Florida Health Care Education & Development Foundation Inc
- Assets
- $283.4k
- Revenue
- $552.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Tallahassee, FL
- Founding
- 09/1985
- Data as of
- 12/2023
- EIN
- 59-2506713
Organization Overview
Florida Health Care Education & Development Foundation Inc is located in Tallahassee, FL. The organization was established in 1985. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Health Care Education & Development 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 12/2023, Florida Health Care Education & Development Foundation Inc generated $552.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 72.7% each year . All expenses for the organization totaled $470.9k during the year ending 12/2023. While expenses have increased by 49.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FLORIDA HEALTH CARE EDUCATION & DEVELOPMENT FOUNDATION, INC. PROMOTES THE EDUCATIONAL AND PROFESSIONAL GROWTH OF EMPLOYEES IN FLORIDA HEALTH CARE ASSOCIATION MEMBER FACILITIES TO SUPPORT STAFF STABILITY AND IMPROVED OUTCOMES OF RESIDENT CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION WAS ESTABLISHED BY THE FLORIDA HEALTH CARE ASSOCIATION IN 1983 TO PROMOTE SCHOLARSHIP PROGRAMS FOR NURSES AND CAREGIVERS WORKING IN MEMBER FACILITIES. ADDITIONALLY, THE FOUNDATION SEEKS PRIVATE FUNDING THROUGH FOUNDATIONS, GRANTS AND OTHER CONTRIBUTIONS TO ASSIST MEMBER FACILITIES WITH CONTINUOUS QUALITY IMPROVEMENT PROGRAMS, WORKFORCE INITIATIVES AND EMERGENCY PREPAREDNESS, RESPONSE AND RECOVERY. THE FOUNDATION IS FUNDED THROUGH INDIVIDUAL AND CORPORATE DONORS, ALONG WITH ONGOING SUPPORT FROM ANNUAL FHCA FUNDRAISING EVENTS.
CAREGIVERS FL CAREER PROGRAM - A STATEWIDE INITIATIVE TO INCREASE THE NUMBER OF DIRECT CARE WORKERS, SPECIFICALLY CERTIFIED NURSING ASSISTANTS, INTO THE LONG-TERM CARE PROFESSION. THE PROGRAM IS FUNDED BY A $1.8 MILLION GRANT WHICH IS SPONSORED BY THE AGENCY FOR HEALTH CARE ADMINISTRATION WITH FEDERAL FUNDS FROM THE CENTERS FOR MEDICARE AND MEDICAID SERVICES. THE PROGRAM WILL FOCUS ON RAISING AWARENESS ABOUT LONG TERM CARE AS A OPPORTUNITY FOR CAREER GROWTH, ENHANCING THE RECRUITMENT AND RETENTION EFFORTS OF FLORIDA'S NURSING CENTERS AND BUILDING PARTNERSHIPS WITH STATEWIDE EDUCATIONAL, WORKFORCE AND VETERANS ORGANIZATIONS TO ENCOURAGE INDIVIDUALS TO MAKE LONG TERM CARE THEIR CHOSEN CAREER PATH. DURING THE YEAR ENDED DECEMBER 31, 2023, APPROXIMATELY $462,000 WAS RECOGNIZED IN RELATION TO THE GRANT.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Emmett Reed Chief Executive Officer | OfficerTrustee | 1 | $0 |
Kendra Ferrero Chair | OfficerTrustee | 1 | $0 |
Anita Faulmann Vice Chair | OfficerTrustee | 1 | $0 |
Julie Morris Secretary | OfficerTrustee | 1 | $0 |
Joshua Wagoner Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $41,906 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $509,525 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,431 |
| Total Program Service Revenue | $0 |
| Investment income | $1,500 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $552,931 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $6,000 |
| 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 | $461,978 |
| Advertising and promotion | $0 |
| Office expenses | $2,966 |
| 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 | $470,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $283,406 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $283,406 |
| 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 | $102,758 |
| Total liabilities | $102,758 |
| Net assets without donor restrictions | $180,648 |
| Net assets with donor restrictions | $0 |
| 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 | $283,406 |