Northern Lakes Health Care Fund
- Assets
- $22.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 11/1986
- Data as of
- 06/2023
- EIN
- 36-3463123
Organization Overview
Northern Lakes Health Care Fund is located in Duluth, MN. The organization was established in 1986. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northern Lakes Health Care Fund 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 06/2023, Northern Lakes Health Care Fund generated $3.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (24.0%) each year. All expenses for the organization totaled $2.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THERE WAS NO PROGRAM ACTIVITY DURING THE YEAR. THE ORGANIZATION IS CURRENTLY DEVELOPING PLANS TO USE THE REMAINING ASSETS AND TERMINATE THE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond Christensen MD President | 0.4 | $0 | |
Jack Greene MD Vice President | 0.4 | $0 | |
Jo Ann Hoag Secretary/treasurer | 0.4 | $0 | |
Sally Buck Chief Executive Officer | 0.4 | $0 | |
Terry Hill Director | 0.4 | $0 | |
Michael Holmes Director | 0.4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,079 |
| Total expenses | $2,079 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,055 |
| Other assets | $0 |
| Total assets | $22,055 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,055 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richardton Health Center Inc Richardton, ND | $5,953,509 | $4,529,527 |
Regional Hospice Services Inc Ashland, WI | $8,477,220 | $4,186,860 |
Aspirus Health Foundation Inc Wausau, WI | $36,765,149 | $4,598,529 |
Hrmc Foundation Huron, SD | $3,328,888 | $516,792 |
Shelby County Health Foundation Harlan, IA | $3,649,521 | $379,566 |
Rural Health Services Inc Alexandria, MN | $294,859 | $216,000 |
Northern Lakes Health Care Fund Duluth, MN | $22,055 | $0 |