Chester River Health Foundation Inc
- Assets
- $7.9m
- Revenue
- $846.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Chestertown, MD
- Founding
- 01/1985
- Data as of
- 06/2021
- EIN
- 52-1338861
Organization Overview
Chester River Health Foundation Inc is located in Chestertown, MD. The organization was established in 1985. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chester River Health 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 06/2021, Chester River Health Foundation Inc generated $846.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $550.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chester River Health Foundation Inc has awarded 16 individual grants totaling $2,767,039. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTS CHESTER RIVER HOSPITAL CENTER (CRHC) AND CHESTER RIVER HOME CARE. CHESTER RIVER HEALTH FOUNDATION SUPPORTS: - CRHC IN PROVIDING COMPASSIONATE, HIGH-QUALITY AND COST-EFFECTIVE HEALTH CARE FOR THE PEOPLE IN OUR COMMUNITY. - CRHC IN SUPPORT OF THE HIGHEST PRIORITY EQUIPMENT, TECHNOLOGY AND PROJECTS.
CRHF SUPPORTS AND ASSISTS EMPLOYEES DURING THE COVID PANDEMIC THROUGH SRH EMPLOYEE EMERGENCY ASSISTANCE FUND.
EMPLOYEE EDUCATIONAL SCHOLARSHIP PROGRAM - CRHF HOSTS SCHOLARSHIP FUNDS FOR CHESTERTOWN BASED EMPLOYEES SEEKING FIRST TIME CERTIFICATIONS AND ADVANCED COLLEGE DEGREES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $94,345 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $417,634 |
| Noncash contributions included in lines 1a–1f | $168,529 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $561,979 |
| Total Program Service Revenue | $0 |
| Investment income | $64,591 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $230,873 |
| Net Income from Fundraising Events | -$10,632 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $846,811 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $284,779 |
| Grants and other assistance to domestic individuals. | $1,404 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $19 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,355 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,451 |
| Office expenses | $25,623 |
| Information technology | $9,630 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $550,562 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,159,924 |
| Savings and temporary cash investments | $1,015,169 |
| Pledges and grants receivable | $2,475 |
| 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 | $5,691,588 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,869,156 |
| Accounts payable and accrued expenses | $442 |
| 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 | $33,954 |
| Total liabilities | $34,396 |
| Net assets without donor restrictions | $2,803,946 |
| Net assets with donor restrictions | $5,030,814 |
| 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 | $7,869,156 |
Grants Awarded
Over the last fiscal year, Chester River Health Foundation Inc has awarded $284,779 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Chestertown, MD PURPOSE: Program Service Support | $273,779 |
Easton, MD PURPOSE: Program Service Support | $11,000 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Chester River Health Foundation Inc has recieved totaling $42,787.
| Awarding Organization | Amount |
|---|---|
Thomas H & Barbara W Gale Foundation Cleveland, OH PURPOSE: HEMATOLOGY ANALYZER | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $10,251 |
Fordi Family Foundation Inc Annapolis, MD PURPOSE: TO FOSTER & SUPPORT DONEE'S CHARITABLE MANDATE | $5,000 |
Jana Fund Portland, ME PURPOSE: HEALTH | $2,000 |
The George And Ruth Harms Foundation Inc Farmingdale, NJ PURPOSE: 2021 GOLF OUTING SPONSOR | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Endowment Analysis
| Beg. Balance | $1,296,011 |
| Ending Balance | $1,296,011 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gilchrist Hospice Care Inc Hunt Valley, MD | $253,059,134 | $92,090,407 |
Hospice & Community Care Lancaster, PA | $68,034,775 | $44,243,514 |
Hospice Of The Chesapeake Pasadena, MD | $32,379,002 | $43,457,611 |
Wissahickon Hospice Of Uphs Bala Cynwyd, PA | $7,765,486 | $33,958,744 |
Visiting Nurse Association Of Saint Lukes-Home Health-Hospice Inc Allentown, PA | $23,513,920 | $38,716,311 |
Montgomery Hospice Inc Rockville, MD | $47,002,540 | $34,846,951 |
Delaware Hospice Inc Newark, DE | $51,693,822 | $31,723,303 |
Kanawha Hospice Care Inc Charleston, WV | $25,711,521 | $31,083,749 |
Hospice Of The Piedmont Inc Charlottesville, VA | $26,519,312 | $25,324,976 |
Blue Ridge Hospice Inc Winchester, VA | $12,389,536 | $22,906,674 |
Coastal Hospice Inc Salisbury, MD | $16,507,297 | $18,108,346 |
Hospice Of Central Pennsylvania Harrisburg, PA | $19,235,659 | $15,108,121 |