Civic Intelligence

Cha Foundation

990 • Fiscal year 2020 • EIN 54-1238039

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 10, 2021

Organization ProfileWWW.chesapeakeregional.com
736 Battlefield Blvd NorthChesapeake, VA 23320

(757) 312-8121

Siviq Scores

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

Liabilities / Assets

29th percentile

0.13x

Higher debt load relative to assets than 29% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

2.78x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

67th percentile

$661,653

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Asset Growth

43rd percentile

3.3%

Faster asset growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

99th percentile

1210%

Faster revenue growth than 99% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets29th percentile

Assets

Up

$191,125,516

Up $6,133,095 (+3.3%) from 2019

Net Assets

Up

$166,332,677

Up $6,138,832 (+3.8%) from 2019

Liabilities

Down

$24,792,839

Down $5,737 (-0.0%) from 2019

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin99th percentile

Revenue

Up

$8,904,200

Up $8,224,596 (+1210%) from 2019

Expenses

Down

$103,402

Down $120,139 (-54%) from 2019

Net Income

Up

$8,800,798

Up $8,344,735 (+1830%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$300M$200M$100M$0Assets 2011: $87,213,659Liabilities 2011: $20,604,665Net Assets 2011: $66,608,9942011Assets 2012: $87,642,917Liabilities 2012: $20,604,665Net Assets 2012: $67,038,2522012Assets 2013: $100,848,443Liabilities 2013: $20,604,841Net Assets 2013: $80,243,6022013Assets 2014: $110,107,040Liabilities 2014: $20,605,147Net Assets 2014: $89,501,8932014Assets 2015: $158,976,273Liabilities 2015: $34,605,172Net Assets 2015: $124,371,1012015Assets 2016: $159,402,354Liabilities 2016: $34,599,199Net Assets 2016: $124,803,1552016Assets 2017: $176,801,494Liabilities 2017: $34,667,906Net Assets 2017: $142,133,5882017Assets 2018: $176,641,950Liabilities 2018: $24,822,121Net Assets 2018: $151,819,8292018Assets 2019: $184,992,421Liabilities 2019: $24,798,576Net Assets 2019: $160,193,8452019Assets 2020: $191,125,516Liabilities 2020: $24,792,839Net Assets 2020: $166,332,6772020Assets 2021: $230,469,983Liabilities 2021: $24,901,357Net Assets 2021: $205,568,6262021Assets 2022: $208,960,905Liabilities 2022: $24,901,357Net Assets 2022: $184,059,5482022Assets 2023: $224,187,578Liabilities 2023: $19,901,357Net Assets 2023: $204,286,2212023Assets 2024: $234,398,915Liabilities 2024: $2,901,357Net Assets 2024: $231,497,5582024

Highlighted filing

2020

Assets$191,125,516
Liabilities$24,792,839
Net Assets$166,332,677
Open 2020 Filing

Operations Trend

Revenue Growth99th percentile

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

$40M$30M$20M$10M$0Revenue 2011: $11,990,588Expenses 2011: $6,194Net Income 2011: $11,984,3942011Revenue 2012: $5,908,631Expenses 2012: $2,550Net Income 2012: $5,906,0812012Revenue 2013: $5,122,114Expenses 2013: $2,576Net Income 2013: $5,119,5382013Revenue 2014: $3,325,106Expenses 2014: $2,706Net Income 2014: $3,322,4002014Revenue 2015: $7,152,509Expenses 2015: $2,425Net Income 2015: $7,150,0842015Revenue 2016: $6,732,716Expenses 2016: $2,535Net Income 2016: $6,730,1812016Revenue 2017: $5,391,683Expenses 2017: $2,425Net Income 2017: $5,389,2582017Revenue 2018: $7,495,265Expenses 2018: $186,052Net Income 2018: $7,309,2132018Revenue 2019: $679,604Expenses 2019: $223,541Net Income 2019: $456,0632019Revenue 2020: $8,904,200Expenses 2020: $103,402Net Income 2020: $8,800,7982020Revenue 2021: $22,511,007Expenses 2021: $269,224Net Income 2021: $22,241,7832021Revenue 2022: $30,880,079Expenses 2022: $399,581Net Income 2022: $30,480,4982022Revenue 2023: $5,361,512Expenses 2023: $234,253Net Income 2023: $5,127,2592023Revenue 2024: $8,216,699Expenses 2024: $250,364Net Income 2024: $7,966,3352024

