Journey Health Foundation
- Assets
- $115.4m
- Revenue
- $15.6m
- Investments
- $0.0
- Employees
- 4
- Location
- Chattanooga, TN
- Founding
- 05/1981
- Data as of
- 12/2023
- EIN
- 58-1426458
Organization Overview
Journey Health Foundation is located in Chattanooga, TN. The organization was established in 1981. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2023, Journey Health Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Journey Health 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 12/2023, Journey Health Foundation generated $15.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $3.3m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (23.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2023, Journey Health Foundation has awarded 11 individual grants totaling $1,610,500. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
HELP BUILD BOLD, DATA-DRIVEN SYSTEMS AND SOLUTIONS THAT PROMOTE HEALTHY COMMUNITIES FOR ALL
Describe the Organization's Program Activity:
Part 3 - Line 4a
JOURNEY HEALTH FOUNDATION ("JHF") INVESTS IN A WIDE RANGE OF COMMUNITY HEALTH INITIATIVES, SPECIFICALLY THOSE THAT CAN ADDRESS LONG-STANDING DISPARITITES THROUGHOUT GREATER CHATTANOOGA. JHF ACCOMPLISHES THIS BY TAKING A DATA-DRIVEN APPROACH TO FINDING AND FUNDING PROJECTS THAT MAY INCLUDE HEALTH CARE SERVICES AS WELL AS ACCESS TO FOOD, AFFORDABLE HOUSING, TRANSPORTATION AND OTHER CRITICAL RESOURCES.
JOURNEY HEALTH FOUNDATION ENTERED INTO AN AGENCY SERVICE AGREEMENT WITH CARE HOSPICE, INC. ("CARE"). CARE PROVIDES HOSPICE, PALLIATIVE, AND RELATED SERVICES TO PATIENTS AND FAMILIES IN MULTIPLE LOCATIONS IN THE UNITED STATES AND RECEIVES REQUESTS TO DONATE FUNDS FROM FAMILIES, EMPLOYEES, AND OTHER DONORS FOR THE SUPPORT OF HOSPICE RELATED USES AND PURPOSES. UNDER THE TERMS OF THE AGREEMENT, THE ORGANIZATION WILL SERVE AS THE RECEIVING AGENT OF CONTRIBUTIONS FROM SUCH DONORS. THE ORGANIZATION WILL, FROM ACCUMULATED CONTRIBUTIONS RECEIVED, MAKE DISTRIBUTIONS ONCE PER MONTH, OR AS DIRECTED IF A SIGNIFICANT ONE-TIME LUMP SUM DISTRIBUTION, TO SUPPORT HOSPICE AND/OR PALLIATIVE CARE ADVOCACY AND EDUCATION, HOSPICE PATIENT FAMILIES IN NEED, HOSPICE NURSING FINANCIAL ASSISTANCE AND OTHER RELATED PURPOSES. THE ORGANIZATION WILL RECEIVE AN ADMINISTRATIVE FEE OF TEN PERCENT OF ALL CONTRIBUTIONS RECEIVED FOR SUCH SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Newton Chair | OfficerTrustee | 1 | $0 |
Dana Perry Trustee | Trustee | 1 | $0 |
Daisy Maurya-Ballard Trustee | Trustee | 1 | $0 |
Helen Pinkerton MPH Trustee | Trustee | 1 | $0 |
Sister Judy Raley Trustee | Trustee | 1 | $0 |
Bill Stiles Trustee | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chambliss Bahner & Stophel Pc Legal Services | 12/30/23 | $218,137 |
Four Bridges Solutions Llc Consulting | 12/30/23 | $133,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $8,012,302 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $181,102 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,193,404 |
| Total Program Service Revenue | $17,790 |
| Investment income | $6,696,460 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,371 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,626,248 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,663,358 |
| Grants and other assistance to domestic individuals. | $7,485 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $581,808 |
| Compensation of current officers, directors, key employees. | $518,726 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $151,288 |
| Pension plan accruals and contributions | $5,939 |
| Other employee benefits | $19,583 |
| Payroll taxes | $38,402 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $126,149 |
| Fees for services: Accounting | $45,961 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $322,596 |
| Fees for services: Other | $88,929 |
| Advertising and promotion | $27,650 |
| Office expenses | $71,426 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $30,573 |
| 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 | $3,875 |
| Insurance | $71,083 |
| All other expenses | $60,000 |
| Total functional expenses | $3,316,105 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,884 |
| Savings and temporary cash investments | $942,382 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $260,926 |
| 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 | $147,776 |
| Net Land, buildings, and equipment | $3,688 |
| Investments—publicly traded securities | $114,033,137 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $115,389,793 |
| Accounts payable and accrued expenses | $830,053 |
| 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 | $0 |
| Total liabilities | $830,053 |
| Net assets without donor restrictions | $114,405,220 |
| Net assets with donor restrictions | $154,520 |
| 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 | $115,389,793 |
Grants Awarded
Over the last fiscal year, Journey Health Foundation has awarded $1,610,500 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF CHATTANOOGA FOUNDATION INC PURPOSE: NURSING PROGRAM | $1,500,000 |
CHATTANOOGA CHAMBER FOUNDATION PURPOSE: PROGRAM SUPPORT | $9,500 |
AIM CENTER PURPOSE: ESPERO PROJECT | $10,000 |
CHATT FOUNDATION PURPOSE: PROGRAM SUPPORT | $10,000 |
PARTNERSHIP FOR FAMILIES CHILDREN & ADULTS PURPOSE: PROGRAM SUPPORT | $15,000 |
LIFE SPRING COMMUNITY HEALTH PURPOSE: PROGRAM SUPPORT | $10,000 |