Chime Education Foundation
- Assets
- $1.8m
- Revenue
- $171.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Ann Arbor, MI
- Founding
- 06/2009
- Data as of
- 09/2021
- EIN
- 20-8402295
Organization Overview
Chime Education Foundation is located in Ann Arbor, MI. The organization was established in 2009. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., 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. Chime 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 09/2021, Chime Education Foundation generated $171.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $331.7k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE EDUCATION OF HEALTHCARE INFORMATION TECHNOLOGY PROFESSIONALS BY GRANTING SCHOLARSHIPS TO SUCH PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHIME EDUCATION FOUNDATION OFFERS A VARIETY OF SCHOLARSHIPS TO CHIME MEMBERS AND THEIR STAFF. THE SCHOLARSHIPS COVER EDUCATIONAL PROGRAMS FROM CHIME EVENTS AND OTHER EDUCATIONAL PROGRAMS TO OTHER CIO-RELATED EXECUTIVE EDUCATION AND PROVIDE IT'S EXECUTIVES WITH A MECHANISM TO FUND THEIR PROFESSIONAL DEVELOPMENT AND ADVANCEMENT WITHIN THE HEALTHCARE IT INDUSTRY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Branzell President & CEO | OfficerTrustee | 1 | $0 |
Liz Johnson Chairperson | OfficerTrustee | 1 | $0 |
Cletis Earle Secretary | OfficerTrustee | 1 | $0 |
Neal Ganguly Treasurer | OfficerTrustee | 1 | $0 |
Keith Fraidenburg Evp & COO | Officer | 1 | $0 |
Edwin P Czopek Evp & CFO | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,700 |
| Total Program Service Revenue | $0 |
| Investment income | $27,310 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $79,523 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $171,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $280,635 |
| 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 | $33,708 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,274 |
| Fees for services: Accounting | $4,600 |
| 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 | $53 |
| 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 | $331,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,960 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $1,579,410 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $300 |
| Total assets | $1,764,670 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $46,400 |
| 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 | $644,516 |
| Total liabilities | $690,916 |
| Net assets without donor restrictions | $1,073,754 |
| 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 | $1,764,670 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Chime Education Foundation has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fidelity Health Care Inc Dayton, OH | $33,674,939 | $52,779,040 |
Horizon Home Care & Hospice Inc Milwaukee, WI | $36,563,484 | $49,942,124 |
Kettering Adventist Healthcare Miamisburg, OH | $34,644,151 | $37,648,740 |
University Hospitals Health System Inc Shaker Heights, OH | $17,595,534 | $31,677,804 |
Pike Health Services Inc Waverly, OH | $15,323,530 | $30,767,806 |
Care Resources Grand Rapids, MI | $13,057,362 | $29,643,399 |
Ahf Ohio Inc Dublin, OH | $10,028,431 | $24,918,064 |
Samaritan Behavioral Health Inc Dayton, OH | $9,197,438 | $22,233,357 |
Western Reserve Care Solutions Cleveland, OH | $7,543,573 | $12,894,252 |
Fairhope Hospice & Palliative Care Inc Lancaster, OH | $12,660,357 | $14,177,859 |
Service Employees International Union Columbus, OH | $26,235,266 | $14,034,679 |
Regina Health Center Richfield, OH | $17,116,263 | $9,564,956 |