Hudson Headwaters Health Foundation Inc
- Assets
- $4.0m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Queensbury, NY
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 65-1261242
Organization Overview
Hudson Headwaters Health Foundation Inc is located in Queensbury, NY. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hudson Headwaters Health 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, Hudson Headwaters Health Foundation Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $910.8k during the year ending 12/2021. 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
TO PROVIDE ADDITIONAL FINANCIAL RESOURCES TO HUDSON HEADWATERS HEALTH NETWORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE GRANTS AND GIFTS TO HUDSON HEADWATERS HEALTH NETWORK TO PROMOTE HEALTHCARE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Tucker PHD Vice President | OfficerTrustee | 1 | $0 |
Fred Alexy Treasurer | OfficerTrustee | 1 | $0 |
James Himoff President | OfficerTrustee | 1 | $0 |
Jo-Ann Rapaport Secretary | OfficerTrustee | 1 | $0 |
Thomas Kershner Outgoing Treasurer | OfficerTrustee | 1 | $0 |
Christopher Tournier Executive VP Of Finance | Officer | 1 | $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 | $1,207,754 |
| Noncash contributions included in lines 1a–1f | $50,892 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,207,754 |
| Total Program Service Revenue | $0 |
| Investment income | $18,297 |
| 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 | $1,226,051 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $559,256 |
| 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 | $250,193 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,814 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $51,220 |
| Information technology | $25,150 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $294 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,314 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $910,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,145,802 |
| Pledges and grants receivable | $502,724 |
| 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 | $2,996 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,325,293 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,976,815 |
| Accounts payable and accrued expenses | $146,857 |
| 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 | $0 |
| Total liabilities | $146,857 |
| Net assets without donor restrictions | $1,734,854 |
| Net assets with donor restrictions | $2,095,104 |
| 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 | $3,976,815 |
Grants Awarded
Over the last fiscal year, Hudson Headwaters Health Foundation Inc has awarded $891,200 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Queensbury, NY PURPOSE: TO PROMOTE HEALTHCARE SERVICES. | $866,490 |
Glens Falls, NY PURPOSE: HELP SUSTAIN THE SUMMER LITERACY CAMP "NO MORE LEARNING GAP." | $10,000 |
Glens Falls, NY PURPOSE: HELP DEVELOP AND IMPLEMENT STEP 4 OF THE GROWTH TRACK FRAMEWORK. | $7,500 |
TOWN OF CHESTER PURPOSE: SUPPORT PHASE II OF THE REGIONAL WELLENESS CENTER PROJECT. | $7,210 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Hudson Headwaters Health Foundation Inc has recieved totaling $247,000.
| Awarding Organization | Amount |
|---|---|
Charles R Wood Foundation Wilmington, DE PURPOSE: MOBILE HEALTH PROGRAM | $200,000 |
Adirondack Foundation Lake Placid, NY PURPOSE: FOR MOBILE HEALTH VAN | $25,000 |
J M Mcdonald Foundation Inc Wilmington, DE PURPOSE: HUDSON HEADWATERS MOBILE HEALTH UNIT | $10,000 |
Price Choppers Golub Foundation Schenectady, NY PURPOSE: GENERAL SUPPORT/CAPITAL CAMPAIGN | $9,000 |
Kinney Drugs Foundation Inc Gouverneur, NY PURPOSE: SPONSORSHIP OF BUSINESS DONOR PROGRAM | $2,500 |
Commonwealth Fund New York, NY PURPOSE: MATCHING GIFT FOR GENERAL OPERATING SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bny Mellon Charitable Gift Fund Boston, MA | $342,614,894 | $208,280,795 |
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Greater Hartford Community Foundation Inc Hartford, CT | $8,414,279 | $22,150,705 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |