Cabell Huntington Hospital Foundation Inc
- Assets
- $7.2m
- Revenue
- $4.8m
- Investments
- $1.3m
- Employees
- 0
- Location
- Huntington, WV
- Founding
- 05/1984
- Data as of
- 09/2021
- EIN
- 31-1096222
Organization Overview
Cabell Huntington Hospital Foundation Inc is located in Huntington, WV. The organization was established in 1984. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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. Cabell Huntington Hospital Foundation Inc 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, Cabell Huntington Hospital Foundation Inc generated $4.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.6m during the year ending 09/2021. While expenses have increased by 7.1% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR CABELL HUNTINGTON HOSPITAL, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO CABELL HUNTINGTON HOSPITAL, INC. FOR VARIOUS SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Craig Vice Chair | OfficerTrustee | 2 | $0 |
Bill Wright Treasurer | OfficerTrustee | 2 | $0 |
Jeff Biederman Jr Chair | OfficerTrustee | 2 | $0 |
Paul Smith Secretary | OfficerTrustee | 2 | $0 |
Bradley Burck Vice President | Officer | 40 | $0 |
Samuel Moore Board Member | Trustee | 2 | $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 | $4,372,505 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,372,505 |
| Total Program Service Revenue | $0 |
| Investment income | $276,496 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $114,373 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,763,374 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,161,768 |
| 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. | $231,394 |
| Compensation of current officers, directors, key employees. | $161,976 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,098 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,041 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $2,607,301 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $807,925 |
| Savings and temporary cash investments | $2,329,664 |
| Pledges and grants receivable | $693,012 |
| 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 | $2,056,996 |
| Investments—other securities | $1,281,453 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,169,050 |
| Accounts payable and accrued expenses | $0 |
| 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 | $61,004 |
| Total liabilities | $61,004 |
| Net assets without donor restrictions | $879,010 |
| Net assets with donor restrictions | $6,229,036 |
| 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 | $7,169,050 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Cabell Huntington Hospital Foundation Inc has recieved totaling $103,882.
| Awarding Organization | Amount |
|---|---|
Highmark Foundation Pittsburgh, PA PURPOSE: TO SUPPORT CO2 ORAL AND MAXILLOFACIAL DENTAL LASER FOR SURGERY. | $50,000 |
Foundation For The Tri-State Community Inc Ashland, KY | | $22,804 |
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $13,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,025 |
Hughes Family Foundation Inc Huntington, WV PURPOSE: CHARITABLE | $3,000 |
Endowment Analysis
| Beg. Balance | $630,000 |
| Earnings | $255,300 |
| Net Contributions | $2,689,610 |
| Ending Balance | $3,574,910 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kentuckyone Health Inc Lexington, KY | $15,206,136 | $12,087,828 |
Doylestown Health Foundation Doylestown, PA | $88,236,207 | $10,269,180 |
Newcourtland Elder Service Philadelphia, PA | $143,669,356 | $7,770,253 |
Metrohealth Foundation Inc Cleveland, OH | $88,791,792 | $21,235,092 |
Upmc Pinnacle Foundation Harrisburg, PA | $153,865,644 | $10,550,659 |
Community First Solutions Hamilton, OH | $99,479,120 | $13,306,151 |
Louisville Medical Center Development Corporation Louisville, KY | $97,176,335 | $8,068,476 |
York Health Foundation York, PA | $12,105,892 | $8,310,377 |
Ephraim Mcdowell Health Inc Danville, KY | $193,248,022 | $7,628,237 |
Horizon Foundation Of Howard County Inc Columbia, MD | $95,051,877 | $2,906,262 |
Norton Healthcare Foundation Inc Louisville, KY | $67,267,345 | $14,532,158 |
Messiah Lifeways Mechanicsburg, PA | $3,767,505 | $5,505,262 |