Oregon Association Of Hospital Research And Education Foundation
- Assets
- $2.5m
- Revenue
- $481.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Lake Oswego, OR
- Founding
- 07/1989
- Data as of
- 12/2023
- EIN
- 94-3098610
Organization Overview
Oregon Association Of Hospital Research And Education Foundation is located in Lake Oswego, OR. The organization was established in 1989. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon Association Of Hospital Research And Education 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 12/2023, Oregon Association Of Hospital Research And Education Foundation generated $481.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $45.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (32.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Oregon Association Of Hospital Research And Education Foundation has awarded 45 individual grants totaling $5,799,871. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO STUDY PROBLEMS IN THE HEALTHCARE PROVIDER AREA AND PROVIDE EDUCATIONAL PROGRAMS AND RESOURCES TO INDIVIDUALS AND INSTITUTIONAL REPRESENTATIVES IN THE AREAS OF HEALTHCARE, ADMINISTRATION, FINANCE AND SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELL-BEING WEBINAR SERIES: THE FOUNDATION HOSTED AN ELEVEN-PART VIRTUAL WELL-BEING SERIES PRESENTED BY THE DUKE CENTER FOR HEALTHCARE SAFETY AND QUALITY. THE SERIES COVERED EVIDENCE-BASED TOOLS AND STRATEGIES FOR WELL-BEING AMONG HEALTH CARE PROFESSIONALS TO IMPLEMENT FOR THEMSELVES AND WITH THEIR TEAMS. OVER 100 HOSPITAL LEADERS AND HOSPITAL ASSOCIATION STAFF ATTENDED THE SERIES.THIS PROGRAM SERVICE WAS INACTIVE DURING THE CURRENT YEAR.
WORKFORCE ENVIRONMENTAL SCAN: THE FOUNDATION COMMISSIONED A RESEARCH PROJECT TO IDENTIFY AND DESCRIBE POST-PANDEMIC HEALTH CARE WORKFORCE CAPACITY BARRIERS AND SOLUTIONS IN OREGON. THE CONSULTANTS CONDUCTED STAKEHOLDER INTERVIEWS AND REVIEWED DATA TO DEVELOP AN ENVIRONMENTAL SCAN. THE REPORT INCLUDED A CROSSWALK OF VARIOUS OREGON WORKFORCE-RELATED INITIATIVES AND PUBLIC POLICY RECOMMENDATIONS.THIS PROGRAM SERVICE WAS INACTIVE DURING THE CURRENT YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Hultberg President/secretary | OfficerTrustee | 0.2 | $0 |
Krista Farnham Board Chair | OfficerTrustee | 0.2 | $0 |
John Terhes Trustee | Trustee | 0.2 | $0 |
Brian Moore Trustee | Trustee | 0.2 | $0 |
Lesley Ogden Trustee | Trustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Allevant Consulting - Post Accute | 12/30/20 | $300,000 |
Washington State Hospital Association Consulting - Quality & Safety Initiative | 12/30/20 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $400,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $400,000 |
| Total Program Service Revenue | $0 |
| Investment income | $81,295 |
| 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 | $481,295 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $32,697 |
| Fees for services: Legal | $2,322 |
| Fees for services: Accounting | $5,517 |
| 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 | $1,799 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $969 |
| 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 | $2,464 |
| All other expenses | $0 |
| Total functional expenses | $45,768 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,815 |
| Savings and temporary cash investments | $2,095,812 |
| Pledges and grants receivable | $400,000 |
| 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 | $1,158 |
| 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 | $2,517,785 |
| Accounts payable and accrued expenses | $13,104 |
| 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 | $13,104 |
| Net assets without donor restrictions | $2,504,681 |
| 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 | $2,517,785 |
Grants Awarded
Over the last fiscal year, Oregon Association Of Hospital Research And Education Foundation has awarded $115,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OREGON HEALTH & SCIENCE UNIVERSITY PURPOSE: OCID DATA BASE GRANT | $100,000 |
FOUNDATION FOR MEDICAL EXCELLENCE PURPOSE: HEALTHCARE STUDIES | $15,000 |