2017-08-15T11:59:33-05:00 2016-09-30 560747981 DIXON HUGHES GOODMAN LLP 901 EAST CARY STREET SUITE 1000 RICHMOND VA 23219 990 2015-10-01 540801059 VA HOSPITAL RESEARCH & EDUCATION FOUNDATION VIRG 8049651201 PO BOX 31394 RICHMOND VA 23294 SEAN CONNAUGHTON PRESIDENT 8049651201 2017-08-14 1 CHRISTOPHER T BENNETT P01232201 8042827636 2015 2021-01-29 14:40:06Z SEAN CONNAUGHTON PO BOX 31394 RICHMOND VA 23294 2518083 0 X WWW.VHHA.COM X 1964 VA RESEARCH AND EDUCATION IN THE HEALTH CARE INDUSTRY. 8 7 4 7 0 0 70000 74725 799313 968634 305005 175224 0 0 1174318 1218583 0 0 0 0 196815 390907 0 0 0 745278 867466 942093 1258373 232225 -39790 4850848 5182338 184299 331914 4666549 4850424 X VIRGINIA HOSPITAL RESEARCH & EDUCATION FOUNDATION STRIVES TO IMPROVE THE HEALTH OF VIRGINIANS THROUGH COLLABORATION, RESEARCH AND EDUCATION FOR VIRGINIA'S HOSPITALS AND HEALTH SYSTEMS. VHREF PROVIDES CONTINUING PROFESSIONAL EDUCATION PROGRAMMING TO VIRGINIA HEALTH CARE LEADERS AND PROFESSIONALS THROUGH CONFERENCES, SEMINARS AND WEBINARS. VHREF ALSO SUPPORTS RESEARCH, AND PATIENT SAFETY AND QUALITY PROGRAMS IN VIRGINIA'S HOSPITALS THROUGH THE IDENTIFICATION OF GRANTS AND OTHER FUNDING OPPORTUNITIES. 0 0 287891 495010 DURING FYE 2016, VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION (VHREF) OFFERED A GROWING NUMBER OF EDUCATIONAL PROGRAMS TO EXPANDED AUDIENCES FROM VIRGINIA'S HOSPITALS AND HEALTH SYSTEMS. WORKSHOPS AND SEMINARS RELATED TO QUALITY AND PATIENT SAFETY WERE OFFERED IN SUPPORT OF THE VIRGINIA HOSPITAL & HEALTHCARE ASSOCIATION'S (VHHA) CENTER FOR HEALTHCARE EXCELLENCE, WEBINARS ON CLINICAL AND ADMINISTRATIVE TOPICS WERE PROVIDED, AND TWO STATEWIDE CONFERENCES WERE HELD. ONE CONFERENCE WAS FOR LEADERS OF VIRGINIA'S HOSPITALS, AND FOCUSED ON NAVIGATING REFORM IN THE HEALTH CARE FIELD, AND THE OTHER WAS A STATEWIDE PATIENT SAFETY SUMMIT FOR CLINICAL AND LEADERSHIP STAFF FOCUSED ON IMPROVING PATIENT SAFETY IN VIRGINIA. VHREF ALSO RECEIVED GRANT FUNDING TO SUPPORT QUALITY AND PATIENT SAFETY WORK WITH VIRGINIA'S HOSPITALS THAT SUPPORTS THE MISSION AND STRATEGIC OBJECTIVES OF VHHA. 779462 473624 VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION'S PATIENT SAFETY ORGANIZATION (PSO) CONTINUED TO ASSIST VIRGINIA HOSPITALS IN PROVIDING THE SAFEST AND HIGHEST QUALITY OF CARE TO THEIR PATIENTS. THE PSO ALLOWS FOR TRENDING AND IDENTIFICATION OF IMPROVEMENT OPPORTUNITIES AND AVOIDANCE OF HARM ACROSS MULTIPLE ORGANIZATIONS USING BOTH STATE AND NATIONAL COMPARATIVE DATA. 1067353 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 10 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 8 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 X ELIZABETH MCNAMEE CFO 8042973549 4200 INNSLAKE DRIVE SUITE 203 GLEN ALLEN VA 23060 JAMES B COLE DIRECTOR 1.00 X 0 0 0 MARY MANNIX CHAIR 1.00 X X 0 0 0 MICHAEL GENTRY DIRECTOR 1.00 X 0 0 0 JOHN L FITZGERALD DIRECTOR 1.00 X 0 0 0 STEVE ARNER DIRECTOR 1.00 X 0 0 0 TONI ARDABELL DIRECTOR 1.00 X 0 0 0 MARK MERRILL DIRECTOR 1.00 X 0 0 0 SEAN CONNAUGHTON PRESIDENT 1.00 X X 0 558671 121096 0 558671 121096 0 0 1 0 0 74725 74725 CONFERENCE & SEMINAR REVENUE 900099 495010 495010 VIRGINIA PSO 900099 422641 422641 STUDER GROUP PROJECT 900099 50983 50983 968634 83242 83242 1391482 1299500 91982 91982 91982 1218583 968634 0 175224 X 291919 180494 111425 14529 14529 84459 80462 3997 40000 20000 20000 18410 9205 9205 28719 28719 390841 390841 29725 29725 20423 20423 6639 3320 3319 9076 4538 4538 12067 12067 287891 