Partners Of The Memorial Medical Center

Organization Overview

Partners Of The Memorial Medical Center is located in Ashland, WI. The organization was established in 1973. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2023, Partners Of The Memorial Medical Center employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners Of The Memorial Medical Center 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 12/2023, Partners Of The Memorial Medical Center generated $193.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $190.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT OF LOCAL HOSPITAL SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES RELATED TO THE OPERATIONS OF A GIFT AND THRIFT SHOP. THE PROFIT IS DONATED TO A LOCAL HOSPITAL TO PURCHASE NEEDED MEDICAL EQUIPMENT.


OPERATE A LIFELINE EMERGENCY REPONSE SYSTEM OFFERED TO CITIZENS OF THE AREA SO THE LOCAL HOSPITAL CAN OFFER MORE SERVICES.


MONETARY DONATION TO LOCAL HOSPITAL FOR HEALTH CARE SCHOLARSHIP FUND AND MEDICAL EQUIPMENT.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$11,529
Noncash contributions included in lines 1a–1f $3,750
Total Revenue from Contributions, Gifts, Grants & Similar$11,529
Total Program Service Revenue$60,800
Investment income $41
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $117,312
Miscellaneous Revenue$0
Total Revenue $193,668

Grants Awarded

Over the last fiscal year, Partners Of The Memorial Medical Center has awarded $32,600 in support to 2 organizations.

Grant RecipientAmount

MEMORIAL MEDICAL CENTER

PURPOSE: SCHOLARSHIP FUND

$5,100

MEMORIAL MEDICAL CENTER

PURPOSE: MEDICAL EQUIPMENT

$27,500
View Grant Profile

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