Salem Township Hospital Foundation

Organization Overview

Salem Township Hospital Foundation is located in Salem, IL. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Salem Township Hospital 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 12/2021, Salem Township Hospital Foundation generated $45.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $15.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (35.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

RAISE FUNDS FOR THE IMPROVEMENT OF SALEM TOWNSHIP HOSPITAL AND PROVIDE SCHOLARSHIPS TO STUDENTS ENTERING THE MEDICAL FIELD

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS FOR STUDENTS IN THE HEALTHCARE FIELD TO FILL THE


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Board, Officers & Key Employees

Name (title)Compensation
Myron Lloyd
President
$0
Ola Chapman
Vice President
$0
Susan Knapp
Sec/treasurer
$0
Denise Burke
Director
$0
Joyce Bruce
Director
$0
Sandie Phillip
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$27,000
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$15,870
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$42,870
Total Program Service Revenue$0
Investment income $2,884
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 $0
Miscellaneous Revenue$0
Total Revenue $45,754

Grants Awarded

Over the last fiscal year, Salem Township Hospital Foundation has awarded $178,947 in support to 6 organizations.

Grant RecipientAmount

SALEM HOSPITAL

PURPOSE: EQUIPMENT

$52,149

SALEM HOSPITAL

PURPOSE: EQUIPMENT

$52,149

SALEM HOSPITAL

PURPOSE: EQUIPMENT

$52,149

KASKASKIA COLLEG

PURPOSE: SCHOLRSHPS

$7,500

KASKASKIA COLLEG

PURPOSE: SCHOLRSHPS

$7,500

KASKASKIA COLLEG

PURPOSE: SCHOLRSHPS

$7,500
View Grant Profile

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