Foundation For Cottage Rehabilitation And Goleta Valley

Organization Overview

Foundation For Cottage Rehabilitation And Goleta Valley, operating under the name Cottage Rehabilitation Hospital Foundation, is located in Santa Barbara, CA. The organization was established in 2007. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Cottage Rehabilitation 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 12/2023, Cottage Rehabilitation Hospital Foundation generated $2.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $806.3k during the year ending 12/2023. While expenses have increased by 2.6% per year over the past 6 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

IT IS THE MISSION OF THE FOUNDATION FOR COTTAGE REHABILITATION AND GOLETA VALLEY COTTAGE HOSPITALS TO SUPPORT IS TO SUPPORT THE PROVISION OF HOSPITAL AND OTHER MEDICAL REHABILITATION PROGRAMS AND SERVICES AT COTTAGE REHABILITATION HOSPITAL AND GOLETA VALLEY COTTAGE HOSPITAL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION FOR COTTAGE REHABILITATION AND GOLETA VALLEY COTTAGE HOSPITALS PROVIDED SUPPORT FOR THE ACUTE MEDICAL REHABILITATION AND RELATED SERVICES AT COTTAGE REHABILITATION HOSPITAL (CRH), GOLETA VALLEY COTTAGE HOSPITAL (GVCH), AS WELL AS THE COMMUNITY AT LARGE. SUPPORT INCLUDED ASSISTANCE TO THE HOSPITALS FOR EQUIPMENT, PROGRAMS AND STAFF TRAINING, AND SUPPORT OF INDIGENT CARE FOR REHABILITATION SERVICES. THROUGH THE PATIENT ASSISTANCE PROGRAM, THE FOUNDATION IS ABLE TO ASSIST PATIENTS WITH NECESSARY SUPPLIES AND THERAPY THAT THEY COULD OTHERWISE NOT AFFORD. THE FOUNDATION ANNUALLY SUPPORTS THE JUNIOR WHEELCHAIR SPORTS CAMP, A DAY CAMP HELD AT USCB RECREATION CENTER. THE CAMP IS OFFERED FREE OF CHARGE TO YOUTH BETWEEN THE AGES OF 6 AND 19 WITH A WIDE RANGE OF PHYSICAL DISABILITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Co-Chair
$0
Name Not Listed
Treasurer
$0
Name Not Listed
Co-Chair
$0
Name Not Listed
Director
$0
Name Not Listed
Secretary
$0
Name Not Listed
Director
$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$874,259
Noncash contributions included in lines 1a–1f $9,326
Total Revenue from Contributions, Gifts, Grants & Similar$874,259
Total Program Service Revenue$0
Investment income $570,880
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,056,899
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,502,038

Grants Awarded

Over the last fiscal year, Foundation For Cottage Rehabilitation And Goleta Valley has awarded $164,339 in support to 2 organizations.

Grant RecipientAmount

SANTA BARBARA COTTAGE HOSPITAL

PURPOSE: Support of Rehabilitation Hospital program expenses

$154,339

LIFE ROLLS ON FOUNDATION

PURPOSE: Support of Therapeutic Sports Camp

$10,000
View Grant Profile

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