Broadlawns Medical Center Foundation
- Assets
- $3.1m
- Revenue
- $845.0k
- Investments
- $211.6k
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 12/2001
- Data as of
- 06/2021
- EIN
- 42-1527407
Organization Overview
Broadlawns Medical Center Foundation is located in Des Moines, IA. The organization was established in 2001. 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. Broadlawns 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 06/2021, Broadlawns Medical Center Foundation generated $845.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $893.7k during the year ending 06/2021. 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
TO SUPPORT THE SUCCESS OF BROADLAWNS MEDICAL CENTER BY PROMOTING THE FINANCIAL VIABILITY AND THE IMAGE OF THE ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BROADLAWNS MEDICAL CENTER FOUNDATION SUPPORTS THE MISSION OF BROADLAWNS BY FUNDRAISING AND DISTRIBUTING FUNDS FOR VARIOUS HOSPITAL PROGRAMS AND EQUIPMENT. FUNDS ARE RAISED THROUGH INDIVIDUAL AND CORPORATE DONATIONS, FOUNDATIONS, GRANTS, IN-KIND CONTRIBUTIONS AND SPECIAL EVENTS. REVENUE COLLECTED IS USED TO SUPPORT THE FOLLOWING NEEDS AT BROADLAWNS MEDICAL CENTER: BIRTHING CENTER: PROVIDING DELIVERING MOTHERS AND THEIR NEWBORNS WITH CARE ESSENTIALS, INCLUDING PLAYPENS AND CAR SEATS TO ENSURE THE SAFETY OF NEWBORNS UPON DISCHARGE FROM THE HOSPITAL. CAPITAL FUNDING WAS SECURED FOR EQUIPPING A NEW BIRTHING UNIT. MENTAL HEALTH FUNDING IS SECURED TO ASSIST WITH THE FOCUS PROGRAM THAT CARES FOR CHILDREN AND ADOLESCENTS WHOSE EMOTIONAL NEEDS NECESSITATE HIGHLY COORDINATED CARE. THE FOCUS PROGRAM IS ADMINISTERED IN CONJUNCTION WITH THE DES MOINES PUBLIC SCHOOLS. EFFORTS CONTINUE IN ORDER TO RAISE FUNDS FOR THE SURGERY EXPANSION EFFORTS. FUNDRAISING FOR SECOND RESIDENT HOUSING BUILDING IS ONGOING. FUNDING WAS SECURED TO SUPPORT THE TEACH JOB TRAINING PROGRAM FOR THE AT-RISK POPULATION WHO FACE EMPLOYMENT BARRIERS. OTHER PHASES OF MODERNIZATION THAT HAVE BEEN COMPLETED IN RECENT YEARS AT BROADLAWNS MEDICAL CENTER INCLUDE THE ONCOLOGY CENTER, DENTAL CLINIC, FAMILY HEALTH CENTER, GERIATRIC AND MEMORY CENTER, EAST UNIVERSITY CLINIC, PAIN MANAGEMENT CENTER, OUTPATIENT MENTAL HEALTH, EMERGENCY DEPARTMENT, WALK-IN CLINIC, RADIOLOGY, MEDICAL OFFICE BUILDING, MAIN ENTRANCE, FINANCIAL COUNSELING, REGISTRATION AND MORGUE.
THE EMPLOYEES OF BROADLAWNS MEDICAL CENTER PARTICIPATE IN AN ANNUAL CAMPAIGN TO SUPPORT VARIOUS INITIATIVES TO SUPPORT BROADLAWNS AND THE COMMUNITY THAT WE SERVE. IT IS THROUGH THE ANNUAL CAMPAIGN THAT WE ARE ABLE TO DEMONSTRATE TO OUR COMMUNITY DONORS THAT OUR EMPLOYEES ARE COMMITTED TO BROADLAWNS. IN FISCAL YEAR 2021, WE RAISED $141,785.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jody Jenner President (thru April 2021) | OfficerTrustee | 1 | $0 |
Karl Vilums Treasurer/interim President | OfficerTrustee | 1 | $0 |
Tammy Gentry Chair | OfficerTrustee | 1 | $0 |
Brian Clark Vice Chair | OfficerTrustee | 1 | $0 |
Kathryn Wengert Executive Director | Officer | 8 | $0 |
Theron Jameson DO Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $107,120 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $716,155 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $823,275 |
| Total Program Service Revenue | $0 |
| Investment income | $21,758 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $845,033 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $640,468 |
| 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 | $165,653 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $87,574 |
| 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 | $893,695 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $616,877 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $205,483 |
| 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 | $2,053,631 |
| Investments—other securities | $211,627 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,542 |
| Total assets | $3,140,160 |
| Accounts payable and accrued expenses | $1,767 |
| 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 | $1,767 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $3,138,393 |
| Total liabilities and net assets/fund balances | $3,140,160 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Broadlawns Medical Center Foundation has recieved totaling $127,612.
| Awarding Organization | Amount |
|---|---|
Prairie Meadows Race Track & Casino Inc Altoona, IA PURPOSE: Stereotactic Breast Biopsy System for Early Cancer Detection and Treatment | $99,999 |
Community Fdn Of Greater Des Moines Des Moines, IA PURPOSE: GRANT DISTRIBUTION - HUNGER FREE POLK COUNTY | $10,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $9,113 |
Shive-Hattery Group Charitable Contribution Fund Inc Cedar Rapids, IA PURPOSE: GENERAL OPERATING BUDGET | $7,500 |
Pillsbury Foundation St Louis, MO PURPOSE: CHARITABLE | $500 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sinai Health System Chicago, IL | $281,453,478 | $93,419,606 |
The Foundation For Barnes-Jewish Hospital St Louis, MO | $993,230,579 | $106,273,508 |
Freeport Regional Health Care Found Ation Freeport, IL | $44,647,544 | $45,400,897 |
Teamsters Local 346 Health Fund Trust Bloomington, MN | $55,790,921 | $66,782,892 |
Ann & Robert H Lurie Childrens Hospital Of Chicago Foundation Chicago, IL | $630,869 | $58,277,786 |
Ascension Medical Group Genesys St Louis, MO | $56,901,611 | $50,467,195 |
Childrens Hospital & Medical Center Foundation Omaha, NE | $482,957,536 | $27,549,600 |
Healthpartners Institute Minneapolis, MN | $92,324,263 | $47,741,048 |
Cincinnati Bell Health And Welfare Trust Milwaukee, WI | $10,960 | $35,872,247 |
Childrens Hospital Of Wisconsin Foundation Inc Milwaukee, WI | $1,206,475,471 | $94,444,184 |
Milwaukee Regional Medical Center Thermal Service Inc Milwaukee, WI | $234,655,372 | $32,150,552 |
Regional West Health Services & Affiliated Employee Benefit Trust Scottsbluff, NE | $5,369,125 | $34,323,197 |