Nonprofit · EIN 54-0801059
VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION
Tax-exempt · RICHMOND, VA 23294
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $6,710,920 | $6,582,934 | $127,986 | $6,465,499 | $1,049,304 | $5,416,195 |
| September 30, 2024 | 990 | $7,907,898 | $8,014,424 | -$106,526 | $6,417,566 | $1,286,788 | $5,130,778 |
| September 30, 2023 | 990 | $8,145,300 | $7,651,851 | $493,449 | $7,693,566 | $3,079,817 | $4,613,749 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $5,365,138
- of which government grants
- $4,681,916
- Program service revenue
- $997,604
- Investment income
- $348,178
- Net gain from sales of assets
- $196,548
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,541,160
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $20,600
- Accounting fees
- $38,829
- Occupancy
- $41,199
- Travel
- $15,985
- Depreciation
- $10,423
- Program services (functional)
- $6,377,643
- Management and general (functional)
- $205,291
Balance sheet and other
- Total assets, start of year
- $6,417,566
- Total assets, end of year
- $6,465,499
- Total liabilities, end of year
- $1,049,304
- Net assets, end of year
- $5,416,195
- Land, buildings and equipment
- $20,471
- Publicly traded securities
- $4,528,183
- Net assets without donor restrictions
- $5,416,195
- Gross receipts
- $7,972,541
- Employees
- 0
- Volunteers
- 10
- Year formed
- 1964
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SEAN T CONNAUGHTON | PRESIDENT Officer | 1 | $0 | $941,175 | $51,480 |
| ELIZABETH A MCNAMEE | CFHRO Officer | 1 | $0 | $258,634 | $37,891 |
| KELLY CANNON | CEO Officer | 40 | $0 | $194,359 | $31,656 |
| MICHAEL I ELLIOTT | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK S NANTZ | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL J DACEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| ERIC DEATON | DIRECTOR (THRU 4/25) Trustee or director | 1 | $0 | $0 | $0 |
| JOANNE INMAN | DIRECTOR (THRU 4/25) Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM LUNN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL LUTES | DIRECTOR (START 4/25) Trustee or director | 1 | $0 | $0 | $0 |
| MARY MANNIX | DIRECTOR (START 4/25) Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL P MCDERMOTT | DIRECTOR (THRU 4/25) Trustee or director | 1 | $0 | $0 | $0 |
| STEVE NARANG | DIRECTOR (START 4/25) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SEAN T CONNAUGHTON | PRESIDENT Officer | 1 | $0 | $928,478 | $49,623 |
| ELIZABETH A MCNAMEE | CFHRO Officer | 1 | $0 | $222,771 | $42,302 |
| KELLY CANNON | CEO Officer | 40 | $0 | $151,764 | $29,277 |
| B ERIC DEATON | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL I ELLIOTT | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| WILLIAM LUNN | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PETER M MULKEY | PAST CHAIR (THRU 04/24) Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL J DACEY | DIRECTOR (FROM 04/24) Trustee or director | 1 | $0 | $0 | $0 |
| JOANNE M INMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL P MCDERMOTT | DIRECTOR (FROM 04/24) Trustee or director | 1 | $0 | $0 | $0 |
| STEPHEN J MOTEW | DIRECTOR (THRU 01/24) Trustee or director | 1 | $0 | $0 | $0 |
| MARK S NANTZ | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SEAN CONNAUGHTON | PRESIDENT Officer | 1 | $0 | $956,532 | $46,255 |
| ELIZABETH MCNAMEE | CHIEF FINANCIAL AND HR OFF Officer | 1 | $0 | $210,410 | $39,817 |
| KELLY CANNON | CEO Officer | 40 | $0 | $140,809 | $26,654 |
| PETER MULKEY | CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| B ERIC DEATON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARK NANTZ | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| STEVE ARNER | PAST CHAIR UNTIL 4/23 Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MICHAEL ELLIOTT | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOANNE INMAN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM LUNN | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| MICHAEL MCDERMOTT | DIRECTOR UNTIL 4/23 Trustee or director | 1 | $0 | $0 | $0 |
| TIM MCMANUS | DIRECTOR UNTIL 4/23 Trustee or director | 1 | $0 | $0 | $0 |
| STEVE MOTEW | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 31394, RICHMOND, VA 23294-1394
- Principal officer (990 for 2024)
- SEAN T CONNAUGHTON, PO BOX 31394, RICHMOND, VA 23294
- Signed the 990
- SEAN T CONNAUGHTON, PRESIDENT
- Phone
- (804) 965-1201
- Website
- WWW.VHHA.COM
- Return prepared by
- CHERRY BEKAERT ADVISORY LLC
Mission
VIRGINIA HOSPITAL RESEARCH & EDUCATION FOUNDATION (DBA VHHA FOUNDATION) STRIVES TO IMPROVE THE HEALTH OF VIRGINIANS THROUGH COLLABORATION, RESEARCH AND EDUCATION FOR VIRGINIA'S HOSPITALS AND HEALTH SYSTEMS. VHREF PROVIDES CONTINUING PROFESSIONAL EDUCATION PROGRAMMING TO VIRGINIA HEALTH CARE LEADERS AND PROFESSIONALS THROUGH CONFERENCES, SEMINARS AND WEBINARS. VHREF ALSO SUPPORTS RESEARCH AND PATIENT SAFETY AND QUALITY PROGRAMS IN VIRGINIA'S HOSPITALS THROUGH THE IDENTIFICATION OF GRANTS AND OTHER FUNDING OPPORTUNITIES.
