COLUMBUS REGIONAL HOSPITAL FOUNDATION INC

EIN: 356023714 501(c)(3) Health Care

COLUMBUS, IN

Total Revenue
$4,671,662
Total Expenses
$5,035,663
Total Assets
$17,999,895
Net Assets
$17,663,389
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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
IN
Principal Officer
JULIA ABEDIAN
Phone
8123765100
Tax Period
2024-01-01 to 2024-12-31

COLUMBUS REGIONAL HOSPITAL FOUNDATION INC, founded in 1951, is a community nonprofit in the Health Care sector that reported $4.7M in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. Net assets of $17.7M represent 45 months of operating reserves.

Mission

TO IMPROVE THE HEALTH OF THE PEOPLE IN SOUTHEASTERN INDIANA BY ACTIVELY RAISING CHARITABLE CONTRIBUTIONS TO SUPPORT COLUMBUS REGIONAL HOSPITAL HEALTHCARE INITIATIVES AND TO PROVIDE FINANCIAL SUPPORT AND PROMOTE ADVOCACY FOR HEALTHY COMMUNITIES INITIATIVES AND VIMCARE CLINIC THROUGH PUBLIC AWARENESS, PHILANTHROPY AND STEWARDSHIP.

Program Service Accomplishments

Program 1
Expenses: $3,415,201

CRHF PROVIDES SUPPORT TO COLUMBUS REGIONAL HOSPITAL, AN ORGANIZATION EXEMPT FROM TAX UNDER IRC SECTION 501(C)(3). THE FOUNDATION ALSO PROVIDES GRANTS, THAT SUPPORT MEDICAL CARE AT CRH, AND...

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CRHF PROVIDES SUPPORT TO COLUMBUS REGIONAL HOSPITAL, AN ORGANIZATION EXEMPT FROM TAX UNDER IRC SECTION 501(C)(3). THE FOUNDATION ALSO PROVIDES GRANTS, THAT SUPPORT MEDICAL CARE AT CRH, AND SCHOLARSHIPS TO ASSIST WITH THOSE PURSUING AN EDUCATION IN THE MEDICAL FIELD. CRHF ALSO PROVIDES SUPPORT TO OTHER EXEMPT ORGANIZATIONS TO FURTHER PROMOTE THE HEALTH AND WELL-BEING OF THE COMMUNITY.

Program 2
Expenses: $472,378

CRHF PROVIDES PHILANTHROPIC SUPPORT TO VIMCARE CLINIC, A DEPARTMENT OF COLUMBUS REGIONAL HOSPITAL AND THE HOSPITAL'S SAFETY NET CLINIC FOR LOW-INCOME ADULTS. FUNDING FOR VIMCARE COVERS BEHAVORIAL...

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CRHF PROVIDES PHILANTHROPIC SUPPORT TO VIMCARE CLINIC, A DEPARTMENT OF COLUMBUS REGIONAL HOSPITAL AND THE HOSPITAL'S SAFETY NET CLINIC FOR LOW-INCOME ADULTS. FUNDING FOR VIMCARE COVERS BEHAVORIAL HEALTH SERVICES, FINANCIAL NAVIGATION, CASE MANAGEMENT, AND MEDICATION ASSISTANCE.

Program 3
Expenses: $417,496

CRHF IS THE PRIMARY FUNDER OF HEALTHY COMMUNITIES INITIATIVE, AN ORGANIZATION WHOSE STAFF IS EMPLOYED BY COLUMBUS REGIONAL HOSPITAL, AND WORKS TO IMPROVE THE LONG-TERM QUALITY OF LIFE IN BARTHOLOMEW...

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CRHF IS THE PRIMARY FUNDER OF HEALTHY COMMUNITIES INITIATIVE, AN ORGANIZATION WHOSE STAFF IS EMPLOYED BY COLUMBUS REGIONAL HOSPITAL, AND WORKS TO IMPROVE THE LONG-TERM QUALITY OF LIFE IN BARTHOLOMEW COUNTY THROUGH LOCAL ACTION TEAMS: TOBACCO AWARENESS AND PREVENTION, MEDICATION ASSISTANCE, INFANT MORTALITY PREVENTION, BREASTFEEDING COALITION, HEALTHY LIFESTYLES, AND MENTAL HEALTH MATTERS. CRHF SUBSIDIZES HCI STAFF EXPENSES, COVERS PROGRAM EXPENSES, AND ADMINISTERS EXTERNAL GRANTS THAT SUPPORT THE WORK OF HEALTHY COMMUNITIES.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,167,830
Program Service Revenue $0
Investment Income $1,503,832
Other Revenue $0
TOTAL REVENUE $4,671,662

Expense Breakdown

Grants Paid $4,015,882
Salaries & Benefits $751,816
Fundraising Expenses $350,469
Program Expenses $4,305,075
Other Expenses $267,965
TOTAL EXPENSES $5,035,663

Year-over-Year Comparison

2024 2023 Change
Revenue $4,671,662 $3,081,015 +0.5%
Expenses $5,035,663 $3,575,592 +0.4%
Net Income $-364,001 $-494,577 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
21
Independent Members
21
Employees
10
Volunteers
21

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
4
$459,759
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANUJA CHANDRA DIRECTOR 0.50
Director
$0 $0 $0
BRETT FINDLEY DIRECTOR 0.50
Director
$0 $0 $0
BRIAN NIEDBALSKI MD DIRECTOR 0.50
Director
$0 $0 $0
CARY CHENANDA DIRECTOR 0.50
Director
$0 $0 $0
DAVID B MCKINNEY DIRECTOR 0.50
Director
$0 $0 $0
ERIC M ROBBINS DIRECTOR 0.50
Director
$0 $0 $0
FATHER CLEM DAVIS DIRECTOR 0.50
Director
$0 $0 $0
JAMES D BICKEL DIRECTOR 0.50
Director
$0 $0 $0
JESSIE DEWEESE DIRECTOR 0.50
Director
$0 $0 $0
KEVINA A SCHUMAKER DIRECTOR 0.50
Director
$0 $0 $0
LISA A SHAFRAN DIRECTOR 0.50
Director
$0 $0 $0
LISA MCHONE DIRECTOR 0.50
Director
$0 $0 $0
LORI L MONTALBANO DIRECTOR 0.50
Director
$0 $0 $0
RICK A SILVERS DIRECTOR 0.50
Director
$0 $0 $0
SCOTT POLING DIRECTOR 0.50
Director
$0 $0 $0
SHERRY STARK DIRECTOR 0.50
Director
$0 $0 $0
SUREKHA M DIORIO DIRECTOR 0.50
Director
$0 $0 $0
THOMAS A SONDERMAN MD DIRECTOR 0.50
Director
$0 $0 $0
ANDREW J WEISNER CHAIR 1.00
Officer Director
$0 $0 $0
KENNY VIETH VICE CHAIR 1.00
Officer Director
$0 $0 $0
POLLY KRAMER SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
JULIA ABEDIAN FOUNDATION PRESIDENT 14.00
Officer
$108,421 $23,500 $459,759
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
2024 $4,671,662 $5,035,663 $17,999,895 $-364,001
2023 $3,081,015 $3,575,592 $24,229,531 $-494,577
2022 $3,795,003 $2,839,532 $21,991,466 $955,471
2021 $4,195,502 $3,010,909 $26,317,758 $1,184,593
2020 $3,122,437 $3,288,276 $23,326,187 $-165,839
2019 $2,766,457 $4,649,104 $20,752,528 $-1,882,647
2018 $3,208,420 $2,312,871 $19,696,904 $895,549
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