2012-03-07T15:13:54-06:00 2011-09-30 MITCHELL WIGGINS & COMPANY LLP 1802 BAYBERRY COURT SUITE 300 RICHMOND VA 23226 990 2010-10-01 540801059 VA HOSPITAL RESEARCH & EDUCATION FOUNDATION VIRG 8049651201 PO BOX 31394 RICHMOND VA 23294 LAURENS SARTORIS 8049651201 2012-03-01 1 DAVID E WILL CPA 8042826000 2010 2016-02-24 21:20:13Z LAURENS SARTORIS PO BOX 31394 RICHMOND VA 23294 1271983 0 X WWW.VHHA.COM X 1964 VA RESEARCH AND EDUCATION IN THE HEALTH CARE INDUSTRY 8 7 0 0 0 0 0 0 279857 237666 42635 93559 0 0 322492 331225 0 0 0 0 0 0 0 0 0 337469 310017 337469 310017 -14977 21208 3360576 3443979 145521 247762 3215055 3196217 X VIRGINIA HOSPITAL RESEARCH AND EDUCATION FOUNDATION WAS ORGANIZED TO IMPROVE THE HEALTH OF THE PEOPLE OF VIRGINIA THROUGH THE PROVISION OF BETTER HOSPITAL CARE, THE FOSTERING AND SPONSORSHIP OF EDUCATIONAL PROGRAMS FOR TRAINING OF HEALTH CAREER PERSONNEL, FINANCIAL AID FOR INDIVIDUALS OF VIRGINIA NEEDING ASSISTANCE WHO ARE PURSUING AN EDUCATION IN HEALTH CAREERS, THE PROMOTION OF SCIENTIFIC KNOWLEDGE IN HOSPITAL ADMINISTRATION AND THE PROMOTION AND SPONSORSHIP IN HOSPITAL ADMINISTRATION. 0 0 221334 237666 THE FOUNDATION PROVIDES SPONSORSHIP OF EDUCATIONAL PROGRAMS FOR TRAINING HEALTH CAREER PERSONNEL AND PROMOTES THE SCIENTIFIC KNOWLEDGE & RESEARCH IN HOSPITAL ADMINISTRATION. 221334 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 6 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE FOUNDATION 8049651201 4200 INNSLAKE DRIVE GLEN ALLEN VA 230606712 X W SCOTT BURNETTE 1.00 X X 0 0 0 JAMES B COLE 1.00 X 0 0 0 JOHN F DUVAL 1.00 X 0 0 0 JOHN L FITZGERALD 1.00 X 0 0 0 HOWARD P KERN 1.00 X 0 0 0 MARGARET G LEWIS 1.00 X 0 0 0 WILLIAM M MOSS 1.00 X 0 0 0 LAURENS SARTORIS 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 CONF & SEMINAR REVENUE 900099 237666 237666 237666 62227 62227 972090 940758 31332 31332 31332 331225 237666 0 93559 40000 40000 19200 19200 17822 17822 5299 5299 1824 1824 9210 5610 3600 634 634 120362 120362 3125 3125 ALLOCATED SALARY & BENE 86304 86304 BANK FEES 6237 6237 310017 221334 88683 0 29593 128017 337409 134156 2440 3000 5900 16750 40750 40750 0 0 2897246 2974877 87988 187179 3360576 3443979 61445 63676 800 30622 83276 153464 145521 247762 X 3215055 3196217 3215055 3196217 3360576 3443979 X 21208 -40046 X 0 1 1 X 0 X X 0 0 0 VIRGINIA HOSPITAL AND HEALTHCARE ASSOCIATION 540701665 501(C)(6) 0 0 1 0 1 0 0 1 40750 40750 0 0 FUNDS HELD AS FISCAL AGENT 153464 ACCRUED INTEREST INCOME 5590 WEBSITE DEVELOPMENT COSTS, NET 28125 187179 331225 310017 21208 -40046 -40046 -18838 331225 0 331225 0 331225 310017 0 310017 0 310017 PART IV, LINE 2B: THE FOUNDATION IS A FISCAL AGENT FOR OTHER ENTITIES AND RECEIVES FUNDS ON THEIR BEHALF. FUNDS ARE DISBURSED AT THE DIRECTION OF THE OTHER ENTITIES AND NEITHER THE RECEIPT OF FUNDS OR THEIR EXPENDITURE ARE INCLUDED IN THE FOUNDATION'S STATEMENT OF ACTIVITIES. THE FUNDS HELD ON BEHALF OF OTHERS IS REPORTED AS AN OTHER ASSET IN PART X, LINE 15. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE FOUNDATION'S TAX POSITIONS AND CONCLUDED THAT THE FOUNDATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE TAXING AUTHORITIES FOR YEARS ENDING BEFORE SEPTEMBER 30, 2008. THE FOUNDATION INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN OTHER EXPENSES. THE FOUNDATION DID NOT HAVE PENALTIES AND INTEREST RELATING TO INCOME TAXES FOR THE YEARS ENDED SEPTEMBER 30, 2011 AND 2010. FORM 990, PART VI, SECTION A, LINE 3 ADMINISTRATIVE SERVICES ARE PROVIDED TO THE FOUNDATION BY VIRGINIA HOSPITAL AND HEALTHCARE ASSOCIATION, A RELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS AND MANAGEMENT WILL REVIEW THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ALL INTERESTS ANNUALLY ON A WRITTEN FORM WHICH IS SIGNED AND DATED. IF A CONFLICT EXISTS, THE ISSUE WILL BE REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -40,046. VIRGINIA HOSPITAL AND HEALTHCARE ASSOCIATION PO BOX 31394 RICHMOND VA 23294 540701665 PROMOTE DEVELOPMENT & IMPROVEMENT OF THE HEALTH CARE INDUSTRY IN VIRGINIA VA 501(C)(6) 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0 0