Community Hospital Anderson Foundation Inc
- Assets
- $18.9m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 3
- Location
- Anderson, IN
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 86-1053152
Organization Overview
Community Hospital Anderson Foundation Inc is located in Anderson, IN. The organization was established in 2003. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2021, Community Hospital Anderson Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Hospital Anderson 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 12/2021, Community Hospital Anderson Foundation Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.8% each year . All expenses for the organization totaled $855.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Community Hospital Anderson Foundation Inc has awarded 50 individual grants totaling $3,755,685. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY HOSPITAL ANDERSON FOUNDATION, INC. IS ENGAGED IN FUND RAISING ACTIVITIES TO ACQUIRE MONIES TO FURTHER THE PURPOSES AND MISSION OF COMMUNITY HOSPITAL OF ANDERSON AND MADISON COUNTY, INC. IN PROVIDING QUALITY MEDICAL CARE AND TREATMENT TO CITIZENS OF ANDERSON AND MADISON COUNTY, INDIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A) PROVIDE CAPITAL IMPROVEMENTS & MEDICAL EQUIPMENT FOR USE BY COMMUNITY HOSPITAL OF ANDERSON AND MADISON COUNTY, INC. AND B) PROVIDE PROGRAMS DESIGNED TO EDUCATE THE PATIENTS OF COMMUNITY HOSPITAL OF ANDERSON AND MADISON COUNTY, INC. CONCERNING THEIR HEALTH NEEDS AND AVAILABLE MEDICAL TREATMENT.
PROVIDED FUNDS TO SUPPORT ANDERSON COMMUNITY.
PROVIDE SCHOLARSHIPS AND EDUCATION ASSISTANCE TO COMMUNITY HOSPITAL ANDERSON EMPLOYEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Bannon Chief Fdn Officer | Officer | 31 | $113,450 |
Ivy Walsh Secretary | OfficerTrustee | 3 | $0 |
Ben Orcutt Chairman | OfficerTrustee | 3 | $0 |
Aaron Reger Treasurer | OfficerTrustee | 3 | $0 |
Bryan Williams Vice Chairman | OfficerTrustee | 3 | $0 |
Charlie Williams MD Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $9,600 |
| Related organizations | $109,068 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $351,954 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $470,622 |
| Total Program Service Revenue | $0 |
| Investment income | $263,359 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,098,784 |
| Net Income from Fundraising Events | -$1,025 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,831,740 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $439,218 |
| Grants and other assistance to domestic individuals. | $4,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $113,450 |
| Compensation of current officers, directors, key employees. | $113,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,659 |
| Pension plan accruals and contributions | $13,512 |
| Other employee benefits | $19,937 |
| Payroll taxes | $16,780 |
| 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 | $7,599 |
| Fees for services: Other | $11,360 |
| Advertising and promotion | $0 |
| Office expenses | $76,680 |
| 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 | $64 |
| Total functional expenses | $855,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $349,431 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $39,533 |
| 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 | $18,489,473 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,878,437 |
| Accounts payable and accrued expenses | $158 |
| 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 | $396,768 |
| Total liabilities | $396,926 |
| Net assets without donor restrictions | $16,822,456 |
| Net assets with donor restrictions | $1,659,055 |
| 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 | $18,878,437 |
Grants Awarded
Over the last fiscal year, Community Hospital Anderson Foundation Inc has awarded $397,853 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Anderson, IN PURPOSE: GENERAL SUPPORT | $318,953 |
ANDERSON COMMUNITY SCHOOLS PURPOSE: GENERAL SUPPORT | $28,000 |
SOUTH MADISON COMMUNITY SCHOOL CORP PURPOSE: GENERAL SUPPORT | $18,700 |
FRANKTON-LAPEL COMMUNITY SCHOOLS PURPOSE: GENERAL SUPPORT | $13,500 |
ELWOOD COMMUNITY SCHOOLS PURPOSE: GENERAL SUPPORT | $6,800 |
ALEXANDRIA COMMUNITY SCHOOLS PURPOSE: GENERAL SUPPORT | $6,800 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Hospital Anderson Foundation Inc has recieved totaling $109,068.
| Awarding Organization | Amount |
|---|---|
Community Hospital Of Anderson- Madison County Inc Anderson, IN PURPOSE: GENERAL SUPPORT | $109,068 |
Endowment Analysis
| Beg. Balance | $3,873,139 |
| Earnings | $472,264 |
| Admin Expense | $19 |
| Ending Balance | $4,345,384 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sinai Health System Chicago, IL | $281,453,478 | $93,419,606 |
The Foundation For Barnes-Jewish Hospital St Louis, MO | $993,230,579 | $106,273,508 |
Deaconess Health System Inc Evansville, IN | $144,110,992 | $33,405,417 |
Norton Properties Inc Louisville, KY | $374,509,086 | $60,233,665 |
Freeport Regional Health Care Found Ation Freeport, IL | $44,647,544 | $45,400,897 |
Ann & Robert H Lurie Childrens Hospital Of Chicago Foundation Chicago, IL | $630,869 | $58,277,786 |
Ascension Medical Group Genesys St Louis, MO | $56,901,611 | $50,467,195 |
Cincinnati Bell Health And Welfare Trust Milwaukee, WI | $10,960 | $35,872,247 |
Childrens Hospital Of Wisconsin Foundation Inc Milwaukee, WI | $1,206,475,471 | $94,444,184 |
Milwaukee Regional Medical Center Thermal Service Inc Milwaukee, WI | $234,655,372 | $32,150,552 |
St Louis Childrens Hospital Foundation St Louis, MO | $519,869,527 | $109,928,853 |
Midwest Medical Center Galena, IL | $42,348,172 | $34,873,960 |