Ahmc Health Foundation
- Assets
- $2.6m
- Revenue
- $9.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Alhambra, CA
- Founding
- 10/2009
- Data as of
- 12/2021
- EIN
- 90-0484693
Organization Overview
Ahmc Health Foundation is located in Alhambra, CA. The organization was established in 2009. According to its NTEE Classification (E60) the organization is classified as: Health 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. Ahmc Health 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, Ahmc Health Foundation generated $9.5k 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 (27.9%) each year. All expenses for the organization totaled $99.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ahmc Health Foundation has awarded 16 individual grants totaling $336,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE AHMC HEALTH FOUNDATION EXISTS TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE IN THE COMMUNITIES SERVED BY AHMC-AFFILIATED HOSPITALS. THE FOUNDATION INTENDS TO FOCUS ON ADDRESSING THE DISPARITIES IN HEALTH CARE, PARTICULARLY THOSE THAT ARE THE RESULT OF CULTURAL AND LINGUISTIC BARRIERS THAT IMPEDE INDIVIDUALS FROM ACCESSING CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED HEALTH SCREENINGS, SPONSORED BLOOD DRIVES AND BROUGHT AWARENESS TO THE PUBLIC THROUGH HEALTH FAIRS AND OTHER OUTREACH OR EDUCATION PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Wu Chairman | OfficerTrustee | 0 | $0 |
Philip A Cohen President & CEO | OfficerTrustee | 0 | $0 |
Kenneth Lee Vice President | Officer | 0 | $0 |
Raymond Cheng Director | Trustee | 0 | $0 |
Sandy Ho Director | Trustee | 0 | $0 |
Maan-Huei Hung Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Investment income | $4,515 |
| 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 | $9,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,000 |
| 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 | $1,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $900 |
| Advertising and promotion | $0 |
| Office expenses | $1,580 |
| 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 | $1,544 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,504 |
| All other expenses | $0 |
| Total functional expenses | $99,479 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,621,571 |
| 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 | $2,621,571 |
| 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 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $2,338,386 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $283,185 |
| Total liabilities and net assets/fund balances | $2,621,571 |
Grants Awarded
Over the last fiscal year, Ahmc Health Foundation has awarded $81,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Alhambra, CA PURPOSE: UPDATE PEDIATRIC DENTAL EQUIPMENT | $46,000 |
Monterey Park, CA PURPOSE: SUPPORT SOCIAL & EMOTIONAL WELLNESS INITIATIVE | $25,000 |
Pasadena, CA PURPOSE: SUPPORT HEALTH & COVID RELATED SERVICES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Weave Inc Sacramento, CA | $13,914,949 | $13,834,479 |
California Housing Foundation Redlands, CA | $127,602,722 | $11,460,522 |
Medic Alert Foundation United States Inc Turlock, CA | $13,450,917 | $8,673,816 |
Technical Assistance Partnership Of Arizona Phoenix, AZ | $8,493,848 | $8,170,054 |
Silver State Health Services Las Vegas, NV | $4,142,806 | $6,877,372 |
Willamette Health Council Salem, OR | $2,326,042 | $6,667,856 |
George Mark Childrens Fund San Leandro, CA | $14,683,595 | $6,265,889 |
We Care Solar Berkeley, CA | $11,118,538 | $5,857,780 |
Noora Health San Francisco, CA | $51,920,130 | $52,257,405 |
California Coverage And Health Initiatives Sacramento, CA | $1,599,137 | $4,093,230 |
University Lab Partners Irvine, CA | $3,170,025 | $3,756,700 |
Nevada Primary Care Association Carson City, NV | $641,818 | $3,552,023 |