Commonspirit Health Foundation
- Assets
- $10.4m
- Revenue
- $3.7m
- Investments
- $1.6m
- Employees
- 0
- Location
- Englewood, CO
- Founding
- Data as of
- 06/2022
- EIN
- 85-3374038
Organization Overview
Commonspirit Health Foundation is located in Englewood, CO. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Commonspirit 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 06/2022, Commonspirit Health Foundation generated $3.7m in total revenue. All expenses for the organization totaled $960.4k during the year ending 06/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE IN CONFORMITY WITH THE MISSION, VISION AND VALUES OF COMMONSPIRIT HEALTH AND TO PARTICIPATE IN COLLABORATIVE EFFORTS TO ENHANCE AND IMPROVE THE FUNDRAISING AND GRANT-MAKING EFFORTS OF ALL FUNDRAISING FOUNDATIONS ACROSS THE COMMONSPIRIT HEALTH SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMONSPIRIT HEALTH FOUNDATION OPERATES TO RAISE FUNDS, COLLABORATE WITH FUNDRAISING AFFILIATES TO SHARE LEADING PRACTICES AND MATERIALS AND TO SUPPORT COMMONSPIRIT HEALTH IN FURTHERING ITS CHARITABLE HEALTH CARE MISSION INCLUDING BUT NOT LIMITED TO ADDRESSING THE NEEDS OF THE POOR AND VULNERABLE, ADDRESSING THE PHYSICAL AND SOCIAL DETERMINANTS OF POOR HEALTH; ENSURING HEALTH EQUITY WITH A FOCUS ON THE MOST VULNERABLE POPULATIONS; AND SUPPORTING INNOVATION IN CARE DELIVERY WITHIN COMMONSPIRIT HEALTH HOSPITALS AND IN NEIGHBORHOODS THROUGHOUT THE UNITED STATES. FUNDS RAISED WILL BE GRANTED TO COMMONSPIRIT AFFILIATES OR TO OTHER 501(C)(3) ORGANIZATIONS WORKING IN COLLABORATION WITH COMMONSPIRIT HEALTH, TO SUPPORT THE HEALTH AND HEALTHCARE NEEDS OF THE PATIENTS AND COMMUNITIES COMMONSPIRIT HEALTH SERVES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lloyd H Dean Chief Executive Officer | OfficerTrustee | 1 | $0 |
Fred Najjar Foundation President | OfficerTrustee | 2 | $0 |
Alisahah Jackson MD Board Member | Trustee | 1 | $0 |
Nancy Bussani Secretary | Officer | 12.5 | $0 |
The Honorable Willie L Brown Jr Board Member | Trustee | 1 | $0 |
Michael Covarrubias Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $856,320 |
| Related organizations | $1,350,148 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,519,511 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,725,979 |
| Total Program Service Revenue | $0 |
| Investment income | -$3,672 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $571 |
| Net Income from Fundraising Events | -$1,052,356 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,670,522 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $681,572 |
| 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 | $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 | $29 |
| Fees for services: Other | $229,054 |
| Advertising and promotion | $40,000 |
| Office expenses | $9,738 |
| 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 | $960,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,463,745 |
| Pledges and grants receivable | $407,233 |
| 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 | $839,516 |
| Investments—other securities | $1,640,601 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,351,095 |
| Accounts payable and accrued expenses | $711 |
| 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 | $456,574 |
| Total liabilities | $457,285 |
| Net assets without donor restrictions | $1,210,071 |
| Net assets with donor restrictions | $8,683,739 |
| 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 | $10,351,095 |
Grants Awarded
Over the last fiscal year, Commonspirit Health Foundation has awarded $677,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DIGNITY HEALTH PURPOSE: HOSPITAL SUPPORT | $672,092 |
PORT CITY OPERATING COMPANY LLC PURPOSE: HOSPITAL SUPPORT | $5,008 |