Clarion Healthcare System Inc
- Assets
- $1.6m
- Revenue
- $16.3k
- Investments
- $1.6m
- Employees
- 0
- Location
- Clarion, PA
- Founding
- 01/1987
- Data as of
- 06/2020
- EIN
- 25-1534023
Organization Overview
Clarion Healthcare System Inc, operating under the name Clarion Hospital Foundation, is located in Clarion, PA. The organization was established in 1987. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Clarion 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 06/2020, Clarion Hospital Foundation generated $16.3k 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 (39.2%) each year. All expenses for the organization totaled $105.6k during the year ending 06/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WE EXIST TO MAKE A POSITIVE DIFFERENCE IN THE LIVES OF PEOPLE BY PROVIDING COMPASSIONATE, HIGH-QUALITY CARE AND COMFORT AND INSPIRING HEALTH AND WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CLARION HEALTHCARE SYSTEM SERVES AS THE PARENT ORGANIZATION FOR THE CLARION HOSPITAL AND HEALTH SERVICES OF CLARION (THE PHYSICIAN GROUP).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Funk Vice Chairman | OfficerTrustee | 1 | $0 |
Patrick Kahle Treasurer | OfficerTrustee | 1 | $0 |
Fred Port Chairman | OfficerTrustee | 3 | $0 |
Mary Louise Logue Secretary | OfficerTrustee | 1 | $0 |
Steven Davis President | Officer | 2 | $0 |
Norman K Beals Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $138 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,210 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,348 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $41,267 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $44,175 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,651 |
| 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 | $0 |
| Advertising and promotion | $2,774 |
| Office expenses | $5,612 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $348 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $105,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,579,719 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,579,719 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,579,719 |
Grants Awarded
Over the last fiscal year, Clarion Healthcare System Inc has awarded $280,731 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Clarion, PA PURPOSE: SUPPORT | $270,670 |
Butler, PA PURPOSE: SUPPORT | $10,061 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Clarion Healthcare System Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Foundation Of The National Student Nurses Association Brooklyn, NY PURPOSE: TO INCREASE NURSING PROGRAMS' ENROLLMENT AND GRADUATION OF QUALIFIED NURSING STUDENTS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Carbon Schiylkill Community Hospital Inc Allentown, PA | $59,769,388 | $99,125,691 |
Thomas Health System Inc S Charleston, WV | $66,489,070 | $891,312 |
Mercy Management Of Southeastern Pennsylvania Newtown Square, PA | $35,720,609 | $73,428,076 |
Mount Nittany Medical Center Health Services Inc State College, PA | $76,955,492 | $122,027,068 |
Archcare New York, NY | $38,938,250 | $96,013,711 |
Hackensack Meridian Health Inc Edison, NJ | $4,603,504,808 | $570,011,580 |
Atlanticare Health System Inc Egg Harbor Township, NJ | $51,745,576 | $84,060,384 |
Hackensack Meridian Health Inc Neptune, NJ | $71,369,061 | $79,547,655 |
Trinity Health Of The Mid-Atlantic Region Newtown Square, PA | $176,808,635 | $95,052,578 |
Promedica Coldwater Regional Hospital Toledo, OH | $47,581,485 | $78,207,651 |
Robert Wood Johnson Health Network Inc Oceanport, NJ | $28,225,653 | $62,188,927 |
Avita Health System Galion, OH | $0 | $68,948,905 |