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← MCCULLOUGH-HYDE MEMORIAL HOSPITAL ENDOWMENT FUND

Form 990 for tax year 2024

Filed by MCCULLOUGH-HYDE MEMORIAL HOSPITAL ENDOWMENT FUND.

Totals

Total revenue
$3,019,508
Total expenses
$1,170,794
Contributions and grants received
$1,448,950
Grants paid
$593,920
Program service revenue
$0
Investment income
$1,441,933
Other revenue
$128,625
Total assets, end of year
$23,215,935
Total liabilities, end of year
$76,039
Net assets or fund balances, end of year
$23,139,896
Program services expenses (Part IX)
$823,192
Management and general expenses
$225,035
Fundraising expenses
$122,567
Program service expenses (Part III)
$823,192

Program services were 70.3% 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

    $84,929

  • 1d · Related organizations

    $25,000

  • 1f · All other contributions, gifts and grants

    $1,339,021

  • 3 · Investment income

    total $616,763 · excluded $616,763

  • 6a · Gross rents

    real property $49,800

  • 6b · Less rental expenses

    real property $34,936

  • 6c · Rental income or loss

    real property $14,864

  • 6d · Net rental income or loss

    total $14,864 · excluded $14,864

  • 7a · Gross sales of assets other than inventory

    securities $7,049,543

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

    securities $6,224,373

  • 7c · Gain or loss

    securities $825,170

  • 7d · Net gain or loss

    total $825,170 · excluded $825,170

  • 8a · Fundraising events: gross income

    $12,245

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

    $84,929

  • 8b · Fundraising events: direct expenses

    $31,278

  • 8c · Net income from fundraising events

    total -$19,033 · excluded -$19,033

  • 11a · Other revenue: HRSA GRANT ADMIN FEE

    total $131,988 · related or exempt $131,988

  • 11b · Other revenue: MISCELLANEOUS

    total $806 · related or exempt $806

  • 11e · Other revenue, total

    $132,794

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $573,448 · program services $573,448

  • 2 · Grants to domestic individuals

    total $20,472 · program services $20,472

  • 11a · Fees: management

    total $398,928 · program services $228,572 · management and general $84,299 · fundraising $86,057

  • 11c · Fees: accounting

    total $45,419 · management and general $45,419

  • 11f · Fees: investment management

    total $15,975 · management and general $15,975

  • 11g · Fees: other

    total $20,000 · fundraising $20,000

  • 12 · Advertising and promotion

    total $20,525 · management and general $20,525

  • 13 · Office expenses

    total $24,988 · management and general $23,020 · fundraising $1,968

  • 14 · Information technology

    total $23,463 · management and general $8,953 · fundraising $14,510

  • 16 · Occupancy

    total $18,234 · management and general $18,234

  • 17 · Travel

    total $90 · management and general $90

  • 19 · Conferences, conventions and meetings

    total $40 · management and general $40

  • 23 · Insurance

    total $5,568 · management and general $5,568

  • 24a · Other expenses: COMMUNICATIONS

    total $1,850 · program services $700 · management and general $1,150

  • 24b · Other expenses: BUSINESS MEALS

    total $1,310 · management and general $1,310

  • 24c · Other expenses: DUES & LICENSES

    total $160 · management and general $160

  • 24d · Other expenses: ENTERTAINMENT

    total $106 · management and general $106

  • 24e · All other expenses

    total $218 · management and general $186 · fundraising $32

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $269,403 · end of year $110,936

  • 3 · Pledges and grants receivable

    beginning of year $29,975 · end of year $7,116

  • 4 · Accounts receivable

    beginning of year $0 · end of year $323,554

  • 9 · Prepaid expenses and deferred charges

    beginning of year $3,511 · end of year $3,049

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

    $417,923

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

    $173,862

  • 10c · Land, buildings and equipment, net

    beginning of year $258,430 · end of year $244,061

  • 11 · Investments: publicly traded securities

    beginning of year $20,166,289 · end of year $22,527,219

  • 17 · Accounts payable and accrued expenses

    beginning of year $86,500 · end of year $73,000

  • 25 · Other liabilities

    beginning of year $104,711 · end of year $3,039

  • 27 · Net assets without donor restrictions

    beginning of year $16,166,418 · end of year $17,541,661

  • 28 · Net assets with donor restrictions

    beginning of year $4,369,979 · end of year $5,598,235

Mission and programs · 2024

Mission

SEE SCHEDULE O

Activities or mission (Part I)

THE FOUNDATION PROVIDES SUPPORT TO MCCULLOUGH-HYDE MEMORIAL HOSPITAL AND THE SURROUNDING COMMUNITY.

  • SUPPORT FOR HEALTH PROGRAMS AND HOSPITAL DEPARTMENTS: THE FOUNDATION PROVIDED SUPPORT FOR HOSPITAL STRATEGIC ADVANCEMENTS AND CURRENT NEEDS THAT SUPPORTED THE COMMUNITIES IN BUTLER COUNTY, OHIO, FRANKLIN COUNTY, INDIANA, PREBLE COUNTY, OHIO, UNION COUNTY, INDIANA AND OTHER NEARBY COMMUNITIES SERVED BY THE HOSPITAL. DURING THE YEAR, THE FOUNDATION FOCUSED ON PROVIDING HOSPITAL DEPARTMENT SUPPORT (SURGERY, RESPIRATORY, LABORATORY, INPATIENT CARE, IMAGING, CARDIAC, ONCOLOGY, PHARMACY, PHYSICAL THERAPY AND OBSTETRICS), EMPLOYEE ASSISTANCE SUPPORT, PROGRAM SUPPORT (E.G. OXFORD FREE CLINIC), PATIENT SUPPORT (MEDICAL GAP FUNDING, TEMPORARY ASSISTANCE AND EMERGENCY FUNDING) AND HOSPITAL CAPITAL PROJECTS (FACILITY RENOVATIONS, EQUIPMENT PURCHASES AND CLINICAL INNOVATION).

