Mckeesport Hospital Foundation
- Assets
- $33.0m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 2
- Location
- McKeesport, PA
- Founding
- 07/1980
- Data as of
- 06/2021
- EIN
- 25-1380418
Organization Overview
Mckeesport Hospital Foundation is located in McKeesport, PA. The organization was established in 1980. 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 06/2021, Mckeesport Hospital Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mckeesport Hospital 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 06/2021, Mckeesport Hospital Foundation generated $2.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Mckeesport Hospital Foundation has awarded 71 individual grants totaling $2,800,671. 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
SUPPORT PRIMARY HEALTH CARE FACILITIES AND SERVICES IN THE LOCAL AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS SUPPORTIVE OF UPMC MCKEESPORT ADVANCEMENTS IN HEALTH CARE TECHNOLOGY. IN ADDITION, THE FOUNDATION IS A LEADER IN COMMUNITY HEALTH INITIATIVE PROGRAMS INCLUDING THE AWARD-WINNING STATE HEALTH IMPROVEMENT PLAN COMMUNITY PARTNERSHIPS. THESE COMMUNITY PARTNERSHIPS PROVIDE PROGRAMS AND SERVICES WITH DEFINED GOALS AND OBJECTIVES FOR 33,000 RESIDENTS IN BRADDOCK, CLAIRTON, DUQUESNE AND MCKEESPORT. IN ADDITION, THE FOUNDATION HAS SUPPORTED THE MEDICATION NEEDS OF THOSE SEEKING MEDICAL CARE AND WHO HAVE NO MEDICATION COVERAGE AND THROUGH A CLOSE WORKING RELATIONSHIP WITH THE HOSPITAL PHARMACY AND SOCIAL WORK DEPARTMENTS, SERVING DOZENS OF PEOPLE EACH MONTH THROUGH THREE PROGRAMS. FURTHERMORE, THE FOUNDATION WORKS CLOSELY WITH LOCAL AGENCIES PROVIDING SUPPORT IN COORDINATING THEIR ACTIVITIES AND ANNUAL FUNDRAISERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eliana Dragisic Director Of Development | Officer | 16.5 | $60,257 |
Irving J Latterman Vice President | OfficerTrustee | 1 | $0 |
Carl P Kovski President | OfficerTrustee | 1 | $0 |
Donald Beck Secretary/treasurer | OfficerTrustee | 1 | $0 |
D James Heatherington Board Member | Trustee | 1 | $0 |
Mary Ann Latusek Board Member | Trustee | 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 | $35,234 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,234 |
| Total Program Service Revenue | $0 |
| Investment income | $641,771 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $48,591 |
| Net Gain/Loss on Asset Sales | $2,141,326 |
| Net Income from Fundraising Events | $38,751 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,905,673 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $793,083 |
| 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. | $63,199 |
| Compensation of current officers, directors, key employees. | $32,028 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,844 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,565 |
| Payroll taxes | $9,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,563 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,177 |
| Advertising and promotion | $5,525 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,557 |
| 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 | $41,260 |
| Insurance | $4,665 |
| All other expenses | $420 |
| Total functional expenses | $1,057,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $168,818 |
| Savings and temporary cash investments | $1,340,958 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,444 |
| 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 | $8,446 |
| Net Land, buildings, and equipment | $1,211,885 |
| Investments—publicly traded securities | $30,244,927 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,986,478 |
| Accounts payable and accrued expenses | $107,338 |
| 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 | $26,627 |
| Other liabilities | $0 |
| Total liabilities | $133,965 |
| Net assets without donor restrictions | $11,357,716 |
| Net assets with donor restrictions | $21,494,797 |
| 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 | $32,986,478 |
Grants Awarded
Over the last fiscal year, Mckeesport Hospital Foundation has awarded $790,254 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
Pittsburgh, PA PURPOSE: These grants were provided to cover the costs of renovations to 4 Mansfield Inpatient Unit, Music Smiles Program, and an At-Home Blood Pressure Cuff Project. | $469,440 |
LIONS DIABETES BOARD OF ALLEGHENY & WESTMORELAND COUNTIES CO CHRIS RAYNAK PURPOSE: To release funds to the newly established board. | $96,270 |
MON RIVER FLEET LIONS CLUB CO LAURA BOSNAK THOMPSON SECRETARY PURPOSE: The Mon River Fleet Lions Club acts as the fiscal agent for the Mon River Fleet SHIPs and the Mon River Fleet Leo Club. Each year, near the end of the fiscal year, they are provided with five grants as one check, one for each of the four SHIPs and one for the Leo Club. They range in value from $5,000 - $10,000 and are based on grant requests sent in by the SHIP and Leo Club facilitators. | $49,000 |
Elizabeth, PA PURPOSE: For the purchase of a Water Rescue Side Sonar Scanner | $25,000 |
MCKEESPORT AREA MEALS ON WHEELS CO ROSE MARSHALL PURPOSE: This grant was provided to assist the organization with rising costs of food and equipment repairs and upgrades. This program provides daily meals for approximately 100 shut-ins in the area. | $25,000 |
Homestead, PA PURPOSE: The grant was provided to fund the organization's Anti-Hunger Programs, which include the Kids Cafe, a Food Pantry, and the Breakfast Program, as well as supplemental services for program participants. | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mckeesport Hospital Foundation has recieved totaling $5,005.
| Awarding Organization | Amount |
|---|---|
E R Crawford Est Trust Fund A Mckeesport, PA PURPOSE: GENERAL OPERATING FUND | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
| Beg. Balance | $18,753,526 |
| Earnings | $4,277,441 |
| Other Expense | $519,331 |
| Ending Balance | $22,511,636 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frank Messer & Sons Construction Co Health Care Trust Agreement Cincinnati, OH | $1,608,604 | $18,730,323 |
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
New York State Health Foundation New York, NY | $362,119,820 | $12,287,243 |
Carpenters Health Fund Of West Virginia Ona, WV | $33,945,838 | $18,485,815 |
Childrens Specialized Hospital Foundation Inc Mountainside, NJ | $118,333,795 | $21,767,300 |
Hospital For Special Surgery Fund Inc New York, NY | $132,917,931 | $24,476,361 |
Overlook Foundation Summit, NJ | $124,262,093 | $22,064,217 |
Jhsi Inc Cincinnati, OH | $218,143,713 | $11,934,726 |
Deborah Hospital Foundation Browns Mills, NJ | $27,360,210 | $10,833,977 |
Akron Childrens Hospital Foundation Akron, OH | $226,447,307 | $32,651,405 |
Bethesda Inc Cincinnati, OH | $187,938,288 | $2,121,549 |
The Childrens Hospital Of Buffalo Foundation Buffalo, NY | $94,191,581 | $13,115,103 |