Civic Intelligence

Salem Hospital Foundation

990 • Fiscal year 2014 • EIN 23-7002687

Oct 01, 2013 to Sep 30, 2014 • Filed on Jul 24, 2015

890 Oak Street97301

(503) 561-5576

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

15th percentile

0.03x

Higher debt load relative to revenue than 15% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

34th percentile

-0.8%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

90th percentile

$352,364

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

54th percentile

3.9%

Faster asset growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$8,511,813

Up $320,985 (+3.9%) from 2013

Net Assets

Up

$8,461,600

Up $311,675 (+3.8%) from 2013

Liabilities

Up

$50,213

Up $9,310 (+23%) from 2013

Revenue

$1,778,825

No earlier filing loaded for comparison.

Expenses

Down

$1,793,879

Down $328,557 (-15%) from 2013

Net Income

-$15,054

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $9,023,685Liabilities 2010: $82,801Net Assets 2010: $8,940,8842010Assets 2011: $7,964,385Liabilities 2011: $51,455Net Assets 2011: $7,912,9302011Assets 2012: $9,036,981Liabilities 2012: $551,185Net Assets 2012: $8,485,7962012Assets 2013: $8,190,828Liabilities 2013: $40,903Net Assets 2013: $8,149,9252013Assets 2014: $8,511,813Liabilities 2014: $50,213Net Assets 2014: $8,461,6002014Assets 2015: $8,085,549Liabilities 2015: $576,340Net Assets 2015: $7,509,2092015Assets 2017: $8,243,385Liabilities 2017: $116,163Net Assets 2017: $8,127,2222017Assets 2018: $8,890,823Liabilities 2018: $186,607Net Assets 2018: $8,704,2162018Assets 2019: $8,644,403Liabilities 2019: $202,743Net Assets 2019: $8,441,6602019Assets 2020: $10,268,673Liabilities 2020: $346,050Net Assets 2020: $9,922,6232020Assets 2021: $11,591,979Liabilities 2021: $417,196Net Assets 2021: $11,174,7832021Assets 2022: $10,900,708Liabilities 2022: $160,181Net Assets 2022: $10,740,5272022Assets 2023: $11,730,641Liabilities 2023: $290,538Net Assets 2023: $11,440,1032023Assets 2024: $9,507,271Liabilities 2024: $913,422Net Assets 2024: $8,593,8492024

Highlighted filing

2014

Assets$8,511,813
Liabilities$50,213
Net Assets$8,461,600

Operations Trend

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

$5.0M$0-$5.0MExpenses 2010: $1,822,5802010Expenses 2011: $1,918,1152011Expenses 2012: $1,671,0482012Expenses 2013: $2,122,4362013Revenue 2014: $1,778,825Expenses 2014: $1,793,879Net Income 2014: -$15,0542014Revenue 2015: $1,885,739Expenses 2015: $2,340,609Net Income 2015: -$454,8702015Revenue 2017: $2,025,477Expenses 2017: $1,675,508Net Income 2017: $349,9692017Revenue 2018: $1,948,333Expenses 2018: $1,192,905Net Income 2018: $755,4282018Revenue 2019: $1,152,899Expenses 2019: $1,467,135Net Income 2019: -$314,2362019Revenue 2020: $1,221,659Expenses 2020: $1,330,014Net Income 2020: -$108,3552020Revenue 2021: $867,892Expenses 2021: $1,096,519Net Income 2021: -$228,6272021Revenue 2022: $3,047,767Expenses 2022: $1,041,220Net Income 2022: $2,006,5472022Revenue 2023: $3,359,111Expenses 2023: $2,738,195Net Income 2023: $620,9162023Revenue 2024: $1,768,997Expenses 2024: $4,894,561Net Income 2024: -$3,125,5642024

Highlighted filing

2014

Revenue$1,778,825
Expenses$1,793,879
Net Income-$15,054
Jump To
Filing Snapshot
Filing Period
Oct 1, 2013 to Sep 30, 2014
Signed
Jul 24, 2015
Return Version
2013v4.0
Gross Receipts
$1,928,534
Mission and Program Overview

Mission

The salem hospital foundation is dedicated to raising, managing and distributing funds to help salem hospital achieve its mission of improving the health and well-being of the people and community it serves.

