Memorial Hospital And Community Health Foundation Inc
- Assets
- $3.8m
- Revenue
- $134.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Antigo, WI
- Founding
- 11/1979
- Data as of
- 12/2023
- EIN
- 39-1304761
Organization Overview
Memorial Hospital And Community Health Foundation Inc is located in Antigo, WI. The organization was established in 1979. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memorial Hospital And Community Health 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, Memorial Hospital And Community Health Foundation Inc generated $134.9k 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 (5.6%) each year. All expenses for the organization totaled $138.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Memorial Hospital And Community Health Foundation Inc has awarded 33 individual grants totaling $974,336. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS ESTABLISHED TO SOLICIT AND RECEIVE CONTRIBUTIONS, GIFTS, AND GRANTS OF FUNDS AND PROPERTY. THE FOUNDATION MANAGES AND INVESTS SUCH ASSETS AND MAKES DISTRIBUTIONS TO HEALTH CARE ORGANIZATIONS, INCLUDING LANGLADE HOSPITAL - HOTEL DIEU OF ST JOSEPH OF ANTIGO, WISCONSIN ("ASPIRUS LANGLADE HOSPITAL").
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACTIVITY RELATES TO RAISING FUNDS FOR ASPIRUS LANGLADE HOSPITAL AND OTHER NON-PROFIT ORGANIZATIONS IN THE COMMUNITY AND EDUCATING PERSONNEL TO DELIVER REQUIRED CARE TO MEMBERS OF THE COMMUNITY. THE COMMUNITY HEALTH FOUNDATION MANAGES A LIFELINE PROGRAM IN LANGLADE AND SURROUNDING COUNTIES, RENTING AND MAINTAIN LIFELINE UNITS TO 155 SUBSCRIBERS. THE FOUNDATION ALSO SPONSORS ADVANCED CARDIAC LIFE SUPPORT AND CPR TRAINING FOR MEDICAL PROFESSIONALS IN LANGLADE AND SURROUNDING COUNTIES, TRAINING 862 PEOPLE. ADDITIONALLY, THE FOUNDATION SPONSORS TRAINING NEONATAL RESUSCITATION, SERVING 22 PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Bunten Hospital President | OfficerTrustee | 0.5 | $0 |
Steve Brettingen President | OfficerTrustee | 0.5 | $0 |
Jason Jansen Treasurer | OfficerTrustee | 0.5 | $0 |
Sherry Aulik Board Member | Trustee | 0.5 | $0 |
Erin Baginski Board Member | Trustee | 0.5 | $0 |
Cathy Connor Board Member | Trustee | 0.5 | $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 | $30,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,751 |
| Total Program Service Revenue | $16,520 |
| Investment income | $79,498 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,174 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $134,943 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $129,988 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,654 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $138,114 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,734 |
| Savings and temporary cash investments | $213,545 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $3,534,367 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,806,646 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,633,304 |
| Net assets with donor restrictions | $2,173,342 |
| 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 | $3,806,646 |
Grants Awarded
Over the last fiscal year, Memorial Hospital And Community Health Foundation Inc has awarded $109,065 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ASPIRUS LANGLADE HOSPITAL PURPOSE: MEDICAL GRADE WHEELCHAIRS, WALKERS, CANES, HEALING GARDEN LANDSCAPING SUPPLIES, MIADERM LOTION FOR PATIENTS, ATHLETIC TRAINING SUPPLIES, REIMBURSEMENT OF TRANSPORTATION FROM JUNE 2022-JANUARY 2023, PRONE BREAST BOARD, AND PURCHASE DRY ACID MIXER | $67,530 |
BOYS AND GIRLS CLUB OF THE NORTHWOODS PURPOSE: FUNDS FOR MENTAL HEALTH PROFESSIONAL | $25,000 |
ANTIGO COMMUNITY FOOD PANTRY PURPOSE: WEEKEND BACKPACK PROGRAM - FUNDS TO PURCHASE FOOD TO PROVIDE TO CHILDREN | $10,000 |
ANTIGO AREA YOUTH HOCKEY ASSOCIATION PURPOSE: FUNDS FOR EQUIPMENT (ICE SKATES, SHARPENER) | $6,535 |