MARGARETVILLE HEALTH FOUNDATION

Address
42084 STATE HIGHWAY 28
MARGARETVILLE, NY 124552820
Contact
Website: http://www.margaretvillehealthfoundation.org/
Phone: +1 (845) 586-2631
Nonprofit
NTEE: E11 - Single Organization Support
EIN: 26-1998454

Mission

TO BE A STRATEGIC & PROACTIVE FUNDRAISING CENTER THAT COMMUNICATES THE HOSPITAL AND NURSING HOME GOALS TO FURTHER RAISE AWARENESS OF THE ESSENTIAL ROLE THEY PLAY IN THE COMMUNITY WHILE FOSTERING GOOD WILL IN THE AREA.
 20162015201420132012
Basic features of the organization
Year of formation2008
Subsection code03
PF filing required0    
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$0.00$0.00$0.00$0.00$0.00
Sum of reportable (W2/1099) compensation$0.00$0.00$0.00$0.00$0.00
Number of employees00000
Number of people compensated >$100k00000
Number of volunteers35000
Number of highly compensated contractors0000 
Personnel
Boghjalian, Sarkis
Title  TRUSTEE 1/1/14-5/31/14TRUSTEETRUSTEE
Name of key/compensated person  SARKIS BOGHJALIANSARKIS BOGHJALIANSARKIS BOGHJALIAN
Position of compensated person
Current individual trustee or director  TrueTrueTrue
Average hours per week working for org  1.01.01.0
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Average hours per week working for related orgs  0.00.00.0
Bramley, Donald
TitleTRUSTEE (RESIGNED 8/15/16)TRUSTEETRUSTEETRUSTEE 
Name of key/compensated personDONALD BRAMLEYDONALD BRAMLEYDONALD BRAMLEYDONALD BRAMLEY 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org1.01.01.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs0.00.00.00.0 
Brighton, Heather
TitleCHAIRPERSONCHAIRPERSONCHAIRPERSONCHAIRPERSONCHAIRPERSON
Name of key/compensated personHEATHER BRIGHTONHEATHER BRIGHTONHEATHER BRIGHTONHEATHER BRIGHTONHEATHER BRIGHTON
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Average hours per week working for org1.01.01.01.01.0
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Average hours per week working for related orgs0.00.00.00.00.0
Criswell, Christopher
Title    TREASURER
Name of key/compensated person    CHRISTOPHER CRISWELL
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.0
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Average hours per week working for related orgs    0.0
Hohenhaus, Susan
TitleTrustee (RESIGNED 11/28/16)    
Name of key/compensated personSusan Hohenhaus    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.0    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.0    
Horan, Sandra
TitleFORMER EXECUTIVE DIRECTOREXECUTIVE DIRECTOREXECUTIVE DIRECTOREXECUTIVE DIRECTOREXECUTIVE DIRECTOR
Name of key/compensated personSANDRA HORANSANDRA HORANSANDRA HORANSANDRA HORANSANDRA HORAN
Position of compensated person
Average hours per week working for org0.00.50.50.51.0
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$12,950.00$12,030.00$11,672.00$10,800.00$10,718.00
Corresponding comp from related orgs
Reportable compensation from related orgs $200,755.00$197,242.00$189,811.00$170,621.00$176,173.00
Average hours per week working for related orgs0.037.037.037.036.5
Llobet, Paul
TitleChief Med.Officer (EFF. 5/16)    
Name of key/compensated personPaul Llobet MD    
Position of compensated person
Average hours per week working for org0.5    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$1,783.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $312,458.00    
Average hours per week working for related orgs37.0    
Lopez, Carmen
TitleFirst Chair    
Name of key/compensated personCarmen Lopez    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.0    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.0    
McCann, Amy
TitleTrustee (RESIGNED 9/20/16)    
