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Nonprofiteer
← HUNTERDON HEALTHCARE FOUNDATION INC

Form 990 for tax year 2022

Filed by HUNTERDON HEALTHCARE FOUNDATION INC.

Totals

Total revenue
$1,035,070
Total expenses
$2,641,435
Contributions and grants received
$2,482,889
Grants paid
$746,584
Program service revenue
$0
Investment income
-$1,453,025
Other revenue
$5,206
Total assets, end of year
$18,327,122
Total liabilities, end of year
$1,769,224
Net assets or fund balances, end of year
$16,557,898
Program services expenses (Part IX)
$746,584
Management and general expenses
$930,458
Fundraising expenses
$964,393
Program service expenses (Part III)
$746,584

Program services were 28.3% 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.

  • 1c · Fundraising events

    $240,727

  • 1d · Related organizations

    $55,300

  • 1f · All other contributions, gifts and grants

    $2,186,862

  • 1g · Noncash contributions included above

    $15,569

  • 3 · Investment income

    total $186,903 · unrelated business $0 · excluded $186,903

  • 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

  • 7a · Gross sales of assets other than inventory

    securities $0

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

    securities $1,639,928

  • 7c · Gain or loss

    securities -$1,639,928

  • 7d · Net gain or loss

    total -$1,639,928 · excluded -$1,639,928

  • 8a · Fundraising events: gross income

    $243,889

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

    $240,727

  • 8b · Fundraising events: direct expenses

    $243,889

  • 9a · Gaming: gross income

    $9,660

  • 9b · Gaming: direct expenses

    $4,454

  • 9c · Net income from gaming

    total $5,206 · excluded $5,206

  • 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 $657,025 · program services $657,025

  • 2 · Grants to domestic individuals

    total $89,559 · program services $89,559

  • 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 $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $95,705 · management and general $95,705

  • 13 · Office expenses

    total $189,719 · management and general $189,719

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $105,882 · management and general $105,882

  • 17 · Travel

    total $0

  • 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: ALLOC. OF PERSONNEL COSTS

    total $1,062,133 · management and general $212,427 · fundraising $849,706

  • 24b · Other expenses: MAINTENANCE CONTRACT EXP

    total $2,335 · management and general $2,335 · fundraising $0

  • 24c · Other expenses: PURCHASED SERVICES

    total $148,381 · management and general $148,381 · fundraising $0

  • 24d · Other expenses: OTHER EXPENSES

    total $290,696 · management and general $176,009 · fundraising $114,687

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $0

  • 2 · Savings and temporary cash investments

    beginning of year $350,777 · end of year $639,284

  • 3 · Pledges and grants receivable

    beginning of year $2,558,343 · end of year $2,901,713

  • 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 $14,272 · end of year $15,000

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

    $389,184

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

    $363,134

  • 10c · Land, buildings and equipment, net

    beginning of year $26,050 · end of year $26,050

  • 11 · Investments: publicly traded securities

    beginning of year $11,450,732 · end of year $11,018,504

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $4,339,791 · end of year $3,726,321

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $250 · end of year $250

  • 17 · Accounts payable and accrued expenses

    beginning of year $178,097 · end of year $203,496

  • 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 $397,855 · end of year $1,565,728

  • 27 · Net assets without donor restrictions

    beginning of year $2,921,263 · end of year $2,035,933

  • 28 · Net assets with donor restrictions

    beginning of year $15,243,000 · end of year $14,521,965

Mission and programs · 2022

Mission

THE HUNTERDON HEALTHCARE FOUNDATION, THE FUNDRAISING ORGANIZATION FOR THE HUNTERDON HEALTHCARE SYSTEM, SEEKS GIFTS AND GRANTS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND OTHER SOURCES TO ASSIST HUNTERDON MEDICAL CENTER AND ITS AFFILIATED NON-PROFIT ORGANIZATIONS, SUCH AS HUNTERDON REGIONAL COMMUNITY HEALTH AND HUNTERDON HOSPICE, IN FULFILLING THEIR MISSION TO MEET THE COMMUNITY'S NEED FOR HIGH QUALITY HEALTHCARE.

