2024-05-15T07:20:38-05:00 2023-12-31 541802979 DON ANDERSON & ASSOCIATES LTD P O BOX 517 COLONIAL HEIGHTS VA 23834 990 2023-01-01 830458666 SOUTHSIDE HEALTH EDUCATION FOUNDATION SOUT 8045264848 PO BOX 867 COLONIAL HEIGHTS VA 238340867 RICHARD YATES CHARIMAN, CEO 8045264848 2024-05-10 1 RICHARD YATES XXX-XX-XXXX 1 DON ANDERSON P00239432 8045264848 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z RICHARD YATES PO BOX 867 COLONIAL HEIGHTS VA 238340867 141570 0 X WWW.SHEFVA.ORG X 2006 VA SOUTHSIDE HEALTH EDUCATION FOUNDATION (SHEF) PROVIDES FINANCIAL EDUCATIONAL ASSISTANCE TO RESIDENTS OF SOUTHSIDE VIRGINIA WHO HAVE THE DESIRE AND AMBITION TO BECOME HEALTH CARE PROVIDERS BUT WHO LACK SUFFICIENT FINANCIAL RESOURCES. SHEF ALSO SERVES AS A RESOURCE FOR INFORMATION THAT SUPPORTS HEALTH CARE OPPORTUNITIES IN OUR COMMUNITY. 7 7 1 0 0 0 1005 1016 0 0 76862 139754 0 800 77867 141570 300 300 0 0 0 3117 0 0 0 11331 2095 11631 5512 66236 136058 2824305 3297468 0 121 2824305 3297347 X THE RECEIPT AND DISTRIBUTION OF SCHOLARSHIP FUNDS, LOANS AND OTHER FUNDS TO QUALIFIED INDIVIDUALS WHO ARE AFFILIATED WITH THE CHARITIES SERVICE AREA AND WHO WISH TO PURSUE AN EDUCATION IN A HEALTH-RELATED FIELD. 0 1 5414 300 800 SCHOLARSHIPS / AWARDS WERE AWARDED TO 2 RECIPIENTS. SCHOLARSHIPS / AWARDS WERE FUNDED BY THE LYONS-LIPCHAK FUND AND SOUTHSIDE HEALTH EDUCATION FOUNDATION. THE SCHOLARSHIPS / AWARDS WERE AWARDED TO INDIVIDUALS PERSUING A DEGREE IN THE FIELD OF NURSING. 5414 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X DON ANDERSON & ASSOCIATES LTD 8045264848 PO BOX 517 COLONIAL HEIGHTS VA 23834 X NANCY MCNEER SECRETARY 1.00 X X 0 0 0 KAREN FAISON DIRECTOR 1.00 X 0 0 0 RICHARD MIKE YATES CHAIR, CEO 1.00 X X 0 0 0 YARDLEY FARQUHARSON DIRECTOR 1.00 X 0 0 0 DEBORAH GARTER CLTC DIRECTOR 1.00 X 0 0 0 BETTY SUE HROUDA RN DIRECTOR 1.00 X 0 0 0 KENNETH L CORTRIGHT VICE CHAIR, TREASURER 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 1016 1016 139754 139754 REFUNDS RECEIVED 611710 800 800 800 141570 800 0 139754 300 300 2835 2835 282 282 55 55 40 40 835 835 484 484 3 3 102 102 126 126 DUES-CHAMBER OF COMMERC 450 450 5512 5414 98 0 5811 1 146343 155814 1253 1202 153 51 2671998 3141602 2824305 3297468 0 121 0 121 X 1538144 1984719 1286161 1312628 2824305 3297347 2824305 3297468 X 136058 336983 1 X X 1 X 0 0 0 X 310133 337327 340300 1005 1016 989781 310133 337327 340300 1005 1016 989781 989781 58932 74459 100915 76862 139755 450923 1430 88 800 2318 1443022 0.68590 0.77990 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING MISC INCOME - 2019 AMOUNT: $ 1430. 2021 AMOUNT: $ 88. REFUNDS RECEIVED - 2023 AMOUNT: $ 800. 