Clifton Springs Hospital & Clinic Foundation Inc
- Assets
- $11.2m
- Revenue
- $608.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Clifton Springs, NY
- Founding
- 03/2000
- Data as of
- 12/2022
- EIN
- 16-1560033
Organization Overview
Clifton Springs Hospital & Clinic Foundation Inc is located in Clifton Springs, NY. The organization was established in 2000. 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. Clifton Springs Hospital & Clinic 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 12/2022, Clifton Springs Hospital & Clinic Foundation Inc generated $608.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CLIFTON SPRINGS HOSPITAL & CLINIC FOUNDATION, INC. WAS FORMED TO SOLICIT, RECEIVE, MAINTAIN AND DISTRIBUTE FUNDS AND PROPERTY IN CONNECTION WITH AND FOR THE BENEFIT OF THE CHARITABLE PURPOSES OF CLIFTON SPRINGS SANITARIUM CO. D/B/A CLIFTON SPRINGS HOSPITAL AND CLINIC AND OTHER ORGANIZATIONS WITH SIMILAR PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLIFTON SPRINGS HOSPITAL & CLINIC FOUNDATION, INC. WAS FORMED TO SOLICIT, RECEIVE, MAINTAIN AND DISTRIBUTE FUNDS AND PROPERTY IN CONNECTION WITH AND FOR THE BENEFIT OF THE CHARITABLE PURPOSES OF CLIFTON SPRINGS SANITARIUM CO. D/B/A CLIFTON SPRINGS HOSPITAL AND CLINIC AND OTHER ORGANIZATIONS WITH SIMILAR PURPOSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Woodhouse Chair Of The Board | OfficerTrustee | 1 | $0 |
Lewis Zulick MD Treasurer | OfficerTrustee | 1 | $0 |
Richard Davis PHD CEO | OfficerTrustee | 0 | $0 |
Azfar Ahmed MD Director | Trustee | 1 | $0 |
Kevin Christiano Director | Trustee | 1 | $0 |
Slave Jankuloski Director | Trustee | 1 | $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 | $308,056 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $308,056 |
| Total Program Service Revenue | $0 |
| Investment income | $93,040 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $82,500 |
| Net Gain/Loss on Asset Sales | $128,684 |
| Net Income from Fundraising Events | -$3,694 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $608,586 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,339,153 |
| 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 | $163,668 |
| Pension plan accruals and contributions | $13,152 |
| Other employee benefits | $8,533 |
| Payroll taxes | $11,435 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $8,934 |
| Advertising and promotion | $3,296 |
| Office expenses | $2,126 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,256 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,469 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $82,500 |
| Total functional expenses | $2,685,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,790,515 |
| 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 | $6,959,162 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,460,000 |
| Total assets | $11,209,677 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,190,632 |
| Total liabilities | $1,190,632 |
| Net assets without donor restrictions | $3,261,192 |
| Net assets with donor restrictions | $6,757,853 |
| 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 | $11,209,677 |