Howard Hospital Foundation Inc
- Assets
- $17.4m
- Revenue
- $6.3m
- Investments
- $6.9m
- Employees
- 6
- Location
- Baltimore, MD
- Founding
- 11/1976
- Data as of
- 06/2022
- EIN
- 52-1072778
Organization Overview
Howard Hospital Foundation Inc is located in Baltimore, MD. The organization was established in 1976. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 06/2022, Howard Hospital Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Howard Hospital Foundation 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 06/2022, Howard Hospital Foundation Inc generated $6.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING ORGANIZATION OF HOWARD COUNTY GENERAL HOSPITAL
Describe the Organization's Program Activity:
THE CLAUDIA MAYER TINA BROCCOLINO CANCER RESOURCE CENTER AT HOWARD COUNTY GENERAL HOSPITAL OFFERS HOPE AND A COMPREHENSIVE ARRAY OF SUPPORT AND SERVICES TO CANCER PATIENTS, THEIR FAMILIES AND CAREGIVERS, REGARDLESS OF WHERE A PERSON RECEIVES THEIR TREATMENT.
THE HONOR A CAREGIVER PROGRAM SUPPORTS THE HEALTH AND WELL-BEING OF THE HOWARD COUNTY GENERAL HOSPITAL STAFF, PROVIDING THE RESOURCES AND CARE THEY NEED AS THEY CARE FOR PATIENTS. WITH THE GENEROUS SUPPORT OF OUR COMMUNITY, WE HAVE PROVIDED OUR STAFF WITH MEALS, CARE PACKAGES, STRESS RELIEF KITS, STAFF RESPITE AREAS, SEATED MASSAGES, AN ON SITE FOOD PANTRY, AND STAFF SCHOLARSHIPS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mohammed Shafeeq Ahmed MD President, Trustee | OfficerTrustee | 1 | $0 |
Claro Pio Roda Treasurer, Trustee | OfficerTrustee | 1 | $0 |
Elizabeth Edsall Kromm Vice President Development, Coo, Trustee | OfficerTrustee | 1 | $0 |
Jennifer Smith Trustee | Trustee | 60 | $0 |
Marcia Boyle Trustee, 1st Chair | Trustee | 1 | $0 |
Margaret Kim Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $353,925 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,994,491 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,348,416 |
| Total Program Service Revenue | $0 |
| Investment income | $194,287 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,798,665 |
| Net Income from Fundraising Events | -$67,542 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,273,826 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,522,825 |
| Grants and other assistance to domestic individuals. | $77,172 |
| 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 | $468,769 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $133,064 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,843 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $35,490 |
| Fees for services: Other | $11,940 |
| Advertising and promotion | $2,510 |
| Office expenses | $25,936 |
| Information technology | $1,293 |
| Royalties | $0 |
| Occupancy | $26,628 |
| Travel | $2,961 |
| 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 | $1,500 |
| All other expenses | $0 |
| Total functional expenses | $2,590,799 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,719,403 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,883,938 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $58,000 |
| 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 | $6,893,908 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,878,636 |
| Total assets | $17,433,885 |
| 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 | $149,528 |
| Total liabilities | $149,528 |
| Net assets without donor restrictions | $8,634,233 |
| Net assets with donor restrictions | $8,650,124 |
| 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 | $17,433,885 |
Grants Awarded
Over the last fiscal year, Howard Hospital Foundation Inc has awarded $1,857,834 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
HOWARD COUNTY GENERAL HOSPITAL PURPOSE: BOARD DESIGNATED CMTBCRC | $157,277 |
HOWARD COUNTY GENERAL HOSPITAL PURPOSE: HCGH UNDESIGNATED PUBLIC CHARITY | $750,000 |
HOWARD COUNTY GENERAL HOSPITAL PURPOSE: ROSE MAYR SCHOLARSHIP | $12,000 |
HOWARD COUNTY GENERAL HOSPITAL PURPOSE: NURSING SCHOLARSHIP | $9,640 |
HOWARD COUNTY GENERAL HOSPITAL PURPOSE: BOARD DESIGNATED CMTBCRC | $157,277 |
HOWARD COUNTY GENERAL HOSPITAL PURPOSE: HCGH UNDESIGNATED PUBLIC CHARITY | $750,000 |