Tennessee Hospital Education & Research Foundation Inc
- Assets
- $1.6m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Brentwood, TN
- Founding
- 07/1965
- Data as of
- 12/2021
- EIN
- 62-0712345
Organization Overview
Tennessee Hospital Education & Research Foundation Inc is located in Brentwood, TN. The organization was established in 1965. According to its NTEE Classification (E20) the organization is classified as: Hospitals, 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. Tennessee Hospital Education & Research 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 12/2021, Tennessee Hospital Education & Research Foundation Inc generated $4.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING EDUCATION AND INFORMATION TO THE PUBLIC AND ITS MEMBERS AND TO SPONSOR VARIOUS HEALTHCARE RELATED WORKSHOPS, CONFERENCES, AND PUBLICATIONS TO IMPROVE QUALITY OF HEALTHCARE STATEWIDE.
Describe the Organization's Program Activity:
THE TENNESSEE HOSPITAL EDUCATION & RESEARCH FOUNDATION, INC. CONDUCTS A VARIETY OF HEALTHCARE RELATED TRAINING EVENTS ALL DESIGNED TO IMPROVE THE QUALITY OF HEALTHCARE STATEWIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Wright VP | Officer | 40 | $0 |
Wendy Long MD MPH President | Officer | 6 | $0 |
Reginald Coopwood MD Board Of Directors | Trustee | 0.1 | $0 |
Paul Korth Board Of Directors | Trustee | 0.1 | $0 |
Wright Pinson MD Board Of Directors | Trustee | 0.1 | $0 |
Joseph Landsman Board Of Directors | Trustee | 0.1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grainger Emergency Response | 12/30/21 | $565,414 |
Athena Gtx Inc Emergency Response | 12/30/21 | $298,332 |
Propac Inc Emergency Response | 12/30/21 | $212,427 |
Motorola Solutions Inc Emergency Response | 12/30/21 | $158,124 |
Ems Innovations Inc Emergency Response | 12/30/21 | $138,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,366,410 |
| 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 | $3,366,410 |
| Total Program Service Revenue | $551,152 |
| Investment income | $33,951 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $77,945 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,029,458 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,250 |
| 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. | $150,052 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $80,907 |
| Pension plan accruals and contributions | $21,909 |
| Other employee benefits | $1,367 |
| Payroll taxes | $15,244 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $17,351 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $258,390 |
| Advertising and promotion | $0 |
| Office expenses | $24,640 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,808 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,544 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $400 |
| Insurance | $57,054 |
| All other expenses | $27,464 |
| Total functional expenses | $4,002,650 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$78,041 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,516 |
| 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 | $46,495 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,546,538 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,622,508 |
| Accounts payable and accrued expenses | $119,597 |
| Grants payable | $0 |
| Deferred revenue | $987,849 |
| 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 | $1,107,446 |
| Net assets without donor restrictions | $470,760 |
| Net assets with donor restrictions | $44,302 |
| 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 | $1,622,508 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tennessee Hospital Education & Research Foundation Inc has recieved totaling $300,000.
| Awarding Organization | Amount |
|---|---|
Tennessee Health Foundation Inc Chattanooga, TN PURPOSE: TN SURGICAL QUALITY COLLABORATIVE | $300,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tanner Medical Center Alabama Inc Carrollton, GA | $31,437,988 | $12,456,019 |
Phoebe Worth Medical Center Inc Sylvester, GA | $18,817,624 | $19,090,060 |
Saint Thomas Hickman Hospital St Louis, MO | $24,134,448 | $16,803,562 |
Virginia Hospital And Healthcare Association Richmond, VA | $19,880,672 | $18,293,974 |
Evans Memorial Hospital Inc Claxton, GA | $10,562,420 | $21,262,869 |
St Vincent Salem Hospital Inc St Louis, MO | $6,956,752 | $21,717,405 |
Lawrence Memorial Health Foundation Walnut Ridge, AR | $19,692,878 | $22,078,590 |
Scott Regional Medical Center Inc Meridian, MS | $54,062,472 | $18,066,730 |
Regional Firstcare Inc Athens, GA | $5,793,232 | $17,787,266 |
Mcgehee Hospital Incorporated Mcgehee, AR | $18,095,185 | $16,226,732 |
Baptist Health Extended Care Hospital-Little Rock Inc Little Rock, AR | $8,041,342 | $11,545,697 |
Jasper Health Services Inc Monticello, GA | $12,062,395 | $19,352,667 |