Form 990 for tax year 2023
Filed by MCKEESPORT HOSPITAL FOUNDATION.
Totals
- Total revenue
- $1,089,227
- Total expenses
- $965,282
- Contributions and grants received
- $41,966
- Grants paid
- $765,414
- Program service revenue
- $0
- Investment income
- $1,016,548
- Other revenue
- $30,713
- Total assets, end of year
- $31,540,213
- Total liabilities, end of year
- $68,479
- Net assets or fund balances, end of year
- $31,471,734
- Program services expenses (Part IX)
- $813,698
- Management and general expenses
- $137,946
- Fundraising expenses
- $13,638
- Program service expenses (Part III)
- $813,698
Program services were 84.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
-
1f · All other contributions, gifts and grants
$41,966
-
3 · Investment income
total $777,592 · excluded $777,592
-
6a · Gross rents
real property $30,713
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $30,713
-
6d · Net rental income or loss
total $30,713 · excluded $30,713
-
7a · Gross sales of assets other than inventory
securities $3,679,708
-
7b · Less cost or other basis and sales expenses
securities $3,440,752
-
7c · Gain or loss
securities $238,956
-
7d · Net gain or loss
total $238,956 · excluded $238,956
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $763,414 · program services $763,414
-
2 · Grants to domestic individuals
total $2,000 · program services $2,000
-
11c · Fees: accounting
total $18,578 · management and general $18,578
-
11f · Fees: investment management
total $72,992 · management and general $72,992
-
11g · Fees: other
total $22,576 · program services $22,426 · management and general $150
-
12 · Advertising and promotion
total $12,897 · fundraising $12,897
-
13 · Office expenses
total $940 · program services $199 · fundraising $741
-
16 · Occupancy
total $9,860 · management and general $9,860
-
22 · Depreciation, depletion and amortization
total $36,366 · management and general $36,366
-
24a · Other expenses: EVENT EXPENSES
total $24,589 · program services $24,589
-
24b · Other expenses: SUBSCRIPTION/PUBLICATIO
total $1,070 · program services $1,070
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $202,088 · end of year $165,762
-
4 · Accounts receivable
beginning of year $15,451 · end of year $2,000
-
9 · Prepaid expenses and deferred charges
end of year $23,335
-
10a · Land, buildings and equipment: cost or other basis
$1,379,012
-
10b · Land, buildings and equipment: accumulated depreciation
$286,013
-
10c · Land, buildings and equipment, net
beginning of year $1,129,365 · end of year $1,092,999
-
11 · Investments: publicly traded securities
beginning of year $27,508,764 · end of year $30,256,117
-
17 · Accounts payable and accrued expenses
beginning of year $34,130 · end of year $43,479
-
19 · Deferred revenue
beginning of year $29,896 · end of year $25,000
-
27 · Net assets without donor restrictions
beginning of year $10,797,684 · end of year $12,181,191
-
28 · Net assets with donor restrictions
beginning of year $17,993,958 · end of year $19,290,543
Mission and programs · 2023
Mission
THE FOUNDATION IS A NON-PROFIT, COMMUNITY-BASED, PENNSYLVANIA CORPORATION THAT BUILDS AN ENDOWMENT TO BENEFIT AND PROVIDE FUNDING SUPPORT FOR HEALTH-RELATED CHARITABLE ENTITIES LOCATED IN THE COMMUNITIES SERVED BY UPMC MCKEESPORT. THIS FUNDING SUPPORT IS DERIVED FROM SPECIAL EVENTS, GRANTS, AND DONATIONS. THESE CONTRIBUTIONS WILL HELP ENSURE THE CONTINUED AVAILABILITY AND DELIVERY OF HEALTHCARE SERVICES FOR SUCH COMMUNITIES.
Activities or mission (Part I)
SUPPORT PRIMARY HEALTH CARE FACILITIES AND SERVICES IN THE LOCAL AREA
-
THE FOUNDATION IS SUPPORTIVE OF UPMC MCKEESPORT ADVANCEMENTS IN HEALTH CARE TECHNOLOGY. IN ADDITION, THE FOUNDATION IS A LEADER IN COMMUNITY HEALTH INITIATIVE PROGRAMS INCLUDING THE AWARD WINNING STATE HEALTH IMPROVEMENT PLAN COMMUNITY PARTNERSHIPS. THESE COMMUNITY PARTNERSHIPS PROVIDE PROGRAMS AND SERVICES WITH DEFINED GOALS AND OBJECTIVES FOR 33,000 RESIDENTS IN BRADDOCK, CLAIRTON, DUQUESNE AND MCKEESPORT. IN ADDITION, THE FOUNDATION HAS SUPPORTED THE MEDICATION NEEDS OF THOSE SEEKING MEDICAL CARE AND WHO HAVE NO MEDICATION COVERAGE AND THROUGH A CLOSE WORKING RELATIONSHIP WITH THE HOSPITAL PHARMACY AND SOCIAL WORK DEPARTMENTS, SERVING DOZENS OF PEOPLE EACH MONTH THROUGH THREE PROGRAMS. FURTHERMORE, THE FOUNDATION WORKS CLOSELY WITH LOCAL AGENCIES PROVIDING SUPPORT IN COORDINATING THEIR ACTIVITIES AND ANNUAL FUNDRAISERS.
Expenses $813,698 · Grants $765,414
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Carl P KovskiCARL P KOVSKI
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Irving J LattermanIRVING J LATTERMAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Donald Beck DpmDONALD BECK DPM
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Richard Bondi MDRICHARD BONDI MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
D James HeatheringtonD JAMES HEATHERINGTON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Alma HoffmanALMA HOFFMAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mary Ann LatusekMARY ANN LATUSEK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John E MacDonaldJOHN E MACDONALD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rebecca Shaw McHolmeREBECCA SHAW MCHOLME
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kathy BartilsonKATHY BARTILSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Madhusudanan Nair MDMADHUSUDANAN NAIR MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Rula SkesazDR RULA SKESAZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rev Arlene WalkerREV ARLENE WALKER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Dafe Ogagn MDDR DAFE OGAGN MD
EX-OFFICIO MEMBER
- Total calculated
- $0
- Hours/week
- 1
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
-
$485,326
PROGRAM SUPPORT
-
$41,039
PROGRAM SUPPORT
-
$25,000
PROGRAM SUPPORT
-
PROGRAM SUPPORT
-
OPERATING SUPPORT
-
MCKEESPORT AREA MEALS ON WHEELS
$20,000
PARKING LOT REPAVING
-
$20,000
OPERATING SUPPORT
-
$20,000
SHIP FUNDING
-
PROGRAM SUPPORT
-
$15,000
PROGRAM SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
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.
-
501(C)(3) · HOSPITAL · PA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 1 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531349349301318
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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