2023-10-09T08:20:47-05:00 2022-12-31 340677006 MALONEY NOVOTNY LLC 1111 SUPERIOR AVE SUITE 700 CLEVELAND OH 441142540 990 2022-01-01 346607695 THE METROHEALTH FOUNDATION INC METR 2167785665 2500 METROHEALTH DRIVE CLEVELAND OH 441091998 KATE L BROWN DIRECTOR 2167785665 2023-10-03 1 KATE BROWN 999009999 0 CHRISTOPHER B ANDERSON P00226559 2163630100 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KATE L BROWN 2500 METROHEALTH DRIVE CLEVELAND OH 441091998 21581666 0 X HTTP://DONATE.METROHEALTH.ORG X 1956 OH THE METROHEALTH FOUNDATION, INC. SEEKS TO SUPPORT THE METROHEALTH SYSTEM BY COORDINATING FUND RAISING AND IMPLEMENTING PHILANTHROPIC ACTIVITIES THAT HELP METROHEALTH LEAD THE WAY TO A HEALTHIER COMMUNITY THROUGH SERVICE, TEACHING, DISCOVERY AND TEAMWORK. 35 35 0 50 0 0 10379510 12171468 91811 176549 10768436 1235683 -4665 -367071 21235092 13216629 10021557 8985549 0 0 0 0 0 0 1130778 812086 1486721 10833643 10472270 10401449 2744359 88791792 77881410 1019895 1029347 87771897 76852063 X THE METROHEALTH FOUNDATION, INC. SEEKS TO SUPPORT THE METROHEALTH SYSTEM BY COORDINATING FUND RAISING AND IMPLEMENTING PHILANTHROPIC ACTIVITIES THAT HELP METROHEALTH LEAD THE WAY TO A HEALTHIER COMMUNITY THROUGH SERVICE, TEACHING, DISCOVERY AND TEAMWORK. 0 1 8985549 8985549 176549 SEE SCHEDULE OTHE METROHEALTH FOUNDATION SUPPORTS PATIENT CARE, EDUCATION AND RESEARCH ACTIVITIES OF THE METROHEALTH SYSTEM (MHS). MHS, CUYAHOGA COUNTY'S PUBLIC HEALTH SYSTEM, IS HONORING ITS COMMITMENT TO CREATE A HEALTHIER COMMUNITY BY BUILDING A NEW HOSPITAL ON ITS MAIN CAMPUS IN CLEVELAND, WHICH IS CATALYZING THE REVITALIZATION OF METROHEALTH'S WEST SIDE NEIGHBORHOOD. METROHEALTH BROKE GROUND ON THE NEW HOSPITAL IN 2019, USING NEARLY $1 BILLION IT BORROWED ON ITS OWN CREDIT AFTER DRAMATICALLY IMPROVING ITS FINANCES. TODAY, ITS STAFF OF MORE THAN 8,000 PROVIDES CARE AT METROHEALTH'S FOUR HOSPITALS, FOUR EMERGENCY DEPARTMENTS AND MORE THAN 20 HEALTH CENTERS AND 40 ADDITIONAL SITES THROUGHOUT CUYAHOGA COUNTY. IN THE PAST YEAR, METROHEALTH HAS SERVED 300,000 PATIENTS AT MORE THAN 1.4 MILLION VISITS IN ITS HOSPITALS AND HEALTH CENTERS, TWO-THIRDS OF WHOM ARE UNINSURED OR COVERED BY MEDICARE OR MEDICAID. THE HEALTH SYSTEM IS HOME TO CUYAHOGA COUNTY'S MOST EXPERIENCED LEVEL I ADULT TRAUMA CENTER, VERIFIED SINCE 1982, AND OHIO'S ONLY ADULT AND PEDIATRIC TRAUMA AND BURN CENTER. AS AN ACADEMIC MEDICAL CENTER, METROHEALTH IS COMMITTED TO TEACHING AND RESEARCH. EACH ACTIVE STAFF PHYSICIAN HOLDS A FACULTY APPOINTMENT AT CASE WESTERN RESERVE UNIVERSITY SCHOOL OF MEDICINE AND ITS MAIN CAMPUS HOSPITAL HOUSES A CLEVELAND METROPOLITAN SCHOOL DISTRICT HIGH SCHOOL OF SCIENCE AND HEALTH. FOR MORE INFORMATION, VISIT METROHEALTH.ORG. 8985549 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 23 0 1 0 0 1 CJ 0 0 0 1 1 0 0 0 0 0 0 X 35 35 1 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 AL AK AR CA CO CT DC FL GA IL KS KY ME MD MA MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X KATE L BROWN 2167785665 2500 METROHEALTH DRIVE CLEVELAND OH 44109 