The Casey Health Institute Foundation Incorporated

Address
15001 Shady Grove Road
Rockville, MD 20850
Contact
Phone: +1 (301) 664-6464
Nonprofit
NTEE: E11 - Single Organization Support
EIN: 45-0929574

Mission

The Casey Health Institute Foundation, Inc. ("CHIF") was created to support CHI Health Care, Inc. (CHI) in fulfilling its mission. See Schedule O for continuation
 20172016201520142013
Basic features of the organization
Year of formation2011
Subsection code03
PF filing required0    
Metropolitan statistical area8872
Form of organization
CorporationTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$306,922.00$462,348.00$284,076.00$309,934.00$260,064.00
Sum of reportable (W2/1099) compensation$345,948.00$469,015.00$323,316.00$292,307.00$260,064.00
Number of employees98676
Number of people compensated >$100k23222
Number of volunteers00000
Number of highly compensated contractors21214
Personnel
Bar-Levav, Ilana
TitlePresidentPresidentPresidentVice PresidentVice President
Name of key/compensated personIlana Bar-Levav MDIlana Bar-Levav MDIlana Bar-Levav MDIlana Bar-Levav MDIlana Bar-Levav MD
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org1.0040.0020.0020.0025.00
Reportable compensation from org$0.00$128,442.00$108,707.00$118,594.00$103,967.00
Breakdown of reportable comp
Base reportable compensation from org $75,365.00$108,120.00$118,594.00$103,614.00
Bonus and incentive reportable compensation $0.00$127.00$0.00$0.00
Other reportable compensation from org $53,077.00$460.00$0.00$353.00
Retirement and other deferred compensation $24,000.00$9,330.00$7,745.00$0.00
Nontaxable benefits from org $0.00$1,572.00$2,082.00$0.00
Compensation from org previously reported as deferred $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$24,000.00$21,804.00$19,654.00$14,843.00
Sum of all compensation from org $152,442.00$119,609.00$128,421.00$103,967.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$108,707.00$118,594.00$103,967.00
Average hours per week working for related orgs1.001.0020.0020.0025.00
Fogel, David
TitleEx-Officio member/ CEOEx-Officio member/ CEOEx-Officio non-voting member, CEOPresident, Ex-Officio non-voting memberPresident
Name of key/compensated personDavid Fogel MDDavid Fogel MDDavid Fogel MDDavid Fogel MDDavid Fogel MD
Position of compensated person
Current individual trustee or director   TrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org20.0020.0020.0020.0025.00
Reportable compensation from org$150,908.00$151,929.00$155,593.00$173,713.00$156,097.00
Breakdown of reportable comp
Base reportable compensation from org$150,908.00$149,429.00$152,506.00$167,488.00$149,519.00
Bonus and incentive reportable compensation$0.00$0.00$127.00$0.00$0.00
Other reportable compensation from org$0.00$2,500.00$2,960.00$6,225.00$6,578.00
Retirement and other deferred compensation$7,163.00$9,581.00$7,800.00$7,800.00$0.00
Nontaxable benefits from org$7,755.00$7,755.00$1,074.00$0.00$0.00
Compensation from org previously reported as deferred$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$29,836.00$34,672.00$17,748.00$15,600.00$13,191.00
Sum of all compensation from org$165,826.00$169,265.00$164,467.00$181,513.00$156,097.00
Corresponding comp from related orgs
Reportable compensation from related orgs $150,908.00$151,929.00$155,593.00$173,713.00$156,097.00
Average hours per week working for related orgs20.0020.0020.0020.0025.00
Gersh, Tracey
TitleEVP and COOEVP and COO   
Name of key/compensated personTracey Gersh PhDTracey Gersh PhD   
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org20.0020.00   
Reportable compensation from org$130,875.00$126,524.00   
Breakdown of reportable comp
Base reportable compensation from org$130,875.00$126,524.00   
Bonus and incentive reportable compensation$0.00$0.00   
Other reportable compensation from org$0.00$0.00   
Retirement and other deferred compensation$5,226.00$9,581.00   
Nontaxable benefits from org$4,995.00$4,536.00   
Compensation from org previously reported as deferred$0.00$0.00   
Other comp, non-reportable, from org and related orgs$20,442.00$28,234.00   
Sum of all compensation from org$141,096.00$140,641.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $130,875.00$126,524.00   
Average hours per week working for related orgs20.0020.00   
Gold, Steven
TitleChairChairChairTreasurer and Chair-electTreasurer
Name of key/compensated personSteven GoldSteven GoldSteven GoldSteven GoldSteven Gold
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
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 orgs1.001.001.001.001.00
McCarthy, Nancy
TitleControllerControllerController  
Name of key/compensated personNancy MccarthyNancy MccarthyNancy Mccarthy  
Position of compensated person
Average hours per week working for org20.0020.0020.00  
Reportable compensation from org$64,165.00$62,120.00$59,016.00  
Other comp, non-reportable, from org and related orgs$13,417.00$9,386.00$7,770.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $64,165.00$62,120.00$59,016.00  
Average hours per week working for related orgs20.0020.0020.00  
Siegler, John
TitleSecretarySecretarySecretarySecretarySecretary
Name of key/compensated personJohn Siegler MBAJohn Siegler MBAJohn Siegler MBAJohn Siegler MBAJohn Siegler MBA
Position of compensated person
Current individual trustee or directorTrueTrueTrueTrueTrue
Current officerTrueTrueTrueTrueTrue
Average hours per week working for org1.001.001.001.001.00
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 orgs1.001.001.001.001.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesSupporting organization exclusively for the benefit of CHI Health Care, Inc.Supporting organization exclusively for the benefit of The Casey Health Institute.Supporting organization exclusively for the benefit of The Casey Health Institute.Supporting organization exclusively for the benefit of The Casey Health Institute.Supporting organization exclusively for the benefit of The Casey Health Institute.
