2023-11-14T14:56:41-06:00 2022-12-31 BDO USA 8401 GREENSBORO DRIVE 800 MCLEAN VA 22102 990 2022-01-01 541604094 Centra Health Foundation % TIM FRITZ CENT 4342004712 1920 Atherholt Road Lynchburg VA 24501 ELIZABETH DOYLE EXEC VP 4342004712 2023-11-14 true ELIZABETH DOYLE 999009999 Marc Berger P01871563 7038930600 2023-11-13 2 2022 2023-04-26 12:10:37Z Elizabeth Doyle 1920 Atherholt Road Lynchburg VA 24501 83967400 false X WWW.FOUNDATION.CENTRAHEALTH.COM X 1991 VA TO PROVIDE SUPPORT TO THE CENTRA HEALTHCARE SYSTEM. 24 20 8 24 0 0 3093562 2519937 0 0 18822748 1509608 -7056 -4380 21909254 4025165 3040169 5564517 0 0 749132 838517 0 0 189689 796448 755294 4585749 7158328 17323505 -3133163 92633711 80725571 796067 5331511 91837644 75394060 X SEE SCHEDULE O. false false 5564517 5564517 SEE SCHEDULE O. 5564517 true true false false false false false false false true true true false false true true false true false false false false false false true false false true true true false false false false false false false false false false false false false true false false false true 5 0 true 8 true false false false false false true true false false false false false false X 24 20 true false false false true true true true true false false true true true true true true true false false VA X TIM FRITZ 4342002578 1920 ATHERHOLT ROAD LYNCHBURG VA 24501 Amy Carrier PRESIDENT/CEO 2.0 54.0 X X 0 1095007 261239 Doug Davenport Treasurer 2.0 54.0 X X 0 926896 142046 Elizabeth Doyle Executive Vice President 50.0 0.0 X X 264471 0 47346 Winifred Winnie Agard MD Director 2.0 40.0 X 0 247221 53590 Allison Ebert DIRECTOR OF FDN. DEVELOPMENT 40.0 0.0 X 100174 0 15123 Carolyn W Jacques Chairman 2.0 50.0 X X 0 0 0 George A Hurt MD Vice-Chairman 2.0 50.0 X X 0 0 0 Robert R Chapman III Director 2.0 0.0 X 0 0 0 Thomas Delaney MD Director 2.0 0.0 X 0 0 0 Michael J Diminick MD Director 2.0 0.0 X 0 0 0 MaryJane Dolan Director 2.0 0.0 X 0 0 0 James Jim Dunstan MD Director 2.0 0.0 X 0 0 0 H Cap Eschenroeder MD Director 2.0 0.0 X 0 0 0 Paul F Fitzgerald MD Director 2.0 0.0 X 0 0 0 John J Halpin MD -res0221 Director 2.0 0.0 X 0 0 0 David Herrick - res 0921 Director 2.0 0.0 X 0 0 0 Janet HickmanMD Director 2.0 0.0 X 0 0 0 Yuille Holt III Director 2.0 0.0 X 0 0 0 Lee Pfeiffer-term ended 1221 Director 2.0 0.0 X 0 0 0 Augustus A Petticolas DDS Director 2.0 0.0 X 0 0 0 Amy Ray - res 1221 Director 2.0 0.0 X 0 0 0 John H Sorrells III Director 2.0 0.0 X 0 0 0 Pavan Thallapragada Director 2.0 0.0 X 0 0 0 Charles B White Director 2.0 0.0 X 0 0 0 Darryl D Whitesell Director 2.0 0.0 X 0 0 0 364645 2269124 519344 2 false true false 0 286839 2233098 2519937 0 2496346 2496346 0 0 0 0 0 78901372 79888110 -986738 -986738 -986738 49745 286839 54125 -4380 -4380 0 0 0 0 0 0 0 4025165 0 1505228 5466767 5466767 97750 97750 0 0 311817 311817 0 375696 277046 98650 0 151004 113253 37751 0 32500 24375 8125 7119 5339 1780 18000 13500 4500 0 0 542140 542140 77636 58227 19409 2949 2212 737 56756 42567 14189 0 0 5445 4084 1361 12749 9562 3187 0 0 0 0 0 0 7158328 5564517 1404122 189689 804975 514731 0 0 670507 386271 0 0 0 0 0 0 0 0 0 0 0 0 903038 903038 903038 61816664 56378481 28438527 22522891 0 0 0 0 0 