Schuyler Health Foundation Inc
- Assets
- $2.3m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Montour Falls, NY
- Founding
- 12/1988
- Data as of
- 12/2021
- EIN
- 22-2890619
Organization Overview
Schuyler Health Foundation Inc is located in Montour Falls, NY. The organization was established in 1988. 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. Schuyler Health 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, Schuyler Health Foundation Inc generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $819.8k during the year ending 12/2021. While expenses have increased by 17.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
SCHUYLER HEALTH FOUNDATION, INC. IS A NOT-FOR-PROFIT CORPORATION ORGANIZED TO PROVIDE FUNDS TO OR FOR THE BENEFIT OF SCHUYLER HOSPITAL, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH CARE PROGRAMS, GENERAL/OTHER: SCHUYLER HEALTH FOUNDATION ANNUAL FOF 2020 AND FOF 2021 CAMPAIGNS WERE MULTIPRONGED CAMPAIGNS. DOLLARS WERE RAISED FOR SCHUYLER HOSPITAL AND THE SKILLED NURSING UNITS. A PORTION OF THE UNDESIGNATED CAPITAL AND EQUIPMENT DOLLARS DONATED TO SCHUYLER HOSPITAL FOR THE FOF 20 AND FOF 21 CAMPAIGN WERE UTILIZED TO PAY FOR THE REMAINING BALANCE OF THE TRANSFORMATION PROJECT. THIS PROJECT WILL INCREASE THE QUALITY, DIVERSITY AND ACCURACY OF CARE RECEIVED BY PATIENTS. ALSO, USED REMAINING FOF 21 FUNDS WERE UTILIZED TO PAY FOR PARTIAL SURGICAL SERVICES - SPD RENOVATIONS UPGRADE PROJECT.
IN ADDITION, FUNDS WERE RAISED FOR THE SKILLED NURSING FACILITY. IN 2021, THERE WAS A RELEASE OF 2020 CAMPAIGN DOLLARS ($4,346) TO PARTIALLY FUND THE PURCHASE OF A VAN IN ORDER TO TRANSPORT SNF RESIDENTS TO VARIOUS APPOINTMENTS AND EVENTS, THIS INCREASES RESIDENTS' HEALTH AND QUALITY OF LIFE. ALSO IN 2021 , THERE WAS A RELEASE OF 2021 CAMPAIGN DOLLARS ($8,848) FOR SNF SEATING.
SCHUYLER HEALTH FOUNDATION RECEIVES DOLLARS FOR SPECIFIC NEEDS FOR THE HOSPITAL AND/OR THE SNF. IN 2021, AMOUNTS WERE EXPENDED IN SUPPORT OF A LARGE IMAGING PROJECT AND THE FOUNDATION ALSO EXPENDED FAMILY OF FRIENDS FUNDS MAINLY FOR A DIABETIC EYE CAMERA AND COVID RESPONSE.
SCHUYLER HEALTH FOUNDATION RECEIVED FUNDING FROM THE UNITED WAY ($10,000) DURING 2021 IN ORDER TO PARTIALLY FUND HOSPITAL CAFETERIA UPGRADES PROJECT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Thaete Chair | OfficerTrustee | 2 | $0 |
Tom Phillips Vice-Chair | OfficerTrustee | 2 | $0 |
Jerry Mickelson Secretary And Treasurer | OfficerTrustee | 2 | $0 |
Rebecca Gould President And CFO | Officer | 2 | $0 |
Tiffany Bloss Foundation Director | Officer | 40 | $0 |
Brenda Warren-Fitch Board Member | Trustee | 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 | $682,125 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $682,125 |
| Total Program Service Revenue | $0 |
| Investment income | $38,719 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $288,280 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,009,124 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $25,416 |
| 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 | $108,855 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,549 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $18,354 |
| Fees for services: Other | $1,005 |
| Advertising and promotion | $900 |
| Office expenses | $855 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,461 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,228 |
| Interest | $0 |
| Payments to affiliates | $641,129 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $819,820 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,143 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $11,133 |
| 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 | $2,221,080 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,259,356 |
| 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 | $13,736 |
| Total liabilities | $13,736 |
| Net assets without donor restrictions | $2,179,884 |
| Net assets with donor restrictions | $65,736 |
| 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 | $2,259,356 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Schuyler Health Foundation Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
Motorsports Charities Inc Daytona Beach, FL PURPOSE: PROGRAM SUPPORT | $6,000 |
Donohue Fam Foundation Tr New City, NY PURPOSE: 826 VALENCIA | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
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 |
Brattleboro Memorial Hospital Brattleboro, VT | $104,110,921 | $94,984,604 |
North Country Hospital & Health Center,inc Newport, VT | $120,716,878 | $102,074,097 |
Jeanes Hospital Philadelphia, PA | $0 | $90,864,313 |
Porter Hospital Inc Hcsr Middlebury, VT | $83,460,872 | $99,708,457 |
Lehigh Valley Hospital - Coordinated Health Allentown Allentown, PA | $172,900,540 | $112,544,100 |
Copley Hospital Inc Morrisville, VT | $84,353,372 | $98,228,330 |
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 |