Dedicated to raising, managing and distributing funds to help salem hospital achieve its mission of improving the health and well-being of the people and community it serves.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$6,427,248$6,755,470▲ $328,222
Land, Buildings, and Equipment, Net$1,410,000$1,410,000→ $0
Savings and Temporary Cash Investments$306,798$300,202▼ $6,596
Investments Other Securities$46,782$40,015▼ $6,767
Total Assets$8,190,828$8,511,813▲ $320,985
Other Assets Total$0$6,126▲ $6,126
Liabilities
Other Liabilities$39,903$43,974▲ $4,071
Accounts Payable and Accrued Expenses$1,000$6,239▲ $5,239
Total Liabilities$40,903$50,213▲ $9,310
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,908,401$3,332,541▲ $424,140
Unrestricted Net Assets$2,975,856$2,862,391▼ $113,465
Permanently Rstr Net Assets$2,265,668$2,266,668▲ $1,000
Total Net Assets Fund Balance$8,149,925$8,461,600▲ $311,675
Total Liabilities and Net Assets / Fund Balance$8,190,828$8,511,813▲ $320,985

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,410,000--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2013$2,747,398$1,000▲ $78,662$114,228$2,712,832
2012$2,752,853$42,410▲ $281,433$329,298$2,747,398
2011$2,450,432$79,019▲ $324,539$101,137$2,752,853
2010$2,498,792$18,333▼ $33,888$32,805$2,450,432
2009$2,344,770$19,335▲ $167,208$32,521$2,498,792
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kathy GordonChair
Robert Ponec MdVice Chair
Alex CasebeerDirector
Barbara FurerDirector
Barbara HalseyDirector
Bud Pierce MdDirector
Carl VisintainerDirector
Eric FiskumDirector
Garth BrandawDirector
Jim GriggsDirector
Mari BaileyDirector
Michael DelkDirector
Raghu Kamineni MdDirector
Martin MorrisChief Develop Officer/VP C
Larry GoodreauSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,326,357
Program Service Revenue
$0
Investment Income
$401,835
Other Revenue
$50,633
All Other Contributions
$1,321,207
Change in Net Assets
$-15,054

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
Securities Publicly Traded3$59,082Average Market Value
Total Noncash Contributions3$59,082-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,778,825
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$664,118
Total Revenue per Audited Statements
$2,442,943
Total Revenue per Form 990
$1,778,825
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$989,064
Other Expenses$778,706
Total Fundraising Expense$29,109
Professional Fundraising Fees$26,109
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$676,389--$676,389
Grants to Domestic Individuals$312,675--$312,675
Fees for Services Professional Fundraising--$26,109$26,109
Fees for Services Accounting-$19,072-$19,072
Fees for Services Legal-$6,039-$6,039
Office Expenses-$4,334-$4,334
Advertising--$3,000$3,000
Other Expenses-$2,957-$2,957
All Other Expenses-$2,012-$2,012
Fees for Services Other-$1,342-$1,342
Conferences and Meetings-$1,186-$1,186
Total Functional Expenses$989,064$775,706$29,109$1,793,879

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,816,266
Expenses per Audited Statements$1,793,879
Total Expenses per Form 990$1,793,879
Expenses Not Reported on Form 990$22,387
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
93-0579722-503(c)(3)To Pay for General Expenses and Capital Expenditures.$676,389
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$73,020
Professional Fundraising Fees$26,109
Fundraising Direct Expenses$22,387

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Event 1$78,170$73,020$22,387$50,633
Total Events$78,170$73,020$22,387$50,633
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Salem Hospital$43,974
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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, Part VI, Section B, Line 11

The organization's governing executive committee reviews the irs form 990 before filing.

Form 990, Part VI, Section B, Line 12C

On an annual basis the secretary shall send to each person who is a trustee, officer, or member of a committee a copy of the policy regarding conflicts of interest, together with a questionnaire inquiring as to conflicts, to be completed and returned to the secretary by the trustee, officer or committee member prior to the beginning of each calendar year.

