Southwest Community Health Foundation
- Assets
- $10.7m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Cleveland, OH
- Founding
- 01/1985
- Data as of
- 12/2021
- EIN
- 34-1455135
Organization Overview
Southwest Community Health Foundation is located in Cleveland, OH. The organization was established in 1985. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Southwest Community Health Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southwest Community Health 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 12/2021, Southwest Community Health Foundation generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $924.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Southwest Community Health Foundation has awarded 14 individual grants totaling $7,150,953. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION IS ORGANIZED AND OPERATED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, AND TO CARRY OUT THE PURPOSES OF SOUTHWEST COMMUNITY HEALTH SYSTEM, A NONPROFIT CORPORATION WHICH IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES.
Describe the Organization's Program Activity:
CORNER SHOP AUXILIARY THAT RUNS A GIFT SHOP FOR THE BENEFIT OF SOUTHWEST GENERAL HEALTH CENTER
CONTRIBUTIONS TO OUTSIDE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William A Young Jr President CEO | OfficerTrustee | 1 | $0 |
Susan O Scheutzow Trustee | Trustee | 1 | $0 |
Christopher Burdon Exec Dir Foundation | Officer | 50 | $306,170 |
Michael H Novak Chairman | OfficerTrustee | 1 | $0 |
Mark J Elliott Trustee | Trustee | 1 | $0 |
Debbie Brassell Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $128,191 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,004,376 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,132,567 |
| Total Program Service Revenue | $0 |
| Investment income | $299,168 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $163,870 |
| Net Income from Fundraising Events | -$22,687 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $88,387 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,740,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $135,671 |
| 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. | $218,040 |
| Compensation of current officers, directors, key employees. | $218,040 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $342,830 |
| Pension plan accruals and contributions | $20,955 |
| Other employee benefits | $43,683 |
| Payroll taxes | $30,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $52,367 |
| Office expenses | $73,985 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $2,873 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $924,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,251,017 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,206,213 |
| Accounts receivable, net | $60,011 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $57,145 |
| Prepaid expenses and deferred charges | $360 |
| Net Land, buildings, and equipment | $6,542 |
| Investments—publicly traded securities | $7,191,234 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $976,813 |
| Total assets | $10,749,335 |
| Accounts payable and accrued expenses | $196,404 |
| 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 | $196,404 |
| Net assets without donor restrictions | $2,609,734 |
| Net assets with donor restrictions | $7,943,197 |
| 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 | $10,749,335 |
Grants Awarded
Over the last fiscal year, Southwest Community Health Foundation has awarded $409,380 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHWEST GENERAL HEALTH CENTER | | | $353,209 |
SOUTHWEST GENERAL HEALTH CENTER | | | $56,171 |