Lake Hospital Foundation Inc logo

Lake Hospital Foundation Inc

Public charity · Grantmaker Concord Township, OH EIN: 34-1425872 Website

Support and assist lake hospital system, inc. In its efforts to serve the needs of Lake county residents and its surrounding communities by providing funding for enhanced or additional programs that otherwise might not be available.

Key facts about Lake Hospital Foundation Inc

In short: Lake Hospital Foundation Inc gave $953K across 1 grant in 2024 (avg $953K), mostly in Ohio. Source: 2024 IRS Form 990.

EIN
34-1425872
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$952,665
Grants made (2024)
1
Average grant
$952,665
Median grant
$952,665
Total assets
$24,366,825
Primary geography
Ohio (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$24.4M

+3.0% YoY

Annual Giving

$953K

+97.6% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$953K

+97.6% YoY

How Lake Hospital Foundation Inc gives

  • Giving grew 61% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About Lake Hospital Foundation Inc

Based on IRS filings

Lake Hospital Foundation Inc is a public charity focused on Health, based in Concord Township, OH. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $24.4M in total assets. In 2024, it awarded 1 grant totaling $953K. Net investment income was $955K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

ConcordShaker Heights

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M4 grants2020 2 grants2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $482K (2023) to $1.9M (2020). In 2024 it made 1 grant totaling $953K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Lake Hospital System Inc: $953KLake Hospital System Inc$953K

The largest 2024 recipient was Lake Hospital System Inc ($953K).

Grant Size Distribution

9 grants across all recorded years

2<$50K1$50–100K$100–250K1$250–500K4$500K–1M1$1–5M$5M+

The most common grant size was in the $500K–1M range: 4 grants of 9 (44%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Lake Hospital System Inc Shaker Heights, OHGeneral Support$952,665

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$24,366,825$23,646,363$22,464,716
Revenue$1,358,100$848,068$688,702
Expenses$1,151,737$875,147$1,047,073
Net Investment Income$955,425$348,010$235,648

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 13, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Lake Hospital Foundation Inc is led by Flash Mark, Executive Director on every filing since 2023; none of the 18 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Flash Mark

    Executive Director

    On filings since 2023

    40 hrs/week

    No compensation reported

  • Strosaker Robyn

    Trustee & President

    New on the 2024 filing

    2 hrs/week

    No compensation reported

  • Thompson Kathleen

    Trustee & Chair

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Baumberger Ronald

    Trustee & Vice Chair

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Bileci-Cocca Amy

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Cahill Timothy A.

    Trustee & Treasurer

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Cicero Richard

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Combs Bridget MD

    Trustee & Secretary

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Flynn Oscar

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Guban Philip

    Trustee

    Trustee & Chair → Trustee, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Kochik George

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Lingenfelter Andrew

    Trustee & Vice Chair

    Trustee → Trustee & Vice Chair, 2024

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Nekic John

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Paganini Raymond J.

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Patel Chetan P. MD

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Perrico Michael A.

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Tadese Tinu MD

    Trustee

    On filings since 2023

    2 hrs/week

    No compensation reported

  • Tullai-McGuinness Susan

    Trustee

    New on the 2024 filing

    2 hrs/week

    No compensation reported

Former officers (41)
  • Former: Schiebli Robert (2023) — Trustee
  • Former: Stein Neil (2023) — Trustee
  • Former: Amy Bileci-Cocca (2020–2022) — Trustee
  • Former: Bridget Combs MD (2020–2022) — Trustee & Secretary
  • Former: Duane L. Lipps (2020–2022) — Emeritus
  • Former: Jen Yorko (2020–2022) — Trustee
  • Former: Kathleen Thompson (2020–2022) — Trustee & Vice Chair
  • Former: Kathleen Tuttle (2020–2022) — Emeritus
  • Former: Mark Flash (2020–2022) — Executive Director
  • Former: Michael A. Perrico (2020–2022) — Trustee
  • Former: Neil Stein (2020–2022) — Trustee
  • Former: Oscar Flynn (2020–2022) — Trustee
  • Former: Philip Guban (2020–2022) — Trustee & Chair
  • Former: Richard Cicero (2020–2022) — Trustee & Senior Vice President Business Development
  • Former: Robert Schiebli (2020–2022) — Trustee
  • Former: Ronald Baumberger (2020–2022) — Trustee
  • Former: Stephen Campbell (2020–2022) — Emeritus
  • Former: Timothy A. Cahill (2020–2022) — Trustee & Treasurer
  • Former: Carol Nelson-Rollins (2021–2022) — Emeritus
  • Former: Chet Patel MD (2021–2022) — Trustee
  • Former: Raymond Paganini (2021–2022) — Trustee
  • Former: Steve Tsengas PhD (2021–2022) — Emeritus
  • Former: Tinu Tadese MD (2021–2022) — Trustee & Physician
  • Former: Bradley Bond (2022) — Trustee & Vice President Treasury
  • Former: George Kochik (2022) — Trustee
  • Former: Debbie McNaughton (2020–2021) — Trustee
  • Former: Frank O. Hicks (2020–2021) — Trustee
  • Former: Jean M. Ruple (2020–2021) — Trustee
  • Former: Kevin D. Freese (2020–2021) — Trustee
  • Former: Nancy Brunner Sanden (2020–2021) — Trustee
  • Former: Richard Sementelli (2020–2021) — Trustee
  • Former: Robert Fiala (2020–2021) — Trustee
  • Former: Robert Tracz (2020–2021) — Senior Vice President & CFO
  • Former: Thomas W. Ferguson (2020–2021) — Trustee
  • Former: Wayne E. Groenstein (2021) — Emeritus
  • Former: Beth Cassella (2020) — Trustee
  • Former: Matthew Bangerter (2020) — Trustee
  • Former: Morris Beverage III (2020) — Trustee
  • Former: Paul F. Vanek MD (2020) — Trustee
  • Former: Richard Harmon (2020) — Trustee
  • Former: Thomas G. Smith (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Lake Hospital Foundation Inc

How much does Lake Hospital Foundation Inc give each year?

Lake Hospital Foundation Inc gave $953K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $482K across 1 grant.

How large is Lake Hospital Foundation Inc?

Lake Hospital Foundation Inc reported $24.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.4M.

What is Lake Hospital Foundation Inc?

Lake Hospital Foundation Inc is a public charity focused on Health, based in Concord Township, OH. It holds $24.4M in total assets as of 2024.

Where does Lake Hospital Foundation Inc operate?

Lake Hospital Foundation Inc has awarded grants in Ohio.

What is Lake Hospital Foundation Inc's EIN?

Lake Hospital Foundation Inc's EIN (Employer Identification Number) is 34-1425872. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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