Form 990 for tax year 2024
Filed by COMMONWEALTH HEALTH FOUNDATION.
Totals
- Total revenue
- $5,651,862
- Total expenses
- $2,004,289
- Contributions and grants received
- $2,971,502
- Grants paid
- $1,585,237
- Program service revenue
- $0
- Investment income
- $2,771,644
- Other revenue
- -$91,284
- Total assets, end of year
- $21,402,113
- Total liabilities, end of year
- $1,252
- Net assets or fund balances, end of year
- $21,400,861
- Program services expenses (Part IX)
- $1,991,203
- Management and general expenses
- $13,086
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,991,203
Program services were 99.3% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$343,486
-
1d · Related organizations
$626,618
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$2,001,398
-
1g · Noncash contributions included above
$111,179
-
2a · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2b · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2c · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2d · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2e · Program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $404,699 · related or exempt $0 · unrelated business $0 · excluded $404,699
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $9,209 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $9,209 · personal property $0
-
6d · Net rental income or loss
total $9,209 · related or exempt $0 · unrelated business $0 · excluded $9,209
-
7a · Gross sales of assets other than inventory
securities $17,505,747 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $15,138,802 · other assets $0
-
7c · Gain or loss
securities $2,366,945 · other assets $0
-
7d · Net gain or loss
total $2,366,945 · related or exempt $0 · unrelated business $0 · excluded $2,366,945
-
8a · Fundraising events: gross income
$106,410
-
8a · Fundraising events: contributions included on line 1c
$343,486
-
8b · Fundraising events: direct expenses
$206,903
-
8c · Net income from fundraising events
total -$100,493 · unrelated business $0 · excluded -$100,493
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11a · Other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11b · Other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11c · Other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,525,454 · program services $1,525,454
-
2 · Grants to domestic individuals
total $59,783 · program services $59,783
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $0 · program services $0 · management and general $0 · fundraising $0
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $0 · program services $0 · management and general $0 · fundraising $0
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $0 · program services $0 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $0 · program services $0 · management and general $0 · fundraising $0
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $5,320 · program services $0 · management and general $5,320 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11e · Fees: professional fundraising services
total $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $298,234 · program services $298,234 · management and general $0 · fundraising $0
-
12 · Advertising and promotion
total $48,043 · program services $48,043 · management and general $0 · fundraising $0
-
13 · Office expenses
total $51,753 · program services $51,364 · management and general $389 · fundraising $0
-
14 · Information technology
total $0 · program services $0 · management and general $0 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $0 · program services $0 · management and general $0 · fundraising $0
-
17 · Travel
total $6,170 · program services $0 · management and general $6,170 · fundraising $0
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $0 · program services $0 · management and general $0 · fundraising $0
-
20 · Interest
total $0 · program services $0 · management and general $0 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $0 · program services $0 · management and general $0 · fundraising $0
-
23 · Insurance
total $8,325 · program services $8,325 · management and general $0 · fundraising $0
-
24a · Other expenses: DUES & SUBSCRIPTIONS
total $1,207 · program services $0 · management and general $1,207 · fundraising $0
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $92,401 · end of year $126,938
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $0
-
3 · Pledges and grants receivable
beginning of year $21,500 · end of year $53,057
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $10,599 · end of year $15,007
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $19,220,472 · end of year $21,204,896
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $1,223 · end of year $2,215
-
17 · Accounts payable and accrued expenses
beginning of year $37 · end of year $37
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $1,224 · end of year $1,215
-
27 · Net assets without donor restrictions
beginning of year $18,718,048 · end of year $20,773,975
-
28 · Net assets with donor restrictions
beginning of year $626,886 · end of year $626,886
-
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 $0 · end of year $0
Mission and programs · 2024
Mission
MED CENTER HEALTH FOUNDATION BUILDS RELATIONSHIPS THAT INSPIRE CHARITABLE GIVING IN SUPPORT OF MED CENTER HEALTH'S MISSION TO CARE FOR PEOPLE AND IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE.
-
COMMONWEALTH HEALTH FOUNDATION, INC. (CHF) WORKS TO CHANGE LIVES EVERY DAY AND CAN ONLY DO SO WITH THE SUPPORT OF DEDICATED, COMPASSIONATE PEOPLE FROM THE COMMUNITY. CHF HOSTS A VARIETY OF EVENTS THROUGHOUT THE YEAR TO RAISE AWARENESS & SUPPORT. SINCE MED CENTER HEALTH COVERS THE FOUNDATION'S OPERATING EXPENSES, 100% OF ALL DONATIONS GO DIRECTLY TO IMPROVE LIVES IN OUR COMMUNITY. SEE SCHEDULE O FOR MORE INFORMATION.
Expenses $1,991,203 · Grants $1,585,237
As filed on the 2024 return.
