Morris Hospital Foundation
- Assets
- $4.5m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Morris, IL
- Founding
- 12/1994
- Data as of
- 12/2022
- EIN
- 36-3939156
Organization Overview
Morris Hospital Foundation is located in Morris, IL. The organization was established in 1994. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Morris Hospital 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, Morris Hospital Foundation generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 11.9% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MORRIS HOSPITAL FOUNDATION'S PURPOSE IS TO PROMOTE AND ACCEPT PHILANTHROPIC SUPPORT FOR MORRIS HOSPITAL & HEALTHCARE CENTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MORRIS HOSPITAL FOUNDATION WAS CREATED IN 1994 FOR THE PURPOSE OF PROMOTING AND ACCEPTING PHILANTHROPIC SUPPORT FOR THE HEALTHCARE PROGRAMS AND SERVICES OF MORRIS HOSPITAL & HEALTHCARE CENTERS. THROUGH VARIOUS APPEALS, GRANTS, INDIVIDUAL AND CORPORATE CULTIVATION AND SOLICITATION, AND ONGOING STEWARDSHIP OF DONORS' GIFTS; THE FOUNDATION ENGAGES THE COMMUNITY IN THE NEED FOR PHILANTHROPIC SUPPORT OF MORRIS HOSPITAL. EACH YEAR, THE FOUNDATION WORKS TO FUND PROGRAMS AND PURCHASES WHICH MAY NOT OTHERWISE BE POSSIBLE OR WOULD REQUIRE MORE TIME TO COMPLETE IF IT WERE NOT FOR THE CONTRIBUTIONS OF DONORS. IN 2022, THE FOUNDATION DISBURSED $890,000 TO THE HOSPITAL FOR VARIOUS PROGRAMS AND SERVICES INCLUDING: INTEGRATED BEHAVIORAL HEALTH FELLOWSHIPS, SUPPORT GROUPS AND OTHER RESOURCES TO BETTER SERVE THOSE IN OUR COMMUNITY, EMERGENCY/DISASTER HARDSHIP RELIEF FUNDS TO ASSIST AUXILIANS AND EMPLOYEES FACING A FINANCIAL HARDSHIP BECAUSE OF A CRISIS; SCHOLARSHIPS TO STUDENTS ENGAGED IN A HEALTH RELATED COURSE OF STUDY; WOMEN'S HEALTH SERVICES AND PROGRAMS; THE SERENITY GARDEN; PEDIATRIC TEDDY BEARS SO THAT OUR SMALLEST PATIENTS CAN FEEL CALM WHEN VISITING THE HOSPITAL OR HEALTHCARE CENTERS; AND EQUIPMENT TO HELP MANY DEPARTMENTS IN THE HOSPITAL PROVIDE THE BEST LEVEL OF CARE. THE 17 MEMBER VOLUNTEER FOUNDATION BOARD OF DIRECTORS CONTINUES TO MAKE PROGRESS EACH YEAR TOWARDS ITS VISION OF BECOMING A MAJOR CONTRIBUTOR TO THE MORRIS HOSPITAL'S SUCCESS. AND, SUCH WAS THE CASE IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Mccomb President | OfficerTrustee | 1 | $0 |
Joan Harrop Vice President | OfficerTrustee | 1 | $0 |
Ernie Lindsay Secretary | OfficerTrustee | 1 | $0 |
Tracy Zabel Treasurer | OfficerTrustee | 1 | $0 |
Brian Angwin Director | Trustee | 1 | $0 |
Matt Baskerville Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $65,500 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,462,835 |
| Noncash contributions included in lines 1a–1f | $11,391 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,528,335 |
| Total Program Service Revenue | $0 |
| Investment income | $76,965 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $61,530 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,666,830 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $170,000 |
| Grants and other assistance to domestic individuals. | $75,098 |
| 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 | $81,364 |
| 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 | $0 |
| Fees for services: Other | $41,226 |
| Advertising and promotion | $0 |
| Office expenses | $1,943 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $3,013 |
| Total functional expenses | $1,064,672 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $669,544 |
| Pledges and grants receivable | $73 |
| Accounts receivable, net | $604 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $125,269 |
| Prepaid expenses and deferred charges | $12,557 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,679,496 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $425 |
| Total assets | $4,487,968 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $6,250 |
| 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 | $6,250 |
| Net assets without donor restrictions | $2,372,880 |
| Net assets with donor restrictions | $2,108,838 |
| 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 | $4,487,968 |