Totals
- Total revenue
- $12,557,506
- Total expenses
- $5,732,898
- Contributions and grants received
- $9,720,893
- Grants paid
- $2,055,500
- Program service revenue
- $0
- Investment income
- $2,836,613
- Other revenue
- $0
- Total assets, end of year
- $46,284,611
- Total liabilities, end of year
- $3,235,104
- Net assets or fund balances, end of year
- $43,049,507
- Program services expenses (Part IX)
- $4,689,689
- Management and general expenses
- $1,043,209
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $4,689,689
Program services were 81.8% 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.
-
1b · Membership dues
$1,025,185
-
1f · All other contributions, gifts and grants
$8,695,708
-
3 · Investment income
total $1,421,594 · excluded $1,421,594
-
7a · Gross sales of assets other than inventory
securities $4,043,073
-
7b · Less cost or other basis and sales expenses
securities $2,628,054
-
7c · Gain or loss
securities $1,415,019
-
7d · Net gain or loss
total $1,415,019 · related or exempt $1,415,019
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,055,500 · program services $2,055,500
-
5 · Compensation of officers, directors and key employees
total $544,342 · program services $435,473 · management and general $108,869
-
6 · Compensation of disqualified persons
total $202,711 · program services $162,169 · management and general $40,542
-
7 · Other salaries and wages
total $1,225,637 · program services $980,510 · management and general $245,127
-
8 · Pension plan contributions
total $38,701 · program services $30,961 · management and general $7,740
-
9 · Other employee benefits
total $95,902 · program services $76,722 · management and general $19,180
-
10 · Payroll taxes
total $152,449 · program services $121,679 · management and general $30,770
-
11b · Fees: legal
total $5,272 · management and general $5,272
-
11c · Fees: accounting
total $3,000 · management and general $3,000
-
11f · Fees: investment management
total $349,980 · management and general $349,980
-
11g · Fees: other
total $68,480 · program services $68,480
-
12 · Advertising and promotion
total $179,193 · program services $179,193
-
13 · Office expenses
total $249,531 · program services $199,857 · management and general $49,674
-
14 · Information technology
total $30,750 · program services $24,600 · management and general $6,150
-
16 · Occupancy
total $111,817 · program services $67,091 · management and general $44,726
-
17 · Travel
total $128,895 · program services $116,005 · management and general $12,890
-
19 · Conferences, conventions and meetings
total $40,665 · program services $16,266 · management and general $24,399
-
22 · Depreciation, depletion and amortization
total $31,559 · program services $18,935 · management and general $12,624
-
23 · Insurance
total $10,778 · program services $2,156 · management and general $8,622
-
24a · Other expenses: CREDIT CARD & BANK FEES
total $92,174 · program services $92,174
-
24b · Other expenses: RECRUITMENT
total $51,482 · management and general $51,482
-
24c · Other expenses: ALLIANCE DEVELOPMENT
total $34,437 · program services $27,550 · management and general $6,887
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $8,961 · program services $7,169 · management and general $1,792
-
24e · All other expenses
total $20,682 · program services $7,199 · management and general $13,483
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $246,428 · end of year $299,155
-
4 · Accounts receivable
beginning of year $536,765 · end of year $695,950
-
9 · Prepaid expenses and deferred charges
beginning of year $7,589 · end of year $12,973
-
10a · Land, buildings and equipment: cost or other basis
$609,989
-
10b · Land, buildings and equipment: accumulated depreciation
$485,395
-
10c · Land, buildings and equipment, net
beginning of year $121,134 · end of year $124,594
-
11 · Investments: publicly traded securities
beginning of year $47,841,352 · end of year $45,151,939
-
17 · Accounts payable and accrued expenses
beginning of year $251,550 · end of year $243,523
-
19 · Deferred revenue
beginning of year $2,770,841 · end of year $2,991,581
-
31 · Retained earnings, endowment or other funds
beginning of year $45,730,877 · end of year $43,049,507
Mission and programs · 2022
Mission
CONNECTING CEO'S AND ENTREPRENEURS WITH LEADING HOSPITALS TO PROVIDE THE BEST ACCESS TO WORLD CLASS CARE AND INCREASE PHILANTHROPIC FUNDING FOR MEDICAL RESEARCH.
Activities or mission (Part I)
HEALTH NETWORK HELPS MEMBERS FIND APPROPRIATE MEDICAL INSTITUTIONS FOR THE MEMBERS' PARTICULAR NEEDS.
-
ASSISTANCE PROVIDED TO MEMBERS TO HELP THEM FIND THE MEDICAL INSTITUTIONS THAT FIT THEIR PARTICULAR NEEDS.
Expenses $4,689,689 · Grants $2,055,500
As filed on the 2022 return.
Listed in Part VII
-
Megan FrankelMEGAN FRANKEL
PRESIDENT
- Total calculated
- $305,184
- From this org
- $299,200
- From related orgs
- $0
- Other
- $5,984
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $299,200
- Bonus
- not reported
- Other
- not reported
- Deferred
- $5,984
- Nontaxable benefits
- not reported
- Filer's total
- $305,184
-
Kim KotoraKIM KOTORA
VICE PRESIDE
- Total calculated
- $221,850
- From this org
- $217,500
- From related orgs
- $0
- Other
- $4,350
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $217,500
- Bonus
- not reported
- Other
- not reported
- Deferred
- $4,350
- Nontaxable benefits
- not reported
- Filer's total
- $221,850
-
Lisa HerchekLISA HERCHEK
CHIEF OPERAT
- Total calculated
- $202,711
- From this org
- $190,000
- From related orgs
- $0
- Other
- $12,711
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $190,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,711
- Nontaxable benefits
- not reported
- Filer's total
- $202,711
-
Gary BorisGARY BORIS
CHIEF OPERAT
- Total calculated
- $17,308
- From this org
- $17,308
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
William BabcoxWILLIAM BABCOX
ADVISOR
- Total calculated
- $0
- Hours/week
- 1
-
Tony BusaTONY BUSA
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Dwight CorningDWIGHT CORNING
ADVISOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Bernardo FernandezDR BERNARDO FERNANDEZ
ADVISOR
- Total calculated
- $0
- Hours/week
- 1
-
Josh GutmanJOSH GUTMAN
ADVISOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill KrulBILL KRUL
ADVISOR
- Total calculated
- $0
- Hours/week
- 1
-
Patricia McCollumPATRICIA MCCOLLUM
ADVISOR
- Total calculated
- $0
- Hours/week
- 0.5
-
William W RowleyWILLIAM W ROWLEY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 30
-
Brock SteereBROCK STEERE
ADVISOR
- Total calculated
- $0
- Hours/week
- 1
-
F William SteereF WILLIAM STEERE
ADVISOR
- 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. 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
None.
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
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
-
GENERAL SUPPORT
-
$500,000
GENERAL SUPPORT
-
$495,000
GENERAL SUPPORT
-
$190,500
GENERAL SUPPORT
-
$75,000
GENERAL SUPPORT
-
$40,000
GENERAL SUPPORT
-
$35,000
GENERAL SUPPORT
-
UC HEALTH BARRETT CANCER CENTER
$25,000
GENERAL SUPPORT
-
CLEVELAND CLINIC PHILANTHROPY UK
$20,000
GENERAL SUPPORT
-
$20,000
GENERAL SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 28 June 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343179349304564
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.