Charutar Health Foundation Corp
- Assets
- $111.4k
- Revenue
- $104.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 81-4470297
Organization Overview
Charutar Health Foundation Corp is located in Charlotte, NC. The organization was established in 2017. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charutar Health Foundation Corp 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, Charutar Health Foundation Corp generated $104.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (24.3%) each year. All expenses for the organization totaled $51.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (25.5%) per year over the past 6 years. 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
COLLECTION OF FUNDS FROM DONORS IN THE UNITED STATES OF AMERICA AND REMITTING OF THOSE FUNDS RECEIVED TO CHARUTAR, AROGYA MANDAL (MANDAL), GOKALNAGAR, KARAMSAD, IN THE STATE OF GUJARAT, INDIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FINANCIAL SUPPORT TO POOR AND NEEDY PEOPLE IN MANDAL, STATE OF GUJARAT, INDIA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ravi C Patel Chairman | Trustee | 1 | $0 |
Ratibhai Patel Trustee | Trustee | 1 | $0 |
Chandubhai Z Patel Trustee | Trustee | 1 | $0 |
Niranjan C Patel Trustee | Trustee | 1 | $0 |
Thomas Carter Trustee | Trustee | 1 | $0 |
Manhar Shah Trustee | Trustee | 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 | $104,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,895 |
| Total Program Service Revenue | $0 |
| Investment income | $32 |
| 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 | $104,927 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $50,000 |
| 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 | $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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Total functional expenses | $51,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $111,382 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $111,382 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $111,382 |
| Total liabilities and net assets/fund balances | $111,382 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Charutar Health Foundation Corp has recieved totaling $5,279.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,179 |
Harold A & Lois Haytin Foundation Los Angeles, CA PURPOSE: FURTHERANCE OF EXEMPT PURPOSE | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Aging Disability & Transit Services Of Rockingham County Reidsville, NC | $8,070,642 | $11,439,316 |
Senior Connections The Capital Area Agency On Aging Richmond, VA | $3,890,692 | $8,738,746 |
Senior Services Inc Winstonsalem, NC | $22,278,206 | $15,636,681 |
Senior Solutions Anderson, SC | $13,549,787 | $8,561,029 |
Resources For Seniors Raleigh, NC | $2,163,318 | $7,658,467 |
Middle Flint Council On Aging Inc Americus, GA | $21,707,476 | $7,638,632 |
Sowega Council On Aging Inc Albany, GA | $10,730,757 | $6,707,092 |
Journeys In Community Living Inc Murfreesboro, TN | $4,826,547 | $7,924,660 |
Meals On Wheels Atlanta Inc Atlanta, GA | $8,275,211 | $6,182,637 |
Community And Senior Services Of Johnston County Inc Smithfield, NC | $7,273,374 | $7,995,057 |
Southern Area Agency On Aging Inc Martinsville, VA | $933,315 | $5,349,811 |
Trident Area Agency On Aging Inc Charleston, SC | $804,669 | $5,585,408 |