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Nonprofiteer
← SOUTHAMPTON HOSPITAL FOUNDATION INC

Form 990 for tax year 2022

Filed by SOUTHAMPTON HOSPITAL FOUNDATION INC.

Totals

Total revenue
$11,550,242
Total expenses
$2,989,222
Contributions and grants received
$11,393,853
Grants paid
$1,112,148
Program service revenue
$0
Investment income
$269,697
Other revenue
-$113,308
Total assets, end of year
$28,336,419
Total liabilities, end of year
$6,821,089
Net assets or fund balances, end of year
$21,515,330
Program services expenses (Part IX)
$1,112,148
Management and general expenses
$36,838
Fundraising expenses
$1,840,236
Program service expenses (Part III)
$1,112,148

Program services were 37.2% 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

    $1,345,439

  • 1f · All other contributions, gifts and grants

    $10,048,414

  • 1g · Noncash contributions included above

    $187,955

  • 3 · Investment income

    total $269,697 · excluded $269,697

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $124,665

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

    $1,345,439

  • 8b · Fundraising events: direct expenses

    $237,973

  • 8c · Net income from fundraising events

    total -$113,308 · excluded -$113,308

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,112,148 · program services $1,112,148

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $218,232 · fundraising $218,232

  • 6 · Compensation of disqualified persons

    total $49,075 · fundraising $49,075

  • 7 · Other salaries and wages

    total $273,825 · fundraising $273,825

  • 8 · Pension plan contributions

    total $85,053 · fundraising $85,053

  • 9 · Other employee benefits

    total $23,084 · fundraising $23,084

  • 10 · Payroll taxes

    total $40,596 · fundraising $40,596

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $4,748 · fundraising $4,748

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $572,177 · fundraising $572,177

  • 11f · Fees: investment management

    total $36,838 · management and general $36,838

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $3,119 · fundraising $3,119

  • 14 · Information technology

    total $393 · fundraising $393

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $86,499 · fundraising $86,499

  • 17 · Travel

    total $6,403 · fundraising $6,403

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: EVENT EXPENSES - INDIRECT

    total $378,038 · fundraising $378,038

  • 24b · Other expenses: SERVICE CONTRACTS

    total $39,484 · fundraising $39,484

  • 24c · Other expenses: OTHER PURCHASED SERVICES

    total $32,712 · fundraising $32,712

  • 24d · Other expenses: OTHER DIRECT EXPENSES

    total $26,798 · fundraising $26,798

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,629,458 · end of year $3,226,732

  • 2 · Savings and temporary cash investments

    beginning of year $10,825,584 · end of year $22,532,318

  • 3 · Pledges and grants receivable

    beginning of year $5,446,287 · end of year $2,577,369

  • 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 $0 · end of year $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $0 · end of year $0

  • 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 $4,501,089 · end of year $6,821,089

  • 27 · Net assets without donor restrictions

    beginning of year $37,429 · end of year $613,714

  • 28 · Net assets with donor restrictions

    beginning of year $13,362,811 · end of year $20,901,616

Mission and programs · 2022

Mission

The Southampton Hospital Foundation, Inc., a separate nonprofit corporation with an independent Board of Trustees, supports Stony Brook Southampton Hospital's mission to deliver healthcare services and expand clinical programs to meet the needs of its East End communities. Although the Southampton Hospital Foundation, Inc., has existed for some time, recent changes to its structure and mission have put greater emphasis on fund raising for and increased public awareness of the hospital's programs and services. The Foundation concentrates its efforts on increasing critical philanthropic support to ensure high-quality healthcare for all our neighbors on the East End. In 2023, we anticipate furthering monies raised toward the new goal for the East Hampton Emergency Department of $50M resulting from post-COVID supply cost increases, as well as furthering the Capital Campaign to build a new Stony Brook Southampton Hospital.

