Nonprofit · EIN 14-6022409
HEALTHCARE EDUCATIONAL & RESEARCH FUND INC
Tax-exempt · RENSSELAER, NY 12144
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,216,956 | $2,216,995 | -$39 | $0 | $4,049,416 | -$4,049,416 |
| December 31, 2023 | 990 | $2,029,369 | $2,029,423 | -$54 | $51,916 | $4,101,293 | -$4,049,377 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,571,072
- Program service revenue
- $645,884
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $29,571
- Other salaries and wages
- $1,063,323
- Salaries, compensation and benefits (total)
- $1,411,784
- Professional fundraising fees
- $0
- Accounting fees
- $9,020
- Occupancy
- $59,792
- Travel
- $5,012
- Program services (functional)
- $2,176,757
- Management and general (functional)
- $40,238
Balance sheet and other
- Total assets, start of year
- $51,916
- Total assets, end of year
- $0
- Total liabilities, end of year
- $4,049,416
- Net assets, end of year
- -$4,049,416
- Net assets without donor restrictions
- -$4,049,416
- Gross receipts
- $2,216,956
- Employees
- 13
- Volunteers
- 14
- Year formed
- 1960
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARIE B GRAUSE | PRESIDENT Trustee or director, Officer | 0.3 | $6,086 | $1,211,267 | $184,080 |
| MARY KAY HAYES | CFO / COO Officer | 1.6 | $14,284 | $427,724 | $100,439 |
| SANDI TOLL | SVP & GENERAL COUNSEL Officer | 0.8 | $4,698 | $308,431 | $63,663 |
| ALLISON MANNY | VICE PRESIDENT Highest-paid employee | 50 | $148,196 | $0 | $41,256 |
| JOHN CARRIGG | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| SEAN FADALE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| MARK GELLER MD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| CAROL GOMES | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| SHARON HANSON | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JONATHAN LAWRENCE MHA FACHE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| CYNTHIA MCCOLLUM | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| DENNIS MCKENNA MD | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| DAVID PEARLSTEIN MD MBA FAAP | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| THOMAS CARMAN | CHAIR Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| KENNETH GIBBS | CHAIR-ELECT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOSE ACEVEDO MD | IMMEDIATE PAST CHAIR Trustee or director, Officer | 0.2 | $0 |
| PATRICK O'SHAUGHNESSY DO | SECRETARY Trustee or director, Officer | 0.2 | $0 |
| STEVEN KELLEY MBS FACHE | TREASURER Trustee or director, Officer | 0.2 | $0 |
990 for the year ended December 31, 2023: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MARIE B GRAUSE | PRESIDENT Officer | 0.3 | $6,010 | $1,196,045 | $173,976 |
| MARY KAY HAYES | CFO / COO Officer | 1.6 | $13,740 | $409,798 | $96,418 |
| SANDI TOLL | GENERAL COUNSEL Officer | 0.8 | $4,526 | $297,198 | $62,460 |
| ALLISON MANNY | VICE PRESIDENT Highest-paid employee | 50 | $142,515 | $0 | $41,040 |
| JOHN CARRIGG | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| SEAN FADALE | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| CAROL GOMES | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| SUSAN HOLLIDAY | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| CYNTHIA MCCOLLUM | TRUSTEE Trustee or director | 0.2 | $0 | $0 | $0 |
| JOSE ACEVEDO MD | CHAIR Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| THOMAS CARMAN | CHAIR ELECT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| MICHAEL SPICER FACHE | IMMEDIATE PAST CHAIR Trustee or director | 0.2 | $0 | $0 | $0 |
| KENNETH GIBBS | SECRETARY Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| PATRICK O'SHAUGHNESSY DO | TREASURER Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1 EMPIRE DR, RENSSELAER, NY 12144-5729
- Principal officer (990 for 2024)
- MARIE B GRAUSE, ONE EMPIRE DRIVE, RENSSELAER, NY 121449315
- Signed the 990
- MARY KAY HAYES, CFO / COO
- Phone
- (518) 431-7600
- Return prepared by
- UHY ADVISORS NORTHEAST INC
Mission
THE MISSION OF HEALTHCARE EDUCATIONAL AND RESEARCH FUND (HERF) IS TO OFFER UNIQUE LEARNING, RESEARCH, AND GRANT OPPORTUNITIES THAT SUPPORT HEALTHCARE ASSOCIATION OF NEW YORK STATE'S (HANYS) MISSION TO ADVANCE THE HEALTH OF INDIVIDUALS AND COMMUNITIES IN NEW YORK STATE.
