Russell L Smith And Vera M Smith Educational Medical And Charitable
- Assets
- $5.1m
- Revenue
- $219.5k
- Investments
- $0.0
- Employees
- 0
- Location
- La Crosse, WI
- Founding
- 01/1993
- Data as of
- 12/2023
- EIN
- 39-1744162
Organization Overview
Russell L Smith And Vera M Smith Educational Medical And Charitable is located in La Crosse, WI. The organization was established in 1993. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Russell L Smith And Vera M Smith Educational Medical And Charitable 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, Russell L Smith And Vera M Smith Educational Medical And Charitable generated $219.5k 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 (12.2%) each year. All expenses for the organization totaled $311.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Russell L Smith And Vera M Smith Educational Medical And Charitable has awarded 263 individual grants totaling $2,669,166. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trust Point Inc Trustee | 1 | $34,194 | |
Yan Arsenault Director | 1 | $0 | |
Darwin Isaacson Director | 1 | $0 | |
Mark Chamberlain Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $12,388 |
| Dividends & Interest | $117,131 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,886 |
| Capital Gain Net Income | $82,886 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,144 |
| Total Revenue | $219,549 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $34,194 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $979 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $39,821 |
| Contributions, gifts, grants paid | $271,500 |
| Total expenses and disbursements | $311,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $59,200 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $4,991,761 |
| Total assets | $5,050,961 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Russell L Smith And Vera M Smith Educational Medical And Charitable has awarded $271,500 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
BIG BROTHERS BIG SISTERS PURPOSE: HUMANITARIAN | $5,000 |
LA CROSSE AREA FAMILY YMCA PURPOSE: ANNUAL CAMPAIGN | $5,000 |
LA CROSSE VALLEY VIEW ROTARY CLUB PURPOSE: MOON TUNES | $7,000 |
SALVATION ARMY PURPOSE: HUMANITARIAN | $7,500 |
LA CROSSE COUNTY HISTORICAL SOCIETY PURPOSE: EDUCATION | $2,000 |
BLUE STARS D&BC PURPOSE: EDUCATIONAL | $2,500 |