Healthnetwork Foundation

Organization Overview

Healthnetwork Foundation is located in Pepper Pike, OH. The organization was established in 2005. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Healthnetwork Foundation employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthnetwork 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 12/2021, Healthnetwork Foundation generated $11.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 8.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Healthnetwork Foundation has awarded 105 individual grants totaling $3,599,360. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HEALTH NETWORK HELPS MEMBERS FIND APPROPRIATE MEDICAL INSTITUTIONS FOR THE MEMBERS' PARTICULAR NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSISTANCE PROVIDED TO MEMBERS TO HELP THEM FIND THE MEDICAL INSTITUTIONS THAT FIT THEIR PARTICULAR NEEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Megan Frankel
President
$231,350
Kim Kotora
Vice Preside
$205,150
Lisa Herchek
Chief Operat
$195,150
William Babcox
Advisor
$0
Tony Busa
Treasurer
$0
Dwight Corning
Advisor
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$1,016,785
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,524,953
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,541,738
Total Program Service Revenue$0
Investment income $763,143
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,874,630
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,179,511

Grants Awarded

Over the last fiscal year, Healthnetwork Foundation has awarded $646,000 in support to 17 organizations.

Grant RecipientAmount

VARIOUS GRANTS UNDER 5000 PER

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$148,500

CHRIST HOSPITAL HEALTH NETWORK

Org PageRecipient Profile

Cincinnati, OH

PURPOSE: GENERAL SUPPORT

$58,000

UNIVERSITY HOSPITALS

Org PageRecipient Profile

Shaker Heights, OH

PURPOSE: GENERAL SUPPORT

$50,000

Philadelphia, PA

PURPOSE: GENERAL SUPPORT

$50,000

BAPTIST HEALTH SOUTH FLORIDA INC

Org PageRecipient Profile

Coral Gables, FL

PURPOSE: GENERAL SUPPORT

$50,000

UNIVERSITY OF CINCINNATI MEDICALCENTER

PURPOSE: GENERAL SUPPORT

$29,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Healthnetwork Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
Koch Foundation Inc

Evansville, IN

PURPOSE: CHARITABLE OPERATIONS

$3,000
Jeffrey Robideau Foundation

Ann Arbor, MI

PURPOSE: GENERAL

$2,000
View Grant Recipient Profile

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