Health Care Foundation Of The Oranges Inc
- Assets
- $7.6m
- Revenue
- $205.1k
- Investments
- $5.8m
- Employees
- 0
- Location
- East Orange, NJ
- Founding
- 03/1992
- Data as of
- 12/2022
- EIN
- 22-3099082
Organization Overview
Health Care Foundation Of The Oranges Inc is located in East Orange, NJ. The organization was established in 1992. 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. Health Care Foundation Of The Oranges 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 12/2022, Health Care Foundation Of The Oranges Inc generated $205.1k 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 (43.6%) each year. All expenses for the organization totaled $570.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE HEALTHCARE BY PROVIDING SERVICES IN THE CITIES OF EAST ORANGE AND ORANGE, NJ
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUE TO THE SALE OF EAST ORANGE GENERAL HOSPITAL, THE FOUNDATION WAS IN A PERIOD OF TRANSITION TO AN INDEPENDENT ENTITY DURING 2015 AND 2016. AS A RESULT, NO PROGRAMS WERE UNDERTAKEN. THE FOUNDATION RESUMED PROGRAMMING IN 2017, PROMOTING HEALTHCARE GENERALLY AND THE PROVISION OF HEALTHCARE SERVICES TO INDIVIDUALS IN THE CITIES OF EAST ORANGE AND ORANGE, NEW JERSEY. THE FOUNDATION ALSO ESTABLISHES SPONSORS AND PROMOTES EDUCATIONAL PROGRAMS AND OTHER CHARITABLE ACTIVITIES DEVOTED TO IMPROVING AND PROTECTING THE HEALTH AND WELFARE OF INDIVIDUALS, ALONG WITH FOSTERING LOW INCOME HOUSING TO PERSONS WITH BEHAVIORAL NEEDS, PRIMARILY IN THE CITIES OF EAST ORANGE AND ORANGE, NEW JERSEY
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 |
|---|---|---|---|
Leonard Murray II Chairman | 0 | $0 | |
William M Barbee Trustee | 0 | $0 | |
Richard Grodek ESQ Vice Chair | 0 | $0 | |
Amir Hashemi Trustee | 0 | $0 | |
Rosemary Allen-Jenkins RN Trustee | 0 | $0 | |
Rev Joseph Oniyama Treasurer/secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $162,967 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $42,170 |
| Capital Gain Net Income | $42,170 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $205,137 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $3,755 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,260 |
| Printing and publications | $0 |
| Other expenses | $500,852 |
| Total operating and administrative expenses | $570,527 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $570,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $409,324 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $800,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,756,674 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $675,506 |
| Total assets | $7,641,504 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $19,189 |
| Total liabilities | $19,189 |
Grants Awarded
Over the last fiscal year, Health Care Foundation Of The Oranges Inc has awarded $80,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
IMAGINE A CENTER FOR COPING WITH LOSS PURPOSE: FUNDING FOR PROGRAMMING THAT FOSTERS RESILIENCE IN NEWARK YOUTH COPING WITH TRAUMA AND LOSS | $20,000 |
METROPOLITAN CARDIOVASCULAR FOUNDATION PURPOSE: FUNDING FOR PROGRAM TO PROVIDE CARDIAC AND VASCULAR SCREENINGS FREE OF CHARGE TO 300 COMMUNITY MEMBERS | $35,000 |
THE ESSEX ASSOCIATION OF AMERICAN BAPTIST CHURCHES PURPOSE: PROVIDED AED EQUIPMENT AND TRAINING TO THE 30+CHURCHES ON THE ORGANIZATION | $25,000 |