Civic Intelligence

Morristown-Hamblen Hospital Foundation

EIN 62-1697090 • 501(c)3 • Knoxville, TN

Profile

The purpose of the Morristown-Hamblen Hospital Foundation is to support the Morristown-Hamblen Hospital Association in promoting and advancing the well-being of the community by providing quality healthcare and health-related services. The Foundation provides philanthropic support to the Morristown-Hamblen Hospital Association through the generosity of individuals, corporations, and foundations in the community and supports the hospital's mission to serve the community by improving the quality of life through better health.

1420 Centerpoint Blvd Bldg CKnoxville, TN 37932-1960

www.morristownhamblen.com/giving

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

31st percentile

0.01x

Higher debt load relative to assets than 31% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

44th percentile

0.05x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

86th percentile

40%

Higher net margin than 86% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

73rd percentile

14%

Faster asset growth than 73% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

71st percentile

25%

Faster revenue growth than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,993,722

Up $250,144 (+14%) from 2023

Liabilities

Up

$15,133

Up $7,177 (+90%) from 2023

Net Assets

Up

$1,978,589

Up $242,967 (+14%) from 2023

Revenue

Up

$300,197

Up $60,297 (+25%) from 2023

Expenses

Down

$179,362

Down $430,142 (-71%) from 2023

Net Income

Up

$120,835

Up $490,439 (+133%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $1,458,790Liabilities 2010: $163,514Net Assets 2010: $1,295,2762010Assets 2011: $1,763,514Liabilities 2011: $124,716Net Assets 2011: $1,638,7982011Assets 2012: $1,971,304Liabilities 2012: $101,470Net Assets 2012: $1,869,8342012Assets 2013: $1,589,030Liabilities 2013: $74,398Net Assets 2013: $1,514,6322013Assets 2014: $1,327,058Liabilities 2014: $44,936Net Assets 2014: $1,282,1222014Assets 2015: $1,333,279Liabilities 2015: $17,580Net Assets 2015: $1,315,6992015Assets 2016: $1,388,898Liabilities 2016: $44,948Net Assets 2016: $1,343,9502016Assets 2017: $1,420,368Liabilities 2017: $7,060Net Assets 2017: $1,413,3082017Assets 2018: $1,185,668Liabilities 2018: $8,599Net Assets 2018: $1,177,0692018Assets 2019: $1,449,799Liabilities 2019: $11,052Net Assets 2019: $1,438,7472019Assets 2020: $1,504,401Liabilities 2020: $5,146Net Assets 2020: $1,499,2552020Assets 2021: $1,983,870Liabilities 2021: $54,337Net Assets 2021: $1,929,5332021Assets 2022: $1,966,561Liabilities 2022: $3,585Net Assets 2022: $1,962,9762022Assets 2023: $1,743,578Liabilities 2023: $7,956Net Assets 2023: $1,735,6222023Assets 2024: $1,993,722Liabilities 2024: $15,133Net Assets 2024: $1,978,5892024

Highlighted filing

2024

Assets$1,993,722
Liabilities$15,133
Net Assets$1,978,589

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $171,104Expenses 2010: $60,646Net Income 2010: $110,4582010Revenue 2011: $471,872Expenses 2011: $128,350Net Income 2011: $343,5222011Expenses 2012: $76,3792012Revenue 2013: $212,622Expenses 2013: $563,668Net Income 2013: -$351,0462013Revenue 2014: $250,048Expenses 2014: $433,265Net Income 2014: -$183,2172014Revenue 2015: $201,772Expenses 2015: $148,384Net Income 2015: $53,3882015Revenue 2016: $151,371Expenses 2016: $146,993Net Income 2016: $4,3782016Revenue 2017: $197,760Expenses 2017: $175,714Net Income 2017: $22,0462017Revenue 2018: $196,604Expenses 2018: $353,233Net Income 2018: -$156,6292018Revenue 2019: $237,333Expenses 2019: $120,674Net Income 2019: $116,6592019Revenue 2020: $170,617Expenses 2020: $183,953Net Income 2020: -$13,3362020Revenue 2021: $501,006Expenses 2021: $128,288Net Income 2021: $372,7182021Revenue 2022: $330,274Expenses 2022: $118,812Net Income 2022: $211,4622022Revenue 2023: $239,900Expenses 2023: $609,504Net Income 2023: -$369,6042023Revenue 2024: $300,197Expenses 2024: $179,362Net Income 2024: $120,8352024

