Greek American Health Services Foundation
- Assets
- $1.3m
- Revenue
- $258.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Wheeling, IL
- Founding
- Data as of
- 05/2022
- EIN
- 83-1048507
Organization Overview
Greek American Health Services Foundation is located in Wheeling, IL. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. As of 05/2022, Greek American Health Services Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greek American Health Services Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT, SPONSOR, PROMOTE, DEVELOP, OWN AND OPERATE FACILITIES AND PROGRAMS FOR THE AGED AND THE SICK IN NEED OF NURSING, REHABILITATION, MEDICAL, SURGICAL AND DAY CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GREEK AMERICAN HEALTH SERVICES FOUNDATION WAS CREATED TO SERVE AS A HOLDING COMPANY FOR RELATED TAX-EXEMPT ORGANIZATIONS: GREEK AMERICAN REHABILITATION AND CARE CENTRE, HELLENIC AMERICAN CARE, COMPASSIONATE LOVE DAY CARE AND GEORGE AND ANGELA PATERAKIS CENTER. THE RELATED TAX-EXEMPT ORGANIZATIONS ARE ACTIVELY INVOLVED IN THE DELIVERY OF HEALTH AND CONTINUING CARE SERVICES TO SERVE THE NEEDS OF THE COMMUNITY WITH LOVE, RESPECT, HONOR AND DIGNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula A Tolan-Francis JD Secretary | OfficerTrustee | 2 | $5,546 |
Eleni Bousis Board Chair | OfficerTrustee | 2 | $0 |
Peter G Karahalios JD President | OfficerTrustee | 2 | $0 |
Lisa R Palivos MD Vice President | OfficerTrustee | 2 | $0 |
Peter Kopsaftis Treasurer | OfficerTrustee | 2 | $0 |
Maria Harduvel-Boyle Assistant Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $43,674 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,469 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,143 |
| Total Program Service Revenue | $165,403 |
| 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 | $1,176 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $258,784 |
| 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 | $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 | $58,202 |
| Pension plan accruals and contributions | -$18,557 |
| Other employee benefits | $0 |
| Payroll taxes | $14,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $235 |
| Fees for services: Accounting | $104,409 |
| 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 | $11,004 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,435 |
| 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 | $258,896 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,204,465 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $116,270 |
| 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 | $1,320,735 |
| Accounts payable and accrued expenses | $20,857 |
| 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 | $20,857 |
| Net assets without donor restrictions | $1,299,878 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,320,735 |
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