Provident Foundation is located in Chicago, IL. The organization was established in 1934. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Provident 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 12/2020, Provident Foundation generated $90.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 23.4% each year . All expenses for the organization totaled $26.4k during the year ending 12/2020. While expenses have increased by 3.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
HEALTH & RELATED EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST THOSE IN ITS COMMUNITY IN THE AREAS OF HEALTH AND RELATED EDUCATION AND PROVIDE FUNDING AND GRANTS TO OTHER NOT-FOR-PROFIT ENTITIES WITH SIMILAR MISSIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Myetie Hamilton Board Chair | OfficerTrustee | 1 | $0 |
Tamara Prather Secretary | OfficerTrustee | 1 | $0 |
Doriane Miller Board Member | Trustee | 1 | $0 |
Devina Fletcher Board Member | Trustee | 1 | $0 |
Jasmine Kidd Board Member | Trustee | 1 | $0 |
Abdullah Pratt Board Member | Trustee | 1 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $90,495 |
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 | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $90,525 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $11,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,000 |
Advertising and promotion | $0 |
Office expenses | $337 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $975 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $26,427 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $97,000 |
Savings and temporary cash investments | $0 |
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 | $0 |
Inventories for sale or use | $29,400 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $60,652 |
Total assets | $187,052 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $124,632 |
Net assets with donor restrictions | $62,420 |
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 | $187,052 |
Over the last fiscal year, we have identified 1 grants that Provident Foundation has recieved totaling $10,000.
Awarding Organization | Amount |
---|---|
Gary And Denise Gardner Family Foundation Chicago, IL PURPOSE: CHARITABLE | $10,000 |
Organization Name | Assets | Revenue |
---|---|---|
Cox Health Systems Hmo Inc Springfield, MO | $37,618,692 | $12,571,299 |
Great Mines Health Center Potosi, MO | $12,902,028 | $11,960,417 |
Advocate Health Care Network Downers Grove, IL | $599,864,770 | $33,976,884 |
Seton Medical Management St Louis, MO | $6,210,229 | $8,319,618 |
Healthcare Financial Management Association Downers Grove, IL | $15,352,963 | $8,658,977 |
Triad Health Systems Inc Warsaw, KY | $7,319,417 | $8,634,969 |
Southeastern Indiana Health Management Inc Columbus, IN | $5,608,565 | $7,397,633 |
St Croix Valley Shared Services Inc Baldwin, WI | $2,575,125 | $6,793,920 |
Memorial Health System Jacksonville, IL | $263,557 | $2,264,542 |
Svh Real Estate Inc St Louis, MO | $90,079,371 | $1,079,278 |
Spring Valley Health Care Center Inc Spring Valley, WI | $3,240,100 | $4,260,949 |
Meriter Health Services Inc Madison, WI | $652,583,473 | $4,134,335 |