Laughlin Health Care Foundation
- Assets
- $643.7k
- Revenue
- -$107.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Johnson City, TN
- Founding
- Data as of
- 06/2018
- EIN
- 58-2105493
Organization Overview
Laughlin Health Care Foundation is located in Johnson City, TN. Laughlin Health Care Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION: HONOR THOSE WE SERVE BY DELIVERING THE BEST POSSIBLE CARE. OUR VISION: TO BUILD A LEGACY OF SUPERIOR HEALTH BY LISTENING TO AND CARING FOR THOSE WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAUGHLIN HEALTH CARE FOUNDATION IS A NONPROFIT SUPPORTING ORGANIZATION CREATED TO FUNDRAISE AND SUPPORT LAUGHLIN MEMORIAL HOSPITAL. THE FOUNDATION IS CONCERNED WITH THE HEALTH NEEDS OF OUR COMMUNITY.THE FOUNDATION IS DEDICATED TO BUILDING STRONG RELATIONSHIPS WITH THE COMMUNITY TO IMPROVE THE HEALTH OF OUR AREA'S RESIDENTS. CONTINUED ON SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Burns Treasurer | OfficerTrustee | 0.4 | $0 |
Alan Corley Chair | OfficerTrustee | 0.4 | $0 |
Cecil Easterly Secretary | OfficerTrustee | 0.4 | $0 |
Justin Jeffers Vice-Chair | OfficerTrustee | 0.4 | $0 |
Charles Whitfield Director | Trustee | 0.4 | $0 |
Ray Adams Director | Trustee | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $37,624 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,624 |
| Total Program Service Revenue | $0 |
| Investment income | $10,555 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$157,023 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$107,844 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $53,130 |
| 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. | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $53,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,064 |
| Pledges and grants receivable | $0 |
| 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 | $589,616 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $643,680 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $229,844 |
| Temporarily restricted net Assets | $117,388 |
| Permanently restricted net Assets or current funds | $296,448 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $643,680 |
Grants Awarded
Over the last fiscal year, Laughlin Health Care Foundation has awarded $209,726 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LAUGHLIN MEMORIAL HOSPITAL INC PURPOSE: HEALTHCARE SUPPORT | $203,779 |
Kingsport, TN PURPOSE: PROVIDE FOOD TO CHILDREN | $5,947 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Laughlin Health Care Foundation has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
The Governor's Foundation For Health And Wellness F/K/A Tn Health & Wellness Fnd Nashville, TN PURPOSE: BUY WATER BOTTLE REFILL STATIONS FOR GREENE COUNTY SCHOOLS AND POSSIBLY $25 INCENTIVES TO ELEMENTARY TEACHERS FOR PROMOTING HEALTHY CHOICES IN THEIR CLASSROOMS. | $5,000 |
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