Hernando Healthcare Foundation Inc
- Assets
- $1.4m
- Revenue
- $142.4k
- Investments
- $1.3m
- Employees
- 0
- Location
- Brooksville, FL
- Founding
- 01/1990
- Data as of
- 09/2022
- EIN
- 59-2756094
Organization Overview
Hernando Healthcare Foundation Inc is located in Brooksville, FL. The organization was established in 1990. 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. Hernando Healthcare 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 09/2022, Hernando Healthcare Foundation Inc generated $142.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $134.9k during the year ending 09/2022. While expenses have increased by 3.2% per year over the past 5 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.
Since 2015, Hernando Healthcare Foundation Inc has awarded 11 individual grants totaling $394,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Wheeles Secretary | 0 | $0 | |
Kent Eppley Treasurer | 0 | $0 | |
Daniel B Merritt Jr Board Member | 0 | $0 | |
Tricia Bechtelheimer Board Member | 0 | $0 | |
Karen Nicolai Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,549 |
| Dividends & Interest | $27,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $108,305 |
| Capital Gain Net Income | $108,305 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $142,401 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,981 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,438 |
| Total operating and administrative expenses | $29,875 |
| Contributions, gifts, grants paid | $105,000 |
| Total expenses and disbursements | $134,875 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,012 |
| Savings and temporary cash investments | $139,844 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $756 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,444,115 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Hernando Healthcare Foundation Inc has awarded $105,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PHSC FOUNDATION PURPOSE: HEALTH CARE SCHOLARSHIPS & ED EQUIP | $70,000 |
VINCENT ACADEMY PURPOSE: SOCIAL SERVICES | $25,000 |
CHILDREN'S ADVOCACY PURPOSE: SOCIAL SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Capstone Health Services Foundation P C Tuscaloosa, AL | $29,375,344 | $27,823,379 |
St Anthonys Professional Buildings & Services Inc Tampa, FL | $66,592,493 | $24,044,105 |
Houston Healthcare System Inc Warner Robins, GA | $2,831,389 | $10,479,781 |
Montgomery Baptist Outreach Services Corporation Montgomery, AL | $20,272,262 | $12,064,663 |
West Florida Health Home Care Inc Temple Terrace, FL | $9,306,071 | $17,546,584 |
West Georgia Health Foundation Inc Marietta, GA | $8,141,093 | $4,609,093 |
Mount Sinai Medical Center Foundation Inc Miami Beach, FL | $381,873,831 | $56,255,268 |
Baptist Health System Foundation Inc Jacksonville, FL | $315,907,780 | $49,455,199 |
Harry-Anna Investment Fund Inc Umatilla, FL | $366,026,272 | $19,311,670 |
Morton Plant Mease Health Care Foundation Inc Clearwater, FL | $126,171,724 | $8,632,525 |
Ufcw & Employers Health & Welfare T Rust Fund Pembroke Pines, FL | $22,540,829 | $18,806,803 |
Lakeland Regional Medical Center Foundation Inc Lakeland, FL | $42,454,148 | $10,633,675 |