Salem Health And Wellness Foundation Inc
- Assets
- $61.5m
- Revenue
- $5.3m
- Investments
- $23.1m
- Employees
- 0
- Location
- Penns Grove, NJ
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 01-0625542
Organization Overview
Salem Health And Wellness Foundation Inc is located in Penns Grove, NJ. The organization was established in 2002. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Health And Wellness Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Salem Health And Wellness Foundation Inc generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.6% each year . All expenses for the organization totaled $874.4k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Salem Health And Wellness Foundation Inc has awarded 31 individual grants totaling $5,161,962. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT - CONTRIBUTION TO CANDID (FORMERLY FOUNDATION CENTER AND GUIDESTAR)TO SUPPORT THEIR MISSION-RELATED WORK IN 2021 - $ 3,700
PREVENTATIVE CARE: 1. GRANT TO SALEM COUNTY OFFICE ON AGING TO BE USED TO SUPPORT MEDICAL TRANSPORTATION SERVICES FOR THE ELDERLY AND DISABLED - $ 13,350 2. GRANT TO STAND UP FOR SALEM TO SUPPORT A COMMUNITY 10K RUN - $ 2,500 3. GRANT TO SALEM COUNTY DEPARTMENT OF HEALTH TO SUPPORT COMMUNITY HEALTH SCREENINGS - $ 20,000 4. GRANT TO RUTGERS UNIVERSITY FOUNDATION TO SUPPORT A COMPREHENSIVE FAMILY AND COMMUNITY HEALTH SCIENCES EXTENSION PROGRAM FOR RESIDENTS OF SALEM COUNTY, NJ - $ 55,000
MATCHING GIFT PROGRAM - THE SALEM HEALTH AND WELLNESS FOUNDATION PROVIDES GENERAL OPERATING SUPPORT TO SALEM COUNTY 501(C)(3) NON-PROFIT ORGANIZATIONS OFFERING SERVICES THAT FALL WITHIN THE FOUNDATION'S CHARITABLE PURPOSES, VIA THE MATCHING GIFT PROGRAM. IN 2021, THIS PROGRAM SUPPORTED 8 SALEM COUNTY NON-PROFIT ORGANIZATIONS.
LIVE HEALTHY SALEM COUNTY INITIATIVE - TO ASSIST A COUNTY WIDE GROUP OF COMMUNITY RESIDENTS, NONPROFITS, STAKEHOLDERS, AND SERVICE PROVIDERS COMING TOGETHER TO ADDRESS THE HEALTH NEEDS OF SALEM COUNTY RESIDENTS. THE MISSION OF LIVE HEALTHY SALEM COUNTY IS TO INSPIRE RESIDENTS TO LIVE HEALTHY, PRODUCTIVE LIVES BY ENHANCING OPPORTUNITIES THAT LEAD TO A SUSTAINABLE CULTURE OF WELLNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brenda L Goins Executive Dir. | 40 | $138,607 | |
Lori Dilks Treasurer | 1 | $0 | |
Benjamin Griffith Trustee | 1 | $0 | |
Ralph Thomas Vice Chair | 1 | $0 | |
William J Allen III Trustee | 1 | $0 | |
Lisa Hartsough Chair | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sei Private Trust Company | 12/30/21 | $90,595 |
Drinker Biddle & Reath Llp | 12/30/21 | $86,262 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $536,239 |
| Interest on Savings | $752 |
| Dividends & Interest | $1,035,380 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,316,277 |
| Capital Gain Net Income | $1,316,277 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,422,892 |
| Total Revenue | $5,311,540 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $138,607 |
| Other employee salaries and wages | $69,242 |
| Pension plans, employee benefits | $37,544 |
| Interest | $0 |
| Taxes | $84,805 |
| Depreciation | $1,504 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,671 |
| Printing and publications | $687 |
| Other expenses | $45,418 |
| Total operating and administrative expenses | $634,215 |
| Contributions, gifts, grants paid | $240,182 |
| Total expenses and disbursements | $874,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $513,915 |
| Savings and temporary cash investments | $40,383 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $22,028 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $144,636 |
| Net Land, buildings, and equipment | $20,007 |
| Other assets | $37,778,056 |
| Total assets | $61,462,302 |
| Accounts payable and accrued expenses | $76,045 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $76,045 |
Grants Awarded
Over the last fiscal year, Salem Health And Wellness Foundation Inc has awarded $240,182 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
New Brunswick, NJ PURPOSE: TO FUND A POSITION TO CONDUCT A COMPREHENSIVE FAMILY AND COMMUNITY HEALTH SCIENCES EXTENSION PROGRAM FOR RESIDENTS OF SALEM COUNTY, NJ | $55,000 |
SALEM COUNTY DEPT OF HEALTH PURPOSE: SUPPORT FOR HEALTH SCREENINGS FOR ALL SALEM COUNTY RESIDENTS | $20,000 |
SALEM COMMUNITY COLLEGE FOUNDATION PURPOSE: NURSING AND ALLIED HEALTH SCHOLARSHIPS FOR SALEM COUNTY RESIDENTS | $20,000 |
RANCH HOPE INC PURPOSE: MATCHING GIFT PROGRAM TO SUPPORT THEIR ONGOING PROGRAMS | $20,000 |
HABITAT FOR HUMANITY SALEM PURPOSE: MATCHING GIFT PROGRAM TO SUPPORT THEIR ONGOING PROGRAMS | $20,000 |
MEALS ON WHEELS PURPOSE: SUPPORT TO HELP MEALS ON WHEELS KEEP SALEM COUNTY RESIDENTS OFF THEIR WAITING LIST | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Salem Health And Wellness Foundation Inc has recieved totaling $62,955.
| Awarding Organization | Amount |
|---|---|
Family Health Initiatives Inc Pennsauken, NJ PURPOSE: WORK SITE WELLNESS | $62,955 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hearthstone Senior Communities Inc Bala Cynwyd, PA | $23,952,064 | $83,448,118 |
Albert Einstein Healthcare Network Philadelphia, PA | $101,892,525 | $75,155,441 |
Northwell Health Foundation Westbury, NY | $461,901,470 | $139,689,097 |
Penn Highlands Healthcare Dubois, PA | $174,985,367 | $81,650,655 |
Good Shepherd Rehabilitation Network Allentown, PA | $439,427,307 | $71,655,842 |
Catholic Health System Of Long Island Rockville Centre, NY | $580,308,381 | $30,450,419 |
United Breast Cancer Foundation Inc Huntington, NY | $11,258,240 | $32,891,411 |
Cancer Research Fund Of The Damon Runyon-Walter Winchell Foundation New York, NY | $175,580,654 | $20,562,891 |
Doylestown Health Foundation Doylestown, PA | $88,236,207 | $10,269,180 |
Newcourtland Elder Service Philadelphia, PA | $143,669,356 | $7,770,253 |
Foundation For Morristown Medical Center Inc Morristown, NJ | $194,034,598 | $31,511,180 |
Saint Barnabas Health Care System Foundation Inc Oceanport, NJ | $95,611,955 | $91,087,287 |