Southampton Hospital Association

Organization Overview

Southampton Hospital Association is located in Southampton, NY. The organization was established in 1942. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), 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. Southampton Hospital Association 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, Southampton Hospital Association generated $8.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (33.7%) each year. All expenses for the organization totaled $7.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (34.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE HIGHEST QUALITY OF HEALTHCARE SERVICES FOR ITS ENTIRE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROMOTE THE HEALTH OF PEOPLE IN THE COMMUNITIES ON THE SOUTH FORK OF LONG ISLAND FROM WESTHAMPTON TO MONTAUK AND SHELTER ISLAND.


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Board, Officers & Key Employees

Name (title)Compensation
Patricia Stewart
Secretary
$0
Richard J Hiegel ESQ
Co-Chair (thru 10/21)
$0
Lawrence A Willis
Treasurer
$0
Robert S Chaloner
President & CEO
$0
Kenneth B Wright
Chairman
$0
Christopher J Schultheis
Chief Financial Officer
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Stantec Consulting Services Inc
Consulting
$172,723
Perkins Eastman Architects Pc
Architect Services
$290,391
Rafael Vinoly Architects Hksjv
Architect Services
$1,071,485
View All Vendors

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$5,381,386
Investment income $228,294
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,579,270
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,188,950

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Southampton Hospital Association has recieved totaling $331,774.

Awarding OrganizationAmount
The Ellen P Hermanson Foundation

East Hampton, NY

PURPOSE: CANCER CARE

$318,000
Frank Family Charitable Foundation Inc

Miami, FL

PURPOSE: GENERAL OPERATIONS

$10,000
Herbert B Boehl Charitable Tr

Chicago, IL

PURPOSE: GENERAL

$3,769
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$12,889,360
Earnings$2,990,112
Ending Balance$15,879,472

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