Community Hospital Foundtion Inc
- Assets
- $2.6m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Junction, CO
- Founding
- 00/0000
- Data as of
- 12/2021
- EIN
- 74-2576856
Organization Overview
Community Hospital Foundtion Inc is located in Grand Junction, CO. The organization was established in 0000. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, 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. Community Hospital Foundtion 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, Community Hospital Foundtion Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.8% each year . All expenses for the organization totaled $212.9k 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
THE COMMUNITY HOSPITAL FOUNDATION IS DEDICATED TO SUPPORTING THE HOSPITAL'S MISSION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT SERVICES AND PROGRAMS ADMINISTERED AND ENDORSED BY COMMUNITY HOSPITAL THROUGH EFFECTIVE PUBLIC RELATIONS AND FUNDRAISING ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Allen Chair | OfficerTrustee | 0.8 | $0 |
Melissa Guillen Secretary/treasurer | OfficerTrustee | 0.8 | $0 |
Eric Yarina Vice Chair | OfficerTrustee | 0.8 | $0 |
Jessica Migliaccio Board Member | Trustee | 0.8 | $0 |
Natalie Redding Board Member | Trustee | 0.8 | $0 |
Cassie Tufly Board Member | Trustee | 0.8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $347,108 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,654,876 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,001,984 |
| Total Program Service Revenue | $0 |
| Investment income | $193 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$129,541 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,872,636 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $12,002 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $51,684 |
| Compensation of current officers, directors, key employees. | $25,842 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,302 |
| 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 | $4,522 |
| 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 | $11 |
| 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 | $10,027 |
| Total functional expenses | $212,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,986,205 |
| Pledges and grants receivable | $660,000 |
| 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 | $2,646,205 |
| 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 | $10,663 |
| Total liabilities | $10,663 |
| Net assets without donor restrictions | -$138,168 |
| Net assets with donor restrictions | $2,773,710 |
| 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 | $2,646,205 |
Grants Awarded
Over the last fiscal year, Community Hospital Foundtion Inc has awarded $177,076 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Grand Junction, CO PURPOSE: Capital Purchases | $170,000 |
Arlington, VA PURPOSE: General Operations | $7,076 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community Hospital Foundtion Inc has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
International Association Of Lions Clubs Grand Junction, CO PURPOSE: CHARITABLE PURPOSES | $45,000 |
Endowment Analysis
| Beg. Balance | $5,376 |
| Ending Balance | $5,376 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uintah Basin Medical Center Roosevelt, UT | $123,876,812 | $104,820,070 |
Newton Healthcare Corporation Newton, KS | $117,996,443 | $104,642,864 |
Integris Health Edmond Inc Oklahoma City, OK | $260,031,221 | $95,781,800 |
Labette County Medical Center Parsons, KS | $105,070,673 | $101,559,622 |
Beatrice Community Hospital & Health Center Inc Beatrice, NE | $102,767,700 | $87,662,561 |
Mt Graham Regional Medical Center Inc Safford, AZ | $112,315,284 | $100,653,810 |
Rehoboth Mckinley Christian Health Care Service Inc Gallup, NM | $42,937,497 | $83,670,311 |
Southwest Medical Center Liberal, KS | $107,680,952 | $90,025,619 |
Cobre Valley Regional Medical Center Globe, AZ | $131,779,953 | $89,226,703 |
Winslow Indian Health Care Center Inc Winslow, AZ | $376,338,579 | $184,477,128 |
Cheyenne County Hospital Association Inc Sidney, NE | $103,262,011 | $70,779,074 |
Bisbee Hospital Association Bisbee, AZ | $83,487,894 | $66,073,485 |