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Nonprofiteer
← THOMAS ONEILL CATHOLIC HEALTH CARE FUND INC

Form 990 for tax year 2023

Filed by THOMAS ONEILL CATHOLIC HEALTH CARE FUND INC.

Totals

Total revenue
$7,581,638
Total expenses
$3,667,793
Contributions and grants received
$0
Grants paid
$3,213,000
Program service revenue
$0
Investment income
$7,581,638
Other revenue
$0
Total assets, end of year
$83,955,048
Total liabilities, end of year
$123,059
Net assets or fund balances, end of year
$83,831,989
Program services expenses (Part IX)
$3,213,000
Management and general expenses
$454,793
Fundraising expenses
$0
Program service expenses (Part III)
$3,213,000

Program services were 87.6% 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.

  • 3 · Investment income

    total $1,796,408 · excluded $1,796,408

  • 7a · Gross sales of assets other than inventory

    securities $5,785,230

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

    securities $0

  • 7c · Gain or loss

    securities $5,785,230

  • 7d · Net gain or loss

    total $5,785,230 · excluded $5,785,230

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,213,000 · program services $3,213,000

  • 11a · Fees: management

    total $22,500 · management and general $22,500

  • 11f · Fees: investment management

    total $432,078 · management and general $432,078

  • 24a · Other expenses: MISCELLANEOUS EXPENSES

    total $215 · management and general $215

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $2,735,115 · end of year $4,505,172

  • 4 · Accounts receivable

    beginning of year $97,393 · end of year $103,499

  • 11 · Investments: publicly traded securities

    beginning of year $72,944,804 · end of year $79,346,377

  • 17 · Accounts payable and accrued expenses

    beginning of year $104,697 · end of year $123,059

  • 28 · Net assets with donor restrictions

    beginning of year $75,672,615 · end of year $83,831,989

Mission and programs · 2023

Mission

THE MISSION OF THE THOMAS O'NEILL CATHOLIC HEALTH CARE FUND IS TO SUPPORT CHARITABLE HEALTH CARE FOR THE INDIGENT, AND THE EDUCATIONAL AND SCIENTIFIC NEEDS OF MEDSTAR GOOD SAMARITAN HOSPITAL AND THE GOOD SAMARITAN NURSING CENTER.

Activities or mission (Part I)

SEE SCHEDULE OTO SUPPORT CHARITABLE HEALTH CARE SERVICES FOR THE INDIGENT, AND THE EDUCATIONAL AND SCIENTIFIC NEEDS OF MEDSTAR GOOD SAMARITAN HOSPITAL AND THE GOOD SAMARITAN NURSING CENTER.

  • AS A SUPPORTING ORGANIZATION, THE THOMAS O'NEILL CATHOLIC HEALTH CARE FUND'S (THE FUND) SOLE PROGRAM SERVICE IS TO PROVIDE MONETARY SUPPORT FOR ITS SUPPORTED ORGANIZATIONS, MEDSTAR GOOD SAMARITAN HOSPITAL (THE HOSPITAL) AND THE GOOD SAMARITAN NURSING CENTER. EACH YEAR THE FUND IS REQUIRED TO SPEND A MINIMUM OF 40% OF ITS INVESTMENT INCOME ON CHARITY CARE FOR THE BENEFIT OF HOSPITAL PATIENTS. DURING FISCAL 2024, $3,213,000 WAS PROVIDED BY THE FUND TO SUPPORT PROGRAMS IN AREAS INCLUDING CHARITY CARE, RESEARCH, PRIMARY CARE, TRANSPORTATION AND PARISH NURSE PROGRAMS.

    Expenses $3,213,000 · Grants $3,213,000

As filed on the 2023 return.

Listed in Part VII

  • CHARLES L BAUERMANN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAVID KINKOPF

    DIRECTOR/SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM MCCARTHY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • JAYNE H MCGEEHAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • HOLLY A TILFORD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BISHOP ADAM J PARKER

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • ARCHBISHOP WILLIAM E LORI

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1
  • SCOTT R SOMERVILLE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BISHOP DENIS J MADDEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DANIEL P CAHILL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • MARK MCGLONE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • THOMAS J SENKER

    PRESIDENT/TREASURER

    Total calculated
    $1,034,372
    From this org
    $0
    From related orgs
    $994,732
    Other
    $39,640
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $564,758 related
    Bonus
    $0 + $429,974 related
    Other
    $0
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $30,490 related
    Filer's total
    $0 + $1,034,372 related
  • BISHOP BRUCE LEWANDOWSKI

    OFFICER

    Total calculated
    $0
    Hours/week
    1
  • DEANA STOUT

    ASSISTANT TREASURER

    Total calculated
    $598,495
    From this org
    $0
    From related orgs
    $565,600
    Other
    $32,895
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $381,181 related
    Bonus
    $0 + $184,419 related
    Other
    $0
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $23,745 related
    Filer's total
    $0 + $598,495 related

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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)

SCHEDULE J, PART III:
THOMAS J. SENKER'S COMPENSATION IS FOR SERVICES PROVIDED AS PRESIDENT TO BOTH MEDSTAR GOOD SAMARITAN HOSPITAL AND MEDSTAR UNION MEMORIAL HOSPITAL. DEANA STOUT'S COMPENSATION IS FOR SERVICES PROVIDED AS CFO/TREASURER AT MEDSTAR HARBOR HOSPITAL, MEDSTAR FRANKLIN SQUARE MEDICAL CENTER, MEDSTAR GOOD SAMARITAN HOSPITAL AND MEDSTAR UNION MEMORIAL HOSPITAL.

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

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
2023
Filed
9 May 2025
IRS schema version
2023v6.0
Source object
202521299349302892

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