Nonprofit · EIN 51-0506412
LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION
Tax-exempt · NORFOLK, VA 23502
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,138,580 | $491,180 | $1,647,400 | $22,619,041 | $395,808 | $22,223,233 |
| June 30, 2024 | 990 | $2,847,901 | $392,598 | $2,455,303 | $20,124,350 | $76,951 | $20,047,399 |
| June 30, 2023 | 990 | $1,218,932 | $412,006 | $806,926 | $16,337,772 | $289,116 | $16,048,656 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $642,712
- Program service revenue
- $0
- Investment income
- $1,495,868
- Net gain from sales of assets
- $711,588
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $278,965
- Other salaries and wages
- $52,684
- Salaries, compensation and benefits (total)
- $57,573
- Professional fundraising fees
- $0
- Legal fees
- $515
- Travel
- $294
- Program services (functional)
- $278,965
- Management and general (functional)
- $155,642
- Fundraising (functional)
- $56,573
Balance sheet and other
- Total assets, start of year
- $20,124,350
- Total assets, end of year
- $22,619,041
- Total liabilities, end of year
- $395,808
- Net assets, end of year
- $22,223,233
- Publicly traded securities
- $13,786,209
- Net assets without donor restrictions
- $13,631,541
- Net assets with donor restrictions
- $8,591,692
- Gross receipts
- $2,138,580
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2005
- State of legal domicile
- VA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS J ORSINI | PRESIDENT/CEO Trustee or director, Officer | 1 | $0 | $467,201 | $62,618 |
| DAVID E MOORE | CHAIRPERSON Trustee or director, Officer | 5 | $0 | $0 | $0 |
| J SCOTT WHEELER | VICE CHAIRPERSON Trustee or director, Officer | 3 | $0 | $0 | $0 |
| SARAH M BISHOP | TREASURER Trustee or director, Officer | 3 | $0 | $0 | $0 |
| DAVID DURHAM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEBORAH B BAUMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CALVIN A DURHAM | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| WILLETTE L LEHEW MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANITA O POSTON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| R BRECKENRIDGE DAUGHTREY | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ELIZABETH FRAIM | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| EDWARD L LILLY MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH W WREN JR | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| STEPHANIE J DICKENS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BRUCE WALDHOLTZ MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VICKIE BILISOLY | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS J ORSINI | PRESIDENT/CEO Trustee or director, Officer | 1 | $0 | $419,132 | $68,735 |
| DAVID E MOORE | CHAIRPERSON Trustee or director, Officer | 5 | $0 | $0 | $0 |
| J SCOTT WHEELER | VICE CHAIRPERSON Trustee or director, Officer | 3 | $0 | $0 | $0 |
| SARAH M BISHOP | TREASURER Trustee or director, Officer | 3 | $0 | $0 | $0 |
| DAVID DURHAM | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEBORAH B BAUMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CALVIN A DURHAM | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| WILLETTE L LEHEW MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANITA O POSTON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| R BRECKENRIDGE DAUGHTREY | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ELIZABETH FRAIM | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| EDWARD L LILLY MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH W WREN JR | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| STEPHANIE J DICKENS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BRUCE WALDHOLTZ MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| VICKIE BILISOLY | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS J ORSINI | PRESIDENT Trustee or director, Officer | 1 | $0 | $449,041 | $67,407 |
| DAVID A DURHAM | CHAIRPERSON Trustee or director, Officer | 5 | $0 | $0 | $0 |
| ANDREW C HODGE | VICE CHAIRPERSON (THRU 9.2022) Trustee or director, Officer | 3 | $0 | $0 | $0 |
| CAROLINE S OLIVER | TREASURER (THRU 9.0022) Trustee or director, Officer | 3 | $0 | $0 | $0 |
| STEPHANIE J DICKENS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| EDWARD L LILLY MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DEBORAH B BAUMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| CALVIN A DURHAM | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| WILLETTE L LEHEW MD | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ANITA O POSTON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| R BRECKENRIDGE DAUGHTREY | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| GEORGE W RICKS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| J MICHAEL SHUMATE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| J SCOTT WHEELER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DAVID E MOORE | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| KENNETH W WREN JR | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1309 KEMPSVILLE RD, NORFOLK, VA 23502-2205
- In care of
- % CLAUDE A SMITH M D
- Principal officer (990 for 2024)
- THOMAS J ORSINI, 1309 KEMPSVILLE ROAD, NORFOLK, VA 23502
- Signed the 990
- THOMAS J ORSINI, PRESIDENT
- Phone
- (757) 461-5001
- Website
- LAKETAYLOR.ORG
- Return prepared by
- PBMARES LLP
Mission
TO SUPPORT THE OPERATIONS OF THE HOSPITAL AUTHORITY OF NORFOLK, T/A LAKE TAYLOR TRANSITIONAL CARE HOSPITAL.
Program accomplishments
- THE SOLE PURPOSE OF THE FOUNDATION IS TO SUPPORT THE HOSPITAL AND DURING THIS REPORTING PERIOD THE SUPPORT PROVIDED BY THE FOUNDATION ALLOWED THE HOSPITAL TO (1) PURCHASE EQUIPMENT AND ENHANCE THE EXPERIENCE OF THE ADULT AND PEDIATRIC PATIENTS, AND RESPIRATORY CARE PATIENTS, AND (2) TO CONTINUE THE DEVELOPMENT OF A SUPPORTIVE CARE PROGRAM FOR THE HOSPITAL LEVEL PATIENT POPULATION.Expenses $278,965 · grants $278,965
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0506412
- 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
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E112)
- Assets (IRS master file)
- $22,619,041
- Income (IRS master file)
- $2,138,580
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,138,580 | $491,180 | $22,619,041 | IRS |
| 990 | June 2024 | $2,847,901 | $392,598 | $20,124,350 | IRS |
| 990 | June 2023 | $1,218,932 | $412,006 | $16,337,772 | XML |
| 990 | June 2022 | $2,629,279 | $286,958 | $14,260,647 | IRS |
| 990 | June 2021 | – | – | – | 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 51-0506412).
Questions about LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION
- What is the EIN of LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION?
- The employer identification number (EIN) of LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION is 51-0506412.
- Is LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION 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 LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION?
- The 990 for the year ended June 30, 2025 names THOMAS J ORSINI.
- Who are the officers and directors of LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does LAKE TAYLOR TRANSITIONAL CARE HOSPITAL FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,138,580, expenses of $491,180 and total assets of $22,619,041 at year end.
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