Northern Lakes Health Care Fund
- Assets
- $24.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, MN
- Founding
- 11/1986
- Data as of
- 06/2022
- 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 06/2022, Northern Lakes Health Care Fund generated $2.0 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 (31.1%) each year. All expenses for the organization totaled $1.9k during the year ending 06/2022. 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
2022
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 | |
Laura Ackman Director | 0.4 | $0 | |
Sally Buck Chief Executive Officer | 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 | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2 |
| 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 | $1,855 |
| Total expenses | $1,855 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,131 |
| Other assets | $0 |
| Total assets | $24,131 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,131 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richardton Health Center Inc Richardton, ND | $6,624,824 | $4,311,351 |
Regional Hospice Services Inc Ashland, WI | $7,498,506 | $4,044,793 |
Aspirus Health Foundation Inc Wausau, WI | $42,241,795 | $2,276,548 |
Hrmc Foundation Huron, SD | $3,566,373 | $620,258 |
Shelby County Health Foundation Harlan, IA | $3,482,606 | $215,436 |
Rural Health Services Inc Alexandria, MN | $442,364 | $204,000 |
Northern Lakes Health Care Fund Duluth, MN | $24,131 | $0 |