Adena Health Foundation
- Assets
- $9.3m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 4
- Location
- Chillicothe, OH
- Founding
- 04/2002
- Data as of
- 12/2023
- EIN
- 75-3008742
Organization Overview
Adena Health Foundation is located in Chillicothe, OH. The organization was established in 2002. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Adena Health Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adena 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 12/2023, Adena Health Foundation generated $1.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 6.5% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADENA HEALTH FOUNDATION PROVIDES SUPPORT TO ADENA HEALTH SYSTEM AND THE TWO CRITICAL ACCESS HOSPITALS CONTROLLED BY ADENA HEALTH SYSTEM. IN 2023, ADENA HEALTH FOUNDATION PROVIDED $768,570 TO ADENA HEALTH SYSTEM. THE FOUNDATION ALSO SUPPORTS AREA NON-PROFIT ORGANIZATIONS AS WELL AS INDIVIDUALS IN THE HOSPITALS SERVICE AREA. THE AID TO INDIVIDUALS IS IN THE FORM OF EDUCATIONAL SCHOLARSHIPS AND HELP WITH BASIC UNMET NEEDS INCLUDING FOOD, TRANSPORTATION, AND UTILITIES. AHF CONTRIBUTED $165,212 TO INDIVIDUALS IN 2023.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH INDIVIDUAL GIVING AND FUNDRAISING EVENTS TO AND FOR SELECTED FUNDS, WE WERE ABLE TO PROVIDE $768,570 TO ADENA HEALTH SYSTEM IN SUPPORT OF PATIENT AND STAFF EDUCATION, COMMUNITY EDUCATION, EQUIPMENT, CAPITAL PROJECT, AND CHARITY CARE.
THE FOUNDATION AWARDED SCHOLARSHIPS TO 19 STUDENTS. THE FIELDS OF STUDY INCLUDED NURSING, RADIOLOGY, TECHNOLOGY, PHYSICAL THERAPY, PRE-MED AND LABORATORY TECHNOLOGY. THE STUDENTS WERE SELECTED BY THE VOLUNTEER ADVISORY COUNCIL WITH OVERSIGHT FROM HUMAN RESOURCES. EACH STUDENT MUST SUBMIT AN APPLICATION. APPLICANTS ARE REQUIRED TO HAVE AT LEAST A 3.30 GRADE POINT AVERAGE TO BE ELIGIBLE. THERE WERE ALSO 2 ATHLETIC SCHOLARSHIPS AWARDED. THE STUDENTS WERE SELECTED BY THE SPORTS MEDICINE SCHOLARSHIP COMMITTEE WITH MEMBERS FROM THE DEPARTMENT AND A FOUNDATION REPRESENTIVE. EACH STUDENT MUST SUBMIT AN APPLICATION. APPLICANTS ARE REQUIRED TO HAVE AT LEAST A 3.0 GRADE POINT AVERAGE TO BE ELIBLE
THE COMMUNITY FUND IS USED TO SUPPORT OTHER NON-PROFITS IN THE COMMUNITIES WE SERVE. WE SUPPORT THOSE WHO HAVE SIMILAR MISSIONS AND VALUES OF ADENA WITH A FOCUS ON BETTERING THE COMMUNITIES, ENHANCING GROWTH IN AREAS WE SERVE AND SUPPORTING HEALTH AND WELL-BEING INITIATIVES. A COMMITTEE CONSISTING OF MARKETING, COMMUNITY, AND FOUNDATION CAREGIVERS REVIEWS REQUESTS AND DECIDES IF THE REQUEST IS WITHIN OUR MISSION AND VALUES AND WHICH GROUPS ADENA WILL BE SUPPORTING IF THE CRITERIA IS MET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Graham Trustee/ahs President & CEO | OfficerTrustee | 1 | $0 |
John Desmarais Trustee/physician | Trustee | 2 | $0 |
Trish Mares Trustee/chair | Trustee | 2 | $0 |
William Beatty Trustee/treasurer | OfficerTrustee | 2 | $0 |
Virginia Wettersten Trustee/secretary | Trustee | 2 | $0 |
Linda Beaver Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $180,609 |
| Related organizations | $636,498 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,029,379 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,846,486 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$40,271 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,806,215 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $768,570 |
| Grants and other assistance to domestic individuals. | $165,212 |
| 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 | $276,915 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55,382 |
| Payroll taxes | $20,455 |
| 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 | $18,643 |
| Advertising and promotion | $72,361 |
| Office expenses | $23,916 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,701 |
| 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 | $0 |
| Total functional expenses | $1,515,863 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $43,941 |
| 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 | $6,229,818 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,070,189 |
| Total assets | $9,343,948 |
| Accounts payable and accrued expenses | $28,350 |
| 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 | $28,350 |
| Net assets without donor restrictions | $2,917,524 |
| Net assets with donor restrictions | $6,398,074 |
| 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 | $9,343,948 |
Grants Awarded
Over the last fiscal year, Adena Health Foundation has awarded $98,042 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ADENA HEALTH SYSTEM PURPOSE: TO PURCHASE MEDICAL EQUIPMENT | $76,835 |
PIKE HEALTH SERVICES INC PURPOSE: TO PURCHASE MEDICAL EQUIPMENT | $21,207 |