Columbus Regional Hospital Foundation Inc
- Assets
- $26.3m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 9
- Location
- Columbus, IN
- Founding
- 12/1952
- Data as of
- 12/2021
- EIN
- 35-6023714
Organization Overview
Columbus Regional Hospital Foundation Inc, operating under the name Columbus Regional Health Foundation Inc, is located in Columbus, IN. The organization was established in 1952. 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 12/2021, Columbus Regional Health Foundation Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Regional Health 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, Columbus Regional Health Foundation Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 9.1% per year over the past 7 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.
Since 2014, Columbus Regional Health Foundation Inc has awarded 39 individual grants totaling $11,029,894. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE HEALTH OF THE PEOPLE IN SOUTHEASTERN INDIANA BY ACTIVELY RAISING CHARITABLE CONTRIBUTIONS TO SUPPORT COLUMBUS REGIONAL HOSPITAL HEALTHCARE INITIATIVES AND TO PROVIDE FINANCIAL SUPPORT AND PROMOTE ADVOCACY FOR HEALTHY COMMUNITIES INITIATIVES AND VIMCARE CLINIC THROUGH PUBLIC AWARENESS, PHILANTHROPY AND STEWARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CRHF PROVIDES SUPPORT TO COLUMBUS REGIONAL HOSPITAL, AN ORGANIZATION EXEMPT FROM TAX UNDER IRC SECTION 501(C)(3). THE FOUNDATION ALSO PROVIDES GRANTS, THAT SUPPPORT MEDICAL CARE AT CRH, AND SCHOLARSHIPS TO ASSIST WITH THOSE PURSUING AN EDUCATION IN THE MEDICAL FIELD. CRHF ALSO PROVIDES SUPPORT TO OTHER EXEMPT ORGANIZATIONS TO FURTHER PROMOTE THE HEALTH AND WELL-BEING OF THE COMMUNITY. IN 2021, CRHF PROVIDED SUPPORT TO A COMMUNITY-WIDE INITIATIVE RESPONDING TO THE EMERGENT OPIOID CRISIS IN BARTHOLOMEW COUNTY. FUNDING FOR THIS INITIATIVE (THE ALLIANCE FOR SUBSTANCE ABUSE PROGRESS IN BARTHOLOMEW COUNTY) PRIMARILY CONSISTED OF FUNDING FOR NEW CRH EMPLOYEES LEADING THE INITIATIVE.COLUMBUS REGIONAL HOSPITAL FOUNDATION ACTS AS FIDUCIARY FOR OUR HOSPICE OF SOUTH CENTRAL INDIANA (OHSCI) TO RECEIVE AND INVEST A PORTION OF OHSCI'S CASH RESERVE ASSETS. AS ENTITIES OF THE COLUMBUS REGIONAL HOSPITAL SYSTEM, THIS IS AN APPROPRIATE SERVICE RELATIONSHIP BETWEEN CRHF AND OUR HOSPICE. CRHF AND OUR HOSPICE ALSO WORK COLLABORATIVELY TO RAISE FUNDS FOR BOTH ORGANIZATIONS. 2021 OHSCI ASSETS MANAGED BY CRHF TOTALED $6,786,142.
CRHF PROVIDES PHILANTHROPIC SUPPORT TO VIMCARE CLINIC, A DEPARTMENT OF COLUMBUS REGIONAL HOSPITAL AND THE HOSPITAL'S SAFETY NET CLINIC FOR LOW-INCOME ADULTS. FUNDING FOR VIMCARE COVERS BEHAVORIAL HEALTH SERVICES, FINANCIAL NAVIGATION, CASE MANAGEMENT, MEDICATION ASSISTANCE, AND TRANSLATION SERVICES.
