HIGHLINE MEDICAL CENTER FOUNDATION dba ST ANNE HOSPITAL FOUNDATION

EIN: 911171170 501(c)(3) Health Care

NORMANDY PARK, WA

Total Revenue
$730,936
Total Expenses
$753,832
Total Assets
$3,855,016
Net Assets
$3,323,596
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
WA
Principal Officer
DAVID D HAWTHORNE
Phone
2067139867
Tax Period
2023-01-01 to 2023-12-31

HIGHLINE MEDICAL CENTER FOUNDATION dba ST ANNE HOSPITAL FOUNDATION, founded in 1981, is a small nonprofit in the Health Care sector that reported $731K in total revenue in fiscal year 2023. Revenue fell 63% from the prior year — a significant decline worth monitoring. Net assets of $3.3M represent 55 months of operating reserves.

Mission

Highline Medical Center Foundation dba St Anne Hospital Foundation brings our community together to support exceptional health care, close to home, for all who need it. Thanks to the generosity of our caring neighbors and friends, we help ensure that St Anne Hospital has the resources it needs to keep people healthy and save lives. The foundation supports the provision of high-quality, leading-edge, compassionate care.

Program Service Accomplishments

Program 1
Expenses: $689,343

Key programs include Highline Health Connections: Care navigation for vulnerable populations a program that bridges gaps in the health-care system to improve the health of the most vulnerable in our...

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Key programs include Highline Health Connections: Care navigation for vulnerable populations a program that bridges gaps in the health-care system to improve the health of the most vulnerable in our community. This program serves over-utilizers of our Emergency Department who have chronic medical conditions, who are low income and who many times, also have mental and behavioral health issues. A care management team address the needs of each Health Connections participant, supporting the participant to eliminate barriers, create a road map to success and achieve the ultimate goal of staying out of the hospital and taking initiative in their own health and well-being. A multi-year program, the program has served hundreds of people and continues to be successful in exceeding expectations, cutting hospital costs and most importantly, it continues to produce positive patient outcomes. Other focus areas of Foundation support for St Anne Hospital include nursing advancement and engagement, medical innovation and emerging and critical need. The Foundation offers scholarships and support for nurses and doctors who are continuing their education or who are looking for professional development. In an effort to hire and retain the best and brightest talent, the Foundation encourages St Anne Hospital staff to apply for annual scholarships and financial aid for certificate programs and continued education. The Foundation supports medical innovation through funding technologically advanced equipment such as a UV cleaning robot, which helps drastically reduce hospital acquired infection rates. And finally, the Highline Medical Center Foundation dba St Anne Hospital Foundation supports emerging and critical need, such as ongoing support of our award-winning cancer center through the provision of direct patient support such as prescriptions, emergency housing, or gas and food cards in financial emergency situations.

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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 (2023)

Revenue Breakdown

Contributions & Grants $635,599
Program Service Revenue $0
Investment Income $67,970
Other Revenue $27,367
TOTAL REVENUE $730,936

Expense Breakdown

Grants Paid $685,970
Salaries & Benefits $0
Fundraising Expenses $13,388
Program Expenses $689,343
Other Expenses $64,617
TOTAL EXPENSES $753,832

Year-over-Year Comparison

2023 2022 Change
Revenue $730,936 $1,971,872 -0.6%
Expenses $753,832 $1,964,008 -0.6%
Net Income $-22,896 $7,864 -3.9%
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
15
Independent Members
15
Employees
N/A
Volunteers
38

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
8
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SAIFUDDIN KASUBHAI Trustee 0.25
Director
$0 $0 $0
TERESA SAVAGE Past President 0.25
Officer Director
$0 $0 $0
GERALDINE L FAIN PRESIDENT ELECT 0.25
Officer Director
$0 $0 $0
LAKEYSHA LAYFIELD Trustee 0.25
Director
$0 $0 $0
CAMERON A SMOCK President 1.00
Officer Director
$0 $0 $0
DAVID D HAWTHORNE Treasurer 1.00
Officer Director
$0 $0 $0
DEEPAK DEVASTHALI COO 0.25
Director
$0 $0 $0
CHRIS F BOYSEN Trustee 0.50
Director
$0 $0 $0
TERESA RAO AT-LARGE 0.50
Officer Director
$0 $0 $0
DAVID BURNETT Trustee 0.25
Director
$0 $0 $0
LINH LE AT-LARGE 0.25
Officer Director
$0 $0 $0
LOUISE A MENNELLA AT-LARGE 0.50
Officer Director
$0 $0 $0
LAURA SUTER Secretary 0.25
Officer Director
$0 $0 $0
CRAIG J KOPET Trustee 0.50
Director
$0 $0 $0
STEVEN M DAVOLT Trustee 0.25
Director
$0 $0 $0
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 No data No data No data No data
2023 $730,936 $753,832 $3,855,016 $-22,896
2022 $1,971,872 $1,964,008 $3,565,525 $7,864
2021 $1,399,183 $678,138 $2,266,003 $721,045
2020 $645,352 $346,174 $1,486,691 $299,178
2019 $840,400 $1,264,596 $2,015,845 $-424,196
2018 $772,473 $563,163 $1,721,662 $209,310
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