Milford Hospital Foundation Inc
- Assets
- $0.0
- Revenue
- $66.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Milford, CT
- Founding
- Data as of
- 09/2019
- EIN
- 22-2627350
Organization Overview
Milford Hospital Foundation Inc is located in Milford, CT.
For the year ending 09/2019, Milford Hospital Foundation Inc generated $66.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (31.1%) each year. All expenses for the organization totaled $166.9k during the year ending 09/2019. 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
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S SOLE ACTIVITY IS TO SOLICIT, RECEIVE, HOLD, INVEST AND ADMINISTER CONTRIBUTIONS ON BEHALF OF MILFORD HEALTH & MEDICAL, INC. & ITS TAX EXEMPT AFFILIATES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Bennett Chair | 0.3 | $0 | |
Mark Toney President, CEO & Cro | 0.3 | $0 | |
Bradford Gesler Director | 0.3 | $0 | |
Paul Davis Director | 0.3 | $0 | |
Robert Lewis MD Director | 0.3 | $0 | |
Samuel Bergami Jr Director | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $74,087 |
| Interest on Savings | $128 |
| Dividends & Interest | $1 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,721 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,495 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $2,564 |
| Pension plans, employee benefits | $641 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $543 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $138 |
| Total operating and administrative expenses | $3,887 |
| Contributions, gifts, grants paid | $163,000 |
| Total expenses and disbursements | $166,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Milford Hospital Foundation Inc has awarded $163,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
MILFORD HOSPITAL PURPOSE: CHARITABLE PURPOSES | $92,797 |
BRIDGEPORT HOSPITAL PURPOSE: CHARITABLE PURPOSES | $70,203 |