20159 92633711 80725571 42524 33250 0 0 0 0 0 0 0 0 0 0 0 0 0 0 753543 5298261 796067 5331511 X 3186618 2254430 88651026 73139630 91837644 75394060 92633711 80725571 -3133163 -13310421 X false true X true false X X X 1 CENTRA HEALTH INC 540715569 3 true 5466767 0 1 5466767 0 false false false false false false false false false false false false false false false true true SCHEDULE A, PART I, LINE 12G ALL SUPPORT PROVIDED BY CENTRA HEALTH FOUNDATION AND REPORTED IN COLUMN (V) IS FOR THE BENEFIT OF CENTRA HEALTH, INC., ITS SUPPORTED ORGANIZATION. THE SUPPORT PROVIDED TO THE COMMUNITY ORGANIZATIONS LISTED FURTHERS THE TAX-EXEMPT MISSION OF CENTRA HEALTH, INC. SCHEDULE A, PART IV, LINE 1 CENTRA HEALTH, INC IS THE SUPPORTED ORGANIZATION LISTED BY NAME IN THE GOVERNING DOCUMENTS OF CENTRA HEALTH FOUNDATION. ALL OTHER SUPPORTED ORGANIZATIONS ARE DESIGNATED BY THE PURPOSE FOR WHICH THEY APPLY FOR SUPPORT FROM CENTRA HEALTH FOUNDATION. ALL SUPPORT IS GIVEN FOR THE PURPOSE OF PROVIDING HEALTHCARE AND COMMUNITY SUPPORT TO THE CENTRAL VIRGINIA REGION. SCHEDULE A, PART IV, SECTION B, LINE 2 SEE NARRATIVE FOR SCHEDULE A, PART I, LINE 12G ABOVE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53859047 -9550803 1113246 43194998 50572312 99234 4768318 1580817 53859047 46545445 4629009 602142 50572312 40638261 6541083 633899 46545445 44759553 250000 -3688592 682700 40638261 0.00000 0.67520 0.32480 false false 903038 903038 903038 PERPETUAL TRUSTS 22522891 F 22522891 0 DUE TO AFFILIATED ENTITY 5298261 5298261 X SCHEDULE D, PART V, LINE 4 THE FOUNDATION'S ENDOWMENT CONSISTS OF APPROXIMATELY 45 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. THE ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE FOUNDATION'S BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. AS REQUIRED BY U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE FOUNDATION'S BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE FOUNDATION MUST HOLD IN PERPETUITY AS WELL AS BOARD-DESIGNATED FUNDS. UNDER THIS POLICY, AS APPROVED BY THE FOUNDATION'S BOARD OF DIRECTORS, THE ENDOWMENT ASSETS ARE INVESTED IN A MANNER THAT IS INTENDED TO PRODUCE RESULTS THAT EXCEED THE PRICE AND YIELD RESULTS OF THE S&P 500 INDEX WHILE ASSUMING A MODERATE LEVEL OF INVESTMENT RISK. THE FOUNDATION EXPECTS ITS ENDOWMENT FUNDS, OVERTIME, TO PROVIDE AN AVERAGE RATE OF RETURN ON EQUITY INVESTMENTS OF 6% AND A FIXED INCOME YIELD OF 2% ANNUALLY. ACTUAL RETURNS IN ANY GIVEN YEAR MAY VARY FROM THIS AMOUNT. SCHEDULE D, PART X, LINE 2 ACCORDING TO CENTRA HEALTH, INC.'S CONSOLIDATED 2022 AUDIT REPORT. CENTRA HEALTH, INC., CCRC, INC., CENTRA HEALTH FOUNDATION, SOUTHSIDE COMMUNITY HOSPITAL, INC., AND BEDFORD MEMORIAL HOSPITAL ARE TAX-EXEMPT FROM INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAXES HAVE BEEN PROVIDED FOR THESE ENTITIES IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS EXCEPT FOR TAXES RELATED TO CERTAIN UNRELATED BUSINESS INCOME ENGAGED IN BY CENTRA. CENTRA HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2022. CENTRA BELIEVED THEY ARE NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO DECEMBER 31, 2019. NA false IN-PERSON GALA 245055 207160 37895 275 18372 6500 19055 LUNCHEON 