287891 6970 6970 3600 1800 1800 BANK FEES 16034 8017 8017 DUES 2883 2883 STUDER GROUP PROJECT EX -5812 -5812 1258373 1067353 191020 0 175211 329216 462686 312448 64912 21633 62193 24983 92526 77638 16134 14888 4007111 4369451 62601 109719 4850848 5182338 74492 129531 60589 153165 49218 49218 184299 331914 X 4666549 4850424 4666549 4850424 4850848 5182338 -39790 223665 0 X X 0 1 X 1 0 X 100000 70000 74725 244725 253946 387457 512344 799313 968634 2921694 253946 387457 612344 869313 1043359 3166419 0 57702 39717 97419 57702 39717 97419 3069000 65976 71507 116414 78849 83242 415988 65976 71507 116414 78849 83242 415988 319922 458964 728758 948162 1126601 3582407 0.85670 0.83570 0.11610 0.14330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 92526 77638 14888 14888 X 1442248 223665 223665 1218583 0 1218583 1258373 0 1258373 0 1258373 PART IV, LINE 2B: THE FOUNDATION IS A FISCAL AGENT FOR OTHER ENTITIES AND RECEIVES FUNDS ON THEIR BEHALF. FUNDS ARE DISBURSED AT THE DIRECTION OF THE OTHER ENTITIES AND NEITHER THE RECEIPT OF FUNDS NOR THEIR EXPENDITURE ARE INCLUDED IN THE FOUNDATION'S STATEMENT OF ACTIVITIES. THE FUNDS HELD ON BEHALF OF OTHERS IS REPORTED AS AN OTHER ASSET IN PART X, LINE 15. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE TAX STATUTES OF THE COMMONWEALTH OF VIRGINIA; ACCORDINGLY, THE ACCOMPANYING FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OF LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE FOUNDATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF SEPTEMBER 30, 2016. THE FOUNDATION IS SUBJECT TO TAX ON ANY UNRELATED BUSINESS INCOME THAT IT MAY GENERATE. THE FOUNDATION REPORTED NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED SEPTEMBER 30, 2016 AND 2015. 0 1 0 0 0 0 0 0 0 SEAN CONNAUGHTON PRESIDENT 0 475871 0 82800 0 0 0 108727 0 12369 0 679767 0 0 PART I, LINE 3 VIRGINIA HOSPITAL AND HEALTHCARE ASSOCIATION CONTRACTS WITH A RELIABLE AND REPUTABLE CONSULTANT WHO REVIEWS APPROPRIATE COMPARATIVE DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. PART I, LINE 4B A CONTRIBUTION OF $80,500 WAS MADE TO A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN ON BEHALF OF THE PRESIDENT/CEO. THE AMOUNT IS SPECIFIED IN HIS EMPLOYMENT CONTRACT AND IS SUBJECT TO A VESTING SCHEDULE. FORM 990, PART VI, SECTION A, LINE 3 ADMINISTRATIVE SERVICES ARE PROVIDED TO THE FOUNDATION BY VIRGINIA HOSPITAL AND HEALTHCARE ASSOCIATION, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS AND MANAGEMENT WILL REVIEW THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ALL INTERESTS ANNUALLY ON A WRITTEN FORM WHICH IS SIGNED AND DATED. IF A CONFLICT EXISTS, THE ISSUE WILL BE REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTERESTS POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 390,841. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 390,841. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. VIRGINIA HOSPITAL AND HEALTH CARE ASSOCIATION PO BOX 31394 RICHMOND VA 23294 540701665 PROMOTE DEVELOPMENT & IMPROVEMENT OF THE HEALTH CARE INDUSTRY IN VIRGINIA VA 501(C)(6) 0 VIRGINIA BUSINESS COALITION ON HEALTH PO BOX 31394 RICHMOND VA 23294 541271014 EDUCATION IN THE HEALTHCARE INDUSTRY VA 501(C)(3) LINE 7 VIRGINIA HOSPITAL AND HEALTHCARE ASSOCIATION 0 VIRGINIA HOSPITAL ASSOCIATION POLITICAL ACTION COMMITTEE PO BOX 31394 RICHMOND VA 23294 541298898 POLITICAL ACTION COMMITTEE VA 527 VIRGINIA HOSPITAL AND HEALTHCARE ASSOCIATION 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0