CATHOLIC HEALTH INITIATIVES NATIONAL FOUNDATION

EIN: 270930004 501(c)(3) Health Care

COLORADO SPRINGS, CO

Total Revenue
$426,095
Total Expenses
$544,851
Total Assets
$2,639,996
Net Assets
$432,302
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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
CO
Principal Officer
JERRY FRANCIS
Phone
7195487066
Tax Period
2022-07-01 to 2023-06-30

CATHOLIC HEALTH INITIATIVES NATIONAL FOUNDATION, founded in 2009, is a small nonprofit in the Health Care sector that reported $426K in total revenue in fiscal year 2022. Revenue surged 142% from the prior year, signaling strong growth momentum. Expenses of $545K exceeded revenue, resulting in a 28% operating deficit.

Mission

AS AN AFFILIATE OF COMMONSPIRIT HEALTH, WE MAKE THE HEALING PRESENCE OF GOD KNOWN IN OUR WORLD BY IMPROVING THE HEALTH OF THE PEOPLE WE SERVE, ESPECIALLY THOSE WHO ARE VULNERABLE, WHILE WE ADVANCE SOCIAL JUSTICE FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $544,841 Revenue: $0

ORGANIZATION'S MISSION, VISION, AND TAX-EXEMPT PURPOSE: CATHOLIC HEALTH INITIATIVES NATIONAL FOUNDATION WAS INCORPORATED AS A 501(C)(3), TAX-EXEMPT CHARITABLE FOUNDATION IN 2009 TO SERVE AS A SUPPORT...

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ORGANIZATION'S MISSION, VISION, AND TAX-EXEMPT PURPOSE: CATHOLIC HEALTH INITIATIVES NATIONAL FOUNDATION WAS INCORPORATED AS A 501(C)(3), TAX-EXEMPT CHARITABLE FOUNDATION IN 2009 TO SERVE AS A SUPPORT STRUCTURE FOR CHI'S MARKET-BASED ORGANIZATION (MBO) FOUNDATIONS. CATHOLIC HEALTH INITIATIVES NATIONAL FOUNDATION IS A NATIONAL OPERATIONS OFFICE PROVIDING ADMINISTRATIVE SUPPORT COUPLED WITH A SMALL GROUP OF STRATEGICALLY-PLACED OUTREACH STAFF THAT PROVIDES TRAINING AND MENTORING FOR INDIVIDUAL DEVELOPMENT OFFICES ACROSS COMMUNITIES SERVED BY CHI FACILITIES. CATHOLIC HEALTH INITIATIVES NATIONAL FOUNDATION COLLABORATES LOCALLY WITH MARKET-BASED FOUNDATIONS TO SHARE LEADING PRACTICES AND MATERIALS, AND CULTIVATE FUNDRAISING EFFORTS WITH STRATEGIES FOCUSED ON PLANNED GIVING AND MAJOR GIFTS. THE GRANT SERVICES TEAM PROVIDES OPPORTUNITIES TO SEEK NATIONAL FOUNDATION AND GOVERNMENT GRANTS. CATHOLIC HEALTH INITIATIVES NATIONAL FOUNDATION RAISES FUNDS AND SOLICITS GRANTS TO PROVIDE FINANCIAL AND OTHER AID, ASSISTANCE, CONSULTATION, AND GUIDANCE TO THE LOCAL CHI MBO FOUNDATIONS AND THE FACILITIES THEY SERVICE. THE CHI FOUNDATION WORKS WITH LOCAL FOUNDATIONS TO IMPROVE RESULTS TO BENEFIT THE LOCAL COMMUNITIES AND TO INCREASE AND ENCOURAGE PHILANTHROPY ACROSS CHI. QUALITATIVE DESCRIPTION OF COMMUNITY BENEFIT: CATHOLIC HEALTH INITIATIVES NATIONAL FOUNDATION HAS A CURRENT STAFF OF 5 AND 5-MEMBER BOARD OF DIRECTORS THAT SERVE 49 CHI COMMUNITIES REPRESENTING OVER 70 FOUNDATIONS. THE LOCAL FOUNDATION BOARD AND MBO CEO ARE ACCOUNTABLE FOR ACHIEVING FUNDRAISING RESULTS IN THE LOCAL COMMUNITY AND THE LOCAL FOUNDATION BOARD DETERMINES HOW THE LOCALLY-RAISED FUNDS ARE TO BE USED. THE LOCAL FOUNDATION LEADER REPORTS TO THE CHI REGIONAL FOUNDATION VICE PRESIDENT AND TO THE LOCAL MBO CEO. THE REGIONAL FOUNDATION VICE PRESIDENT IDENTIFIES AND SHARES LEADING PHILANTHROPY PRACTICES WITHIN CHI AND THROUGHOUT THE COUNTRY. HE OR SHE PARTNERS WITH LOCAL FOUNDATIONS TO SEEK NEW FUNDING OPPORTUNITIES, EXPLORE REDUCTIONS OF EXPENSES THROUGH ECONOMIES OF SCALE, SHARED RESOURCES AND ASSISTANCE WITH DEVELOPING A SPIRIT OF GIVING WITHIN THE COMMUNITIES THAT CHI SERVES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $417,360
Program Service Revenue $0
Investment Income $8,735
Other Revenue $0
TOTAL REVENUE $426,095

Expense Breakdown

Grants Paid $531,094
Salaries & Benefits $0
Fundraising Expenses $4
Program Expenses $544,841
Other Expenses $13,757
TOTAL EXPENSES $544,851

Year-over-Year Comparison

2022 2021 Change
Revenue $426,095 $176,083 +1.4%
Expenses $544,851 $1,639,812 -0.7%
Net Income $-118,756 $-1,463,729 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
1
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$862,954
Total Directors
2
$1,268,786
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON DUVAL PRESIDENT - FOUNDATION 50.00
Officer Director
$0 $52,856 $862,954
BENJAMIN KOPPELMAN BOARD MEMBER/CEO SJAHS 1.00
Director
$0 $51,429 $405,832
JENNIFER NEPPEL SEC/TREASURER/DIR 1.00
$0 $10,554 $48,130
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $426,095 $544,851 $2,639,996 $-118,756
2022 $176,083 $1,639,812 $846,246 $-1,463,729
2021 $307,934 $1,066,537 $731,653 $-758,603
2019 $397,596 $21,003 $1,239,449 $376,593
2018 $1,836,101 $49,285 $863,803 $1,786,816
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