Foundation For Noyes Memorial Health System Inc
- Assets
- $17.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Dansville, NY
- Founding
- 05/2000
- Data as of
- 06/2021
- EIN
- 16-1584778
Organization Overview
Foundation For Noyes Memorial Health System Inc is located in Dansville, NY. The organization was established in 2000. 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. Foundation For Noyes Memorial Health System 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 06/2021, Foundation For Noyes Memorial Health System Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 51.9% each year .
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDS TO OR FOR THE BENEFIT OF LIVINGSTON HEALTH CARE SYSTEM, INC.; NICHOLAS H. NOYES MEMORIAL HOSPITAL; AND RED JACKET CENTER, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FUNDS TO OR FOR THE BENEFIT OF LIVINGSTON HEALTH CARE SYSTEM, INC.; NICHOLAS H. NOYES MEMORIAL HOSPITAL; AND RED JACKET CENTER, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Bacon Treasurer | OfficerTrustee | 1 | $0 |
Amy Pollard President/chief Executive Officer | OfficerTrustee | 1 | $0 |
John Quinlan Secretary | OfficerTrustee | 1 | $0 |
Thomas Wamp Chairperson | OfficerTrustee | 1 | $0 |
J Chad Teeters MD President/chief Executive Officer | OfficerTrustee | 1 | $0 |
Mark Prunoske Chief Financial Officer | Officer | 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 | $920,161 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $920,161 |
| Total Program Service Revenue | $0 |
| Investment income | $211,288 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,364,396 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,495,845 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $69,859 |
| Fees for services: Other | $20,004 |
| Advertising and promotion | $12,534 |
| Office expenses | $854 |
| 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 | $2,129 |
| Total functional expenses | $105,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,083 |
| 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 | $12,801,581 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,940,030 |
| Total assets | $17,742,694 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $16,513,017 |
| Net assets with donor restrictions | $1,229,677 |
| 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 | $17,742,694 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Noyes Memorial Health System Inc has recieved totaling $69.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $69 |
Endowment Analysis
| Beg. Balance | $1,052,025 |
| Earnings | $141,148 |
| Admin Expense | $7,948 |
| Other Expense | $156,896 |
| Ending Balance | $1,028,329 |
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 |
Childrens Orthopaedic Surgery Foundation Inc Boston, MA | $150,881,893 | $69,430,775 |
Good Shepherd Rehabilitation Network Allentown, PA | $439,427,307 | $71,655,842 |
Boston Childrens Heart Foundation Boston, MA | $101,329,197 | $54,530,838 |
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 |
Chmc Surgical Foundation Inc Boston, MA | $73,400,034 | $31,940,359 |
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 |