Program service expenses, total$9,864,985.00$2,620,888.00$3,287,043.00$2,234,630.00$1,100,000.00
Programs, including revenue & expenses
The Foundation's sole purpose is to support CHI, a 501(c)(3) corporation through the operation of an IRC Section 509(a)(3) Type 1 supporting organization. All of CHIF's activities and income benefit CHI. Through December 2017, CHIF owned, through a single-member limited liability company, the building in which CHI conducted its activities. In addition, CHIF holds and manages investment assets for the sole benefit of CHI. CHIF's income is used to make grants to CHI and to make payments for the benefit of CHI, all in support of CHI's charitable purpose.
Program expenses$9,864,985.00$2,620,888.00$3,287,043.00$2,234,630.00$1,100,000.00
Grants and allocations made$9,803,456.00$2,483,692.00$2,802,144.00$2,200,000.00$1,100,000.00
Program descriptionThe Foundation's sole purpose is to support CHI, a 501(c)(3) corporation through the operation of an IRC Section 509(a)(3) Type 1 supporting organization. All of CHIF's activities and income benefit CHI. Through December 2017, CHIF owned, through a single-member limited liability company, the building in which CHI conducted its activities. In addition, CHIF holds and manages investment assets for the sole benefit of CHI. CHIF's income is used to make grants to CHI and to make payments for the benefit of CHI, all in support of CHI's charitable purpose.The Foundation's sole purpose is to support CHI, a 501(c)(3) corporation through the operation of an IRC Section 509(a)(3) Type 1 supporting organization. All of CHIF's activities and income benefit CHI. CHIF owns, through a single-member limited liability company, the building in which CHI conducts its activities. In addition, CHIF holds and manages investment assets for the sole benefit of CHI. CHIF's income is used to make grants to CHI and to make payments for the benefit of CHI, all in support of CHI's charitable purpose.The Foundation's sole purpose is to support CHI, a 501(c)(3) corporation through the operation of an IRC Section 509(a)(3) Type 1 supporting organization. All of CHIF's activities and income benefit CHI. CHIF owns, through a single-member limited liability company, the building in which CHI conducts its activities. In addition, CHIF holds and manages investment assets for the sole benefit of CHI. CHIF's income is used to make grants to CHI and to make payments for the benefit of CHI, all in support of CHI's charitable purpose.The Foundation's sole purpose is to support CHI, a 501(c)(3) corporation through the operation of an IRC Section 509(a)(3) Type 1 supporting organization. All of CHIF's activities and income benefit CHI. CHIF owns, through a single-member limited liability company, the building in which CHI conducts its activities. In addition, CHIF holds and manages investment assets for the sole benefit of CHI. CHIF's income is used to make grants to CHI and to make payments for the benefit of CHI, all in support of CHI's charitable purpose.The Foundation's sole purpose is to support CHI, a 501(c)(3) corporation through the operation of an IRC Section 509(a)(3) Type 1 supporting organization. All of CHIF's activities and income will benefit CHI. CHIF owns, through a single-member limited liability company, the building in which CHI will conduct its activities. In addition, CHIF will hold and manage investment assets for the sole benefit of CHI. CHIF's income will be used to make grants to CHI and to make payments for the benefit of CHI, all in support of CHI's charitable purpose.