Activities or mission (Part I)

SEEKS GIFTS AND GRANTS FROM INDIVIDUALS, CORP'S, FDN.'S AND OTHER SOURCES TO ASSIST HUNTERDON MEDICAL CTR, HUNTERDON REG. COMM HEALTH & HUNTERDON HEALTHCARE SYSTEM.

  • EXPENSES INCURRED IN SEEKING GIFTS AND GRANTS FROM INDIVIDUALS, CORPORATIONS, FOUNDATIONS AND OTHER SOURCES TO ASSIST HUNTERDON MEDICAL CENTER AND ITS AFFILIATED NON-PROFIT ORGANIZATIONS, SUCH AS HUNTERDON REGIONAL COMMUNITY HEALTH AND HUNTERDON HOSPICE, IN FULFILLING THEIR MISSION TO MEET THE COMMUNITY'S NEED FOR HIGH QUALITY HEALTHCARE.

    Expenses $746,584 · Grants $746,584

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

Listed in Part VII

  • PATRICK J GAVIN MPH MBA

    TRUSTEE - HHS PRESIDENT/CEO

    Total calculated
    $1,320,725
    From this org
    $0
    From related orgs
    $1,289,261
    Other
    $31,464
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $956,126 related
    Bonus
    $0 + $299,087 related
    Other
    $0 + $34,048 related
    Deferred
    $0 + $12,200 related
    Nontaxable benefits
    $0 + $19,264 related
    Filer's total
    $0 + $1,320,725 related

  • HERBERT WHITE

    HHS CFO

    Total calculated
    $681,005
    From this org
    $0
    From related orgs
    $582,991
    Other
    $98,014
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $438,400 related
    Bonus
    $0 + $112,715 related
    Other
    $0 + $31,876 related
    Deferred
    $0 + $62,170 related
    Nontaxable benefits
    $0 + $35,844 related
    Filer's total
    $0 + $681,005 related

  • PHILIPPE M BEEKMAN

    SENIOR VP

    Total calculated
    $386,176
    From this org
    $0
    From related orgs
    $331,452
    Other
    $54,724
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0 + $253,670 related
    Bonus
    $0 + $49,129 related
    Other
    $0 + $28,653 related
    Deferred
    $0 + $39,268 related
    Nontaxable benefits
    $0 + $15,456 related
    Filer's total
    $0 + $386,176 related

  • SUZANNE SCHWANDA

    CHAIR - TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LOREN SPANN

    VICE CHAIR - TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • KATE HUGHES

    SECRETARY - TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • GREG MISCHKE

    TREASURER - TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BRUCE ADAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ROBERT BOGGIANO MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOHN BONK

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LYNN COATES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ELLIOT DECKER MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • EDWARD J DOUGHERTY EDD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • ELLEN LOCKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JOHN MCGUIRE PHD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • JENNIFER MONTES MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • GEORGE MULLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MEGHA A SHAH MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL B SILBER DO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • EDWARD SPECTOR MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CANDICE A TEUBER PHARMD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • LAURIE TURENNE-KOLPAN MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • BRETT WALSH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • DANIEL WRIGHT

    TRUSTEE

    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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I; QUESTION 4B
THE DEFERRED COMPENSATION AMOUNT IN COLUMN C FOR THE FOLLOWING INDIVIDUALS INCLUDES UNVESTED BENEFITS IN AN INTERNAL REVENUE CODE SECTION 457(F) PLAN (NON-QUALIFIED DEFERRED COMPENSATION PLAN) WHICH ARE SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. ACCORDINGLY, THE INDIVIDUALS MAY NEVER ACTUALLY RECEIVE THIS UNVESTED BENEFIT AMOUNT. THE AMOUNTS OUTLINED HEREIN WERE NOT INCLUDED IN EACH INDIVIDUAL'S 2022 FORM W-2, AS TAXABLE WAGES: HERBERT WHITE, $49,970 AND PHILIPPE M. BEEKMAN, $27,145.
SCHEDULE J, PART I; QUESTION 7
CERTAIN INDIVIDUALS INCLUDED IN SCHEDULE J, PART II RECEIVED A BONUS DURING CALENDAR YEAR 2022 WHICH AMOUNTS WERE INCLUDED IN COLUMN B(II) HEREIN AND IN EACH INDIVIDUAL'S 2022 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT.

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.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2022
Filed
14 November 2023
IRS schema version
2022v5.0
Source object
202313189349317971

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