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Centennial Area Health Education Center

Greeley, CO   |  https://www.cahec.org
GuideStar Charity Check

Centennial Area Health Education Center

EIN: 84-0772637


Mission

CAHEC's mission is to positively impact health outcomes in Northeast Colorado by connecting existing and future health professionals and communities with resources and education.

Ruling year info

1979

Principal Officer

Melissa Jensen

Main address

2105 Clubhouse Dr

Greeley, CO 80634 USA

Show more contact info

EIN

84-0772637

Subject area info

STEM education

Graduate and professional education

Health care quality

Health care access

Health care management

Population served info

Preteens

Adolescents

Adults

Academics

Emergency responders

NTEE code info

Management & Technical Assistance (E02)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Nurse Educators Conference in the Rockies

An annual professional development conference for nurse educators from community colleges, universities and clinical settings to learn best practices for teaching nursing from colleagues.

Population(s) Served

Where we work

Financials

Centennial Area Health Education Center
Fiscal year: Jul 01 - Jun 30
Financial documents
2022 Centennial AHEC 2022 Audited Financials 2021
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

26.47

Average of 9.97 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

8.7

Average of 13.4 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

21%

Average of 18% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Centennial Area Health Education Center

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Centennial Area Health Education Center

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

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 survive long, but the types of assets and liabilities must also 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.

Fiscal year ending: cloud_download Download Data

Centennial Area Health Education Center

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Centennial Area Health Education Center’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $296,841 $103,446 $88,334 $160,506 $66,281
As % of expenses 45.7% 15.4% 14.8% 24.4% 8.9%
Unrestricted surplus (deficit) after depreciation $293,823 $100,428 $85,316 $158,142 $66,281
As % of expenses 45.1% 14.9% 14.2% 24.0% 8.9%
Revenue composition info
Total revenue (unrestricted & restricted) $895,728 $778,343 $636,958 $967,014 $799,306
Total revenue, % change over prior year 13.5% -13.1% -18.2% 51.8% -17.3%
Program services revenue 15.8% 25.3% 3.3% 3.7% 24.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 2.8% 2.9% 1.6% 3.8% 6.3%
Government grants 81.0% 71.7% 94.6% 72.2% 45.4%
All other grants and contributions 0.2% 0.1% 0.5% 0.2% 24.3%
Other revenue 0.3% 0.0% 0.0% 20.2% 0.0%
Expense composition info
Total expenses before depreciation $648,887 $673,161 $596,933 $657,146 $747,531
Total expenses, % change over prior year 14.4% 3.7% -11.3% 10.1% 13.8%
Personnel 54.6% 48.8% 50.6% 41.5% 42.8%
Professional fees 0.0% 5.2% 12.6% 10.1% 7.7%
Occupancy 1.5% 3.3% 3.5% 0.5% 0.5%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 44.0% 42.7% 33.3% 48.0% 48.9%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $651,905 $676,179 $599,951 $659,510 $747,531
One month of savings $54,074 $56,097 $49,744 $54,762 $62,294
Debt principal payment $0 $0 $13,555 $52,710 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $705,979 $732,276 $663,250 $766,982 $809,825

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 16.0 18.9 20.4 12.1 8.7
Months of cash and investments 22.2 25.2 28.5 29.6 27.3
Months of estimated liquid unrestricted net assets 23.1 24.1 28.9 30.2 27.6
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $865,767 $1,062,907 $1,014,374 $664,351 $544,350
Investments $336,798 $348,038 $404,705 $955,969 $1,157,606
Receivables $238,843 $33,259 $122,397 $79,019 $64,013
Gross land, buildings, equipment (LBE) $123,011 $123,011 $123,011 $0 $0
Accumulated depreciation (as a % of LBE) 47.9% 50.3% 52.8% 0.0% 0.0%
Liabilities (as a % of assets) 13.4% 6.6% 7.1% 4.2% 3.6%
Unrestricted net assets $1,311,302 $1,411,730 $1,497,046 $1,655,188 $1,721,469
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $0 $0 $0 $0
Total net assets $1,311,302 $1,411,730 $1,497,046 $1,655,188 $1,721,469

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Melissa Jensen

Number of employees

Source: IRS Form 990

Centennial Area Health Education Center

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Centennial Area Health Education Center

Board of directors
as of 02/22/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board co-chair

Mr. David Cessna

University High School


Board co-chair

Mr. Brian Lewton

Northeastern Junior College

Bruce Cooper

Retired Physician

Lola Fehr

CO Center for Nursing Excellence

Mark Johnson

Front Range Community College

Pam Howes

Banner Health

Sadie Fritzler

High Plains Research Network

Michael Hassell

Melissa Memorial Hospital

Kaylynn Garza

Aims Community College

Samantha Mahaffey

Northeastern Junior College

Organizational demographics

SOURCE: Self-reported; last updated 8/31/2022

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser