Florida Hospital Association Research And Education Foundation
- Assets
- $5.4m
- Revenue
- $205.0k
- Investments
- $4.8m
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 05/1964
- Data as of
- 12/2021
- EIN
- 59-6151162
Organization Overview
Florida Hospital Association Research And Education Foundation is located in Tallahassee, FL. The organization was established in 1964. 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. Florida Hospital Association Research And Education 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 12/2021, Florida Hospital Association Research And Education Foundation generated $205.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $99.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PREPARES AND PRESENTS EDUCATIONAL SEMINARS TO HOSPITAL PROFESSIONAL PERSONNEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESENTS SEMINARS, TEACHING PROGRAMS, HOSPITAL LECTURE SERIES AND EDUCATIONAL FILMS/VIDEOS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bo Boulenger Chair-Elect/vp | OfficerTrustee | 3 | $0 |
Gino Santorio Treasurer | OfficerTrustee | 3 | $0 |
Tom Vanosdol Chair | OfficerTrustee | 3 | $0 |
Mary Mayhew President/ceo Of Fha | Officer | 5 | $0 |
James Miller Jr Sr VP Fin & Op - Fha | Officer | 5 | $0 |
Robert Bridges Trustee | Trustee | 2 | $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 | $30,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,000 |
| Total Program Service Revenue | $29,436 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $57,999 |
| 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 | $3,044 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $204,971 |
| 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 | $4,734 |
| Advertising and promotion | $0 |
| Office expenses | $868 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,511 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,967 |
| All other expenses | $0 |
| Total functional expenses | $99,001 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $491,142 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $180 |
| 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 | $7,116 |
| Net Land, buildings, and equipment | $9,991 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $4,842,957 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,351,386 |
| Accounts payable and accrued expenses | $7,550 |
| 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 | $938,721 |
| Total liabilities | $946,271 |
| Net assets without donor restrictions | $4,305,176 |
| Net assets with donor restrictions | $99,939 |
| 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 | $5,351,386 |
Grants Awarded
Over the last fiscal year, Florida Hospital Association Research And Education Foundation has awarded $140,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Marianna, FL PURPOSE: HURRICANE MICHAEL RELIEF | $20,000 |
SACRED HEART HOSPITAL ON THE GULF PURPOSE: HURRICANE MICHAEL RELIEF | $20,000 |
BAY MEDICAL SACRED HEART PURPOSE: HURRICANE MICHAEL RELIEF | $20,000 |
Blountstown, FL PURPOSE: HURRICANE MICHAEL RELIEF | $20,000 |
ENCOMPASS HEALTH REHAB PANAMA CITY PURPOSE: HURRICANE MICHAEL RELIEF | $20,000 |
SACRED HEART EMERALD COAST PURPOSE: HURRICANE MICHAEL RELIEF | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Hospital Association Research And Education Foundation has recieved totaling $125,000.
| Awarding Organization | Amount |
|---|---|
Runway To Hope Inc Orlando, FL PURPOSE: PEDIATRIC ONCOLOGY FLOOR RENOVATION | $125,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mesa Associates Group Health Employee Benefit Plan And Trust Madison, AL | $0 | $9,806,001 |
Miami Children's Health System Foundation Inc Miami, FL | $0 | $13,756,126 |
United Assn Of Journeymen & Apprntc Jacksonville, FL | $24,245,042 | $13,413,319 |
Franciscan Properties Inc Tampa, FL | $70,641,023 | $8,080,020 |
Tidewell Foundation Inc Sarasota, FL | $72,881,650 | $51,537,785 |
The Huntsville Hospital Foundation Inc Huntsville, AL | $34,058,246 | $10,525,778 |
Tractor & Equipment Health Care Trust Birmingham, AL | $6,661,957 | $7,506,239 |
United Food And Commercial Workers Local 1625 And Employers Health An Pembroke Pines, FL | $4,072,192 | $9,085,867 |
Orlando Health Foundation Inc Orlando, FL | $213,777,339 | $32,299,852 |
Ocean Reef Chapel Foundation Inc Key Largo, FL | $12,812,023 | $8,861,720 |
Douglas Gardens Home Care Inc Miami, FL | $4,331,132 | $5,797,202 |
Brrh Corporation Inc Boca Raton, FL | $159,155,166 | $618,623 |