Dickinson Hospitals Foundation
- Assets
- $758.1k
- Revenue
- $299.6k
- Investments
- $9.0k
- Employees
- 0
- Location
- Iron Mountain, MI
- Founding
- 10/1964
- Data as of
- 12/2021
- EIN
- 38-6093161
Organization Overview
Dickinson Hospitals Foundation is located in Iron Mountain, MI. The organization was established in 1964. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dickinson Hospitals 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 12/2021, Dickinson Hospitals Foundation generated $299.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $46.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
14TO SOLICIT, RECEIVE AND EXPEND FUNDS TO IMPROVE MEDICAL AND HOSPITAL CARE FACILITIES, PROGRAMS AND SERVICES AT DICKINSON CTY MEM HOSPITAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO SPECIFIC HOSPITAL FUNCTIONS/DEPARTMENTS
GRANTS TO COMMUNITY HEALTH INITIATIVES
GRANTS TO HOSPITAL UPGRADES/CAPITAL IMPROVEMENTS
OTHER PROGRAM SERVICES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Forgette Jr Vice President | OfficerTrustee | 0.5 | $0 |
Steve Pontbriand President | OfficerTrustee | 1 | $0 |
Tamara Juul Executive Director, Secret | OfficerTrustee | 6 | $0 |
Susan Hadley Treasurer | OfficerTrustee | 1 | $0 |
Kristine Leonard Trustee | Trustee | 0.5 | $0 |
Peggy Freeman Trustee | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,734 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $250,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $280,421 |
| Total Program Service Revenue | $0 |
| Investment income | $10,552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $12,422 |
| Net Income from Fundraising Events | -$3,796 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $299,599 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $28,557 |
| 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 | $2,932 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,683 |
| Fees for services: Other | $10,610 |
| Advertising and promotion | $0 |
| Office expenses | $941 |
| 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 | $830 |
| All other expenses | $0 |
| Total functional expenses | $46,553 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,171 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $422 |
| 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 | $602,491 |
| Investments—other securities | $9,000 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $758,084 |
| Accounts payable and accrued expenses | $2,653 |
| 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 | $0 |
| Total liabilities | $2,653 |
| Net assets without donor restrictions | $658,440 |
| Net assets with donor restrictions | $96,991 |
| 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 | $758,084 |
Grants Awarded
Over the last fiscal year, Dickinson Hospitals Foundation has awarded $50,010 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Iron Mountain, MI PURPOSE: MISCELLANEOUS DONATIONS TO DICKINSON COUNTY HOSPITAL | $50,010 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Dickinson Hospitals Foundation has recieved totaling $334,532.
| Awarding Organization | Amount |
|---|---|
Michigan Center For Rural Health East Lansing, MI PURPOSE: SEE STATEMENT 2. | $269,532 |
Dickinson Area Communtiy Foundation Iron Mountain, MI PURPOSE: GRANT TO BE USED FOR HOSPITAL IMPROVEMENTS. | $65,000 |
Endowment Analysis
| Net Contributions | $100 |
| Ending Balance | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For Medical Research And Education Detroit, MI | $30,425,506 | $9,049,534 |
Pulaski Health Foundation Inc Winamac, IN | $8,480,545 | $8,038,166 |
Healthcare Foundation Of La Porte Inc La Porte, IN | $192,768,600 | $27,903,057 |
Legacy Foundation Of Central Wisconsin Inc Wisconsin Rapids, WI | $142,600,446 | $4,980,958 |
Metro Solutions Inc Southfield, MI | $8,153,189 | $9,205,268 |
Marshfield Clinic Health System Foundation Inc Marshfield, WI | $149,772,122 | $21,068,703 |
Legacy Dmc Detroit, MI | $0 | $132,374 |
Umrc Foundation Inc Chelsea, MI | $60,873,284 | $7,062,844 |
W O Walker Center Inc Cleveland, OH | $19,729,896 | $6,201,003 |
Blue Cross And Blue Shield Of Michigan Foundation Detroit, MI | $61,896,872 | $15,786,685 |
Sparrow Foundation Lansing, MI | $31,611,977 | $7,751,480 |
Dmc Foundation Detroit, MI | $83,661,972 | $8,497,712 |