Program accomplishments
- HERF WAS AWARDED A GRANT, FUNDED BY THE NYS HEALTH FOUNDATION, THE SAMUELS FOUNDATION AND THE HEALTH FOUNDATION FOR WESTERN AND CENTRAL NEW YORK. THE PURPOSE OF THE PROJECT IS TO WORK WITH THE HEALTH SYSTEMS TO BECOME AGE-FRIENDLY, IMPROVING CARE FOR PATIENTS, FAMILIES, CAREGIVERS, AND HEALTHCARE PROVIDERS. THE FIRST CONTRACT ENDED OCTOBER 2021, AT WHICH POINT NEW YORK COMMUNITY TRUST JOINED FOR THE SECOND YEAR OF THE CONTRACT. THE SECOND CONTRACT ENDED DECEMBER 2023, WITH THE EXCEPTION OF SAMUELS THAT WAS EXTENDED TO DECEMBER 2024. PHASE III OF THE GRANT BEGAN IN JANUARY 2024 AND INCLUDED ALL FOUR PARTNERS.Expenses $304,904
- HERF PLANNED AND MANAGED A WIDE VARIETY OF EDUCATIONAL PROGRAMS, SEMINARS, AND BRIEFINGS FOR THE HOSPITAL AND NURSING HOME MEMBERS OF HANYS. TOPICS COVERED INCLUDED MANAGED CARE, BEHAVIORAL HEALTH, THE INTERPRETATION AND STRATEGIC USE OF HEALTHCARE DATA AND INFORMATION, LEADERSHIP AND SUPERVISION, QUALITY IMPROVEMENT, CONTINUING CARE, EMERGENCY PREPAREDNESS, NEW YORK STATE AND FEDERAL HEALTHCARE POLICY, AND HEALTH INFORMATION TECHNOLOGY.Expenses $491,694 · revenue $478,458
- HERF WAS AWARDED A GRANT FUNDED BY MOTHER CABRINI HEALTH FOUNDATION. THE PURPOSE OF THE PROJECT IS TO WORK WITH THE HEALTH SYSTEMS TO ADDRESS HEALTH DISPARITIES BY ADVANCING HEALTHCARE EQUITY AND INCLUSION THROUGH EDUCATION AND TRAINING. HERF PROVIDED HOSPITALS AND HEALTH SYSTEMS WITH EDUCATION, DATA ANALYSIS, AND TAILORED COMMUNITY-BASED INTERVENTIONS TO ADDRESS DISPARITIES. EDUCATION, RESOURCES, AND SUPPORT WERE PROVIDED TO THOSE WHO WORK DIRECTLY WITH THE COMMUNITY TO IMPROVE OUTCOMES FOR ALL PATIENTS, BUT ESPECIALLY UNDERSERVED AND DISADVANTAGED NEW YORKERS.Expenses $1,065,547
- EDUCATIONAL PROGRAMS AND OTHER CONSULTING.Expenses $314,612 · revenue $167,426
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 14-6022409
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1963
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E00F)
- Income (IRS master file)
- $2,216,956
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,216,956 | $2,216,995 | $0 | IRS |
| 990 | December 2023 | $2,029,369 | $2,029,423 | $51,916 | XML |
| 990 | December 2022 | $3,220,537 | $3,220,537 | $50,916 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-6022409).
Questions about HEALTHCARE EDUCATIONAL & RESEARCH FUND INC
- What is the EIN of HEALTHCARE EDUCATIONAL & RESEARCH FUND INC?
- The employer identification number (EIN) of HEALTHCARE EDUCATIONAL & RESEARCH FUND INC is 14-6022409.
- Is HEALTHCARE EDUCATIONAL & RESEARCH FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1963.
- Are donations to HEALTHCARE EDUCATIONAL & RESEARCH FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does HEALTHCARE EDUCATIONAL & RESEARCH FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEALTHCARE EDUCATIONAL & RESEARCH FUND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEALTHCARE EDUCATIONAL & RESEARCH FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HEALTHCARE EDUCATIONAL & RESEARCH FUND INC?
- The 990 for the year ended December 31, 2024 names MARIE B GRAUSE.
- Who are the officers and directors of HEALTHCARE EDUCATIONAL & RESEARCH FUND INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 4 received compensation from the organization, the highest $6,086 (MARIE B GRAUSE, PRESIDENT).
- How much revenue does HEALTHCARE EDUCATIONAL & RESEARCH FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,216,956, expenses of $2,216,995 and total assets of $0 at year end.
Other nonprofits in RENSSELAER
- HEALTHCARE ASSOCIATION OF NEW YORK STATE INC EIN 14-1405826 · last filed 990 for 2024
- WF BRUEN EMERGENCY SQUAD INC EIN 14-6084094 · last filed 990 for 2024
- COMMUNITY HOPE HOUSE INC EIN 83-2179836 · last filed 990-N for 2025
- NEW YORK INDEPENDENT SYSTEM OPERATOR INC EIN 14-1815612 · last filed 990 for 2025
- DISABILITY ADVOCATES INC EIN 14-1700998 · last filed 990 for 2025
- WOODLAND HILL MONTESSORI SCHOOL EIN 14-1495852 · last filed 990 for 2025
- GLOBAL CYBER ALLIANCE INC EIN 47-5344606 · last filed 990 for 2024
- RHODE ISLAND LUMBER & BUILDING MATERIAL DEALERS ASSOCIATION EIN 16-0573320 · last filed 990 for 2025