Northeast Foundation Inc

Organization Overview

Northeast Foundation Inc is located in Concord, NC. The organization was established in 1993. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeast 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 12/2023, Northeast Foundation Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 10.1% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT ATRIUM HEALTH CABARRUS

Describe the Organization's Program Activity:

Part 3 - Line 4a

CABARRUS HEALTHCARE FOUNDATION, INC. (THE "FOUNDATION") WAS ORGANIZED IN 1993 AND IS OPERATED TO EDUCATE CITIZENS ABOUT THE PROGRAMS, SERVICES AND OVERALL NEEDS WITHIN THE STRATEGIC PLAN OF ATRIUM HEALTH CABARRUS (THE "HOSPITAL"). THE FOUNDATION RAISES FUNDS TO SUPPORT THE STRATEGIC PLAN OF THE HOSPITAL THROUGH DIRECT SOLICITATIONS FROM HOSPITAL EMPLOYEES AND PHYSICIANS, AREA INDIVIDUALS, FAMILIES, GRANTORS, AND BUSINESSES, AND SPECIAL FUNDRAISING EVENTS. THE FOUNDATION LEADS ALL DEVELOPMENT PLANNING AND IMPLEMENTATION FOR ATRIUM HEALTH CABARRUS.


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)Compensation
Jon Yancey
Board Member
$0
Dakeita Vanderburg
Board Member
$0
Bob Bratton
Treasurer
$0
Pat Horton
Immediate Past Board Chair
$0
Steve Talbert
Secretary
$0
Ann Cannon
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$110,235
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$876,348
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$986,583
Total Program Service Revenue$0
Investment income $666,481
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,069,332
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,722,396

Peer Organizations

Organization NameAssets
Mid-South Carp Regional Council Health & Welfare Fund
Goodlettsville, TN
$27,039,786
Houston Healthcare System Inc
Warner Robins, GA
$10,479,781
Baptist Memorial Health Care Foundation
Memphis, TN
$67,196,840
North Carolina Agricultural Foundation Inc
Raleigh, NC
$20,780,071
Fauquier Health Foundation
Warrenton, VA
$20,808,855
Trustees Of Medical Services Of Am Inc Empl Health Ben Plan 6 Tr
Lexington, SC
$14,188,531
Foundation Of Firsthealth Inc
Pinehurst, NC
$10,335,371
Le Bonheur Childrens Hospital Foundation
Memphis, TN
$25,371,884
Plumbers And Pipefitters L U 572 Health And Welfare Fund
Goodlettsville, TN
$15,827,005
Virginia Transformer Corp Health Care Benefits Trust
Roanoke, VA
$11,914,144
Fauquier Hospital Endowment Fund Under Trust Agreement With Dated 1
Charlottesville, VA
$393,399
Plumbers And Steamfitters Union 10 Health And Welfare Fund
Goodlettsville, TN
$9,771,623
Medical Society Of S C
Charleston, SC
$46,820,067
Hospice Of The South Inc
Chattanooga, TN
$0
Virginia Hospital Research And Education Foundation
Richmond, VA
$8,145,300
Steamfitters Local Union No 614 Health And Welfare Fund
Goodlettsville, TN
$8,309,019
Centra Health Foundation
Lynchburg, VA
$4,025,165
Conway Hospital Emergency Professional Services
Conway, SC
$5,283,471
Medical Society Of Virginia Foundation
Richmond, VA
$7,384,172
Tidewater Electrical Industry Health Fund
Norfolk, VA
$5,901,561
Wellspring Foundation Of Southwest Virginia
Abingdon, VA
$27,149,953
Southeastern Pipetrades Health And Welfare Fund
Goodlettsville, TN
$10,267,569
Moses Cone-Wesley Long Community Health Foundation Inc
Greensboro, NC
-$6,773,086
Shreveport Electrical Health & Welfare Fund
Goodlettsville, TN
$6,827,668
Richmond Memorial Health Foundation
Richmond, VA
$4,294,615

Create an account to unlock the data you need.

or