Civic Intelligence

Ecmc Foundation Inc.

990 • Fiscal year 2021 • EIN 22-3283946

Jan 01, 2021 to Dec 31, 2021 • Filed on May 09, 2022

462 Grider Street G-1Buffalo, NY 14215

(716) 898-5800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

70th percentile

0.62x

Higher debt load relative to assets than 70% of similar nonprofits.

2021 filings • NTEE E • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

2.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

2021 filings • NTEE E • $5M-$10M nonprofits • Source year 2021

Net Margin

70th percentile

21%

Higher net margin than 70% of similar nonprofits.

2021 filings • NTEE E • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

55th percentile

$237,000

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 9.3% of source-year revenue.

2021 filings • NTEE E • $5M-$10M nonprofits • Source year 2021

Asset Growth

18th percentile

-9.1%

Faster asset growth than 18% of similar nonprofits.

2021 filings • NTEE E • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

4th percentile

-43%

Faster revenue growth than 4% of similar nonprofits.

2021 filings • NTEE E • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Down

$9,451,111

Down $941,463 (-9.1%) from 2020

Net Assets

Up

$3,572,777

Up $619,411 (+21%) from 2020

Liabilities

Down

$5,878,334

Down $1,560,874 (-21%) from 2020

Revenue

Down

$2,559,428

Down $1,891,806 (-43%) from 2020

Expenses

Down

$2,027,401

Down $6,259,900 (-76%) from 2020

Net Income

Up

$532,027

Up $4,368,094 (+114%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2011: $2,194,986Liabilities 2011: $658,504Net Assets 2011: $1,536,4822011Assets 2012: $4,335,513Liabilities 2012: $1,062,911Net Assets 2012: $3,272,6022012Assets 2013: $4,256,054Liabilities 2013: $1,021,305Net Assets 2013: $3,234,7492013Assets 2014: $4,600,217Liabilities 2014: $1,027,629Net Assets 2014: $3,572,5882014Assets 2015: $5,211,971Liabilities 2015: $1,491,540Net Assets 2015: $3,720,4312015Assets 2016: $5,160,952Liabilities 2016: $1,109,072Net Assets 2016: $4,051,8802016Assets 2017: $10,200,293Liabilities 2017: $1,098,137Net Assets 2017: $9,102,1562017Assets 2018: $12,696,349Liabilities 2018: $2,194,044Net Assets 2018: $10,502,3052018Assets 2019: $13,441,438Liabilities 2019: $6,463,126Net Assets 2019: $6,978,3122019Assets 2020: $10,392,574Liabilities 2020: $7,439,208Net Assets 2020: $2,953,3662020Assets 2021: $9,451,111Liabilities 2021: $5,878,334Net Assets 2021: $3,572,7772021Assets 2022: $7,708,916Liabilities 2022: $3,649,234Net Assets 2022: $4,059,6822022Assets 2023: $7,577,834Liabilities 2023: $1,910,818Net Assets 2023: $5,667,0162023Assets 2024: $7,491,196Liabilities 2024: $1,462,650Net Assets 2024: $6,028,5462024

Highlighted filing

2021

Assets$9,451,111
Liabilities$5,878,334
Net Assets$3,572,777

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $766,437Expenses 2011: $1,171,758Net Income 2011: -$405,3212011Revenue 2012: $2,567,065Expenses 2012: $830,945Net Income 2012: $1,736,1202012Revenue 2013: $1,289,784Expenses 2013: $1,327,637Net Income 2013: -$37,8532013Revenue 2014: $1,783,292Expenses 2014: $1,445,453Net Income 2014: $337,8392014Revenue 2015: $1,478,796Expenses 2015: $1,330,953Net Income 2015: $147,8432015Revenue 2016: $2,255,392Expenses 2016: $1,935,987Net Income 2016: $319,4052016Revenue 2017: $7,181,998Expenses 2017: $2,174,721Net Income 2017: $5,007,2772017Revenue 2018: $4,907,540Expenses 2018: $3,390,338Net Income 2018: $1,517,2022018Revenue 2019: $5,063,551Expenses 2019: $8,780,933Net Income 2019: -$3,717,3822019Revenue 2020: $4,451,234Expenses 2020: $8,287,301Net Income 2020: -$3,836,0672020Revenue 2021: $2,559,428Expenses 2021: $2,027,401Net Income 2021: $532,0272021Revenue 2022: $2,318,925Expenses 2022: $1,630,955Net Income 2022: $687,9702022Revenue 2023: $3,390,096Expenses 2023: $1,867,076Net Income 2023: $1,523,0202023Revenue 2024: $2,157,239Expenses 2024: $1,841,704Net Income 2024: $315,5352024

