Regional West Foundation
- Assets
- $13.1m
- Revenue
- $556.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Scottsbluff, NE
- Founding
- 07/1972
- Data as of
- 12/2022
- EIN
- 23-7171022
Organization Overview
Regional West Foundation is located in Scottsbluff, NE. The organization was established in 1972. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2022, Regional West Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional West Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Regional West Foundation generated $556.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SEEK AND ADMINISTER DONATIONS IN SUPPORT OF QUALITY HEALTH CARE SERVICES AND EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMP HOPE- REGIONAL WEST FOUNDATION COMPLETELY UNDERWRITES THE COST OF CAMP HOPE, WHICH IS AN ADULT CANCER CAMP DESIGNED FOR THE ADULT PERSON WITH CANCER, AND HIS OR HER SUPPORT PERSON. THIS CAMP PROVIDES A SUPPORTING CARING ENVIRONMENT AWAY FROM THE STRESSES OF DAY TO DAY RESPONSIBILITIES WHERE CANCER PATIENTS AND THEIR SUPPORT PERSONS LEARN NEW COPING SKILLS, MAINTAIN HOPE AND REDISCOVER JOY IN LIFE, DESPITE THEIR ILLNESS. OVER 1,000 PERSONS HAVE ATTENDED CAMP HOPE OVER THE PAST 20 YEARS.
SCHOLARSHIPS - REGIONAL WEST FOUNDATION AWARDED 34 SCHOLARSHIPS IN THE AMOUNT OF $68,500 DURING 2022. THESE SCHOLARSHIPS INCLUDED MEDICAL STUDENT, NURSING AND OTHER HEALTH RELATED SCHOLARSHIPS. REGIONAL WEST FOUNDATION BELIEVES ASSISTING WITH THE EDUCATION OF THOSE IN THE MEDICAL PROFESSION IS OF GREAT BENEFIT NOT ONLY TO REGIONAL WEST MEDICAL CENTER BUT TO ALL MEDICAL FACILITIES INCLUDING PHYSICIAN OFFICES IN OUR ENTIRE REGION.
EMERGENCY CARE NETWORK - THIS NETWORK EXISTS TO STRENGTHEN EMERGENCY MEDICAL CARE IN THE REGION BY ESTABLISHING A PARTNERSHIP TO MAINTAIN AND IMPROVE THE EMERGENCY RESPONSE SYSTEM THROUGH EDUCATION, COMMUNICATION, INTEGRATED TIERED RESPONSE AND STANDARDIZED EQUIPMENT EXCHANGE. MEMBERS OF THE NETWORK INCLUDE: WESTERN NEBRASKA COMMUNITY COLLEGE, VALLEY AMBULANCE SERVICES, INC., REGIONAL WEST MEDICAL CENTER, STATE OF NEBRASKA EMS, PROVIDERS, PHYSICIANS, HOSPITAL AND REGIONAL WEST FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Hartman MD Director | Trustee | 1 | $0 |
John Mentgen Ceo/president Thru 10/2022 | OfficerTrustee | 1 | $0 |
Jeffrey Holloway MD Director | Trustee | 1 | $0 |
Paul E Hofmeister Director | Trustee | 1 | $0 |
Michael Ickowski Cfo/treasurer | OfficerTrustee | 1 | $0 |
Amanda Vick Interim Ceo/president Thru 12/2022 | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $65,143 |
| Related organizations | $1,950 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $243,859 |
| Noncash contributions included in lines 1a–1f | $8,203 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $310,952 |
| Total Program Service Revenue | $0 |
| Investment income | $262,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$17,665 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $556,244 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,009,558 |
| Grants and other assistance to domestic individuals. | $68,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $214,728 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,138 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,723 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,605 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,627 |
| Office expenses | $7,164 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,025 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,668 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,148 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,369,050 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469,583 |
| Savings and temporary cash investments | $4,685,378 |
| Pledges and grants receivable | $59,109 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $11,773 |
| Prepaid expenses and deferred charges | $5,996 |
| Net Land, buildings, and equipment | $15,399 |
| Investments—publicly traded securities | $7,892,262 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $13,139,500 |
| Accounts payable and accrued expenses | $41,996 |
| Grants payable | $0 |
| Deferred revenue | $255,686 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $240,105 |
| Total liabilities | $537,787 |
| Net assets without donor restrictions | $6,713,841 |
| Net assets with donor restrictions | $5,887,872 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $13,139,500 |
Grants Awarded
Over the last fiscal year, Regional West Foundation has awarded $42,822 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE NEBRASKA MEDICAL CENTER PURPOSE: TO PROVIDE OPERATING SUPPORT. | $10,000 |
REGIONAL WEST VILLAGE PURPOSE: TO PROVIDE SUPPORT TO AFFILIATED ORGANIZATION. | $18,538 |
REGIONAL WEST GARDEN COUNTY PURPOSE: TO PROVIDE SUPPORT TO AFFILIATED ORGANIZATION. | $14,284 |