Form 990, Part VI, Section B, Line 15

Compensation of the v.p. & chief development officer is determined by the ceo of salem health, in conjunction with other salary survey or public information and independent consultants to ensure the compensation is competitive in the market for similar positions at comparable organizations.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

EIN
23-7002687
Phone
5035615576

Signing Officer

Name
James Parr
Title
Chief Financial Officer
Phone
5035615527
Signed
2015-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Parr
Formed
1968
Legal Domicile
Or
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
14

Preparer

Preparer
Joylyn M Ankeney CPA
Phone
5036204489
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

Salem hospital foundation holds endowment funds for the benefit of salem hospital and for use towards the foundation's mission.

PART X, LINE 2:

The internal revenue service has recognized the foundation as exempt from tax under the provisions of section 501(c)(3) of the internal revenue code except to the extent of unrelated business income under sections 511 through 515. Management believes that unrelated business income tax, if any, is immaterial,and therefore, no tax provision has been made in accordance with fasb asc 740-10, accounting for uncertainty in income taxes - an interpretation of fasb statement 109.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses netted with revenue 22,387. Assets released from restriction included in revenue 315,002.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Special event expenses netted with revenue 22,387.

Raw XML AppendixShowing 400 of 708 raw XML fields

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IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0406166
IRS990/GrossReceiptsAmt01928534
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0122991
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0122991
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt046782
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt040015
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06427248
IRS990/InvestmentsPubTradedSecGrp/EOYAmt06755470
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01410000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01410000
IRS990/LandBldgEquipCostOrOtherBssAmt01410000
IRS990/LegalDomicileStateCd0OR
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0127322
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE SALEM HOSPITAL FOUNDATION IS DEDICATED TO RAISING, MANAGING AND DISTRIBUTING FUNDS TO HELP SALEM HOSPITAL ACHIEVE ITS MISSION OF IMPROVING THE HEALTH AND WELL-BEING OF THE PEOPLE AND COMMUNITY IT SERVES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt08149925
IRS990/NetAssetsOrFundBalancesEOYAmt08461600
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0278844
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0278844
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt050633
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt050633
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0326729
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04334
IRS990/OfficeExpensesGrp/TotalAmt04334
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt06126
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT SERVICES
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2SOFTWARE/DATA PROCESS
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0712017
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt120867
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25880
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt32957
IRS990/OtherExpensesGrp/TotalAmt0712017
IRS990/OtherExpensesGrp/TotalAmt120867
IRS990/OtherExpensesGrp/TotalAmt25880
IRS990/OtherExpensesGrp/TotalAmt32957
IRS990/OtherLiabilitiesGrp/BOYAmt039903
IRS990/OtherLiabilitiesGrp/EOYAmt043974
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt02265668
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt02266668
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES PARR
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0PROPOSALS TO FUND CAPITAL EQUIPMENT AND MEDICALLY-RELATED ACTIVITIES AT SALEM HOSPITAL ARE RECEIVED AND REVIEWED BY THE FOUNDATION'S CHIEF DEVELOPMENT OFFICER. PROPOSALS ARE FORWARDED TO THE FOUNDATION'S BOARD OF DIRECTORS FOR FURTHER REVIEW AND APPROVAL IF THEY ARE CONSIDERED TO BE CONSISTENT WITH THE FOUNDATION'S ARTICLES OF INCORPORATION, STATING THAT ITS FUNDS ARE TO BE USED FOR HEALTH CARE, CHARITABLE, AND SCIENTIFIC PURPOSES, AND FOR MEDICAL AND SCIENTIFIC EDUCATION AND RESEARCH FOR THE USE AND BENEFIT OF SALEM HOSPITAL.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0676389
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0676389
IRS990/ProgSrvcAccomActy3Grp/Desc0CERTAIN RESTRICTED FUNDS HAVE BEEN CREATED AND ARE USED FOR THE PURPOSE ASSISTING DIABETES AND CANCER PATIENTS WITH THE COSTS OF THEIR EDUCATIONAL, SUPPLY AND OTHER CARE-RELATED EXPENSES. IN ADDITION, FUNDS ARE DISTRIBUTED TO ASSIST LOW INCOME INDIVIDUALS MEDICAL REQUIREMENTS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0131077
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0131077
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0894250
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01317967
IRS990/PYInvestmentIncomeAmt0146436
IRS990/PYOtherExpensesAmt0783492
IRS990/PYOtherRevenueAmt048637
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-1033113
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02122436
IRS990/PYTotalProfFndrsngExpnsAmt020977
IRS990/PYTotalRevenueAmt01089323
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-15054
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0306798
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0300202
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01326357
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0885907
