Beverly Hospital Foundation

Organization Overview

Beverly Hospital Foundation is located in Montebello, CA. The organization was established in 1975. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2021, Beverly Hospital Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beverly Hospital 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, Beverly Hospital Foundation generated $887.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $401.1k during the year ending 12/2021. While expenses have increased by 6.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT BEVERLY COMMUNITY HOSPITAL ASSOCIATION (BCHA), A 501(C)(3) CORPORATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BEVERLY HOSPITAL FOUNDATION IS OPERATED SOLELY FOR THE BENEFIT OF BEVERLY COMMUNITY HOSPITAL ASSOCIATION, A 501(C)(3) ORGANIZATION. IT ENGAGES IN THE SOLICITATION, RECEIPT, AND ADMINISTRATION OF FUNDS TO SUPPORT HOSPITAL PROGRAMS, INCLUDING THE ACQUISITION OF EQUIPMENT AND TECHNOLOGY, AND SUPPORT OF EXPANSION PROJECTS. DURING THE 2021 TAX YEAR, THE FOUNDATION GRANTED $189,755 TO THE HOSPITAL.


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Board, Officers & Key Employees

Name (title)Compensation
Lester Fujimoto
VP Of Dev. And Community Relations
$0
Julie France
President
$0
Art Revueltas
Vice President
$0
Deanna Khan MD
Secretary
$0
Edgar Morales
Treasurer
$0
Ralph Hansen DMD
Past President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$113,548
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$671,043
Noncash contributions included in lines 1a–1f $249,172
Total Revenue from Contributions, Gifts, Grants & Similar$784,591
Total Program Service Revenue$0
Investment income $29,265
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $91,000
Net Income from Fundraising Events -$24,757
Net Income from Gaming Activities $7,341
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $887,440

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