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Nonprofiteer
← MIAMI VALLEY HOSPITAL FOUNDATION

Form 990 for tax year 2024

Filed by MIAMI VALLEY HOSPITAL FOUNDATION.

Totals

Total revenue
$10,458,448
Total expenses
$6,904,203
Contributions and grants received
$6,565,249
Grants paid
$5,329,011
Program service revenue
$0
Investment income
$3,922,888
Other revenue
-$29,689
Total assets, end of year
$82,323,079
Total liabilities, end of year
$3,863,370
Net assets or fund balances, end of year
$78,459,709
Program services expenses (Part IX)
$5,667,418
Management and general expenses
$557,159
Fundraising expenses
$679,626
Program service expenses (Part III)
$5,667,418

Program services were 82.1% 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.

  • 1a · Federated campaigns

    $3,590

  • 1c · Fundraising events

    $334,813

  • 1d · Related organizations

    $64,251

  • 1f · All other contributions, gifts and grants

    $6,162,595

  • 1g · Noncash contributions included above

    $287,473

  • 3 · Investment income

    total $1,721,941 · excluded $1,721,941

  • 7a · Gross sales of assets other than inventory

    securities $38,213,445

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

    securities $36,012,498

  • 7c · Gain or loss

    securities $2,200,947

  • 7d · Net gain or loss

    total $2,200,947 · excluded $2,200,947

  • 8a · Fundraising events: gross income

    $76,590

  • 8a · Fundraising events: contributions included on line 1c

    $334,813

  • 8b · Fundraising events: direct expenses

    $106,279

  • 8c · Net income from fundraising events

    total -$29,689 · excluded -$29,689

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,250,761 · program services $5,250,761

  • 2 · Grants to domestic individuals

    total $78,250 · program services $78,250

  • 5 · Compensation of officers, directors and key employees

    total $460,831 · program services $115,208 · management and general $115,208 · fundraising $230,415

  • 7 · Other salaries and wages

    total $670,152 · program services $167,538 · management and general $167,538 · fundraising $335,076

  • 10 · Payroll taxes

    total $98,535 · program services $24,634 · management and general $24,634 · fundraising $49,267

  • 11f · Fees: investment management

    total $217,815 · management and general $217,815

  • 11g · Fees: other

    total $29,884 · program services $7,471 · management and general $7,471 · fundraising $14,942

  • 13 · Office expenses

    total $29,948 · program services $7,487 · management and general $7,487 · fundraising $14,974

  • 14 · Information technology

    total $48,632 · program services $12,158 · management and general $12,158 · fundraising $24,316

  • 17 · Travel

    total $3,749 · management and general $937 · fundraising $2,812

  • 24a · Other expenses: SPECIAL EVENTS

    total $7,347 · program services $1,836 · management and general $1,836 · fundraising $3,675

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $4,080 · program services $1,020 · management and general $1,020 · fundraising $2,040

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $2,325 · program services $581 · management and general $581 · fundraising $1,163

  • 24d · Other expenses: OPERATING SUPPLIES

    total $1,094 · program services $274 · management and general $274 · fundraising $546

  • 24e · All other expenses

    total $800 · program services $200 · management and general $200 · fundraising $400

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $68,175 · end of year $642,516

  • 3 · Pledges and grants receivable

    beginning of year $4,517,066 · end of year $4,060,782

  • 10a · Land, buildings and equipment: cost or other basis

    $57,549

  • 10b · Land, buildings and equipment: accumulated depreciation

    $48,762

  • 10c · Land, buildings and equipment, net

    beginning of year $10,168 · end of year $8,787

  • 11 · Investments: publicly traded securities

    beginning of year $49,001,451 · end of year $52,315,553

  • 12 · Investments: other securities

    beginning of year $21,543,901 · end of year $21,950,243

  • 15 · Other assets

    beginning of year $1,732,495 · end of year $3,345,198

  • 17 · Accounts payable and accrued expenses

    beginning of year $257,349 · end of year $229,398

  • 25 · Other liabilities

    beginning of year $3,457,215 · end of year $3,633,972

  • 27 · Net assets without donor restrictions

    beginning of year $20,787,035 · end of year $21,542,208

  • 28 · Net assets with donor restrictions

    beginning of year $52,371,657 · end of year $56,917,501

Mission and programs · 2024

Mission

ENHANCE THE PATIENT AND FAMILY EXPERIENCE AT MIAMI VALLEY HOSPITAL BY RAISING COMMUNITY SUPPORT FOR CUTTING-EDGE PROGRAMS AND SERVICES WHICH HELP BUILD HEALTHY COMMUNITIES.

