SPACE COAST HEALTH FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- SPACE COAST HEALTH FOUNDATION INC (EIN 59-2432318)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-08-09
- IRS object ID
- 201322219349300217
- Schema version
- 2011v1.5
- 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) |
|---|---|---|
| Timestamp | 2013-08-09T08:15:34-05:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVIES HOUSER & SECREST CPA PA | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 129 | AddressLine1 |
| City | COCOA | City |
| State | FL | State |
| ZIP Code | 329230129 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 592432318 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SPACE COAST HEALTH FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | SPAC | NameControl |
| Phone | 3216372720 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6905 N WICKHAM RD | AddressLine1 |
| Address Line2 | ROOM/SUITE 301 | AddressLine2 |
| City | MELBOURNE | City |
| State | FL | State |
| ZIP Code | 32940 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHNETTE GINDLING | Name |
| Title | EXECUTIVE DIRECTOR | Title |
| Phone | 3216372720 | Phone |
| Date Signed | 2013-08-08 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN A ELLIS CPA | Name |
| Phone | 3216360426 | Phone |
| Date Prepared | 2013-08-08 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | X | AddressChange |
| Name Of Principal Officer Person | JOHNETTE GINDLING | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6905 N WICKHAM RD STE 301 | AddressLine1 |
| City | ROCKLEDGE | City |
| State | FL | State |
| ZIP Code | 32955 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2546427 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.SCHFBREVARD.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1997 | YearFormation |
| State Legal Domicile | FL | StateLegalDomicile |
| Activity Or Mission Description | SPACE COAST HEALTH FOUNDATION'S (FORMERLY KNOWN AS WUESTHOFF HEALTH SYSTEMS, INC. AND AFFILITATES (WUESTHOFF) PURPOSE IS TO ENHANCE THE HEALTH NEEDS OF THE LOCAL COMMUNITY. WUESTHOFF WAS A COMMUNITY-BASED HEALTHCARE SYSTEM THAT SUPPORTED WUESTHOFF MEMORIAL HOSPITAL, INC. (THE HOSPITAL)AND RELATED WUESTHOFF HEALTH SERVICES. ON OCTOBER 1, 2010 WUESTHOFF SOLD SUBSTANTIALLY ALL ITS ASSETS EXCEPT CASH, RECEIVABLES AND INVESTMENTS. THE PROCEEDS OF THE SALE WILL BE USED TOWARD BENEFITTING THE HEALTH NEEDS OF THE COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 6 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 6 | NbrIndependentVotingMembers |
| Total Nbr Employees | 22 | TotalNbrEmployees |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 603642 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1050186 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 34809922 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1179499 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 35413564 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2229685 | TotalRevenueCurrentYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1151564 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 7646965 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1804374 | OtherExpensePriorYear |
| Other Expenses Current Year | 4515281 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2955938 | TotalExpensesPriorYear |
| Total Expenses Current Year | 12162246 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 32457626 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -9932561 | RevenuesLessExpensesCY |
| Total Assets BOY | 72144930 | TotalAssetsBOY |
| Total Assets EOY | 71513204 | TotalAssetsEOY |
| Total Liabilities BOY | 21996645 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 27242503 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 50148285 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 44270701 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | SPACE COAST HEALTH FOUNDATION'S (FORMERLY KNOWN AS WUESTHOFF HEALTH SYSTEMS, INC. AND AFFILITATES (WUESTHOFF) PURPOSE IS TO ENHANCE THE HEALTH NEEDS OF THE LOCAL COMMUNITY. WUESTHOFF WAS A COMMUNITY-BASED HEALTHCARE SYSTEM THAT SUPPORTED WUESTHOFF MEMORIAL HOSPITAL, INC. (THE HOSPITAL)AND RELATED WUESTHOFF HEALTH SERVICES. ON OCTOBER 1, 2010 WUESTHOFF SOLD SUBSTANTIALLY ALL ITS ASSETS EXCEPT CASH, RECEIVABLES AND INVESTMENTS. THE PROCEEDS OF THE SALE WILL BE USED TOWARD BENEFITTING THE HEALTH NEEDS OF THE COMMUNITY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 1023953 | Expense |
