Brookings Health System Foundation
- Assets
- $1.4m
- Revenue
- $216.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Brookings, SD
- Founding
- 09/2010
- Data as of
- 12/2022
- EIN
- 27-1785343
Organization Overview
Brookings Health System Foundation is located in Brookings, SD. The organization was established in 2010. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brookings Health System 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, Brookings Health System Foundation generated $216.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (39.3%) each year. All expenses for the organization totaled $347.5k 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
INSPIRING PEOPLE TO SUPPORT BROOKINGS HEALTH SYSTEM THROUGH PHILANTHROPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DONATED $259,365 TO BROOKINGS HEALTH SYSTEM IN SUPPORT OF ITS MISSION DURING 2022. DISBURSEMENTS FROM FUND BALANCES FOR PROJECTS, EQUIPMENT AND SERVICES AT BROOKINGS HEALTH SYSTEM: - $204,100 FROM THE PROGRESS LIVES HERE CAPITAL FUND; - $25,949 FROM THE TEAM ISAAC FUND; - $6,611 FROM THE CARING & SHARING FUND TO SUPPORT BROOKINGS HEALTH SYSTEM EMPLOYEES FACING FINANCIAL EMERGENCIES; - $6,545 FROM THE UNRESTRICTED GENERAL FUND TO SUPPORT EMPLOYEE MENTAL HEALTH AND WELLBEING; - $5,760 FROM THE TOUGH ENOUGH TO WEAR PINK FUND TO SUPPORT BREAST CANCER AWARENESS LOCALLY; - $4,298 FROM THE AIMING TO INSPIRE HEALTH FUND TO PURCHASE SUPPLIES TO FIGHT COVID-19; - $3,122 FROM THE NEIGHBORHOODS AT BROOKVIEW FUND TO SUPPORT RESIDENT ACTIVITIES; - $1,200 FROM THE HOSPICE FUND TO PROVIDE ACTIVITY EQUIPMENT TO PATIENTS IN HOSPICE; - $1,000 FROM THE JOY CLUB FUND TO SUPPORT LOCAL CHILDREN IN NEED OF BEDS; - $780 FROM THE GENERAL FUND TO PROVIDE TRANSPORTATION TO PATIENTS IN NEED. THE ORGANIZATION ISSUED THE FOLLOWING FUNDS TO ORGANIZATIONS OUTSIDE OF BROOKINGS HEALTH SYSTEM: - $6,442 FROM THE CARING & SHARING FUND TO SUPPORT EMPLOYEES FIGHTING COVID-19; - $3,300 FROM THE GENERAL FUND TO SUPPORT EMPLOYEE MENTAL HEALTH; - $3,127 FROM THE TEAM ISAAC FUND TO SUPPORT NEWBORN SAFETY; - $2,461 FROM THE JOY CLUB FUND TO SUPPORT FUND EXPENSES AND NURSING EDUCATION SCHOLARSHIPS; - $468 FROM THE EMPLOYEE FITNESS CENTER FUND TO PROVIDE EQUIPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Fishback Chair | OfficerTrustee | 0.5 | $0 |
Tara Mills Vice Chair | OfficerTrustee | 0.5 | $0 |
Karin Emery Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Amber Hemmestad Member | Trustee | 0.5 | $0 |
Jason Merkley Member | Trustee | 0.5 | $0 |
Rod King Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,321 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $190,666 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,987 |
| Total Program Service Revenue | $0 |
| Investment income | $2,139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $17,893 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $216,019 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $275,162 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,341 |
| Pension plan accruals and contributions | $3,027 |
| Other employee benefits | $0 |
| Payroll taxes | $3,859 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,873 |
| Office expenses | $2,434 |
| Information technology | $4,355 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $84 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $345 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $347,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $788,620 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $595,227 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,383,847 |
| Accounts payable and accrued expenses | $11,309 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $11,309 |
| Net assets without donor restrictions | $457,196 |
| Net assets with donor restrictions | $915,342 |
| 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 | $1,383,847 |