Hebrew Health Care Foundation Inc
- Assets
- $4.4m
- Revenue
- $581.1k
- Investments
- $0.0
- Employees
- 0
- Location
- West Hartford, CT
- Founding
- 08/1991
- Data as of
- 09/2021
- EIN
- 06-1310204
Organization Overview
Hebrew Health Care Foundation Inc is located in West Hartford, CT. The organization was established in 1991. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Hebrew Health Care 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 09/2021, Hebrew Health Care Foundation Inc generated $581.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 29.2% each year . All expenses for the organization totaled $156.1k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
MANAGING ENDOWMENT FUNDS FOR HEBREW HEALTH CARE AND AFFILIATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION INVESTS AND MAINTAINS PERMANENT ENDOWMENT FUNDS ON BEHALF OF HEBREW HEALTH CARE, INC. AND ITS AFFILIATES, AND ANNUALLY PROVIDES DESIGNATED SUMS TO THE OPERATIONAL INCOME OF SAID FACILITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary S Greenberg Chairman | OfficerTrustee | 1 | $0 |
Denise Peterson President & CEO | Officer | 1 | $0 |
Madelene Francese VP Of Development | Officer | 1 | $0 |
Liisa Livingston CFO | Officer | 1 | $0 |
Jeffrey S Hoffman Board Member | Trustee | 0.25 | $0 |
Alan Mendelson Board Member | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $548,358 |
| Noncash contributions included in lines 1a–1f | $33,750 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $548,358 |
| Total Program Service Revenue | $0 |
| Investment income | $4,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,576 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $581,111 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $137,960 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,730 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $156,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,886 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $599,641 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,547,839 |
| Total assets | $4,415,366 |
| Accounts payable and accrued expenses | $3,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $175,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $1,118,492 |
| Other liabilities | $0 |
| Total liabilities | $1,296,492 |
| Net assets without donor restrictions | $491,427 |
| Net assets with donor restrictions | $2,627,447 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,415,366 |
Grants Awarded
Over the last fiscal year, Hebrew Health Care Foundation Inc has awarded $132,578 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
West Hartford, CT PURPOSE: OPERATIONS | $112,278 |
West Hartford, CT PURPOSE: OPERATIONS | $20,300 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hebrew Health Care Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Marks Family Foundation Greenwich, CT PURPOSE: CURRENT USE FOR GENERAL CHARITABLE PURPOSES | $1,000 |
Endowment Analysis
| Beg. Balance | $470,217 |
| Admin Expense | $153,376 |
| Net Contributions | $686,852 |
| Other Expense | $5,382 |
| Ending Balance | $998,311 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montefiore Medicine Academic Health Self Insurance Trist Bronx, NY | $287,426,872 | $78,028,348 |
Circle Health Physicians Inc Lowell, MA | $24,693,078 | $78,082,073 |
Cancer Care Co-Payment Assistance Foundation Inc New York, NY | $80,171,765 | $74,806,659 |
Hss Properties Corporation New York, NY | $595,585,404 | $72,958,189 |
Royal Charter Properties - East Inc New York, NY | $212,621,601 | $60,926,484 |
Northeast Professional Registry Of Nurses Inc Beverly, MA | $69,495,666 | $57,554,389 |
Childrens Hospital Radiology Foundation Inc Boston, MA | $61,711,142 | $41,980,369 |
Marcus Avenue Medical Pc Westbury, NY | $15,403,274 | $17,010,236 |
Health & Welfare Fund Of Intern Tional Union Of Operating Engi Quincy, MA | $26,422,414 | $20,857,874 |
Rhode Island Hospital Foundation Providence, RI | $69,328,658 | $16,409,972 |
Alliance Health Of Quincy Inc Southborough, MA | $18,309,564 | $19,847,469 |
New York State Health Foundation New York, NY | $362,119,820 | $12,287,243 |