| Description | HEALTH CARE PROGRAMS. | Description |
| Total Program Service Expense | 1023953 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 55 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 22 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 6 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 6 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | JOHNETTE GINDLING | NamePerson |
| Telephone Number | 3216372720 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1116 GEIGER STREET | AddressLine1 |
| City | ROCKLEDGE | City |
| State | FL | State |
| ZIP Code | 32955 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Average Hours Per WeekAverageHoursPerWeek |
|---|---|---|---|---|---|---|
| FRAN PICKETT | ||||||
| CHAIR | X | X | 0 | 0 | 0 | |
| LARRY SCHULTZ | ||||||
| VICE CHAIR | X | X | 0 | 0 | 0 | |
| DR VALERIE BROWNE | ||||||
| SECRETARY/TR | X | X | 0 | 0 | 0 | |
| BILL BANCROFT | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| JAMES DWIGHT | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| SCOTT HUFF | ||||||
| BOARD MEMBER | X | 0 | 0 | 0 | ||
| GEORGE FAYER | ||||||
| CFO | X | 165696 | 0 | 0 | 40.00 | |
| JOHNETTE GINDLING | ||||||
| EXECUTIVE DI | X | 143954 | 0 | 1836 | 40.00 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 309650 | TotalReportableCompFromOrg |
| Total Other Compensation | 1836 | TotalOtherCompensation |
| Number Individuals GT100 K | 2 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| QUINTAIROS PRIETO WOOD BOYER PA | |||||
| 9300 SOUTH DADELAND BLVD 4TH FL | MIAMI | FL | 33156 | LEGAL | 249173 |
| LAWRENCE & FISHER | |||||
| 5335 WISCONSIN AVE NW STE 700 | WASHINGTON | DC | 20015 | LEGAL | 238282 |
| KPMG | |||||
| DEPT 0613 PO BOX 120001 | DALLAS | TX | 753120613 | AUDIT / CONSULT | 236591 |
| WICKER SMITH OHARE MCCOY & FORD | |||||
| 2800 PONCE DE LEON BLVD STE 800 | CORAL GABLES | FL | 33134 | LEGAL | 207074 |
| HAY GROUP | |||||
| PO BOX 828352 | PHILADELPHIA | PA | 191828352 | BENEFIT CONSULT | 199255 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 8 | NumberOfContractorsGT100K |
| Government Grants | 1050186 | GovernmentGrants |
| Total Contributions | 1050186 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| PROGRAM REVENUE PER 1099'S | 1434212 | 1434212 |
| PREV. REPORTED ON 2010 990 | -1434212 | -1434212 |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1259949 | TotalRevenueColumn |
| Related Or Exempt Function Income | 496268 | RelatedOrExemptFunctionIncome |
| Exclusion | $763,681 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 236292 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 316742 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -80450 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -80450 | TotalRevenueColumn |
| Related Or Exempt Function Income | -80450 | RelatedOrExemptFunctionIncome |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2229685 | TotalRevenueColumn |
| Related Or Exempt Function Income | 415818 | RelatedOrExemptFunctionIncome |
| Exclusion | $763,681 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1347921 | Total |
| Program Services | 737923 | ProgramServices |
| Management And General | 609998 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6225783 | Total |
| Management And General | 6225783 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73261 | Total |
| Program Services | 42073 | ProgramServices |
| Management And General | 31188 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 518475 | Total |
| Program Services | 9092 | ProgramServices |
| Management And General | 509383 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44297 | Total |
| Program Services | 34547 | ProgramServices |
| Management And General | 9750 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 873635 | Total |
| Program Services | 11242 | ProgramServices |
| Management And General | 862393 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | Program ServicesProgramServices |
|---|---|---|---|
| HOSPITAL WIND-DOWN COSTS | 1847741 | 1847741 | |
| PROFESSIONAL FEES | 501286 | 387261 | 114025 |
| 3RD PARTY SETTLEMENTS | 450260 | 450260 | |
| SUPPLIES, SERVICE & OTHER | 216747 | 141696 | 75051 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62840 | Total |
| Management And General | 62840 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12162246 | Total |
| Program Services | 1023953 | ProgramServices |