Listed in Part VII
-
Connie D SmithCONNIE D SMITH
PRESIDENT / CEO
- Total calculated
- $1,486,205
- From this org
- $0
- From related orgs
- $1,353,837
- Other
- $132,368
- Hours/week
- 2 + 52 related
Schedule J breakdown matched by us
- Base
- $0 + $1,071,288 related
- Bonus
- $0
- Other
- $0 + $282,549 related
- Deferred
- $0 + $109,015 related
- Nontaxable benefits
- $0 + $23,353 related
- Filer's total
- $0 + $1,486,205 related
-
David GrayDAVID GRAY
EVP / DESIGNEE FOR J. NATCHER
- Total calculated
- $503,354
- From this org
- $0
- From related orgs
- $453,850
- Other
- $49,504
- Hours/week
- 2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $438,718 related
- Bonus
- $0
- Other
- $0 + $15,132 related
- Deferred
- $0 + $10,350 related
- Nontaxable benefits
- $0 + $39,154 related
- Filer's total
- $0 + $503,354 related
-
John KellyJOHN KELLY
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Michele W LawlessMICHELE W LAWLESS
SEC / TREAS / EVP & CFO
- Total calculated
- $651,472
- From this org
- $0
- From related orgs
- $540,323
- Other
- $111,149
- Hours/week
- 2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $533,495 related
- Bonus
- $0
- Other
- $0 + $6,828 related
- Deferred
- $0 + $107,269 related
- Nontaxable benefits
- $0 + $3,880 related
- Filer's total
- $0 + $651,472 related
-
Mike CowlesMIKE COWLES
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Beth McKinneyBETH MCKINNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Beverly HodgesBEVERLY HODGES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Brandon ShirleyBRANDON SHIRLEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Cheri NatcherCHERI NATCHER
DIRECTOR
- Total calculated
- $2,740
- From this org
- $0
- From related orgs
- $2,740
- Other
- $0
- Hours/week
- 2 + 2 related
-
Chris GuthrieCHRIS GUTHRIE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Clay PendletonCLAY PENDLETON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dr Donna BlackburnDR DONNA BLACKBURN
DIRECTOR
- Total calculated
- $2,740
- From this org
- $0
- From related orgs
- $2,740
- Other
- $0
- Hours/week
- 2 + 2 related
-
Dr William MossDR WILLIAM MOSS
DIRECTOR / CHIEF MEDICAL OFFICER
- Total calculated
- $421,489
- From this org
- $0
- From related orgs
- $388,786
- Other
- $32,703
- Hours/week
- 2 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $377,083 related
- Bonus
- $0
- Other
- $0 + $11,703 related
- Deferred
- $0 + $10,350 related
- Nontaxable benefits
- $0 + $22,353 related
- Filer's total
- $0 + $421,489 related
-
G Michael MurphyG MICHAEL MURPHY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jean CherryJEAN CHERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jessica CarverJESSICA CARVER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jill SorrentinoJILL SORRENTINO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mary VitaleMARY VITALE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Mayor Randall CurryMAYOR RANDALL CURRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Tony WittyTONY WITTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2 + 4 related
-
Katrina WoodKATRINA WOOD
EVP / CHIEF NURSING OFFICER
- Total calculated
- $406,156
- From this org
- $0
- From related orgs
- $317,031
- Other
- $89,125
- Hours/week
- 2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $312,589 related
- Bonus
- $0
- Other
- $0 + $4,442 related
- Deferred
- $0 + $55,616 related
- Nontaxable benefits
- $0 + $33,509 related
- Filer's total
- $0 + $406,156 related
-
Wade StoneWADE STONE
EXECUTIVE VICE PRESIDENT
- Total calculated
- $546,106
- From this org
- $0
- From related orgs
- $465,735
- Other
- $80,371
- Hours/week
- 2 + 50 related
Schedule J breakdown matched by us
- Base
- $0 + $462,701 related
- Bonus
- $0
- Other
- $0 + $3,034 related
- Deferred
- $0 + $62,114 related
- Nontaxable benefits
- $0 + $18,257 related
- Filer's total
- $0 + $546,106 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
- 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)
- Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
- CERTAIN EXECUTIVES OF COMMONWEALTH HEALTH CORPORATION PARTICIPATE IN A SUPPLEMENTAL RETIREMENT PLAN. THE CURRENT YEAR INCREASE IN THE ACCRUED BENEFIT, AS ACTUARIALLY DETERMINED, IS REPORTED AS COMPENSATION. THE FOLLOWING ARE THE INDIVIDUALS PARTICIPATING IN THE PLAN AND THE CURRENT YEAR INCREASES REPORTED AS COMPENSATION: CONNIE SMITH $258,909 WADE STONE $ -0-
- Schedule J, Part I, Line 3
- THE CEO IS COMPENSATED BY COMMONWEALTH HEALTH CORPORATION (CHC), A RELATED ORGANIZATION. CHC USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE CEO: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
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
-
COMMONWEALTH HEALTH CORPORATION
$643,179
GENERAL SUPPORT
-
COMMONWEALTH HEALTH FREE CLINIC
$633,469
GENERAL SUPPORT
-
GENERAL SUPPORT
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.
-
BOWLING GREEN WARREN COUNTY COMMUNITY
501(c)(3) · HOSPITAL · KY
Directly controlled by CHC INC
-
COMMONWEALTH REGIONAL SPECIALTY HOSPITAL
501(c)(3) · HOSPITAL · KY
Directly controlled by CHC INC
-
COMMONWEALTH HEALTH FREE CLINIC INC
501(c)(3) · HEALTHCARE · KY
Directly controlled by CHC INC
-
THE MEDICAL CENTER AT FRANKLIN
501(c)(3) · HOSPITAL · KY
Directly controlled by CHC INC
-
501(c)(3) · HOSPITAL · KY
Directly controlled by CHC INC
-
COMMONWEALTH HEALTH CORPORATION
501(c)(3) · SUPPORT · KY
Directly controlled by NA
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.
-
MEDICAL PLAZA PARTNERS LTD
N/A · REAL ESTATE · KY · share of income $0 · share of assets $0
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 February 2026
- IRS schema version
- 2024v5.1
- Source object
- 202640479349301204
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.