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Nonprofiteer
← WINTER HAVEN HOSPITAL FOUNDATION INC

Form 990 for tax year 2022

Filed by WINTER HAVEN HOSPITAL FOUNDATION INC.

Totals

Total revenue
$1,560,574
Total expenses
$1,385,795
Contributions and grants received
$714,205
Grants paid
$588,386
Program service revenue
$0
Investment income
$479,160
Other revenue
$367,209
Total assets, end of year
$19,526,152
Total liabilities, end of year
$2,404,960
Net assets or fund balances, end of year
$17,121,192
Program services expenses (Part IX)
$588,386
Management and general expenses
$395,194
Fundraising expenses
$402,215
Program service expenses (Part III)
$588,386

Program services were 42.5% 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.

  • 1c · Fundraising events

    $32,832

  • 1f · All other contributions, gifts and grants

    $681,373

  • 1g · Noncash contributions included above

    $175,030

  • 3 · Investment income

    total $65,875 · excluded $65,875

  • 7a · Gross sales of assets other than inventory

    securities $2,489,825

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

    securities $2,076,540

  • 7c · Gain or loss

    securities $413,285

  • 7d · Net gain or loss

    total $413,285 · excluded $413,285

  • 8a · Fundraising events: gross income

    $816,952

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

    $32,832

  • 8b · Fundraising events: direct expenses

    $449,743

  • 8c · Net income from fundraising events

    total $367,209 · excluded $367,209

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $588,386 · program services $588,386

  • 5 · Compensation of officers, directors and key employees

    total $185,217 · management and general $55,565 · fundraising $129,652

  • 7 · Other salaries and wages

    total $296,770 · management and general $157,344 · fundraising $139,426

  • 11c · Fees: accounting

    total $59,850 · management and general $23,940 · fundraising $35,910

  • 11f · Fees: investment management

    total $84,626 · management and general $84,626

  • 11g · Fees: other

    total $8,384 · management and general $4,036 · fundraising $4,348

  • 16 · Occupancy

    total $43,900 · management and general $19,160 · fundraising $24,740

  • 17 · Travel

    total $110,376 · management and general $45,254 · fundraising $65,122

  • 22 · Depreciation, depletion and amortization

    total $5,113 · management and general $2,096 · fundraising $3,017

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $3,173 · management and general $3,173

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,203,988 · end of year $1,191,859

  • 3 · Pledges and grants receivable

    beginning of year $3,173 · end of year $3,204

  • 9 · Prepaid expenses and deferred charges

    beginning of year $250

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

    $4,933,378

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

    $56,240

  • 10c · Land, buildings and equipment, net

    beginning of year $4,882,251 · end of year $4,877,138

  • 11 · Investments: publicly traded securities

    beginning of year $15,291,681 · end of year $13,210,803

  • 15 · Other assets

    beginning of year $299,826 · end of year $243,148

  • 17 · Accounts payable and accrued expenses

    beginning of year $19,465 · end of year $57,005

  • 18 · Grants payable

    beginning of year $2,121,182 · end of year $2,234,396

  • 19 · Deferred revenue

    beginning of year $18,131

  • 25 · Other liabilities

    beginning of year $101,462 · end of year $113,559

  • 27 · Net assets without donor restrictions

    beginning of year $12,918,994 · end of year $10,829,823

  • 28 · Net assets with donor restrictions

    beginning of year $6,501,935 · end of year $6,291,369

Mission and programs · 2022

Mission

TO PROVIDE AN EFFECTIVE CHANNEL FOR INDIVIDUALS AND ORGANIZATIONS THAT WISH TO SUPPORT WINTER HAVEN HOSPITAL IN ITS MISSION TO IMPROVE THE HEALTH OF THE COMMUNITY BY PROVIDING HIGH-QUALITY COMPASSIONATE CARE.

Activities or mission (Part I)

THE MISSION OF THE WINTER HAVEN HOSPITAL FOUNDATION IS TO PROVIDE AN EFFECTIVE CHANNEL FOR INDIVIDUALS AND ORGANIZATIONS THAT WISH TO SUPPORT WINTER HAVEN HOSPITAL IN ITS MISSION TO IMPROVE THE HEALTH OF THE COMMUNITY BY PROVIDING HIGH-QUALITY COMPASSIONATE CARE.

  • WINTER HAVEN HOSPITAL FOUNDATION, INC. (THE "FOUNDATION"), IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION WHOSE PRIMARY PURPOSE IS TO RAISE PHILANTHROPIC FUNDS TO SUPPORT WINTER HAVEN HOSPITAL, INC.'S (THE "HOSPITAL") HEALTHCARE MISSION. CURRENTLY, THE FOUNDATION IS ADMINISTERING MAJOR GIFTS PROGRAM DESIGNED TO ACQUIRE FUNDING FOR A NUMBER OF INTIATIVES FOR THE HOSPITAL INCLUDING: SUPPORT FOR VARIOUS HOSPITAL DEPARTMENTS, SUCH AS THE FSU FAMILY MEDICINE RESIDENCY PROGRAM, THE COLLEGE OF PSYCHOLOGY INTERNSHIP PROGRAM WITH THE FL INSTITUTE OF TECHNOLOGY, THE THE BOSTICK HEART CENTER, WINTER HAVEN WOMEN'S HOSPITAL, AS WELL AS SUPPORT FOR HOSPITAL EMPLOYEES AFTER A DEVASTATING LIFE EVENT.

    Expenses $588,386 · Grants $588,386

As filed on the 2022 return.

Listed in Part VII

  • Lance Anastasio

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Nathan P Falk MD

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • David Johnson

    SEC./TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Brent Parrish

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dr David Evans

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Bud Strang

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Alan Gustafson

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jan Hyman

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Don Ingram

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Anna Kauffman

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Mr Mike Mahalak

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Kevin McGrath

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Megan McGee

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Marie Mixon

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Lynn Oakley

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dr Juan Rivera

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Nelson Kirkland

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Brian Swain

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Bet Tucker

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Richard Straughn

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Bruce Lyon

    MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Joel L Thomas

    PRESIDENT/CEO

    Total calculated
    $219,696
    From this org
    $185,217
    From related orgs
    $0
    Other
    $34,479
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $185,217
    Bonus
    $0
    Other
    $0
    Deferred
    $16,287
    Nontaxable benefits
    $18,192
    Filer's total
    $219,696

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 · 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

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

  • WINTER HAVEN HOSPITAL INC

    $588,386

    ADMINISTRATIVE FEE PAID TO FSU ON BEHALF OF THE HOSPITAL FOR ESTABLISHING AND MAINTAINING THE ACGME PROGRAM

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
2022
Filed
12 September 2023
IRS schema version
2022v5.0
Source object
202302619349300610

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