24215 20155 4060 1615 3542 1206 4 67314 59524 7790 520 1992 906 142 336584 286839 49745 520 3882 22820 6500 20403 54125 -4380 false CENTRA HEALTH INC 1920 ATHERHOLT ROAD LYNCHBURG VA 24501 540715569 501(C)(3) 5407519 See Part IV BEDFORD MEMORIAL HOSPITAL 1613 OAKWOOD STREET BEDFORD VA 24523 540566100 501(C)(3) 58333 PROVIDE FINANCIAL SUPPORT TO HOSPITAL 2 Centra College of Nursing SCHOLARSHIPS 126 97750 SCHEDULE I, PART I, LINE 2 NO COMMUNITY GRANT PROGRAM IN 2022 REQUIRED PROCEDURES FOR MONITORING THE USE OF FUNDS. ENTITIES WERE ALL RELATED. SCHEDULE I, PART II, LINE 1, COLUMN (H) Provide financial support to Centra Health, Fund indigent patient care at Centra Health facilities, and provide equipment and facilities funding to Centra Health. false true false false false false false false false Amy Carrier PRESIDENT/CEO 0 760606 0 167055 0 167346 0 230800 0 30439 0 1356246 0 0 Doug Davenport Treasurer 0 540095 0 306377 0 80424 0 119360 0 22686 0 1068942 0 0 Elizabeth Doyle Executive Vice President 206364 0 36172 0 21935 0 18904 0 28442 0 311817 0 0 0 Winifred Winnie Agard MD Director 0 189639 0 36701 0 20881 0 2318 0 51272 0 300811 0 0 SCHEDULE J, PART I, LINE 3: UNDER A MANAGEMENT AGREEMENT WITH CENTRA HEALTH, INC., THE ORGANIZATION'S EXECUTIVE DIRECTOR'S COMPENSATION IS ESTABLISHED IN ACCORDANCE WITH CENTRA HEALTH'S EXECUTIVE COMPENSATION PRACTICES WHICH INCLUDE THE USE OF A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT(S) & COMPENSATION STUDY OR SURVEY. SCHEDULE J, PART I, LINE 4B: NO INDIVIDUALS RECEIVED A PAYOUT FROM A NONQUALIFIED RETIREMENT PLAN DURING FY 2022. THE FOLLOWING INDIVIDUALS HAD AMOUNTS DEFERRED INTO A NONQUALIFIED RETIREMENT PLAN DURING FY 2022. NAME TITLE AMOUNT OF DEFERRAL AMY CARRIER PRESIDENT/CEO 221,650 DOUGLAS DAVENPORT SVP CFO (A RELATED PARTY) 110,210 FORM 990, PART III, LINE 1 CENTRA HEALTH IS A NOT-FOR-PROFIT COMMUNITY HEALTH SYSTEM AND RELIES ON FUNDRAISING. THE MISSION OF THE CENTRA HEALTH FOUNDATION IS TO DEVELOP AND DIRECT RESOURCES FOR THE SUPPORT OF CENTRA HEALTH. THE MAJOR OBJECTIVES OF THE FOUNDATION ARE TO: 1. SPONSOR CENTRA HEALTH, INC. PROJECTS, PROGRAMS AND ACTIVITIES WHICH ADDRESS COMMUNITY HEALTH NEEDS. 2. DEVELOP RESOURCES TO SUPPORT PATIENTS AT CENTRA HEALTH WHO CANNOT AFFORD CARE. 3. ASSIST CENTRA HEALTH, INC. IN PROVIDING THE EQUIPMENT AND FACILITIES NECESSARY TO ASSURE EXCELLENT HEALTHCARE TO ITS PATIENTS. 4. PROVIDE SCHOLARSHIPS FOR CENTRA COLLEGE STUDENTS AND CONTINUING EDUCATIONAL SUPPORT FOR CENTRA HEALTH CAREGIVERS. FORM 990, PART III, LINE 4A THE CENTRA HEALTH FOUNDATION HAS MADE A WIDE RANGE OF CONTRIBUTIONS TOWARD THE HEALTH CARE NEEDS OF OUR REGION. FUNDS RAISED IN 2022 TO SUPPORT CENTRA HEALTH, INC. IN CONTINUING TO PROVIDE QUALITY HEALTHCARE TO THE COMMUNITY WERE: A - SUPPORT CENTRA HEALTH PROJECTS, PROGRAMS AND ACTIVITIES WHICH ADDRESS COMMUNITY HEALTH NEEDS. FOR THE YEAR ENDING 12/31/2022 THE FOUNDATION PROVIDED $4,720,422 IN SUPPORT TO CENTRA HEALTH, INC. B - DEVELOP RESOURCES OF $682,309 TO SUPPORT PATIENTS AT CENTRA HEALTH, INC. WHO CANNOT AFFORD CARE IN 2022. C - ASSIST CENTRA HEALTH, INC. BY PROVIDING EQUIPMENT AND FACILITIES FUNDING OF $161,786 IN 2022. Form 990 