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Nonprofiteer
← HEALTHNET INC

Form 990 for tax year 2023

Filed by HEALTHNET INC.

Totals

Total revenue
$85,532,246
Total expenses
$89,403,493
Contributions and grants received
$25,547,623
Grants paid
$0
Program service revenue
$59,221,576
Investment income
$497,045
Other revenue
$266,002
Total assets, end of year
$45,470,418
Total liabilities, end of year
$25,035,941
Net assets or fund balances, end of year
$20,434,477
Program services expenses (Part IX)
$72,910,601
Management and general expenses
$15,862,941
Fundraising expenses
$629,951
Program service expenses (Part III)
$72,910,601

Program services were 81.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $53,649

  • 1d · Related organizations

    $8,035

  • 1e · Government grants (contributions)

    $20,720,037

  • 1f · All other contributions, gifts and grants

    $4,765,902

  • 1g · Noncash contributions included above

    $1,805,003

  • 2a · Program service revenue: NET PATIENT REVENUE

    total $47,252,901 · related or exempt $47,252,901

  • 2b · Program service revenue: 340B PHARMACY REVENUE

    total $11,105,516 · related or exempt $11,105,516

  • 2c · Program service revenue: SCHOOL BASED SERVICES

    total $783,887 · related or exempt $783,887

  • 2d · Program service revenue: RESIDENT PROVIDER CARE

    total $79,272 · related or exempt $79,272

  • 3 · Investment income

    total $429,243 · excluded $429,243

  • 6a · Gross rents

    real property $114,012

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $114,012

  • 6d · Net rental income or loss

    total $114,012 · related or exempt $114,012

  • 7a · Gross sales of assets other than inventory

    other assets $67,802

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $67,802

  • 7d · Net gain or loss

    total $67,802 · excluded $67,802

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $151,990 · excluded $151,990

  • 11e · Other revenue, total

    $151,990

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $2,338,016 · program services $1,893,793 · management and general $420,843 · fundraising $23,380

  • 7 · Other salaries and wages

    total $47,939,864 · program services $40,234,728 · management and general $7,225,737 · fundraising $479,399

  • 8 · Pension plan contributions

    total $1,654,224 · program services $1,205,308 · management and general $432,374 · fundraising $16,542

  • 9 · Other employee benefits

    total $7,593,725 · program services $5,532,973 · management and general $1,984,815 · fundraising $75,937

  • 10 · Payroll taxes

    total $3,469,283 · program services $2,655,729 · management and general $778,861 · fundraising $34,693

  • 11b · Fees: legal

    total $164,442 · program services $82,221 · management and general $82,221

  • 11c · Fees: accounting

    total $29,148 · management and general $29,148

  • 11g · Fees: other

    total $4,820,545 · program services $3,884,628 · management and general $935,917

  • 12 · Advertising and promotion

    total $782,343 · program services $630,450 · management and general $151,893

  • 13 · Office expenses

    total $924,524 · program services $758,310 · management and general $166,214

  • 14 · Information technology

    total $352,356 · program services $289,008 · management and general $63,348

  • 16 · Occupancy

    total $5,678,510 · program services $3,440,838 · management and general $2,237,672

  • 17 · Travel

    total $158,028 · program services $129,617 · management and general $28,411

  • 20 · Interest

    total $166,375 · management and general $166,375

  • 22 · Depreciation, depletion and amortization

    total $1,152,216 · program services $944,922 · management and general $207,294

  • 23 · Insurance

    total $793,147 · program services $650,453 · management and general $142,694

  • 24a · Other expenses: MEDICAL SUPPLIES

    total $7,945,990 · program services $7,945,990

  • 24b · Other expenses: HOUSING

    total $2,627,843 · program services $2,627,843

  • 24c · Other expenses: EDUCATION ASSISTANCE

    total $3,695 · program services $3,695

  • 24d · Other expenses: EMPLOYMENT ASSISTANCE

    total $95 · program services $95

  • 24e · All other expenses

    total $809,124 · management and general $809,124

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $97,503 · end of year $78,678

  • 2 · Savings and temporary cash investments

    beginning of year $4,933,319 · end of year $4,089,568

  • 3 · Pledges and grants receivable

    beginning of year $1,734,676 · end of year $2,084,353

  • 4 · Accounts receivable

    beginning of year $4,429,602 · end of year $2,559,413

  • 9 · Prepaid expenses and deferred charges

    beginning of year $931,470 · end of year $790,048

  • 10a · Land, buildings and equipment: cost or other basis

    $28,497,996

  • 10b · Land, buildings and equipment: accumulated depreciation

    $16,957,882

  • 10c · Land, buildings and equipment, net

    beginning of year $21,803,028 · end of year $11,540,114

  • 11 · Investments: publicly traded securities

    beginning of year $7,482,487 · end of year $7,813,829

  • 15 · Other assets

    beginning of year $3,805,997 · end of year $16,514,415

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,433,135 · end of year $6,260,913

  • 19 · Deferred revenue

    beginning of year $2,485,105 · end of year $3,427,295

  • 23 · Secured mortgages and notes payable

    beginning of year $10,841,953 · end of year $2,788,678

  • 25 · Other liabilities

    beginning of year $0 · end of year $12,559,055

  • 27 · Net assets without donor restrictions

    beginning of year $24,457,889 · end of year $20,434,477

Mission and programs · 2023

Mission

THE MISSION OF HEALTHNET, INC. IS TO IMPROVE LIVES WITH COMPASSIONATE HEALTH CARE AND SUPPORT SERVICES, REGARDLESS OF ABILITY TO PAY.

