Pinnacle Health Foundation in Harrisburg, Pennsylvania (PA)

Table of contents:

Organization representatives - add corrected or new information about Pinnacle Health Foundation »

Non-representatives - add comments about Pinnacle Health Foundation»

Pinnacle Health Foundation
Employer Identification Number (EIN)222691718
Name of OrganizationPinnacle Health Foundation
AddressPO BOX 8700, Harrisburg, PA 17105-8700
ActivitiesGifts, grants, or loans to other organizations, Non financial services of facilities to other organizations
SubsectionCharitable Organization
Ruling Date12/1986
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$50,000,000 to greater
Income$5,000,000 to $9,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$58,748,444
Amount of Income$6,062,202
Form 990 Revenue Amount$2,748,693
National Taxonomy of Exempt Entities (NTEE)Health - General and Rehabilitative: Fund Raising and/or Fund Distribution


Non-representatives - add comments:


CAPTCHA

Your IP address 23.21.9.44 will be logged.

Amount of income in 2012: $6,062,202
Pinnacle Health Foundation: 

 $6,062,202
Other organizations performing similar types of work: 

 $5,696,997

Assets in 2012: $58,748,444
Pinnacle Health Foundation: 

 $58,748,444
Other organizations performing similar types of work: 

 $28,368,623

Expenses in 2007: $844,291
This organization: 

 $844,291
Other organizations performing similar types of work: 

 $3,018,397

Income to expenses ratio in 2007: 1.8
This organization: 

 1.8
Other organizations performing similar types of work: 

 1.1

Expenses allocated to program services in 2007: 47.7%
This organization: 

 47.7%
Other organizations performing similar types of work: 

 84.7%

Grants share in income in 2007: 20.0%
This organization: 

 20.0%
Other organizations performing similar types of work: 