| Management And General | 11138293 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2398213 | BOY |
| EOY | 1994350 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6812901 | BOY |
| EOY | 3983844 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1162327 | BOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 25032759 | BOY |
| EOY | 25043557 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3368311 | BOY |
| EOY | 2533623 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 88544 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 64709 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 311673 | BOY |
| EOY | 23835 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 32888093 | BOY |
| EOY | 37793357 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 170653 | BOY |
| EOY | 140638 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72144930 | BOY |
| EOY | 71513204 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 653200 | BOY |
| EOY | 428973 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 229364 | BOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21114081 | BOY |
| EOY | 26813530 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21996645 | BOY |
| EOY | 27242503 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 48726328 | BOY |
| EOY | 42644456 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22936 | BOY |
| EOY | 26231 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1399021 | BOY |
| EOY | 1600014 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 50148285 | BOY |
| EOY | 44270701 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 72144930 | BOY |
| EOY | 71513204 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -9932561 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 4054977 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 603642 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1050186 | CurrentTaxYear |
| Total | 1653828 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 603642 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1050186 | CurrentTaxYear |
| Total | 1653828 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 1653828 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | 911675 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1257716 | CurrentTaxYear |
| Total | 2169391 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 3823219 | TotalSupport |
| Gross Receipts From Admissions Etc | 496268 | GrossReceiptsFromAdmissionsEtc |
| Public Support Pertcentage170 | 0.43260 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.39840 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Disclosed Orgs Legal Control | false | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | false | DisclosedForCharitablePurposes |
| Written Policy Monitoring | false | WrittenPolicyMonitoring |
| Sect170h Requirements Satisfied | false | Sect170hRequirementsSatisfied |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | false | IncludedOnFS |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1399021 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 200993 | InvestmentEarningsOrLosses |
| End Of Year Balance | 1600014 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3235997 | BeginningOfYearBalance |
| Other Expenditures | 1836976 | OtherExpenditures |
| End Of Year Balance | 1399021 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 3517927 | BeginningOfYearBalance |
| Contributions | 82044 | Contributions |
| Investment Earnings Or Losses | 169133 | InvestmentEarningsOrLosses |
| Other Expenditures | 533107 | OtherExpenditures |
| End Of Year Balance | 3235977 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | false | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5000 | OtherCostOrOtherBasis |
| Book Value | 5000 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 83544 | OtherCostOrOtherBasis |
| Depreciation | 64709 | Depreciation |
| Book Value | 18835 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 23835 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED PENSION | $10,229,947 |
| ACCRUED PROFESSIONAL CLAIMS | $7,321,924 |
| SPONSORSHIP AGREEMENT LIABILITY | $5,023,149 |
| DUE TO THIRD PARTY PAYORS | $3,409,568 |
| PATIENT REFUND PAYABLE | $435,556 |
| OTHER | $287,030 |
| ACCRUED PAYROLL AND BENEFITS | $106,356 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 26813530 | TotalOfAmounts |
| Total Revenue | 2229685 | TotalRevenue |
| Total Expenses | 12162246 | TotalExpenses |