Activities or mission (Part I)

TO HEIGHTEN AWARENESS, PROMOTE GOODWILL & MAXIMIZE PRIVATE PHILANTHROPY TO ADVANCE AND STRENGTHEN THE MISSION AND VISION OF (SEE SCHEDULE O FOR CONTINUATION)

  • Southampton Hospital Foundation is the fund-raising arm of the Southampton Hospital Association. A separate, not-for-profit corporation, the Foundation seeks to heighten awareness, promote goodwill, and maximize private philanthropy to advance and strengthen the mission and vision of Stony Brook Southampton Hospital. In calendar year 2022, the Foundation raised a total of $11,508,518 in cash and pledges, from private foundations, businesses, and individuals in support of Stony Brook Southampton Hospital's general and restricted purposes. Of this total, $11,508,518 were cash contributions. Contributed income was used to support general operating needs as well as a range of specific clinical programs and services, medical technology, and equipment as well as uncompensated care and support services for vulnerable populations. The Foundation raises funds through a broad spectrum of fundraising activities including special events, grants, direct mail, capital campaigns, planned gifts, major gift solicitations and social networking. The Foundation also collaborates with local and regional community and fraternal organizations to raise funds to advance the mission of Stony Brook Southampton Hospital. In 2022, in addition to unrestricted funds, the Foundation undertook fund raising initiatives in support of key clinical initiatives that were supportive of the Hospital's strategic plan. These clinical initiatives included The Paulson Family Emergency Department, the Audrey and Martin Gruss Heart & Stroke Center, the Ed & Phyllis Davis Wellness Institute, the Ellen Hermanson Breast Center, the Kathleen D. Allen Maternity Center, the Edie Windsor Healthcare Center, the Regional Tick-Borne Disease Resource Center, and The Phillips Family Cancer Center. In 2022, the Foundation raised $8,498,477 in cash and pledges towards the $50M needed to build a new free standing East Hampton Emergency Department. This money was raised through private philanthropy and major giving by key donors. The Foundation also planned and implemented its 64th Annual Summer Party the objective of which is to heighten awareness of and raise funds in support of the Hospital's Paulson Family Emergency Department. In response to the continued prevalence of Covid-19, the Foundation maintained the event in its safe 'host at home' format so that donors could enjoy a fully catered dinner party without attending an 800-person event in one tent. The event was successful and raised $996,809. In 2022, Southampton Hospital Foundation partnered with the Ellen P. Hermanson Foundation and Ellen's Well to raise funds on behalf of a broad spectrum of needs related to women with breast cancer. Fund raising initiatives resulted in the purchase of medical equipment and technology and funded support services. Additionally, we collaborated with individuals and organizations to raise funds for our Regional Tick-Borne Disease Resource Center, Center for Parkinson's Disease, and Palliative Care programs. Finally, we implemented plans to advance a major capital campaign in support of a new, state-of-the-art community hospital. In 2022 we reached the original fundraising goal of $35M for the East Hampton Emergency Department and launched the quiet phase of a major Capital Campaign to build a new Stony Brook Southampton Hospital.

    Expenses $1,112,148 · Grants $1,112,148

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mirella S Cameran Reilly

    INTERIM CDO

    Total calculated
    $218,232
    From this org
    $207,861
    From related orgs
    $0
    Other
    $10,371
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $207,426
    Bonus
    $0
    Other
    $435
    Deferred
    $10,371
    Nontaxable benefits
    $0
    Filer's total
    $218,232

  • Howard M Lorber

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5 + 1.25 related

  • Gilbert W Harrison

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 1.25 related

  • Jean Remmel Little

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Paul C Brennan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Alan D Glatt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • John M Hadlock Esq

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Fr Alex Karloutsos

    TRUSTEE (EFF. 3/22)

    Total calculated
    $0
    Hours/week
    0.5

  • Charles B Krusen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Adam Miller

    TRUSTEE (EFF. 3/22)

    Total calculated
    $0
    Hours/week
    0.5

  • Bettina A Stelle

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • Christopher J Schultheis

    CHIEF FINANCIAL OFFICER

    Total calculated
    $0
    Hours/week
    0.5 + 2.5 related

  • Robert S Chaloner

    PRESIDENT & CEO

    Total calculated
    $0
    Hours/week
    7.5 + 2.5 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 · 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

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
2022
Filed
13 November 2023
IRS schema version
2022v5.0
Source object
202343189349302874

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