Highlighted filing

2021

Revenue$2,559,428
Expenses$2,027,401
Net Income$532,027
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 9, 2022
Return Version
2021v4.0
Gross Receipts
$3,146,264
Mission and Program Overview

Mission

To assist the erie county medical center corporation in procuring the resources needed to be the medical center of choice through excellence in patient care and customer service.

While 2020 was a year that saw the healthcare landscape altered in a way that none of us could have ever predicted, 2021 saw institutions like ecmc across our state and nation adapt to the ongoing circumstances of the covid-19 pandemic, make adjustments to operations and, more than anything else, ensure that our frontline caregivers were supported in their continuing commitment to provide hope and healing to their patients. Last year, as the phases of the pandemic ebbed and flowed, ecmc, like every other healthcarevinstitution, provided the necessary care for the patients who fell ill from the virus, but simultaneously maintained core healthcare services to meet the needs of the residents of our region. In fact, in 2021 our regional center of excellence for transplantation and kidney care, led by dr. Liise kayler, set an annual record for our institution, performing 147 kidney transplants during the year. And despite having surgeries interrupted by the impact of the pandemic, total sur

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,587,015$4,024,978▼ $562,037
Pledges and Grants Receivable$4,767,783$3,737,651▼ $1,030,132
Cash and Non-Interest-Bearing Accounts$956,660$1,588,462▲ $631,802
Other Notes and Loans Receivable, Net$1,444$26,463▲ $25,019
Prepaid Expenses and Deferred Charges$13,375$10,703▼ $2,672
Land, Buildings, and Equipment, Net$5,913$2,464▼ $3,449
Total Assets$10,392,574$9,451,111▼ $941,463
Other Assets Total$60,384$60,390▲ $6
Liabilities
Other Liabilities$6,219,246$3,969,247▼ $2,249,999
Deferred Revenue$556,609$1,181,689▲ $625,080
Escrow Account Liability$635,974$656,814▲ $20,840
Accounts Payable and Accrued Expenses$27,379$70,584▲ $43,205
Total Liabilities$7,439,208$5,878,334▼ $1,560,874
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,392,352$1,869,808▼ $522,544
Net Assets With Donor Restrictions$561,014$1,702,969▲ $1,141,955
Total Net Assets Fund Balance$2,953,366$3,572,777▲ $619,411
Total Liabilities and Net Assets / Fund Balance$10,392,574$9,451,111▼ $941,463

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,464$938,961$941,425

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$60,384-▲ $6-$60,390
2020$60,213-▲ $171-$60,384
2019$59,109-▲ $1,104-$60,213
2018$58,233-▲ $876-$59,109
2017$57,926-▲ $307-$58,233
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Susan M GonzalezExecutive DiFT$200,064$36,936$237,000
Susan M GonzalezExecutive Director-$199,812$37,188$237,000
Garney Davis JrDirector--$126,338$126,338
Revenue and Support

Revenue Composition

Contributions and Grants
$2,336,626
Program Service Revenue
$120,565
Investment Income
$66,422
Other Revenue
$35,815
All Other Contributions
$1,750,660
Change in Net Assets
$532,027