  • HEALTHNET, INC. PROVIDES PRIMARY MEDICAL CARE AT VARIOUS SITES IN THE CITY OF INDIANAPOLIS INCLUDING: BARRINGTON HEALTH CENTER, SOUTHEAST HEALTH CENTER, SOUTHWEST HEALTH CENTER, PEOPLE'S HEALTH CENTER, MARTINDALE-BRIGHTWOOD HEALTH CENTER, DOWNTOWN HEALTH CENTER, SPEEDWAY HEALTH CENTER, AND NORTHEAST HEALTH CENTER. IN 2023, HEALTHNET, INC. PROVIDED 145,371 PATIENT CARE MEDICAL VISITS TO 53,974 MEDICAL PATIENTS, 34,193 DENTAL VISITS TO 10,295 DENTAL PATIENTS, AND 28,132 BEHAVIORAL HEALTH VISITS TO 6,692 PATIENTS. IN 2023, HEALTHNET OB/GYNS AND CERTIFIED NURSE MIDWIVES DELIVERED 1,233 BABIES AND DELIVERED PRENATAL CARE TO 1,350 WOMEN.

    Expenses $72,910,601 · Revenue $59,335,588

  • HEALTHNET, INC. PROVIDED 9,025 HOME VISITS THROUGH ITS HEALTHY FAMILIES PROGRAMS IN 2023. THIS PROGRAM IS A VOLUNTARY HOME VISITATION PROGRAM DESIGNED TO PROMOTE HEALTHY FAMILIES AND HEALTHY CHILDREN THROUGH A VARIETY OF SERVICES INCLUDING CHILD DEVELOPMENT, ACCESS TO HEALTH CARE AND PARENT EDUCATION. THE HEALTHY FAMILIES PROGRAM HELPS STRENGTHEN FAMILIES AND PROVIDES HEALTHY GROWTH AND DEVELOPMENT FOR CHILDREN.

  • HEALTHNET, INC. PROVIDED SERVICES TO HOMELESS CLIENTS WITH CARE PROVIDED AT 8 SITES AROUND THE CITY OF INDIANAPOLIS AND 3 LOCATIONS IN BLOOMINGTON . THE HOMELESS INITIATIVE PROGRAM PROVIDES PRIMARY MEDICAL CARE, PERMANENT HOUSING SEARCH AND PLACEMENT, STREET OUTREACH SERVICES, CASE MANAGEMENT SERVICES, AND EMPLOYMENT TRAINING SERVICES. IN 2023, THE HOMELESS INITIATIVE PROGRAM PROVIDED SERVICES TO 1,659 HOMELESS CLIENTS.

  • HEALTHNET, INC. ALSO PROVIDED MEDICAL SERVICES IN 8 SCHOOLS IN INDIANAPOLIS. THE SCHOOL-BASED CLINIC PROGRAM PROVIDED 2,050 PRIMARY CARE VISITS, AS WELL AS NUMEROUS NURSE VISITS, MEDICATION MANAGEMENT SERVICES, SOCIAL SERVICES, AND OUTREACH PROGRAMS TO SCHOOL-AGED CHILDREN.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Terri Garcia

    CHAIRPERSON & PRESIDENT - PARTIAL TERM

    Total calculated
    $0
    Hours/week
    2

  • Rob Santa

    VICE CHAIRPERSON

    Total calculated
    $0
    Hours/week
    2

  • Maria Tishner

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Toby Salyers

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Wade Wingler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Nicoe Barnes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Kathy Church

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Tracey Guerrero

    BOARD MEMBER - PARTIAL TERM

    Total calculated
    $0
    Hours/week
    2

  • Justin Thang

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Eli Chavez

    BOARD MEMBER - PARTIAL TERM

    Total calculated
    $0
    Hours/week
    2

  • Wesley Ferrell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Ricardo Diaz

    COO/CEO

    Total calculated
    $415,492
    From this org
    $392,558
    From related orgs
    $0
    Other
    $22,934
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $381,089
    Bonus
    $0
    Other
    $11,469
    Deferred
    $3,262
    Nontaxable benefits
    $19,672
    Filer's total
    $415,492

