Sierra Health Foundation
- Assets
- $61.4m
- Revenue
- $9.1m
- Investments
- $54.3m
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 04/1986
- Data as of
- 12/2021
- EIN
- 68-0050036
Organization Overview
Sierra Health Foundation is located in Sacramento, CA. The organization was established in 1986. According to its NTEE Classification (E70) the organization is classified as: Public Health, 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. Sierra Health 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, Sierra Health Foundation generated $9.1m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $12.5m during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 3 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 2020, Sierra Health Foundation has awarded 262 individual grants totaling $12,402,128. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVING HEALTH AND QUALITY OF LIFE - THIS BROAD PROGRAM CATEGORY FOCUSES ON IMPROVING HEALTH EQUITY AND REDUCING HEALTH DISPARITIES TO PROMOTE HEALTH AND WELL-BEING FOR ALL. THIS IS ACCOMPLISHED IN A VARIETY OF WAYS, INCLUDING THE DEVELOPMENT OF COLLABORATIVE COMMUNITY COALITIONS, LEARNING INSTITUTES, AND EVALUATION AND DISSEMINATION OF KNOWLEDGE. PROGRAMS ALSO FOCUS ON MENTAL HEALTH AWARENESS AND RESPITE, REDUCING THE DISPROPORTIONATE CAUSES OF DEATH AMONG AFRICAN AMERICAN CHILDREN, SUPPORT FOR COMMUNITY COALITIONS WORKING TO IMPROVE HEALTH AND WORKPLACE WELLNESS.
PUBLIC POLICY AND EDUCATION PROGRAM - THIS PROGRAM CATEGORY PROMOTES BETTER-INFORMED POLICY DISCOURSE WITH A FOCUS ON HEALTH EQUITY, AND CAPTURES AND DISSEMINATES LESSONS LEARNED FROM GRANTEES. STAFF ACHIEVES PROGRAM OBJECTIVES THROUGH PARTNERSHIPS, RESEARCH, PUBLIC EDUCATION AND GRANT MAKING.PROGRAMS WITHIN THIS CATEGORY ALSO FOCUS ON HEALTH AND RACIAL EQUITY, AND WORK TO BUILD MOMENTUM AND PUBLIC AWARENESS TO ADDRESS THE SYSTEMIC BARRIERS THAT LIMIT ACCESS TO OPPORTUNITY FOR UNDERSERVED POPULATIONS.
NONPROFIT HEALTH SECTOR DEVELOPMENT - PROGRAMS IN THIS CATEGORY SUPPORT LEADERSHIP DEVELOPMENT AND CAPACITY BUILDING TO CREATE A MORE VIBRANT AND DIVERSE NONPROFIT SECTOR. SPECIFICALLY, PROGRAMS SUPPORT CAPACITY BUILDING AND LEADERSHIP DEVELOPMENT ACTIVITIES FOR CURRENT AND EMERGING NONPROFIT AND PUBLIC LEADERS, AND NONPROFIT ORGANIZATIONS LED BY PEOPLE OF COLOR. THE FOUNDATION ALSO HELPS NONPROFIT ORGANIZATIONS AND PUBLIC AGENCIES ACHIEVE THEIR OBJECTIVES BY PROVIDING A VENUE FOR EDUCATION AND TRAINING, NONPARTISAN DEBATE AND COLLABORATION.
SAN JOAQUIN VALLEY HEALTH FUND - THE SAN JOAQUIN VALLEY HEALTH FUND STRENGTHENS THE CAPACITY OF COMMUNITIES AND ORGANIZATIONS IN THE SAN JOAQUIN VALLEY TO IMPROVE HEALTH AND WELL-BEING BY ADVANCING PROGRAMS AND POLICY CHANGES THAT PROMOTE COMMUNITY HEALTH AND HEALTH EQUITY FOR ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chet P Hewitt President & CEO | 40 | $558,241 | |
Gilbert Alvarado Through 62022 Executive Vp/coo | 40 | $193,844 | |
Beatrix Koev Chief Financial Officer | 40 | $175,836 | |
David W Gordon Director | 1.1 | $16,760 | |
Debra Mckenzie Chair | 1.1 | $16,760 | |
Jose R Hermocillo Vice Chair | 1.1 | $22,560 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Armanino | 12/30/22 | $500,595 |
Gilbert Associates Inc | 12/30/22 | $157,200 |
Afineol It Consulting | 12/30/22 | $267,906 |
Ak Mechanical Inc | 12/30/22 | $155,425 |
Tevis Hr | 12/30/22 | $109,722 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $275,841 |
| Interest on Savings | $0 |
| Dividends & Interest | $576,336 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,668,644 |
| Capital Gain Net Income | $3,090,967 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,564,907 |
| Total Revenue | $9,085,728 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $845,746 |
| Other employee salaries and wages | $4,613,157 |
| Pension plans, employee benefits | $1,228,478 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $328,893 |
| Occupancy | $225,966 |
| Travel, conferences, and meetings | $83,129 |
| Printing and publications | $100,291 |
| Other expenses | $172,517 |
| Total operating and administrative expenses | $7,990,137 |
| Contributions, gifts, grants paid | $4,463,525 |
| Total expenses and disbursements | $12,453,662 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $523,611 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $90,219 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $229,164 |
| Investments—mortgage loans | $0 |
| Investments—other | $18,408,689 |
| Net Land, buildings, and equipment | $5,373,586 |
| Other assets | $822,029 |
| Total assets | $61,368,491 |
| Accounts payable and accrued expenses | $506,348 |
| Grants payable | $104,534 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $5,612,392 |
| Other liabilities | $84,006 |
| Total liabilities | $6,307,280 |
Grants Awarded
Over the last fiscal year, Sierra Health Foundation has awarded $3,424,404 in support to 151 organizations.
| Grant Recipient | Amount |
|---|---|
SHF PROPERTIES PURPOSE: TO PROVIDE GENERAL SUPPORT | $25 |
CENTER FOR HEALTH PROGRAM MANAGEMENT PURPOSE: TO PROVIDE GENERAL SUPPORT | $525,000 |
IMPROVE YOUR TOMORROW PURPOSE: TO PROVIDE GENERAL SUPPORT | $15,000 |
SILICON VALLEY COMMUNITY FOUNDATION PURPOSE: TO PROVIDE GENERAL SUPPORT | $200,000 |
COLOUR OF MUSIC INC PURPOSE: PUBLIC POLICY | $25,000 |
BALL-OUT ACADEMY INC PURPOSE: TO PROVIDE GENERAL SUPPORT | $5,000 |