Program accomplishments
- VHHA FOUNDATION ADMINISTERED A NUMBER OF EXTERNALLY FUNDED GRANTS AND AWARDS THAT SUPPORTED OUR MISSION, MANY OF WHICH WERE AWARDED BY STATE AGENCIES IN VIRGINIA. WITH GENEROUS SUPPORT FROM OUR PARTNERS, THESE FUNDS HELPED US FACILITATE COLLABORATIVES AIMED AT IMPROVEMENTS IN THE HEALTH CARE SYSTEM AND IN THE OVERALL HEALTH OF VIRGINIA'S COMMUNITIES.Expenses $5,437,744 · grants $3,541,160
- VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION'S PATIENT SAFETY ORGANIZATION (PSO) CONTINUED TO ASSIST VIRGINIA HOSPITALS IN PROVIDING THE SAFEST AND HIGHEST QUALITY OF CARE TO THEIR PATIENTS. THE PSO ALLOWS FOR TRENDING AND IDENTIFICATION OF IMPROVEMENT OPPORTUNITIES AND AVOIDANCE OF HARM ACROSS MULTIPLE ORGANIZATIONS USING BOTH STATE AND NATIONAL COMPARATIVE DATA.Expenses $475,025 · revenue $543,941
- IN FY25, VHHA FOUNDATION HOSTED 3 IN-PERSON CONFERENCES, ONE FOCUSED ON HEALTHCARE LEADERSHIP, ONE FOCUSED ON EMERGENCY PREPAREDNESS AND ONE FOCUSED ON BEHAVIORAL HEALTH INITIATIVES. TWO VIRTUAL CONFERENCES WERE ALSO OFFERED, ONE FOCUSED ON IMPROVING PATIENT SAFETY AND HEALTHCARE QUALITY AND THE OTHER ON ADDRESSING WORKFORCE CHALLENGES. A QUALITY SAFETY CERTIFICATE WAS ALSO OFFERED AND WAS SUPPORTED BY REGISTRATION FEES, AS WELL AS A SIX SIGMA PROGRAM.Expenses $464,874 · revenue $453,663
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 54-0801059
- 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
- 1970
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $6,465,499
- Income (IRS master file)
- $7,972,541
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $6,710,920 | $6,582,934 | $6,465,499 | XML |
| 990 | September 2024 | $7,907,898 | $8,014,424 | $6,417,566 | XML |
| 990 | September 2023 | $8,145,300 | $7,651,851 | $7,693,566 | XML |
| 990 | September 2022 | $5,671,711 | $6,004,972 | $8,765,703 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 54-0801059).
Questions about VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION
- What is the EIN of VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION?
- The employer identification number (EIN) of VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION is 54-0801059.
- Is VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does VIRGINIA HOSPITAL RESEARCH AND EDUCATION 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 VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION?
- The 990 for the year ended September 30, 2025 names SEAN T CONNAUGHTON.
- Who are the officers and directors of VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION?
- The 990 for the year ended September 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $6,710,920, expenses of $6,582,934 and total assets of $6,465,499 at year end.
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