Activities or mission (Part I)

SEE PART III, LINE 1

  • PROMISE TO HOPE IS A DONOR-FUNDED SERVICE OFFERED AT MIAMI VALLEY HOSPITAL FOR PREGNANT AND POSTPARTUM WOMEN WITH SUBSTANCE USE DISORDER. THE PROGRAM STAFF COORDINATES PRENATAL AND POSTPARTUM CARE AND CONNECTS PATIENTS WITH CHEMICAL DEPENDENCY TREATMENT AND MENTAL HEALTH SERVICES. PROGRAM STAFF SUPPORTS THE MOTHER AND BABY UNTIL THE INFANT'S FIRST BIRTHDAY. THE TEAM CONDUCTS WEEKLY SUPPORT GROUP MEETINGS TO PROMOTE A SAFE PLACE FOR MOMS TO MEET AND BUILD HEALTHY RELATIONSHIPS, LEARN PARENTING AND LIFE SKILLS, AND CONNECT WITH RESOURCES AVAILABLE IN THE COMMUNITY. OUTSIDE SPEAKERS ATTEND THESE MEETINGS TO PROVIDE EDUCATION AND SHARE INFORMATION ABOUT THEIR SERVICES.PROMISE TO HOPE HAS CULTIVATED STRATEGIC PARTNERSHIPS WITH AREA COMMUNITY SERVICE AGENCIES TO OFFER SEAMLESS ACCESS TO CARE. COLLABORATION WITH OUR PROGRAM PARTNERS HELPS PROVIDE ONGOING SUPPORT AND COORDINATED CARE. THIS CARE INCLUDES MEDICATION-ASSISTED TREATMENT, GROUP AND INDIVIDUAL COUNSELING, PRENATAL CARE, WEEKLY SUPPORT GROUPS, AND OTHER SOCIAL SERVICES. PROMISE TO HOPE CARE COORDINATORS ASSESS EACH MOM'S UNIQUE NEEDS TO PROVIDE CONTINUING INDIVIDUALIZED SUPPORT, ADVOCACY, AND REFERRALS. SINCE ITS INCEPTION IN MAY 2015, 986 MOMS HAVE ENROLLED IN THE PROGRAM. IN 2024, 108 MOTHERS ENROLLED IN PROMISE TO HOPE.

    Expenses $359,917 · Grants $359,917

  • PREMIER HEALTH WAS THE FIRST IN THE MIAMI VALLEY REGION TO HIRE A SUBSTANCE USE NAVIGATOR (SUN). THE SUN PROGRAM STAFF WORK WITH PATIENTS IN THE EMERGENCY DEPARTMENT TO COMPLETE CHEMICAL DEPENDENCY ASSESSMENTS AND PROVIDE LINKAGES TO CARE, PLACEMENT IN TREATMENT FACILITIES, AND OTHER WRAPAROUND SERVICES WITH WARM HANDOFFS. IN 2024, 649 PATIENTS WERE SEEN BY A SUBSTANCE USE NAVIGATOR; 128 PATIENTS WERE PLACED "BED TO BED," FROM THE EMERGENCY DEPARTMENT TO INPATIENT TREATMENT FOR SUBSTANCE USE DISORDER.

