Bridgewater Healthcare Foundation Inc

Organization Overview

Bridgewater Healthcare Foundation Inc is located in Bridgewater, VA. The organization was established in 1983. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 09/2023, Bridgewater Healthcare Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bridgewater Healthcare 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 09/2023, Bridgewater Healthcare Foundation Inc generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $2.8m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Bridgewater Healthcare Foundation Inc has awarded 27 individual grants totaling $14,271,001. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT ORGANIZATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDRAISING, PUBLICATIONS, AND PUBLIC RELATIONS SUPPORT FOR THREE RELATED EXEMPT ORGANIZATIONS


PROVIDES GIFT SHOP AND THRIFT SHOP ON CAMPUS FOR THE BENEFIT OF RESIDENT ENGAGEMENT AND SUPPORT FOR THREE RELATED EXEMPT ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Rodney Alderfer
President & CEO
$0
James Weaver
Treasurer
$0
Carolyn Budd
Vice President
$106,625
Tammy Jordan
Secretary
$53,691
Theodore Flory
Director
$0
Stephan Hess
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,219,080
Noncash contributions included in lines 1a–1f $22,385
Total Revenue from Contributions, Gifts, Grants & Similar$1,219,080
Total Program Service Revenue$10,905
Investment income $1,971,872
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,264,035
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,937,822

Grants Awarded

Over the last fiscal year, Bridgewater Healthcare Foundation Inc has awarded $2,009,904 in support to 3 organizations.

Grant RecipientAmount

BRIDGEWATER HEALTHCARE INC

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$22,282

BRIDGEWATER HOME INC

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|

$1,312,386

BRIDGEWATER VILLAGE INC

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$675,236
View Grant Profile

Peer Organizations

Organization NameAssets
Juniper Health Inc
Beattyville, KY
$20,258,566
North Carolina Community Health Center Association
Raleigh, NC
$21,019,340
Western Maryland Health Care Corporation
Oakland, MD
$17,755,859
Henderson County Health Care Corporation
Henderson, KY
$18,504,236
Maryland Medicine P A
Baltimore, MD
$15,985,943
Abingdon Physician Partners
Johnson City, TN
$14,207,933
Kuumba Community Health & Wellness Center Inc
Roanoke, VA
$14,559,995
Newport News General & Nonsectarian Hospital Assoc Inc
Newport News, VA
$15,289,932
Harrisonburg Community Health Center Inc
Harrisonburg, VA
$13,780,774
Gastrointestinal Specialists Foundation Inc
Memphis, TN
$7,828,401
Community Access Network Inc
Lynchburg, VA
$11,382,299
Kvc Behavioral Healthcare West Virginia Inc
Charleston, WV
$10,831,146
Triad Health Systems Inc
Warsaw, KY
$10,016,182
University Of Maryland Upper Chesapeake Health System Inc
Bel Air, MD
$10,125,280
Memorial Foundation Inc
Hendersonville, TN
$10,339,105
Charlotte Community Health Clinic Inc
Charlotte, NC
$8,361,945
The Urban Child Institute
Memphis, TN
$23,035,901
Granville Health Inc
Oxford, NC
$8,033,458
Vandalia Health Inc
Charleston, WV
$5,156,211
Montgomery County Collaboration Council
Rockville, MD
$5,705,798
Frederick Health Inc
Frederick, MD
$2,777,803
Health Industry Distributors Association
Alexandria, VA
$4,380,391
Mid-Valley Healthcare Inc
Wheeling, WV
$3,750,883
Curae Health Inc
Clinton, TN
$4,382,300
Hutsonwood Inc
Nashville, TN
$6,868,935

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