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← CHMC OTOLARYNGOLOGIC FOUNDATION INC VOLUNTARY EMPLOYEES BENEFIT PLAN

Form 990 for tax year 2024

Filed by CHMC OTOLARYNGOLOGIC FOUNDATION INC VOLUNTARY EMPLOYEES BENEFIT PLAN.

Totals

Total revenue
$5,651,670
Total expenses
$156,393
Contributions and grants received
$5,200,000
Grants paid
$0
Program service revenue
$0
Investment income
$451,489
Other revenue
$181
Total assets, end of year
$12,712,698
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$12,712,698
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $5,200,000

  • 3 · Investment income

    total $320,057 · excluded $320,057

  • 7a · Gross sales of assets other than inventory

    securities $2,004,032

  • 7b · Less cost or other basis and sales expenses

    securities $1,872,600

  • 7c · Gain or loss

    securities $131,432

  • 7d · Net gain or loss

    total $131,432 · excluded $131,432

  • 11a · Other revenue: Class action proceeds

    total $181 · excluded $181

  • 11e · Other revenue, total

    $181

Functional expenses

Part IX, the statement of functional expenses.

  • 4 · Benefits paid to or for members

    total $86,234

  • 11f · Fees: investment management

    total $70,159

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $183,578 · end of year $58,708

  • 11 · Investments: publicly traded securities

    beginning of year $6,384,331 · end of year $12,643,168

  • 15 · Other assets

    beginning of year $2,283 · end of year $10,822

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $6,570,192 · end of year $12,712,698

Mission and programs · 2024

Mission

To provide funding for the CHMC Otolaryngologic Foundation, Inc. Retiree Health & Welfare Benefit Plan, a plan established to provide certain health and welfare benefits to eligible retired employees of the Foundation and their spouses.

Activities or mission (Part I)

To provide funding for the CHMC Otolaryngologic Foundation, Inc. Retiree Health & Welfare Benefit Plan

  • Benefits to participants and spouses; the employer (CHMC Otolaryngologic Foundation, Inc.) does not charge for donated services.

As filed on the 2024 return.

Listed in Part VII

  • BNY Mellon NA

    Directed Trustee

    Total calculated
    $70,159
    From this org
    $70,159
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
22 April 2025
IRS schema version
2024v5.1
Source object
202531159349301438

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