    Expenses $342,284 · Grants $342,284

  • SUPPORT FOR DEVELOPMENT AND COMMUNITY ENGAGEMENT ACTIVITIES TO SUPPORT THE MCCULLOUGH-HYDE MEMORIAL HOSPITAL: THE FOUNDATION REPRESENTS THE INTERESTS OF THE COMMUNITIES SERVED BY MCCULLOUGH-HYDE MEMORIAL HOSPITAL AND SERVES AS A CONDUIT BETWEEN COMMUNITY MEMBERS AND DONORS AND THE HOSPITAL AS IT RELATES TO PHILANTHROPY AND ENGAGEMENT. THE EFFORTS OF THE FOUNDATION OVER THE YEARS HAS PRODUCED AN ENDOWMENT OF $23.1 MILLION, WITH $17.5 MILLION UNRESTRICTED AND $5.6 MILLION DESIGNATED.

    Expenses $229,272 · Revenue $132,794

  • COMMUNITY GRANTING PROGRAM: THE FOUNDATION MADE INVESTMENTS THAT ADDRESS SIGNIFICANT HEALTH NEEDS OF LOCAL COMMUNITIES. IT PARTNERED WITH AND PROVIDED FUNDING TO LOCAL ORGANIZATIONS THAT ARE LEADING THE WAY TO BUILD HEALTHIER COMMUNITIES. EACH YEAR, THE EMPHASIS IS ON PROGRAMS AND PROJECTS THAT FOCUS ON EDUCATION, PREVENTION PROGRAMS, AWARENESS EFFORTS, WELLNESS OPPORTUNITIES AND DIRECT CARE IN THE FOLLOWING AREAS - MENTAL HEALTH, ALCOHOL AND DRUGS ABUSE, ACCESS TO HEALTHCARE, FOOD INSECURITIES AND OBESITY AND HEALTHY BEHAVIORS. THESE FIVE FUNDING PRIORITIES ADDRESS SIGNIFICANT HEALTH NEEDS IDENTIFIED IN THE COMMUNITY HEALTH NEEDS ASSESSMENT, PUBLISHED TRIENNIALLY BY MCCULLOUGH-HYDE MEMORIAL HOSPITAL.

    Expenses $226,573 · Grants $226,573

  • SUPPORT FOR EDUCATIONAL NEEDS: THE FOUNDATION FUNDED ACADEMIC SCHOLARSHIPS AND CONTINUING EDUCATION FOR EMPLOYEES OF MCCULLOUGH-HYDE. THE EDUCATIONAL SUPPORT FROM THE FOUNDATION FOCUSED ON GENERAL ACADEMIC ADVANCEMENT (BACHELOR'S DEGREES, MASTER'S DEGREE AND DOCTORATES RELATED TO HEALTHCARE, HEALTHCARE ADMINISTRATION OR OTHER RELATED FIELDS OF STUDY), CERTIFICATIONS (REGISTERED NURSES, LICENSED PRACTICAL NURSES, TECHNICIANS AND OTHER POSITION-SPECIFIC CERTIFICATIONS) AND CONTINUING EDUCATION OPPORTUNITIES (SPECIALIZED TRAINING, SEMINARS, TRAININGS AND CONFERENCES).

    Expenses $25,063 · Grants $25,063

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Mary Butterfield

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Amy Longcamp

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Deloris Rome Hudson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Julie Jolliff

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Travis Robinson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Pat Sidley

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Tim McGowan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Sibyl Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Harlan MD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Karen Baker

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Tyler Wash

    PRESIDENT & CEO

    Total calculated
    $200,256
    From this org
    $158,096
    From related orgs
    $0
    Other
    $42,160
    Hours/week
    60

    Schedule J breakdown matched by us

    Base
    $142,477
    Bonus
    $14,750
    Other
    $869
    Deferred
    $8,198
    Nontaxable benefits
    $33,962
    Filer's total
    $200,256

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

None.

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

The filer's explanations (Part III)

FORM 990, PART VII, SECTION A, LINE 5:
TRIHEALTH, INC., AN UNRELATED ORGANIZATION OF MCCULLOUGH-HYDE FOUNDATION, PAID THE FOLLOWING INDIVIDUALS COMPENSATION (I.E. SALARIES AND BENEFITS) FOR SERVICES RENDERED AS AN EMPLOYEE OF THE FILING ORGANIZATION. TRIHEALTH, INC. WAS SUBSEQUENTLY REIMBURSED BY MCCULLOUGH-HYDE FOUNDATION FOR THE AMOUNTS: TYLER WASH - $200,256

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

The 10 largest by cash amount. The API serves every itemized grant.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • MCCULLOUGH-HYDE MEMORIAL HOSPITAL TRUST REAL ESTATE LLC

    REAL ESTATE HOLDINGS · OH · income $50,605 · assets $254,730

    Directly controlled by MCCULLOUGH-HYDE MEMORIAL HOSPITAL ENDOWMENT FUND

Provenance

Return type
form_990
Tax year
2024
Filed
14 May 2026
IRS schema version
2024v5.5
Source object
202611349349308736

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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