Name of key/compensated personAmy McCann    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.0    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.0    
McGee, Donald
Title    VICE CHAIR
Name of key/compensated person    DONALD MCGEE
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.0
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Average hours per week working for related orgs    0.0
Molnar, Peter
Title TRUSTEETRUSTEETRUSTEE 
Name of key/compensated person PETER MOLNARPETER MOLNARPETER MOLNAR 
Position of compensated person
Current individual trustee or director TrueTrueTrue 
Average hours per week working for org 1.01.01.0 
Reportable compensation from org $0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00 
Average hours per week working for related orgs 0.00.00.0 
Moore, Kathleen
TitleTRUSTEE (RESIGNED 8/31/16)TRUSTEETRUSTEETRUSTEE 
Name of key/compensated personKATHLEEN MOOREKATHLEEN MOOREKATHLEEN MOOREKATHLEEN MOORE 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org1.01.01.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs0.00.00.00.0 
Moriarity, Michael
TitleTRUSTEE (RESIGNED 11/28/16)TRUSTEETRUSTEETRUSTEE 
Name of key/compensated personMICHAEL MORIARITYMICHAEL MORIARITYMICHAEL MORIARITYMICHAEL MORIARITY 
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrue 
Average hours per week working for org1.01.01.01.0 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Average hours per week working for related orgs0.00.00.00.0 
O'Shaughnessy, Christine
Title    TRUSTEE through 7/1/12
Name of key/compensated person    CHRISTINE O'SHAUGHNESSY
Position of compensated person
Current individual trustee or director    True
Average hours per week working for org    1.0
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Average hours per week working for related orgs    0.0
Parker, Merle
TitleTrustee    
Name of key/compensated personMerle Ann Parker    
Position of compensated person
Current individual trustee or directorTrue    
Average hours per week working for org1.0    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Average hours per week working for related orgs0.0    
Pohar, Mark
TitleExecutive Director (Eff. 5/16)    
Name of key/compensated personMark Pohar    
Position of compensated person
Average hours per week working for org0.5    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$19,876.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $140,335.00    
Average hours per week working for related orgs37.0    
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTo fundraise to support the critical access healthcare services Margaretville Memorial Hospital provides to the community it serves.TO BE A STRATEGIC & PROACTIVE FUNDRAISING CTR THAT COMMUNICATES HOSP & NURS HOME GOALS TO FURTHER RAISE AWARENESS OF THE ESSENTIAL ROLE THEY PLAY IN THE COMMUNITY.TO BE A STRATEGIC & PROACTIVE FUNDRAISING CTR THAT COMMUNICATES HOSP & NURS HOME GOALS TO FURTHER RAISE AWARENESS OF THE ESSENTIAL ROLE THEY PLAY IN THE COMMUNITY.TO BE A STRATEGIC & PROACTIVE FUNDRAISING CTR THAT COMMUNICATES HOSP & NURS HOME GOALS TO FURTHER RAISE AWARENESS OF THE ESSENTIAL ROLE THEY PLAY IN THE COMMUNITY.TO BE A STRATEGIC AND PROACTIVE FUNDRAISING CTR THAT COMMUNICATES THE HOSP & NURSING HOME GOALS TO FURTHER RAISE AWARENESS OF THE ESSENTIAL ROLE THEY PLAY IN THE COMMUNITY WHILE FOSTERING GOOD WILL IN THE AREA.
Program service expenses, total$10,750.00$34,906.00$50,684.00$7,186.00$105,108.00
Programs, including revenue & expenses
MARGARETVILLE HEALTH FOUNDATION (THE "FOUNDATION") Performs FUNDRAISING ACTIVITIES TO BENEFIT AND SUPPORT MARGARETVILLE MEMORIAL HOSPITAL (THE "HOSPITAL"). DURING 2016, THE FOUNDATION DISTRIBUTED THE FOLLOWING TO THE HOSPITAL: $7,750 FOR OPERATIONS (UNRESTRICTED), $1,500 FOR EMPLOYEE CARES, AND $1,500 FOR SCHOLARSHIPS.
