Heywood Healthcare Inc
- Assets
- $249.6k
- Revenue
- $2.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gardner, MA
- Founding
- 03/1988
- Data as of
- 09/2021
- EIN
- 22-2720658
Organization Overview
Heywood Healthcare Inc is located in Gardner, MA. The organization was established in 1988. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Heywood Healthcare 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, Heywood Healthcare Inc generated $2.0 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 (74.5%) each year. All expenses for the organization totaled $44.0 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 UNDERTAKE LONG AND SHORT-RANGE PLANNING FOR THE SUPPORTED ORGANIZATIONS, ASSIST IN ELIMINATING DUPLICATE FUNCTIONS AND GENERALLY IMPROVE THE EFFICIENCY AND EFFECTIVENESS THROUGH COORDINATED EFFORTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO UNDERTAKE LONG AND SHORT-RANGE PLANNING FOR THE SUPPORTED ORGANIZATIONS, ASSIST IN ELIMINATING DUPLICATE FUNCTIONS AND GENERALLY IMPROVE THE EFFICIENCY AND EFFECTIVENESS THROUGH COORDINATED EFFORTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Hunt Chairman | OfficerTrustee | 0.2 | $0 |
Joanne Parks Clerk | OfficerTrustee | 0.2 | $0 |
Roy Lake Vice Chairman | OfficerTrustee | 0.2 | $0 |
Cheney Castine Treasurer | OfficerTrustee | 0.2 | $0 |
Winfield Brown President/ceo | OfficerTrustee | 0.2 | $0 |
Michael Abbatiello Chief Financial Officer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $2 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $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 | $25 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $19 |
| 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 | $44 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,405 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $230,157 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $249,562 |
| 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 | $249,562 |
| 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 | $249,562 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Heywood Healthcare Inc has recieved totaling $96,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of North Central Massachusetts Inc Fitchburg, MA PURPOSE: HEALTH | $91,000 |
Hometown Bank Community Foundation Inc Oxford, MA PURPOSE: EXEMPT PURPOSE | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Shore-Lij Cardiology At Deer Park Pc Westbury, NY | $1,851,842 | $8,492,015 |
Albany Medical Center Saratoga Springs, NY | $8,508,389 | $8,765,103 |
Linn Health & Rehabilitation East Providence, RI | $5,213,427 | $9,028,519 |
North Shore-Lij Internal Medicine Pc Westbury, NY | $7,304,719 | $5,595,851 |
Community Health Systems Inc Attleboro, MA | $20,160,343 | $9,615,392 |
Metrowest Health Foundation Inc Framingham, MA | $99,772,227 | $5,790,457 |
North Shore-Lij Heart Surgery Pc Westbury, NY | $620,243 | $5,717,288 |
Care Transformation Collaborative Of Ri Providence, RI | $5,216,226 | $8,219,846 |
Finger Lakes Health Systems Agency Rochester, NY | $4,905,746 | $6,568,530 |
Albany Medical Center Albany, NY | $10,477,371 | $7,468,449 |
Capital Region Health Ventures Corporation Concord, NH | $12,519,772 | $11,897,231 |
Central New York Care Collaborative Inc Halfmoon, NY | $12,110,106 | $5,092,547 |