CRHF IS THE PRIMARY FUNDER OF HEALTHY COMMUNITIES INITIATIVE, AN ORGANIZATION WHOSE STAFF IS EMPLOYED BY COLUMBUS REGIONAL HOSPITAL, AND WORKS TO IMPROVE THE LONG-TERM QUALITY OF LIFE IN BARTHOLOMEW COUNTY THROUGH LOCAL ACTION TEAMS: TOBACCO AWARENESS AND PREVENTION, MEDICATION ASSISTANCE, DOMESTIC VIOLENCE, CARING PARENTS, PROYECTO SALUD, BREASTFEEDING COALITION AND HEALTHY LIFESTYLES. CRHF SUBSIDIZES HCI STAFF EXPENSES AND COVERS PROGRAM EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julia Abedian Foundation President | Officer | 14 | $105,393 |
Andrew Weisner Secretary/treasurer | OfficerTrustee | 1 | $0 |
David B Mckinney Chair | OfficerTrustee | 1 | $0 |
Lisa Duret Vice Chair | OfficerTrustee | 1 | $0 |
Amy Kaiser Past Chair | OfficerTrustee | 1 | $0 |
Susan Sawin Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $6,288 |
| Membership dues | $0 |
| Fundraising events | $125,150 |
| Related organizations | $1,180,894 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,475,197 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,787,529 |
| Total Program Service Revenue | $0 |
| Investment income | $939,117 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $440,039 |
| Net Income from Fundraising Events | -$3,433 |
| Net Income from Gaming Activities | $32,250 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,195,502 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,314,466 |
| Grants and other assistance to domestic individuals. | $12,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,174 |
| Compensation of current officers, directors, key employees. | $33,052 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $419,325 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $40,506 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,228 |
| Fees for services: Other | $82,166 |
| Advertising and promotion | $4,486 |
| Office expenses | $4,851 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $186 |
| 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 | $3,010,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,306,329 |
| 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 | $611 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $24,940,350 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $70,468 |
| Total assets | $26,317,758 |
| 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 | $7,120,265 |
| Total liabilities | $7,120,265 |
| Net assets without donor restrictions | $6,242,473 |
| Net assets with donor restrictions | $12,955,020 |
| 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 | $26,317,758 |
Grants Awarded
Over the last fiscal year, Columbus Regional Hospital Foundation Inc has awarded $1,806,681 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,723,461 |
ACCESS-ABILITY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $40,000 |
Columbus, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $20,000 |
Columbus, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 |
Columbus, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,000 |
Columbus, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $6,220 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Columbus Regional Hospital Foundation Inc has recieved totaling $30,375.
| Awarding Organization | Amount |
|---|---|
Carl M Reeves And Mildred A Reeves Foundation Inc Fenton, MO PURPOSE: DIABETIC AND MEDICAL SUPPLIES FOR VOLUNTEER MEDICAL CLINIC | $16,946 |
Carl M Reeves And Mildred A Reeves Foundation Inc Fenton, MO PURPOSE: DIABETIC AND MEDICAL SUPPLIES FOR VOLUNTEER MEDICAL CLINIC | $13,229 |
Carl M Reeves And Mildred A Reeves Foundation Inc Fenton, MO PURPOSE: SUPPORT TO LOCAL HOSPITAL FOUNDATION | $200 |
Endowment Analysis
| Beg. Balance | $9,704,277 |
| Earnings | $1,359,306 |
| Net Contributions | $82,231 |
| Other Expense | $133,631 |
| Ending Balance | $11,012,183 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Livingston Hospital And Healthcare Services Inc Salem, KY | $11,764,039 | $22,423,570 |
Cumberland County Hospital Association Inc Burkesville, KY | $27,206,653 | $23,152,789 |
St Marys Warrick Hospital Inc St Louis, MO | $9,424,300 | $16,745,363 |
Aspirus Stanley Hospital & Clinics Inc Wausau, WI | $10,927,612 | $20,966,048 |
Community Hospital Of Staunton Staunton, IL | $32,595,948 | $20,788,343 |
St Vincent Clay Hospital Inc St Louis, MO | $12,816,129 | $21,118,417 |
Genesis Medical Center Aledo Aledo, IL | $16,196,609 | $17,740,710 |
Hshs Good Shepherd Hospital Inc Shelbyville, IL | $31,163,416 | $16,379,613 |
Uofl Health-Shelbyville Inc Louisville, KY | $17,393,919 | $16,689,423 |
Northwestern Memorial Healthcare Dekalb, IL | $61,241,872 | $21,268,372 |
Wayne County Hospital Inc Monticello, KY | $12,751,716 | $22,596,534 |
Aspirus Eagle River Hospital Inc Wausau, WI | $7,216,947 | $19,491,816 |