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 Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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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.

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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 (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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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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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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