Frederick Ferris Thompson Hospital Guild
- Assets
- $370.1k
- Revenue
- $135.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Canandaigua, NY
- Founding
- 08/1953
- Data as of
- 12/2023
- EIN
- 16-6053299
Organization Overview
Frederick Ferris Thompson Hospital Guild is located in Canandaigua, NY. The organization was established in 1953. 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. Frederick Ferris Thompson Hospital Guild 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, Frederick Ferris Thompson Hospital Guild generated $135.3k 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 (3.6%) each year. All expenses for the organization totaled $121.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST AND SUPPORT THE FF THOMPSON HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A GIFT SHOP BY VOLUNTEERS WHICH GENERATES REVENUE TO SUPPORT CONTRIBUTIONS, BASED ON NEED, TO THE VARIOUS NOT-FOR-PROFIT ORGANIZATIONS WITHIN THE FF THOMPSON HEALTH SYSTEM. THE SHOP ALSO PROVIDED FOR THE NEEDS OF 1,113 ASSOCIATES OF THE SYSTEM THROUGH VARIOUS ITEMS SOLD RANGING FROM STAMPS, CARDS, SNACKS TO TOYS AND GIFTS.
PROVIDE EDUCATION SCHOLARSHIPS TO STUDENTS IN THE THOMPSON HEALTH SERVICE AREA WHO ARE PURSUING A CAREER IN THE HEALTH AND HUMAN SERVICES FIELDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Urbaitis Member At Large | Trustee | 0.5 | $0 |
Diane Sickmond Member At Large | Trustee | 0.5 | $0 |
Gail Herman Secretary | OfficerTrustee | 2.5 | $0 |
Katie Outhouse Vice President | Trustee | 0.5 | $0 |
Jean Seager Member At Large | Trustee | 0.5 | $0 |
Judy Reader President | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,175 |
| 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 | $2,175 |
| Total Program Service Revenue | $0 |
| Investment income | $559 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,846 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $85,107 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $135,277 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,216 |
| 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 | $54,272 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| 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 | $5,377 |
| 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 | $121,499 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $200 |
| Savings and temporary cash investments | $360,803 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,061 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $370,064 |
| Accounts payable and accrued expenses | -$1,633 |
| 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 | -$1,633 |
| Net assets without donor restrictions | $371,697 |
| 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 | $370,064 |
Grants Awarded
Over the last fiscal year, Frederick Ferris Thompson Hospital Guild has awarded $74,790 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FF THOMPSON FOUNDATION INC PURPOSE: ASSISTANCE FOR THE WOMEN'S CENTER AND OTHER AREAS OF THE FOUNDATION. | $68,000 |
FF THOMPSON HOSPITAL PURPOSE: ASSISTANCE USED TO SUPPORT THE HOSPITAL. | $6,790 |