016Revenue 2017: $19,447,332Expenses 2017: $14,306,143Net Income 2017: $5,141,1892017Revenue 2018: $22,498,848Expenses 2018: $15,914,280Net Income 2018: $6,584,5682018Revenue 2019: $22,314,280Expenses 2019: $15,982,605Net Income 2019: $6,331,6752019Revenue 2020: $23,267,301Expenses 2020: $17,369,364Net Income 2020: $5,897,9372020Revenue 2021: $28,247,702Expenses 2021: $25,687,681Net Income 2021: $2,560,0212021Revenue 2022: $53,163,809Expenses 2022: $42,862,397Net Income 2022: $10,301,4122022

Highlighted filing

2022

Revenue$53,163,809
Expenses$42,862,397
Net Income$10,301,412

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Apr 19, 2023
Return Version
2021v4.2
Gross Receipts
$53,163,809
Mission and Program Overview

Mission

Associated 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).

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).

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$30,253,944$27,787,754▼ $2,466,190
Accounts Receivable$4,059,476$6,704,750▲ $2,645,274
Inventories for Sale or Use$2,249,807$3,609,152▲ $1,359,345
Prepaid Expenses and Deferred Charges$9,161$31,037▲ $21,876
Total Assets$37,513,623$38,953,984▲ $1,440,361
Other Assets Total$941,235$821,291▼ $119,944
Liabilities
Accounts Payable and Accrued Expenses$4,841,757$5,644,145▲ $802,388
Other Liabilities$455,875$274,645▼ $181,230
Total Liabilities$5,297,632$5,918,790▲ $621,158
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$32,215,991$33,035,194▲ $819,203
Total Net Assets Fund Balance$32,215,991$33,035,194▲ $819,203
Total Liabilities and Net Assets / Fund Balance$37,513,623$38,953,984▲ $1,440,361

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$10,096,673$11,657,405$21,754,078
Buildings$16,612,915$4,797,799$21,410,714
Land$1,063,000-$1,063,000
Other Land Buildings$15,166$375,305$390,471
Compensation and Service Providers

Employees

NameTitleOtherTotal
Cynthia K Shortell MdDirector$48,468$48,468

Board Members and Trustees

NameTitle
Kathleen B GalbraithDirector/president
Devdutta Sangvai MdDirector
Victoria K OrtoDirector
Paula T CatesDirector/secretary
Kenneth C MorrisFormer Officer
Jonathan HoyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$894,884
Program Service Revenue
$52,267,124
Investment Income
$0
Other Revenue
$1,801
Change in Net Assets
$10,301,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$42,862,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$4,291,042$155,205-$4,446,247
Fees for Services Other$1,001,271$87,025-$1,088,296
Occupancy$286,578$674,673-$961,251
Office Expenses$88,043$132,412-$220,455
Other Expenses$182,025$101,402-$182,025
Information Technology$170,529$-1,115-$169,414
All Other Expenses$24,942$25,181-$50,123
Conferences and Meetings$4,576$17,162-$21,738
Travel$15$1,700-$1,715
Insurance-$936-$936
Total Functional Expenses$40,623,653$2,238,744$0$42,862,397
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilites$274,645
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Kathleen b. Galbraith was a key employee of duke university health system, inc. Devdutta sangvai, md, jonathan hoy, victoria k. Orto and cynthia k. Shortell, md, are employees of duke university health system, inc.

Form 990, Part VI, Section A, Line 7A

The members of the board of directors of ahs are primarily selected by duke university health system, inc. (duhs) and the county of durham, north carolina.

Form 990, Part VI, Section A, Line 7B

Duhs controls the majority of the board members. The annual budget for ahs is approved by duhs management and board.

Form 990, Part VI, Section B, Line 11B

After staff preparation and management review, the ahs form 990 is provided to the board of directors for review and comment. Board level comment and discussion are incorporated into the form as appropriate prior to filing.

Form 990, Part VI, Section B, Line 12C

Ahs is governed by the conflict of interest policy of duhs. Ahs monitors and enforces compliance related to conflict of interest via ahs's form 990 conflict of interest questionnaire. This questionnaire is completed annually.

Form 990, Part VI, Section C, Line 18

In addition to providing the organization's form 990 upon request, the organization's form 990 is available to the public on several third party websites. While the organization does not provide the form 990 directly to these third parties, the form 990 is obtained from the internal revenue service. The third parties subsequently and independently provide access to the form 990 on their platform.

Form 990, Part VI, Section C, Line 19

Ahs' governing documents (articles of incorporation and any subsequent amendments or restatements) are available to the public on the north carolina secretary of state website. Ahs is included in consolidated, independently audited financial statements of duhs which are available at https://corporate.dukehealth.org/financial-information

Filing and Contact Details

Filer

Filer Name
Associated Health Services Inc
EIN
56-1845329
Phone
9196688910
Address
324 BLACKWELL ST WASHIN BLDG, DURHAM, NC 27701

Signing Officer

Name
Jonathan Hoy
Title
Treasurer
Phone
9196688910
Signed
2023-04-19

Organization Details

Principal Officer
Kathleen B Galbraith
Formed
1984
Legal Domicile
Nc
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 3B

The organization did not have unrelated business gross income of $1,000 or more during the fiscal year ended june 30, 2022. As a result, form 990-t is not required for the fiscal year ended june 30, 2022.

FORM 990, PART XI, LINE 9:

Intercompany transfers between ahs, inc. And other entities within duhs and affiliates -9,482,209.

Form 990, Part XII, Line 3B

Federal awards received by the organization are included in the duke university fy2022 single audit. Its audit under the uniform administrative requirements, cost principles, and audit requirements for federal awards was issued by the extended due date of march 31, 2023.

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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm4VICTORIA K ORTO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm5PAULA T CATES

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