Northeastern Ohio Healthcare Foundation
- Assets
- $706.7k
- Revenue
- $53.1k
- Investments
- $657.0k
- Employees
- 0
- Location
- Naples, FL
- Founding
- 07/2002
- Data as of
- 12/2022
- EIN
- 34-1948624
Organization Overview
Northeastern Ohio Healthcare Foundation is located in Naples, FL. The organization was established in 2002. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Northeastern Ohio Healthcare 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 12/2022, Northeastern Ohio Healthcare Foundation generated $53.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (27.1%) each year. All expenses for the organization totaled $183.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Northeastern Ohio Healthcare Foundation has awarded 29 individual grants totaling $204,658. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Nolfi Chairman | 2 | $0 | |
Roger May Treasurer | 15 | $55,440 | |
Nicholas E Rinaldi DDS Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $16,316 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $36,758 |
| Capital Gain Net Income | $36,758 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $17 |
| Total Revenue | $53,091 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $55,440 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23,057 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,569 |
| Total operating and administrative expenses | $110,531 |
| Contributions, gifts, grants paid | $73,080 |
| Total expenses and disbursements | $183,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,599 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $100 |
| Total assets | $706,738 |
| Accounts payable and accrued expenses | -$20,593 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | -$20,593 |
Grants Awarded
Over the last fiscal year, Northeastern Ohio Healthcare Foundation has awarded $73,080 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CLEVELAND FOOD BANK PURPOSE: GENERAL | $1,030 |
NATIONWIDE CHILDREN'S HOSPITAL FOUNDATION PURPOSE: GENERAL | $7,500 |
UNIVERSITY HOSPITALS PURPOSE: GENERAL | $3,000 |
OHIO STATE UNIVERSITY PURPOSE: GENERAL | $5,000 |
MERCY HOSPITAL PURPOSE: GENERAL | $4,000 |
NOIA FOUNDATION PURPOSE: GENERAL | $1,000 |