Moses Cone-Wesley Long Community Health Foundation INC EIN 56-2001399

Moses Cone-Wesley Long Community Health Foundation INC

EIN  56-2001399 Supporting organization Greensboro, NC
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Size
$1–10M
What they do
Eliminates health inequities by investing in community-driven solutions for social health, including access to care, education, food, and housing.
Leadership
Shumaker Susan · President · $348K
Money in and out
$1.5M revenue, $741K expenses
Bottom line
+49% net inflow

Eliminates health inequities by investing in community-driven solutions for social health, including access to care, education, food, and housing. For fiscal year 2024 it reported $1.5M in revenue, $741K in expenses, and $120.9M in net assets.Pt I

Money in and out · FY2024
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$741K
Pt IX · Ln 25
Net assets
$120.9M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $714K
Where spending went · Part IX cols B–D
Program services $0.25 Management & general $0.75
Net inflow
+49%
revenue over expenses, this year▲ +147% vs prior filing year
Pass-through gifts
0%
of revenue from contributions
Program spending
25%
of expenses reach stated programs▼ -63% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.5M
FY2024▼ -58%
Expenses
$741K
FY2024▼ -90%
Total assets
$122.6M
FY2024▼ -1%
Total liabilities
$1.6M
FY2024▼ -38%
Total revenue
$1.5M
Pt VIII · Ln 12
Total expenses
$741K
Pt IX · Ln 25
Net assets
$120.9M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$714K
Total assetsPt X · Ln 16$122.6M
Program-expense ratioPt IX · col B25%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $186K of program spending, described in the organization's own filed words · FY2024.
01

Cone health foundation eliminates health inequities by advocating for and investing in community-driven solutions in social health driven areas of access to care, education, economic mobility, access to health food and safe and healthy housing, community and funder collaboratives, and other initiatives.

$186Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMoses Cone-Wesley Long Community Health Foundation INC
EINHdr · item D56-2001399
Principal addressHdr · item CGreensboro, NC
WebsiteHdr · item Jwww.conehealthfoundation.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHealth Care (E110)
Ruling yearIRS BMFApr 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$348,042Pt VII · Sec A
Program Officer
$116,323Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Shumaker Susan’s $348K as President is at the 92nd percentile of top reported officer pay among 3116 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Shumaker Susan$348,042$325,542
Shumaker Susan$293,008$307,796$268,024
Shumaker Susan F$273,623
Richburg Antonia$98,622$125,103$126,947$117,607
Pinder Jamilla-Aisha$116,323$115,312
Boren Sandra$106,508$105,325$111,801$100,353

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Investment income100%$1.5M
Total revenueLn 12$1.5M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.25 Management & general $0.75
Program services25%$186K
Management & general75%$555K
Total functional expensesLn 25$741K

Balance Sheet

Part X · end of year
CashLn 1$1.7M
Total assetsLn 16$122.6M
Total liabilitiesLn 26$1.6M
Total net assetsLn 32$120.9M
Months of cash on handcomputed27.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $122.3M · Operating expenses/yr $741K
1979.8 months
Where the money goes
Program services
Program services $186K · Total expenses $741K
25%
Management & General
Management & general $555K · Total expenses $741K
75%
Fundraising
Fundraising $0 · Total expenses $741K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $16K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $1.5M
0%
Government reliance
Government grants — · Total revenue $1.5M
Earned-income share
Program service revenue $0 · Total revenue $1.5M
0%
Investment reliance
Investment income $1.5M · Total revenue $1.5M
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $741K
0%
Growth & trend
Revenue growth (YoY)
This year $1.5M · Prior year $3.5M
-58%
Revenue CAGR
FY2019 $3.3M · FY2024 $1.5M
-15%
Net-asset trend (YoY)
End of year $120.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.5M · Expenses $741K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $122.6M
Net-asset ratio
Net assets $120.9M · Total assets $122.6M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $91.9M · Other securities (Pt X, ln 12) $28.7M · Total assets (Pt X, ln 16) $122.6M
98%
People & payroll
Highest Reported Total Compensation
Individual Shumaker Susan · Reported title PRESIDENT · Highest reported compensation $348K · Total expenses $741K
47%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $267K · Total expenses $741K
36%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 25%
Overhead ratio 75%
Revenue growth -58%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 4%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 224 grants · $22.6M · 2019–2024
The Seattle FoundationWA · FY2024$28,000
Sales Tax for EducatorsFY2024$15,000
Nc Counts CoalitionNC · FY2024$12,500
University of North Carolina at Greensboro SchoolFY2023$358,711
Kellin FoundationNC · FY2023$343,355
Guilford Adult Health INCNC · FY2023$341,358
Code the Dream INCNC · FY2023$250,000
See all 224 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$3.5M revenue · ⤓ 990 PDF
FY2023$-6.8M revenue · ⤓ 990 PDF
FY2022$14.5M revenue · ⤓ 990 PDF
FY2021$23.3M revenue · ⤓ 990 PDF
FY2020$3.3M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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