Witham Memorial Hospital Foundation Inc is located in Lebanon, IN. The organization was established in 1983. 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. Witham Memorial Hospital 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 12/2021, Witham Memorial Hospital Foundation Inc generated $371.1k 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 (3.8%) each year. All expenses for the organization totaled $138.3k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT WITHAM HEALTH SERVICES, INC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT PROVIDED FOR PROGRAMS AT WITHAM HEALTH SERVICES.
MEDICAL AND NONMEDICAL PROFESSIONAL LOANS AND SCHOLARSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Honorable Jeff Edens President | OfficerTrustee | 2 | $0 |
Honorable Rebecca Mcclure Vice President | OfficerTrustee | 2 | $0 |
Kelly Petit Treasurer | OfficerTrustee | 2 | $0 |
Russell Roberts Secretary | OfficerTrustee | 2 | $0 |
Dr Ray Ingham CEO - Term Ended Nov 21 | OfficerTrustee | 2 | $0 |
Annette Preston Manager - Term Ended Jul 21 | Officer | 40 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $58,791 |
Fundraising events | $65,694 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $227,190 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $351,675 |
Total Program Service Revenue | $0 |
Investment income | $36,153 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$17,488 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $371,110 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $11,268 |
Grants and other assistance to domestic individuals. | $22,492 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,875 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $20,482 |
Fees for services: Other | $26,980 |
Advertising and promotion | $11,150 |
Office expenses | $912 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $1,223 |
Total functional expenses | $138,277 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,065,608 |
Savings and temporary cash investments | $3,056,954 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $48,056 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $756 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $3,004,057 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $7,175,431 |
Accounts payable and accrued expenses | $10,002 |
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 | $10,002 |
Net assets without donor restrictions | $6,013,809 |
Net assets with donor restrictions | $1,151,620 |
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 | $7,175,431 |
Over the last fiscal year, we have identified 2 grants that Witham Memorial Hospital Foundation Inc has recieved totaling $37,936.
Awarding Organization | Amount |
---|---|
Fraternal Order Of Eagles Foundation Grove City, OH PURPOSE: RESEARCH | $30,000 |
Community Foundation Of Howard County Inc Kokomo, IN PURPOSE: AGENCY DISTRIBUTION | $7,936 |
Beg. Balance | $926,468 |
Earnings | $58,585 |
Net Contributions | $196,664 |
Other Expense | $30,097 |
Ending Balance | $1,151,620 |
Organization Name | Assets | Revenue |
---|---|---|
Sinai Health System Chicago, IL | $281,453,478 | $93,419,606 |
The Foundation For Barnes-Jewish Hospital St Louis, MO | $993,230,579 | $106,273,508 |
Deaconess Health System Inc Evansville, IN | $144,110,992 | $33,405,417 |
Norton Properties Inc Louisville, KY | $374,509,086 | $60,233,665 |
Freeport Regional Health Care Found Ation Freeport, IL | $44,647,544 | $45,400,897 |
Ann & Robert H Lurie Childrens Hospital Of Chicago Foundation Chicago, IL | $630,869 | $58,277,786 |
Ascension Medical Group Genesys St Louis, MO | $56,901,611 | $50,467,195 |
Cincinnati Bell Health And Welfare Trust Milwaukee, WI | $10,960 | $35,872,247 |
Childrens Hospital Of Wisconsin Foundation Inc Milwaukee, WI | $1,206,475,471 | $94,444,184 |
Milwaukee Regional Medical Center Thermal Service Inc Milwaukee, WI | $234,655,372 | $32,150,552 |
St Louis Childrens Hospital Foundation St Louis, MO | $519,869,527 | $109,928,853 |
Midwest Medical Center Galena, IL | $42,348,172 | $34,873,960 |