Financial data
Revenue
Total revenue$376,318.00$1,295,134.00$177,327.00$857,927.00$531,090.00
Revenue from contributions (total)  $0.00$0.00$435.00
Investment income, current yr$375,403.00$1,144,285.00$53,643.00$752,966.00$412,555.00
Total revenue from grants, etc., current yr$0.00$0.00$0.00$0.00$435.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$915.00$150,849.00$123,684.00$104,961.00$118,100.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total)  $0.00$0.00$0.00
Gross receipts$4,285,443.00$16,227,023.00$6,220,724.00$2,062,077.00$25,416,289.00
Sources of contributions
Revenue from all other contributions    $435.00
Other types of revenue
Miscellaneous revenue (total)$915.00$8,132.00$225.00$29,217.00$4,395.00
Income from dividends, interest, and similar investments$122,260.00$213,625.00$380,916.00$443,057.00$414,036.00
Net rental income $142,717.00$123,459.00$75,744.00$113,705.00
Expense categories (totals)
Total functional expenses: sum of all$11,938,676.00$4,704,950.00$4,825,869.00$4,441,083.00$3,241,990.00
Total functional expenses: program service $9,864,985.00$2,620,888.00$3,287,043.00$2,234,630.00$1,100,000.00
Total functional expenses: management and general$1,925,156.00$1,998,797.00$1,538,826.00$2,206,453.00$2,141,990.00
Total functional expenses: fundraising$148,535.00$85,265.00$0.00$0.00$0.00
Fees for services
Legal fees (total)$256,598.00$107,295.00$9,425.00$23,026.00$21,832.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Investment management fees (total)$58,105.00$55,827.00$104,870.00 $130,661.00
Assets and liabilities
Total assets$6,994,747.00$21,187,213.00$25,195,403.00$30,743,605.00$33,723,585.00
Total assets, beginning of year$21,187,213.00$25,195,403.00$30,743,605.00$33,723,585.00$34,284,925.00
Total liabilities$60,256.00$166,822.00$192,219.00$209,346.00$476,475.00
Total liabilities, beginning of year$166,822.00$192,219.00$209,346.00$476,475.00$598,961.00
Unrestricted net assets, end of yr$6,934,491.00$19,132,391.00$23,115,184.00$28,646,259.00$31,359,110.00
Permanently restricted net assets, end of yr$0.00$1,888,000.00$1,888,000.00$1,888,000.00$1,888,000.00
Net assets$6,934,491.00$21,020,391.00$25,003,184.00$30,534,259.00$33,247,110.00
Net assets, beginning of year$21,020,391.00$25,003,184.00$30,534,259.00$33,247,110.00$33,685,964.00
Other liabilities$34,304.00$34,166.00$40,300.00$49,951.00$375,113.00
Other assets$61,709.00$52,048.00$0.00$48,503.00 
Investments: publicly traded securities$6,535,930.00$9,229,491.00$12,568,011.00$18,774,825.00$21,965,732.00
Cash: non-interest bearing$78,140.00$293,123.00$597,800.00$370,661.00$78,621.00
Cash: non-interest bearing, beginning of year$293,123.00$597,800.00$370,661.00$78,621.00$23,779.00
Other financial variables
Revenue less expenses-$11,562,358.00-$3,409,816.00-$4,648,542.00-$3,583,156.00-$2,710,900.00
Advertising (total)$108,222.00$256,735.00$247,769.00$199,710.00$364,657.00
Savings & temp cash investment$34,296.00$34,154.00$34,147.00$63,721.00$4,129.00
Accounts receivable, net$57,713.00$8,547.00$23,406.00$16,855.00$19,191.00
Prepaid expenses & deferred charges$0.00$272,230.00$199,312.00$94,456.00$79,034.00
Accounts payable & accrued expenses$25,952.00$127,068.00$132,864.00$159,395.00$101,362.00
Deferred revenue$0.00$5,588.00$19,055.00 $0.00
Total net assets or fund balances$6,934,491.00$21,020,391.00$25,003,184.00$30,534,259.00$33,247,110.00
Depreciation, depletion, amortization$443,744.00$408,237.00$370,375.00$418,526.00$327,115.00
Governance and accountability
Number of voting members33333
Number of independent voting members22222
Financial sheets auditedTrueTrueTrueTrueTrue
Audit on consolidated basisTrueTrueTrueTrueTrue
Relationships among key personnelTrueTrueTrueTrueTrue
Discontinued or disposed >25% of net assetsTrue    
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2017-01-012016-01-012015-01-012014-01-012013-01-01
Tax year end date2017-12-012016-12-012015-12-012014-12-012013-12-01
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Reason for form submission
Address changeTrue    
Date e-filing submitted2018-09-102017-11-302017-01-182016-02-172014-12-02
IRS schema version2017v2.22016v3.02015v2.12014v5.02013v3.0
Filing identifier201831589349300413201712899349302076201632719349300913201523209349312427201443049349301254
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