Daniels Memorial Hospital Foundation Inc

Organization Overview

Daniels Memorial Hospital Foundation Inc is located in Scobey, MT. The organization was established in 1986. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2023, Daniels Memorial Hospital Foundation Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daniels 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 12/2023, Daniels Memorial Hospital Foundation Inc generated $351.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $118.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

COMMUNITY HEALTHCARE SUPPORT

Describe the Organization's Program Activity:

Part 3 - Line 4a

DMHF CONTINUES TO ACCEPT CHARITABLE CONTRIBUTIONS AND MANAGE FUNDS. GRANTS ARE GIVEN TO THE LOCAL HOSPITAL AND OTHER MEDICAL RELATED VENTURES. IN ADDITION, THE FOUNDATION GRANTS EDUCATIONAL SCHOLARSHIPS AND CONTINUING EDUCATION REIMBURSEMENTS TO INDIVIDUALS FOR HEALTHCARE.


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Board, Officers & Key Employees

Name (title)Compensation
Donald Hagfeldt
President
$0
Chance Hammar
Vice President
$0
Cooper Olson
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$187,630
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$187,630
Total Program Service Revenue$0
Investment income $70,244
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $58,964
Net Income from Fundraising Events $34,681
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $351,619

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