Healthcomp Foundation
- Assets
- $8.8m
- Revenue
- $1.5m
- Investments
- $8.2m
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 47-5518569
Organization Overview
Healthcomp Foundation is located in Cleveland, OH. The organization was established in 2016. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthcomp Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Healthcomp Foundation has awarded 68 individual grants totaling $2,771,516. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristine Bryan Treasurer | 1 | $0 | |
Danielle Price Chair | 1 | $0 | |
Brian Lane Secretary | 1 | $0 | |
Nazleen Bharmal Director | 1 | $0 | |
Yvonka Hall Director | 1 | $0 | |
Kimalon Dixon Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foundation Management Services | 12/30/21 | $79,188 |
Morgan Stanley Smith Barney | 12/30/21 | $52,933 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $190,977 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,294,686 |
| Capital Gain Net Income | $1,294,686 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,485,663 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $553 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $14,383 |
| Total operating and administrative expenses | $162,660 |
| Contributions, gifts, grants paid | $579,942 |
| Total expenses and disbursements | $742,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $609,971 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,005,355 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,797,287 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Healthcomp Foundation has awarded $579,942 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ADOPTION NETWORK CLEVELAND PURPOSE: GENERAL | $30,000 |
BEECH BROOK PURPOSE: GENERAL | $25,000 |
BLACK LIVES MATTER PURPOSE: GENERAL | $30,000 |
BUILDING HOPE IN THE CITY PURPOSE: GENERAL | $10,000 |
CENTER FOR COMMUNITY SOLUTIONS PURPOSE: GENERAL | $25,000 |
CLEVELAND VOTES PURPOSE: GENERAL | $50,000 |