Suffolk Community Hospital Foundation Inc
- Assets
- $55.5k
- Revenue
- $29.0
- Investments
- $0.0
- Employees
- 0
- Location
- Suffolk, VA
- Founding
- 07/1987
- Data as of
- 12/2021
- EIN
- 54-1245182
Organization Overview
Suffolk Community Hospital Foundation Inc is located in Suffolk, VA. The organization was established in 1987. 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. Suffolk Community 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 12/2021, Suffolk Community Hospital Foundation Inc generated $29.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.8%) each year. All expenses for the organization totaled $2.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Ross Boone President | 0 | $0 | |
Elaine D Beaman Vice-President | 0 | $0 | |
Louvenia Milteer Secretary-Treasurer | 0 | $0 | |
Ruby Walden Director | 0 | $0 | |
Phillip B Boone ESQ Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $2,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,494 |
| 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 | $55,494 |
| 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, Suffolk Community Hospital Foundation Inc has awarded $1,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SUFFOLK PARTNERSHIP FOR HEALTHY SUFFOLK PURPOSE: SERVICE TO PUBLIC | $1,000 |
Suffolk, VA PURPOSE: SERVICE TO PUBLIC | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Potomac Healthcare Foundation Baltimore, MD | $18,480,223 | $9,146,627 |
Laborers Health & Safety Fund Of North America Washington, DC | $15,187,119 | $9,496,555 |
Forsyth Medical Center Foundation Winston Salem, NC | $87,707,112 | $11,824,054 |
Steamfitters Local Union No 614 Health And Welfare Fund Goodlettsville, TN | $7,419,659 | $7,338,245 |
Keswick Foundation Inc Baltimore, MD | $211,590,751 | $5,072,439 |
Foundation Of Firsthealth Inc Pinehurst, NC | $97,006,378 | $9,255,156 |
Alliance Of Community Health Plans Inc Washington, DC | $10,215,442 | $8,020,025 |
Plumbers And Steamfitters Union 10 Health And Welfare Fund Goodlettsville, TN | $14,693,700 | $8,210,089 |
Luminis Health Anne Arundel Medical Center Foundation Inc Annapolis, MD | $88,116,046 | $5,760,071 |
Teamsters Local 922 Employers Health Trust Columbia, MD | $4,956,292 | $7,287,362 |
Moses Cone-Wesley Long Community Health Foundation Inc Greensboro, NC | $128,321,235 | $23,346,538 |
Southeastern Pipetrades Health And Welfare Fund Goodlettsville, TN | $15,821,279 | $9,061,781 |