Monongahela Valley Hospital Foundation

Organization Overview

Monongahela Valley Hospital Foundation is located in Monongahela, PA. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Monongahela Valley Hospital 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 06/2021, Monongahela Valley Hospital Foundation generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 55.9% each year . All expenses for the organization totaled $2.4m during the year ending 06/2021. While expenses have increased by 47.8% per year over the past 2 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE MONONGAHELA VALLEY HOSPITAL AND THE COMMUNITIES WHICH IT SERVES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MISSION IS ACCOMPLISHED THROUGH PROMOTING THE DEVELOPMENT WITHIN THE GREATER MONONGAHELA VALLEY AREA OF HEALTH AND WELFARE SERVICES, FACILITIES AND PROGRAMS WHICH WILL ENHANCE THE GENERAL HEALTH AND WELFARE OF THE COMMUNITY BY INCREASING THE ACCESSIBILITY, CONTINUITY AND QUALITY OF SERVICES PROVIDED TO THE RESIDENTS OF THE COMMUNITY. MONONGAHELA VALLEY HOSPITAL FOUNDATION, INC. PROVIDES VARIOUS ACTIVITIES INCLUDING FUND-RAISING, THE SECURING OF GRANTS AND CONTRACTS, JOINT PLANNING AND MARKETING FOR SUBSIDIARY ENTERPRISES, PUBLIC RELATIONS ACTIVITIES AND THE GENERAL PROMOTION OF HEALTH, WELFARE, EDUCATION AND OTHER CHARITABLE PURPOSES.MONONGAHELA VALLEY HOSPITAL FOUNDATION, INC. PROVIDED NEARLY $1,858,000 OF FUNDING TO MONONGAHELA VALLEY HOSPITAL, INC. FOR CAPITAL AND SUPPLY PURCHASES, PROGRAMS PROVIDING DIRECT PATIENT SUPPORT, THE CAMEOS OF CARING PROGRAM THAT PROMOTES THE NURSING PROFESSION, MEDICAL EDUCATION PROGRAMS, STAFF CERTIFICATIONS, AND THE PURCHASE OF TRAINING SOFTWARE LICENSES FOR NEWLY GRADUATED NURSES.MONONGAHELA VALLEY HOSPITAL FOUNDATION, INC. PROVIDED THREE NEW SCHOLARSHIP AND MADE ADDITIONAL PAYMENTS TO FOUR PREVIOUS AWARDEES UNDER THE SCHOLARSHIP PROGRAM FOR NURSES AND CRITICAL CLINICAL HEALTH CARE OCCUPATIONS. STUDENTS MAY QUALIFY FOR THIS SCHOLARSHIP BY HAVING A 3.5 CUMULATIVE GRADE POINT AVERAGE AT THE END OF THE FIRST SEMESTER OF THEIR SENIOR YEAR OF HIGH SCHOOL, HAVE A LETTER OF ACCEPTANCE INTO AN APPROVED POST-SECONDARY PROGRAM, AND COMPLETE AN APPLICATION WITH A 200 WORD ESSAY. A SELECTION COMMITTEE REVIEWS ALL APPLICATIONS AND SUBMITS THEIR RECOMMENDATIONS TO THE CORPORATE STAFF MEMBERS OF THE HOSPITAL FOR FINAL APPROVAL. TO CONTINUE RECEIVING SCHOLARSHIP FUNDS, THE RECIPIENTS MUST MAINTAIN FULL-TIME STUDENT STATUS, A 2.5 OR BETTER GRADE POINT AVERAGE AND SIGN A COMMITMENT TO WORK AT THE HOSPITAL UPON GRADUATION.MONONGAHELA VALLEY HOSPITAL FOUNDATION, INC. ALSO PROVIDES A REGISTERED NURSE SCHOLARSHIP PROGRAM FOR DISPLACED WORKERS. IN FISCAL YEAR 2020, NO INDIVIDUAL APPLIED FOR THIS AWARD. POSSIBLE RECIPIENTS MAY QUALIFY FOR THIS SCHOLARSHIP BY BEING UNEMPLOYED, HAVE A LETTER OF ACCEPTANCE INTO AN ACCREDITED SCHOOL OF NURSING, AND BE RECOMMENDED BY THEIR FORMER EMPLOYER AND LOCAL CAREERLINK OFFICE. CORPORATE STAFF MEMBERS REVIEW APPLICATIONS AND INTERVIEW APPLICANTS FOR FINAL APPROVAL. TO CONTINUE RECEIVING SCHOLARSHIP FUNDS, THE RECIPIENTS MUST MAINTAIN FULL-TIME STUDENT STATUS, A 2.5 OR BETTER GRADE POINT AVERAGE AND SIGN A COMMITMENT TO WORK AT THE HOSPITAL UPON GRADUATION.DUE TO THE COVID-19 PANDEMIC, MONONGAHELA VALLEY HOSPITAL FOUNDATION, INC. WAS UNABLE TO HOLD THE THIRTY-SECOND ANNUAL GALA FUND-RAISING EVENT IN PERSON. THE GALA TO COMMEMORATE THE HEALTH CARE SYSTEM'S ACHIEVEMENTS AND TO HONOR THOSE WHOSE EFFORTS AND DEDICATION HAVE ENHANCED THE QUALITY OF HEALTH CARE IN THE MID-MON VALLEY WAS SUCCESSFULLY HELD VIRTUALLY. ALSO DURING FISCAL YEAR 2021 MONONGAHELA VALLEY HOSPITAL FOUNDATION, INC., CONTINUED ITS EFFORTS IN THE DUCOEUR BREAST CANCER WALK, THE GIVING SOCIETY, THE HEARTS THAT CARE, AND THE PATHWAYS PROMOTING PROGRESS IN HEALTH COMMUNITY FUND-RAISING CAMPAIGNS. FUNDS REALIZED THROUGH THESE PROGRAMS OF GIVING WILL BE USED TO ENDOW THE SERVICES PROVIDED BY OUR HEALTH CARE SYSTEM.


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Board, Officers & Key Employees

Name (title)Compensation
Mark F Spitzer
Vice President
$114,338
S P Hewie
Vice Chairman
$0
R Carlyn Belczyk
Chairman
$0
Kevin M Lee
Secretary
$0
Louis J Panza Jr
President
$0
Daniel F Simmons
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$208,453
Related organizations$0
Government grants $1,526,492
All other contributions, gifts, grants, and similar amounts not included above$820,218
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,555,163
Total Program Service Revenue$0
Investment income $16,073
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$79,856
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,491,380

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Monongahela Valley Hospital Foundation has recieved totaling $30,000.

Awarding OrganizationAmount
Washington County Community Foundation Inc

Eighty Four, PA

PURPOSE: PROGRAM

$30,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$159,000
Ending Balance$159,000

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