Highlighted filing

2020

Revenue$8,904,200
Expenses$103,402
Net Income$8,800,798
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 10, 2021
Return Version
2019v5.1
Gross Receipts
$146,417,619
Mission and Program Overview

Mission

The foundation allocates operating surpluses, investment income, and other resources among chesapeake hospital authority and its tax-exempt subsidiaries for the purpose of supporting and expanding health care activities currently being carried out by these organizations.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$146,775,703$147,478,704▲ $703,001
Investments Other Securities$38,216,718$43,646,812▲ $5,430,094
Cash and Non-Interest-Bearing Accounts$0$0→ $0
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$184,992,421$191,125,516▲ $6,133,095
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$24,798,576$24,792,839▼ $5,737
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$24,798,576$24,792,839▼ $5,737
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$159,599,195$165,738,027▲ $6,138,832
Net Assets With Donor Restrictions$594,650$594,650→ $0
Total Net Assets Fund Balance$160,193,845$166,332,677▲ $6,138,832
Total Liabilities and Net Assets / Fund Balance$184,992,421$191,125,516▲ $6,133,095

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$4,259,248--
Compensation and Service Providers
Top Officer Pay67th percentile

Board Members and Trustees

NameTitle
Kimberly BrownChair
Reese JacksonPresident & CEO
Robert TullVice Chair
Steve McdonnellCFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$8,898,463
Other Revenue
$5,737
Change in Net Assets
$8,800,798
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$103,402
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees$0$101,002$0$101,002
Fees for Services Management$0$2,400$0$2,400
Total Functional Expenses$0$103,402$0$103,402
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Entites$24,792,839
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 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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION B, LINE 11B:

“Completed 990's are saved to a portal for board members to review before being filed with the irs.”

FORM 990, PART VI, SECTION B, LINE 12C:

“All officers and directors are required to annually sign a conflict of interest disclosure statement.”

FORM 990, PART VI, SECTION B, LINE 15A & B:

“The compensation committee of the chesapeake hospital authority, as well as the human resources department of chesapeake regional medical center, reviews all compensation of officers and directors.”

FORM 990, PART VI, SECTION C, LINE 19:

“The governing documents, conflict of interest policy and financial statements are available upon request to the administration of chesapeake regional medical center.”

Filing and Contact Details

Filer

Filer Name
CHA Foundation
EIN
54-1238039
In Care Of
% STEPHEN MCDONNELL
Phone
7573128121
Address
736 Battlefield Blvd North, Chesapeake, VA 23320

Signing Officer

Name
Reese Jackson
Title
CEO/President
Phone
7573128121
Signed
2021-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Reese Jackson
Formed
1976
Legal Domicile
Va
Voting Board Members
2
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Marc Berger
Phone
7038930600
Supplemental Narrative

Additional Explanations

FORM 990, PART I, LINE 1:

“The Foundation allocates operating surpluses, investment income, and other resources among Chesapeake Hospital Authority and its tax-exempt subsidiaries for the purpose of supporting and expanding health care.”

FORM 990, PART XI, LINE 9:

“other changes in net position $2,400”

Financial Statement Notes

PART X, LINE 2:

“The Authority and the Foundation are exempt from federal income taxes under Sections 115 and 501(c)(3) of the Internal Revenue Code, respectively. Accordingly, with the exception of the Authoritys taxable subsidiaries, no provision for income taxes has been made in the accompanying financial statements. The Authority recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. At June 30, 2020 and 2019, the Authority has no income tax positions that are not considered more likely than not of being sustained.”

