Liabilities / Assets
28th percentile
Higher debt load relative to assets than 28% of similar nonprofits.
Tuality Healthcare Foundation
EIN 93-0751507 • 501(c)3 • Hillsboro, OR
Profile
The mission of the hillsboro medical center foundation is to support tuality healthcare by funding projects and programs that enrich the patient experience and wellness of our community. We direct these funds to medical and health education projects and programs we believe will advance our community's physical and mental quality of life.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.04x
Liabilities / Revenue
58th percentile
Higher debt load relative to revenue than 58% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 45.9% of source-year revenue.
Asset Growth
58th percentile
Faster asset growth than 58% of similar nonprofits.
Revenue Growth
23rd percentile
Faster revenue growth than 23% of similar nonprofits.
Balance Sheet
Assets
Up$10,891,085
Up $686,937 (+6.7%) from 2023
Liabilities
Down$456,215
Down $244,466 (-35%) from 2023
Net Assets
Up$10,434,870
Up $931,403 (+9.8%) from 2023
Revenue
Down$1,509,002
Down $112,523 (-6.9%) from 2023
Expenses
Down$1,357,167
Down $52,099 (-3.7%) from 2023
Net Income
Down$151,835
Down $60,424 (-28%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $10,891,085
- Liabilities
- $456,215
- Net assets
- $10,434,870
- Revenue
- $1,509,002
- Expenses
- $1,357,167
- Net income
- $151,835
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- May 9, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $1,743,163
Mission and Program Overview
Mission
The mission of the tuality healthcare foundation is to support tuality healthcare by funding projects and programs that enrich the patient experience and wellness of our community. We direct these funds to medical and health education projects and programs we believe will advance our community's physical and mental quality of life.
The mission of the hillsboro medical center foundation is to support tuality healthcare by funding projects and programs that enrich the patient experience and wellness of our community. We direct these funds to medical and health education projects and programs we believe will advance our community's physical and mental quality of life.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $9,298,481 | $10,277,914 | ▲ $979,433 |
| Savings and Temporary Cash Investments | $886,519 | $549,775 | ▼ $336,744 |
| Pledges and Grants Receivable | $10,000 | - | - |
| Total Assets | $10,204,148 | $10,891,085 | ▲ $686,937 |
| Other Assets Total | $9,148 | $63,396 | ▲ $54,248 |
| Liabilities | |||
| Other Liabilities | $698,689 | $453,965 | ▼ $244,724 |
| Accounts Payable and Accrued Expenses | $1,992 | $2,250 | ▲ $258 |
| Total Liabilities | $700,681 | $456,215 | ▼ $244,466 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $8,824,466 | $9,544,288 | ▲ $719,822 |
| Net Assets Without Donor Restrictions | $679,001 | $890,582 | ▲ $211,581 |
| Total Net Assets Fund Balance | $9,503,467 | $10,434,870 | ▲ $931,403 |
| Total Liabilities and Net Assets / Fund Balance | $10,204,148 | $10,891,085 | ▲ $686,937 |
Endowment Activity
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2023 | $8,824,467 | $1,395,275 | ▲ $887,246 | $1,562,700 | $9,544,288 |
| 2022 | $9,398,724 | $1,421,231 | ▲ $496,351 | $2,491,839 | $8,824,467 |
| 2021 | $10,012,235 | $1,780,519 | ▼ $781,131 | $1,612,900 | $9,398,724 |
| 2020 | $7,261,612 | $2,417,291 | ▲ $1,658,760 | $1,325,429 | $10,012,235 |
| 2019 | $7,757,195 | $1,644,119 | ▼ $190,664 | $1,949,038 | $7,261,612 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Devin Wiley | Chair |
| Fred Williams | Vice Chair |
| Chris Van Dyke | Director |
| Howard Sullivan | Director |
| J Kim Thiringer Od | Director |
| Judy Willey | Director |
| Laura Moore | Director |
| Mary Von | Director |
| Lori James-nielsen | Director/CEO |
| Don Jones | Secretary/tr |
| Scott Schwab | VP of Financ |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $1,483,997
- Program Service Revenue
- $0
- Investment Income
- $179,806
- Other Revenue
- $-154,801
- All Other Contributions
- $446,006
- Change in Net Assets
- $151,835
Noncash Contribution Practices
- Property subject to holding requirements
- No
- Reviewed unusual noncash gifts
- No
- Third parties used for noncash contributions
- Yes
Noncash Contributions
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Other Non Cash Contri Table | 462 | $384,844 | Fair Market Value |
| Total Noncash Contributions | 462 | $384,844 | - |
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $1,290,730 |
| Other Expenses | $66,437 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $1,290,730 | - | - | $1,290,730 |
| Other Expenses | $31,669 | $8,632 | - | $31,669 |
| Total Functional Expenses | $1,348,535 | $8,632 | $0 | $1,357,167 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Tuality Healthcare | Hillsboro, OR | 501c3 | Support | $1,290,730 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $234,161 |
| Fundraising Gross Income | $79,360 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Salud Auction | $1,117,351 | $79,360 | $234,161 | $-154,801 |
| Total Events | $1,117,351 | $79,360 | $234,161 | $-154,801 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Due to Affiliates | $453,965 |
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
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 6
“Tuality healthcare is the sole member designated as the "corporate member" of hillsboro medical center foundation.”
