FOUNDATION FOR COTTAGE REHABILITATION AND GOLETA VALLEY: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- FOUNDATION FOR COTTAGE REHABILITATION AND GOLETA VALLEY (EIN 26-0433816)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-07-26
- IRS object ID
- 202422089349300937
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-07-26T13:01:10+00:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260433816 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation for Cottage Rehab and Goleta Valley Cottage Hosp | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | FOUN | BusinessNameControlTxt |
| Phone | 8052876903 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Attn Finance Dept PO Box 689 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93102 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Danielle Kent | PersonNm |
| Person Title | Senior Philanthropy Officer | PersonTitleTxt |
| Signature | 2024-07-26 | SignatureDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-08-08 14:25:15Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Renee Nordstrand | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Attn Finance Dept PO Box 689 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $26,255,408 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | It is the mission of The Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals to support is to support the provision of hospital and other medical rehabilitation programs and services at Cottage Rehabilitation Hospital and Goleta Valley Cottage Hospital. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 22 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,034,436 | PYContributionsGrantsAmt |
| CY Contributions Grants | $874,259 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,419,007 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,627,779 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $3,453,443 | PYTotalRevenueAmt |
| CY Total Revenue | $2,502,038 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $153,398 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $216,099 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $162,309 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $536,099 | PYOtherExpensesAmt |
| CY Other Expenses | $590,177 | CYOtherExpensesAmt |
| PY Total Expenses | $689,497 | PYTotalExpensesAmt |
| CY Total Expenses | $806,276 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,763,946 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,695,762 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $24,602,923 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,627,404 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $110,607 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $154,375 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,492,316 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $32,473,029 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | It is the mission of The Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals to support is to support the provision of hospital and other medical rehabilitation programs and services at Cottage Rehabilitation Hospital and Goleta Valley Cottage Hospital. | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $806,276 | ExpenseAmt |
| Grant | $216,099 | GrantAmt |
| Desc | The Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals provided support for the acute medical rehabilitation and related services at Cottage Rehabilitation Hospital (CRH), Goleta Valley Cottage Hospital (GVCH), as well as the community at large. Support included assistance to the hospitals for equipment, programs and staff training, and support of indigent care for rehabilitation services. Through the Patient Assistance Program, the foundation is able to assist patients with necessary supplies and therapy that they could otherwise not afford. The foundation annually supports the Junior Wheelchair Sports Camp, a day camp held at USCB Recreation Center. The camp is offered free of charge to youth between the ages of 6 and 19 with a wide range of physical disabilities. | Desc |
| Total Program Service Expenses | $806,276 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Martha Vitalari | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8052876903 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7408 Hollister | AddressLine1Txt |
| City | Goleta | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|---|
| Anne Pazier | |||||||
| Co-Chair | 3.0 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Jean Smith | |||||||
| Treasurer | 3.0 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Katina Zaninovich | |||||||
| Co-Chair | 3.0 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Richard Boyd | |||||||
| Director | 3.0 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Tessa Kaplan | |||||||
| Secretary | 3.0 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| Antoinette McCauley | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Ashley Parker Snider | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Dr Philip R Delio MD | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Dr Sharon L Basham MD | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| James Kyriaco | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Jeff Cole | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Karen Hickman | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Kristen Miller | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Lailan McGrath | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Martin Plourd | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Megan Stichter CPA | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Nevin Pallad | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Rene Nordstrand | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Richard Keith | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Samantha Onnen | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Susan Epstein | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Tony Vallejo CPA | |||||||
| Director | 2.0 | 0 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cottage Health | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 689 | AddressLine1Txt |
| City | Santa Barbara | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 93102 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | Accounting, Tax reporting, Management, Fund raising support | ServicesDesc |
| Compensation | $203,569 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $874,259 | AllOtherContributionsAmt |
| Noncash Contributions | $9,326 | NoncashContributionsAmt |
| Total Contributions | $874,259 | TotalContributionsAmt |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $0 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $570,880 | TotalRevenueColumnAmt |
| Exclusion | $570,880 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $24,810,269 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $23,753,370 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,056,899 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,056,899 | TotalRevenueColumnAmt |
| Exclusion | $1,056,899 | ExclusionAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,502,038 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,627,779 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,339 | TotalAmt |
| Program Services | $164,339 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,760 | TotalAmt |
| Program Services | $51,760 | ProgramServicesAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,018 | TotalAmt |
| Management And General | $75,075 | ManagementAndGeneralAmt |
| Fundraising | $103,943 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,830 | TotalAmt |
| Management And General | $16,830 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35,872 | TotalAmt |
| Management And General | $35,872 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,548 | TotalAmt |
| Management And General | $73,548 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $72,913 | TotalAmt |
| Program Services | $3,601 | ProgramServicesAmt |
| Management And General | $10,946 | ManagementAndGeneralAmt |
| Fundraising | $58,366 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,698 | TotalAmt |
| Management And General | $4,698 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,112 | TotalAmt |
| Management And General | $5,112 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Support - Indigent assistance | $193,142 | $193,142 | |
| Theraputic Recreation | $7,001 | $7,001 | |
| Programs - All other | $1,380 | $1,380 | |
| Dues and Subscription | $408 | $378 | $30 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $255 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $806,276 | TotalAmt |
| Program Services | $421,601 | ProgramServicesAmt |
| Management And General | $222,366 | ManagementAndGeneralAmt |
| Fundraising | $162,309 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $677,077 | BOYAmt |
| EOY | $1,226,955 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,583 | BOYAmt |
| EOY | $317,436 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,108,316 | BOYAmt |
| EOY | $1,472,342 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71,017 | BOYAmt |
| EOY | $244,719 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $0 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $0 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,569,370 | BOYAmt |
