Southeastern Healthcare Foundation
- Assets
- $16.5m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Gainesville, FL
- Founding
- 03/1984
- Data as of
- 06/2022
- EIN
- 59-2357609
Organization Overview
Southeastern Healthcare Foundation is located in Gainesville, FL. The organization was established in 1984. 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. Southeastern Healthcare 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 06/2022, Southeastern Healthcare Foundation generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.3% each year . All expenses for the organization totaled $4.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SOUTHEASTERN HEALTHCARE FOUNDATION, INC. SUPPORTS THE MISSION OF SHANDS TEACHING HOSPITAL AND CLINICS, INC ("STHC") AND THE UNIVERSITY OF FLORIDA COLLEGE OF MEDICINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOUTHEASTERN HEALTHCARE FOUNDATION, INC. PROVIDES AID AND SUPPORT TO SHANDS TEACHING HOSPITAL AND CLINICS, INC ("STHC"), A RELATED TAX-EXEMPT ORGANIZATION, TO HELP STHC FURTHER ITS MISSION OF IMPROVING INDIVIDUAL AND COMMUNITY HEALTH THROUGH DISCOVERY, CLINICAL AND TRANSLATIONAL SCIENCE AND TECHNOLOGY, EXCEPTIONAL EDUCATION, AND PATIENT-CENTERED, INNOVATIVE, HIGH-QUALITY HEALTH CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Secretary/director/sthc VP Facilities Development | OfficerTrustee | 0.5 | $0 |
Name Not Listed President/director/uf SVP Health Affairs | OfficerTrustee | 0.5 | $0 |
Name Not Listed Chairman/director/ceo Shands Teaching Hospital & Clinics | OfficerTrustee | 0.5 | $0 |
Name Not Listed Svp/cfo/treasurer/director | OfficerTrustee | 0.5 | $0 |
Name Not Listed Director/uf SVP And CFO | Trustee | 0.5 | $0 |
Name Not Listed Director/uf College Of Medicine Dean | Trustee | 0.5 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,210,420 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,210,420 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,578,489 |
| Advertising and promotion | $0 |
| Office expenses | $60,436 |
| Information technology | $2,200 |
| Royalties | $0 |
| Occupancy | $82,964 |
| Travel | $324 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,171 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,210,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,482,720 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $27,751 |
| Total assets | $16,510,471 |
| Accounts payable and accrued expenses | $2,104,048 |
| 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 | $11,309,719 |
| Total liabilities | $13,413,767 |
| Net assets without donor restrictions | $3,096,704 |
| Net assets with donor restrictions | $0 |
| 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 | $16,510,471 |