Methodist Hospital Fdn in Philadelphia, Pennsylvania (PA)

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Methodist Hospital Fdn
Employer Identification Number (EIN)232014559
Name of OrganizationMethodist Hospital Fdn
In Care of NameGeorge Rizzuto
Address2301 S Broad St, Philadelphia, PA 19148-3542
ActivitiesGifts, grants, or loans to other organizations, Other health services
SubsectionCharitable Organization
Ruling Date04/1977
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period06/2012
Assets$5,000,000 to $9,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$7,701,778
Amount of Income$181,514
Form 990 Revenue Amount$181,514
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Hospital, General


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Amount of income in 2012: $181,514 (it was $431,259 in 2011)
Methodist Hospital Fdn: 

 $181,514
Other organizations performing similar types of work: 

 $333,733

Assets in 2012: $7,701,778 (it was $8,194,974 in 2011)
Methodist Hospital Fdn: 

 $7,701,778
Other organizations performing similar types of work: 

 $455,346

Financial snapshot ($)

Revenue for 2011

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$431,259
Contributions, Gifts, Grants and Other Similar Amounts$90,537
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$340,722
Gross amount from sales of assets other than inventory (Securities / Other)$340,722 / $0
Less: cost or other basis and sales expenses (Securities / Other)$0 / $0
Gain or (loss) (Securities / Other)$340,722 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$419,521
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$419,521
Balance Sheet (for 2011)
Total assets$8,194,974
Total liabilities$57,964
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$57,964
Total net assets or fund balances$8,137,010
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Grayson Co Hospital Foundation Inc910 Wallace Ave, Leitchfield, KY 42754-2414KY1959-10$47,309,578
2Fishermens Hospital Inc3301 Overseas Hwy, Marathon, FL 33050-2329FL1958-03$30,480,122
3Riverside Diversified Services Inc1351 Route 55 Ste 200, Lagrangeville, NY 12540-5128NY1987-09$18,704,569
4Mountain States Foundation2335 Knob Creek Rd Ste 101, Johnson City, TN 37604-2002TN1981-06$5,763,856
5Holy Name Health Care Foundation Inc, Holy Name Health Care Foundation718 Teaneck Rd, Teaneck, NJ 07666-4245NJ1946-03$3,197,493
6Freeman Foundation1102 W 32nd St, Joplin, MO 64804-3503MO1986-02$3,186,829
7Memorial Hospital Of Burlington County Foundation Inc401 Rte 73 N 50 Lake Ctr Ste 301, Marlton, NJ 08053NJ1985-05$2,221,392
8Tri-City Hospital Foundation4002 Vista Way, Oceanside, CA 92056-4506CA1966-04$1,937,782
9Wills Eye Hospital Society TrustLankenau Medical Building East, Wynnewood, PA 19096PA1964-06$1,577,449
10Muncy Valley Health Care Foundation215 E Water St, Muncy, PA 17756-8828PA1986-05$14,645
11Pocono Health Foundation206 E Brown St, E Stroudsburg, PA 18301-3006PA1993-06$8,127,784
12Paoli Memorial Hospital Foundation255 West Lancaster Ave, Paoli, PA 19301-1763PA1996-02$4,972,689
13Marion J Gallagher Foundation IncC/O Pnc Bank 620 Liberty Avenue No, Pittsburgh, PA 15222PA1977-11$3,851,963
14Lutheran Community At Telford Fund12 Lutheran Home Dr, Telford, PA 18969-1728PA1993-02$2,322,871
15Armstrong Health & Education Foundation1 Nolte Dr, Kittanning, PA 16201-7111PA1992-06$1,900,375
16Ladies Hospital Aid Society Of Western Pennsylvania3459 5th Ave, Pittsburgh, PA 15213-3236PA1998-06$1,450,623
17Pinnacle Health Auxilary Of Harrisburg Pennsylvania4300 Londonderry Rd, Harrisburg, PA 17109-5317PA1998-01$777,260
18Junior Guild Of The Jameson Memorial Hospital1211 Wilmington Ave, New Castle, PA 16105-2516PA1955-11$591,414
19Auxiliary Of The Muhlenberg Medical Center2545 Schoenersville Rd, Bethlehem, PA 18017-7300PA1990-11$542,143
20Auxiliary Of Mon-Vale Health Resources IncGift Shop, Monogahela, PA 15063PA1948-09$438,552
Number of organizations performing similar types of work
Alaska1
Alabama11
Arkansas11
Arizona4
California94
Colorado10
Connecticut9
District of Columbia4
Delaware4
Florida38
Georgia18
Hawaii3
Iowa20
Idaho3
Illinois21
Indiana44
Kansas21
Kentucky8
Louisiana10
Massachusetts24
Maryland30
Maine4
Michigan19
Minnesota8
Missouri14
Mississippi4
Montana4
North Carolina25
North Dakota7
Nebraska12
New Hampshire7
New Jersey35
New Mexico11
Nevada5
New York61
Ohio49
Oklahoma11
Oregon15
Pennsylvania61
Rhode Island11
South Carolina12
South Dakota1
Tennessee7
Texas34
Utah2
Virginia13
Vermont4
Washington15
Wisconsin20
West Virginia10
Wyoming3
Total872

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