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table3$256,559Book Value
Total Noncash Contributions3$256,559-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,559,428
Revenue Not Reported on Form 990
$731,970
Total Revenue per Audited Statements
$3,291,398
Total Revenue per Form 990
$2,559,428
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$858,265
Other Expenses$685,352
Salaries, Compensation, and Employee Benefits$483,784
Total Fundraising Expense$212,865
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$858,265--$858,265
Current Officers, Directors, Trustees, and Key Employees-$92,161$144,839$237,000
Other Salaries and Wages$114,280-$17,365$131,645
Pension Plan Contributions$33,544$27,053$47,612$108,209
Other Expenses$97,790$361,718-$97,790
Office Expenses-$51,182-$51,182
Insurance-$34,270-$34,270
Fees for Services Accounting-$9,000-$9,000
Payroll Taxes$2,148$1,733$3,049$6,930
Depreciation Depletion$3,449--$3,449
Conferences and Meetings-$2,412-$2,412
Fees for Services Other-$1,614-$1,614
Total Functional Expenses$1,233,393$581,143$212,865$2,027,401

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,671,987
Expenses per Audited Statements$2,027,401
Total Expenses per Form 990$2,027,401
Expenses Not Reported on Form 990$644,586
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Erie County Medical Center CorpBuffalo, NY115(1)To Aid Medical Cente$858,265
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$586,836
Fundraising Gross Income$586,836
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$321,911$279,637-$279,637
Springfest$187,564$130,559$40,572$89,987
Total Events$1,172,802$586,836$586,836-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable Related Party$3,969,247
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by an independent accounting firm. The executive committee and full board review the form 990 prior to submission to the irs.

Form 990, Page 6, Part VI, Line 12C

Each director, officer, and member of a committee with governing board-delegated powers is required to annually sign a statement which affirms that such person has received a copy of the conflict of interest policy, has read and understands it, agrees to comply with the policy, and understands that the foundation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Periodic reviews are undertaken to ensure that the foundation operates in a manner consistent with charitable purposes. An outside advisor may or may not be used to conduct these reviews.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation for the executive director includes an annual review with the board chairman and erie county medical center corporation's ceo, followed by discussion between board chairman and the board executive committee. During an executive session following the discussion, there is a motion and approval of increase, bonus, changes in contract terms, etc. These are then presented by the board chairman to the executive director and followed with a letter to the financial analyst/payroll for changes, and a copy to the personnel file. The executive director also receives a copy.

Form 990, Page 6, Part VI, Line 19

The organization's form 990 and governing documents are available upon request for the same period of time as set forth in internal revenue code section 6104(d).

Form 990, Part VII

Several board members are employees of erie county medical center corporation, a related organization. None of these individuals are paid for their service as a board member.

Filing and Contact Details

Filer

Filer Name
Ecmc Foundation Inc
EIN
22-3283946
Phone
7168985800
Address
462 GRIDER STREET G-1, BUFFALO, NY 14215

Signing Officer

Name
Susan M Gonzalez
Title
Executive Director
Phone
7168984478
Signed
2022-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan M Gonzalez
Formed
1993
Legal Domicile
Ny
Voting Board Members
31
Independent Board Members
23
Employees
2
Volunteers
100

Preparer

Firm
DANSA D'ARATA & SOUCIA CPAS LLP
Address
500 PEARL STREET SUITE 810, BUFFALO, NY 14202
Preparer
Eric Soucia CPA
Phone
7168423900
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

On behalf of the hospital ("ecmc"), the ecmc foundation raised, held, and administered funds that were invested into achieving the highest quality of healthcare and trauma care for patients, regardless of their race, gender, ethnicity, income, or insurance status. Such funds were utilized for free healthcare programs, wellness seminars, and community outreach programs in the city of buffalo and western new york. Ecmc foundation's mobile mammography coach is an example of a healthcare/educational/wellness program for women that has benefited from the financial resources that have been raised by ecmc foundation. The mobile screening program travels to off-site locations and offers free walk-on screenings for women, regardless of their insurance status, in addition to breast health education. Ecmc foundation's summer youth healthcare internship program is another example of how funds raised by ecmc foundation have contributed to improving health care education for young citizens. The internship allows high school students to explore careers in medical fields and the health sciences while receiving mentoring by healthcare professionals in a hospital setting. Each year the summer youth program has 120 youth participants. Ecmc foundation's funds have also contributed to advancements that have been made in hospital staff training programs and employee education seminars. Ecmc foundation periodically provides financial and adminstrative support for capital improvements at ecmc, including innovations in technology, medical equipment, and safety for hospital patients and employees. Ecmc foundation's ability to administer donor requests and/or hospital needs has helped ecmc become one of the leading public hospitals in the city of buffalo and western new york community.

