Rxh Employees First Fund Inc
- Assets
- $133.3k
- Revenue
- $30.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Metairie, LA
- Founding
- Data as of
- 12/2021
- EIN
- 85-0736919
Organization Overview
Rxh Employees First Fund Inc is located in Metairie, LA. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rxh Employees First Fund 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 12/2021, Rxh Employees First Fund Inc generated $30.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (63.7%) each year. All expenses for the organization totaled $83.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RXH EMPLOYEES FIRST FUND, INC. WAS FORMED TO PROVIDE RELIEF AND ASSISTANCE TO EMPLOYEES OF RESTORIX HEALTH, INC. AND ITS SUBSIDIARIES (WHICH USES THE ASSUMED NAME OF "RESTORIXHEALTH") AND THEIR IMMEDIATE FAMILY MEMBERS, WHO HAVE EXPERIENCED UNFORESEEN EMERGENCIES SUCH A MAJOR MEDICAL SITUATION, A CATASTROPHIC EVENT (SUCH AS THE COVID-19 PANDEMIC), OR OTHER CHALLENGES THAT CREATE AN EMERGENT FINANCIAL HARDSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING RELIEF AND ASSISTANCE TO EMPLOYEES OF RESTORIX HEALTH, INC. AND ITS SUBSIDIARIES (WHICH USES THE ASSUMED NAME OF "RESTORIXHEALTH") AND THEIR IMMEDIATE FAMILY MEMBERS, WHO HAVE EXPERIENCED UNFORESEEN EMERGENCIES SUCH A MAJOR MEDICAL SITUATION, A CATASTROPHIC EVENT (SUCH AS THE COVID-19 PANDEMIC), OR OTHER CHALLENGES THAT CREATE AN EMERGENT FINANCIAL HARDSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Mclaughlin Director, Ceo, And Secretary | OfficerTrustee | 0 | $0 |
David Walz Director And President | OfficerTrustee | 0 | $0 |
Therese Hernandez Director And COO | OfficerTrustee | 0 | $0 |
Rabica Siddiqi Chair Of Grant Selection Committee | OfficerTrustee | 0 | $0 |
Patrick Seiler Director, Ceo, And Treasurer | OfficerTrustee | 0 | $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 | $30,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,340 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,340 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $77,395 |
| 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 | $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 | $6,373 |
| Total functional expenses | $83,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,264 |
| 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 | $133,264 |
| 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 | $133,264 |
| Total liabilities and net assets/fund balances | $133,264 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southern Invitational Smoke Houston, TX | $5,761,542 | $2,810,220 |
Cullen Trust For The Performing Arts Houston, TX | $84,734,407 | $8,559,059 |
Tobin Endowment Tr San Antonio, TX | $66,872,342 | $3,974,678 |
Freedom Shield Foundation Lewisville, TX | $366,050 | $2,668,324 |
R W Norton Art Foundation Shreveport, LA | $90,584,723 | $3,020,184 |
Knowledge Arts Foundation Houston, TX | $5,977,787 | $3,546,412 |
J M Parker Foundation Abilene, TX | $41,978,298 | $664,865 |
Russell H Rogers Fund For The Arts Bank Of America N A 05-500-3132032 San Antonio, TX | $24,621,680 | $3,797,950 |
Inprint Inc Houston, TX | $7,553,324 | $1,398,082 |
Art And Eva Camunez Tucker Foundation San Angelo, TX | $10,543,164 | $1,213,438 |
Ralph H & Elizabeth C Norton Philanthropic Tr 31-36559-8 Dallas, TX | $12,369,497 | $1,046,063 |
Walton Arts Center Foundation Inc Fayetteville, AR | $17,710,449 | $44,264 |