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Nonprofit · EIN 88-1279097

SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT

Tax-exempt · PHILADELPHIA, PA 19139

Financials

$0$02023$1M$02024
Revenue Expenses · by fiscal year end
Financials of SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,004,423$0$1,004,423$1,072,240$0$1,072,240
June 30, 2024990-EZ$0$0$0$0$0$0
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,000,000
Program service revenue
$0
Investment income
$4,423
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$1,072,240
Total liabilities, end of year
$0
Net assets, end of year
$1,072,240
Publicly traded securities
$1,072,240
Net assets without donor restrictions
$1,072,240
Gross receipts
$1,004,423
Employees
0
Volunteers
3
Year formed
2022
State of legal domicile
PA

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
VERONICA HILL-MILBOURNEVICE CHAIR/PRESIDENT & CEO
Trustee or director, Officer
0$0$377,802$24,738
DR KAREN L GRAVESCFO/TREASURER (UNTIL 7/25)
Trustee or director, Officer
0$0$253,429$14,054
FREDERICK KINGLEE IIMEMBER
Trustee or director
0$0$0$0
DR MARK THOMAS PHDSECRETARY
Trustee or director, Officer
0$0$0$0
JOSELYNNE JONES-CELESTINECHAIR
Trustee or director, Officer
0$0$0$0
SAM OSIRIMMEMBER
Trustee or director
0$0$0$0
GABRIEL SAMBOCFO/TREASURER (AS OF 7/25)
Officer
0$0$0$0
990-EZ for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
FREDERICK KINGLEE IIBOARD CHAIR0$0
VERONICA HILL-MILBOURNEVICE CHAIR/PRESIDENT & CEO0$0
DR MARK THOMAS PHDSECRETARY0$0
DR KAREN L GRAVESTREASURER (AS OF 8/25/23)0$0
DR DAVID DEMILIOTREASURER (UNTIL 8/25/23)0$0
LAVAR HAFFONEYMEMBER0$0

Address and contacts

Address (IRS master file)
5201 HAVERFORD AVE, PHILADELPHIA, PA 19139-1401
Principal officer (990 for 2024)
VERONICA HILL-MILBOURNE, 5201 HAVERFORD AVE, PHILADELPHIA, PA 19139
Signed the 990
GABRIEL SAMBO, CFO
Phone
(215) 471-2761
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE EDUCATION, COMMUNITY-BASED PROGRAMS, FINANCIAL SUPPORT, AND SERVICES DESIGNED TO PROMOTE HEALTH AND ADDRESS SOCIAL AND HEALTH INEQUITIES IN THOSE COMMUNITIES SERVED BY SPECTRUM

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION GENERATES RESOURCES THROUGH GRANTS AND DONATIONS FOR THE SOLE SUPPORT OF SPECTRUM HEALTH SERVICES, INC. AND ITS PATIENTS. THE ORGANIZATION RECEIVED ITS INITIAL FUNDING DURING THE FISCAL YEAR AND HAS NOT BEGUN ISSUING GRANTS TO DATE.

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
88-1279097
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,072,240
Income (IRS master file)
$1,004,423

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,004,423$0$1,072,240IRS
990-EZJune 2024$0$0$0XML
990-EZJune 2023–––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 88-1279097).

Questions about SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT

What is the EIN of SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT?
The employer identification number (EIN) of SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT is 88-1279097.
Is SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT 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 SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT 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 SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT 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 SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT?
The 990 for the year ended June 30, 2025 names VERONICA HILL-MILBOURNE.
Who are the officers and directors of SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does SPECTRUM FOUNDATION FOR HEALTH EQUITY AND COMMUNITY IMPACT have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,004,423, expenses of $0 and total assets of $1,072,240 at year end.

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