Confluence Health Foundation
- Assets
- $23.0m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Wenatchee, WA
- Founding
- 08/1979
- Data as of
- 12/2021
- EIN
- 91-1075950
Organization Overview
Confluence Health Foundation is located in Wenatchee, WA. The organization was established in 1979. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, 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. Confluence 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, Confluence Health Foundation generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $1.2m 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
TO DEVELOP SUCCESSFUL FUNDRAISING PROGRAMS TO SUPPORT CONFLUENCE HEALTH AND AFFILIATES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTING AND SUSTAINING PHILANTHROPIC ACTIVITIES FOR THE BENEFIT OF CONFLUENCE HEALTH HOSPITALS AND CLINICS TO ENABLE THEM TO ACHIEVE THEIR PROGRAM SERVICE ACCOMPLISHMENTS DETAILED ON THE ORGANIZATIONS' FORM 990.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abel Noah Vice President, Executive Trustee | Officer | 40 | $193,970 |
Steve Neher CPA Vice President | OfficerTrustee | 1 | $0 |
Sue Ozburn President | OfficerTrustee | 1 | $0 |
Alice Meyer Past President | OfficerTrustee | 1 | $0 |
Ted Fukuzawa Treasurer | OfficerTrustee | 1 | $0 |
Rick Deich Secretary | OfficerTrustee | 1 | $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 | $2,116,390 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,116,390 |
| Total Program Service Revenue | $0 |
| Investment income | $522,946 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $11,405 |
| Net Gain/Loss on Asset Sales | $4,306 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $47,155 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,734,247 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $224,614 |
| Grants and other assistance to domestic individuals. | $171,152 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $221,905 |
| Compensation of current officers, directors, key employees. | $43,402 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $191,784 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $55,863 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,652 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,882 |
| Fees for services: Other | $73,837 |
| Advertising and promotion | $0 |
| Office expenses | $139,231 |
| 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 | $17,894 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,197,696 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,184,844 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $475,004 |
| Accounts receivable, net | $1,537 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,983 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,652,724 |
| Investments—publicly traded securities | $16,629,229 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,115 |
| Total assets | $22,998,436 |
| Accounts payable and accrued expenses | $144,564 |
| Grants payable | $3,330,615 |
| 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 | $401,241 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $260,972 |
| Total liabilities | $4,137,392 |
| Net assets without donor restrictions | $16,504,688 |
| Net assets with donor restrictions | $2,356,356 |
| 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 | $22,998,436 |
Grants Awarded
Over the last fiscal year, Confluence Health Foundation has awarded $224,614 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Wenatchee, WA PURPOSE: HEALTHCARE PROGRAMS | $201,754 |
Wenatchee, WA PURPOSE: HEALTHCARE PROGRAMS | $22,860 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Confluence Health Foundation has recieved totaling $403,869.
| Awarding Organization | Amount |
|---|---|
Central Washington Health Services Association Wenatchee, WA PURPOSE: GENERAL | $270,365 |
A Z Wells Foundation Wenatchee, WA PURPOSE: OPERATIONAL SUPPORT | $39,409 |
A Z Wells Foundation Wenatchee, WA PURPOSE: OPERATIONAL SUPPORT | $39,409 |
Community Foundation Of North Central Washington Wenatchee, WA PURPOSE: VARIOUS PURPOSES AS APPROVED BY CFNCW BOARD | $27,486 |
Anjulicia Foundation Bend, OR PURPOSE: CANCER CARE CAPITAL CAMPAIGN | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $7,200 |
Endowment Analysis
| Beg. Balance | $1,071,402 |
| Earnings | $124,994 |
| Net Contributions | $100,000 |
| Other Expense | $10,003 |
| Ending Balance | $1,286,393 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Providence Alaska Foundation Anchorage, AK | $54,538,892 | $8,928,783 |
Washington Health Care Association Tumwater, WA | $5,031,223 | $5,030,838 |
Columbia Gorge Health Council The Dalles, OR | $8,390,720 | $7,941,370 |
Period Inc Portland, OR | $542,667 | $1,655,955 |
St Lukes Wood River Foundation Inc Ketchum, ID | $35,035,918 | $4,633,812 |
Confluence Health Foundation Wenatchee, WA | $22,998,436 | $2,734,247 |
Community Health Worker Coalition For Migrants And Refugees Edmonds, WA | $682,904 | $1,461,228 |
Idaho Health Care Association Inc Boise, ID | $1,235,518 | $958,613 |
Sunnyside Home Health Sunnyside, WA | $883,950 | $987,270 |
Association Of Washington Health Care Plans Olympia, WA | $316,643 | $479,062 |
On Site For Seniors Inc Hayden, ID | $422,252 | $379,552 |
Meridian Park Medical Foundation Portland, OR | $0 | $3,801,745 |