The Methodist Hospitals Foundation Inc

Organization Overview

The Methodist Hospitals Foundation Inc is located in Gary, IN. The organization was established in 2010. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Methodist Hospitals Foundation Inc 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, Methodist Hospitals Foundation Inc generated $554.4k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $743.2k during the year ending 12/2022. While expenses have increased by 22.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE THE HEALTH, SAFETY AND GENERAL WELFARE OF PERSONS IN THE COMMUNITY BY SUPPORTING FINANCIALLY AND OTHERWISE CONDUCTING ACTIVITIES WHICH BENEFIT THE METHODIST HOSPITALS, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT THE METHODIST HOSPITAL IN ITS MISSION TO DELIVER EXCEPTIONAL HEALTHCARE BY FUNDRAISING FOR CLINICAL AREAS TO ENHANCE PATIENT CARE.


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Board, Officers & Key Employees

Name (title)Compensation
Matthew Doyle
Board Member
$0
Judy Lindsey
Executive Director
$162,019
Mattison Dilts
Board Member
$0
Glenn S Vician
Board Member
$0
Heather Mccarthy
President
$0
Ronald Mccolly
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$224,423
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$372,643
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$597,066
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$42,802
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $554,365

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