Tracy Hospital Foundation
- Assets
- $21.2m
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Sacramento, CA
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 68-0318845
Organization Overview
Tracy Hospital Foundation is located in Sacramento, CA. The organization was established in 1994. 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. Tracy Hospital 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 12/2021, Tracy Hospital Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.5% each year . All expenses for the organization totaled $587.8k during the year ending 12/2021. 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
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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 |
|---|---|---|---|
Andrew Trosien DDS Trustee/secretary | OfficerTrustee | 2 | $0 |
Ronald Cedillo Trustee/chair | OfficerTrustee | 2 | $0 |
Dianne Timan Trustee/vice-Chair | OfficerTrustee | 2 | $0 |
Lisa Hume Director Of Philanthropy | OfficerTrustee | 2 | $0 |
Jodi Davis Chief Philanthropy Officer-Sh | Officer | 0 | $0 |
Tracy Roman CFO Mmc/stch/mhlb/sah/thf | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $67 |
| Membership dues | $0 |
| Fundraising events | $7,138 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $318,330 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $325,535 |
| Total Program Service Revenue | $179,909 |
| Investment income | $323,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,441,414 |
| Net Income from Fundraising Events | -$2,904 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,267,794 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $226,181 |
| 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 | $97,804 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $61,344 |
| Payroll taxes | $23 |
| 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 | $43,960 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $268 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $38,214 |
| 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 | $22,235 |
| Insurance | $6,521 |
| All other expenses | $0 |
| Total functional expenses | $587,751 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $973,097 |
| Pledges and grants receivable | $279,310 |
| 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 | $1,178,671 |
| Investments—publicly traded securities | $18,753,967 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,704 |
| Total assets | $21,193,749 |
| Accounts payable and accrued expenses | $295,026 |
| 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 | $3,659 |
| Total liabilities | $298,685 |
| Net assets without donor restrictions | $20,096,094 |
| Net assets with donor restrictions | $798,970 |
| 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 | $21,193,749 |
Grants Awarded
Over the last fiscal year, Tracy Hospital Foundation has awarded $481,232 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
SUTTER CENTRAL VALLEY HOSPITAL DBA STCH PURPOSE: PROGRAM SUPPORT | $262,212 |
Tracy, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Tracy, CA PURPOSE: GENERAL SUPPORT | $50,000 |
TRACY UNIFIED SCHOOL DISTRICT PURPOSE: PROGRAM SUPPORT | $34,720 |
CHARTERHOUSE CENTER FOR FAMILIES PURPOSE: GENERAL SUPPORT | $25,000 |
Tracy, CA PURPOSE: GENERAL SUPPORT | $25,000 |
Endowment Analysis
| Beg. Balance | $9,251,630 |
| Earnings | $1,155,582 |
| Ending Balance | $10,407,212 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Teamsters Managed Health Care Trust Pleasanton, CA | $34,990,586 | $90,291,232 |
High Desert & Inland Employee- Employer Trust Apple Valley, CA | $8,134,571 | $74,305,229 |
Intel Retiree Medical Plan Tr Santa Clara, CA | $691,186,910 | $97,588,377 |
Saint Agnes Medical Foundation Fresno, CA | $14,742,009 | $46,818,162 |
Amalgamated Transit Union-Div 1277 Scrtd Health & Welfare Fund Los Angeles, CA | $65,023,279 | $80,787,185 |
Kaiser Health Plan Asset Management Inc Oakland, CA | $308,869,561 | $61,696,347 |
Baychildrens Physicians Emeryville, CA | $9,899,523 | $53,401,080 |
St Joseph Health System Foundation Irvine, CA | $143,290,236 | $11,443,697 |
Montage Health Monterey, CA | $1,194,971,781 | $24,934,735 |
Hoag Hospital Foundation Newport Beach, CA | $584,715,727 | $185,764,932 |
California Pacific Medical Center Foundation Sacramento, CA | $485,240,778 | $61,000,436 |
Childrens Health Council Inc Palo Alto, CA | $96,571,005 | $43,949,984 |