Mercy Hospital Of Devils Lake Fnd
- Assets
- $538.3k
- Revenue
- $49.8k
- Investments
- $25.5k
- Employees
- 0
- Location
- Devils Lake, ND
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 35-2367360
Organization Overview
Mercy Hospital Of Devils Lake Fnd, operating under the name Chi St Alexius Health Devils Lake Hospital Foundation, is located in Devils Lake, ND. The organization was established in 1946. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Chi St Alexius Health Devils Lake 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 06/2022, Chi St Alexius Health Devils Lake Hospital Foundation generated $49.8k 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 (3.7%) each year. All expenses for the organization totaled $212.0 during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (51.4%) per year over the past 7 years. 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
THE MERCY HOSPITAL OF DEVILS LAKE FOUNDATION SUPPORTS MERCY HOSPITAL OF DEVILS LAKE, WHICH PROVIDES DIAGNOSTIC AND THERAPEUTIC CARE FOR THE POOR AND INDIGENT AND REACHES OUT TO PROMOTE HEALTHIER COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MERCY HOSPITAL OF DEVILS LAKE FOUNDATION ("FOUNDATION") WAS INCORPORATED AS A LEGAL ENTITY IN 2009 AND HAS BEEN GRANTED 501(C)(3), TAX-EXEMPT STATUS. THE FOUNDATION'S PURPOSE IS TO SERVE AS THE OFFICIAL GIFT-RECEIVING AND GIFT-ADMINISTRATION AGENCY OF MERCY HOSPITAL OF DEVILS LAKE.THE GOAL OF THE FOUNDATION'S STAFF AND BOARD OF DIRECTORS IS TO RAISE FUNDS THROUGH SPECIAL EVENTS, ANNUAL GIVING, MAJOR GIFTS, PLANNED GIVING, CORPORATE/FOUNDATION GRANTS, AND CAPITAL CAMPAIGNS TO HELP FUND THE HEALTH CARE PROGRAMS AND PROJECT AND COMMUNITY OUTREACH SERVICES OFFERED BY MERCY HOSPITAL OF DEVILS LAKE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Lankowicz Former President/ceo Chi Mercy Hospital Of Devils | 0 | $0 | |
Mariann Doeling President/ceo Chi Mercy Hospital Of Devils Lake | OfficerTrustee | 1 | $0 |
Amber Stowman CFO Chi Mercy Hospital Of Devils Lake/treasurer | OfficerTrustee | 1 | $0 |
Kurt Sargent VP Operational Finance/treasurer (thru 3/2021) | 0 | $0 | |
Terri Mertens Board Member | Trustee | 1 | $0 |
Melanie Quinton Foundation Director/board Secretary | OfficerTrustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $24,629 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,934 |
| Noncash contributions included in lines 1a–1f | $14,897 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,563 |
| Total Program Service Revenue | $0 |
| Investment income | $244 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,249 |
| Net Income from Fundraising Events | -$893 |
| Net Income from Gaming Activities | $11,623 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,786 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $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 | $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 | $51 |
| Office expenses | $0 |
| 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 | $161 |
| Total functional expenses | $212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $512,799 |
| 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 | $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 | $25,528 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $538,327 |
| Accounts payable and accrued expenses | $2,589 |
| 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 | $1,230 |
| Total liabilities | $3,819 |
| Net assets without donor restrictions | $78,244 |
| Net assets with donor restrictions | $456,264 |
| 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 | $538,327 |