Raw XML AppendixShowing 400 of 577 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MissionDesc0THE FOUNDATION ALLOCATES OPERATING SURPLUSES, INVESTMENT INCOME, AND OTHER RESOURCES AMONG CHESAPEAKE HOSPITAL AUTHORITY AND ITS TAX-EXEMPT SUBSIDIARIES FOR THE PURPOSE OF SUPPORTING AND EXPANDING HEALTH CARE ACTIVITIES CURRENTLY BEING CARRIED OUT BY THESE ORGANIZATIONS.
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0REESE JACKSON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0663819
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0223541
IRS990/PYOtherRevenueAmt015785
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0456063
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0223541
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0679604
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08800798
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0237133975
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd03
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0CHESAPEAKE HOSPITAL AUTHORITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt024792839
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED ENTITES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt013998000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt12850975
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt25901682
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt33083363
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt44677349
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt55382841
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt63493354
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt74259248
IRS990ScheduleD/OtherSecuritiesGrp/Desc0STRUCTURED NOTES
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ACADIAN DIVERSIFIED EQTY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc2BLUE ARC GLOBAL MACRO FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc3DESHAW WORLD ALPHA FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc4RENAISSANCE INST. EQTY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc5RENAISSANCE INST. DIVERSIFIED
IRS990ScheduleD/OtherSecuritiesGrp/Desc6TWO SIGMA US ALL CAP EQTY FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc7BLUE ARC MIL ABSOLUTE RT FUND
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd3F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd4F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd5F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd6F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd7F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Authority and the Foundation are exempt from federal income taxes under Sections 115 and 501(c)(3) of the Internal Revenue Code, respectively. Accordingly, with the exception of the Authoritys taxable subsidiaries, no provision for income taxes has been made in the accompanying financial statements. The Authority recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. Recognized income tax positions are measured at the largest amount that is greater than 50% likely of being realized. Changes in recognition or measurement are reflected in the period in which the change in judgment occurs. At June 30, 2020 and 2019, the Authority has no income tax positions that are not considered more likely than not of being sustained.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueSecuritiesAmt043646812
IRS990ScheduleD/TotalLiabilityAmt024792839
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0661653
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1401609
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0REESE JACKSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1STEVE MCDONNELL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0661653
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1401609
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Foundation allocates operating surpluses, investment income, and other resources among Chesapeake Hospital Authority and its tax-exempt subsidiaries for the purpose of supporting and expanding health care.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPLETED 990'S ARE SAVED TO A PORTAL FOR BOARD MEMBERS TO REVIEW BEFORE BEING FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE COMPENSATION COMMITTEE OF THE CHESAPEAKE HOSPITAL AUTHORITY, AS WELL AS THE HUMAN RESOURCES DEPARTMENT OF CHESAPEAKE REGIONAL MEDICAL CENTER, REVIEWS ALL COMPENSATION OF OFFICERS AND DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE ADMINISTRATION OF CHESAPEAKE REGIONAL MEDICAL CENTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5other changes in net position $2,400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C:

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$191,125,516
Liabilities
$24,792,839
Net assets
$166,332,677
Revenue
$8,904,200
Expenses
$103,402
Net income
$8,800,798
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$234$2.90$231$8.22$0.25$7.97
2023Detailed filing. Detailed filing data is available for this year.$224$19.9$204$5.36$0.23$5.13
2022Detailed filing. Detailed filing data is available for this year.$209$24.9$184$30.9$0.40$30.5
2021Detailed filing. Detailed filing data is available for this year.$230$24.9$206$22.5$0.27$22.2
2020Detailed filing. Detailed filing data is available for this year.$191$24.8$166$8.90$0.10$8.80
2019Detailed filing. Detailed filing data is available for this year.$185$24.8$160$0.68$0.22$0.46
2018Detailed filing. Detailed filing data is available for this year.$177$24.8$152$7.50$0.19$7.31
2017Summary only. Only limited summary data is available for this year.$177$34.7$142$5.39$0.00$5.39
2016Summary only. Only limited summary data is available for this year.$159$34.6$125$6.73$0.00$6.73
2015Summary only. Only limited summary data is available for this year.$159$34.6$124$7.15$0.00$7.15
2014Summary only. Only limited summary data is available for this year.$110$20.6$89.5$3.33$0.00$3.32
2013Summary only. Only limited summary data is available for this year.$101$20.6$80.2$5.12$0.00$5.12
2012Summary only. Only limited summary data is available for this year.$87.6$20.6$67.0$5.91$0.00$5.91
2011Summary only. Only limited summary data is available for this year.$87.2$20.6$66.6$12.0$0.01$12.0