Our Lady Of Lourdes Health Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marlton, NJ
- Founding
- 10/1983
- Data as of
- 02/2022
- EIN
- 22-2351960
Organization Overview
Our Lady Of Lourdes Health Foundation is located in Marlton, NJ. The organization was established in 1983. 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. Our Lady Of Lourdes 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 02/2022, Our Lady Of Lourdes Health Foundation generated $117.5k 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 (32.8%) each year. All expenses for the organization totaled $233.0k during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (26.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR LADY OF LOURDES HEALTH FOUNDATION, INC., PROVIDES SUPPORT FOR THE CHARITABLE TAX-EXEMPT PURPOSES, PROGRAMS AND SERVICES OF VIRTUA HEALTH, INCLUDING VIRTUA OUR LADY OF LOURDES HOSPITAL, INC. AND VIRTUA WILLINGBORO HOSPITAL, INC. BOTH ARE RELATED TAX-EXEMPT HOSPITALS. OUR LADY OF LOURDES HEALTH FOUNDATION, INC. ASSISTS WITH FUNDRAISING BY CONDUCTING SPECIAL EVENTS AND PHILANTHROPY. THIS FUNDRAISING HELPS TO ADVANCE THE MISSION OF VIRTUA HEALTH. OUR LADY OF LOURDES HEALTH FOUNDATION, INC., ALSO PROVIDES SCHOLARSHIPS THROUGH OUR PERMANENTLY RESTRICTED FUND'S INTEREST TO SUPPORT STUDENTS OF THE VIRTUA OUR LADY OF LOURDES SCHOOL OF NURSING FOR BOOKS, TUITION, FEES OR OTHER STUDENT EXPENSES. FOR MORE INFORMATION, PLEASE VISIT GIVETOVIRTUA.ORG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis W Pullin President/ceo | 0.04 | $0 | |
Robert M Segin Evp/cfo | 0.04 | $0 | |
Sarah Fawcett-Lee SVP - Foundation | 2 | $0 | |
Elaine Damm Chair | 0.13 | $0 | |
Thomas J Fanelle Vice Chair | 0.13 | $0 | |
Reginald F Beckett Trustee | 0.13 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,485 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $117,485 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,143 |
| Printing, publications, postage, and shipping | $1,229 |
| Other expenses | $112,202 |
| Total expenses | $233,005 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Our Lady Of Lourdes Health Foundation has awarded $314,938 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VIRTUA OUR LADY OF LOURDES HOSPITAL INC PURPOSE: TO SUPPORT THE PROGRAMS OF HOSPITAL. | $307,851 |
VIRTUA WILLINGBORO HOSPITAL INC PURPOSE: TO SUPPORT THE PROGRAMS OF HOSPITAL. | $7,087 |