| EOY | $20,571,832 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,941,953 | BOYAmt |
| EOY | $2,882,545 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,158,607 | BOYAmt |
| EOY | $5,911,575 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,602,923 | BOYAmt |
| EOY | $32,627,404 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,607 | BOYAmt |
| EOY | $154,375 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $110,607 | BOYAmt |
| EOY | $154,375 | EOYAmt |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,827,788 | BOYAmt |
| EOY | $13,387,598 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,664,528 | BOYAmt |
| EOY | $19,085,431 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,492,316 | BOYAmt |
| EOY | $32,473,029 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,602,923 | BOYAmt |
| EOY | $32,627,404 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,695,762 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $479,054 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $5,805,897 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $719,137 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $746,706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $279,467 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,034,436 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $874,259 | CurrentTaxYearAmt |
| Total | $4,654,005 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $719,137 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $746,706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $279,467 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,034,436 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $874,259 | CurrentTaxYearAmt |
| Total | $4,654,005 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,844,169 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,809,836 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $367,646 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $428,391 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $390,154 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $625,073 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $570,880 | CurrentTaxYearAmt |
| Total | $2,382,144 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $7,036,149 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $0 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.3993 | PublicSupportCY170Pct |
| Public Support PY170 | 0.3741 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,172,765 | BeginningYearBalanceAmt |
| Contributions | $327,246 | ContributionsAmt |
| Investment Earnings Or Losses | $300,150 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $8,800,161 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,859,258 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $313,507 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $8,172,765 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,640,435 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $218,823 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $7,859,258 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,607,015 | BeginningYearBalanceAmt |
| Contributions | $1,482 | ContributionsAmt |
| Investment Earnings Or Losses | $31,938 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $7,640,435 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,615,604 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$8,589 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $7,607,015 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.0 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $2,882,545 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $2,882,545 | TotalBookValueSecuritiesAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| Beneficial Interest in Perpetual Trust | $4,314,299 |
| Charitable Remainder Trusts | $1,570,165 |
| Other receivables | $27,111 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $5,911,575 | TotalBookValueOtherAssetsAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $2,814,116 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $479,054 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$93,428 | OtherRevenueAmt |
| Revenue Not Reported | $385,626 | RevenueNotReportedAmt |
| Revenue Subtotal | $2,428,490 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $73,548 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $73,548 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $2,502,038 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $732,728 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $0 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $732,728 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $73,548 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $73,548 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $806,276 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 1b Endowment Contributions | Amounts added to the Endowment balance in 2023 are from the acquired net assets of Goleta Valley Cottage Hospital Foundation. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The Endowment funds are used for the support of Cottage Rehabilitation Hospital and Goleta Valley Cottage Hospital and to assist patients in need after discharge from the hospital. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The Foundation completed an analysis of its tax positions in accordance with Accounting Standards Codification (ASC) 740, Income Taxes, and determined that there are no uncertain tax positions taken or expected to be taken. The Foundation has recognized no interest or penalties related to uncertain tax positions. The Foundation is subject to routine audits by the taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Foundation believes it is no longer subject to income tax examinations for years prior to 2020. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Change in value of Charitable Remainder Trusts - 235993 Change in value of Perpetual Trust - -329421 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| Santa Barbara Cottage Hospital | ||||||||
| PO Box 689 | Santa Barbara | CA | 93102 | 951644629 | 501(c)3 | $154,339 | FMV | Support of Rehabilitation Hospital program expenses |
| Life Rolls On Foundation | ||||||||
| 6120 W 75th St | Los Angeles | CA | 90045 | 743032829 | 501(c)3 | $10,000 | FMV | Support of Therapeutic Sports Camp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Educational Expenses | 31 | $34,708 |
| Food and Supplies Assistance to those in need | 247 | $17,052 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule I, Part III, Column (b) Estimated Number Of Recipients | Food and Supplies Assistance to those in need : Average assistance given |
| Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | Grants are given based on actual costs that have been incurred for supported programs. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part III, Line 2 New program services | On August 1, 2023, Cottage Rehabilitation Hospital Foundation (CRHF) acquired the assets of Goleta Valley Cottage Hospital Foundation (GVCHF), merging the two entities into one. CHRF changed its name to Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals to reflect this additional purpose. |
| Form 990, Part VI, Line 4 Significant changes to organizational documents | On August 1, 2023, Cottage Rehabilitation Hospital Foundation (CRHF) acquired the assets of Goleta Valley Cottage Hospital Foundation (GVCHF), merging the two entities into one. CHRF changed its name to Foundation for Cottage Rehabilitation and Goleta Valley Cottage Hospitals to reflect this additional purpose. Bylaws were updated to reflect this change. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The accounting department prepares Form 990 and it is reviewed by the accounting manager. Form 990 is then provided to the Foundation Administrator for review with a board member. Once reviewed the 990 is finalized. |
| Form 990, Part VI, Line 12c Conflict of interest policy | The Board may require Directors, Officers, employees and members of any adjunct organization or other selected individuals to submit regular annual statements disclosing any existing or potential conflict of interest and to promptly inform the Board in the event a potential conflict of interest arises. The Board may also provide for such corrective action as it deems appropriate by reason of a failure to disclose such conflicts of interest, which may include removal from a position or office. A person shall be deemed to have an "interest" in a contract or other transaction if he or she is the party (or one of the parties) contracting or dealing with the Foundation, or is a Director or officer of, or has a direct material financial or influential interest in the entity contracting or dealing with the Foundation. |
| Form 990, Part VI, Line 19 Required documents available to the public | The organization makes its governing documents and financial statements available to the public upon request. |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Net assets received from Goleta Valley Cottage Hospital Foundation - 5899325; Change in value of perpetual trust - -329421; Change in value of charitable remainder trusts - 235993; |
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