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HEALTH ALLIANCE OF GREATER CINCINNATI



3200 BURNET AVENUE
CINCINNATI, OH 45229

GENERAL INFORMATION

Who We Are

HEALTH CARE SERVICES

  • This organization is a 501(c)(3) Public Charity .
  • This organization is required to file an IRS Form 990 or 990-EZ.
  • Financial information in this report is derived from the organization's June 30, 2008 Form 990.
  • Contributions are deductible, as provided by law.

NTEE Code

  • E21—Community Health Systems
EIN: 31-1435820
Year Founded: Information not available
Ruling Year: 1996
Fiscal Year: June 30, 2008
Assets: $1,046,226,574 (from Jun 30, 2008 Form 990)
No. of Board Members: Information not available
No. of Full-Time Employees: Information not available
No. of Part-Time Employees: Information not available
No. of Volunteers: Information not available

BOARD OF DIRECTORS

Name

Title

KENNETH HANOVER PRESIDENT & CEO
DORMAN FAWLEY COO
ROBERT GRIFFITH SR VICE PRESIDENT
AURORA LAMBERT SR VICE PRESIDENT
THOMAS ZIESMANN SR VICE PRESIDENT
JEROME KELLER CFO
NANCY KREMER SR VICE PRESIDENT
LYNN OSWALD SR VICE PRESIDENT
KAREN BANKSTON SR VICE PRESIDENT
DENNIS ROBB SR VICE PRESIDENT
CAROL KING SR VICE PRESIDENT
SUSAN CROUSHORE SR VICE PRESIDENT
LEE ANN LISKA SR VICE PRESIDENT
RAYMOND GRADY TRUSTEE
GLORIA HAFFER CHAIRPERSON
FRANK MCWILLIAMS MD TRUSTEE
ROBERT KANTER TRUSTEE
MARK COLLAR TRUSTEE
GEORGE STRIKE TRUSTEE
ELLIOT FEGELMAN MD TRUSTEE
SARA STRAIGHT WOLF TRUSTEE
C FRANCIS BARRETT TRUSTEE
JAMES SCOTT JR MD VICE CHAIRPERSON

MISSION AND PROGRAMS

Mission

HEALTH CARE SERVICES

Programs

  1. THE HEALTH ALLIANCE OF GREATER CINCINNATI PROVIDES SERVICES AND SUPPORT TO A HEALTH SYSTEM SERVING GREATER CINCINNATI AND NORTHERN KENTUCKY THE HEALTH ALLIANCE PROVIDES GOVERNANCE, MANAGEMENT OVERSIGHT, AND STRATEGIC LEADERSHIP, TO ENABLE THE MEMBERS OF THE HEALTH ALLIANCE TO FOCUS RESOURCES ON ACHIEVING THEIR CHARITABLE MISSIONS THE MEMBERS OF THE HEALTH ALLIANCE ARE ALLIANCE PRIMARY CARE, FORT HAMILTON HOSPITAL, JEWISH HOSPITAL OF CINCINNATI, AND UNIVERSITY HOSPITAL

FINANCIAL DATA

Revenues and Expenses: Fiscal Year Ending June 30, 2008

REVENUE  
Contributions $0
Government Grants $0
Program Services $123,622,602
Investments $72,003,383
Special Events $0
Sales $0
Other $9,423,313
Total Revenue $205,049,298
EXPENSES  
Program Services $112,041,955
Administration $33,129,984
Other $0
Total Expenses $145,171,939
Net Gain/Loss $59,877,359

Balance Sheet: Fiscal Year Ending June 30, 2008

Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

ASSETS July 1, 2007 June 30, 2008 Change
Cash & Equivalent $24,072,139 $33,164,823 $9,092,684
Accounts Receivable $12,741,936 $16,028,681 $3,286,745
Pledges & Grants Receivable $0 $0 $0
Receivable / Other $10,158,271 $28,188,725 $18,030,454
Inventories for Sale of Use $14,449,394 $7,552,478 ($6,896,916)
Investment/Securities $890,581,562 $518,253,757 ($372,327,805)
Investment/Other $107,568,728 $374,081,727 $266,512,999
Fixed Assets $61,408,757 $55,858,633 ($5,550,124)
Other $17,452,113 $13,097,750 ($4,354,363)
Total Assets $1,138,432,900 $1,046,226,574 ($92,206,326)
LIABILITIES July 1, 2007 June 30, 2008 Change
Accounts Payable $241,518,873 $240,865,225 ($653,648)
Grants Payable $0 $0 $0
Deferred Revenue $93,186 $0 ($93,186)
Loans and Notes $24,600,000 $0 ($24,600,000)
Tax-Exempt Bond Liabilities $130,893,746 $58,394,557 ($72,499,189)
Other $737,289,288 $715,540,057 ($21,749,231)
Total Liabilities $1,134,395,093 $1,014,799,839 ($119,595,254)
FUND BALANCE $4,037,807 $31,426,735 $27,388,928


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