X NICHOLAS ALEXANDER DIRECTOR 1.00 X 0 0 0 AKRAM BOUTROS MD FACHE DIRECTOR / OFFICER 4.00 X X 0 0 0 JASON BRISTOL DIRECTOR / OFFICER 4.00 X X 0 0 0 JAMES CAHOON DIRECTOR 1.00 X 0 0 0 JOHN CHAE MD DIRECTOR 1.00 X 0 0 0 RACHEL CIOMCIA DIRECTOR 1.00 X 0 0 0 JEFFREY A CLARIDGE MD DIRECTOR 1.00 X 0 0 0 ALFRED F CONNORS JR MD DIRECTOR 1.00 X 0 0 0 WILLIAM CLAWSON DIRECTOR 1.00 X 0 0 0 JADE DAVIS DIRECTOR 1.00 X 0 0 0 MIGUEL DE GRACIA DIRECTOR / OFFICER 4.00 X X 0 0 0 MAUREEN DEE DIRECTOR 1.00 X 0 0 0 ROBERT A DURHAM DIRECTOR 1.00 X 0 0 0 ERIC FIALA DIRECTOR 1.00 X 0 0 0 RICHARD B FRATIANNE MD DIRECTOR 1.00 X 0 0 0 JAMES R GEUTHER DIRECTOR 1.00 X 0 0 0 JOANN GLICK DIRECTOR 1.00 X 0 0 0 BERRY GRANT DIRECTOR 1.00 X 0 0 0 JOHN GRECH DIRECTOR 1.00 X 0 0 0 KEVIN GROBELNY DIRECTOR 1.00 X 0 0 0 JON GROZA DIRECTOR / OFFICER 4.00 X X 0 0 0 LEE ANN HOWARD DIRECTOR / OFFICER 4.00 X X 0 0 0 JENNIFER HURD DIRECTOR / OFFICER 4.00 X X 0 0 0 ANTHONY JONES DIRECTOR 1.00 X 0 0 0 MARK JONES DIRECTOR 1.00 X 0 0 0 BRENDA K KIRK DIRECTOR 1.00 X 0 0 0 MELISSA KLINE DIRECTOR 1.00 X 0 0 0 COLLIN K KNISELY DIRECTOR 1.00 X 0 0 0 RICARDO LEON DIRECTOR 1.00 X 0 0 0 MARCY LEVY SHANKMAN DIRECTOR / OFFICER 4.00 X X 0 0 0 JAY LUCARELLI DIRECTOR 1.00 X 0 0 0 JIM MISAK MD DIRECTOR 1.00 X 0 0 0 HEIDI PETZ DIRECTOR 1.00 X 0 0 0 JONATHAN PRESSNELL DIRECTOR / OFFICER 4.00 X X 0 0 0 ANA RODRIGUEZ DIRECTOR 1.00 X 0 0 0 PAMELA E SMITH DIRECTOR 1.00 X 0 0 0 ROB SOROKA DIRECTOR / OFFICER 4.00 X X 0 0 0 AIRICA STEED DIRECTOR / OFFICER 1.00 X X 0 0 0 SALLY STEWART DIRECTOR 1.00 X 0 0 0 GEORGE SULLIVAN DIRECTOR 1.00 X 0 0 0 GARETH D VAUGHAN DIRECTOR/OFFICER 10.00 X X 0 0 0 JACKE WIEDEMER DIRECTOR 1.00 X 0 0 0 SHERRIE D WILLIAMS MD DIRECTOR 1.00 X 0 0 0 AARON WITWER DIRECTOR 1.00 X 0 0 0 ALAN ZANG DIRECTOR / OFFICER 4.00 X X 0 0 0 KATE BROWN OFFICER 20.00 X 0 0 0 MICHELLE WOOD OFFICER 20.00 X 0 0 0 0 0 0 0 0 0 0 THALER PEKAR & PARTNERS LLC 920 HUDSON ST STE 5A HOBOKEN NJ 07030 VIDEOGRAPHY SERVICES 106347 1 5995 824253 85933 11255287 17762 12171468 EDUCATIONAL PROGRAMS 900099 176549 176549 176549 1230465 1230465 7758063 7752845 5218 5218 5218 245121 824253 612192 -367071 -367071 13216629 176549 0 868612 8985549 8985549 71920 9475 62445 137582 137582 89554 89554 286140 4869 281271 5082 1318 3764 3397 281 3116 8730 1978 6752 53081 53081 EVENT PRODUCTION 350818 350818 CATERING/FOOD 198781 10483 188298 CONSULTING/CONTRACTS EX 166902 5925 160977 PRINTING 26747 142 26605 87987 41255 46732 10472270 8985549 355943 1130778 2453363 4368876 5277768 5124411 46310 0 25628 25628 0 0 74074340 61860946 6556500 6167205 383511 359972 88791792 77881410 27880 67180 667574 656636 960 0 323481 305531 1019895 1029347 X 31957051 24510142 55814846 52341921 87771897 76852063 88791792 77881410 2744359 -13664193 0 X 0 1 X 1 0 X 7774625 7259900 13212523 10379510 12171468 50798026 2309991 2344345 2381192 2631510 3583572 13250610 10084616 9604245 15593715 13011020 15755040 64048636 2728352 61320284 1056153 1232078 1067035 1026899 1230465 5612630 4949 4949 69666215 1157419 0.88020 