Drew Health Foundation
- Assets
- $3.4m
- Revenue
- $246.4k
- Investments
- $0.0
- Employees
- 1
- Location
- East Palo Alto, CA
- Founding
- 01/1968
- Data as of
- 03/2022
- EIN
- 94-1647797
Organization Overview
Drew Health Foundation is located in East Palo Alto, CA. The organization was established in 1968. According to its NTEE Classification (E30) the organization is classified as: Ambulatory & Primary Health Care, 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. Drew 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 03/2022, Drew Health Foundation generated $246.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $202.0k during the year ending 03/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE COMMUNITY RESIDENTS WITH COMMUNITY REFERRAL RESOURCES, LOW-COST HOUSING, COMPREHENSIVE HEALTH CARE REFERRAL SERVICES AND PREVENTATIVE EDUCATION DESIGNED TO MEET THEIR NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTINUED THE DEVELOPMENT OF THE BEST USE OF RESOURCES AS A COMMUNITY REFERRAL RESOURCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carsjanae Pettiford-Reese Executive Director | OfficerTrustee | 39.5 | $60,000 |
Opal Harper Director | Trustee | 1 | $0 |
Lorraine Holmes Vice Chair | Trustee | 1 | $0 |
Alvin Spencer Director | Trustee | 1 | $0 |
Sandra Sterling Chairman | Trustee | 1 | $0 |
Jason Auzenne Director | Trustee | 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 | $94 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $94 |
| Total Program Service Revenue | $55,134 |
| Investment income | $82,420 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $108,770 |
| 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 | $246,418 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,298 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,702 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,029 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,683 |
| 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 | $43,807 |
| Insurance | $13,518 |
| All other expenses | $13,615 |
| Total functional expenses | $201,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,121 |
| Savings and temporary cash investments | $25,567 |
| 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 | $94,310 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,128,223 |
| Investments—publicly traded securities | $2,013,193 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,400,414 |
| 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 | $10,105 |
| Total liabilities | $10,105 |
| Net assets without donor restrictions | $0 |
| 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 | $3,390,309 |
| Total liabilities and net assets/fund balances | $3,400,414 |
Grants Awarded
Over the last fiscal year, Drew Health Foundation has awarded $10,550 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
TORCH SHOWCASE | | | $2,800 |
ECUMENICAL HUNGER PROGRAM | | | $2,500 |
NORCAL ALARM | | | $1,500 |
BAY CAFE | | | $1,000 |
CHILDREN'S DAY IN THE PARK | | | $1,000 |
EPA POLICE ATHLETIC LEAGUE | | | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Medical Centers Inc Stockton, CA | $80,924,319 | $108,026,875 |
Marana Health Center Inc Marana, AZ | $64,740,218 | $80,721,822 |
Clinicas De Salud Del Pueblo Inc El Centro, CA | $60,406,470 | $80,859,824 |
Gardner Family Health Network Inc Alviso, CA | $42,029,978 | $73,924,368 |
Kauai Medical Clinic Honolulu, HI | $25,849,919 | $63,113,020 |
Asian Health Services Oakland, CA | $107,043,316 | $75,776,909 |
Montage Medical Group Monterey, CA | $6,246,074 | $54,870,218 |
Centennial Medical Group Inc Roseburg, OR | $20,539,880 | $40,787,906 |
Sun Life Family Health Center Inc Case Grande, AZ | $50,187,289 | $64,448,701 |
Riverside-San Bernardino County Indian Health Inc Grand Terrace, CA | $159,947,139 | $92,692,738 |
Nevada Health Centers Inc Carson City, NV | $41,549,855 | $55,310,099 |
Chiricahua Community Health Centers Inc Douglas, AZ | $37,104,294 | $55,152,190 |