Westmoreland Hospital Foundation
- Assets
- $10.7m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Greensburg, PA
- Founding
- 05/1977
- Data as of
- 06/2022
- EIN
- 25-1309084
Organization Overview
Westmoreland Hospital Foundation is located in Greensburg, PA. The organization was established in 1977. 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. Westmoreland 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 06/2022, Westmoreland Hospital Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $762.7k during the year ending 06/2022. While expenses have increased by 9.3% 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.
Since 2016, Westmoreland Hospital Foundation has awarded 20 individual grants totaling $1,831,671. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FUNDRAISE ON BEHALF OF WESTMORELAND REGIONAL HOSPITAL AND FRICK HOSPITAL AND SUPPORT THEIR INITIATIVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WESTMORELAND/FRICK HOSPITAL FOUNDATION RAISES FUNDS FOR THE PRIMARY PURPOSE OF FURTHERING THE MISSION OF EXCELA HEALTH BY IMPROVING THE HEALTH AND WELL-BEING OF EVERY LIFE TOUCHED. FUNDS ARE DISTRIBUTED TO ENHANCE HEALTH SYSTEM SERVICES, ACQUIRE NEW EQUIPMENT AND TECHNOLOGY, AND AID IN DELIVERING VITAL PROGRAMS TO THE COMMUNITIES SERVED. MONIES ARE RAISED THROUGH SPECIAL EVENTS AS WELL AS THROUGH MAJOR GIFTS, BEQUESTS, DONATIONS AND OTHER, SIMILAR MEANS SO THAT QUALITY HEALTH CARE CONTINUES. DONATIONS RECEIVED ARE ALLOCATED TO THE AREAS OF PATIENT ENHANCEMENTS, PROFESSIONAL DEVELOPMENT, QUALITY AND PATIENT SAFETY INITIATIVES, AND COMMUNITY HEALTH AND WELLNESS EDUCATION. THE FOUNDATION PLACES SPECIAL EMPHASIS ON CAPITAL IMPROVEMENTS WITHIN THE WESTMORELAND HOSPITAL AND FRICK HOSPITAL LOCATIONS THAT FACILITATE THE AVAILABILITY OF STATE-OF-THE-ART PATIENT CARE WITHIN THE COMMUNITY, THUS ELIMINATING THE NEED TO TRAVEL.THE FOCUS IN FY 22 WAS THE EXPANSION OF THE CARDIOVASCULAR PROGRAM THROUGH THE CREATION OF THE HEART, LUNG AND VASCULAR INSTITUTE, WITH ITS HUB AT WESTMORELAND HOSPITAL. THE PROGRAM, AND ITS CLINICIANS HAVE RECEIVED ACCOLADES AT THE NATIONAL, REGIONAL AND LOCAL LEVEL FOR QUALITY OUTCOMES. THESE SERVICES RANGE FROM INCREASINGLY COMPLEX OPEN-HEART SURGERIES TO TRANSCATHETER AORTIC VALVE REPLACEMENT, OR TAVR, A MINIMALLY INVASIVE PROCEDURE. THE CENTER FEATURES THREE CARDIOVASCULAR OPERATING ROOMS WITH TWO DEDICATED TO OPEN HEART PROCEDURES AS WELL AS A 16-BED CARDIAC CARE UNIT, 52 TELEMETRY BEDS AND A DEDICATED NURSING STAFF. THE WESTMORELAND/FRICK HOSPITAL FOUNDATION FULLY SUPPORTS THE ONGOING BUILD-OUT OF THIS CENTER OF EXCELLENCE THROUGH GIFTS FOR SPECIALIZED TECHNOLOGY AND EQUIPMENT.ADDITIONALLY, GIFTS TO THE FOUNDATION EARMARKED FOR HOME CARING ALSO MADE POSSIBLE A ROBUST OUTPOURING OF SUPPORT FOR HOSPICE PATIENTS AND THEIR FAMILIES DURING A TIME OF TRANSITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ray T Charley Chair | OfficerTrustee | 1 | $0 |
Ronald Eberhardt Vice Chair | OfficerTrustee | 5 | $0 |
Carol Williams Secretary | OfficerTrustee | 1 | $0 |
David Delisi Treasurer | OfficerTrustee | 1 | $0 |
Charles Anderson Trustee | Trustee | 1 | $0 |
Karl Eisaman Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $106,917 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $684,937 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $791,854 |
| Total Program Service Revenue | $0 |
| Investment income | $255,526 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,058,606 |
| Net Income from Fundraising Events | -$18,659 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,087,327 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $274,163 |
| Grants and other assistance to domestic individuals. | $9,244 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $113,842 |
| Advertising and promotion | $0 |
| Office expenses | $42,990 |
| Information technology | $6,328 |
| Royalties | $0 |
| Occupancy | $57 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,757 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $762,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $345,657 |
| Pledges and grants receivable | $0 |
| 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 | $5,422 |
| Net Land, buildings, and equipment | $23,092 |
| Investments—publicly traded securities | $10,280,700 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,780 |
| Total assets | $10,663,651 |
| Accounts payable and accrued expenses | $16,308 |
| 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 | $27,250 |
| Total liabilities | $43,558 |
| Net assets without donor restrictions | $9,550,474 |
| Net assets with donor restrictions | $1,069,619 |
| 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 | $10,663,651 |
Grants Awarded
Over the last fiscal year, Westmoreland Hospital Foundation has awarded $273,667 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WESTMORELAND REGIONAL HOSPITAL PURPOSE: TO FUND THE ACQUISITION OF VARIOUS MEDICAL EQUIPMENT AND SUPPORT HOSPITAL | $257,422 |
BROTHERS BROTHER FOUNDATION PURPOSE: TO SUPPORT WITH UKRAINE RELIEF | $16,245 |