Yampa Valley Medical Center Foundation
- Assets
- $22.9m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Steamboat Springs, CO
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 31-1806773
Organization Overview
Yampa Valley Medical Center Foundation is located in Steamboat Springs, CO. The organization was established in 2001. 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. As of 06/2022, Yampa Valley Medical Center Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yampa Valley Medical Center 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 06/2022, Yampa Valley Medical Center Foundation generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Yampa Valley Medical Center Foundation has awarded 63 individual grants totaling $10,052,928. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE HEALTHCARE SERVICES OF THE UCHEALTH YVMC AND THE COMMUNITY IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESTRICTED FUND -PROVIDES FUNDING TO SUPPORT THE NEW YVMC CANCER CENTER BUILDING, ANNUAL GRANTS TO VARIOUS COMMUNITY ORGANIZATIONS TO IMPROVE ACCESS TO HEALTH CARE, MENTAL HEALTH SERVICES AND EDUCATION, AND COUNSELING SERVICES FOR THE SCHOOL DISTRICTS.
UNRESTRICTED FUND - PROVIDES FUNDING FOR HOSPITAL PROGRAM SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Downs Wasserman Board Chair | OfficerTrustee | 1 | $0 |
Scott Marr Board Secretary | OfficerTrustee | 1 | $0 |
Rich Lowe Trustee | Trustee | 1 | $0 |
Nelly Navarro Trustee | Trustee | 1 | $0 |
Laurie Steele Trustee | Trustee | 1 | $0 |
Kara Stoller Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $440,962 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $383,600 |
| Noncash contributions included in lines 1a–1f | $5,563 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $824,562 |
| Total Program Service Revenue | $0 |
| Investment income | $379,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $898,343 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,102,391 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,417,977 |
| Grants and other assistance to domestic individuals. | $13,044 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $161,073 |
| Compensation of current officers, directors, key employees. | $53,691 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $90,203 |
| Pension plan accruals and contributions | $5,262 |
| Other employee benefits | $16,072 |
| Payroll taxes | $842 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $450 |
| Fees for services: Accounting | $4,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $39,402 |
| Fees for services: Other | $2,322 |
| Advertising and promotion | $5,757 |
| Office expenses | $7,376 |
| 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 | $0 |
| Total functional expenses | $1,789,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $578,633 |
| Pledges and grants receivable | $7,033,931 |
| 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 | $15,245,766 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $22,858,330 |
| Accounts payable and accrued expenses | $0 |
| 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 | $511,578 |
| Total liabilities | $511,578 |
| Net assets without donor restrictions | $2,377,366 |
| Net assets with donor restrictions | $19,969,386 |
| 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 | $22,858,330 |
Grants Awarded
Over the last fiscal year, Yampa Valley Medical Center Foundation has awarded $1,412,977 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
STEAMBOAT HEALTH & RECREATION ASSOCIATION PURPOSE: PARTNERSHIP AND CONTRIBUTION | $250,000 |
UCHEALTH YAMPA VALLEY MEDICAL CENTER PURPOSE: TO SERVE PATIENTS | $677,777 |
STEAMBOAT SCHOOL DISTRICT RE2 PURPOSE: MENTAL HEALTH | $100,000 |
SOUTH ROUTT SCHOOL DISTRICT PURPOSE: MENTAL HEALTH | $25,000 |
REACHING EVERYONE PREVENTING SUICIDE (REPS) PURPOSE: EDUCATION AND INTERVENTION | $25,000 |
ROCKY MOUNTAIN PLANNED PARENTHOOD PURPOSE: REPRODUCTIVE & SEXUAL HEALTH CARE SERVICES | $20,000 |