| Excess Or Deficit For Year | -9932561 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 4054977 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 4054977 | TotalAdjustments |
| Excess Or Deficit Per FS | -5877584 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 6284662 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 4054977 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 4054977 | RevenueNotRptdF990 |
| Revenue Subtotal | 2229685 | RevenueSubtotal |
| Total Revenue Per Form990 | 2229685 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 12162246 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 12162246 | ExpensesSubtotal |
| Total Expenses Per Form990 | 12162246 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SUPPLEMENTAL FINANCIAL INFORMATION | Identifier |
| Return Reference | SCHEDULE D, PAGE 4, PART XIV | ReturnReference |
| Explanation | THE PERMANENTLY RESTRICTED ENDOWMENT FUNDS ARE SUBJECT TO DONOR-IMPOSED STIPULATIONS THAT THEY BE MAINTAINED PERMANENTLY BY THE FOUNDATION. THE INCOME FROM THESE FUNDS IS SUBJECT TO DONOR IMPOSED STIPULATIONS THAT THEY BE UTILIZED BY THE FOUNDATION FOR SPECIFIED CHARITABLE ACTIONS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | GEORGE FAYER | NamePerson |
| Base Compensation Filing Org | 165696 | BaseCompensationFilingOrg |
| Total Compensation Filing Org | 165696 | TotalCompensationFilingOrg |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | FORM 990 - ORGANIZATION'S MISSION | SPACE COAST HEALTH FOUNDATION'S (FORMERLY KNOWN AS WUESTHOFF HEALTH SYSTEMS, INC. AND AFFILITATES (WUESTHOFF) PURPOSE IS TO ENHANCE THE HEALTH NEEDS OF THE LOCAL COMMUNITY. WUESTHOFF WAS A COMMUNITY-BASED HEALTHCARE SYSTEM THAT SUPPORTED WUESTHOFF MEMORIAL HOSPITAL, INC. (THE HOSPITAL)AND RELATED WUESTHOFF HEALTH SERVICES. ON OCTOBER 1, 2010 WUESTHOFF SOLD SUBSTANTIALLY ALL ITS ASSETS EXCEPT CASH, RECEIVABLES AND INVESTMENTS. THE PROCEEDS OF THE SALE WILL BE USED TOWARD BENEFITTING THE HEALTH NEEDS OF THE COMMUNITY. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | PRIOR TO FILING THE FORM 990, MANAGEMENT AND ACCOUNTING STAFF REVIEWED THE DRAFT. CFO, MANAGEMENT AND ACCOUNTING PROVIDED COMMENTS. BASED UPON FEEDBACK RECEIVED PRIOR TO FINALIZATION, REVISIONS WERE MADE TO THE RETURN. THE BOARD OF DIRECTORS RECEIVED A FINAL COPY PRIOR TO FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | SPACE COAST HEALTH FOUNDATION HAS ESTABLISHED A CONFLICT OF INTEREST POLICY WHICH HAS BEEN REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE POLICY REQUIRES THE DISCLOSURE OF PARTICIPATION IN ACTIVITIES OR CIRCUMSTANCES THAT MAY PRESENT A CONFLICT OF INTEREST ON AN ANNUAL BASIS OR IF, AT ANY TIME, SUCH INDIVIDUAL BECOMES AWARE OF CIRCUMSTANCES THAT MAY PRESENT A CONFLICT OF INTEREST. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | A HUMAN RESOURCE EXECUTIVE ON BEHALF OF THE BOARD OF DIRECTORS ANNUALLY CONDUCTS AN INDEPENDENT REVIEW OF THE COMPETITIVENESS OF COMPENSATION FOR THE EXECUTIVE TEAM. RECOMMENDATIONS FOR POTENTIAL CHANGES TO SALARIES ARE THEN MADE TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND IMPLEMENTATION AS NECESSARY. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | OFFICERS AND KEY EMPLOYEES COMPENSATION ARE REVIEWED AND SET BASED ON THE COMPETITIVENESS OF COMPENSATION AND RECOMMENDATIONS MADE TO THE BOARD OF DIRECTORS. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | SPACE COAST HEALTH FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICIES AVAILABLE TO THE PUBLIC. THE FOUNDATION'S ARTICLES OF INCORPORATION ARE AVAILABLE ON WWW.SUNBIZ.ORG. THE FORM 990 IS BASED ON THE AUDITED FINANCIAL STATEMENTS OF THE FOUNDATION. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHF NOT-FOR-PROFIT WIND DOWN | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1116 GEIGER STREET | AddressLine1 |
| City | ROCKLEDGE | City |
| State | FL | State |
| ZIP Code | 32955 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 590688798 | EIN |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | false | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Type Of EntityTypeOfEntity | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|
| SCHF FOR-PROFIT WIND-DOWN | |||||||||
| 1116 GEIGER STREET | ROCKLEDGE | FL | 32955 | 593401464 | WIND-DOWN | FL | N/A | C CORP | 1.00000 |
| SCHF PHYSICIAN PRACTICE WIND-DOWN | |||||||||
| 1116 GEIGER STREET | ROCKLEDGE | FL | 32955 | 593398532 | WIND-DOWN | FL | N/A | C CORP | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
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