Healthcare Innovations Foundation Inc
- Assets
- $261.7k
- Revenue
- $16.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Benson, AZ
- Founding
- 04/1992
- Data as of
- 06/2023
- EIN
- 86-0674421
Organization Overview
Healthcare Innovations Foundation Inc is located in Benson, AZ. The organization was established in 1992. According to its NTEE Classification (E60) the organization is classified as: Health 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. Healthcare Innovations Foundation 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 06/2023, Healthcare Innovations Foundation Inc generated $16.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $19.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (12.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING AND EDUCATION PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael R Gray Director | 5 | $0 | |
James W Broome Executive Direc | 5 | $0 | |
Fred Shaheen Chairman | 5 | $0 | |
Jerry Fink Secretary | 5 | $0 | |
Melody Jones Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,672 |
| Total Revenue | $16,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,257 |
| Total operating and administrative expenses | $18,317 |
| Contributions, gifts, grants paid | $1,150 |
| Total expenses and disbursements | $19,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,902 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $137,659 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | -$1 |
| Other assets | $93,139 |
| Total assets | $261,699 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $93,138 |
| Total liabilities | $93,138 |
Grants Awarded
Over the last fiscal year, Healthcare Innovations Foundation Inc has awarded $1,150 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GFWC-AZ BENSON JUNIOR WOMENS CLUB PURPOSE: HALLOWEEN CARNIVAL | $1,000 |
WILLCOX FIRE DEPARTMENT PURPOSE: ANNUAL FIREWORKS | $100 |
BENSON PD PURPOSE: AWARDS CEREROMY | $50 |