Shenandoah Medical Center Foundation
- Assets
- $1.8m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Shenandoah, IA
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 42-1471184
Organization Overview
Shenandoah Medical Center Foundation is located in Shenandoah, IA. The organization was established in 1999. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Shenandoah Medical Center 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, Shenandoah Medical Center Foundation generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 57.3% each year . All expenses for the organization totaled $190.9k during the year ending 12/2021. While expenses have increased by 13.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO SUPPORT SHENANDOAH MEDICAL CENTER & COMMUNITY HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT SHENANDOAH MEDICAL CENTER & COMMUNITY HEALTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Sells Director / Hospital CEO | OfficerTrustee | 1 | $0 |
Craig Harris Chairperson | OfficerTrustee | 1 | $0 |
Jeannine Liljedahl Vice Chairperson | OfficerTrustee | 1 | $0 |
Mims Henstorf Secretary/treasurer | OfficerTrustee | 1 | $0 |
Kaley Neal Hospital CFO | Officer | 1 | $0 |
Margo Bateman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,062 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,231,293 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,263,355 |
| Total Program Service Revenue | $0 |
| Investment income | $9,283 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,640 |
| Net Income from Fundraising Events | -$2,911 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,284,367 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $177,209 |
| 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 | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,961 |
| Fees for services: Other | $4,916 |
| Advertising and promotion | $0 |
| Office expenses | $2,378 |
| 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 | $190,885 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,155,963 |
| Savings and temporary cash investments | $9,195 |
| Pledges and grants receivable | $391,258 |
| 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 | $286,849 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,843,265 |
| Accounts payable and accrued expenses | $35,130 |
| 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 | $35,130 |
| Net assets without donor restrictions | $1,889,830 |
| Net assets with donor restrictions | -$81,695 |
| 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 | $1,843,265 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Shenandoah Medical Center Foundation has recieved totaling $650.
| Awarding Organization | Amount |
|---|---|
Pella Rolscreen Foundation Pella, IA PURPOSE: GENERAL OPERATIONS | $650 |
Endowment Analysis
| Beg. Balance | $127,757 |
| Net Contributions | $14,177 |
| Ending Balance | $141,934 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mammel Family Foundation Omaha, NE | $116,455,414 | $27,168,281 |
Sojourner Foundation Inc Milwaukee, WI | $5,493,853 | $4,205,530 |
Bloomington-Normal Ymca Charitable Foundation Nfp Bloomington, IL | $12,002,532 | $7,012,515 |
Propel Nonprofits Minneapolis, MN | $49,559,623 | $14,478,230 |
Moose Foundation Inc Mooseheart, IL | $261,014,797 | $19,670,612 |
Jewish Federation Of Omaha Foundation Omaha, NE | $124,451,193 | $16,233,916 |
West Bend Community Foundation Inc Milwaukee, WI | $79,149,428 | $10,575,689 |
Glasser And Rosenthal Family Foundation Chicago, IL | $0 | $604,291 |
Real Estate Charitable Foundation Kansas City, MO | $43,935,265 | $4,204,580 |
Barbara Mettler Personal Tr Champaign, IL | $0 | $38,620 |
Friends Of Penfield Childrens Center Inc Milwaukee, WI | $8,290,252 | $2,579,522 |
Annette And Paul Smith Charitable Fund Omaha, NE | $1,572,080 | $32,841 |