Highlighted filing

2024

Revenue$300,197
Expenses$179,362
Net Income$120,835

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.99$0.02$1.98$0.30$0.18$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.74$0.01$1.74$0.24$0.61$0.37
2022Detailed filing. Detailed filing data is available for this year.$1.97$0.00$1.96$0.33$0.12$0.21
2021Detailed filing. Detailed filing data is available for this year.$1.98$0.05$1.93$0.50$0.13$0.37
2020Detailed filing. Detailed filing data is available for this year.$1.50$0.01$1.50$0.17$0.18$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.45$0.01$1.44$0.24$0.12$0.12
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.18$0.20$0.35$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.42$0.01$1.41$0.20$0.18$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.39$0.04$1.34$0.15$0.15$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.33$0.02$1.32$0.20$0.15$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.33$0.04$1.28$0.25$0.43$0.18
2013Detailed filing. Detailed filing data is available for this year.$1.59$0.07$1.51$0.21$0.56$0.35
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.97$0.10$1.87$0.08
2011Summary only. Only limited summary data is available for this year.$1.76$0.12$1.64$0.47$0.13$0.34
2010Summary only. Only limited summary data is available for this year.$1.46$0.16$1.30$0.17$0.06$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.2
Gross Receipts
$397,690
Mission and Program Overview

Mission

The purpose of the Morristown-Hamblen Hospital Foundation is to support the Morristown-Hamblen Hospital Association in promoting and advancing the well-being of the community by providing quality healthcare and health-related services. See Schedule O.The Foundation provides philanthropic support to the Morristown-Hamblen Hospital Association through the generosity of individuals, corporations, and foundations in the community and supports the hospital's mission "to serve the community by improving the quality of life through better health."

To support the programs and services offered by Morristown-Hamblen Hospital Association.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,603,091$1,777,675▲ $174,584
Savings and Temporary Cash Investments$100,376$152,713▲ $52,337
Pledges and Grants Receivable$37,500$60,000▲ $22,500
Prepaid Expenses and Deferred Charges$2,611$3,334▲ $723
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,743,578$1,993,722▲ $250,144
Liabilities
Other Liabilities$5,506$12,133▲ $6,627
Deferred Revenue-$3,000-
Accounts Payable and Accrued Expenses$2,450$0▼ $2,450
Total Liabilities$7,956$15,133▲ $7,177
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,098,696$1,239,962▲ $141,266
Net Assets With Donor Restrictions$636,926$738,627▲ $101,701
Total Net Assets Fund Balance$1,735,622$1,978,589▲ $242,967
Total Liabilities and Net Assets / Fund Balance$1,743,578$1,993,722▲ $250,144

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$16,011$16,011

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$636,927$176,468▲ $580$21,748$738,627
2023$1,026,470$102,951-$7,258$636,927
2022$905,379$159,107-$6,660$1,026,470
2021$537,456$412,295-$3,354$905,379
2020$508,183$45,064-$2,058$537,456
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mike FishmanDirector/Chair
Gordon E LintzPresident/CAO - Morristown
Greg SteisslingerDirector/Vice-Chair
Amy HemmingerDirector
David HeltonDirector
Harold NicholsDirector
Joe SpooneDirector
Justin CookDirector
Laura DickersonDirector
Noel MontepequeDirector
Susanne DeNeauDirector
Suzanne MickeyDirector
Wendy NoeDirector
Kay SenterDirector/Secretary
Patrick J Birmingham IVFmr VP Philanthr. (through Feb 2024)
William R Bryant JrVP and Chief Philanthrophy Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$339,935
Program Service Revenue
$0
Investment Income
$51,427
Other Revenue
$-91,165
All Other Contributions
$166,048
Change in Net Assets
$120,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$91,188
Grants and Similar Amounts Paid$88,174
Total Fundraising Expense$78,008
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$9,734$69,548$79,282
Grants to Domestic Orgs$48,291--$48,291
Grants to Domestic Individuals$39,883--$39,883
Office Expenses--$2,368$2,368
Travel-$190$1,706$1,896
Advertising--$1,112$1,112
Conferences and Meetings-$509$10$519
Other Expenses-$781$208$208
Total Functional Expenses$88,174$13,180$78,008$179,362
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Morristown-Hamblen Hospital AssociationKnoxville, TN501(c)3Support of Hospital$48,291
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$97,493
Fundraising Gross Income$6,328
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Jingle Run$44,209$1,198$18,649$-17,451
Gala$73,591$480$24,124$-23,644
Total Events$180,215$6,328$97,493$-91,165
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 Affiliates, Net$10,357
Other Liabilities$1,776
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 A, line 6

Morristown-Hamblen Hospital Foundation has one member, Morristown-Hamblen Hospital Association, a Tennessee nonprofit corporation.

