Richland Hospital Foundation Inc is located in Richland Center, WI. The organization was established in 1987. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richland Hospital 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 12/2022, Richland Hospital Foundation Inc generated $85.4k 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 (13.6%) each year. All expenses for the organization totaled $156.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE RICHLAND HOSPITAL FOUNDATION, INC. IS TO SUPPORT THE RICHLAND HOSPITAL AND CLINICS TO ENHANCE EXCEPTIONAL HEALTH CARE THROUGHOUT OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS FOR EQUIPMENT: ANESTHESIA INFUSION PUMP, RESUSCI ANNE, BODY COMPOSITION ANALYZER, NUSTEP RECUMBENT STEPPER AND BIKE, STRENGTH SYSTEM, CHATTANOOGA ULTRASOUND MACHINE E-STIM, SPLINT PAN, AND ER TE7 MAX ULTRASOUND MACHINE.
COMMUNITY MEMBER'S HEALTH CARE SCHOLARSHIPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Cindy Hanold Interim E.d. (president Thru Sept) | OfficerTrustee | 20 | $0 |
Alicia Woodhouse Vice President | OfficerTrustee | 1 | $0 |
Ellie Stanek Secretary/treasurer | OfficerTrustee | 1 | $0 |
Jesse Adsit Director | Trustee | 1 | $0 |
Steve Bauer Director | Trustee | 1 | $0 |
Brett Iverson Director (thru Apr) | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $8,333 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $73,326 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $81,659 |
Total Program Service Revenue | $0 |
Investment income | $945 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $2,773 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $85,377 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $79,483 |
Grants and other assistance to domestic individuals. | $44,400 |
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 | $4,525 |
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 | $8,279 |
Advertising and promotion | $8,081 |
Office expenses | $11,477 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $143 |
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 | $300 |
All other expenses | $0 |
Total functional expenses | $156,688 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $357,202 |
Savings and temporary cash investments | $830,812 |
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 | $103,153 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,954 |
Total assets | $1,295,121 |
Accounts payable and accrued expenses | $23,004 |
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 | $23,004 |
Net assets without donor restrictions | $786,941 |
Net assets with donor restrictions | $485,176 |
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 | $1,295,121 |