Davis Health System Foundation Inc
- Assets
- $1.1m
- Revenue
- $403.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Elkins, WV
- Founding
- 01/2008
- Data as of
- 12/2021
- EIN
- 32-0185772
Organization Overview
Davis Health System Foundation Inc is located in Elkins, WV. The organization was established in 2008. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Davis Health System Foundation Inc 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, Davis Health System Foundation Inc generated $403.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $359.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DAVIS HEALTH SYSTEM FOUNDATION PROVIDES OPPORTUNITIES FOR OUR COMMUNITY TO ADVANCE HEALTHCARE THROUGH GIVING. FOUNDATION INITIATIVES SUPPORT DAVIS HEALTH SYSTEM'S COMMITMENT TO BRINGING BETTER HEALTH TO LIFE. CONTRIBUTIONS PROVIDE EXPERT STAFF, STATE-OF-THE-ART TREATMENTS, AND CUTTING-EDGE TECHNOLOGIES THROUGHOUT THE POTOMAC HIGHLANDS OF NORTH CENTRAL WEST VIRGINIA SO THAT OUR NEIGHBORS, FRIENDS, AND FAMILIES CAN GO BEYOND ROUTINE CARE WITHOUT GOING FAR FROM HOME.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DAVIS HOUSE FUND OFFERS CANCER PATIENTS AND THEIR FAMILY MEMBERS A "HOME AWAY FROM HOME" WHEN IT IS NECESSARY TO TRAVEL TO THE DMC CANCER CARE CENTER FOR TREATMENT. NOT HAVING TO WORRY ABOUT WHERE TO STAY OR HOW TO PAY FOR LODGING ALLOWS DAVIS HOUSE GUESTS TO FOCUS ON THE MOST IMPORTANT THING: GETTING WELL.
THE DHS FOUNDATION PATIENT ASSISTANCE FUNDS, INCLUDING THE DMC CANCER CARE CENTER PATIENT ASSISTANCE FUND, GUARDIAN ANGEL GENERAL PATIENT ASSISTANCE FUND, AND NORONHA BENEVOLENT CARE FUND, PROVIDE FINANCIAL SUPPORT TO PATIENTS FOR MEDICALLY NECESSARY ITEMS AND SERVICES (INCLUDING A FREE MAMMOGRAM PROGRAM) THAT CONTRIBUTE DIRECTLY TO THE OVERALL HEALTH, WELLNESS, AND QUALITY OF LIFE OF THE INDIVIDUAL.
THE FOUNDATION'S COVID-19 RELIEF FUND PROVIDED PPE FOR HOSPITAL EMPLOYEES AND VOLUNTEERS AND PURCHASED EQUIPMENT FOR DAVIS MEDICAL CENTER'S OPERATING ROOM, EMERGENCY DEPARTMENT, GENERAL INPATIENT UNIT, AND GERI PSYCH UNIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Cvechko President | OfficerTrustee | 2 | $0 |
Hugh Hitchcock Vice-President | OfficerTrustee | 2 | $0 |
Jeffrey Zurbuch Secretary | OfficerTrustee | 2 | $0 |
Christy Tribble CPA Treasurer | OfficerTrustee | 2 | $0 |
Michael Bell Executive Director | Officer | 40 | $0 |
Cindee Campbell Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $39,647 |
| Related organizations | $130,380 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $239,999 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $410,026 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,069 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $402,957 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,480 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $1,200 |
| 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 | $84,824 |
| Advertising and promotion | $7,809 |
| Office expenses | $249,998 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,184 |
| Travel | $4,064 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $359,648 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,845 |
| Savings and temporary cash investments | $764,280 |
| Pledges and grants receivable | $220,013 |
| Accounts receivable, net | $11,572 |
| 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 | $1,428 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,727 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,137,865 |
| Accounts payable and accrued expenses | $6,036 |
| 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 | $26,816 |
| Total liabilities | $32,852 |
| Net assets without donor restrictions | $255,432 |
| Net assets with donor restrictions | $849,581 |
| 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 | $1,137,865 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Davis Health System Foundation Inc has recieved totaling $29,581.
| Awarding Organization | Amount |
|---|---|
Tucker Community Foundation Parsons, WV PURPOSE: GENERAL SUPPORT | $29,551 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Endowment Analysis
| Beg. Balance | $1,050,143 |
| Net Contributions | $47,515 |
| Other Expense | $248,077 |
| Ending Balance | $849,581 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Cincinnati Foundation Cincinnati, OH | $616,325,698 | $119,970,948 |
Johnson Charitable Gift Fund Cincinnati, OH | $240,192,248 | $106,272,377 |
Young Mens Christian Association Of Greater Cincinnati Cincinnati, OH | $89,901,831 | $29,563,808 |
Jefferson Scholars Foundation Charlottesville, VA | $761,742,846 | $36,629,374 |
The Pauley Family Foundation Richmond, VA | $2,022,061,315 | $1,899,350,410 |
College Foundation Of The University Of Virginia Charlottesville, VA | $252,362,262 | $51,045,128 |
Independent Charitable Gift Fund Hudson, OH | $203,452,465 | $150,370,213 |
Homefree Usa Inc Landover, MD | $5,280,798 | $17,895,333 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
James Family Charitable Foundation Charlottesville, VA | $171,150,056 | $16,638,935 |