Carteret County General Hospital Foundation Corporation

Organization Overview

Carteret County General Hospital Foundation Corporation, operating under the name Carteret Health Care Foundation, is located in Morehead City, NC. The organization was established in 1995. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Carteret Health Care Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carteret Health Care 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 09/2021, Carteret Health Care Foundation generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $569.5k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FOR PROMOTION AND SUPPORT OF CARTERET GENERAL HOSPITAL

Describe the Organization's Program Activity:

Part 3 - Line 4a

GROWING AND SUPPORTING EXCELLENCE IN HEALTHCARE.WE CONTRIBUTED TO THE EXPENSES OF THE CARTERET MEDICAL GROUP WEST AND THE CARTERET HEALTH CARE CANCER CENTER. WE ALSO PAID EXPENSES FOR BOTH CANCER AND HOSPICE PATIENTS WHO COULD NOT AFFORD SOME OF THE EXPENSES THEMSELVES. CHC FOUNDATION ALSO RAISED FUNDS THAT PURCHASED A UVC LIGHT EMITTING ROBOT FOR CARTERET HEALTH CARE. FUNDS FOR THE GALA FUNDRAISER WENT TOWARDS THE HOSPITAL'S CARDIAC SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Susan Collins
Executive Director
$0
Dawn Carter
Chairman
$0
Harvey Case
CEO
$0
William Rogers
Treasurer
$0
Carol Basnight
Vice Chair
$0
Jean Caldwell
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$130,233
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$574,811
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$705,044
Total Program Service Revenue$0
Investment income $9,321
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,399,409
Net Income from Fundraising Events -$175
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,113,599

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Carteret County General Hospital Foundation Corporation has recieved totaling $25,000.

Awarding OrganizationAmount
Crystal Coast Tournament Inc

Morehead City, NC

PURPOSE: TO PROVIDE FUNDS TO ASSIST WITH THE PURCHASE OF A MEDICAL MOBILE UNIT

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$6,895,768
Earnings$1,095,687
Net Contributions$705,044
Other Expense$450,385
Ending Balance$8,246,114

Peer Organizations

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