Community Hospital Foundtion Inc
- Assets
- $1.5m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Junction, CO
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 74-2576856
Organization Overview
Community Hospital Foundtion Inc is located in Grand Junction, CO. The organization was established in 0000. According to its NTEE Classification (E22) the organization is classified as: General 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. Community Hospital Foundtion 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 12/2022, Community Hospital Foundtion Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.6% each year . All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 29.6% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMUNITY HOSPITAL FOUNDATION IS DEDICATED TO SUPPORTING THE HOSPITAL'S MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT SERVICES AND PROGRAMS ADMINISTERED AND ENDORSED BY COMMUNITY HOSPITAL THROUGH EFFECTIVE PUBLIC RELATIONS AND FUNDRAISING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christian Thomas President & Ceo, Ex Officio | Officer | 0.8 | $0 |
Thomas Bishop Board Member (from 2/2022) | Trustee | 0.8 | $0 |
Nicole Bergquist Board Member (from 02/2022) | Trustee | 0.8 | $0 |
Taryn Warren Board Member (to 1/2022) | Trustee | 0.8 | $0 |
Chris Allen Chair (to 1/2022) | OfficerTrustee | 0.8 | $0 |
Eric Yarina Vice Chair | OfficerTrustee | 0.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $327,099 |
| Related organizations | $0 |
| Government grants | $456,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $450,014 |
| Noncash contributions included in lines 1a–1f | $1,271 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,233,113 |
| Total Program Service Revenue | $0 |
| Investment income | $450 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$107,857 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,125,706 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,056,000 |
| 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 | $88,123 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,930 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,502 |
| Advertising and promotion | $0 |
| Office expenses | $5,413 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $48,900 |
| Total functional expenses | $2,313,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,087,547 |
| Pledges and grants receivable | $392,598 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,480,145 |
| Accounts payable and accrued expenses | $0 |
| 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 | $32,175 |
| Total liabilities | $32,175 |
| Net assets without donor restrictions | -$249,848 |
| Net assets with donor restrictions | $1,697,818 |
| 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 | $1,480,145 |
Grants Awarded
Over the last fiscal year, Community Hospital Foundtion Inc has awarded $177,076 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO WEST HEALTHCARE SYSTEM PURPOSE: Capital Purchases | $170,000 |
MARCH OF DIMES PURPOSE: General Operations | $7,076 |