Program expenses$10,750.00$34,906.00$50,684.00$7,186.00$105,108.00
Grants and allocations made$0.00    
Program revenue$0.00   $0.00
Program descriptionMARGARETVILLE HEALTH FOUNDATION (THE "FOUNDATION") Performs FUNDRAISING ACTIVITIES TO BENEFIT AND SUPPORT MARGARETVILLE MEMORIAL HOSPITAL (THE "HOSPITAL"). DURING 2016, THE FOUNDATION DISTRIBUTED THE FOLLOWING TO THE HOSPITAL: $7,750 FOR OPERATIONS (UNRESTRICTED), $1,500 FOR EMPLOYEE CARES, AND $1,500 FOR SCHOLARSHIPS.MARGARETVILLE HEALTH FOUNDATION (THE "FOUNDATION") DEVOTES THE PROCEEDS OF ITS FUNDRAISING ACTIVITIES TO BENEFIT AND SUPPORT MARGARETVILLE MEMORIAL HOSPITAL (THE "HOSPITAL"). DURING 2015, THE FOUNDATION DISTRIBUTED THE FOLLOWING TO THE HOSPITAL: $22,500 FOR REHAB IPT, $7,500 TO MOUNTAINSIDE RESIDENTIAL CARE CENTER (UNRESTRICTED), $2,690 FOR EMPLOYEE CARES, $2,000 FOR SCHOLARSHIPS, AND $216 TO MARGARETVILLE HOSPITAL FOR THE AMBULATORY SURGERY UNIT.MARGARETVILLE HEALTH FOUNDATION (THE "FOUNDATION") DEVOTES THE PROCEEDS OF ITS FUNDRAISING ACTIVITIES TO BENEFIT AND SUPPORT MARGARETVILLE MEMORIAL HOSPITAL (THE "HOSPITAL"). DURING 2014, THE FOUNDATION DISTRIBUTED THE FOLLOWING TO THE HOSPITAL: $1,134 FOR TUITION, $15,000 TO MOUNTAINSIDE RESIDENTIAL CARE CENTER (UNRESTRICTED), $2,550 FOR EMPLOYEE CARES, $2,000 FOR SCHOLARSHIPS, AND $30,000 TO MARGARETVILLE HOSPITAL FOR THE AMBULATORY SURGERY UNIT.MARGARETVILLE HEALTH FOUNDATION (THE "FOUNDATION") DEVOTES THE PROCEEDS OF ITS FUNDRAISING ACTIVITIES TO BENEFIT AND SUPPORT MARGARETVILLE MEMORIAL HOSPITAL (THE "HOSPITAL"). DURING 2013, THE FOUNDATION DISTRIBUTED THE FOLLOWING TO THE HOSPITAL: $1,100 FOR EMPLOYEE CARES, $3,000 FOR SCHOLARSHIPS, $548.78 FOR TUITION, AND $2,500 TO MH AUXILIARY. THE FOUNDATION ALSO DISTRIBUTED $37 WHICH IS UNRESTRICTED.MARGARETVILLE HEALTH FOUNDATION (THE "FOUNDATION") DEVOTES THE PROCEEDS OF ITS FUNDRAISING ACTIVITIES TO BENEFIT AND SUPPORT MARGARETVILLE MEMORIAL HOSPITAL (THE "HOSPITAL"). DURING 2012, THE FOUNDATION DISTRIBUTED THE FOLLOWING TO THE HOSPITAL: $200 FOR EMPLOYEE ASSISTANCE, $2,530 FOR WELLNESS COMMITTEE, $340 TO NURSES FUND, $1,500 FOR SCHOLARSHIPS, $1,520 FOR NURSING HOME, $3,818 TO PT DEPARTMENT AND $81,379 TOWARDS A NEW CT SCANNER. THE FOUNDATION ALSO DISTRIBUTED $12,250 WHICH IS UNRESTRICTED.
Financial data
Revenue
Total revenue$65,596.00$93,057.00$63,608.00$91,580.00$53,525.00
Revenue from contributions (total)$48,681.00$68,677.00$65,135.00$71,391.00$55,650.00
Revenue from noncash contributions$0.00$144.00$2,090.00 $889.00
Investment income, current yr$7,355.00$8,207.00$5,400.00$29,942.00$130.00
Total revenue from grants, etc., current yr$48,681.00$68,677.00$65,135.00$71,391.00$55,650.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$9,560.00$16,173.00-$6,927.00-$9,753.00-$2,255.00
Program service revenue (total)$0.00$0.00$0.00$0.00$0.00
Gross receipts$74,787.00$104,734.00$72,852.00$301,333.00$55,780.00
Sources of contributions
Revenue from fundraising events$0.00$144.00$16,343.00$19,220.00$5,604.00
Revenue from all other contributions$48,681.00$68,533.00$48,792.00$52,171.00$50,046.00
Other types of revenue
Royalties (total)$0.00$0.00$0.00$0.00$0.00
Miscellaneous revenue (total)$0.00$0.00$0.00$0.00$0.00
Net revenue from gaming (total)$0.00$0.00$0.00$0.00$0.00
Income from dividends, interest, and similar investments$7,355.00$8,207.00$5,400.00$239.00$130.00
Net rental income$0.00$0.00$0.00$0.00$0.00
Net income from fundraising events$9,560.00$16,173.00-$6,927.00-$9,753.00-$2,255.00
Net inventory sales (total)$0.00$0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$58,912.00$79,902.00$81,778.00$40,327.00$155,570.00
