Healtheast Foundation
- Assets
- $0.0
- Revenue
- $4.1m
- Investments
- $0.0
- Employees
- 0
- Location
- St Paul, MN
- Founding
- Data as of
- 08/2018
- EIN
- 41-1602044
Organization Overview
Healtheast Foundation is located in St Paul, MN. Healtheast 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 08/2018, Healtheast Foundation generated $4.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $5.9m during the year ending 08/2018. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 3 years. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
WE ARE CALLED TO IMPROVE THE HEALTH OF OUR NEIGHBORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHEAST FOUNDATION PROVIDES GRANTS TO HEALTHEAST CARE SYSTEM AND ITS AFFILIATED ORGANIZATIONS FOR A VARIETY OF AREAS. HEALTHEAST FOUNDATION MADE A FINANCIAL IMPACT TO THE FOLLOWING PATIENT CARE PROGRAMS IMPACTED DURING THE FISCAL YEAR: PROVIDED SUPPORT FOR HOSPICE PATIENTS AND THEIR FAMILIES, INCLUDING SPIRITUAL CARE, BEREAVEMENT SERVICES, AND VOLUNTEER SERVICES; PILLARS HOSPICE HOUSE RECEIVED FUNDS TO ASSIST WITH THE MAINTENANCE OF THE CAMPUS AND FOR FINANCIAL ASSISTANCE FOR ROOM AND BOARD TO PATIENTS WHO QUALIFY; PROVIDED SUPPORT FOR THE REACH OUT AND READ PROGRAM IN ALL HEALTHEAST CLINICS; KAREN CHEMICAL DEPENDENCY COLLABORATIVE RECEIVED FUNDS; PROVIDED SUPPORT FOR THERAPEUTIC RECREATION FOR REHABILITATION PATIENTS AT BETHESDA HOSPITAL; SUPPORT WAS PROVIDED TO VARIOUS GROUPS FOR STAGE 4 CANCER PATIENTS; THE CAPISTRANT PARKINSON'S CENTER RECEIVED SUPPORT SO THEY COULD OFFER PROGRAMS SUCH AS DANCE CLASSES AND EXERCISE PROGRAMS TO PATIENTS AS A RESULT OF FOUNDATION GRANTS; FUNDING WAS ALSO PROVIDED TO IMPROVE THE HEALTH OF OUR COMMUNITY THROUGH PROGRAMS THAT ADDRESS THE SOCIAL DETERMINANTS OF HEALTH (ACCESS TO HEALTHY FOOD; MENTAL HEALTH SUPPORT; ACCESS TO CARE). HEALTHEAST FOUNDATION PROVIDED GRANTS FOR FURNITURE, EQUIPMENT AND RENOVATION PROJECTS: HEALTHEAST ST. JOSEPH'S HOSPITAL RECEIVED SUPPORT FOR THE MENTAL HEALTH AND ADDICTION CARE UNITS AND WAS USED TO IMPROVE SAFETY AND PROVIDE A HEALING ENVIRONMENT FOR PATIENTS; HEALTHEAST ST. JOHN'S HOSPITAL RECEIVED FUNDS TO UPDATE FAMILY WAITING AREAS AND RADIATION WAITING AREAS; PURCHASES OF EQUIPMENT FOR PATIENT CARE INCLUDED CEILING LIFTS, WHEELCHAIRS AND A PODIATRY CHAIR WITH FUNDS PROVIDED BY THE FOUNDATION. HEALTHEAST FOUNDATION ALSO PROVIDED GRANTS TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR STAFF IN NURSING, BARIATRIC CARE, HEART CARE, CANCER CARE, PARKINSON'S, PHARMACY, LABORATORY, AND OTHER PATIENT CARE AREAS; RESEARCH ASSISTANCE WAS ALSO PROVIDED FOR THE USE OF A TEACHING KITCHEN AS AN INTERVENTION TO PREVENT CHRONIC DISEASE. HEALTHEAST FOUNDATION PROVIDED SUPPORT FOR SPIRITUAL CARE FOR PATIENTS THEIR FAMILIES AND EMPLOYEES BY SUPPORTING THE FAITH-BASED IDENTITY CAMPAIGN FOR EMPLOYEES AND SUPPORTING THE FAITH COMMUNITY NURSING NETWORK.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Swanholm President | OfficerTrustee | 40 | $282,220 |
Tran Diane M Sys Dir Ngh | 40 | $138,963 | |
Joan Pennington Sys Dir Comm | 40 | $134,128 | |
Navin Brenda Sys Dir Hlth | 40 | $131,656 | |
Blank Tiffany J Sr Dir Phila | 40 | $126,653 | |
Scott A Mueller Vice-Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Healtheast Care System Administrative Services | 8/30/15 | $1,430,832 |
Mhc Culinary Group Catering Services | 8/30/15 | $100,806 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $343,545 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,115,056 |
| Noncash contributions included in lines 1a–1f | $53,189 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,458,601 |
| Total Program Service Revenue | $0 |
| Investment income | $324,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$479,790 |
| Net Income from Fundraising Events | -$176,762 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,124,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,863,224 |
| Grants and other assistance to domestic individuals. | $18,613 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $267,876 |
| Compensation of current officers, directors, key employees. | $42,860 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $824,716 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $222,084 |
| Payroll taxes | $83,479 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $94,127 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $220,938 |
| Advertising and promotion | $154 |
| Office expenses | $33,590 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,724 |
| Travel | $20,551 |
| 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 | $2,219 |
| Insurance | $0 |
| All other expenses | $3,832 |
| Total functional expenses | $5,851,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Healtheast Foundation has awarded $3,863,224 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HEALTHEAST CARE SYSTEM PURPOSE: GRANTS PROVIDED TO H | $1,914,646 |
HEALTHEAST ST JOSEPH'S HOSPITAL PURPOSE: GRANTS PROVIDED TO H | $1,142,175 |
HEALTHEAST ST JOHN'S HOSPITAL PURPOSE: GRANTS PROVIDED TO H | $391,708 |
HEALTHEAST MEDICAL RESEARCH INSTITU PURPOSE: GRANTS PROVIDED TO H | $338,505 |
HEALTHEAST WOODWINDS HOSPITAL PURPOSE: GRANTS PROVIDED TO H | $76,190 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Healtheast Foundation has recieved totaling $51,100.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $21,100 |
Endowment Analysis
| Beg. Balance | $7,429,929 |
| Earnings | $724,441 |
| Admin Expense | $18,208 |
| Net Contributions | $778,724 |
| Grants | $860,817 |
| Ending Balance | $8,054,069 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Region 3b Area Agency On Aging Battle Creek, MI | $12,282,051 | $21,229,876 |
Southwest Counseling Solutions Inc Detroit, MI | $10,435,524 | $23,926,279 |
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |
Duluth Regional Care Center Inc Duluth, MN | $17,149,445 | $20,614,667 |