Bristol Hospital Development Foundation Inc is located in Bristol, CT. The organization was established in 1985. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 09/2021, Bristol Hospital Development Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bristol Hospital Development 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 09/2021, Bristol Hospital Development Foundation Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $245.3k during the year ending 09/2021. 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
TO PROVIDE FUNDRAISING AND FINANCIAL SUPPORT FOR THE BRISTOL HOSPITAL AND HEALTH CARE GROUP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRISTOL HOSPITAL DEVELOPMENT FOUNDATION MAINTAINS FOR BRISTOL HOSPITAL AND HEALTH CARE GROUP A COMPREHENSIVE PROGRAM SEEKING PHILANTHROPIC DONATIONS FROM INDIVIDUALS, BUSINESSES/CORPORATIONS, FOUNDATIONS AND OTHER ORGANIZATIONS THROUGH FOUR PRINCIPAL ACTIVITIES:1) PROCUREMENT OF CAPITAL AND MAJOR GIFTS THROUGH PERIODIC CAMPAIGNS AND PROGRAMS TO ADDRESS SIGNIFICANT NEW CAPITAL AND PROGRAM NEEDS;2) PROCUREMENT OF ANNUAL GIFTS THROUGH DIRECT MAIL, MEMBERSHIP ENROLLMENT AND OTHER BROAD-BASED FUNDRAISING TECHNIQUES TO ADDRESS SHORT-TERM CAPITAL AND PROGRAM NEEDS;3) CONDUCT SPECIAL EVENTS TO INVOLVE COMMUNITY MEMBERS, SOLIDIFY AND ENHANCE DONOR RELATIONSHIPS AND PROMOTE THE CHARITABLE PURPOSES OF THE BRISTOL HOSPITAL DEVELOPMENT FOUNDATION;4) PROCUREMENT OF PLANNED GIFTS AND PROMOTION OF CHARITABLE ESTATE PLANNING TO BUILD ENDOWMENT FOR LONG-RANGE NEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kurt Barwis President, CEO & CFO | OfficerTrustee | 2 | $0 |
Mary Lynn Gagnon Secretary/executive Director | OfficerTrustee | 40 | $0 |
Glenn Heiser Chairman Of The Board | OfficerTrustee | 2 | $0 |
John Lodovico Jr Vice Chairman | OfficerTrustee | 2 | $0 |
Michael V Adams Chairman Of Board Of Trustees | OfficerTrustee | 2 | $0 |
Brian K Dehm Vice Chairman Of Board Of Trustees | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $71,455 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,309,936 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,381,391 |
Total Program Service Revenue | $0 |
Investment income | $269,499 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $61,190 |
Net Income from Fundraising Events | $63,115 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,780,986 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $850 |
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 | $123,984 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $25,915 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $28,863 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $15,500 |
Advertising and promotion | $9,844 |
Office expenses | $693 |
Information technology | $6,742 |
Royalties | $0 |
Occupancy | $6,476 |
Travel | $20 |
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 | $462 |
Total functional expenses | $245,277 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $462,053 |
Savings and temporary cash investments | $2,089,996 |
Pledges and grants receivable | $596,933 |
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 | $4,699 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $9,685,281 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $12,838,962 |
Accounts payable and accrued expenses | $57,982 |
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 | $1,008,515 |
Total liabilities | $1,066,497 |
Net assets without donor restrictions | $8,348,978 |
Net assets with donor restrictions | $3,423,487 |
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 | $12,838,962 |
Over the last fiscal year, we have identified 1 grants that Bristol Hospital Development Foundation Inc has recieved totaling $55,000.
Awarding Organization | Amount |
---|---|
Harry F Barnes And Carol H Barnes Ffamily Foundation Inc Bristol, CT PURPOSE: GRANT TO CHARITABLE ORGANIZATION | $55,000 |
Organization Name | Assets | Revenue |
---|---|---|
Baystate Wing Hospital Corporation Palmer, MA | $104,408,982 | $97,206,592 |
Rome Memorial Hospital Inc Rome, NY | $72,806,706 | $103,415,729 |
Guthrie Cortland Medical Center Cortland, NY | $104,605,193 | $96,207,960 |
Aurelia Osborn Fox Memorial Hospital Society Oneonta, NY | $63,274,804 | $82,131,187 |
Clifton Springs Sanitarium Co Clifton Springs, NY | $86,331,119 | $88,748,447 |
Johnson Memorial Hospital Inc Hartford, CT | $72,041,275 | $86,869,288 |
Chenango Memorial Hospital Inc Norwich, NY | $77,155,015 | $89,278,874 |
New York Genome Center Inc New York, NY | $83,547,232 | $60,783,989 |
Fairview Hospital Pittsfield, MA | $83,701,809 | $83,351,337 |
Carthage Area Hospital Inc Carthage, NY | $40,819,042 | $74,478,680 |
Baystate Noble Hospital Corporation Westfield, MA | $55,567,412 | $68,736,479 |
Nicholas H Noyes Memorial Hospital Dansville, NY | $59,430,555 | $60,502,851 |