Form 990, Part VI, Section A, line 7A

Per provisions in Article III, Section 3.5 of the Foundation's Amended and Restated Bylaws, Morristown-Hamblen Hospital Association, the Member of the Morristown-Hamblen Hospital Foundation, shall nominate and elect members of the board, fill vacancies on the Board as often as vacancies occur, whether such vacancies are due to expansion, resignation, expiration of term, death or for any other reason, and designate the term of service of each elected member of the board.

Form 990, Part VI, Section B, line 11B

A draft Form 990 was presented to and approved by the board of directors. Management reviews and approves the final version of Form 990 prior to filing.

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

Board members, officers and employees are required to adhere to rules and policies regarding conflicts of interest. The conflict of interest policy is presented before the full board of directors for review on an annual basis. It is part of the orientation process for new Morristown-Hamblen Hospital Foundation board members.

Form 990, Part VI, Section B, line 15

Gordon E. Lintz, President & CAO of Morristown-Hamblen Hospital Association, is compensated by Covenant Health for services rendered to Morristown-Hamblen Hospital Association. William R. Bryant Jr., VP of Philanthropy, is also compensated by Covenant Health and serves the System and supporting foundations. Covenant Health is the parent company of Morristown-Hamblen Hospital Association, the supported organization of Morristown-Hamblen Hospital Foundation, and is an unrelated organization with respect to Morristown-Hamblen Hospital Foundation. Overall compensation policies for Morristown-Hamblen Hospital Association, Covenant Health (Parent Company), and affiliates are set by the Covenant Health Chief Executive Officer (CEO) in consultation with appropriate Executive Vice Presidents and the Senior Vice President-Human Resources, after review by and discussion with the executive compensation consultant ("the Consultant") to ensure that total compensation for each executive is reasonable and within a fair market value range.

Form 990, Part VI, Section C, line 19

Morristown-Hamblen Hospital Foundation makes its governing documents and financial statements available to the public upon request. The organization's conflict of interest policy is not made publicly available.

Filing and Contact Details

Filer

Filer Name
Morristown-Hamblen Hospital Foundation
EIN
62-1697090
Phone
8653745329
Address
1420 Centerpoint Blvd Bldg C, Knoxville, TN 37932-1960

Signing Officer

Name
Gordon E Lintz
Title
President/CAO
Phone
8653745329
Signed
2025-11-03

Organization Details

Principal Officer
Mike Fishman
Formed
1997
Legal Domicile
Tn
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
82
Supplemental Narrative

Financial Statement Notes

Part V, Line 4:

Endowments consist of temporarily or permanently restricted funds established by donor-restricted gifts for one of the following: Cancer Patient Fund, Education Fund, Employee and Patient Emergency Assistance Funds, Capital/Equipment Fund, Larry Richard Purkey Emergency Services Excellence Endowment and Fund, or Cancer Care Excellence Endowment.

Part X, Line 2:

Excerpt from the consolidated audited financial statements of Covenant Health (Covenant), parent company to Morristown-Hamblen Hospital Association, the supported organization of Morristown-Hamblen Hospital Foundation: Covenant and certain of its subsidiaries or controlled entities are exempt from income taxes pursuant to Section 501(c)(3) of the Internal Revenue Code. Accordingly, no provision for income taxes on qualifying activities has been made for these entities in the accompanying consolidated financial statements. However, certain entities and operations are subject to income taxes. Covenant had no unrecognized tax benefits at December 31, 2024 and 2023. As such, no interest or penalties were recognized in the consolidated financial statements related to unrecognized tax benefits. At December 31, 2024 and 2023, tax returns for 2021 through 2024 are subject to examination by the Internal Revenue Service. Covenant has no uncertain tax positions that would require financial statement recognition or disclosure under GAAP at December 31, 2024 and 2023.

