Southeast Alabama Medical Centerfoundation
- Assets
- $3.9m
- Revenue
- $671.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Dothan, AL
- Founding
- 01/2008
- Data as of
- 09/2021
- EIN
- 20-8726030
Organization Overview
Southeast Alabama Medical Centerfoundation, operating under the name The Southeast Health Foundation, is located in Dothan, AL. The organization was established in 2008. 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. Southeast Health Foundation 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 09/2021, Southeast Health Foundation generated $671.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $277.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (11.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Southeast Health Foundation has awarded 19 individual grants totaling $5,242,219. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO SUPPORT HEALTHCARE IN SOUTHEAST ALABAMA AND SURROUNDING AREAS. THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO THE HOUSTON COUNTY HEALTH CARE AUTHORITY DBA SOUTHEAST HEALTH MEDICAL CENTER (SOUTHEAST HEALTH) AND ITS AFFILIATES BY ESTABLISHING PARTNERSHIPS IN ORDER TO ENHANCE HEALTH AND WELLNESS IN SOUTHEAST ALABAMA, NORTHWEST FLORIDA AND SOUTHWEST GEORGIA. THE FOUNDATION WORKS TO STRENGTHEN RELATIONSHIPS BETWEEN SOUTHEAST HEALTH, ITS AFFILIATES AND THE COMMUNITY WHILE HELPING FUND BOTH PRESENT AND FUTURE EQUIPMENT, TECHNOLOGY, FACILITY EXPANSION AND CLINICAL PROGRAM NEEDS. THE FOUNDATION SEEKS TO SUPPORT THE FEASIBILITY, DESIGN, AND CONSTRUCTION OF PHYSICAL STRUCTURES OUTLINED IN THE LONG-RANGE FACILITY IMPROVEMENT PLAN FOR SOUTHEAST HEALTH AND ITS AFFILIATES; ASSIST IN UNDERWRITING NEW TECHNOLOGY AND LIFESAVING MEDICAL EQUIPMENT; PREVENT OR LESSEN THE IMPACT DETECTION PROGRAMS AND INTERVENTION; FACILITATE INITIATIVES THAT ENCOURAGE A HEALTHY COMMUNITY; AND IDENTIFY AND C
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT HEALTHCARE IN SOUTHEAST ALABAMA AND SURROUNDING AREAS. THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO THE HOUSTON COUNTY HEALTH CARE AUTHORITY DBA SOUTHEAST HEALTH MEDICAL CENTER AND THE ALABAMA COLLEGE OF OSTEOPATHIC MEDICINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Merideth Holland Executive Di | Officer | $144,871 | |
Amy Bunting Director | Officer | 40 | $83,742 |
Elie Razzouk MD Trustee | OfficerTrustee | 1 | $0 |
Jim Thomas Treasurer | OfficerTrustee | 1 | $0 |
Leighann Aliabadi Trustee | Trustee | 1 | $0 |
David Bailey Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $289,352 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $439,448 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $728,800 |
| Total Program Service Revenue | $0 |
| Investment income | $4,085 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$61,592 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $671,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $205,722 |
| Grants and other assistance to domestic individuals. | $24,518 |
| 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 | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $277,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,528,592 |
| Savings and temporary cash investments | $2,210,118 |
| Pledges and grants receivable | $61,010 |
| 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 | $82,343 |
| 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 | $8,281 |
| Total assets | $3,890,344 |
| 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 | $429,487 |
| Net assets with donor restrictions | $3,460,857 |
| 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 | $3,890,344 |
Grants Awarded
Over the last fiscal year, Southeast Alabama Medical Centerfoundation has awarded $205,722 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOUSTON COUNTY HEALTH CARE AUTHORITSOUTHEAST HEALTH MEDICAL CENTER PURPOSE: FINANCIAL SUPPORT | $185,868 |
Dothan, AL PURPOSE: FINANCIAL SUPPORT | $19,854 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southeast Alabama Medical Centerfoundation has recieved totaling $467.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $467 |
Endowment Analysis
| Beg. Balance | $1,133,536 |
| Earnings | -$12,463 |
| Net Contributions | $4,544 |
| Ending Balance | $1,125,617 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sheet Metal Workers National Health Fund Goodlettsville, TN | $59,855,607 | $61,652,205 |
Capstone Health Services Foundation P C Tuscaloosa, AL | $29,375,344 | $27,823,379 |
Mid-South Carp Regional Council Health & Welfare Fund Goodlettsville, TN | $42,702,855 | $23,372,218 |
St Anthonys Professional Buildings & Services Inc Tampa, FL | $66,592,493 | $24,044,105 |
Houston Healthcare System Inc Warner Robins, GA | $2,831,389 | $10,479,781 |
Trustmark Corporation And Subsidiaries Medical Benefits Plan Jackson, MS | $3,860,668 | $18,984,113 |
Montgomery Baptist Outreach Services Corporation Montgomery, AL | $20,272,262 | $12,064,663 |
West Florida Health Home Care Inc Temple Terrace, FL | $9,306,071 | $17,546,584 |
Mississippi State University Educational Building Corporation Missisippi State, MS | $345,604,158 | $16,366,122 |
Baptist Memorial Health Care Foundation Memphis, TN | $704,887,527 | $54,101,503 |
West Georgia Health Foundation Inc Marietta, GA | $8,141,093 | $4,609,093 |
Mount Sinai Medical Center Foundation Inc Miami Beach, FL | $381,873,831 | $56,255,268 |