Heritage Valley Sewickley Foundation is located in Moon Township, PA. Heritage Valley Sewickley 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 12/2017, Heritage Valley Sewickley Foundation generated $499.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (22.1%) each year. All expenses for the organization totaled $219.3k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (32.3%) per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE OHERITAGE VALLEY SEWICKLEY FOUNDATION IS A SUPPORTING ORGANIZATION AND IS RESPONSIBLE FOR CARRYING OUT THE PHILANTHROPIC ACTIVITIES FOR HERITAGE VALLEY SEWICKLEY, DIVISION OF VALLEY MEDICAL FACILITIES, BY PROVIDING STEWARDSHIP FOR MONIES RAISED WHILE WORKING TOWARD ENHANCEMENT OF PATIENT CARE AND PROGRAMS THROUGHOUT THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFERRED TO VALLEY MEDICAL FACILITIES, INC., A RELATED TAX-EXEMPT ORGANIZATION, TO REIMBURSE FOR COSTS ALLOCATED TO HERITAGE VALLEY SEWICKLEY, A DIVISION OF VALLEY MEDICAL FACILITIES, INC. FOR COMMUNITY HEALTH SERVICES (CHS), WHICH PROVIDE PATIENTS LIVING WITH CHRONIC HEALTH CONDITIONS THE HIGHEST QUALITY AND MOST EFFICIENT CARE THROUGH PROGRAMS IN PREGNANCY HEALTH SERVICE, PEDIATRIC ASTHMA, DIABETES COMPREHENSIVE CARE, COMMUNITY ADVANCED ILLNESS, SMOKING CESSATION, METABOLIC SYNDROME, COMMUNITY OUTREACH PROGRAMS AND PEDIATRIC OBESITY.
HERITAGE VALLEY SEWICKLEY FOUNDATION TRANSFERRED TO HERITAGE VALLEY SEWICKLEY, A DIVISION OF VALLEY MEDICAL FACILITIES, INC., A RELATED TAX-EXEMPT ORGANIZATION FOR THE TREATMENT OF INDIVIDUALS QUALIFYING FOR HARDSHIP ASSISTANCE.
HERITAGE VALLEY SEWICKLEY FOUNDATION TRANSFERRED TO HERITAGE VALLEY SEWICKLEY, A DIVISION OF VALLEY MEDICAL FACILITIES, INC., A RELATED TAX-EXEMPT ORGANIZATION, FOR THE PURCHASE OF CAPITAL EQUIPMENT USING FUNDS RESTRICTED BY DONORS FOR THAT PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Norman Mitry President & CEO | OfficerTrustee | 2 | $0 |
Kevin Flannery Chair | OfficerTrustee | 2 | $0 |
Terri Tunick RN Vice-Chair | OfficerTrustee | 0.5 | $0 |
John Edson ESQ Secretary | OfficerTrustee | 0.5 | $0 |
Lynn Vescio Treasurer | OfficerTrustee | 0.5 | $0 |
Richard Archer Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $1,199 |
Membership dues | $0 |
Fundraising events | $61,513 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $208,822 |
Noncash contributions included in lines 1a–1f | $3,981 |
Total Revenue from Contributions, Gifts, Grants & Similar | $271,534 |
Total Program Service Revenue | $0 |
Investment income | $107,261 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $140,091 |
Net Income from Fundraising Events | -$19,220 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $499,666 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $127,401 |
Grants and other assistance to domestic individuals. | $22,903 |
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 | $56,372 |
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 | $3,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $864 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $768 |
Information technology | $496 |
Royalties | $0 |
Occupancy | $439 |
Travel | $145 |
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 | $224 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $219,321 |
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 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
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 |
Unrestricted restricted net Assets | $0 |
Temporarily restricted net Assets | $0 |
Permanently restricted net Assets or current funds | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total net assets or fund balances | $0 |
Over the last fiscal year, Heritage Valley Sewickley Foundation has awarded $127,401 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
VALLEY MEDICAL FACILITIES INC PURPOSE: SEE PART IV | $127,401 |