Part VI, Section A, Line 2 BOARD MEMBERS AUGUSTUS A. PETTICOLAS, DDS AND ROBERT R. CHAPMAN, III HAVE A BUSINESS RELATIONSHIP. FORM 990 PART VI, SECTION A, LINE 6 CENTRA HEALTH, INC. IS THE SOLE MEMBER CORPORATION OF CENTRA HEALTH FOUNDATION. FORM 990 PART VI, SECTION A, LINE 7A CENTRA HEALTH, INC. IS THE SOLE MEMBER CORPORATION OF CENTRA HEALTH FOUNDATION AND HAS THE POWER TO ELECT THE BOARD OF DIRECTORS OF CENTRA HEALTH FOUNDATION'S GOVERNING BODY. FORM 990 PART VI, SECTION A, LINE 7B CENTRA HEALTH, INC. IS THE SOLE MEMBER CORPORATION OF CENTRA HEALTH FOUNDATION AND HAS THE POWER TO APPROVE DECISIONS MADE BY CENTRA HEALTH FOUNDATION'S GOVERNING BODY. FORM 990 PART VI, SECTION B, LINE 11B THE RETURN WAS PREPARED BY AN INDEPENDENT ACCOUNTANT WITH ASSISTANCE AND OVERSIGHT BY MANAGEMENT. COPIES OF THE FORM 990 WERE PROVIDED TO ALL VOTING MEMBERS OF THE BOARD OF DIRECTORS AND ANY QUESTIONS RAISED BY THE BOARD OF DIRECTORS HAVE BEEN ADDRESSED. FORM 990 PART VI, SECTION B, LINE 12C ALL CENTRA OFFICERS AND DIRECTORS MUST COMPLETE A "POSSIBLE CONFLICT OF INTEREST" QUESTIONNAIRE ON AN ANNUAL BASIS, CERTIFYING THAT NEITHER THEY NOR ANY OF THEIR IMMEDIATE FAMILY MEMBERS HAVE ENGAGED IN ANY ACTIVITIES THAT COULD LEAD TO A POTENTIAL CONFLICT OF INTEREST. ADDITIONALLY, ALL OFFICERS AND DIRECTORS MUST AGREE TO PROMPTLY REPORT ANY POTENTIAL CONFLICTS OF INTEREST THAT ARISE DURING THE YEAR TO THE PRESIDENT OR CHAIRMAN OF CENTRA HEALTH, INC.'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, LINE 15B WAS ANSWERED AS "NO", HOWEVER, UNDER A MANAGEMENT AGREEMENT WITH CENTRA HEALTH, INC., A RELATED PARTY, THE ORGANIZATION'S EXECUTIVE VICE PRESIDENT'S COMPENSATION IS ESTABLISHED IN ACCORDANCE WITH CENTRA HEALTH'S EXECUTIVE COMPENSATION PRACTICES WHICH INCLUDE THE USE OF A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT(S), AND COMPENSATION STUDY OR SURVEY. FORM 990 PART VI, SECTION C, LINE 18 PHOTOCOPIES OF THE ORGANIZATION'S FORM 1023 AND RECENT FILINGS OF THE FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADMINISTRATIVE OFFICE. ADDITIONALLY, FILINGS OF THE FORM 990 CAN ALSO BE FOUND ONLINE AT WWW.GUIDESTAR.ORG. FORM 990 PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES PHOTOCOPIES OF ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AT ITS ADMINISTRATIVE OFFICE UPON REQUEST. CENTRA HEALTH INC 1920 ATHERHOLT ROAD LYNCHBURG VA 24501 540715569 HEALTHCARE VA 501(C)(3) 3 NA false SOUTHSIDE COMMUNITY HOSPITAL INC 800 OAK STREET FARMVILLE VA 23901 540555201 HEALTHCARE VA 501(C)(3) 3 NA false CCRC INC 1920 ATHERHOLT ROAD LYNCHBURG VA 24501 541929580 CONTINUING CA VA 501(C)(3) 12A NA false BEDFORD MEMORIAL HOSPITAL 1613 OAKWOOD STREET BEDFORD VA 24523 540566100 HEALTHCARE VA 501(C)(3) 3 NA false NONE GENERAL BUSINESS CONCERNS INC 1920 ATHERHOLT ROAD LYNCHBURG VA 24501 541299682 REAL ESTATE-P VA NA C CORP 0 0 false PCHP HOLDING INC 2316 ATHERHOLT ROAD LYNCHBURG VA 24501 541749492 HOLDING COMPA VA NA C Corp 0 0 false PIEDMONT COMMUNITY HEALTH PLAN INC 2316 ATHERHOLT ROAD LYNCHBURG VA 24501 541755768 HEALTH INSURA VA NA C Corp 0 0 false false true true false false false false false false false true false false false false true true false false