Hand Rehabilitation Foundation
- Assets
- $1.7m
- Revenue
- $759.8k
- Investments
- $948.1k
- Employees
- 2
- Location
- Rockledge, PA
- Founding
- 04/1977
- Data as of
- 12/2021
- EIN
- 23-2000134
Organization Overview
Hand Rehabilitation Foundation is located in Rockledge, PA. The organization was established in 1977. According to its NTEE Classification (A70) the organization is classified as: Humanities, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Hand Rehabilitation Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hand Rehabilitation Foundation 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, Hand Rehabilitation Foundation generated $759.8k 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 (5.0%) each year. All expenses for the organization totaled $358.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.9%) per year over the past 7 years. 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
HAND SURGERY, REHABILITATION AND THERAPY EDUCATION INCLUDING RESEARCH, TRAINING AND SEMINARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAM FEES AND REGISTRATIONS, PROFESSIONAL EDUCATION AND TRAINING.
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 |
|---|---|---|---|
Terri M Skirven Director | Trustee | 10 | $18,000 |
A Lee Osterman President | OfficerTrustee | 0 | $0 |
Andrew B Cooney CPA Treasurer | OfficerTrustee | 0 | $0 |
David S Zelouf MD Vice President & Secretary | OfficerTrustee | 0 | $0 |
John M Bednar MD President Emeritus | OfficerTrustee | 0 | $0 |
Lawrence H Schneider MD President Emeritus | OfficerTrustee | 0 | $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 | $257,657 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,657 |
| Total Program Service Revenue | $413,609 |
| Investment income | $40,640 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $47,885 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $759,791 |
| 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. | $18,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,618 |
| Pension plan accruals and contributions | $2,031 |
| Other employee benefits | $2,831 |
| Payroll taxes | $2,369 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,053 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,000 |
| Advertising and promotion | $400 |
| Office expenses | $25,849 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,459 |
| Travel | $253 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $127,836 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,378 |
| Insurance | $2,996 |
| All other expenses | $0 |
| Total functional expenses | $358,635 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $524,603 |
| Savings and temporary cash investments | $71,120 |
| Pledges and grants receivable | $56,170 |
| 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 | $60,719 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $948,059 |
| Investments—program-related | $0 |
| Intangible assets | $247 |
| Other assets | $8,856 |
| Total assets | $1,669,774 |
| Accounts payable and accrued expenses | $112,440 |
| Grants payable | $0 |
| Deferred revenue | $252,851 |
| 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 | $365,291 |
| Net assets without donor restrictions | $985,888 |
| Net assets with donor restrictions | $318,595 |
| 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 | $1,669,774 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hand Rehabilitation Foundation has recieved totaling $25,160.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Central Missouri Columbia, MO PURPOSE: MEDICAL RESEARCH | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $160 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of United Hatzalah Inc New York, NY | $21,398,507 | $34,797,330 |
Institute Of Certified Mgt Accoun Tants Inc Montvale, NJ | $14,001,661 | $20,791,467 |
Modern Language Association Of America New York, NY | $26,742,104 | $16,207,433 |
American Philosophical Society Philadelphia, PA | $294,142,753 | $31,170,811 |
Pen American Center Inc New York, NY | $36,781,487 | $29,059,092 |
Commercial Real Estate Finance Council Inc New York, NY | $15,641,619 | $8,091,268 |
Academy Of American Poets Incorporated New York, NY | $16,980,319 | $4,039,105 |
Center For Inquiry Inc Amherst, NY | $8,104,198 | $5,991,557 |
Humanity First Usa Silver Spring, MD | $4,268,459 | $5,114,185 |
National Book Foundation Inc New York, NY | $4,696,616 | $3,836,375 |
Hawthornden Literary Retreat Pittsburgh, PA | $228,597,299 | $115,561,060 |
New York Council For The Humanities New York, NY | $2,496,894 | $3,586,085 |