Chi Health Foundation
- Assets
- $29.9m
- Revenue
- $3.6m
- Investments
- $29.8m
- Employees
- 8
- Location
- Omaha, NE
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 47-0648586
Organization Overview
Chi Health Foundation, operating under the name Alegent Creighton Health Foundation, is located in Omaha, NE. The organization was established in 1946. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 06/2022, Alegent Creighton Health Foundation employed 8 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Alegent Creighton Health 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 06/2022, Alegent Creighton Health Foundation generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $2.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alegent Creighton Health Foundation has awarded 30 individual grants totaling $11,610,506. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CORPORATION IS TO NURTURE THE HEALING MINISTRY OF THE CHURCH, SUPPORTED BY EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHI HEALTH FOUNDATION SUPPORTS THE HEALTHCARE MINISTRY OF ALEGENT CREIGHTON HEALTH SYSTEM. THE FOUNDATION DISTRIBUTED $874,347 TO IMMANUEL MEDICAL CENTER AND RELATED FACILITIES DURING FISCAL YEAR 2022. THE FOUNDATION PROVIDED SUPPORT IN THREE PRIMARY AREAS: (1) CAPITAL CONSTRUCTION AND RENOVATION PROJECTS; (2) GENERAL OPERATING SUPPORT; AND (3) REHABILITATION CENTER EQUIPMENT AND PROGRAMS.
CHI HEALTH FOUNDATION SUPPORTS THE HEALTHCARE MINISTRY OF ALEGENT CREIGHTON HEALTH SYSTEM. THE FOUNDATION DISTRIBUTED $311,737 TO BERGAN MERCY HEALTH SYSTEM AND RELATED FACILITIES DURING FISCAL YEAR 2022.
CHI HEALTH FOUNDATION DISTRIBUTED $216,122 TO ALEGENT CREIGHTON HEALTH SERVICE LINES, CHI HEALTH LAKESIDE HOSPITAL, AND CHI HEALTH MIDLANDS HOSPITAL DURING FISCAL YEAR 2022. THE FOUNDATION PROVIDED SUPPORT IN FOUR PRIMARY AREAS:(1) WOMEN AND CHILDREN SERVICES;(2) NURSING SERVICES;(3) HOSPICE CARE; AND(4) GENERAL SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanette Wojtalewicz Interim Ceo/cfo, Chi Health | Officer | 5 | $0 |
Cliff Robertson MD Former Officer, Chi Health | 5 | $0 | |
Kathy Bertolini VP Philanthropy | Officer | 40 | $343,716 |
Nick Otool Interim CFO | Officer | 1 | $0 |
John Andrews Director (termed 10/18/21) | Trustee | 1 | $0 |
Thomas Belford Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $221,734 |
| Related organizations | $351,073 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,217,971 |
| Noncash contributions included in lines 1a–1f | $4,533 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,790,778 |
| Total Program Service Revenue | $0 |
| Investment income | $357,832 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,454,062 |
| Net Income from Fundraising Events | -$28,426 |
| Net Income from Gaming Activities | $10,405 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,587,467 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,665,601 |
| 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. | $384,257 |
| Compensation of current officers, directors, key employees. | $153,703 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $178,868 |
| Pension plan accruals and contributions | $36,788 |
| Other employee benefits | $82,346 |
| Payroll taxes | $36,658 |
| 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 | $73,860 |
| Fees for services: Other | $31,547 |
| Advertising and promotion | $2,033 |
| Office expenses | $9,314 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,950 |
| Travel | $14,965 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,355 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $998 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,553,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $41,980 |
| 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 | $665 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $29,754,935 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $87,770 |
| Total assets | $29,885,350 |
| Accounts payable and accrued expenses | $48,574 |
| Grants payable | $0 |
| Deferred revenue | $26,045 |
| 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 | $10,030,199 |
| Total liabilities | $10,104,818 |
| Net assets without donor restrictions | $4,497,280 |
| Net assets with donor restrictions | $15,283,252 |
| 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 | $29,885,350 |
Grants Awarded
Over the last fiscal year, Chi Health Foundation has awarded $1,664,156 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
CHI NATIONAL HOME CARE PURPOSE: GENERAL SUPPORT | $261,950 |
ALEGENT HEALTH-BERGAN MERCY HEALTH SYSTEM PURPOSE: GENERAL SUPPORT | $311,737 |
ALEGENT HEALTH-IMMANUEL MEDICAL CENTER PURPOSE: GENERAL SUPPORT | $874,347 |
ALEGENT CREIGHTON HEALTH PURPOSE: GENERAL SUPPORT | $216,122 |