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Centralized Credentials FY2022 filing

Richmond, VAUnknown exempt organization EIN 54-2004980Revenue $312K in FY2022Latest return filed May 14, 2025

On file with the IRSccvsinc.comRichmond, VA

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To provide credentialing solutions for hospitals, managed care organizations, and ambulatory care clinics by offering high quality, timely, and cost-effective services that can be tailored to meet the specific needs and requirements of our clients.

Form 990 Part I, line 1, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-2004980) · Dispute this line
Mission: Form 990 Part I, line 1

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $106K a year · 25% of revenue · last 5 filings
A surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Cash reserves
6.9 mo
of spending, in cash
6.9 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$10K
1% of total assets
Liabilities are 1% of assets.
Pt X · Ln 26
Independent board members
13
of 13 voting members
13 of 13 voting members are independent.
Pt VI · Ln 1a–1b
In line with peersDifferent from peersFar from peersNo peer rangeNo data yetTap a box for the reason.
Revenue
$312K
-61% vs prior year
Spent
$618K
Net assets
$728K
By yearFY2020–FY2024
Revenue
$312K
FY2022▼ -61%
Tap a bar for its year
Revenue by fiscal year
FY2020$964K
FY2021$791K
FY2022$312K
FY2023$18K
FY2024$20K
Expenses
$618K
FY2022▼ -25%
Tap a bar for its year
Expenses by fiscal year
FY2020$897K
FY2021$826K
FY2022$618K
FY2023$271K
FY2024$26K
Net assets
$728K
FY2022▼ -35%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.1M
FY2021$1.1M
FY2022$728K
FY2023$523K
FY2024$0

From the FY2022 Form 990 · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Lucien Roberts
Vice President
$0Pt VII · Sec A
Thomas Moffatt MD
Secretary/Treasurer
$0Pt VII · Sec A
George Greenfield PA
Immediate Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
Kevin Barger
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Centralized Credentials executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers credentialing services to healthcare providers, ensuring timely and cost-effective solutions.

Questions for Centralized Credentials

Tap to ask. Centralized Credentials sees how many people are interested.

Your first name shows with your question. Centralized Credentials answers here, for everyone.

1 program · in their own filed words · FY2022
01

To provide centralized credentialing primarily to statewide organizations

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 54-2004980) · Dispute this line
Pt IX · Ln 25 · col B

By the numbers

The FY2022 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$312K
Ln 12
Fees for servicesLn 2g$304K
Investment incomeLn 3$8K
Money outPt IX
$618K
Ln 25
Owns and owesPt X
$728K
net assets · Ln 32
Cash and savingsLn 1–2$353K
Total assetsLn 16$738K
LiabilitiesLn 26$10K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$304K
Investment incomeLn 3$8K
Total revenueLn 12$312K
Assets in detailPt X, end of year
CashLn 1$12
SavingsLn 2$353K
Cash and savings togetherLn 1–2$353K
Accounts receivableLn 4$10K
Prepaid expenses and deferred chargesLn 9$18K
Land, buildings, equipmentLn 10c$7K
InvestmentsLn 11–13$351K
Total assetsLn 16$738K
LiabilitiesLn 26$10K
Net assetsLn 32$728K
OperationsPt I, VI
EmployeesI 50
VolunteersI 613
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$616K$353K
InvestmentsLn 11–13$430K$351K
Land, buildings, equipmentLn 10c$12K$7K
Total assetsLn 16$1.3M$738K
LiabilitiesLn 26$142K$10K
Net assetsLn 32$1.1M$728K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$237K
Pension plan contributionsLn 8$4K
Other employee benefitsLn 9$44K
Payroll taxesLn 10$20K
Legal feesLn 11b$18K
Accounting feesLn 11c$2K
Investment management feesLn 11f$4K
Other fees for servicesLn 11g$2K
Office expensesLn 13$35K
Information technologyLn 14$5K
OccupancyLn 16$52K
TravelLn 17$11
Conferences, conventions and meetingsLn 19$1K
Depreciation, depletion and amortizationLn 22$6K
InsuranceLn 23$9K
Other expenses (24a–d)Ln 24$173K
All other expensesLn 24e$5K
Total functional expensesLn 25$618K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS May 14, 2025 $20K$26K−$6K$0 990 PDF
FY2023Filed with the IRS May 8, 2024 $18K$271K−$252K$523K 990 PDF
FY2022 ViewingFiled with the IRS May 11, 2023 $312K$618K−$306K$728K 990 PDF
FY2021Filed with the IRS May 10, 2022 $791K$826K−$34K$1.1M 990 PDF
FY2020Filed with the IRS Apr 14, 2021 $964K$897K$67K$1.1M 990 PDF

Schedules filed Part IV

I · Grants O · Explanations
See the full FY2022 990
Part I · Summary $311,629 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $535,646$304,122
I-10 Investment incomePrior year $7,228$7,507
I-11 Other revenuePrior year $248,493$0
I-12 Total revenuePrior year $791,367$311,629
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $458,322$305,463
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $367,261$312,404
I-18 Total expensesPrior year $825,583$617,867
I-19 Revenue less expensesPrior year −$34,216−$306,238
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $311,629 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $304,122$304,122
VIII-3 Investment incomeExcluded from tax $7,507$7,507
VIII-12 Total revenueRelated to mission $304,122 · Unrelated business $0 · Excluded from tax $7,507$311,629
Part IX · Statement of functional expenses $617,867 across 17 lines filed
IX-7 Other salaries and wages$237,496
IX-8 Pension plan contributions$4,178
IX-9 Other employee benefits$43,712
IX-10 Payroll taxes$20,077
IX-11b Legal fees$18,332
IX-11c Accounting fees$1,700
IX-11f Investment management fees$4,261
IX-11g Other fees for services$2,136
IX-13 Office expenses$35,255
IX-14 Information technology$5,257
IX-16 Occupancy$52,132
IX-17 Travel$11
IX-19 Conferences, conventions and meetings$1,438
IX-22 Depreciation, depletion and amortization$5,728
IX-23 Insurance$9,037
IX-24 Other expenses (24a–d)$172,589
IX-24e All other expenses$4,528
IX-25 Total functional expenses$617,867
Part X · Balance sheet $737,892 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $12$12
X-2 Savings and temporary cash investmentsStart of year $615,756$352,724
X-4 Accounts receivableStart of year $162,298$9,599
X-9 Prepaid expenses and deferred chargesStart of year $37,346$17,689
X-10c Land, buildings and equipment, netStart of year $12,273$6,544
X-11 Publicly traded securitiesStart of year $429,864$351,324
X-16 Total assetsStart of year $1,257,549$737,892
X-17 Accounts payable and accrued expensesStart of year $16,360$9,730
X-19 Deferred revenueStart of year $125,725$0
X-26 Total liabilitiesStart of year $142,085$9,730
X-27 Net assets without donor restrictionsStart of year $1,115,464$728,162
X-32 Total net assets or fund balancesStart of year $1,115,464$728,162
X-33 Total liabilities and net assetsStart of year $1,257,549$737,892
Part XI · Reconciliation of net assets $728,162 net assets at year end
XI-1 Total revenue$311,629
XI-2 Total expenses$617,867
XI-3 Revenue less expenses−$306,238
XI-4 Net assets at start of year$1,115,464
XI-5 Net unrealized gains (losses) on investments−$81,074
XI-9 Other changes in net assets$10
XI-10 Net assets at end of year$728,162

Form 990 e-file FY2022 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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