Universal Health Care Foundation Of Connecticut Inc
- Assets
- $23.6m
- Revenue
- $920.6k
- Investments
- $0.0
- Employees
- 8
- Location
- Middletown, CT
- Founding
- 12/2000
- Data as of
- 12/2023
- EIN
- 06-1590060
Organization Overview
Universal Health Care Foundation Of Connecticut Inc is located in Middletown, CT. The organization was established in 2000. According to its NTEE Classification (E32) the organization is classified as: Community Clinics, under the broad grouping of Health Care and related organizations. As of 12/2023, Universal Health Care Foundation Of Connecticut Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Universal Health Care Foundation Of Connecticut 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 12/2023, Universal Health Care Foundation Of Connecticut Inc generated $920.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Universal Health Care Foundation Of Connecticut Inc has awarded 52 individual grants totaling $1,452,100. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE UNIVERSAL HEALTH CARE FOUNDATION'S MISSION IS TO BE A CATALYST THAT ENGAGES PEOPLE AND COMMUNITIES IN SHAPING A DEMOCRATIC HEALTH SYSTEM THAT PROVIDES UNIVERSAL ACCESS TO QUALITY HEALTH CARE AND PROMOTES HEALTH IN CONNECTICUT. THE FOUNDATION BELIEVES THAT HEALTH CARE IS A FUNDAMENTAL RIGHT AND THAT THEIR WORK IS PART OF A BROADER MOVEMENT FOR SOCIAL AND ECONOMIC JUSTICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM- RESEARCH, EDUCATION AND GRANT MAKING TO SUPPORT THE ACHIEVEMENT OF UNIVERSAL ACCESS TO QUALITY, AFFORDABLE HEALTH CARE
ADVOCACY- COMMUNITY ORGANIZING, COALITION BUILDING, AND GRANT MAKING TO INCREASE COMMUNITY ENGAGEMENT IN THE ACHIEVEMENT OF UNIVERSAL ACCESS TO QUALITY, AFFORDABLE HEALTH CARE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caprice Taylor Mendez President | OfficerTrustee | 50 | $117,644 |
Lynne Ide Dir Of Prog & Poli | 50 | $112,045 | |
Francis Padilla Past President | OfficerTrustee | 20 | $52,918 |
Laura Mccargar Chairman | OfficerTrustee | 5 | $0 |
Evelyn Mantilla Secretary | OfficerTrustee | 5 | $0 |
Candida Flores Board Member | Trustee | 2 | $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 | $21,261 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,261 |
| Total Program Service Revenue | $0 |
| Investment income | $19,504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $879,865 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $920,630 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $313,800 |
| 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. | $209,702 |
| Compensation of current officers, directors, key employees. | $12,582 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $303,791 |
| Pension plan accruals and contributions | $23,742 |
| Other employee benefits | $52,100 |
| Payroll taxes | $37,737 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,500 |
| Fees for services: Lobbying | $9,500 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $352,658 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $28,426 |
| Information technology | $53,126 |
| Royalties | $0 |
| Occupancy | $36,472 |
| Travel | $17,838 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,383 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,745 |
| Insurance | $3,170 |
| All other expenses | $0 |
| Total functional expenses | $1,731,903 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $193,919 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $263,050 |
| 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 | $45,219 |
| Net Land, buildings, and equipment | $49,198 |
| Investments—publicly traded securities | $23,039,118 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100 |
| Total assets | $23,590,604 |
| Accounts payable and accrued expenses | $130,420 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $130,420 |
| Net assets without donor restrictions | $23,460,184 |
| Net assets with donor restrictions | $0 |
| 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 | $23,590,604 |
Grants Awarded
Over the last fiscal year, Universal Health Care Foundation Of Connecticut Inc has awarded $271,700 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
A BETTER WAY FOUNDATION INC PURPOSE: General Operations | $114,300 |
BRIDGEPORT GENERATION NOW PURPOSE: General Operations | $20,000 |
CHRISTIAN COMMUNITY ACTION PURPOSE: General Operations | $20,000 |
CROSS STREET TRAINING & ACADE PURPOSE: General Operations | $20,000 |
CT COUNCIL FOR PHILANTHROPY PURPOSE: General Operations | $15,000 |
DWIGHT HALL AT YALE PURPOSE: General Operations | $25,000 |