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Nonprofiteer
← COMMONWEALTH HEALTH FOUNDATION

Form 990 for tax year 2022

Filed by COMMONWEALTH HEALTH FOUNDATION.

Totals

Total revenue
-$74,802
Total expenses
$1,877,729
Contributions and grants received
$1,623,906
Grants paid
$1,465,651
Program service revenue
$0
Investment income
-$1,638,830
Other revenue
-$59,878
Total assets, end of year
$16,902,026
Total liabilities, end of year
$6,775
Net assets or fund balances, end of year
$16,895,251
Program services expenses (Part IX)
$1,870,215
Management and general expenses
$7,514
Fundraising expenses
$0
Program service expenses (Part III)
$1,870,215

Program services were 99.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • CONNIE D SMITH

    PRESIDENT / CEO

    Total calculated
    $1,306,184
    From this org
    $0
    From related orgs
    $1,285,993
    Other
    $20,191
    Hours/week
    2 + 52 related

    Schedule J breakdown matched by us

    Base
    $0 + $992,844 related
    Bonus
    $0
    Other
    $0 + $293,149 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $20,191 related
    Filer's total
    $0 + $1,306,184 related
  • WADE STONE

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $521,137
    From this org
    $0
    From related orgs
    $501,132
    Other
    $20,005
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $471,203 related
    Bonus
    $0
    Other
    $0 + $29,929 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $20,005 related
    Filer's total
    $0 + $521,137 related
  • DAVID GRAY

    EVP / DESIGNEE FOR J. NATCHER

    Total calculated
    $429,151
    From this org
    $0
    From related orgs
    $385,152
    Other
    $43,999
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $376,518 related
    Bonus
    $0
    Other
    $0 + $8,634 related
    Deferred
    $0 + $9,150 related
    Nontaxable benefits
    $0 + $34,849 related
    Filer's total
    $0 + $429,151 related
  • MICHELE W LAWLESS

    SEC/TREAS & EXEC VP - CFO

    Total calculated
    $425,240
    From this org
    $0
    From related orgs
    $421,749
    Other
    $3,491
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $415,047 related
    Bonus
    $0
    Other
    $0 + $6,702 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $3,491 related
    Filer's total
    $0 + $425,240 related
  • KATRINA WOOD

    VP/CHIEF NURSING OFFICER

    Total calculated
    $254,718
    From this org
    $0
    From related orgs
    $219,378
    Other
    $35,340
    Hours/week
    2 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $216,316 related
    Bonus
    $0
    Other
    $0 + $3,062 related
    Deferred
    $0 + $5,519 related
    Nontaxable benefits
    $0 + $29,821 related
    Filer's total
    $0 + $254,718 related
  • DR NISAR KAZIMUDDIN

    DIRECTOR/PHYS.- ENDED 12/31/22

    Total calculated
    $81,200
    From this org
    $0
    From related orgs
    $81,200
    Other
    $0
    Hours/week
    2
  • DR JACQUELINE DAWSON DOWE

    DIRECTOR / PHYSICIAN

    Total calculated
    $50,000
    From this org
    $0
    From related orgs
    $50,000
    Other
    $0
    Hours/week
    2
  • MIKE COWLES

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • DR DONNA BLACKBURN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related
  • REGINA PARSLEY-BYRD

    DIRECTOR - ENDED 12/31/22

    Total calculated
    $0
    Hours/week
    2
  • MAYOR RANDALL CURRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • CHRIS GUTHRIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • BEVERLY HODGES

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • DARLENE JOHNSON

    DIRECTOR - ENDED 12/31/22

    Total calculated
    $0
    Hours/week
    2
  • G MICHAEL MURPHY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • CHERI NATCHER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 4 related
  • JILL SORRENTINO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • TONY WITTY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • DARREN WOODRUFF

    DIRECTOR - ENDED 12/31/22

    Total calculated
    $0
    Hours/week
    2
  • JOHN KELLY

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    2
  • SHANNON MAGLINGER

    DIRECTOR - RESIGNED 10/18/22

    Total calculated
    $0
    Hours/week
    2
  • DR WILLIAM MOSS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 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)

SCH J, PART I, LINE 4B
---------------- 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 $274,682 WADE STONE $ 27,694
SCH 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

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.

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.

Provenance

Return type
form_990
Tax year
2022
Filed
15 February 2024
IRS schema version
2022v5.0
Source object
202440459349300329

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