Form 990, Page 6, Part VI, Line 7A
“The tuality healthcare board of directors approves directors appointed to the hillsboro medical center foundation board.”
Form 990, Page 6, Part VI, Line 7B
“Upon request of the board and such other times as the corporate member may elect, the corporate member shall review the affairs of hillsboro medical center foundation and take such action as it deems appropriate in accordance with hillsboro medical center foundation's bylaws.”
Form 990, Page 6, Part VI, Line 11B
“A copy of the 990 is reviewed by tuality hospital's director of finance. Then it is presented to the hillsboro medical center foundation board of directors.”
Form 990, Page 6, Part VI, Line 12C
“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by making it part of the employee's annual review. Board members are also required to review the policy annually. All afore said parties are required to certify that they have read the conflict of interest policy, have disclosed any potential conflicts of interest, and agree to immediately notify the compliance officer if a conflict should arise. Corrective actions are to be taken immediately to address any conflicts of interest.”
Form 990, Page 6, Part VI, Line 15A
“An independent board of directors is responsible for determining the compensation of ceos, executive directors, officers, and key employees. Compensation is reviewed annually. Comparability data is taken into consideration in setting compensation.”
Form 990, Page 6, Part VI, Line 15B
“An independent board of directors is responsible for determining the compensation of ceos, executive directors, officers, and key employees. Compensation is reviewed annually. Comparability data is taken into consideration in setting compensation.”
Form 990, Page 6, Part VI, Line 19
“The organization's tax returns are made available for public inspection on the following website: guidestar.org. Governing documents are made available upon written request to the chief financial officer of tuality healthcare.”
Filing and Contact Details
Filer
- Filer Name
- Tuality Healthcare Foundation
- EIN
- 93-0751507
- Phone
- 5036811170
- Address
- 334 SE 8TH AVE, HILLSBORO, OR 97123
- Doing Business As
- Hillsboro Medical Center Foundation
Signing Officer
- Name
- Scott Schwab
- Title
- VP of Finance
- Phone
- 5036811170
- Signed
- 2025-05-09
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Lori James-nielsen
- Formed
- 1979
- Legal Domicile
- Or
- Voting Board Members
- 10
- Independent Board Members
- 10
- Employees
- 4
- Volunteers
- 52
Preparer
- Firm
- Fordham & Co Llp
- Address
- 233 SE SECOND AVENUE, HILLSBORO, OR 97123-4016
- Preparer
- Katerina B Eyre
- Phone
- 5036486651
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“The mission of the hillsboro medical center foundation is to support tuality healthcare by funding projects and programs that enrich the patient experience and wellness of our community. We direct these funds to medical and health education projects and programs we believe will advance our community's physical and mental quality of life.”
Form 990, Part XI, Line 9
“Temp. Restricted funds adjustment -9,500”
Form 990, Page 12, Part XII, Line 2C
“No changes. Hillsboro medical center foundation's board of directors and officers of the organization are responsible for overseeing the financial audit and choosing qualified auditors.”
Financial Statement Notes
Schedule D, Page 4, Part XIII
“Part v, line 4 the organization intends to manage the endowment funds for future assistance in pursuing its mission by supporting medical and health education projects and programs that we believe will advance our community's physical and mental quality of life.”