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IRS990/Form990PartVIISectionAGrp/PersonNm11Wendy Noe
IRS990/Form990PartVIISectionAGrp/PersonNm12Joe Spoone
IRS990/Form990PartVIISectionAGrp/PersonNm13Gordon E Lintz
IRS990/Form990PartVIISectionAGrp/PersonNm14William R Bryant Jr
IRS990/Form990PartVIISectionAGrp/PersonNm15Patrick J Birmingham IV
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director/Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director/Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director/Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13President/CAO - Morristown
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP and Chief Philanthrophy Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt15Fmr VP Philanthr. (through Feb 2024)
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IRS990/MissionDesc0The purpose of the Morristown-Hamblen Hospital Foundation is to support the Morristown-Hamblen Hospital Association in promoting and advancing the well-being of the community by providing quality healthcare and health-related services. The Foundation provides philanthropic support to the Morristown-Hamblen Hospital Association through the generosity of individuals, corporations, and foundations in the community and supports the hospital's mission to serve the community by improving the quality of life through better health.
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IRS990/NetUnrelatedBusTxblIncmAmt00
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IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01239962
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IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
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IRS990/OtherExpensesGrp/Desc0Meals
IRS990/OtherExpensesGrp/Desc1Bank Fees
IRS990/OtherExpensesGrp/Desc2Dues and Licenses
IRS990/OtherExpensesGrp/Desc3Purchased Services
IRS990/OtherExpensesGrp/FundraisingAmt03056
IRS990/OtherExpensesGrp/FundraisingAmt1208
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01966
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1781
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IRS990/OtherExpensesGrp/TotalAmt11966
IRS990/OtherExpensesGrp/TotalAmt2781
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IRS990/PrincipalOfficerNm0Mike Fishman
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IRS990/ProgSrvcAccomActy2Grp/Desc0Patient/Employee Emergency Assistance:Morristown-Hamblen Hospital Foundation's employee emergency assistance fund provided crisis support to 23 employees and 6 patients of Morristown-Hamblen Healthcare System who were facing unexpected financial crises due to fires, car accidents, illnesses, deaths, etc. In 2024, assistance was provided for housing, transportation, funerals, utilities, medical needs and Hurricane Helene damage-related recovery and repairs.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt023651
IRS990/ProgSrvcAccomActy2Grp/GrantAmt023651
IRS990/ProgSrvcAccomActy3Grp/Desc0Labor and Delivery:The Foundation distributed just over $20,000 to the Morristown-Hamblen Healthcare System labor and delivery department to fund the purchase of a panda warmer. This specialized newborn warming system provides a safe, temperature-regulated space for nursing staff to assess and evaluate the baby immediately after birth. If the baby suffers a complication, the equipment also includes an all-in-one system that has the features necessary to perform a resuscitation, including airway management, gentle ventilation and pulse oximetry. Additionally, the Panda Warmer can record the baby's weight, has adjustable lights for optimal lighting and uses a hands-free alarm control to help maintain a quiet environment. It is fully mobile and helps the team stabilize and transport the infant, whether from the operating room, emergency department or patient room, to the nursery without an interruption in care.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Foundation oversight is provided by Morristown-Hamblen Hospital Association, the supported organization. From a structural perspective, Foundation board nominees require approval by the hospital board. From an operational perspective, the Hospital CAO meets with the Foundation every month, and he (or his designee) attends all Foundation board meetings. In addition, the Chairman of the local hospital board also serves on the Foundation board. The Foundation takes its direction from the Hospital's CAO. The CAO utilizes the system budget process for planning for the use of charitable dollars in the year ahead. Once approved, as expenses are incurred by the Hospital, the Foundation reimburses the Hospital for the particular need. If an appropriate Foundation (charitable gift) funding opportunity comes up outside of this process, the CAO approaches Covenant Health's Executive Leadership Team for approval. The Hospital then expends the dollars and is reimbursed from the Foundation. The Foundation does not decide how or where to allocate dollars outside of discussion with and approval by the Hospital's CAO (and Covenant Health leadership).
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Part IV, Section B, Line 1:
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0M-H Hospital Association
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IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0176468
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0738627
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt053600
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0580
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IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt02058
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00

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