 3.1%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2000200220062007
Total revenue$5,460,359$1,760,372$2,718,499$1,543,072
Contributions, gifts, grants, and similar amounts received$2,324,869$2,880,061$740,267$307,957
Contributions to donor advised funds$0$0
Direct public support$2,324,869$2,880,061$738,437$307,957
Indirect public support$0$0$1,830$0
Government contributions (grants)$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$0$0$0$0
Interest on savings and temporary cash investments$111,393$15,594$136,164$24,228
Dividends and interest from securities$1,781,639$-37,661$1,130,030$774,257
Net rental income or (loss)$570$213$0$0
Gross rents$12,870$1,220$0$0
Less: rental expenses$12,300$1,007$0$0
Other investment income$0$0$0$0
Gain or (loss) from sales of assets other than inventory$1,065,446$-1,334,234$720,629$450,069
Gross amount from sales of assets other than inventory$1,065,446$0$6,334,648$4,563,784
Less: cost or other basis and sales expenses$0$1,334,234$5,614,019$4,113,715
Net income or (loss) from special events and activities$0$0$-8,591$-13,439
Gross revenue$0$0$50,852$52,331
Less: direct expenses other than fundraising expenses$0$0$59,443$65,770
Gross profit or (loss) from sales of inventory$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0
Less: cost of goods sold$0$0$0$0
Other revenue$176,442$236,399$0$0
Total expenses$743,192$535,827$1,286,614$844,291
Program services$381,211$383,267$899,920$402,751
Management and general$53,726$31,560$76,095$79,740
Fundraising$308,255$121,000$310,599$361,800
Payments to affiliates$0$0$0$0
Net assets or fund balances at end of year$35,652,717$33,013,714$37,254,566$33,475,750
Excess or (deficit) for the year$4,717,167$1,224,545$1,431,885$698,781
Net assets or fund balances at beginning of year$25,301,892$34,519,658$47,903,004$37,254,566
Other changes in net assets or fund balances$5,633,658$-2,730,489$-12,080,323$-4,477,597
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$844,291$402,751$79,740$361,800
Grants paid from donor advised funds$0
Other grants and allocations$227,938
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$0$0$0$0
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$0$0$0$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$0$0$0$0
Professional fundraising fees$51,519$0$0$51,519
Accounting fees$0$0$0$0
Legal fees$0$0$0$0
Supplies$49,823$49,823$0$0
Telephone$1,927$1,927$0$0
Postage and shipping$4,614$600$1,661$2,353
Occupancy$0$0$0$0
Equipment rental and maintenance$20,892$0$20,892$0
Printing and publications$30,863$30,863$0$0
Travel$295$295$0$0
Conferences, conventions, and meetings$12,304$12,304$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$444,116$79,001$57,187$307,928
Balance Sheets
2000200220062007
Total assets$36,665,419$36,673,054$54,906,827$50,176,216
Cash - non-interest-bearing$1,973$386$382$508
Savings and temporary cash investments$11,260,971$15,173,535$1,212,241$1,822,564
Accounts receivable less allowance for doubtful accounts$0$0$0$0
Pledges receivable less allowance for doubtful accounts$3,671,879$4,254,930$2,663,740$2,568,596
Grants receivable$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0
Inventories for sale or use$0$0$0$0
Prepaid expenses and deferred charges$672$2,202$0$0
Investments - publicly-traded securities$46,112,587$45,777,114
Investments - other securities$21,727,803$17,242,001$4,917,877$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0
Investments - other$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$0$0$0
Other assets, including program-related investments$2,121$0$0$7,434
Total liabilities$1,012,702$3,659,340$17,652,261$16,700,466
Accounts payable and accrued expenses$4,512$136,726$171,824$179,149
Grants payable$0$0$0$0
Deferred revenue$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0
Mortgages and other notes payable$0$0$0$0
Other liabilities$1,008,190$3,522,614$17,480,437$16,521,317
Total liabilities and net assets/fund balances$36,665,419$36,673,054$54,906,827$50,176,216
Total net assets or fund balances$35,652,717$33,013,714$37,254,566$33,475,750
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2000200220062007
Total revenue$5,460,359$1,760,372$2,718,499$1,543,072
Total revenue, gains, and other support per audited financial statements$1,856,313$463,326$2,910,613$-2,666,583
Other expenses$-3,603,481$1,275,072$939,761$-3,856,904
Net unrealized gains on investments$-3,615,781$1,274,065$718,958$-4,211,794
Donated services and use of facilities$0$0$0$0
Recoveries of prior year grants$0$0$0$0
Other$12,300$1,007$220,803$354,890
Other revenue$565$2,572,118$747,647$352,751
Investment expenses$0$0$0$0
Other$565$2,572,118$747,647$352,751
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2000200220062007
Total expenses$743,192$535,827$1,286,614$844,291
Total expenses and losses per audited financial statements$780,003$535,928$841,503$721,484
Other revenue$37,376$1,007$0$0
Donated services and use of facilities$0$0$0$0
Prior year adjustments$0$0$0$0
Losses$25,076$0$0$0
Other$12,300$1,007$0$0
Other expenses$565$906$445,111$122,807
Investment expenses$0$0$0$0
Other$565$906$445,111$122,807
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings10
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$1,235,115$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$24,228$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$774,257$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$450,069$0
Net income or (loss) from special events000000$0Income from an activity that is not regularly carried on (section 512(a)(1))$-13,439$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
0000000000%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType II
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
251778644Pinnacle Health HospitalsNo$88,017
232024121Pinnacle Health Home Care & Hospice, Pinnacle Health HospiceNo$30,000
251709054Pinnacle Health Medical ServicesNo$3,130
Total$121,147
Support Schedule
1999200120052006
Total$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0
Membership fees received$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0
Other income$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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$1,966,787
Contributions, Gifts, Grants and Other Similar Amounts$521,556
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$890,969
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$566,899
Gross amount from sales of assets other than inventory (Securities / Other)$7,704,682 / $0
Less: cost or other basis and sales expenses (Securities / Other)$7,137,783 / $0
Gain or (loss) (Securities / Other)$566,899 / $0
Net loss from fundraising events$-12,637
Gross income from fundraising events$34,649
Less: direct expenses$47,286
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$2,220,341
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$49,409
Other$2,170,932
Balance Sheet (for 2011)
Total assets$66,666,062
Total liabilities$30,933,025
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$30,933,025
Total net assets or fund balances$35,733,037
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)
Write your review!

Your Ratings

You can rate this nonprofit in different categories from 1 star (worst) to 5 stars (best) or leave category unrated

Program:
Fundraising:
Expenses:
Transparency:

Your Review


Would you recommend Pinnacle Health Foundation to others? (optional)
  
Add photo of Pinnacle Health Foundation (optional)

About You

Your nickname:

Optional Verification

(additional info to increase the weight and the placement of your review and ratings)

Sign in with Twitter
Real Name:
Email (won't be published):
Date and time of your visit to this nonprofit:
Phone number (won't be published):
Leave your signature»

Sweepstakes

Special limited-time promotion! Submit your review for a chance to win $500 in our sweepstakes!



