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HEALTHCARE INITIATIVE FOUNDATION

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Public IRS 990 nonprofit record

HEALTHCARE INITIATIVE FOUNDATION

EIN 23-7324576 · Health Care (E120)

What they do

HEALTHCARE INITIATIVE FOUNDATION .

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe explanation is very short. Ask what work they really do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$123.55spent for every $100 of revenueSpending was higher than revenue this year.
$14.27in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $402,016 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $190,355 for LYNN ARNDT (INTERIM CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$1,706,780
Expenses$2,108,796
Annual shortfall $402,016 Expenses were higher than revenue for this filing year.
See all reported dollar amounts
Revenue$1,706,780
Expenses$2,108,796
Assets$30,100,506
Income$3,341,222
Grants given$12,020,752
Average grant$23,756
Executive compensation (total)$195,966
Accounting fees$95,072
Investing fees$74,983
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LYNN ARNDTINTERIM CEO · 40 hrs/week $190,355
ELISSA M SCHWARTZGRANTS MANAGER · 40 hrs/week $121,563
FAYE D GREENEEXECUTIVE ASSITANT/O · 40 hrs/week $71,089
KATHY STEVENSPRESIDENT AND CEO · 40 hrs/week $36,321
CRYSTAL TOWNSENDPREVIOUS CEO · 40 hrs/week $34,209

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

LYNN ARNDTINTERIM CEO

ELISSA M SCHWARTZGRANTS MANAGER

FAYE D GREENEEXECUTIVE ASSITANT/O

KATHY STEVENSPRESIDENT AND CEO

CRYSTAL TOWNSENDPREVIOUS CEO

DEBORAH FISHERVICE CHAIR

GEORGE DINESTREASURER

KERRY GRACE MORRISSEYTRUSTEE

MARTA PEREZTRUSTEE

MIKE KNAPPSECRETARY

NORAH COELHOTRUSTEE

ROBERT H MYERS JRCHAIR

About this charity

Recognized since
January 1973
Location
12850 MIDDLEBROOK RD STE 400, GERMANTOWN, MD 20874-5281
County
Montgomery
In care of
% COUNCILORBUCHANAN & MITCHEL
Primary officer
GEORGE DINES, TREASURER

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990PF
Tax preparer
YOUNT HYDE & BARBOUR PC
NTEE classification
Health Care (E120)
IRS tax category
Other Grantmaking and Giving Services
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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