2627439 1000 163568 300 2791707 3157575 1000 -530836 300 2627439 2824628 1000 332247 300 3157575 2451885 1000 372043 300 2824628 2112538 3500 338647 2800 2451885 0.92620 0.01220 0.06160 0 0 1253 1202 51 51 PAYROLL TAXES PAYABLE 121 121 PART V, LINE 4: THE ENDOWMENT FUNDS WILL BE USED FOR AWARDING OF SCHOLARSHIPS IN HEALTH CARE CAREERS FORM 990, PART III, LINE 3 THE FOUNDATION TRANSFERRED THE LETTIE PATE WHITEHEAD FOUNDATION ENDOWMENT FUND TO BON SECOURS IN 2022. ALL OTHER ENDOWMENT FUND BALANCES REMAIN IN TACT TO BE ADMINISTERED BY SOUTHSIDE HEALTH EDUCATION FOUNDATION. SHEF ALSO HIRED A NEW FULL TIME EXECTIVE DIRECTOR IN DECEMBER 2023 TO REVAMP THE FOUNDATION SCHOLARSHIP AND FUNDRAISING ACTIVITIES, INCLUDING BRINGING BACK THE FOUNDATION'S EXPLORER PROGRAM FOR YOUNG STUDENTS DESIRING TO EXPLORE THE POSSIBILITY OF A CAREER IN THE HEALTH CARE INDUSTRY. FORM 990, PART VI, SECTION A, LINE 4 THE BOARD AND EXECUTIVE DIRECTOR REVIEWED AND REVISED THE FOUNDATION BY-LAWS TO CLARIFY THE ROLES AND DUTIES OF THE OFFICERS AND THE EXECUTIVE DIRECTOR FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PROVIDED TO THE EXECUTIVE DIRECTOR. ITEMS ON THE RETURN ARE REVIEWED AND ANY QUESTIONS ARE DISCUSSED WITH THE TAX PREPARER. THE EXECUTIVE DIRECTOR PRESENTS THE RETURN TO THE BOARD FOR THEIR APPROVAL. THE RETURN IS SIGNED BY THE CHAIR AND TREASURER. FORM 990, PART VI, SECTION B, LINE 12C DISCLOSURE STATEMENTS ARE SUBMITTED BY THE BOARD EACH JANUARY. IN ADDITION, BOARD MEMBERS MUST DISCLOSE ANY CONFLICT WITH ANY PROPOSED SCHOLARSHIP RECIPIENT AT THE TIME SCHOLARSHIP AWARDS ARE APPROVED. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE DIRECTOR'S SALARY WAS REVIEWED BY THE BOARD OF DIRECTORS AND AN INDEPENDENT ACCOUNTANT. PERFORMANCE, EXPECTATIONS, AND ACCOUNTABILITY WERE REVIEWED. A COMPARISON WAS DONE ON COMPENSATION PACKAGES FOR THIS INDUSTRY IN THE LOCAL AREA. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS MAY BE SEEN BY SCHEDULING AN APPOINTMENT WITH THE FOUNDATION'S INDEPENDENT ACCOUNTANT. PLEASE CALL 804-526-4848 TO SCHEDULE AN APPOINTMENT. FORM 990, PART XI, LINE 9: ROUNDING 1. FORM 990, PART XII, LINE 2C WITH THE HIRING OF THE NEW FULL TIME EXECUTIVE DIRECTOR EFFECTIVE DECEMBER 2023, THE BOARD DECIDED TO BRING SOME ACCOUNTING FUNCTIONS IN HOUSE TO PROVIDE A BETTER SEPARATION OF DUTIES. THE EXECUTIVE DIRECTOR NOW RETRIEVES ALL MAIL FROM THE PO BOX, MAKES ALL BANK DEPOSITS OF CONTRIBUTIONS AND OTHER FUNDS RECEIVED, AND INITIATES ALL ELECTRONIC OR OTHER ACH PAYMENTS OF ANY FOUNDATION EXPENSES. PAYMENTS OF SCHOLARSHIPS AND AWARDS OR OTHER FOUNDATION EXPENSES TO BE PAID BY CHECK ARE STILL MANAGED BY THE INDEPENDENT ACCOUNTING FIRM. ALL PAYMENTS PROCESSED BY THE ACCOUNTING FIRM WILL BE SIGNED BY EITHER THE CHARIMAN, TREASURER OR EXECUTIVE DIRECTOR OF THE FOUNDATION. THE ACCOUNTANT WILL NO LONGER SIGN ANY PAYMENTS. THE INDEPENDENT ACCOUNTANT WILL RECONCILE ALL BANK AND CREDIT CARD ACCOUNTS AND PROVIDE THE FOUNDATION WITH MONTHLY COMPILED FINANCIAL STATEMENTS.