Form 990, Part XI, Line 9

Fundraising expense netted against revenue 586,836 fundraising expenses netted against revenue -586,836

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 2B

Erie county medical center corporation ("ecmcc")is deemed to be a related party transaction by virtue of their shared mission and affiliation through governance and management activities. Amounts held in custody for others, a liability of the foundation, was 656,814 at december 31, 2021 (635,974 - 2020). Amounts held in custody for others consist of two general categories of monies held by the foundation in an agent capacity including special purpose funds and grants.

Schedule D, Page 2, Part V, Line 4

The earnings on the endownment fund are used for the support and benefit of cardiac care partners.

Schedule D, Page 3, Part X

The foundation is a not-for-profit entity as described in section 509(a) of the internal revenue code and is exempt from federal taxes under section 501(c)(3) of the code. Accordingly, no provisions for federal taxes are included in the financial statements. The foundation is not classified as a private foundation for tax purposes. The foundation believes that it has appropriate support for any tax purposes taken, and as such, does not have any uncertain tax positions that are material to the financial statements. Additionally, the foundation is no longer to federal or state tax examination by tax authorities, for all returns filed, for the years ending december 31, 2021 and prior.

Schedule D, Page 4, Part XI, Line 2D

Fundraising expense netted against revenue 586,836

Schedule D, Page 4, Part XII, Line 2D

Fundraising expenses netted against revenue 586,836

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IRS990/ActivityOrMissionDesc0WHILE 2020 WAS A YEAR THAT SAW THE HEALTHCARE LANDSCAPE ALTERED IN A WAY THAT NONE OF US COULD HAVE EVER PREDICTED, 2021 SAW INSTITUTIONS LIKE ECMC ACROSS OUR STATE AND NATION ADAPT TO THE ONGOING CIRCUMSTANCES OF THE COVID-19 PANDEMIC, MAKE ADJUSTMENTS TO OPERATIONS AND, MORE THAN ANYTHING ELSE, ENSURE THAT OUR FRONTLINE CAREGIVERS WERE SUPPORTED IN THEIR CONTINUING COMMITMENT TO PROVIDE HOPE AND HEALING TO THEIR PATIENTS. LAST YEAR, AS THE PHASES OF THE PANDEMIC EBBED AND FLOWED, ECMC, LIKE EVERY OTHER HEALTHCAREVINSTITUTION, PROVIDED THE NECESSARY CARE FOR THE PATIENTS WHO FELL ILL FROM THE VIRUS, BUT SIMULTANEOUSLY MAINTAINED CORE HEALTHCARE SERVICES TO MEET THE NEEDS OF THE RESIDENTS OF OUR REGION. IN FACT, IN 2021 OUR REGIONAL CENTER OF EXCELLENCE FOR TRANSPLANTATION AND KIDNEY CARE, LED BY DR. LIISE KAYLER, SET AN ANNUAL RECORD FOR OUR INSTITUTION, PERFORMING 147 KIDNEY TRANSPLANTS DURING THE YEAR. AND DESPITE HAVING SURGERIES INTERRUPTED BY THE IMPACT OF THE PANDEMIC, TOTAL SUR
