Nonprofit · EIN 52-1948720
THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE
Tax-exempt · COLUMBIA, MD 21046
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $511,134 | $412,206 | $98,928 | $952,435 | $52,724 | $899,711 |
| December 31, 2023 | 990 | $561,621 | $432,957 | $128,664 | $876,267 | $98,841 | $777,426 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $487,488
- Program service revenue
- $0
- Investment income
- $23,646
- Net gain from sales of assets
- $10,653
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $49,626
- Compensation of officers, directors and key employees
- $115,576
- Other salaries and wages
- $61,713
- Salaries, compensation and benefits (total)
- $195,279
- Professional fundraising fees
- $0
- Legal fees
- $319
- Accounting fees
- $9,400
- Occupancy
- $2,985
- Travel
- $4,231
- Depreciation
- $4,256
- Program services (functional)
- $231,847
- Management and general (functional)
- $140,359
- Fundraising (functional)
- $40,000
Balance sheet and other
- Total assets, start of year
- $876,267
- Total assets, end of year
- $952,435
- Total liabilities, end of year
- $52,724
- Net assets, end of year
- $899,711
- Land, buildings and equipment
- $910
- Publicly traded securities
- $464,181
- Net assets without donor restrictions
- $683,140
- Net assets with donor restrictions
- $216,571
- Gross receipts
- $950,267
- Employees
- 0
- Volunteers
- 7
- Year formed
- 1996
- State of legal domicile
- MD
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 |
|---|---|---|---|---|---|
| MICHELLE ZINNERT | EXECUTIVE DIRECTOR Officer | 4 | $0 | $316,096 | $41,083 |
| VICTORIA HANN | FOUNDATION DIRECTOR Officer | 40 | $0 | $99,446 | $12,767 |
| ARIF NAZIR | DIRECTOR AS OF MARCH Trustee or director | 2.5 | $0 | $2,000 | $0 |
| HEIDI WHITE MD MED MPH CMD | CHAIR Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| CARI LEVY | CHAIR-ELECT Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| SUSAN LEVY MD CMD | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| J KENNETH BRUBAKER MD CMD | TREASURER/SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| BARBARA ZAROWITZ PHARMD BCGP FCCP | DIRECTOR Trustee or director | 2.5 | $0 | $0 | $0 |
| TOM HAITHCOAT | DIRECTOR Trustee or director | 2.5 | $0 | $0 | $0 |
| WAYNE SALTSMAN | DIRECTOR UNTIL MARCH Trustee or director | 2.5 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHELLE ZINNERT | EXECUTIVE DIRECTOR AS OF APRIL Officer | 4 | $0 | $189,548 | $22,795 |
| CHRISTOPHER E LAXTON CAE | EXECUTIVE DIRECTOR UNTIL APRIL Officer | 4 | $0 | $146,601 | $7,859 |
| VICTORIA HANN | FOUNDATION DIRECTOR Officer | 40 | $0 | $96,424 | $0 |
| SUSAN LEVY MD CMD CHAIR | UNTIL MARCH, THEN PAST CHAIR Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| HEIDI WHITE MD MED MPH CMD | CHAIR-ELECT UNTIL MARCH, THEN CHAIR Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| JAMES LETT MD CMDR | IMMEDIATE PAST CHAIR UNTIL MARCH Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| CARI LEVY | CHAIR-ELECT AS OF MARCH Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| J KENNETH BRUBAKER MD CMD | TREASURER/SECRETARY Trustee or director, Officer | 2.5 | $0 | $0 | $0 |
| BARBARA ZAROWITZ PHARMD BCGP FCCP | DIRECTOR Trustee or director | 2.5 | $0 | $0 | $0 |
| TOM HAITHCOAT | DIRECTOR AS OF MARCH Trustee or director | 2.5 | $0 | $0 | $0 |
| WAYNE SALTSMAN | DIRECTOR AS OF MARCH Trustee or director | 2.5 | $0 | $0 | $0 |
| DENISE WASSENAAR RN MS NHA | DIRECTOR UNTIL MARCH Trustee or director | 2.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 9891 BROKEN LAND PKWY STE 101, COLUMBIA, MD 21046-1126
- Principal officer (990 for 2024)
- MICHELLE ZINNERT CAE, 9891 BROKEN LAND PARKWAY 101, COLUMBIA, MD 21046
- Signed the 990
- MICHELLE ZINNERT CAE, EXECUTIVE DIRECTOR
- Phone
- (410) 992-3134
- Website
- PALTCFOUNDATION.ORG
- Return prepared by
- JM&M
Mission
TO ADVANCE EXCELLENCE AND INNOVATION IN THE LONG-TERM CARE CONTINUUM THROUGH RESEARCH AND ITS TRANSLATION INTO PRACTICE.