0.84310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33859513 791682 -4804282 467162 29379751 29500480 1967082 2911703 519752 33859513 28536499 718667 2067072 1821758 29500480 23841297 1488804 3524177 317779 28536499 23250350 2120073 -1063327 465799 23841297 0.07804 0.64534 0.27662 0 0 25628 25628 0 0 HATTERAS M-S TEI INST.FUND,LP 93246 F CLOSELY HELD STOCK 1000 C MAVERICK FUND 2605165 F BLACK DIAMOND FUND 3467794 F 6167205 ANNUITY PAYMENT LIABILITY 305531 305531 X 3087964 -13664193 3625082 -10039111 13127075 89554 89554 13216629 14007798 3625082 3625082 10382716 89554 89554 10472270 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS: ENDOWMENT FUNDS ARE HELD IN PERPETUITY AND THE INCOME DERIVED FROM ENDOWED ASSETS IS AVAILABLE FOR EXPENDITURES THAT FURTHER THE MISSION OF THE METROHEALTH SYSTEM. PART X, LINE 2: FIN 48/ASC 740 FOOTNOTE: THE FASB PROVIDES GUIDANCE FOR HOW UNCERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED, AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX RETURN POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE LIKELY THAN NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. FOR THE YEAR ENDED DECEMBER 31, 2022 AND 2021, MANAGEMENT HAS DETERMINED THERE ARE NO UNCERTAIN TAX POSITIONS. GANNON GOLF OUTING 58646 43455 15191 6285 11794 4596 GALA 1010728 780798 229930 28128 96910 6400 458079 1069374 824253 245121 34413 108704 6400 462675 612192 -367071 1 THE METROHEALTH SYSTEM 2500 METROHEALTH DRIVE CLEVELAND OH 44109 346004282 115 8328475 0 FMV MEDICAL DIGITALC 6815 EUCLID AVE CLEVELAND OH 44103 811731053 501(C)(3) 190852 0 DIGITAL CONNECTIVITY CCH DEVELOPMENT 2500 METROHEALTH DRIVE CLEVELAND OH 44109 844064088 501(C)(3) 466222 0 HOSPITAL IN A PARK PLANNING 3 PART I, LINE 2: MONITORING USE OF GRANT FUNDS: ALL REQUESTS FROM THE METROHEALTH SYSTEM FOR FUNDS ARE RECEIVED BY THE FOUNDATION WITH A DETAILED NARRATIVE AND LISTING OF EXPENSES INCURRED. THE FOUNDATION REVIEWS THE REQUEST TO ENSURE THAT ALL EXPENSES FALL WITHIN THE GUIDELINES OF THE GRANT. ONCE ALL APPROVALS ARE OBTAINED, THE DISBURSEMENT PROCESS BEGINS. FORM 990, PART III, LINE 3 THE FOUNDATION HAD PREVIOUSLY SERVED AS THE FISCAL AGENT FOR CONTINUING MEDICAL EDUCATION ACTIVITIES FOR THE METROHEALTH SYSTEM. AT THE END OF 2022, THE FOUNDATION TRANSFERRED THE ACTIVITY AND THE FUND BALANCES TO METROHEALTH SYSTEM. FORM 990, PART VI, SECTION A, LINE 2 REPORTABLE RELATIONSHIPS: MICHELLE WOOD AND MIGUEL DE GARCIA HAVE A BUSINESS RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A ELECTION OF THE GOVERNING BODY: THE FOUNDATION HAS DIRECTORS THAT ELECT THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B APPROVAL OF DECISIONS OF GOVERNING BODY: THE BOARD HAS SEPARATE COMMITTEES RESPONSIBLE FOR THE FINANCIAL OVERSIGHT, INVESTMENT OF FOUNDATION ASSETS, COMPLIANCE, AND FINANCIAL AND FISCAL OVERSIGHT (FINANCE AND INVESTMENT COMMITTEE); BOARD RECRUITMENT (NOMINATING AND BOARD DEVELOPMENT COMMITTEE). THE EXECUTIVE COMMITTEE (MADE UP OF OFFICERS AND ELECTED MEMBERS OF THE BOARD) MAY EXERCISE THE POWERS OF