Northern Surry Foundation For Better Health Inc is located in Mount Airy, NC. The organization was established in 2003. 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. Northern Surry Foundation For Better Health 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 09/2023, Northern Surry Foundation For Better Health Inc generated $20.3m in total revenue. All expenses for the organization totaled $5.0m during the year ending 09/2023. While expenses have increased by 65.2% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S MAIN PURPOSE IS TO SUPPORT NORTHERN REGIONAL HOSPITAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED FUNDS FOR THE PURCHASE OF CAPITAL ASSETS.
THE FOUNDATION RAISED FUNDS TO BUILD A PEACEFUL QUIET GARDEN FOR PATIENTS, FAMILIES AND VISITORS TO ENJOY.
THE FOUNDATION RAISED FUNDS TO ASSIST EMPLOYEES IN NEED AT NORTHERN REGIONAL HOSPITAL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andy Gillespie Trustee | Trustee | 1 | $0 |
Bill Goins Trustee | Trustee | 1 | $0 |
Brian Johnson Chairman | OfficerTrustee | 1 | $0 |
David Shockley Trustee | Trustee | 1 | $0 |
Philip Snow Vice Chairman | OfficerTrustee | 1 | $0 |
Ann Vaughn Trustee | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $20,000,000 |
All other contributions, gifts, grants, and similar amounts not included above | $234,513 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $20,234,513 |
Total Program Service Revenue | $17,495 |
Investment income | $87,351 |
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 | $20,339,359 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $4,946,675 |
Grants and other assistance to domestic individuals. | $29,432 |
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 | $18,908 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,800 |
Payroll taxes | $0 |
Fees for services: Management | $7,138 |
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 | $8,962 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $709 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $35 |
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 | $33,495 |
Total functional expenses | $5,049,154 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $91,092 |
Pledges and grants receivable | $20,000,000 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $2,894,628 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $22,985,720 |
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 | $104,394 |
Total liabilities | $104,394 |
Net assets without donor restrictions | $2,881,326 |
Net assets with donor restrictions | $20,000,000 |
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 | $22,985,720 |