Port Huron Hospital Foundation
- Assets
- $5.2m
- Revenue
- $946.6k
- Investments
- $46.4k
- Employees
- 0
- Location
- Port Huron, MI
- Founding
- 04/1988
- Data as of
- 09/2021
- EIN
- 38-2777750
Organization Overview
Port Huron Hospital Foundation, operating under the name Mclaren Port Huron Foundation, is located in Port Huron, MI. The organization was established in 1988. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Mclaren Port Huron 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, Mclaren Port Huron Foundation generated $946.6k 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 (4.7%) each year. All expenses for the organization totaled $1.0m during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Mclaren Port Huron Foundation has awarded 12 individual grants totaling $6,691,449. 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
WE CREATE OPPORTUNITIES TO INSPIRE GENEROSITY AND CONNECT WITH OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RECEIVED AND ADMINISTERED CONTRIBUTIONS FOR CHARITABLE AND SCIENTIFIC TRAINING TO THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Tait Director Foundation | OfficerTrustee | 1 | $0 |
Eric Cecava Director/president & CEO | OfficerTrustee | 1 | $0 |
Janal Mossett Chair | OfficerTrustee | 1 | $0 |
Riley Alley Secretary | OfficerTrustee | 1 | $0 |
Robert Wilkinson Treasurer | OfficerTrustee | 1 | $0 |
Ellen Hoover Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $21,340 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $546,153 |
| Noncash contributions included in lines 1a–1f | $50,830 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $567,493 |
| Total Program Service Revenue | $0 |
| Investment income | $109,077 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $211,966 |
| Net Income from Fundraising Events | $58,021 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $946,557 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $595,413 |
| Grants and other assistance to domestic individuals. | $101,824 |
| 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 | $0 |
| 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 | $54,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,053 |
| Fees for services: Other | $222,317 |
| Advertising and promotion | $0 |
| Office expenses | $6,510 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,063 |
| 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 | $7,121 |
| Total functional expenses | $1,034,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,270 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $341,491 |
| Accounts receivable, net | $80,906 |
| 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 | $4,666,841 |
| Investments—other securities | $46,400 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,167,908 |
| Accounts payable and accrued expenses | $509,385 |
| 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 | $303,417 |
| Total liabilities | $812,802 |
| Net assets without donor restrictions | $1,123,623 |
| Net assets with donor restrictions | $3,231,483 |
| 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 | $5,167,908 |
Grants Awarded
Over the last fiscal year, Port Huron Hospital Foundation has awarded $3,739,180 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Port Huron, MI PURPOSE: OPERATIONS AND CAPITAL, PROGRAM SUPPORT | $1,799,330 |
Port Huron, MI PURPOSE: OPERATIONS AND CAPITAL, PROGRAM SUPPORT | $1,799,330 |
Port Huron, MI PURPOSE: CAPITAL PROGRAM SUPPORT | $70,260 |
Port Huron, MI PURPOSE: CAPITAL PROGRAM SUPPORT | $70,260 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Port Huron Hospital Foundation has recieved totaling $138,550.
| Awarding Organization | Amount |
|---|---|
Detroit & Wayne County Tuberculosis Foundation St Clair Shores, MI PURPOSE: RESPIRATORY EQUIP | $96,490 |
Community Foundation Of St Clair County Port Huron, MI PURPOSE: STAFF RECOGNITION PROGRAM/BIG GIVE/YALE COMMUNITY HEALTH/BONUS POOL | $42,060 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Health Information Exchange Inc Indianapolis, IN | $7,071,643 | $17,868,575 |
Frank Messer & Sons Construction Co Health Care Trust Agreement Cincinnati, OH | $1,608,604 | $18,730,323 |
Vollrath Company Employee Health & Welfare Benefit Trust Sheboygan, WI | $1,493,056 | $18,329,364 |
Ohio Bricklayers Health And Welfare Fund Troy, MI | $39,451,516 | $19,388,993 |
Henry Ford Health System Foundation Detroit, MI | $411,181,841 | $16,717,457 |
Midmichigan Health Foundation Midland, MI | $38,469,192 | $3,599,995 |
Jhsi Inc Cincinnati, OH | $218,143,713 | $11,934,726 |
Akron Childrens Hospital Foundation Akron, OH | $226,447,307 | $32,651,405 |
Bethesda Inc Cincinnati, OH | $187,938,288 | $2,121,549 |
Childrens Hospital Of Michigan Foundation Detroit, MI | $153,035,262 | $18,796,884 |
Reformed Benefits Association Grand Rapids, MI | $9,561,157 | $15,087,077 |
Bronson Properties Corporation Kalamazoo, MI | $80,947,112 | $15,014,502 |