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IRS990/Desc0ON BEHALF OF THE HOSPITAL ("ECMC"), THE ECMC FOUNDATION RAISED, HELD, AND ADMINISTERED FUNDS THAT WERE INVESTED INTO ACHIEVING THE HIGHEST QUALITY OF HEALTHCARE AND TRAUMA CARE FOR PATIENTS, REGARDLESS OF THEIR RACE, GENDER, ETHNICITY, INCOME, OR INSURANCE STATUS. SUCH FUNDS WERE UTILIZED FOR FREE HEALTHCARE PROGRAMS, WELLNESS SEMINARS, AND COMMUNITY OUTREACH PROGRAMS IN THE CITY OF BUFFALO AND WESTERN NEW YORK. ECMC FOUNDATION'S MOBILE MAMMOGRAPHY COACH IS AN EXAMPLE OF A HEALTHCARE/EDUCATIONAL/WELLNESS PROGRAM FOR WOMEN THAT HAS BENEFITED FROM THE FINANCIAL RESOURCES THAT HAVE BEEN RAISED BY ECMC FOUNDATION. THE MOBILE SCREENING PROGRAM TRAVELS TO OFF-SITE LOCATIONS AND OFFERS FREE WALK-ON SCREENINGS FOR WOMEN, REGARDLESS OF THEIR INSURANCE STATUS, IN ADDITION TO BREAST HEALTH EDUCATION. ECMC FOUNDATION'S SUMMER YOUTH HEALTHCARE INTERNSHIP PROGRAM IS ANOTHER EXAMPLE OF HOW FUNDS RAISED BY ECMC FOUNDATION HAVE CONTRIBUTED TO IMPROVING HEALTH CARE EDUCATION FOR YOUNG CITIZENS. THE INTERNSHIP ALLOWS HIGH SCHOOL STUDENTS TO EXPLORE CAREERS IN MEDICAL FIELDS AND THE HEALTH SCIENCES WHILE RECEIVING MENTORING BY HEALTHCARE PROFESSIONALS IN A HOSPITAL SETTING. EACH YEAR THE SUMMER YOUTH PROGRAM HAS 120 YOUTH PARTICIPANTS. ECMC FOUNDATION'S FUNDS HAVE ALSO CONTRIBUTED TO ADVANCEMENTS THAT HAVE BEEN MADE IN HOSPITAL STAFF TRAINING PROGRAMS AND EMPLOYEE EDUCATION SEMINARS. ECMC FOUNDATION PERIODICALLY PROVIDES FINANCIAL AND ADMINSTRATIVE SUPPORT FOR CAPITAL IMPROVEMENTS AT ECMC, INCLUDING INNOVATIONS IN TECHNOLOGY, MEDICAL EQUIPMENT, AND SAFETY FOR HOSPITAL PATIENTS AND EMPLOYEES. ECMC FOUNDATION'S ABILITY TO ADMINISTER DONOR REQUESTS AND/OR HOSPITAL NEEDS HAS HELPED ECMC BECOME ONE OF THE LEADING PUBLIC HOSPITALS IN THE CITY OF BUFFALO AND WESTERN NEW YORK COMMUNITY.
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.49$1.46$6.03$2.16$1.84$0.32
2023Detailed filing. Detailed filing data is available for this year.$7.58$1.91$5.67$3.39$1.87$1.52
2022Detailed filing. Detailed filing data is available for this year.$7.71$3.65$4.06$2.32$1.63$0.69
2021Detailed filing. Detailed filing data is available for this year.$9.45$5.88$3.57$2.56$2.03$0.53
2020Detailed filing. Detailed filing data is available for this year.$10.4$7.44$2.95$4.45$8.29$3.84
2019Detailed filing. Detailed filing data is available for this year.$13.4$6.46$6.98$5.06$8.78$3.72
2018Detailed filing. Detailed filing data is available for this year.$12.7$2.19$10.5$4.91$3.39$1.52
2017Detailed filing. Detailed filing data is available for this year.$10.2$1.10$9.10$7.18$2.17$5.01
2016Detailed filing. Detailed filing data is available for this year.$5.16$1.11$4.05$2.26$1.94$0.32
2015Summary only. Only limited summary data is available for this year.$5.21$1.49$3.72$1.48$1.33$0.15
2014Detailed filing. Detailed filing data is available for this year.$4.60$1.03$3.57$1.78$1.45$0.34
2013Detailed filing. Detailed filing data is available for this year.$4.26$1.02$3.23$1.29$1.33$0.04
2012Summary only. Only limited summary data is available for this year.$4.34$1.06$3.27$2.57$0.83$1.74
2011Summary only. Only limited summary data is available for this year.$2.19$0.66$1.54$0.77$1.17$0.41