    Expenses $118,574 · Grants $118,574

  • EMMETT'S PLACE IS AN AREA OF RESPITE AND HOSPITALITY FOR THE IMMEDIATE FAMILY MEMBERS OF NEWBORN INFANTS WHO ARE HOSPITALIZED IN THE NICU, AND FOR HOSPITALIZED PREGNANT WOMEN AND THEIR FAMILIES EXPERIENCING A LONGER THAN USUAL HOSPITALIZATION. IT PROVIDES FAMILIES WITH AN AREA TO BE TOGETHER DURING A HOSPITAL STAY AND DECREASES THE STRESS FAMILIES FACE AS THEY LOOK FOR WAYS TO NAVIGATE HOME, SCHOOL, AND WORK LIFE, WHILE TRYING TO SPEND TIME WITH THEIR NEW INFANT. THIS SPACE INCLUDES SLEEPING ROOMS, PRIVATE BATHROOMS WITH SHOWERS, LAUNDRY MACHINES, KITCHEN, DINING NOOK, LIVING ROOM, AND CHILDREN'S AREA WITH ACTIVITIES. THE OPERATIONS OF EMMETT'S PLACE IS 100% DONOR FUNDED. PROCEEDS FROM THE ANNUAL EMMETT'S PLACE EVENT AND DONOR CONTRIBUTIONS BENEFIT THIS SPACE, WITH AN AVERAGE OF OF 300 INDIVIDUAL VISITS EACH DAY IN 2024.

    Expenses $110,989 · Grants $110,989

  • Expenses $5,077,938 · Grants $4,739,531

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JHANSI L KODURI MD

    TRUSTEE

    Total calculated
    $1,026,434
    From this org
    $0
    From related orgs
    $1,013,349
    Other
    $13,085
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $857,117 related
    Bonus
    $0
    Other
    $0 + $156,232 related
    Deferred
    $0 + $9,372 related
    Nontaxable benefits
    $0 + $3,713 related
    Filer's total
    $0 + $1,026,434 related

  • MELANIE M GLOVER MD

    TRUSTEE

    Total calculated
    $318,471
    From this org
    $0
    From related orgs
    $294,804
    Other
    $23,667
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $293,464 related
    Bonus
    $0
    Other
    $0 + $1,340 related
    Deferred
    $0 + $12,058 related
    Nontaxable benefits
    $0 + $11,609 related
    Filer's total
    $0 + $318,471 related

  • SHON P ANDERSON

    TRUSTEE (FROM JUN)

    Total calculated
    $0
    Hours/week
    0.5

  • DAN DRISKELL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • SHARDA GUPTA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • CORI HAPER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • JEAN IRELAND

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • NOREEN KENNEDY

    TRUSTEE (FROM JUN)

    Total calculated
    $0
    Hours/week
    0.5

  • NICK KEYES JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • REGINA MIOLAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • L TONY ORTIZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • THOMAS RETZIOS DPM FACFAS

    TRUSTEE (TO JUN)

    Total calculated
    $0
    Hours/week
    0.5

  • R EDWIN SPITZMILLER DO FACOP

    TRUSTEE (TO JUN)

    Total calculated
    $0
    Hours/week
    0.5

  • J MICHAEL SIMS

    BOARD TREASURER

    Total calculated
    $686,420
    From this org
    $0
    From related orgs
    $635,424
    Other
    $50,996
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $407,084 related
    Bonus
    $0 + $165,482 related
    Other
    $0 + $62,858 related
    Deferred
    $0 + $23,409 related
    Nontaxable benefits
    $0 + $27,587 related
    Filer's total
    $0 + $686,420 related

  • JENNY M LEWIS

    SYSTEM VP - PHILANTHROPY

    Total calculated
    $460,831
    From this org
    $408,308
    From related orgs
    $0
    Other
    $52,523
    Hours/week
    26.67 + 13.33 related

    Schedule J breakdown matched by us

    Base
    $299,290
    Bonus
    $105,590
    Other
    $3,428
    Deferred
    $27,031
    Nontaxable benefits
    $25,492
    Filer's total
    $460,831

  • JENNA M DOWNEY ESQ

    BOARD SECRETARY

    Total calculated
    $439,268
    From this org
    $0
    From related orgs
    $416,852
    Other
    $22,416
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $297,195 related
    Bonus
    $0 + $119,017 related
    Other
    $0 + $640 related
    Deferred
    $0 + $10,962 related
    Nontaxable benefits
    $0 + $11,454 related
    Filer's total
    $0 + $439,268 related

  • ROBERT SIEBENTHALER

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • LISA KELCHNER PHD

    BOARD VICE-CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • ELIZABETH B HUTTER

