Cape Breton Regional Hospital Foundation
Sydney, NS B1M 0A1
Executive Director: Brad Jacobs
Board Chair: Marlene Usher
Charitable Reg. #: 13040 4593 RR0001
Social Results Reporting
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #6
Avg. Compensation $72,325
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||4|
About Cape Breton Regional Hospital Foundation:
Founded in 1995, Cape Breton Regional Hospital Foundation is the fundraising organization for Cape Breton Healthcare Complex in Sydney, Nova Scotia. Cape Breton Healthcare Complex includes Cape Breton Regional Hospital, New Waterford Consolidated Hospital, and Glace Bay General Hospital. The complex reported that it treats more than 200,000 patients each year.
In F2015, the foundation granted $1.4m to the complex: $454k to cancer care, $295k to diagnostic imaging, $188k to operating rooms, $102k to mental health and addiction services, $92k to critical care, $71k to labour and delivery, $69k to emergency, $43k to pediatric care, $42k to Glace Bay General Hospital, $25k to Palliative Care, $18k to medical staff education, and $13k to New Waterford Consolidated Hospital.
In F2015, Cape Breton Regional Hospital Foundation spent 21% of revenues (excluding investment income) on administrative costs and 17% of donations on fundraising costs. Total overhead costs of 37% fall within Ci's reasonable range. The charity has funding reserves of $10.7m, which can cover annual grants for 7.5 years.
Analysis updated by Ruoxi Gao in 2016, currently under review by Cape Breton Regional Hospital Foundation.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||20.5%||15.4%||9.9%|
|Fundraising costs as % of donations||16.8%||11.3%||12.9%|
|Program cost coverage (%)||753.3%||669.5%||443.1%|
Summary Financial StatementsAll figures in $s
|Business activities (net)||0||124,188||1,613,578|
|Cash flow from operations||(799,981)||715,799||1,699,311|