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0956318
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0809178
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01212534
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05190294
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0122991
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0130095
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0200330
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt061625
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt052561
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0567602
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.76110
IRS990ScheduleA/PublicSupportPY170Pct00.69700
IRS990ScheduleA/PublicSupportTotal170Amt04382613
IRS990ScheduleA/SubstantialContributorsTotAmt0807681
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01326357
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0885907
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0956318
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0809178
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01212534
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05190294
IRS990ScheduleA/TotalSupportAmt05757896
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt02747398
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt01000
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt02712832
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt078662
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0114228
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt02752853
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt042410
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt02747398
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0281433
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0329298
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt02450432
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt079019
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt02752853
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0324539
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0101137
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02498792
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt018333
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt02450432
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-33888
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt032805
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02344770
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt019335
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02498792
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0167208
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt032521
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt022387
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01793879
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01410000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt01410000
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0326729
IRS990ScheduleD/OtherExpensesIncludedAmt022387
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043974
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO SALEM HOSPITAL
IRS990ScheduleD/OtherRevenueAmt0337389
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.84000
IRS990ScheduleD/RevenueNotReportedAmt0664118
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01778825
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0SALEM HOSPITAL FOUNDATION HOLDS ENDOWMENT FUNDS FOR THE BENEFIT OF SALEM HOSPITAL AND FOR USE TOWARDS THE FOUNDATION'S MISSION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE INTERNAL REVENUE SERVICE HAS RECOGNIZED THE FOUNDATION AS EXEMPT FROM TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME UNDER SECTIONS 511 THROUGH 515. MANAGEMENT BELIEVES THAT UNRELATED BUSINESS INCOME TAX, IF ANY, IS IMMATERIAL,AND THEREFORE, NO TAX PROVISION HAS BEEN MADE IN ACCORDANCE WITH FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - AN INTERPRETATION OF FASB STATEMENT 109.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SPECIAL EVENT EXPENSES NETTED WITH REVENUE 22,387. ASSETS RELEASED FROM RESTRICTION INCLUDED IN REVENUE 315,002.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3SPECIAL EVENT EXPENSES NETTED WITH REVENUE 22,387.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.16000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01410000
IRS990ScheduleD/TotalExpensesPerForm990Amt01793879
IRS990ScheduleD/TotalLiabilityAmt043974
IRS990ScheduleD/TotalRevenuePerForm990Amt01778825
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02442943

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.51$0.91$8.59$1.77$4.89$3.13
2023Detailed filing. Detailed filing data is available for this year.$11.7$0.29$11.4$3.36$2.74$0.62
2022Detailed filing. Detailed filing data is available for this year.$10.9$0.16$10.7$3.05$1.04$2.01
2021Detailed filing. Detailed filing data is available for this year.$11.6$0.42$11.2$0.87$1.10$0.23
2020Detailed filing. Detailed filing data is available for this year.$10.3$0.35$9.92$1.22$1.33$0.11
2019Detailed filing. Detailed filing data is available for this year.$8.64$0.20$8.44$1.15$1.47$0.31
2018Detailed filing. Detailed filing data is available for this year.$8.89$0.19$8.70$1.95$1.19$0.76
2017Detailed filing. Detailed filing data is available for this year.$8.24$0.12$8.13$2.03$1.68$0.35
2015Detailed filing. Detailed filing data is available for this year.$8.09$0.58$7.51$1.89$2.34$0.45
2014Detailed filing. Detailed filing data is available for this year.$8.51$0.05$8.46$1.78$1.79$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.19$0.04$8.15$2.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.04$0.55$8.49$1.67
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.96$0.05$7.91$1.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.02$0.08$8.94$1.82