    VP - MVH & GSH FOUNDATIONS

    Total calculated
    $248,107
    From this org
    $216,011
    From related orgs
    $0
    Other
    $32,096
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,817
    Bonus
    $53,935
    Other
    $2,259
    Deferred
    $9,411
    Nontaxable benefits
    $22,685
    Filer's total
    $248,107

  • ANNE M MCDEVITT

    DIR-DEVELOPMENT

    Total calculated
    $182,869
    From this org
    $160,555
    From related orgs
    $0
    Other
    $22,314
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $126,197
    Bonus
    $33,152
    Other
    $1,206
    Deferred
    $10,478
    Nontaxable benefits
    $11,836
    Filer's total
    $182,869

  • DENNIS J PERCY

    DIR-DEVELOPMENT

    Total calculated
    $173,507
    From this org
    $156,045
    From related orgs
    $0
    Other
    $17,462
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $123,451
    Bonus
    $32,018
    Other
    $576
    Deferred
    $4,728
    Nontaxable benefits
    $12,734
    Filer's total
    $173,507

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION FOR MVHF'S CEO IS REVIEWED AND APPROVED BY PREMIER, WITH WHICH MVHF IS AN AFFILIATE. SEE EXPLANATION ON SCHEDULE O FOR FORM 990, PART VI, SECTION B, LINE 15.
PART I, LINE 4B
DUE TO RESTRICTIONS IMPOSED BY THE INTERNAL REVENUE CODE, CERTAIN PERSONS ARE LIMITED IN THE AMOUNT OF BENEFIT THAT CAN BE EARNED UNDER A QUALIFIED RETIREMENT PLAN. LIKE MANY EMPLOYERS, MIAMI VALLEY HOSPITAL FOUNDATION (MVHF) AND ITS AFFILIATED ORGANIZATIONS COMPENSATE FOR THIS LIMITATION AND SUPPLEMENT THE AFFECTED EXECUTIVES' QUALIFIED PENSION THROUGH CERTAIN NONQUALIFIED PLANS. MVHF SUPPLEMENTS THE AFFECTED EXECUTIVES THROUGH A PENSION RESTORATION PLAN OR A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP). THE BENEFITS UNDER THESE SUPPLEMENTAL NONQUALIFIED PLANS ARE SUBJECT TO MULTI-YEAR VESTING AND A PARTICIPANT CAN FORFEIT BENEFITS EARNED IF VESTING REQUIREMENTS ARE NOT SATISFIED. UNDER THE TERMS OF THE SUPPLEMENTAL PLANS, AND BECAUSE OF TAX RULES PERTAINING TO TAXATION OF THE EARNED BENEFITS UPON VESTING, CERTAIN INDIVIDUALS RECEIVED A PAYOUT OF THE CUMULATIVE VESTED BENEFITS UNDER THEIR SUPPLEMENTAL PLAN DURING 2024. THE INDIVIDUAL LISTED BELOW HAS MET THE MULTI-YEAR VESTING REQUIREMENT UNDER THE PENSION RESTORATION PLAN AND RECEIVED THE ASSOCIATED PAYMENT IN 2024: J. MICHAEL SIMS $56,017. IN ADDITION, THE FOLLOWING SERP AMOUNTS WERE DEFERRED ON THE PARTICIPANTS' BEHALF DURING THE YEAR AND WILL BE HELP UNTIL THE INCREMENTAL AMOUNTS ARE VESTED: JENNY LEWIS $4,742. BASED ON THE GUIDANCE PROVIDED IN THE INSTRUCTIONS TO THE FORM 990, ANY PAYMENTS TO THE PARTICIPANTS RELATED TO THESE PLANS THAT WERE MADE WITHIN 2-1/2 MONTHS AFTER THE END OF THE ORGANIZATION'S TAX YEAR ARE NOT TREATED AS DEFERRED COMPENSATION FOR PURPOSES OF SCHEDULE J. SUCH AMOUNTS ARE PROPERLY REPORTED AS COMPENSATION FOR FORM 990 PURPOSES WHEN INCLUDED IN THE PARTICIPANTS' FORM W-2 WAGES.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
6 November 2025
IRS schema version
2024v5.2
Source object
202533109349303413

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