Program accomplishments
- AWARDS AND GRANTS FUNDING PROJECTS - THE FOUNDATION ACCEPTS REQUESTS FOR FUNDING THAT MEET ITS MISSION AREAS OF SUPPORTING RESEARCH, CLINICAL PRACTICE TOOLS, EDUCATION AND WORKFORCE DEVELOPMENT INITIATIVES. GUIDELINES FOR SUBMITTING PROPOSALS HAVE BEEN DEVELOPED AND PROCEDURES ARE IN PLACE FOR A COMMITTEE OF VOLUNTEERS TO REVIEW AND RECOMMEND FUNDING PROJECTS TO THE FOUNDATION BOARD OF DIRECTORS FOR APPROVAL.Expenses $137,080 · grants $49,626
- ANNUAL CONFERENCE - THE FOUNDATION PARTICIPATES IN PALTMED'S ANNUAL CONFERENCE BY PROMOTING ITS MISSION, AND IMPACT FROM THE PRIOR YEAR, WHILE RECOGNIZING EXISTING DONORS AND ENCOURAGING FUTURE DONOR ENGAGEMENT. THE FOUNDATION ALSO RECOGNIZES EXCELLENCE IN THE FIELD OF POST-ACUTE AND LONG-TERM CARE ("PALTC") THROUGH ITS ANNUAL EXCELLENCE AWARDS PROGRAM PUBLICLY RECOGNIZING THOSE WHO HAVE BEEN NOMINATED AND SELECTED FOR THE FOUR NAMED INDIVIDUAL AWARDS. THE FOUNDATION FUNDS PALTMED'S FUTURES PROGRAM, A WORKFORCE DEVELOPMENT INITIATIVE MANAGED WHICH IS AN INTENSIVE LEARNING EXPERIENCE DESIGNED TO EXPOSE RESIDENTS, FELLOWS, AND ADVANCED PRACTITIONERS TO THE CAREER OPPORTUNITIES AVAILABLE IN POST-ACUTE AND LONG-TERM CARE MEDICINE.Expenses $52,167
- INDUSTRY PROGRAMS - THE FOUNDATION HOSTS AN INDUSTRY ADVISORY BOARD (IAB) PROGRAM TO CONNECT CORPORATE INDUSTRY LEADERS WITH PALTC PRACTITIONERS AND MEDICAL LEADERS FOR COLLABORATIVE DISCUSSIONS FOR THE BENEFIT OF THE EXCELLENCE IN THE DELIVERY OF PALTC CARE.Expenses $42,600
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
- 52-1948720
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $952,435
- Income (IRS master file)
- $950,267
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $511,134 | $412,206 | $952,435 | XML |
| 990 | December 2023 | $561,621 | $432,957 | $876,267 | XML |
| 990 | December 2022 | $398,968 | $329,173 | $744,623 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 52-1948720).
Questions about THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE
- What is the EIN of THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE?
- The employer identification number (EIN) of THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE is 52-1948720.
- Is THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE 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 THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE 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 THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE 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 THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE?
- The 990 for the year ended December 31, 2024 names MICHELLE ZINNERT CAE.
- Who are the officers and directors of THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does THE FOUNDATION FOR POST-ACUTE AND LONG-TERM CARE MEDICINE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $511,134, expenses of $412,206 and total assets of $952,435 at year end.
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