  • Joseph Lackey

    CFO

    Total calculated
    $226,873
    From this org
    $208,198
    From related orgs
    $0
    Other
    $18,675
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $202,874
    Bonus
    $0
    Other
    $5,324
    Deferred
    $8,224
    Nontaxable benefits
    $10,451
    Filer's total
    $226,873

  • Richard Reifenberg

    CHIEF MEDICAL OFFICER

    Total calculated
    $292,018
    From this org
    $265,473
    From related orgs
    $0
    Other
    $26,545
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $260,023
    Bonus
    $450
    Other
    $5,000
    Deferred
    $11,039
    Nontaxable benefits
    $15,506
    Filer's total
    $292,018

  • Sheila Allen

    CHIEF COMPLIANCE & QUALITY

    Total calculated
    $206,633
    From this org
    $189,610
    From related orgs
    $0
    Other
    $17,023
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $184,176
    Bonus
    $0
    Other
    $5,434
    Deferred
    $7,738
    Nontaxable benefits
    $9,285
    Filer's total
    $206,633

  • Kay Johnson

    CHIEF DEVELOPMENT & COMMUN

    Total calculated
    $200,603
    From this org
    $189,087
    From related orgs
    $0
    Other
    $11,516
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $180,981
    Bonus
    $2,000
    Other
    $6,106
    Deferred
    $7,481
    Nontaxable benefits
    $4,035
    Filer's total
    $200,603

  • Rene Kougal

    CHIEF OPERATING OFFICER

    Total calculated
    $249,794
    From this org
    $235,608
    From related orgs
    $0
    Other
    $14,186
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $230,472
    Bonus
    $0
    Other
    $5,136
    Deferred
    $9,410
    Nontaxable benefits
    $4,776
    Filer's total
    $249,794

  • Dan Wegg

    CHIEF COMPLIANCE OFFICER

    Total calculated
    $162,147
    From this org
    $149,132
    From related orgs
    $0
    Other
    $13,015
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,661
    Bonus
    $0
    Other
    $4,471
    Deferred
    $6,065
    Nontaxable benefits
    $6,950
    Filer's total
    $162,147

  • Carrie Bonsack

    DEPUTY CHIEF OPERATING OFF

    Total calculated
    $51,561
    From this org
    $49,562
    From related orgs
    $0
    Other
    $1,999
    Hours/week
    40

  • Varon Cantrell

    CHIEF MEDICAL INFORMATION

    Total calculated
    $348,117
    From this org
    $320,740
    From related orgs
    $0
    Other
    $27,377
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $314,958
    Bonus
    $0
    Other
    $5,782
    Deferred
    $12,975
    Nontaxable benefits
    $14,402
    Filer's total
    $348,117

  • Misty Lewis

    CHIEF EXTERNAL AFFAIRS OFF

    Total calculated
    $85,280
    From this org
    $79,686
    From related orgs
    $0
    Other
    $5,594
    Hours/week
    40 + 2 related

  • Cynthia Brumbarger

    INTERIM CHIEF EXTERNAL AFFAIRS OFFICER

    Total calculated
    $99,500
    From this org
    $88,211
    From related orgs
    $0
    Other
    $11,289
    Hours/week
    40

  • Mary Trainor MD

    OB/GYN

    Total calculated
    $433,954
    From this org
    $412,287
    From related orgs
    $0
    Other
    $21,667
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $406,678
    Bonus
    $450
    Other
    $5,159
    Deferred
    $13,042
    Nontaxable benefits
    $8,625
    Filer's total
    $433,954

  • Jana Seitz MD

    OB/GYN

    Total calculated
    $384,405
    From this org
    $363,865
    From related orgs
    $0
    Other
    $20,540
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $360,590
    Bonus
    $0
    Other
    $3,275
    Deferred
    $13,085
    Nontaxable benefits
    $7,455
    Filer's total
    $384,405

  • Emily Bowsher MD

    OB/GYN

    Total calculated
    $365,179
    From this org
    $333,389
    From related orgs
    $0
    Other
    $31,790
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $330,611
    Bonus
    $550
    Other
    $2,228
    Deferred
    $13,118
    Nontaxable benefits
    $18,672
    Filer's total
    $365,179

  • Tamara Mendez Torres MD

    OB/GYN

    Total calculated
    $322,157
    From this org
    $309,792
    From related orgs
    $0
    Other
    $12,365
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $308,766
    Bonus
    $360
    Other
    $666
    Deferred
    $12,365
    Nontaxable benefits
    $0
    Filer's total
    $322,157

  • Kiersa Durfee

    OB/GYN

    Total calculated
    $328,262
    From this org
    $297,118
    From related orgs
    $0
    Other
    $31,144
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $294,571
    Bonus
    $420
    Other
    $2,127
    Deferred
    $12,656
    Nontaxable benefits
    $18,488
    Filer's total
    $328,262

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
7 November 2024
IRS schema version
2023v5.1
Source object
202413129349303446

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