Huron Memorial Foundation

Organization Overview

Huron Memorial Foundation is located in Bad Axe, MI. The organization was established in 1987. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huron Memorial 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 09/2023, Huron Memorial Foundation generated $27.7k 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 (9.4%) each year. All expenses for the organization totaled $1.1k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (34.9%) per year over the past 8 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

TO HELP MCLAREN THUMB REGION OBTAIN FINANCIAL RESOURCES TO PROVIDE EXCELLENCE IN PATIENT CARE AND SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO HELP MCLAREN THUMB REGION OBTAIN FINANCIAL RESOURCES TO PROVIDE EXCELLENCE IN PATIENT CARE AND SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Connie Koutouzos
President & CEO
$0
Stephanie Remley
Treasurer
$0
Donald Clark
Chairman
$0
Mimi Herrington
Vice-Chair
$0
Corinna Kranz
Foundation Coordinator
$0
Sue Roncka
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$18,357
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$244
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$18,601
Total Program Service Revenue$0
Investment income $2,079
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$185
Net Income from Gaming Activities $7,244
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $27,739

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