Total functional expenses: program service $10,750.00$34,906.00$50,684.00$7,186.00$105,108.00
Total functional expenses: management and general$4,600.00$4,808.00$488.00$183.00$1,393.00
Total functional expenses: fundraising$43,562.00$40,188.00$30,606.00$32,958.00$49,069.00
Fees for services
Lobbying fees (total)$0.00$0.00$0.00$0.00$0.00
Legal fees (total)$0.00$0.00$0.00$0.00$121.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
General management fees (total)$0.00$0.00$0.00$0.00$0.00
Investment management fees (total)$1,769.00$1,498.00$827.00$1,625.00$0.00
Assets and liabilities
Total assets$331,654.00$311,331.00$312,160.00$330,712.00$296,054.00
Total assets, beginning of year$311,331.00$312,160.00$330,712.00$296,054.00$303,518.00
Total liabilities$1,876.00$2,296.00$4,147.00$0.00$4,926.00
Total liabilities, beginning of year$2,296.00$4,147.00$0.00$4,926.00$67.00
Pledges & accounts receivable, net$799.00$1,368.00$156.00$155.00$832.00
Loans & receivables from key persons$0.00$0.00$0.00$0.00$0.00
Unrestricted net assets, end of yr$223,495.00$243,495.00$236,265.00$260,982.00$235,382.00
Temporarily restricted net assets$106,283.00$65,540.00$71,748.00$69,730.00$55,746.00
Permanently restricted net assets, end of yr$0.00$0.00$0.00$0.00$0.00
Net assets$329,778.00$309,035.00$308,013.00$330,712.00$291,128.00
Net assets, beginning of year$309,035.00$308,013.00$330,712.00$291,128.00$303,451.00
Other liabilities$1,876.00$2,087.00$2,865.00$0.00$2,956.00
Bond liabilities$0.00$0.00$0.00$0.00$0.00
Intangible assets$0.00$0.00$0.00$0.00$0.00
Other assets$0.00$0.00$0.00$812.00$0.00
Investments: other securities$0.00$0.00$0.00$0.00$0.00
Investments: publicly traded securities$238,773.00$219,255.00$230,153.00$229,861.00$213,292.00
Cash: non-interest bearing$92,082.00$90,708.00$81,851.00$99,884.00$81,330.00
Cash: non-interest bearing, beginning of year$90,708.00$81,851.00$99,884.00$81,330.00$303,399.00
Investments -- program-related$0.00$0.00$0.00$0.00$0.00
Escrow or custodial account liability$0.00$0.00$0.00$0.00$0.00
Loans and other payables to key persons$0.00$0.00$0.00$0.00$0.00
Grants payable$0.00$0.00$0.00$0.00$0.00
Inventories for sale or use$0.00$0.00$0.00$0.00$0.00
Other financial variables
Revenue less expenses$6,684.00$13,155.00-$18,170.00$51,253.00-$102,045.00
Advertising (total)$10,499.00$14,021.00$5,882.00$3,896.00$5,471.00
Savings & temp cash investment$0.00$0.00$0.00$0.00$0.00
Accounts receivable, net$0.00$0.00$0.00$0.00$600.00
Prepaid expenses & deferred charges$0.00$0.00$0.00$0.00$0.00
Accounts payable & accrued expenses$0.00$209.00$1,282.00$0.00$1,970.00
Deferred revenue$0.00$0.00$0.00$0.00$0.00
Unsecured notes & loans to unrelated parties$0.00$0.00$0.00$0.00$0.00
Secured mortgages and notes payable$0.00$0.00$0.00$0.00$0.00
Total net assets or fund balances$329,778.00$309,035.00$308,013.00$330,712.00$291,128.00
Depreciation, depletion, amortization$0.00$0.00$0.00$0.00$0.00
Payment to affiliates$0.00$0.00$0.00$0.00$0.00
Governance and accountability
Number of voting members35564
Number of independent voting members35564
Financial sheets auditedTrueTrueTrueTrueTrue
Audit on consolidated basisTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrue    
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2017-12-042017-04-042016-01-282014-12-292014-01-07
IRS schema version2016v3.12015v2.12014v5.02013v3.12012v2.1
Filing identifier201733039349301318201633199349305518201513169349301671201423189349306282201333199349304223
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