Bacharach Hospital Foundation Inc

Organization Overview

Bacharach Hospital Foundation Inc is located in Pomona, NJ. The organization was established in 1991. 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. Bacharach Hospital 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, Bacharach Hospital Foundation Inc generated $2.6m 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 (8.7%) each year. All expenses for the organization totaled $3.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE CHARITABLE MISSION OF THE BACHARACH INSTITUTE FOR REHABILIATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION SUPPORTS THE ONGOING EFFORTS OF BACHARACH INSTITUTE FOR REHABILITATION (AN EXEMPT PUBLIC CHARITY) IN PROVIDING THE HIGHEST QUALITY CARE TO THE PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Richard J Kathrins
Secretary, President/ceo
$0
Robert A Mairone
Chairperson
$0
William F Casey III
Director
$0
Roy Goldberg
Director
$0
Paulajane D'amato-Frankel
Director
$0
James J Lees Jr
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$116,978
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$22,677
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$139,655
Total Program Service Revenue$0
Investment income $288,966
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,122,369
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,558,609

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