THE BOARD OF DIRECTORS BETWEEN MEETINGS AND SHALL PERFORM SUCH DUTIES AS MAY BE DELEGATED BY THE BOARD OF DIRECTORS. THESE COMMITTEES ARE RESPONSIBLE FOR TAKING APPROPRIATE ACTION ON THE VARIOUS SUBJECTS AND FOR RECOMMENDING AND REPORTING ACTIONS TAKEN TO THE FULL BOARD FOR RATIFICATION IN ALL MATERIAL CASES. IF ACTIONS BEING RECOMMENDED ARE COMPLEX, TYPICALLY THE ACTION IS NOT IMPLEMENTED UNTIL THE FULL BOARD OR EXECUTIVE COMMITTEE OF THE BOARD HAS REVIEWED AND RATIFIED THE DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW: THE FINANCE AND INVESTMENT COMMITTEE OF THE METROHEALTH FOUNDATION IS CHARGED WITH THE RESPONSIBILITY OF REVIEWING AND APPROVING FORM 990 PRIOR TO ITS SUBMISSION. AN ELECTRONIC COPY AND/OR HARD COPY IS PROVIDED TO THE MEMBERS OF THE COMMITTEE AND IS REVIEWED IN DEPTH AT A FORMAL MEETING OF THE COMMITTEE MEMBERS. THE FINANCE AND INVESTMENT COMMITTEE APPROVES A MOTION TO SEND THE APPROVED FORM TO THE FULL BOARD OF THE METROHEALTH FOUNDATION. THE APPROVED FORM IS DISTRIBUTED ELECTRONICALLY AND/OR BY HARD COPY TO THE FULL BOARD MEMBERSHIP FOLLOWING THE REVIEW AND APPROVAL BY THE FINANCE AND INVESTMENT COMMITTEE. ANY QUESTIONS OR COMMENTS ARE RESOLVED PRIOR TO THE FILING OF FORM 990. ALL MEMBERS OF THE BOARD OF DIRECTORS ARE OBLIGATED TO REVIEW FORM 990. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 PROVIDED TO THE GOVERNING BODY: THE FOUNDATION HAS DISTRIBUTED FORM 990 TO THE FULL BOARD OF DIRECTORS WITH THE EXCEPTION OF DONOR INFORMATION ON SCHEDULE B. BECAUSE OF SCHEDULE B'S PRIVATE AND CONFIDENTIAL NATURE, THE FOUNDATION HAS CHOSEN TO NOT SHARE THAT INFORMATION WITH THE BOARD, INCLUDING MEMBERS OF THE FINANCE AND INVESTMENT COMMITTEE. AS SUCH, WE ARE REQUIRED TO ANSWER "NO" TO THE QUESTION ON 11A EVEN THOUGH A COPY OF FORM 990 (WITH REDACTED DONOR INFORMATION ON SCHEDULE B) WAS PROVIDED TO THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C MONIORING AND ENFORCEMENT OF CONFLICT POLICY: ANNUALLY, BOARD MEMBERS MUST DISCLOSE THEIR BUSINESS AND FAMILY RELATIONSHIPS. THIS INFORMATION IS DOUBLE-CHECKED TO ENSURE THAT THERE ARE NO UNDISCLOSED CONFLICTS IN CARRYING OUT THE BOARD MEMBERS' RESPONSIBILITIES/DUTIES. THE INFORMATION IS UPDATED ANNUALLY BY EACH BOARD MEMBER. THE PRESIDENT ALSO MONITORS COMPANIES THAT THE FOUNDATION DOES BUSINESS WITH AND CONFIRMS DISCLOSURE OF BOARD MEMBERS' RELATIONSHIPS WITH THAT BUSINESS. ALSO, TO THE BEST OF OUR KNOWLEDGE, THERE ARE NO KNOWN OFFICER CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW AND APPROVAL: THE METROHEALTH SYSTEM PAYS THE SALARIES AND BENEFITS OF THE HOSPITAL STAFF WHO ADMINISTER THE METROHEALTH FOUNDATION. THIS IS RECORDED AS AN IN-KIND CONTRIBUTION FROM THE METROHEALTH SYSTEM, ALONG WITH THE CORRESPONDING EXPENSE ON THE FOUNDATION'S FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS: DOCUMENTS ARE PROVIDED UPON REQUEST AND/OR AS REQUESTED THROUGH A GRANT APPLICATION OR STATE REGISTRATION PROCESS. METROHEALTH FOUNDATION INVESTMENTS LLC 2500 METROHEALTH DRIVE CLEVELAND OH 44109 451625493 INVESTING OH 0 0 MHF