Hunterdon Healthcare Foundation Inc
- Assets
- $18.7m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Flemington, NJ
- Founding
- 06/1986
- Data as of
- 12/2021
- EIN
- 22-2526895
Organization Overview
Hunterdon Healthcare Foundation Inc is located in Flemington, NJ. The organization was established in 1986. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Hunterdon Healthcare 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 12/2021, Hunterdon Healthcare Foundation Inc generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $4.3m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEEKS GIFTS AND GRANTS FROM INDIVIDUALS, CORP'S, FDN.'S AND OTHER SOURCES TO ASSIST HUNTERDON MEDICAL CTR, HUNTERDON REG. COMM HEALTH & HUNTERDON HEALTHCARE SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES INCURRED IN SEEKING GIFTS AND GRANTS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND OTHER SOURCES TO ASSIST HUNTERDON MEDICAL CENTER AND ITS AFFILIATED NON-PROFIT ORGANIZATIONS, SUCH AS HUNTERDON REGIONAL COMMUNITY HEALTH AND HUNTERDON HOSPICE, IN FULFILLING THEIR MISSION TO MEET THE COMMUNITY'S NEED FOR HIGH QUALITY HEALTHCARE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Candice A Teuber Pharmd Chair - Trustee | OfficerTrustee | 1 | $0 |
Loren Spann Secretary - Trustee | OfficerTrustee | 1 | $0 |
Greg Mischke Treasurer - Trustee | OfficerTrustee | 1 | $0 |
Patrick J Gavin MPH MBA Trustee - Hhs President/ceo | OfficerTrustee | 50 | $0 |
Suzanne Schwanda Vice Chair - Trustee | OfficerTrustee | 1 | $0 |
Philippe M Beekman Senior VP | Officer | 50 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $181,867 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,363,979 |
| Noncash contributions included in lines 1a–1f | $21,630 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,545,846 |
| Total Program Service Revenue | $0 |
| Investment income | $132,524 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $668,994 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $306 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,347,670 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,410,981 |
| Grants and other assistance to domestic individuals. | $33,250 |
| 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 | $56,900 |
| Office expenses | $167,474 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $71,087 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,013 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,167 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,272,707 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $350,777 |
| Pledges and grants receivable | $2,558,343 |
| 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 | $14,272 |
| Net Land, buildings, and equipment | $26,050 |
| Investments—publicly traded securities | $11,450,732 |
| Investments—other securities | $0 |
| Investments—program-related | $4,339,791 |
| Intangible assets | $0 |
| Other assets | $250 |
| Total assets | $18,740,215 |
| Accounts payable and accrued expenses | $178,097 |
| 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 | $397,855 |
| Total liabilities | $575,952 |
| Net assets without donor restrictions | $2,921,263 |
| Net assets with donor restrictions | $15,243,000 |
| 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 | $18,740,215 |
Grants Awarded
Over the last fiscal year, Hunterdon Healthcare Foundation Inc has awarded $1,130,341 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Flemington, NJ PURPOSE: GENERAL SUPPORT | $1,124,341 |
Pittstown, NJ PURPOSE: GENERAL SUPPORT | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hunterdon Healthcare Foundation Inc has recieved totaling $16,225.
| Awarding Organization | Amount |
|---|---|
Provident Bank Foundation Inc Iselin, NJ PURPOSE: HUNTERDON HEALTH TRANSPORTATION ACCESS | $15,000 |
C Edward And Gloria Herder Foundation Inc Three Bridges, NJ PURPOSE: GENERAL OPERATING | $1,225 |
Endowment Analysis
| Beg. Balance | $2,243,974 |
| Earnings | $271,311 |
| Other Expense | $1,948 |
| Ending Balance | $2,513,337 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Long Island Select Healthcare Inc Central Islip, NY | $8,265,975 | $21,062,448 |
Lvhn Scranton Orthopedic Specialists Allentown, PA | $3,870,668 | $16,734,711 |
Guthrie Towanda Memorial Hospital Towanda, PA | $0 | $13,772,403 |
Lehigh Valley Hospital - Coordinated Health Bethlehem Allentown, PA | $0 | $23,779,920 |
Margaretville Memorial Hospital Margaretville, NY | $7,505,744 | $15,666,335 |
Shore Rehabilitation Institute Inc Brick, NJ | $9,020,027 | $18,706,830 |
Geisinger Jersey Shore Hospital Danville, PA | $29,794,644 | $19,405,127 |
Upmc Pittsburgh, PA | $6,204,114 | $10,718,414 |
Community Medical And Dental Care Monsey, NY | $10,163,630 | $17,584,178 |
Rochester Regional Health Foundation Rochester, NY | $93,100,640 | $25,028,358 |
Lourdes Cardiology Services Pc Marlton, NJ | $93,350 | $14,562,644 |
Broad Top Area Medical Center Inc Broad Top, PA | $5,548,744 | $12,291,788 |