EIN 34-1425872

Lake Health Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1983
Most recent tax filings
2022-12-01
Description
The Lake Health Foundation identifies and secures financial and other resources to support Lake Health's mission in benefiting the residents of Lake County and surrounding communities. In 2022, it raised around $2.6 million, including investment gains, and transferred approximately $654 thousand worth of capital funds and donated medical equipment to Lake Health. It also distributes support to further its mission.
Also known as...
Lake Hospital Foundation
Total revenues
$688,702
2022
Total expenses
$1,047,073
2022
Total assets
$22,464,716
2022
Num. employees
0
2022

Program areas at Lake Health Foundation

Lhf raised approximately $2.6 million in support and revenue in 2022 (amount includes investment gains) to benefit Lake Health. Capital funds and donated medical equipment of approximately $654 thousand were transferred to Lake Health. Distributions in support of Lake Health programs and services transferred from endowment fund earnings and funds with donor restriction of approximately $672 thousand included support for tripoint wellness walk, emergency medicine, tuition and scholarships, community care, breast Health, and the employee assistance fund, among others. Through the employee assistance program, Lake Health team members contributed $50,010 to a fund to benefit fellow employees whose applications for assistance meet a needs-based criteria and are awarded emergency financial assistance.

Grants made by Lake Health Foundation

GranteeGrant descriptionAmount
Lake Health / Lake Hospital System IncHealthcare Program Services$654,062

Who funds Lake Health Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
University Hospitals Health System Group ReturnGeneral Support$489,553
Charities Aid Foundation of AmericaCharitable Donation$20,000
The Roemisch Family FoundationGeneral$10,000
...and 2 more grants received

Personnel at Lake Health Foundation

NameTitleCompensation
Robert TraczSenior Vice President and Chief Financial Officer$0
Richard CiceroTrustee , Senior Vice President Business Development$0
Mark A. FlashExecutive Director$202,611
Kathleen ThompsonVice Chair$0
Philip GubanChair$0
...and 7 more key personnel

Financials for Lake Health Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$457,980
Program services$0
Investment income and dividends$221,861
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$13,787
Net income from fundraising events$-4,926
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$688,702

Form 990s for Lake Health Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-02-18990View PDF
...and 9 more Form 990s
Data update history
July 14, 2024
Received grants
Identified 3 new grant, including a grant for $489,553 from University Hospitals Health System Group Return
December 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 23, 2023
Received grants
Identified 3 new grant, including a grant for $10,000 from The Roemisch Family Foundation
July 28, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 6, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Grantmaking organizationsPublic health orgsHealth organizationsCharities
Issues
Health
Characteristics
Provides grantsFundraising eventsState / local levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
3605 Warrensville Rd MSC 9155
Shaker Heights, OH 44122
Metro area
Cleveland-Elyria, OH
County
Cuyahoga County, OH
Website URL
uhhospitals.org/ 
Phone
(216) 844-1000
IRS details
EIN
34-1425872
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E80: Health, General and Financing
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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