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| IRS990/MissionDesc | 0 | THE MISSION OF THE HILLSBORO MEDICAL CENTER FOUNDATION IS TO SUPPORT TUALITY HEALTHCARE BY FUNDING PROJECTS AND PROGRAMS THAT ENRICH THE PATIENT EXPERIENCE AND WELLNESS OF OUR COMMUNITY. WE DIRECT THESE FUNDS TO MEDICAL AND HEALTH EDUCATION PROJECTS AND PROGRAMS WE BELIEVE WILL ADVANCE OUR COMMUNITY'S PHYSICAL AND MENTAL QUALITY OF LIFE. |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO AFFILIATES |
| IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct | 0 | 0.30000 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | PART V, LINE 4 THE ORGANIZATION INTENDS TO MANAGE THE ENDOWMENT FUNDS FOR FUTURE ASSISTANCE IN PURSUING ITS MISSION BY SUPPORTING MEDICAL AND HEALTH EDUCATION PROJECTS AND PROGRAMS THAT WE BELIEVE WILL ADVANCE OUR COMMUNITY'S PHYSICAL AND MENTAL QUALITY OF LIFE. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 4, PART XIII |
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| IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt | 0 | SUPPORT |
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| IRS990ScheduleI/RecipientTable/RecipientEIN | 0 | 930430029 |
| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 335 SE EIGHTH AVENUE |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | HILLSBORO |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | OR |
| IRS990ScheduleI/RecipientTable/USAddress/ZIPCd | 0 | 97123 |
| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | INTERNAL RECORDS DOCUMENT THE SUPPORTED ORGANIZATION'S USE OF FUNDS. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
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| IRS990ScheduleM/OtherNonCashContriTableGrp/Desc | 0 | WINE, VACATIONS |
| IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt | 0 | FAIR MARKET VALUE |
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| IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt | 0 | HILLSBORO MEDICAL CENTER FOUNDATION UTILIZES THE SERVICES OF A THIRD PARTY AUCTIONEER WHO IS PAID A FLAT RATE FOR PROVIDING AUCTIONEER SERVICES. |
| IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE M, PAGE 1, PART I, LINE 32B |
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| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE MISSION OF THE HILLSBORO MEDICAL CENTER FOUNDATION IS TO SUPPORT TUALITY HEALTHCARE BY FUNDING PROJECTS AND PROGRAMS THAT ENRICH THE PATIENT EXPERIENCE AND WELLNESS OF OUR COMMUNITY. WE DIRECT THESE FUNDS TO MEDICAL AND HEALTH EDUCATION PROJECTS AND PROGRAMS WE BELIEVE WILL ADVANCE OUR COMMUNITY'S PHYSICAL AND MENTAL QUALITY OF LIFE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | TUALITY HEALTHCARE IS THE SOLE MEMBER DESIGNATED AS THE "CORPORATE MEMBER" OF HILLSBORO MEDICAL CENTER FOUNDATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE TUALITY HEALTHCARE BOARD OF DIRECTORS APPROVES DIRECTORS APPOINTED TO THE HILLSBORO MEDICAL CENTER FOUNDATION BOARD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | UPON REQUEST OF THE BOARD AND SUCH OTHER TIMES AS THE CORPORATE MEMBER MAY ELECT, THE CORPORATE MEMBER SHALL REVIEW THE AFFAIRS OF HILLSBORO MEDICAL CENTER FOUNDATION AND TAKE SUCH ACTION AS IT DEEMS APPROPRIATE IN ACCORDANCE WITH HILLSBORO MEDICAL CENTER FOUNDATION'S BYLAWS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A COPY OF THE 990 IS REVIEWED BY TUALITY HOSPITAL'S DIRECTOR OF FINANCE. THEN IT IS PRESENTED TO THE HILLSBORO MEDICAL CENTER FOUNDATION BOARD OF DIRECTORS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY MAKING IT PART OF THE EMPLOYEE'S ANNUAL REVIEW. BOARD MEMBERS ARE ALSO REQUIRED TO REVIEW THE POLICY ANNUALLY. ALL AFORE SAID PARTIES ARE REQUIRED TO CERTIFY THAT THEY HAVE READ THE CONFLICT OF INTEREST POLICY, HAVE DISCLOSED ANY POTENTIAL CONFLICTS OF INTEREST, AND AGREE TO IMMEDIATELY NOTIFY THE COMPLIANCE OFFICER IF A CONFLICT SHOULD ARISE. CORRECTIVE ACTIONS ARE TO BE TAKEN IMMEDIATELY TO ADDRESS ANY CONFLICTS OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | AN INDEPENDENT BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF CEOS, EXECUTIVE DIRECTORS, OFFICERS, AND KEY EMPLOYEES. COMPENSATION IS REVIEWED ANNUALLY. COMPARABILITY DATA IS TAKEN INTO CONSIDERATION IN SETTING COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | AN INDEPENDENT BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF CEOS, EXECUTIVE DIRECTORS, OFFICERS, AND KEY EMPLOYEES. COMPENSATION IS REVIEWED ANNUALLY. COMPARABILITY DATA IS TAKEN INTO CONSIDERATION IN SETTING COMPENSATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | THE ORGANIZATION'S TAX RETURNS ARE MADE AVAILABLE FOR PUBLIC INSPECTION ON THE FOLLOWING WEBSITE: GUIDESTAR.ORG. GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE CHIEF FINANCIAL OFFICER OF TUALITY HEALTHCARE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | TEMP. RESTRICTED FUNDS ADJUSTMENT -9,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | NO CHANGES. HILLSBORO MEDICAL CENTER FOUNDATION'S BOARD OF DIRECTORS AND OFFICERS OF THE ORGANIZATION ARE RESPONSIBLE FOR OVERSEEING THE FINANCIAL AUDIT AND CHOOSING QUALIFIED AUDITORS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | FORM 990, PAGE 6, PART VI, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | FORM 990, PART XI, LINE 9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | FORM 990, PAGE 12, PART XII, LINE 2C |
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