Your email address (you will not be contacted unless you win, we do not sell your email address or send any spam):


Recently Added Reviews
Carlisle Cap Flying Club Inc in Carlisle, PA
*****
Healing Tree International in Palmyra, PA
***•
Stop The Madness - Stop The Violence Inc in Philadelphia, PA
****
Burrell Education Foundation Inc in Lower Burrell, PA
*****
Saucon Valley Country Club in Bethlehem, PA
*
Lehigh Valley Amateur Astronomical Society Inc in Allentown, PA
****•
Multiethnic Behavioral Health Inc in Philadelphia, PA
*•
Park Lawn Cemetery Assn Tr in Jamestown, PA
*****
Childrens Advisory Network in Centennial, CO
*****
Day By Day Community Outreach Inc in Farmingdale, NY
*
Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Lancaster General Health555 N Duke St, Lancaster, PA 17602-2250PA1983-10$600,773,341
2Hearthstone Senior Communities Inc, William TschopTwo Bala Cynwyd Plaza No 300, Bala Cynwyd, PA 19004-1512PA2000-01$95,237,871
3Albert Einstein Healthcare Network5501 Old York Road, Philadelphia, PA 19141-3018PA1984-08$84,883,662
4Good Shepherd Rehabilitation NetworkGood Shepherd Plaza 850 S 5th St, Allentown, PA 18103PA1986-10$56,493,726
5Summit Physician Services785 Fifth Avenue, Chambersburg, PA 17201-4232PA1999-04$50,241,268
6Mercy Health Partners746 Jefferson Avenue, Scranton, PA 18510-1624PA1995-12$19,002,415
7Newcourtland Elder Service1845 Walnut St Fl 12, Philadelphia, PA 19103-4731PA1997-04$15,156,125
8Phoebe Devitt Homes1925 W Turner St, Allentown, PA 18104-5513PA1941-07$14,755,702
9Allied Services Foundation100 Abington Executive Park, Clarks Summit, PA 18411-2260PA1988-12$14,008,981
10Pottstown Area Health & Wellness Foundation152 E High St Ste 500, Pottstown, PA 19464-5400PA1987-09$10,667,086
11Pinnacle Health FoundationPO BOX 8700, Harrisburg, PA 17105-8700PA1986-12$6,062,202
12Ralph C Heller Foundation IncC/O Pnc Bank 620 Liberty Avenue No, Pittsburgh, PA 15222PA1951-06$5,219,543
13Doylestown Health Foundation595 W State St, Doylestown, PA 18901-2554PA1986-02$4,423,229
14Philadelphia Presbytery Homes Foundation Inc2000 Joshua Rd, Lafayette Hl, PA 19444-2430PA2001-08$3,764,145
15Phoenixville Health Care Foundation821 Gay St, Phoenixville, PA 19460-4410PA1998-09$3,495,704
16Wayne Memorial Hospital Foundation Inc601 Park St, Honesdale, PA 18431-1445PA1982-11$3,176,928
17Saint Vincent Health System232 W 25th St, Erie, PA 16544-0002PA1993-02$2,942,916
18Elk Regional Health System Foundation, Elk Regional Health Center Foundata763 Johnsonburg Rd, St Marys, PA 15857-3417PA1991-09$1,675,417
19Emilie J Klahr No 2 Testamentary TrustC/O Pnc Bank 620 Liberty Avenue No, Pittsburgh, PA 15222PA1944-07$1,672,755
20Allegheny-Kiski Health Foundation IncOne Acee Drive Suite 1, Natrona Heights, PA 15065-9700PA1984-10$509,862
Number of organizations performing similar types of work
Alabama2
Arkansas1
Arizona2
California18
Colorado2
Connecticut8
District of Columbia3
Florida8
Georgia3
Iowa2
Illinois14
Indiana1
Kansas3
Kentucky4
Louisiana1
Massachusetts9
Maryland8
Maine2
Michigan7
Minnesota4
Missouri4
Mississippi2
North Carolina7
North Dakota2
Nebraska2
New Hampshire2
New Jersey3
New Mexico1
Nevada1
New York19
Ohio9
Oregon2
Pennsylvania22
Rhode Island1
South Carolina1
South Dakota1
Tennessee3
Texas8
Utah3
Virginia8
Washington10
Wisconsin4
West Virginia2
Total219

faqs.org is not associated with, endorsed by, or sponsored by Pinnacle Health Foundation and has no official or unofficial affiliation with Pinnacle Health Foundation