Redlands Health Foundation
Only 0% goes to programs $0 to raise $100 Strong reserves
Redlands Health Foundation is a 501(c)(3) organization based in Redlands, California, registered in 2001, with $18,254,367 in FY2023 revenue. CharityIndex grades it C, and it directs about 0% of spending to programs.
350 Terracina Blvd, Redlands, CA, 92373 EIN 33-0900937 Since 2001
Revenue (FY2023)
$18.3M
▲ 30.2% vs prior year
Health median: $840K
Expenses (FY2023)
$1.2M
Net assets
$351.8M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →FProgram efficiency40% of the rating0% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Redlands Health Foundation: 0% to programs · $0 to raise $100 earns a F on this criterion. See the exact thresholds →
B+Financial health25% of the rating3501 mo reserves · +93% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Redlands Health Foundation: 3501 mo reserves · +93% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Redlands Health Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Redlands Health Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Redlands health foundation is to support the activities of redlands community hospital by administering funds accumulated in anticipation of future capital needs for property, plant and equipment of the hospital.
Contact & location
- Address
- 350 Terracina Blvd, Redlands, CA, 92373
- City
- Redlands
- State
- California
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $18.7M (FY2013) to $18.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $307KNet assets $351.8M
Operating margin
93.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$352.2M
Total liabilities
$307K
Net assets
$351.8M
Salaries & benefits
$0
0% of expenses
Board members
5
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $18,254,367▲30.2% | $1,205,908▼8.4% | $351,848,843▲19.5% | $352,155,677▲19.2% | 990 |
| 2022 | $14,019,913▼59.9% | $1,316,481▲30.1% | $294,498,895▲13.1% | $295,336,491▲13.2% | 990 |
| 2021 | $34,932,822▲67.7% | $1,012,146▲15.2% | $260,392,480▼15.9% | $260,954,218▼15.8% | 990 |
| 2020 | $20,832,110▲2.3% | $878,635▲53.5% | $309,540,669▲24.4% | $310,102,407▲24.4% | 990 |
| 2019 | $20,365,791▼58.8% | $572,362▼27.0% | $248,767,699▲11.6% | $249,329,437▲11.4% | 990 |
| 2018 | $49,431,158▼29.9% | $783,630▲496% | $222,998,775▲24.1% | $223,723,229▲24.5% | 990 |
| 2017 | $70,488,499▲471% | $131,563▼17.3% | $179,665,623▲49.2% | $179,665,623▲49.2% | 990 |
| 2016 | $12,354,651▲62.2% | $159,055▼4.4% | $120,456,505▲19.9% | $120,456,505▲19.9% | 990 |
| 2015 | $7,618,463▲0.3% | $166,429▼15.7% | $100,477,671▲11.5% | $100,477,671▲11.5% | 990 |
| 2014 | $7,592,307▼59.4% | $197,400▼5.2% | $90,121,170▼2.4% | $90,121,170▼2.4% | 990 |
| 2013 | $18,680,402 | $208,213▲62.7% | $92,355,325▲28.7% | $92,355,325▲28.7% | 990 |
| 2012 | — | $127,938▲1.1% | $71,781,594▲10.4% | $71,781,594▲10.4% | 990 |
| 2011 | — | $126,504▲9.7% | $65,033,510▲38.5% | $65,033,510▲38.5% | 990 |
| 2010 | — | $115,293▲4.3% | $46,963,659▼1.5% | $46,963,659▼1.5% | 990 |
| 2009 | — | $110,543 | $47,660,739 | $47,660,739 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Carol Snodgress | Director | 1 | — |
| James Holmes | Secretary | 1 | — |
| Neal Warner | Chairman | 1 | — |
| William D Hatfield | Director | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Sei Investments Company | Investment Management | $1,354,489 |
Grants received · $124.6M total
7 grants to Redlands Health Foundation totaling $124.6M, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Redlands Community Hospital | Financial support | 2023 | $561,738 |
| Redlands Community Hospital | Capital investment | 2020 | $10,000,000 |
| Redlands Community Hospital | Capital investment | 2019 | $12,000,000 |
| Redlands Community Hospital | Capital investment | 2018 | $38,000,000 |
| Redlands Community Hospital | Capital investment | 2017 | $52,000,000 |
| Redlands Community Hospital | Capital investment | 2016 | $8,000,000 |
| Redlands Community Hospital | Capital investment | 2015 | $4,000,000 |
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Frequently asked questions
- Is Redlands Health Foundation a legitimate nonprofit?
- Yes. Redlands Health Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 33-0900937, based in Redlands, California. Donations are tax-deductible.
- What is Redlands Health Foundation's EIN?
- Redlands Health Foundation's Employer Identification Number (EIN) is 33-0900937.
- How much revenue does Redlands Health Foundation report?
- Redlands Health Foundation reported $18,254,367 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Redlands Health Foundation's spending goes to programs?
- Redlands Health Foundation spends about 0% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Redlands Health Foundation have?
- CharityIndex grades Redlands Health Foundation C, based on program efficiency and fundraising cost.
- How much does Redlands Health Foundation's highest-paid employee make?
- The highest reported compensation on Redlands Health Foundation's latest Form 990 is $0, paid to Carol Snodgress (Director).
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Data for Redlands Health Foundation (EIN 33-0900937) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.